IPA Staff
8570 stories by IPA Staff
India’s Merchandise Exports May Grow To $500-510 Billion In FY25: FIEO
NEW DELHI: Merchandise exports from India may grow to $500-510 billion in the current financial year (FY25) after witnessing a 3 per cent contraction in the last financial year (FY24), Federation of Indian Export Organisations (FIEO), the apex body for exporters, said on Thursday. Services exports could be worth...
India Eyes More Chabahar-Like Pacts: Ports Minister
NEW DELHI: India aims to replicate the Chabahar port model in other strategic locations in the region to gain access to more such assets, said Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways. India is actively exploring opportunities to enhance its maritime presence and trade connectivity, he said...
Reliance Completes Sale Of REC Solar Norway
NEW DELHI: Reliance Industries Ltd on Thursday said it has completed the sale of REC Solar Norway AS to Oslo-listed Elkem ASA for around USD 22 million. REC Norway is a wholly-owned unit of REC Solar Holdings and is involved in the manufacturing of kerf-based polysilicon in the Scandinavian...
India PC Market Grew 2.6 Per Cent In January, March To 3.07 Million Units
NEW DELHI: The traditional PC market in India, comprising desktops, notebooks, and workstations, grew 2.6 per cent to 30.7 lakh units in the March quarter, market research firm International Data Corporation said on Thursday. HP led the personal computer (PC) market with a 30.1 per cent share despite an...
GAIL Q4 Net Profit Triples On Gas Transmission Business Turnaround
NEW DELHI: State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after natural gas transmission and petrochemical business saw a turnaround. Its standalone net profit of Rs 2,176.97 crore in January-March — the fourth quarter of 2023-24 — was 261...
Air Passenger Traffic In India To Touch 407-418 Million This Fiscal, Says Icra
NEW DELHI: Air passenger traffic in the country is projected to touch record levels in the range of 407-418 million in the current financial year and the revenues of select airport operators together are estimated to rise 15-17 per cent during the same period, rating agency Icra said on...
Samco Asset Management Eyes Rs 500 Crore From Special Opportunities Fund
NEW DELHI: Samco Asset Management expects to mop up Rs 500 crore from its new fund offer that tracks long-term capital growth through undervalued or overlooked opportunities, a top company official said on Thursday. The new fund offering (NFO) would open on May 17 and conclude on May 31....
Purkayastha Arrest: There Is More Than Technicalities At Stake
By K Raveendran The Supreme Court decision to declare the arrest of Prabir Purkayastha, founder of news website NewsClick as illegal has reignited the debate on the delicate balance between national security concerns and individual liberty. While Purkayastha’s release is a positive development, the court’s reasoning raises questions about...
Modi Back To Polarising Hindus Ahead Of Last Three Phases Of Polling
By Arun Srivastava Within twenty hours of Prime Minister Narendra Modi’s much-hyped public assertion, saying “if I do Hindu-Muslim, would not be fit for public life”, he made a classic somersault and declared: “Congress wanted to allocate 15 per cent budget to Muslims”. On Tuesday, while filing his nomination...
The Post-Bail Behaviour Of Arvind Kejriwal Is Becoming Curiouser And Curiouser
By Sushil Kutty If the Bharatiya Janata Party wins June 4, Union Home Minister Amit Shah will become Prime Minister and Yogi Adityanath will be removed from his post of Uttar Pradesh Chief Minister in three months and Prime Minister Narendra Modi will join LK Advani in the ‘Marg-darshak...
