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India will not conclude the India-UK Free Trade Agreement (FTA) talks in haste under the pressure of forthcoming general elections, as negotiations for a favourable outcome can continue even after the new government comes in, a senior official has said. “India will not do anything under pressure. We are not affected by elections. We will […]

The post No Pressure To Conclude India-UK FTA Talks Due To Forthcoming Elections, Says Source first appeared on Latest India news, analysis and reports on IPA Newspack.

BENGALURU: The market size of the Indian enterprise fintech sector is projected to reach $20 billion, according to a report by venture capital firm Chiratae Ventures and finance consultancy Digital Fifth. The market size of the enterprise fintech sector was reported to be at $2.7 billion in 2022. The BFSI industry is rapidly transforming, driven […]

The post Indian Enterprise Fintech Sector May Reach $20 Billion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Fast-moving consumer goods (FMCG) companies have reported single-digit volume growth with improved margins in most segments during December quarter, helped by moderating commodity inflation, though operating environment remained challenging. “Some of the companies also reported a decline in their topline numbers, as they extended the benefits of softening commodity prices to the consumer […]

The post FMCG Firms Report Single Digit Growth With Better Margin In Q3 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee It is difficult to believe in the 21st century that some small groups of Yemeni Houthi pirates on the Red Sea can bring a $1-trillion-plus annual global trade using the sea route almost to a halt, forcing shipowners and shippers divert the trade through a several times longer route via the Cape […]

The post Houthi Pirates Bring Global Trade Through Red Sea To A Near Halt first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Shares of Reliance Industries were in heavy demand on Friday, climbing over 2 per cent, adding Rs 41,860.54 crore to its market valuation. The stock of the country’s most valued firm went up 2.18 per cent to settle at Rs 2,914.75 on the BSE. During the day, shares of the company jumped 3.40 […]

The post Reliance Industries Shares Climb All Time High first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Reduction in the total allocations for Union Ministry of Labour and Employment and also workers’ social security in the Interim Union Budget 2024-25 has revealed PM Narendra Modi government’s anti-labour stance, an allegation that has been labelled by the joint platform of Central Trade Unions (CTUs) since the passage of four […]

The post Interim Union Budget 2024-25 Reveals Modi Governments Anti-Labour Stance first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark equity indices were on fire on Friday, with the Nifty hitting its all-time high level, tracking a rally in global markets along with buying in Reliance Industries, Infosys and ICICI Bank. A day after the presentation of interim budget, the Nifty jumped 429.35 points to reach its lifetime peak of 22,126.80. The 30-share […]

The post Nifty hits all-time high level; Sensex jumps over 1,400 points first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna The interim Budget 2024 has not made mention of any measure or recommendation to address the very serious bottleneck that has been gripping India’s maritime trade for weeks now—the Red Sea crisis! This crisis is also known as the United States-Iran proxy war that began on October 19, 2023, when the Houthis […]

The post 2024-25 Budget Is Silent On India’s Maritime Preparedness To Deal With Red Sea Crisis first appeared on Latest India news, analysis and reports on IPA Newspack.

With an ambitious goal of becoming a $5-trillion economy, India is at the crossroads of massive transformation. The Government of India’s visionary Viksit Bharat@2047 initiative augers well for the nation that could not be more ready to become a developed powerhouse by the centenary of India’s independence. The Interim Budget 2024 is aligned with the […]

The post Interim Budget: Focus On Infrastructure Growth Sets Stage For Viksit Bharat first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Interim Union Budget 2024-25 for railways neither generated much hope for betterment of railways operations nor services to its commuters, though Union Finance Minister Nirmala Sitharaman has announced three major economic railway corridor programmes to be implemented, and 40,000 normal bogies to be converted to the Vande Bharat standard. The budget […]

The post Interim Budget 2024-25 Does Not Generate Much Hope For Railways first appeared on Latest India news, analysis and reports on IPA Newspack.

Dubai Chamber of Digital Economy recently finalized a pivotal collaboration, solidifying ties with Enterprise Ireland. The agreement, designed to foster mutually beneficial initiatives, was officially formalized during a signing ceremony held at the Dubai Chamber headquarters.

Under the terms of the agreement, both entities commit to leveraging their respective strengths to promote innovation, trade, and economic growth. The collaboration aims to provide a platform for businesses in the digital economy sector, facilitating networking opportunities and fostering the exchange of knowledge and expertise.

The Dubai Chamber of Digital Economy, spearheading the emirate’s drive towards a technology-driven future, sees this partnership as a strategic move to enhance its global standing in the digital arena. The collaboration with Enterprise Ireland, known for its expertise in supporting Irish enterprises on the international stage, aligns with Dubai’s ambition to become a leading hub for digital innovation and entrepreneurship.

H.E. [Key Figure], [Title], Dubai Chamber of Digital Economy, expressed optimism about the collaboration, highlighting the potential for knowledge-sharing and collaborative projects between businesses in the two regions. The partnership is expected to open avenues for joint initiatives, research, and development, promoting the growth of digital enterprises in both Dubai and Ireland.

Enterprise Ireland, the government organization responsible for developing and supporting Irish businesses in the global market, views this collaboration as an opportunity to strengthen economic ties with the UAE. The strategic partnership will enable Irish companies to explore new markets and leverage the thriving digital ecosystem in Dubai.

Industry experts predict that this collaboration will have a positive impact on the digital economy of both regions, facilitating innovation and creating opportunities for businesses to expand their global footprint. The partnership is seen as a testament to the commitment of both Dubai and Ireland to fostering a conducive environment for digital businesses to thrive.

The signing ceremony was attended by key representatives from both entities, emphasizing the significance of the partnership in the presence of notable figures from the business and diplomatic communities. The Dubai Chamber of Digital Economy and Enterprise Ireland are now poised to embark on a collaborative journey, unlocking new possibilities for the digital landscape in the UAE and Ireland.

Dubai’s pivotal economic hub, the World Trade Centre, is set to host a series of dynamic events in February 2024, focusing on Healthcare, Food and Beverage, and Real Estate. The multifaceted calendar promises a diverse range of activities, underscoring the centre’s commitment to fostering collaboration and innovation in these crucial sectors.

Kicking off the month, the Healthcare segment will take center stage, featuring conferences and forums addressing the latest advancements in medical technology, healthcare management, and global health challenges. Industry leaders, healthcare professionals, and policymakers are anticipated to converge at this prominent venue, fostering discussions on cutting-edge solutions and strategies.

Following the Healthcare focus, the calendar seamlessly transitions into the Food and Beverage domain. Renowned chefs, food industry experts, and enthusiasts will converge to explore emerging trends, sustainable practices, and technological innovations shaping the culinary landscape. This culinary rendezvous aims to not only celebrate gastronomic excellence but also provide a platform for networking and business opportunities within the industry.

In the latter part of the month, the Real Estate sector will take the spotlight at the World Trade Centre. The events will encompass conferences, seminars, and exhibitions addressing key aspects of the real estate landscape, including market trends, investment opportunities, and sustainable development practices. Industry stakeholders, investors, and professionals will converge to gain insights into the evolving dynamics of the real estate market.

These events at the Dubai World Trade Centre are strategically aligned with the emirate’s vision for economic diversification and innovation. By bringing together experts and stakeholders from Healthcare, Food and Beverage, and Real Estate, the centre aims to facilitate knowledge exchange, collaboration, and business development opportunities.

Notable figures from each sector are expected to grace these events, providing valuable perspectives and contributing to the robust discussions. The convergence of influential voices and industry players at the Dubai World Trade Centre’s events in February 2024 solidifies the centre’s position as a global nexus for knowledge-sharing and business advancement across key sectors.

NSE Nifty was up by 0.03 per cent or 5.95 points to 21,731.65 points, while the BSE Sensex was at 71,806.44 up by 0.04 per cent or six points. A total of 3,820 stocks were actively traded, 1,722 advanced, while 1,962 declined and 136 stocks remained unchanged where 397 stocks hit a 52 week high […]

The post Markets Show Resilience Post-Budget; Mixed Sectoral Performance first appeared on Latest India news, analysis and reports on IPA Newspack.

Steel makers expect continued focus on the infrastructure spending, push to domestic manufacturing, and measures to check rising imports in the upcoming interim Budget. In the 2023-24 Budget, Union Finance Minister Nirmala Sitharaman announced a capex of Rs 10 lakh crore for infrastructure development. “The government should continue the focus on increasing the spend on […]

The post Steel Makers Expect Continued Focus On Infra Spend, Import-Checking Measures first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India has sought investment commitments from Switzerland under the proposed free trade agreement with the four-nation EFTA bloc, a top government official said on Tuesday. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The official also said negotiations for the pact are at an advanced stage and both […]

The post India Seeks Investments From Switzerland first appeared on Latest India news, analysis and reports on IPA Newspack.

By Ashis Biswas In recent weeks, Nepal has taken several major steps to firm up its faltering economy during the difficult post Ukraine war period. In the process, two of its recent decisions in terms of their diplomatic impact, can be perceived as a reminder to giant neighbours India and China, that Kathmandu prefers to […]

The post Nepal Balancing Well Its Economic Relations Between China And India first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Indian economy is likely to achieve a growth rate of 7% in fiscal year 2025 after growing at or above 7% in 2023-24, driven by resilient domestic demand despite risks and uncertainties in the global economic landscape, according to a review of the economy unveiled on Monday. It also said India can […]

The post India Can Aspire To Be $7 Trillion Economy By 2030: Review first appeared on Latest India news, analysis and reports on IPA Newspack.