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Subscribe to enjoy similar stories. Shareholders around the world have enjoyed another stellar year. Stockmarkets in America, Europe, India and Japan are set to finish 2025 at or near all-time highs, with some closing in on a third consecutive year of double-digit gains.

₹10 crore.In case of ‘genuine errors’ or delayed filings, the micro, small and medium enterprises (MSMEs) may first be issued a warning, and penalties could be waived for the first two such instances, said the first person mentioned above.Currently, under Section 47 of the CGST Act, a delay in filing GSTR-1, GSTR-3B, or GSTR-9 attracts a late fee, which increases daily until it reaches a maximum cap. An enterprise is also liable to pay interest at 18% per annum on the outstanding GST amount if the payment is delayed.India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports.

Subscribe to enjoy similar stories. New Delhi: As India manages record procurement volumes at home while cementing its role as a key supplier in the global food markets, the government is preparing to roll out artificial intelligence (AI)-powered automated grain analyzers (AGA) from next year to modernize how food grains are tested, stored and distributed, two people with direct knowledge of the development said.

As January approaches, Ashok Vaswani will begin his third year as managing director and chief executive officer (CEO) of Kotak Mahindra Bank Ltd. Soon after Vaswani joined the bank, it had to start untangling itself for regulatory crosshairs. Since then, the RBI-imposed embargo on enlisting more digital customers has been lifted, it has made a couple of acquisitions, and is now in the race to acquire a big one, but Vaswani unsurprisingly sidesteps talk of IDBI Bank.

NEW DELHI/MUMBAI: Defence and aerospace companies are competing with high-frequency trading companies and tech giants in the clamour for engineers from the Indian Institutes of Technology (IIT), buoyed by their expansion plans and the entry of private firms in the space and defence sectors.These engineers are set to take on advanced manufacturing and product design projects in private companies based in India and seeking billion-dollar business avenues.“With the rise of space-tech startups—not just rocket makers like Skyroot, but also many promising satellite makers and space-intelligence-based startups in Hyderabad, Bengaluru and elsewhere—for the first time, India's top-tier candidates have a reliable and promising career opportunity to partake in truly world-class engineering right from India,” Temasek-backed Skyroot Aerospace said in an email response to Mint.Founded in Hyderabad by Pawan Kumar Chandana and Naga Bharath Daka, who were once colleagues at the Indian Space Research Organisation, Skyroot Aerospace is India’s highest-funded space startup with $95 million in venture capital funding to date. It is set to make its first commercial rocket launch from Indian soil by March 2026.

Subscribe to enjoy similar stories. Shares of Zydus Wellness Ltd were trading near ₹403 when the company announced the acquisition of UK-based Comfort Click Ltd for about ₹2,380 crore on 29 August. The market initially welcomed the deal, pushing the stock to an all-time high of ₹530.90 on 19 September.

On Thursday the Union government passed the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill 2025 in the Lok Sabha, proposing a sweeping overhaul of India’s two-decade-old rural job guarantee programme. It has now been sent to the Rajya Sabha for discussion.The new bill seeks to replace the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005 and the scheme named after it, MGNREGS, which has 260 million registered workers and covers 26,9000 gram panchayats across India.According to the government, the bill seeks to transform the nature of the scheme by bringing states in as partners, and resolve a longstanding problem in the rural job market—of MGNREGA jobs competing with regular ones when their wages are close to or higher than what local farmers or small contractors pay.Critics, however, say the bill significantly increases the financial and administrative burden on local governments as it passes on some of the wage costs – currently borne entirely by the Centre – to states.Mint takes a closer look at proposed changes, their implications, and the critisisms against them.In a statement on the new bill, the government said rural India has undergone a transformation over the past two decades.

The Reserve Bank of India’s deputy governor T. Rabi Sankar recently responded to a question at a Mint conference on whether stablecoins have a role in the financial system by saying they serve no purpose that fiat money cannot serve. We respectfully disagree.

Subscribe to enjoy similar stories. A barometer check of India's obsession with its movie stars can be had on weekends outside an unmistakable bungalow in Juhu, central Mumbai. Bollywood star Amitabh Bachchan, when he's in town and can, steps on to a raised platform at the gates of his home, Jalsa, Sunday evenings to wave at a thronging crowd of fans.

I don’t know that much about stock markets, but want to start investing in equities.”“What is the point of just investing with mutual funds and portfolio management services (PMSes)? I want to learn and do it myself.”These are some of the questions I get. Often, the unsaid part is, “It is so boring to say that I am invested in a combination of fixed deposits, mutual funds and PMSes.

Denmark has cancelled Christmas—or Christmas cards at any rate. From the end of this month, the nation’s postal service will no longer carry letters.

Subscribe to enjoy similar stories. Bengaluru: A few months ago, Rupali Singh, a sales professional in Gurugram, placed a routine order for some staples on e-commerce platform CityMall. She was aware that the deliveries were sometimes late, but that was tolerable as long as the prices were good.

Subscribe to enjoy similar stories. JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant’s $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain.

Mint’s Annual BFSI Conclave 2025 on Friday, flagged risks associated particularly with stablecoins, considered as the more sensible, utility-driven corner of the crypto universe.Mint takes a look at this growing asset class, and what it may mean for India’s financial system.Stablecoins are a category of cryptocurrencies designed to maintain a stable value, usually by pegging them to relatively secure assets such as fiat currencies, commodities, or other financial assets. First appearing in the mid-2010s, they were created to combine the efficiency of blockchain-based payments with the price stability needed for routine financial use.The most widely used stablecoins are backed by the US dollar.

Subscribe to enjoy similar stories. MUMBAI : Acko, a digital insurtech platform backed by private equity firms General Atlantic and Multiples Alternate Asset Management, among others, has begun preparations for an initial public offering to raise $300-400 million, according to two people close to the development. “The company is in discussions with bankers, and the talks are still preliminary.

Subscribe to enjoy similar stories. Indians work some of the longest hours in a week globally. Unsurprisingly, therefore, Indian employees also report high levels of burnout.

Subscribe to enjoy similar stories. NEW DELHI : The Union government has rolled back the use of the revamped version of the electronic agriculture trading portal (e-NAM 2.0) across most of Rajasthan for now and will continue operating the previous version of the platform in all 173 mandis, or wholesale markets, restricting the upgraded platform to just 10 mandis, two people with direct knowledge of the development said.

Subscribe to enjoy similar stories. MUMBAI: Danish drugmaker Novo Nordisk launched its blockbuster drug Ozempic in India on Friday, priced at ₹8,800 per monthfor a starting dose. The launch comes close on the heels of Wegovy, the company’s other injectable weight-loss drug, which entered the market in June.

Subscribe to enjoy similar stories. Disgraced crypto tycoon Do Kwon was sentenced to 15 years in prison on Thursday after pleading guilty to fraud in connection with the $40 billion crash of his TerraUSD and Luna coins in 2022. Kwon, who had asked for a sentence of five years, pleaded guilty to two criminal counts in August, including one count of wire fraud and one on conspiracy to commit wire, securities and commodities fraud.

Subscribe to enjoy similar stories. If data is the new diet, we’re living through an era of mental fast food. Our thumbs scroll, our eyes dart, and our minds gorge on a buffet of digital calories: tweets, reels, and algorithmic outrage.

UPI, handles roughly 3% of UPI’s daily volume; Real Time Gross Settlement (RTGS), designed for large-value transfers between banks and businesses, processes in a full day what UPI clears within minutes; and for every credit card transaction in the country, there are nearly 40 UPI payments.Each system serves a different purpose, but the comparison underscores how dramatically the centre of gravity in India’s payment landscape has shifted.This pattern demonstrates that UPI’s rise is not merely a technological upgrade; it reflects a deeper behavioural shift in how routine payment activity is conducted across the country.That success story is real, but it is also incomplete. When a single system becomes this dominant, national aggregates start to tell us less and less about what is actually happening on the ground.