The prices of rice in India in the past week have increased about 5 per cent as neighbouring Bangladesh has again cut import duty on rice from 25 per cent to 15.25 per cent, according to an ET report. The reduction in import duty is expected to increase the rice demand from Bangladesh. “Prices have […]
The post Rice prices jump 5% as Bangladesh cuts import duty first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 8 September 2022 – Drivers can now stretch their dollar further with three simple steps by MoneySmart on what to look out for when buying their car insurance. Vehicle ownership in Singapore comes with additional costs, such as the Certificate of Entitlement (COE) and motor insurance. With COE prices on the rise recently, buyers are feeling the pinch due to the higher […]
Everyone’s invited to the party! Celebrate iShopChangi’s 9th birthday this September in style with upsized deals, flash sales, giveaways, exclusive limited-edition sets, and rewards. Running until 30 September 2022, this is your chance to race to the best deals and toast to savings on beauty products, the latest electronics, and more. SINGAPORE – Media OutReach – 1 September 2022 – From 1 – 30 September 2022, join […]
India has become the fifth largest economy in the world, beating the UK, a report has said. The country has become the fifth biggest economy during the last three months of 2021, pushing the United Kingdom to the sixth spot, with the country grappling with a harsh shock of high cost of living. This is […]
The post India beats UK to become 5th largest economy first appeared on IPA Newspack.
By Prabhat Patnaik Economists distinguish between two kinds of inflation: “demand-pull” and “cost-push”. Demand-pull inflation is said to occur when there is excess demand in a situation where supply cannot be augmented, because full capacity output has been reached in one or more crucial sectors. Wartime inflation is a classic example. In India during the […]
The post Inflation Is Being Controlled At The Expense Of Working Class first appeared on IPA Newspack.
By K R Sudhaman It is a no brainer that India’s economic growth would look impressive after a virtual shut down in the previous year due to Covid Pandemic. But the question to be asked is the double digit growth is good enough and to the desired level and are their worrying factors in the […]
The post India’s FY 23 Q1 GDP Impressive But Pitfalls Remain As Inflation Worrying first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 1 September 2022 – On 1 September 2022, after Fosun International Limited (HKEX stock code: 00656, “Fosun International”), together with its subsidiaries (“Fosun” or the “Group”) announced its 2022 interim results on 30 August, Goldman Sachs, Morgan Stanley, Daiwa Capital Markets and CICC issued research reports and unanimously assigned “Buy” or “Overweight/Outperform” ratings to Fosun International. The interim results show […]
By Ashis Biswas Bangladesh Prime Minister Sheikh Hasina’s long-awaited visit to India beginning September 5 is unusually significant for a variety of reasons: From all indications, the burden of expectations is more palpable within the ruling establishment in Dhaka than among Indian political leaders. During her three-day stay, Ms Hasina would meet Indian Prime Minister […]
The post Bangladesh Prime Minister Sheikh Hasina’s Three-Day Visit To India Crucial first appeared on IPA Newspack.
The video of Telangana Chief Minister K Chandrashekhar Rao repeatedly asking his Bihar counterpart to ‘Please sit down, please sit down’ and let him answer the media’s questions is now going viral. The BJP, which has shared the video, blamed Nitish’s ‘self-conceited’ nature behind it, while adding that KCR had ‘brought it upon himself’. KCR […]
The post KCR’s Bihar tour turns laughing stock over ‘Nitish as PM’ first appeared on IPA Newspack.
By K Raveendran The rupee hit a historic low this week. The immediate provocation was, of course, a signal from the US Federal Reserve that it will persist with high interest rates so as to try and control inflation. The dollar has been steadily climbing in recent times, driven by an exodus of capital into […]
The post A Historical Perspective To Rupee Falling To Its All-Time Low first appeared on IPA Newspack.
By James M Dorsey A potential revival of the Iran nuclear accord is likely to test the sustainability of Middle Eastern efforts to dial down tensions and manage differences by improving diplomatic relations and fostering economic cooperation. In the latest fence mending, two Gulf states, Kuwait and the United Arab Emirates announced their ambassadors’ return […]
The post Revival Of Iran Nuclear Deal To Test Middle East Détente first appeared on IPA Newspack.
By Arun Srivastava Prime Minister candidate of the British Conservative Party Rishi Sunak has been consistently outperforming Truss in debates yet he continues to lag behind his challenger among the voters of the Party. Senior Tory leaders say that he is not having good time. Sunak who made a robust start finds himself trailing behind […]
The post PM Candidate Sunak Has Become The Victim Of Boris’s Machinations first appeared on IPA Newspack.
By C.J. Atkins BERLIN: “It’s going to be a choice many of us will have to face when winter comes: freeze or starve.” So says Günter Pohl, a glassworker from the the town of Sprockhövel in Germany’s industrial Ruhr region. “The sanctions are supposedly targeting Russia, but they’re hitting us a lot more than they […]
The post Sanctioning Russia Leaves Germans A Bitter Choice This Winter first appeared on IPA Newspack.
By Ashis Biswas With Nepal disallowing the Indian Army’s proposal to recruit Gorkhas to join its new Agneepath scheme, India’s uneasy relations with its regional neighbours have surfaced again. Under the ruling Bharatiya Janata Party, often perceived as being ‘right wing’, India cannot apparently avoid its diplomatic missteps in dealing with its smaller neighbours. The […]
The post India-Nepal Relations Get A Jolt Over Agneepath Recruitment Of Gorkhas first appeared on IPA Newspack.
By Sankar Ray Pakistan is currently devastated by an unprecedented floods leading to the death of more than 1,000 persons till now. The struggling coalition of government of Shabaz Sharif is desperately trying to meet the challenge of this sudden natural calamity which has further given a jolt to its ailing economy. The poor workers […]
The post Pakistan Workers And Peasants Continue Battle For Better Livelihood first appeared on IPA Newspack.
Amid the ongoing war of words between them on allegations of corruption, AAP and BJP legislators held overnight protests on the Delhi Assembly premises on Monday. Hours after the Aam Aadmi Party (AAP) announced its night-long sit-in against the Lieutenant Governor, BJP MLAs also started an overnight dharna on the Assembly premises demanding the sacking […]
The post AAP overnight protest against L-G, BJP launches its own first appeared on IPA Newspack.
By Dr. Arun Mitra The war between Russia and Ukraine with an overt involvement of the NATO has killed thousands, pushed millions to refugee status and caused immense destruction of resources. Much in danger are the nuclear power plants in Ukraine which if damaged by intentional attack, accident, technology failure or cybercrime, would become potential […]
The post Any Limited Nuclear War Will Lead To Unprecedented Climate Crisis And Famine first appeared on IPA Newspack.
Delhi Chief Minister Arvind Kejriwal on Saturday claimed that the Centre did not have to impose GST on food items if the BJP had not spent a whopping Rs 6,300 crore on toppling governments of other parties in the country. Kejriwal’s remarks come a day after his called the BJP a “serial killer of state […]
The post Rs 6,300 cr spent by BJP for poaching MLAs, claims Kejriwal first appeared on IPA Newspack.
Sales Volume of Novus in Canada Soared by Nearly 60% Oil and By-product Trading Business in the PRC Affected by Lawsuits Financial Highlights: Overall revenue amounted to approx. HK$9.34 billion (1H2021: approx. HK$10.21 billion) The upstream oil and gas production business in Canada, Novus’s sales volume of oil and gas amounted to 322,754 barrel of equivalent, which represented an increase of 59.4% yoy; contributed income of approx. […]
Highlights Recorded revenue of HK$10,402.8 million, representing a growth of 111.1% YOY Recorded a profit of HK$214.9 million, the turnaround in the Group’s profitability was primarily attributable to the operating profits generated by NTEC, the Group’s wholly owned Canadian oil and gas subsidiary, and higher energy commodity prices during the period Earnings per share were HK2.45 cents Operates over 800 active wells in Canada with current average […]
PERFORMANCE HIGHLIGHTS The Group posted a consolidated revenue of approximately RMB196.1 million for the six months ended 30 June 2022, representing an increase of approximately 14.1% Gross profit increased by 9.9% to RMB86.4 million Net profit increased by 13.1% to approximately RMB49.9 million The increase in revenue was primarily driven by the surge in revenue generated from the sales of Vigour and Vitality Supplement Pill, Fever-removing and […]
The report explores the current state of the logistics industry and its impact on global trade and the supply chain BERLIN, GERMANY – Media OutReach – 24 August 2022 – Global Fintech MODIFI, today released its Global Supply Chain Disruptions: H2 2022 Prediction Report .In this report, Industry experts from around the world weigh in on their predictions for how supply chains will change and businesses must […]
Reserve Bank of India governor Shaktikanta Das has once again came down heavily upon cryptocurrencies, saying that the digital assets can create a lot of financial instability in terms of the ability of the central bank to determine monetary policy. Das’ comments came in sync with his and the RBI’s general views on cryptocurrencies, which has […]
The post RBI Governor reiterates concerns over cryptocurrency first appeared on IPA Newspack.
