IPA Staff
16581 stories by IPA Staff
Trade Deficit Eases To $21.94 Billion In December As Gold Imports Fall
NEW DELHI: India’s merchandise trade deficit narrowed to $21.94 billion in December, down from a record $31.86 billion in November, as gold imports halved to $4.7 billion, according to commerce department data released on Wednesday. The data showed merchandise exports contracted by 1 per cent year-on-year to $38.01 billion...
Fiscal Conditions To Constrain Credit Growth In 2025, Says Moody’s
MUMBAI: India’s fiscal conditions will continue to constrain its credit strength in 2025 but it may benefit from a shift in trade and investment flows from China, Moody’s Ratings said on Wednesday in its Asia-Pacific 2025 outlook. “We expect only gradual fiscal consolidation, and debt to remain significantly higher...
Liquidity On Tap Via Daily Variable Reverse Repo Auctions
MUMBAI: In a significant reset to its liquidity management framework, the Reserve Bank of India (RBI) will conduct variable reverse repo (VRR) auctions on all working days until further notice amid tight liquidity. Liquidity in the banking system stood at a deficit of Rs 2.09 trillion lakh crore as...
India Outpaces Global AI Adoption: BCG Survey
HYDERABAD: India has emerged as a global leader in terms of the adoption of AI as a core strategic focus, with 80 per cent of firms prioritising AI as a core strategic focus, outpacing the global average of 75 per cent in this space, according to a new Boston...
Household Savings To Recover In H1 FY25 As Debt Load Eases
MUMBAI: Net household financial savings, which improved to 5.3% of GDP in FY24 from a 47-year low of 5% in FY23, are likely to have rebounded sharply in the first half of FY25, early indicators showed. An improvement in net household financial savings is positive for the economy as...
Government Should Target Rs 11 Lakh Crore In FY26, Give Relief To Taxpayers In Lower Bracket In Budget: ICRA
NEW DELHI: The government should target a capital spending of Rs 11 lakh crore in the Budget for the next fiscal while giving inflation-adjusted relief on personal income tax to boost consumer spending, rating agency ICRA said on Wednesday. ICRA Chief Economist Aditi Nayar said last year’s record budgeted...
ITA Submits White Paper On Darjeeling Tea Industry To West Bengal Government
KOLKATA: Leading producers body Indian Tea Association (ITA) on Tuesday said it has submitted a white paper on the Darjeeling tea industry to the West Bengal government highlighting the challenges and opportunities. A team of ITA officials met Labour Minister Moloy Ghatak on Tuesday evening and submitted the white...
India To Achieve 20 Per Cent Ethanol Blending Target In Two Months, Says Nitin Gadkari
NEW DELHI: India will achieve its target of 20 per cent ethanol blending in the next two months, Union minister Nitin Gadkari said on Wednesday. The practice of blending ethanol with petrol began in 2001 as a pilot project. “We will achieve this target of 20 per cent ethanol...
Vedanta Resources Raises USD 1.1 Billion Through Dual Tranche Bond Issuance
NEW DELHI: Mining mogul Anil Agarwal’s Vedanta Resources has raised USD 1.1 billion through a new bond offering to prepay existing liabilities, the company said in a Singapore exchange filing. Vedanta Resources Finance II plc, a wholly owned subsidiary of Vedanta Resources, raised USD 1.1 billion through a new...
Markets Log Gain For Second Day, Sensex Climbs Over 200 Points
MUMBAI: Benchmark indices Sensex and ticked higher for the second straight session on Wednesday, buoyed by buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. However, elevated crude oil prices in the international markets and buying by foreign investors weighed...
Mandate Against AAP Leaders Shows Centre Only Weighs Political Dividends Of Corruption
By K Raveendran The latest decision by the Modi government to grant sanction for prosecution of Aam Aadmi Party (AAP) leaders Arvind Kejriwal and Manish Sisodia marks yet another chapter in the ongoing narrative of central agencies being leveraged for political ends. At its core, the move highlights a...
RSS Chief Mohan Bhagwat Declares ‘True Independence Day’ Of India
By Dr. Gyan Pathak On January 14, 2025, Rashtriya Swayamsevak Sangh Chief Mohan Bhagwat declared that India achieved its ‘True Independence’ on Ram Mandir’s consecration day in Ayodhya, that he called ‘Partishtha Dwadashi’. Ram Mandir was consecrated by Prime Minister Narendra Modi on January 22, 2024, but Bhagwat denied...
Donald Trump To Set The Agenda For Deliberations At World Economic Forum Meet
By Nitya Chakraborty The global body of the multinational CEOs World Economic Forum (WEF) meets annually in January end at Davos in Switzerland to discuss the global issues of development and technology but this year the 2025 conclave of WEF is going to witness an unusual affair of Donald...
Five European Countries Oppose Trump’s Formula For Defence Spending
By Satyaki Chakraborty Only a week before Donald Trump taking over as U.S. President on January 20, defence ministers of five European NATO member nations came out officially against U.S. President elect Donald Trump’s suggestion for raising defence spending to 5 per cent of the country’s GDP. The countries...
Cow Vigilantism Is Still Rampant Threatening Innocent People Of Minority Community
By Krishna Jha It is not the carnage yet, but horror keeps unfolding in various ways. One among them is cow vigilantism. The attack is real and fetal, and as usual the justification is irrational and horrific. A decade and more have gone by, but there has been no...
West Bengal BJP Is Still In Doldrums, No Breakthrough In Expansion
By Tirthankar Mitra Riven with factionalism made worse by a rank and file lowering in morale, West Bengal unit of BJP is not a political outfit which has some reasons to fulfil its promise to emerge as the ruling dispensation of the state post 2026 Assembly elections. Nowhere matching...
Regulatory Norms Under Review To Ease Compliance
NEW DELHI: The finance ministry is assessing all financial regulators in the country and their respective regulatory frameworks to evaluate whether over-regulation is stifling economic activity. According to official sources, the ministry is preparing a draft paper, which will highlight the regulatory provisions that should be relaxed in order...
WPI Inflation Rises To 2.37% In December On Higher Food Prices
NEW DELHI: India’s wholesale price index (WPI)-based inflation went up to 2.37 per cent in December from 1.89 per cent in November 2024, primarily due to increase in prices of food articles, manufacture of food products, other manufacturing, manufacture of textiles and non-food articles, etc, data released by the...
