IPA Staff
16626 stories by IPA Staff
IRDAI Seen Nudging Insurance Companies To Go Public
MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) is nudging insurers to go public. However, unlike the Reserve Bank of India (RBI), which has given banks a timeline to list, the insurance regulator is “using moral suasion during one-on-one meetings” with senior executives of insurance companies which...
IT Companies Appraisal, Hike Cycles Shift From June To September Quarter
BENGALURU: The timing of salary increases within many IT companies has shifted from the traditional April-June period to the third quarter of the year, introducing a level of uncertainty as the process is now influenced by the demand outlook. Salary increases have become more unpredictable in recent years, with...
Amul Set To Enter European Market After US Success
JAMSHEDPUR: Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL’s recently launched milk in US has been “highly successful” and they are now ready to enter the European market, which would mark a historic moment for the brand. Delivering the 11th Dr...
Hindalco, JSW Steel Bid For Jharkhand Copper Mines
NEW DELHI: Aditya Birla Group firm Hindalco Industries and Sajjan Jindal-led JSW Steel are in the race for two copper mines in Jharkhand which will be put on sale this month, sources said. Both mines have a combined capacity of three million tonne per annum. Hindalco Industries and JSW...
Mcap Of Nine Of Top-10 Most Valued Firms Erodes
NEW DELHI: Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last week, with Reliance Industries and HDFC Bank taking the steepest hit, in line with weak trends in equities. Markets faced heavy drubbing last week amid worsening tensions in the...
High GST Rates Hinder Growth Of India’s Carbonated Soft Drinks Market
NEW DELHI: Carbonated soft drinks segment in India is unable to reach its potential in terms of scale expansion due to barriers such as high taxation under the GST regime despite government’s initiatives like ‘Make in India’ and ‘Aatmanirbhar Bharat’, according to a report by economic think tank ICRIER....
Auto Industry Expects Robust Sale During Festive Season
NEW DELHI: Auto industry players are eyeing robust performance in the ongoing festive period to lift overall consumer sentiment and set the tone for the rest of the year amid slowing demand. The festive season usually commences with Onam and ends with Diwali every year. Kia India National Head...
Centre Moves To Nominate Five Members To The Elected J&K Assembly
By Sant Kumar Sharma JAMMU: In something that is happening for the first time in its electoral history, Lieutenant Governor Manoj Sinha will soon nominate five members to the Legislative Assembly of Jammu & Kashmir. These nominated MLAs will have voting rights and can play an equal role as...
Yogi Adityanath Planning A ‘Maha Kumbh’ With 2027 Elections In Mind
By Sushil Kutty Uttar Pradesh Chief Minister Yogi Adityanath will be in Prayagraj on October 6 with the stage set for the next explosive episode of ‘Hindu-Muslim’. Prayagraj is anticipating a monstrous ‘Maha Kumbh’ in 2025 and preparations are in swing. Chief Minister Yogi Adityanath will announce the dates...
Crisis-Triggered Oil Price Spike Is For Real, But Its Sustainability Is In Doubt
By K Raveendran The ongoing escalation of conflict in the Middle East has sent crude oil prices surging by more than 5% within a week, hitting around $77 per barrel. This spike has raised alarm among major oil-consuming nations, particularly as the region, long a critical oil hub, continues...
Data Gap Prevents True Glimpse Of The State Of Ocean In India
By Dr. Gyan Pathak Serious data gaps exist in Ocean Ecosystem Accounts which is preventing the country to have true glimpse of the state of oceans in India. There are several threats to the coastal areas, of which soil erosion is one of the biggest. EnviStats India 2024: Environment...
Union Minister Nitin Gadkari Emerging As A Parallel Power Centre In BJP
By Harihar Swarup Is Nitin Gadkari trying to send a message to the BJP central leadership ahead of the Maharashtra elections? The Union Minister of transport and highways skipped Prime Minister Narendra Modi’s visit to Wardha on September 20 to launch the Acharya Chanakya Skill Development scheme and to...
Argentina’s Reform Measures Hit The Poorest People Sparing The Rich
By Tirthankar Mitra Better known for the wizardry of its footballers, all is not well with Argentina. Its economic crisis has reached an alarming point with poverty rates expected to surpass 50 per cent. Poverty was higher in the first half of this year coupled with inflation. Health care...
No Stopping India’s Growth, Reforms: PM
NEW DELHI: India will continue with its programme of structural reforms on its way to becoming a developed nation, Prime Minister Narendra Modi said, describing the country as a “sweet spot” amid global uncertainty. “The government is following the mantra of Reform, Perform and Transform… Bharat has made ‘process...
Ecommerce Companies Get Interim Stay On CCI Proceedings
NEW DELHI: The Karnataka High Court has imposed an interim stay on the competition watchdog’s proceedings against Flipkart and Amazon due to a procedural lapse on the part of the director general (DG) investigating alleged foreign direct investment (FDI) rule violations by the two ecommerce companies. The initial report,...
Demand Slowdown Pulls Down Services PMI To 10-Month Low In September
NEW DELHI: Growth in India’s dominant services sector declined to a 10-month low in September on the back of a slowdown in demand as new business, international sales, and output all rose at their slowest rates since late 2023, according to a private business survey released on Friday. The...
‘Navratna’ MTNL Is Now An NPA In SBI’s Books
MUMBAI: Mahanagar Telephone Nigam (MTNL), a Navratna company, has been declared a non-performing asset (NPA) by State Bank of India (SBI), the state-run telco informed the exchanges on Friday. This comes a month after Punjab National Bank (PNB) downgraded the loan accounts of the company, which provides services in...
China Outpacing India In Technology, Defence Production & Infrastructure, Says IAF Chief
NEW DELHI: With China steadily eroding India’s air combat advantage along the frontier by deploying a greater number of aircraft, the Indian Air Force chief on Friday said his force was also upgrading its forward airbases and advance landing grounds, while asking Hindustan Aeronautics Limited for faster delivery of...
