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Mint Chennai

Rupee up 25 paise, settles at 85.51/$

Rupee appreciated 25 paise to close at 85.51 (provisional) against the US dollar on Tuesday, supported by weakness of the American currency in the overseas market and a positive tone in the domestic equities amid rise in risk appetite.

1 min  |

July 02, 2025

Mint Chennai

What Groww's demat switch means for your MF portfolio

Demat holdings do offer some benefits, but also limit platform flexibility, ease of transactions

4 min  |

July 02, 2025

Mint Chennai

The art of dealing with Donald Trump the deal-maker

The president's use of his own book on deal making for trade offers us cues for counter strategies

4 min  |

July 02, 2025

Mint Chennai

Shadowfax Files for ₹2,000-2,500 Cr IPO

Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise ₹2,000-2,500 crore, industry sources familiar with the development said.

1 min  |

July 02, 2025

Mint Chennai

CCI Orders Probe into Asian Paints' Alleged Market Abuse

Says co imposing unfair conditions on dealers by restraining them from working with others

2 min  |

July 02, 2025

Mint Chennai

India Ends Key Clean Energy Subsidy

Projects commissioned after June will have to start paying 25% of the cost of transmitting power from one state to another.

1 min  |

July 02, 2025

Mint Chennai

PMI: Manufacturers' confidence dips amid punchy exports

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) hit a 14-month high of 58.4 in June, rising from a three-month low of 57.6 in May.

1 min  |

July 02, 2025

Mint Chennai

From wheels to heels: Veteran car CEO gets mission to revive Gucci owner Kering

Luxury giant's move to hire Renault boss Luca de Meo deemed 'either crazy or super smart'

6 min  |

July 02, 2025

Mint Chennai

Sitharaman Calls for Global Financial Reforms at Summit

FM notes the financing gap for developing countries has widened beyond $4 trillion annually

2 min  |

July 02, 2025

Mint Chennai

Govt clears bike taxis, state green light awaited

The ministry of road transport & highways on Tuesday issued fresh guidelines for states permitting the use of non-transport, privately registered motorcycles for passenger journeys through aggregators like Rapido, Ola, and Uber.

1 min  |

July 02, 2025

Mint Chennai

Avoid future disputes—make your will work for your family

After marriage and property purchase, I want to avoid future legal hassles. What common mistakes about registration and probate should I watch out for?

2 min  |

July 02, 2025

Mint Chennai

Can cycling save the world from collapse?

From Wheel World to Mycopunk, these new games will keep you busy

1 min  |

July 02, 2025

Mint Chennai

A strong quarter, stronger paydays for Mahindra execs

M&M reported an 84% rise in executive compensation in FY25, its highest-ever annual jump

2 min  |

July 02, 2025

Mint Chennai

Govt May Ban Mercury-Based Cosmetics

The Union government is deliberating a crackdown on cosmetic makers using mercury in their formulations after a government committee recommended a ban, according to officials and documents reviewed by Mint.

1 min  |

July 02, 2025

Mint Chennai

Let's save 'open source' from a tragedy of the commons

Digital public goods are at risk of falling apart if we don't find sufficient funds for open source maintenance

3 min  |

July 02, 2025

Mint Chennai

A seamless Windows experience for Android loyalists

Samsung's Galaxy Book5 Pro combines great features and a tight integration with Galaxy smartphones and tablets

3 min  |

July 02, 2025

Mint Chennai

Hero Motors Files for ₹1,200-cr IPO

Auto parts maker Hero Motors has filed for an initial public offering of up to ₹1,200 crore, draft papers showed on Tuesday.

1 min  |

July 02, 2025

Mint Chennai

The Silent Tax: How Inflation Erodes Wealth and What You Can Do About It

Inflation erodes purchasing power, making it harder to detect and more dangerous

3 min  |

July 02, 2025

Mint Chennai

Promoter stake sales surge 7-fold in Q1

Cashing in In the first six months of 2025, promoters have already sold 65% of the stake they offloaded in entire 2024.

3 min  |

July 02, 2025

Mint Chennai

New York City does not need to run a chain of grocery stores

Mamdani's proposal seems to go against the basics of capitalism

3 min  |

July 02, 2025

Mint Chennai

Debt Resolution Uptick in Q1 as NCLT Vacancies Get Filled

In the June quarter, 58 sick companies were salvaged by their creditors and new investors

2 min  |

July 02, 2025

Mint Chennai

StanChart Faces $2.7 Billion Suit in IMDB Fraud

Liquidators trying to recover money from Malaysia's sovereign wealth fund IMDB have sued Standard Chartered Bank in Singapore, alleging it enabled fraud that led to more than $2.7 billion in financial losses more than 10 years ago.

1 min  |

July 02, 2025

Mint Chennai

The World Needs a Rescue Plan for Sustainable Development

The Sevilla conference on investing in this mission could restore faith in international cooperation to achieve its key goals

3 min  |

July 02, 2025

Mint Chennai

India's Strategy for Trade Should Converge Its US and China Tracks

A US-China trade pact should prompt us to reshape our GVC strategy with both partners in mind

3 min  |

July 02, 2025

Mint Chennai

EU to accept Trump universal tariff but seeks key exemptions

The European Union (EU) is willing to accept a trade arrangement with the US that includes a 10% universal tariff on many of the bloc's exports, but wants the US to commit to lower rates than that on key sectors such as pharmaceuticals, alcohol, semiconductors and commercial aircraft.

1 min  |

July 02, 2025

Mint Chennai

Mark Zuckerberg Announces New Meta 'Superintelligence Labs' Unit

Mark Zuckerberg announced a new \"Superintelligence\" division within Meta Platforms, officially organizing an effort that has been the subject of an intense recruiting blitz in recent months.

2 min  |

July 02, 2025

Mint Chennai

PB Fintech founder, AB Fashion CEO join Kissht board

Online lending platform Kissht has appointed Alok Bansal, co-founder of PB Fintech Ltd, and Sangeeta Pendurkar, chief executive of Aditya Birla Fashion and Retail Ltd, as independent directors on its board ahead of its public market listing.

1 min  |

July 02, 2025

Mint Chennai

TAFE settles AGCO dispute, retains Massey brand rights

The dispute dates back to April 2024, when AGCO terminated a key business agreement with TAFE

2 min  |

July 02, 2025

Mint Chennai

Banking MF assets at ₹48,000 cr in May

Investment in banking and financial services sector-based mutual funds jumped 37% year-on-year to ₹48,000 crore in May 2025.

1 min  |

July 02, 2025

Mint Chennai

Empowering All: A Decade of Digital India

When the intent is right, innovation empowers the less empowered

3 min  |

July 02, 2025