Category: World

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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Korean mobile devices maker Samsung led the Indian smartphone market with an 18 per cent share in 2023, market research firm CyberMedia Research said in a report on Monday. In the December quarter, however, Chinese company Xiaomi had the highest market share, the report said. According to CyberMedia Research (CMR) estimates, the India smartphone market […]

The post Samsung Leads Smartphone Market With 18 Per Cent Share In 2023: CMR first appeared on Latest India news, analysis and reports

Prime Minister Narendra Modi on Monday replied to the ‘Motion of Thanks’ to President Droupadi Murmu’s address in the Lok Sabha and addressed the “anger” of opposition parties towards actions taken by the probe agencies against corruption. He stated that the country is “shocked to see stacks of cash being recovered”. Talking about the multiple […]

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Even before an official announcement, Congress’ lone Lok Sabha MP from Madhya Pradesh, Nakul Nath, has announced his candidature for the upcoming general elections from the Chhindwara seat. Nakul Nath made the announcement at a gathering in the presence of his father Kamal Nath, who is currently MLA from Chhindwara. Chhindwara is Kamal Nath’s bastion, […]

The post Nath’s

To regain importance in Indian politics, Congress should look outside the Nehru-Gandhi family for its leadership, said Sharmistha Mukherjee, the daughter of former President Pranab Mukherjee. Calling herself a die-hard Congressperson, Mukherjee believes that the time has come for the grand old party to come out of dynasty politics. “The Congress needs to take care […]

The post Ex-President’s

MUMBAI: Banks have witnessed strong growth corporate loans in the third quarter, driven by demand from companies in the infrastructure and power sector. With economy expected to grow at a faster pace and the government’s focus on strengthening the infrastructure, lenders expect the corporate loan demand to remain firm in the coming quarters. “We have […]

The post Infrastructure Drives Banks’ Corporate Loan Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Leading FMCG companies are betting on a gradual recovery in rural demand this year on the back of improving macroeconomic conditions, continued government spending and price cuts. Many companies said the industry continued to witness sluggish rural demand in the December quarter with the urban consumption continuing to outpace rural demand. On the […]

The post FMCG Companies Betting On Gradual Rural Demand Recovery This Year first appeared on Latest India news, analysis and reports on IPA

MUMBAI: Capital market regulator SEBI will soon widen the ambit of large, mid and small cap stocks based on their market capitalistion after the dizzying rally in equity markets last year. Mutual funds have moved SEBI to enhance the large-cap classification from top-100 companies in terms of market capitalisation to 125. Subsequently, mid-cap will now […]

The post SEBI May Enhance Large-Cap Stocks Categorisation first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) on Monday said that various amendments in food safety regulations have been approved to to do away with Bureau of Indian Standards (BIS) or Agmark certifications for food products. In line with the concept of “One Nation, One Commodity, One Regulator”, the food safety […]

The post FSSAI Approves Amendments In Regulations To Do Away With Agmark, BIS Certification For Food Products first appeared on Latest India news,

By Dr. Gyan Pathak Since the Presidential address in the Parliament is supposed to summarise the government’s achievements and intentions followed by meaningful debate, in which opposition raises points of concern, the Prime Minister is expected to address them during his reply to the ‘Motion of Thanks’. However, in reply to the scathing attack by […]

The post Opposition’s Points Raised During Debate On ‘Motion Of Thanks’ Unanswered first appeared on Latest India news, analysis and reports on IPA

By Sushil Kutty Was the manner in which the Chandigarh mayoral election conducted a symptom or the disease itself, a crooked system at play? The country’s top court has spoken – the previous week’s mayoral poll in the Union Territory was openly tampered with by a seemingly biased Presiding Officer to ensure the “victory” of […]

The post CJI Chandrachud’s Observation On Chandigarh Mayoral Polls Exposes BJP first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Narendra Modi’s lurid boast on the floor of Parliament that he would be the prime minister for the third time and his party would alone win 370 seats deserves attention. The question is why is he so confident? Are RSS and BJP leaders busy hacking the Lok Sabha elections? Does democracy mean […]

The post Hemant Soren Exposed Modi Design To Pit Non-Adivasis Against Adivasis first appeared on Latest India news, analysis and reports on IPA

By Tirthankar Mitra At a time when Trinamool Congress supremo, Mamata Banerjee is announcing her intent of going alone in the 2024 Lok Sabha elections, she seems to have overlooked that the company of Congress can help her regain some constituencies in north Bengal. The outfit she founded after breaking away from Congress way back […]

The post BJP May Substantially Gain In North Bengal If There Is No TMC-Congress Alliance first appeared on Latest India news, analysis and

Bhartiya Janata Party (BJP) leader and the party’s IT Cell head Amit Malviya late on Monday shared a shocking video of Rahul Gandhi serving biscuit from dog’s plate to a Congress leader during ‘Bharat Jodo Nyay Yatra’. Sharing the video on X (formerly Twitter), Malviya wrote in Hindi, “Just a few days ago, Congress President […]

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NEW DELHI: The department of telecommunications (DoT) is examining methodologies to directly allocate spectrum to enterprises like Infosys, Tejas Networks, Tata Communications, Tata Power, Larsen & Toubro, GMR, Capgemini, etc. It has set up an internal study group to suggest ways to achieve the objective. Officials said that direct allocation of spectrum to these enterprises […]

The post Direct Spectrum Allocation For Private 5G Being Looked At first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Organization for Economic Co-operation and Development (OECD), in its latest interim economic outlook released on Monday, raised India’s growth outlook for 2024-25 (FY25) to 6.2 per cent from the 6.1 per cent estimated earlier in its November outlook. “The emerging-market (EM) economies have generally continued to grow at a solid pace, despite […]

The post OECD Marginally Raises India’s GDP Growth Forecast To 6.2% For FY25 first appeared on Latest India news, analysis and reports on

NEW DELHI: Services sector activity expanded at the fastest pace in six months in January, as buoyant international and domestic demand contributed to rising new business orders, according to results of a private sector survey released Monday. HSBC India Services PMI Business Activity Index rose to 61.8 in January as compared with 59 in the […]

The post Services PMI Expands At Fastest Pace In Six Months In January first appeared on Latest India news, analysis and reports on

NEW DELHI: India may allow at least four state-owned banks to raise funds or expand their public float in the first half of the next fiscal year to accelerate their lending business and improve public participation, said people familiar with the development. The four lenders include Punjab National Bank (PNB), which is targeting a follow-on […]

The post Four Public Sector Banks May Get Approval To Raise Funds In H1 Of FY25 first appeared on Latest India news, analysis

Delhi Chief Minister Arvind Kejriwal’s personal secretary and a Rajya Sabha MP are among those linked to the Aam Aadmi Party who are being raided by the Enforcement Directorate as part of a money laundering probe, said sources. ED officials are currently conducting searches at over 12 premises across Delhi, Chandigarh and Varanasi. Bibhav Kumar, […]

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The Budget Session of the Bengal Assembly, which is set to start on Monday, may see yet another showdown between the Trinamool Congress and Governor CV Anand Bose over the latter’s speech. The last assembly session ended sine die (without designating a future date) in December 2023 and is set to be reconvened this week […]

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The disclosure by Chhagan Bhujbal that he resigned as a minister last November has put a focus on the Maratha quota tightrope the Eknath Shinde-led government is walking amid restlessness in OBCs, with Shiv Sena (UBT) claiming Bhujbal and BJP are hand in glove. Hours after the dramatic announcement was made by Bhujbal, who belongs […]

The post Fadnavis says Bhujbal’s resignation

NEW DELHI: The existing taxation structure for corporates with a 22 per cent tax is “very reasonable” when compared to an economy of the size of India and hence the concessional tax regime which was in force for four years for new manufacturing units was not extended beyond March 2024, Revenue Secretary Sanjay Malhotra said. […]

The post Existing Taxation Structure For Corporate Very Reasonable: Revenue Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Fast-moving consumer goods (FMCG) companies have reported single-digit volume growth with improved margins in most segments during December quarter, helped by moderating commodity inflation, though operating environment remained challenging. “Some of the companies also reported a decline in their topline numbers, as they extended the benefits of softening commodity prices to the consumer […]

The post FMCG Firms Report Single Digit Growth With Better Margin In Q3 first appeared on Latest India news, analysis and reports on

NEW DELHI: Billionaire Mukesh Ambani has been ranked first among all Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance. “The chairman and managing director of Reliance Industries Ltd overtakes the likes of Microsoft’s Satya Nadella, and Google’s Sundar Pichai to be ranked No.2 globally only behind Tencent’s Huateng Ma. […]

The post Mukesh Ambani No.2 Globally In Brand Guardianship Index first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: ONGC, IOC and other oil PSUs will invest about Rs 1.2 lakh crore in the coming fiscal starting April 1 in oil and gas exploration, refineries, petrochemicals and laying pipelines to meet the needs of the world’s fastest-growing energy consuming nation. The investment proposed in 2024-25 is 5% higher than Rs 1.12 lakh […]

The post ONGC, IOC, Other Oil PSUs To Invest Rs 1.2 Lakh Crore In FY25 first appeared on Latest India news, analysis and

NEW DELHI: The Department of Investment and Public Asset Management (DIPAM) will focus on concluding the ongoing privatisation transactions, like IDBI Bank and BEML, and may not look at any new CPSE for a strategic sale in the next fiscal, a senior official said. DIPAM Secretary Tuhin Kanta Pandey in an interview to PTI said […]

The post Focus To Be On Concluding Ongoing Strategic Sales In FY25: DIPAM Secretary first appeared on Latest India news, analysis and reports

MUMBAI: Coming close on the heels of the interim budget which maintained the status quo on policy front, the Reserve Bank is likely to continue with the pause on the short-term lending rate in its upcoming bi-monthly monetary policy this week as retail inflation is still near the higher end of its comfort zone, say […]

The post RBI Likely To Continue Status Quo On Short Term Lending first appeared on Latest India news, analysis and reports on IPA

By Nantoo Banerjee It is difficult to believe in the 21st century that some small groups of Yemeni Houthi pirates on the Red Sea can bring a $1-trillion-plus annual global trade using the sea route almost to a halt, forcing shipowners and shippers divert the trade through a several times longer route via the Cape […]

The post Houthi Pirates Bring Global Trade Through Red Sea To A Near Halt first appeared on Latest India news, analysis and reports

By Kalyani Shankar The convincing victory of the JMM-Congress coalition in Jharkhand assembly on February 5 amidst allegations about BJP’s poaching reports, is a big boost to the INDIA bloc in the present political atmosphere in the country. Chief Minister Champai Soren has now the tough task to run a government for the welfare of […]

The post Champai Soren’s Convincing Win In Jharkhand Assembly Test Is A Victory For INDIA Bloc first appeared on Latest India news, analysis

By Dr. Gyan Pathak Despite all sorts of statements against Congress and its leader Rahul Gandhi, the Congress party and the leader has got significant response by people during Bharat Jodo Nyay Yatra so far. It makes PM Narendra Modi’s concerns worse, since Congress candidates would be offering closer contests to BJP candidates in numerous […]

The post Rahul Gandhi’s Yatra Is Getting Good Response Before Lok Sabha Polls first appeared on Latest India news, analysis and reports on

By Sushil Kutty MLAs and MPs are placed such that they can make tonnes of money by shifting allegiance, the money credited to their bank accounts, like nowadays when the focus is on Jharkhand and Bihar MLAs fleeing BJP depredations with Delhi Chief Minister Arvind Kejriwal and Delhi minister with multiple portfolios, Atishi Marlena, also […]

The post This Hide And Seek Game Between ED And Delhi Chief Minister Has Turned Bizarre first appeared on Latest India news, analysis

Maharashtra Deputy Chief Minister Ajit Pawar on Sunday took a veiled jibe at Nationalist Congress Party founder Sharad Pawar by alluding to his age and speaking about the “sentimental appeal of a last election”. The Sharad Pawar faction hit back claiming the comments were “inhuman” and accused the deputy CM of “praying for the death” […]

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MUMBAI: The Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) is likely to maintain status quo on repo rate at 6.5% in its forthcoming meeting scheduled between February 6 and 8, 12 economists polled by FE said. Around 40% of economists felt the MPC may pivot to rate cuts only from Q2FY25 onwards, […]

The post RBI Unlikely To Change Interest Rates first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The government’s nudge to the private sector in the interim Budget by reducing its borrowing for FY25 comes at a time when announcements of new investments have slowed down. According to data from the Centre for Monitoring Indian Economy (CMIE), announcement of investments by the private sector in the September and December quarters of […]

The post Private Capex Hike Depends On Demand: India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.