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MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]

The post RBI Likely To Stay With Interest Rate Pause first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Direct tax receipts will likely show a robust performance for the third year in a row post-pandemic, giving enough space to the Centre to keep the fiscal deficit within the targeted limit. This is despite additional spending expected on food, fertiliser and job guarantee programmes, and a lower than expected growth in nominal […]

The post Gross Direct Tax May Surpass Budget By Over Rs 1 Trillion first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Indian Oil Corporation (IOC), the nation’s top oil firm, has revised the estimates of cost of expanding the Panipat refinery in Haryana by 10 per cent to Rs 36,225 crore and pushed back completion deadline by more than a year to December 2025. IOC is expanding its 15 million tonnes a year refinery, […]

The post Indian Oil Corporation Raises Panipat Refinery Expansion Cost 10%, Pushes Deadline By A Year first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]

The post India Needs A Strong Resolution To Protect Its Currency first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach – 4 December 2023 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce its inclusion in the FTSE Global Equity Index Series (GEIS), of them four indices are FTSE All World Index, FTSE Global All Cap Index, […]

Arabian Post Staff Dubai International Financial Centre (DIFC) announced the launch of its Sustainable Finance Catalyst to mark COP28’s Finance Day. DIFC’s Sustainable Finance Catalyst, which will be part of COP28’s legacy, aims to unlock opportunities and create impact beyond the conference. Building on DIFC’s position as the first global sustainable finance hub in MEASA, DIFC’s Sustainable Finance Catalyst will help scale sustainable finance flows from Dubai […]

HANOI, VIETNAM – Media OutReach – 30 November 2023 – A recent publication in the Scientific Reports – Nature journal has once again highlighted the clinical trials of LiveSpo Navax spore probiotic spray. These trials focus on its effectiveness against respiratory tract inflammation from the influenza virus. This news marks a significant milestone for the Vietnamese medical sector, especially in setting a trend in global research and […]

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Matein Khalid It is no coincidence that the yield on the 10 year US Treasury note plunged 60 basis points to its current 4.34% and the US Dollar index slumped to 103.40 as successive benign October inflation data and dovish central banker comments has led to a pivot in Wall Street interest rate expectations, with the consensus now projecting two rate cuts at the March and May 2024 FOMC […]

By K Raveendran The renewed escalation of the Israel-Palestine conflict is providing additional impetus for gold to climb higher levels. The yellow metal has already been trending higher over the past two months, but the end of truce between Hamas and Israeli forces, unleashing new bomb attacks and destruction of lives and properties, particularly on […]

The post Resumption Of Gaza Fighting Adds To Gold’s Impetus To Rise, Hitting Record Levels first appeared on Latest India news, analysis and reports on IPA Newspack.

Customers can deploy pre-selected AWS services and Trend software within minutes HONG KONG SAR – Media OutReach – 1 December 2023 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, a global cybersecurity leader, today announced it has achieved the Amazon Web Services (AWS) Built-in Competency in the Security and Cloud Operations category. This designation recognizes Trend as an AWS Partner that provides customers […]

MUMBAI: The attrition at private banks has been high in recent years as the workload of employees has increased. Additionally, intense competition from fintechs and new-age lenders has also led to poaching of employees, said experts. At a recent public event, Reserve Bank of India (RBI) Governor Shaktikanta Das noted that the attrition at private […]

The post High Attrition Keeps Private Banks On Their Toes first appeared on Latest India news, analysis and reports on IPA Newspack.

Real Estate Crowdfunding Real estate crowdfunding is a new way to invest in real estate. It’s an alternative to traditional investing, such as investing in REITs or purchasing a property directly. With real estate crowdfunding, you can pool your money with other investors and invest in a property. You can also invest in a portfolio of properties, known as a “fund.” Real estate crowdfunding has many benefits. […]

MUMBAI: Banks’ non-food credit grew nearly 20% year-on-year (YoY) in October, compared with an 18.3% growth during the same period last year, Reserve Bank of India (RBI)’s sectoral credit deployment data showed on Thursday. Excluding the impact of the HDFC merger, banks’ non-food credit grew 15.3%. In absolute terms, banks’ outstanding credit stood at Rs […]

The post Banks’ Non-Food Credit Grows 20% In October first appeared on Latest India news, analysis and reports on IPA Newspack.

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth would slow to 2.7% in 2024 from an expected 2.9% pace this year. That […]

The post World Economy Will Slow In 2024 Because Of Inflation, High Rates, War: OECD first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Corporate bond issuances rebounded in November following a decline in October as the market gained certainty after the US Federal Reserve adopted a dovish stance, according to market participants. In October, fundraising through corporate bonds experienced a 40 per cent drop, primarily driven by an increase in the cost of borrowing. Estimates suggest that […]

The post Corporate Bond Issuances Rebound In November As Market Gains Stability first appeared on Latest India news, analysis and reports on IPA Newspack.

SaaS model replaces 28 legacy systems delivering business-critical applications AUCKLAND, NEW ZEALAND – Media OutReach – 30 November 2023 – Infor®, the industry cloud company, today announced that Waikato Regional Council has completed its implementation of Infor CloudSuite Public Sector, delivering on its vision for a single, integrated smart platform that will have positive outcomes for all stakeholders and, in the long term, the community. Building exterior […]

NEW DELHI: India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled ‘China Slows India Grows’, S&P said it expects Asia-Pacific’s growth engine to shift from China to South and Southeast Asia. “We project China’s GDP […]

The post ‘China Slows, India Grows’: S&P Pegs 7% Growth For India By 2026 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Ashis Biswas In dramatic contrast to the frenzied anti-India celebrations in Bangladesh following India’s loss to Australia in the one-day cricket final at Ahmedabad on November 19,, people in Pakistan have reacted far more soberly: in the lively Pakistani social media , there have been some expressions of sympathy for India’s hard loss, unlike […]

The post Bangladesh Social Media Celebrated India’s Defeat To Australia In World Cup Final first appeared on Latest India news, analysis and reports on IPA Newspack.

The Supreme Court on Tuesday sought a response from TDP chief N Chandrababu Naidu on a plea by the Andhra Pradesh government against a high court order granting regular bail to him in the skill development corporation scam case. A bench of justices Bela M Trivedi and SC Sharma issued notice to Naidu and directed […]

The post SC notice to Naidu in skill development scam case first appeared on Latest India news, analysis and reports on IPA Newspack.

Security teams proactively eliminate threats with new automated risk prioritization HONG KONG SAR – Media OutReach – 29 November 2023 – Global cloud security leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) has announced the addition of cloud risk management to its flagship cybersecurity platform. The new service drives business value by enabling organizations to consolidate their cybersecurity efforts and achieve a complete view of cloud security […]

Rescuers have pulled out all 41 workers trapped for 17 days inside a collapsed Uttarakhand tunnel after rat miners drilled through the debris, triggering jubilation. The focus will now be on what led to the collapse and why the rescue took so long. The 41 workers were pulled out yesterday after a 17-day rescue operation […]

The post Focus shifts to cause of Uttarakhand tunnel collapse first appeared on Latest India news, analysis and reports on IPA Newspack.

Only 37% of manufacturing companies surveyed have implemented sustainability initiatives; this is slated to double within one to three years. 10 skill sets identified to further sustainability transformation; accountancy and finance professionals well-positioned to upskill in these areas. ISCA launches ISCA Sustainability and Sustainability Assurance Professional certifications to plug gaps in sustainability skillsets Accountancy and finance professionals have important roles to play in the sustainability transformation of […]

A Delhi court has allowed Karnataka deputy chief minister D K Shivakumar, accused in a money laundering case, to travel abroad. Special Judge Vikas Dhull allowed Congress member Shivakumar to travel to Dubai from November 29 to December 3 on an application moved by him. The application claimed that he was invited by His Excellency […]

The post Shivakumar gets court clearance for foreign trip first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy China’s is staring in the face of a possible financial sector crisis, with its largest privately owned non-banking financial company unable to meet its obligations. Zhongzhi financial company, having widespread exposure to China’s real estate sector, has failed to honour its obligations to its investors and defaulted. As such, the bankruptcy of […]

The post China’s Largest Private NBFC Zhongzhi Fails Leading To Crisis In Financial Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

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