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The Economic Times
The Economic Times Indian stocks continue to register losses; Sensex slips over 500 points
Stock indices settled substantially lower Thursday, with foreign portfolio investors (FPIs) continuing to offload their assets in India lately, coupled with lower-than-expected July-September earnings of India Inc.
The Economic Times India-Saudi Arabia strengthen trade ties at 2nd ministerial meeting of economy and investment committee
Union Minister Piyush Goyal and Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman Al Saud, co-chaired the second Ministerial Meeting of the Economy and Investment Committee under the Saudi-India Strategic Partnership Council (SPC).
The Economic Times Are India's consumption hiccups signalling stress?
India's urban middle class is cutting back on spending due to inflation and unemployment, revealing weakness in urban demand for the second consecutive quarter. Major companies like Hindustan Unilever and Reliance's retail unit have reported softer consumption, impacting their earnings and the broader economic outlook.
The Economic Times Payments firms slash cashbacks, incentives on funding drought
Consumer payment companies like PhonePe, Paytm, Amazon Pay, and Cred have significantly reduced their marketing expenditures and customer incentives, reflecting a maturing digital payments market in India. This trend indicates a shift from aggressive customer acquisition strategies to a more sustainable approach focused on profitability.
The Economic Times Silver lining amid funding winter: IT firms acquiring Indian startups, smaller firms
Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretionary spends, returns, say analysts.
