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Subscribe to enjoy similar stories. India’s goods and services tax (GST) framework has a structural timing asymmetry that disproportionately burdens micro and small enterprises. While tax liability is triggered at the point of invoicing, cash realization for many entities occurs months later.

Subscribe to enjoy similar stories. India’s foreign exchange rules governing trade have long evolved through a patchwork of regulations, circulars and banking practices, especially as services exports expanded rapidly alongside goods trade. That structure has now been reset.

Subscribe to enjoy similar stories. New Delhi: India's power distribution sector which has been reeling under high debt and operational losses for several years returned to profits in fiscal 2025. In FY25, distribution utility companies, collectively called discoms, reported a net profit of ₹2,701 crore compared to a loss of ₹25,553 crore in the year before, according to data recently released by the power ministry.

Subscribe to enjoy similar stories. Last week’s Supreme Court judgement holding Tiger Global liable for paying tax on capital gains made on its 2018 sale to Walmart of its stake in Flipkart held through entities in Mauritius might have opened a Pandora’s box. It denies Tiger Global exemption on shares acquired before a 2017 cut-off date under a double taxation avoidance treaty between Mauritius and India on the ground that the deal involved shell firms and the underlying value-generating assets were located in India.

Subscribe to enjoy similar stories. As India’s telecom firms weigh the timing and need for tariff hikes, Reliance Jio Infocomm, India’s largest operator by market share, has ruled out any immediate increase, signalling confidence in organic growth in its average revenue per user (Arpu), driven by rising 5G usage. This contrasts with the stance of rival operators Bharti Airtel and Vodafone Idea that have repeatedly flagged the need for tariff correction to improve their returns on capital deployed.

Subscribe to enjoy similar stories. SINGAPORE—After a year of gung-ho news about China’s gains in artificial intelligence, some elite Chinese AI researchers are coming to a more pessimistic conclusion. The country’s chances of catching up to the U.S.

Subscribe to enjoy similar stories. In a tiles sector grappling with weak demand, Somany Ceramics has clearly fallen behind its peers. Its shares have slid 27% over the past 12 months up to 12 January, far steeper than the 2% decline in Kajaria Ceramics and the 11% fall in Orient Bell over the same period.

Subscribe to enjoy similar stories. India turned a net exporter of finished steel during April–December 2025 after a sharp fall in imports following government curbs, according to a Ministry of Steel report reviewed by Mint. The decline in imports narrowed the gap between inbound and outbound shipments, allowing the country to swing into a net exporter position after years when cheap steel inflows had raised concerns over the profitability of domestic producers.

Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Subscribe to Mint's newsletters to get them directly in your email inbox. Erstwhile semiconductor giant Intel has shed 23% of its global workforce over the past two years.

Subscribe to enjoy similar stories. New Delhi: On Monday, Alphabet became the fourth-ever company to hit a market capitalization of $4 trillion, after announcing a deal with iPhone-maker Apple to power the latter’s AI assistant, Siri. In the week leading up to it, Google’s parent also overtook Apple to become the second-largest company in the world.

Subscribe to enjoy similar stories. The Centre is considering a proposal to require wind and solar farms supplying power to the grid, along with standalone energy storage systems, to install battery storage systems featuring a minimum level of domestic components, three people familiar with the discussions said.

Subscribe to enjoy similar stories. Stock market recap: Stock markets recap: Frontline indices, the Sensex and the Nifty 50, ended in negative territory for the fifth consecutive session on Friday, 9 January, as renewed concerns over US tariffs, caution ahead of the Q2 results season, and relentless foreign capital outflow continued to pressurise market sentiment. The Sensex crashed 605 points, or 0.72%, to end at 83,576.24, while the Nifty 50 declined 194 points, or 0.75%, to close at 25,683.30.

Subscribe to enjoy similar stories. New Delhi: When presenting the Union budget last February, the government projected a 13% growth in direct tax collections for the current financial year, banking on the strong tax buoyancy seen in preceding years. However, between April and mid-December of this year, collections have grown approximately 8%.

Subscribe to enjoy similar stories. New Delhi: India’s plan to connect its interior areas by air has run into heavy weather, with expensive infrastructure and commercial viability playing spoilsport while hundreds of crores are being spent to maintain airports where no planes are landing. The total expense of the government is nearly ₹900 crore on 15 regional airports that are currently non-operational.

₹70 to a dollar. Today, it’s significantly higher.

Insolvency and Bankruptcy Code (IBC), 2016, for insolvency resolution—work in tandem rather than at cross-purposes, while also seeking to harmonize debt recovery rules with other laws, the people added.“The annual financial statement may classify special situation funds (SSFs), a new class of alternative investment funds (AIFs), as financial institutions (FIs) for debt resolution, and give banks greater autonomy by removing the clause that requires borrowers’ approval to withdraw debt recovery proceedings,” the first of the two persons said.Additionally, the government may change the rules of the SARFAESI Act—Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act—to prevent the redemption of securities by borrowers once creditors have finalized the sale, the first person added.Redemption of securities has been a major contributor to the rising volume of litigation in DRTs. As of late 2025, around 178,000 cases were pending before 39 functional DRTs and five Debt Recovery Appellate Tribunals (DRATs) across the country.

The Nifty 500 Total Return Index rose 7.2% in 2025. On paper, that appears to be another year of steady wealth creation for Indian equities.Fund managers will benchmark against it. Retail investors will compare their portfolios to it and wonder where they went wrong.

Millions of girls fall out of India’s education system after school, simply because there is no safe and affordable place for them to live near college. To plug this gap, the Centre is weighing a national programme to build girls’ hostels in districts with an outlay of about ₹10,000 crore in the upcoming Union budget, according to two government officials aware of the matter.The first official said, requesting anonymity, that the proposal envisages at least one dedicated hostel for girl students in each of India’s 806 districts over the next five years.The hostels will be standalone and not connected to any institution, and they will likely be built at district headquarters, near clusters of colleges and universities.

Data from the Federation of Automobile Dealers Association (Fada) data released on Tuesday showed EV penetration grew for two consecutive months after a dip in October, leading to fears that New Delhi’s move to cut tax on ICE vehicles could hurt EV penetration in the long run, as the fossil-fuelled ones were already much cheaper in the price-sensitive Indian market.“Electric vehicle sales are here to stay. There was softening in the last few months, but penetration levels have grown in 2025.

The equity sales of company promoters in India reached a record in 2025, and their purchases fell to the lowest level since 2022, as valuation-driven monetization efforts drove sell calls throughout the year.The year 2025 saw promoter exits worth ₹1.38 trillion through secondary market deals alone, according to data from market intelligence firm PRIME Database. This figure represents a 22% increase from the ₹1.12 trillion figure recorded in 2024.

₹19.6 lakh in FY25 compared to ₹14.5 lakh for a private bank employee, according to data released by the Reserve Bank of India (RBI) on 29 December. The gap has widened since FY24, when the per-employee profit of government-owned banks stood at ₹15.2 lakh, surpassing ₹14 lakh for their private peers.Profit per employee is a key metric that tracks staff productivity.India’s public sector banks had an image of being inefficient, with governments continually injecting fresh capital into them each year.