IPA Staff
16639 stories by IPA Staff
Decoding Publication Of Karl Marx’s ‘Capital’ 157 Years Ago On September 14
By Marcello Musto No matter how many decades pass since Karl Marx’s Capital was first published, and no matter how often it is dismissed as outdated, it time and again returns to the center of debate. At a venerable 157 years of age (it was first published on September...
RBI Plans To Revamp Currency Management Infra To Cater To Future Cash Needs
NEW DELHI: The Reserve Bank plans to comprehensively revamp its currency management infrastructure over the next 4-5 years, mainly to ensure adequate storage and handling capacity to cater to the future cash needs of the growing economy. The creation of greenfield currency management centres, the introduction of warehouse automation,...
Semicon 2.0 Scheme To Cover Large Design Firms Too, Raise Subsidy
NEW DELHI: The semiconductor incentive scheme 2.0, which the government is expected to announce in the next three-four months, is likely to provide subsidy to even large firms that are into chip designing. Not only this, the subsidy amount is also likely to be raised from the current cap....
India Looks To $10-Billion Infra Investments From London Funds
NEW DELHI: India is looking to attract investment commitments to the tune of $10 billion from funds parked in the City of London in marquee projects, including highways stretches and the National Capital Region’s rapid transport systems, by next year. These “initial” investments from London-based fund houses will herald...
100 Days Of Modi 3.0 Govt: Infra Projects Worth Rs 3.3 Lakh Crore Get Greenlight
NEW DELHI: The Narendra Modi 3.0 government has started with a bang, for the infrastructure sector. Within three months of assuming office, core sector projects worth Rs 3.31 lakh crore have got the Cabinet’s nod. Not just the approvals, the actual spending has also picked up. In July the...
India Seeks Investments From South Korea, Japan For Shipbuilding, Repair Clusters
GOA: India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official. Currently, India holds less than 1 per cent of the global shipbuilding market,...
Oil India To Invest Rs 25,000 Crore For Net Zero Emissions By 2040
NEW DELHI: State-owned Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to help achieve the net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Saturday. OIL’s net zero plan includes a combination of cutting down the flaring of gas and...
India Seeks Investments From South Korea, Japan For Shipbuilding, Repair Clusters
GOA: India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official. Currently, India holds less than 1 per cent of the global shipbuilding market,...
Inter-Departmental Panel To Combat Online Gaming Tax Evasion
NEW DELHI: An inter-departmental committee with representatives from ED, RBI, tax and consumer affairs departments may be set up to combat the proliferation of online gaming platforms and ensure regulatory compliance, a DGGI report said. The GST intelligence wing of the Central Board of Indirect Taxes and Customs (CBIC)...
HDFC Bank To Double Income Of Marginal Farmers As CSR Initiative
VARANASI: The country’s biggest private sector lender HDFC Bank looks to increase the income of 5 lakh marginal farmers earning less than Rs 60,000 annually by 2025, as part of its corporate social responsibility (CSR) initiative, Parivartan. “The bank’s focus on rural development reflects our continued commitment to fostering...
CEA Urges Banks To Adapt Changing Customer Preferences
CHENNAI: Chief Economic Advisor to the Centre, V Anantha Nageswaran has said banks should adapt to changing customer preferences and market dynamics in order to remain competitive. He highlighted the crucial role of agriculture in driving economic growth at an event organised by public sector Indian Bank here on...
Disturbing Optics At Chief Justice’s Ganesh Pooja Plant Doubts In People’s Mind
By K Raveendran Narendra Modi is not a friend of Chief Justice D Y Chandrachud; nor is he a family member of the CJI. Had Modi fulfilled either of the conditions, his presence at the Ganesh Pooja organized by the Chief Justice would have been fine. Considering that the...
Alarming Level Of Social Protection Gaps Afflict Indian Society
By Dr. Gyan Pathak Social protection gaps in India are still at alarming level. More than half of the population (51.2 per cent) in the country are still totally unprotected, while over half of the global population (52.4 per cent) are covered by at least one social protection scheme,...
Mohan Bhagwat Still Continuing His Salvo Against Narendra Modi
By Harihar Swarup Mohan Bhagwat has made yet another of his cryptic statements that is being seen in political circles as yet another criticism of Narendra Modi. This time the RSS sarsanghchalk has alluded, again without saying it in so many words, to the Prime Minister’s claim, during Lok...
Biden About To Give Permission To Ukraine To Strike Deep Into Russia
By John Wojcik The New York Times has just reported what national and international peace forces have known for a long time – the war in Ukraine is much more than a battle between the two countries directly involved. It is also part of a major effort by the...
Government Eases Agricultural Exports As Supply Prospects Brighten; Export Duty Cut
NEW DELHI: The government on Friday decided to abolish minimum export prices (MEP) for onion and basmati rice, and also reduced the export duty on the staple vegetable. The move comes amid robust kharif prospects for both commodities. According to a Directorate General of Foreign Trade (DGFT) notification, the...
Indian Bioeconomy Hits USD 151 Billion, Contributes 4.25 Per Cent To GDP
NEW DELHI: India’s bioeconomy has experienced significant growth, reaching a valuation of USD 151 billion by the end of 2023, according to a new report, which said that the surge highlights the bioeconomy’s critical role in national development, contributing 4.25 per cent to the country’s GDP and positioning India...
India’s Growth Outlook Reflects Underlying Strength Of Macro-Fundamentals
SINGAPORE: India’s growth outlook reflects the underlying strength of country’s macro-fundamentals, with domestic drivers — private consumption and investment — playing a major role, RBI Governor Shaktikanta Das said on Friday. Moreover, the country’s growth trajectory is supported by an environment of macroeconomic and financial stability, he said in...
