IPA Staff
13048 stories by IPA Staff
Finance Minister To Review Economy At FSDC Meeting On June 10
NEW DELHI: Finance Minister Nirmala Sitharaman is set to review the state of the economy amid global uncertainties at a meeting of the Financial Stability and Development Council (FSDC) on June 10. The 29th meeting of the high-level panel, to be held at Mumbai, will be attended by all...
RBI Monetary Policy Committee Meets Amidst Rate Cut Expectations
MUMBAI: The Reserve Bank of India’s (RBI) rate-setting panel started its three-day brainstorming on monetary policy as expectations are high of a 25 bps or even a jumbo 50 bps rate cut to fuel economic growth amid uncertainties created by Trump’s tariff moves. The decision of the Monetary Policy...
Services Sector Growth Steadies In May On Healthy Demand Conditions
NEW DELHI: The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. The HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally up from April’s 58.7 and...
RBI Rate Cut Could Get Limited By Tariff-Led Uncertainty: ICRA
MUMBAI: Tariff-led global uncertainty may constrain the quantum of repo rate cut by the Reserve Bank of India in the current financial year, Karthik Srinivasan, Senior Vice President and Group Head, Financial Sector Ratings, ICRA said. “RBI’s call would largely be on how the domestic factors play out, but...
India Seeks Measures To Tackle Trade Distortions
PARIS: India has called for action to address trade distortions caused by non-market economies, non-tariff barriers and restoration of a strong dispute settlement mechanism at the World Trade Organization (WTO), commerce and industry minister Piyush Goyal said on Wednesday. The minister, however, insisted that one should not jump to...
Renewed Race For Gulf-India Aviation Sector Trophy As Stakes Increase Further
By K Raveendran Strong signs of undercurrents are emerging in the aviation space between India and the Gulf. There is renewed tussle over landing rights — the coveted permissions that determine which airlines get to fly where, how often, and with how many seats. For years, this battleground has...
India Keen To Conclude Interim Trade Deal With USA By July 9 This Year
By T N Ashok WASHINGTON: India will be one of the earliest countries to clinch a mega trade deal with the United States under the watchful eye of the latter’s president Donald Trump, who is happy and cautious, as Commerce Secretary Howard Lutnick and his counterpart Piyush Goyal work...
U.S. Pressuring India To Drastically Reduce Imports From Russia In Trade Talks
By Anjan Roy India’s purchase of Russian arms and weaponry gets “under the skin of America”. This is an irritant in Indo-US relations, according to Howard Lutnik, US commerce secretary. That aside, India was a great country with diverse assets, particularly its talented people capable of achieving break-throughs in...
South Korea’s New President May Bring Some Changes In Foreign Policy
By Satyaki Chakraborty Lee Jae Myung of majority Liberal Democratic Party was sworn in as the new President of South Korea after the National Election Commission declared him as the winner with 48.8 per cent of the votes polled in the presidential elections held on June 3. Lee’s main...
Malaysia Response To Indian Outreach Delegation Is Highly Encouraging
By Sushil Kutty It is a myth-busting time. The myth that Muslims and Muslim countries always stood together and that the Muslim Brotherhood made sense. Let’s also have a little Pakistan-bashing. For a reason, of course. Contrary to the thinking of some, not every Muslim country is a supporter...
In Bengal BJP, The Race Between Majumdar And Adhikari Is On To Emerge As Cm Candidate
By Tirthankar Mitra KOLKATA: Engaged that it is in intra-party squabbles, West Bengal unit of BJP leadership does not appear to be in a mood to pull up its socks for 2026 Assembly elections. Things came to a head during Union home minister Amit Shah’s trip to the state...
Zelenskyy’s Gambit: A Tactical Masterstroke That Threatens Strategic Collapse
By M A Hossain By any military measure, Ukraine’s ‘Operation Spider Web’ was an astonishing success. In a meticulously planned operation, Ukrainian drones struck deep into Russian territory, obliterating at least 40 military aircraft—including nuclear-capable Tu-95 and Tu-22M3 bombers—in a single, devastating blow. The attack revealed not only meticulous...
In The Age Of Algorithm, The Freedom Of Thought Has Got A New Meaning
By Mahima Garg In a striking reflection, Oxford’s Word of the Year for 2024 was “brain rot”—a term that encapsulates the impact of consuming excessive amounts of mind-numbing digital content. Interestingly, the phrase “brain rot” was first used by Henry David Thoreau in 1854 in Walden, where he criticised...
Trump Creating A Global Health Crisis By Withdrawing Funds From HIV Vaccine Research
By C.J. Atkins WASHINGTON DC: Just in time for Pride month, President Donald Trump and Health Secretary Robert F. Kennedy, Jr., have apparently decided it’s a good time to sentence more people to death in the future. That will be the result of the administration’s $258 million cut to...
India’s Economy May Grow 6.3% In Fy26, 6.4% Next Fiscal: OECD
NEW DELHI: India’s economy is projected to grow by 6.3% in 2025-26 and 6.4% in 2026-27, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday. It forecast global growth to slow to 2.9% in 2025 and 2026 due to substantial barriers to trade, tighter financial conditions, diminishing...
India, EU May Go For Comprehensive FTA; Investment, GI Pacts To Follow Later
PARIS: India and the European Union (EU) are now aiming for a comprehensive Free Trade Agreement (FTA) rather than an interim deal, and is working against a tight deadline to conclude it. Stating that the plan is to sign a “full-scale FTA,” an official said a lot of progress...
India’s Imports Of Russian Oil Hit 10-Month High In May
NEW DELHI: India’s imports of Russian crude oil surged to a 10-month high of 1.96 million barrels per day in May, driven by continued availability at significant discounts compared to global benchmark prices, according to ship-tracking data from Kpler. India, the world’s third largest oil importing and consuming nation,...
Global Economic Uncertainty Not To Affect Indian Banks’ Asset Quality: Moody’s
Despite global uncertainties and trade tensions, asset quality of Indian banks is expected to remain steady as domestic economic conditions remain supportive for growth, global rating agency Moody’s said in a report on Tuesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing...
