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The Economic Times Consumer Commission imposes ₹15 lakh on Emami for unfair trade practices
A Delhi consumer court penalized Emami Limited ₹15 lacs for unfair trade practices related to product packaging and advertising. Emami delayed reporting this penalty to the stock exchange. The company initially felt the disclosure wasn't necessary. Emami later stated the delay was due to an initial assessment and they are appealing the order.
The Economic Times RBI may face tougher path in Feb rate cut as Fed reshaped global monetary policy expectations: Report
RBI faces a tougher decision on cutting interest rates in February due to a shift in the U.S. Federal Reserve's stance. The Fed's hawkish pause, stronger dollar, and higher U.S. bond yields create challenges for emerging markets like India. While domestic factors favour a rate cut, global pressures complicate the RBI's decision-making process.
The Economic Times Inflation to weigh heavier on households; grocery, consumer goods will soon be 5-20% costlier
Brace yourselves for higher grocery bills. FMCG companies are hiking prices on everyday essentials. Tea, edible oil, soap, and more will cost 5-20% more. Companies blame rising commodity costs and import duties. This marks the biggest price jump in a year. Analysts worry about the impact on consumer demand.
The Economic Times Startups have potential to contribute $120 billion to India's GDP by 2030
Startups will be a core driver of India's economic growth this 'Techade,' likely to contribute nearly $120 billion (or 1.6 per cent) to the country's GDP by 2030, which will be nearly 3.5 times jump from $35 billion in 2023, according to a new report.
The Economic Times How to build a transparent, efficient recycling ecosystem in India to meet global sustainability standards?
As a foundational measure, integrating blockchain technology will allow the tracking of waste from its origin to the recycler, ensuring accountability for all parties involved.
The Economic Times How is the economy really doing? India’s 63 million small businesses may have the answer
India's second-quarter GDP figures came as a surprise to many. However, this confirms the concerns of many small businesses who have been reporting slowing growth and increasing difficulties for months.
The Economic Times SEBI board meeting highlights: Stricter SME IPO rules, ESG reporting relaxations, AI regulations, and more
In its 208th board meeting, SEBI approved key reforms across multiple sectors, aiming to enhance market transparency, protect investor interests, and ease business regulations. Here are the top 5 highlights for India Inc. and CFOs.
The Economic Times Sensex tanks over 1,000 pts ahead of Fed rate decision
During Tuesday's session foreign funds lost stocks worth Rs 6,410 crore while domestic funds were net buyers at Rs 2,706 crore, BSE data showed. Among the sensex stocks, HDFC Bank, Reliance Industries and Bharti Airtel contributed the most to the sensex's fall.
The Economic Times Inflation risks roughly balanced as rate cuts signal caution: Fed Chair Jerome Powell
US Federal Reserve Chair Jerome Powell highlighted a cautious outlook after the central bank cut key interest rates by 0.25% to 4.25% to 4.5%. Inflation has eased but remains slightly elevated, with projections of 2.4% for this year and 2.5% for 2025. Powell noted that inflationary pressures are now roughly balanced.
The Economic Times US Federal Reserve cuts key interest rates by 0.25%
The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as President. Trump has proposed economic changes, including tariff increases. The Fed has been raising rates to combat inflation.
The Economic Times Rate rationalization on insurance part of agenda for next GST Council meeting: Sources
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.
The Economic Times 'Govt expects to recover 6k cr GST dues under amnesty plan'
"The scheme will be in force till March 31, 2025, for the recovery of the outstanding Rs 54,000 crore, including Rs 27,000 crore towards the disputed tax and the rest in penalty and accumulated interest," Pawar said in the legislative assembly.
The Economic Times GST authorities, e-gaming companies in race against time
The Indian online gaming industry faces a critical deadline as tax authorities prepare to finalize demands based on show-cause notices. The Supreme Court is hearing a case challenging the 28% GST levied on betting amounts, with the industry arguing it should apply only to platform fees.
The Economic Times Deep-tech startups must explore alternative funding options, says VC report
Indian deep tech startups have seen a 5.3 times increase in average seed check size over the past eight years, fueled by government initiatives and VC confidence. However, alternative funding is crucial to navigate initial challenges. While the sector is nascent, fostering exits is vital for building investor trust and driving future growth.
The Economic Times CXO pay in India inches close to that of US peers
Indian CXO salaries are catching up to US counterparts. Multinationals and GCCs are giving higher pay and stock options. This rise is due to increased responsibilities and India's growing importance. The '2 in a box' model promotes collaboration. India's cost-effectiveness and skilled workforce contribute to this trend.
