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The Economic Times
The Economic Times Netweb Technologies CFO Prawal Jain resigns, Ankit Kumar Singhal takes over as Interim CFO
Given Jain's departure, Netweb Technologies has appointed Ankit Kumar Singhal as its interim Chief Financial Officer who is presently serving as the financial controller of the company, effective November 15, 2024.
The Economic Times Getalong Enterprise appoints Harsha Vikram Jain as CFO
Harsha Vikram Jain brings with her two decades of banking experience from Bank of India Ltd. After opting for voluntary retirement, she transitioned into the legal and tax consultancy field, registering as an Income Tax Practitioner with the Income Tax Department in February 2007, as per Getalong Enterprise's regulatory filing to BSE.
The Economic Times Mercedes-Benz India to hike prices by up to 3% from January 1
"Over the past three quarters, we have been facing increased pressure on our cost structure primarily driven by escalating material cost, fluctuating commodity pricing, increased logistics expenses and inflationary cost," Mercedes-Benz India Managing Director & CEO Santosh Iyer said.
The Economic Times India's gem & jewellery exports see growth in October
India's gem and jewellery exports rebounded in October 2024, driven by growth in cut and polished diamonds and gold jewellery. Despite this positive development, cumulative exports from April to October 2024 experienced a decline compared to the same period in the previous year.
The Economic Times Niti Aayog's WEP partners with Urban Company to empower women
Niti Aayog's Women Entrepreneurship Platform (WEP) has partnered with Urban Company to empower women in the beauty and wellness sector. The initiative will provide training and support to women-owned micro, small and medium enterprises (MSMEs) to help them scale up their businesses.
The Economic Times India's forex reserves fall to $675.65 billion, down $6.4 billion as of Nov 8
India's foreign exchange reserves experienced a decrease of $6.4 billion, settling at $675.65 billion by November 8th. The decline was primarily attributed to a drop in Foreign Currency Assets, while gold reserves saw an increase. Despite this dip, India maintains its position as the fourth largest holder of foreign exchange reserves globally.
The Economic Times India's healthcare expenditure less than 2 percent of GDP, needs to be increased: Ex-RBI Gov
The former chairman of the PM's Economic Advisory Council stated that education and health are crucial for accelerating the country's progress. "However, in India's social expenditure system, more resources are allocated to education than to health, which may not be the ideal approach."
The Economic Times India's e-commerce battlefield gets ready for bloody wars
While quick commerce becomes the preferred medium for immediate needs and impulse purchases, e-commerce is favoured for more planned purchases like home, beauty and personal care. But now quick commerce firms are diversifying beyond groceries, small-value items, etc. and invading the home turf of e-commerce players. Swiggy's impressive debut also indicates the incoming deluge of cash in an emerging business, quick commerce.
The Economic Times India's total exports likely to surpass $800 billion in coming months: Industry
Driven by the resilient and strong momentum of exports in the current financial year (FY25), industry experts on Friday said they are highly optimistic about India's total exports surpassing $800 billion in the coming months.
The Economic Times State Bank of India seeks $1.25 billion in India’s largest bank loan of 2024
State Bank of India is seeking a five-year loan of up to $1.25 billion, marking the largest dollar-denominated loan from India's financial sector this year. The loan, arranged by CTBC Bank, HSBC, and Taipei Fubon Bank, will be used for general corporate purposes.
The Economic Times The gamification of India’s investment landscape: Why investor protection must come first
India's retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to ensure long-term financial stability.
The Economic Times India's GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report
India's GDP will expand 6.5-7 per cent annually in the next three fiscal years (2025-2027), and the country's good economic growth prospects will continue to support banks' asset quality, according to a new report.
The Economic Times Shaktikanta Das to stay or leave RBI? His future and your wallets are connected
RBI Moetary Policy: The contract of Reserve Bank of India Governor Shaktikanta Das ends on December 10. The government has not announced whether Das will receive an extension. Economists are considering the impact of Das's potential departure on interest rate decisions. Some economists believe Das will receive an extension due to his handling of the economy during challenging times.
The Economic Times AI integration with cloud, edge computing have potential to create jobs: STPI director general
"First is AI-machine learning integration in cloud services and also access to artificial intelligence through cloud. With this you can optimise your resources. All kind of personalized technology services can be given once AI-ML is integrated on cloud," Software Technology Parks of India director general Arvind Gupta said.
The Economic Times Despite progress in gender-focused policies, fragmented response in India limits support for women as climate leaders: Report
A new report highlights the need for India to have a more inclusive climate finance strategy. The report emphasizes the importance of supporting women as leaders in climate action, suggesting dedicated funds for women-led initiatives in climate-sensitive sectors. The report also recommends financial literacy programs for rural women.
