The Economic Times
The Economic Times India's growth momentum has picked up after Q2 slowdown: Jeffries
The improvement in India's economic growth after the slowdown in the July-September quarter is visible as movement indicators like fuel consumption, vehicles tolled and air traffic have strengthened, Jefferies said in a note on Wednesday.
The Economic Times High interest rates big deterrent for MSME exporters; working with finmin on this: DGFT
Director General of Foreign Trade Santosh Kumar Sarangi said that the department of commerce has been "struggling" to convince the finance ministry regarding the relevance of the Interest Equalisation Scheme (IES) and the extent to which it is maintaining manufacturing competitiveness.
The Economic Times Sebi orders forensic audit of TARC's financial statements
TARC said that it shall provide all necessary information, assistance and cooperation concerning the forensic audit and shall inform the exchanges of any further developments in the matter.
The Economic Times Sebi bars FPIs from issuing ODIs with derivatives as underlying
Sebi has banned FPIs from issuing ODIs with derivatives as underlying or using derivatives to hedge ODIs in India. FPIs can issue ODIs only through a separate dedicated registration, with government securities as the only permissible underlying. This move aims to regulate the use of derivatives by FPIs in India.
The Economic Times Swiss MFN status suspension poses tax challenges for Indian firms, may hit inbound investments
Switzerland's suspension of the Most-Favored-Nation (MFN) status under its tax treaty with India, effective January 2025, will raise withholding tax on dividends from 5% to 10%. Experts note the move could affect cash flow for Indian businesses but emphasize that tax credits under the Double Taxation Avoidance Agreement (DTAA) will mitigate financial impacts, offering India an opportunity to reassess its tax strategies.
The Economic Times Indian realty institutional investments hit all-time high in 2024 with robust outlook
India's real estate sector is thriving, with institutional investments reaching a record $8.9 billion in 2024, a 51% increase from last year. The residential sector now leads investments at 45%, surpassing offices. Domestic investor participation has risen to 37%. REITs saw a threefold increase, and equity investments dominated, accounting for 78%.
The Economic Times Sebi relaxes regulatory norms for investment advisers, research analysts
The minimum qualification requirement has been reduced to a graduate degree in specified fields and net-worth requirement has been replaced with the requirement of deposits.
The Economic Times 5G, private networks to play crucial role in smart manufacturing
5G and private networks stand to play an important role towards digitalizing the manufacturing sector. Digitalization of the sector involves combining data, analytics, and automation, enabling manufacturers to reduce downtime and boost productivity. Private networks, which are secure and dedicated, give manufacturers more control and customization options, ensuring that critical data remains secure. When combined with 5G, private networks can support real-time monitoring, predictive maintenance, autonomous robotics, and augmented reality (AR) for training and support.
The Economic Times PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
The Centre's Production Linked Incentive (PLI) scheme has succeeded in attracting an investment of Rs 1.46 lakh crore in the manufacturing sector and has created over 9.5 lakh jobs, Commerce and Industry Minister Piyush Goyal informed the Lok Sabha.
The Economic Times Centre plans to increase financing for renewable energy projects
Renewable energy minister Pralhad Joshi will meet with bank and industry leaders in January to discuss increased financing for renewable energy projects. India aims to achieve 500 GW of non-fossil fuel-based energy capacity by 2030, requiring substantial investment.
The Economic Times Qualizeal appoints Satish Sureddi as CFO
QualiZeal Inc. has appointed Satish Sureddi as CFO. With 23+ years of experience in finance and strategy, he previously held senior roles at Qualcomm, Virtusa, Wipro, and Gati Intellects.
The Economic Times Global GDP to face a 19% decline by 2050 due to climate change, study projects
Although the detrimental effects of climate change on economies have been acknowledged, quantifying its impact has proven challenging. Nonetheless, a recent study has provided a grim forecast, suggesting that climate change could slash global GDP by a substantial $38 trillion by 2050, equivalent to nearly a fifth of the world’s total GDP.
The Economic Times What India needs to build a truly sustainable EV economy
India's electric vehicle (EV) market is experiencing rapid growth, fueled by government initiatives and rising consumer demand. E-rickshaws play a key role, and the country is focusing on expanding charging infrastructure and domestic battery production.
The Economic Times Adani to merge Sanghi, Penna with Ambuja
Ambuja Cements is merging its subsidiaries, Sanghi Industries and Penna Cement, to boost operational efficiency. Sanghi shareholders will receive 12 Ambuja shares for every 100 Sanghi shares. Post-merger, the Adani family's ownership in Ambuja will slightly decrease to 67%, while public shareholding will rise to 33%.
The Economic Times Nissan, Honda confirm talks on closer collaboration but say there's been no decision on a merger
Nissan and Honda confirmed ongoing discussions about closer collaboration, denying merger reports. Nissan's shares surged while Honda's dipped following speculation of a potential merger including Mitsubishi, to create the world's third-largest automaker. The companies are exploring joint development of electric vehicle components and autonomous driving software.