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The Economic Times
The Economic Times IT minister Kharge calls for level-playing field in semiconductor investments
"I'm not saying that other ecosystems don't deserve support, but who deserves it the most? It's not just about Karnataka; it's about the nation becoming a manufacturing hub. It's about India becoming an economic superpower and leading in technologies." Kharge also said that it's disheartening that states like Karnataka, Tamil Nadu, and to some extent, even Maharashtra, are getting the raw deal.
The Economic Times X faces hiccups in influencer-led monetisation push in Indian market
A Kantar survey report in September pointed out a declining trend of brand spending on X. It stated that 26% of marketers are planning to spend fewer of their ad dollars on X in 2025 – the biggest recorded pullback from any major global ad platform.
The Economic Times Ranveer Singh bags 50% stake in packaged foods company Elite Mindset
Confirming the development to ET, (Nikunj) Biyani, cofounder, of the venture, said, "We see an opportunity to build a brand in the better-for-you packaged foods space with accessible and affordable protein-based products at the core of the venture."
The Economic Times Smartphone PLI revenue rings louder; 19x revenue boost for government in 4 years
Ten companies — five global and five local — were selected to receive sops under the smartphone PLI scheme with an overall financial outlay of Rs 40,951 crore, which was later reduced to Rs 38,601 crore.
The Economic Times Focus must be to move per capita consumption: Colgate India MD
In India, oral care consumption is very low and even markets such as the Philippines consume 1.8 times and Brazil 3.1 times compared to India. The company said oral health in India is often neglected and consumers don't take preventive action until it's too late. More than half the people do not brush daily in Indian villages and just a fifth brush twice a day in the cities. Eight out of 10 people have undiagnosed cavities, with only one out of 10 people going to the dentist.
The Economic Times Adani Green Energy plans $2-b fundraise via International bonds, loans
Adani Green Energy is seeking to raise approximately $2 billion through bonds and loans in the coming months. The company plans to issue a $600 million bond in the near future and is also exploring a private placement for one of its subsidiaries.
The Economic Times During Trump 2.0, India second only to US for investors: Viswas Raghavan, Executive Vice-Chair, Citigroup
India is poised to become the second-largest recipient of global investments after the US during President Trump's second term. Investors are drawn to India's potential as a market, its alignment with Trump's policies, and its strong economic growth prospects, particularly in sectors like energy, infrastructure, and consumer goods.
The Economic Times India-focused offshore funds under ED scanner for rule violations
The Enforcement Directorate (ED) in India is investigating wealthy individuals who have been investing in offshore funds that primarily invest in Indian equities. This practice, while potentially motivated by profit or currency advantages, is considered a violation of India's foreign exchange regulations and could lead to significant penalties for those involved.
The Economic Times Realty insolvency reforms to push for streamlined solutions for homebuyers, lenders
The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aiming to provide relief for homebuyers. The proposed changes prioritize timely possession of units, ensure fairer claim valuations, and increase transparency for homebuyers invested in projects undergoing insolvency proceedings.
The Economic Times RBI 'coin mela' at Sonepur fair to educate visitors on financial literacy
The Reserve Bank of India is organizing a 'coin mela' at the Sonepur Fair on November 19th to exchange old currency and promote financial literacy. The RBI also directed banks to prioritize lending to creditworthy small and medium-sized enterprises (MSMEs) and improve their performance under government-sponsored schemes.
The Economic Times RBI: Can't force banks to waive loans of landslide victims
The RBI has stated that it cannot direct banks to forgive loans of those impacted by the Wayanad landslides. However, they have suggested alternatives like loan moratoriums or restructuring. This follows the central government's refusal to classify the Wayanad tragedy as a national disaster, despite appeals from Kerala.
The Economic Times Scripting India's manufacturing revival: Rationalisation of GST, strengthening of IBC & NCLT on agenda to improve ease of business
Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts suggest additional measures like GST rationalisation, improved credit access for MSMEs, and a focus on product design to further enhance 'Make in India'.
The Economic Times Govt to set up R&D centre for domestic manufacturing of RE components: Joshi
More than 200 parts or components (over 50 per cent of total parts) required to develop electrolysers are being imported from other countries.
The Economic Times JV of green arms of India's NTPC-ONGC is highest bidder for Ayana Renewable at $650 mln, sources say
The venture outbid JSW Energy for the renewable energy firm backed by quasi-sovereign wealth fund National Investment and Infrastructure Fund, the people said.
The Economic Times Robust, transparent audit system helps strengthen democracy: Om Birla
Lok Sabha Speaker Om Birla emphasized the importance of a strong and transparent audit system for a robust democracy and comprehensive national development. He highlighted that such a system ensures fiscal discipline and prudent use of public funds.
