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…
Warren Buffett, chairman and CEO of Berkshire Hathaway (Image credits: AP) Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday to the Bill & Melinda Gates Foundation and four family-run charities. This marks his largest annual donation since he began giving away his fortune in 2006.The donation included about 12.36…
The full retirement age (FRA) for Social Security benefits in the United States will increase to 67 starting in 2026, affecting millions of Americans planning their retirement. Those opting to retire early at age 62 could see up to a 30 per cent reduction in monthly benefits.The change stems from reforms signed into law by…
The need to scale up research and development (R&D) across Indian academia and industry was a recurring theme at the ‘AI for India’ summit in Bengaluru, where leading voices in artificial intelligence stressed the urgency of cross-sectoral collaboration to make AI work at scale in India.“This is an opportunity. R&D must step up, and this…
A large volume of pre-IPO lock-in shares worth $1.86 billion is set to expire in July 2025, potentially triggering shifts in the shareholding patterns of several recently listed companies, including Jyoti CNC Automation, Unimech Aerospace, and Medi Assist Healthcare. According to a Nuvama Institutional Equities report, these lock-in expiries span both promoter and non-promoter holdings…
Meesho representative image Bengaluru-based ecommerce marketplace Meesho has received shareholder approval to launch its initial public offering (IPO), aiming to raise Rs 4,250 crore (about $500 million) through a fresh issue of equity shares, according to filings with the Registrar of Companies.The approval was granted at an extraordinary general meeting of the company. The IPO…
