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The Economic Times There's a case for RBI to cut rates: Jahangir Aziz, JP Morgan Chase

India's core consumer inflation hit a decadal low of 3.14% in June, suggesting excess capacity in the economy. Jahangir Aziz from JP Morgan Chase advocates for an immediate policy rate cut by the RBI, despite geopolitical uncertainties and US election risks potentially impacting global economics.

The Economic Times Women's representation in India Inc remains stable: Report

Women's representation in India Inc remains stable and the banking, financial services and insurance (BFSI) sector leads when it comes to 'women in leadership' roles, a report said on Wednesday.

The Economic Times HSBC may appoint Indian origin Pam Kaur as first woman CFO in its history

Kaur is a strong contender for the chief financial officer role that became available after Georges Elhedery assumed the position of CEO at Europe's largest lender on September 2

The Economic Times Majority of CEOs see full return to office work in 3 years: Survey

KPMG notes that this year's findings show a growing firmness among CEOs regarding a return to pre-pandemic work practices.

The Economic Times Ideating with startups & entrepreneurs for tomorrow’s businesses

Startup Sphere 2024 in Bengaluru turned out to be a major crowd-puller, as it debated the issues that need attention for entrepreneurs and investors to drive the next phase of growth.

The Economic Times HUDCO appoints Daljeet Singh Khatri as CFO

Daljeet Singh Khatri is replacing Reva Sethi, the former CFO of Housing and Urban Development Corporation who was appointed in June this year.

The Economic Times ADB retains India’s growth forecast at 7%

After the World Bank, IMF, S&P Global, Asian Development Bank also retained India’s growth forecast projected at 7%. ADB cited India’s strong agricultural growth due to an above-average monsoon, along with robust performance in the industry and services sectors as the contributing factors.

The Economic Times MoSPI consults economists for base revision to GDP, CPI

Ministry of Statistics and Programme Implementation (MoSPI) met economists to discuss revisions to the GDP and Consumer Price Index (CPI) frameworks. The meeting focused on addressing delays, enhancing data granularity, and improving methodologies for better measurement of growth and inflation metrics.

The Economic Times GSTN asks taxpayers to secure records as data archival policy takes effect

The Goods and Services Tax Network (GSTN) has issued an advisory, urging taxpayers to proactively manage their records as new archival policies limit GST return data availability to seven years.

The Economic Times HSBC considers insider Pam Kaur as its first-ever female CFO

HSBC Holdings Plc is considering appointing Pam Kaur as its first female finance director in its 159-year history. Kaur, currently the chief risk and compliance officer, is a leading candidate for the CFO role. Other potential candidates include Greg Guyett, Willard McLane, and Kavita Mahtani.

The Economic Times Top exporters body seeks 5 yrs for export credit scheme

The Federation of Indian Export Organisations (FIEO) has urged the government to extend the interest equalisation scheme for five years to boost credit flow amid a 13-month decline in goods exports. The scheme, aiding MSME exporters, is set to end on September 30. FIEO also signed an MoU with Stenn to enhance SME financing.

The Economic Times India picks 300 law points and sections to likely decriminalise for cuting compliance burden

The Indian government has identified 300 legal points for potential decriminalisation to reduce compliance burdens, aiming to boost the manufacturing sector under Jan Vishwas 2.0. Commerce Minister Piyush Goyal highlighted the success of the Make in India initiative, which has attracted significant foreign investment and aims to increase manufacturing's GDP share to 25% by 2047.

The Economic Times Hyundai Motor India's IPO gets Sebi greenlight, sources say

India's market regulator has approved an initial public offering of Hyundai Motor India , two sources with direct knowledge of the matter told Reuters.

The Economic Times Swiggy gets Sebi nod for $1.25-billion IPO

Swiggy has received market regulator approval for its $1.25-billion IPO, signaling strong interest in new-age investments amid India's consumer boom. The Bengaluru-based company will raise ₹3,750 crore in fresh capital and offer up to ₹6,664 crore through an offer-for-sale. Major investors like Prosus and SoftBank are expected to sell part of their holdings.

The Economic Times Sebi simplifies registration of certain FPI categories

To ease onboarding for FPIs and reduce duplication of information, Sebi on Tuesday proposed an abridged version of Common Application Form (CAF) that only requires information unique to the applicant. Further, the rest of the information will be auto-filled from the depository's records or certain fields will be disabled if not needed.

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