IPA Staff
16639 stories by IPA Staff
ArcelorMittal Nippon Steel India Invests Rs 1000 Crore For New Production Line In Gujarat
KOLKATA: ArcelorMittal Nippon Steel India has invested nearly Rs 1,000 crore in its Gujarat plant to set up a production line for Magnelis, a global product from ArcelorMittal’s stable, as the firm moves to capture over 50 per cent domestic market share for steel supplies to solar projects. Apart...
Steel Ministry Mulls Taking Up Financing Options For Decarbonisation Projects
NEW DELHI: The Steel Ministry could consider taking up financing options to carry out or support decarbonisation projects in the sector. The schemes will likely be funded through PLI (performance-linked incentives) and discussions on this are underway, Steel Minister HD Kumaraswamy told businessline. While discussions on such schemes or...
Cabinet Clears Chandrayaan-4, Venus Orbiter Mission For Space Exploration
CHENNAI: The Union Cabinet on Wednesday cleared the new moon mission Chandrayaan-4 and approved the development of the Venus Orbiter Mission (VOM) as part of the government’s vision to explore and study the Earth’s closest planet. The Chandrayaan-4 will develop and demonstrate the technologies to come back to Earth...
HAL To Deliver Last Four Tejas MK-1 Trainers To IAF In 6 Months
NEW DELHI: State-run aircraft maker Hindustan Aeronautics Limited (HAL) will deliver the last four light combat aircraft (TEJAS MK-1) trainers to the Indian Air Force by March 31, 2025, with the twin-seater jet filling a key training role and doubling as a fighter if needed, officials aware of the...
Prime Minister Narendra Modi’s First 100 Days In Third Term Passed With Little Hoopla
By Sushil Kutty The NDA government of Prime Minister Narendra Modi completed its first 100 days on September 17 with Modi as third term Prime Minister. How did he fare was the topic of the day, which was also his birthday. Prime Minister Narendra Modi turned 74 on Tuesday...
Renaming Vande Metro To Namo Rapid Rail Not As Innocuous As It Sounds
By K Raveendran Narendra Modi’s administration, since its rise to power, has been actively distancing itself from the tradition of naming state-sponsored initiatives after members of the Nehru-Gandhi family. This practice has long been a hallmark of the Congress era, but the trend of eliminating or renaming these projects...
People In 14 States And Union Territories Earning Below National Average
By Dr. Gyan Pathak People in 14 states and Union Territories of India were earning below the national average in 2023-24. Out of these 9 are larger states and UTs –Assam, Bihar, Jharkhand, Madhya Pradesh, Chhattisgarh, Odisha, Rajasthan, Uttar Pradesh, and West Bengal, while 5 are smaller – Manipur,...
North East Students Body Takes Initiative In Breaking Impasse In Manipur
By Rabindra Nath Sinha KOLKATA: The North East Student’s Organisation (NESO) which as a matter of principle sticks to educational and student-related issues, seems poised to stretch a point and initiate reconciliation efforts in strife-torn, hapless Manipur. On September 12 NESO made a modest start to this end by...
In India, The Female Population Bear The Brunt Of Humiliation From Birth Itself
By Krishna Jha The girl was molested barbarically. She has asked to be shot. She hates life, a woman’s life. Even after hours, she is unable to face the horror of reality. She has refused to give the statement …and thus bring back the episode live. That was September...
Widespread Impact Of Bangladesh Political Crisis On National Economy
By Tajul Islam As Bangladesh navigates the current turmoil, the path to economic recovery seems increasingly difficult, requiring prompt and decisive action from the interim government to bring stability and restore confidence among both the public and investors. The political unrest has introduced uncertainty, which is directly affecting economic...
India Needs Stronger Laws To Combat Misinformation In Expanding Digital Economy
By Arun Kumar Shrivastav On September 16, the Adani Group issued a press release to address a false statement circulating about its recent projects in Kenya. The fake press release claimed that the group had threatened Kenyan protestors who were opposing the deal to hand over Nairobi’s Jomo Kenyatta...
WPI Inflation Drops To 4-Month Low Of 1.31% In August On Lower Prices
NEW DELHI: India’s wholesale price index (WPI)-based inflation fell to a four-month low of 1.31 per cent on an annual basis in August from 2.04 per cent in July due to a reduction in the prices of manufactured products and food items, according to data released by the Ministry...
NBFCs Throng Bond Market To Fund Festival Credit Demand As Bank Funding Slows
MUMBAI: A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds...
India’s Exports Shrink 9.3% In August, Trade Deficit At 10-Month High
NEW DELHI: India’s trade deficit widened to a 10-month high of $29.7 billion in August as imports hit a record high of $64.4 billion on doubling of gold inflows, and exports contracted for the second month in a row to $34.7 billion due to softening of oil prices and...
NFRA Moots Changes To Group Audit Norms
NEW DELHI: The National Financial Reporting Authority has issued a draft of the revised Standards on Auditing 600 (SA 600), and sought public comments on it, as the agency aims to improve the quality of group audits in the country, which is “severely deficient” as of now. The key...
Free Trade Agreement Talks With UK To Resume Next Month
NEW DELHI: India and the UK are expected to restart the negotiations on the Free Trade Agreement in October as the new Labour government in the island nation is currently being briefed about the status of the talks by their officials, commerce secretary Sunil Barthwal said Tuesday. The two...
Steel Industry Urges Govt To Review FTAs To Address Chinese Dumping In India
India’s trade data for August 2024 has drawn mixed reactions from industry experts, reflecting both optimism and concern. The PHD Chamber of Commerce and Industry (PHDCCI) praised India’s resilience in exports, highlighting a robust 5.3 per cent year-on-year growth in overall exports between April and August 2024. The cumulative...
India, China Imports Up 15.55 Per Cent In August
NEW DELHI: India’s exports to China dipped by 22.44 per cent to USD 1 billion, while imports rose by 15.55 per cent to USD 10.8 billion in August, according to the commerce ministry data. Cumulatively, in the April-August period this fiscal, exports to the neighbouring country dipped by 8.3...
