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The Economic Times
The Economic Times GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaks
The ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax slabs and rates. The six-member Group of Ministers, led by Bihar Deputy Chief Minister Samrat Chaudhary, is considering merging the 12 and 18 per cent tax slabs. Some states are cautious about making changes.
The Economic Times India pushes for stricter framework on online gaming companies
India is advocating for online gaming companies to be included under anti-money laundering and counter-terrorism financing frameworks. The government is pushing for strict Know Your Customer norms and reporting of suspicious transactions, citing concerns over illicit funds laundered through platforms like Mahadev Apps. This will be discussed at the next FATF meeting in Paris.
The Economic Times HDFC Life CFO says 98% of revenue comes from distribution channel, reinsurance crucial for risk management
Niraj Shah shares insights on the company’s growth strategy, risk management, and the evolving insurance landscape in this conversation with ETCFO.
The Economic Times ICAI Council divided on way forward over SA 600 revision; former president advocates legal action against NFRA
In a heated council meeting, ICAI members debated the proposed revision of SA 600, highlighting divisions over potential legal action against the NFRA and concerns about the impact on smaller audit firms. Despite these discussions, NFRA remains firm and has invited public consultation until October 30.
The Economic Times Hipolin CFO Rumit Bharatbhai Shah resigns
Shah tendered his resignation citing personal and unavoidable circumstances.
The Economic Times Chase Bright Steel appoints Franklin Tavares as CFO
This announcement follows the resignation of the previous CFO, Sampada Sakpal, who stepped down on September 21 due to personal reasons.
The Economic Times Sterling & Wilson Renewable Energy CFO resigns
Dastoor joined Sterling and Wilson Renewable Energy in the September of 2017, having served for more than 7 years.
The Economic Times Dr Agarwal’s Eye Hospital CFO resigns
Udhay Shankar, Chief Financial Officer (CFO) of Dr. Agarwal's Eye Hospital, has resigned from his position, citing personal reasons.
The Economic Times Dish TV appoints Amit Kumar Verma as CFO
This follows the impending retirement of Rajeev Kumar Dalmia, who will superannuate on September 30, 2024.
The Economic Times India, EU to begin next round of talks on free trade pact on Monday
Senior officials from India and the European Union will begin the ninth round of free trade agreement talks on Monday. The discussions aim to enhance bilateral trade and investments, addressing issues like carbon tax and deforestation regulations. Both sides will negotiate on goods, services, investment, and government procurement.
The Economic Times Financial services get highest foreign inflows in first half of September
Overseas investors purchased Indian equities worth ₹32,779 crore across 17 sectors in the first half of September. Financial services received the highest inflows at ₹12,253 crore. Healthcare, consumer durables, and FMCG sectors also saw significant investments. However, the automobile sector faced the highest outflows at ₹1,983 crore.
The Economic Times Union Minister Piyush Goyal engages with industry leaders in Singapore, holds discussions to boost India's startups and infrastructure
Union Minister for Commerce and Industry Piyush Goyal discussed about the robust growth of India's startup ecosystem with leading figures in Singapore and potential collaborations between both nations in key sectors.
The Economic Times India Inc’s class act: Biggies set to go to school
Traditional Indian conglomerates like Adani, Reliance, L&T, Vedanta, and RPG are set to boost campus hiring for the class of 2025. This move comes as companies across sectors remain cautious on headcount addition. These companies aim to hire fresh graduates from top institutions to support their aggressive growth plans.
The Economic Times India to clock 7% growth in FY25 despite headwinds: Deloitte
India remains a bright spot in the global economy, with Deloitte South Asia CEO Romal Shetty projecting a 7 per cent growth for the current fiscal year. Despite global headwinds, inflation is under control, rural demand is picking up, and vehicle sales are improving. The Indian economy is expected to reach USD 5 trillion within this decade.
The Economic Times India signs IPEF's clean, fair economy agreements
India has signed agreements under the Indo-Pacific Economic Framework for Prosperity to enhance cooperation in clean and fair economy sectors. These agreements aim to promote clean energy, reduce greenhouse gas emissions, improve tax transparency, and combat corruption. The framework includes 14 member countries and focuses on trade, supply chains, clean economy, and fair economy.
