IPA Staff
8226 stories by IPA Staff
Centre Looks To Streamline MSME Incentive Schemes
NEW DELHI: The Centre has drawn up a plan to streamline and strengthen incentive schemes for the micro small and medium enterprises (MSMEs), and this may be one of the priorities of the Narendra Modi government if voted back to power for a third term. The new measures being...
RBI Tells Kotak Mahindra Bank To Stop Issuing New Credit Cards
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday asked private-sector lender Kotak Mahindra Bank to stop onboarding new customers through its online and mobile banking channels and barred it from issuing fresh credit cards. The regulator said the action was necessary as the bank failed to plug...
India Pharma Exports Rise 10 Per Cent In FY24
NEW DELHI: The country’s drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to...
Indian IT Sector Staring At Second Straight Year Of Muted Revenue Growth: Crisil
MUMBAI: The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent...
M&A Deal Value Surged 60 Per Cent: PwC India
NEW DELHI: Merger and acquisition (M&A) deal value soared by 60 per cent to USD 19.6 billion in January-March 2024, while that of private equity (PE) experienced a slight dip, according to a PwC India report. With 455 deals amounting to USD 25.6 billion disclosed value, the first quarter...
IGX Launches ssLNG Contracts, To Take Gas Availability Beyond National Grid
NEW DELHI: Close on the heels of receiving approval from the Petroleum and Natural Gas Regulatory Board (PNGRB), the Indian Gas Exchange (IGX) has launched contracts for small-scale Liquefied Natural Gas (ssLNG) on its platform in a bid to address the demand for fuel in areas not connected to...
REITs, InvITs Mobilise Rs 1.3 Lakh Crore In Four Years: RBI Data
NEW DELHI: Investment vehicles for realty and infrastructure sectors — REITs and InvITs — have garnered Rs 1.3 lakh crore in the past four years till March-end, and are expected to facilitate more pooled funds, Reserve Bank said in a report. Experts and stakeholders are of the view that...
AIMA Sees 20 Per Cent Growth In Registrations For MAT Entrance Exam
MUMBAI: All India Management Association, a federation of Local Management Associations (LMAs), has witnessed a 20 per cent growth in registration for MAT (management aptitude test) in 2023 compared to the pre-Covid year. MAT has actively expanded its test centers across the country, making the examination more accessible to...
Election Commission Has A Dismal Record On Acting Against Modi’s Breaches Of Poll Code
By K Raveendran For the sake of record, the Election Commission has said that it is examining the complaint made against the speech made by Prime Minister Narendra Modi at a rally in Rajasthan where he had said that if Congress is elected to power at the Centre, it...
In The First Two Phases Of Polling, Trends Have Not Favoured BJP
By Dr. Gyan Pathak People gathered to hear PM Narendra Modi in Aligarh in Uttar Pradesh on April 22, just two days before the end of election campaigns for the second phase of Lok Sabha election 2024, were surprised when they heard him lowering the pitch from the high...
