<?xml version="1.0" encoding="UTF-8"?><rss xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title>Economic Times</title><link>https://economictimes.indiatimes.com</link><description>The Economic Times: Breaking news, views, reviews, cricket from across India</description><language>en-gb</language><copyright>Copyright:(C)Tue, 01 Sep 2026 14:21:03 Bennett Coleman and Co. Ltd,  http://info.indiatimes.com/terms/tou.html</copyright><docs>http://timescontent.com/</docs><image><title>Economic Times</title><url>https://img.etimg.com/thumb/msid-76939477,quality-100/economictimes.jpg</url><link>https://economictimes.indiatimes.com</link></image><lastBuildDate>Tue, 01 Sep 2026 14:21:03 +0530</lastBuildDate><atom:link type="application/rss+xml" rel="self" href="https://economictimes.indiatimes.com/rssfeedstopstories.cms"/><item><title><![CDATA[Air India’s pilot exodus raises safety worries]]> </title><link>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/indian-pilots-body-warns-noel-tata-over-air-india-exodus-flags-safety-concerns/articleshow/133673762.cms</link><guid>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/indian-pilots-body-warns-noel-tata-over-air-india-exodus-flags-safety-concerns/articleshow/133673762.cms</guid><pubDate>Tue, 01 Sep 2026 14:14:37 +0530</pubDate></item><item><title><![CDATA[Gold rate today: Check latest 24k, 22k &amp; 18k prices]]> </title><link>https://economictimes.indiatimes.com/wealth/invest/gold-rate-today-september-1-2026-check-24k-22k-20k-18k-gold-jewellery-prices-from-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-tanishq-ibja-in-delhi-mumbai-hyderabad-more-cities/articleshow/133674082.cms</link><guid>https://economictimes.indiatimes.com/wealth/invest/gold-rate-today-september-1-2026-check-24k-22k-20k-18k-gold-jewellery-prices-from-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-tanishq-ibja-in-delhi-mumbai-hyderabad-more-cities/articleshow/133674082.cms</guid><pubDate>Tue, 01 Sep 2026 14:16:59 +0530</pubDate></item><item><title><![CDATA[HSBC joins PEs in race for Nuvama Wealth]]> </title><link>https://economictimes.indiatimes.com/industry/banking/finance/hsbc-joins-pes-in-race-for-nuvama-wealth/articleshow/133662421.cms</link><guid>https://economictimes.indiatimes.com/industry/banking/finance/hsbc-joins-pes-in-race-for-nuvama-wealth/articleshow/133662421.cms</guid><pubDate>Tue, 01 Sep 2026 05:30:00 +0530</pubDate></item><item><title><![CDATA[Do NRIs pay tax on money they gift to HUFs?]]> </title><link>https://economictimes.indiatimes.com/wealth/tax/can-nris-gift-money-to-an-huf-and-save-tax-check-these-income-clubbing-and-tax-rules-before-transferring-funds/articleshow/133673805.cms</link><guid>https://economictimes.indiatimes.com/wealth/tax/can-nris-gift-money-to-an-huf-and-save-tax-check-these-income-clubbing-and-tax-rules-before-transferring-funds/articleshow/133673805.cms</guid><pubDate>Tue, 01 Sep 2026 13:59:58 +0530</pubDate></item><item><title><![CDATA[Mumbai's cost of living goes up a notch in Sept]]> </title><link>https://economictimes.indiatimes.com/news/india/gas-milk-rickshaw-ride-mumbais-cost-of-living-goes-up-a-notch-this-september/articleshow/133673825.cms</link><guid>https://economictimes.indiatimes.com/news/india/gas-milk-rickshaw-ride-mumbais-cost-of-living-goes-up-a-notch-this-september/articleshow/133673825.cms</guid><pubDate>Tue, 01 Sep 2026 14:00:01 +0530</pubDate></item><item><title><![CDATA[Sugar rush on Dalal Street: Stocks soar up to 59%]]> </title><link>https://economictimes.indiatimes.com/markets/stocks/news/sugar-rush-on-dalal-street-stocks-soar-up-to-59-but-are-valuations-turning-risky/articleshow/133667982.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/sugar-rush-on-dalal-street-stocks-soar-up-to-59-but-are-valuations-turning-risky/articleshow/133667982.cms</guid><pubDate>Tue, 01 Sep 2026 09:57:40 +0530</pubDate></item><item><title><![CDATA[ITC's new buyout plan puts shares in happiest space]]> </title><link>https://economictimes.indiatimes.com/markets/stocks/news/itc-shares-rise-5-happiest-minds-falls-8-after-fmcg-major-acquires-it-firm-what-shareholders-must-know/articleshow/133668759.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/itc-shares-rise-5-happiest-minds-falls-8-after-fmcg-major-acquires-it-firm-what-shareholders-must-know/articleshow/133668759.cms</guid><pubDate>Tue, 01 Sep 2026 10:29:46 +0530</pubDate></item><item><title><![CDATA[AI reshaping portfolio management &amp; judgement]]> </title><link>https://economictimes.indiatimes.com/markets/stocks/news/alpha-wealth-summit-2-0-how-ai-is-reshaping-portfolio-management-and-the-role-of-human-judgement/articleshow/133669730.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/alpha-wealth-summit-2-0-how-ai-is-reshaping-portfolio-management-and-the-role-of-human-judgement/articleshow/133669730.cms</guid><pubDate>Tue, 01 Sep 2026 11:52:41 +0530</pubDate></item><item><title><![CDATA[Shein’s founder has entered the room, barely]]> </title><link>https://economictimes.indiatimes.com/news/international/business/behind-sheins-empire-is-founder-sky-xu-who-prefers-the-shadows/articleshow/133673166.cms</link><guid>https://economictimes.indiatimes.com/news/international/business/behind-sheins-empire-is-founder-sky-xu-who-prefers-the-shadows/articleshow/133673166.cms</guid><pubDate>Tue, 01 Sep 2026 13:21:37 +0530</pubDate></item><item><title><![CDATA[Maruti in top gear as sales jump 21% in Aug]]> </title><link>https://economictimes.indiatimes.com/industry/auto/auto-news/maruti-hits-the-gas-at-home-as-sales-jump-21-to-2-19-lk-units-but-exports-hit-the-brakes-in-august/articleshow/133672437.cms</link><guid>https://economictimes.indiatimes.com/industry/auto/auto-news/maruti-hits-the-gas-at-home-as-sales-jump-21-to-2-19-lk-units-but-exports-hit-the-brakes-in-august/articleshow/133672437.cms</guid><pubDate>Tue, 01 Sep 2026 13:07:25 +0530</pubDate></item><item><title><![CDATA[Gurnoor Brar takes the old-school fast bowler route]]> </title><link>https://economictimes.indiatimes.com/news/sports/cricket/just-keep-bowling-gurnoor-brar-takes-the-old-school-fast-bowler-route/articleshow/133672689.cms</link><guid>https://economictimes.indiatimes.com/news/sports/cricket/just-keep-bowling-gurnoor-brar-takes-the-old-school-fast-bowler-route/articleshow/133672689.cms</guid><pubDate>Tue, 01 Sep 2026 13:05:41 +0530</pubDate></item><item><title><![CDATA[Tata Motors commercial vehicle sales up 49%]]> </title><link>https://economictimes.indiatimes.com/industry/auto/auto-news/tata-motors-commercial-vehicle-sales-up-49-in-august-at-44411-units/articleshow/133672458.cms</link><guid>https://economictimes.indiatimes.com/industry/auto/auto-news/tata-motors-commercial-vehicle-sales-up-49-in-august-at-44411-units/articleshow/133672458.cms</guid><pubDate>Tue, 01 Sep 2026 12:57:41 +0530</pubDate></item><item><title><![CDATA[Parle gets Pepsi's veteran to lead the biscuit brigade]]> </title><link>https://economictimes.indiatimes.com/industry/cons-products/food/parle-biscuits-appoints-former-pepsico-executive-george-kovoor-as-ceo/articleshow/133669579.cms</link><guid>https://economictimes.indiatimes.com/industry/cons-products/food/parle-biscuits-appoints-former-pepsico-executive-george-kovoor-as-ceo/articleshow/133669579.cms</guid><pubDate>Tue, 01 Sep 2026 11:26:11 +0530</pubDate></item><item><title><![CDATA[Railways approves Rs 170 crore for Kavach 4.0]]> </title><link>https://economictimes.indiatimes.com/industry/transportation/railways/train-passengers-a-major-safety-upgrade-is-coming-rs-170-crore-approved-for-a-project-covering-another-712-km-of-tracks/articleshow/133672104.cms</link><guid>https://economictimes.indiatimes.com/industry/transportation/railways/train-passengers-a-major-safety-upgrade-is-coming-rs-170-crore-approved-for-a-project-covering-another-712-km-of-tracks/articleshow/133672104.cms</guid><pubDate>Tue, 01 Sep 2026 12:55:51 +0530</pubDate></item><item><title><![CDATA[Will I inherit my family’s land if I become an NRI?]]> </title><link>https://economictimes.indiatimes.com/wealth/real-estate/will-i-inherit-my-familys-land-in-india-if-i-become-an-nri/articleshow/133672125.cms</link><guid>https://economictimes.indiatimes.com/wealth/real-estate/will-i-inherit-my-familys-land-in-india-if-i-become-an-nri/articleshow/133672125.cms</guid><pubDate>Tue, 01 Sep 2026 12:49:47 +0530</pubDate></item><item><title><![CDATA[Tata Elxsi backs seven-seater Shunya eVTOL]]> </title><link>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/tata-elxsi-backs-seven-seater-shunya-evtol-first-flight-targeted-in-18-24-months/articleshow/133671423.cms</link><guid>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/tata-elxsi-backs-seven-seater-shunya-evtol-first-flight-targeted-in-18-24-months/articleshow/133671423.cms</guid><pubDate>Tue, 01 Sep 2026 12:43:27 +0530</pubDate></item><item><title><![CDATA[K-RERA relief for flat owners over water leakage]]> </title><link>https://economictimes.indiatimes.com/wealth/real-estate/builder-must-fix-recurring-water-leakage-permanently-but-homeowner-cant-dictate-which-contractor-or-brand-to-use-karnataka-rera-gives-relief-to-bengaluru-top-floor-flat-owner/articleshow/133671119.cms</link><guid>https://economictimes.indiatimes.com/wealth/real-estate/builder-must-fix-recurring-water-leakage-permanently-but-homeowner-cant-dictate-which-contractor-or-brand-to-use-karnataka-rera-gives-relief-to-bengaluru-top-floor-flat-owner/articleshow/133671119.cms</guid><pubDate>Tue, 01 Sep 2026 12:41:00 +0530</pubDate></item><item><title><![CDATA[₹3.5L motor insurance claim despite invalid licence]]> </title><link>https://economictimes.indiatimes.com/wealth/insure/insurer-rejects-motor-insurance-claim-citing-invalid-driving-licence-policyholder-fights-back-and-wins-rs-3-5-lakh-in-consumer-commission/articleshow/133670767.cms</link><guid>https://economictimes.indiatimes.com/wealth/insure/insurer-rejects-motor-insurance-claim-citing-invalid-driving-licence-policyholder-fights-back-and-wins-rs-3-5-lakh-in-consumer-commission/articleshow/133670767.cms</guid><pubDate>Tue, 01 Sep 2026 12:08:54 +0530</pubDate></item><item><title><![CDATA[Power trio reunites as Modi meets Putin and Xi]]> </title><link>https://economictimes.indiatimes.com/news/india/sco-summit-2026-power-trio-reunites-as-pm-modi-meets-vladimir-putin-and-xi-jinping-at-bishkek-meet/articleshow/133671424.cms</link><guid>https://economictimes.indiatimes.com/news/india/sco-summit-2026-power-trio-reunites-as-pm-modi-meets-vladimir-putin-and-xi-jinping-at-bishkek-meet/articleshow/133671424.cms</guid><pubDate>Tue, 01 Sep 2026 12:34:55 +0530</pubDate></item><item><title><![CDATA[School cab driver assaults girl in outer Delhi]]> </title><link>https://economictimes.indiatimes.com/news/new-updates/school-cab-driver-sexually-assaulted-3-year-old-girl-whom-she-called-as-bad-uncle-who-gave-chocolates-parents-spotted-bruises-change-in-behaviour/articleshow/133671636.cms</link><guid>https://economictimes.indiatimes.com/news/new-updates/school-cab-driver-sexually-assaulted-3-year-old-girl-whom-she-called-as-bad-uncle-who-gave-chocolates-parents-spotted-bruises-change-in-behaviour/articleshow/133671636.cms</guid><pubDate>Tue, 01 Sep 2026 12:30:16 +0530</pubDate></item><item><title><![CDATA[Iran says it has enough foreign currency]]> </title><link>https://economictimes.indiatimes.com/news/international/world-news/iran-says-it-has-enough-foreign-currency-despite-us-sanctions/articleshow/133671366.cms</link><guid>https://economictimes.indiatimes.com/news/international/world-news/iran-says-it-has-enough-foreign-currency-despite-us-sanctions/articleshow/133671366.cms</guid><pubDate>Tue, 01 Sep 2026 12:16:20 +0530</pubDate></item><item><title><![CDATA[Delhi-bound IndiGo flight returns to Goa]]> </title><link>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/delhi-bound-indigo-flight-returns-to-goa-after-takeoff-makes-emergency-landing-due-to-engine-snag/articleshow/133671200.cms</link><guid>https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/delhi-bound-indigo-flight-returns-to-goa-after-takeoff-makes-emergency-landing-due-to-engine-snag/articleshow/133671200.cms</guid><pubDate>Tue, 01 Sep 2026 12:10:23 +0530</pubDate></item><item><title><![CDATA[Manus back in action after Meta’s $2 bn deal unwinds]]> </title><link>https://economictimes.indiatimes.com/ai/ai-insights/ai-startup-manus-resumes-independent-operations-after-china-blocks-metas-2-billion-deal/articleshow/133670882.cms</link><guid>https://economictimes.indiatimes.com/ai/ai-insights/ai-startup-manus-resumes-independent-operations-after-china-blocks-metas-2-billion-deal/articleshow/133670882.cms</guid><pubDate>Tue, 01 Sep 2026 12:01:32 +0530</pubDate></item><item><title><![CDATA[64% DA likely as per July 2026 inflation data]]> </title><link>https://economictimes.indiatimes.com/wealth/save/da-hike-for-july-2026-64-dearness-allowance-likely-after-latest-inflation-data-when-can-central-government-employees-get-it/articleshow/133670361.cms</link><guid>https://economictimes.indiatimes.com/wealth/save/da-hike-for-july-2026-64-dearness-allowance-likely-after-latest-inflation-data-when-can-central-government-employees-get-it/articleshow/133670361.cms</guid><pubDate>Tue, 01 Sep 2026 11:50:30 +0530</pubDate></item><item><title><![CDATA[PM Modi turns 7.8% growth cue into swadeshi pitch]]> </title><link>https://economictimes.indiatimes.com/news/india/pm-modi-turns-7-8-growth-cue-into-a-fresh-swadeshi-pitch-narendra-modi-new-instagram-reel/articleshow/133667206.cms</link><guid>https://economictimes.indiatimes.com/news/india/pm-modi-turns-7-8-growth-cue-into-a-fresh-swadeshi-pitch-narendra-modi-new-instagram-reel/articleshow/133667206.cms</guid><pubDate>Tue, 01 Sep 2026 09:27:03 +0530</pubDate></item><item><title><![CDATA[Lifecycle funds: Right match for your goals?]]> </title><link>https://economictimes.indiatimes.com/wealth/invest/lifecycle-funds-should-you-invest-in-target-date-funds-for-your-financial-goals-know-the-benefits-risks-and-limitations/articleshow/133602737.cms</link><guid>https://economictimes.indiatimes.com/wealth/invest/lifecycle-funds-should-you-invest-in-target-date-funds-for-your-financial-goals-know-the-benefits-risks-and-limitations/articleshow/133602737.cms</guid><pubDate>Mon, 31 Aug 2026 06:30:00 +0530</pubDate></item><item><title><![CDATA[India’s economic weapon can turn crisis into chances]]> </title><link>https://economictimes.indiatimes.com/nri/work/india-skilled-workers-abroad-labour-mobility-overseas-jobs-remittances-global-workforce-shortage-economic-opportunity/articleshow/133643674.cms</link><guid>https://economictimes.indiatimes.com/nri/work/india-skilled-workers-abroad-labour-mobility-overseas-jobs-remittances-global-workforce-shortage-economic-opportunity/articleshow/133643674.cms</guid><pubDate>Mon, 31 Aug 2026 13:34:37 +0530</pubDate></item><item><title><![CDATA[Govt employees seek bonus ceiling hike to Rs 21,000]]> </title><link>https://economictimes.indiatimes.com/wealth/save/central-govt-employees-bonus-demand-nc-jcm-seeks-ceiling-hike-from-rs-7000-to-rs-21000-ahead-of-dussehra-how-it-will-benefit-employees/articleshow/133651246.cms</link><guid>https://economictimes.indiatimes.com/wealth/save/central-govt-employees-bonus-demand-nc-jcm-seeks-ceiling-hike-from-rs-7000-to-rs-21000-ahead-of-dussehra-how-it-will-benefit-employees/articleshow/133651246.cms</guid><pubDate>Mon, 31 Aug 2026 16:51:30 +0530</pubDate></item><item><title><![CDATA[Congress accuses Modi govt of ‘inflation shock’]]> </title><link>https://economictimes.indiatimes.com/news/politics-and-nation/modi-govt-giving-people-high-voltage-inflation-shock-misleading-via-statistical-jugglery-congress/articleshow/133670687.cms</link><guid>https://economictimes.indiatimes.com/news/politics-and-nation/modi-govt-giving-people-high-voltage-inflation-shock-misleading-via-statistical-jugglery-congress/articleshow/133670687.cms</guid><pubDate>Tue, 01 Sep 2026 11:51:09 +0530</pubDate></item><item><title><![CDATA[Ex-Maoist Bhupathi shifts to tribal rights work]]> </title><link>https://economictimes.indiatimes.com/news/india/from-guns-to-reform-ex-maoist-leader-bhupathi-to-work-for-tribal-rights/articleshow/133670540.cms</link><guid>https://economictimes.indiatimes.com/news/india/from-guns-to-reform-ex-maoist-leader-bhupathi-to-work-for-tribal-rights/articleshow/133670540.cms</guid><pubDate>Tue, 01 Sep 2026 11:50:31 +0530</pubDate></item><item><title><![CDATA[F&amp;O tax rules every derivatives trader should know]]> </title><link>https://economictimes.indiatimes.com/wealth/tax/fo-tax-rules-how-derivatives-traders-should-report-profits-losses-and-expenses/articleshow/133603762.cms</link><guid>https://economictimes.indiatimes.com/wealth/tax/fo-tax-rules-how-derivatives-traders-should-report-profits-losses-and-expenses/articleshow/133603762.cms</guid><pubDate>Mon, 31 Aug 2026 06:30:00 +0530</pubDate></item><item><title><![CDATA[Your EV is carrying 6 invisible passengers: Data]]> </title><link>https://economictimes.indiatimes.com/industry/transportation/roadways/your-ev-is-carrying-six-invisible-passengers-eu-data-shows-how-electric-cars-differ-from-petrol-diesel-vehicles/articleshow/133669798.cms</link><guid>https://economictimes.indiatimes.com/industry/transportation/roadways/your-ev-is-carrying-six-invisible-passengers-eu-data-shows-how-electric-cars-differ-from-petrol-diesel-vehicles/articleshow/133669798.cms</guid><pubDate>Tue, 01 Sep 2026 11:45:07 +0530</pubDate></item><item><title><![CDATA[Last chance to find luck and money from 13 stocks]]> </title><link>https://economictimes.indiatimes.com/markets/stocks/news/dividend-alert-last-day-to-buy-ntpc-gail-among-13-stocks-for-dividend-payouts-do-you-own-any/articleshow/133666153.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/dividend-alert-last-day-to-buy-ntpc-gail-among-13-stocks-for-dividend-payouts-do-you-own-any/articleshow/133666153.cms</guid><pubDate>Tue, 01 Sep 2026 07:58:23 +0530</pubDate></item><item><title><![CDATA[Bank holidays in September 2026: Check list]]> </title><link>https://economictimes.indiatimes.com/wealth/save/september-2026-bank-holidays-banks-to-remain-closed-for-janmashtami-ganesh-chaturthi-karma-puja-and-more-check-state-wise-list/articleshow/133651794.cms</link><guid>https://economictimes.indiatimes.com/wealth/save/september-2026-bank-holidays-banks-to-remain-closed-for-janmashtami-ganesh-chaturthi-karma-puja-and-more-check-state-wise-list/articleshow/133651794.cms</guid><pubDate>Mon, 31 Aug 2026 17:20:58 +0530</pubDate></item><item><title><![CDATA[Niyo to acquire Capital India’s RemitX forex biz]]> </title><link>https://economictimes.indiatimes.com/tech/startups/niyo-to-acquire-capital-indias-remitx-forex-business-for-rs-11-4-crore/articleshow/133669577.cms</link><guid>https://economictimes.indiatimes.com/tech/startups/niyo-to-acquire-capital-indias-remitx-forex-business-for-rs-11-4-crore/articleshow/133669577.cms</guid><pubDate>Tue, 01 Sep 2026 11:16:23 +0530</pubDate></item><item><title><![CDATA[Woman won H-1B, left US 2 months later; explains]]> </title><link>https://economictimes.indiatimes.com/news/new-updates/28-year-old-secured-h-1b-visa-after-2-years-but-left-us-just-2-months-later-explains-the-reason-behind-quitting-a-six-figure-job-and-returning-home-without-another-offer/articleshow/133668996.cms</link><guid>https://economictimes.indiatimes.com/news/new-updates/28-year-old-secured-h-1b-visa-after-2-years-but-left-us-just-2-months-later-explains-the-reason-behind-quitting-a-six-figure-job-and-returning-home-without-another-offer/articleshow/133668996.cms</guid><pubDate>Tue, 01 Sep 2026 11:14:36 +0530</pubDate></item><item><title><![CDATA[Nepal flood toll nears 1,000 as PM rings climate alarm]]> </title><link>https://economictimes.indiatimes.com/news/international/world-news/nepal-flash-floods-death-toll-pm-demands-climate-action-after-himalayan-disaster/articleshow/133665773.cms</link><guid>https://economictimes.indiatimes.com/news/international/world-news/nepal-flash-floods-death-toll-pm-demands-climate-action-after-himalayan-disaster/articleshow/133665773.cms</guid><pubDate>Tue, 01 Sep 2026 07:15:39 +0530</pubDate></item><item><title><![CDATA[Husband sold property but wife gets tax notice]]> </title><link>https://economictimes.indiatimes.com/wealth/tax/wife-gets-income-tax-notice-after-husband-sells-joint-property-rs-14-lakh-below-market-price-she-fights-back-and-wins-the-case-in-itat-kolkata/articleshow/133654081.cms</link><guid>https://economictimes.indiatimes.com/wealth/tax/wife-gets-income-tax-notice-after-husband-sells-joint-property-rs-14-lakh-below-market-price-she-fights-back-and-wins-the-case-in-itat-kolkata/articleshow/133654081.cms</guid><pubDate>Tue, 01 Sep 2026 07:15:00 +0530</pubDate></item><item><title><![CDATA[Rough land(ing): ₹8,500-cr deals under taxman's lens]]> </title><link>https://economictimes.indiatimes.com/industry/services/property-/-cstruction/landing-in-trouble-8500-cr-property-deals-under-taxmans-scanner/articleshow/133662484.cms</link><guid>https://economictimes.indiatimes.com/industry/services/property-/-cstruction/landing-in-trouble-8500-cr-property-deals-under-taxmans-scanner/articleshow/133662484.cms</guid><pubDate>Tue, 01 Sep 2026 01:13:41 +0530</pubDate></item><item><title><![CDATA[Yuma Energy raises $35 million from Magna]]> </title><link>https://economictimes.indiatimes.com/tech/funding/yuma-energy-raises-35-million-from-magna-plans-to-double-battery-swapping-network/articleshow/133668595.cms</link><guid>https://economictimes.indiatimes.com/tech/funding/yuma-energy-raises-35-million-from-magna-plans-to-double-battery-swapping-network/articleshow/133668595.cms</guid><pubDate>Tue, 01 Sep 2026 10:36:48 +0530</pubDate></item><item><title><![CDATA[India’s growth beat signals investment boom]]> </title><link>https://economictimes.indiatimes.com/news/economy/indicators/indias-growth-beat-suggests-economy-on-cusp-of-investment-boom/articleshow/133668744.cms</link><guid>https://economictimes.indiatimes.com/news/economy/indicators/indias-growth-beat-suggests-economy-on-cusp-of-investment-boom/articleshow/133668744.cms</guid><pubDate>Tue, 01 Sep 2026 10:39:06 +0530</pubDate></item><item><title><![CDATA[VinFast hits pause on 3 India EV plans]]> </title><description><![CDATA[New Delhi: VinFast has suspended plans to manufacture three ​electric vehicles in India and ordered suppliers to halt work on the projects while it reassesses costs, according to two sources and a company memo reviewed by Reuters - a year after the Vietnamese automaker entered a crucial growth market.The manufacturer has asked suppliers to "hold all activities" on three programmes, including a two-door SUV called VF3 - ‌expected to be ⁠its most ⁠competitive model in the market - and the VF6 and VF7 SUVs, which it imports as kits from Vietnam and assembles in the country.Also read: VinFast bets big on India with $500 million EV push, eyes global exports via new Tamil Nadu factoryIndia expansion setbackThe suspension marks another ​setback for loss-making VinFast, which has turned to India for growth after facing difficulties gaining market share in the U.S. and Europe.The suspension of plans ​to locally manufacture the three vehicles in India has not been previously reported.Vinfast opened its first factory outside Vietnam in southern India last year and pledged to invest $2 billion, as it sought to build a regional manufacturing base serving South Asia, the Middle East and Africa.VinFast ​did not directly address whether it suspended local manufacturing plans for the three models. ⁠It said ‌it has not changed or suspended plans for the VF6 and VF7 models currently on sale in India and ​will continue to ​assemble them at its factory.While VinFast has publicly stated increasing local sourcing from India, including through partnerships with ⁠domestic suppliers, plans to manufacture the VF3, VF6 and VF7 in the country have not ​previously been disclosed and were described to Reuters by people familiar with the matter."India is ​an important market in VinFast's long-term business and manufacturing strategy," a company representative told Reuters in a statement, adding that based on market research and consumer feedback it is making "appropriate adjustments" to its products to "better meet the needs of Indian customers".VinFast's struggle to break into the world's third-largest car market echoes challenges faced by others, including Volkswagen and Nissan, which did not achieve the kind of scale that has helped companies, such as Suzuki and Hyundai, succeed.In a July memo to suppliers, the automaker said it decided to "temporarily" put on hold all development work ‌related to the VF3, VF6 and VF7. Locally developing and sourcing parts would have allowed VinFast to avoid expensive imports and price its cars more competitively.Also read: VinFast India partners Shriram Finance for vehicle financeSupplier investmentsThe memo also asked suppliers to provide a detailed breakdown of the "total ​amount invested to ​date" on the projects that require payment ⁠or reimbursement from VinFast across cost categories such as tooling, engineering and materials, along with "supporting documentation where available".VinFast did not meet its planned costs for developing parts in India for the three cars, which is why it stopped the work, one of the sources said.Both sources ​declined to be named as they are not authorised to speak to the media.Backed by Vietnam's largest conglomerate Vingroup, VinFast launched in India in September 2025 with its VF6 and VF7 electric SUVs. Its India factory has an initial annual production capacity of 50,000 cars and is scalable to 150,000 units.The automaker has so far sold about 10,000 cars in India, including to its affiliate ride-hailing company Green SM.VinFast said in a statement to Reuters it plans to develop India-specific models, rather than just bringing in existing global models.]]> </description><link>https://economictimes.indiatimes.com/industry/renewables/vinfast-puts-the-brakes-on-manufacturing-some-cars-in-india/articleshow/133674181.cms</link><guid>https://economictimes.indiatimes.com/industry/renewables/vinfast-puts-the-brakes-on-manufacturing-some-cars-in-india/articleshow/133674181.cms</guid><pubDate>Tue, 01 Sep 2026 14:13:26 +0530</pubDate></item><item><title><![CDATA[Office realty leasing rises 30%, on track to beat last year high]]> </title><description><![CDATA[Mumbai: Robust demand for office spaces has pushed commercial property leasing in the first three quarters of 2019 by 30% from a year ago, taking it closer to entire 2018’s performance and making sure that this year surpasses the peak touched last year.Driven by tech corporates — accounting for about a third of the leasing activity — office space take-up touched 47 million sq ft in the first nine months against entire 2018’s performance of 48.9 million sq ft, showed data from CBRE South Asia. With this, office leasing activity is now expected to touch its highest level ever, estimated to be over 60 million sq ft in 2019.Leasing activity stood at about 15.4 million sq ft during the quarter ended September, rising by nearly 23% on an annual basis. This was dominated by small- to medium-sized transactions. Small-sized transactions of less than 10,000 sq ft accounted for over 40% of the transaction activity in the quarter.
  
  
  
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“With office leasing scaling a historic high in 2019, we expect further strengthening of occupier sentiment in the medium to long term, backed by corporates looking to expand or consolidate their operations. Favourable government initiatives, transparency in the real estate sector and the right reforms will improve investor sentiment greatly in the coming quarters,” said Anshuman Magazine, CEO, India, South-east Asia, Middle East and Africa, CBRE.Like last year, he expects occupiers would put in greater efforts to incorporate flexibility in their portfolios due to changes in the business environment. Occupiers continued to futureproof their portfolios and hedge against future rental escalations by pre-leasing space across various cities.Bengaluru, followed by Hyderabad, dominated large-sized deal closures, while a few large deals were also reported in the NCR and Pune as well. Large-scale deal closures were mostly dominated by tech firms and flexible space operators. Firms belonging to sectors such as research, consulting &amp; analytics, banking, financial services &amp; insurance (BFSI), and engineering &amp; manufacturing also closed large-sized deals.Tech corporates led the office space take-up, followed by research, consulting &amp; analytics companies (19%) and flexible space operators (15%). The rise in the share of flexible space operators (10% in the second quarter of 2019) was primarily a result of their continued expansion across almost all cities.“The share of the tech sector rose from 31% to 40% annually during 2019 year-to-date, which implies that a rise in technology alternatives, insourcing / job preservation in the US and a global slowdown have not had any specific impact on India’s position as a preferred outsourcing destination for both high-skilled and low-skilled tech services, research and development,” said Ram Chandnani, managing director, advisory &amp; transaction services, India, CBRE South Asia.Supply addition rose by more than 80% in 2019 YTD on an annual basis, with about 43.5 million sq. ft. of development completions reported.Four cities — Hyderabad, Bengaluru, NCR and Mumbai — accounted for almost 80% of this supply addition.Compared to the first three quarters in 2018, the share of SEZs in supply dipped from 40% to 27% during 2019 YTD. Supply addition in the quarter also rose by about 6% on a quarterly basis, touching about 15 million sq. ft. More than 70% of this supply was driven by Hyderabad and NCR, followed by Bengaluru.]]> </description><link>https://economictimes.indiatimes.com/news/company/corporate-trends/office-realty-leasing-rises-30-on-track-to-beat-last-year-high/articleshow/71641557.cms</link><guid>https://economictimes.indiatimes.com/news/company/corporate-trends/office-realty-leasing-rises-30-on-track-to-beat-last-year-high/articleshow/71641557.cms</guid><pubDate>Fri, 18 Oct 2019 08:18:48 +0530</pubDate></item><item><title><![CDATA[Developers may face liquidity crisis on NBFC woes: Fitch]]> </title><description><![CDATA[MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among large developers may be of limited use, as NBFIs are looking to shed their already-high exposure to the sector, especially to large borrowers.NBFIs have disproportionately increased their share of real-estate sector credit in the previous few years, owing to heightened risk aversion by banks; banks have been cutting exposure due to their own funding challenges that began in late 2018, which have become more acute in the previous few months; domestic bank exposures fell to 2.3% of loans in the financial year ending March 2019 from 2.8% in 2015-16.NBFIs are now also shying away from refinancing maturing debt of even large, proven developers to limit concentration risk to the sector. This is pushing developers towards alternative funding channels, such as private equity. The availability of such funding could be more limited than the value of maturing debt and may only be available to established developers with sufficient unpledged assets. It would also come at a higher cost. We believe banks may still consider exposure to quality real estate, but overall exposure continues to decline.Developers that are focused on high-end projects may face higher risk, as sales of such projects have slowed in the last two years. We believe these developers would be wary of taking sharp price corrections on unsold inventory to boost sales, except in extreme circumstances, as this could diminish the value of unsold inventory and weaken collateral cover for existing lenders.In addition, any boost in sales would be temporary. Meanwhile, developers with substantial exposure to affordable housing may still benefit from marginal access to lenders in light of healthy pre-sales growth, supported by India's substantial housing deficit and government incentives for buyers via the credit-linked subsidy scheme as well as for developers, including tax deductions and grant of infrastructure status, which entitles companies to some benefits and concessions.The government has announced measures to improve NBFI-sector liquidity, but their efficacy remains to be seen. For example, we believe the government's July 2019 announcement to provide a first-loss guarantee of 10% on securitised assets issued by NBFIs to banks could ease funding pressure for NBFIs in the short term. However, the provision refers only to financially sound issuers and there is a lack of clarity about the duration of the guarantee and the definition of what comprises a 'financially sound' entity. In addition, most of the actions by the authorities to alleviate the liquidity squeeze will benefit the largest and least risky NBFIs and is unlikely to address the pressure on the more property focused players.Defaults by two NBFIs - Infrastructure Leasing &amp; Financial Services Ltd (IL&amp;FS) in September 2018 and Dewan Housing Finance Corporation Ltd (DHFL) in June 2019 - have contributed to the sector-wide liquidity squeeze, as investors have become more risk averse. Banks' low appetite for lending to real-estate developers is evidenced by the usually high risk weights attached to such loans. These are due to developers' typically low credit ratings amid high leverage, making exposure to the sector an inefficient use of banks' already-limited capital.Substantial bank recapitalisation to increase lending capacity could benefit NBFIs as well as real-estate developers, subject to the banks' risk appetite. Although a structural improvement in NBFI asset books would take time. Nonetheless, even under better conditions we expect NBFI's to tighten credit standards, with developers facing funding pressure until there is a broader improvement in their operations, with better end-user demand and pricing support. ]]> </description><link>https://economictimes.indiatimes.com/industry/services/property-/-cstruction/developers-may-face-liquidity-crisis-on-nbfc-woes-fitch/articleshow/70700244.cms</link><guid>https://economictimes.indiatimes.com/industry/services/property-/-cstruction/developers-may-face-liquidity-crisis-on-nbfc-woes-fitch/articleshow/70700244.cms</guid><pubDate>Fri, 16 Aug 2019 15:59:50 +0530</pubDate></item><item><title><![CDATA[Adani Green to seek board nod to raise up to $1 billion]]> </title><description><![CDATA[Adani Green Energy is set to seek board approval to raise Rs 6,150 crore ($750 million) to Rs 8,200 crore ($1 billion) through the qualified institutional placement (QIP) route, said people aware of the matter.Two group companies had got approval of their boards for fundraising on May 13 —Adani Enterprises (Rs 12,500 crore) and Adani Transmission (Rs 8,500 crore).The exercise is part of a group plan outlined internally last year to build a “three-year equity cushion” to support expansion plans.Adani Green has secured such capital-raising permission every year from its board except in 2021, as per a Bloomberg analysis.The capital raised by Adani Green Energy will be used to repay an outstanding $750 million, three-year bond issued in 2021 that’s due next year. The money is likely to be kept in a dedicated redemption reserve account and paid on the due date, said the people cited above.Renegotiating Terms With TotalThe original plan had been to prepay the bond after special Reserve Bank of India (RBI) approval but the company decided against this move.“We do not comment on routine business matters. All public disclosures on business matters are disclosed when appropriate,” an Adani Group spokesperson told ET.Adani Green is also renegotiating the terms of its agreement with French utilities giant TotalEnergies for a proposed $4 billion investment in a green hydrogen venture, having signed a memorandum of understanding in 2022. In February, Total said it was pausing the plan in the wake of the Hindenburg Research report on the Adani Group alleging stock manipulation and fraud. The Adani Group has rejected the report’s findings.Total had said it won’t immediately proceed with the plan that involved taking a 25% stake in Adani New Industries Ltd (ANIL), a subsidiary of Adani Enterprises.In June last year, ANIL and TotalEnergies had outlined a capex plan of $50 billion to set up a 2.5 million metric tonnes per annum (mmtpa) of green hydrogen manufacturing capacity over the next 10 years, with the first phase of 1 mmtpa expected to be commissioned before 2030. Total had also made a total $10 billion capital commitment to the hydrogen venture, standing guarantor to 50% of the project’s debt, translating to $6 billion, ET had reported February 13.ANIL plans to manufacture green hydrogen and downstream products such as ammonia, urea, methanol and ethanol at its Khavda and Mundra SEZ facilities. The Khavda site has a land bank of 71,000 acres, which has a large-scale renewable deployment potential of 20 GW due to its high wind and solar resource potential.After the initial MoU, a more detailed ‘heads of agreement’ — pre-contractual negotiations for a commercial framework — was originally planned to be signed between May and September this year. But this is unlikely at this juncture.The Adani Group has, however, continued with the project work in Mundra on its own, aiming to complete a substantial part of the first phase of the integrated manufacturing ecosystem for ANIL by December.This involves 4.5 GW of solar module manufacturing capacity and 1.5 GW of wind turbine manufacturing capacity along with electrolysers, glass, aluminium frames etc. Analysts say over 5% of the total capex has already been incurred by Adani though the bulk of the work is scheduled for 2026-2028. Any binding agreement with Total is now expected only in 2024 or 2025 and the valuation and the overall commercial terms is likely to get altered as the French company is not incurring any of the greenfield project risks, they said.“We have 40 GW of land equivalent. We've been doing solar modules for the past five years. We know we will produce modules at 15 cents to 17 cents,” Robbie Singh, chief financial officer of Adani Enterprises, had told ET on January 22.Other than the green hydrogen project, Total has just over $3 billion of investments with Adani, including in gas distribution and solar projects, which it has played down as a small 2.4% slice of its total capital commitments.]]> </description><link>https://economictimes.indiatimes.com/industry/banking/finance/adani-green-to-seek-board-nod-to-raise-up-to-1-billion/articleshow/100459690.cms</link><guid>https://economictimes.indiatimes.com/industry/banking/finance/adani-green-to-seek-board-nod-to-raise-up-to-1-billion/articleshow/100459690.cms</guid><pubDate>Wed, 24 May 2023 06:36:08 +0530</pubDate></item><item><title><![CDATA[At Rs 10,000 crore, Anil Ambani's Reliance Capital recovery may be only 43%]]> </title><description><![CDATA[Lenders to Anil Ambani-promoted Reliance Capital are likely to recover just about ₹10,000 crore after the winning bidder, Hinduja Group, declined to significantly improve its offer in the last round of bilateral negotiations that ended on Monday evening, people aware of the development told ET. The recovery, totalling about ₹10,090 crore on factoring in the target company's cash balances and the Hinduja offer, falls short of the ₹12,500-13,000 crore estimated liquidation value. A Hinduja Group entity, IndusInd International Holdings, offered ₹9,650 crore in the extended auction held on April 26. Hinduja improved the offer by only ₹10 crore during the bilateral negotiations, the people cited above said. In addition, the distressed financial services company has around Rs 430 crore as cash balances, which would be distributed among the lenders. This would add up to Rs 10,090 crore, equating to a 43% recovery for verified lenders.Administrator Nageswara Rao Y has admitted Rs 23,666 crore in claims from verified creditors."Hinduja Group will submit a detailed resolution plan by next week while lenders are in the process of finalising distribution of the proceeds," one of the persons cited above said. After this, the administrator will invite lenders to vote on the eligible plans.However, resolution of Reliance Capital will be subject to approval from the Supreme Court, which is scheduled to hear in August the auction-related dispute between Torrent Investments, a bidder also in the fray in the earlier rounds.  100459497Crucial LIC, EPFO RolesThe stand by LIC, the Employees' Provident Fund Organisation (EPFO) and JC Flowers Asset Reconstruction Co on approving the plan will be critical since they are majority debtholders. Yes Bank, an original Reliance Capital lender, sold its debt to JC Flowers ARC. A resolution plan can be approved only if 66% of creditors vote in its favour.Separately, Credit Suisse-led bondholders have decided not to contest a decision by the National Company Law Tribunal (NCLT), which directed them to return the custody of Reliance General Insurance shares to the administrator, said the people cited above.This has come as a major relief to the lenders that were worried the resolution might be delayed if Credit Suisse-led bondholders appealed against the tribunal's order.In 2018, Credit Suisse-led investors invested in bonds issued by Reliance Home Finance, a Reliance Capital unit. The home finance company failed to honour the payment on the due date. ]]> </description><link>https://economictimes.indiatimes.com/industry/banking/finance/at-rs-10000-crore-anil-ambanis-reliance-capital-recovery-may-be-only-43/articleshow/100459486.cms</link><guid>https://economictimes.indiatimes.com/industry/banking/finance/at-rs-10000-crore-anil-ambanis-reliance-capital-recovery-may-be-only-43/articleshow/100459486.cms</guid><pubDate>Wed, 24 May 2023 06:01:03 +0530</pubDate></item><item><title><![CDATA[Titan Company, Sky Gold, other shares fall up to 6% on PM Modi’s second appeal to avoid gold]]> </title><description><![CDATA[Shares of jewellery companies including Titan Company, Sky Gold and Kalyan Jewellers, among others, fell up to 6% on Tuesday after Prime Minister Narendra Modi urged citizens to avoid gold purchases unless necessary in a social media video posted on Monday.In today’s session, Titan Company shares declined 2% to Rs 5,015, while Kalyan Jewellers declined 6% to Rs 578 per share. Thangamayil Jewellery shares were down 2% to Rs 5,322 on the BSE, while Sky Gold was down 6.3% to Rs 756 per share.This is the PMs second such appeal to citizens in quick succession. Back in May, speaking at the event in Hyderabad, PM Modi appealed to citizens to avoid buying gold for weddings for the next one year. The request was part of a wider appeal aimed at conserving fuel and foreign exchange reserves, with the Prime Minister also advocating the return of work-from-home practices and urging people to reduce non-essential travel, including international trips.India remains the world’s second-largest consumer of gold and imported an average of 60 tonnes of the precious metal every month during FY26, translating into a monthly import bill of nearly $6 billion.What does PM Modi’s remarks mean?For Indian households, the precious metal represents tradition, security, weddings, savings and generational wealth, making the Prime Minister’s remarks both unusual and significant.Gold has historically been viewed as one of the safest long-term stores of value for Indian families, particularly during periods of uncertainty. Which is precisely why the comments triggered a sharp reaction across the market, with shares of jewellery companies plunging as much as 9% on Monday in a knee-jerk selloff.But beyond the immediate market reaction, the Prime Minister’s appeal appears rooted in a larger macroeconomic concern: protecting India’s foreign exchange reserves at a time of elevated global uncertainty, rising crude oil prices and pressure on the rupee.Gold outlookThe recent pullback could offer investors an opportunity to gradually accumulate gold, according to Jefferies' Global Head of Equity Strategy Christopher Wood and billionaire hedge fund manager John Paulson. Both believe the precious metal could be at the beginning of a long-term bull run."As people lose faith in paper currencies, gold as an alternative will continue to grow," Paulson said. The billionaire, whose bet against subprime mortgages became one of the most profitable trades in Wall Street history, turned his attention to gold in 2009.Paulson had argued that the fiscal and monetary stimulus following the financial crisis would eventually weaken the US dollar. Since then, gold prices have roughly quadrupled, crossing the $5,000 threshold before pulling back.He said demand for bullion continues to broaden, with central banks adding to their reserves while interest from the private sector also rises."Gold is becoming the most apt reserve currency in the world, replacing fiat currencies," Paulson said. "The demand from central banks, for instance, has continued to grow, as has the private sector."(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)]]> </description><link>https://economictimes.indiatimes.com/markets/stocks/news/titan-company-sky-gold-other-shares-fall-up-to-6-on-pm-modis-second-appeal-to-avoid-gold/articleshow/133670706.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/titan-company-sky-gold-other-shares-fall-up-to-6-on-pm-modis-second-appeal-to-avoid-gold/articleshow/133670706.cms</guid><pubDate>Tue, 01 Sep 2026 11:51:01 +0530</pubDate></item><item><title><![CDATA[Bajaj Auto shares rise 3% after August sales jump 28% YoY]]> </title><description><![CDATA[Bajaj Auto share price gained as much as 2.80% during Tuesday’s trading session, touching an intraday high of Rs 12,470, after the two- and three-wheeler major reported a strong sales performance for August 2026.The stock’s upward move followed Bajaj Auto's report of a 28% year-on-year jump in total sales, with exports emerging as a key growth engine. The strong monthly numbers also come as the stock continues its recent upward momentum.Bajaj Auto sold a total of 5,35,764 units in August 2026, compared with 4,17,616 units in the same month last year, marking a 28% year-on-year increase.Two-wheeler sales were particularly strong, rising 30% to 4,43,748 units from 3,41,887 units in August 2025.The key highlight was the sharp rise in exports. While domestic two-wheeler sales increased 10% to 2,01,898 units, exports surged 53% to 2,41,850 units, underscoring the growing contribution of overseas markets to Bajaj Auto’s overall sales performance.The company’s commercial vehicle segment also maintained healthy momentum. Commercial vehicle sales rose 22% to 92,016 units, supported by an 11% increase in domestic sales and a stronger 39% growth in exports.Bajaj Auto’s strong performance was not limited to August. For the April-August 2026 period, the company sold 24,48,692 units, compared with 18,94,853 units during the corresponding period last year.This represents a robust 29% year-on-year increase in year-to-date sales, indicating sustained demand across both domestic and international markets.Bajaj Auto Share Price, Valuation and Technical IndicatorsBajaj Auto shares have already delivered a strong run in recent months, gaining around 20% over the past three months. The stock touched its 52-week high of Rs 12,470 during Tuesday’s session. Bajaj Auto currently commands a market capitalisation of approximately Rs 3,43,503 crore.From a valuation perspective, the stock is trading at a P/E ratio of 28.31, while its Price-to-Sales ratio stands at 3.9 and Price-to-Book ratio at 8.28.On the technical front, Bajaj Auto’s 14-day RSI stands at 69.1. An RSI reading below 30 is generally considered to indicate oversold conditions, while a reading above 70 is typically viewed as overbought. With the RSI now approaching the 70 mark, investors may keep a close watch on the stock’s near-term momentum.The technical setup remains positive, with Bajaj Auto trading above all 8 monitored simple moving averages (SMAs), indicating a broadly bullish trend.During the June 2026 quarter, Foreign Institutional Investors (FIIs) increased their stake in Bajaj Auto from 8.82% to 9.01%. Meanwhile, Mutual Fund holdings declined from 7.17% to 6.01% during the same quarter.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)]]> </description><link>https://economictimes.indiatimes.com/markets/stocks/news/bajaj-auto-shares-rise-3-after-august-sales-jump-28-yoy/articleshow/133669115.cms</link><guid>https://economictimes.indiatimes.com/markets/stocks/news/bajaj-auto-shares-rise-3-after-august-sales-jump-28-yoy/articleshow/133669115.cms</guid><pubDate>Tue, 01 Sep 2026 10:46:35 +0530</pubDate></item><item><title><![CDATA[Apple faces Indian engineer’s bias lawsuit]]> </title><description><![CDATA[Apple Inc. lost an early round in a discrimination lawsuit brought in the U.S. by a female engineer from India who says her two managers -- one from her country, the other from Pakistan -- treated her as they would in their own countries: as a subservient.The woman’s case in California state court is the latest to allege workplace bias in Silicon Valley that focuses on cultural prejudices of some tech workers from South Asia. Cisco Systems Inc. is fighting a suit brought by California’s civil rights agency alleging bias against a member of India’s so-called lower castes, known as Dalits.Anita Nariani Schulze is part of the Sindhi minority -- she is Hindu, with ancestry in the Sindh region of what is now Pakistan. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticized her, micromanaged her work, and deprived her of bonuses, despite positive performance evaluations and significant team contributions.Schulze claims the managers’ animus reflects sexism, racism, religious bias and discrimination on the basis of national origin. The Sindhi Hindu nationality is “known for its technical acumen” and its gender equality, she says, which “exacerbated the managers’ discriminatory treatment.”In a tentative ruling on Wednesday, Santa Clara County Superior Court Judge Sunil R. Kulkarni rejected Apple’s request to toss out the suit. While not ruling on the merits of the case, Kulkarni said Schulze had adequately supported her legal claims. Apple had argued her claims weren’t specific enough and were based on stereotypes.But the judge rejected Schulze’s request to represent a class of female Apple employees who suffered job discrimination over the last four years. He agreed with Apple that she didn’t show a pattern of discrimination that could be applied to a broader group.It wasn’t clear from the court’s docket whether the judge will hold a hearing Thursday before issuing a final ruling.Apple didn’t immediately reply to a request for comment.In the Cisco case, the California Department of Fair Employment and Housing alleged that two Indian employees at the San Jose-based company discriminated against a Dalit co-worker on the basis of caste.Cisco has denied the claims, insisting it has “zero tolerance for discrimination.” It also said the lawsuit should be tossed out because caste isn’t a protected category under U.S. civil rights law.]]> </description><link>https://economictimes.indiatimes.com/tech/technology/apple-faces-indian-engineers-bias-lawsuit/articleshow/81694292.cms</link><guid>https://economictimes.indiatimes.com/tech/technology/apple-faces-indian-engineers-bias-lawsuit/articleshow/81694292.cms</guid><pubDate>Thu, 25 Mar 2021 23:14:01 +0530</pubDate></item><item><title><![CDATA[Ravi Shankar Prasad questions Arnab Goswami's arrest]]> </title><description><![CDATA[NEW DELHI: Law Minister and senior BJP leader Ravi Shankar Prasad on Wednesday described the arrest of Republic TV Editor-in-Chief Arnab Goswami as "seriously reprehensible, unwarranted and worrisome."He also questioned the silence of the Congress leadership when its government in Maharashtra was "blatantly suppressing freedom of press."Police on Wednesday arrested Goswami in Mumbai for allegedly abetting suicide of a 53-year-old interior designer, a police official said."The arrest of senior journalist Arnab Goswami is seriously reprehensible, unwarranted and worrisome. We had fought for freedoms of Press as well while opposing the draconian Emergency of 1975," Prasad said in a series of tweets.The arrest of senior journalist #ArnabGoswami is seriously reprehensible, unwarranted and worrisome. We had fought… https://t.co/d5fY66b1w5&amp;mdash; Ravi Shankar Prasad (@rsprasad) 1604465175000He said while Congress leaders Sonia and Rahul Gandhi have attacked the Modi government "through motivated charges of attack on institutions" yet they are completely silent when their own government in Maharashtra is "blatantly suppressing freedom of Press."He claimed it to be a "textbook case of hypocrisy."Sonia Gandhi and Rahul Gandhi have openly attacked @narendramodi Govt through motivated charges of attack on instit… https://t.co/TZHS3W6pFJ&amp;mdash; Ravi Shankar Prasad (@rsprasad) 1604464512000"One can differ, one can debate and one can ask questions too. However arresting a journalist of the stature of Arnab Goswami by abuse of police power, because he was asking questions, is something which we all need to condemn," the Union minister said.One can differ, one can debate and one can ask questions too. However arresting a journalist of the stature of… https://t.co/uc4hEu3uA4&amp;mdash; Ravi Shankar Prasad (@rsprasad) 1604463867000The ruling alliance in Maharashtra comprises the Shiv Sena, the Congress and the Nationalist Congress Party.]]> </description><link>https://economictimes.indiatimes.com/news/politics-and-nation/ravi-shankar-prasad-questions-arnab-goswamis-arrest/articleshow/79035225.cms</link><guid>https://economictimes.indiatimes.com/news/politics-and-nation/ravi-shankar-prasad-questions-arnab-goswamis-arrest/articleshow/79035225.cms</guid><pubDate>Wed, 04 Nov 2020 11:10:34 +0530</pubDate></item><item><title><![CDATA[Delhi govt to recruit 15,000 more home guard personnel: LG]]> </title><description><![CDATA[New Delhi: The Delhi government will recruit 15,000 home guards, taking their total number to 25,000, an official statement said on Wednesday.  Delhi LG VK Saxena on Tuesday distributed letters of enrolment to 1669 home guards out of 10,000, for which the recruitment process was started in January, said the statement from the Raj Niwas.  Addressing the newly recruited home guards at an event, the LG said that in the near future additional 15,000 home guards will be added, taking their total strength to over 25,000 it said.  The newly recruited home guards included 226 former civil defence volunteers (CDVs) who were working as bus marshals when they were removed in November last year. The new recruits also included 181 women, the statement said.  The LG in January this year cleared enrolment of 10,285 home guards and directed that the CDVs be given preference in the form of extra credit points in the selection process. However, some candidates approached the court, and as a result, the appointment on 7,939 posts of home guards was kept pending as the matter became sub-judice. The LG, had however, directed appointment of 2,346 home guards who qualified physical measurement and efficiency, and written tests. Out of 2,346 posts, 1669 cleared the medical test and were handed over their appointment letters. In response to the advertisement for 10,285 vacancies, total 1.09 lakh applications were received but only 32,511 reported for the physical test. Meanwhile, the some applicants moved the high court over various issues and a status quo was ordered by the court. The LG has also directed the director general (home guards) to ensure that the remaining 7,939 vacancies are also filled up at the earliest after taking cognizance of the court matters, added the statement.]]> </description><link>https://economictimes.indiatimes.com/jobs/government-jobs/delhi-govt-to-recruit-15000-more-home-guard-personnel-lg/articleshow/115980286.cms</link><guid>https://economictimes.indiatimes.com/jobs/government-jobs/delhi-govt-to-recruit-15000-more-home-guard-personnel-lg/articleshow/115980286.cms</guid><pubDate>Wed, 04 Dec 2024 22:15:01 +0530</pubDate></item></channel></rss>