Category: World

By Nitya Chakraborty On June 21, 1991, the 70-year-old Congress veteran P V Narasimha Rao took oath as the Prime Minister of a minority government amidst massive political uncertainty over its longevity. The Congress had got only 232 seats as against the usual majority of 272 in the Lok Sabha with the total strength of […]

The post Bharat Ratna, P V Narasimha Rao Carried Out A Surgical Operation On Indian Economy In 1991 first appeared on Latest India

Ahead of the upcoming Lok Sabha elections 2024 and simultaneous state polls, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy paid a visit to Prime Minister Narendra Modi in Delhi on Friday. The meeting holds significance from an electoral perspective as it comes less than 24 hours after Telugu Desam Party (TDP) chief N Chandrababu […]

The post BJP weighs

Just ahead of Lok Sabha elections, Prime Minister Narendra Modi is on a Bharat Ratna spree, awarding India’s highest civilian award to LK Advani, Karpoori Thakur, Chaudhary Charan Singh, Narasimha Rao and MS Swaminathan. While three Bharat Ratna awards are allowed per year, there have been many years in between when India’s most coveted civilian […]

The post Modi’s

For at least eight MPs cutting across party lines, it was a pleasant surprise on Friday afternoon when they received a call from the Prime Minister’s Office saying PM Narendra Modi wanted to meet them in Parliament. Amongst the MPs was Union Minister L Murugan, BJD Rajya Sabha MP Sasmit Batra, senior Lok Sabha MP […]

The post <a

Sharmistha Mukherjee, the daughter of former President Pranab Mukherjee on Friday wrote an open letter to Congress leader Rahul Gandhi alleging the “vicious trolling” by party leaders and supporters against herself and the senior politician in recent days. “Since the publication of my book ‘Pranab My Father: A Daughter Remembers’ a month back, I and […]

The post <a

NEW DELHI: Tata Power on Friday posted a marginal increase of 2 per cent in its consolidated net profit at Rs 1,076 crore in December 2023 quarter. Its consolidated net profit was Rs 1,052 crore in the quarter ended on December 31, 2022, a company statement showed. Total revenues also rose to Rs 14,841 crore […]

The post Tata Power Net Profit Rises To Rs 1,076 Crore In Q3 first appeared on Latest India news, analysis and reports on

MUMBAI: Reserve Bank Deputy Governor M Rajeshwar Rao on Friday said it is uncharacteristic of non-bank lenders to seek bank licences when they are already enjoying some regulatory advantages. Addressing a conference on non-bank finance companies (NBFCs) organized by CII, Rao also hit out at certain microlenders for “misusing” the liberty offered by the regulator […]

The post Uncharacteristic Of NBFCs To Seek Bank Licences: RBI first appeared on Latest India news, analysis and reports on IPA Newspack.

By Annie Domini At the moment of writing this column, over 160 million views have been garnered on the social media platform X (formerly Twitter) in a span of 24 hours by what’s now being touted as the most definitive interview of the decade, that of Russian President Vladimir Putin by the American journalist Tucker […]

The post President Vladimir Putin’s Interview With Tucker Carlson Is A Geopolitical Milestone first appeared on Latest India news, analysis and reports on

NEW DELHI: India-Canada trade in goods was $8.2 billion in the first 10 months of 2023 as against $6.9 billion in 2022, registering a growth of 18.84 per cent, according to the government data provided in Lok Sabha on Friday. India’s exports to Canada in 2023 (January to October) was $4.1 billion as against $3.76 […]

The post India-Canada Trade Registers Growth Of 18.84% In 2023: Govt Data first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: Foreign Direct Investment (FDI) worth Rs 5077 crore has been reported by companies operating in the defence sector, the defence ministry said in Lok Sabha on Friday. The data was provided by Minister of State for Defence Ajay Bhatt while replying to a question. The defence industry sector was opened up in May […]

The post Rs 5077 Crore FDI Reported By Companies Operating In Defence Sector: Government first appeared on Latest India news, analysis and reports

NEW DELHI: The centre has released about Rs 15,948 crore under different schemes in the last five years till January 31 to various sugar mills to improve their liquidity for clearing cane price dues of farmers, Parliament was informed on Friday. Minister of State for Commerce and Industry Anupriya Patel said the central government, with […]

The post Centre Released Rs 15,948 Crore To Sugar Mills In Last 5 Years first appeared on Latest India news, analysis and reports

NEW DELHI: State-owned Energy Efficiency Services Ltd (EESL) has inked initial pacts worth Rs 500 crore with key state bodies and industry partners at the India Energy Week, to formulate a framework for longstanding collaboration in key areas of energy efficiency. Ladakh Autonomous Hill Development Council, Leh (LAHDC), and Vidhya Pratishthan have partnered with EESL, […]

The post EESL Inks Rs 500 Crore Pacts With State Bodies, Industry Partners first appeared on Latest India news, analysis and reports on

NEW DELHI: After repeated criticism of project planning in several infrastructure projects, the Ministry of Road Transport and Highways on Friday revised the framework of evaluating bids for project plans prepared by consultants for National Highway projects. Under the new framework, deficiencies in the work done by consultants will feature prominently in the bid evaluation […]

The post Technical Norms For Road Planners Get Stricter, To Get Higher Priority first appeared on Latest India news, analysis and reports on

BETUL, GOA: Public sector refiner and fuel retailer Hindustan Petroleum Corporation (HPCL) plans to start commercial production of fuels at India’s newest refinery in Rajasthan’s Barmer city by January 2025. The refinery-cum-petrochemicals complex, being built at a cost of nearly Rs 73,000 crore, will have a crude processing capacity of 9 million tonnes per annum […]

The post HPCL’s Rs 73,000-Crore Rajasthan Refinery Likely To Start Operations By January 2025 first appeared on Latest India news, analysis and reports

MUMBAI: Ahead of Indian sovereign debt’s inclusion in global bond indices, some banks have on behalf of their overseas clients requested the Reserve Bank of India to permit international electronic trading platforms to execute trades in domestic government securities in order to ease market access. “Following JP Morgan’s decision to include Indian bonds in their […]

The post Allow Foreign Electronic Trading Platforms To Execute Trades In G-Secs: Banks To RBI first appeared on Latest India news, analysis and

NEW DELHI: India continues to be a preferred destination for foreign direct investment (FDI) despite soaring global interest rates, commerce and industry minister Piyush Goyal said Friday. The hardening of interest rates had led to capital flowing back to developed nations. “That was a period where one would have imagined a much deeper impact on […]

The post India Bright FDI Spot On Global Map Despite Rates Soaring Worldwide first appeared on Latest India news, analysis and reports on

By Dr. Gyan Pathak ‘White Paper’ is a document containing information about pressing issues before the government explaining their plans before their introduction. It is therefore absurd and ridiculous for a government to issue a white paper, after a delay of 10 years while it slept, at a time when its term is set to […]

The post Modi Govt’s White Paper On UPA Regime Is Full Of Distortions And Cherry Picking Of Data first appeared on Latest India

After sealing the deal in the eastern state of Bihar with JD(U), the BJP is well on track to tie up with parties across the country in the bid to secure a historic win in the upcoming Lok Sabha polls. Top party sources told News18 that talks are currently underway with the RLD, TDP and […]

The post <a

The Lok Sabha is holding a 12-hour discussion on the ‘White Paper’ presented by Finance Minister Nirmala Sitharaman today. The document highlighted the corruption, scams, economic mismanagement and poor policy planning in the United Progressive Alliance (UPA) government. Nirmala Sitharaman tabled the White Paper in the House in both Hindi and English languages. While it […]

The post Lok Sabha

It’s black versus white – the colour code for the upcoming Lok Sabha elections. As the BJP-led Centre released a white paper on the previous UPA government’s economic mismanagement of 10 years, the Congress countered it early on Thursday with a “black paper”. Released by national president Mallikarjun Kharge, the Congress called the document ‘10 […]

The

Samajwadi Party (SP) general secretary Swami Prasad Maurya has once again stirred up a controversy by raising questions on the consecration ceremony at the Ram temple in Ayodhya. Maurya’s statement in the Uttar Pradesh legislative council on Wednesday drew sharp criticism by Deputy Chief Ministers Keshav Prasad Maurya and Brajesh Pathak, while SP leaders also […]

The post SP

Violence in Uttarakhand’s Haldwani while officials were demolishing an illegal mosque and madrasa resulted in the deaths of 4 people. The clash led to injuries to over 50 policemen, with several administration officials, municipal workers, and journalists also caught in the crossfire. Shoot-at-sight orders have been issued in Haldwani and internet services completely shut down […]

The post Uttarakhand official

BETUL, GOA: In the next seven years, India is poised to become the primary source of global oil demand growth, even as its domestic production is projected to decrease by 22 per cent, according to the latest projections by the International Energy Agency (IEA). These divergent trends are anticipated to have major implications for the […]

The post India Will Be World’s Biggest Oil Demand Growth Driver Through 2030: IEA first appeared on Latest India news, analysis and reports

India’s power exchange market is set to undergo an experimental phase as the Central Electricity Regulatory Commission (CERC) has directed a shadow pilot study on market coupling, aiming to enhance market efficiency and optimize transmission infrastructure. The proposed shadow pilot study aims to couple the Real-Time Market (RTM), RTM with Security Constrained Economic Dispatch (SCED), […]

The post CERC Initiates Pilot Study On Power Market Coupling first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The Kerala chief minister, Pinarayi Vijayan, the entire cabinet and all the MLAs and MPs of the Left Democratic Front sat in protest at Jantar Mantar in New Delhi on February 8. The sit-in was to highlight the central government’s discriminatory attitude to Kerala and the hostile actions of the centre to […]

The post Kerala LDF Govt Is Fighting The Centre Against Its Discriminatory Policy To The State first appeared on Latest India news, analysis

NEW DELHI: In what could be seen as a policy shift, Prime Minister Narendra Modi on Wednesday said the central public sector undertakings (CPSEs) had gained in strength over the last decade, with “most of them giving record returns (dividends and rise in valuation)” to the stakeholders. Investors have reposed their faith in CPSEs, thanks […]

The post CPSEs Stronger, Giving Record Returns: PM first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The much-contested question whether a private investment cycle has commenced and becoming broad-based still has economists divided. The private sector is witnessing “record-profits” and so, should feel comfortable in making investments in the economy, Sanjeev Sanyal, member, Prime Minister’s Economic Advisory Council told FE, while adding that there is adequate evidence that corporate […]

The post Economists Divided On Revival Of Private Capex first appeared on Latest India news, analysis and reports on IPA Newspack.

India will oppose any move by the developed world to get any non-trade issue like labour and environmental standards included in the formal talks at the World Trade Organisation (WTO) during the 13th ministerial conference of the global trade regulating body scheduled this month-end at Abu Dhabi. Developed countries are also pushing to include issues […]

The post India To Oppose Inclusion Of Non-Trade Issues In WTO Agenda first appeared on Latest India news, analysis and reports on IPA

Oil India aims to spend Rs 6,000 crore in the exploration and production of oil and gas in the financial year 2024-25, Harish Madhav, the company’s director of finance, said in an interview. “For the next financial year, the investment target is close to Rs 6,000 crore. Depending on the requirement, we can invest more,” […]

The post Oil India To Invest Rs 6,000 Crore On Exploration And Production In FY25 first appeared on Latest India news, analysis and

India’s central bank today left its inflation forecast for this fiscal year unchanged at 5.4%, despite food price rise concerns, uncertainty around crude costs even amidst a recent slump and chances of domestic growth momentum creating demand pressure on inflation. The Reserve Bank of India left the inflation aim unchanged at 5.4% and expects it […]

The post Reserve Bank Leaves Inflation Projection For FY24 Unchanged At 5.4% first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: India is close to finalising a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier trade access to the world’s most populous nation, according to people with knowledge of the matter. The European Free Trade Association, which […]

The post Govt Eyes Deal With EU Countries That Could Draw $100 Billion Investment first appeared on Latest India news, analysis and reports

MUMBAI: Advent International, the US private equity firm behind some of the biggest leveraged buyouts and conglomerate carve-outs, including the €17.2-billion acquisition of Thyssenkrupp’s elevator business in 2020 along with co-investors and the €1.8 billion joint takeover of Royal Bank of Scotland’s payments business, Worldpay, believes India is among the world’s most attractive markets where […]

The post Advent Looking To Deploy $5 To $10 Billion In India Over The Next Five Years first appeared on Latest India news,

MUMBAI: Leading up to its next policy announcement, the Reserve Bank of India (RBI) has stepped up liquidity draining operations, signalling that while the central bank may tolerate overnight rates aligning with the repo rate after six months, it is not comfortable with financial conditions turning any easier than that. Over the past four days, […]

The post RBI Steps Up Auctions To Drain Liquidity first appeared on Latest India news, analysis and reports on IPA Newspack.

The Election Commission of India (ECI) on Wednesday approved the name ‘Nationalist Congress Party-Sharadchandra Pawar’ for the Sharad Pawar faction after his group lost the name and symbol of the party he floated in 1999 to his nephew, Ajit. On Tuesday, the poll body said that the group led by Ajit Pawar – the nephew […]

The post