IPA Staff
16614 stories by IPA Staff
Down And Out In INDIA Bloc, Congress Fights The Blues
By Rahil Nora Chopra In the wake of significant electoral defeats, Congress’ allies are seeking to reframe the power equations. For instance, Jammu & Kashmir Chief Minister Omar Abdullah has asked the Congress to justify its leadership role in the INDI-Alliance instead of taking it for granted. TMC Chief...
Right To Information Is Being Constricted By Government & Judiciary
By Shailesh Gandhi I saw a video on YouTube in which the Supreme Court was scolding a young lawyer for having sought information about a municipal body by inspection. The court was asking him why he wanted this information and telling him not to use the right to information...
Elon Musk Gets Donald Trump To Push For Government Shutdown
By Mark Gruenberg and John Wojcik Apparently heeding his corporate “handler,” multibillionaire Elon Musk, Republican President-elect Donald Trump torpedoed a spending agreement covering the federal government from now through March 14 unless congressional Democrats raised the U.S. debt ceiling. Musk and Trump don’t want to deal with the mess...
Rupee Slides Past 85 Vs $ To Hit New Low After Hawkish US Fed Outlook
MUMBAI: The rupee breached the psychologically significant 85-per-dollar mark, and government bond yields rose on Thursday following the US Federal Reserve’s meeting, which signalled a more cautious pace of future interest rate cuts, unsettling financial markets, according to dealers. Several Asian currencies performed worse than the rupee. Indian equities...
Unregulated Lenders Could Face Up To 10 Years In Prison
NEW DELHI: The Centre has floated a draft Bill to bar all persons or entities not authorised by the financial sector regulators and not registered under any law from public lending. The new law, which will extend to the digital sector, where unathorised lending apps proliferate, will include provisions...
NITI Aayog Pushes For Funding To Build Quarters For Workers Near Factories
NEW DELHI: NITI Aayog on Thursday released a report suggesting a host of measures, including viability gap funding (VGF) of up to 40 per cent of the total project cost — excluding land — for the Centre’s ambitious scheme to build mega housing projects near manufacturing plants where industrial...
Curb Subsidies To Build Critical Infrastructure, RBI Tells States
NEW DELHI: With reforms fostering overall fiscal sustainability at the subnational level, states need to adopt “next-generation” fiscal rules, time-bound glide paths for fiscal consolidation, and rein in subsidies and freebies, the Reserve Bank of India (RBI) said in a report on Thursday. State governments contained their consolidated gross...
Foreign Investors Seek Greater Fungibility Of FDI And FPI Rules
MUMBAI: International investors are trying to overcome a hurdle to raise stakes in Indian companies that come across as long bets. They are knocking on the doors of the government and financial market regulators, urging them to rethink a rule that forbids an overseas investor from being a foreign...
Nearly Half Of Indian International Travellers Made Last-Minute Flight Bookings In 2024: Report
NEW DELHI: The year 2024 witnessed a rise in spontaneous travel among Indian international travellers, with nearly half of them making last-minute plans, barely less than a week before their departure, reveals a new report. The travel report, conducted by travel-banking fintech platform Niyo, highlights the evolving mindset of...
Indian Oil Corporation To Invest Over Rs 21,000 Crore In Bihar Refinery Expansion
PATNA: Indian Oil Corporation (IOC) – the nation’s top oil firm – will invest over Rs 21,000 crore to expand the Barauni refinery in Bihar as well as in setting up a city gas distribution network across the state, a senior executive said on Thursday. IOC is expanding its...
India’s EV Market To Reach Rs 20 Lakh Crore, To Create Five Crore Jobs By 2030
NEW DELHI: Union minister Nitin Gadkari on Thursday said the Indian electric vehicle market potential is likely to touch Rs 20 lakh crore and will create around 5 crore jobs across the entire EV ecosystem by 2030. Addressing the ‘8th Catalyst Conference on Sustainability of E-Vehicle Industry – Evexpo...
SEBI Introduces Timelines For NFO Fund Deployment, Eases AMC Employee Interest Alignment Rules
NEW DELHI: Markets regulator Sebi has decided to introduce timelines for deploying funds raised through New Fund Offers (NFOs) by asset management companies (AMCs) and relaxed regulatory framework regarding the alignment of AMC employees’ interests with those of unitholders. Additionally, the regulator has mandated disclosure of stress testing for...
Flyzy Partners With Adani Digital Labs To Enhance Dutyfree, Pranaam Service
NEW DELHI: Flyzy on Wednesday announced a partnership with Adani Digital Labs, a subsidiary of the Adani Group. This strategic collaboration will enable Flyzy customers to conveniently purchase duty-free items and avail Adani Pranaam services directly through the Flyzy’s dashboard. The integration is now live, offering Flyzy users the...
Physical Confrontation In Parliament Is A Symptom Of Democratic Breakdown
By Dr. Gyan Pathak Just a day before the scheduled end of the winter session of the Parliament of India, the confrontation between the ruling NDA and the Opposition INDIA bloc turned physical at its entrance, and several MPs were injured. It is something different from the issue-based confrontations...
Bills On Simultaneous Elections Are Damaging To The Constitution
By P. Sudhir Two days after the BJP leaders waxed eloquent about protecting the Constitution in the debate in the Lok Sabha to mark the 75th anniversary of the framing of the Constitution, the Modi government has introduced a Constitution Amendment Bill, which seeks to damage the Constitution and...
Pushed And Shoved When Making A Fashion Statement In Parliament
By Sushil Kutty When push comes to shove, there’s no beating LoP in the Lok Sabha, Rahul Gandhi, the only muscular MP in Parliament who can stand up to the ‘56” ki Chaati’ though there are pictures of Parliamentary Affairs Minister Kiren Rijiju flexing his muscles in a gym....
Indian Economy With Its Possible 6.6 Per Cent Growth Rate In 2024-25 Is Not Doing Too Badly
By Anjan Roy Within the span of this week, we have got two completely different and contrasting views of the Indian economy — one from the finance minister, Nirmala Sitharaman, and the other from the leader of the opposition Rahul Gandhi. Both could not be true at the same...
In Uttar Pradesh, Samajwadi Party And Congress Have To Function More As A Team
By Arun Srivastava An impression had gained ground that Uttar Pradesh is the stronghold of the rightist forces led by RSS and BJP and the saffron ecosystem intends to turn it into the Hindutva laboratory. While the results of the Lok Sabha have shattered this belief, the latest developments...
