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William Shakespeare excelled at stagecraft. The themes in his plays were simple, but their effect dramatic. The bard’s words still resonate in many contexts—such as the economic themes of 2025.

Cognizant Technology Solutions Corp and a former employee representing the US government are jointly approaching a US Court seeking review of a lower court order that mandates investigations into claims of non-payment of visa fees and related taxes to the US government.The move, depending on the outcome, could prevent a lengthy legal process and pave the way for a settlement.On 15 December, Cognizant and Jean-Claude Franchitti, formerly an assistant vice-president with the company acting as a whistleblower for the government, filed a joint motion to the United States Court of Appeals to do away with a New Jersey district court’s order from two years ago that permitted a court trial on claims of Cognizant’s alleged withholding of H-1B visa fees and taxes to the US. The motion has been reviewed by Mint.The genesis of the case goes back to 2023 when Franchitti, representing the US government, said Cognizant had knowingly concealed, misused, and brought employees to the US on other visas, thereby paying lower dues to the government.Franchitti said Cognizant applied for L-1 and B-1 visas for certain employees who did the work coming under the ambit of H-1B visa holders, thereby depriving the (US) government of higher filing fees required for H-1B visas.

With the passage of a law that not only opens the door for private participation in India’s nuclear power industry but also promotes it, the government hopes to meet its target of 100GW in generation capacity by 2047. Currently, it accounts for a mere 2% of our grid capacity, and given India’s demand projection for 2047 and the electricity required to meet it, that goal implies a share of 5% by then.

Gopal (Vittal) is one of those rare leaders who is equally left and right brained. I once barged into Gopal's office and found him listening to Kumar Gandharva while deep in his Excel sheets. — Sudhir Sitapati, managing director and chief executive officer (CEO) of Godrej Consumer Products.Over the last nine-ten years, India's telecom sector has been buffeted into submission by the entry of the country's richest and most powerful businessman into phone services.

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₹10,000 becomes ₹20,000. As per media reports, the 8th CPC may recommend the fitment factor of 1.92-2.86, largely in line with 1.86 recommended by the 6th CPC and 2.57 by the 7th CPC.While the pay increases add to the government's employee costs, recent trends show they have become less cumbersome.The central government spent ₹2.75 trillion on the pay and allowances of its regular civilian employees in FY23, accounting for 6.6% of the total budgetary expenditure.

Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected] the past decade, a silent crisis has been unfolding in India's middle class.

Write to Edith Hancock at [email protected] all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

. The company ditched plans last year for its Cruise robotaxi program after spending $10 billion and a decade on its development. It has suffered setbacks around its EV and autonomous-driving strategies.

₹5 and ₹10, even as ₹1 candies continue to dominate the market. The shift is part of the company’s effort to balance its portfolio in a candy market still heavily skewed toward ultra-low-value purchases.Nearly 70% of Perfetti’s business in India comes from the ₹1 segment, which dominates small mom-and-pop stores and drives the bulk of category sales. The company plans to increase the share of its ₹5-and-above portfolio from about 30% over the next three to four years; this number stood at just 7% in 2019.

The Sustainable Harnessing and Advancement of Nuclear Technology for India (Shanti) Act of 2025 is a watershed moment in making nuclear power a part of the country’s decarbonization strategy. It paves the way to achieve a target of 100GW of nuclear power capacity by 2047, while removing structural and legal hurdles that constrained investment, slowed capacity addition and kept the sector technologically insular.The Act heralds three transformative shifts. First, it opens the door for private sector participation in nuclear power generation, equipment manufacturing and fuel-cycle services.

India’s exports are heavily dependent on the US, and are currently under threat due to high tariffs. But hidden in numbers is another simple story: the region that could boost Indian exports is not across the Pacific, but across its borders.

India’s economy was under $1 trillion when its rural job-guarantee scheme was launched in 2006. Now it’s four times that size. By turning the Indian state into an employer of last resort, it created a useful safety net.

Last week, finance minister Nirmala Sitharaman introduced the Securities Markets Code Bill of 2025 in Parliament, aimed at building a new legislative scaffolding for India’s securities markets.The Bill, which has been sent to the parliamentary panel on finance for comments and inputs, proposes to merge and replace three laws: the Securities and Contracts (Regulation) Act of 1956 and those related to the market regulator, Securities and Exchange Board of India (Sebi), and depositories. This was necessary to address multiple overlaps among those legacy acts of legislation.

Since stepping into the role of Flipkart's chief product and technology officer (CTPO) in September, Balaji Thiagarajan has been overseeing OneTech and the internal organization of engineers, product managers and tech specialists who collaborate to solve infrastructure challenges, build features and test them at scale.In an interview with Mint, he explains how this unified stack is modernizing Flipkart’s architecture for an initial public offering (IPO) readiness, quick commerce expansion via Flipkart Minutes, trust features such as fraud detection, warehouse automation, and fintech growth as the Walmart-owned firm shifts domicile to India for a potential listing.The Walmart-owned firm got the National Company Law Tribunal's nod this month to shift domicile from Singapore to India ahead of a potential 2026 listing. It follows Flipkart’s $1 billion funding round in May 2024, led by Google that valued it at $35-36 billion.

₹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.

Real estate firms have long preferred traditional advertising and marketing messages—choosing billboards over Instagram ads and sticking to celebrity endorsements and the promise of an exotic, often foreign, lifestyle. The House of Abhinandan Lodha (HoABL) is attempting to break the mould in two ways. First, it is attempting to create a brand around plots of land, rather than already built properties.

Russian energy, has also agreed to meet some of its demand from the US. Yet Russia remains relevant, having worked around the trading system through bilateral deals and its shadow fleet.On the other hand, Washington's attempts to derail China’s economy have largely fallen flat.

India’s fertilizer subsidy has long weighed heavily on the exchequer. The revised budget allocation for it in 2024-25 stood at ₹1.83 trillion. Nitrogen-based urea absorbed over 65% of it, while phosphatic and potassic fertilizers claimed the rest under the nutrient-based subsidy (NBS) regime.

Sitting in the conference room of his office in Bengaluru, Ather co-founder and chief Tarun Mehta is amused at a question on how life has changed since the company went public. The bespectacled 36-year-old says he is frequently asked this, nearly everywhere he goes.“I'm getting a bit of a fomo (fear of missing out) right now. There's something I'm missing about what should have changed.

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