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Looking To Cut Debt Burden: FM

NEW DELHI: Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic, to avoid burdening future generations. In her inaugural speech at the Kautilya Economic Conclave 2023 in the […]

The post Looking To Cut Debt Burden: FM first appeared on Latest India news, analysis and reports on IPA Newspack.

India Pushes Back Against Russia’s Demands To Pay For Oil Imports In Yuan

India is rejecting pressure from Russian oil suppliers to pay for crude imports in the Chinese currency as tensions between New Delhi and Beijing continue to simmer. Some Russian oil suppliers are demanding payment in yuan, according to a senior Indian official directly involved in the negotiations and another senior person at a state-owned oil […]

The post India Pushes Back Against Russia’s Demands To Pay For Oil Imports In Yuan first appeared on Latest India news, analysis and reports on IPA Newspack.

Hamas-Israel War, If Not Contained, Has Potential To Damage Global Economy

By Nilanjan Banik Joseph Campbell, author of “The Hero with a Thousand Faces” and scholar on comparative religions, once recounted a Japanese story. A samurai hunted down his master’s killer and was about to decapitate him when the assassin spat in the samurai’s face. The enraged samurai immediately returned his sword to the sheath and […]

The post Hamas-Israel War, If Not Contained, Has Potential To Damage Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

Chinese Yuan Beats Euro, Is 2nd Most Used Currency In Global Payments System SWIFT

NEW DELHI: The Chinese yuan has surpassed the euro to become the world’s second-most used currency in SWIFT trade settlements, according to data from the international SWIFT system. This marks a significant milestone in China’s efforts to internationalise its currency. As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% […]

The post Chinese Yuan Beats Euro, Is 2nd Most Used Currency In Global Payments System SWIFT first appeared on Latest India news, analysis and reports on IPA Newspack.

Bybit Web3 IDO Adds Pop Social (PPT) to Its Roster, Enabling Access to the Ultimate Web3 AI Social Experience

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 20 October 2023 – Bybit, the world’s third most visited crypto exchange, is excited to announce the launch of Pop Social on its Web3 IDO platform. Bybit users can now participate in the token sale of Pop Social (PPT), the ultimate Web3 AI social media platform, and be part of the groundbreaking community. Pop Social aims to revolutionize the […]

A bullish macro ballast on Dalal Street

Matein Khalid While hardly news to the cognoscenti of Dalal Street and Planet Desiwalla, India’s stock market has been on a roll and it seems as if everyone of the 330 million gods in the Hindu pantheon were cheerleaders for its bullish macro ballast. If James Bond has a license to kill, India is a license to make money since the end of the near biblical macro […]

Russia Makes Up 40% Of Indian Oil Imports, Dents OPEC’s Share

The share of Russian oil in India’s overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow’s position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. India, the world’s third largest oil importer and consumer, has emerged as the top buyer of the […]

The post Russia Makes Up 40% Of Indian Oil Imports, Dents OPEC’s Share first appeared on Latest India news, analysis and reports on IPA Newspack.

Elon Musk’s Wealth Shrinks By $16 Billion After Tesla Results

Elon Musk experienced a significant drop in his fortune, losing $16.1 billion on Thursday, following Tesla Inc’s disappointing third-quarter earnings report, which negatively impacted the company’s shares. Despite being the world’s richest person with a net worth of $209.6 billion, Musk’s wealth declined due to Tesla’s shares plummeting by 9.3%, Bloomberg reported. Musk owns 13% […]

The post Elon Musk’s Wealth Shrinks By $16 Billion After Tesla Results first appeared on Latest India news, analysis and reports on IPA Newspack.

GDP To Grow At 6.5-6.8% In FY24; Festive, Govt Spends Key Drivers: Deloitte

NEW DELHI: Deloitte India on Wednesday said it expects GDP growth in the current fiscal to be in the range of 6.5-6.8 per cent primarily due to upcoming festive spending as well as higher government expenditure before the national elections mid-next year. In its India economic outlook report, released earlier this month, Deloitte said India […]

The post GDP To Grow At 6.5-6.8% In FY24; Festive, Govt Spends Key Drivers: Deloitte first appeared on Latest India news, analysis and reports on IPA Newspack.

India-China To Contribute Half Of World’s Growth In 2023, 2024: IMF

NEW DELHI: India and China are projected to jointly contribute about half of the world’s growth in both 2023 and 2024, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook (Asia and Pacific) report. India’s economy is projected to grow at 6.3% in FY24 and FY25 – the fastest among the major […]

The post India-China To Contribute Half Of World’s Growth In 2023, 2024: IMF first appeared on Latest India news, analysis and reports on IPA Newspack.

Baden Bower Named Among Top 5 PR Agencies in Toronto

Global Recognition Awards announces that Baden Bower is one of the top 5 PR Agencies in Toronto, Canada. Toronto, Ontario, Canada – October 18, 2023 /Kris Escueta/ — The Global Recognition Awards have named Baden Bower among the top 5 PR Agencies in Toronto, Canada. Toronto is a pivotal hub in public relations globally, with an industry valuation of $1.1 billion in 2023. As companies become more […]

Hamdan bin Zayed reviews preparations for Liwa International Festival (Moreeb Dune 2024)

ABU DHABI, 17th October, 2023 (WAM) – H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representativ

Study ranks UAE as least cyber-secure

Arabian Post Staff Despite its high internet usage, the United Arab Emirates has the lowest National Cyber Security Index score at 40.26, making it the least cyber-secure country in a study conducted by Proxyrack. The study revealed which developed countries are at most at risk of cybercrime globally and with a cybercrime risk score of 8.18/10, United Arab Emirates features in the top 10. The study was […]

Hamas-Israel Armed Conflict Brings Fresh Risks To World Economy

By Nantoo Banerjee It may be a bit early to predict economic consequences of the ongoing Hamas-Israel armed conflict on the world economy, but India is bound to be impacted if the war continues for long and oil prices keep soaring through the coming winter months. The war is now running through the second week. […]

The post Hamas-Israel Armed Conflict Brings Fresh Risks To World Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

TECOM reports 20% rise in start-up funding

in5, part of TECOM Group and the region’s leading innovation and entrepreneurship platform, has recorded a 20% increase in total funding raised by start-ups within its ecosystem since its inception to more than AED 2.9 billion, solidifying its position as a key player in the regional start-up ecosystem. During the first nine months of 2023, in5 witnessed an extraordinary surge in the number of start-ups it supports, […]

India to have world’s second largest metro network

Maktoum bin Mohammed opens Expand North Star 2023, world’s largest startup exhibition and conference

UAE allocates US$200 million to boost growth in low-income countries and reduce poverty

MARRAKECH, 14th October, 2023 (WAM) – The UAE has announced it will participate in funding the Pove

Launchpad Dubai to offer platform for tech companies

Arabian Post Staff Expand North Star, claimed to be the world’s largest gathering for startups, will see the launch of Launchpad Dubai, a new platform aimed at accelerating the growth and expansion of global tech companies in Dubai including start-ups, fast-growing startups and billionaire unicorns. The initiative offers convenient access to visa applications, banking and judicial services, housing, talent, and other essential services required to set up […]

What Western Media has Forgotten about Israel-Palestine Conflict

M Saad Israeli strikes have so far killed more than 1600 people in Gaza By 1946, Israel was a tiny, scattered nation on the world’s map hanging by the Mediterranean littoral that relied largely on foreign aid to manage its affairs. Today, the Jewish nation is synonymous with power, military prowess and swaggering diplomacy and is clearly bestriding the Middle East, where the majority of Arab nations […]

MP Cong promises monthly grant for school children

In the “freebie war” in poll-bound Madhya Pradesh, the Congress has promised a monthly dole for every school-going child in the state, which may cost nearly Rs 20,000 crore a year and put a big strain on the state’s education budget. There are expected to be nearly three crore children in the age group of […]

The post MP Cong promises monthly grant for school children first appeared on Latest India news, analysis and reports on IPA Newspack.

A new guide to strengthen cybersecurity in Arab region

The ITU Arab Regional Cyber Security Center (ITU-ARCC), in partnership with Huawei, launched a new program to help strengthen the cybersecurity industry in the Arab region. Titled the ‘Cybersecurity Industry Development Strategy Maturity Module (CIDSMM),’ the program provides a comprehensive guide for regulatory authorities, industry stakeholders, and academic researchers to assess and improve their cybersecurity capabilities. The first of its kind in the region and the world, […]

Compensation Remains #1 Factor for Students Choosing New Jobs

The 2023 World’s Most Attractive Employers (WMAE) rankings this year favors companies that offer high future earnings, competitive pay, and professional training and development. “The 2023 WMAE rankings showcase hard-won wins by traditional employer brands like JP Morgan and Mercedes Benz, both of which gained significant ground this year” says Yusuf Azoz, Chief Executive Officer, Universum. Universum, the global leader in employer branding, surveyed over 172,000 students […]

Hamas-Israeli Conflict Coincides With 50th Anniversary Of 1973 Oil Shock

By K Raveendran Curiously, the Hamas attack and the Israeli reprisal coincide with the 5oth anniversary of the first oil crisis, which plunged the world into an oil shock of unprecedented proportions, causing energy prices to skyrocket and leading to fuel shortages, particularly in the United States. And by all indications, the results of the […]

The post Hamas-Israeli Conflict Coincides With 50th Anniversary Of 1973 Oil Shock first appeared on Latest India news, analysis and reports on IPA Newspack.