IPA Staff
8386 stories by IPA Staff
Left Parties Thwart A Poaching Attempt By BJP In Kerala
By P. Sreekumaran THIRUVANANTHAPURAM: Left parties are made of sterner stuff. Their leaders, MPs and MLAs are not up for grabs unlike the Congress party which succumbs to threats, intimidations and blandishments from the saffron camp at the drop of a hat as it were. That is the unmistakable...
Saudi Arabia Has Its Pivotal Moment In The Pursuit Of International Clout
By M A Hossain In the vibrant heart of Riyadh, amidst its soaring skyline and lively thoroughfares, a momentous gathering of global leaders, policymakers, and influential business figures recently unfolded. The occasion? The World Economic Forum’s Special Meeting in the Kingdom-an event of profound significance, highlighting Saudi Arabia’s escalating...
Time For Prime Minister Rishi Sunak To Call Early General Elections
By Ben Chacko LONDON: The Tories are imploding. That is the story of local election results following the polls to the councils throughout Britain, hundreds of Conservative seats lost, and gains for Labour, the Liberal Democrats and the Greens. Keir Starmer says Rishi Sunak should take the hint and...
Services Exports Growth Enters Slow Lane In FY24
MUMBAI: After recording double-digit growth for two consecutive years, India’s services exports decelerated in FY24 to a three-year low, with a modest increase of 4.9 per cent to $341.1 billion, data released by the Reserve Bank of India showed. However, net services exports grew at a robust pace of...
Telecom Subscriber Base Grows Marginally To 924 Million In March: TRAI
MUMBAI: Cash-strapped Vodafone Idea’s subscriber losses slowed to a six-month low in March, while market leader Reliance Jio continued to add the most number of users, outpacing nearest rival Bharti Airtel, telecom regulator data showed Friday. Jio added 2.14 million users, followed by Airtel, which added 1.75 million users,...
Centre Plans To Buy Back Bonds Worth Rs 40,000 Crore On May 9: RBI
MUMBAI: The Reserve Bank of India Friday said the Centre plans to buy back Rs.40,000 crore worth of government securities on May 9, a move that is expected to ease the tight liquidity conditions in the banking system. This will be the first such repurchase since 2018. The unexpected...
RBI Proposes Tighter Project Finance Rules
MUMBAI: The Reserve Bank of India (RBI) on Friday said lenders should maintain a provision of 5% for loans extended to under-construction projects, according to draft guidelines posted on the central bank’s website. The provisions can be made gradually in phases till FY27. Once the project enters the operational...
Apple Clinches Strong Double Digit Growth In India
NEW DELHI: Apple CEO Tim Cook on Friday said the company grew strong double-digit in India, clinching a new March quarter revenue record amid an “incredibly exciting market”. Describing India market as a “major focus”, Cook said Apple is working on the entire ecosystem from developer to the market...
Govt Lifts Ban On Onion Exports; Imposes Minimum Export Price Of USD 550/Tonne
NEW DELHI: The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country. “The export policy of onions is...
India’s Fossil Fuel Capacity Grows 2.44 Per Cent In FY24: Data
NEW DELHI: The country’s fossil fuel-based power generation capacity increased 2.44 per cent to 243.22 GW in FY24 from 237.27 GW in March 2023, according to official figures. There was a 10.79 per cent rise in non-fossil fuel based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in...
