IPA Staff
16654 stories by IPA Staff
India’s Oil, Gas Exploration Offers USD 100 Billion Opportunity: Oil Minister
NEW DELHI: Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India’s reliance on imports and making available fuel at an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral...
India Tops China In Billion-Dollar Realty Companies
India’s thriving property market achieved a major milestone, surpassing China in the tally of homegrown realty companies valued at $1 billion. The South Asian nation is home to 36 such realty companies, climbing from just 7 six years ago, showed latest data compiled by Hurun Research Institute. The list...
DRDO Awards Projects To 7 MSMEs & Start-Ups To Meet Requirements Of Armed Forces
NEW DELHI: An underwater-launched drone for surveillance, a UAV for neutralising underwater threat objects and developing detection of icing condition inflight for aircrafts are part of seven new projects Defence Research & Development Organisation (DRDO) has awarded to industries for various requirements of the armed forces, and aerospace and...
Auto Component Industry To See Moderate Growth This Fiscal: ICRA
MUMBAI: The Red Sea crisis is likely to impact the margins of the auto component industry over the next few quarters amid higher container rates and shipping time, credit ratings agency ICRA said on Thursday, projecting a moderate growth for the industry this fiscal. Close to two-thirds of the...
Budget Needs To Take Steps To Address Lower Than Expected Growth In Consumption: CEO
NEW DELHI: The government needs to take steps such as reviewing personal income tax slabs in the upcoming Union Budget to drive private consumption, which in turn will drive private investment, Godrej & Boyce Executive Director & CEO, Anil G Verma said on Thursday. He also expressed optimism that...
SEBI To Auction HBN Dairies Properties; Fixes Reserve Price At Rs 67.70 Crore
NEW DELHI: Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore. The move is a part of Sebi’s effort to recover money raised by HBN Dairies through illicit collective investment schemes. This came after...
Rupee Falls 5 Paise To Close At 83.56 Against US Dollar
MUMBAI: The rupee settled for the day 5 paise lower at 83.56 (provisional) against the US dollar on Thursday, weighed down by a weak tone in domestic markets and a recovery in crude oil prices. Forex traders said rupee traded with a slight negative bias on profit booking in...
Europe Is Poised To Enter A New Period Of Confrontation Between NATO And Russia
By Nitya Chakraborty Europe has entered a dangerous period with all the potential of the 28 month old Ukraine war crossing the border into other parts of the continent. The summit of the 32 nation North Atlantic Treaty Organisation(NATO) held in Washington on July 9 to 11 has decided...
French Voters Have Given A Firm Mandate For Anti-Far Right Government
By P. Sudhir People of France have voted against the far-right in the parliamentary elections. Contrary to many opinion polls, the National Rally of Le Pen could win only 143 seats and stood third. The newly formed Left coalition, New Popular Front achieved a victory by emerging as the...
Adequate Funding Concerns For Public Health Plague Union Budget 2024-25
By Dr. Gyan Pathak Given the huge shortage of healthcare professionals and hospital beds, lack of pre and post hospitalization medical facilities at affordable costs, inadequate funding, and non-release of promised budgeted funds even under the much-publicized government medical and health insurance schemes have emerged as serious concerns for...
Supreme Court Order On Alimony For Divorced Muslim Women Is Welcome
By Sushil Kutty Telangana resident Mohd. Abdul Samad can’t do much. He must be feeling exactly like how Shah Bano Begum felt in 1986. Then, too, the Supreme Court of India had skin in the game and had come to the rescue of divorced Muslim women, like it had...
India Pursues Its Hardcore Objectives In Modi-Putin Summit In Moscow
By Anjan Roy For the last two years, India has been riding on two horses diplomatically: while befriending the West, particularly the USA, the Indian moves have also placated Russia in the face of its unilateral aggression against Ukraine in February 2022.. The West had so far turned its...
The Newly Introduced Three Criminal Laws Are Full Of Ambiguities
By Krishna Jha Crime itself is a morbid act and the three new criminal laws, effective from July 1, 2024, are threatening to throw the country’s criminal justice system into even greater confusion. Its criticism has been that strengthening police power would be instrumental in turning the country into...
In One Week, Labour PM Starmer Is Positive On Domestic Front But Following Same Policy On NATO
By Ben Chacko LONDON: Labour has spent its first week in power signalling a changed approach from the Tories — a national wealth fund for infrastructure projects, a reset to devolution with a new council of the regions. In Washington Keir Starmer’s purpose is different — to show his...
CPI Inflation Likely Rose To 4-Month High Of 4.9% In June
NEW DELHI: India’s retail inflation, based on the Consumer Price Index (CPI), likely rose to a four-month high of 4.9% in June due to increase in vegetable prices in the backdrop of delayed monsoon, a median of a poll of 18 economists by FE showed. The estimates ranged from...
Telcos Call For Tax Reforms In Telecom Sector In Union Budget 2024-25
NEW DELHI: In their Budget recommendations to the Finance Ministry, telecom service providers have called for the introduction of a special regime for the telecom operators allowing them to carry forward and set off business losses for up to 16 assessment years, from the existing 8 years. The Cellular...
Major Relief For Debenture Trustees On The Cards
MUMBAI: Debenture trustees are likely to get significant relief as a Securities and Exchange Board of India (Sebi) working group is expected to recommend reduction in compliance burden and speeding up dispute resolution mechanism. The group also proposes pruning the number of regulations for listing and post-listing from five...
India-Involvement M&A Activity Grew 4.4% In H1 At $37.3 Billion: LSEG Deals Intelligence
NEW DELHI: India-involvement announced M&A activity grew 4.4 per cent in January-June 2024 to touch $37.3 billion, latest LSEG Deals Intelligence Data showed. This is the highest first half period activity since 2022 when M&As had hit a record level of $ 129.77 billion. In the first half last...
