IPA Staff
16581 stories by IPA Staff
Rupee Hits New Low On US Visa Shock; Exporters Don’t Expect Much Relief
MUMBAI: Panic gripped the foreign exchange markets on Tuesday as the rupee dropped by 0.52% to close at 88.7925 against the greenback, an all-time low. This came amid sustained selling by foreign funds fearing that the double-whammy blows of steep US tariffs and an increase in H-1B visa fees...
India Top Country Of Interest For MNCs Looking To Realign Global Supply Chains, US At Bottom
MUMBAI: A global survey of 1,200 senior executives from multinationals spread across 17 countries has named India as the most favoured investment destination or market of interest, both for setting up manufacturing units as well as sourcing, highlighting the significant shift in global corporate strategies as they realign their...
Flash PMI Eases To 58.5 In September On Weak Export Orders
NEW DELHI: The HSBC India Flash Manufacturing Purchasing Managers’ Index (PMI) eased to 58.5 in September from 59.3 in the preceding month, as new export orders rose at the weakest pace in six months under the impact of 50 per cent tariff on India by the US administration. Domestic...
OECD Lifts India’s FY26 Growth Outlook To 6.7%; S&P Retains At 6.5%
NEW DELHI: The Organisation for Economic Co-operation and Development (OECD) on Tuesday raised India’s growth forecast for the current financial year (FY26) by 40 basis points (bps) to 6.7 per cent, citing monetary and fiscal easing along with goods and services tax (GST) cuts. However, it warned that higher...
Ban On Caste Based Political Rallies Raises Political Heat In Uttar Pradesh
By Dr. Gyan Pathak Ban order on caste based political rallies issued by the Uttar Pradesh government on September 21, 2025 has significantly raised the political heat in the state, since it is likely to impact all political parties and political alliances,.. Nevertheless, the BJP led government under Chief...
Russia-India-China Troika Is Helpful To New Delhi In Meeting Tariff Challenge From Trump
By Subrata Majumder Amid world deepening in geopolitical tensions and global trade turmoil, Russia-India-China troika paves the way for India-China thaw, geared by Russia and poses a challenge to Trump’s unilateral tariff imposition policy, even with political considerations. Russia-India-China (RIC) troika evokes both primary challenge and opportunity. Russia took...
Recognising Palestine As A Sovereign State By Western Nations Is A Welcome Step
By Asad Mirza As Israel pushes for Gaza takeover, several Western nations have formally announced their plans to recognise a Palestinian state at the United Nations General Assembly. The move, which is being led by major western nations among others, is poised to deepen Israel’s international isolation, but will...
GST Blueprint Was Done During UPA Regime, Narendra Modi Opposed It As CM
By Anjan Roy Prime minister, Narendra Modi’s address to the nation on Sunday on the eve of the cut in GST was a purely political play. The GST has been reformed and reset by the GST Council, which is the competent body to finally amend the GST regime. Its...
Starved Of Power For Decades In Tamil Nadu, Congress Is Itching To Be In Govt After 2026 Polls
By Sushil Kutty The Tamil Nadu unit of the Congress wants a bigger share of everything from the DMK alliance in the 2026 assembly elections which isn’t far away, a few months more and all things polling will be on the state’s head. And Tamil Nadu is a political...
The Great Brain Drain Reversal: How Trump’s Visa Gambit May Backfire
By T N Ashok NEW YORK: In the annals of economic self-harm, few policies rival the spectacular myopia of Donald Trump’s $100,000 H-1B visa fee. What began as a weekend of bureaucratic chaos—complete with panicked flights from Bangalore and corporate travel bans—has evolved into something far more consequential: America’s...
Global Ayyappa Sangamam: Shot In The Arm For LDF Government
By P. Sreekumaran THIRUVANANTHAPURAM: The habitual critics of Kerala’s Left Democratic Front Government (LDF) are running for cover; the incorrigible detractors have ended up with egg on their faces. The reason for their acute embarrassment: the success of the Global Ayyappa Sangamam held by the Travancore Devaswom Board. Belying...
Let’s Block Everything: A New Unity Of Protestors On The French Streets
By Dennis Broe PARIS: Building on last week’s Bloquons Tout movement on the streets of France , a national protest against Emmanuel Macron’s austerity budget, which drew supporters from both left and right, the combined might of the French unions last week led an even more impressive mobilisation. “Let’s...
72 Per Cent Rural Households Expect Income Growth In One Year
NEW DELHI: Over 72.8% of rural households expect their income to increase in the next year, according to a bi-monthly survey conducted by the National Bank for Agriculture and Rural Development (NABARD) in September 2025. This represents a slight decline from 74.7% of rural households who had expressed optimism...
Centre Increases ‘Untied’ Capital Expenditure Loans To States
NEW DELHI: The Centre has tweaked guidelines to increase the untied capex loans to state governments, a move that will accelerate public investments. Of the Rs 1.5 lakh crore interest-free 50-year capital expenditure loans earmarked for FY26, the Centre had allocated Rs 57,000 crore for untied projects identified by...
Core Sector Growth At 13-Month High Of 6.3% In August On Low Base Effect
NEW DELHI: A low base effect and a good steel and coal production propelled the output growth in India’s eight core infrastructure industries to 13-month high of 6.3 per cent in August against the negative growth seen during the same month of 2024, data released by the Ministry of...
NABARD, PFC Plans To Raise ₹10,000 Crore From Corporate Bond Market
MUMBAI: A slew of public sector undertakings (PSUs) are expected to tap the corporate bond market ahead of the Reserve Bank of India’s October policy review, capitalising on improved sentiment. State-run Power Finance Corporation (PFC) plans to raise up to ₹3,500 crore on Tuesday through bonds maturing in 2...
Indian IT Firms Invested $1billion In US Talent Training: Nasscom
BENGALURU: Even amid protectionist rhetoric from successive US administrations, the Indian IT industry has invested over $1 billion in local upskilling and hiring, driving a sharp rise in local recruitment. Over the years, Indian and India-centric firms in the US have steadily reduced their dependence on H-1B visas while...
Higher GST Will Hurt Oil-Starved India’s Exploration Drills
By Nantoo Banerjee Few will disagree that India should keep investing substantially in both onshore and offshore oil search as the country is becoming increasingly dependent on the import of petroleum crude to meet its energy needs. Currently, almost 86 percent of India’s annual crude petroleum needs are being...
