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The Economic Times
The Economic Times Wrap 2024: From InterGlobe to BharatPe, many firms saw CFOs stepping into CEO role
2024 witnessed many CFOs stepping into such transformative roles across India Inc. Notable moves include Aditya Pande as Group CEO at InterGlobe Enterprises, Nalin Negi as BharatPe CEO, Manoj Bhat as Mahindra Holidays CEO, and Shrikant Kanhere as Deputy CEO at Adani Wilmar.
The Economic Times Over 5,000 startups shut amid funding woes, but job growth continues: Commerce Ministry
India's startup ecosystem faces a setback with over 5,000 closures, led by Maharashtra, amid funding challenges and intense competition. However, the Startup India initiative continues to create millions of jobs across sectors, as revealed by the Minister of State in the Ministry of Commerce in the Lok Sabha.
The Economic Times India's real estate sector flourishes in 2024: Record-breaking leases, strong sales, and robust investment driving growth
India's real estate market thrived in 2024, driven by record office leases, high residential sales, and foreign investments. Key cities like Bengaluru, Hyderabad, and Pune saw strong demand. The office sector excelled with 53.3 million sq. ft leased, and residential demand for luxury homes increased. Equity capital inflows reached $8.9 billion, indicating continued growth across sectors, including industrial and logistics.
The Economic Times Govt developing industrial corridor projects to compete with world's top manufacturing and investment destinations
The minister added that under NICDP in the state of Maharashtra, Shendra-Bidkin Industrial Area (SBIA) and Dighi Port Industrial Area (DPIA) are being undertaken for development.
The Economic Times 8.6 lakh candidates enrolled in ‘IndiaAI Future Skills’ initiative: IT Minister
About 8.6 lakh candidates have enrolled in IndiaAI 'Future Skills' initiative of the government, developed in collaboration with industry partners to provide training aligned with the latest requirements, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw, said on Wednesday.
The Economic Times Govt seeks Par nod for Rs 44,143 cr extra spending in FY25
The Indian government is seeking parliamentary approval for an additional ₹44,143 crore in spending for the current fiscal year. Increased allocations for agriculture, fertilizer subsidies, and defense are the primary drivers of this supplementary demand. Despite the increase, experts believe the fiscal deficit target remains achievable due to anticipated savings in other areas, particularly capital expenditure.
The Economic Times We should not be overly concerned about imports as long as exports' share grows: Commerce Secretary
Commerce Secretary Sunil Barthwal emphasised India's focus on export share growth over import concerns, advocating against protectionism. He highlighted the importance of imports for a growing economy and called for mobility of professionals, not migration, in free trade agreements. Barthwal also stressed the role of education and services in India's increasingly open economy.
The Economic Times MyBharat digital platform to offer job, business opportunities: Mansukh Mandaviya
Union Minister Mansukh Mandaviya announced that the MyBharat digital platform will become a one-stop shop for jobs, training, and business opportunities. He emphasized the government's youth-centric approach and its commitment to building a "Viksit Bharat" aligned with young people's aspirations.
The Economic Times India's exports to cross USD 1 trillion in next 2.5 years: Piyush Goyal
Union Minister for Commerce and Industry Piyush Goyal on Thursday expressed optimism about India's economic growth, projecting that the country's exports will surpass USD 1 trillion within the next two to two-and-a-half years.
The Economic Times India, EU aiming for balanced, ambitious comprehensive and mutually beneficial FTA: Piyush Goyal
India and the EU are working towards a mutually beneficial Free Trade Agreement, aiming to boost trade and economic ties. Commerce Minister Piyush Goyal emphasised the importance of a balanced deal, acknowledging both parties' sensitivities.
The Economic Times India's retail inflation eases to 5.48% in November, driven by fall in vegetable prices
India's retail inflation eased to 5.48% in November, driven by a decline in food prices, particularly vegetables, following the arrival of fresh produce, offering relief after October's high inflation rate.
The Economic Times India on track to achieve 6.5-7% growth this fiscal: CEA
Speaking at the Global Economic Policy Forum 2024, organized by the Confederation of Indian Industry (CII) under the theme 'Decadal Priorities for the Global Economy', Dr Nageswaran highlighted the importance of sustaining long-term growth while navigating global economic uncertainties.
The Economic Times IIP grows 3.5% in October, up from 3.1% a month ago
India's Index of Industrial Production (IIP) grew by 3.5% in October 2024, up from 3.1% in September 2024. This positive growth was driven by strong performance in key sectors like basic metals, electrical equipment, and refined petroleum products. Eighteen out of 23 industry groups showed year-over-year growth, indicating broad-based industrial expansion.
The Economic Times Nissan appoints Jérémie Papin as CFO
Stephen Ma, the current CFO, will transition to the role of Chairperson of the Management Committee for China.
The Economic Times India needs $2.2 trillion investment on infra to become 7$ trillion economy by 2030: Report
India needs a $2.2 trillion infrastructure investment to reach a $7 trillion economy by 2030. Private participation has fallen sharply, necessitating radical measures to boost investment. Increased private investment will ease the burden on government spending and support broader economic growth. Renewable energy, data centers, and logistics are key sectors for private investment.
