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The Economic Times India gears up for a potential trade deal as Trump targets China, say government sources

To tackle Trump's threat of a "reciprocal tax" on Indian goods for high tariffs, some officials of the Indian commerce ministry are ready to consider cuts on certain products such as pork, a senior government source said. Currently India slaps about a 45% import tariff on pork, which is mostly supplied by the US.

The Economic Times Former Standard Chartered CFO Gaurav Maheshwari joins InCred Finance

InCred Finance, the consumer and MSME lending arm of the InCred Group, has announced the appointment of Gaurav Maheshwari as Chief Financial Officer (CFO), succeeding Vivek Bansal.

The Economic Times Former Standard Chartered CFO Gaurav Maheshwari joins InCred Finance

InCred Finance, the consumer and MSME lending arm of the InCred Group, has announced the appointment of Gaurav Maheshwari as Chief Financial Officer (CFO), succeeding Vivek Bansal.

The Economic Times What is the 'Four Balance Sheet Challenge,' and is India still struggling with it?

India's economy, once burdened by a "Four Balance Sheet Challenge" involving banks, infrastructure companies, NBFCs, and real estate firms, has seen a remarkable turnaround. The initial "Twin Balance Sheet Problem" stemming from stressed bank loans and struggling infrastructure projects expanded to include the NBFC and real estate sectors.

The Economic Times India to spend USD 8 trillion on investments in next five years: Motilal Oswal

India is poised to spend a massive USD 8 trillion on investments over the next five years, says a report by Motilal Oswal.

The Economic Times What is going to move the Indian market in 2025? Mayuresh Joshi explains

India may see a small rate cut in February as food prices fall. Global markets dipped after the US Federal Reserve cut rates but hinted at fewer cuts ahead. This impacts Indian markets. Experts are watching how company earnings and global events unfold. Government spending and private investment are key to India's economic growth. Market stability depends on these factors.

The Economic Times Crystal gazing finance in 2025

This year was dominated by elections. In the New Year, we will see the impact of elections. Elections, even won in thumping majority, have their own impact. Look at Maharashtra, it has taken so long to allocate the ministries, and yet discontent lingers. I pored through more than a dozen reports on 2025 outlook in the last few days, and broadly there are a few themes that I came across.

The Economic Times Crystal gazing finance in 2025

This year was dominated by elections. In the New Year, we will see the impact of elections. Elections, even won in thumping majority, have their own impact. Look at Maharashtra, it has taken so long to allocate the ministries, and yet discontent lingers. I pored through more than a dozen reports on 2025 outlook in the last few days, and broadly there are a few themes that I came across.

The Economic Times Cos binge on costly dollar loans, NBFCs lead chart

Indian companies ramped up overseas borrowings in 2024, exceeding $32 billion by October, surpassing the total for 2023. Non-bank finance companies led the charge, borrowing over $16 billion, primarily for on-lending. High US interest rates didn't deter borrowing, with many companies prioritizing access to larger loan sizes and managing rupee exposure.

The Economic Times Indian EV market may hit Rs 20 lakh crore by 2030, create 5 crore Jobs: Nitin Gadkari

India's electric vehicle sector is set for massive growth. The market is projected to reach ₹20 lakh crore by 2030. This growth could generate 5 crore jobs. The EV financing market is estimated to reach ₹4 lakh crore. Minister Nitin Gadkari urged manufacturers to increase production. He highlighted the need to reduce reliance on fossil fuel imports.

The Economic Times Centre proposes bill to ban unregulated lending

The government drafted a bill to combat illegal lending. The bill proposes a 10-year jail term and a ₹1 crore penalty for violators. An online database of approved lenders will be created. The database will help identify illegal lenders. The move follows action against several digital loan apps. The government aims to curb predatory lending practices.

The Economic Times India's lavish weddings under taxman’s scrutiny: IT department investigates Rs 7,500 crore of unaccounted cash

The Income Tax Department is investigating around 20 wedding planners in Jaipur for suspected tax evasion of approximately ₹7500 crore. The investigation focuses on cash transactions and the use of mule accounts and fake bills. Scrutiny may extend to foreign destination weddings and associated foreign exchange regulations.

The Economic Times Gautam Adani hikes stake in two group companies

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses. The promoter group has also increased stake in Adani Ports and Special Economic Zone Ltd.

The Economic Times SECI defends transfer of 2,333 mw power project from Azure to Adani

SECI defended the transfer of a 2,333 MW solar power project from Azure to Adani Group before the CERC. They stated the transfer met Andhra Pradesh's power needs and maintained the original contract terms, staying within the approved bidding process and tariff. Azure's non-implementation prompted the transfer to ensure Andhra Pradesh received its intended 7,000 MW.

The Economic Times Laxmi India Finance files DRHP with Sebi for IPO

Laxmi India Finance, a Jaipur-based non-banking financial firm, has filed its DRHP with SEBI for an IPO. The IPO comprises a fresh issue and an OFS. The company primarily focuses on MSME and vehicle loans.

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