IPA Staff
16639 stories by IPA Staff
Global Aluminium and Bauxite Industry Undergoing Big Churning in 2024
By Kunal Bose In the universe of metals ranging from aluminum to steel to copper, China has a domineering presence to the extent of it owning in many cases over half the global capacity and as a natural follow-up making more than half the production and using that locally....
Corporates Biggest Beneficiaries of Rs 16.26 Lakh-Crore Written-Off Loans
By Dr. Gyan Pathak During the financial year 2023-24, bank loans worth Rs 1.70 lakh crore were written off, as revealed in Union Minister of State for Finance Pankaj Chaudhary’s recent written reply in the Rajya Sabha. It makes the total written off amount to swell to Rs16.26 lakh...
Narendra Modi Govt Has to Move with Caution in Dealing with Bangladesh
By Kalyani Shankar The former Prime Minister of Bangladesh, Sheikh Hasina, abruptly left her country on August 5, causing immediate concern in her country and the region. According to the BBC, Hasina’s family, not security officials, convinced her to leave due to safety concerns. Her son stated, “We begged...
Sisodia Bail Brings Into Focus Denial Of Right To Millions Of Incarcerated Undertrials
By K Raveendran When the Supreme Court Chief Justice Chandrachud says people are fed up with the way our courts function, there cannot be a more serious indictment of the judicial system. His assertion that the judiciary should not be an institution run solely by judges for judges is...
PM Narendra Modi Throws His Hat Into The Quota Within Quota Ring
By Dr. Gyan Pathak Prime Minister Narendra Modi has thrown his hat into the quota within quota ring, that is set by a recent Supreme Court verdict. Though the verdict has allowed a structured reservation policy for SC in job and education by subcategorization of more backward castes for...
Many Unexplained Questions Cropping Up About The Future Of Sheikh Hasina
By Sushil Kutty Some people are trying to read the mind of ousted Bangladesh Prime Minister Sheikh Hasina. Others are saying they do not know where Hasina is! The United States didn’t give her refuge. The United Kingdom point-blank refused. There was talk of France and Finland, but apparently...
INDIA Bloc Leaders Have Every Right To Move Impeachment Motion Against Dhankar
By Arun Srivastava Social media is flooded with the messages deprecating Chairman of the Rajya Sabha Jagdeep Dhankar for his behaviour on Friday in the house and more for his obstinate observation for Samajwadi Party member Jaya Bachchan. While a message reads “he symbolises arrogance & impatience”, the other...
Centre Aims For Rs 1 Lakh Crore Fisheries Exports With Rs 8666 Crore Investment
By Arun Kumar Shrivastav The Narendra Modi government has approved fisheries projects worth Rs 8666.28 crore under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) over the past four financial years. It marks an important step towards the formalization and modernization of India’s fisheries sector. This was revealed by Union...
After 50 Years, Watergate Scam Still Carries Relevance Before 2024 Us Elections
By Mark Gruenberg WASHINGTON: Among all the court cases, scandals, and constitutional crises swirling around convicted felon Donald Trump, the criminal Republican ex-president and now—again—the party’s presidential nominee, let us pause to remember another big constitutional crisis the U.S. faced—Watergate. August 8, 2024, marks the 50th anniversary of the...
Government Gets Into The Act To Create Desi ‘Big Fours’
NEW DELHI: India is considering changes in the Limited Liability Partnership (LLP) Act and other measures that would enable domestic accounting firms to merge and acquire scale. The government is of the view this will help create large domestic audit firms akin to the Big Four, people aware of...
Banking Laws Bill Extends Tenure Of Cooperative Banks’ Directors To 10 Years
NEW DELHI: Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector...
PwC India Moots ‘Viksit’ Framework To Achieve $1-Trillion Export Goal By FY29
NEW DELHI: Sanjeev Krishan, Chairperson, PwC India: “It’s possible to reach $1 trillion mechandise exports by FY29. The seeds have already been sown. Energy, semiconductors, EVs, battery storage…all structures are in place. We need to take macro-image-building to the micro-level. At trade fairs, India’s image dwarfs as compared to...
IT Companies See Slump In Europe Revenues
Most large and mid-sized IT companies experienced a sequential drop or softness in revenue from Europe during the June quarter. This decline, analysts said, was largely due to volatile market conditions, short-notice decision-making by customers, and a slowdown in large deals, especially in the manufacturing vertical. During FY24, the...
India Sees Fastest Growth In Intangible Investment
NEW DELHI: India has witnessed the fastest growth in intangible investments over a nine-year period (2011-2020), surpassing major economies like the US, France, Germany & the UK, indicating high level of value creation by companies.In terms of absolute levels of intangible investments for 2020 (latest year for which data...
IOC To Increase Refining Capacity By 25% To Meet India’s Oil Needs: Chairman
NEW DELHI: State-owned Indian Oil Corporation Limited (IOCL) will raise its annual refining capacity by 25 per cent to 88 million tonnes per annum (MTPA) by 2050, IOCL Chairman Shrikant Madhav Vaidya said on Friday… The move to raise refining capacity from the current 70.25 MTPA is part of...
Indian Steelmakers Seek To Soften Proposed Import Curbs On Key Raw Material
NEW DELHI: Indian steelmakers want the government to soften proposed import restrictions on metallurgical coke, a key ingredient in steelmaking, saying the curbs will hit steel mills’ capacity expansion, a letter from the Indian Steel Association, seen by Reuters on Friday, said. India, the world’s second-biggest producer of crude...
Brazilian Aerospace Company Embraer In Talks With Govt For Tie Up But Seeks Market Access For Its Jets
Brazilian aerospace company Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes....
Amazon India Sets Up Four Hubs To Deliver Urgent Relief Material In Less Than 24 Hours
MUMBAI: E-commerce giant Amazon India on Friday said it has set up four hubs, including a temporary hub in West Bengal, to deliver urgent relief material in less than 24 hours, as part of its disaster management strategy. Located at Thane (Maharashtra), Faridabad (Haryana), Hyderabad (Telangana) and Purba Bardhaman...
