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The Economic Times
The Economic Times AI triggers boom in flexi-work options for technology professionals
Skilled tech professionals, particularly in AI, are increasingly choosing freelance work, commanding high hourly rates on platforms like Upwork and Appen. Indians are prominent, offering competitive rates while demand for AI skills like data annotation and training surges. This shift allows workers flexibility and higher earnings compared to traditional employment.
The Economic Times Recognised startups create over 16.6 lakh direct jobs: Centre
Recognised startups in India have created over 16.6 lakh direct jobs across more than 55 varied industries, the Parliament was informed on Friday.
The Economic Times Young Indian professionals key to fulfilling global workforce requirements: Minister
India's youth are the nation's true wealth, with their talent and skills being recognised and appreciated globally, Union Minister for Labour and Employment, Dr Mansukh Mandaviya, has stressed.
The Economic Times LG Electronics India files IPO papers to raise ₹15,000 crore
LG Electronics India filed for a ₹15,000 crore IPO, potentially India's fifth-largest. The South Korean electronics giant, a market leader in several appliance categories, aims to sell a 15% stake. This marks LG's second IPO in India, following Hyundai Motors. The company plans to invest ₹5,000 crore in a new Andhra Pradesh factory.
The Economic Times Economists bat for new manufacturing policy, pvt investments push
The manufacturing policy should include a strategy on import tariffs, taxation, technology transfer and other related aspects to cover the entire spectrum of potential policy interventions, they are learnt to have told the minister.
The Economic Times Centre's Rs 15K cr PLI scheme for pharma to boost domestic manufacturing
The Union government has approved a financial outlay of Rs 15,000 crore for the Production Linked Incentive (PLI) scheme for pharmaceuticals, aimed at boosting domestic manufacturing.
The Economic Times Ceat to acquire Michelin's Camso brand for USD 225mn
Camso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins compared to tyres for passenger vehicles and two wheelers. Michelin had in 2018 acquired the brand for nearly USD 1.5 billion.
The Economic Times SBI forecasts India's GDP growth at 6.3 pc, lower than RBIs projection of 6.6 pc for FY25
SBI predicts India's FY25 GDP growth at 6.3%, lower than RBI's revised 6.6% projection. This downward revision follows an initial increase, marking a shift from previous years' consistent downgrades. A CRR cut aims to inject liquidity into the banking system, potentially boosting net interest margins.
The Economic Times India set to witness surge in billionaire entrepreneurs over next decade: UBS Report
India will see a surge in billionaire entrepreneurs. This growth will mirror China's growth until 2020. Rapid urbanization and digitalization are key drivers. The number of Indian billionaires has more than doubled in the last ten years. Their collective wealth has nearly tripled. Family businesses have played a crucial role. India has many publicly listed family-owned businesses.
The Economic Times Relentless FII selling now over as Indian economy remains resilient
In a clear change of strategy, the foreign institutional investors (FIIs) have turned buyers, and the stage of relentless FII selling is now over with the Indian economy remaining resilient despite the geo-political conditions, market watchers said on Saturday.
The Economic Times The CFO’s Playbook 2025: Redefining India Inc Leadership
Deepesh Baxi, CFO of Castrol India Limited, explores the evolving role of CFOs in India, focusing on strategic risk management, technology adoption, innovation, and sustainability to navigate future challenges and drive growth.
The Economic Times Minimum Government Maximum Governance is India's reform agenda: FM Sitharaman
Sitharaman emphasized the pivotal reform of 'Minimum Government, Maximum Governance' as a major step towards achieving ideological clarity in India's economic framework.
The Economic Times GDP slowdown in Q2 not systemic, Q3 to compensate for moderation: FM
In the first half, the government spent only 37.3 per cent of its capital expenditure target of Rs 11.11 lakh crore for FY25.
The Economic Times Seasonal demand coupled with capex recovery expected to drive better earnings in H2: Anand Shah
Consumption, as I said, there is a natural second half being better than first half, that should play out. So, consumption should recover on its own given the festive seasons and the wedding season comes through in the second half of the year.
The Economic Times CCI sends notice to UltraTech Cement for its proposed acquisition of Chennai-based India Cements
India's Competition Commission is reviewing UltraTech Cement's acquisition of India Cements for potential competitive impacts. UltraTech, already the country's largest cement producer, has defended the deal, citing the fragmented southern market with numerous players.
