IPA Staff
16593 stories by IPA Staff
HPCL Q4 Net Falls 25 Per Cent, Records Rs 16,000 Profit In FY24
NEW DELHI: Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 25 per cent fall in its March quarter net profit on lower refining margins and announced one free bonus share for every two shares held. Its consolidated net profit of Rs 2,709.31 crore in January-March – the fourth...
IHCL Expands Partnership With CG Hospitality
MUMBAI: Indian Hotels Company (IHCL) on Thursday announced a strategic partnership with CG Hospitality with a plan to grow its portfolio in the Indian sub-continent to 25 hotels by 2025, involving a total investment of around Rs 4,000 crore. The portfolio of 25 properties by 2025, will include 11...
Fairfax Backed Go Digit To Float IPO
NEW DELHI: Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group, is set to launch its initial public offering on May 15. The initial share sale will conclude on May 17 and the bidding for anchor investors will open for a day on May 14, according...
Election Commission Is Abdicating Its Constitutional Responsibility To Hold Impartial Polls
By P. Sudhir Elections to half the seats in the Lok Sabha have been completed with the third phase of polling being over on May 7. This has provided enough experience and time to assess how the Election Commission (EC) has gone about superintending the conduct of a free...
After One Year Of Ethnic Tensions, Manipur Refuses To Be Normal
By Krishna Jha How long it takes to listen to the victim’s tearful cries? That too when she is a mother of a four-year old, dares to plead to the demons for her life as her death could be the death of her child too. Their assent to it...
Sam Pitroda Was Not Wrong, Only His Way Of Presentation Was Defective
By Anjan Roy If the noblest could be compared with the plebeian, the infinite with the infinitesimal, the dignified with crass, then the underlying sentiments expressed by Sam Pitroda were in the same veins as Rabindranath Tagore’s great poem “Bharat Tirtha”. All this hyper reaction by the BJP leaders...
Haryana Politics Undergoes Big Change Impacting Lok Sabha And Assembly Polls
By Dr. Gyan Pathak Politics in Haryana underwent a considerable change before the withdrawal of nomination on May 9 for the Lok Sabha Election scheduled in the penultimate phase VI on May 25. Election campaign would start from tomorrow in a backdrop of change of BJP’s chief minister on...
Modi’s Insinuation Against Rahul: PM Realises He’s Losing The Poll Plot
By Arun Srivastava Narendra Modi’s two latest remarks — first hitting out at Rahul Gandhi over Sam Pitroda’s ‘skin colour’ comments, and second charging Ambani and Adani with buying Rahul’s purported silence — have caused furore in the political circles. Not only have they shaken the trust level of...
Between The Lines Of Pitroda’s Declassification Of Indians
By Sushil Kutty Prime Minister Narendra Modi couldn’t have been more thrilled than when Indian Overseas Congress head Sam Pitroda spoke. On May 8, Modi feigned anger and outrage and gave Indians reason to feel divided after Sam Pitroda did what he thought was an honest classification of Indians...
Bengal Congress Strongman Adhir Chowdhury Struggling Hard To Defend His Seat In Berhampore
By Tirthankar Mitra KOLKATA: Political difference is meshed with an almost personalised rivalry at Berhampore and Krishnanagar constituencies in the run up to May 13, the day of the electoral battle of the fourth phase of the 18th Lok Sabha polls in West Bengal. Careers of a stalwart and...
Major Politico-Legal Setback For Congress In Kerala
By P. Sreekumaran THIRUVANANTHAPURAM: The Congress in Kerala suffered a severe legal as well as political setback when the vigilance court in Thiruvananthapuram rejected the petition filed by party MLA Mathew Kuzhalnadan seeking a probe against Chief Minister Pinarayi Vijayan and his daughter Veena on the allegation that they...
Is Russia Mulling To Experiment With Using Nuclear Weapons In Space
By Girish Linganna Russia recently rejected a UN resolution proposed by the US and Japan, which aimed to prevent the development and use of nuclear weapons in space. This action by Russia indicates that they are moving closer to making the idea of using nuclear weapons in space a...
Economy Better Placed To Pursue Non-Inflationary Growth: CEA
NEW DELHI: India could continue to grow at a rate of 6.5-7 per cent for the next decade with better balance sheet strength in the financial and non-financial sectors, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday. Speaking at an event organised by the National Council of...
Net Worth Of CPSEs Increased By 82% In Nine Years, Says Finance Minister
NEW DELHI: Denouncing the claim by Congress leader Rahul Gandhi that central public sector enterprises (CPSEs) are being dismantled and are in disarray under the current government, Finance Minister Nirmala Sitharaman on Wednesday said the net worth of CPSEs increased by 82 per cent to Rs 17.33 trillion at...
Higher Provisioning May Slow Infra Sector, But Good For Long Term: Industry
MUMBAI/NEW DELHI: The draft guidelines released by the Reserve Bank of India (RBI) recently, calling for higher asset provisioning for infrastructure lending, could hit the pace of infra development in the country, say companies, but agree that it is a “sane” move for the sector’s long-term stability. The draft...
India Calls For Reinvigorating Discussions On Development Agenda At WTO
NEW DELHI: India has called for re-energising discussions in the World Trade Organisation (WTO) on the development dimension to achieve tangible progress and meaningful outcomes. In a communication to the WTO, the country said that there is a substantial unfinished development agenda emanating from the recently concluded 13th ministerial...
RBI Project Loans Rules Seen To Hit Highway Sector
NEW DELHI: If the Reserve Bank of India’s (RBI) draft guidelines on financing of project loans gets implemented as proposed it would lead to a disruption in the highways sector, which has witnessed aggressive public capex over several years, and is expecting a return of private risk capital. Many...
Rift Between RSS And BJP Getting Bigger With Every Phase Of Polling
By Arun Srivastava With the passing of every phase, the anguish gripping the RSS and traditional BJP cadres and supporters is getting more pronounced and discernible, notwithstanding the attempts of the top RSS leaders to make them relent and ensure the victory of the BJP candidates. Much against the...
