Category: World

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 […]

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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 […]

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Tamil Nadu’s main opposition AIADMK on Wednesday said it had already shut its door on the BJP and ruled out joining forces with the saffron party for the Lok Sabha polls. Following Union Home Minister Amit Shah’s remark that ‘the BJP’s doors are open for the AIADMK,’ senior party leader D Jayakumar ruled out any […]

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Bihar Chief Minister Nitish Kumar, who joined the BJP-led NDA recently ditching Mahagathbandhan, on Wednesday said he switched allegiances earlier but now he will not change sides again. Kumar arrived in the national capital to meet Prime Minister Narendra Modi in what was their first meeting after the Janata Dal (United) president dumped the opposition […]

The post Nitish promises

Leader of Opposition in the Haryana assembly Bhupinder Singh Hooda Wednesday accused the Manohar Lal Khattar government of having failed on all fronts and said the Congress will bring a no-confidence motion in the upcoming budget session. The Haryana Congress leader and former chief minister said his party will raise various issues, including alleged scams […]

The post Cong no-confidence move

Amid a noisy walkout by BJP members from Odisha Assembly, Chief Minister Naveen Patnaik on Wednesday came down heavily on the opposition party accusing them of politicising sensitive crime and development issues that affect the image of the state and its people. Patnaik made these remarks while responding to the debate on the Motion of […]

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India will not conclude the India-UK Free Trade Agreement (FTA) talks in haste under the pressure of forthcoming general elections, as negotiations for a favourable outcome can continue even after the new government comes in, a senior official has said. “India will not do anything under pressure. We are not affected by elections. We will […]

The post No Pressure To Conclude India-UK FTA Talks Due To Forthcoming Elections, Says Source first appeared on Latest India news, analysis and

BENGALURU: The market size of the Indian enterprise fintech sector is projected to reach $20 billion, according to a report by venture capital firm Chiratae Ventures and finance consultancy Digital Fifth. The market size of the enterprise fintech sector was reported to be at $2.7 billion in 2022. The BFSI industry is rapidly transforming, driven […]

The post Indian Enterprise Fintech Sector May Reach $20 Billion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna The anticipated docking of a Chinese scientific vessel in the Maldives this week has heightened tensions among Beijing, Delhi, and Malé. The ship Xiang Yang Hong 3 is officially visiting the Maldives to change its crew and stock up on supplies, which is a completely harmless visit says Beijing. In Delhi, however, […]

The post India Has Enough Reasons To Get Worried At Docking Of Chinese Vessel In Male first appeared on Latest India news, analysis

The Congress on Tuesday attacked the government over the demand for a caste census and asked why Prime Minister Narendra Modi was “running away” from the issue. In a post in Hindi on X, Congress general secretary Jairam Ramesh posed “direct questions” to the prime minister over the issue of caste census. He asked why […]

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BETUL, GOA: India will invest $67 billion in the gas sector over the next 5-6 years as part of an “unprecedented amount” of funds being put in to develop energy infrastructure, said Prime Minister Narendra Modi on Tuesday. Speaking at the second edition of the India Energy Week (IEW) in Betul in South Goa, Modi […]

The post India To Invest $67 Billion In 5-6 Years For Developing Gas Sector: PM Modi first appeared on Latest India news, analysis

NEW DELHI: The Parliamentary Standing Committee on Finance has recommended that GST on health insurance, particularly for senior citizens, should be lowered. It has simultaneously pitched for a level-playing field between public and private sector insurance companies in terms of TDS on GST and participation in government-run insurance schemes. Financial services, including premium for health […]

The post Parliamentary Panel Recommends Lowering Of GST On Health Insurance, Term Policies first appeared on Latest India news, analysis and reports on

NEW DELHI: The Insolvency and Bankruptcy Board of India (IBBI) has amended norms pertaining to insolvency resolution process for personal guarantors and voluntary liquidation process. Changes have been made to the Insolvency Resolution Process for Personal Guarantors to Corporate Debtors regulations and Bankruptcy Process for Personal Guarantors to Corporate Debtors regulations. Restrictions have been removed […]

The post IBBI Amends Norms Related To Insolvency Resolution Process For Personal Guarantors first appeared on Latest India news, analysis and reports on

NEW DELHI: The Enforcement Directorate and the Financial Intelligence Unit have asked the RBI to share its report on the recent action taken to bar Paytm Payments Bank Ltd from accepting deposits or top-ups in customer accounts, official sources said on Tuesday. Federal agencies ED and FIU, tasked with checking violations under the Prevention of […]

The post FIU, ED Seek Report From RBI on Paytm first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s telecom sector is expected to see a revival in foreign direct investment over the next two years. This optimism stems from two recent developments: the opening of satellite communications to the private sector, and introduction of the Telecommunications Act, which are expected to make the sector attractive and stimulate investment, analysts and […]

The post Indian Telecom May See FDI Revival From FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retail inflation has come down to within the tolerance band due to steps taken by the government to check price rise in essential commodities, especially in perishable commodities, finance minister Nirmala Sitharaman told Rajya Sabha on Tuesday. Replying to a question in the Rajya Sabha, Sitharaman said that steps are being taken now […]

The post Inflation Within Tolerance Band Due To Government Steps: FM Sitharaman first appeared on Latest India news, analysis and reports on IPA

MUMBAI: Retail credit slowed down in the second quarter of FY24, data from TransUnion Cibil showed. There has also been a marked increase in defaults in personal loans and credit cards during the same time period.This deceleration in retail loan growth stems from a lack of growth in home loan disbursements during the period, due […]

The post Drop In Home Loan Demand Hits Q2 Retail Credit Growth first appeared on Latest India news, analysis and reports on IPA

MUMBAI/NEW DELHI: Facing an uncertain future following severe restrictions imposed by RBI, Paytm brass has held talks with FM Nirmala Sitharaman and the regulator, in a bid to impress upon them to reverse the decision. While executives of the bank, including founder Vijay Shekhar Sharma, met RBI officials on Monday, they called on the FM […]

The post Paytm Top Brass Meets FM, RBI Officials Amid Stiff Curbs first appeared on Latest India news, analysis and reports on IPA

Escalation its attack on the BJP-led central government, the ruling Congress in Karnataka led by Chief Minister Siddaramaiah is all set to stage a protest “Chalo Delhi” in the national capital on Wednesday, alleging ‘injustice’ to the state in tax devolution and grants-in-aid over the past few years. The protest by all Congress legislators and […]

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Senior Congress leader P Chidambaram has said that the Prevention of Money Laundering Act, 2002, is being “completely misused” to target opposition leaders and if his party returns to power, it would repeal the law to enact a better legislation. The former Union finance minister also said that the law was not the “UPA’s baby” […]

The post Chidambaram promises repeal

Delhi Chief Minister Arvind Kejriwal on Tuesday claimed that 23 Enforcement Directorate (ED) officers carried out raids at his personal assistant’s residence for 16 hours but did not find anything. He also claimed that the houses of Aam Aadmi Party (AAP) leaders such as Manish Sisodia, Satyendar Jain and Sanjay Singh were raided as well. […]

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Ahead of Rahul Gandhi’s ‘Bharat Jodo Nyay Yatra’, Rashtriya Lok Dal is likely to join BJP-led National Democratic Alliance. Sources told News18 that the Bharatiya Janata Party is offering three Uttar Pradesh seats to the RLD, while Ajit Singh-led party is demanding to contest on five seats in the Lok Sabha elections. “But talks

Five veterans associated with large electronics companies have come together to start a new venture – Awesense Five Pvt Ltd – for design and manufacturing sensors. The sensors play a pivotal role in monitoring and control systems, making their domestic manufacturing a priority. Due to their sensitivity and strategic importance, dependence on imports poses a […]

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