IPA Staff
13339 stories by IPA Staff
Most Banks Not Big On Small Personal Loans
MUMBAI: Bank chiefs have signalled that the stress in unsecured loans is originating in fintech-driven digital lending of small-ticket personal loans — a segment in which most banks are not present. There is also an expectation that RBI may make it tougher for banks to lend to this segment...
CPSE Capex Up 33% By H1 Of FY24, Touches Rs 3.79 Lakh Crore
NEW DELHI: The capital expenditure by 54 large central public sector enterprises (CPSE) and the five departmental arms of the ministries, such as the Railway Board and National Highways Authority of India, rose 33% in the first half of the current fiscal with their spending reaching Rs 3.79 lakh...
Power Consumption Grows 9.4% To 984.39 Billion Units In April-October
NEW DELHI: India’s power consumption grew 9.4 per cent to around 984.39 billion units in the April-October period this fiscal compared to a year ago mainly due to improvement in economic activities and weather conditions. Power consumption in the April-October period in fiscal year 2022-23 was 899.95 billion units,...
Reliance Returns To Oil Indexation For KG Gas, Seeks Buyers For 4 Mmscmd
NEW DELHI: Reliance Industries Ltd and its partner bp plc of UK have reverted to oil indexation for pricing the gas they produce from India’s largest private-sector operated field in KG basin as they look to tap into the upside from the buoyant oil market. Reliance and bp in...
ED Raid Aimed To Involve Chief Minister Baghel Before Polls Is Ominous
By Sushil Kutty The regularity with which the Enforcement Directorate discovers alleged wrongdoings of opposition parties on the eve of elections should be a matter of investigation. But that calls for a regime change; the Narendra Modi government should be divested of power for discovering a nexus, if any....
Hezbollah’s Intensified Preparations Suggest Impending War With Israel
By Girish Linganna Along the border between Lebanon and Israel, a missile expert from Hezbollah is currently preparing for a war situation with a level of intensity and readiness he has never experienced before. Dressed in black tactical pants, green camouflage attire, and armed with a pistol, the officer...
Pakistan Army Wants Former PM Nawaz Sharif To Contest And Win Elections
By Harihar Swarup Nawaz Sharif’s celebratory return to Pakistan after several years in exile will turn into a political triumph only if the country’s military establishment, which had banished him from politics six years ago and now facilitated his recent insurrection, fundamentally changed its behaviour. So far, it seems...
Providing Jobs To 1.22 Lakh Bihar Youths By Cm Nitish Kumar Augurs Well Before Polls
By Arun Srivastava “Listen, Bihar is not a BIMARU state”. This message was sent on Friday to Narendra Modi and his lieutenant Amit Shah by none else but Bihar Chief Minister Nitish Kumar. The two leaders from Gujarat have a habit of deprecating Bihar and describe it as a...
ILO Moves One Step Closer To Social Justice And Decent Work
By Dr. Gyan Pathak ILO has moved one step closer to social justice and decent work by adopting a proposal to establish a Global Coalition for Social Justice in the ongoing 349th Session (30 October – 9 November, 2023) of its Governing Body at Geneva, Switzerland. It is just...
Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism
By K Raveendran A failure by Russia to fulfil its commitment of 300,000 barrels per day of voluntary cut in crude exports as per the understanding with OPEC is likely to cause friction between Moscow and Saudi Arabia, the prime driver of the cartel’s supply control strategy to shore...
Kerala Frustrates Attempt To Disturb Communal Amity
By P. Sreekumaran THIRUVANANTHAPURAM: Kerala has, once again, lived up to its reputation of being a trail blazer. The State has shown the way to defeat determined attempts to disturb communal harmony, a hallmark of the State. The Left Democratic Front (LDF) Government lost no time in nipping in...
Israel In Gaza: Only Limited Options Available When The Guns Fall Silent
By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up...
Qatar’s Death Sentence To Eight Former Indian Officers Is A Delicate Issue
By Girish Linganna The perception of Qatar’s indelible connections to terrorism persists. As a foreign policy expert succinctly put it: “From a distance, Doha…is becoming synonymous with hosting groups like Hamas, Hezbollah and the Taliban”. But, even as a court in Qatar handed death sentences to eight former Indian...
Decoding The Film Maker Ritwik Ghatak On His 98th Birth Anniversary
By Tirthankar Mitra Unlikely to be remembered widely on his birth anniversary on November4 is a strange paradox for a man who is part of the immortal triumvirate of Bengali filmdom. But then Ritwik Ghatak whose name is taken on the same breath as Satyajit Ray and Mrinal Sen...
Banks Raise Unhedged Currency Risk Issue With RBI
MUMBAI: Indian lenders expect North Block to seek a lower premium while selling green bonds in a higher-for-longer yield environment this fiscal year and are concerned the relative currency-market stability, a fallout of calibrated central bank interventions, might cause a spurt in unhedged risks that could later roil exchange...
Services Activity Pace At 7-Month Low In October
NEW DELHI: Services activity grew at the slowest pace in seven months in October as fierce competition and subdued demand due to an uptick in price pressures weighed down on expansion and dented business sentiment. The seasonally adjusted S&P Global India Services PMI Business Activity Index declined to 58.4...
Firms Dither On Hiring As Labour Market Stagnates, Says NCAER Survey
NEW DELHI: The share of companies looking to increase permanent employees in the next six months nearly halved to 15.9 per cent in the September quarter from 30.9 per cent in the previous quarter, reflecting the stress in the labour market. Similarly, the share of firms planning to add...
Sunrise Food Processing Sector Got Rs 50,000 Crore Worth FDI In Last 9 Years: PM
NEW DELHI: India’s sunrise food processing sector has attracted Rs 50,000 crore FDI in the last nine years, Prime Minister Narendra Modi said on Friday, as he stressed on reducing post-harvest losses and food wastage. He also said India’s food processing capacity has witnessed significant growth in the last...
