IPA Staff
16639 stories by IPA Staff
Small Finance Banks Now Going Big On Deposit Rates
MUMBAI: More than half-a-dozen small finance banks (SFBs) have raised their fixed deposit rates to more than 8% for a two- year tenure as they scramble with the giants, such as State Bank of India and HDFC Bank, to garner funds from ordinary savers in a market where alternative...
BPCL’s Joint Venture With Ioc Wins Production Concession In Abu Dhabi
MUMBAI: Bharat Petroleum Corporation (BPCL) on Wednesday said its subsidiary along with Indian Oil Corporation (IOC) has been awarded a production concession by The Supreme Council for Financial and Economic Affairs (SCFEA) in Abu Dhabi. BPCL said the production concession agreement follows the award of the exploration and production...
EIL Bags Rs 4,681 Crore Orders In FY25 So Far, Surpasses Fy24 Total
Leading engineering, procurement and consulting (EPC) company Engineers India Limited (EIL) has secured new orders worth Rs 4,681 crore in the first 5 months of financial year (FY) 2025, a 37% rise compared to the value of orders it got in the full period of FY24, the company said...
Cabinet Allocates Rs 12,461 Crore For Revised Hydro Projects Scheme
NEW DELHI: In a bid to promote infrastructure around hydro power projects, the Union Cabinet on Wednesday modified its existing scheme and allocated Rs 12,461 crore for the same. “The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the proposal of the Ministry of Power for...
UK Clears Decks For GBP 500 Million Grant For Tata Steel’s Port Talbot Project
KOLKATA: The Labour government in the UK has cleared the decks for a 500 million pound grant to Tata Steel, paving the way for decarbonisation of the company’s British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million pound...
Defence Ministry Clears Navy’s ₹2,500 Crore Plan For Unmanned Vessels With Capabilities To Attack Submarines
New Delhi: Amid increasing use of unmanned warfare, the Defence Ministry has given approval to the Indian Navy’s plans worth over ₹2,500 crore to build 100-ton unmanned underwater vessels. The proposal for building the 100-ton unmanned underwater vessels was given clearance at a high level defence ministry meeting held...
A Pragmatic Approach Towards Chinese Investments Must For India’s Manufacturing Goals
By K Raveendran India’s economic aspirations have long been anchored in the expansion of its manufacturing sector, a goal that has become increasingly critical as the country seeks to position itself as a global economic powerhouse. It is widely believed that the realisation of this goal would be impossible...
Confident Kamala Harris Takes On Donald Trump In Her First Presidential Debate
By Sushil Kutty Who won Tuesday’s Trump-Harris debate and the answer was in the media’s pocket. Democrat Kamala Harris had to just show up while Republican Donald Trump had to field pointed questions. Harris owned the media and Kamala wasn’t late at the ABC show. Kamala’s highlight of the...
Edible Oil Crisis In India Is A Result Of Gross Neglect
By Dr. Gyan Pathak Though oilseed crops are the second most important determinant of the agricultural economy, next only to cereals within the segment of field crops, India has lost the self-sufficiency in oilseeds achieved during the “Yellow Revolution” in the early 1990s. Government’s neglect in terms of policy...
Remembering Visit To Hiroshima And Nagasaki At This Time Of Big Wars
By Dr Arun Mitra Visit to Hiroshima to participate in the All Asia Conference of International Physicians for the Prevention of Nuclear War (IPPNW) in 2009 and again on the occasion of 20th World Congress of IPPNW in 2012 is an unforgettable experience. We had the opportunity to go...
Indian Goods Supplies To Bangladesh Begin To The Relief Of Consumers
By Ashis Biswas KOLKATA: With the resumption of bulk rail dispatch of goods/cargo from India to Bangladesh, the interim government has succeeded in restoring major supply chains to some areas, bringing much needed financial relief to people already hit by massive inflation. As Chief adviser to the current ruling...
ILO Finding On Share Of Labour Going Down In Production Process, Is Ominous
By Krishna Jha In its report, published for 2024, September, the International Labour Organisation has come out with its new findings on the share of labour going down in the production process. It is a signal for the unfolding of a new world with the advent of scientific technological...
Bhupinder Singh Hooda Is In Big Spirits To Bring Congress To Power
By Harihar Swarup Former Chief Minister Bhupender Singh Hooda , who is sure to contest in coming Haryana Assembly elections on October 5 , is known for the sobriquet “Ganga Putra” after a narrow escape from death in 2003 when his car was swept away by the flooded Ganga...
What Is Dr. Jaishankar Up To? Does He Want A Globally Isolated India?
By Tirthankar Mitra A book launch is not the ideal platform to make a foreign policy announcement. Yet external affairs minister, S Jaishankar chose the occasion to announce that the era of uninterrupted dialogue with Pakistan is over. Jaishankar’s take has dual interpretations. His comment is a pointer to...
Bigger Disclosure Blow Likely To Fintechs, Credit Card Firms
NEW DELHI: Costs for credit card companies, payment aggregators and fintech firms are likely to go up as the global Financial Action Task Force (FATF) is planning to increase disclosure requirements, mainly for cross-border transactions. The FATF, which India is a member of, is planning to enforce the new...
Public Sector Capex Falls 14% Amid Sluggish Investments By Railways, NHAI
NEW DELHI: Capital expenditure by central public sector enterprises (CPSEs) and other government undertakings fell 14% on year in the first five months of the current financial year, dragged down by slower pace of investment by railways and the National Highways Authority of India. Railways and NHAI’s investments are...
Digital Companies With 10% India Users Need CCI Nod For M&As
NEW DELHI: Mergers and acquisitions involving digital firms that have one tenth of their global users or gross merchandise value in the previous one year or annual turnover in India would require clearance from the Competition Commission of India (CCI), as they would then be considered to have “substantial...
Corporate Bond Issuances Fall 22 Per Cent In August As Firms Await Fed Rate Cut
MUMBAI: Corporate bond issuances fell by around 22 per cent in August, despite easing yields, as issuers delayed raising funds while awaiting the US Federal Reserve’s (Fed’s) likely interest rate cuts starting this month. Corporates and financial institutions expect further declines in yields and reduced borrowing costs, according to...
