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The Economic Times
The Economic Times Forge Partnerships among key stakeholders to address global concerns: FM Nirmala Sitharaman
Organized by the Department of Economic Affairs, Ministry of Finance, and the Confederation of Indian Industry (CII), the forum brought together key stakeholders to deliberate on the theme of decadal priorities for the global economy.
The Economic Times RBI Governor Sanjay Malhotra emphasises stability, growth, and financial inclusion
New RBI Governor focuses on responsibility, policy continuity, and public interest in inaugural press conference.
The Economic Times Competition in financial sector can lead to excessive risk taking, bringing instability: CEA Nageswaran
Chief Economic Advisor V Anantha Nageswaran highlighted the need for distinct regulatory approaches for financial and non-financial sectors. He emphasized that competition in the financial sector can create instability, unlike in other sectors. Nageswaran also urged the private sector to increase hiring and balance capital-intensive growth with labor-intensive growth for sustainable economic expansion.
The Economic Times MSMEs are driving India's workforce: Report
The report, titled ‘Democratisation of Entrepreneurship,’ released at the TiE Global Summit in Bengaluru, reveals that 20.5% of MSMEs in India are owned by women. It further notes that the country has the potential to create over 30 million new women-owned enterprises, which could generate 150 to 170 million jobs.
The Economic Times Employability among Indian graduates improves to 54.81%: Report
"This decade belongs to India as a leader in global talent mobility. This decade must be focused on quality of skills training that shall make a stark difference for international mobility. Long term and internally certified skill programs with embedded language training will be the winning bet to provide early work opportunities. The skilled and certified talent from India provides a unique advantage and leverage to India," Nirmal Singh, Chief Convenor of India Skills Report and Wheebox CEO added.
The Economic Times Haber raises USD 44 mn in equity-debt funding round
Industrial AI startup Haber secured USD 44 million in Series C funding, comprising USD 38 million in equity and USD 6 million in debt. Led by Creaegis, BEENEXT, and Accel, the funding will fuel Haber's expansion into the Americas and broaden its portfolio across process manufacturing industries beyond its current clientele in India, the Middle East, and Africa.
The Economic Times Bhartia family set to acquire 40% stake in Coca-Cola’s bottling arm HCCB for Rs 12,500 crore
The Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 12,500 crore, with Goldman Sachs financing the deal. This marks the family's largest acquisition to date, and they will contribute around Rs 5,000 crore themselves.
The Economic Times Under new Guv, RBI to cut interest rates in Feb: Analysts
Monetary policy under Malhotra, who is also a career bureaucrat, will be "more accommodative", analysts at Japanese brokerage Nomura said, adding the rate cut at the February meeting is "cemented".
The Economic Times Google parent Alphabet jumps on quantum chip breakthrough
Google on Monday introduced a new chip called Willow, which solved a computing problem in five minutes that would have taken a classical computer more time than the history of the universe. Tech companies are chasing quantum computing in hopes of developing systems that perform at speeds far faster than traditional silicon-based computers.
The Economic Times Inflation major challenge globally, no country can tackle it in isolation: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman addressed the CII Global Economic Policy Forum, highlighting inflation as a global challenge requiring collective action. While India's retail inflation likely eased in November due to moderating vegetable prices, the RBI maintained steady interest rates, citing price pressures and downgraded growth forecasts. Wholesale inflation also showed signs of decline.
The Economic Times India rises above roti, kapda aur makaan. Where is it headed?
India's consumption patterns are shifting from basic necessities to services like healthcare and education. The middle class is expanding rapidly, projected to reach 60% of the population by 2047, driving economic growth and potentially transforming India into a consumption powerhouse. This growth is fueled by increasing disposable incomes and an aspirational drive.
The Economic Times Airlines chase corporates with business class seats
"Increase in seats on the front end on domestic and select international routes is likely to disrupt pricing of business class and even premium economy," said aviation consultancy firm CAPA.
The Economic Times Ultra high net-worth individuals in India growing at 12% CAGR: Motilal Oswal
India's HNWI and UHNWI population is booming, with a 12% annual growth rate fueled by a strong economy and equity markets. However, organized wealth management penetration remains low, creating opportunities for expansion. Younger generations are shifting towards modern investments, and growth is expected in lower-tier cities and among the mass affluent.
The Economic Times 'Will do what's best for economy,' says newly appointed RBI Governor Sanjay Malhotra
Sanjay Malhotra, the newly appointed 26th RBI governor, stated on Tuesday that his focus will be on the best interests of the economy. Taking charge on Wednesday, Malhotra acknowledged the newness of the role and his commitment to understanding all perspectives.
The Economic Times 73,151 startups in India now have at least one woman Director: Centre
Nearly 73,151 startups in India now have at least one woman Director -- nearly half of the 1,52,139 startups supported by the government, thus showcasing the crucial role women play in driving innovation and economic growth, a government statement said on Tuesday.
