By K Raveendran The ‘freeze’ ordered by Prime Minister Narendra Modi as a response to the outbreak of Covid pandemic had gone terribly wrong in terms of its timing. Millions of lives and livelihoods were lost as everything ground to a halt, a mistake for which the nation continues to pay a heavy price. Now […]
The post Two Lockdowns In Asia’s Two Biggest Countries Offer Many Lessons first appeared on IPA Newspack.
By Arun Kumar Shrivastav International Monetary Fund (IMF) on Tuesday asked Sri Lanka to tighten its monetary policy, increase taxes, and adopt flexible exchange rates. “The requirement for fund lending will be progress toward debt sustainability,” said Anne-Marie Gulde-Wolf, acting director of the IMF’s Asia and Pacific Department. “Monetary policy has to be tightened to […]
The post Sri Lanka and Pakistan Pin Their Hopes On IMF Bailout Package first appeared on IPA Newspack.
Matein Khalid The mini crash in crude oil in Asia was triggered by the rumour that China’s zero Covid policy means that Beijing will join Shanghai, the world’s largest port and the PRC’s financial capital, in a draconian lockdown that will gut demand for petroleum products in the world’s second largest oil importer. Brent has fallen almost $40 from its post-Ukraine invasion high and it’s evident that […]
By Nantoo Banerjee Indian consumers are reeling under high inflationary pressures. The costs of food, clothes, housing, transportation, medicine and healthcare have all gone up by 50 to 60 percent or even more since the middle of last year. The high fuel prices are impacting the prices of almost all commodities and services. The trend […]
The post Union Government’s Price Indexes Are Not Reliable first appeared on IPA Newspack.
HANOI, VIETNAM – Media OutReach – 25 April 2022 – VinFast has chosen B-EV Motors as its electric vehicle distributor representative in Israel. According to the agreement, B-EV Motors will only distribute VinFast products, and VinFast and B-EV Motors will be the first to introduce unprecedented policies to the Israeli market. VinFast VF 8 Israel’s goal of reaching 100% electric vehicles on its roads by 2030 and […]
By Dr B K Kango When India became independent in 1947, the debate was about the vision the country was going to have. The options that were to be followed were few. Struggle for socialism was an obvious and continuing factor, uniting with the non-monopoly section of the bourgeoisie. With the growing availability of developed […]
The post Indian Agriculture Facing Major Technological Challenges In Present Decade first appeared on IPA Newspack.
By K R Sudhaman Prime Minister Narendra Modi has done reasonably well in managing the Indian economy during the difficult two years of covid pandemic despite several challenges by ensuring food security to millions of people who became jobless. This has won accolades from World Bank and International Monetary Fund. But the major challenge is […]
The post Inflation Is The Major Challenge To The Reviving Indian Economy Now first appeared on IPA Newspack.
By K Raveendran It has been a hop from crisis to crisis, each more disruptive and destructive than the other. The pain and sufferings endured by people to change their demonetised notes in the wake of Modi’s midnight demonetisation were unprecedented. Another midnight move, the introduction of half-baked GST regime took the steam out of […]
The post India Manages Hop From Crisis To Crisis Relatively Well first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 19 April 2022 – Quantum Power Asia (“Quantum Power”), the developer of Indonesia’s first utility-scale solar photovoltaic (PV) plant, and German solar energy turnkey solutions provider, ib vogt, announced today a partnership to build US$5 billion solar generation and storage facility which can export up to 4TWh of renewable energy to Singapore annually. The project covering over more than 4,000 hectares in […]
By K Raveendran There is virtually a scramble for coal from non-Russian sources following a self-imposed ban by the European Union on coal imports from Putin’s sanctions-hit country. But as far as New Delhi is concerned, the opportunity will go abegging as India is by itself struggling to tie up enough supplies. The EU ban […]
The post India Has To Let Go Of Huge Coal Export Opportunity first appeared on IPA Newspack.
By Gyan Pathak March 2022 has given a clear indication of a deadly cocktail brewing in India with rising inflation, vanishing employment but falling unemployment rate, disappearing jobs from the non-agriculture sector, and the workforce losing jobs in non-agriculture sector returning to agriculture where unemployment is disguised under very low earning. In brief, the symptoms […]
The post Vanishing Employment Makes Deadly Cocktail With Rising Inflation first appeared on IPA Newspack.
Have you thought about investing in Texas? There are several reasons why many are choosing the Lonestar state for investment benefits. Read this guide on why Texas is the place to invest today! Home Values Check out this investment market in Austin. The Austin real estate market is booming right now with a growing population, increasing home values, and more. While real estate keeps increasing, you might be able […]
SINGAPORE – Media OutReach – 14 April 2022 – BingX is delighted to announce that it has teamed up with WOO Network, a safe haven network that helps exchanges resolve their liquidity issues by providing deep liquidity. This partnership with Woo Network enables BingX users to freely access WOO Network’s institutional liquidity solution, Wootrade. Wootrade has a rapidly growing list of assets with a peak daily trading […]
SINGAPORE – Media OutReach – 14 April 2022 – Last week, Justin purchased a highly symbolic NFT collection of 12 Digital Zodiac Heads that draws inspiration from the legendary Chinese Zodiac Animal Heads for a record price of USD1.55 million (RMB 9,832,500), which was auctioned by Metapoly XM, a brand under Poly Auction (Xiamen). Justin Sun, who got his history degree from the prestigious Peking University, and […]
By Dr. Gyan Pathak The erosion of about one per cent of value of rupee in the consumer market within a month was too great a shock for people to absorb. It was felt by everyone in March 2022, and the workers, senior citizens, women and children were among the hardest hit. The latest data […]
The post Inflation Eating Away Earnings And Wages Faster Than Expected first appeared on IPA Newspack.
By Dr Arun Mitra Healthcare today is faced with several challenges right from medical education, primary prevention of disease, delivery of healthcare, funding for healthcare, scientific inputs, drug pricing etc. In the ancient times promotion of good health was learnt through day-to-day experience, so developed the concept of developing resistance to diseases through healthy nutrition […]
The post India’s Healthcare Policy Needs A Paradigm Shift To Serve The Commoners first appeared on IPA Newspack.
By Arun Kumar Shrivastav On Tuesday, Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal announced that the country would default on international debt payments until it receives a $3 billion bailout package it has asked for from the IMF. Sri Lanka’s external borrowings amount to $51 billion and roughly half of them […]
The post There Are Many Lessons To Learn From Sri Lanka’s Economic Collapse first appeared on IPA Newspack.
By Sushil Kutty This time, Telangana Chief Minister K Chandrashekar Rao chose to travel to “national capital” Delhi. The last time it was to Mumbai, India’s commercial capital. Then, he sat with Maharashtra Chief Minister Uddhav Thackeray to plot the ouster of Prime Minister Narendra Modi come 2024. This time he doesn’t need another pair […]
The post Telangana Chief Minister Is Positioning Himself For National Role Before 2024 Polls first appeared on IPA Newspack.
By Nantoo Banerjee Russian Foreign Minister Sergei Lavrov’s offer to India to consider a rupee-ruble mechanism to settle trade in goods between the two countries to avoid sanctions imposed by the US-led NATO comes at a time when the Indian economy is reeling under high prices of oil putting the country’s energy security at risk. […]
The post India’s Energy Security Can Not Be Compromised first appeared on IPA Newspack.
By Anjan Roy The Reserve Bank of India sees the prospects of higher inflation in the current year against the background of a volatile global economic situation. The RBI believes India will experience an inflation rate of close to 6% against 4.5% during the current fiscal year. RBI governor, Shakikanta Das, gave an assessment of […]
The post RBI Is Taking Higher Inflationary Pressures On Indian Economy Seriously first appeared on IPA Newspack.
By Dr. Gyan Pathak From April 1, 2022, the majority of drugs have become costlier, and the poor patients are doomed to suffer, which is being termed as the highest ever price hike in the country. Even the drugs under price control mechanism many seem no more affordable for the majority of the common people, […]
The post Many Drugs Under Price Control No More Affordable For Majority first appeared on IPA Newspack.
By Dr Soma Marla For the last two weeks prices on Petrol, diesel and cooking gas are increased twelve times. A litre of petrol costs Rs. 118.4 in Mumbai and diesel Rs 105 in Chittor. Rise in fuel prices has a cascading effect not just on transport but on sectors of economy too. Consequently with […]
The post Hike In Fuel Prices Have Led To Steep Rise In Costs Of Essential Items first appeared on IPA Newspack.
By Anjan Roy The clawing back to the exchange rate of the Russian rouble to the US dollar in the recent days is not too much of a mystery. It is simply because there is no demand for the US green back from the holders of the Russian rouble. Simply speaking, the Russians are not […]
The post The Mystery Behind Russian Rouble Reverting Back To Pre-Ukraine War Level first appeared on IPA Newspack.
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has completed its integration of MetaTrader 4 (MT4), the gold standard for forex (FX) and contract for differences (CFD) trading. Widely popular among retail traders, MT4 offers advanced technical analysis, a flexible trading system, and algorithmic trading tools. Developed by MetaQuotes, MT4’s functionalities on Bybit will […]
