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Mint Mumbai

Mint Mumbai

Indian Oil unit may buy 50% in Fourth Partner

$400mn deal may mark Indian Oil's first acquisition in green energy

3 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Buyers embrace lower purity as gold soars

With gold prices hitting record highs, traditional 22and 24-karat jewellery is fast slipping out of reach for many buyers.

4 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Hyundai preps new models, fresh $5 bn

Hyundai Motor India Ltd will invest ₹45,000 crore (approximately $5 billion) in India and roll out a bunch of cars and SUVs over the next five years, as the company seeks to arrest the slide in its market share.

2 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

GST price-watch body set to wind down

The Directorate General of Anti-Profiteering (DGAP), which probes goods and services tax (GST)-related profiteering cases, is likely to be wound up after completing pending investigations, according to two persons aware of the matter.

2 min  |

October 16, 2025

Mint Mumbai

Auto lobby may seek more time to respond to CAFE 3

The country's premier automobile lobby may seek more time to respond to the government's latest proposal to implement strict fuel efficiency norms as carmakers weigh their feedback amid differences within the industry, according to a person directly in the know.

1 min  |

October 16, 2025

Mint Mumbai

Al arm gets $215 mn StanChart-Bol loan

Standard Chartered and Bank of India on Wednesday announced a term loan of $215 million to Gujarat Gift City-based Air India’s aircraft leasing subsidiary AI Fleet Services IFSC Ltd (AIFS).

1 min  |

October 16, 2025

Mint Mumbai

Trump threatens Hamas over disarmament as hostage deal hits snag

US President Donald Trump demanded that Hamas return the bodies of deceased hostages and threatened the militant group with retaliation if it does not lay down its arms.

1 min  |

October 16, 2025

Mint Mumbai

Dozens die in Pak, Afghan clashes

Pakistan and Afghanistan claimed killing dozens of each other's soldiers in clashes overnight along their shared border, renewing deadly skirmishes that began over the weekend that caught President Donald Trump's attention.

1 min  |

October 16, 2025

Mint Mumbai

Fossil India weighs IPO for $400 mn

Fossil Group Inc., the US-based luxury watchmaker, is considering an initial public offering (IPO) of its Indian arm, according to people familiar with the matter, as the South Asian market for new listings heats up.

1 min  |

October 16, 2025

Mint Mumbai

Hero MotoCorp rides into Spain

Hero MotoCorp on Wednesday said it has forayed into the Spanish market in association with Noria Motos.

1 min  |

October 16, 2025

Mint Mumbai

Phoenix Mills: Steady consumption, but festive test lies ahead

Mall operator The Phoenix Mills Ltd saw retail consumption grow 13% year-on-year in the September quarter (Q2FY26) and 12% year-on-year in the first half of FY26, showed its operational update. This was broadly in line with analyst expectations.

1 min  |

October 16, 2025

Mint Mumbai

Jumbo drop in wild elephant numbers

India’s wild elephant population estimates have dropped sharply by a quarter, a government survey incorporating a new DNA system has found, marking the most accurate but sobering count yet.

1 min  |

October 16, 2025

Mint Mumbai

Ahmedabad set to host 2030 Commonwealth Games

Ahmedabad was on Wednesday recommended as the proposed host of the 2030 Commonwealth Games by Commonwealth Sport's Executive Board, paving the way for the big event's return to India after two decades and bolstering its ambition to be an Olympic host in 2036.

1 min  |

October 16, 2025

Mint Mumbai

Indian exports hold firm in September despite US hit

Shipments to US fall 12%; trade gap widens to $32.15 billion in September, a 13-month high

2 min  |

October 16, 2025

Mint Mumbai

'Crewed moon mission by 2040'

Isro chairman V. Narayanan on Wednesday said the space agency has set a target of landing Indians on the moon by 2040, while its maiden human spaceflight mission ‘Gaganyaan’ is on track for launch in 2027.

1 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Powell keeps Fed on track to lower interest rates again

Federal Reserve Chair Jerome Powell left the central bank on track to reduce interest rates again at its meeting later this month by highlighting weakness in the job market despite lingering concerns over sticky inflation.

3 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Tata Comm eyes tie-up with TCS for data centre push

Tata Communications is exploring a partnership with sister firm Tata Consultancy Services (TCS) as the IT services giant plans a $6.5 billion investment to set up 1 gigawatt (GW) of data centre capacity.

1 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Will India boost US energy purchases? Yes, if prices make sense

India would be willing to step up its purchases of American oil and gas if prices are competitive, a senior government official said, at a time when New Delhi has come under intense US pressure for buying discounted Russian crude.

2 min  |

October 16, 2025

Mint Mumbai

Railways racing to a high-speed future

The Centre is planning to significantly enhance and modernize railway track infrastructure across India, to enable the operation of high-speed trains and improve travel experience.

1 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Hyundai prepares new models, fresh $5 bn investment for India

Of being the country’s No.2 carmaker. The Korean company is also bringing its luxury brand Genesis to India by 2027 to bolster its margins and brand perception.

2 min  |

October 16, 2025

Mint Mumbai

PV dispatches up 4% in September: Siam

Passenger vehicle (PV) dispatches from companies to dealers rose 4% year-on-year in September to 372,458 units, industry body Society of Indian Automobile Manufacturers (Siam) said on Wednesday.

1 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

The rest of the world is following America’s retreat on EVs

Canada, U.K. and E.U. back off electric-vehicle targets as economic reality sets in; even China shows cracks

4 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Axis Bank's Q2 PAT falls 26% as loan reclassification hits

One-time standard asset provisions were ₹1,231 crore, taking total provisions to ₹1,568 crore

2 min  |

October 16, 2025

Mint Mumbai

Rupee recovers 75p, closes at 88.06

The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the US dollar on Wednesday, posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets.

1 min  |

October 16, 2025

Mint Mumbai

How Tata Motors e-bus momentum slowed

Tata Motors’ e-bus sales dip allowed rivals such as Ashok Leyland, JBM and Olectra to fill in the vacuum.

3 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

Reality shows: OTT platforms’ next big content battle with TV

Streaming platforms are shaking up the nonfiction game.

2 min  |

October 16, 2025
Mint Mumbai

Mint Mumbai

How can soldiers on active duty create a will under Indian law?

I serve in the Indian Army, have three children. I have not made a will yet. Posted in a remote, sensitive area, I want to know if the law offers any special provisions for soldiers like me. —Name withheld on request

2 min  |

October 16, 2025

Mint Mumbai

The rise of data centres needs to be eco-friendly

Mega outlays for data hubs in India reflect a projected boom led by digital demand and AI usage. Given the energy they’ll guzzle, we must find ways to keep their proliferation clean

2 min  |

October 16, 2025

Mint Mumbai

Who has the upper hand as the battle over rare earths escalates?

China seems better prepared for this round against the US but it’ still too early to bet on an outcome

3 min  |

October 16, 2025

Mint Mumbai

Tractor trailers to face tighter safety checks

The government plans to tighten checks and strictly enforce safety norms for tractor trailers, after several fatal accidents involving the vehicles that are used to transport small loads, two people aware of the matter said.

1 min  |

October 16, 2025