A consumer commission in Rohtak, Haryana, has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and litigation costs. The commission ruled that charging for the bag constituted a deficiency in service and an unfair trade practice.
Europe has a chance to attract investment and boost strategic autonomy but must reform and cut red tape to compete with the US and Asia, according to speakers at the FII Institute summit in Rome. Greater regulatory flexibility and faster decision-making are key to channeling capital into strategic sectors.
The European Commission is struggling to implement its ambitious plan to slash red tape and save the EU economy billions, facing significant pushback from EU governments and lawmakers who are diluting proposals. Commissioners expressed frustration over the rollback of simplification efforts, particularly concerning chemicals, digital, environmental, and pesticides rules, as negotiations become tense over balancing competitiveness with environmental and health safeguards.
Post-Brexit red tape, visa rules, and extra costs are significantly limiting work opportunities for UK actors in the EU, impacting both established and emerging talent, particularly those from working-class backgrounds.
This week’s budget revealed a number of ways the federal government is expected to use artificial intelligence to cut back on red tape. One expert says the benefits are "mostly good".
Treasurer Jim Chalmers says Australia's productivity problem will take a long time to fix, but a $10 billion annual saving on business compliance costs is a start.
A bonfire of red tape to unleash investment and complete stalled projects across Vietnam may drive economic expansion but is unlikely to offset the damage caused by US tariffs and the fuel crisis which have threatened the country’s growth ambitions. Vietnam’s Communist Party General-Secretary and President To Lam, the most powerful leader in a generation, has set an annual growth target of 10 per cent until 2030 to galvanise a nation whose ponderous bureaucracy has snarled private investment and...
A bonfire of red tape to unleash investment and complete stalled projects across Vietnam may drive economic expansion but is unlikely to offset the damage caused by US tariffs and the fuel crisis which have threatened the country’s growth ambitions. Vietnam’s Communist Party General-Secretary and President To Lam, the most powerful leader in a generation, has set an annual growth target of 10 per cent until 2030 to galvanise a nation whose ponderous bureaucracy has snarled private investment and...
Robhy Bustami, co-founder and CEO of BioticsAI, discusses building an AI copilot for ultrasound that detects fetal abnormalities. The company built an early prototype for under $100,000, won TechCrunch Startup Battlefield in 2023, and received FDA approval in January. Bustami emphasizes integrating regulatory strategy with product development from day one, early engagement with FDA through pre-submission meetings, and maintaining team alignment through visible R&D wins. The company is now deploying in hospitals and plans to expand beyond obstetrics into broader reproductive health.
Brussels says national governments are making EU rules more burdensome than intended.
German conservative leaders met with EU Commission President Ursula von der Leyen in Berlin on Monday to demand aggressive EU deregulation, presenting a strategy paper with 27 far-reaching demands. The talks focused on weakening the Industrial Accelerator Act and AI Act, with von der Leyen publicly aligning her goals with German business priorities despite behind-the-scenes pressure from Berlin's center-right bloc.
Marine Le Pen and Jordan Bardella have pledged to 'liberate' the French economy by slashing regulations and bureaucracy, tasking National Rally officials with meeting business lobbies to compile a list of 'harmful' rules to cut if the far-right party wins power in 2027. The group will scrutinize both EU and French regulations, with the goal of publishing a simplification decree at the start of their term. The party, leading in polls ahead of the 2027 presidential election, has been seeking to woo the business community, meeting with MEDEF and billionaire Bernard Arnault, though executives describe the encounters as robust exchanges rather than cozying up.
Cutting red tape and compliance costs will be a focus of next month's federal budget, Treasurer Jim Chalmers says, as a group of businesses call for a slash to regulatory costs in response to the Middle East war. Follow live.
