Government Jobs

Veterans, fresh faces ready finance minister Nirmala Sitharaman's 9th Budget

Finance minister Nirmala Sitharaman is preparing for her ninth consecutive budget with a team featuring a blend of experienced and new officials. For the first time in recent years, the budget exercise will be coordinated by Anuradha Thakur, as there is no finance secretary.

Industry Trends

RBI tightens dividend payout rules for banks

The Reserve Bank of India has proposed new rules to control bank dividend payouts, tying them to capital adequacy, asset quality, and profits starting FY27. Banks must meet stringent capital requirements and demonstrate healthy profits to distribute dividends. This move aims to strengthen the banking sector's financial resilience and ensure stability across the system.

Industry Trends

Dalal Street's Jan Dhan: PSU stocks are great again

State-run companies are emerging as top long-term wealth creators again, with 26 PSUs featuring among the top 100 between April 2020 and March 2025. This marks a significant turnaround from previous years, driven by factors like government divestment policy changes and a focus on sectors like defence and utilities.

Industry Trends

After prolonged cloudy spell, sun set to shine on FMCG companies; benign inflation, lower GST rates expected to lift nos

Consumer goods companies are witnessing a demand revival, fueled by GST reductions that lowered prices and boosted shopper spending. Initial signs of recovery are evident, with firms anticipating sustained growth in soaps, shampoos, and packaged foods. FMCG volumes saw a significant jump, and analysts predict further acceleration in branded product growth, signaling a strong leap for the sector.

Government Jobs

UK Pubs Pitch Tax Discount to Treasury Amid Budget Concerns

Business groups representing UK pubs and hotels held talks on Tuesday with Treasury officials as they push for further tax discounts to alleviate the burden of changes made by Chancellor of the Exchequer Rachel Reeves in her budget in November.

Industry Trends

India, EU crucial FTA talks on Jan 8-9 in Brussels; Goyal to meet Maros Sefcovic

India and the European Union are set to hold ministerial-level discussions in Brussels on January 8-9 to finalize their proposed free trade agreement. Commerce and Industry Minister Piyush Goyal will meet with EU Commissioner Maros Sefcovic to resolve pending issues and expedite the conclusion of a balanced and ambitious pact.