The Economic Times
The Economic Times ICAI launches GPT-driven platform having annual reports of 5,000 listed cos for members
"The reports, covering a wide spectrum of industries, are now seamlessly integrated into over 70 GPTs (Generative Pre-trained Transformers) across various industries, empowering professionals to perform complex financial analysis with a single click," the Institute of Chartered Accountants of India (ICAI) said.
The Economic Times GoM report on GST on health insurance to be placed before Council when received: Finance Ministry
After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. Accordingly, a GoM was constituted under the Chairmanship of Samrat Chaudhary, Deputy Chief Minister of Bihar.
The Economic Times Adani’s legal troubles may worsen with risk of investor lawsuits
Indian billionaire Gautam Adani faces US criminal charges and SEC action for alleged bribery, triggering potential investor lawsuits and investigations in India. While criminal proceedings hinge on extradition, civil penalties, director bans, and market restrictions are possible. Although a new US administration could dismiss charges, the severity of the allegations makes such a move unlikely.
The Economic Times Earnings pressure in Q2FY25 reflects slowing growth across sectors
Despite the Q2 slowdown, a recovery is anticipated in H2FY25 with the government capital expenditure, robust festive demand, and stabilizing commodity prices are expected to support earnings growth.
The Economic Times Listed corporate capex crosses Rs 10 lakh crore mark, signals discretionary spending surge
This rising trend in corporate capex mirrors the 2001-04 phase, which preceded a period of exponential growth.
The Economic Times Dharmaj Crop Guard CFO Vinay Joshi resigns, Vikas Mohanlal Agarwal takes over
Given Joshi's departure, Dharmaj Crop Guard has announced the appointment of Vikas Mohanlal Agarwal as its Chief Financial Officer, effective November 26, 2024.
The Economic Times Bata India appoints Durgesh Singh as CFO
Durgesh Singh has been with Bata India's finance team for the past nine years, contributing to the company's financial strategy. This move follows the resignation of the previous CFO, Anil Somani, who stepped down in August to explore new career opportunities.
The Economic Times NFRA recommends 40 Auditing Standards for LLPs to Central Government
New Auditing Standards for LLPs set to come into effect from April 2026
The Economic Times Hyderabad's Gen AI plan needs a reboot to catch start-up bug
Hyderabad lags behind other Indian cities in generative AI startups, with only 5% located there. Funding challenges, lack of innovation centers, and a risk-averse investment climate hinder growth. Local entrepreneurs struggle to secure funding and find talent, despite estimates suggesting a higher number of startups than reported.
The Economic Times Need to link co-op movement with circular economy: PM Modi
Prime Minister Modi emphasized the importance of linking cooperatives to the circular economy and promoting global collaboration at the ICA Global Cooperative Conference 2024. He highlighted India's focus on strengthening the cooperative sector, its role in various sectors, and the government's efforts to make cooperatives multipurpose and climate-resilient.
The Economic Times MakeMyTrip unveils multi-currency payment options for users
MakeMyTrip introduces multi-currency payment options for flights and hotels, simplifying bookings for international travelers and the Indian diaspora. The platform now supports payments in over 19 global currencies, enhancing accessibility for inbound travelers and expanding its reach to more than 150 countries through GDPR compliance.
The Economic Times Maruti Suzuki India's cumulative exports of cars touch 3 million units
Maruti Suzuki India Ltd (MSIL), India's leading car maker, has achieved the milestone of having completed the export of 3 million vehicles.
The Economic Times One Card to raise Rs 240 crore from Better Tomorrow Ventures, Peak XV Partners and Z47
The round will see the Pune-based fintech get valued at around $1.1 billion, slightly lower than its 2022 valuation of $1.4 billion. Till date, One Card has raised $234 million from multiple large investors with Z47, Peak XV Partners and QED Investors having significant shareholding in the company.
The Economic Times GoM report on GST on health insurance to be placed before Council when received: Finance Ministry
After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. Accordingly, a GoM was constituted under the Chairmanship of Samrat Chaudhary, Deputy Chief Minister of Bihar.
The Economic Times Finance ministry flags export challenges over softening demand in developed countries
India's export recovery may encounter challenges due to softening demand in developed markets, the Ministry of Finance in its monthly report said on Monday.