IPA Staff
16654 stories by IPA Staff
India Inc Raises Record $30 Billion In 6 Months, Riding FPO Wave
MUMBAI: Indian companies raised a record $29.5 billion (nearly Rs 2.5 lakh crore) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest-ever in terms of proceeds,...
India’s Iron Ore Exports Rise In April–June Despite Falling Chinese Demand
NEW DELHI: India’s iron ore exports saw a near 5 per cent y-o-y increase for the April–June period (Q1FY25) to 10.25 million tonnes (mt) despite reduced demand from China, the key buyer. Indian exporters tapped into other smaller markets like Indonesia and Malaysia, trade data show. China, despite a...
Power Minister Reviews Chhattisgarh’s Power Sector; Pushes For Cess-Free Hydro Projects
NEW DELHI: In a strategic move to ease the financial burden on consumers, Union minister for power and housing & urban affairs Manohar Lal, has urged the Chhattisgarh government to refrain from imposing any cess on hydro power projects and Pump Storage Projects. This appeal was made during his...
OMCs Seen To Register Weak Q1 On Lower Refining & Marketing Margins
NEW DELHI: The weak refining margins that weighed on the state-owned oil marketing companies’ (OMCs) profitability in Q4FY24 is likely to persist and result in subdued earnings for the country’s downstream petroleum sector in the first quarter of 2024-25. “We expect average gross refining margins of PSU refiners –...
Rajasthan Budget Proposes Rs 27,000 Crore For Health Sector, Tap Water To 25 Lakh Rural Houses
JAIPUR: Rajasthan Finance Minister Diya Kumari on Wednesday proposed Rs 27,000 crore for the health sector and Rs 15,000 crore to provide tap water to 25 lakh rural houses in the state Budget for FY25. Presenting the full budget for the fiscal, she said four lakh vacancies will be...
Markets Retreat From Record High Levels; Trade Lower On Weak Global Trends
MUMBAI: Equity benchmark indices declined after hitting their fresh record high levels in early trade on Wednesday amid weak global market trends. The 30-share BSE Sensex climbed 129.72 points to hit a new all-time high of 80,481.36 during the opening trade. But, soon the benchmark retreated and declined 207.47...
Russian envoy says his country never wanted Indians to join its army
Roman Babushkin, Russia’s charge d’affaires, expressed hopes for a swift resolution to the issue of recruitment of Indian nationals as support staff within the country’s military ranks, emphasizing that the involvement of Indians was purely commercial and not intended to integrate them into the Russian armed forces. Speaking at...
SC to continue hearing in NEET malpractice petitions
The Supreme Court will continue to hear a batch of pleas related to the controversy-ridden NEET-UG 2024, including those alleging irregularities and malpractices in the medical entrance test and seeking a direction to conduct it afresh. In the previous hearing, a bench headed by Chief Justice of India DY...
Indian team unlikely to go to Pakistan for Champions Trophy
With the Indian Cricket team unlikely to travel to Pakistan for the 2025 ICC Champions Trophy, there is a possibility that Rohit and Co.’s matches could be moved to either Dubai or Sri Lanka. As per a report in ANI, the BCCI will ask the ICC to consider the...
SC relief for Bengal in suit against Centre
The Mamata Banerjee government’s challenge to the Centre over the CBI investigating West Bengal cases without the state’s consent is valid, the Supreme Court ruled today. The order came as a twist after the court recently allowed a CBI probe into the multiple cases of sexual assault and land...
Modi-Putin meet in Moscow re-affirms a time-tested friendship
By Annie Domini The 22nd India-Russia Annual Summit held in Moscow on July 8-9 2024 will go a long way in re-embellishing one of the most enduring friendships in the geopolitical theatre. Moscow and New Delhi have seen many ups and downs together, no matter who has been in...
Modi’s Russia visit deepens economic partnership amidst Moscow’s diplomatic isolation
By K Raveendran Prime Minister Narendra Modi’s visit to Russia holds significant implications for the economic partnership between the two countries, spanning various sectors from energy to technology and beyond. As such, it is a pivotal moment for both countries, especially against the backdrop of evolving global dynamics and...
Narendra Modi’s tussle with RSS leadership over choice of next BJP president mounts
By Arun Srivastava Classical case of parental humiliation.. RSS, the organisation which fathered BJP, is finding it tough to have its suggestion heard and prevail on its progeny to appoint the new president of the party of its choice. What a let-down. It is really disgraceful for the RSS...
Governance and political setbacks mark the first month of Modi 3.0
By Dr. Gyan Pathak Several governance and political setbacks have marked much prominently than any of the good performances of PM Narendra Modi led government during the first month of its third term (Modi 3.0). All these began with taking his oath on June 9, 2024, as a Prime...
Rahul Gandhi’s political turnaround is being closely monitored by all parties
By Sushil Kutty Former Telangana Chief Minister K Chandrasekhar Rao’s son K Taraka Rao does not like Leader of Opposition in Lok Sabha Rahul Gandhi, especially Rahul’s “double standards” on “defections”. KTR and KCR’s party Bharat Rashtra Samithi is reeling under a slew of defections and KTR is unhappy...
Centre permitting prosecution of writer Arundhati Roy after 14 years of her speech makes no sense
By Harihar Swarup Mahatma Gandhi is, of course, the Father of the nation but how often do we remember what he said and, and more importantly, how often do governments abide by his wishes? As you will soon discover this is not a rhetorical question. Actually, if we still...
Narendra Modi is doing fine balancing between Russia and U.S. in diplomacy, defence
By Girish Linganna Prime Minister Narendra Modi met President Vladimir Putin in Moscow on Tuesday July 9 and emphasised that conflicts could not be resolved through war, stating, Peace is of the utmost importance. Russias state-run Sputnik news agency quoted Putin as thanking Modi for his efforts to resolve...
Mob violence emerging as regular phenomenon in Bengal
By Tirthankar Mitra KOLKATA: Known for their courtesy and culture, Bengali bhadralok is at a loss to comprehend the causes of the mob violence visiting West Bengal of late. The reasons behind the passersby seeing red and turning into a mob are yet to be fully understood.. Rumour of...
