Mint Mumbai - May 12, 2025

In this issue

May 12, 2025

After clash, a time to talk

Top military-level talks today after Saturday's understanding; India's retaliation was precise, calibrated: DGMO

4 mins

Centre to Speed Up New $3 Bn Scheme for Spy Satellites

India is looking to give its satellite-based surveillance capabilities a rapid makeover, as the country navigates a tenuous ceasefire with neighbour Pakistan after the worst hostilities since the Kargil war of 1999.

2 mins

Audio maker Harman to sell majority stake in India unit

Harman US, the maker of JBL, Harman Kardon and Infinity audio products, is in talks to sell a controlling stake in its Indian unit, three people aware of the matter said.

2 mins

Sebi to ease HFT rules, but keeps watch on retail F&O

The market regulator is keeping a close watch on the options market and may tighten rules for retail investors further, if required, as their participation remains high despite last year's curbs.

2 mins

Humanoid robots may lift auto part makers' fortunes

For auto component makers facing risks from the rise of electric vehicles and looming US tariffs, a new potential market is emerging: humanoid robots.

2 mins

Music labels crack down on influencers violating copyright

A reckoning may be coming for India's booming influencer economy as music labels crack down on the rampant and unauthorized use of copyrighted music on platforms such as Instagram.

3 mins

India's Projected 6.5% Growth Shows Resilience, Now Try for 7-8%

India should target consistent 7-8% annual economic growth to achieve its long-term objectives, Confederation of Indian Industry (CII) president Sanjiv Puri said in an interview with Mint.

2 mins

India, EU FTA talks to resume today

India and the European Union (EU) chief negotiators will begin the next round of talks on the proposed free trade agreement from Monday, with an aim to conclude the first phase of the pact as early as possible, according to an official.

1 min

World Should Take Note of Pak's Nuclear Bombs

It's a tragedy that the rulers of Pakistan have been betraying every overture offered to them

3 mins

CPI inflation likely 3.2% in Apr

If the projections prove correct, this would be the longest streak of continuous easing in inflation in the past five years

1 min

Drug Makers Set To Boost Production Of Combat Meds

India plans to increase the production of combat medicines, including drugs to treat burns, blood replenishers for treatment of trauma injuries such as gunshot wounds, and orthopaedic implants.

1 min

Security to be Heightened at Border Weather Installations

Since these installations are near hostile areas, they are more exposed to attempted sabotage

2 mins

Farmley's $40 million fundraise to aid growth

Healthy snacking brand Farmley has raised $40 million in its series C funding round, which was led by global consumer investment firm L Catterton and other existing investors, such as DSG Consumer Partners.

1 min

BPO firms outpace IT peers in AI adoption

BPOs say client spending cuts on non-essentials don't hit core operations

2 mins

Despite slowing earnings growth, India still seen as equity haven

There's now a visible shift in capital moving out of the US—a trend not seen for many years. Swanand Kelkar Managing partner at Breakout Capital Advisors

4 mins

Is L&T FY26 guidance on lower side?

Spoiling the show

2 mins

Shareholding moves in Q4: Million new investors flocked to these cos

While some companies gained investor traction, others saw significant pullback in retail ownership

2 mins

Crafting Bharat—Season 2 Launches Its Debut Episode With Dheeraj Pandey Of DevRev

Dheeraj Pandey, co-founder and CEO of DevRev, on scaling a global AI powerhouse, bridging the gap between developers and customers. And how AWS Startups is enabling India's SaaS 2.0 revolution—contributing to the mission of transforming India into a developed nation by 2047

3 mins

Centre to Hasten Spy Satellite Programme

Emailed queries sent to the three companies, as well as the defence ministry—the nodal ministry that will access the satellites for national defence and security usage—did not receive responses till press time.

1 min

Solar Energy Corp CMD Gupta Sacked

Govt did not cite any reason for terminating the former IAS officer's term

2 mins

CAN AI SPARK GROWTH AND JOY FOR OFFLINE RETAIL?

The hype around 10-minute delivery apps and online retail in general often blinds us to the still-relevant truth that even today, more than 85% of global retail sales still happen through physical stores.

2 mins

AI, identity and drama: Everyone's a character

Consumers are creating avatars, crafting narratives and in the process, redefining self-branding

3 mins

Rapido Ramps Up 4-Wheeler Play to Take on Ola, Uber

Ride-hailing company also plans to double its presence in India across segments this year

3 mins

Trump Promised to End Two Wars Quickly. In Private, He Admits He's Frustrated.

The president has told donors resolving the conflicts has been more difficult than he thought

4 mins

The giants of Silicon Valley are having a midlife crisis over artificial intelligence

Middle age hits hard—even for the Kings of Silicon Valley.

4 mins

The stealthy lab cooking up Amazon's secret sauce

The entrepreneur looked around a Seattle restaurant for a booth where he could have a private conversation.

4 mins

Sikkim to get new railway line

The final location survey for a new line in Sikkim, from Melli to Dentam via Jorethang and Legship, has been approved by the railway ministry, an official statement said.

1 min

Defence corridor in UP gets BrahMos

Defence minister Rajnath Singh on Sunday inaugurated a 200-acre BrahMos missile integration and testing facility in Lucknow, highlighting Uttar Pradesh's burgeoning defence corridor which he said has already created 1,500 jobs.

1 min

Trump hails 'total reset' in US-China trade relations

S President Donald Trump hailed a \"total reset\" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions.

1 min

Two-wheeler sales to sustain in FY26

The domestic two-wheeler industry is expected to sustain growth momentum this fiscal, aided by income tax relief, enhanced infrastructure spending and expectations of a normal monsoon, TVS Motor Co.'s chief executive officer K.N. Radhakrishnan told analysts in a call.

1 min

IPL Likely To Resume On 16 Or 17 May

Suspended due to the India-Pakistan military conflict, the Indian Premier League (IPL) is set to resume either on 16 or 17 May with the possibility of the final being moved out of Kolkata.

1 min

No duty cuts on UK wines under FTA

India won't provide duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) announced on 6 May, according to an official.

1 min

Sintex to diversify into pipes, wires

Welspun Group is diversifying Sintex, a company acquired through insolvency, into segments including pipes, aiming to corner 5% market share of this highly competitive space in the next seven years, said a company official.

1 min

Early Monsoon Sparks Rich Harvest Hopes, Easing Inflation

Experts say the early monsoon will aid paddy, maize, cotton, soybean and oilseeds

1 min

Your AC Is Ancient; The Future Of Cool Isn't

A century-old technology still rules the residential AC market. Change may be a while coming, but it is in the air

8 mins

Will India-UK Pact Aid Cross-Border, Mobile Workers?

Both India, UK must offer more clarity on DCC rules to ensure workers fully know the rights

2 mins

Why Is Mirae CEO Worried About Falling Short on Retirement Funds?

Mohanty Outlines His Strategy to Grow His Nest Egg Amid Rising Life Expectancy, Inflation and Healthcare Costs

4 mins

How to diversify your retirement corpus

My father is nearing retirement. We plan to sell land and properties worth ₹3.4 crore and buy a ₹1.75 crore home.

2 mins

Let us aim for a durable India-Pakistan ceasefire

The cessation of armed hostilities has held patchily and remains fragile. Now India must leverage its economic heft for a global geopolitical bargain to enforce peace in South Asia

2 mins

Just how 'innocent' are civilians during times of war?

Most people do not wish other people harmed but there is enough insanity around to jinx peace prospects

4 mins

Operation Sindoor: A doctrinal shift and also an inflection point

An India that's firmly on the rise has signalled its resolve to shift the cost of terrorism to its epicentre

3 mins

India's Transmission of Repo Rate Changes Has Improved Over Time

Monetary policy has grown more effective and RBI's rate-formula tweak for corporate lending may have made a difference

4 mins

Happy accident: How Warren Buffett got succession spot on

Abel's name as successor had slipped out but the plan was perfect

3 mins

Trumpian Volatility Is Forcing Policy Changes in China

China Mustn't Lose Time in Shifting the Key Driver of Its Economy to Domestic Demand

3 mins

Instead of setting SMART goals, why not make a PACT?

Former Google executive Anne-Laure Le Cunff offers tools to fight toxic productivity and procrastination

3 mins

How to be a good mentor? Talk more

'Effective time management, focus are the most important when it comes to productivity'

1 min

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