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NEW DELHI: India’s crude oil imports from Saudi Arabia may pick up modesty after the kingdom cut the official selling price of its key export grade for February, but the demand for discounted Russian Urals is still seen surpassing that for the oil from Saudi Aramco. Analysts feel any lartge additional buying of Saudi crude […]

The post Saudi Price Cuts Unlikely To Dent Indian Demand For Urals first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: The global leadership is convinced that Prime Minister Narendra Modi will return to office after this year’s elections and is looking for the continuity of policy and social sector reforms put in place by him, Union Minister Smriti Irani said on Wednesday. In an interview to PTI at the World Economic Forum Annual Meeting […]

The post Global Leadership Also Convinced Of PM Modi’s Return To Office: Smriti Irani first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Consumer price index-based inflation, the main yardstick for the Reserve Bank of India’s policy making, is likely to average 4.5 per cent in the next financial year and gross domestic product (GDP) growth is likely to stay above 7 per cent, Governor Shaktikanta Das said on Wednesday. “At this stage, our expectation is that […]

The post CPI Inflation To Average 4.5% In Fy25, Growth To Top 7%: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The domestic insurance sector is on course to log in over 7 per cent annual growth over the next decade and the premium income is likely to double to around USD 450 billion by financial year 2033-34, an industry report said on Tuesday. The total premium income will more than double over the next […]

The post Insurance Sector Premium Income To Double By FY34 To Around $450 Billion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By M A Hossain In the year 2023, Pakistan found itself grappling with an unprecedented surge in terrorist incidents. The Taliban’s triumph in Afghanistan has catalyzed the surge, which in turn emboldened and strengthened the Tehreek-e-Taliban Pakistan (TTP). Over the past two years, the TTP underwent a transformative series of mergers, centralizing its organizational framework […]

The post Historical Perspective And Contemporary Dynamics Of Extremism In Pakistan first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) governor, Shaktikanta Das, said on Tuesday that retail inflation is slowly moderating and is steadily moving towards the target of 4 per cent. During a fireside chat at the World Economic Forum in Davos, Das stated that core inflation has started to move down, which gives confidence that […]

The post Inflation Moderating, Steadily Moving Towards 4% Target: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A significant majority of Indian chief executive officers (CEOs) are of the opinion that the Indian economy will witness improvement over the next 12 months, as the country reclaimed its fifth position as an investment destination, according to a survey. According to PwC’s 27th Annual Global CEO Survey, 86% of Indian CEOs express […]

The post Indian CEOs Optimistic About Country’s Economic Growth: Survey first appeared on Latest India news, analysis and reports on IPA Newspack.

Fitch has affirmed India’s sovereign rating at ‘BBB-’ with a stable outlook citing a robust medium-term growth outlook and sound external finances. The agency, however, flagged the country’s weak public finances as the “largest constraint” to the rating. The rating agency revised its growth projection for FY24 to 6.9% from the 6% forecast earlier. Fitch […]

The post Fitch Affirms India Rating At ‘BBB-’ With Stable Outlook first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government will take a decision after September on the existing import management system on certain IT hardware products such as laptops and tablets after evaluating the import data, which it is monitoring, an official said. In October last year, India put in place an import management system under which importers of these […]

The post Post September Decision On Import Management System For Laptops, Tablets After Evaluating Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The pharma industry has sought fiscal incentives to promote research and development (R&D) in the sector, as it is likely to reach USD 400-450 billion market size by 2047. In a statement, Indian Pharmaceutical Alliance Secretary General Sudarshan Jain said there is a high risk, long gestation period and low success rate in […]

The post Pharma Industry Seeks Incentives For R&D, Conducive Policies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) has made two significant back-to-back natural gas discoveries in a Mahanadi basin deepwater block in the Bay of Bengal as its calculated game plan of venturing into high-risk deep water exploration starts yielding results. The firm made the discoveries in the block MN-DWHP-2018/1, which it had […]

The post ONGC Makes Back To Back Gas Discoveries In Mahanadi Basin Block first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route. In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, […]

The post Bids For Rs 31,000-Crore Highway Projects Called Under BOT Model first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Shipping rates have already gone up by more than three times in a week after the January 9 attack by Houthis on the Red Sea. But supply chain professionals are warning that the rates are going to further shoot up in the coming weeks. This is bad news for India’s export-import trade, […]

The post No Relief For Export-Import Trade As Shipping Costs Expected To Further Shoot Up first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The commerce ministry has called a high-level inter-ministerial meet next week to discuss ways to insulate India’s trade from the ongoing problems in the Red Sea, a senior official said on Thursday. Senior officials from five ministries — external affairs, defence, shipping and finance and commerce — will participate in the deliberations. The […]

The post Inter Ministerial Meet To Discuss Ways To Insulate India Trade From Red Sea Crisis first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s industries are counting on the government to target larger capex outlay of atleast ₹12-lakh crore in the upcoming interim Budget (2024-25) to support higher GDP growth in a year when global economic slowdown in expected to be pronounced. This comes even as the private sector’s side of investment push has not been exuberant in […]

The post Private Sector Urges Massive Capex Booster Dose In Interim Budget As Well first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Economics and culture could be mixed but certainly not the politics. It could be either centrist, liberal or rightist, but definitely not mixed. Ever since its birth in 1885, Congress has been a congregation of all shades of people, from rightists, centrists to leftists, but it steadfastly pursued the secular tenets. Nevertheless, […]

The post Who Are BJP And RSS To Ask The Congress For Loyalty Test On Hindutva? first appeared on Latest India news, analysis and reports on IPA Newspack.

The political war of words continues over invitations to the pran pratishtha of Ram Lalla’s idol after the Congress said it will not be attending the inauguration of the Ayodhya temple on January 22. Analysts are saying the grand old party may have committed a blunder going into the Lok Sabha elections. But, some others […]

The post Advani to finally make it to Ayodhya first appeared on Latest India news, analysis and reports on IPA Newspack.