IPA Staff
16654 stories by IPA Staff
RBI Steps Up Measures To Drain Out Excess Liquidity
MUMBAI: The Reserve Bank of India (RBI) has sought to prevent potentially inflation-stoking banking system liquidity enhancement through deft currency and bond market interventions, with foreign inflows into local sovereign debt quickening after the country’s inclusion in a globally tracked JP Morgan index. With rates on annualised dollar-rupee forward...
Early Birds Report Muted Profit Growth For April-June
The early trend in the first-quarter results season showed a sustained double-digit growth in aggregate revenue while a higher year-ago base and subdued performance by Reliance Industries (RIL), the country’s largest company by revenue and market cap, pulled down the net profit growth to a single digit. Revenue for...
GCPL Invests Over Rs 1,000 Crore On Advertising In FY24
NEW DELHI: FMCG major Godrej Consumer’s advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aims for double-digit volume...
Affordable Housing, Infra Growth, Boost To Manufacturing Likely To Be Budget Focus: Assocham
NEW DELHI: Greater focus on green mobility, affordable housing, holistic infrastructure development and a big push to manufacturing, along with boosting consumption demand, are expected to find prominence in the forthcoming Union Budget, said an Assocham-Primus paper. Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday in...
Airbus Shortlists 8 Sites For H125 Helicopter Final Assembly Line In India
MARIGNANE (FRANCE): European major Airbus has shortlisted eight sites in India for setting up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected later this year. The facility, which will be the fourth Final Assembly Line (FAL) for the single engine H125,...
AMD Leverages AI To Shape Next-Gen Computing Experience
LOS ANGELES: Chip maker AMD is looking to position itself as a key player in AI-enhanced personal computers (AIPCs) through strategic innovations on the hardware side to cater to powerful new-age applications, a top company official said. It is taking a holistic approach by integrating technology across CPUs, GPUs,...
Hero MotoCorp Plans To Roll Out Affordable EVs This Fiscal
NEW DELHI: Eyeing leadership in the electric two-wheeler segment, Hero MotoCorp is looking to roll out affordable models in the current fiscal, according to CEO Niranjan Gupta. The country’s largest two-wheeler maker is also hopeful of the debut of its electric range in the international markets. Addressing shareholders in...
Nirmala Sitharaman Has Onerous Task Of Balancing Irreconcilable Interests And Pulls
By K Raveendran Come July 23, Finance Minister Nirmala Sitharaman will be presenting the first-year budget of Prime Minister Modi’s third term. Finding herself at a pivotal juncture, she is tasked with crafting a budget that appeases coalition partners, addresses public discontent, and sustains economic growth, and her role...
Rahul Gandhi Is Making The Right Moves As The Leader Of The Opposition
By Harihar Swarup Suddenly Rahul Gandhi is the flavour of season. If you look at the hard data, the BJP lost only 1.2% of the popular vote share, and the Congress gained 1.49 %. It is not as if whopping numbers swayed from one side to the other. The...
Modi-Putin Talks Have Imparted A New Dimension To Overall Economy Of India
By Subrata Majumder Narendra Modi’s visit to Russia on July 8 and 9, the first since Ukraine war, carries major significance. India’s shifting of oil dependence from OPEC to Russia opens a new chapter of economic relation between the two nations, after it was subdued with the breakdown of...
India’s Workforce Greatly Suffered In 2023-24 Due To Centre’s Neglect
By Dr. Gyan Pathak India’s workforce greatly suffered in 2023-24 due to Centre’s neglect, as it is reflected in the recently released annual report data of the Union Ministry of Labour and Employment. Under the Social Security Schemes and Projects for Workers, Union Budget has provided Rs 12434.82 crore,...
The Case Of Puja Khedkar Is Becoming Curiouser And Curiouser With Every Passing Day
By Sushil Kutty Changing names is a national pursuit. Shopkeepers and restaurateurs have been routinely using certain namesakes for their businesses to make a killing during key seasons. At another level, the romantics have been faking monikers for the easy access it gave them into lonely hearts. That this...
Congress’s Hypocrisy Of The Highest Order In Kerala
By P. Sreekumaran THIRUVANANTHAPURAM: It would have been a strong contender for the best joke of the year award but for the sheer hypocrisy and shamelessness that animated the claims. The reference is to the brazen Congress attempt to claim credit for the Vizhinjam international transshipment port project. The...
RBI’s Record Dividend Payment To The Govt For 2023-24 Was Under Pressure?
By Arun Kumar The Reserve Bank of India (RBI) decided to pay a record dividend of Rs 2.11 lakh crore to the Union government for 2023–24. Last year it paid Rs 87,416 crore. This is 0.64 percent of India’s Gross Domestic Product (GDP) and helps the Union government reduce...
Bangladesh Protests Are Part Of Geopolitical Turmoil In South Asia
By Arun Kumar Shrivastav The student protest in Bangladesh over job quotas has taken a deadly turn, with more than 100 students reportedly killed by police and security forces. Despite the government’s suspension of the controversial job quota decision, there is no sign of the protests abating. Students from...
Platform To Resolve Exporters’ Complaints Of Non-Tariff Barriers Soon
NEW DELHI: The online portal to take feedback on sanitary and phytosanitary measures and technical barriers to trade being faced by exporters will be rolled out in the next two to three months which will help government provide focussed attention for addressing them, a senior official said Friday. The...
Need Unambiguous, Clear Focus On Inflation: RBI Governor
MUMBAI: The Reserve Bank of India (RBI) needs to focus “clearly” and “unambiguously” on inflation, especially amidst sustained economic growth, RBI Governor Shaktikanta Das said on Friday. “…our target is inflation and we are supposed to keep growth in mind”, Das said while speaking at the Financial Express Modern...
Business Confidence Index Improves To 150 In Q1 FY25 From 138 In Q4 FY24
NEW DELHI: The overall business sentiment in India showed an improvement with the Business Confidence Index rising to 150 during the April-June quarter from 138 in the previous quarter and higher than the corresponding period a year ago, according to the National Council for Applied Economic Research (NCAER)-NSE survey....
