IPA Staff

16593 stories by IPA Staff

Centre May Stick To Interim Tax Estimates In July Budget

NEW DELHI: The Centre, while presenting its full Budget in July, is likely to stick to its tax revenue estimates made during the interim Budget, despite witnessing a higher-than-anticipated growth in tax collections so far, according to an official source. This is even as the non-tax revenue estimates will...

May 24 · >

Draft Digital Bill To Impact Investments, US-India Trade Body Tells FM

NEW DELHI: Trade body US-India Strategic Partnership Forum (USISPF) has sought intervention of finance minister Nirmala Sitharaman on the Draft Digital Competition Bill. In a letter on May 15, the last date to submit the response to the draft Bill, trade body’s president and CEO Mukesh Aghi has sought...

May 24 · >

MG Motor India Signs Pact With Vertelo To Deliver 3,000 EVs

NEW DELHI: MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo in a phased manner. Both the entities have signed a memorandum of understanding to this effect. The partnership will focus on providing sustainable mobility solutions...

May 24 · >

Government Plans Big Scale Radiation Processing Of Onions To Prevent Shortages

NEW DELHI: The government is planning to significantly ramp up the radiation processing of onions to create a buffer stock of 1,00,000 tonnes this year, as it aims to prevent shortages and price rises of the politically sensitive bulb, according to a top government official. The world’s biggest exporter...

May 24 · >

Leather Exporters Seek National Policy To Attract Investments, Create Jobs, Boost Shipments

NEW DELHI: Apex body for leather and footwear exporters CLE has asked the government to formulate a national policy for the sector with a view to attract investments, boost India’s shipments and create jobs. In a letter to Niti Aayog CEO BVR Subrahmanyam, Council for Leather Exports (CLE) said...

May 24 · >

Working on GenAI Tool To Make Video Learning Content More Accessible, Affordable: Upsurge

MUMBAI: Upsurge, an e-learning platform that focuses on stock market trading and investing, aspires to become the leading platform in the domain of finance and is working on a generative AI tool to churn out video-based content to make its offerings more accessible and affordable, say its co-founders. The...

May 24 · >

Sensex Hits New All-Time High; Nifty Breaches 23,000-Mark For First Time

MUMBAI: Benchmark equity indices Sensex and Nifty hit their fresh all-time peaks in early trade on Friday amid buoyant investors’ sentiment days ahead of the results of the Lok Sabha polls announcement and fresh foreign fund inflows. The 30-share BSE Sensex climbed 164.24 points to hit its all-time high...

May 24 · >

NDA Losing Majority In 2024 Lok Sabha Polls Is A Distinct Possibility Now

By Nitya Chakraborty The first five phases of polling for the 2024 Lok Sabha elections are over by now, with only 115 seats out of the total of 543 remaining for voting in the next two phases. The results will be out on June 4. In the last few...

May 23 · >

Prime Minister Narendra Modi’s Interviews And What To Make Of Them

By Sushil Kutty There are funny politicians, too. Just like there is ‘Humour in Uniform’. Take Rahul Gandhi, for example. Rahul is a close second to Prime Minister Narendra Modi in terms of funny riposte. In fact, the 54-year-old often beats Modi in the game. Like when he compelled...

May 23 · >

Narendra Modi’s India Is On The Wrong Side Of History In The Struggle Of Palestine

By P. Sudhir The chief prosecutor of the International Criminal Court (ICC), Karim Khan, has sought arrest warrants to be issued against Israel’s Prime Minister Benjamin Netanyahu and defence minister Yoav Gallant along with three Hamas leaders, including Ismail Haniyeh. The prosecutor has stated that there is enough evidence...

May 23 · >

Israel Is Continuing Its Destruction Of Rafah By Massive Bombing

By Krishna Jha Amidst massive bombing of Rafah, its major part is in ruins now. There is also sealing of entry and exit for life-saving aid. Brutality is in its full bloom. Israel, a built up habitat for those survivors of extremities during holocaust, now has spread out its...

May 23 · >

Many Decisions Of Chouhan Govt Are Being Altered In Madhya Pradesh

By L S Herdenia BHOPAL: Without waiting for Lok Sabha poll results to be out, both Congress and BJP have initiated steps to make changes in their respective organisations. The BJP has taken steps to change policies introduced by the Chief Minister Shivraj Singh Chouhan..As regards Congress it called....

May 23 · >

Veteran Saugata Roy Of TMC Is Getting Good Fight From CPI(M)’s Sujan Chakraborty

By Tirthankar Mitra KOLKATA: A three time MP ought to be well entrenched in his constituency even if he does not voice his certainty about his victory when he faces the electorate on the fourth occasion. A hatrick of electoral triumphs notwithstanding, , Trinamool Congress MP from Dum Dum,...

May 23 · >

Iran To Hold Elections On June 28 To Choose New President After Raisi

By Girish Linganna If Ayatollah Ali Khamenei had appeared less stern (or showing slightly less firmness) during his eulogy (a speech given in honour of someone who has died), more people in Iran might have believed that the president’s death was simply an accident. Officials noted a stark (or...

May 23 · >

Britain Is Going For General Elections On July 4 After 14 Years Of Tory Rule

By Ben Chacko LONDON: British Prime Minister Rishi Sunak gambled on a snap general election, announcing on Wednesday a poll likely to bring down the curtain on 14 years of miserable Tory rule. He surprised Westminster by announcing that the country will vote on July 4, with the present...

May 23 · >

Windfall For Government As RBI Transfers Record Rs 2.1 Trillion For FY24

MUMBAI: The Reserve Bank of India’s (RBI’s) central board met on Wednesday and decided to transfer a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24) even after increasing the contingent buffer at the peak level of 6.5 per cent. This amount is more than double...

May 23 · >

Compensation Gap Between Private And Public Sector Widens In FY23

NEW DELHI: Compensation in the private sector reached a new high of 22% of gross domestic product (GDP) in 2022-23, up from 21.2% in FY22, widening the gap with government sector compensation, an ET analysis of government data released earlier this month showed. Total compensation of employees working with...

May 23 · >

India’s Market Capitalisation To GDP Ratio At 15-Year High Of 140%

MUMBAI: The stock prices of listed companies continue to outpace growth in India’s gross domestic product (GDP). The market capitalisation (mcap) of all companies listed and traded on the BSE is up 61 per cent since the end of March 2023, compared to an estimated 10 per cent growth...

May 23 · >
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