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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 Centre, state governments and industry representatives will meet on January 16 to discuss ways to boost the country’s exports, an official said. Issues which are expected to figure in the meeting include rupee payment challenges, need of global shipping, and challenges being faced by traders on account of the Red Sea crisis, […]

The post Centre, State, Exporters To Discuss Ways To Boost Exports first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices. Merchandise exports during the month grew 0.97 per cent over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year, showed data released […]

The post Trade Deficit Falls To Three-Month Low Of $19.8 Billion In December first appeared on Latest India news, analysis and reports on IPA Newspack.

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 16 January 2024 – TUMI, the leading international travel, lifestyle and accessories brand, is excited to announce the opening of its new store at Saigon Central Post Office, Vietnam – an iconic landmark with cultural and historical significance in Ho Chi Minh City. The expansive space covers 1,163 sq. ft. and is designed to provide a luxurious […]

The traditional 60/40 investment portfolio, a stalwart for investors seeking a balanced blend of stocks and bonds, has proven its resilience for decades. However, in the shifting landscape of 2024, where long-standing market trends face transformation, investors are prompted to re-evaluate and revise the traditional approach for maximizing returns. While rumours of the demise of the 60/40 portfolio may be overstated, strategic adjustments are necessary to navigate […]

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 government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the commerce ministry arm Directorate General of Foreign Trade (DGFT) has said only the import of laptops, tablets, all-in-one personal computers, ultra small form factor computers […]

The post No Import Restrictions On Certain IT Products: DGFT first appeared on Latest India news, analysis and reports on IPA Newspack.

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NEW DELHI: Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for Remission of Duties and Taxes on Exported Products (RoDTEP), attempting to build a verification system for the refunds. The two cases are seen to be due to the fault of the exporter, who […]

The post Government Looks At More Secure New Duty Refund Plan For Exporters first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The new year’s best news for India, is that the Saudi Arabia-led Organisation of Petroleum Exporting Countries (OPEC) is fast losing its grip on the market with a number of countries willing to offer prices even lower than those fixed for Russian crude. Saudi Arabia itself has cut down crude oil prices […]

The post Lower Global Oil Demand And Price Will Benefit India In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The World Economic Forum (WEF), the organization of big global CEO’s and neo liberal think tanks has expressed its concern at the impact of the use of Artificial Intelligence (AI) indiscriminately in the industries of the countries, both developed and developing. The random use of the latest human intelligence technology will be […]

The post Artificial Intelligence Has To Be Adapted Selectively To Protect Jobs first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Electronics exports from India to the US jumped over two-fold year-on-year to USD 6.6 billion during January-September 2023, industry body ICEA has said. India Cellular and Electronics Association Chairman Pankaj Mahindroo told PTI that this is an all-time high electronics export from India, while the share of electronics imported from China into the […]

The post India Electronics Exports To Us Jump Two-Fold To $6.6 Billion In January-September 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr Arun Mitra War is the most serious threat to public health with catastrophic effects on infrastructure and environment and accounts for more deaths & disability than many major diseases combined. It destroys families, communities and sometimes whole cultures. It channels limited resources away from health and other social needs. Any nuclear exchange can […]

The post Failure Of United Nations To Stop Israeli Killings Has Led To Major Humanitarian Crisis first appeared on Latest India news, analysis and reports on IPA Newspack.

BANGKOK, THAILAND – Media OutReach Newswire – 12 January 2024 – H.E. Minister Supamas Isarabhakdi, Minister of Higher Education, Science, Research and Innovation (HESI) of Thailand, has stated the outcome, results, and achievements of the first 3-month in office, as well as giving policy outlines of the Thai science, technology, and innovation (STI) system in strengthening Thailand’s future development in the event “Future Thailand”, together with more […]

Matein Khalid In the emerging markets financial jungle, fairytales are impossible without the right jungle guide. So when Alejandro A (gringo name Alex), one of my closest friends in life since we first met in New York in J.P. Morgan Chase’s capital markets training program decades ago and now the chairman of his own I-bank in Buenos Aires dissected President Milei’s blueprint for revolutionary energy reform, I […]

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.

Lenovo™ strengthens its portfolio and vision of AI for All with AI PCs and other powerful innovations HONG KONG SAR – Media OutReach Newswire – 12 January 2024 – Today at CES® 2024, Lenovo unveiled a full lineup of more than 40 new devices and solutions powered by AI, furthering the company’s vision of AI for All. The announcements include new AI PC innovations across Lenovo’s Yoga™, […]

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.

GANDHINAGAR: Finance Minister Nirmala Sitharaman on Thursday said India has a USD 10.1 trillion funding gap to meet its net zero commitment and asked IFSC to set up a platform where green credits can be traded. Speaking at a session ‘An aspiration of modern India’ at the GIFT City, the minister said companies in India […]

The post IFSC Needs To Ready Platform Where Green Credits Can Be Traded: Finance Minister Nirmala Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

NANNING, CHINA – Media OutReach Newswire – 12 January 2024 – With the barrier gate for customs release lifted, 6 tonnes of blended yarn was imported tariff-free to China through Dongxing, a border city in south China’s Guangxi Zhuang Autonomous Region. The yarn was produced in a Vietnamese production line of the cotton yarn production giant Texhong International Group Limited and will be further processed to produce […]

NEW DELHI: India has submitted all relevant data on its social security schemes sought by the US to start negotiations on a bilateral totalisation agreement that would exempt short-term visa holders from contributing to social security and will push for it at the India-US Trade Policy Forum (TPF) meeting on Friday, an official has said. […]

The post India Provides Comprehensive Data To US For Bilateral Social Security Agreement Negotiations first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach – 12 January 2024 – Today, IX Asia Indexes announced the 2023 4th quarter review of ixCrypto Index Series and second-half yearly review of the IX Digital Asset Industry Series. The constituent change for ixCrypto Index Series will be effective on 19 January, 2024 (Friday), while the constituent change for IX Digital Asset Industry Index Series will be effective on 1st […]

Samer Hasn Cryptocurrency market had a very volatile night. Bitcoin fluctuated between the levels of $44,800 and $47,730. Ethereum was also able to advance and register more record levels that we have not seen since May of 2022, reaching the level of $2644. The movements in the cryptocurrency market came with the historic event of the Securities and Exchange Commission’s approval of the launch of a number of […]

MUMBAI: The monetary policy committee (MPC) is expected to keep rates unchanged for the remainder of this fiscal amid weak agricultural output and tight global food supplies posing upside risks to inflation, and global market volatility, according to a Crisil Market Intelligence and Analytics report. A rate cut is expected only in the first quarter […]

The post Rate Cut Expected Only In First Quarter Of Next Fiscal: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part mandate includes investor protection, authorized funds from […]

The post US SEC Authorises Direct Bitcoin-Spot ETFs, Revolutionising Crypto Investments first appeared on Latest India news, analysis and reports on IPA Newspack.

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