economybharat.com

Credit-led consumption helps companies boost sales in rural India, ET Retail

India’s traditionally cash-dominated smaller towns and rural areas are witnessing an increase in credit-driven consumption, spurred by deeper penetration of consumer financing and new bank account openings under the government’s Pradhan Mantri Jan Dhan Yojana (PMJDY). For instance, credit-led purchase of two-wheelers in rural India at 62% has outpaced urban (58%) so far this fiscal […]

Union Minister Piyush Goyal, ET Retail

Commerce and industry minister Piyush Goyal Actual investments under the Production Linked Incentive (PLI) schemes were Rs 1.46 lakh crore till August and expected to increase to Rs 2 lakh crore in the coming years, commerce and industry minister Piyush Goyal said Sunday. This has resulted in production/sales worth Rs. 12.5 lakh crore and employment […]

Form 8.3 – Anglogold Ashanti Plc

FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)   1. KEY INFORMATION   (a) Full name of discloser: Ninety One UK Ltd (b) Owner or controller of interests and short positions disclosed, if […]

FPT Forges Partnership with Ascending Strategies, Strengthening Presence in Australasia Market

Hanoi, Vietnam:   Global technology corporation FPT and Australian strategic consultancy firm, Ascending Strategies, recently inked a partnership agreement. The collaboration is set to foster innovation and business development across the Australasia region.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003265492/en/   (Photo: […]

AI to have sizeable impact on labour market, may pose a threat to prosperity: FM Sitharaman

Even as India’s economic performance is credible, there are certain challenges, including geopolitical challenges and the advent of artificial intelligence, which may pose a threat to prosperity, Union Finance Minister Nirmala Sitharaman said on October 4. “India must develop domestic capacity as it seeks to double its per capita income in a few years. The […]

Piyush Goyal in US, ET Retail

Washington: Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US. Except for this, he said, India is open to all kinds of economic reforms necessary to take the country on an […]

SmartCraft ASA (SMCRT) – Mandatory notification of trade from primary insiders

3 October 2024 – Bernt Ulstein, board member of SmartCraft ASA, has sold on 3 October 2024 565,000 shares in SmartCraft at a price of NOK 31.69 per share through his closely associated and fully owned company B.Ulstein AS. After the transaction, B.Ulstein AS holds 10,741,975 shares in SmartCraft ASA.  Please see […]

2024 World Trade Centers Association Member Forum Assembles in New York City to Empower International Collaboration by ‘Connecting Businesses, Globally’

World Trade Centers Association® (WTCA®), an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries, will host its 2024 WTCA Member Forum from October 27-29 in New York City. With the theme PIONEER the Global Network: Pathways for Innovation, Opportunity, Networking, Empowerment, Excellence and Resilience, this year’s […]