IPA Staff
8550 stories by IPA Staff
India Seeks To Restart Stalled Adani Coal Imports Probe
NEW DELHI: Investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step they say the company thwarted for years, legal documents show. The Directorate of Revenue Intelligence...
India’s G20 Presidency Advocated Solutions From Within Global South: EAM
NEW DELHI: External Affairs Minister S Jaishankar on Friday said that India’s G20 Presidency advocated for finding solutions from within the Global South. He said that India walked the talk by hosting the first Voice of the Global South Summit in January 2023 and added that the nations were...
Indian E-Commerce Exports Should Touch $200 Billion In Next 6-7 Years: DGFT
NEW DELHI: India’s e-commerce ecosystem is about to explode in the near future as exports may touch $200 billion during the next six-seven years from the current $1.2 billion, said Santosh Kumar Sarangi, director general (DG), Directorate General of Foreign Trade (DGFT) at an event on Friday. Addressing the...
NHAI To Award Rs 44,412-Crore Worth BOT Projects This Fiscal
NEW DELHI: To bring private investments back in the highway construction sector, the National Highways Authority of India (NHAI) has decided to award 937-km-long of stretches entailing investments of Rs 44,412 crore via the build operate transfer (BOT) model in the current financial year, a senior official said Friday....
NBFCs To Face More Heat Than Banks
MUMBAI: The Reserve Bank of India’s (RBI) move on Thursday to increase risk weight on banks and non-banking finance companies’ (NBFCs) unsecured personal loan and credit card portfolio would likely hit the capital adequacy ratio (CRAR) of NBFCs more against that of banks, experts say. According to a report...
Zero Waiting List For Indian Railways Passengers Is Just A Lollipop
By Dr. Gyan Pathak India railways has just announced that it aims to achieve zero waiting list for confirmed tickets by 2027, but only after pictures of overcrowded platforms and trains across India surfaced last week in which several fell unconscious due to suffocation and at least one passenger...
CM Nitish Kumar Reiterates Demand For Bihar’s Special Status
By Rahil Nora Chopra After the recent release of caste-based survey data and increasing the reservation limit for the scheduled castes, scheduled tribes, other backward castes and extremely backward castes from 50 per cent to 65 per cent, now Bihar chief minister Nitish Kumar has declared that he would...
RBI Tightens Norms, Raises Risk Weights For Personal Loans And Credit Cards
MUMBAI: After cautioning banks and non-banking financial companies (NBFCs) on surging unsecured loans like personal loans and those on the credit card, the Reserve Bank of India (RBI) on Thursday increased the risk weighting for such loans from 100 per cent to 125 per cent. The risk weighting for...
India’s GDP To Grow 6-7.1% During 2024-2026, Growth Prospects Strong: S&P
NEW DELHI: India’s economic growth prospects remain robust over the medium term, with its gross domestic product (GDP) expected to grow between 6 per cent and 7.1 percent annually in 2023-24 (FY24) through 2025-26, S&P Global said in its latest report on Thursday. “Economic growth momentum to continue. India’s...
Indian Economy Still Not Out Of Woods, Says RBI
MUMBAI: Retail inflation has moderated due to monetary policy action and supply side interventions but the Indian economy is still ‘not out of the woods yet and have miles to go’, said the Reserve Bank of India’s (RBI) monthly bulletin on Thursday. “We are not out of the woods...
