Category: World

West Bengal Chief Minister Mamata Banerjee on Wednesday accused the Congress of teaming up with the CPI(M) to strengthen the BJP in the state in the upcoming Lok Sabha elections. Banerjee, who was speaking at a public distribution programme here, said the TMC decided to fight the upcoming polls alone in West Bengal after the […]

The post Mamata

The Congress on Wednesday hit back at Prime Minister Narendra Modi for accusing the opposition of causing disruptions in Parliament and said it is the BJP that indulged in “disrobing” of Parliament and posed a threat to democracy in the country. Congress president Mallikarjun Kharge said data from the past two decades show that most […]

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Curtains are finally down in Ranchi after a long push-and-pull between Hemant Soren, who resigned as Jharkhand Chief Minister shortly before his arrest on Wednesday, and the Enforcement Directorate in connection with the land scam case. Soren was arrested after a seven-hour-long interrogation and high drama over nominating his successor. Following a family feud, opposition […]

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NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday proposed tax benefits for start-ups and pension funds. The government has taken measures to promote start-ups in the country. As many as 1.17 lakh start-ups are recognised by the government so far. Under the Startup India Action Plan unveiled on January 16, 2016, the government provides tax […]

The post Budget 2024: Government Proposes Tax Benefits For Start-Ups, Pension Funds first appeared on Latest India news, analysis and reports on IPA

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday said there are no changes in tax rates for direct and indirect taxes, including import duties. She also said the number of tax filers has swollen 2.4 times and the direct tax collection has trebled since 2014. The processing time of tax returns has been reduced from […]

The post No Changes In Tax Rates For Direct, Indirect Taxes: FM first appeared on Latest India news, analysis and reports on IPA

MUMBAI: The Reserve Bank of India (RBI) on Wednesday barred Paytm Payments Bank from accepting fresh deposits and carrying out transactions from February 29 this year, citing “persistent non-compliance” and “material supervisory concerns”. In March 2022, the regulator barred Paytm Payments Bank from taking in new customers. The company, with One97 Communications as its parent, […]

The post RBI Bars Paytm Payments Bank From Carrying Out Transactions Starting February 29 first appeared on Latest India news, analysis and reports

NEW DELHI: India’s core sector grew at its slowest pace in 14-months in December at 3.8% from 7.9% in the previous month due to base normalisation and slowing activity in crude oil production and electricity generation, official data released Wednesday showed. The eight core industries that account for 40% of the index of industrial production […]

The post At 3.8%, Core Sector Growth Hit 14-Month Low In December first appeared on Latest India news, analysis and reports on IPA

By K R Sudhaman The interim budget 2024-25 presented ahead of the General elections in April-May is slightly different from previous interim budgets in the sense it made no major tax announcements keeping in line with the convention. What is significant is that the budget speech was short, less than an hour, and that it […]

The post Pre-Election Interim Budget 2024-25 Smacks Of Confidence Of Modi Govt first appeared on Latest India news, analysis and reports on IPA

By Dr. Gyan Pathak Interim Union Budget 2024-25 for railways neither generated much hope for betterment of railways operations nor services to its commuters, though Union Finance Minister Nirmala Sitharaman has announced three major economic railway corridor programmes to be implemented, and 40,000 normal bogies to be converted to the Vande Bharat standard. The budget […]

The post Interim Budget 2024-25 Does Not Generate Much Hope For Railways first appeared on Latest India news, analysis and reports on IPA

The Ministry of Finance recently recognized the pivotal role played by suppliers in the triumph of the Federal Supplier Register. This acknowledgment comes as part of the ministry's ongoing efforts to foster a collaborative environment with its suppliers.

The celebration underscores the symbiotic relationship between the Ministry of Finance and its suppliers, emphasizing the crucial part they play in the seamless functioning of

Dubai-based real estate giant, Taraf, has recently revealed its newest residential undertaking in the thriving community of Jumeirah Village Circle (JVC). The unveiling marks the company's strategic expansion in one of Dubai's rapidly growing residential sectors.

The newly launched project is poised to offer a diverse range of residential options, catering to the varying needs of potential homeowners and investors. Taraf's commitment to

Global aviation giant Boeing grapples with financial setbacks as it reports a $30 million loss in its fourth-quarter earnings. The renowned aerospace company, known for its contributions to the aviation industry, encountered challenges that impacted its financial performance during the final quarter of the fiscal year.

The reported loss reflects a series of factors that have influenced Boeing's bottom line, raising concerns among

Dubai, known for its ambitious endeavors, has revealed the Dubai Reef Project, positioning itself as a frontrunner in colossal marine reef initiatives worldwide. This groundbreaking endeavor, touted as one of the largest of its kind globally, reflects Dubai's commitment to marine conservation and ecological sustainability.

The Dubai Reef Project, a joint collaboration between environmental organizations and government bodies, aims to establish a vast marine ecosystem off the coast of Dubai. The initiative is poised to not only enhance the local marine

Serco, a global leader in essential services, has recently acquired Climatize, a move aimed at reinforcing its commitment to sustainability. The acquisition aligns with Serco's strategic vision to enhance environmental initiatives across its diverse portfolio.

The acquisition, finalized after meticulous negotiations, positions Serco to play a more influential role in addressing climate challenges. With Climatize's expertise in sustainable technologies, Serco aims to integrate innovative solutions into its

Dubai's pivotal economic hub, the World Trade Centre, is set to host a series of dynamic events in February 2024, focusing on Healthcare, Food and Beverage, and Real Estate. The multifaceted calendar promises a diverse range of activities, underscoring the centre's commitment to fostering collaboration and innovation in these crucial sectors.

Kicking off the month, the Healthcare segment will take center stage, featuring conferences and forums addressing

NEW DELHI: The Indian government will spend a record ₹11.11 trillion ($133.87 billion) on infrastructure creation in 2024/25, to ensure the Asian nation remains one of the world’s fastest growing major economies. The allocation for capital expenditure for the financial year starting April 1 is 11.1 per cent higher than the capex for the current […]

The post Government Raises 2024-25 Capex Spend To Record ₹11.11 Trillion first appeared on Latest India news, analysis and reports on IPA Newspack.

NSE Nifty was up by 0.03 per cent or 5.95 points to 21,731.65 points, while the BSE Sensex was at 71,806.44 up by 0.04 per cent or six points. A total of 3,820 stocks were actively traded, 1,722 advanced, while 1,962 declined and 136 stocks remained unchanged where 397 stocks hit a 52 week high […]

The post Markets Show Resilience Post-Budget; Mixed Sectoral Performance first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Proactive inflation management has helped keep the country’s inflation within the manageable range, Finance Minister Nirmala Sitharaman said while presenting the interim Budget on Thursday. She also said that the inflation has moderated. The Reserve Bank of India has been mandated by the government to ensure retail inflation remains at 4 per cent […]

The post Proactive Inflation Management Helps Keep Inflation Within Manageable Level, Says FM Nirmala Sitharaman first appeared on Latest India news, analysis and

NEW DELHI: The Indian economy has witnessed a profound positive transformation in the last 10 years, Finance Minister Nirmala Sitharaman said on Thursday. Sitharaman in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, said the people of India are looking ahead to the future with hope and […]

The post Indian Economy Witnessed Profound Positive Transformation In Last 10 Years: Finance Minister first appeared on Latest India news, analysis and reports

Prominent political figure John Podesta is set to assume a key position within the Biden administration's climate advisory team following the departure of seasoned diplomat John Kerry from the White House.

Podesta, known for his extensive experience in political circles and prior service as Chief of Staff to President Bill Clinton, is expected to bring a wealth of strategic insights to the administration's climate agenda. The move

St Vincent’s Hospital is currently conducting an investigation into the unauthorized disclosure of sensitive details related to a recent shark attack victim. The hospital, renowned for its medical expertise, has taken immediate action to address this breach of confidentiality.

The incident, which has raised concerns regarding patient privacy and data security, involves the release of information pertaining to an individual who fell victim to a shark attack.

The 2024 rendition of the Internet 2.0 Conference has successfully concluded, leaving in its wake a trail of transformative discussions that promise to reshape the technological landscape. Attended by key figures from the tech industry, the summit unfolded with an array of insightful presentations and debates, setting the stage for a new era of digital innovation.

Distinguished speakers at the conference delved into

The European Union grapples with mounting challenges linked to Hungary as the critical Ukraine Summit approaches. Tensions escalate within the EU over Hungary's stance on key issues, casting a shadow over diplomatic efforts related to the impending summit.

As the EU endeavors to foster unity in addressing the Ukraine situation, Hungary's divergent positions emerge as a stumbling block. The nation's policy choices, particularly

Awst, the prominent business entity, is set to expand its reach across the bustling city of Sharjah, according to an announcement by Noura Ali Al Shamsi.

The strategic move comes as part of Awst's ongoing efforts to broaden its footprint in key economic hubs. Noura Ali Al Shamsi, a key figure in the organization, revealed the expansion plans in a recent statement, highlighting the significance of Sharjah in their growth strategy.

The decision aligns with the company's commitment to enhancing its services

As tensions escalate in the Israel-Hamas conflict, the United States is gearing up for an extended series of retaliatory strikes against Iran. The situation unfolds with live updates on the evolving military actions between Israel and Hamas, prompting the U.S. to prepare for sustained countermeasures in response to the ongoing hostilities.

Recent developments in the Middle East have prompted the U.S. government to

NEW DELHI: State-owned Bharat Petroleum Corp Ltd has set it capital expenditure target for 2024-25 at Rs 15,000 crore, the company said on Tuesday. Further, it also aims to expand its market networks with new pipelines underway. “Augmenting strong marketing networks, we have approved two pipeline projects from Mumbai refineries,” the company said on an […]

The post BPCL Sets FY25 Capex Target At Rs 15,000 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

Steel makers expect continued focus on the infrastructure spending, push to domestic manufacturing, and measures to check rising imports in the upcoming interim Budget. In the 2023-24 Budget, Union Finance Minister Nirmala Sitharaman announced a capex of Rs 10 lakh crore for infrastructure development. “The government should continue the focus on increasing the spend on […]

The post Steel Makers Expect Continued Focus On Infra Spend, Import-Checking Measures first appeared on Latest India news, analysis and reports on IPA

West Bengal Chief Minister Mamata Banerjee on Tuesday lambasted the BJP for raising the CAA issue ahead of the Lok Sabha polls, asserting that she will never allow its implementation in the state during her lifetime. Speaking at a public distribution programme at Raiganj in Uttar Dinajpur district, she alleged that the BJP “opportunistically raised” […]

The post Mamata

Amid speculations that the Jharkhand Chief Minister fled to evade the Enforcement Directorate’s investigation into a money laundering case, the Bharatiya Janata Party (BJP) made a big claim about Delhi Chief Minister Arvind Kejriwal’s involvement in Soren’s escape. Senior BJP leader Nishikant Dubey on Wednesday alleged that the AAP supremo assisted in escorting Hemant Soren […]

The post BJP claims

Bengal Congress chief Adhir Ranjan Chowdhury on Wednesday said that he “just heard a noise” and saw window pane of Rahul Gandhi’s car falling off. “How do we know who has done it? Police will look into the matter,” he added. His statement came minutes after reports claimed that rear window pane of Gandhi’s vehicle […]

The post Stones

Several leaders from the opposition attended the all-party meeting called by the government ahead of the budget session of Parliament on Tuesday. Sources said the government explained to the opposition leaders that this was a small session and the focus would be on the Presidential address as well as the presentation of the union budget. […]

The post Opposition decries ‘overreach’

CHENNAI: After India created history through Chandrayaan-3’s soft landing on the moon last year, the booming private sector space industry in the country is pinning hopes on this year’s interim Budget. The sector is upbeat that the Centre will open up foreign direct investment (FDI), introduce a production-linked incentive (PLI) scheme and give goods and […]

The post Private Sector Space Players Seek Govt Relief On FDI And GST Exemption first appeared on Latest India news, analysis and reports

NEW DELHI: Former Railway Board Chief Anil Kumar Lahoti has been appointed as the chairman of the Telecom Regulatory Authority of India (TRAI). The top position at TRAI fell vacant after the tenure of former chairman PD Vaghela ended about four months back. “The Appointments Committee of the Cabinet has approved the appointment of Anil […]

The post Former Railway Board Chief Anil Lahoti Appointed TRAI Chairman first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India has sought investment commitments from Switzerland under the proposed free trade agreement with the four-nation EFTA bloc, a top government official said on Tuesday. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The official also said negotiations for the pact are at an advanced stage and both […]

The post India Seeks Investments From Switzerland first appeared on Latest India news, analysis and reports on IPA Newspack.