Category: World

By K Raveendran Chief Justice D Y Chandrachud’s call for an end to the ‘adjournment culture’ in the functioning of the courts could not have come a day sooner. “In the near future, we must address structural issues affecting the judiciary such as the pendency of cases, our archaic procedures, and the culture of adjournments,” […]

The post Culture Of Adjournments Helps The High And Mighty To Hijack Judicial System first appeared on Latest India news, analysis and reports

By Girish Linganna Artificial intelligence has made tremendous strides in recent years—from beating human champions at chess to revolutionizing self-driving cars and setting up life-like virtual assistants. Now, AI is putting its creative hat on and venturing into the world of content generation. While AI shows great promise for automating routine, and mundane, writing tasks […]

The post AI-Generated Content Holds Promises As Well As Perils first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: There is no change in the Budget script as far as Kerala is concerned. It has been an unredeeming tale of severe neglect from the Union Government, repeated ad nauseum over the years. For once, both the ruling Left Democratic Front (LDF) Government and the Congress-led opposition United Democratic Front (UDF) […]

The post Raw Deal Again To Kerala In 2024-25 Union Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: This budget demonstrates the confidence that the government’s structural reforms over the last 10 years, including the Covid-related actions, have set the economy on a sustainable growth path, chief economic adviser V Anantha Nageswaran said. The next-generation reforms alluded to by FM Sitharaman in her budget speech were nothing out of the ordinary […]

The post Thrust Is On Letting Economy Grow On Its Own Momentum: Chief Economic Advisor first appeared on Latest India news, analysis and

NEW DELHI: Setting a high annual disinvestment target can potentially create an “overhang in the market” and could be detrimental to the value creation strategy of central public sector enterprises (CPSEs) concerned, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said on Friday. In an interview to ET, he said the […]

The post High Selloff Target Can Potentially Create Overhang In The Market, Says DIPAM Secretary first appeared on Latest India news, analysis and

NEW DELHI: The revamped solar rooftop scheme announced by Prime Minister Narendra Modi which also found a mention in Finance Minister Nirmala Sitharaman’s Interim Budget speech will be implemented by the public sector utilities (PSUs) of the power ministry across all states, Union Power Minister R K Singh said here on Friday. Calling it the […]

The post Power PSUs To Implement Pm Suryodaya Yojana: Power Minister R K Singh first appeared on Latest India news, analysis and reports

MUMBAI: After touching an all-time high of Rs 3.4 trillion last month, the liquidity deficit in the banking system has started to ease. The liquidity deficit declined to Rs 2.4 trillion on Thursday, reflecting a fall of around Rs 1 trillion, according to the Reserve Bank of India data. Experts say that the days of […]

The post Liquidity Deficit Eases To Rs 2.4 Trillion After December High first appeared on Latest India news, analysis and reports on IPA

Union finance minister and senior BJP leader Nirmala Sitharaman on Friday hit out at opposition parties like the Dravida Munnetra Kazhagam (DMK) as well as its ally Congress for their “anti-Hindu” and “separatist” views. During an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi a day after presenting the Interim Budget in Parliament, the minister […]

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Calling himself a ‘proud Indian’, Congress MP DK Suresh has issued a clarification for his “separate country for South India” remark, saying the intention behind his statement was to bring to notice the “injustice in funds distribution” by the BJP-led central government. DK Suresh landed on soup over an alleged warning of a separate southern […]

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West Bengal Chief Minister Mamata Banerjee on Friday challenged the Congress to take on the Bharatiya Janata Party (BJP) in the Hindi heartland states while doubting the ability of the grand old party to secure ‘even 40 seats’ in the upcoming Lok Sabha election, hours after Rahul Gandhi expressed optimism about resolving the seat-sharing

Maintaining that the INDIA alliance is for the 2024 Lok Sabha elections and not for assembly polls in any state, the Congress on Friday asserted that the opposition bloc of 27 parties exists and will fight together. Bihar Chief Minister Nitish Kumar-headed JD(U) recently joined the BJP-led NDA leaving the opposition bloc, making it a […]

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Following strikes in Iraq and Syria, US President Joe Biden released a statement saying that the US does not seek a conflict in the Middle East but if any American is harmed, the country will respond. US President’s strong remark came in response to heightened tensions in the Middle East. The United States has initiated […]

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Samajwadi Party leader Ram Gopal Yadav on Friday said the Congress and the Akhilesh Yadav-led party have finalised their seat-sharing agreement in Uttar Pradesh. SP will declare more candidates soon for the upcoming Lok Sabha elections. Asked whether the Congress can go with the Bahujan Samaj Party (BSP) in UP, Yadav said the two parties have […]

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West Bengal Chief Minister Mamata Banerjee started a dharna in Kolkata on Friday, demanding the state’s ”dues” from the Centre for various social welfare schemes. Banerjee along with TMC party leaders started that the demonstration in front of BR Ambedkar’s statue located in the Maidan area of the city. The chief minister has been claiming […]

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NEW DELHI: Shares of state-owned HUDCO zoomed 20 per cent higher on Thursday after Finance Minister Nirmala Sitharaman announced building 2 crore more houses for the rural poor in the next five years. These 2 crore houses will be built under the PM Awas Yojana (Grameen). The stock surged 19.99 per cent to close at […]

The post HUDCO Stock Zooms 20 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark equity indices were on fire on Friday, with the Nifty hitting its all-time high level, tracking a rally in global markets along with buying in Reliance Industries, Infosys and ICICI Bank. A day after the presentation of interim budget, the Nifty jumped 429.35 points to reach its lifetime peak of 22,126.80. The 30-share […]

The post Nifty hits all-time high level; Sensex jumps over 1,400 points first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: The government has extended the customs duty exemption given to vessels engaged in laying submarine cables to September 30, giving relief to the telecom sector. The exemption was coming to an end on March 31. Industry body Cellular Operators Association of India (COAI) has lauded the move as telecom companies depend heavily on […]

The post Govt Extends Customs Duty Exemption To This Key Telecom Sector Segment first appeared on Latest India news, analysis and reports on

NEW DELHI: The government has proposed increasing the investment of eight state-owned power companies by nearly 14 per cent to Rs 67,286.01 crore during financial year 2024-25. This compares to an investment of Rs 59,119.55 crore for the current financial year under revised estimate. The annual investment by these eight power sector firms for the […]

The post Public Sector Power Companies Investment To Rise 14 Per Cent first appeared on Latest India news, analysis and reports on IPA

KOLKATA: Several industry captains on Thursday lauded the interim budget, stating that it will support the country’s economic growth and enhance investors’ sentiments. ITC Ltd Chairman and MD Sanjiv Puri said the budget demonstrates India’s confidence as an economy of substance and immense promises. “The budget builds on the extraordinary vision of the prime minister […]

The post Interim Budget To Support Growth, Enhance Sentiment: Industry Captains first appeared on Latest India news, analysis and reports on IPA Newspack.

WASHINGTON: The US has announced a steep increase in fees for various categories of non-immigrant visas like the H-1B, L-1 and EB-5, the most popular among Indians. The fee hike, first after 2016, will come into force from April 1. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers […]

The post US Hikes H-1B, EB-5 Visas Fees first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak “Our Prime Minister firmly believes, we need to focus on four major castes,” said Union Finance Minister Nirmala Sitharaman in her Interim Union Budget 2024-25 speech – Garib (poor), Mahilayen (women), Yuva (youth), and Annadata (Farmer). Their needs, their aspirations, and their welfare are our highest priority, she claimed. However, in […]

The post Workforce, Women, And Youth Met A Raw Deal In The Interim Union Budget first appeared on Latest India news, analysis and

By Satyaki Chakraborty The European Union nations which talk of liberty and democracy and consider themselves as superior to others including the US in terms of protection of human rights have shown their true colour in the current Israel-Hamas war which is continuing for nearly four months. More than 27,000 people have been killed by […]

The post Europe Acts As Lackey Of Washington As Gaza Killings Cross 27,000 first appeared on Latest India news, analysis and reports on

By Sushil Kutty After Hemant Soren, will it be the turn of Arvind Kejriwal. Both of them Chief Ministers who became targets of the Enforcement Directorate. The Jharkhand Chief Minister got arrested and had to resign. Hemant Soren says he will fight to win; fighting words, but the writing is on the wall. Problem is, […]

The post Will Arvind Kejriwal Be The Next On The Pattern Of Hemant Soren? first appeared on Latest India news, analysis and reports

By Girish Linganna The interim Budget 2024 has not made mention of any measure or recommendation to address the very serious bottleneck that has been gripping India’s maritime trade for weeks now—the Red Sea crisis! This crisis is also known as the United States-Iran proxy war that began on October 19, 2023, when the Houthis […]

The post 2024-25 Budget Is Silent On India’s Maritime Preparedness To Deal With Red Sea Crisis first appeared on Latest India news, analysis

NEW DELHI: When Union Finance Minister Nirmala Sitharaman rose to present the Interim Budget on Thursday, it was an open question as to whether it would focus on consolidating the gains made in recent years on fiscal consolidation, or move towards full-throated populism in anticipation of general elections in the next few months. The answer […]

The post FM Sitharaman’s Interim Budget Is High On Confidence, Not On Populism first appeared on Latest India news, analysis and reports on

NEW DELHI: Finance Minister Nirmala Sitharaman set a target for raising Rs 50,000 crore through divestment receipts and monetisation of public assets in the financial year 2024-25. However, the government, for the first time, did not reveal the specific target for divestment for the next fiscal year. The receipts from asset monetisation, along with proceeds […]

The post Interim Budget: Disinvestment, Monetisation Target Set At Rs 50,000 Crore first appeared on Latest India news, analysis and reports on IPA

With an ambitious goal of becoming a $5-trillion economy, India is at the crossroads of massive transformation. The Government of India’s visionary Viksit Bharat@2047 initiative augers well for the nation that could not be more ready to become a developed powerhouse by the centenary of India’s independence. The Interim Budget 2024 is aligned with the […]

The post Interim Budget: Focus On Infrastructure Growth Sets Stage For Viksit Bharat first appeared on Latest India news, analysis and reports on

Industry leaders and leading tax consultants have expressed surprise over non-extension of the sunset date of the concessional tax rate of 15% on new manufacturing units beyond March 31, 2024 in the interim Budget, as this may discourage fresh private investments, say experts. “Considering the continuing need to incentivise manufacturing in India and the support […]

The post Non-Extension Of 15 Per Cent Tax For New Manufacturing Units May Discourage Fresh Investments first appeared on Latest India news, analysis

The ’Bharat Jodo Nyay Yatra’ led by Congress leader Rahul Gandhi entered Murshidabad district in West Bengal on Thursday. The first phase of the yatra in West Bengal concluded on Monday, as it entered Bihar from Islampur. It re-entered West Bengal on Wednesday through Debipur, Ratua in Malda district in the northern part of the […]

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NEW DELHI: Ahead of the Interim Budget for FY25, the fiscal deficit touched 55 per cent (Rs 9.8 trillion) of the full-year target for the April-December period of FY24, data by the Controller General of Accounts (CGA) on Wednesday showed. The fiscal deficit was marginally lower at Rs 9.9 trillion, recorded during the corresponding period […]

The post At Rs 9.82 Trillion, April-December Fiscal Deficit 55% Of Govt’s Annual Target first appeared on Latest India news, analysis and reports

MUMBAI: The current account savings account (CASA) deposit ratio of private sector banks declined more than that of public sector banks (PSBs) in the past year due to a stronger demand for credit and an increased preference for term deposits. According to data from CareEdge Ratings, the share of CASA deposits to total deposits of […]

The post Private Sector Banks’ CASA Deposits Ratio See Sharper Drop Than PSBs first appeared on Latest India news, analysis and reports on

By Anjan Roy The interim budget presented on February 1 is a hopeful document, pinning its faith on the continued buoyancy of the Indian economy. At the outset, the finance minister, Nirmala Sitharaman, should be complimented for presenting the shortest and a crisp budget speech, instead of a meandering one of at least one and […]

The post Sitharaman’s Interim Budget 2024-25 Is Focused And Future-Centric first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Finance Nirmala Sitharaman’s interim budget speech sounded like a well-crafted compendium of compliments to Prime Minister Narendra Modi. It was as though she was singing her swan song, and an ode to the greatness of her mentor, rather than on what the government planned to do in the days ahead. It also […]

The post Nirmala Sitharaman’s ‘Swan Song’ Budget Speech Is Virtually An Ode To Modi first appeared on Latest India news, analysis and reports

While BJP leaders called the Interim Budget 2024-25 “encouraging” and “empowering”, opposition leaders expressed disappointment calling it an “anti-people budget”. The key highlights of the Interim Budget 2024-25 include “no changes” to the taxation system — both direct and indirect — including import duties. FM Sitharaman said that the “target is to reduce the fiscal […]

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