| ETCFO Newsletter | Monday, October 28, 2024 |
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Daily Newsletter
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Top Stories
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Consumer companies saw mixed performances in the September quarter, with subdued urban demand affecting some, while others like Varun Beverages and Zo...
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Tata Trusts is undergoing restructuring to streamline expenses by eliminating CFO and COO roles, reducing external consultants, and focusing on core p...
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Jensen Huang, CEO of Nvidia, asserts that India has the essential resourcestech talent, a thriving digital economy, and extensive datato become ...
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The steel ministry has begun discussions with the finance ministry on the proposed package, which will be rolled out in different phases, according to...
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JSW Energy emerged as the top bidder for KSK Mahanadi Power, offering Rs 15,985 crore and surpassing Adani Power's Rs 15,885 crore bid. The auction s...
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Joining Flipkart and Reliance Industries, salt-to-software conglomerate Tata Group is set to enter the ever-growing quick commerce sector as customer ...
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Accounting, Legal & Tax
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Delhi's tax revenue from motor vehicle taxes and GST in the first half of 2024-25 is concerning. Motor vehicle tax revenue decreased slightly, while G...
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Policy & Macro
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Since the beginning of the fiscal year, the Reserve Bank has increased its gold stock by 31.6 tonnes, raising its total to 853.6 metric tonnes by Sept...
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Cryptocurrencies pose significant risks to financial and monetary stability, said RBI Governor Shantikanta Das. He emphasized that they could undermin...
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Corporate
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Indian Inc's revenue growth slowed to 5-7% in Q2 of FY25, driven by poor performance in construction, industrial commodities, and agriculture. However...
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India's engagements with Germany and Spain center on niche defense collaborations, FDI, technology transfer, and manufacturing sector boosts. Both cou...
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Shreya Life Sciences in Mumbai exported Dell's advanced PowerEdge XE9680 servers containing Nvidia AI chips to Russia, bypassing Western sanctions. Ma...
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India had signed a contract with Airbus in 2021 to buy 56 C-295 transport aircraft of which 16 were to be directly sent from Spain while 40 had to be ...
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Economy
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New subscriptions to the Employees Provident Fund (EPF) scheme and the National Pension Scheme (NPS) hit their lowest since the start of the fiscal ye...
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External Affairs Minister S Jaishankar highlighted major changes in India's foreign policy over the past ten years. He emphasized the government's foc...
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The Reserve Bank of India (RBI) maintains a positive growth forecast for India's economy, predicting a 7.2% expansion for the year ending March 2025. ...
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