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The Economic Times
The Economic Times 59% Indians cite rising inflation as their primary concern before Union Budget: Kantar
Indian consumer sentiment for 2025 reflects declining confidence and evolving expectations, with reduced satisfaction over the budget. Amid slowing GDP growth, consumers call for tax relief and measures against inflation and AI misuse. Concerns over global conflicts ease, while digital payments and interest in electric vehicles rise, highlighting shifting priorities and hopes for economic stability.
The Economic Times Rupee's fall all due to dollar's rise, any RBI intervention can harm Indian exports: Rajan
Former Reserve Bank governor Raghuram Rajan attributes the fall in the Indian rupee to a stronger US dollar and cautions against RBI intervention, which could harm Indian exports. He also emphasizes the need for policymakers to focus on creating jobs and boosting household consumption to ensure sustainable economic growth.
The Economic Times AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030
This investment is estimated to contribute $15.3 billion (over ₹1.32 lakh crore) to India’s gross domestic product (GDP) and support more than 81,300 full-time jobs annually in the local data center supply chain by 2030.
The Economic Times Deloitte India, Red Hat collaborate to drive enterprises’ digital transformation
The companies seek to create an ecosystem to offer enterprise-grade solutions for IT automation, cloud-native development and DevOps practices, said Deloitte India and Red Hat.
The Economic Times Tata Group is the 2025 most valuable brand in India, Apple most valued in the world: Brand Finance
Tata Group has retained its top spot among Indian brands in the Global 500, while Infosys and LIC have shown significant growth. Other Indian conglomerates like Reliance, L&T, and Mahindra also marked their presence. Globally, Apple leads with Microsoft following. Indian banking and other industries have entered the rankings, reflecting India’s growing global influence.
The Economic Times India's construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech
India's construction sector, which is growing exponentially, is projected to reach $1.4 trillion by 2047, according to Shailesh Kumar Agarwal, Executive Director, Building Materials and Technology Promotion Council under the Ministry of Housing and Urban Affairs.
The Economic Times India watchdog faults probe of Foxconn hiring, orders new inquiry
Indian labor officials visited the Foxconn plant in July and questioned executives about employment practices, but did not make their findings public.
The Economic Times Paras Defence to invest Rs 12,000 cr to set up India's first optics park in Maharashtra
Paras Defence plans to invest Rs 12,000 crore to establish India's first optics park in Maharashtra by 2028, with completion expected by 2035. The project, supported by the Maharashtra government, aims to enhance technological independence in key sectors, creating over 2,000 direct jobs and strengthening India's global innovation position.
The Economic Times Union Budget 2025 may introduce changes in income tax slabs: Nomura report
Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-2026, predicting that the government may introduce changes to the personal income tax slabs to encourage consumer spending.
The Economic Times Budget 2025 income tax: Top tax reliefs FM Sitharaman should consider in Union Budget
Budget 2025 income tax expectations: The Union Budget 2025 is expected to simplify existing tax provisions and introduce reforms to boost consumption amidst rising living costs and inflation. Key expectations include increasing the income tax rebate, revisiting limits of deduction under Sections 80C and 80D, enhancing housing tax breaks.
The Economic Times NDA 3.0 must use political capital to implement structural reforms in upcoming Budget: D Subbarao
Former RBI Governor D Subbarao urges the NDA 3.0 government to leverage its political capital for structural reforms to drive growth and job creation in the upcoming Union Budget 2025-26. He highlights the importance of reducing inequality, boosting MSMEs, and labor-intensive exports, and addressing rupee's valuation to enhance export competitiveness and overall economic growth.
The Economic Times Bharat Petroleum Corp sees March Russian oil intake down 20% as it awaits offers
India's Bharat Petroleum Corp projects a decline in Russian oil processing to 20% in March from 31% in February due to unclear supply conditions. The company copes by sourcing alternatives and expanding tenders, as state refiners face disruptions from sanctions affecting Russian oil and tanker availability.
The Economic Times Bid amount exceeds RBI offer for 1st time in daily VRR auction
On Wednesday, the Reserve Bank of India (RBI) received bids worth Rs 1.72 lakh crore, 38% higher than the notified amount of Rs 1.25 lakh crore, in the daily Variable Rate Repo (VRR) auction. The surge in bids was driven by higher GST outflows and liquidity pressures. The RBI will inject Rs 1.25 lakh crore on Thursday.
The Economic Times RBI expected to transfer another bumper payout to govt, analysts say
India's central bank is likely to make a substantial dividend payout to the government, estimated at up to 2 trillion rupees, following interventions to support the rupee. This windfall comes as the government looks to offset weak tax revenues and sluggish private investment. The Reserve Bank of India's dollar sales have been profitable due to previously lower acquisition rates.
The Economic Times India is in the middle of a cyclical slowdown; Nifty earning growth in FY25 to be slowest post Covid: Pankaj Murarka
India is facing a cyclical economic slowdown with growth predicted at 6.5% this year, down from 8% in FY24. Pankaj Murarka, CIO of Renaissance Investment, sees modest recovery ahead and the slowest earnings growth for Nifty Index companies in five years at about 8-9%. He is shifting investments from engineering and capital goods to private sector financials and IT.
