ECONOMICS DEFINITION
BJP alliance's state win to fuel market optimism: Ajay Bagga
Market expert Ajay Bagga analyzes the implications of the recent election results in Maharashtra, highlighting the positive impact of policy continuity and political stability on investors. He discusses the effectiveness of welfare schemes, the challenges of job creation, and the need for farm sector reforms over loan waivers.
Capex companies will face a longer winter than consumer companies: Ajay Srivastava
Ajay Srivastava, CEO of Dimensions Corporate, believes that while the Indian market has faced difficulties, a reversal is underway. He sees positive signs in retail sales, particularly in sectors like two-wheelers, appliances, hotels, and aviation. However, he cautions that capex companies may experience a slower recovery due to limited government spending.
Low-tech jobs in rural India will spur economic growth: NR Narayana Murthy
NR Narayana Murthy, founder of Infosys commented on a range of subjects in an interaction with ET¡¯s Puran Choudhary and KR Balasubramanyam ahead of the Infosys Science Foundation¡¯s announcement of winners of Infosys Prize.
High tariffs: These 23 everyday items to become more expensive when Donald Trump takes office on January 20, 2025
Donald Trump's Presidential tenure will begin in a couple of months, and with the start of it, the prices of some major everyday-use products is being projected to go off the charts, something that is already worrying middle-income households in the United States. What could this mean for the overall market scenario?
UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment
British Treasury chief Rachel Reeves announced a tax increase of 40 billion pounds to address public finance deficits and fund growth projects. The Labour Party's first budget in 14 years prioritizes investment in health, education, and infrastructure. The goal is to restore stability and stimulate the economy after years of Conservative governance.
Call for entries: Apply now for the ET MSME Awards 2024
The search is on to reward India¡¯s exemplary Micro, Small, and Medium Enterprises at the fifth edition of India¡¯s largest MSME awards.
Waaree Energies projects 30% revenue growth from rooftop solar in next five years
Waaree Energies expects rooftop solar (RTS) to form at least 30% of its revenue in the coming years, aided by initiatives like PM Suryaghar Muft Bijli Yojana. CEO Amit Paithankar emphasizes capacity expansion, local R&D, and policy support to meet future RTS demand.
It's Indian century but we should not be too complacent: Economist Jagdish Bhagwati
Leading economist Jagdish Bhagwati asserts that this is the Indian century under Prime Minister Modi¡¯s leadership, urging for cautious optimism. He highlights the need for flexibility amid rising trade protectionism, suggesting multiple trade partnerships to ensure economic stability and avoid overdependence on any single nation.
How economic and strategic alliances are changing in a multipolar world
Global power dynamics are shifting, with the US choosing between isolationist Trump and internationalist Harris for leadership. The G-7's stance against Russia and China contrasts with the expanding BRICS. Japan and South Korea face economic decisions amid US-China tensions. In Latin America, Brazil's Lula and Argentina's Milei represent opposing economic strategies.
Haryana win proves BJP is not on the back foot; throws open Maharashtra election: Swaminathan Aiyar
Swaminathan Aiyar evaluates the BJP's success in the Haryana Assembly elections despite a prior general election setback. He emphasizes factors like candidate choice and vote distribution as crucial reasons for the BJP's win. Aiyar also discusses the broader implications for the BJP, analyzing market reactions, populist promises, and upcoming elections in Maharashtra.
?Why are Indonesian women opting for 'illegal' pleasure marriages with tourists?
In Indonesia, a troubling trend has emerged where women enter into temporary marriages with tourists for financial support, known as "pleasure marriages." This practice, rooted in economic hardship, is illegal but continues to thrive, raising concerns about the exploitation of vulnerable women. As local tourism benefits, the ethical implications and legal challenges surrounding this industry spark significant debate.
GoI 'vs' RBI, a polite policy debate
The current Chief Economic Advisor (CEA) V Anantha Nageswaran has sparked a debate on India's inflation-targeting framework. He suggests that the Reserve Bank of India (RBI) should focus on 'core inflation' rather than 'headline inflation'. This debate could influence future monetary policy and might lead to changes in the RBI Act.
ETSA 2024: Comeback Kid winner Rentomojo eyes IPO in next 18 months
ETSA¡¯s ¡®Comeback Kid¡¯ category winner Rentomojo¡¯s founder Geetansh Bamania talks about weathering storm. Rentomojo turned profitable in FY23, and has stood out among competitors that have faced difficulties in making unit economics work in a sector ¡ª that Bamania says is akin to "trekking and not a marathon" because of the depth of the industry.
5 career avenues to pursue after completing BA (Hons) Economics & how much they pay
BA (Honours) Economics remains in high demand due to its comprehensive curriculum covering various economic aspects. Graduates can pursue roles such as economic consultant, investment analyst, actuarial analyst, auditor, and economic writer. These positions offer promising opportunities in both public and private sectors with competitive entry-level salaries.
India¡¯s SaaS promise, challenges and opportunities: ET Soonicorns Summit 2024 to bring together industry leaders and innovative disruptors to outline the future
At the ET Soonicorns Summit 2024, on 20 September, take ownership of your startup journey as we pave the path for a resurgence after a steadfast focus on resilience showcased by the Indian startup ecosystem. If you are a stakeholder in the Software-as-a-Service space, here¡¯s why you should not miss the panel, ¡®Expanding the Indian SaaS Footprint at Home and Abroad: Scaling Strategies to Achieve the $37B Target. Gear up to access cutting-edge insights and strategies. Register now as seats are limited. Bengaluru beckons you!
We can definitely restore peace, Manipur is home to 34 tribes and we all must stand together: CM Biren Singh
Manipur Chief Minister N Biren Singh reiterated his commitment to restoring peace, emphasizing the unity of the state's 34 recognised tribes. He attributed ongoing unrest to external elements and urged all communities to work together for a united India. Despite recent challenges, Singh expressed confidence in Manipur's future and highlighted efforts to support those affected by violence. He also mentioned infrastructure projects and plans for the National Sports University.
As the Indian economy grows, a new definition of defensive stocks is required? 8 stocks from 2 sectors with upside potential up to 31%
On two significant days, first the election results on June 4th and second, last Monday, when there was a sharp sell off in global markets, on both the days, while Nifty and broader market was under severe pressure, it was FMCG stocks, which were able register gains. Explanation was the same old, that money is moving to defensive stocks. While moving to defensive stocks trade which has been taking place for some time. But there is a fundamental question. Given the fact that the Indian economy has changed and new sectors have emerged, whose growth is better and also stable, should FMCG stocks be considered defensive stocks ? The reason why it is important to understand this is the fact that over the next few quarters volatility might be high and there will be phases where this defensive stock trade might come and one should be prepared for it. Also their numbers are clearly indicating that time to make a shift has come.
U.S heading for a recession? Here are all the key indicators that point towards it
Despite a 2.5% U.S. GDP growth, concerns about global economic impacts from China's slowdown have been rising for weeks.
Budget 2024: What is a Populist Budget and why is it controversial?
A populist budget is a fiscal plan focused on immediate public appeal through measures like tax cuts and social spending increases. Criticized for prioritizing short-term benefits over long-term economic stability, such budgets can lead to fiscal deficits, inflationary pressures, and disparities in resource distribution, while potentially undermining independent economic institutions.
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