Throughout the year, the US dollar strengthened against most major currencies. It gained 11.1% versus the Japanese yen, 3.1% against the South African rand, 27% versus the Brazilian real, 22% against the Mexican peso, 13.7% versus the Korean won, 4.5%…
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Union Budget 2025: India’s economy in 2025 hinges on the Union Budget, presented by Finance Minister Nirmala Sitharaman, to address slowing growth, high inflation, and faltering private consumption. The budget aims to cut income tax, boost infrastructure spending, and maintain…
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As 2024 ends, ET engages top Indian corporate leaders to share insights on their use of AI tools in personal and professional spheres. Reflecting on AI’s rapid growth since ChatGPT’s 2022 launch, they discuss its impact on businesses and everyday…
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CCI has approved the acquisition of certain shareholding in Fourth Partner Energy by IFC, ADB, and DEG to support its expansion in renewable energy. Additionally, CCI cleared Mars Inc’s $35.9 billion acquisition of Kellanova, a leader in global snacking and…
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The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid loans. An additional ₹13,000 crore compensation may be required after reconciling audited accounts. The Centre is confident cess…
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The Centre intends to consult with states to curb excessive taxation on mining operations, addressing concerns from the sector. This follows a Supreme Court ruling allowing states to impose additional taxes, as seen with Karnataka’s new levies. The meeting will…
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