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The Economic Times
The Economic Times India jumps 42 spots in 9 years, ranks 39th in Global Innovation Index 2024
India has climbed 42 positions in the Global Innovation Index over the past nine years, now ranking first among lower-middle-income economies and 39th globally. This improvement is attributed to Prime Minister Narendra Modi's leadership and the country's focus on fostering innovation. Major cities like Mumbai, Delhi, Bengaluru, and Chennai are among the world's top 100 S&T clusters.
The Economic Times Financial restructuring, govt initiatives to push mfg helping India Inc sail through rough seas
India, poised to become the world's third-largest economy by decade's end, is on a high-growth trajectory. Despite challenges like high funding costs and sluggish demand recovery, sectors such as consumer products, ecommerce, healthcare, and technology show immense growth potential. Government initiatives and improved corporate governance are boosting investor confidence.
The Economic Times Tokyo Electron prepares India expansion as Modi lures chipmakers
Tokyo Electron Ltd. plans to hire and train chip engineers in India by 2026, aligning with the Modi government's push for semiconductor manufacturing. The company will support Tata Electronics and expects global chip demand to double by 2030. Tokyo Electron aims to expand its market share amid US-China trade tensions.
The Economic Times Death of a young CA
If you read any research reports on India's growth story, they keep saying that the country’s best bet is its working-age population. But if one scrolls through the kind of stories people are speaking of, you’d wonder if we are indeed creating a conducive place for people to work.
The Economic Times Ujjivan SFB CFO Ramesh Murthy retires
Originally scheduled to superannuate on November 24, 2024, Ramesh Murthy has requested to be relieved from his duties earlier, on October 7, 2024 citing personal reasons.
The Economic Times Hope to see Indian corporates in Top 20 R&D investors, none there yet: Vice President Jagdeep Dhankhar
Vice President Jagdeep Dhankhar said that India’s economic rise is like a plateau, affecting the world, appreciates the rise from 'fragile five' to 'top five' but at the same time reflected concerns on Corporate India’s focus on Research & Development.
The Economic Times InCred Finance to name Gaurav Maheshwari as CFO
Guarav Maheshwari brings about 27 years of experience, currently serving his second term at Standard Chartered Bank, he has also headed finance at Altico Capital.
The Economic Times PLI Scheme boosts manufacturing output to Rs 10.90 lakh crore, creating 8,50,000 jobs
The Production Linked Incentive (PLI) Scheme has transformed India’s manufacturing sector, elevating output to ₹10.90 lakh crore, creating over 8,50,000 jobs, and significantly increasing exports and foreign investment, says the Ministry of Commerce & Industry.
The Economic Times India's retail has a spring in its step: High-end shopping malls
India's retail sector is seeing a transformation with the rise of premiumisation. Consumers are increasingly spending on high-end products, leading to a demand for premium shopping malls. This trend is evident in both metropolitan and smaller cities, with international luxury brands also entering the market, boosting foreign investment.
The Economic Times Ahead of merger with Disney's Star India, Nita and Akash Ambani join Viacom18 board
Nita Ambani and Akash Ambani have joined the board of Viacom18 as it nears its merger with Walt Disney's Star India. The new board will include representatives from both companies, aiming to create an $8.5 billion media giant. The merger awaits final approval and is expected to bring significant synergies.
The Economic Times Cashing in on D-St rally: Promoters of 180 companies offload stocks worth Rs 40,000 crore in Q2
Promoters of around 180 companies have sold stock worth over ₹40,000 crore in the September quarter, capitalizing on the market rally. This trend is driven by high valuations and various strategic reasons. Prominent sales include those by InterGlobe Aviation, Ambuja Cements, and Patanjali Foods.
The Economic Times Make-in-India doesn't need help from the Chinese dragon to roar
India's manufacturing growth is driven by its own strengths, not a China Plus One strategy, Commerce Minister Piyush Goyal said. The Make in India initiative aims to boost domestic manufacturing and create jobs. Strategic reforms have improved ease of doing business, attracting significant foreign investment and positioning India as a major global player.
The Economic Times SC questions NCLAT verdict approving settlement of BCCI claim of Rs 158.9 crore by Byju's
The bench, which will resume the hearing on Thursday, hinted that it send the case back to the insolvency appellate tribunal for fresh adjudication by applying its mind to the source of money.
The Economic Times Finance ministry to hold pre-budget meetings from October 10; first huddle with renewable energy ministry
The finance ministry will begin pre-budget meetings on October 10, starting with the ministry of new and renewable energy. These meetings, continuing until November 11, aim to finalize budgetary allocations for 2025-26 and revised estimates for the current fiscal year. Finance Minister Nirmala Sitharaman will later engage with various stakeholders.
The Economic Times Banks to push for change in IBC rules amid fears of promoters gaming the system
Banks are urging changes to insolvency regulations to prevent promoters from manipulating their companies' size to qualify as MSMEs and retain control during bankruptcy proceedings. This move aims to address concerns about delinquent borrowers exploiting the system by downsizing assets and staff to benefit from special provisions for MSMEs.
