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The Economic Times FPIs infuse over Rs 38,000 cr in equities in March so far amid strong domestic economic outlook

​FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook.

The Economic Times Hiring of women in C-suite roles going up: Survey

Widening the talent pool, empowering women to access leadership roles and creating a more inclusive work environment, can drive better business outcomes, said experts.

The Economic Times DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

"I think a combination of different policy choices that have been made make India quite an attractive investment destination. In addition to the digital public infrastructure that creates an enabling environment from a technological standpoint, you also have changes in the bankruptcy law and taxation code adding clarity," he said.

The Economic Times India wants WTO bodies to prioritise finance access, food security, tech

India has urged for the prioritization of several key issues in discussions within the World Trade Organization (WTO), including access to finance, manufacturing concentration, food security, and reducing transaction costs in international trade and services. New Delhi emphasized the need to address trade issues that disproportionately affect developing countries, such as access to technology, bridging the digital divide, and supply chain resilience.

The Economic Times NPA levels fall among majority of banks in last six months, finds FICCI-IBA survey

Over half of the respondent banks projected Gross NPAs to be in the range of 3-3.5 per cent over the next six months, with 14 per cent anticipating levels between 2.5-3 per cent.

The Economic Times Public sector banks' dividend payout may exceed Rs 15,000 crore in FY24

PSBs are projected to pay a dividend exceeding Rs 15,000 crore for FY24 due to increased profitability. The RBI is proposing new rules for dividend declarations based on NNPA ratios and total capital adequacy.

The Economic Times Dixon’s largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: CFO Saurabh Gupta

Saurabh Gupta of Dixon Technologies foresees a $10 billion IT hardware opportunity for India. Emphasizing import substitution, a growth rate of 35-40% annually, and the importance of the PLI scheme, Dixon aims for 20-25% revenue from exports in five years.

The Economic Times NPCI arm, banks and fintechs in talks for net banking synergies

The Reserve Bank of India (RBI) had on March 4 approved implementation of an interoperable payment system for internet banking transactions by NBBL, a subsidiary of National Payments Corp. of India (NPCI).

The Economic Times Banks get ready to count int'l credit card spend in liberalised remittance scheme

Under the belief that reissuing the specific notification may not go against the model code of conduct, many banks are preparing to integrate their systems with the RBI’s for capturing the card spend information of individual customers during personal foreign tours.

The Economic Times More Indians scale Mt Rs 1,000 cr as Chinese slip, Europeans lag

According to the Hurun India Rich List 2023, there are 1,319 individuals with wealth over Rs 1,000 crore in the country, marking an increase of 216 individuals and 278 new entrants. This is the first time the list has surpassed the 1,300 mark, recording a 76% increase over the last five years.

The Economic Times India plans to shift from minimum wage to living wage by 2025

Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in key social expenditure by an individual such as housing, food, healthcare, education and clothing – were endorsed by the ILO earlier this month. These would be higher than basic minimum wages. “We could go beyond minimum wages in a year,” a senior govt official told ET.

The Economic Times RBI plans a special audit for breaches by IIFL Finance, JM Financial Products Ltd

RBI initiates special audit for IIFL Finance Ltd and JM Financial Products Ltd due to gold loan concerns. Inspection revealed deviations in gold assaying. Auction process impact customers' interests. Loan restrictions imposed by RBI.

The Economic Times Government not in favour of regulatory intervention in stock markets: Report

In February, the market regulator Securities and Exchange Board of India (SEBI) had asked the Association of Mutual Funds in India (AMFI) to put in place a framework to regulate the flows into the midcap and smallcap funds which have been unprecedented in the last one year. Read more here:

The Economic Times Cash-rich NBFCs lure banking professionals for CXO roles amid rapid growth

Leading NBFCs are attracting top CEO and CXO talent from major Indian banks like ICICI Bank and HDFC Bank. Recent moves include executives joining Poonawala Fincorp and L&T Finance, reflecting the sector's rapid growth.

The Economic Times India's inflation, growth at risk from Red Sea crisis-driven oil price rise, govt says

India's economy faces inflation and growth risks due to rising oil prices from Red Sea disruptions. Key trade routes impacted. High costs and delays could lead to pricier imports and affect export competitiveness. Diversifying trade routes necessary. Despite challenges, government predicts positive close to financial year. Inflation outlook optimistic, GDP growth estimate raised to 7.6%.