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The Economic Times
The Economic Times India's Economy Slows Down Just When It Was Supposed to Speed Up
India's Economy Slows Down Just When It Was Supposed to Speed Up
The Economic Times Indian economy to grow 6.5-6.8% in 2024-25 fiscal, projects Deloitte
Deloitte India revised its 2024-25 GDP growth projection to 6.5-6.8% amid global trade uncertainties. The economy faces challenges with lower-than-expected Q2 growth (5.4%), lagging government capex, election uncertainties, and high inflation. However, strong rural consumption and a thriving services sector show resilience.
The Economic Times Hero Cycles to announce $1 billion investment soon, says MD Pankaj Munjal
Pankaj Munjal, Managing Director of Hero Cycles, announced the company's impending billion-dollar investment. During the World Economic Forum in Davos, he hinted at entering the electric vehicle category. Additionally, Union Minister Chirag Paswan declared a USD 250 million investment from AB InBev in India's beverage sector, reflecting rising investments in India.
The Economic Times Reliance Consumer Products set to buy SIL's brands to spice up play; plans to compete with HUL, Cremica & Tata
Reliance Consumer Products (RCPL) is set to acquire SIL, a packaged foods brand known for products like cooking pastes, jams, and sauces. The acquisition will enable RCPL to expand its national distribution and compete with major players such as HUL and Tata Consumer. RCPL aims to offer competitively priced products and enhance trade margins for retailers.
The Economic Times Quick commerce startup Zepto in talks to raise IPO size to $800 million-$1 billion: sources
Quick commerce company Zepto is considering increasing the size of its public offering from $800 million to $1 billion, including secondaries, sources told us. In recent weeks, CEO Aadit Palicha discussed Zepto’s listing plans with top mutual funds.
The Economic Times Trump's exit from global tax deal not to hit India from tax collection standpoint: Experts
The Trump administration's decision to withdraw from the OECD's global tax deal will impact international consensus on a global minimum tax, but India remains unaffected. Experts note that the US exit will disrupt countries already adopting the Global anti-Base Erosion Model rules. With India's cautious approach and recent tax amendments, it faces minimal direct consequences.
The Economic Times Optimistic about India-US trade, economic ties under Trump: India Inc
Trump, who took oath as the 47th President of the US on Monday, said, "If the BRICS nations want to do that, that's okay, but we're going to put at least a 100 per cent tariff on the business they do with the United States."
The Economic Times India Inc revenue growth slows to 4-6% in December quarter
India Inc’s revenue growth for the quarter ended December 2024 is estimated to have declined by 80-90 basis points year-on-year to 4-6%, according to an analysis of over 400 companies accounting for nearly half of the listed market capitalisation.
The Economic Times India ranks among top 5 global investment destinations, CEOs bullish on growth, AI: PwC survey
India remains a leading global investment destination, but can CEOs hold onto their optimism amid challenges such as AI integration and climate change? PwC’s latest survey sheds light on India’s business outlook, revealing key trends and challenges. Here's a closer look.
The Economic Times Govt disburses Rs 1,596 cr in six PLI schemes during April-September quarter of FY25
The government has disbursed Rs 1,596 crore under the PLI schemes for six sectors, including electronics and pharma, in the first half of the fiscal year. The schemes aim to boost investments and enhance global competitiveness. A total of Rs 9,721 crore has been disbursed till 2023-24, resulting in significant investments, production, employment, and exports.
The Economic Times IT's all about the small deals for big gains
Large IT firms reported growth in the Dec quarter driven by small and mid-sized deals. Firms like HCLTech and TCS noted a shorter deal decision-making cycle. HCLTech saw a 9% quarter-on-quarter increase in annual contract value. TCS signed deals worth $10.2 billion, indicating significant growth in small deals compared to larger deals.
The Economic Times "IPO documents must provide enough information to assess pricing," says SEBI Chief Madhabi Buch
SEBI Chairperson Madhabi Buch has highlighted the importance of providing sufficient information in Initial Public Offering (IPO) documents, particularly regarding pricing, to enable investors to make informed decisions.
The Economic Times India should reciprocate if US imposes additional duties on domestic goods: Trade experts
Trade experts assert India should respond firmly with equal measures if the US under President Donald Trump imposes higher tariffs on Indian goods. India's past retaliatory duties on US products like apples demonstrate its capacity to protect trade interests while maintaining balanced responses.
The Economic Times Why stock market is falling today: Sensex crashes 1,300 pts; Nifty sinks below 23K; 5 factors behind today's crash
Stock market crash today: Sensex and Nifty experienced significant declines due to heavy selling in major stocks like Reliance and Zomato, coupled with investor uncertainty over U.S. President Donald Trump's tariff policies. Earnings slowdown and continued FII selling also contributed to market volatility and declining consumer durables and realty stocks.
The Economic Times Budget 2025: Change the game of trade as Trump returns to US throne
Union Budget 2025 presents a strategic opportunity for India to address foreign trade concerns amid potential threats from Donald Trump's policies. Experts suggest boosting domestic manufacturing, simplifying custom duties, and expanding Production-Linked Incentives (PLIs). Strengthening trade pacts and diversifying export destinations can position India as a viable alternative in global supply chains.
