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The Economic Times Fed would not wait for 2% inflation to consider rate cut: Powell

The US central bank will not want to wait for inflation to cool to its two percent target before considering a rate cut, Federal Reserve Chair Jerome Powell told lawmakers Wednesday. On Wednesday, Powell told lawmakers that he is not yet prepared to express confidence that inflation is moving sustainably down to two percent.

The Economic Times MSMEs key to making India a leading electronics manufacturing destination: MeitY Secy

The Micro, Small, and Medium Enterprises (MSME) sector can play a key role in making India a leading electronic manufacturing destination, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MEITy), said on Wednesday.

The Economic Times RBI job data matches with govt's: SBI Report

The latest SBI Research Ecowrap report highlights that the Reserve Bank of India's KLEMS data and the Annual Survey of Unincorporated Sector Enterprises (ASUSE) employment numbers from the government closely align. According to the report, the RBI's KLEMS data estimates India's total labour force at 597 million, whereas the ASUSE survey by MoSPI puts it at 568 million, indicating a negligible difference.

The Economic Times Why RBI should be concerned about climate change

Climatic factors are now increasingly playing an important role in influencing food and fuel inflation which tends to affect the overall inflation levels which is emerging as a big area of concern for monetary policy. ET explains how could climate change impact monetary policy.

The Economic Times SAT orders Religare to apply with Sebi for open offer by Burmans

Religare Enterprises directed by SAT to apply for Burman family's open offer to increase stake. Sebi's show cause notice stayed temporarily. Dispute arises over open offer price and 'fit and proper' allegations. Court battles and accusations of fraud escalate between Religare and the Burmans.

The Economic Times India Inc raises record $30 billon in 6 months, riding FPO wave

Indian companies have raised a record $29.5 billion in the equity market through IPOs & FPOs in the first half of 2024, more than double the amount raised last year. Follow-on public offers accounted for 85% of the total proceeds. Analysts anticipate a potential record year for equity issuances.

The Economic Times Help decriminalise laws, push EVs: Piyush Goyal to India Inc

​Addressing a Ficci meeting, the minister also said the initial signals from the Labour govt in the UK were very encouraging for a free trade agreement and the EFTA nations - Switzerland, Norway, Iceland and Liechtenstein - are upbeat about investments in India after recently signing a trade agreement with the country.

The Economic Times Chief HR officer roles in India Inc see highest churn

One in every 10 CXOs changed jobs in the year ending June, with certain roles experiencing higher turnover than others, according to an analysis by specialist staffing firm Xpheno. The study, based on 37,000 C-suite movements, found that the roles of chief human resources officer (CHRO) saw the highest churn at 20%, followed by chief sales officers (CSOs) at 18% and chief product officers (CPOs) at 15%.

The Economic Times Union Budget 2024: Startup investment climate needs capital gains tax relief, CFOs say

Startup CFOs anticipating the Union Budget 2024, are seeking expanded tax holidays, R&D incentives, and regulatory simplifications. Key demands include tax amnesty for pre-2014 dues, reduced TCS and TDS rates for e-commerce, and capital gains tax relief. They see these measures as essential to revitalising investment, fostering innovation, and driving job creation across India's thriving startup ecosystem.

The Economic Times Governance: The Pillar of Startup Success

In this insightful article, Sandip Khetan and Sagar Lakhani of Uniqus Consultech delve into the indispensable role of governance in fostering trust, transparency, and long-term success within India's dynamic startup ecosystem.

The Economic Times CFOs must embrace transparency, auditors discern regulatory intent: RBI DG Swaminathan

CFOs have the key levers of financial strength in one place, probably next only to the CEO while bank’s Statutory Auditors being most critical line of assurance for a Regulator, remarked RBI DG. At the RBI Conference, Swaminathan J underlines the role and expectations of CFOs and Auditors. Read here:

The Economic Times FSSAI cancels manufacturing licences of 111 spice producers across India

Food Standards Agency had issued alerts for ethylene oxide in Indian spices before January 2023. FSSAI confirmed the safety of popular brands MDH and Everest, with no presence of the chemical in tested samples, ensuring consumer confidence in these products.

The Economic Times Finance Commission sets up advisory panel

The 16th Finance Commission has set up a five-member advisory council comprising economists D K Srivastava, Neelkanth Mishra, Poonam Gupta, Pranjul Bhandari and Rahul Bajoria.

The Economic Times PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday.

The Economic Times ESG financing in India ahead of target, says DBS

DBS Bank's ESG finance book in India has surpassed its 60% growth target for 2024, ranking among the top three markets for the bank. With a significant increase in ESG financing, particularly in renewable energy, telecommunications, and agriculture, DBS aims to expand further. India's net profit for DBS India rose 37% to ₹228 crore in FY23.