Category: World

A key meeting of the BJP’s newly-elected 54 MLAs in Chhattisgarh to pick the legislative party leader will be held here on Sunday which is likely to end the suspense over who will be the next chief minister. “The BJP’s legislative party meeting will take place on Sunday. The party’s three observers – Union ministers […]

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NEW DELHI: To curb retail food prices, the government has announced a host of measures including ban on export of onion till the end of current fiscal, duty-free import of yellow peas, additional limits on stocking of wheat and allocation of additional quantities of the grain under the open market sale to bulk buyers from […]

The post Government Pays Heed To RBI, Moves To Rein In Food Prices first appeared on Latest India news, analysis and reports on

NEW DELHI: Capital markets regulator Sebi is looking to create a new asset class — which lies between mutual funds and portfolio management services (PMS) — and the new product can cater to high-risk investors, its chief Madhabi Puri Buch said on Friday. The Sebi chief said that there is a spectrum of asset classes […]

The post SEBI Considering To Create New Asset Class first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Fair trade watchdog CCI is conducting a market study to assess the impact of artificial intelligence on the competition landscape, the regulator’s chief Ravneet Kaur said on Friday. In recent times, there has been an increasing use of artificial intelligence (AI) applications in several sectors. “We are doing a market study on artificial […]

The post CCI Conducting Market Study On Artificial Intelligence first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) Friday held interest rates and its monetary policy stance for the fifth consecutive review meeting on moderating price pressures, but signaled that rates will remain elevated to ensure consumer inflation retreats toward the central bank’s legally mandated target. It also bumped up the economic growth forecast for FY24 […]

The post RBI Holds Rates Again, Bumps Up FY24 Growth Forecast To 7 Per Cent first appeared on Latest India news, analysis and

NEW DELHI: The Centre is working to institutionalise global cultural initiatives and develop a modern system on the lines of similar events in Venice, London and Sao Paulo, Prime Minister Narendra Modi said on Friday while inaugurating the inaugural edition of the Indian Art, Architecture and Design Biennale from the ramparts of the iconic Red […]

The post Govt Working To Institutionalise Global Cultural Initiatives: PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: In a move to enhance security, integrity and privacy of financial sector data and bring transparency on fintechs in the country, the Reserve Bank of India (RBI) is set to establish a cloud facility and a repository for capturing information on fintech firms. The Indian Financial Technology and Allied Services (IFTAS), a wholly-owned subsidiary […]

The post RBI Plans Cloud For Financial Data, Repository For Fintech Information first appeared on Latest India news, analysis and reports on IPA

Assam Chief Minister Himanta Biswa Sarma on Friday rained down on advocate Kapil Sibal over his ‘Assam was a part of Myanmar’ remark during a hearing in the Supreme Court. “Those who have no knowledge of Assam’s history should not speak. Assam was never a part of Myanmar. There were clashes for a brief period. […]

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Communist Party of India (CPI) state secretary Kanam Rajendran, 73 died at a private hospital following cardiac arrest on Friday at Amrita hospital. The veteran leader was undergoing treatment at the hospital for ailments including diabetes. The leader was admitted to the hospital on October 25 with multiple ailments, including an unhealed wound on his […]

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India’s economic growth can become faster if the much-awaited private capital formation kicks into higher gear, Chief Economic Advisor V Anantha Nageswaran said on Friday.Nageswaran said that post-COVID financial balance sheets of corporates have been positive.”For economic growth we need to have investment spending … India economic growth can become faster and accelerate if the […]

The post Private Investment Key To Sustaining High Economic Growth Rate: CEA Nageswaran first appeared on Latest India news, analysis and reports on

The central bank’s decision to keep the repo rate unchanged at its bi-monthly meeting on Friday may encourage potential buyers of homes, cars and durable products to take the sales plunge, executives at top companies said. “Today’s RBI monetary policy announcement is a good boost to industry confidence. The upward revision of GDP growth rate, […]

The post India Inc Says Rate Pause May Spur Demand first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Markets need to evolve more mechanisms to reward the States that are managing their fiscal responsibilities prudently, N K Singh, Chairman, 15th Finance Commission,  and President, Institute of Economic Growth, said. Today, the markets don’t really differentiate on the cost of borrowing between a profligate State and a prudent State. There is a […]

The post Markets Need To Find Mechanism To Reward Fiscally-Prudent States: NK Singh first appeared on Latest India news, analysis and reports on

NEW DELHI: The Ministry of Defence on Friday signed a contract worth Rs 588.68 crore with state-owned Telecommunications Consultants India Limited (TCIL) for a digital project of the Indian Coast Guard (ICG), which would enable centralised monitoring and management of deployed applications and assets. The “Digital Coast Guard (DCG)“ project was inked under the Buy […]

The post MoD Inks Rs 588 Crore Worth Pact With TCIL For Indian Coast Guard’s Digital Project first appeared on Latest India news,

By Sushil Kutty Delay in picking Chief Ministers for Madhya Pradesh, Chhattisgarh and Rajasthan is telling on the mental agility of claimants for the post in all three states. Look at outgoing Madhya Pradesh Chief Minister Shivraj Chouhan who can’t stand in one spot for more than an hour at a piece. He is all […]

The post Delaying Selection Of Chief Ministers Does Not Speak Well Of BJP Leadership first appeared on Latest India news, analysis and reports

By Harihar Swarup Finally, somebody has politically owned him—Vishwanath Pratap Singh, the 7th Prime Minister of India. Though he changed the course of Indian politics, and unleashed forces leading irreversibly to the rise and rise of OBCs, a process that is likely to influence the 2024 elections, the Mandal messiah, as “VP” was popularly called, […]

The post Former Prime Minister V P Singh Who Mandalised Politics, Has Become Relevant Again first appeared on Latest India news, analysis and

By Dr. Gyan Pathak December 10, 2023 is the 75th anniversary of the Universal Declaration of Human Rights and ILO Convention 87, yet we are far from achieving human dignity, freedom, and social justice for all, especially for the entire workforce. Intensified efforts to promote and protect the human and labour rights is thus imperative […]

The post Human Rights And Labour Advocacy Need To Be Intensified To Protect Workforce first appeared on Latest India news, analysis and reports

By Arun Srivastava The cat phrase “Modi Hai to Mumkin Hai” was proved correct by none else but Narendra Modi himself when he succeeded in his mission to have Mahua Moitra of TMC expelled from Lok Sabha by manipulating the parliamentary procedures and practices. In the history of the parliamentary politics this was for the […]

The post Mahua’s Unethical Expulsion From Lok Sabha Is Going To Strengthen INDIA Bloc first appeared on Latest India news, analysis and reports

Days after facing defeat in the recently concluded Assembly polls, the Congress party on Friday conducted separate review meetings over its dismal performance in Chhattisgarh, and Madhya Pradesh, and said that its defeat in the two states at the hands of the BJP was unexpected. The meeting was chaired by Congress president Mallikarjun Kharge at […]

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Trinamool Congress leader Mahua Moitra’s expulsion from Lok Sabha following an Ethics Committee report into the ‘cash for query’ charges against her has given much-needed ammunition to her party to raise the issue in the run-up to the 2024 polls. On Friday, as Moitra made her way out of Parliament, not just TMC MPs but […]

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Telangana BJP legislator T Raja Singh has refused to be administered his oath by AIMIM’s Akbaruddin Owaisi, who was appointed by the protem speaker of the state assembly. Singh, who won from Goshamahal in last month’s assembly elections, said none of the BJP lawmakers would take oath. In a video message, he said he would […]

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MUMBAI: The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life […]

The post Life Insurance Companies Clock A 25.28% Drop In Premiums, Shows Data first appeared on Latest India news, analysis and reports on

MUMBAI: Private sector banks have increased their share in term deposits to 35 per cent in the second quarter (Q2) of 2023-24 (FY24), up from 32 per cent in the fourth quarter (Q4) of 2022-23 (FY23). In contrast, public sector banks (PSBs) lost 200 basis points (bps) of their share in fixed deposits (FDs), declining […]

The post Private Sector Banks Increase Fixed Deposit Market Share: RBI Data first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: Hiring activity for white-collar jobs witnessed a 12 per cent on-year decline during October-November largely due to fall in recruitment trends in IT-Software, telecom and education sectors, a report said on Thursday. White-collar recruitment during October-November declined by 12 per cent with 2,433 job postings, compared to 2,781 during the corresponding months in […]

The post Hiring Activity For White Collar Jobs Dips 12 Per Cent During October, November: Report first appeared on Latest India news, analysis

NEW DELHI: India continues to be the fastest-growing major economy, with all sectors contributing significantly, finance minister Nirmala Sitharaman said Thursday. She flagged India’s manufacturing growth, citing India’s mobile phone and passenger vehicle exports. “The second-quarter growth was very high — it is the highest in the world,” Sitharaman said, replying to a short-duration discussion […]

The post Economy Gaining From Manufacturing Boost: Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Amid lingering concerns that the much-delayed private capex cycle may not have taken root yet, Corporate India on Thursday said with capacity utilisation in many sectors being 75-80% if not higher, a strong momentum in private investments was firmly around the corner. Pointing out that fresh investments have already started in many sectors, […]

The post Domestic Factors Conducive For New Capex Cycle: India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A series of steps are being taken by the government to curb retail food inflation. The Union food ministry on Thursday directed all sugar mills and distilleries to stop using sugarcane juice for the production of ethanol for the 2023-24 season, to ensure an adequate supply of sweetener for domestic consumption and prevent […]

The post Government Takes A Slew Of Steps To Curb Food Inflation first appeared on Latest India news, analysis and reports on IPA

By Sushil Kutty Prime Minister Narendra Modi says the BJP victories in Rajasthan, Madhya Pradesh and Chhattisgarh were because of ‘team spirit’ in the Bharatiya Janata Party. Is that so, who is the Prime Minister fooling? Team spirit is the last thing in the saffron party. Team spirit goes for a toss when everything that […]

The post No Trace Of ‘Team Spirit’ In BJP, Only Modi Eulogy And Hindutva first appeared on Latest India news, analysis and reports

By Rahil Nora Chopra The race has begun on who will be chosen as the I.N.D.I.A. bloc’s joint Prime Ministerial candidate. The JD(U) has repeated its demand to project Bihar Chief Minister Nitish Kumar as the PM face of the INDIA bloc against Prime Minister Narendra Modi in the 2024 Lok Sabha polls. Nitish has […]

The post Nitish, Mamata, Uddhav In Race For INDIA Bloc’s Pm Candidate Face first appeared on Latest India news, analysis and reports on

By Tirthankar Mitra Making no secret of any love being lost for each other, Trinamool Congress seeks to upstage BJP on what the saffron camp considers to be its sole preserve – religion. An outfit stated to be close to the ruling dispensation of West Bengal has planned to organise a Chandi Path programme days […]

The post BJP And TMC Competing In Bengal Over Gita Path And Chandi Path Before Lok Sabha Polls first appeared on Latest India

MUMBAI: The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes, aggregating to 250 basis points since May 2022. […]

The post RBI Retains Repo Rate At 6.5 Per Cent For Fifth Time In A Row first appeared on Latest India news, analysis

NEW DELHI: India has the potential to grow at 8 per cent as the country is labour-rich with enough institutional maturity of a functioning democracy, Niti Aayog vice chairman Suman Bery said on Thursday. Bery also cautioned that North India has not been doing well traditionally compared to South India, and this can create tensions […]

The post India A Labour Rich Country With Enough Institutional Maturity first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has banned exports of onion till March next year with a view to increase domestic availability and to keep prices in check. “Export policy of onions… Is amended from free to prohibited till March 31, 2024,” the Directorate General of Foreign Trade (DGFT) said in a notification. Local vendors in the […]

The post India Bans Onion Exports Till March Next Year first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday ruled out any “spectacular announcement” for her sixth budget on February 1 next year, saying it would just be a vote on account before the general elections. A full Budget for the 2024-25 fiscal would be presented in July next year by the new government elected after […]

The post No Spectacular Announcement In February Budget: Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

By Pradeep Kapoor LUCKNOW: Being the main opposition party in Uttar Pradesh, Samajwadi Party national president Akhilesh Yadav is on the driving seat of INDIA bloc. Much significance is being attached to the statement of Akhilesh Yadav that INDIA got more strength after recent assembly polls. Irrespective of poor performance in assembly polls by the […]

The post Seat Sharing Talks Among India Parties In Uttar Pradesh Will Face Many Hurdles first appeared on Latest India news, analysis and