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The Economic Times
The Economic Times More bosses want employees back in the office. Like, now
Dell's remote work promotion halt reflects WFH-WFO shift. Companies push in-office work due to constraints. Market rebound may prompt job changes. Remote work value highlighted.
The Economic Times Young Indians' online purchases pay off for credit card companies
Credit card transactions jumped 30% to ₹1.7 lakh crore in January, with ecommerce and bill payments driving the surge. The younger generation's online purchases, benefitting from schemes like BNPL and EMIs, defied regulatory restrictions.
The Economic Times Electoral Bond data: Five key takeaways on corporate funding of political parties
The electoral bond data showcases evolving corporate funding trends for political parties, with new entrants impacting financial support dynamics among major players like BJP, INC, and Trinamool Congress.
The Economic Times FY25 outlook bright, need to watch out for CAD: Finmin
India's economic outlook for FY25 is positive with strong growth, stable inflation, and robust external account. The government's capital push boosts private investments. Focus needed on increasing domestic savings, monitoring global challenges, and attracting foreign investments for sustainable growth.
The Economic Times India reaches out to multilateral development banks to draw road map for becoming developed nation by 2047
The finance ministry held a meeting with multilateral lenders on March 7 and sought their inputs on what it termed a "budget-plus and finance-plus" strategy, which would essentially cover the entire spectrum of project execution and go beyond just planning and financing, people aware of the details told ET. The ministry has reached out to various multilateral bodies to help mobilise other development finance institutions (DFIs) and investors, they said.
The Economic Times Hindustan Zinc may put off demerger
In a letter to the mines ministry this month, HZL said it wouldn't push ahead with any demerger proposal that the government disapproves of and that it would take the Centre on board while adopting such a plan, people aware of the details told ET. "The matter is going to be put off, although the company would take a formal decision in due course," one of them said.
The Economic Times RBI readies framework for SROs
India's central bank sets guidelines for SROs including grievance redressal mechanisms, non-discriminatory fees, and adherence to regulatory standards to ensure fair and transparent operations in various sectors.
The Economic Times Online gaming continues to grow, but GST change to “moderate” monetisation: report
According to a report from real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council, India currently has about 560 million gamers, of whom 144 million paid for games in 2023
The Economic Times Flipkart tweaks merit approach, converts hikes into payouts
In effect, employees will get two lump sum payments in April and October this year, equivalent in value to the salary increase that would have otherwise been paid out throughout the year. About 19,000-20,000 employees would benefit from this, a Flipkart executive told ET.
The Economic Times Income Tax dept asks many individuals to explain high value transactions of FY20-21 as Updated ITR deadline nears
The deadline to file updated income tax return (ITR-U) is March 31, 2024 for FY 2020-21 . In light of this deadline, the tax department is sending intimation to taxpayers urging them to check the AIS/Compliance portal regarding identified specified/high value transactions. If an individual is not being able to explain these transactions or give a satisfactory response, income tax notice will be sent.
The Economic Times Shapoorji Pallonji Group seeks up to $2.4 billion from lenders
The group, controlled by Indian billionaire Shapoor Mistry, has reached out to Power Finance for up to 150 billion rupees, the largest chunk in the planned fundraising, the people said, asking not be identified because the details are private. Negotiations are ongoing and details of the lending could change, they added. It’s also gauging interest from Davidson Kempner Capital Management and Cerberus Capital Management LP, the people said.
The Economic Times MV Rao, MD & CEO of Central Bank of India, appointed as IBA chief
Further, the committee has also appointed three Deputy Chairmen of the association. Further, Madhav Nair, Country Head and CEO, Bank of Bahrain and Kuwait, would be Honorary Secretary of the Association.
The Economic Times M&M, Adani Total Energies join hands to set up EV charging infra
Mahindra & Mahindra collaborates with Adani Group's Adani Total Energies E-Mobility Limited to expand EV charging infrastructure, benefiting XUV400 owners. The partnership focuses on enhancing customer experience, energy transition, and meeting climate action goals.
The Economic Times Complete electoral bond data made public: Megha’s Rs 600 cr to BJP single biggest donation
This emerged from analysis of data provided by State Bank of India (SBI) on electoral bonds as directed by the Supreme Court. The information was passed on by the bank to the Election Commission of India (ECI), which posted the data on its website Thursday evening. Read on to know more:
The Economic Times India to play a larger role in globalisation in coming decades
India has emerged as a bright spot on the global map and the world is looking at India with a big hope. While the lead economic indicators are showcasing remarkable improvement, the recent study also shows that India will be an integral part of globalisation in the coming decades.
