MUMBAI: Nearly four out of five of India’s leading young entrepreneurs are self-made, underscoring a shift in the country’s business landscape from inheritance to merit, according to the Avendus Wealth – Hurun India Uth Series 2025. The report shows that about 80% of business leaders under 40 featured in the ranking are first-generation founders.The study…
The Union Cabinet on Wednesday approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31, along with an extension of government funding support for promotional, developmental and gap-funding activities, according to an official statement issued by the government.The decision, cleared by the Cabinet aims to strengthen old-age income security for unorganised sector…
As the Union Budget 2026 approaches, industry bodies have flagged key expectations focused on easing pressure on micro, small and medium enterprises (MSMEs) and strengthening the startup ecosystem amid funding constraints and regulatory challenges. With employment generation and entrepreneurship high on the policy agenda, stakeholders are looking for targeted measures that address cash-flow stress, compliance…
The Court drew a clear distinction between a “refusal” to live with the husband and mere non-compliance with a restitution decree. (AI image) On 10th January 2025, the Supreme Court, in a historic ruling, reaffirmed the social-welfare character of maintenance laws and held that a husband cannot evade his maintenance obligation under Section 125 of…
MUMBAI: AU Small Finance Bank, which has received RBI nod to convert into a commercial bank, reported a net profit of Rs 667.66 crore for the December 2025 quarter, up 26.3% from Rs 528.45 crore in the corresponding quarter last year. The improvement was driven by strong growth in core earnings and a sharp reduction…
Indian Oil Corporation Ltd (IOCL) said that the country’s refineries are capable of processing Venezuelan crude if supplies resume. “If at all things start settling down, if at all a lot of crude starts coming out of Venezuela, then can’t we import oil from Venezuela?” he said.The executive further added that the company, used to…
Stock market today (AI image) Stock market today: Weighed down by weak global cues, Indian equity benchmarks Nifty50 and BSE Sensex, opened in red on Wednesday after over 1% declines in the Tuesday session. While Nifty50 was below 25,200, BSE Sensex dropped over 200 points. At 9:16 AM, Nifty50 was trading at 25,192.65, down 40…
Union minister Ashwini Vaishnaw on Wednesday clarified that while India remains engaged with major global powers, the World Economic Forum (WEF) at Davos is largely a platform for the exchange of ideas rather than a venue for formal group-to-group trade negotiations.Responding to a query on whether India would hold meetings with the US delegation at…
NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) exposure to the equity market has for the first time reached 10%, as the retirement fund body looks for avenues to augment its income to sustain the persistent high annual returns amid falling govt bond yields, where nearly 85% of its investible corpus is parked.“EPFO is allowed…
MUMBAI: Inspira Global, which owns the Chinese Wok brand, is acquiring Burger King India operator Restaurant Brands Asia (RBA). As part of the deal, Everstone Capital will exit RBA by selling its entire 11.3% stake to Inspira Global for about Rs 460 crore. The quick service restaurant space has been going through a slowdown on…
