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The Economic Times
The Economic Times Godavari Biorefineries faces ₹93 cr GST demand
Godavari Biorefineries Limited has received a notice for non-payment of GST on Extra Neutral Alcohol for the period from July 2017 to March 2021. The authority has demanded ₹ 46.84 crore as GST and an equal amount as a penalty. The company is evaluating the demand and may challenge it before an appropriate authority.
The Economic Times Women-led startup funding in India increases to $930 million in 2024
The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024.
The Economic Times India readies Rs 25,000 cr boost for its electronics components industry
The finance ministry has approved an incentive scheme worth nearly $3 billion aimed at boosting domestic manufacturing of electronics components. The scheme is expected to increase local production of components and subassemblies, with a goal of significantly reducing import dependency and enhancing local value addition to 35-40% within its tenure.
The Economic Times Indians' consumption of pulses, cereals declines by 5 pc as spending pattern shifts: SBI Report
Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).
The Economic Times U.S. pizza chain Papa John's targets 2025 India re-entry after delay
U.S. pizza chain Papa John's International plans to make its return to the Indian market in 2025, a year later than planned, while many Western brands rethink their plans as inflation hits consumer spending.
The Economic Times World food prices dip 2% in 2024: FAO
The UN Food and Agriculture Organization's overall Food Price Index averaged 122.0 points - 2.6 points or 2.1 percent lower than the average value in 2023.
The Economic Times Dabur expects low-single digit revenue growth, flattish operating profit in inflation hit Q3
"Dabur's consolidated revenue is expected to register low single-digit growth during Q3 FY25," it said.
The Economic Times Philips TVs set to return in India
Skyworth from China is partnering with Super Plastronics in India to relaunch Philips televisions in January. Super Plastronics will manufacture the TVs in a new plant in Uttar Pradesh. Skyworth has the license of Philips for televisions in India and some other markets. The exact details of the partnership, which could be a joint venture too, is yet to be firmed up.
The Economic Times Zara, H&M and Amazon's headache, Shein, is coming to India
Shein is re-entering India via a partnership with Reliance Retail after a four-and-a-half-year ban. Shein aims to compete with Indian fast-fashion brands while ensuring data security through a locally developed e-commerce platform. The initial re-entry involves a backend test launch on Reliance's fashion website, Ajio.com, focusing on casual westernwear and more.
The Economic Times India smartphone market to cross $50 billion by value in 2025, driven by Apple, Samsung: Counterpoint
In the affordable premium category, with a price range between Rs 30,000 to Rs 45,000, brands such as Vivo, Oppo, and OnePlus are attracting consumers by offering advanced camera systems and refined color, material, and finish (CMF) designs, said Counterpoint.
The Economic Times Employment in Indian manufacturing sector up for 10th month in a row
Not only did employment in the Indian manufacturing sector increase for the 10th month in a row during December, but also the rate of job creation quickened to the fastest in four months, according to a new report.
The Economic Times IT companies gear up for Q3 results with tier 1 companies to report modest revenue growth: Report
As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum
The Economic Times Consumer prices could rise 3-fold in poor nations by 2050, even under ambitious climate policies: Study
Even with ambitious climate policies, food prices for consumers in lower-income countries are expected to increase significantly by 2050, making healthy food less affordable. The study by PIK researchers highlights the disparity in how rising food costs due to climate policies impact poorer nations compared to wealthier ones.
The Economic Times India's CAD to remain elevated in FY26 also due to stringent global trade policies: Report
India's current account deficit (CAD) is expected to remain elevated in FY26 due to stringent global trade policies, according to a report by JM Financial.
The Economic Times FPI sold equities worth Rs 4285 Cr in just 3 trading sessions of 2025
Foreign Portfolio Investors (FPIs) have started 2025 on a cautious note in Indian equities, with a net selling of Rs 4,285 crore in just the first three trading sessions of the year, according to data from the National Securities Depository Limited (NSDL).
