The Economic Times
The Economic Times MeitY releases draft rules for DPDP Act; seeks comments from stakeholders
The government has released the draft executive rules under the Digital Personal Data Protection Act and is seeking stakeholder comments by February 18. The rules require data fiduciaries to obtain verifiable parental consent before processing children's personal data and conduct annual Data Protection Impact Assessments.
The Economic Times Govt amends FTP to make stakeholder consultation mandatory for inclusive decision-making process
The Directorate General of Foreign Trade (DGFT) mandates stakeholder consultations for drafting Foreign Trade Policy to ensure inclusive participation. Amendments reflect the commitment to ease of doing business, but the government reserves final decision-making power to handle conflicting opinions.
The Economic Times Zepto plans IPO filing by March-April; Singapore nod in for moving domicile
Zepto is preparing to file for an IPO by March-April 2025 and has received approval to move its holding entity from Singapore to India. The company is also finalising independent directors and deliberating on IPO size and bankers. It aims to become the first independent quick commerce firm to go public amid scrutiny over local FDI compliance.
The Economic Times US cases against Adanis to be heard by a single judge
Civil and criminal cases against Gautam Adani, Sagar Adani, and others have been assigned to a single judge in the US court over allegations of bribery and securities fraud. The cases will be heard separately. Adani Green Energy previously denied violations of the US Foreign Corrupt Practices Act.
The Economic Times Budget 2025: ICAI seeks special tax regime for firms, simplifies charitable trust taxation, and reduced compliance burden in Income-Tax overhaul
Ahead of Budget 2025, the ICAI has submitted crucial proposals to Finance Minister Nirmala Sitharaman, suggesting a special tax regime for firms, simplified charitable trust taxation, and reduced litigation and compliance burdens.
The Economic Times Driving Profitable Growth in Challenging Times: A CFO's Perspective
Pawan Agrawal, CFO of Marico Limited, explores the evolving role of CFOs in today's dynamic business landscape, highlighting how financial leadership drives innovation, resilience, and organizational transformation.
The Economic Times India's NSE leads China with most number of IPOs in Asia, beats US in capital raised
NSE witnessed the highest number of IPOs in Asia in 2024, with 268 IPOs raising over Rs 1.6 lakh crore. This surpasses other major exchanges like Japan, Hong Kong, and Shanghai. NSE also facilitated the highest equity capital raised globally through IPOs in 2024.
The Economic Times DFS Secretary launches revamped 'BAANKNET' portal for e-auction of properties as one-stop destination
Financial Services Secretary M Nagaraju launches revamped 'Baanknet' portal for e-auctions. The platform consolidates assets from PSBs, simplifying property discovery for buyers and investors. It features enhanced user experiences, integrated payment systems, and training for effective use, aiding PSB recovery and economic improvement.
The Economic Times New RBI rule: Getting multiple personal loans set to get tougher
Retail borrowers will be less likely to over-leverage loans in the new year. Lenders must now update credit bureau records every 15 days instead of one month. This allows lenders to better assess borrower risk and prevent multiple loans. Sharper and more reliable data improves decision-making and fosters a healthier lending ecosystem.
The Economic Times GDP growth in Q3FY25 at 5.5-5.7%, short of RBI’s 6.3% forecast: Motilal Oswal
Motilal Oswal's report highlights divergent economic indicators for India in late 2024, with modest real GDP growth, strong industrial sector performance, and declining fiscal spending. Weaker consumption and external trade contributed to an uneven growth trajectory, while investment and certain credit measures showed resilience.
The Economic Times RBI may reduce policy rates by 50 basis points in the first half of 2025: Jefferies
The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points (bps) in the first half of 2025, says a report by Jefferies.
The Economic Times BSE approves Balaji Telefilms' merger scheme, NCLT filing awaits NSE approval
Balaji Telefilms Limited received an Observation Letter from BSE on January 2, 2025, with no adverse observations which greenlights submission of its Scheme of Arrangement to NCLT for approval. This involves Alt Digital Media Entertainment, Marinating Films, and Balaji Telefilms under Companies Act, 2013 provisions.
The Economic Times GCCs now contribute 28% of office space leasing
In 2024, global capacity centers leased 24.9 million sq ft, tripling from 2022. India saw a record 89 million square feet of gross leasing volume, driven by IT-BPM, engineering, manufacturing, BFSI, and flexible sectors. Despite high demand, Grade-A office supply struggled to keep up. A recovery in supply is expected in 2025.
The Economic Times India's PLI schemes to boost revenue of 720 companies by USD 459 billion over next 5 years: Goldman Sachs
India's PLI schemes could generate USD 459 billion in revenue over 5-6 years, enhancing manufacturing, reducing imports, and boosting exports across 720 companies in various sectors, including energy, automobiles, solar, electronics, and pharmaceuticals. The government is refining allocations to address uneven growth.
The Economic Times DPIIT Inks MoU With Startup Policy Forum (SPF) to Boost Country's Startup Ecosystem: Move Aimed at Establishing India as a Global Innovation Hub
New Delhi [India], The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has entered into a landmark partnership with the Startup Policy Forum (SPF), a premier industry organization representing India's leading new-age companies. This strategic collaboration aims to establish India as a global hub for innovation and entrepreneurship.