IPA Staff
16593 stories by IPA Staff
Steel Slump, Surge In Chinese Imports Could Put SAIL, Other CPSEs’ Capex Plans At Risk
NEW DELHI: PSU steel-major, SAIL has put its capex plans “under-review” following a continued fall in steel prices, rising imports of the alloy from China and its own high debt position. The price slump of the metal, if it continues, could have an adverse impact on capex plans of...
MOIL Eyes Gabon For Manganese Ore Mining; MoU Likely Soon
NEW DELHI: State-owned MOIL (formerly Manganese Ore India Ltd) is looking to enter into MoUs for exploration and possible acquisition of manganese mines in the Central African nation of Gabon, while due diligence and discussions are under-way for similar acquisition opportunities in South Africa, a top official aware of...
Ultra Maritime & BDL To Co-Produce Sonobuoys For Indian Navy
NEW DELHI: US-based Ultra Maritime and defence PSU Bharat Dynamics Limited (BDL) will co-produce sonobuoys, used for detecting underwater movement especially of submarines, for the Indian Navy at a facility in Vishakhapatnam which is expected to become operational by 2027. The co-production of US specification sonobuoys equivalent to those...
Centre Estimates GDP Growth At 6.4% In FY25, Lowest In Four Years
NEW DELHI: India’s economy is estimated to slow to a four-year low in 2024-25 due to moderation in manufacturing and sluggish investment, while robust growth in the farm sector is expected to provide some support and help boost rural consumption. The first advance estimates for the current financial year,...
India Inc Wakes Up To Stern Default Rule
MUMBAI: A top-rated, solvent corporate can be caught in a nasty surprise of a downgrade to ‘D’ or ‘Default’ category, even if for a few hours, if a demanding rule laid down by the capital market regulator is not followed to the T. The rule is simple: if a...
Microsoft To Invest $3 Billion In AI, Cloud Expansion In India
BENGALURU: Microsoft will invest $3 billion (about Rs 25,700 crore) to expand its cloud computing and artificial intelligence capabilities in India, its chief executive officer Satya Nadella said on Tuesday. The tech giant will also train 10 million people in AI skills in India by 2030, Nadella said, addressing...
Banks’ Profitability Likely To Moderate In FY26, Says India Ratings
MUMBAI: Indian banks’ profitability is expected to moderate in FY26 after reaching an inflexion point in FY25, due to delinquencies from over-leveraging of unsecured assets and an increase in unsecured credit costs, analysts at India Ratings said on Tuesday. “Ind-Ra estimates that the rapid improvement in financial metrics seen...
Govt Considers New Safety Devices For Heavy Commercial Vehicles To Check Accidents
NEW DELHI: To put a check on rising road accidents, the government is considering installation of three new safety devices on heavy commercial vehicles that will stop drivers from dozing off at the wheel and have provisions for emergency braking and vehicle stability, road transport and highways minister Nitin...
For AAP And BJP, The Final Battle For Delhi Is Set For February 5
By Sushil Kutty Voting is on February 5. Results will be declared on February 8. The BJP put out a poster within minutes of the announcement that Delhi will have a BJP Chief Minister by mid-February. But the BJP was beaten to the claim by AAP spokesperson Priyanka Kakkar...
Is Justin Trudeau The First Victim Of Trump-Musk Duo’s Far Right Offensive In 2025
By Nitya Chakraborty Is the Canadian Prime Minister and the ruling Liberal Party leader Justin Trudeau’s resignation marks the first success of the Donald Trump-Elon Musk duo in organising regime change as a part of far right agenda in 2025? Apparently, many might argue that this was not so...
Draft UGC Regulation 2025 Undermines Higher Education
By Dr. Gyan Pathak The Draft UGC (Minimum Qualifications of Appointment & Promotion of Teachers and Academic Staff in Universities and Colleges and Measures for the Maintenance of Standards in Higher Education) Regulations, 2025 released by Union Minister for Education Dharmendra Pradhan paves the way for greater control of...
Global Cooperation At Crossroads Due To Rising Geopolitical Uncertainty
By Satyaki Chakraborty The World Economic Forum (WEF) the organization of the leading global heads of the companies will be meeting in Davos Switzerland from January 20 to 24 this year to discuss the issues of development in an era of conflict. The World Economic Forum’s Global Cooperation Barometer...
Is Physical Media In The Last Phase Due To Domination Of Digital Ownership?
By David Moscrop Physical media has been up against decline for years, as manufacturers and retailers drop DVDs, Blu-rays, and video games on disc in favor of their digital alternatives, including streaming and downloaded copies of films, television programs, and games. The lure of the digital is real —...
The Global Far Right’s Dangerous Game Is On In Full Force In 2025
By John Green LONDON: Around the world, we have been witnessing the rise of new right-wing and neofascist political forces at the same time as we have experienced the demise or marginalisation of strong left-wing forces. We face a new and more virulent Donald Trump presidency in the US,...
Consent Manager Framework A Key Big Tech Concern
NEW DELHI: Major technology firms, including Google, Amazon, Meta and Apple, plan to engage with the ministry of electronics and IT (MeitY) over concerns regarding the consent manager framework and a proposed government-appointed committee overseeing cross-border data transfers. These discussions will be a part of the public consultations on...
Banks, NBFCs See Hit To Cross-Selling
MUMBAI: Weighed down by the draft rules under the Digital Personal Data Protection (DPDP) Act, released on Friday, financial sector entities are hoping the final norms will provide them some relief from a potential hit to their cross-selling capabilities. According to the draft rules, banks and NBFCs will no...
Services PMI Hits 4-Month High Of 59.3 In December On Demand Buoyancy
NEW DELHI: India’s services sector remained strong in the month of December with HSBC India Services Business Activity Index, or services PMI for the month at 59.3, highlighting the strongest rate of expansion in four months. The services sector ended the year 2024 on a strong footing, on demand...
Big 4 In India Outshine MNC Parents; Combined Revenue Seen At Over Rs 45,000 Crore In FY25
MUMBAI: The Indian arms of the Big Four — Deloitte, PwC, EY and KPMG — outpaced their global parents in FY24 revenue growth numbers, fuelled by strong demand for consulting and tech consulting services, with their combined revenue expected to surpass Rs 45,000 crore by FY25 at the current...
