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The Economic Times
The Economic Times Climate finance billions at stake at COP29
Rich countries will be under pressure at next month's UN COP29 conference to increase by hundreds of billions of dollars how much money they give to poorer countries as "climate finance". The signatories said all the money should be grants, seeking to redress the provision of loans as climate finance that poorer countries say compounds their debt woes.
The Economic Times Explained: What does RBI's shift to a 'neutral' stance mean and how will it impact rates?
If inflation remains under control and growth slows, the neutral stance increases the chances of future rate cuts, which would lower borrowing costs for loans like mortgages, auto loans, and business credit.
The Economic Times RBI sees core inflation rising to 4.3% in coming quarters; retains CPI inflation forecast
Inflation projections for 2025-26 include 4.3% in Q1, 3.7% in Q2, 4.2% in Q3, and 4.1% in Q4.
The Economic Times RBI projects 7.2% GDP growth for 2024-25, flags global uncertainties as risks
Forward-looking surveys conducted by the RBI in September 2024 reflect growing consumer confidence and optimism in both the manufacturing and services sectors.
The Economic Times RBI Monetary Policy Committee keeps repo rate unchanged at 6.5%
RBI October MPC : This marks the tenth consecutive time that the MPC has maintained the policy repo rate at 6.50 per cent. The last adjustment to this rate, when it was increased from 6.25 per cent to 6.50 per cent, occurred on February 8, 2023.
The Economic Times Hindenburg Research claims Roblox inflated user metrics, shares drop 7.5%
Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulators about the number of users on its platform.
The Economic Times RBI MPC announcement today, unlikely change in rates, RBI may change stance to neutral: Economists
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
The Economic Times Parliament finance panel calls Sebi, other regulators
The Parliamentary Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has decided to hold discussions with Sebi chief Madhabi Puri Buch along with other key financial sector regulators, including RBI and IRDA, to review their functioning and discuss the finance ministry's grant demands.
The Economic Times Former Amazon executive's supply chain startup raises $100 mln in funding
AUGER-FUNDING/Former Amazon executive's supply chain startup raises $100 mln in funding
The Economic Times NFRA's efforts are to incorporate best global accounting, auditing standards, says chairman
NFRA Chairperson Ajay Bhushan Prasad Pandey emphasized the need for India to adopt global accounting and auditing standards to nurture big homegrown firms. Highlighting recent corporate failures amounting to Rs 2 lakh crore, he stressed high-quality reporting frameworks. Notably, Pandey pointed out issues with the principal auditor's responsibilities in group audits.
The Economic Times IT law revamp: Govt panel seeks public feedback
A government committee in New Delhi is reviewing the 63-year-old Income Tax Act, seeking public input in four key areas: simplification, reducing litigation, easing compliance, and eliminating obsolete provisions. This effort follows past attempts during the tenures of P Chidambaram and Narendra Modi, which were not fully implemented despite recommendations.
The Economic Times Registration-cum-membership certificate not mandatory for exporters to seek scheme benefits: DGFT
DGFT confirms that exporters do not need a Registration-cum-Membership Certificate to receive benefits under schemes such as duty drawback and remission of state levies. These include schemes like RoSCTL and RoDTEP. Import of exhibits for fairs will also follow specific norms, without needing import authorization or registration under Import Monitoring Systems, subject to compliance.
The Economic Times Consumer durables sector can create 500,000 new jobs in India by 2030: Report
India's consumer durables sector is set to grow, creating 500,000 new jobs by 2030. This growth is driven by rising domestic demand, sustainability focus, and indigenisation. The market could reach Rs 3 lakh crore by 2029. Incentives for energy-efficient products and online sales expansion are recommended to boost the sector.
The Economic Times Global recognition race drives CSR spend on sports, art
India Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 2022-23. Education received the highest CSR funds totaling ₹10,085 crore, while health spending decreased to ₹6,830 crore. HDFC Bank was the largest CSR spender.
The Economic Times India Inc gears up for festive season hiring surge for temporary jobs
This festive season, hiring executives highlight that businesses are reshaping their workforce to meet evolving consumer demands and promote diversity, while facing potential risks from inflation and geopolitical tensions.
