IPA Staff
13339 stories by IPA Staff
Life Without Mathew Perry Is Minus An Indispensable ‘Friend’
By Tirthankar Mitra On the wrong side of 50, Mathew Perry was not an eminent statesman nor a renowned sports person or a thespian. But the followers of the television sitcom Friends will mourn his recent death as he reminded them of the make-believe closeness in a back to...
Kamal Nath Confident Of Big Congress Victory In Madhya Pradesh
By Harihar Swarup Senior Congress leader and the former Chief Minister of Madhya Pradesh, Kamal Nath’s home office in Bhopal’s Shymala Hills is abuzz with a stream of visitors. The bell inside rings constantly, informing his office staff he is ready to meet the next batch of people. The...
Biden’s Gaza War Cost-Benefit Analysis May Reach A Tipping Point
By James M Dorsey The stakes in the Gaza war for the United States and President Joe Biden could not be higher. For the United States, it’s the ability to garner support for its positions on multiple issues, among which the Ukraine war looms large. Biden’s bear hug approach...
Governance Reforms To Ensure Higher Growth For Longer, Say PSB Chiefs
NEW DELHI: Robust credit offtake, favourable macro environment, and governance reforms will continue to power the growth and profitability of public sector banks (PSBs), according to a panel of chiefs at state-run lenders at the Business Standard BFSI Insight Summit in Mumbai on Tuesday. Ashwani Kumar, managing director (MD)...
MCA Enforces Provision For Foreign Listing Of Indian Public Companies
NEW DELHI: In a step towards allowing Indian companies to list on foreign stock exchanges, the ministry of corporate affairs (MCA) on Tuesday brought into force a provision to allow certain public companies to issue a class of securities for listing on foreign bourses. The provision, which comes into...
Core Sector Output Slows To A Four-Month Low Of 8.1% In September
NEW DELHI: The output of eight key infrastructure industries — known as the core sector — slowed to a four-month low of 8.1 per cent in September, on the back of a high base and a slowdown in seven constituent sectors. In September last year, the core sector output...
Group Of Ministers May Oversee Online Gaming Regulation
NEW DELHI: The Centre is likely to set up a group of ministers (GoM) to look into the regulatory framework for the gaming industry and consider other issues impacting the sector. The GoM will likely include home minister Amit Shah, finance minister Nirmala Sitharaman, IT minister Ashwini Vaishnaw and...
Fiscal Deficit Contained At 39 Per Cent Of FY24 Target
NEW DELHI: The Centre’s fiscal deficit in the first half of this fiscal year touched 39.3% of the annual target, up from 37.3% a year before but it remained under control after a spike until July, showed official data released on Tuesday. A tight leash on revenue expenditure over...
Indian Oil Q2 Net Profit Soars To Rs 13,713 Crore, Beats Expectations
NEW DELHI: In the second quarter of FY24 (July-September), the state-run Indian Oil Corporation Ltd (IOCL) saw a remarkable turnaround as its consolidated net profit soared to Rs 13,713 crore, bouncing back from a loss of Rs 910 crore in Q2 FY23. However, on a sequential basis, the net...
Govt Hikes Windfall Profit Tax On Crude Oil, Cuts Levy On Diesel Exports
New Delhi: The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil was increased to Rs 9,800...
European Blues May Have Driven Tata Steel Into Red In September Quarter
Week performance in European operations is likely to have driven Tata Steel Ltd into losses in the September quarter. The steel major will report its earnings on November 1. Consolidated loss for the quarter, according to five analysts polled by Moneycontrol, will be at Rs 700 crore as against...
Railways Restricts Movement Of Lithium, Li-Ion Battery
The Indian Railways has imposed restrictions on the movement of lithium and lithium-ion batteries in leased parcel space of trains, impacting the movement of laptops, mobile phones, and small electric vehicles, among other commodities—using the railways’ parcel service. The railways has mandated a 48-hour prior notice for transport of...
Indian Navy chief offers warship training hub for regional states
The Indian Navy chief, Admiral Hari Kumar, has proposed deepening relations between states in the Indian Ocean Region (IOR), by adopting four principles that would govern future relations. Hari Kumar made his proposals on Tuesday while addressing the Goa Maritime Conclave (GMC), one of the navy’s several multilateral initiatives...
Maratha Quota Stir Has Shinde-Fadnavis Government In A Bind
By Sushil Kutty Off and on, like a dormant volcano, the Maharashtra political scene is rocked by tumultuous stirs, most often triggered by farmers but also by demands for a reservation quota for the politically significant Maratha clan. The Maratha quota stir never actually died throughout its life so...
Gaza Conflict Shows Modi-Led India’s Evolving Ties With Bibi’s Israel
By Girish Linganna Just hours after Hamas initiated its attack on Israel on October 7, India’s Prime Minister was one of the first global leaders to react. In a strongly worded statement, Narendra Modi condemned the “terrorist attacks” and expressed India’s unwavering support for Israel during this challenging time....
Opposing PM Narendra Modi Turns Too Costly For Arvind Kejriwal
By Dr. Gyan Pathak ED summon to AAP convenor and Delhi Chief Minister Arvind Kejriwal to appear before it on November 2 signals his possible arrest. It has triggered a serious political concern, since ED’s actions in the recent times have been by and large targeted against leaders of...
INDIA Bloc Allies Posing Worse Threat To Congress Than BJP Juggernaut
By Arun Srivastava The news reaching Lucknow, capital of Uttar Pradesh, from the hinterland of the state do not augur well for Akhilesh Yadav, the Samajwadi Party chief, who only a week back had dared to teach a lesson to the Congress for the 2024 Lok Sabha election. While...
Indira Gandhi’s Imprint On Current Leaders Cannot Be Denied
By Tirthankar Mitra Decades after her life was snuffed out by bullets fired from her bodyguards’ guns, Indira Gandhi’s stature remains undiminished. Much water has flown under the bridge since that fateful October day and a dispensation diametrically opposed to her ideology has the reins of governance in this...
