IPA Staff
13248 stories by IPA Staff
In Zohran Mamdani’s Win In Mayoral Primary, Socialism Beat The Status Quo In New York
By Nick French NEW YORK: Political lightning struck New York City last night. Against all expectations, thirty-three-year-old democratic socialist and third-term state assemblyman Zohran Mamdani took a commanding lead in the first round of ranked-choice votes against former New York governor Andrew Cuomo, the primary’s front-runner. By the end...
Benign Inflation Should Shield India From Global Headwinds: Report
MUMBAI: Tariff-related uncertainties ahead of the July imposition deadlines could have a disproportionate impact on the world economy, although domestic growth underpinned by benign inflation should shield India from global headwinds, central bank economists said. Negative trade policy outcomes that spawn further trade barriers, coupled with geopolitical uncertainties, could...
India To Become $5 Trillion Economy By 2027: Piyush Goyal
KOLKATA: Union Commerce and Industry Minister Piyush Goyal said India is firmly on track to become a $5 trillion economy by 2027 despite global turbulence, driven by a collective national effort and strong leadership under Prime Minister Narendra Modi. Speaking at a virtual session organised by the Merchants’ Chamber...
India Among Top Fintech Hotspots Globally: WEF Study
NEW DELHI: A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum (WEF) study, released at its Annual Meeting of New Champions in China’s Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability...
India Backs BRICS Statement, Shows ‘Grave Concern’ Over Strikes Against Iran
NEW DELHI: The BRICS countries have expressed “grave concern” over military strikes against Iran in “violation of international law and the United Nations Charter,” and called for an urgent need to break the cycle of violence and restore peace. In a joint statement on Wednesday, the influential bloc comprising...
India-UK FTA To Include Co-Equal Origin Provision; Product-Specific Norms To Offer Flexibility
NEW DELHI: The draft India–UK free trade agreement (FTA) has introduced a “coequal” rule or product-specific origin norms to offer greater flexibility to specific goods, said people aware of the matter. The rule will allow the producer of a good to meet any of the criteria of origin to...
Beware Of Narendra Modi Government’s Samvidhaan Hatya Diwas
By Dr. Gyan Pathak Government of India led by the Prime Minister Narendra Modi is observing June 25, 2025, as the first Savmidhan Hatya Diwas (the Day of Killing the Constitution of India), to remember the day of proclamation of emergency at midnight of June 25, 1975 in the...
Ceasefire Was The Only Option Available To Iran, Israel And United States
By K Raveendran Ever since Israel and the United States jointly launched strikes against Iran’s nuclear facilities, de-escalation began to shape the contours of strategic discourse in West Asia. What was initially presented as a bold and surgical operation against Iran’s suspected nuclear infrastructure quickly unfolded into something far...
Zohran Mamdani’s Win In New York Primary Mayoral Election Is A Game Changer In U.S. Politics
By Satyaki Chakraborty It was not a coincidence that the 33 year old Indian origin Muslim Zohran Mamdani’s convincing win in the primary elections of the Democratic Party for the post of New York Mayor took place on June 24 the same day Donald Trump announced his Israel-Iran ceasefire...
Iran’s Cleric Head Ayatollah Ali Khamenei Is In Complete Control Of The Regime
By Anjan Roy TORONTO: Amidst a sudden declaration of ceasefire between Israel and Iran by the US president Donald Trump, the abiding mystery about Iran as of now is the complete absence of the country’s so-called supreme leader Ayatollah Ali Khamenei. Since the US raids began and ended, there...
Proposal Of A Trilateral Bloc Of China, Pakistan, Bangladesh Creates Confusion In Dhaka
By Ashis Biswas KOLKATA: Despite running the administration for almost eleven months virtually unchallenged, the interim Government in Bangladesh has not been able to achieve functional cohesion or departmental coordination even on major matters of policy. The most recent example is a controversy within the administration over the proposed...
Maharashtra Govt Decision On Military Training For Primary Students Is Not Proper
By Dr Arun Mitra The Maharashtra government’s decision to introduce military training to the students from class 1 to class 5 is absurd, dangerous and against the basic tenets of education. The state Education Minister, Dada Bhuse said the idea to provide military training to children from Class one...
Israel-Iran Ceasefire Has Given A Chance To Keir Starmer To Change His Foreign Policy
By Ben Chacko LONDON: The ceasefire between Iran and Israel, hanging by a thread as it is, is welcome. It pauses a cycle of escalation that threatened to engulf the whole region in war. However, it solves little in itself. For one thing, Israel has unilaterally broken two ceasefires...
S&P Ups India’s FY26 GDP Growth Estimates To 6.5%
NEW DELHI: S&P Global Ratings on Tuesday upped India’s GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a “significant pressure” on the rupee or inflation. In its...
India’s Rising Household Debt May Impact Auto Fuel Consumption, Warns IEA
NEW DELHI: The International Energy Agency (IEA) has warned that the boom in consumption of auto fuels in India, particularly petrol and aviation turbine fuel (ATF), is largely debt-fuelled, and raised concerns that rising household debt may impact the usage trend. The IEA, in its latest report, projected that...
FM Rebuts ‘Tariff King’ Tag For India, Upcoming FTAs To Boost Exports
NEW DELHI: Rebutting “tariff king” charge against India, finance minister Nirmala Sitharaman on Tuesday said free trade agreements (FTAs) with the United States and the European Union (EU) could materialise soon, and would empower Indian exporters and foster export-led growth. In the Budget for 2025-26, the minister said, the...
RBI To Conduct Rs 1 Lakh-Crore Variable Rate Reverse Repo Auction On Friday
MUMBAI: In a role reversal, the Reserve Bank of India (RBI) announced on Tuesday a variable rate reverse repo (VRRR) auction, a measure through which the regulator sucks out excess liquidity from the system. In a release, the apex bank said it will conduct a seven-day VRRR of Rs...
Adani Group To Invest $15-20 Billion Across Businesses In 5 Years
NEW DELHI: The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, Chairman Gautam Adani said on Tuesday as he touted the conglomerate’s strong balance sheet and robust business to shrug off relentless scrutiny...
