The Economic Times
The Economic Times GoM proposes to raise GST on luxury shoes, watches, aims revenue boost by Rs 22,000 cr
In a significant development, the Group of Ministers (GoM) on Saturday agreed upon some Goods and Services Tax (GST) rate revisions that are likely to bring in an additional Rs 22,000 crore revenue.
The Economic Times ICAI lacks authority on audit standards; MCA can nullify SQMs if not issued as per laws, says ex-NFRA chief Rangachari Sridharan
As ICAI introduces new Standards of Quality Management (SQM), questions arise regarding its legitimacy and adherence to established protocols. Rangachari Sridharan, the former chief of the NFRA, asserts that legally valid auditing standards can only be issued by MCA, a position that challenges the ICAI's recent unilateral actions.
The Economic Times Quick commerce’s burning brighter as players add more fuel
Zomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick commerce sector, with some viewing it as a strategic move to overshadow Swiggy's impending IPO. The slug of capital that will be needed to sustain growth in the high-burn quick commerce sector is resembling the trajectory of ecommerce a decade ago.
The Economic Times Tata Consumer Q2 Results: Cons PAT jumps 8% YoY to Rs 364 crore, beats estimates
Tata Consumer Q2 Results: The profit after tax was above ET Now poll estimates of Rs 314 crore. The company reported quarterly revenue of Rs 4,214 crore, a 13% increase from Rs 3,734 crore in the same period last year. The India Beverages segment grew 3%, despite a 4% decline in tea volumes, while India Foods revenue rose 28% (9% organic). Overall volume growth was 1%.
The Economic Times Private equity and venture capital bets fall 40% to USD 8.8 billion in Q2: Report
Private equity and venture capital investments fell by 40 per cent to USD 8.8 billion in the September quarter. Despite a 26 per cent increase in the number of deals, geopolitical tensions have led to investment caution. Large deals above USD 100 million halved to 21. Funds raised for future investments also dropped by 37 per cent.
The Economic Times Zee files settlement application with Sebi over alleged lapses
Zee Entertainment Enterprises has sought a settlement with SEBI to resolve investigations into alleged corporate governance lapses and financial irregularities. The company aims to close the probe by paying a fine or taking corrective actions, while maintaining investor confidence without admitting or denying the allegations.
The Economic Times India's Jindal SAW posts 32.5% jump in Q2 profit
JINDAL-SAW-India's Jindal SAW posts 32.5% jump in Q2 profit
The Economic Times India's steel ministry favours temporary tax to check imports, source says
INDIA-STEEL/ (PIX)India's steel ministry favours temporary tax to check imports, source says
The Economic Times JSW Steel-JFE JV to acquire Thyssenkrupp Co for Rs 4kcr
JSW Steel and JFE Steel Corp's joint venture acquires Thyssenkrupp Electrical Steel India for ₹4,051.40 crore, including technology transfer. The acquisition provides market access for grain-oriented electrical steel, used in transformers and generators, manufactured at TKES India's Nashik plant. JSW Steel foresees rapid market growth in this sector.
The Economic Times PM Kaushal Vikas Yojana 4.0: Training track set for 1 million workers to run key schemes
India is set to train one million workers under the Pradhan Mantri Kaushal Vikas Yojana 4.0 over the next two years to meet the demands of government schemes across various ministries. Training and certification aim to fast-track skills development and create a skilled workforce for new-age technologies and government initiatives.
The Economic Times Gati Shakti Digital twin will work for both greenfield and brownfield projects
“PM Gati Shakti Master Plan is a geospatial platform, which has data about the infrastructure assets in the country. In addition to that it has data related to any asset and its attributes as major infrastructure assets have been mapped through geospatial coordinates,” Surendra Ahirwar, Joint Secretary, Logistics & Trade , Ministry of Commerce & Industry told ET Infra.
The Economic Times World sees India as a trusted partner to do business with: Piyush Goyal
Inflation is under control, foreign exchange reserves have crossed $700 billion, the country is recording healthy economic growth rates and is the most preferred investment destination, Goyal said at an event organised by Society for Human Resource Management (SHRM).
The Economic Times Transforming Finance: How innovation and technology are redefining roles and fueling growth
Rupesh Agrawal, CFO of PL Capital – Prabhudas Lilladher, highlights in this article how technology and innovation are transforming finance roles from traditional bookkeeping to strategic partnerships, driving organizational growth and responding to market dynamics.
The Economic Times RBI not police; maintains tight vigil on financial market and takes action when necessary: RBI Guv
"No...we are not policemen. We are watching. We are watching very closely. We maintain vigil over the credit markets and...when it becomes necessary, we take action," he said at the India Credit Forum hosted by Bloomberg.
The Economic Times Interest rate cut at this stage would be 'premature,' India cenbank chief says
INDIA-CENBANK/RATES (PIX)Interest rate cut at this stage would be 'premature,' India cenbank chief says