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Musk Says He's Forming 'America Party'

Mint Kolkata

|

July 07, 2025

Tesla CEO Elon Musk said Saturday he created a new political party called the America Party after reigniting a feud with President Trump.

- Brian Schwartz

"By a factor of 2 to 1, you want a new political party and you shall have it!," Musk wrote in a post on X, the social-media platform he owns.

"Today, the America Party is formed to give you back your freedom."

Neither Musk nor his advisers have filed paperwork to the Federal Election Commission that shows the formation of a new political entity named "America Party." The title of the party is similar to the political-action committee he helped launch, America PAC. Musk spent close to $300 million in 2024 to help Trump and other Republicans, according to filings.

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Equity market fails to hold gains

India’s equity benchmarks struggled to hold onto record highs on Monday as investors worried that outflows might persist amid uncertainty over a trade deal with the US.

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'Banks can't rely on service providers'

As banks worldwide double down on digital transformation, Reserve Bank of India (RBI) deputy governor Swaminathan J. has cautioned lenders that they cannot simply rely on third-party service providers for outsourced solutions.

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Your attention is the new currency for India’s streaming apps

India’s video-streaming platforms are beginning to value deeper, higher-quality viewer engagement, with watch time and total minutes viewed becoming core indicators amid plateauing paid subscriptions.

time to read

2 mins

December 02, 2025

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Mehli Mistry quits Ratan Tata’s Small Animal Hospital

Tata Trusts’ former trustee and late Ratan Tata’s close confidant, Mehli Mistry, has resigned from the board of his friend's cherished project, Small Animal Hospital Trust, which claims to have become India’s largest specialty hospital for pet animals.

time to read

1 mins

December 02, 2025

Mint Kolkata

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Mandatory app may trigger pushback

misuse of mobile phones in various scams.

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2 mins

December 02, 2025

Mint Kolkata

Top weapon firms' revenue up 6%

The world’s biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and military services last year as demand was fed by the wars in Ukraine and Gaza as well as countries’ rising military spending, according to a report released Monday.

time to read

1 min

December 02, 2025

Mint Kolkata

Mint Kolkata

E-tailers bank on creator content to draw shoppers

Broader selection of products and quicker delivery are no longer adequate to attract buyers

time to read

3 mins

December 02, 2025

Mint Kolkata

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Gen Z shoppers aren't spending like retailers need them to

More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures

time to read

4 mins

December 02, 2025

Mint Kolkata

Mint Kolkata

Automakers report brisk sales in Nov, demand remains robust

With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.

time to read

1 mins

December 02, 2025

Mint Kolkata

Gold soars ₹3,040 on global cues

Gold prices surged by ₹3,040 to ₹1,33,200 per 10 gm in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association.

time to read

1 min

December 02, 2025

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