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The Economic Times Global fund managers most bullish on equities in three years, 18% overweight on India: BofA survey

Cash levels among global fund managers have dropped to a three-year low of 4%, with allocations to stocks reaching the highest level since January 2022.

The Economic Times PE/VC firms queue up for investments in mid-sized consumer companies

These investments signal a potential shift in the competitive landscape, with these mid-sized brands poised to challenge larger players.

The Economic Times Not just auditors, Promoters and KMPs too need to be held responsible for frauds: Amarjit Chopra

Amarjit Chopra, former President of ICAI, emphasizes the critical need for accountability beyond auditors in corporate frauds. In an insightful interview with ETCFO, Chopra discusses the roles of promoters, CFOs, and directors, urging comprehensive reforms for enhanced corporate governance.

The Economic Times Need to rationalise MSME schemes for reach: DFS Secretary

Speaking at the CII Annual Business Summit 2024 on Friday, Joshi also noted that there is a need to address language issues of schemes to make them easier and more comprehensible.

The Economic Times Startup unicorns take to GenAI as older companies dither

A new study by consulting firm EY has found that innovation continued at a strong pace in 2024 but different organisations are at different stages of adoption when it comes to GenAI use cases

The Economic Times RBI urges ARCs to follow the regulations in letter & spirit

RBI deputy governors M Rajeshwar Rao and Swaminathan J gave keynote addresses in the conference, 'Governance in ARCs - Towards Effective Resolutions'. It was attended by senior-most RBI officials and 80 participants from the ARC sector.

The Economic Times Fusion MicroFinance to raise $25 mn from DFC

Fusion MicroFinance is raising $25 million from the US International Development Finance Corporation (DFC) for growth capital, following a $20 million loan facility. The micro loan lender has already received $20 million from DFC. Fusion, founded in 2010, has assets under management of Rs 11,476 crore.

The Economic Times India can become third largest economy by '27-28: Arvind Panagariya

"The growth in nominal dollar terms had been at about 10.2% during this period (2004-2024) and mind you that during this period we had to deal with the global financial crisis and then with Covid," Panagariya said, in his address at CII annual business summit.

The Economic Times ICAI disciplinary panel overlooks stay to pass order against 2 partners of PwC arms

Despite a Delhi High Court stay, the Institute of Chartered Accountants of India (ICAI) has published orders penalizing two PwC affiliate partners. PwC had obtained a stay against ICAI's disciplinary action, challenging fines and membership removal. The institute's move to upload the order on its website has sparked a legal battle. This follows a similar dispute with EY affiliates. The Big Four firms are contesting ICAI's disciplinary actions, demanding an appellate tribunal be established first.

The Economic Times EAM to India Inc: Use 'national security filter' in China deals

Foreign Minister S Jaishankar emphasizes the importance of Indian firms using a national security filter in dealings with China. Aligning economic priorities with strategic interests, including 'Make in India' initiatives, is crucial. He warns against the weaponisation of economic activity for political pressure.

The Economic Times GSTN rolls out special procedure for tobacco manufacturers to register machines with tax authorities

The GST Network (GSTN) has introduced an online facility for manufacturers of pan masala, gutkha, and similar tobacco products to register their machines with tax authorities. The Central Board of Indirect Taxes and Customs (CBIC) announced the new registration and monthly return filing procedure to improve GST compliance. The online facility allows manufacturers to submit machine-related information through Form GST SRM-I, and Form GST SRM-II (for return filing) will be available soon.

The Economic Times POLITICS, ELECTIONS, ECONOMY & BUSINESS: THE HEADY UNCERTAIN MIX

Robin Banerjee, a seasoned finance expert, delves into the pulse of India's monumental election process, dissecting its implications for businesses and the economy. Amidst projections and manifestos, he highlights crucial issues and predicts India's trajectory.

The Economic Times Rs 1.4 lakh-crore: The cost parties are paying to woo voters in the world's biggest election

In West Bengal though, it seems candidates across the board aren't ready to give up on the traditional campaign methods just yet with parties displaying an overt preference for a mix and match of tried-and-tested mass outreach methods with those of the digital age.

The Economic Times POSH case reporting confined to a fraction of India Inc cos: Study

A recent analysis of 300 NSE listed companies reveals a concerning trend in reporting sexual harassment complaints under the POSH Act. Despite a rise in complaints, many companies reported zero cases, indicating possible non-compliance. Larger companies, with more resources, tended to report more cases, but size alone couldn't explain the low reporting. The findings emphasize the need for better awareness and reporting mechanisms to address workplace harassment effectively.

The Economic Times Norway excludes Adani Ports, US and Chinese cos from pension fund

Norges Bank said on Wednesday that it excluded the company because of an unacceptable risk that the company contributes to serious violations of individuals' rights in situations of war or conflict. The other two companies blacklisted by Norges Bank include US-based L3Harris Technologies and China's Weichai Power.