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By Girish Linganna Yemen’s Houthi rebels have carried out hijackings, missile strikes, and drone attacks on ships, leading Danish shipping and logistics company AP Moller-Maersk and German shipping and container transportation firm Hapag-Lloyd to temporarily suspend shipments via the Red Sea. The announcements made on Friday by AP Moller-Maersk and Hapag-Lloyd indicate that large companies […]

The post Yemen’s Houthi Rebels Attack On Ships Poses Threat To Trade Through Red Sea first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran The imposition of extra tariff on Chinese gold jewellery exports by the United States has helped the Indian jewellery export trade to dislodge the United Arab Emirates as the country’s leading export market. The tariff on Chinese jewellery has made Indian exporters more competitive on the one hand, while the Comprehensive Economic […]

The post Tariff On Chinese Gold Jewellery Helps U.S. Replace UAE as India’s leading export market first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will buy crude oil from Venezuela as a number of Indian refineries are equipped to process heavy crudes, Petroleum Minister Hardeep Singh Puri said. With the United States (US) easing sanctions on Caracas in October, India’s imports of Venezuelan oil are set to resume after three years. The minister said that as […]

The post Ready To Import Oil From Any Country Not Under Sanctions, Including Venezuela: Hardeep Singh Puri first appeared on Latest India news, analysis and reports on IPA Newspack.

Coal demand in India, the world’s second largest consumer of the critical commodity, is expected to rise by 3.5 per cent annually till 2026 topping 1,397 million tonnes (mt), the International Energy Agency (IEA) said on Friday. “India becomes the driving force behind the upward pressure on global coal demand through to 2026, even if […]

The post India’s Coal Demand To Grow At 3.5% Annually Till 2026: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will become the world’s third largest economy by 2026 as its GDP in current dollar terms will reach USD 5 trillion in that year and further rise to USD 5.5 trillion in 2027, former Niti Aayog Vice Chairman Arvind Panagariya said on Friday. Delivering the 18th C D Deshmukh Memorial Lecture titled […]

The post India’s GDP Will Reach USD 5 Trillion In 2026: Panagariya first appeared on Latest India news, analysis and reports on IPA Newspack.

Oil demand growth in the key Asian market of India is set to slow next year as the spurt in consumption that followed the pandemic fades, echoing a slowdown in China and presenting a fresh headwind for prices. Consumption will expand 150,000 barrels a day in 2024, down from about 290,000 barrels a day seen […]

The post After Bumper Years, Oil Demand Growth In Indian Market To Taper In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Global markets are abuzz with activity, with their spirits buoyed by the US Federal Reserve’s dovish pivot. With stock prices soaring, the 10-year US Treasury yield — a gauge of risk appetite — has dipped below 4 per cent and investors are recalibrating their expectations, anticipating more aggressive rate cuts than previously forecasted. The […]

The post Markets Soar On Dovish US Federal Reserve, Sensex Settles Atop 70,000 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak The way PM Narendra Modi’s growth narrative is being boastfully brought forward is nothing but mere politics, since it tries to put the stark reality of incidents of hunger and malnutrition in the country under carpet. As per the growth narrative India is the fourth biggest economy of the world, growing […]

The post Fourth Biggest Economy Has Largest Number Of Hungry And Malnourished first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is no surprise that COP28 Dubai has proceeded the way it has. As member countries grappled with how to formalise and approach towards the most sensitive issue of fossil fuels, the climate summit had to be extended to try and work out a consensus. According to latest reports emerging the vibrant […]

The post COP28 May Have Avoided A Showdown, But Conflict Points Remain Largely Unresolved first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. “In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. Indian inflation […]

The post Market To Focus On Macro Data, Global Trends: Analysts first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The crime in India has been recorded annually since the days of the British Raj. Currently, with more comprehensive statistics, the data is compiled by the National Crime Records Bureau (NCRB) under the Union Home Ministry. However, what remain unclear are the dependability of the data, the specific actions taken to control […]

The post Annual Crime Data Report May Not Be All That Dependable first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre is working to institutionalise global cultural initiatives and develop a modern system on the lines of similar events in Venice, London and Sao Paulo, Prime Minister Narendra Modi said on Friday while inaugurating the inaugural edition of the Indian Art, Architecture and Design Biennale from the ramparts of the iconic Red […]

The post Govt Working To Institutionalise Global Cultural Initiatives: PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Delay in picking Chief Ministers for Madhya Pradesh, Chhattisgarh and Rajasthan is telling on the mental agility of claimants for the post in all three states. Look at outgoing Madhya Pradesh Chief Minister Shivraj Chouhan who can’t stand in one spot for more than an hour at a piece. He is all […]

The post Delaying Selection Of Chief Ministers Does Not Speak Well Of BJP Leadership first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The RBI’s high-powered rate setting panel on Wednesday began its 3-day brainstorming on the next set of bi-monthly monetary policy amid expectation of continued pause on the short-term key lending rate as GDP growth is gaining momentum, and inflation manageable. RBI left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary […]

The post RBI MPC Meet Begins Amid Expectations Of Status Quo On Interest Rate first appeared on Latest India news, analysis and reports on IPA Newspack.

India and the UK have begun crunch-time talks to secure a landmark free-trade deal, as leaders on both sides seek to resolve outstanding issues before they face election battles next year. A UK team — including Amanda Brooks, director general for trade negotiations, and Douglas McNeill, chief economic adviser to the prime minister — is […]

The post India, UK Seek To Wrap Up Trade Negotiations Before Busy Election Year first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Adani Green Energy has raised $1.36 billion from eight international banks as construction facility, taking its total funding pool to $3 billion since the initial project financing started in March 2021. The company said the funds raised would be used in developing the 17GW renewable energy park at Khavda in Gujarat, with an initial […]

The post Adani Green Raises $1.36 Billion In Construction Finance From 8 Global Banks first appeared on Latest India news, analysis and reports on IPA Newspack.

Exxon Mobil Corp. and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations. The deal is controversial given none of the companies are agreeing to reduce oil and gas production. But they […]

The post COP28 Climate Summit 2023: Exxon, Aramco Lead Emissions Cut Pledge first appeared on Latest India news, analysis and reports on IPA Newspack.

By Kunal Bose India’s unreserved opposition to China’s One Belt One Road (OBOR) initiative launched across four continents over ten years ago by President Xi Jinping with great fanfare was given vent to from time to time by powers that be, including prime minister Narendra Modi. More recently, India’s external affairs ministry spokesperson Arindam Bagchi […]

The post Despite Hiccups, Chinese President Xi Jinping’s OBOR Project Making Good Progress first appeared on Latest India news, analysis and reports on IPA Newspack.