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Hindustan Unilever bets on gradual recovery, steps up investments to drive sales

BUSINESS

Hindustan Unilever bets on gradual recovery, steps up investments to drive sales

HUL CFO Ritesh Tiwari said gross margins are expected to improve sequentially, though any gains will be reinvested in the business.

Numbers belie Trump's Tariff King claims

BUSINESS

Numbers belie Trump's Tariff King claims

India's tariffs have been declining for years, comparable to major emerging markets

This deal will hopefully inspire other companies to invest more in innovation: Glenn Saldanha

BUSINESS

This deal will hopefully inspire other companies to invest more in innovation: Glenn Saldanha

China has achieved a lot, largely due to immense government support. Here, it's largely the private sector

Citi is India’s largest foreign bank, even without retail business: Citi India CEO Ashu Khullar

BUSINESS

Citi is India’s largest foreign bank, even without retail business: Citi India CEO Ashu Khullar

Citi presently is the largest corporate FX (foreign exchange) player in the market, Khullar said.

Citi’s strengths are aligned with what India needs: Citi India CEO Ashu Khullar

BUSINESS

Citi’s strengths are aligned with what India needs: Citi India CEO Ashu Khullar

Khullar said India is becoming one of the most vibrant financial sponsor to investors and this would give him a reason to stay in touch with the Indian market.

‘The new direct tax code bill will not have any new taxes, will be applicable from April’: Tuhin Kanta Pandey, Finance secy

BUDGET

‘The new direct tax code bill will not have any new taxes, will be applicable from April’: Tuhin Kanta Pandey, Finance secy

Finance Minister Nirmala Sitharaman announced that the new income tax bill will be tabled in the Budget session of the Parliament- the bill will simplify the existing act and will not introduce any new taxes

PM Modi wanted a ‘pro-growth, pro-people and pro-taxpayer budget’: Finance secy

BUDGET

PM Modi wanted a ‘pro-growth, pro-people and pro-taxpayer budget’: Finance secy

The Budget had to balance several imperatives but the Prime Minister was very clear that it has to be a taxpayer-friendly budget, Tuhin Kanta Pandey told Moneycontrol

Full transcript: Finance Secretary Tuhin Kanta Pandey's exclusive interview with Moneycontrol

BUSINESS

Full transcript: Finance Secretary Tuhin Kanta Pandey's exclusive interview with Moneycontrol

“ Make it a pro-growth, pro-people and pro-taxpayer budget. These were the overall guidance, says the Finance and Revenue Secretary.

Being protectionist doesn’t benefit anyone: Finance Secretary

BUSINESS

Being protectionist doesn’t benefit anyone: Finance Secretary

Tuhin Kanta Pandey’s remarks come at a time when the United States is intensifying its protectionist trade policies under former President Donald Trump.

Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary

BUSINESS

Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary

Rejecting the notion that the Budget is skewed towards either consumption or capital expenditure, Tuhin Kanta Pandey tells Moneycontrol that the government has ensured a balanced approach

With fiscal support in Budget, hope RBI will act in tandem to boost growth: Finance secretary

BUSINESS

With fiscal support in Budget, hope RBI will act in tandem to boost growth: Finance secretary

Monetary and fiscal policies should not work at cross purposes but rather complement each other to ensure balanced economic growth, Tuhin Kanta Pandey told Moneycontrol in an interview.

MC Interview |In signal to India Inc, DEA secy says need infra investment of up to 8% of GDP every year

BUSINESS

MC Interview |In signal to India Inc, DEA secy says need infra investment of up to 8% of GDP every year

Ajay Seth agrees that there is a message in the Budget for the Indian industry to increase investments as well as proposals to facilitate it via public-private partnerships

MC Interview: Centre can't keep hiking capex by 25-30% each year, says Expenditure Secretary Manoj Govil

BUSINESS

MC Interview: Centre can't keep hiking capex by 25-30% each year, says Expenditure Secretary Manoj Govil

Govil, in an exclusive interaction with Moneycontrol, spoke on a range of issues from the fiscal implications of the 8th Pay Commission to the chances of a rating upgrade.

India's crypto take to factor in change of stance by major economies, says DEA Secy Seth

BUSINESS

India's crypto take to factor in change of stance by major economies, says DEA Secy Seth

The finance ministry has been working on bringing out a discussion paper to seek comments and views from relevant stakeholders on the ideas outlined in it. This paper will contain suggestions on the remit of regulations for cryptocurrencies in India as well.

Govt expects to bear 8th Pay Commission cost only from FY27, says Expenditure Secy Manoj Govil

BUSINESS

Govt expects to bear 8th Pay Commission cost only from FY27, says Expenditure Secy Manoj Govil

The finance ministry has written to Ministry of Defence and Home Affairs as well as the Department of Personnel and Training to suggest the terms of reference for the Commission, following which the Centre will approve them.

MC Exclusive | Third term as Axis Bank chief will be about continuing our journey: Amitabh Chaudhry

BUSINESS

MC Exclusive | Third term as Axis Bank chief will be about continuing our journey: Amitabh Chaudhry

Axis Bank MD and CEO speaks exclusively to Moneycontrol as he takes charge for the third term, shares his insight into the House of GPS and the road ahead

Axis Bank MD & CEO says not looking to acquire Yes Bank or IDBI Bank

BUSINESS

Axis Bank MD & CEO says not looking to acquire Yes Bank or IDBI Bank

While the bank has plans for inorganic growth options, Amitabh Chaudhry ruled out the possibility of making a move for IDBI Bank or Yes Bank.

MC Exclusive | We aim to maintain our NIM at 3.8% in long run: Axis Bank chief Amitabh Chaudhry

BUSINESS

MC Exclusive | We aim to maintain our NIM at 3.8% in long run: Axis Bank chief Amitabh Chaudhry

Amitabh Chaudhry, MD & CEO, Axis Bank speaks exclusively to Moneycontrol on what lies ahead for the bank.

Don’t see the need for rate cut as yet in India: Hitendra Dave, CEO, HSBC India

BUSINESS

Don’t see the need for rate cut as yet in India: Hitendra Dave, CEO, HSBC India

While rate cuts are widely expected, the relevant issue is where is the terminal rate, says Dave

HSBC India can aspire to be among top five private banks, says CEO Hitendra Dave

BUSINESS

HSBC India can aspire to be among top five private banks, says CEO Hitendra Dave

Wealth management and international and corporate proposition will be the key drivers of HSBC India, Dave tells Moneycontrol in an interview

We evaluate all opportunities, says Anish Shah on possible JV with Volkswagen

BUSINESS

We evaluate all opportunities, says Anish Shah on possible JV with Volkswagen

In February, the two automakers signed an agreement which includes supply of electrical components and unified cells for Mahindra INGLO range of 'born-electric vehicles'

Mahindra Finance has made substantial strides in improving asset quality: Anish Shah 

BUSINESS

Mahindra Finance has made substantial strides in improving asset quality: Anish Shah 

Delinquencies, which were a significant concern, have been brought down to under 4 percent, Shah has told Moneycontrol

Mahindra will play significant role in driving India’s manufacturing growth: Anish Shah

BUSINESS

Mahindra will play significant role in driving India’s manufacturing growth: Anish Shah

Shah emphasized the company’s commitment to careful evaluation before pursuing any new sector

Mahindra group is evaluating new opportunities in emerging sectors: Anish Shah

BUSINESS

Mahindra group is evaluating new opportunities in emerging sectors: Anish Shah

The group has discussed a capex number of around Rs 30,000 crore over three years but may exceed that if new opportunities arise, Shah said

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