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The Economic Times
The Economic Times Job creation in India jumps 36 pc in last 10 years vs 6 pc between 2004-2014
Employment generation across the agriculture, manufacturing, and services sectors saw a significant increase during Prime Minister Narendra Modi's tenure in the last 10 years compared to the preceding decade under the Congress-led UPA government, according to figures compiled by the Reserve Bank of India.
The Economic Times Government should come up with a clear roadmap to contain fiscal deficit: Montek Singh Ahluwalia
Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, has raised concerns about India's high fiscal deficit, stating that it is much more than other developing countries and hampering private investments.
The Economic Times Dunzo founder Kabeer Biswas may exit cash-strapped delivery startup
This follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when the sector is witnessing heightened activity and peak investor interest. Retail Retail, which holds a 25.8% stake in Dunzo, has not yet given the green light to the proposal of Biswas to quit the struggling instant delivery startup.
The Economic Times Bajaj Finance may outperform HDFC Bank in 2025: Sandip Sabharwal
Sandip Sabharwal analyzes mixed auto sales data and positive retail sales, particularly focussing on Avenue Supermarts’ growth. The valuation of D-Mart remains expensive but shows potential for revival. Contrarian opportunities in NBFCs are highlighted, and the impact of ITC Hotels’ demerger on Indian Hotels’ competitiveness is discussed.
The Economic Times Poverty gap shrinks between rural and urban India in FY24, driven by higher consumption: SBI report
India's rural and urban consumption gap is reducing significantly, thanks to government initiatives like direct benefit transfers and improved rural infrastructure. The report indicates decreasing inequality and poverty rates, with states such as Bihar showing notable progress. However, challenges remain in regions like Uttar Pradesh.
The Economic Times Seven billionaires created by India’s IPO boom in 2024
India's IPO boom in renewable energy and other sectors has skyrocketed several entrepreneurs to billionaire status, with strong domestic equity inflows and upcoming significant listings like Flipkart and PayU, despite anticipated market corrections due to global tensions and economic headwinds.
The Economic Times Pay hikes at booming GCCs may top IT companies in FY26 too
Global capability centres (GCCs) are expected to offer higher salary increases compared to Indian IT service companies in FY26. GCCs are providing better pay and hiring more swiftly, especially in high-demand roles like AI/ML and cloud, with salary hikes between 10-20% for top performers.
The Economic Times Travel bug takes a bigger bite, industry expects a promising year
The travel industry expects 2025 to be a significant year, driven by events like the Maha Kumbh Mela and strong summer bookings. Increased connectivity and the popularity of domestic and international destinations are boosting demand. Technological advancements and easing visa regulations are further supporting this growth.
The Economic Times Will focus on tech & talent in 2025: Gautam Adani
Adani Group's chairperson Gautam Adani emphasized capital deployment as the primary challenge and highlighted technology and talent as vital for sustainable growth. Adani Group plans to utilize capital from recent fundraises by focusing on technological advancements and talent development. The company will increase campus recruitment, establish career tracks, and offer internal job rotations and training programs.
The Economic Times M&M, Tata Motors bag big PLI incentives; earn brownie points for their work in advanced auto tech
The PLI scheme for the auto and auto components industry runs from 2023-24 to 2027-28, with payments scheduled between 2024-25 and 2028-29. It offers incentives ranging from 8 per cent to 18per cent for components related to electric vehicles, hydrogen fuel cells, and other advanced technologies.
The Economic Times Sebi rejects Zee, Punit Goenka's settlement applications, orders further probe
The Securities and Exchange Board of India (SEBI) has dismissed settlement applications filed by Zee Entertainment and Punit Goenka. The regulator has referred the matter for further investigation, subsuming the allegations of the show cause notices with the ongoing investigation.
The Economic Times ED questions Religare chair Rashmi Saluja in money laundering case
The Enforcement Directorate (ED) has questioned Religare Enterprises executive chairperson Rashmi Saluja regarding a money laundering case. Saluja, along with other executives, is alleged to have misappropriated company funds and to have influenced the filing of false FIRs. The investigation continues, with Saluja denying all charges.
The Economic Times Budget 2025: Central schemes may not see change in allocation for FY26
Union Budget 2025: The government is expected to keep the allocation for centrally sponsored schemes in 2025-26 at around ₹5.05 lakh crore. Efficiency improvements and stricter monitoring helped save ₹30,000 crore in the current fiscal and a transition to a single nodal agency is enabling better fund utilization.
The Economic Times Family trusts face new limits: Cousins & non-relatives no longer eligible as 'beneficiaries'
The recent tribunal ruling mandates that family trusts cannot add non-relatives as beneficiaries without facing tax implications. The decision affects the flexibility of trusts in succession planning, emphasizing that partnership interests qualify as shares and are taxable under section 56(2)(x).
The Economic Times Govt capex remains subdued; FY25 target likely to be missed
The Ministry of Road Transport & Highways and the Ministry of Railways reported moderate progress, utilising 54% and 67% of their annual allocations, respectively. However, the Ministry of Defence’s capital outlay reached only 41% of the FY25 budget estimate, compared to 53% during the same period last year.
