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 may send tax notices to more IT majors after $4-bln demand to Infosys, source says
INFOSYS-TAX/India may send tax notices to more IT majors after $4-bln demand to Infosys, source says
The Economic Times India to become USD 55 trillion economy by 2047 if it grows at 8 pc annually: IMF Executive Director KV Subramanian
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
The Economic Times India’s July manufacturing PMI eases to 58.1, Selling Prices surge to 11-year high
Input costs climbed at one of the quickest rates in nearly two years, resulting in the steepest increase in selling prices since October 2013 and the fastest output price inflation in almost 11 years.
The Economic Times RBI proposes new ways to authenticate e-payments
The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors of authentication is dynamically created, after the initiation of payment, and is specific to the transaction and cannot be reused. The RBI has prescribed AFA for all digital transactions done using cards, prepaid instruments and mobile banking channels but no specific factor was mandated for authentication, thus the digital payments ecosystem has primarily adopted SMS-based OTP as AFA.
The Economic Times Government extends deadline for meeting MPS norms till Aug 2026
The government has extended the deadline for central public sector enterprises and public sector financial institutions to meet minimum public shareholding norms until August 2026. It provides exemption to increase public shareholding to at least 25 per cent, with CPSEs below 25 per cent getting an additional two years for compliance. Five public sector banks still need to meet the 25 per cent minimum public shareholding requirement.
The Economic Times India's April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aim
India's fiscal deficit for April to June, or the first three months of this fiscal year, was at 1.36 lakh crore rupees, equivalent to 8.1% of annual estimates, sharply narrowing from the previous year's 25.3%. The government aims to narrow the fiscal gap to 4.9% of GDP in this financial year from 5.6% a year earlier.
The Economic Times India can replicate China’s 2000-20 growth story, defence, shipping can aid rupee appreciation: Goyal
Commerce and Industry Minister Piyush Goyal highlighted India's potential for economic growth, suggesting that increased shipping, focus on electric mobility, and self-sufficiency in defense could lead to rupee appreciation. Speaking at an Assocham event, he drew parallels to China's growth from 2000-2020, aiming for a similar trajectory. Emphasizing infrastructure development, anti-corruption measures, and employment generation, Goyal predicted India could become a $5 trillion economy within 3-3.5 years and potentially a $55 trillion economy by 2047 with sustained growth and low inflation.
The Economic Times 'No frenzy in cement industry, structured expansion taking place'
Adani Cement, led by CEO Ajay Kapur, is expanding in a structured manner, targeting acquisitions below $80 per tonne. The integration of recently acquired Penna Cement is nearly complete. Adani Cement plans to achieve a production capacity of 140 million tonnes by 2028, while benefiting from the Penna acquisition this quarter.
The Economic Times Low inflation and currency can amplify GDP to $55 trillion by 2047: Krishnamurthy Subramanian
If you look at the fiscal deficit and inflation amidst a scenario where there have been twin crises - Covid followed by the Ukraine war - I think the macro fundamentals have looked very good when put against the previous global financial crisis. Firstly, it was only a demand-side shock and not a supply-side shock as Covid was and not immediately followed by another shock like the Ukraine war, says Krishnamurthy Subramanian.
The Economic Times AI firm Fractal eyes $400-500 million IPO at $3-billion valuation
The draft red herring prospectus is expected to be submitted to markets regulator Sebi by late September, they said.
The Economic Times Space tech startup GalaxEye raises $6.5 million in first round led by Mela Ventures, Speciale Invest
ideaForge, Rainmatter, Navam Capital, Faad Capital, and Anicut Capital also participated. The funds will be used to launch the satellite ‘Drishti Mission’ and develop multi-sensor payload technology.
The Economic Times Govt exempts state-run firms from meeting public shareholding norms for 2 years, document shows
All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules.
The Economic Times US Fed holds rates steady, nods to possible September cut
While Fed officials are wary of any actions that could mar their data-not-politics approach to setting monetary policy, the steady drop in inflation in recent months prompted a broad consensus that the inflation battle was near its end.
The Economic Times Infosys under investigation for GST evasion of over Rs 32,000 crore
The document states that Infosys is under the scanner for the ‘non-payment of IGST on import of services as recipient of services.’
The Economic Times Deluge of income tax notices likely this month
Income tax notices are expected in the next month, with concerns about taxpayers slipping through the tax net due to the new reassessment law. Tax officials face challenges in compiling data on tax and income mismatches for financial years 2013-2018 before the September 1 deadline. There are worries about the mammoth task of issuing notices within a month and the potential interpretation issues that may arise.
