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The Economic Times
The Economic Times 70% of loan requests by MSMEs are to meet immediate financial needs: Paisabazaar
A Paisabazaar study reveals 70% of 80 lakh Indian MSME business loan applications in the last 10 months sought funds for immediate needs like working capital and raw materials. Less than 30% focused on growth initiatives. Demand concentrated in metros, but non-metro applications are rising.
The Economic Times Apparel industry slams proposed GST hike
The Clothing Manufacturers Association of India (CMAI) expresses concern over the proposed GST rate hike on apparel. The CMAI warns that increasing the GST on garments priced between ₹1,500 and ₹10,000 to 18%, and to 28% for those above ₹10,000, could lead to job losses, reduced demand, and industry disruption.
The Economic Times Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue
Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The Economic Times Cyberattacks to spike in 2025; healthcare and finance sectors at risk: Report
A new report warns that the Indian finance and healthcare sectors face escalating cyber threats in 2025. AI-powered attacks, deepfakes, and supply chain vulnerabilities are key concerns. The report urges organizations to enhance cybersecurity strategies, focusing on AI-driven threat detection and cyber resilience to combat these evolving risks.
The Economic Times Employment, wage growth to drive consumption: CEA Nageswaran
India’s Chief Economic Adviser, Dr V Anantha Nageswaran, outlined a vision for India’s economic growth at the Bharat@100 Summit. Highlighting consumption, manufacturing, and private sector participation as growth pillars, he emphasised collaboration among public, private, and academic sectors to navigate global uncertainties.
The Economic Times India adopted meticulous approach to FTAs to safeguard interests of MSMEs: S Jaishankar
Highlighting the rationale behind this cautious stance, Jaishankar said, "Modi govt has been very cautious on FTA for two reasons. Number one, weighing the experiences and the results of previous and number two, our concern for the impact of FTAs on MSMEs."
The Economic Times We are ready to set up our manufacturing operations in India: Putin
Russian President Vladimir Putin praised India's 'Make in India' initiative and Prime Minister Modi's stable policies at an investment forum. He expressed Russia's interest in establishing manufacturing bases in India, citing Rosneft's recent $20 billion investment as an example. Putin also advocated for greater BRICS cooperation to support small and medium-sized enterprises.
The Economic Times Indian markets make substantial gains from day's low in anticipation of rate cut by RBI: Experts
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
The Economic Times GST rate rationalisation: Experts suggest shift to three-tier structure to simplify compliance
Ahead of the 55th GST Council meeting on December 21, experts highlight the need for a simplified GST system to foster India's economic growth, advocating for a three-tier structure that reduces complexity, enhances transparency, and benefits both businesses and consumers.
The Economic Times Fibre optics: Rationalize duties to drive indigenous manufacturing & achieve Atmanirbharta
Chinese manufacturers continue to dump their products into India. The Indian government should increase the basic custom duty to 20%, from 15%, to further disincentivise Chinese imports of optical fibre. This would allow the industry to continue its upward growth and make India an optical fibre champion.
The Economic Times Akash Systems signs $27 million deal with NxtGen for diamond cooled AI servers
“We are collaborating with Akash to set an industry benchmark for sustainable AI. Through a combination of Akash’s diamond cooling, waterless liquid cooling, and advanced GPUs from NVIDIA and AMD, we are able to double the performance per watt,” said AS Rajgopal, CEO & MD of NxtGen.
The Economic Times Delhi HC asks SFIO not to take coercive action against Hero Electric Vehicles for now
The Delhi High Court intervened in the Hero Electric FAME II subsidy case. The court halted the SFIO probe. Hero Electric and the Ministry of Heavy Industries will attempt to resolve their dispute. The ministry will report back to the court on December 20. Hero Electric faces allegations of misusing subsidies.
The Economic Times India achieves limited success in capturing 'China Plus One strategy' so far: Niti Aayog report
The US has implemented stricter export controls and higher tariffs on Chinese goods to limit China's growth and expenditure towards technological progress.
The Economic Times Tata Electronics takes a page from Foxconn’s book to go beyond Apple
He said the company was having "good discussions" ongoing with multiple companies like Microsoft, Dell, HP and a number of others - both for assembly and component supply.
The Economic Times India to capture 10-12% of global MedTech market in 25 years: Report
India is projected to significantly increase its global medical technology market share from 1.6% to 10-12% over the next 25 years. The Indian MedTech market, currently at $12 billion, is expected to reach $50 billion by 2030, driven by factors like a growing aging population, rising chronic diseases, and increased healthcare spending.
