IPA Staff
16586 stories by IPA Staff
FPIs Take Out Rs 22,000 Crore From Equities In May Amid Poll Jitters
NEW DELHI: Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire...
BharatPe, PhonePe Settle Trademark Dispute On Pe SuffixBharatPe, PhonePe Settle Trademark Dispute On Pe Suffix
NEW DELHI: Fintech unicorns BharatPe Group and PhonePe Group have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix ‘Pe’, both companies said in a joint statement. BharatPe and PhonePe had been involved in long-drawn legal disputes across multiple courts, over the...
Finally, A Taste Of American-Style Direct Debate Between Modi And Rahul Gandhi
By K Raveendran In asserting his ‘indestructability’, Narendra Modi has taken a leaf out of the books of Arab rulers, who assiduously promote the idea that rulers are God’s representatives on Earth. This belief has been historically used by Arab monarchs to legitimize their rule and suppress dissent. In...
Modi Government Stopped Releasing CPI For Industrial Workers
By Dr. Gyan Pathak Dearness allowance of workers, retirement benefits, and even death gratuity among other benefits have been put on hold in India. The reason being the Union Government led by PM Narendra Modi did not release the All India Consumer Price Index for Industrial Workers (AICPI-IW) since...
Election Commission Is Acting Partially By Ignoring Hate Speeches Of PM
By Harihar Swarup “I am strict and I may be stern but I’m always fair and transparent. You get what you see”. This is one side. This was how T N Seshan, arguably, the Chief Election Commissioner who made the Election Commission of India an admired institution, used to...
Yet Another Legal Rap On Kerala Governor’s Knuckles
By P. Sreekumaran THIRUVANANTHAPURAM: Kerala Governor Arif Mohammed Khan has, once again, suffered a severe setback from the Kerala High Court. The latest judicial snub came when the HC quashed four nominations made by Khan in his capacity as Chancellor of universities to the Senate of Kerala University. Justice...
ICC’s Decision On Arrest Warrant Against Netanyahu Exposes Double Standard Of West
By Tajul Islam The International Criminal Court (ICC) and its chief prosecutor Karim Khan, a Pakistani-British member of Ahmadiyya community, with deep-rooted connections with Buckingham Palace and UK’s intelligence establishments are hitting headlines in international media in the recent days. Criticizing ICC, in a recent statement on his ‘X’...
Gender-Responsive Disaster Management Is Imperative
By Seema Jain The frequency of natural disasters is increasing globally due to climate change and global warming. Every year, millions of people are affected by disasters such as heat waves, earthquakes, tsunamis, avalanches, droughts, and floods, with structurally excluded communities bearing the brunt. Addressing gender inclusivity in disaster...
RBI Dividend To Have Limited Impact On Medium-Term Fiscal Consolidation: Fitch
A larger-than-expected surplus transfer by the RBI will have a limited impact on India’s medium-term fiscal consolidation, Fitch Ratings said Friday. “While supportive of near-term fiscal performance, the one-off nature of the dividend, however, means the medium-term impact of this windfall on India’s consolidation and debt path will be...
After Strong FY24, Economic Growth Momentum To Stay In Q1FY25: FinMin
NEW DELHI: With strong growth surpassing market expectations in FY24, early indications suggest a continuation of the economic momentum in the first quarter of FY25, the monthly economic review for April 2024 by the Ministry of Finance said on Friday. “The emerging robust trends in important high-frequency indicators of...
Govt’s Telecom Revenue In FY24 May Fall Short By Rs 10,000 Crore
NEW DELHI: The department of telecommunications’ (DoT) receipts for FY24 will be around Rs 10,000 crore less than the revised budgeted target of Rs 93,541 crore, officials said. This is because of some payment related adjustments pertaining to state-owned Bharat Sanchar Nigam (BSNL) that will be accounted for in...
RBI Infuses Rs 7.75 Trillion Liquidity Via Nine VRR Auctions In May
MUMBAI: With liquidity deficit rising consistently, the Reserve Bank of India on Friday conducted a variable rate repo (VRR) auction of Rs 1.25 trillion. This has taken the total liquidity infused through the auctions so far this month to Rs 7.75 trillion. Cash-starved banks have placed bids worth Rs...
Google Invests $350 Million In Flipkart For Minority Stake
MUMBAI: Google is learnt to have invested about $350 million in Flipkart as part of the e-commerce major’s near $1 billion funding round led by parent Walmart. Flipkart did not comment on the specifics of the funding, but sources told TOI that the tech giant has infused about $350...
AI Anchors To Helm DD Kisan Relaunch On May 26
NEW DELHI: Meet AI Krish and AI Bhoomi, the world’s first Government TV channel Artificial Intelligence (AI) anchors on Doordarshan Kisan. Powered by artificial intelligence, these virtual presenters are poised to redefine the way farmers across India receive agricultural information. Scheduled to debut on May 26, the same day...
Windfall RBI Dividend Positive, Usage To Signal New Government’s Fiscal Priorities: Ratings Agencies
NEW DELHI: Global rating agencies on Friday said windfall of Rs 2.1 lakh crore dividend from the RBI is positive for the country’s fiscal metrics and its usage will provide a signal around the new government’s fiscal priorities. The board of India’s central bank earlier this week decided to...
Bengaluru, Hyderabad See Jump In IT Sector Job Opportunities In April: Report
MUMBAI: Even as overall job opportunities in the IT sector declined by 3.6 per cent nationwide, openings gained traction in technology hubs Bengaluru and Hyderabad that saw a growth of 24 per cent and 41.5 per cent, respectively, during April, a report said on Friday. According to data from...
India Should Impose Tax On Ultra Wealthy To Tackle Wealth Inequality: Study
NEW DELHI: India needs to impose a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax to deal with the problem of rising inequality in the country, a new research paper co-authored by economist Thomas Piketty has suggested. The paper...
JLR To Produce Range Rover, Range Rover Sport In India; Prices Set To Fall Up To 22 Per Cent
MUMBAI: Tata Motors owned Jaguar Land Rover will start producing its Range Rover and Range Rover Sport in India, marking a first for the iconic models in their 54-year long history, to be rolled out from a country outside of the UK. Till now the two models were only...
