IPA Staff
16586 stories by IPA Staff
Four Top European Banks Seek RBI Nod For Clearing Model
MUMBAI: Four top European banks, which also play key custodian roles in the local sovereign debt trade, have sought the Reserve Bank of India’s (RBI) go-ahead for a third-party transaction model to break the impasse involving their home authorities and domestic policymakers over audit oversight rights. “There was a...
NFRA Unrelenting, To Inspect Top Auditors Again
NEW DELHI: The regulator continues to be unrelenting in its drive to enforce audit quality. While the top five firms auditors came under its scrutiny last year, the National Financial Reporting Authority (NFRA) has decided to widen the ambit of its annual inspection this year. The Big Five, three...
Xi-Putin Pact Aims To Control The US Hegemony More Than Ukraine Conflict
By Nantoo Banerjee Contrary to the wide publicity that the latest X-Putin agreement will push for “a comprehensive, sustainable and just settlement” of the Ukraine-Russia conflict through peaceful means, the document throws little light on how to solve the situation within a possible timeframe. China merely talks about a...
June 4 Lok Sabha Results To Determine The New Political Alignment
By Kalyani Shankar The 2024 Lok Sabha elections are closing, and the results will be out on June 4. The aftermath of the election is not simply about winners and losers. It is about more than just the anticipated outcomes. It includes the potential for unforeseen alliances, dramatic shifts...
AAP Is Advantageously Placed As Punjab Goes For Polls In 13 Seats On June 1
By Dr. Gyan Pathak Election campaign for the lone Lok Sabha Constituency of Union Territory Chandigarh and 13 in Punjabis approaching to its peak. Aam Aadmi Party (AAP) is clearly seen dominating in Punjab while Congress candidate of INDIA bloc has perceivable edge over the BJP’s in Chandigarh. In...
Dedollarisation Move Has A Major Role Behind Surge In Gold And Silver Prices
By Dr. Nilanjan Banik The price of 10 grams of 999-carat gold reached an all-time high of Rs 75,160 on May 20. If you plan to buy silver, the story is similar, with silver prices reaching an all-time high of Rs 90,000 a kg on May 17. In fact,...
Ex-Thailand PM Yingluck Sparking Political Comeback Rumours
By Arun Kumar Shrivastav The politics in Thailand is slowly moving towards an understanding among the top players — the King, Maha Vajiralongkorn, the army chief who overthrew the elected government in 2014 and ruled as the country’s Prime Minister until May 2023, General Prayuth Chan-o-cha, and the politically...
India-Russia Collaboration In Arctic Region Has Immense Significance For Growth
By Girish Linganna Russia’s Arctic Region is believed to have large untapped reserves of oil, natural gas, and rare earth minerals. These minerals are essential for important and growing industries like artificial intelligence (AI), electric vehicles (EVs), and semiconductors. Russia’s Arctic region spans about 5,500 kilometres along the northern...
At Diamond Harbour, Trinamool’s Abhishek Banerjee Is Reigning Supreme
By Tirthankar Mitra KOLKATA: Of the 42 Lok Sabha constituencies in West Bengal the result of Diamond Harbour seat is arguably the most crucial to the future of All India Trinamool Congress, the ruling dispensation of the state. Since 2014, chief minister and TMC supremo, Mamata Banerjee’s nephew and...
Ruling ANC May Lose Majority In May 29 General Elections In South Africa
By Satyaki Chakraborty The African National Congress (ANC) which is ruling South Africa since the end of apartheid regime in 1994, is facing a stiff challenge from the opposition parties in the general elections to be held on May 29. As per the Constitution, the ANC needs a majority...
Government Eyes Extra $50-Billion Foreign Flows Annually
NEW DELHI: With a sharp 62% decline in net foreign direct investment (FDI) to India in FY24 and a looming crisis in finding non-Budget funds to finance infrastructure projects, the Centre is preparing a multi-pronged action plan to attract long-term capital of an additional $50 billion per year from...
First Things First: Boost Labour Efficiency To Spur Growth
NEW DELHI: Jobless growth is a curse, and would dent growth itself. So, improving labour efficiency – and ensuring remunerative wages – are key to boosting the fortunes of the Indian economy, and bolstering the aggregate demand. Reforms of the labour market are bound to be a top priority...
Public Sector Banks Seek Changes To Rules For Infra Loans, May Approach Govt
State-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensation from concessioning authorities, and greater immunity for board members sanctioning funds for infrastructure projects as they firm up their response to Reserve Bank of India (RBI) draft rules on project financing...
India, Indonesia Stand Out For Emerging Market Investors In Ageing World
Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute. The investors are focusing on the two nations in emerging Asia, thanks...
India In Trade Deficit With Nine Trading Partners In 2023-24
NEW DELHI: India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased...
India’s Q4 GDP Likely To Have Grown At 6.1-6.7 Per Cent: Economists
NEW DELHI: India’s GDP in the fourth quarter of financial year 2023-24 is expected to have grown within the range of 6.1-6.7 per cent, lower than over 8 per cent rate recorded in the previous three quarters, according to projections by various economists. The GDP numbers for the fourth...
Telecom Companies Directed To Block Incoming International Spoofed Calls
NEW DELHI: The government has directed telecom operators to block all incoming international spoofed calls that display Indian mobile numbers, an official statement said on Sunday. The Department of Telecom (DoT) said that it has been reported that fraudsters are making international spoofed calls displaying Indian mobile numbers to...
Domestic Airfares On Northward Trajectory; Still Among Lowest Globally, Say Experts
NEW DELHI: Domestic airfares are sailing northwards, surging up to 40 per cent in key routes on higher traffic and capacity constraints in the last six quarters. Still, ticket prices are among the lowest in the world, according to experts. India is one of the world’s fastest growing civil...
