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Mint New Delhi

Why bigger paycheques often do not translate into greater wealth

Several affluent Indians save little, with 43% saving less than 20% of their income, according to a recent survey

5 min  |

June 05, 2026

Mint New Delhi

Meta keeps delaying the release of its new AI model to developers

Meta Platforms has delayed plans to release its newest artificial intelligence model to developers multiple times and as of Tuesday didn’t have a planned date to release it, according to people familiar with the matter.

3 min  |

June 05, 2026

Mint New Delhi

India's AI spending surge boosts copper play

India may not have many listed companies that offer a direct bet on artificial intelligence (AI) or semiconductors, but investors are increasingly turning to the companies that provide the raw materials needed to build that ecosystem.

2 min  |

June 05, 2026

Mint New Delhi

TVS Supply Chain enters aerospace

TVS Supply Chain Solutions on Thursday announced its entry into the aerospace and defence supply chain market with the formation of a 51:49 joint venture (JV) with the Italy-based ALA Group.

1 min  |

June 05, 2026

Mint New Delhi

Hyundai to build EV hub in Tamil Nadu

Hyundai Motor India Ltd (HMIL) has announced a partnership with the Tamil Nadu government to position the state as its “flagship electronic vehicle (EV) hub for India.”

1 min  |

June 05, 2026

Mint New Delhi

US springs forced-labour tariffs on India, 59 others

India engaged with US on 12.5% levy; trade deal likely in weeks, says US envoy

4 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Automakers boost captive finance to power up sales

Automakers are pushing deeper into vehicle financing as a growing reliance on loans turns customer credit into a lucrative business opportunity.

3 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

True North to sell Cloudnine stake as it eyes fresh funds

Private equity firm True North is looking to sell its over decade-old stake in Bengaluru-based maternal and child healthcare chain Cloudnine Hospitals as the company prepares to raise $250-300 million in a fresh funding round, according to two people familiar with the matter.

2 min  |

June 04, 2026

Mint New Delhi

War for tax pros plays out at top advisory firms

There’s a talent war playing out in cut-throat competition among the country’s leading audit and advisory firms to beef up their top tax advisors’ teams.

3 min  |

June 04, 2026

Mint New Delhi

Public Wi-Fi vs private networks: The clash over a ₹1 tn fund

With over 1.2 billion mobile subscribers and some of the lowest-cost data plans, does India really need public Wi-Fi?

3 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Cabinet okays ₹20,000 cr to ease jet fuel price, clean up air in NCR

To insulate the economy from the ripple effects of the West Asia conflict, the Union cabinet on Wednesday approved two major interventions worth nearly ₹20,000 crore—a ₹10,000-crore fuel price stabilization fund (PSF) for the aviation sector, and a ₹9,585-crore clean transport scheme for Delhi-NCR.

3 min  |

June 04, 2026

Mint New Delhi

Global economy risks slump on prolonged Iran conflict: OECD

The fate of the global economy hinges on the conflict in West Asia that has already stifled growth and could yet trigger recessions and significantly stronger inflation, the OECD said.

2 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Greg Abel puts his stamp on Berkshire Hathaway with pair of megadeals

In one weekend, Warren Buffett's successor gives shareholders reason to believe he is a savvy dealmaker

3 min  |

June 04, 2026

Mint New Delhi

Is a money gift from a parent to an NRI's NRO account taxable?

I transferred ₹5 lakh as a gift to my NRI child's NRO account. He then transferred it to his NRE account and invested in an FD, where the interest is tax-free for him. Are there any income tax implications for either of us? Also, how much interest earned in an NRE account is tax-free?

1 min  |

June 04, 2026

Mint New Delhi

Vedanta unit targets IPO in New York

Vedanta Resources Ltd unit has applied to sell its shares in New York as part of efforts to raise money for the Zambian copper mining complex it owns.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

PhysicsWallah, McAfee fined for luring ‘dark patterns’

The firms allegedly steered consumers toward purchase and subscriptions

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Indian developers central to Microsoft Windows, AI push

Firm launched developer features, AI models, security tools and chips at its Build conference

2 min  |

June 04, 2026

Mint New Delhi

Coralogix nets $200 mn, India gets 20%

Israeli data analytics startup Coralogix has raised $200 million in its Series F round, led by Advent International, the Canada Pension Plan Investment Board and Greenfield, with participation from Brighton Park Capital.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

FPIs beat MFs despite $27 bn exodus

Foreign portfolio investors (FPIs) outperformed Indian mutual fund managers on rupee returns last year, even though they pulled out a then $27 billion from the country’s equity markets.

2 min  |

June 04, 2026

Mint New Delhi

CCI to get Apple’s India financials

Apple has agreed to submit the financials of its India business to the country’s antitrust body as part of an investigation that found the US firm abused its market position, taking the long-delayed case a step closer to a potential penalty decision, an agency order shows.

1 min  |

June 04, 2026

Mint New Delhi

Fierce battle for tax professionals rocks India’s leading advisory firms

PwC as a partner from EY. In March, Mohit Mittal left EY for Deloitte, Komal Shah switched from Deloitte to EY and Pushkar Bhartia joined EY after leaving his independent practice.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Suzlon taps solar and batteries for its next growth bet

Suzlon Energy Ltd is embarking on its biggest expansion push in two decades, seeking to transform itself from a wind-turbine manufacturer into a full-service renewable energy company while avoiding the debt-heavy expansion that later forced it to sell assets to preserve its core business.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

India’s coal-to-gas plan calls for fine calibration

This initiative in favour of energy security holds immense promise, but India must take due care to keep it in synchrony with the realities of technology, costs and other dynamic factors

2 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Beyond biofuels, Praj must prove its growth

As biogas emerges as India’s next big energy hedge, Praj Industries—a rare listed play on ethanol and compressed biogas (CBG) technologies—is quietly defying the market downturn.

2 min  |

June 04, 2026

Mint New Delhi

Tata taps Chery for premium EV push

Tata Motors plans to licence an automaking platform from China’s Chery, four people familiar with the matter told Reuters, as the Indian car company seeks to get its delayed premium electric vehicles (EVs) back on track.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

How Bashir Badr built bridges with poetry

Badr, who died last week, united Hindi and Urdu, Hindus and Muslims, India and Pakistan through his influential, popular body of work

5 min  |

June 04, 2026

Mint New Delhi

NHPC OFS fully subscribed; govt garners about ₹4,300 cr

The offer for sale (OFS) for NHPC Ltd was fully subscribed on the final day on Wednesday, helping the government mobilize about ₹4,300 crore from stake dilution. Against the OFS size of 602.7 million shares, cumulative bids of 1,513.3 million came, as per the data available on the BSE.

1 min  |

June 04, 2026

Mint New Delhi

Services sector growth could stall as downside risks build

Business activity in India’s services sector rose to show resilience despite persistent input-cost pressures.

1 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

State-owned banks asked to build buffers as stress rises

Finance ministry issues order as stress begins to emerge in retail, MSME and agriculture loans

2 min  |

June 04, 2026

Mint New Delhi

RBI's rate panel starts deliberations

The high-powered monetary policy committee (MPC), headed by Reserve Bank of India (RBI) governor Sanjay Malhotra, on Wednesday started its three-day brainstorming amid expectations that the central bank may leave the key policy rate unchanged at 5.25% as the West Asia conflict poses challenges to inflation as well as economic growth. The six-member panel will announce its decision on Friday.

1 min  |

June 04, 2026