The Economic Times The Economic Times

The Economic Times SEBI grants LIC three more years to achieve 10% public shareholding

The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC) to achieve 10 per cent public shareholding, the insurance company informed stock exchanges on Wednesday.

The Economic Times FAIFA demands withdrawal of 35% GST on tobacco

The Federation of All India Farmer Associations (FAIFA) projects 5.5% CAGR for Indian agriculture, reaching Rs 42 lakh crore by 2030. However, they oppose the proposed 35% GST on tobacco and aerated beverages, citing adverse impacts on farmers. FAIFA celebrated Kisan Divas, awarding farmers for outstanding contributions, and released their agricultural outlook emphasizing digitization and increased irrigation.

The Economic Times Hindustan Unilever faces ₹44.87 lakh GST demand order

Hindustan Unilever faces a ₹44.87 lakh GST credit disallowance and an equal penalty from the Patna tax authority. The company plans to challenge the order, issued under the CGST and IGST Acts, in an appellate forum, according to a regulatory filing.

The Economic Times GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cards

The GST Council is set to discuss several changes, including reducing tax on life and health insurance premiums, food delivery platforms, and aviation turbine fuel. It may raise taxes on luxury goods like wristwatches, shoes, and apparel, and introduce a 35% tax for sin goods.

The Economic Times Tolins Tyre appoints Sojan C S as CFO

Sojan’s appointment follows the resignation of Ravi Sharma, who stepped down as CFO and Key Managerial Personnel of the company.

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.

AD
AD