IPA Staff
16593 stories by IPA Staff
Mobile PLI May Be Extended Beyond 2026
NEW DELHI: Smartphone PLI (production-linked incentive), the most successful of all 14 such schemes, may be extended by a couple of years beyond 2025-26 when it officially ends. The five-year PLI scheme, which started in 2020 ends in 2026, and each company has the flexibility to choose any five...
Healthcare Sector Most Violative Of Advertisement Rules, Says ASCI Report
NEW DELHI: Maximum cases of advertisement norms violations were reported from the healthcare sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India’s (Asci’s) Annual Complaints Report released on Wednesday. The healthcare sector accounted for a maximum 19 per...
OMC GRMs Likely To Moderate For Second Consecutive Year In FY25
NEW DELHI: Domestic oil marketing companies (OMCs) are likely to face margin pressures in FY25 on account of a moderation in Gross Refining Margins (GRMs) due to reduction in product cracks, particularly diesel, and shrinking discounts on Russian crude oil. Also read: Crude oil declines as industry report indicates...
Flash Services PMI Up At 61.4 In May; Manufacturing PMI Down To 58.4
NEW DELHI: Services have edged up India’s flash composite purchasing managers’ index (PMI) to 61.7 in May, as against 61.5 in April. More importantly, the month under discussion saw the steepest expansion in private sector jobs since September 2006. The HSBC Flash India PMI is compiled by S&P Global...
Paytm Net Loss Widens To Rs 550 Crore In Q4, FY24 Loss Narrows To Rs 1,422.4 Crore
NEW DELHI: Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted...
Tata Power DDL, India Smart Grid Forum Sign MoU For Vehicle To Grid Technology Demonstration Project
NEW DELHI: Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, signed a Memorandum of Understanding (MoU) with the India Smart Grid Forum (ISGF) to collaborate on a ground-breaking Vehicle-to-Grid (V2G) Technology Demonstration Project on 15th...
AI Express Union Says Reduced Flights Impacting Cabin Crew Salaries
NEW DELHI: Less than two weeks after the airline’s cabin crew called off their strike, a union of the Air India Express has flagged concerns about flight delays and cancellations, saying that the reduced number of departures is adversely impacting the salaries of the cabin crew. The Air India...
Opinion Poll Ban Is No Deterrent For Politicians To Claim Round-Wise Tally Of Seats
By K Raveendran The Election Commission of India (ECI) has wielded its regulatory wand, imposing a ban on exit polls between April 19 and June 1. During this period, media outlets are forbidden from publishing predictions or survey results. The rationale behind this prohibition is clear: to prevent undue...
PM Narendra Modi Running A Risk Of Getting His Nose Cut In Delhi Polls
By Dr. Gyan Pathak Campaign for Lok Sabha election in Delhi is at peak, with both the chief contestants the BJP and INDIA bloc claiming to win all the 7 constituencies. On the surface, it may seem to many a simple election affair of gaining political dominance, but it...
Supreme Court Should Act To Protect Democracy And Right To Vote
By Arun Srivastava Visible zeal of the Indian voters to overthrow the autocratic Narendra Modi government that’s determined to dismantle Ambedkar’s Constitution, may prove to be a mirage, thanks to Rajiv Kumar-led election commission’s single-minded focus to subvert the election process in favour of Modi by hook or crook....
In Himachal’s Mandi, It Is The Lok Sabha Battle Between The Queen And The Prince
By Sushil Kutty ‘Haseen Pari’ and ‘Sanatani Watchdog’. One is a ‘Queen’, the other is a ‘Prince’. The beautiful fairy loves her “beef”, and the sanatani prince has a beef with her for her love for beef. It is election time and everything goes, including objecting to people’s eating...
Libia Lobo Sardesai Ran A Secret Rado Station During Liberation Movement In Goa
By Harihar Swarup “Rejoice Brothers and sisters” Rejoice Today, after 451 years of alien rule, Goa is free and united with the mother land. Our brothers are there to protect you”. On the morning of December 19, 1961—the Goa was liberated from Portuguese rule—Libia Lobo Sardesai and her colleague...
In Ghatal, The Top Star Of Bengal Dev Is Fighting Hard To Keep His Image Clean
By Tirthankar Mitra KOLKATA: With the BJP and Trinamool Congress candidates hailing from Bengali film world, there is a surfeit of glamour at Ghatal constituency in West Bengal which goes to polls on May 25. But even as he seeks the people’s verdict for the second time, Trinamool Congress...
Global Attention Is Focused On Iran’s Future Nuclear Programme In Post-Raisi Era
By Girish Linganna On May 6, Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), visited Tehran and met with Hossein Amirabdollahian, Iran’s Foreign Minister. Shortly after, on May 19, a tragic helicopter crash claimed the lives of Mr. Amirabdollahian and Ebrahim Raisi, the President of Iran,...
GDP Likely Expanded 6.8% In Q4; FY24 Print May Hit 7.8%
NEW DELHI: The Indian economy likely grew a better-than-expected 6.8% in the last quarter of FY24, according to the median forecast of a poll of 15 economists, propelled by strong growth momentum and strengthening demand. The strong March quarter print could lift overall gross domestic product (GDP) growth for...
Government Readying SOP For FTA Negotiations
NEW DELHI: The ministry of commerce is working to codify the experience gained through intensive negotiations on the Free Trade Agreements (FTAs) in the past few years and compile it as Standard Operating Procedure for future guidance and reference. “After doing several agreements now we have got this experience,...
FinMin May Raise FY25 CPSE Dividend Target In Full Budget
NEW DELHI: The finance ministry is likely to raise the CPSE dividend estimates by Rs 5,000 crore to around Rs 53,000 crore for the current fiscal in the full budget to be presented in July. In the interim budget 2024-25, the government had pegged dividend estimates from non-financial central...
Revamping Of BOT Model Tactical Move To Attract Private Capex: Ind-Ra
NEW DELHI: India Ratings and Research (Ind-Ra) on Tuesday said the revamping of the built-operate-transfer (BOT) model is a tactical move to attract private capex, which is estimated to surpass Rs 1 trillion by 2030, as per the government. According to the rating agency, during the past seven years,...
