IPA Staff
16581 stories by IPA Staff
Commerce Ministry’s Focus Likely On Signing FTAs, Reviving Exports
The biggest challenge for the commerce and industry ministry under the coalition government led by Prime Minister Narendra Modi would be to revive the growth of merchandise exports that has been grappling with external factors such as geopolitical risks and high inflation. A dedicated road map is expected to...
RBI Opens Gates For Investors, Companies To Invest In Overseas Funds
MUMBAI: Investors and companies based in India will now be able to invest in overseas funds, including those set up in the United States and Singapore, without any restrictions. The move follows an amendment by the Reserve Bank of India (RBI) last week regarding Overseas Portfolio Investments (OPIs). The...
Implementing Labour Reforms May Prove Tricky For New Coalition Govt
NEW DELHI: The labour and employment ministry and the ministry of skill development and entrepreneurship will need to usher in labour law reforms, job creation, upskilling, and promote social security for the workforce to give a fillip to India’s manufacturing competitiveness, said experts. While the four labour codes have...
Commerce Ministry May Seek More Funds For Startups In Forthcoming Budget
NEW DELHI: The commerce and industry ministry may seek more funds for startups in the forthcoming Budget, to be announced by the new government, to promote innovation in the country, an official has said. The new government may announce the Budget for 2024-25 in July. The seed fund scheme,...
Domestic Open Access Solar Capacity Addition Doubles In January, March: Mercom
NEW DELHI: Open access solar installations rose two-fold in India to 1.8 gigawatts during January-March this year supported by several factors, including reduced module cost, US-based Mercom Capital has said. Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply...
Sheela Foam Sees 14-15 Per Cent CAGR Growth In Next 3-5 Years, Says CEO Nilesh
NEW DELHI: Sheela Foam, which owns two leading mattress brands — Sleepwell and Kurlon — expects a double-digit CAGR growth of 14 to 15 per cent in short to mid-term, its CEO Nilesh Mazumdar has said. Sheela Foam, which acquired the Kurlon brand last year, has rebranded it with...
Asus Bets Big On India’s Personal Computer Market
TAIPEI: India’s personal computer (PC) market is better than the rest of the world and low penetration level of the devices offers a good growth opportunity for the Taiwanese tech major Asus, senior company officials have said. The Taiwanese PC maker has seen positive growth in the Indian market....
India A Big Aviation Market: Star Alliance CEO
DUBAI: India is a big aviation market and a stronger partnership between Air India and Lufthansa is good, as efforts of the Star Alliance are to bring the partners together to provide a unique value proposition for the passengers, the airline grouping’s CEO Theo Panagiotoulias has said. Air India...
Next Week Could Mark A Make Or Break For Netanyahu’s Political Future
By James M Dorsey The coming week or two could determine Prime Minister Binyamin Netanyahu’s political fate and reshape the Biden administration’s support for Israel’s Gaza war. That is, if Netanyahu fails to comply with war cabinet member Benny Gantz’s demand that the prime minister produce a plan for...
With Elections Behind Us, It’s Time For ‘Market Forces’ To Take Control Of Fuel Prices
By K Raveendran Fuel consumers would do well to be ready to loosen their purse strings and face the post-election nuanced reality after they enjoyed a Rs 2 per litre cut in prices before the Lok Sabha elections. There has been a pattern in the price behaviour during and...
AAP Is Now On An Uncertain Rocky Political Terrain, To Go Ahead Alone
By Dr. Gyan Pathak Aam Aadmi Party (AAP) has now decided to go ahead alone and has started reviewing relationship with INDIA bloc. The party’s path ahead is already embattled with legal battles, with its three key leaders – CM Arvind Kejriwal, Manish Sisodia, and Satyendra Kumar Jain –...
Rahul Gandhi Is Set To Take Over Leader of Opposition Post In Lok Sabha
By Sushil Kutty It is the same old story. The boringly repetitive drama of Congress leaders imploring Rahul Gandhi to take on a plum post – this time that of Leader of Opposition in the Lok Sabha. The two sides never tire of the game. On one side, Congress...
Allies Upset At Dithering Congress Over INDIA Bloc’s Lost Chance
By Arun Srivastava It might have been far-fetched, but even then the Trinamool Congress’s Young Turk Abhishek Banerjee took pains to fly to Mumbai to meet the Shiv Sena chief Uddhav Thackeray and his son Aditya Thackeray, for exploring opportunity for a third front government to take over in...
Congress Focused On Fewer Seats, Sacrificed Many In Favour Of Allies
By Harihar Swarup Forty-four seat and 19.3% of the votes in 2014: 52 seat and 19.49% of the votes in 2019: and 99 seats and 21.26% of the vote in 2024. One of the stories of these elections has been turnaround of the Indian National Congress, one made all...
Trinamool Congress Retains Maximum Portion Of Muslim Votes In Bengal
By Tirthankar Mitra Influence of Indian Secular Front (ISF), the “one legislator party” in the West Bengal Assembly is not to be judged by its representation. It contested on its own in the 2024 Lok Sabha elections and cut into the support bases of Congress and several Left Front...
RBI Raises GDP Growth Projection To 7.2 Per Cent For FY25
MUMBAI: The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released...
GDP To Grow Less Than 7 Per Cent In FY25: Economists
NEW DELHI: India’s Gross Domestic Product (GDP) may expand less than 7% in the current financial year due to external headwinds, statistical effect of a high base and technical factors, economists said. On Friday, the Reserve Bank of India (RBI) raised India’s GDP growth projection by 20 basis points...
Public Sector Banks Pin Hopes On New Govt For Higher PLI For Employees
NEW DELHI: State-run banks are hopeful of a more lucrative performance-linked incentive (PLI) for their employees as a new coalition government takes charge. They are also likely to push for a five-day banking week. Both bank unions and employee associations have been demanding a review of the existing PLI...
