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The Economic Times
The Economic Times Office space transactions mark a record in Q3 2024 highest since Q1 2018: Knight Frank
This represents an 18 per cent year-on-year (YoY) increase from 16.1 mn sq ft in Q3 2023. The report highlights a strong year-to-date performance, with 53.7 mn sq ft of leasing recorded in the first nine months of 2024--27 per cent higher than the same period last year.
The Economic Times PwC India ties up with Meta for GenAI solutions
The collaboration aims to drive the widespread use of Generative AI (GenAI) in both enterprise and public services, positioning India as a leader in digital innovation.
The Economic Times India Inc pros seeks more guidance, upskilling opportunities
A LinkedIn report highlights that 90% of Indian professionals are seeking more support in evolving workplaces. The biggest opportunity lies in integrating AI, with 62% believing it's crucial for career growth. Video formats, particularly short-form and long-form video courses, are favored for continuous learning.
The Economic Times India Inc to offer 9.5% salary hike in FY25, projects survey
India is expected to see an average salary increase of 9.5% in 2024-25, slightly up from 9.3% in 2024. The engineering and manufacturing, retail, and financial sectors are leading with projected increases of 10% and 9.9%. The survey analyzed data from 1,176 companies across over 40 industries.
The Economic Times There will be no change in policy on multi-brand retailing: Piyush Goyal in US
Union Minister Piyush Goyal emphasized that India will not permit multi-brand retail, as it would harm local mom-and-pop stores. He underscored India's openness to other economic reforms, allowing full foreign ownership in sectors like defense and space, with some safeguards to prevent money laundering.
The Economic Times Indian economy amid the Israel-Iran war
Iran, as a key OPEC member and a major player in the global oil market, holds substantial sway over oil prices. The deepening Israel-Iran conflict is set to heighten geopolitical tensions, further unsettling economies worldwide, including India.
The Economic Times NFRA circular warns against selective application of audit standards
The circular asks auditors to follow both the Standard on Auditing (SA) 600 and the Companies Act 2013 in letter and spirit, on top of other relevant norms, and act accordingly.
The Economic Times NFRA emphasises statutory auditors' obligations in group audits amid audit failures
NFRA said it has observed gross negligence and audit failure in audits of group financial statements.
The Economic Times AI helping companies make more money, adding up to 20% to profits: report
Generative AI is the prime mover of the current wave of technological change and companies leveraging on AI can make remarkable profits up to 20%.
The Economic Times Iran-Israel conflict may work in favour of Indian diamond exporters, says Vipul Shah, chairman Gem & Jewellery Export Promotion Council
The ongoing Iran-Israel conflict is expected to benefit India's exports of cut and polished diamonds due to a decrease in Israeli shipments. However, rising oil prices may harm the global economy, potentially affecting demand. India's diamond exports were down 20% in the initial months of fiscal 2025.
The Economic Times GIFT Nifty down 105 points; here's the trading setup for today's session
Immediate support is seen at 25,000, followed by 24,750, while 25,500 is expected to act as the immediate resistance. Traders should closely monitor these key levels, as a break below support could trigger further downside, while resistance at 25,500 may cap any short-term recovery attempts, said Hardik Matalia of Choice Broking.
The Economic Times We must make the law on fiscal targets more biting, says ex-RBI governor C Rangarajan
C Rangarajan emphasizes the need for stricter fiscal laws to manage deficits and debt, and highlights the importance of boosting investments and improving capital efficiency. He advocates for higher infrastructure investments and better banking practices to support India's economic growth beyond the middle-income threshold.
The Economic Times View: India won’t grow without taking on the world
Indian manufacturing has seen slow growth under Modi's 'Make in India' policy. The focus on reducing imports rather than boosting exports has led to stagnation. Export-driven sectors like mobile phones thrive, but others lag due to protectionist measures. The government needs to shift priorities to enhance productivity and global competitiveness through better logistics and public-private cooperation.
The Economic Times GST Rate Cut: Tax on several mass-use products may be reduced
A ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance may also see lower rates. The panel, led by Bihar deputy CM Samrat Chaudhary, will finalize these decisions soon. Revenue implications and the number of slabs are key considerations.
The Economic Times India Inc’s IPO fundraising almost doubles, QIPs triple in H1 of FY25, says Prime Database
According to Prime Database, in total, Indian companies raised Rs 1,56,947 crore through equity markets in H1 FY25, more than double the amount raised in the same period last year. Despite a decline in public bonds and InvITs/REITs.
