Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over $500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report.
The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.
Chief Economic Advisor V Anantha Nageswaran on Thursday said he expects that a solution to the tariff issues with the US is likely to be arrived in the next eight to ten weeks.
With the music industry pushing for growth in the paid subscription segment, Universal Music India anticipates that the Indian market will mature, potentially becoming a highly impactful paid market for music over the next five years.
The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.
As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.
The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.
India's first World Cup-winning captain Kapil Dev says a modern-day head coach's role is more about "managing" players than actually coaching them, amid criticism surrounding Gautam Gambhir's working style.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'
However, these are understood to be exploratory talks, with an agreement unlikely to be formalised during the current visit.
'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'
Afghan Acting Foreign Minister Amir Khan Muttaqi met Federation of Indian Chambers of Commerce and Industry (FICCI) members on Monday to discuss opportunities in his country, especially in the mining sector. The Taliban, who now control Afghanistan, is seeking to repair its ties with New Delhi, and is hopeful of Indian public and private sectors increasing investments in the mining and power sector, and greater trade and commerce.
This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.
The government is finalising a major GST overhaul with automated refunds, pre-filled returns, and analytics-based scrutiny to simplify compliance and boost liquidity for MSMEs.
Let actor Kamal Haasan go to court, but no theatres in Karnataka will screen Thug Life, Karnataka Film Chamber of Commerce president M Narasimhalu said on Monday.
'It will increase the contribution to gratuity, which is something the employer has to give.'
It's a proud moment for India.
Former South African cricketer Jonty Rhodes said that Team India does not need to prepare turning wickets as they can bowl out their opponents with their pace line-up and having another spin-friendly wicket for the second Test against South Africa will be a "big test of their ability".
The Karnataka high court stayed enforcement of the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, which fixed a cap for movie ticket prices at Rs 200 across the state.
The Karnataka High Court has stayed the enforcement of a rule that capped movie ticket prices at Rs 200 across the state, following a petition by the Multiplex Association of India and other cinema stakeholders.
Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.
Jammu and Kashmir Chief Minister Omar Abdullah on Monday left his official residence on foot for his office at the Civil Secretariat in Jammu, marking the resumption of the biannual 'Darbar Move' after a gap of four years.
'Kashmir has so many stories, cultures, and folklore. It should be promoted. We should definitely have more stories out of Kashmir.'
The inclusion of the Kolhapuri chappal in Prada's new show -- without proper collaboration or acknowledgement --not only undermines the artisans' cultural heritage but also monetises a centuriesold craft without benefiting its rightful custodians.
Jammu and Kashmir Lieutenant Governor Manoj Sinha claims a significant reduction in the fear of terrorism in the Kashmir Valley, citing increased industrial activity in Pulwama and a decline in local terror recruitment.
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. US tariffs of 50 per cent on Indian goods came into effect on August 27.
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
Singer Sonu Nigam has issued an apology following a controversy at a concert in Bengaluru. The singer, known for tracks like "Abhi Mujh Mein Kahin", "Dil Dooba" and "No Entry", said his love for Karnataka is bigger than his ego. The incident took place on April 25 when Nigam was performing at a college in Bengaluru and a group of boys threatened him to sing in the Kannada language. Nigam responded by saying, "Kannada. Kannada. This is the reason behind the incident in Pahalgam." Many found comments made by Nigam hurtful and an FIR was registered against him at the Avalahalli Police Station in Bengaluru. The Karnataka Film Chamber of Commerce (KFCC) announced a 'non-cooperation' campaign against Nigam for his allegedly controversial remark, which hurt the sentiments of the Kannadaigas.
Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.
The move comes in response to the Karnataka Film Chamber of Commerce's (KFCC) recent announcement that it would not permit the screening of the film in Karnataka unless Haasan issues a public apology for his comment suggesting that Kannada evolved from Tamil.
India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.
Karnataka Film Chamber of Commerce (KFCC) said on Thursday that it will not allow the release of Kamal Haasan's film Thug Life in Karnataka unless he issues a public apology by May 30 for his controversial remark about the Kannada language.
The team toured four clusters in and around Kolhapur where Kolhapuri chappals are made.
'Traders and exporters will have to explore alternative markets.'
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
The Karnataka high court on Tuesday strongly criticised actor and filmmaker Kamal Haasan for his recent remark suggesting that "Kannada was born out of Tamil", and observed that a "single apology could have resolved the situation."
