IPA Staff
16614 stories by IPA Staff
Why Is The Narendra Modi Government Keeping Mum On Imposition Of Super Tax On Rich?
By Nitya Chakraborty Less than two months are left for the presentation of the second budget of the third term Narendra Modi government in Parliament in February next year relating to the financial year 2025-26. The budget exercises are on in the finance ministry and the focus is on...
Supreme Court Must Come To Rescue People From The Communal Fire
By Dr. Gyan Pathak There is more to the communal fire into which people of India are being systematically pushed, both through illegal and legal stratagem. There are instances of even misusing the apex legal platform of the country the Supreme Court of India. Hearings by various courts in...
The Pandora’s Box And When Will The Surveys Of Mosques Stop
By Sushil Kutty Sambhal and then the Khwaja Ajmer Dargah. The latest is a mosque in Badaun, Uttar Pradesh, where the lower judiciary is again playing Cupid with the villain Hindu, ordering a survey of the Shamsi Shahi Masjid, not willing to concede that surveys of mosques and Muslim...
Retired CJI Chandrachud Has Gone Half Way In Protecting The Human Rights
By Arun Srivastava Intriguing indeed former chief justice of India, Dhananjay Yeshwant Chandrachud is scared of how history would ‘judge’ his tenure. Speaking at the convocation of the JSW Law School in Bhutan, he expressed his fear; “As my tenure is coming to an end, my mind has been...
CPI(M) Hardens Stand Against Kerala Governor Arif Md. Khan
By P. Sreekumaran THIRUVANANTHAPURAM: The Communist Party of India(Marxist) has hardened its stand against Kerala Governor Arif Mohammed Khan, who in his capacity as the Chancellor of Universities , is trying hard to saffronise higher education, undermine the functioning of State-funded universities and render the State Assembly ineffectual by...
Ukraine President Zelensky Is Finally Recognising That He Can Not Win Against Russia
By Ben Chacko LONDON: Ukraine’s President Volodymyr Zelensky is approaching the most dangerous moments in his political career. He has suggested that the war with Russia might end with a diplomatic settlement that included membership of NATO. Implicit in this is a recognition that his previous position — that...
Rupee Stares At 85 Against Dollar Amid GDP Worries, Hits Fresh Low Of 84.70
MUMBAI: The rupee slid to a fresh low of 84.70 versus dollar on Monday, driven by concerns over slowing economic growth and heightened greenback demand in the non-deliverable forwards (NDF) market, dealers said. The domestic currency declined 0.25 per cent during the day, marking its steepest fall since June...
Manufacturing PMI Drops To 11-Month Low Of 56.5 Amid Intensifying Price Pressures, Weak Demand
NEW DELHI: India’s manufacturing activity slowed in November, with the Purchasing Managers’ Index (PMI) dropping to a 11-month low of 56.5, down from 57.5 in October, despite downward movements in most of its subcomponents, data released by S&P Global on Monday showed. The drop signalled a softer improvement in...
Government’s FY25 Capex May Miss Target By Up To 9 Per Cent
NEW DELHI: With the spending capacity of government departments and agencies already overstretched, the Centre’s capital expenditure will likely fall short of the annual target of Rs 11.11 lakh crore by up to Rs 60,000 crore-Rs 1 lakh crore, sources told FE. After the gross domestic product (GDP) growth...
Major Overhaul Of Customs Duty On Over 100 Items Likely In FY26 Budget
NEW DELHI: The government is likely to go for a major overhaul of the basic customs duty on more than 100 items in the Budget for FY26, in order to align the rates with global trade dynamics and correct the inverted duty structure, according to a senior official. The...
Dutch Investor Prosus To Raise Bets On India
MUMBAI: Dutch technology investor Prosus, which has invested over $8 billion in the country, will raise its bets on India, where more people are coming online, expanding opportunities for companies and investment firms alike and giving new startups room to find their feet. India is very “heterogeneous” – people...
Govt Scraps Windfall Profit Tax On Domestic Crude Oil, Export Of Fuels
NEW DELHI: The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy...
ONGC Eyes Mining Of Offshore Minerals
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) is looking to venture into mining of offshore minerals given the company’s technical expertise in drilling in subsurface and offshore areas, a senior executive at the company said. “We are not looking to bid right now (under the first tranche...
Steel Ministry Proposes 25 Per Cent Safeguard Duty On Steel Imports
NEW DELHI: Taking up the concerns of domestic steel industry, the steel ministry on Monday proposed for a 25 per cent safeguard duty on import of certain steel items into the country. The proposal came at a meeting between Union Minister of Steel H D Kumaraswamy and Commerce and...
Markets Rally In Early Trade On Buying In Blue-Chip Stocks, Firm Global Peers
MUMBAI: Benchmark indices Sensex and Nifty rallied in early trade on Tuesday amid buying in blue-chip stocks like HDFC Bank and State Bank of India and firm trends in global markets. The BSE benchmark Sensex climbed 300.98 points to 80,549.06 in early trade. The NSE Nifty went up by...
Goyal Calls For Promoting Sustainable Consumption Pattern To Cut Carbon Footprint
NEW DELHI: Commerce and Industry Minister Piyush Goyal on Monday called for promoting sustainable consumption patterns to cut carbon footprint and resolve issues of environment. He said that people of the world would have to focus on consuming products which are environmentally sustainable. “We need to be conscious of...
Adani Green Energy Shares Jump 9 Per Cent In Morning Trade
NEW DELHI: Shares of Adani Green Energy jumped 9 per cent on Monday morning after Adani group chairman Gautam Adani said his conglomerate was committed to compliances and “every attack makes us stronger” amid recent allegations and his indictment in the US. The stock of Adani Green Energy Ltd...
Rising Counterfeit Indian Currency Threatens To Unsettle Economy
By Nantoo Banerjee It is a matter of grave concern that counterfeit Rs 500 notes from the Mahatma Gandhi (new) series have nearly quadrupled between 2018-19 and 2023-24. And, the detection of counterfeit Rs 2,000 notes has tripled since 2020-21. The Rs 2,000 notes continue to remain legal tender...
