IPA Staff
16581 stories by IPA Staff
Revival In Private Investment Needed To Drive Growth, Says RBI Paper
MUMBAI: Increased private investments are necessary to drive growth while a disinflationary stance will continue to take care of the spillover effects of high food prices, according to the assessment of the state of the economy by the Reserve Bank of India economists. This, in turn, could delay the...
India Needs New Poverty Line For Estimating Extent Of Deprivation: Bibek Debroy
NEW DELHI: India needs a new poverty line to estimate the extent of deprivation in the country, said Bibek Debroy, chairman of the Economic Advisory Council (EAC) to the Prime Minister (PM), on Wednesday. He said the Suresh Tendulkar committee’s estimate was more than a decade old and that...
India-US Working On To Deepen Collaboration In Mining, Critical Minerals
NEW DELHI: India and the United States have agreed to work closely on technology, develop collaborative programs for geological research agencies and quickly finalise an agreement on critical minerals, official sources said. The decision was taken at the two-day annual review meeting of the India-US Initiative on Critical and...
India’s Seafood Exports Up In Volume Terms In 2023-24: Commerce Ministry
NEW DELHI: India’s seafood exports have recorded a growth of 3 per cent in volume terms, but a decline of about 8 per cent in value during the last financial year, according to the data of the commerce ministry. Exports in volume terms have increased to 17,81,602 MT (tonnes)...
Focus On Fiscal Prudence, Capex And Jobs: Economists To FM
NEW DELHI: The Budget for 2024-25 should focus on fiscal rectitude while providing for social welfare, capital expenditure, and job creation through schemes and contain inflation, economists told Finance Minister Nirmala Sitharaman on Wednesday. In her first pre-Budget consultation, Sitharaman met over a dozen economists including National Co-Convener of...
Air India To Launch Premium Economy Class On Select Domestic Routes From July
MUMBAI: Air India on Wednesday said it will launch premium economy class on select domestic routes from next month. As of now, Vistara is the only Indian carrier, which offers premium economy-class travel on its domestic routes. “Air India today unveiled a three-class configuration on its newly inducted narrow-body...
SBI Chairman Pitches For Tax Relief On Interest Income In Budget
NEW DELHI: State Bank of India Chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects. Currently, banks are required to deduct tax when interest income from deposits held in...
Most Of Top-Level Executives Have Positive Perception Of GST: Survey
NEW DELHI: An increasing number of C-suite executives have a positive perception of GST with many highlighting further reforms like rationalising tax rates and effective dispute resolution process as focus areas to usher in GST 2.0, a Deloitte survey said on Wednesday. The Deloitte GST@7 survey, engaging C-suite and...
German Auto Component Supplier ZF Group Sells 7.5 Per Cent Stake In Its Indian Subsidiary
MUMBAI: German auto component supplier ZF Group on Wednesday said it has sold a 7.5 per cent stake in its Indian subsidiary ZF Commercial Vehicles Control System (CVCS) India to increase liquidity and financial flexibility for growth. The sale of shares has no effect on ZF’s control over ZF...
Escorts Kubota Withdraws Plan To Set Up New Unit At Ghiloth in Rajasthan
NEW DELHI: Farm equipment and construction equipment firm, Escorts Kubota Ltd on Wednesday said it has withdrawn its plan to set up a new manufacturing plant at Ghiloth in Rajasthan due to failure to meet all the key requirements for a large-scale project. The company, which has lined up...
Musk’s Rocket Science Is No Good For India’s Voting Machines
By K Raveendran The opponents of EVMs in India seem to have found a new poster boy in Elon Musk, touting his views on eliminating EVMs as a rallying cry. But the anti-EVM campaigners would do well to ponder if they are barking up the wrong tree? Elon Musk,...
Scrimping PM Modi, Rail Minister Left Railways Vulnerable To Accidents
By Tirthankar Mitra The deaths of 10 persons in a collision between the Sealdah-bound Kanchenjunga Express and a goods train raises important questions about railway safety, accountability, policy priorities and more. Are we always learning by accident? This accident in West Bengal’s Darjeeling district has registered the highest death...
Karnataka Congress Leaders’ Infighting Makes Common People Suffer
By Arun Srivastava A senior faculty of a reputed educational institution in Karnataka wrote on her X handle: “MK enjoy Karnataka, First power cuts, water shortage and now……”. She further wrote: “I wish I could somehow not give my share of income tax”. Undoubtedly, this manifested disenchantment of the...
Potato, Batata, Aloo: Production, Management Of A Beloved Veggie
By Arun Kumar Shrivastav On May 30 this year, the first International Day of Potato was observed. While India is the second largest potato producer after China, the historic event failed to create any awareness among the Indian people about its importance. Potato is the third most important crop...
Odisha’s Tribal CM Mohan Manjhi Made It To The Top With Friends In High Places
By Harihar Swarup Caste does not matter much in Odisha politics. But it seems the BJP is up to experimenting with it, as it chose a tribal face as its first Chief Minister in the state over more familiar — Mohan Charan Manjhi, a four–time legislator from Keonjhar district,...
Israel’s Fall From High Moral Ground To The Indictment By ICJ
By James M Dorsey Israeli military triumphs and exploits often produce battlefield victories that fail to garner political gains. The Gaza war has changed that paradigm. It has produced neither a military nor a political victory. Adding fuel to the fire, Israel has abandoned the notion that soft power...
Close Look At Calcutta HC Judgment On OBC Quotas For Muslims
By Mokshith Venkata Shiva Bhyri In a recent ruling, the Calcutta High Court has invalidated Other Backward Class (OBC) certificates for 77 Muslim classes in West Bengal, casting doubt on the West Bengal Backward Classes Act of 2012 and striking down several of its provisions for contravening the landmark...
UN Commission Finds Israel Guilty Of Crimes Against Humanity
By Bashir Abu-Manneh The UN Independent International Commission of Inquiry on the Occupied Palestinian Territory issued its “first in-depth investigation into the events that took place on and since 7 October 2023.” The report holds the Israeli occupation responsible for the ongoing catastrophic situation in Gaza. But it also...
