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The Economic Times Job creation gathers further momentum in 2024-25

While a massive 4.67 crore additional jobs were created in the Indian economy in the financial year ended March 2024, the fast pace of employment generation has continued into 2024-25 in both the formal and informal sectors, official data shows.

The Economic Times High interest rates, declining export finance impacting exporters' competitiveness: CII's Budhia

Budhia suggested the government extend the interest equalisation scheme, which ended on December 31, 2024, for three years for all manufacturing exporters, including MSMEs (micro, small and medium enterprises).

The Economic Times Sitharaman meets financial-capital market stakeholders ahead of Budget 2025

Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations.

The Economic Times Mukesh Ambani said to be finalising mammoth Rs 40,000 crore IPO of Reliance Jio: Report

Billionaire Mukesh Ambani is preparing for Reliance Jio’s IPO, expected to raise Rs 35,000-40,000 crore, marking one of the largest IPOs in Indian history. Valued at $120 billion, the IPO is set for the second half of 2025. It will include both existing and new shares, along with a pre-IPO placement for select investors. Official confirmation is pending.

The Economic Times Ambuja Cements-Adani merger receives no objection letter from stock exchanges

Ambuja Cements Ltd has received an observation letter with 'no objection' from the National Stock Exchange (NSE) and 'no adverse observations' from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd.

The Economic Times Employment increases 36 pc to 64.33 cr in last ten years: Mansukh Mandaviya

Union Labour Minister Mansukh Mandaviya announced a 36 per cent increase in employment in India from 47.15 crore in 2014-15 to 64.33 crore in 2023-24. He stated that the Modi government created 17.19 crore jobs between 2014-24, while the UPA government only created 2.9 crore jobs between 2004-14. Employment in various sectors also saw significant growth.

The Economic Times SANY India expands manufacturing facility in Pune to boost production and localisation

The expanded facility has an annual production capacity of over 14,000 units and a fabrication capacity exceeding 100,000 metric tons per year.

The Economic Times Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump's inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25), according to a report on Thursday.

The Economic Times 2025 Forecast: What does 2025 hold for India's IT services sector?

Tech outlook for 2025: India's IT sector is set for growth in 2025 with increased tech spending and hiring. The sector is likely to benefit from rising artificial intelligence deals, software spending and a resurgence in hiring. India's IT exports are projected to rise, driven by a recovery in the US market, despite some uncertainties around US policies.

The Economic Times Centre forms Panel led by Dr. Ramesh Chand to revise WPI Base Year

The Centre has set up an 18-member panel, chaired by Dr. Ramesh Chand of NITI Aayog, to revise the Wholesale Price Index (WPI) base year to 2022-23. The group will review the commodity basket and price collection system to align with economic changes, among other objectives.

The Economic Times Tech layoffs in 2024: The year that saw big tech job cuts surge

Amazon Web Services (AWS) also cut several hundred sales, marketing and tech roles.

The Economic Times How voluntary frameworks work for harnessing AI's potential while safeguarding societal well-being

Given the rapid evolution of AI, voluntary commitments provide an agile approach to governance, allowing stakeholders to swiftly adopt best practices while more formal regulations are developed. This fosters trust among consumers, businesses, and governments by demonstrating a commitment to ethical AI practices.

The Economic Times Looking back at AI in 2024 and the way forward: CXO speak

Artificial Intelligence (AI) is no longer a futuristic concept but a transformative force reshaping industries and influencing our lives directly or indirectly. Across sectors, businesses are embracing AI not only to enhance customer experiences and streamline operations but also to ease employee workloads and promote better work-life balance. Industry leaders share insights on how AI impacted their domains in the year 2024

The Economic Times Global steel sector struggling to generate profits, demand increasing in India: Tata Steel CEO

Narendran expressed concern over China's unfair competition, urging the Indian government to take steps to safeguard domestic industries. Despite these challenges, he assured that Tata Steel is well-positioned and profitable in India due to its competitiveness and the growing demand for steel.

The Economic Times Can Budget 2025 address India's unemployment woes?

India’s economic growth faces a major challenge with rising joblessness, threatening the nation's demographic dividend. Economists urge the government to focus on labor-intensive industries, vocational training, and MSME support in the upcoming budget to create jobs and sustain growth.

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