I do not think the animal spirits in the private sector have gone down. I do not think the risk-taking ability of Indian entrepreneurs is low. At the opportune moment, you will see the capacity building happening.” says Sanjiv Mehta, CEO, Hindustan Unilever Ltd. at the ET CEO Roundtable. [Disclaimer: This story was automatically generated … Read more
Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per cent of the revised target for the full financial year, the Central Board of Direct Taxes (CBDT) said on Saturday. The growth in direct tax mop-up, which comprises personal income tax and corporate … Read more
World Economic Forum 2023 Davos: Indian banking system is capable of supporting any economic growth notwithstanding the current blips in deposit growth, Axis Bank’s Managing Director and Chief Executive Officer Amitabh Chaudhry told Journalpur Business Executive Editor Swati Khandelwal on the sidelines of World Economic Forum 2023 in Davos. #JournalpurAtDavos If the economy grows, deposits will … Read more
India is among a handful of nations that have launched Central Bank Digital Currency (CBDC). Some risks, mainly cyber, are associated with CBDC, although its introduction seeks to facilitate transactions. RBI Digital Currency: RBI Digital Currency Launch: The Risks, Rewards, and Use Cases [Disclaimer: This story was automatically generated by a computer program and was … Read more
GST collections for November stood at Rs 1,45,867 crore, up 11 percent year-on-year, according to data released by the Finance Ministry on Thursday. GST monthly income has been more than Rs 1.4 lakh crore for nine consecutive months. [Disclaimer: This story was automatically generated by a computer program and was not created or edited by … Read more
The Reserve Bank will launch the first pilot for the retail digital rupee (e?-R) in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and will later expand it to nine more cities in the initial phase. Is it UPI or is it cryptocurrency? ET NOW’s Vinnii Motiwala explains CBDC, its uses and much more. … Read more
India Inc, which has weathered a series of bad news in recent years, is holding its own even as inflationary pressures and tighter monetary policies have dampened global growth. The ratings summary released by Crisil Ratings in October 2022 highlighted a positive credit quality outlook for India Inc stemming from resilient domestic demand, continued infrastructure-led … Read more