IPA Staff
16654 stories by IPA Staff
India Can Grow At Over 7% In The Medium Term, Says Economic Survey
NEW DELHI: The Indian economy can grow at more than 7 per cent on a sustained basis in the medium term if the country can build on the structural reforms undertaken over the last decade and carry out next-generation reforms that are bottom-up in nature, the Economic Survey 2023-24,...
Economic Survey Bats For More FDI From China To Tap Export Market
NEW DELHI/CHENNAI: It is termed the most talked-about “frenemyship” in Asia or a not-so-successful “Hindi Chini Bhai Bhai” bonhomie. In the age of the China Plus One, the Economic Survey aims to redraw the relationship with the neighbouring superpower to India’s advantage. While the neighbour is mentioned 132 times...
Need To Create 8 Million Jobs A Year Until 2036, Says Economic Survey
NEW DELHI: The Economic Survey for 2023-24, tabled in Parliament on Monday, asked the private sector to contribute to the creation of approximately eight million jobs annually until 2036. It also cautioned companies against being overly reliant on capital-intensive technologies like artificial intelligence (AI) to reduce employment. Authored by...
Economic Survey Pegs India’s GDP Growth Rate At 6.5-7% For FY25
NEW DELHI: India’s Gross Domestic Product (GDP) is likely to grow at 6.5% to 7% in the current fiscal year amid global challenges which may impact exports, said Economic Survey 2023-24 tabled in Parliament by Union Finance Minister Nirmala Sitharaman on Monday. The anticipated growth rate for 2024-25 is...
SEBI Ready With Speed Gun On IPO Street
MUMBAI: As companies flood the primary market, the Securities and Exchange Board of India (Sebi) has intensified surveillance of initial public offerings (IPOs), slowing approvals, as it looks to safeguard investors. The average approval time for IPOs in calendar year 2024 has lengthened to 125 days, the most in...
Cut Import Duty On Smartphone Components In Budget, Govt Told
NEW DELHI: Economic think tank GTRI on Monday urged the Government to cut import duty on smartphone components in the Budget as it could lead to an increase in superficial assembly plants that rely heavily on imported parts. Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-25...
AI Casts Huge Pall Of Uncertainty Over Impact On Workers Across Skill Levels: Economic Survey
NEW DELHI: The Economic Survey on Monday said the advent of Artificial Intelligence (AI) casts a “huge pall of uncertainty” with regard to impact on workers across all skill levels. The Economic Survey 2023-24 tabled in Parliament predicted that the new-age technology, while turbocharging productivity, has the potential to...
Economic Survey Slams Energy Guzzling Developed World
NEW DELHI: On the one hand, developing nations are being forcefully nudged to sign up for climate commitments that they are not ready for, on the other hand, the developed world is in a mad ‘Scramble for Africa’ kind of rush to usher in the latest and the most...
SEBI Returns Draft IPO Documents Of Recruitment Solution Provider Crizac
NEW DELHI: Sebi has returned the draft documents of student recruitment solution provider Crizac Ltd, which was looking to float Rs 1,000 crore Initial Public Offering (IPO), an update with the markets regulator showed on Monday. The move might delay the Kolkata-based company’s initial share-sale. The proposed IPO was...
CRR Cut To Help Banks Facing Low Deposit Growth: SBI MD
MUMBAI: Lowering the cash deposit ratio or the proportion of deposits which banks are mandatorily required to park with the RBI will help the lenders facing low deposit growth, SBI Managing Director Ashwini Kumar Tewari said on Monday. Conversations for such a cut are on, he told reporters here,...
Economic Survey 2023-24 Cautions On India’s Growth Story
By Dr. Gyan Pathak Economic Survey 2023-24 does present a rosy picture of India’s growth story and recognizes the short-term prospect as good, but does not fail to flag several areas of concern that require clear forward-look vision for better prospect in the long term. It underscored the pressing...
KCR: Yet Another Once-Influential Leader Struggling For Relevance
By Kalyani Shankar The Bharatiya Rashtra Samithi, formerly the Telangana Rashtra Samithi, sets itself apart from other declining political parties. Led by the ambitious K. Chandrasekhar Rao, or KCR, the party’s national expansion has been marked by setbacks, including its failure to retain power in Telangana. This fate is...
War Of Dominance Between Modi And Bhagwat Acquires Curious Shape
By Arun Srivastava The battle for dominance between Uttar Pradesh Chief Minister Yogi Adityanath and his deputy Keshav Prasad Maurya, believed to be the protégé of the Modi-Shah duo, is only the prelude; the ‘big fight’ is between Prime Minister Narendra Modi and RSS chief Mohan Bhagwat for the...
70-Hour Work Week Detrimental To Both Health And Productivity
By Dr Arun Mitra The CEO of OLA, Bhavnish Aggarwal has endorsed a 70-hour work week call given by the Infosys founder Narayana Murthy some time back. He argues against the concept of work life balance saying that enjoyment of work naturally fosters happiness. Both of them are of...
Biden Leaves The Stage, Now Kamala Harris To Face The Trumpet
By Sushil Kutty President Joe Biden has stood down and, in his stead, Vice President Kamala Harris will be Democrat candidate for the President’s post. And if she beats Donald J. Trump in November, Kamala will be laughing all the way to the White House. Harris’ defining tone is...
Job Creation, Other Booster Shots Likely For Fitter Economy
NEW DELHI: The first budget of the new government will seek to energise the economy with focused interventions in job creation, rural areas, micro, small and medium enterprises (MSMEs) and technology, people familiar with the deliberations told ET. However, it will likely not deviate from the fiscal consolidation plan,...
India Likely To Have Highest Per-Capita Income Growth, Says Report
NEW DELHI: India is likely to have the highest per-capita income growth in the world at 5.4 per cent per annum during 2024-33, allowing it and other emerging economies to drive global consumption of agricultural and fisheries products in the next decade, according to a recent report by the...
High Construction To Get A Boost With BOT Coming Back In Vogue
NEW DELHI: Private risk capital, which has stayed out of the highway sector since 2014, is finally returning to the sector. This follows the government’s efforts to raise the comfort level of investors in the latest set of amendments to the model concession agreement (MCA). The changes in MCA...
