IPA Staff
16581 stories by IPA Staff
Rural Sector Comes In Focus For New Government, Moderate Consumption Push Likely
NEW DELHI: A clutch of steps aimed at addressing the issue of income stagnation being faced by sections of the population and the persisting rural distress could be part of the short-term agenda of the new government, according to sources privy to the deliberations in the National Democratic Alliance...
TRAI Reviewing Norms For Inactive Landline And Mobile Connections, Seeks Feedback
NEW DELHI: The telecom sector regulator has sought views on the need to come up with relevant definitions for inactive landline and mobile connections, in a new discussion paper around formulating a revised national numbering plan for telecom services after factoring in resource constraints. It also wants industry suggestions...
Renewables, Transmission To Fuel Power Sector Investment: Moody’s
NEW DELHI: Investment in the country’s power sector will be driven by renewable energy and power transmission over the coming years, according to a report by Moody’s Ratings on Thursday. The agency said India’s target of 500 gigawatt (Gw) of renewable energy capacity by 2030 requires $190 billion to...
Tweaks To Insolvency Code May Be Reviewed
NEW DELHI: The much-awaited amendments to the Insolvency and Bankruptcy Code (IBC), including those aimed at expediting the resolution process, and introduction of cross-border and group insolvency regimes, may undergo a review by the incoming government before being taken to Parliament for approval, official sources told FE on condition...
RBI May Allow Change In Trusteeship Of Asset Reconstruction Companies
MUMBAI: The Reserve Bank of India (RBI) may allow Security Receipts (SR) holders to change the trusteeship of Asset Reconstruction Companies (ARCs). This change would enable ARCs to retain stressed assets without acting as trustees, thereby expediting the resolution process. Banks, non-banking financial companies (NBFCs) and foreign portfolio investors...
Steel Ministry Ropes In Consultant To Explore Use Of Green Hydrogen In Manufacturing
NEW DELHI: The steel ministry has roped in an in-house consultancy to explore the use of green hydrogen in the direct reduction of iron (DRI) and blast furnaces, the ministry told Moneycontrol when asked about its plans for decarbonising the sector. Iron and steel is the most emissions-intensive industry...
For 2 Years In A Row, Army Inked 100% Contracts With Indigenous Firms Under Capital Procurements
New Delhi: Moving towards greater indigenous acquisitions, the Indian Army for last two financial years, 2022-23 and 2023-24, inked all its contracts under capital procurements, including those under emergency category, with local companies, reported The Print. The Acceptance of Necessity (AoN) was granted to 83 percent of Indian companies...
BHEL Shares Jump Over 14.50 Per Cent On Receiving Over Rs 3,500 Crore Order From Adani Power
NEW DELHI: Shares of BHEL on Thursday zoomed over 14.50 per cent after the company said it has secured an order worth over Rs 3,500 crore from Adani Power Limited to set up a thermal power project in Raipur, Chhattisgarh. The stock jumped 14.57 per cent to Rs 292.45...
Markets Extend Winning Momentum To 2nd Day Running
MUMBAI: Benchmark equity indices Sensex and Nifty began the trade on a buoyant note on Thursday, continuing to rally for the second day running, after leaders of the BJP-led National Democratic Alliance (NDA) unanimously elected Narendra Modi as their leader. Extending its previous day’s sharp rally, the 30-share BSE...
Novelis Postpones US IPO Due To Market Conditions
NEW DELHI: Hindalco Industries on Wednesday announced that its US arm Novelis Inc has postponed its initial public offering (IPO) due to market conditions. Novelis will continue to evaluate the timing of the offering in the future, Hindalco said in a filing to BSE. Few days back, Novelis Inc...
Three National Elections In Three Continents Signal March Of Vibrant Democracy
By Nitya Chakraborty In a span of three days this week, three largely populated countries — South Africa, Mexico and India got the results from the national elections and all three signalled the triumphant march of the vibrant democracy in each country. The results showed how the vigilant electorate...
Uttar Pradesh Election Result May Be Early Sign Of Change In Indian Politics
By Dr. Gyan Pathak The fall of the far-rightist and hyper nationalist Hindutva Bharatiya Janata Party (BJP) in the recently concluded Lok Sabha Election in Uttar Pradesh and the rise of socialist Samajwadi Party (SP) and the centrist Indian National Congress (INC) alliance may be an early sign of...
2024 Lok Sabha Election Verdict: One Step Forward But Fight To Go On
By P. Sudhir The verdict of the 2024 Lok Sabha election is remarkable for the assertion by the people that they value democracy and the constitution. The people have deprived the BJP of an absolute majority, something which it had achieved both in 2014 and 2019. The BJP’s tally...
Allies Set To Extract Their Pound Of Flesh From A Diminished Modi
By Arun Srivastava While Narendra Modi’s declaration that he would be sworn for the third time as the prime minister has enthused his bhakts, it has, at the same time, disenchanted the top RSS leaders as they feel that this message is primarily aimed at insulting them and cast...
Chandrababu Naidu Is In Driver’s Seat In National Politics After 2024 Polls
By Sushil Kutty Chandrababu Naidu is no ‘Comeback Kid’, not at his age. The only ‘kid’ in today’s Andhra Pradesh is Jana Sena founder Pawan Kalyan, the Telugu actor who played a stellar role in bringing together the Telugu Desam Party and the Bharatiya Janata Party. If any title...
India To Rename Two Dozen Places In Tibet Region Of China As Retaliation
By Girish Linganna India has initiated a retaliatory effort against China’s renaming of locations in India’s Arunachal Pradesh state. The Indian government intends to rename over two dozen places in China’s Tibet Autonomous Region as a response. According to The Diplomat, a media organization, they have obtained a comprehensive...
Post Electoral Reverse, Blame Game Starts In West Bengal Unit Of BJP
By Tirthankar Mitra With only 12 seats in its kitty even after Prime Minister Narendra Modi’s pre-poll announcement that BJP will give its best election performance in West Bengal, it is blame game time in the state saffron camp now. Chary of criticising the prime minister, factional feud has...
Modi’s Comment That The World Did Not Know About Gandhi Till 1982, Is A Mockery Of History
By Krishna Jha An evening on January 30, 1948, Sun was setting and Gandhi was entering the prayer meeting when suddenly Godse started firing at him. After three shots, Bapu was crumbling, looking at his murderer with immense love and forgiveness, on his lips were only two words, “Hey...
