Category: World

NEW DELHI: With the growing activities of international pirates off the Gulf of Aden driving up the costs of freight and shipping, the government has moved to build more armed vessels to keep open the international shipping lanes that carry much of the world’s trade through this war-torn region. In the last 20 years, the […]

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MUMBAI: Deficit liquidity in the banking system surged to an all-time high this week, topping the ₹3 lakh crore mark, as tax outflows, currency leakages and a slow pace of government spending led to a cash crunch with lenders, pushing up borrowing costs across the economy. As of January 23, the liquidity deficit measured by […]

The post Liquidity Deficit At Highest-Ever, Tops Rs 3 Lakh Crore After Eight Years first appeared on Latest India news, analysis and reports

NEW DELHI: The Ministry of Electronics and IT (Meity) will seek cabinet approval for the India AI program, which includes the setting up of GPU-based servers in public-private partnership mode with an outlay of over Rs 10,000 crore, Minister of Electronics and IT Rajeev Chandrasekhar said on Tuesday. Working groups formed by the government on […]

The post MeitY To Seek Cabinet Nod For India AI Programme Entailing Rs 10,000 Crore Investments: MoS IT first appeared on Latest India

MUMBAI: Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack, with the benchmark Sensex falling almost 1,053.10 points. Equity benchmark index Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights HDFC Bank, Reliance Industries and SBI amid mixed […]

The post Investors Wealth Erodes By Rs 8.50 Lakh Crore As Markets Tumble first appeared on Latest India news, analysis and reports on

The Congress’ Bharat Jodo Nyay Yatra was fraught with confrontation between the party workers and the Assam government on Tuesday, with Chief Minister Himanta Biswa Sarma directing Director General of Police G P Singh to register a case against Rahul Gandhi for allegedly provoking a crowd to break barricades. The barricades were erected along a […]

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MUMBAI: India pipped Hong Kong to become the fourth-largest equity market in the world based on Monday’s market capitalisation driven by consistent selling pressure on Chinese stocks as earnings prospects eroded. India’s total market capitalisation rose to $4.33 trillion after a gain of more than $130 billion so far in 2024 while market value of […]

The post India Tops Hong Kong To Become Fourth Largest In Market-Cap first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: The government may make the National Pension System (NPS) more attractive by extending tax concessions on contributions and withdrawals especially for senior citizens above 75 years. Pension fund regulator PFRDA has sought “parity” with Employees’ Provident Fund Office (EPFO) on the taxation front for contributions by employers and some announcements in this regard […]

The post Government May Announce Steps To Promote, Make NPS More Attractive first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) will set up a new unit to house its gas business and clean energy projects such as green hydrogen, as it looks to fast-track foray into new areas. In a stock exchange filing, the firm said it last month received approval of the Ministry of Petroleum […]

The post ONGC Gets Nod For Green Energy, Gas Unit first appeared on Latest India news, analysis and reports on IPA Newspack.

BHOPAL: Union Minister for Coal and Mines Pralhad Joshi on Tuesday said for the first time, the country’s coal production is going to cross 1 billion tonne. India is going to stop the import of substitutable coal from next year, Joshi said at the second State Mining Ministers’ Conference here. The union minister said there […]

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By Arun Srivastava The richest, most crony capitalism-friendly prime minister of India Narendra Modi bestowing Bharat Ratna, although officially being awarded by the President, Draupadi Murmu, on the deprived socialist leader Karpoori Thakur has given rise to boisterous political chattering in Bihar. However, it has also put the political moves of Chief Minister Nitish Kumar […]

The post With Bharat Ratna To Karpoori Thakur, Modi Eyes Nitish’s Vote Base first appeared on Latest India news, analysis and reports on

By K Raveendran Yet another demonstration of the extent of Adani’ group’s stranglehold on the Establishment should shake the confidence of group’s detractors who have been driven to desperation by the acts of commission and omission by the controversial group known to be a favourite of prime minister Narendra Modi. Even the highest court of […]

The post No End To Manifestations Of Adani Group’s Stranglehold On Modi Establishment first appeared on Latest India news, analysis and reports on

By Dr. Gyan Pathak Former Congress President Rahul Gandhi has just emerged irresistible in Assam even when the BJP leader and Chief Minister Himanta Biswa Sarma tried hard to resist him. BJP’s men breached his personal security, attacked his Bharat Jodo Nyay Yatra, state government passed orders to stop the yatra at several places including […]

The post Rahul Emerges Irresistible In Assam, Himanta Tries Hard To Resist first appeared on Latest India news, analysis and reports on IPA

By Sushil Kutty Former US President Donald Trump won New Hampshire on Wednesday, January 24. His rival, former UN Ambassador Nikki Haley, went the way of businessman Vivek Ramaswamy, who is now Trump’s shadow after failing in his quest to be the dark horse. But with Haley on a limb, Trump is more or less […]

The post Donald Trump Is Poised To Seal Nomination As He Wins New Hampshire first appeared on Latest India news, analysis and reports

Mamata Banerjee on Wednesday in a big announcement declared to go solo in the upcoming 2024 Lok Sabha polls in Bengal and said that “Trinamool Congress (TMC) is not in touch with Congress as far as seats in the state are concerned”. The West Bengal Chief Minister added that the final decision on any kind […]

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A day after Prime Minister Narendra Modi presided over the ‘pran prathista’ of Ram Lalla at the new Ram temple in Ayodhya, senior Congress leader Veerappa Moily on Tuesday stoked a controversy by saying he had doubts whether PM Modi actually fasted for 11 days before the ceremony. “If he hasn’t, then the entire Sanctum […]

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Rohit Pawar, Nationalist Congress Party (NCP) MLA and grandnephew of Sharad Pawar, appeared before the Enforcement Directorate on Wednesday to record his statement for questioning in connection with the Maharashtra State Cooperative (MSC) Bank scam case. He was accompanied by NCP working president Supriya Sule to the investigative agency’s Mumbai office. While the NCP-Sharad Pawar […]

The post Pawar’s grandnephew appears before

NEW DELHI: The government may go slow on sale of any extra stake in Life Insurance Corporation (LIC) and wait for investors who participated in the state-run insurer’s initial public offer (IPO) to book a decent capital appreciation. It feels that an appropriately timed follow-on offer is crucial for keeping investor interests in the stock […]

The post No Fresh Stake Sale In LIC In Near Future; Eyeing Larger Investor Pool first appeared on Latest India news, analysis and

NEW DELHI: The Centre’ capital expenditure growth may slow down to 12% in FY25 from 37.4% pegged in Budget for FY24, India Ratings and Research (Ind-Ra) said in a report. This is mainly due to the pickup in private capex in few sectors, the forthcoming elections in April and the fiscal consolidation target of 4.5% […]

The post Centre’s Budget Capex Growth To Slow To 12 Per Cent In FY25: India Ratings And Research first appeared on Latest India

NEW DELHI: The share of direct taxes in gross domestic product (GDP) rose to a 15-year high of 6.11 per cent during 2022-23 (FY23), but their buoyancy fell to 1.18 from 2.52 in the previous year, according to official data released on Tuesday. This means that while the tax-to-GDP ratio registered a record high during […]

The post Tax-GDP Ratio Rises To 15-Year High Of 6.11% During FY23, Shows Data first appeared on Latest India news, analysis and reports

NEW DELHI: The department of telecommunications (DoT) has sharply lowered the spectrum auction revenue target for FY24 to a modest ₹500 crore from ₹5,000 crore estimated earlier, officials aware of the details told ET. The department, though, still expects to generate ₹85,000 crore in revenue receipts this fiscal, the officials said. They added that the […]

The post DoT Slashes Auction Target, But Revenue Receipts To Be Robust first appeared on Latest India news, analysis and reports on IPA

  A day after Rahul Gandhi-led Congress workers clashed with Assam police personnel on the Guwahati city limits, party president Mallikarjun Kharge wrote to Union Home Minister Amit Shah, seeking his intervention to ensure the security of Rahul and other participants of his Bharat Jodo Nyay Yatra. This comes after Assam Police filed an FIR […]

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MUMBAI: Private carrier Air India on Monday commenced the commercial operations of its first wide-body A350 aircraft with a flight taking off for Chennai from the Mumbai airport. The 316-seater A350-900 aircraft has a three-class cabin configuration with 28 private business suites with full-flat beds, 24 premium economy and 264 economy seats. “Air India flight […]

The post Air India Begins Operations Of Wide Body A350 Aircraft first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The vision to make India a developed nation by 2047 includes a major shift towards electric vehicles, supported by tax incentives, production linked incentive schemes, and the mandatory provision of charging infrastructure, a top government official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar […]

The post EVs Adoption To Play Major Role In India’s Transition To Low Carbon Economy: DPIIT Secretary first appeared on Latest India news,

NEW DELHI: Real rural wages contracted in 21 of the 23 months to October 2023, signalling that consumer demand in the hinterland remains weak. Although rural inflation has tapered off in the 14 months till October 2023 from the high of 7.9% in September 2022, the lot of rural workers has not improved much. While […]

The post Rural Wages Still To Recover Concerns Over Consumption Demand first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Domestic paper and paperboard manufacturers have demanded a hike in import duty to 25 per cent on paper products and the imposition of a quality control order in the upcoming Budget to discourage cheap inward shipments. The Indian Paper Manufacturers Association (IPMA), in a statement on Monday, said that in its pre-budget submissions […]

The post Increase Import Duty On Paper, Paperboards To 25 Per Cent In Budget: IPMA first appeared on Latest India news, analysis and

NEW DELHI: Domestic coal-based power generation increased 7.14 per cent to 872 billion units (BU) in the April-December period of the current fiscal. The rise in domestic coal-based electricity generation reflects an ample supply of coal to meet the growing energy demand in the country, the coal ministry said in a statement. Domestic coal-based power […]

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NEW DELHI: The technology industry in India continues to draw Gen Z students with 77 per cent of them showing interest towards the sector, a report by Nasscom-Indeed said. Millennials and Gen Zs constitute around 90 per cent of the tech workforce in India enabling higher generational diversity and driving a shift in preferences. “Learning […]

The post Technology Industry Of Choice For Gen Z Students: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Inauguration of the Ram Temple in Ayodhya on January 22 by Prime Minister Narendra Modi is by and large seen to have significantly strengthened his political clout. However, the way the similar controversies surrounding Mathura and Kashi were raised thereafter by the RSS-VHP-BJP clan is indicative of their doubt that they […]

The post For Opposition INDIA Bloc, Time To Put Full Focus On Lok Sabha Polls first appeared on Latest India news, analysis and

By Kalyani Shankar Is Congress leader Rahul Gandhi’s judgement coming under scrutiny? The critics wonder whether he promoted aides who ultimately betrayed him and the Congress. The recent departure of former minister Milind Deora has shrunk his inner circle, leaving only a few close aides who remain loyal. It’s worth noting that the BJP has […]

The post Rahul Gandhi Has To Be Careful In Choosing His Political Advisers first appeared on Latest India news, analysis and reports on

By Arun Srivastava Consecration of Ram temple on January 22 in Ayodhya has thrown open multiple questions in the public domain. Question such as who has the patent right for Ram, is it the RSS chief Mohan Bhagwat or Prime Minister Narendra Modi, and whether it’s the only one person and none else, RSS’s mandir-man […]

The post RSS And Modi Have Now Encashed Their Last Trump Card, Ram Temple first appeared on Latest India news, analysis and reports

By Tirthankar Mitra Democratic governance, backed by popular mandate is the sole path towards political stability, rule of law and much needed reforms. It is a contention none has any quarrel with. Imran Khan, who led Pakistan to a victory in World Cup cricket final in 1992, founded a new party in Pakistan and became […]

The post Imran Khan Is At War With Pakistan Election Commission, Army, US Agency first appeared on Latest India news, analysis and reports

Minutes before the ‘pran pratishtha’ in Ayodhya, a group of Dalits blocked BJP MP Pratap Simha from entering Gujjegoudanapura village in Karnataka’s Mysuru from where the ‘Krishna shila’, or black stone, used to carve the idol was sourced. The MP had no choice but to return without attending the special ‘bhoomipujan’ held to coincide with

BENGALURU: Foreign investments in the Indian real estate sector, led by the US, experienced a decline in 2023 due to high inflation and geopolitical concerns. Notably, office spaces emerged as the most favoured investment asset. Investments from American institutions in the Indian real estate market fell by 39 per cent in 2023 to $1.35 billion […]

The post Global Investments In Indian Real Estate Sector Dip Due To High Inflation first appeared on Latest India news, analysis and reports

MUMBAI: A few segments in unsecured retail loans show signs of weakness which need to be closely monitored by lenders, said a report published by RBI. It also noted that in credit card outstanding, where the interest rates are highest, larger loans are by more vulnerable borrowers. According to the study, over the past decade, […]

The post Stress In Some Retail Loans, Lenders Alerted: RBI Report first appeared on Latest India news, analysis and reports on IPA Newspack.