Category: World

NEW DELHI: India’s overall unemployment rate in November fell to 9.16% from a 29-month high of 10.05% in October, on account of a decline in unemployment in rural areas amidst the rabi-sowing season, according to data from the Centre for Monitoring Indian Economy (CMIE). The rural unemployment rate eased to 9.05% in November from 10.82% […]

The post Unemployment Rate Falls In November As Farm Sector Boosts Rural Jobs first appeared on Latest India news, analysis and reports on

Renewable energy firm ReNew Energy Global Plc has inked an initial pact with the Asian Development Bank (ADB) for a funding of USD 5.3 billion.”The MoU was signed at COP28, Dubai by ReNew’s Founder, Chairman and CEO, Sumant Sinha and Suzanne Gaboury, Director General, Private Sector Operations Department, ADB,” a company statement said.According to the […]

The post ReNew Inks Initial Pact With Asian Development Bank For USD 5.3 Billion Funding first appeared on Latest India news, analysis and

Finance Minister Nirmala Sitharaman on Monday ruled out any relaxation to the existing terms for the borrowing capacity of state governments, including Kerala for 2023-24. Kerala has requested the Centre to allow an additional borrowing equivalent to 1% of Gross State Domestic Product (GSDP) over and above the borrowing ceiling fixed for 2023-24. In a […]

The post No Relaxation In Borrowing Limits For Kerala, Other States: Finance Minister first appeared on Latest India news, analysis and reports on

India’s consumption of Liquefied Natural Gas (LNG) is expected to rise further in the coming months on the back of growing demand from the fertiliser and power industries, analysts say. Anticipated lower spot LNG prices will further add to this growth. “Our current forecast for December, January, and February averages at 76 MMcm/d, with an […]

The post LNG Consumption, Imports Seen Rising As Prices Ease first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dipankar Bhattacharya The outcome of the five Assembly elections held in November has proved almost all opinion polls and ground reports wrong. Even the few exit polls that predicted a thumping BJP victory in Madhya Pradesh gave the Congress a comfortable majority in neighbouring Chhattisgarh. The clean BJP sweep of Rajasthan, Madhya Pradesh and […]

The post Congress Has Performed Much Better In State Polls Compared To 2019 first appeared on Latest India news, analysis and reports on

By Dr. Gyan Pathak Election result for Chhattisgarh Legislative Assembly reveals that the electorates in Chhattisgarh have driven the Congress and the BJP towards a tougher contest for Lok Sabha election 2024 by reducing the difference in their shares in total votes polled to merely 4.04 per cent from 9.94 per cent in the Lok […]

The post Chhattisgarh Poll Results Drive Congress And BJP For A Stiff Contest In 2024 first appeared on Latest India news, analysis and

By Sushil Kutty The first thing Prime Minister Narendra Modi did after cornering three states in the ‘Hindi heartland’ was to address Indian Navy personnel on Navy Day and proclaim that ranks in the Indian Navy will be renamed so that the ranks reflected Indian culture. The uniforms of sailors and officers of the Indian […]

The post Are The Uniforms Of Indian Navy Personnel Being Changed To Suit The BJP first appeared on Latest India news, analysis and

By Girish Linganna Israel has conflicting goals of neutralizing Hamas and rescuing its civilians kidnapped during the October 7 storming of its territory in a surprise—and vicious—attack after they broke through the heavily guarded perimeter fence, landing by sea and using paragliders, killing about 1,200 people and taking 240 hostage. In order to achieve both […]

The post Israel And Hamas Have Different Objectives About What To Achieve During Truce first appeared on Latest India news, analysis and reports

Trinamool Congress might skip the upcoming meeting of the opposition’s INDI alliance on December 6 as party supremo Mamata Banerjee on Monday said she was not aware of any such meeting. While addressing the media on Monday, the West Bengal Chief Minister said that her party was unaware that the INDIA grouping is planning to […]

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The Bhitarwar seat in the Gwalior-Chambal region of Madhya Pradesh had never been won by the Bharatiya Janata Party in the past 20 years. This time, after the entry of Jyotiraditya Scindia into the saffron camp, the BJP finally bagged the constituency. A Scindia supporter, Mohan Singh Rathore, defeated a four-time Congress MLA. Jyotiraditya Scindia […]

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The Enforcement Directorate (ED) has received a notarised copy of an 11-page statement from Subham Soni, one of the prime accused in the Mahadev online betting app case that originated from Chhattisgarh. Soni, who is allegedly one of the promoters of the betting app, is currently in Dubai. The statement reached the ED last month […]

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Will Chhattisgarh have its first woman chief minister? After the Bharatiya Janata Party’s unprecedented electoral win, the state is abuzz with the question. The reason is the record that Chhattisgarh has set by sending the maximum number of female representatives to the assembly this year. As per official data, 19 women MLAs will represent their […]

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NEW DELHI: The government has firmed up a plan to remove the bar on personal guarantors to transfer or dispose of their assets under the insolvency resolution process, according to an official source. This is despite the Supreme Court upholding the constitutionality of the moratorium. The move by the ministry of corporate affairs (MCA) is […]

The post Quicker Action On Assets Of Personal Guarantors Soon first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Domestic rating agency Icra on Monday said the Indian IT sector’s revenue growth will inch up to over 6 per cent in 2024-25 from 3-5 per cent estimated for the ongoing financial year. The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue […]

The post IT Sector Growth To Inch Up To 6 Per Cent In FY25, Hiring To Be Moderate For 3 Quarters: ICRA first appeared

NEW DELHI: State-owned BSNL is looking to deploy at least 4% of its total staff strength of around 54,000 on enhancing enterprise services, company sources said. Currently only 1.8% of the staff are deployed for the purpose. This is because BSNL has seen a fall in revenue from the enterprise business in the last two […]

The post BSNL To Sharpen Focus On Enterprise Business first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India’s corporate bond market is expected to more than double from Rs 43 trillion in Financial Year 2022-23 (FY23) to Rs 100-120 trillion by FY 2030, said a report by CRISIL Ratings on Monday. The market is expected to expand at a compound annual growth rate (CAGR) of 9 per cent over the years. […]

The post Corporate Bond Market Set To Double By FY2030 At Rs 100 Trillion: Report first appeared on Latest India news, analysis and

NEW DELHI: The greater scrutiny of proposals from countries sharing land borders with India particularly China since 2020 has not impacted the interest of investors. Applications seeking approval for over Rs 1 trillion investments have been filed since these curbs were imposed, and almost half of them got approved, a senior official said. In 2020, […]

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MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]

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NEW DELHI: The combined market valuation of nine of the top-10 most valued firms climbed Rs 1,30,391.96 crore last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per

NEW DELHI: The Government has received foreign direct investment (FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far, a top official said. The remaining are either pending or withdrawn or rejected by the government. In April […]

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NEW DELHI: More than seven years after the launch of pan-India digital wholesale agri-marketing platform or electronic National Agriculture Market (e-NAM), purchase from farmgate trade has finally taken off across several states. Farmers are selling commodities on the platform without physically transporting it to the mandis. Using farm-gate module, farmers in 11 states including Andhra

NEW DELHI: Direct tax receipts will likely show a robust performance for the third year in a row post-pandemic, giving enough space to the Centre to keep the fiscal deficit within the targeted limit. This is despite additional spending expected on food, fertiliser and job guarantee programmes, and a lower than expected growth in nominal […]

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By Harihar Swarup The results of the assembly elections to the five states announced on December 3 and 4 led to many winners and losers for the time being. All of them will be getting another chance to prove their mettle in the 2024 Lok Sabha elections. Narendra Modi: Modi was the face of BJP’s

New Delhi: State-owned Coal India Limited (CIL) is set to boost its coal transportation network by completing several railway projects by 2025, aiming to increase its coal evacuation capacity in response to the country’s energy demand. Among the projects, the Tori-Shivpur New BG Double line, running 43.70 km, has been operational since December 2019

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 […]

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NEW DELHI: Indian Oil Corporation (IOC), the nation’s top oil firm, has revised the estimates of cost of expanding the Panipat refinery in Haryana by 10 per cent to Rs 36,225 crore and pushed back completion deadline by more than a year to December 2025. IOC is expanding its 15 million tonnes a

NEW DELHI: As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has […]

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By Nitya Chakraborty Let us call the spade a spade. The results of the five state assemblies announced on December 3 and 4 are sending ominous signals to the anti-BJP opposition just four months before the Lok Sabha elections due in April/May 2024. To be frank, the final results leading to the defeat

By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]

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By Kalyani Shankar After the Five States Assembly poll results, speculation about who the new chief ministers will be is rife. The BJP has won three states and the Congress one. In Mizoram, the XDF has won defeating the ruling MNF. Although the B.J.P. has strengthened itself in the North, it has yet to

The assembly poll results, which handed a 3-1 win to the BJP and Congress respectively, have cast a shadow on the future of the Grand Old Party in the opposition bloc. Partners of INDIA have begun training guns on the Congress, with the Trinamool Congress — a prominent player — slamming the party for its […]

The post Poll

Anti-incumbency, non-delivery of promises, overplaying the Telangana sentiment, corruption charges and overconfidence define how the ruling Bharat Rashtra Samithi (BRS) lost Telangana for the first time since the inception of the state in 2014. Since its formation, BRS, formerly known as the Telangana Rashtra Samithi (TRS), has fought elections while capitalising on the Telangana sentiment. […]

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Shiv Sena (UBT) leader Sanjay Raut on Sunday said that the outcome of the Madhya Pradesh assembly elections would have been different had the Congress shared some seats with constituents of the INDIA bloc. He also said the grand old party should revisit its outlook towards allies recalling that it was Kamal Nath who had […]

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The results of Assembly polls yesterday show that “people have rejected negativity”, Prime Minister Narendra Modi said this morning, urging the Opposition “not to vent the frustration of defeat” inside the Parliament. The Prime Minister was addressing the media ahead of the Winter Session of Parliament. “I request all MPs to come to Parliament with […]

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