IPA Staff
16626 stories by IPA Staff
Adani Group MCAP Plunges By Rs 2.19 Lakh Crore After Bribery Charges In US
NEW DELHI: The combined market valuation of all 10 listed Adani group firms fell by Rs 2.19 lakh crore on Thursday, more than double of what the conglomerate lost when the US short seller Hindenburg brought out a damning report in January 2023. Shares of Adani group firms fell...
KMF Enters Delhi-NCR With Competitive Pricing On Nandini Products
NEW DELHI: Karnataka Chief Minister Siddaramaiah on Thursday launched the Karnataka Milk Federation’s (KMF) Nandini brand milk products in the Delhi-NCR market, pricing them marginally lower than competitors to gain a foothold in the region. The cooperative will retail four cow milk variants, curd, and buttermilk from Friday, with...
Belrise Industries Files Papers To Raise Rs 2,150 Crore Via IPO
NEW DELHI: Automotive component maker Belrise Industries has filed preliminary papers with capital markets regulator Sebi to raise Rs 2,150 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red...
Outcome Of Two Assembly And UP Bypolls Will Have Impact On Choice Of Next BJP President
By Arun Srivastava Muslims have no right to vote: this is the message that was sent by the state machinery and police to the country on November 20, while the elections to the assembly were underway in Maharashtra and Jharkhand and nine by-elections were held in Uttar Pradesh. Nevertheless,...
Big Victory For Left In Sri Lanka Parliamentary Polls Is A Heartening Development
By P Sudhir The National People’s Power (NPP) has won a historic victory in the Sri Lankan Parliament elections. For the first time, a political party has won a two-thirds majority through the proportional representation system. The NPP has won 159 of the 225 seats polling a record high...
President Putin’s Hardening Of Nuclear Doctrine Is Meant For Ukraine’s European Allies
By Anjan Roy As if he needed a doctrine to make a strike, the Russian president Vladimir Putin, has amended the so-called Russian nuclear doctrine. The change provides for Russia to strike even a non-nuclear state with nuclear weapons in case it is “supported” by a country which has...
India Needs Revenue Boost To Remain On Sustainable Fiscal And Growth Path
By Dr. Gyan Pathak Centre and State governments in India are in need of raising both tax and non-tax revenue, dismantling the administered pricing mechanism, reducing subsidies, and reorienting expenditure toward national and state-level priorities. This is essential to ensure India remains on a sustainable fiscal path with higher...
For Chief Minister Yogi Adityanath, Results Of Nine Bypolls Are Linked To His Future
By Sushil Kutty The results of the nine Uttar Pradesh bypolls will by far be more important than those of Maharashtra and Jharkhand assembly polls, if only because Chief Minister Yogi Adityanath, who spent a lot of time in both states, cannot afford to lose Uttar Pradesh to Samajwadi...
On November 26, Constitution Day, Indian People Have To Protect Its Core Values
By Krishna Jha On November 26, 1949, our Constitution was adopted and became operative on January 26, 1950. On December 18, 1976, by 42nd Amendment, the term secular was incorporated in the Preamble. It was one of the fundamentals on which the idea of India blossomed with a civil...
Bangladesh Interim Govt Set To Do Away With All Legacies Of Mujibur Rahman And Liberation War
By Kunal Bose A fascist has one too many abominable attributes. But basically, someone to be called fascist will be found to be anti-liberal and anti-left. A fascist leader will be promoting a nationalist dictatorship and he will have a positive disposition to violence. Mass mobilization besides, he will...
Big Dilemma Of Democratic Party Socialists With Biden Administration
By Satyaki Chakraborty The victory of the Republican candidate Donald Trump in November 5 U.S. Presidential elections defeating the Democratic Party nominee Kamala Harris has brought to light the big dilemma of the pro-Bernie Sanders socialist wing of the Democratic Party. Sanders is a long time senator heading the...
Unchecked Inflation Can Hurt Real Economy Prospects, Says RBI Report
MUMBAI: Following retail inflation spike in October, the Reserve Bank of India’s (RBI’s) state of the economy report warned that rising prices, if unchecked, would undermine prospects of the real economy while cautioning on the spillover effect of rising food prices on headline and said uptick in core inflation...
Services Exports To Outgrow Merchandise By FY30: GTRI
NEW DELHI: Services exports at around $618 billion are expected to outpace merchandise exports by FY30. Within services, information technology and IT-enabled services (ITeS) may take a backseat, according to a report. Between 2018-19 and 2023-24, goods exports witnessed a compounded annual growth rate (CAGR) of 5.8 %, while...
India and The UK Set To Resume Free Trade Agreement Negotiations In 2025
NEW DELHI: India and the United Kingdom are poised to resume talks for their proposed Free Trade Agreement (FTA) in early 2025. This follows an announcement by British Prime Minister Keir Starmer after a bilateral meeting with Indian Prime Minister Narendra Modi at the G20 Summit in Brazil. The...
IT Companies Gear Up To Retain Business As New Deals Dry Up
BENGALURU: Following an expansion in large deal pipelines during 2022 and 2023, there is a noticeable decline in new mega IT deals entering the market. However, with a slew of renewals coming up next year, incumbents will defend their business interests and revenue. Although these contracts are up for...
Initial Public Offers Wait For Visibility As Fog Deepens
MUMBAI: With the stock markets going through a phase of steep correction for over a month now, many companies which had planned initial public offers (IPOs) are waiting for clarity before taking the plunge, said investment banking sources. “We are not in favor of launching issues right now as...
LNG Imports Likely To Rise 7 Per Cent In 2025
NEW DELHI: India’s import bill for natural gas surged by 17% to $8.9 billion during the first seven months of the current fiscal compared with $7.6 billion in the same period a year ago due to rise in consumption particularly by the city gas distribution companies and the power...
Chief Minister Chandrababu Naidu Fulfills Promise: Rs 60,000 Crore BPCL Project To Come Up Near Andhra Port
NEW DELHI: Andhra Pradesh is set to get an oil refinery and a petrochemical hub at Ramayapatnam in Nellore district that entails an investment of Rs 60,000 crore, fulfilling a promise made at the time of the state’s bifurcation in 2014 and giving chief minister N Chandrababu Naidu a...
