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Mint New Delhi

NBFCs gain momentum as RBI eases bank lending norms

The business environment is set to turn favorable for non-banking financial companies (NBFCs), thanks to two recent developments.

2 min  |

February 28, 2025

Mint New Delhi

Nifty Down For Five Months In A Row, A First In 29 Years

With just a day shy of the month close, Indian equity markets will have fallen for five months on the trot by February end, an occurrence last seen 29 years ago.

1 min  |

February 28, 2025

Mint New Delhi

No Lodha brother has claim over other's biz, says mother

Manju Lodha's letter puts into question Abhinandan's claim that he has unsettled dues

3 min  |

February 28, 2025

Mint New Delhi

North Korea Is Now Open for International Tourists

After a gap of five years, the country has eased curbs and reopened its borders to promote international tourism

2 min  |

February 28, 2025

Mint New Delhi

Investors See '2017-Like' Rally Happening on EM Currencies

Emerging currencies rose 11% in 2017 before tumbling in 2018 as Trump turned tariff talk into action

2 min  |

February 28, 2025

Mint New Delhi

Celebrating Sufi Culture, India

A Mint guide to what's happening in and around your city

1 min  |

February 28, 2025

Mint New Delhi

Ola Electric Boosts Profitability Drive

Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories and last-mile deliveries.

1 min  |

February 28, 2025

Mint New Delhi

Sebi Rolls Out New Norms for Specialized Investment Fund

The markets regulator tightens the framework, mandating ₹10 lakh minimum investment

3 min  |

February 28, 2025

Mint New Delhi

StanChart picked as dollar trade settler

Standard Chartered Plc has been picked as the bank for real-time settlement of all dollar-denominated trades in India's global financial centre, likely slated for end-June, according to people familiar with the matter.

1 min  |

February 28, 2025

Mint New Delhi

Don't expect cheaper energy from a Trump deal with Putin

US sanctions did not curtail Russia's hydrocarbon supplies much

3 min  |

February 27, 2025

Mint New Delhi

Pope Francis Inspires Hope Across The Globe For A Reason

His Recent Autobiography Shows A Zest For Inclusion And Diversity That Long Predates His Papacy

4 min  |

February 27, 2025

Mint New Delhi

Lenders warn of credit risk as EU eases ESG rules

The EU's executive arm proposes scaling back CSRD, exempting 80% of initially covered firms

2 min  |

February 27, 2025

Mint New Delhi

Alibaba Makes Wan 2.1 Open Source

Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available—or open source—in a move likely to increase its uptake and intensify competition in AI.

1 min  |

February 27, 2025

Mint New Delhi

EU Clean Deal to Boost Industry in Race Against US and China

EU to support industries that face persistently high energy costs, investment barriers

1 min  |

February 27, 2025

Mint New Delhi

IndiGo to induct 3 more Boeing 787-9

IndiGo on Wednesday said it will induct three more Boeing 787-9 planes in its fleet under a damp lease arrangement with Norse Atlantic Airways, as it prepares to launch flights to Europe from mid-summer this year.

1 min  |

February 27, 2025

Mint New Delhi

EDF, Actis launch smart meter JV

EDF India has announced a strategic joint venture (JV) in the smart metering space with Actis, a global investor in sustainable infrastructure.

1 min  |

February 27, 2025

Mint New Delhi

Spotify CEO Urges EU to Hit Apple for Flouting Tech Rules

Ek said the iPhone maker's attempts to step into line with the EU's Digital Markets Act DMA are a \"farce\"

2 min  |

February 27, 2025

Mint New Delhi

RCap lenders asked to finish formalities

The National Company Law Tribunal (NCLT) has directed lenders and monitoring committee to complete all procedural issues by 12 March for the ownership transfer of debt-ridden Reliance Capital (RCap) to IndusInd International Holdings Ltd (IIHL).

1 min  |

February 27, 2025

Mint New Delhi

PAG Is Said To Mull Nuvama Stake Sale

PAG is considering options that may lead to a sale of its majority stake in Mumbai-listed Nuvama Wealth Management Ltd, according to people familiar with the matter.

1 min  |

February 27, 2025

Mint New Delhi

Liquidity concerns hit small cap funds, but how bad is it?

Under present market cycle, the key is to diversify, not go overboard in small caps or even mid-caps, said experts

3 min  |

February 27, 2025

Mint New Delhi

AstraZeneca's pill slows breast cancer

AstraZeneca Plc's experimental breast cancer pill helped patients live for longer without their disease worsening, the UK drugmaker said.

1 min  |

February 27, 2025

Mint New Delhi

How to optimize taxes on home purchases and loan repayments

I bought an under-construction house in September 2023 and made several payments toward it.

2 min  |

February 27, 2025

Mint New Delhi

Musk Isn't Running DOGE, Amy Gleason Is, White House Says

The White House said the head of the Department of Government Efficiency (DOGE)—the wide-ranging federal cost-cutting initiative associated with Elon Musk—is a little-known official named Amy Gleason.

1 min  |

February 27, 2025

Mint New Delhi

$1.4 bn tax demand on Volkswagen: HC asks for affidavit

The Bombay High Court on Wednesday directed the customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto Volkswagen India was not barred by limitation.

1 min  |

February 27, 2025

Mint New Delhi

Hotel investments shift to smaller cities

Of 47,500 hotel rooms signed across more than 486 properties in 2024, 74% were in tier-II, III and IV cities

1 min  |

February 27, 2025

Mint New Delhi

Meet the World's 24 Superbillionaires

Of the 24 people, 16 qualified as centi-billionaires, meaning they have a net worth of at least $100 billion

7 min  |

February 27, 2025

Mint New Delhi

Cyient's earnings revival distant even as new CEO's a boost

Badly bruised

2 min  |

February 27, 2025

Mint New Delhi

Stay put or exit? What investors should do in this market slump

As past data shows, exiting now may mean missing the eventual gains to be had by staying invested

4 min  |

February 27, 2025

Mint New Delhi

Alibaba makes Wan 2.1 open source

Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available—or open source—in a move likely to increase its uptake and intensify competition in AI.

1 min  |

February 27, 2025

Mint New Delhi

Apple votes for its diversity policies

Apple shareholders voted to keep the tech giant's diversity, equity and inclusion (DEI) policies on Tuesday, a win for management which had opposed efforts by a conservative group to scrap the program.

1 min  |

February 27, 2025