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The Economic Times IIFCL plans to raise about Rs 8,000 cr from borrowing during Jan-Mar quarter

IIFCL plans to raise Rs 8,000 crore from borrowing, including from overseas institutions, during January-March. They aim to fund business growth of 20 percent. IIFCL has finalised blended finance with Asian Development Bank and Korean Exim Bank. Discussions with ADB, World Bank, and JICA for further funds are ongoing. The balance sheet size is approximately Rs 80,000 crore.

The Economic Times RBI adds 8 tons gold to its reserves in Nov 2024: WGC

In November 2024, central banks globally added 53 tonnes of gold to their reserves. The Reserve Bank of India added 8 tonnes, increasing its total gold holdings to 876 tonnes. The National Bank of Poland was the largest buyer, adding 21 tonnes. Other significant buyers included Uzbekistan, Kazakhstan, China, Jordan, Turkey, the Czech Republic, and Ghana.

The Economic Times Demand for 200,000 skilled workers by 2030 in the EV industry

India's energy transition is driven by the goal of achieving net zero emissions by 2070, with electric vehicles (EVs) playing a crucial role. Key government initiatives and substantial funding aim to enhance EV adoption and infrastructure. However, addressing the significant skills gap in the workforce through structured training and apprenticeships is essential for sustaining this green revolution.

The Economic Times India antitrust body found Pernod colluded with retailers to promote its brand

PERNOD-RICARD-INDIA-India antitrust body found Pernod colluded with retailers to promote its brand

The Economic Times India eyes private capital for $107 billion grid expansion

India urges states to attract private capital for expanding power transmission networks. The plan involves monetizing transmission assets and reinvesting proceeds into new projects. With a $107 billion target, the aim is to enhance grid capacity for clean and coal power, emphasizing predictable revenues and investment security for private investors.

The Economic Times CII pitches for integrated jobs policy

CII has proposed a seven-point agenda to boost employment in India, including a national employment policy. The agenda includes creating a National Employment Policy, developing a Universal Labour Information Management System, and providing tax incentives for new employment. Support is suggested for sectors like construction, tourism, textiles, and low-skilled manufacturing.

The Economic Times Indian realty sector sees 22 pc growth at $6.5 bn in 2024, foreign inflows surge

Led by the industrial and warehousing segment, the institutional investments in Indian real estate touched $6.5 billion inflows in 2024, a substantial 22 per cent increase from the previous year's $5.4 billion, according to a report on Monday.

The Economic Times With new $650 million war chest for India, Accel eyes AI, consumer, fintech, manufacturing startups

Accel announced that it has raised a $650 million early-stage fund to support bold founders in India and Southeast Asia. This fund focuses on sectors such as AI, consumer, fintech, and manufacturing, aiming to back category-defining startups. The company's portfolio includes Flipkart, Swiggy, and Freshworks, Accel has made significant strides in the region’s growing venture capital landscape.

The Economic Times Happy Forgings to invest Rs 650 cr on new manufacturing unit

This investment of Rs 650 crore to establish cutting-edge forging capacities will redefine the company's capabilities in the heavyweight components segment, HFL Managing Director Ashish Garg said.

The Economic Times FM Sitharaman holds pre-budget consultation with representatives of trade unions

Budget 2025: Finance Minister Nirmala Sitharaman chaired the eighth Pre-Budget Consultation meeting with trade unions for the Union Budget 2025-26. The session aimed to understand the trade unions' perspectives and gather inputs for effective policy shaping. The budget, to be presented on February 1, 2025, will address economic challenges and promote growth. Sitharaman's pre-budget consultations included stakeholders from various sectors.

The Economic Times Several Indian startups end FY24 with better bottom line amid funding challenges

More than two dozen startups in India improved their financial performance in FY24 with a combined revenue of over Rs 500 crore. Startups like Purplle, Porter, Lenskart and PhonePe achieved growth and better margins while others focused on reducing losses. The trend emphasises healthier business practices as funding remained tight.

The Economic Times Hyundai Motor Group chief stresses resilience, innovation in facing new biz challenges

The head of Hyundai Motor Group on Monday emphasised the importance of resilience, innovation and proactive preparation in facing future challenges expected from ongoing global risks, as well as anticipated rollbacks in the electric vehicle (EV) policies of the US.

The Economic Times Indian IT sector set for revival in 2025 as macro-economic environment gets better

For the Indian IT sector, the macro-economic environment is far better placed than it has been in the last two years which should drive a revival in 2025, according to a report on Monday.

The Economic Times Goldman Sachs sees India among top emerging markets in 2025

Goldman Sachs has projected India to be among the best-performing emerging markets in 2025, given the country's robust macroeconomic stability backed by improving terms of trade, effective inflation targeting, and reliable domestic risk capital.

The Economic Times Outlook 2025: CFOs see geopolitical tensions, cybersecurity threats, and inflationary pressures top risks for India Inc

As India Inc prepares for 2025, CFOs predict key risks—geopolitical tensions, cybersecurity threats, regulatory shifts, and economic instability—urging businesses to adopt proactive, agile strategies to ensure resilience and sustained growth.

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