IPA Staff
16581 stories by IPA Staff
S&P Forecasts Rupee Sliding To 91 By FY29
The rupee is under pressure for the past couple of sessions. In fact the currency hit all-time lows of 89/$ recently. Though the rupee rebounded from its all-time low to close 4 paise higher at 88.72 (provisional) on Friday against the US dollar, but the pain may not end...
JSW Steel’s Rs 20,000-Crore Acquisition Of BPSL Gets Nod
NEW DELHI: The Supreme Court on Friday overturned its earlier decision ordering liquidation of Bhushan Power and Steel (BPSL), restoring approval to JSW Steel’s Rs 19,700-crore resolution plan. The bench headed by Chief Justice BR Gavai, along with Justices SC Sharma and K Vinod Chandran, stressed that the commercial...
Third Term CPI General Secretary D Raja Faces Main Task Of Rejuvenating The Party
By Nitya Chakraborty CPI general secretary D Raja who has been granted his third term at the recently concluded 25th congress of CPI in Chandigarh faces a stupendous task in rejuvenating the stagnating party organisation and steer it with dynamism and vision to play a proper role in building...
Donald Trump’s Wooing Of Shehbaz Sharif And Asim Munir Has Turned Bizarre
By Sushil Kutty US President Donald Trump, Pakistan’s Prime Minister Shehbaz Sharif and Pakistan’s Army Chief Field Marshal Asim Munir, the current power troika in the subcontinent. When two of them meet, Trump and Munir, Pakistanis puff up their chests. What happens when Sharif also gets invited to the...
Revadis And Cash Flows From PM Narendra Modi To Bihar Voters Before Polls
By Dr. Gyan Pathak Democracy in the land of Bihar, which is in the cusp of Vidhan Sabha general election, has just fallen to a new low with revadis (freebies) and cash flowing from the Prime Minister Narendra Modi to the voters. There was a time in the 6th...
US Economy Navigates Choppy Waters As Growth Rebounds Amid Policy Headwinds
By T N Ashok NEW YORK: The American economy’s robust 3.8% second-quarter growth rate, significantly revised upward from initial estimates, presents a deceptively encouraging picture that masks deeper structural challenges confronting investors as the nation navigates an increasingly complex policy landscape. While consumer resilience continues to drive near-term momentum,...
Trump’s 50 Percent Tariff On India Has Had Some Impact On GST Rate Adjustments
By Prabhat Patnaik Trump’s tariff aggression against India will indubitably have a contractionary effect on the Indian economy. Even if Trump reduces tariffs from the 50 per cent he is currently levying, this will only be in exchange for India reducing its tariffs on American goods, especially agricultural goods...
Trump Policies On H-1B Visas Have Potential To Transform India’s High Tech Sector
By T N Ashok NEW YORK: When the Indian IT boom began in the late 1990s, the “American Dream” was its rocket fuel. Bright young engineers from Bengaluru, Hyderabad, Chennai, and Pune queued up for the H-1B visa, chasing careers in Silicon Valley. They became coders, data architects, project...
Sangh Parivar-Sponsored Ayyappa Sangamam Kicks Up Controversy
By P. Sreekumaran THIRUVANANTHAPURAM: It was cracked up to be a parallel conclave to counter the Global Ayyappa Sangamam organized by the Travancore Devaswom Board (TDB). But it ended up kicking up a big controversy and inviting police action against one of the leading participants. Instead of coming up...
Mahagathbandhan Releases Ten-Point Benefits Wooing Bihar’s EBC Voters
By Rahil Nora Chopra In an apparent bid to woo Extremely Backward Classes (EBCs) voters ahead of Bihar assembly polls, the Mahagathbandhan allies in Bihar released a 10-point ‘Atipichhda Nyay Sankalp’, promising several benefits to the EBCs, hitherto considered a dedicated vote bank of chief minister Nitish Kumar’s Janata...
India’s Logistics Costs Estimated At 7.97 Per Cent Of GDP
NEW DELHI: India’s logistics costs have been estimated at 7.97% of the economic output by the Department for Promotion of Industry and Internal Trade (DPIIT), which compares favourably to the more advanced economies like US, Japan, Korea and Europe. The 7.97% logistics costs for 2023-24 is the first official...
Government May Tweak E-Commerce FDI Norms To Boost MSMEs To Export
NEW DELHI: To facilitate greater participation of MSMEs in global e-commerce exports, the Directorate General of Foreign Trade (DGFT) has proposed introducing an inventory-based e-commerce export model. Under this framework, third-party export entities would hold inventory and manage backend processes on behalf of MSMEs. To operationalise the model, DGFT...
Defence Ministry Signs Rs 62,370-Crore Deal With HAL For 97 Tejas Mk-1A Jets
NEW DELHI: The Ministry of Defence on Thursday finalised a Rs 62,370 crore contract with Hindustan Aeronautics Limited (HAL) for the supply of 97 Tejas Mk-1A light combat aircraft (LCA) to the Indian Air Force (IAF), marking one of the largest indigenous defence procurement projects in recent years. The...
RBI Issues New Authentication Norms For Digital Payments
MUMBAI: To ensure robust security and user protection as the digital payments ecosystem grows manifold month after month, the Reserve Bank has issued a comprehensive framework for strengthening the authentication mechanisms in digital payments effective next April. Currently, most digital payments rely on SMS-based one-time passwords (OTPs) as the...
DoT Signals Stricter Rules For Satellite Spectrum Sharing Amid Interference Concerns
NEW DELHI: The Department of Telecommunications (DoT) has said that spectrum sharing for satellite communications (satcom) will require a stricter regulatory framework, given the possibility of interference as multiple players enter the market. While no incumbent operator exists today, officials told Fe that the rules cannot be framed only...
CPI’s 25th Party Congress Elects D Raja As The General Secretary For The Third Time
By Satyaki Chakraborty The Communist Party of India(CPI) concluded its five day Party Congress at Chandigarh on September 25 reelecting D. Raja as the general secretary of the CPI for another three year term. Raja is the first dalit leader to head the CPI in 2019 after the then...
How Three Country Heads Turned Ukraine War Into A Performance Art?
By T N Ashok NEW YORK: Welcome to the most expensive theatre production in modern history, where half a million casualties serve as background extras while three aging narcissists swap costumes and pretend yesterday’s betrayals never happened. The Ukraine war has devolved into something far more obscene than mere...
Instead Of Going Into The Root Of Protests In Ladakh, BJP Is Seeing Congress Hand
By Sushil Kutty As is its wont. The BJP always starts with lament. The latest is about violence in Ladakh, allegedly incited by Congress. Apparently Congress councillor Stanzin Tsepang is behind the violence, which reminds the BJP IT Cell of the unrest that brought about regime change in Bangladesh....
