Economy

Core sector growth slowed to 3% in Sept

Output growth of core sectors was 2.4 per cent in September last year | Photo Credit: The government said on Tuesday that core sector growth rate, based on performance of eight key infrastructure, was 3 per cent in September against 6.5 per cent of August. “The production of steel, cement, electricity and fertilizer recorded positive […]

Muhurat trading 2025: How have stock market returns been since last Diwali? Stocks from this sector have done well

The indices recorded nearly 4% decline in the three months after Muhurat trading, whilst showing slight positive movement in both one- and six-month durations. (AI image) Muhurat trading 2025: How have Indian equity benchmark indices, Nifty50 and BSE Sensex, performed since last Muhurat trading? Nifty50 is up around 6.7% from last Diwali.The leading market indicators, […]

GST rate cut impact on apparel retail sector in India, ETCFO

An analysis by Crisil Ratings of 40 organised apparel retailers, accounting for a third of the sector’s revenue, indicates that the recent goods and services tax (GST) rationalisation will add about 200 basis points (bps) to revenue growth of India’s organised apparel retail sector this fiscal, keeping it steady at 13-14% for the second consecutive […]

IT sector outlook: Demand shows early stabilisation; AI productivity gains keep growth muted

India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early […]

GST reforms benefitted sector indirectly: Campari

NEW DELHI: While alcoholic liquor for human consumption remains outside the ambit of GST, recent reforms in this taxation have benefitted the industry indirectly. Campari Group (India) MD Shivam Misra has told TOI that several upstream and allied services in the value chain now carry clarified and, in many cases, concessional, rates. “For route-to-market, this […]

‘Will impact every sector’: China’s new rare earth export curbs to hit Indian manufacturing? ‘Scope of restrictions so vast..’

Industry leaders indicated that China’s restrictions will impact the import of components. (AI image) India’s manufacturing sector, which saw a booster shot when the government announced sweeping GST rate cuts, now faces an operational crisis with China’s latest rare earth export curbs.China’s export restrictions, now including light rare earth magnet components, are expected to deepen […]

Economy

REI Expo 2025 to attract more than ₹1,800 crore investments in India’s biogas sector: IBA

The Renewable Energy India Expo 2025 is likely to attract more than ₹1,800 crore in fresh investment commitments for India’s bioenergy sector, the Indian Biogas Association said on Sunday. The spotlight this year is firmly on biogas as a game-changer for India’s green growth, an Indian Biogas Association (IBA) statement said. According to the statement, […]

BRIC 2025: Ministry of cooperation teams up with Indian Rice Exporters Federation; aim to strengthen rice sector

The ministry of cooperation has joined hands with the Indian Rice Exporters Federation (IREF) for what is set to be the largest rice event, Bharat International Rice Conference (BIRC) 2025, in a bid to strengthen the country’s rice sector. Alongside the conference, three major initiatives will be launched: a Coffee Table Book on Indian Rice, […]

LVMH shares soar 14% on strong China demand: European luxury stocks adds $80 bn, investors cheer sector revival

Shares of luxury giant LVMH had their best day in over two decades on Wednesday, soaring as much as 14% after reporting stronger-than-expected quarterly sales that signalled a possible revival in Chinese demand. The rally added nearly $80 billion to the combined market value of European luxury stocks, according to Reuters report.The world’s largest luxury […]

Growth of India’s Domestic Big Four in the Chartered Accountancy Sector, ETCFO

India’s chartered accountancy sector is seeing increasing workforce concentration in mid-to-large firms, even as single-partner operations dominate numerically. According to the Institute of Chartered Accountants of India (ICAI), as of 1st October 2025, 1,00,138 registered firms employ 1,83,642 professionals, with mid-to-large partnership firms (six or more partners) accounting for over 20% of the workforce. “The […]