IPA Staff
16631 stories by IPA Staff
Gap In Credit, Deposit Growth Shrinking But Challenges Remain: RBI
MUMBAI: The gap between credit and deposit growth in banks, which has been a major concern for the Reserve Bank of India (RBI) over the past two years, is finally narrowing, according to the latest State of the Economy report released by the central bank on Friday. As on...
Food Price Volatility Remains A Contingent Risk: RBI Bulletin
MUMBAI: Household consumption is poised to grow faster in the second quarter of the current financial year as headline inflation eases, but food price volatility remains a contingent risk, according to the August Bulletin of the Reserve Bank of India. Amid global slowdown, domestic drivers in India — private...
India, ASEAN Review Trade Pact At Laos Meet
Top leaders of India and Association of SouthEast Asian Nations (ASEAN) on Friday took stock of the progress in the ongoing review of their nearly one-and-half-decades old goods trade agreement at Vientiane in Laos. “The meeting (India-Asean Economic Ministers Meeting) noted the progress in the Asean-India Trade in Goods...
India’s Home And Household Market To Reach $237 Billion By 2030: Report
The home and household sector is expected to reach around $237 billion by 2030, growing at a CAGR of over 10 per cent, stated Deloitte India’s Powering Consumption Growth: India’s Home and Household market report. The growth, it added, will be fuelled by increasing disposable incomes, shifting consumer preferences...
Loss-Making MNCs Liable To Pay Tax On India Setup
MUMBAI: Multinational companies (MNCs) using various outfits in India or engaging people to promote, operate and grow their businesses from the Indian market will have to pay tax attributable to such setups even if these MNCs report losses in their global balance-sheets. This was laid down by a three-judge...
Consumers Feel It’s Normal To Exaggerate Income On Loan Applications: Survey
MUMBAI: Three out of five consumers surveyed in India believe it is normal for people to exaggerate income on loan applications, according to a report on people’s attitudes toward first-party financial fraud. The survey by global analytics software company FICO stated that more than a quarter (27 per cent)...
600 Million Illness Cases Of Foodborne Diseases Annually Says WHO Chief
NEW DELHI: WHO Director-General Tedros Adhanom Ghebreyesus on Friday highlighted the critical role of food regulators in combating unsafe food, which causes 600 million cases of foodborne diseases and 4,20,000 deaths annually. In a video message to the second Global Food Regulators Summit in Delhi, Ghebreyesus said, “Our food...
NFRA’s Plan To Revise Auditing; Need Time For Consultations: ICAI
NEW DELHI: Chartered accountants’ apex body ICAI on Friday asked regulator NFRA to pause the proposed changes in the auditing standard SA 600 pertaining to group audits, saying the move came as a surprise and sought more time for comprehensive review and discussions with all stakeholders. ICAI and NFRA...
Tata Motors, ESAF Tie Up For Small Finance Bank
NEW DELHI: Tata Motors on Friday said it has tied up with ESAF Small Finance Bank to offer financing solutions to its commercial vehicle customers. The entities have inked a memorandum of understanding focused on small commercial vehicles and light commercial vehicles initially, the Mumbai-based auto major said in...
Sensex Crosses Historic 84,000 Mark
MUMBAI: Benchmark Sensex closed above the historic 84,000-mark for first time while Nifty settled at a new record high on Friday, powered by a rally in frontline bank stocks along with upbeat trends in the US and Asian markets. The 30-share BSE Sensex jumped 1,359.51 points or 1.63 per...
Dr. Md. Yunus May Mention Hasina’s Extradition At His Un Address On Sept 27
By Nitya Chakraborty The interim Government of Bangladesh headed by Dr. Muhammad Yunus is doing all the preparatory work for officially demanding the extradition from India of the ousted Prime Minister Sheikh Hasina as early as possible. Indications suggest that Dr. Yunus may mention of this demand at his...
Women, Farmers, And Unemployed May Affect Haryana Poll Outcome
By Dr. Gyan Pathak Almost all political parties in the fray in Haryana Vidhan Sabha Election scheduled for October 5 have focused on women, farmers, and unemployed, which is nothing but the revelation of their assessments that they may affect the poll outcome. Political parties have also played OBC...
Innocuous Battle Between TDP And YSRCP Over Ladoo Turns Bizarre
By Sushil Kutty Former YSRCP Chief Minister Jagan Mohan Reddy left a ‘ladoo’ for TDP Chief Minister Chandrababu Naidu and now there’s ‘big bawal’ in Andhra Pradesh with epicentre at the temple town of Tirupati, where Lord Venkateswara has been cynosure for forever. The ‘ladoo’ is prasadam, offerings to...
Time To Fight Myths And Obscurantist Ideas About Treatment Through Medical Education
By Dr Arun Mitra Unaware of the reasons of various happenings around, the ancient man attributed celestial causes to various natural events like rain, fire, earthquake etc. Thus they thought diseases to be a result of anger displayed by some super natural divine power. The remedy too was primitive...
Nitish’s Land Survey: Corruption Allegations From Tejashwi, Manjhi
By Rahil Nora Chopra Political temperature is in Bihar soaring high, as the Revenue and Land Reforms Department of the Nitish Kumar-led government conducts a land survey, covering 45,000 villages across the state. Former Deputy CM and RJD leader Tejashwi Yadav is trying to draw political capital out of...
Elephant Culling In Zimbabwe Has Posed Many Ethical And Economic Questions
By Tirthankar Mitra Once dubbed a royal sport and then s decision of banning hunting in several countries seems to have rebounded if the decision of Zimbabwean government to cull it’s elephant population is anything to go by. It is in response to a severe draught highlighting the intersection...
Remembering Dramatist Sean O’Casey On The 60th Anniversary Of His Death
By Jenny Farrell NEW YORK: Sean O’Casey was the first English-speaking dramatist of international significance to emerge from the proletariat. His proletarian consciousness made his plays a significant part of Irish and international theatre history, securing their enduring relevance. O’Casey was not only a talented playwright but also a...
India Isolates Itself Completely From BRIC Partners On Israel Occupation Issue
By Nitya Chakraborty What is happening to Indian foreign policy during the third term of the Prime Minister Narendra Modi? Is India a vassal state to the United States in 2024 disconnecting all its political links with the country’s BRICS partners? On September 18, a day after our PM’s...
