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The Economic Times
The Economic Times India will fail to plug jobs gap even with 7% growth, says Citi
The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.
The Economic Times Total employment in MSMEs crosses 20.2 crore mark, up 66%
The number of workers employed with registered MSMEs has shot up by 66 per cent from the corresponding figure of 12.1 crore jobs in July last year. There are 4.54 crore women staffers among the total number of workers employed in these enterprises.
The Economic Times Regulatory pressure, push from leadership lead to better compliance standards in India Inc: EY report
A new report from EY shows India Inc.'s improved adherence to compliance and integrity standards, driven by regulatory pressure and management focus. The survey highlights key factors like policy developments, leadership role, and customer demand for ethical standards.
The Economic Times India Inc registers 501 deals valued at USD 21.4 bn in Q2 2024: Grant Thornton
Grant Thornton Bharat's Q2 2024 report shows 501 deals worth USD 21.4 billion. Despite a 28% value decrease post Reliance-Disney mega-merger, domestic investment and private equity remain strong. High-value deals (over USD 100 million) rose 58% with 30 significant deals. Political stability and policy clarity boosted traditional sectors like pharma and manufacturing, states Shanthi Vijetha.
The Economic Times ET Explainer: What is angel tax and why has DPIIT sought its removal?
Angel tax refers to the income tax levied by the government on funding raised by unlisted companies, or startups, if their valuation exceeds the company's fair market value. Angel tax was first introduced in the 2012 Union Budget by then finance minister Pranab Mukherjee under the UPA-II regime to arrest the laundering of funds.
The Economic Times MSMEs have growth opportunities, the challenge is in easing their access to credit: Manish Kothari, Kotak Mahindra Bank
The key pivot for Kotak Mahindra Bank’s MSME lending business has come through holistic banking relationships and out-of-the-box solutions, says Manish Kothari, Head, Commercial Banking, Kotak Mahindra Bank.
The Economic Times Budget 2024: Capex, SOPs, bold reforms top infra and energy companies' wish list
Budget 2024: Finance minister Nirmala Sitharaman on Friday met representatives from the infrastructure and energy sector as a part of her pre-budget consultations. "While the capex support for the infrastructure was common, the industry wanted bold reforms to push infrastructure projects, support for energy transition and tax incentives for solar and sector to meet India's goal to attain net-zero by 2070," said a person aware of the details of the meeting. The industry is also seeking a government roadmap for creating better cities.
The Economic Times Lifesciences sector's expectations from Union Budget 2024-25
The upcoming Union Budget 2024-25 can boost the lifesciences sector with supportive policies towards innovation and affordability. The industry expects tax benefits that will encourage furthering research and development in the country, lowering of GST on healthcare and diagnostic services can improve accessibility and affordability of essential healthcare services.
The Economic Times Uniform GST for hotel rooms, eco-friendly initiatives, CSR fund use: pre-budget expectations
MakeMyTrip CEO Rajesh Magow advises the Union Budget 2024-2025 to set a uniform 12 percent GST rate, streamline OTA GST registrations, permit TCS credit on salary income, and utilise CSR funds for tourism.
The Economic Times Govt should review GST rates on vehicles powered by clean fuels: Rajiv Bajaj
According to Bajaj, there is no party happening in the EV segment as of now.
The Economic Times Grifols appoints Rahul Srinivasan as new Chief Financial Officer
Srinivasan will lead Grifols’ global financial organization, taking over from Alfredo Arroyo, who recently announced his retirement after 17 years of service.
The Economic Times Finolex Cables plans Rs 500 crore capex, Southeast Asia and Africa expansion, says CFO Mahesh Viswanathan
In an exclusive interview with ETCFO, Viswanathan said the spending would be on the expansion of manufacturing facilities, adoption of cutting-edge technologies, and enhancement of supply chain infrastructure.
The Economic Times Axer Polymers’ Aarasp Bejan Bodhanwala steps down as CFO
Despite stepping down from his executive roles, Bodhanwala will remain involved with the company as a Non-Executive Director.
The Economic Times Easier visa norms in works for non-PLI manufacturers: DPIIT secretary
“We have already got a streamlined process for PLI beneficiaries. We’re trying to get it extended to other non-PLI beneficiaries operating in those same strategic sectors,” Singh said.
The Economic Times Tariff hikes and 5G monetisation moves hint Jio’s headed for IPO
"The stage is now set for the telecom market leader's much awaited IPO in the near future," said Mayuresh Joshi, head of equity research at Indian unit of US-based William O' Neil & Co.
