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The Economic Times Sebi issues demand notices to Reliance Home Finance's promoter, others in fund diversion case

The regulator has warned these entities for attachment of assets and bank accounts if they fail to make the payment within 15 days.

The Economic Times Sebi proposes measures to simplify public issue processes for small and medium REITs

SM REITs were introduced in March 2024 to encourage smaller real estate investments and increase participation in the sector. These are similar to REITs but operate on a smaller scale with a minimum asset value of Rs 50 crore compared to Rs 500 crore for regular REITs.

The Economic Times Taxman fires rockets at Indians with 'undisclosed' Dubai properties

Recently, around 100 wealthy Indians have been served notices by the Foreign Asset Investigation Unit of the Income Tax department for allegedly undeclared properties in Dubai. These notices were triggered by information shared by UAE authorities on Indian passport holders who have spent less than 90 days in the country.

The Economic Times India's fiscal deficit narrows to 29.4 pc of FY25 target in April-Sep

India's fiscal deficit for the April-September period stood at Rs 4.75 lakh crore, or about 29.4 per cent of the estimate, for the current fiscal (FY25), government data showed on Wednesday.

The Economic Times Core sector growth rebounds to 2% in Sept after Aug setback

India's core sector output grew by 2% in September, up from the 1.6% recorded in August. Five of the eight sectors, including cement and refinery products, saw growth. Cement had the highest year-on-year growth at 7.1%. The overall growth in these sectors during the first half of the financial year was lower than the same period last year.

The Economic Times How will Vikram Samvat 2081 fare for the Indian economy and markets?

In the upcoming Samvat 2081, market stability is expected overall, although volatility may emerge due to domestic and global factors, including India's state elections, the US presidential election outcomes, and continued geopolitical risks.

The Economic Times Happy Diwali 2024: India Inc CFOs to pray for Goddess Lakshmi's blessings of economic stability and community Prosperity

This Diwali, as the festival of lights illuminates the nation, Chief Financial Officers (CFOs) from various sectors unite in heartfelt prayers to Goddess Lakshmi, seeking blessings for economic stability, innovation, and community prosperity.

The Economic Times Swiggy says unaffected by urban demand slump; launches Rs 11,330-cr share sale

The issue comes amid a series of IPOs in the recent past including South Korean car maker Hyundai's mega Rs 28,000-crore issue. It will make Swiggy the second major food delivery app after Zomato to go public.

The Economic Times India's core sectors grow 2% in September

In September 2024, India's eight core sectors' output growth increased by 2% annually, with significant positive growth in Cement, Refinery Products, Coal, Fertilizers, and Steel. However, the crude oil sector experienced a 3.9% decline. The data, presented by the Ministry of Commerce and Industry, highlights variations in the performance of these essential industries.

The Economic Times BRICS+ group's share in global goods exports can overtake G7 by 2026: EY India

BRICS+ group, which includes countries like Brazil, Russia, India, China, South Africa and newly joined members, is rapidly increasing its share in global merchandise exports and imports. EY India predicts that BRICS+ is expected to overshadow the G7 nations in global exports by 2026 due to current trends and new members potentially joining the group.

The Economic Times RBI unlikely to go for immediate rate cut, inflation likely to cool: Ind-Ra

India Ratings and Research forecasts a decline in inflation for FY25 but does not expect immediate rate cuts from the Reserve Bank of India. Persistent high food prices and weak industrial activity challenge the economy, though positive rural demand and improved wages may bolster consumption and growth.

The Economic Times Global gold demand reaches record high value of over $100 billion

Investment demand for gold skyrocketed, more than doubling from the previous year to 364 tonnes. This surge was primarily fueled by a shift in demand for gold exchange-traded funds (ETFs) among Western investors, with global gold ETFs adding 95 tonnes--a notable rebound as this marked the first positive quarter since Q1 2022.

The Economic Times RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged period without rate cuts in the near future.

The Economic Times India Inc wants employees to have a blast this Diwali

"This Diwali, we are celebrating with our delivery partners by recognising their dedication, including awarding bikes to top performers," said Pallavi Tyagi, CMO, Ecom Express. Ecom Express is also conducting team bonding activities like fun games, music, and an Ethnic Day celebration. Vedanta is bringing together employees, business partners and their families across all its business units and locations this Diwali.

The Economic Times India's external assets grew faster than liabilities: RBI report

India's external assets have increased by USD 108.4 billion from June 2023 to June 2024, while liabilities grew by USD 97.7 billion, according to the RBI. This has resulted in a slightly improved net International Investment Position, now at negative USD 368.3 billion, showing a positive trend in financial stability.

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