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The Economic Times
The Economic Times We are ready to set up our manufacturing operations in India: Putin
Russian President Vladimir Putin praised India's 'Make in India' initiative and Prime Minister Modi's stable policies at an investment forum. He expressed Russia's interest in establishing manufacturing bases in India, citing Rosneft's recent $20 billion investment as an example. Putin also advocated for greater BRICS cooperation to support small and medium-sized enterprises.
The Economic Times Indian markets make substantial gains from day's low in anticipation of rate cut by RBI: Experts
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
The Economic Times GST rate rationalisation: Experts suggest shift to three-tier structure to simplify compliance
Ahead of the 55th GST Council meeting on December 21, experts highlight the need for a simplified GST system to foster India's economic growth, advocating for a three-tier structure that reduces complexity, enhances transparency, and benefits both businesses and consumers.
The Economic Times Fibre optics: Rationalize duties to drive indigenous manufacturing & achieve Atmanirbharta
Chinese manufacturers continue to dump their products into India. The Indian government should increase the basic custom duty to 20%, from 15%, to further disincentivise Chinese imports of optical fibre. This would allow the industry to continue its upward growth and make India an optical fibre champion.
The Economic Times Akash Systems signs $27 million deal with NxtGen for diamond cooled AI servers
“We are collaborating with Akash to set an industry benchmark for sustainable AI. Through a combination of Akash’s diamond cooling, waterless liquid cooling, and advanced GPUs from NVIDIA and AMD, we are able to double the performance per watt,” said AS Rajgopal, CEO & MD of NxtGen.
The Economic Times Delhi HC asks SFIO not to take coercive action against Hero Electric Vehicles for now
The Delhi High Court intervened in the Hero Electric FAME II subsidy case. The court halted the SFIO probe. Hero Electric and the Ministry of Heavy Industries will attempt to resolve their dispute. The ministry will report back to the court on December 20. Hero Electric faces allegations of misusing subsidies.
The Economic Times India achieves limited success in capturing 'China Plus One strategy' so far: Niti Aayog report
The US has implemented stricter export controls and higher tariffs on Chinese goods to limit China's growth and expenditure towards technological progress.
The Economic Times Tata Electronics takes a page from Foxconn’s book to go beyond Apple
He said the company was having "good discussions" ongoing with multiple companies like Microsoft, Dell, HP and a number of others - both for assembly and component supply.
The Economic Times India to capture 10-12% of global MedTech market in 25 years: Report
India is projected to significantly increase its global medical technology market share from 1.6% to 10-12% over the next 25 years. The Indian MedTech market, currently at $12 billion, is expected to reach $50 billion by 2030, driven by factors like a growing aging population, rising chronic diseases, and increased healthcare spending.
The Economic Times India's Exicom eyes 50% revenue from EV charger business by 2030-end
EXICOM-India's Exicom eyes 50% revenue from EV charger business by 2030-end
The Economic Times Citigroup rolls out artificial intelligence tools for employees in eight countries
Citi Assist searches internal bank policies and procedures. Citi Stylus, is able to summarize, compare or search multiple documents at the same time. Beginning this month, both tools will be accessible to employees in the US, Canada, Hungary, India, Ireland, Poland, Singapore and the United Kingdom.
The Economic Times Indian rupee on gentle one-way path down, to breach 85/$ in 6 months
The Indian rupee is expected to fall to a new low against the US dollar within six months, despite intervention by the Reserve Bank of India. A Reuters poll forecasts the rupee weakening to around 85.12 per dollar due to a slowing Indian economy, rising US inflation, and capital outflows.
The Economic Times Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal
The domestic startup ecosystem is driving transformative change by democratising business and converting job seekers into job creators, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday.
The Economic Times Jerome Powell says Fed can afford to be a little more cautious
Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell's cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.
The Economic Times As Ambani and Tata lock horns, Indian consumers set to gain
Reliance and Tata are once again competing in the Indian retail market, with Reliance Retail challenging Tata Group's Zudio with its new brand, Yousta. Launched in August 2023, Yousta aims to tap into India's rapidly growing value fashion segment, which is known for offering stylish and affordable clothing.
