War 2 box office collection day 7: Hrithik Roshan, Jr NTR film shows no growth midweek, yet to cross ₹200 crore | Bollywood

War 2 box office collection day 7: War 2, the high-octane action thriller from the YRF Spy Universe, saw a dip in collections on its seventh day at the box office. Clashing with Rajinikanth’s Coolie, the film has now seen a considerable dip in collections over the first week. War 2 box office collection day […]

China tech slowdown: Baidu quarterly revenue dips on weak consumer demand; AI bets, robotaxi push offer growth hope

Chinese internet major Baidu reported a fall in quarterly revenue on Wednesday, hit by sluggish domestic consumption even as the company ramped up its artificial intelligence drive and overseas robotaxi ambitions.Baidu posted revenue of 32.7 billion yuan ($4.56 billion) in the April-June quarter, a 4% year-on-year decline, according to its filing with the Hong Kong […]

Call for Streamlined Compliance and GST Reforms to Energize Retail and FMCG Growth, ETCFO

Seeking to cut red tape and speed up expansion plans, top leaders from the retail and FMCG sectors on Wednesday urged the government to simplify compliance processes through a common portal, rationalise GST rates, and streamline licensing norms. Speaking at FICCI’s 14th edition of Massmerize on the theme ‘Make in India: Powering the Future of […]

IKEA to focus on increased sourcing in 2nd growth wave in India | India News

ALMHULT: After putting in over Rs 10,500 crore since 2018 in India, Swedish furniture retailer IKEA is planning a “second wave” of growth in India, focused on accelerated expansion backed by stronger local sourcing and logistics and a deeper omni-channel strategy, said Patrik Antoni, CEO, IKEA India.Discussing the challenges due to the US’s tariff moves, […]

Auto sector drive: Nitin Gadkari sets 5-year goal to make India no.1 globally, highlights Rs 22 lakh crore growth and logistics gains

Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared by The Express Industry Council of India (EICI) and KPMG, Gadkari said the outlook for the express industry is also promising.“The size of Indian automobile […]

Parliament panel seeks higher investment rate & sets 8% growth target; urges reforms in energy and farm sectors

A parliamentary panel has pitched for raising India’s investment rate from 31% of GDP to 35% in order to sustain an ambitious annual growth target of 8% over the next decade. The Standing Committee on Finance, chaired by BJP leader Bhartruhari Mahtab, said a higher investment push, coupled with structural reforms and digital initiatives, is […]

IVCA Secondaries Conference 2025 to Spotlight Liquidity, Continuity, and Growth in India’s Private Markets

The Indian Venture and Alternate Capital Association (IVCA), India’s apex industry body for alternative assets, is set to host the IVCA Secondaries Conference 2025 in Mumbai on 21st August 2025. With Blume Ventures, Foundation Private Equity, Madison India Capital, Morgan, Lewis & Bockius, PwC, TPG NewQuest, and YourNest Venture Capital as partners, the conference […]

GST reforms may lift deficit by 0.2% in short-term; long-term growth to cushion impact: Report

Proposed changes in the Goods and Services Tax (GST) structure could temporarily push up India’s fiscal deficit, but the growth benefits are expected to outweigh the short-term setback, according to an analysis by Emkay Research cited by ANI.The report projects the fiscal deficit rising to 4.5 per cent in FY26 and 4.6 per cent in […]

Economy

Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains outweigh slippage: Report

The government’s fiscal deficit could see a short-term increase due to proposed changes in the Goods and Services Tax (GST) structure, but the growth boost is expected to outweigh the temporary slippage, according to a report by Emkay Research. The report highlighted that the fiscal deficit could widen by 0.1 per cent in FY26E to […]