PM Modi, President Subianto discuss enhancing economic ties, energy security, digital infra development, ET Infra
NEW DELHI: India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers’ Forum (BMTF), with a view to addressing existing trade barriers. Prime Minister Narendra Modi and Indonesian President
Policybazaar parent to invest Rs 860 crore for 25% in PB Health
MUMBAI: PB Fintech, the parent company of Policybazaar, will invest around Rs 860 crore for a 25% stake in PB Healthcare, which will set up hospitals with a capacity of 1,000 beds in the first year to provide captive services to buyers of policies with managed healthcare. The objective of
Equity MF inflows more than double to nearly Rs 4L crore in 2024
NEW DELHI: Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).Despite the strong performance in
United G20 can navigate geopolitical tensions: Kant
India stands to gain significantly from its presidency of the G20, says Amitabh Kant, the country’s G20 Sherpa. In his latest book “How India scaled MT G20,” Kant recounts the enormous efforts, including intense negotiations that were mounted to make it a success. In an interview to TOI, Kant talks
Falling Rs, rising US bond yields fuel FPI exodus, Rs 64k crore taken out in Jan
NEW DELHI: The exodus of Foreign Portfolio Investors (FPIs) from the Indian equity markets continues unabated, as they have withdrawn Rs 64,156 crore ($7.44 billion) so far this month, driven by the depreciation of the rupee, a rise in US bond yields, and expectations of a tepid earnings season.This comes
Auto exports rise 19% on demand revival in emerging markets: Siam
New Delhi: Automobile exports from India rose 19% year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to Siam data. Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023. “Last year saw revival in demand for
Kerala readies for a logistics boom
Kerala’s logistics sector is on the threshold of a major expansion with domestic and overseas firms evincing interest in setting up parks and warehousing facilities in Kochi and its suburbs, promising to turn the city into a logistics hub for south India. The interested firms include the US-based Panattoni for
Demand revival in emerging markets aids automobile exports grow 19% in 2024
Automobile exports from India rose 19 per cent year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to SIAM data. Overall shipments rose to 50,98,810 units last year, up 19 per cent from 42,85,809 units exported in 2023. “Last year saw revival in
Budget 2025: Insurance industry awaits big push with GST waiver on health cover, annuity plans
Insurance industry is awaiting a big push in the upcoming Union Budget 2025-26 by way of waiver of GST on premiums of health insurance and annuity plans, a separate tax deduction for term insurance and life insurance premium under the new tax regime. There has also been expectation of removal of the
L&T academy churns out tunnelling workforce
At Larsen & Toubro’s Tunnelling Excellence Academy (TEA) in Kancheepuram, Sekar (name changed), wearing goggles and a helmet, keenly observes his instructor describing the working of the massive tunnel boring machines (TBMs) used to drill underground metro rail corridors. He and the other trainees at the academy will soon join