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The Economic Times
The Economic Times Indian fintech sector 3rd largest globally-funded ecosystem, raises $1.9 bn in 2024
The Indian fintech sector raised $1.9 billion in 2024, keeping its position as one of the top three globally-funded fintech ecosystems last year, behind the US and the UK, a report showed on Monday.
The Economic Times In the rough: India’s Gem and Jewellery industry loses shine, pins hope on budget
Industry experts seek initiatives that can uplift the sector, elevate exports and position India as a global trading hub for diamonds and coloured gemstones.
The Economic Times India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report
Inflation in the country is likely to stabilize at an average of 4.3-4.7 per cent in the financial year 2025-26 (FY26), according to a report by PL Capital.
The Economic Times Budget 2025: Plan afoot to decarbonise power, steel
India is developing a national CCUS mission to decarbonize sectors like thermal power and cement. The mission, expected to be announced in the February budget, aims to halve carbon emissions by 2050 and achieve net-zero by 2070, with incentives for CCUS technology and lower emissions.
The Economic Times Bumper Apple crop! India’s iPhone exports pass Rs 1 lk cr
Apple has reached over ₹1 lakh crore in iPhone exports from India in 2024. Exports hit a record $12.8 billion, up 42% from the previous year. Local value addition increased to 15-20%, and domestic production surged nearly 46%. Apple secured $9 billion in exports in 2023, benefiting from the PLI scheme for smartphones.
The Economic Times Amnesty Scheme for customs may be announced in Budget 2025-26 to reduce litigation: Experts
There are estimates that over 40,000 cases were pending in various courts and tribunals pertaining to customs duty alone. Another consultancy firm EY India said customs litigations are pending at various forums for a very long time and the same require time and effort to be spent by both the taxpayer and the government in resolving them.
The Economic Times SC stays GST action against e-gaming cos
Market players saw the SC stay as a relief for online gaming companies, which had received show-cause notices alleging GST evasion of Rs 1.1 lakh crore. As the GST Act allows govt to impose a penalty of up to 100% of the tax demand, the total liability could potentially be Rs 2.3 lakh crore
The Economic Times Infosys likely to start rolling out pay hike letters in February
The hike is for the appraisal period from September 2022 to October 2023, for which eligible employees received their rating letters in December 2023.
The Economic Times Companies rushing to hire consultants, but not in traditional way
Indian companies are drawing professionals from top consulting firms with competitive pay to drive their growth. Major conglomerates are hiring these experienced professionals for roles requiring decision-making and strategy expertise. There is a high demand for individuals with extensive consulting experience as companies expand into new business areas and seek transformation.
The Economic Times Flipkart may lead $35-40 million round in its Super.money
Super.money, started by Flipkart senior executive Prakash Sikaria, is among the big focus areas at Flipkart for its financial services and lending business and has emerged as one of the fastest growing Unified Payments Interface (UPI) apps.
The Economic Times Need to see TCS Q3 show in larger macro context: CEO K Krithivasan
Tata Consultancy Services (TCS) chief executive and managing director K Krithivasan spoke to us about the company’s third quarter earnings, which were below expectations, technology spends, and more. Edited excerpts:
The Economic Times PepsiCo names Nitin Bhandari as beverages chief
PepsiCo India has appointed Nitin Bhandari as the new head of its beverages business, effective from March 31, 2025. He will succeed George Kovoor, who is retiring to pursue other interests. This change comes amidst intense competition in the soft drinks market, with significant developments in the bottling partnerships of both PepsiCo and Coca-Cola in India.
The Economic Times India's M&A activity sees 38% jump in CY24, $35 billion IPO pipeline
India's M&A activity surged by 38% in CY24, reaching $109 billion, driven by Indian conglomerates and global private equity investors. The equity capital market fundraising reached $74 billion, with an active IPO pipeline. MNCs increasingly prefer India as a monetization route.
The Economic Times Kumbh Mela: India Inc. turns holy dips into marketing goldmines
Companies are spending 70% of their marketing budgets on the Kumbh Mela, focusing on six holy dips. They are using digital innovation, social media, and influencer collaborations to engage with the mass gathering of pilgrims. Businesses aim to gain visibility and reach tier 2 and 3 city consumers, as well as international visitors.
The Economic Times Union Budget 2025 should focus on job creation, consumption push and PLI for MSMEs
At an ETCFO panel discussion on the expectations from the Union Budget, corporate leaders and experts say key reforms are needed to power the economy, address wage stagnation and urban employment challenges.
