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Mint New Delhi

Mint New Delhi

ACT Fibernet up for sale; deal likely at $1 bn valuation

The owners of ACT Fibernet have decided to sell the company at a valuation of around $1 billion, three people familiar with the development said, five years after a failed deal to sell the broadband internet provider.

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

AI giants go on charm offensive to avert public backlash

Artificial-intelligence companies appear to be organizing around a simple message in the face of rising public anxiety about the negative potential effects of their world-changing technology: We come in peace.

4 min  |

April 09, 2026

Mint New Delhi

TOP GLOBAL NEWS A MONTHLY WRAP

Every month, Mint's Plain Facts section tracks key global data to piece together the biggest developments shaping the world.

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Strait stays blocked even as hundreds of ships seek transit

The Strait of Hormuz appeared to remain largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a ceasefire between the US and Iran that was announced overnight.

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

NSE begins IPO prep, meets 20 bankers

The National Stock Exchange of India (NSE) has begun preparations for its initial public offering (IPO), meeting all 20 of its investment bankers earlier this week to start drafting the offer document and outline a tentative timeline for the listing, three people aware of the matter told Mint.

3 min  |

April 09, 2026

Mint New Delhi

A reflex reliefrally

The 14-day ceasefire between the US and Iran sprang Indian shares up on Wednesday, with both benchmark indices ending nearly 4% up, mirroring similar gains in other markets.

1 min  |

April 09, 2026

Mint New Delhi

Street hits the speed lane as ceasefire revives hope

Sensex has best day in five years, but experts cautious as relief may be temporary

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Why does India's nuclear reactor milestone matter?

India moved closer to nuclear fuel self-reliance as its prototype fast breeder reactor in Tamil Nadu achieved criticality on 6 April, the stage of sustained nuclear reaction. This could help India achieve its target of 100GW nuclear capacity by 2047. Mint explores the development.

2 min  |

April 09, 2026

Mint New Delhi

Market mayhem eats into demat additions in FY26

After two years of strong expansion, the pace of new demat account additions slowed in FY26, signalling a shift in retail investor behaviour as volatile markets and weaker returns tempered their enthusiasm.

2 min  |

April 09, 2026

Mint New Delhi

DGCA orders upgrades by 2027 to make jets 5G safe

Ever found your mobile phone's signal to be patchy while waiting for a flight?

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

RBI shuns hawkish signal amid war jitters, holds policy rates

The Reserve Bank of India’s rate-setting panel kept the policy rate unchanged on Wednesday, while governor Sanjay Malhotra indicated that benchmark rates could remain low for an extended period despite the global uncertainty triggered by the West Asia war.

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Wealthy clients drive PMS multi-asset shift

India’s top wealth managers have started looking beyond bets on listed companies to investing models that, in addition to stocks, invest in mutual funds, bonds, and commodities.

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

'Chinamaxxing': How it might help Asian cities out of hot oil

They should follow China’ lead in electrifying urban transport

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

RBI caution is valid: The dust of war hangs hazy

Its decision to leave policy rates unchanged is consistent with economic uncertainty despite tentative signs of war relief. The central bank must stay alert but the Centre may need to act

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Pakistan to host US-Iran peace talks tomorrow

Pakistan’s prime minister Shehbaz Sharif said on Wednesday that Islamabad would host delegations from the US and Iran later this week following their ceasefire announcement.

1 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Prestige Estates hits pre-sales mark of ₹30,000 cr in FY26

Prestige Estates Projects

1 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

RBI's rate-setting panel is in step with other major central banks

The Monetary Policy Committee’ call to bide time is sensible as uncertainty lingers despite the temporary truce in West Asia

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

RBI POLICY: WHY THE END OF THE ‘GOLDILOCKS’ PHASE ISN'T A JOLT FOR INVESTORS

Goldilocks refers to a situation that is just right—neither too hot nor too cold.

3 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Mangal Kabyas shed light on Bengal's riverine trade

Poems and devotional stories dating back to the 15th century continue to offer insights into Bengal's waterways

4 min  |

April 09, 2026

Mint New Delhi

Vingroup to invest $8.5 bn in M'rashtra

Maharashtra chief minister Devendra Fadnavis on Wednesday said Vietnam-based Vingroup has committed to investing $6.5 billion in Maharashtra over the next two years in various sectors, including electric mobility solutions, renewable energy, tourism and entertainment.

1 min  |

April 09, 2026

Mint New Delhi

India adds 55.29GW non-fossil capacity

India added record non-fossil power generation capacity of 55.29GW in 2025-26, taking the total to 283.46GW, new and renewable energy minister Pralhad Joshi said on Wednesday.

1 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Neo plots ₹2,000-crore realty debut

At a time when global geopolitical tensions are making foreign investors cautious, Neo Alternative Asset Managers is doubling down on domestic credit with plans to raise ₹1,500-2,000 crore for its maiden real estate fund, its managing director Kaushik Desai told Mint in an interview.

2 min  |

April 09, 2026

Mint New Delhi

Paint cos get relief, but will it last?

Despite competitive pressures, paint companies have opted for price hikes to tackle input cost inflation.

2 min  |

April 09, 2026

Mint New Delhi

Dark patterns in insurance: hidden traps to watch out

Design-led nudges such as false urgency, default add-ons, and drip pricing are now common

4 min  |

April 09, 2026

Mint New Delhi

RBI shows RESTRAINT, HOLDS FIRE WHILE SHARPENING MESSAGE AMID GLOBAL FLUX

A first glance, the Reserve Bank of India’s (RBI) latest policy call will be filed under the familiar label of “status quo”.

3 min  |

April 09, 2026

Mint New Delhi

FCL defaults on ₹615.67 cr payment

Future Consumer Ltd (FCL) has defaulted on the payment of ₹615.67 crore in interest and principal repayments on loans from banks, financial institutions, and unlisted debt securities, as of March-end 2026.

1 min  |

April 09, 2026

Mint New Delhi

PPFAS to manage funds under NPS

PPFAS Asset Management on Wednesday said it has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to become a sponsor for a pension fund under the National Pension System (NPS).

1 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Cabinet clears ₹41,534 crore fertilizer subsidy for kharif

Increase in allocation aimed at ensuring fertilizers are available to farmers at affordable prices

2 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

KERALA'S FISCAL MESS LOOMS OVER THE BALLOT BOX

The state's ability to raise taxes has declined. And consumption could be hit because of the West Asia crisis

8 min  |

April 09, 2026
Mint New Delhi

Mint New Delhi

Already heavy on equity funds: should you diversify into realty?

At 40, I got a ₹75 lakh windfall. I already have a portfolio with 60% towards equity mutual funds. Does adding real estate make sense for long-term diversification and retirement planning? How should one balance risk and returns for goals like retirement and children’s education over the next 6-8 years, and what kind of tax-efficient allocation and rebalancing strategy would you suggest? —Name withheld on request

1 min  |

April 09, 2026