By Binoy Viswam The BJP government was enthusiastic to adorn the 75th year of independence with a high sounding name. Because of that, the people every day read and hear the term ‘Amritvarsh.’ The word suggests a year in which life would be victorious over death. As it happens with every ceremonious name coined by […]
The post Inflationary Pressure Is At Its Peak In India In ‘Amritvarsh’ Year first appeared on IPA Newspack.
By Anjan Roy For people life begins at forty. For the Indian rupee, life is beginning to be exciting at 80. The Indian rupee crossed the psychological barrier of 80 to a US dollar on Tuesday in trading on foreign exchange markets. On Wednesday, it recovered a wee bit. Now, it is becoming exciting to […]
The post Rupee Touching Rs. 80 Per US$ Is On Line With Global Developments first appeared on IPA Newspack.
By K Raveendran Amidst global supply chain disruptions and the attendant cost escalations, there is some encouraging news for India’s merchandise trade. Oversupply of containers is forcing a correction in the second-hand container market prices in the wake of average container prices and leasing rates declining globally since October 2021. The current situation of oversupply […]
The post Falling Global Freight Rates Bring Respite To India’s Foreign Trade first appeared on IPA Newspack.
By K R Sudhaman Prime Minister Narendra Modi said recently that India is the fastest growing economy at the moment. Statistics wise it may be true as other countries are doing badly. But the question to be asked is India’s growth story a myth or reality? On the face of it Indian economy may look […]
The post Sri Lanka’s Economic Collapse Has Big Lessons For Indian Policy Makers first appeared on IPA Newspack.
7-Eleven is teaming up for the first time ever with the popular Hong Kong illustrator Plastic Thing to exclusively launch a series of four limited-edition ‘FAT-TASTIC Glass Mug Sets’ HONG KONG SAR – Media OutReach – 20 July 2022 – 7-Eleven has always supported homegrown creative talent! This summer, 7-Eleven is collaborating for the first time with popular Hong Kong illustrator and creator of Plastic Thing Ip […]
By Ashis Biswas Nepal and Bangladesh are feeling the negative impact of the uncertainties plaguing power generation and related operations in India, in the wake of the Ukraine war. Neither Nepal, nor Bangladesh can expect much relief from long power cuts until more supplies can be sourced from India later this year. For the present, […]
The post Bangladesh And Nepal Badly Hit By Power Shortages, Seeking Help From India first appeared on IPA Newspack.
By Sankar Ray A clear win in 15 out of 20 seats in the bye-elections to Punjab provincial assembly by the Pakistan Tehreek-e-Insaf has unnerved the 13-party ruling Pakistan Democratic Movement.It indicates that the Pakistan Muslim League-Nawaz is not at all formidable in its home turf. It was thrashing late swinger by the former Pakistan […]
The post Imran Khan’s PTI’s Massive Win In Bypolls Is A Big Jolt To Pak Ruling Coalition first appeared on IPA Newspack.
Matein Khalid Brent’s rise to $103 is entirely rational on short covering, the Friday rally in risk assets and the absence of any firm commitment by Saudi Arabia, Kuwait and UAE, to boost output during President Biden’s state visit to the kingdom. Apparently, the Jerusalem Declaration and fist pump diplomacy have not been sufficient to reset relations between the Biden White House and MBS. This rally is […]
By Subrata Maumder Pan India outrage is reaching its peak with the soaring inflation and government inability to control it. Angers were hurled against the government failure to rein in the oil products price hike and its impact on inflation. Inflation (measured by Consumer Price Index) increased by 6.34 percent in 2021-22 as compared to […]
The post Food Items Increase, Not Petro Products Hike Contribute More To Inflation first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 15 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2022 2nd quarter review of the ixCrypto Index (“IXCI”) with results of the constituent review and exchange review as follows: Constituent Review The number of constituent cryptos will be increased from the current 19 to 29 constituents: Additions Ethereum Classic Elrond EOS Filecoin Flow Klaytn […]
By Arun Kumar Shrivastav India is making news of rains and floods. It seems the entire country from Kerala to the North-East and from Kashmir to Gujarat, India is wet and inundated. Visuals of the roaring flow of rivers and inundated farm and city areas have swarmed social media platforms. Neighbouring countries Pakistan and Bangladesh […]
The post Floods, Farming, And Feni – Indian Monsoon Is Finally Here first appeared on IPA Newspack.
Matein Khalid My strategy recommendation to my friends was to short Brent crude at or above $120 for the $65 target I got from the world’s pre-eminent oil economist/OPEC watcher Ed Morse. The short Brent idea has been a money gusher now that Brent has plunged 7% in today’s session to 99 as I write. The fall in oil prices was inevitable. King Dollar is at 20 […]
By K Raveendran The rupee hitting new lows has become a monotonous regularity. The currency has fallen in the relentless climb by dollar, subjugated any resistance offered by other currencies, including the euro, which has fallen to its 20-year low, fast approaching the highly embarrassing parity in the wake of a crippling energy crisis brought […]
The post Rupee Slide Far From Over, More Ground Left To Cover first appeared on IPA Newspack.
By Dr. Gyan Pathak India is entering into a major cost of living crisis due to multiple domestic and international crises, which included soaring food and energy prices, rising poverty, joblessness, endangered food security, disincentive to farmers growing food articles, and lopsided policy interventions. The way the government is responding to the issues lack holistic […]
The post Soaring Food And Energy Prices Accentuate Cost Of Living Crisis first appeared on IPA Newspack.
By Mohan V Katarki An unprecedented political crisis has arisen in Sri Lanka, leading to the breakdown of constitutional governance. Unorganised angry protesters, who are deeply affected by economic meltdown, have forced two Prime Ministers Mahinda Rajapaksa and his successor Ranil Wickremesinghe to resign, and have driven out the executive President Gotabaya Rajapaksa to high […]
The post Breakdown Of Constitutional Governance In Sri Lanka – What Is The Way Ahead? first appeared on IPA Newspack.
By Dr. Gyan Pathak Most of the experts feel that pushing Gig and Platform Economy, in place of formal sector, would further deteriorate working conditions and throw the workforce into exploitative conditions, and therefore, NITI Aayog had to furnish a difficult task to portray worker perspective seemingly so rosy that could soften stiff resistance of […]
The post Pushing Gig And Platform Economy To Harm Indian Labour first appeared on IPA Newspack.
By K Raveendran It was an open secret that the oil companies have been minting money on account of the rising crude prices, although they have been dishing out doctored numbers to show losses. Now that the government has decided to enforce a windfall tax on the companies for the undue profits that have accrued […]
The post Windfall Tax Lets The Cat Out Of The Bag Of Petroleum Companies first appeared on IPA Newspack.
By Harihar Swarup The impact of the ongoing Russia—Ukraine war on energy and commodity prices has caused great global economic turmoil. Some countries are facing food shortage and all oil-importing countries have been adversely affected. The invasion has come at an unfortunate time for India. Just when we all dealt with our double balance sheet […]
The post Indian Policy Makers Facing Big Test In Dealing With Inflation In Current Fiscal first appeared on IPA Newspack.
Bringing the Best of Amazon Japan to Singapore Customers, ahead of Prime Day Customers can now shop millions of products from Amazon Japan on Amazon.sg and enjoy extensive selection, great prices, and free* international delivery to their doorstep SINGAPORE – Media OutReach – 7 July 2022 – Amazon today announced the availability of increased selection from Amazon Japan on Amazon.sg, allowing customers in Singapore to shop an […]
By Satyaki Chakraborty The Ukraine war entered its 134th day on July 7 giving no signs of ending. In the initial days, there were some efforts for active negotiations but since then, it has been converted into an open confrontation between Russia and Ukraine backed by the USA and NATO. Sanctions against Russia by the […]
The post US Forces Are Involved In At Least 23 Proxy Wars Across The World first appeared on IPA Newspack.
By D. Imran Khalid Indubitably, Pakistan is nowadays passing through one of the most turbulent periods in its recent history. On the surface, it is a serious political turmoil. But, intrinsically, it is an amalgamation of financial and political tribulations which are dragging the country into the slough of uncertainty. The whole saga started in […]
The post Pakistan Has Landed In An Unprcedented Eco-Political Crisis first appeared on IPA Newspack.
By Anjan Roy Renowned US based bank, J.P. Morgan, has observed that oil prices could top $380 per barrel in a short time. The bank made its prediction on the basis of trends in the oil markets and supplies from major producers. The current geo-politics, in which Russia faces extensive sanctions from America and its […]
The post Further Steep Rise In Energy Prices Looms Large As Ukraine War Continues first appeared on IPA Newspack.
Imran Khalid Indubitably, Pakistan is nowadays passing through one of the most turbulent periods in its recent history. On the surface, it is a serious political turmoil. But, intrinsically, it is an amalgamation of financial and political tribulations which are dragging the country into the slough of uncertainty. The whole saga started in mid-March this year, when the Opposition submitted the no-confidence motion against former Prime Minister […]
By Nantoo Banerjee It is good to see that a host of large Indian business houses and public sector enterprises have rapidly stepped up imports from Russia taking full advantage of hefty price discounts offered by Russian suppliers on a host of goods in the face of multiple trade sanctions from the NATO countries, European […]
The post Top Indian Business Houses, PSUs Push Up Imports From Russia first appeared on IPA Newspack.
