Page 3 - Private Sector

Inherent risks in sustainable finance drive up lending costs: RBI's Rao

He noted that this prompts private sector investors and lenders to seek appropriate de-risking mechanisms

Sunil Bharti Mittal joins World Bank's pvt sector investment lab initiative

The World Bank Group on Thursday announced the launch of the next phase of PSIL

Result preview: Capital goods sector may see modest profit growth in Q4

It would be supported by a rebound in defence and transmission orders

Parl panel flags non-contribution by pvt sector employers in employees' PF

A Parliamentary Committee on Thursday pointed out non-payment of contribution by private sector employers towards their employees' provident fund and asked the government to take up the matter with EPFO in case any such grievances are received. The observation was recorded by the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice in its 146th report, tabled in Parliament on Thursday, on the Demands for Grants (2025-26) pertaining to the Department of Administrative Reforms & Public Grievances (DARPG) and Department of Pension & Pensioners' Welfare. "It has come to the notice of the Committee, that in the form of public grievances a large number of employees who work in private sector where funds are under the watch of EPFO, the employer do not pay their share of contribution and even sometimes do not even pay the employees' contribution as well," the report said. The panel said some of the private sector organisations have made

Former Kearney India head Vikas Kaushal named Hindustan Petroleum CMD

Kaushal to be the first head of a state-owned oil major from the private sector, to take an 80 per cent pay cut

How can pvt investment shape India's defence? Experts debate at BS Manthan

At BS Manthan, experts stress that private sector investment is key to making India's defence industry self-reliant, competitive, and globally influential

India's economic reset underway but clock is ticking: Experts at BS Manthan

India's economy is growing, but seizing its full potential means spurring corporate investment, tackling judicial delays and ensuring inclusive growth, said panelists on the first day of BS Manthan

BS Manthan: Can private firms drive India's defence self-reliance?

Can private firms drive India's defence self-reliance? BS Manthan brings top experts to discuss policy reforms, industry innovation, and the future of military technology

Services sector growth pushes India's private sector output to 6-month high

The survey noted that companies operating across India's private sector economy continued to see improved international demand for their goods and services

China's services activity grows at slower pace in Jan, PMI slips to 51

The Caixin survey showed that new business growth eased to a four-month low, while employment fell to the weakest since April 2024

Union Budget 2025-26: Charting a new growth path amid capex decline

The private sector has pulled back spending on new factories and other long-term assets, while government infrastructure projects, such as new roads, have also slowed

India Inc to boost capex as Budget drives infra, manufacturing, mining

The Economic Survey released on Friday emphasised that the private sector must take the lead in driving economic growth

Govt to share selected data, maps from PM Gati Shakti with pvt sector: FM

The government on Saturday announced to provide certain data and maps from the PM Gati Shakti portal to the private sector, a decision which could help them optimize last-mile delivery services and develop infrastructure-based applications. PM Gati Shakti national master plan initiative was launched in October 2021 for integrated and planned development of critical infrastructure projects to reduce logistics costs. "For furthering PPPs (public private partnerships) and assisting the private sector in project planning, access to relevant data and maps from the PM Gati Shakti portal will be provided," Finance Minister Nirmala Sitharaman said in her Budget speech. Using these data layers like track length details, railway stations, DFC (Dedicated Freight Corridor), Good Sheds, national and state highways/ district layers, MMLPs (Multi Modal Logistics Parks), ware houses, existing airports from different ministries will help private sector to optimize last mile delivery services, ...

Fiscally prudent, reforms-driven Budget paves way for future growth

The focus on uplifting 17 million farmers in 100 weakest farming districts is a step towards ensuring equitable development across the country

Private sector activity slows to 14-month low of 57.9 in Jan: PMI data

The index compiled by S&P Global fell to 57.9 in January from December's final reading of 59.2

Budget 2025-26: Invest in AI education, upskilling, private sector ties

An AI regulation gives comfort around privacy, permissible purpose, ethical and secure AI, said Rajnil Mallik, Partner & Gen AI GTM Leader, PwC India

India Inc's investments rise 39% to Rs 32 trn in nine months: SBI Report

Government investment reached 4.1 per cent of GDP in FY23, the highest since FY12, while private sector investment as a share of GDP climbed to 11.9 per cent

Pvt sector reluctant to invest in India as no-confidence in govt: Cong

The private sector's reluctance to invest in India is a corporate motion of no-confidence in the Narendra Modi government, the Congress claimed on Monday. The opposition party also urged the government to take measures in the upcoming Union budget to stimulate and sustain domestic investment in the country that, it claimed, was on the decline. Congress general secretary in-charge communications Jairam Ramesh said the investment environment in India had been sluggish in the "Modi decade". In a post on X, he said the Gross Fixed Capital Formation had fallen from an average of 32 per cent of GDP during Manmohan Singh's prime ministerial decade to consistently being below 29 per cent of GDP in the past 10 years. "Investment is sluggish because mass consumption is not accelerating, tax and other authorities are threatening and intimidating businesses, and because of the growing perception that only four-five business groups can grow in the Modi regime," he said. "Now comes fresh eviden

CII calls for reforms in priority sector lending framework ahead of Budget

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

Jharkhand HC puts stay on law giving 75% quota in pvt sector jobs to locals

The Jharkhand High Court has put a stay on the implementation of a state law that guarantees 75 per cent reservation to locals for jobs with salaries up to Rs 40,000 a month in the private sector in the state. A division bench, comprising Chief Justice MS Ramchandra Rao and Justice Deepak Roushan, heard a petition filed by a small-scale industries association challenging the provisions of the Jharkhand State Employment of Local Candidates in Private Sector Act, 2021 on Wednesday. As per the Act passed by the Jharkhand Assembly in 2021, every employer shall fill up 75 per cent of the total existing vacancies by local candidates with respect to such posts where the gross monthly salary or wages are not more than Rs 40,000. Jharkhand Small Scale Industries Association counsel AK Das submitted that the enactment has created a clear division between candidates from the state and aspirants from outside Jharkhand. Das claimed that the implementation of the Act is against the principles of