IPA Staff
16614 stories by IPA Staff
India Set For Resilient Growth In 2025 Driven By Urban Consumption: S&P
NEW DELHI: The Indian economy is set for resilient growth in 2025 on the back of strong urban consumption, steady services sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its latest India Outlook. The global ratings agency kept the FY25 gross domestic product (GDP)...
Restoring Inflation-Growth Balance Most Important Priority For RBI: Shaktikanta Das
MUMBAI: Restoring the inflation-growth balance is the most important task ahead for the Reserve Bank of India (RBI), outgoing Governor Shaktikanta Das said on the last day of his tenure while listing out some key issues for his successor, Sanjay Malhotra. “Restoring the inflation-growth balance is the most important...
Retail Inflation Likely Fell Sharply To 5.6 Per Cent In November
NEW DELHI: Retail inflation, based on the Consumer Price Index (CPI), likely fell to 5.6% in November from a 14-month high of 6.21% in October, according to the median of 17 estimates. The sharp decline in the headline print was mainly due to cooling food prices, specifically of vegetables....
India Pitches For Per Capita Subsidy Formula At WTO To Protect Poor Fishpeople
NEW DELHI: India has flagged the disparity between the high fisheries subsidies of $76,000 per fisher per year, given by developed countries as against $35 that New Delhi gives. At the World Trade Organization (WTO), India has proposed that disciplines to curb harmful subsidies should be based on a...
Budget 2025 May Take A Conservative Path, Peg Nominal Growth At 9.5%
NEW DELHI: The Centre may pencil in a conservative nominal gross domestic product (GDP) growth estimate of 9.5% or thereabouts in the budget for 2025-26, as it expects inflation to slow down next fiscal although economic activity would remain strong, people aware of early deliberations on the matter said....
Making Judiciary Above Suspicion Is The New Task For Chief Justice Of India
By Dr. Gyan Pathak The current week is crucial for the Chief Justice of India Justice Sanjiv Khanna. He has a new task in hand –making judiciary above suspicion. The task has come on his way through two sets of petitions – the first was relating to the Places...
Theocratic Punishments Plague India, The Mother Of All Democracies
By Sushil Kutty He almost took a bullet, but survived the assassination attempt. For Shiromani Akali Dal leader Sukhbir Singh Badal to undergo religious punishment, it wasn’t God punishing him, his mistakes and decisions, during the time he was Punjab’s Deputy Chief Minister, notwithstanding. And it shouldn’t bother any...
Supreme Court Hearing On Places Of Worship Act 1991 On December 12 Is Crucial For The Country
By Arun Srivastava At the first glace it does not appear to be ethically legitimate, complying to the judicial practices, that a three-judge bench would have a relook at the verdict of a five-judge bench which while pronouncing the Ayodhya verdict, had approved the law and held that Places...
Jeremy Seabrook Was A Chronicler Of The Struggles Of The Underprivileged
By Bharat Dogra and Madhu Dogra Jeremy Seabrook, who dedicated his life to writings which speak for the underprivileged and oppressed people everywhere, is no more. He breathed his last in a care home in London on November 30.. He was 86. His absence will be deeply felt by...
Romania’s Annulled Election Sets A Dangerous Precedent For Europe
By Ben Chacko LONDON: The annulment of the first round of Romania’s election marks a new phase in European authoritarianism. Given the growing alienation of populations across the West from “mainstream” politics — Britain is no exception to this — the precedent Romania sets is dangerous. This is the...
Can Germany’s Left Party Die Linke Revive Itself Before 2025 Polls?
By David Broder Julia Damphouse BERLIN: Germany’s Die Linke was once the shining light of the European left. Created in 2007 as a merger between the post-communist Party of Democratic Socialism (PDS) and a pro-labour breakaway from the Social Democratic Party (SPD), in its first decade Die Linke became...
Revenue Secretary Sanjay Malhotra Succeeds Shaktikanta Das As RBI Governor
NEW DELHI: The government on Monday appointed Union revenue secretary Sanjay Malhotra as the 26th governor of the Reserve Bank of India (RBI) for a three-year term starting December 11. The announcement by the Cabinet Committee of Appointments, came just a day before incumbent Shaktikanta Das’s extended six-year term...
Rajasthan Summit: Vedanta, Top Industrialists Announce Major Investments
JAIPUR: At the inaugural conclave of the Rising Rajasthan Global Investment Summit 2024 here on Monday, India’s leading industrialists announced their respective group’s investment plans for the state, including Vedanta Group Chairman Anil Agarwal committing Rs 1 trillion to augment zinc and oil production. The country’s top industrialists, with...
India, Australia Outline Path For Early Conclusion Of Comprehensive FTA
NEW DELHI: The department of commerce on Monday said that India and Australia have “outlined a path forward for the early conclusion” of the Comprehensive Economic Cooperation Agreement (CECA) between both nations. During a three-day stocktake meeting between both nations during 4-6 December, New Delhi and Canberra discussed several...
Blackstone Eyes $10 Billion For Third Asia PE Fund, To Bet Big On India
MUMBAI: Blackstone Inc, the world’s largest alternative asset manager, is aiming to raise $10 billion with its third Asia focused private equity fund, with a major portion allocated to India in 2025. “We are in the process of raising a third Asia focused fund – with the first close...
India’s Upstream Policy Overhaul, Windfall Tax Removal Likely To Draw In Global Oil Firms
NEW DELHI: India’s move to broaden the scope of its exploration policy beyond petroleum and natural gas while abolishing a windfall tax on domestically produced crude oil will likely draw in private and foreign entities to the upstream sector. The exploration and production (E&P) sector has witnessed an uneven...
ONGC May Hold Auctions To Pick Green Energy Project Developers
Oil and Natural Gas Corp (ONGC) is looking to hold auctions to select developers for building its planned 1.2 GW greenfield renewable energy projects, a senior company executive said. India’s largest oil and gas producer aims to hold two rounds of auctions, offering 600 MW in each, with the...
A Booming And Coal-Heavy Steel Sector Risks India’s Green Goals
India’s booming and coal-dependent steel industry means the country faces a “rocky and uncertain path” toward achieving its goal of reaching net zero by 2070, according to Global Energy Monitor. The country has the most steelmaking capacity under development in the world, surpassing even China, the climate research group...
