CNN 
Google News 
ESPN 
The Times of India 
BBC News 
ESPN Cricinfo 
Dainik Bhaskar 
The Hindu 
NDTV 
Indian Express 
IBN - News 18
The Economic Times
The Economic Times India’s slowing consumer demand fuels calls for rate cuts
The Reserve Bank of India has kept interest rates unchanged for more than 18 months, with Governor Shaktikanta Das saying last week that food prices remain a worry and would keep inflation above its 4% target. While data Monday showed inflation dipped below that level in July, that was largely due to statistical reasons, and unlikely to prompt the RBI to ease.
The Economic Times Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists
Despite consumer inflation dipping below the 4% target for the first time in five years, the Reserve Bank of India (RBI) is unlikely to soften interest rates this fiscal year. Economists attribute the drop to a base effect and caution that it may not signify a lasting trend against persistent inflation. Central bank Governor Shaktikanta Das emphasized that future rate decisions will be influenced by food price movements and ongoing inflation pressures. The RBI has revised its inflation forecasts upward for the current and next quarter, projecting 4.4% and 4.7% respectively.
The Economic Times 54th GST Council meeting to be held on September 9
The 54th GST Council meeting will be held on September 9, 2024. Meanwhile, July GST collections rose 10.3% to over Rs 1.82 lakh crore, the third-highest since the GST's inception. Net collections, after refunds of Rs 16,283 crore, reached over Rs 1.66 lakh crore, marking a 14.4% increase.
The Economic Times Hindenburg allegations: Will Madhabi Puri Buch get a clean chit like former SEBI chairman C B Bhave?
In 2011, the chairperson of SEBI was embroiled in controversy over his alleged involvement in the NSDL IPO Scam. Hindenburg Research has accused the current SEBI chairman in the Adani case. Issues and situations are different but the allegations over the conflict of interests are the same. Here is what happened then?
The Economic Times Waaree Renewable targets Rs 2,600 crore revenue for FY25, driven by supportive govt policies and corporate energy shifts, says CFO
Dilip Panjwani, CFO of Waaree Renewable Technologies, highlighted the company’s doubling turnover and the broader impact of government policies on renewable energy.
The Economic Times Vaibhav Joshi joins Globe Teleservices as Group CFO
Globe Teleservices, a Singapore-based telecom conglomerate, has appointed Vaibhav Joshi as its Group Chief Financial Officer, effective August 1, 2024. Joshi brings over 22 years of industry experience across sectors such as Retail, Telecom, IT, and Healthcare.
The Economic Times Taxpayers getting faster refunds this year? FM says ITR processing time reduced to 10 days from 93 days
Income tax refund: You can expect faster tax refund this year, however not everybody will benefit from this. Cetain complicated income tax return (ITR) forms like ITR-3 and even ITR-2 takes time to process. However experts say when compared to earlier times, the ITR processing times have indeed come down.
The Economic Times MSCI ignores Hindenburg to remove freeze on Adani stocks from coverage list
MSCI stated it will lift the freeze on Adani stocks from the August 2024 Index Review. This will involve updates in the Number of Shares, Foreign Inclusion Factor, and Domestic Inclusion Factor for the Adani Group. Regular corporate event implementations will commence on September 2, 2024. MSCI continues to monitor Adani Group and associated securities.
The Economic Times India has potential to become $ 55 trillion economy by 2047, says IMF Executive Director Subramanian
Krishnamurthy V Subramanian of the IMF stated that Hyderabad, India could potentially become a USD 55 trillion economy by 2047. During his book launch at Indian School of Business, he highlighted that with 8% growth and solid government policies, India could achieve this by leveraging financial inclusion and infrastructure investments.
The Economic Times Time ripe for next round of big reforms to attract manufacturers: Experts
Some experts suggested steps include creating world-class, export-oriented industrial hubs (where India is a laggard), ringing in favourable tax treaties with the country's top trading partners, bolstering logistics infrastructure (including connectivity with ports), encouraging sector-specific skill development, targeting high-volume local production of capital goods and investing in smart manufacturing facilities.
The Economic Times Reliance Retail gets about Rs 15,000 cr from parent to expand presence
Reliance Industries has invested approximately ₹14,839 crore into Reliance Retail as debt over the last fiscal year, marking the largest financial support in a decade. This investment supports Reliance Retail's expansion into smaller towns and new store formats, with a total of ₹19,170 crore invested, including ₹4,330 crore in equity. The company has also accelerated the repayment of bank loans, possibly in preparation for a future IPO, though no formal announcement has been made. Reliance Retail’s overall debt has risen to ₹81,060 crore, reflecting the significant funding from its parent company.
The Economic Times Outward remittances exceeding ₹6 lakh come under I-T scanner
The move will help the government to identify cases where the remittance was sent but was not reported by the taxpayer in their filling, the official said. "The whole exercise will curb tax evasion and ensure that legitimate remittances are facilitated while preventing abuse of relaxations in foreign remittance reporting," the official added.
The Economic Times Factory output growth at 5-month low in June
Data released by the Ministry of Statistics and Programme Implementation showed that the growth of manufacturing, which comprises two-thirds of the index, almost halved to a seven month low of 2.6% in June from 5% in May. Electricity and mining grew 8.6% and 10.3% on-year, respectively in June.
The Economic Times Nothing more for govt to add: DEA Secretary on Hindenburg report on Sebi Chief
The Finance Ministry on Monday said it has nothing more to add to the statements given by the Securities and Exchange Board of India and its chairperson Madhabi Puri Buch regarding Hindenburg's latest report
The Economic Times Congress seeks Sebi chief's ouster, CBI probe into Adanis
Congress demanded the resignation of Sebi chairperson Madhabi Buch and urged the Supreme Court to transfer the Adani probe to CBI or a special investigation team. The party reiterated its call for a Joint Parliamentary Committee (JPC) to investigate the scam and threatened a nationwide protest if the demand was not met.
