Category: World

Congress leader Rahul Gandhi expressed confidence on Tuesday that the seat-sharing issues among the INDIA bloc partners will be resolved and claimed that the coalition will defeat the BJP in this year’s Lok Sabha polls. He also said there is mutual respect and affection between the leaders of the INDIA bloc, which he asserted is […]

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Congress veteran Digvijaya Singh on Tuesday alleged that the intention of the BJP, RSS and VHP behind demolishing the Babri mosque in Ayodhya was not to build a temple at the site, but to make it a Hindu-Muslim issue for political mileage. In a post on social media platform X, the former Madhya Pradesh chief […]

The post Cong never

Nationalist Congress Party (NCP) chief Sharad Pawar on Tuesday invoked a controversy saying that the ‘Shilanyas’ for the Ram temple at Ayodhya was conducted when Rajiv Gandhi was the Prime Minister of the country. He further accused the BJP and RSS of doing politics on the issue. Speaking at a public meeting at Nipani in […]

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Assam Chief Minister Himanta Biswa Sarma on Tuesday said that the inaugural function of Ayodhya’s Ram Mandir has become political due to Rahul Gandhi and Sonia Gandhi’s anti-Hindu stand. Addressing the media, CM Sarma said that  inauguration of the temple at Ayodhya is a historic event and a triumph of Indian Civilisation. He further stated […]

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MUMBAI: The Reserve Bank of India (RBI) governor, Shaktikanta Das, said on Tuesday that retail inflation is slowly moderating and is steadily moving towards the target of 4 per cent. During a fireside chat at the World Economic Forum in Davos, Das stated that core inflation has started to move down, which gives confidence that […]

The post Inflation Moderating, Steadily Moving Towards 4% Target: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A significant majority of Indian chief executive officers (CEOs) are of the opinion that the Indian economy will witness improvement over the next 12 months, as the country reclaimed its fifth position as an investment destination, according to a survey. According to PwC’s 27th Annual Global CEO Survey, 86% of Indian CEOs express […]

The post Indian CEOs Optimistic About Country’s Economic Growth: Survey first appeared on Latest India news, analysis and reports on IPA Newspack.

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.

Public sector banks are rushing to issue bonds in the coming weeks, capitalising on lower government bond yields that have made borrowing cheaper while tight liquidity and robust credit growth are spurring lenders’ demand for funds to meet loan needs. State Bank of India is set to kick off domestic bond issuances for 2024 with […]

The post SBI, BoB Among PSBs Pushing Bond Issues first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: India has been ranked 35th on a global index of countries best placed for leveraging future possibilities while the UK topped the list released here on Monday. The Future Possibilities Index (FPI), a flagship global future trends study released by Newsweek Vantage and Horizon Group on sidelines of the World Economic Forum Annual Meeting, […]

The post India Ranked 35th For Leveraging Future Possibilities; UK On Top first appeared on Latest India news, analysis and reports on IPA

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.

By Kalyani Shankar Congress Party’s responsibilities have increased with the decision of the I.N.D.I.A. bloc Opposition coalition to name Congress President Mallikarjun Kharge as the President. Bihar Chief Minister Nitish Kumar has declined the post of convenor. Forming partnerships before elections is relatively easy, but the real challenge lies in agreeing on seats. How difficult […]

The post Congress Is More Accommodative This Time In Seat Sharing Talks With Allies first appeared on Latest India news, analysis and reports

By Sushil Kutty Rahul Gandhi’s ‘Bharat Jodo Nyay Yatra’ is going ahead with its goal to bring peace to all the places through which it passes. Also fight for justice to people of all colour, creed and caste. It started in the violence-hit Manipur where both the Kuki and Meitei communities believed Rahul Gandhi had […]

The post Rahul Gandhi’s ‘Bharat Jodo Nyay Yatra’ Rekindles Fresh Hope first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava BSP chief Mayawati continues to be an enigma. Till Monday morning, she was sending out signal to the leaders of INDIA bloc, especially to SP chief Akhilesh Yadav, that she was ready to ride the bandwagon of INDIA. But by noon she made a volte-face and shocked the opposition leaders by saying […]

The post Mayawati’s Somersault Aims At Boosting Poll Prospects Of BJP first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak India is facing rising industrial concentration in just five hands, and is enriching billionaires, private equity funds, and crony capitalists driving unprecedented level of inequalities and poverty among people. Dalits are facing high and unaffordable out-of-pocket fees in the private healthcare sector, financial exclusion in the private healthcare sector, and overt […]

The post India Faces Rising Industrial Concentration In Just Five Hands: Oxfam first appeared on Latest India news, analysis and reports on IPA

Shiv Sena (Shinde) faction on Monday moved to the Bombay High Court challenging Maharashtra Assembly Speaker Rahul Narvekar’s decision of not disqualifying MLAs of the Uddhav Thackeray faction. On the other hand, Shiv Sena (UBT) has moved to the Supreme Court challenging Speaker Rahul Narvekar’s decision to declare the Shinde faction as the “real Shiv […]

The post Uddhav moves

MUMBAI: The Reserve Bank of India’s (RBI’s) draft norms for self regulatory organisations for the fintech sector (SRO-FT) have proposed that such entities should have a robust IT infrastructure and the ability to deploy technological solutions within a reasonable timeframe. The applicant for such an entity should have sufficient net worth and demonstrate the capability […]

The post RBI Releases Draft Norms For Fintech Self-Regulatory Organisations first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The exports of computer software and services, including IT enabled services and BPO, logged 12.2 per cent growth during 2022-23 to touch $193 billion, according to estimates by Electronics and Computer Software Export Promotion Council (ESC). The IT software/services chunk accounted for the bulk of this at $126 billion, followed by BPO services […]

The post IT, ITeS, BPO Exports Grew Over 12% In FY23: ESC first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: The National Restaurant Association of India on Monday urged the government to restore input tax credit to restaurants while increasing the GST rate to 12 per cent from the current 5 per cent, ahead of the upcoming Union Budget. In a letter to Finance Minister Nirmala Sitharaman, the National Restaurant Association of India […]

The post Restaurant Body Seeks Restoration Of Input Tax Credit, Higher GST Rate Of 12 Per Cent first appeared on Latest India news,

NEW DELHI: Reliance Electrolyser Manufacturing, Jindal India and John Cockerill Greenko Hydrogen Solutions are among the six firms who have emerged as successful bidders for getting incentives to set up facilities to manufacture electrolysers, a critical component required for green hydrogen production. The bids came in response to a tender by Solar Energy Corporation of […]

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The Congress should not have shunned the ‘Pran Pratishtha’ or consecration ceremony of the Ram Temple in Ayodhya on January 22 as it is not a political event, former Union minister Milind Deora who recently exited the party told News18 in an exclusive interview. Deora, former Mumbai South MP, resigned from the primary membership of […]

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In a big move ahead of the 2024 Lok Sabha elections, the Aam Aadmi Party (AAP) and the Congress have decided to come together to contest the Chandigarh mayoral elections. If the alliance between the two holds and works out, it will be the first time ever that the bitter rivals would be joining forces […]

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NEW DELHI: India’s wholesale price index (WPI)-based inflation rate rose to a nine-month high of 0.73 per cent in December, mainly due to an increase in prices of food articles, data released by the ministry of commerce and industry showed on Monday. This is the second consecutive month that the wholesale inflation rate had remained […]

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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

NEW DELHI: Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and their investors to deal with unliquidated investments of their schemes beyond expiry of tenure. In its consultation paper, the regulator suggested that instead of launching a new liquidation scheme by AIFs, the same […]

The post SEBI Mulls Liquidation Flexibility For AIF, VCFs To Deal With Beyond Tenure first appeared on Latest India news, analysis and reports

NEW DELHI: The Centre on Monday signed an agreement to acquire five lithium brine blocks for exploration and development in Argentina. The agreement was signed between Khanij Bidesh India Ltd (KABIL) and Catamarca Minera Y Energética Sociedad Del Estado (CAMYEN), a state-owned mining and energy company in the Argentine province of Catamarca. This is the […]

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While terming Samajwadi Party (SP) a ‘Dalit-Virodhi’ party, Bahujan Samaj Party (BSP) on Monday once again made it clear that it would contest solo in the 2024 Lok Sabha Polls. Besides, BSP chief Mayawati made it clear that the party would maintain distance from those with casteist and communal ideologies, re-assuring that her party would […]

The post Mayawati calls SP

With just a week left for “Pran Pratishtha” of Ram Lalla in Uttar Pradesh’s Ayodhya, several Congress leaders, including its Uttar Pradesh chief Ajay Rai and MP Deepender Hooda took a holy dip in the Saryu River amid chants of “Siyavar Ramchandra Ki Jai” on the occasion of Makar Sankranti. The visit by these Congress […]

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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 […]

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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.

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

NEW DELHI: Reliance Industries Ltd is seeking a minimum USD 10 rate for the gas it plans to produce from coal seams, as it altered its pricing formula to reflect the changed energy scenario. Reliance has sought bids from users for 0.90 million standard cubic meters per day of gas it will produce from coal-bed […]

The post Reliance Seeks Minimum USD 10 For Coal Seam Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The pharma industry has sought fiscal incentives to promote research and development (R&D) in the sector, as it is likely to reach USD 400-450 billion market size by 2047. In a statement, Indian Pharmaceutical Alliance Secretary General Sudarshan Jain said there is a high risk, long gestation period and low success rate in […]

The post Pharma Industry Seeks Incentives For R&D, Conducive Policies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) has made two significant back-to-back natural gas discoveries in a Mahanadi basin deepwater block in the Bay of Bengal as its calculated game plan of venturing into high-risk deep water exploration starts yielding results. The firm made the discoveries in the block MN-DWHP-2018/1, which it had […]

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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 […]

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