WeWork was one of the world’s most lauded start-ups in recent years, being valued around $50bn. But just four years since that peak valuation, the company has filed for bankruptcy. Cloaked in the guise of a tech enterprise, WeWork ultimately revealed itself as an office rental business. Its downfall was the result of internal challenges it created for itself, compounded by external forces beyond its influence, such […]
By Nantoo Banerjee Increasing secret business donations to political parties to help fight state and general elections threaten to harm India’s democratic system. The practice protects the anonymity of contributors. If France, one of the world’s most vibrant democracies, can ban political donations by business corporations, why do political parties in India need to raise […]
The post Anonymous Political Donations Are Harming India’s Democratic System first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran A failure by Russia to fulfil its commitment of 300,000 barrels per day of voluntary cut in crude exports as per the understanding with OPEC is likely to cause friction between Moscow and Saudi Arabia, the prime driver of the cartel’s supply control strategy to shore up crude prices. Any problem in […]
The post Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism first appeared on Latest India news, analysis and reports on IPA Newspack.
By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up to the plate. The significance of […]
The post Israel In Gaza: Only Limited Options Available When The Guns Fall Silent first appeared on Latest India news, analysis and reports on IPA Newspack.
The forex – foreign exchange- market has had a busy week, with many savvy traders earning decent figures on their currency trades. The euro and pound are heading for significant gains against the dollar at the end of this week, as the US-led rally in global bonds sent yields down, and with them the dollar, bringing relief even to the embattled Japanese yen. The Forex market is […]
MUMBAI: Switzerland-based Zurich Insurance Group will acquire a 51 per cent stake in Kotak Mahindra General Insurance Company for about Rs 4,051 crore through a combination of fresh capital infusion and share purchase. This will be the largest investment by a global strategic insurer in an Indian non-life insurance firm. Kotak Mahindra Bank, Kotak General […]
The post Zurich Insurance To Pick 51 Per Cent Stake In Kotak Gen Insurance For Rs 4,051 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Virgin Atlantic’s returned to Dubai International Airport (DXB) for the first time since March 2019. The UK-based airline re-commenced its flights from London Heathrow Airport (LHR) on 30 October, with a four-weekly service to cater for the popular winter travel season, operating a Boeing 787-9 aircraft. Dnata will deliver a range of ramp and passenger services for the airline and its passengers at the […]
New Delhi: The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil was increased to Rs 9,800 per tonne from Rs 9,050 a […]
The post Govt Hikes Windfall Profit Tax On Crude Oil, Cuts Levy On Diesel Exports first appeared on Latest India news, analysis and reports on IPA Newspack.
Backpack, the all-in-one web3 wallet and company behind Mad Lads, the No. 1 NFT collection by market cap on Solana, today announced the launch of a regulated cryptocurrency exchange. Trek Labs Ltd FZE, which will launch under the name Backpack Exchange, has officially been issued the Virtual Asset Service Provider (VASP) license for Exchange Services from the Dubai Virtual Assets Regulatory Authority (VARA), which supervises and regulates […]
By Nantoo Banerjee Prime Minister Narendra Modi may not derive much comfort from the fact that Indian Railways, the government’s single biggest public connect, is in bad shape. India’s railway network, recognised as one of the world’s largest railway systems under single management, carries some 24 million passengers daily. Politically, that is like addressing 240 […]
The post Indian Railways Urgently Needs A Full-Time Minister first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava Some political commentators hold the view that Palestinians should have followed the Gandhian path and also implicitly accuse them that they never followed the Gandhian path. However, their suggestion also applies to the Israel. The Israeli rulers should have followed the Gandhian path, and boy how they haven’t. This is most pertinent […]
The post Gandhi’s Experiment With Truth Has No Relevance For RSS Or Modi first appeared on Latest India news, analysis and reports on IPA Newspack.
By James M Dorsey It took 11 days and the death of 256 Palestinians for US President Joe Biden’s preference for a bear hug rather than a sledgehammer approach to get Israel to halt the Gaza bombing in 2021. Even then, Biden needed to be blunt and go public to get what he wanted. After […]
The post President Biden’s Bear Hug Of Israel’s Netanyahu Is A Double-Edged Sword first appeared on Latest India news, analysis and reports on IPA Newspack.
Trade ministers from the world’s most advanced economies will seek strategies to make global supply chains more resilient and governments less vulnerable to economic coercion from the likes of China when they gather in Osaka this weekend. Group of Seven trade ministers convene on Saturday and Sunday against a backdrop of soaring geopolitical risk due […]
The post G-7 Trade Chiefs Set To Tackle Supply Chains, Economic Coercion first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Even as 5G, 6G, made-in-India phones and the role of tech revolution in bringing social justice dominated the seventh edition of the country’s flagship telecom summit ‘India Mobile Congress’, satellite communication managed to steal some of the thunder. At New Delhi’s Bharat Mandapam, which had last month hosted the G20 leaders, Prime Minister […]
The post India Mobile Congress 2023: India Will Lead The World In 6G, Says PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 27 October 2023 – Bybit, the world’s third most visited crypto exchange, is upgrading its copy trading platform using AI technology. Master Trader Compare and TradeGPT Master Trader will offer AI-powered trading strategies to ordinary people. The new Master Trader Compare feature allows users to find their ideal trading match by comparing multiple Master Traders. Traders can analyze performance, […]
The world’s first AI summit, which is being organised by UK Prime Minister Rishi Sunak at Bletchley Park, the country estate where Alan Turing cracked the Enigma code that helped end the second world war, is being held next week. A guestlist of around 100 invited attendees includes Microsoft president Brad Smith, OpenAI chief executive Sam Altman, Google DeepMind chief Demis Hassabis, and from Meta AI chief […]
NEW DELHI: Prime Minister Narendra Modi on Friday urged telecom and technology companies to create new domains that can be followed by other countries in future. Citing the example of UPI, a leading digital payments system, he said, “India has the power of a young demography and vibrant democracy. Today, when we are realising the […]
The post Create New Domains That Can Be Followed By Other Countries: PM To Telecom Companies first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Now India is in fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after […]
The post India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.
The Nov. 13 forum in San Francisco will feature high-level conversations between CEOs, policy leaders, university presidents and top researchers to drive investment in biodiversity HONG KONG SAR – Media OutReach – 24 October 2023 – International environmental leaders will convene at the APEC University Leaders’ Forum on Nov. 13 in San Francisco for “Investing in Tomorrow’s Biodiversity,” a daylong event featuring keynotes and panel discussions about […]
By Nantoo Banerjee The recommendation of the international proxy advisory firm, Institutional Shareholders Services (ISS), asking shareholders to vote against the proposal of 28-year-old Anant, the youngest son of Mukesh Ambani, for appointment on the board of Rs.9.75 lakh crore Reliance Industries may not look entirely unjust. Few will deny that Anant is too young […]
The post ISS Objection To Anant Ambani’s Board Level Elevation At RIL May Be Valid first appeared on Latest India news, analysis and reports on IPA Newspack.
