BIGBANG
Economists expect big-bang reforms to continue under Modi 3.0
Modi is set to be sworn in for third term as India's Prime Minister in coalition government with key partners Telugu Desam Party and Janata Dal (United). Economists anticipate focus on economic reforms to achieve goal of Vikshit Bharat by 2047. Budget to prioritize infrastructure, manufacturing, and welfare schemes amid global economic challenges.
Will an empowered Modi bring back a big-bang reform?
If exit polls are accurate and Prime Minister Narendra Modi returns to power with a strong majority, major economic reforms are expected. This might include revisiting land acquisition laws to facilitate industrial growth. Land reforms are crucial for India's manufacturing ambitions. Digitisation of land records could streamline processes and accelerate development projects.
BJP manifesto leaves Citi disappointed, says Sankalp Patra lacks 'big-bang structural reforms'
The BJP manifesto, devoid of major economic reforms, promises job creation, infrastructure boost, and welfare expansion. Analysts express disappointment at the absence of structural reforms but anticipate announcements later. Elections span April 19 to June 1, with Modi expected to retain power amidst optimism over his tenure's achievements.
K-pop star G-Dragon interrogated for alleged drug abuse
G-Dragon, the main rapper and frontman of the phenomenally successful but scandalous band BigBang, denied any wrongdoing as he appeared for police questioning Monday over alleged drug use.
Big-bang luxury sales add to Diwali shine
"Renowned international brands such as Louis Vuitton, Dior, Cartier, Bulgari, Gucci and Giorgio Armani are leading the way, with increased sales compared to last year," said Pushpa Bector, senior executive director at DLF Retail. Higher spending per customer than last year across all luxury categories signals an uptick in overall expenditure this festive season.
BigBang.Social aims to empower 100,000 creators and tap vast opportunities in the creator economy: CEO Vijay Subramaniam
BigBang.Social, claimed to be India's first creator super-app, offers opportunities for commerce, brand collaborations, upskilling, and a peer-to-peer network for community building to the creator community. Founder Vijay Subramaniam said the main aim of the app is to provide employment opportunities for 100,000 creators within three years. Brands in India spend a significant amount of money on creator-led marketing each year and are being attracted to the reach of creator-driven content that is authentic and relatable, he added.
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ETtech Interview | No big-bang rejig; will rationalise costs and reinvest: Cognizant CEO Ravi Kumar S
Ravi Kumar S, who quit Infosys to take charge of the US firm in January 2023, says while large-scale reorganisation is not required, the company will let go of 1% of its staff and rationalise office space. This (employee impact) will be across corporate functions, overheads who are non-billable workforce, he said.
Jimin of BTS releases new solo single 'Set Me Free Pt.2'
"Set Me Free Pt.2," Jimin's latest release, is taken from his upcoming debut solo album titled 'FACE'.
'Big-bang approach' to privatise state-run banks will do more harm than good, RBI says
The Reserve Bank of India said that if the sole motive is not only profit maximisation, then state-run banks have scored over the private counterparts in promoting financial inclusion and they help the countercyclical monetary policy action to gain traction. The state-run lenders have weathered the Covid-19 pandemic shock "remarkably well" and recent mergers of PSBs have resulted in consolidation of the sector.
Hot inflation drives case for 'big-bang' Fed rate hike in March
Economists at Deutsche Bank on Thursday said they now think the Fed will kick off its policy tightening with a 50 basis-point hike next month.
ET Startup Awards 2021: This big-bang year belongs to Zomato
For exemplary impact on Indian startup ecosystem, Info Edge cofounder Sanjeev Bikhchandani bags Midas Touch Award for Best Investor
Zomato's big-bang market debut mints 18 dollar millionaires
Cofounder and chief executive Deepinder Goyal's 5.5% stake was worth Rs 4,650 crore at the close of trade.
Coronavirus: There’s no free lunch, says CEA on demand for big-bang stimulus
KV Subramanian said India’s GDP is likely to grow 2 per cent for the full financial year.
RBI joins coronavirus fight with big-bang rate move, EMIs put on hold
Make no mistake, it is a fight never seen before, Das warned while outlining the risks to Indian economy .
Not in favour of big bang but gradual reforms: Montek Singh Ahluwalia
Former Planning Commission vice chairman Montek Singh Ahluwalia on Thursday said he is in favour of gradual reforms in a phased manner instead of big-bang reforms.
Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOs
Some of these firms have strong balance sheets and credible financials to support this frenzy.
But is big-bang bank mergers a solution?
Issues could include something as simple as an internal hierarchical muddle to more direct and larger conflicts.
Key highlights from FM's big-bang announcements
Govt taking steps to make the path clear to make India a $5 trillion economy, says FM.
Public listing of LIC on the cards as Modi weighs next big-bang reform
LIC holds two-thirds share of India's life insurance market .
No big-bang poll-time sop in BJP's manifesto for 2019
The Bharatiya Janata Party (BJP) released its much-awaited manifesto today that lacks the aggression of the Congress manifesto.
Key takeaways from RBI's big-bang policy move
The RBI retained GDP growth for 2018-19 at 7.4 per cent as in the April policy.
Big-bang monetisation of public infra assets via InvIT model could be on cards
The government hopes this will help companies raise funds for fresh investments that could be ploughed into upgrading the country’s infrastructure.
China unveils big-bang reforms; opens up banks, funds to foreign control
The rules will give global companies unparalleled access to the second-largest economy.
An integrated oil behemoth, big-bang PSU mergers are in pipeline
In the days to come, we may see consolidation like activity in sectors such as power, chemicals, diversified manufacturing, mining, and steel.
Adani group eyeing big-bang acquisition in power transmission segment
Isolux Corsan Concesiones operates in energy and road Construction, telecommunication systems, railways installations, industrial systems and power transmission projects.
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