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The Economic Times
The Economic Times 'India's growth rate is among the shiniest parts in the world economy': Ajay Banga
World Bank Managing Director for Operations Anna Bjerde said the bank is supporting the government turning the growth into jobs and also sustainable development.
The Economic Times Infosys adds 2,456 employees in Q2FY25, reversing trend after six quarters
The total headcount at the end of September stood at 317,788, up from 315,332 in the previous quarter (April-June)
The Economic Times Zepto taps domestic family offices; Infosys, Wipro Q2 results
Zepto is in talks with domestic investors for another fundraise which may value the company at $4.6 billion. This and more in today’s ETtech Top 5.
The Economic Times It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief
Ajay Bhushan Pandey highlighted the need for sustained corporate governance reforms. Company management, independent directors and audit committee, statutory auditors, shareholders, and regulators make up the five lines of defence to improve corporate governance, he said.
The Economic Times Direct tax mopup rises 294 percent in a decade
Total number of taxpayers surged to 10.41 crore, from 5.70 crore in FY15, as per the data. The number of tax returns more than doubled to 8.61 crore in 2024 from 4.04 crore in FY15. The tax-to-GDP ratio showed a marked improvement at 6.64% in FY25 as compared with 5.55% in FY15. Tax buoyancy increased to 2.12 from 0.86, the data showed, with the contribution of direct tax to the overall tax kitty rising marginally to 56.72% in FY24, from 56.16% in FY15.
The Economic Times IBC may get a voluntary group insolvency mechanism soon
India is introducing a voluntary group insolvency framework under the Insolvency & Bankruptcy Code to streamline the resolution of interconnected entities within a corporate group. Initially, it will exclude solvent companies and multinational groups. This initiative aims to speed up resolutions, particularly in cases like Videocon and others, by allowing creditors to choose coordinated or separate processes.
The Economic Times India cenbank bars four non-bank lenders from issuing loans for breaching norms
INDIA-CENBANK-India cenbank bars four non-bank lenders from issuing loans for breaching norms
The Economic Times States' capex growth to moderate in FY'25: Report
State government's capital expenditure (capex) is expected to grow by 13 percent in FY’25, slowing down from 19 percent in FY'23-24 due to a slower start and lower revenues, according to Icra. Some states, like Maharashtra, have fiscal space for welfare schemes despite these challenges. Overall fiscal deficit of 13 states is projected at Rs. 8.8 lakh crore.
The Economic Times ASML CFO says export restrictions behind reduced China expectations
ASML-RESULTS/CHINA (URGENT)ASML CFO says export restrictions behind reduced China expectations
The Economic Times It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief
NFRA Chairperson Ajay Bhushan Prasad Pandey stresses the importance of aligning Indian auditing standards with global norms to enhance corporate governance and attract investors. He highlights five defence lines in governance and calls for reforms to detect frauds early and foster global investor trust in India's growing economy.
The Economic Times GSTN's new ITC integration move to increase compliance, but clarity needed on discrepancies, say experts
The integration of GSTR-2B into GSTR-9 is expected to enhance the accuracy and consistency of tax filings, say experts.
The Economic Times PayNearby to invest $50-60 million in next 3 Years; CFO Vikas Jalan Says no rush for IPO
PayNearby is poised to invest $50-60 million, aiming to significantly boost transaction volumes and onboard 500 million UPI customers. CFO Vikas Jalan shares insights on the IPO strategy.
The Economic Times India Inc.’s spending splurge may not trickle down
Indian conglomerates plan to invest $800 billion in the next decade. Most funding will go to existing businesses, but 40% will target new sectors like green hydrogen and electric vehicles. High interest rates, fiscal tightness, and local competition could pose risks. S&P sees execution and borrowing challenges due to unproven technologies.
The Economic Times Nestle India's Q2 profit slides on higher costs
NESTLE-INDIA-Nestle India's Q2 profit slides on higher costs
The Economic Times Adani Energy Solutions acquires 2 SPVs from PFCCL
Adani Energy Solutions Ltd (AESL) on Tuesday said it has acquired two project special purpose vehicles from PFC Consulting Ltd for cash consideration of about Rs 38 crore.
