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The Economic Times
The Economic Times Higher indebtedness and wealth effect have increased inequality: Report
The report says that higher indebtedness and wealth effect have increased inequality.
The Economic Times Outlook 2025: CFOs see compliance burden rising, seek clarity on ESG and tax laws
What do India Inc CFOs expect on the compliance front in 2025? Top finance executives share their concerns and key reforms they seek, citing need for simplified GST, clearer ESG standards, and digitised compliance processes to ease regulatory burdens and drive business efficiency.
The Economic Times India to continue as fastest-growing major economy globally: Report
India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again and consumer sentiment stays resilient, according to a Franklin Templeton report.
The Economic Times Budget 2025: Will India's robust GST kitty help Sitharaman stick to fiscal glide path?
Union Budget 2025: India’s GST collections are set for a strong finish this fiscal year, driven by rural economic resurgence and efforts against tax evasion. This revenue boost will help Finance Minister Sitharaman adhere to fiscal plans while focusing on capital expenditure. The upcoming Budget 2025 will balance economic growth with strategic expenditure, amidst global uncertainties.
The Economic Times Semiconductor sector to bring hope in 2025 and clear the roadmap for Viksit Bharat
As the demand for semiconductors surges globally, India's burgeoning semiconductor infrastructure is set to drive innovation, create jobs, and secure the country's position as a significant player in the global digital economy. Industry estimates place the Indian semiconductor market at approximately $38 billion in 2023-24, with projections indicating growth to $109 billion by 2030.
The Economic Times India optimistic about use of AI in everyday life: Bosch’s Tech compass survey
“Artificial intelligence is transforming the way we work. This year’s report emphasises on the accelerating need for AI skills at the workplace and how we can harness it for greater productivity and success,” said Guruprasad Mudlapur, president of the Bosch Group in India and managing director of Bosch Ltd.
The Economic Times India consumer inflation likely eased in December: Reuters poll
INDIA-ECONOMY-India consumer inflation likely eased in December:poll
The Economic Times Appliances industry seeks second round of PLI, rationalisation of taxes
"We, over a period of time, need to reduce the taxes. We need to reduce our tariffs so that really, our manufacturers can become competitive. We have a large base, and really we should be manufacturing for the world," said CEAMA President Sunil Vachani.
The Economic Times Policy support in upcoming budget could help India's growth recover to 7 pc in FY26: SBI MF Report
Government's policy support in the upcoming Union Budget 2025 could play a key role in boosting India's economic growth to approximately 7 per cent in FY26, from an expected 6.3 per cent in FY25, says a report by SBI Mutual Fund.
The Economic Times RBI likely to follow the path of shallow rate cut in Feb MPC meeting: Report
The Reserve Bank of India (RBI) may opt for shallow rate cuts in its upcoming Monetary Policy Committee (MPC) meeting in February 2025, says a report by Sharekhan, a capital markets company. This comes amidst a cautious global economic environment.
The Economic Times Adani Wilmar shares dive 9% as Adani Group plans to sell 20% stake via OFS
AWL Share Price: Adani Wilmar shares are in focus as Adani Commodities LLP plans to sell up to a 20% stake via an offer for sale (OFS) on January 10. Non-retail investors can bid first, with retail investors following if the oversubscription option is exercised. Shares are offered at a 15% discount to current market prices.
The Economic Times These cash transactions may attract up to 100% penalty by Income Tax Department
Penalty on cash transactions: Recently in a brochure the Income Tax Department has said that taxpayers should avoid using cash for their daily transactions as in certain specified cases penalty for an amount equal to the cash can be imposed. Moreover, the income tax department will disallow deductions if cash is used for transacting above a certain limit. Know the details.
The Economic Times Dunzo’s demise: How the Reliance-backed hyperlocal delivery startup unravelled
Dunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Biswas has joined Flipkart. Despite substantial investments and aggressive strategies, the company struggled with cash flow issues and mounting losses. Dunzo's rapid expansion and marketing expenses contributed to its downfall.
The Economic Times Aim to become no. 1 country in auto segment: Nitin Gadkari
Union minister Nitin Gadkari emphasized the remarkable growth of India's auto sector, which has now become the third largest globally, surpassing Japan. The sector, valued at Rs 22 lakh crore, significantly contributes to job creation and GST revenue. Gadkari aims to make it the world's largest auto industry.
The Economic Times Budget 2025: Tax cuts, sops on Pharma Inc's wish list
Pharmaceutical and hospital sector executives are requesting higher public healthcare spending, R&D incentives, and tax exemptions on life-saving drugs in the upcoming Union budget. They want more oncology drugs to be tax-exempt and lower customs duties on essential medical equipment. Executives also propose incentives for AI research and standardization of GST rates on medical devices.
