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The Economic Times
The Economic Times India's economic outlook for coming months 'cautiously optimistic': Finmin Report
India's economy shows promising signs. Agriculture is expected to perform well. Economic activity is picking up. Jobs are increasing. However, global economic slowdown and geopolitical tensions pose challenges. India's foreign exchange reserves have grown significantly. The future economic trajectory depends on global factors and US policy.
The Economic Times Majority 55% of Indian economy continues to grow positively: HSBC Global Research
Despite recent fluctuations in the Indian economy, a majority of sectors (55%) continue to show positive growth, according to an HSBC Global Research report. While consumer spending has slowed, government investments and a diversifying export basket are supporting growth. Agriculture is also poised for improvement following favorable weather conditions.
The Economic Times Demand for entry-level talent surges 59 pc in India's tech sector
Hiring in the Indian tech sector rebounded in the second quarter (Q2) this fiscal, with demand for entry-level talent making up 59 per cent of job listings, according to a report on Monday.
The Economic Times Fintech firm Lendingkart clocks 6 pc profit drop at Rs 175 crore in FY24
Fintech company Lendingkart has reported almost 6 per cent drop in profit after tax (PAT) at Rs 174.92 crore in FY24 from Rs 185.93 crore in FY23.
The Economic Times How RBI’s gold buying is helping shore up India’s foreign exchange reserves
The Reserve Bank of India has substantially increased its gold reserves, offsetting foreign investment outflows. This aligns with a global trend of central banks accumulating gold amidst geopolitical uncertainty. The RBI's gold purchases have contributed to a rise in overall foreign exchange reserves and are expected to continue.
The Economic Times Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years
Currently, the number of fiber technicians in India are estimated to be exceeding 5 lakh, following the rapid expansion of fiber optic networks to support 4G, 5G, and broadband initiatives across the country, he said.
The Economic Times iPhone production reaches $10 bn in India in April-Oct, creates 1.75 lakh direct jobs in 4 years
Riding on the government's production-linked incentive (PLI) scheme, Apple's iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday.
The Economic Times RBI's inflation 'horse' is at war but FinMin is not worried
In its monthly economic review, the Finance Ministry highlighted that geopolitical factors will continue to affect domestic inflation and supply chains, despite an expected moderation in the prices of key food items. The economic review said trends in early November indicated a moderation in key food prices, although geopolitical factors are likely to keep influencing domestic inflation and supply chains.
The Economic Times Generative AI funding in India soars 6x in Q2 FY25: report
Total funding grew 3.4 times year-on-year, boosted by investments in enterprise applications and agentic AI. The number of funding rounds grew three times, with early-stage investments accounting for 77% of all rounds, including angel and seed funding.
The Economic Times 46 % of India's workforce in agriculture contributes only 18 % to GDP: Report
Jobs in manufacturing and services are 3-6 times more productive than agricultural work, underscoring the sector's potential to transition the workforce into higher productivity roles.
The Economic Times S&P Global retains India 2024-25 GDP forecast, lowers for next two years
S&P Global Ratings on Monday retained India's GDP forecast for the current financial year 2024-25 at 6.8 per cent while cutting economic growth forecasts for the next two years.
The Economic Times Adani touts financial muscle, shows can grow without external debt
The Adani Group showcased its strong financial performance to investors. The company highlighted its growing profits and cash flow. It said that it has reduced its dependence on debt for growth. The group has invested significantly in recent months. It has enough cash to cover its debt obligations. The Adani Group's earnings and cash flow are stable.
The Economic Times Maharashtra Election Results: How paying women $18 won an election
India's ruling BJP party used cash handouts to women to secure a landslide victory in Maharashtra's state elections. This $18 monthly payment targeted underprivileged women, effectively swaying votes in a state marked by significant income inequality. The strategy's success raises concerns about the rising cost of elections and its impact on future political spending.
The Economic Times Global cement market to hit $592.38 bn by 2032, growing at 4.3% CAGR: Infomerics ratings
According to the World Cement Industry Outlook, global cement consumption is anticipated to rebound modestly, with growth expected to range between one per cent and two per cent.
The Economic Times $8 trillion of $14 trillion invested in India since 1947 came in last 10 years
India's economy has seen an unprecedented surge in economic activity with a staggering $8 trillion being invested in the last decade, which comprises more than half of the total $ 14 trillion invested in the country since Independence, according to a new report.
