| ETCFO Newsletter | Tuesday, October 22, 2024 |
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Daily Newsletter
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Top Stories
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India Inc faces economic uncertainty as the latest earnings report reveals troubling trends in revenue and profit growth. Read here to know the trends...
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This development follows the resignation of Abhishek Agarwal, whose reasons for leaving the company have not been disclosed.
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Half a dozen MNCs are evaluating the potential of IPOs to take advantage of India's strong equity market, which is known for its higher valuations co...
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Aggregate demand in India is expected to recover in Q2 2024-25 due to rising festival demand and improved consumer confidence, supported by an optimis...
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Parties in India Inc are increasingly choosing to settle disputes swiftly and discreetly, avoiding long, expensive courtroom battles. The trend is dri...
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Addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, the oldest and the largest stock exchange in the worl...
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The GST Council's GoM is considering moving 58 goods and 24 services, including luxury handbags, sunglasses, and cosmetic procedures, to a 28% GST sla...
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Officials said Nvidia wants to use India's huge chip designing base and develop an India specific chip. The government is currently thrashing out t...
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RBI has rejected Tata Group's request to exempt Tata Sons from mandatory stock listing. Tata Sons must list by September 2025. Tata Group attempted to...
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Leadership
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Noel Tata, the new Tata Trusts chairman, meets Tata Sons chairman N Chandrasekaran and Prime Minister Narendra Modi, signaling efforts to build relati...
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Business & Fund raising
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Das pointed out that India will require an estimated investment of approximately Rs 32 lakh crore in the renewable energy sector by 2030 to meet its t...
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Sustainability-Linked Bonds (SLBs) in Indian real estate are gaining traction as developers and REITs use them to fund eco-friendly projects. SLBs off...
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Tax
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The GST Authority for Advance Rulings - Rajasthan determined that a softy ice-cream mix primarily comprising sugar, not milk, attracts 18% GST. VRB Co...
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The number of individuals reporting taxable income over Rs 1 crore rose significantly from 44,078 in AY2013-14 to nearly 2.3 lakh in AY2023-24, indica...
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Corporate
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It plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new ...
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Economy
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Speaking about Artificial Intelligence PM Modi said India is powered by two AIs, the second AI that of Artificial Intelligence.
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Retirement fund body EPFO's net new member additions increased 9.07 per cent to 18.53 lakh in August, compared to a year ago, according to payroll dat...
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Indian apparel exporters are expected to see a 9-11 per cent revenue increase in FY25. This growth is due to improved inventory liquidation and a shif...
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Not Just Finance
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China's Foreign Ministry commented on potential talks between Prime Minister Modi and President Xi during the BRICS summit in Russia. Both leaders wil...
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