The Economic Times The Economic Times

The Economic Times India Inc seeks triple boost: jobs, infra, consumption

They urged finance minister Nirmala Sitharaman to rationalise the taxation system, lower the cost of doing business and initiate next-level policy reforms during a pre-budget consultation she held with all leading business chambers and industry groups on Monday.

The Economic Times HUL takes direct-to-Kiranas distribution route

Hindustan Unilever is streamlining its distribution process by directly supplying products to kirana stores in Mumbai, with the aim to reduce supply time to under 24 hours. Distributors will manage orders and payments, while HUL handles logistics. The initiative will expand to Delhi and other metros, enhancing service efficiency.

The Economic Times Wrap 2024: IBC reforms focused on liquidation flexibility, enhanced creditor representation

In its eighth year of operations, the Insolvency and Bankruptcy Code (IBC) of India handled a total of 8,002 cases as of September 2024. The 2024 reforms introduced flexibility in liquidation frameworks, improved creditor representation, harmonised personal guarantor insolvency, strengthened insolvency professionals’ roles, mandated financial transparency, and integrated AI and blockchain to streamline processes and enhance recoveries.

The Economic Times Prospects of economy expected to improve in 2025: RBI Governor

RBI Governor Sanjay Malhotra asserts that India's economy is set to improve in 2025 due to high consumer and business confidence, despite early growth moderation. Financial sector stability and a resilient global economy, along with easing monetary policy, are expected to support this growth trajectory.

The Economic Times Industry seeks focus on capex, fiscal consolidation, tax rationalistion in pre-Budget meeting with FM

In the pre-budget meeting with Finance Minister Nirmala Sitharaman on Monday, representatives from various industry bodies put forward a bouquet of suggestions before the government.

The Economic Times Adani Enterprises to fully exit Adani Wilmar in $2 bn multi-phased deal

Adani Enterprises Ltd will exit its 44 per cent holding in Adani Wilmar Ltd in two phases, selling up to 31.06 per cent to Wilmar International’s subsidiary, Lence Pte Ltd, and approximately 13 per cent to meet public shareholding requirements. The transaction will be completed via a call or put option mechanism, with the agreement signed on December 30, 2024.

The Economic Times India's manufacturing sector's contribution to GVA will surge to 21 pc by 2032 from 14 pc now: Report

The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.

The Economic Times Indian stock market set to ride on strong economic growth in 2025

The Indian benchmark indices in 2025 are set to ride on strong economic growth and government efforts to boost infrastructure and digital innovation, experts said on Monday.

The Economic Times RBI seen loosening stranglehold on rupee in 2025

The Reserve Bank of India might have to adjust its foreign exchange strategy as the rupee is overvalued. This could lead to a weaker and more volatile rupee by 2025. Factors such as the U.S. Federal Reserve's rate cut cycle, Donald Trump's trade policies, US bond yields and India's economic slowdown will impact the rupee.

The Economic Times India's economic growth slumps to 5.4%: What it means for future policy changes

Growth slumped to 5.4 per cent in the July-Sept quarter, leading RBI to revise its growth forecast for 2024-25 to 6.6 per cent. There are calls for a rate cut to boost demand and growth. While rural demand remains strong, urban demand has slowed. Experts suggest persisting with reforms in light of global uncertainty and the upcoming budget may provide guidance.

The Economic Times Rewind 2024: Apple in India makes significant strides amid premiumisation, PLI push, retail expansion

Within the electronics sector, smartphone exports have recorded a 45 per cent increase in exports as leading players such as Apple expand production in the country. Apple's entry into India, supported by its vendors Foxconn, Pegatron, and Tata Electronics, has boosted smartphone exports this year.Apple’s iPhone production reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record. In the April-October period, the company exported iPhones at almost Rs 8,450 crore (nearly $1 billion) each month, as per industry data.

The Economic Times 2025 to be a year of transformation for retail industry; AI & automation to play a crucial role

The Indian retail industry is cautiously optimistic about 2025. New-age technologies like AI and automation will drive efficiency and personalisation. The sector is expected to grow with increased foreign investments and focus on sustainability. Retailers will enhance operations and customer experiences, while the rise in middle-income households is projected to fuel mass consumption across various sectors.

The Economic Times The mother of all Indian IPOs: Will 2025 be the year India witnesses its largest-ever listing?

2024 witnessed a surge in IPOs with major companies raising funds, surpassing Rs 3 lakh crore. This trend is expected to continue in 2025 with significant listings from giants like Flipkart, LG India, and Reliance Industries' Jio. Subsidiaries of listed firms are also planning IPOs, potentially setting new fundraising records.

The Economic Times India's BoP strengthened by robust inflows from NRI deposits, external commercial borrowing in last quarter: Report

India's Balance of Payments improved significantly in Q2 FY25. Strong inflows from Foreign Portfolio Investments, External Commercial Borrowings, and Non-Resident Indian deposits drove this improvement. Despite an increase in Foreign Direct Investment outflows, capital account surpluses rose. Investor confidence and favorable global financial conditions supported these trends, helping to strengthen India's external finances.

The Economic Times RBI Innovation Hub pilots digital unsecured loans for gig workers

The Reserve Bank of India Innovation Hub has partnered with Vivifi Finance for a pilot project to provide unsecured loans to gig workers, including cab and food delivery drivers. The project uses alternate data for loan underwriting and aims to integrate these workers into formal banking channels. Future plans include linking the system with the Unified Lending Interface.

AD
AD