Just 21 out of the 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentives till March 31, 2025, with total disbursements reaching Rs 1,162 crore, according to data provided by the Department of Telecommunications (DoT).The telecom PLI scheme, which began on April 1, 2021, and is scheduled to end in the…
RBL Bank is targeting higher net interest margins (NIM) from its retail business by expanding its share of higher-yielding assets, including a foray into commercial vehicle (CV) financing and used four-wheeler loans in the next three months, a top executive said.Kumar Ashish, head of retail assets and collections, said the private sector lender is looking…
Indian IT giants are reorienting their business models around artificial intelligence, shedding traditional digital transformation narratives in favour of AI-native strategies focused on high-margin applications and integration — not foundational AI research.A review of FY25 annual reports of Tata Consultancy Services (TCS), Infosys, Wipro and Tech Mahindra reveals a clear pattern: India’s top tech firms…
India’s top food brands: Amul tops again; Mother Dairy climbs to No.2 Amul has once again emerged as India’s most valuable food brand, with a brand value of $4.1 billion, according to the Brand Finance India 100 – 2025 report. The Gujarat-based dairy giant retained its top position ahead of Mother Dairy, which climbed to…
This is an AI-generated image, used for representational purposes only. Starting July 2025, several leading banks, including SBI, HDFC Bank and Kotak Mahindra Bank, will roll out significant changes to their credit card terms, including revised insurance benefits, new transaction charges, and product migrations. Cardholders are advised to review these updates carefully to avoid unexpected…
India’s manufacturing MSMEs are facing an overwhelming regulatory burden, with compliance costs ranging between Rs 13 to Rs 17 lakh per year, according to a new report by TeamLease RegTech. Titled ‘Decoding Compliance for Manufacturing MSMEs in India’, the study highlights the high volume, complexity, and cost of adhering to India’s regulatory landscape for small…
Russian oil major Rosneft has initiated preliminary discussions with Reliance Industries for a potential sale of its 49.13 per cent stake in Nayara Energy, according to sources cited by PTI. The talks, still in early stages, could mark a major consolidation in India’s oil refining and fuel retailing space, positioning Reliance to become the country’s…
India’s ban on ships carrying goods originating in or exported from Pakistan has led to a sharp rise in freight charges and longer shipping times for Pakistani importers, Dawn newspaper reported, citing industry officials.The ban, imposed on May 2, 2025, following the Pahalgam terror attack, prohibits both direct and indirect movement of Pakistani goods through…
This is an AI-generated image, used for representational purposes only. The ministry of new and renewable energy (MNRE) has unveiled revised guidelines for its Waste-to-Energy (WtE) Programme under the National Bioenergy Programme, aiming to simplify procedures, enhance transparency, and link financial support to the actual performance of energy plants.According to a statement from the ministry,…
Representative image (Image credits: ANI) Foreign portfolio investors (FPIs) made a net investment of Rs 13,107.54 crore into Indian markets during the week of June 23 to June 27, according to data released by the national securities depository limited (NSDL). The strong inflow reflects a surge in investor confidence, with heavy buying especially on Monday…
