IPA Staff
16581 stories by IPA Staff
World’s Biggest Aviation Summiut Flies Back To India After 42 Years
NEW DELHI: India will host the world’s most premier aviation event, the annual general meeting (AGM) of the International Air Transport Association (IATA), next year, after a gap of 42 years. This will be the third time the IATA AGM — considered one of the most significant events in...
Rising Heat Cools Manufacturing PMI To 3-Month Low As Input Costs Bite
NEW DELHI: Manufacturing activity eased to a three-month low of 57.5 in May from 58.8 in the previous month as heatwaves and rising production costs took a toll on the sector, showed a private survey released on Monday. “The pace of expansion slowed, led by a softer rise in...
Government Working On Insurance Pools For Disaster Protection
MUMBAI: The government is working on parametric and hydroelectric insurance pools for better disaster protection, and is engaging with regulators and insurers for such products, said GIC chairman Ramaswamy Narayanan. The parametric cover will pay claims based on predefined disaster triggers, such as earthquakes or storms, while the hydroelectric...
Big Export Push On Top Of Government Agenda
NEW DELHI: The government is considering setting up a dedicated overseas market development body– IndTrade– and a national branding division to get to the goal of $ 2 trillion in exports by 2030. IndTrade would work for trade promotion and the branding division will work along with the export...
CPSEs’ Capex Rise 6.5% To Rs 50,206 Crore In April
NEW DELHI: Despite the ongoing general elections, the Central public-sector entities’ – companies and departmental agencies — investment rose 6.5% on-year to Rs 50,206 crore in April, reflecting the government’s thrust on investment-led economic growth. The Railway Board invested Rs 26,641 crore in projects in April, 10% more than...
ICRA Revises Domestic Steel Consumption Growth Upwards To 9-10% For FY25
NEW DELHI: Credit rating agency ICRA has revised its 2024-25 (FY25) full-year steel demand growth target to 9-10 per cent, 200 basis points higher compared to the earlier estimate of 7-8 per cent. The growth forecast factors in the latest trends in the sector. Domestic steel consumption between February...
Around One Third Employees Experience Age Related Discrimination At Work: Study
MUMBAI: Overall 31 per cent of employees in India have experienced age-related discriminations across sectors with the highest prevalence reported in multinational companies, a study said on Monday. The ‘Ageism in the Workplace’ study by talent company Randstad India revealed that 31 per cent of employees in India have...
Japan Airlines Enters Into Codeshare Pact With IndiGo
MUMBAI: Japan Airlines on Monday said it has entered into a codeshare arrangement with IndiGo, which would help the Japanese carrier expand services to 14 destinations of the domestic carrier’s network. At present, Japan Airlines operates its services to Delhi and Bengaluru from Tokyo. It offers daily flight services...
Interest Rates Have Peaked, Moderation Expected Towards Year End: PNB MD
NEW DELHI: Days before RBI’s monetary policy, Punjab National Bank (PNB) managing director Atul Kumar Goel said interest rates have peaked and are expected to see a reversal by the end of this year. The Monetary Policy Committee, which is expected to keep the policy rate unchanged for the...
Mother Dairy Hikes Milk Prices By Rs 2 Per Litre In NCR
NEW DELHI: Mother Dairy on Monday announced Rs 2 per litre hike in milk prices in the Delhi-NCR market due to a rise in input cost over the last 15 months. The increase in prices of all variants of milk is effective from Monday (June 3) in Delhi-NCR as...
Narendra Modi Has His Plans Ready For Next Five Years If BJP Wins Lok Sabha Polls
By Kalyani Shankar After the seven-phase elections, the June 1 exit polls indicate that Prime Minister Narendra Modi will likely win big. The INDIA block, a coalition of regional parties, also competed, but its chances were slim. The results on January 4 will reveal the actual winner. Election results...
ANC Reconciled To Form A Coalition Govt In South Africa After Losing Majority
By Satyaki Chakraborty As expected, the ruling African National Congress (ANC) lost its majority in the national elections in South Africa held on May 29 paving the way for the formation of a coalition government as the leading partner after its uninterrupted rule for thirty years since the holding...
BJP Consolidates Its Hold On North East By Big Assembly Win In Arunachal
By Dr. Gyan Pathak By winning 46 Vidhan Sabha Constituencies out of 60 in the state, Bharatiya Janata Party (BJP) has just upgraded its strategic political citadel Arunachal Pradesh. In terms of seat, it is 5 more than it had won in 2019 Vidhan Sabha election. In terms of...
INDIA Bloc’s Confidence Still Solid Despite Exit Polls Predicting Modi Win
By Sushil Kutty A third term for Prime Minister Narendra Modi, or a first term for Rahul Gandhi, Congress President Mallikarjun Kharge’s choice for Prime Minister of an INDI-Alliance government in case the June 4 result upsets the one predicted by the exit polls and throws up an “expect...
Exit Polls Politically Motivated, Biased: LDF, UDF
By P. Sreekumaran THIRUVANANTHAPURAM: Both the CPI(M)-headed Left Democratic Front (LDF) and the Congress-led United Democratic Front (UDF) have rejected the exit poll reports ‘with the contempt they deserve’. These reports are politically motivated and highly biased, say both the fronts which are the main contenders from Kerala. What...
Allowing Netanyahu To Address U.S. Congress Is The Height Of Biden’s Duplicity
By Dr Arun Mitra The news that Benjamin Netanyahu, the Prime Minister of Israel, has been invited to address joint session of US Congress has come at a time when the International Criminal Court (ICC) is seeking warrants against Netanyahu and other Israeli and Hamas leaders for “war crimes.”...
Afghan Economy And Social Life Are In Tatters As Talibans Refuse To Democratise
By Girish Linganna Last month, Afghanistan faced another major natural disaster with severe flooding in the northern provinces of Badakhshan, Baghlan, and Takhar. It is estimated that hundreds of people lost their lives and thousands were forced to leave their homes. This recent disaster follows a series of earthquakes...
In France, Resurgent Far Right Beats Divided Leftwing Parties
By Julian-Nicolas Calfuquir PARIS: It seems almost a lifetime ago. France’s elections in spring 2022 saw the rise of a united-left slate, the New Ecological and Social Popular Union (NUPES), which not only repeatedly topped polls but denied Emmanuel Macron a majority in the National Assembly. Last year, his...
