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Mint Chennai

Apple lobbies India to change tax law

Apple is lobbying India’s government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, persons aware of the development say.

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

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 Chennai

Galeries-ABFRL to open luxe store

More than three years after announcing a partnership, Aditya Birla Fashion and Retail Ltd (ABFRL) is set to open the first Indian outpost of Galeries Lafayette, the iconic Parisian luxury department store chain.

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

IOCL unit eyes 50% of Fourth Partner

this a pass given the speculative nature of the query,” an IFC spokesperson said in an emailed response.

2 min  |

October 16, 2025

Mint Chennai

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 Chennai

IPL value drops for second straight year

Thevaluation ofthe Indian Premier League (IPL) declined for a second straight year as the consolidation ofmedia rights under Jio-Star effectively ended the bidding war and the real-money gaming ban dealt an up to 32,000 crore hit.

1 min  |

October 16, 2025

Mint Chennai

Henley Passport Index: India at 85

India has fallen to the 85th rank in the 2025 Henley Passport Index, offering visa-free access to 57 countries.

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

How Tata Motors e-bus run slowed

Tata Motors Ltd lost the crown of being India’s largest e-bus maker this year, as the rare earth magnet crisis flared and the company turned cautious on public tenders.

1 min  |

October 16, 2025

Mint Chennai

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

Mint Chennai

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 Chennai

Mint Chennai

How Tata Motors e-bus run slowed

Tata Motors Ltd lost the crown of being India’s largest e-bus maker this year, as the rare earth magnet crisis flared and the company turned cautious on public tenders.

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

Fresh capital to boost global push, not merger: CoinDCX

CEO Sumit Gupta of the Indian crypto exchange rejected rumours of merger with Coinbase

3 min  |

October 16, 2025

Mint Chennai

Indian Oil unit may buy 50% in Fourth Partner

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

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

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.

1 min  |

October 16, 2025

Mint Chennai

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 Chennai

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 Chennai

ICICI Pru Q2 slip adds to unease

Balancing act ICICI Prudential Life Insurance Company saved VNB margin with tight cost control, but APE declined year-on-year in Q2FY26.

2 min  |

October 16, 2025

Mint Chennai

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 Chennai

How donors must engage NGOs for better social results

In India's complex ecosystem of social change, the relationship between those who provide funds and those who dedicate their lives to work on the ground deserves far more attention. It is a relationship that at its best can contribute to real change, but can also be stifling. My reflections are rooted in our learnings (and some mistakes) at the foundation I am part of. We currently support over 1,400 NGOs across the country, from new entities to well-established institutions. We receive over 300 formal grant requests every month. These numbers provide a large bed of experience to identify good practices and missteps. This is an unsolicited note to fellow donors—philanthropic foundations, corporate social responsibility spenders and individuals—on how we can try to fulfil our roles better.

3 min  |

October 16, 2025

Mint Chennai

Basic lessons on growth from this year's Nobel prize winner

Joel Mokyr's work on economic prosperity has plenty to teach us

3 min  |

October 16, 2025

Mint Chennai

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 Chennai

Shubh Labh: Don't mix up uncertainty and risk-taking

The country is gearing up to celebrate Diwali, which, along with the return of Lord Ram to Ayodhya, is celebrated as the festival of Goddess Mahalakshmi. Business and trading communities spruce up their establishments and refurbish signs of 'Shubh Labh' (auspicious profit), often prominently displayed. The importance of profit and the profit motive is imbued in our culture and the worship of Mahalakshmi is associated with reverence for profit-making.

3 min  |

October 16, 2025
Mint Chennai

Mint Chennai

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 Chennai

Mint Chennai

Can Bitcoin topple gold as India's go-to store of value?

G20 and FATF frameworks, potentially paving the way for a more investor-friendly environment,\" he added.

3 min  |

October 16, 2025

Mint Chennai

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 Chennai

Mint Chennai

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 Chennai

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 Chennai

Mint Chennai

RBI keeps powder dry for future cuts, show minutes

India's monetary policy committee unanimously voted to keep interest rates unchanged earlier this month to keep the powder dry and leave room for future cuts depending on the situation, showed minutes released on Wednesday.

1 min  |

October 16, 2025
Mint Chennai

Mint Chennai

CAN BITCOIN WEAR GOLD'S CROWN?

Some players foresee Bitcoin surpassing gold in total market cap sooner than later

7 min  |

October 16, 2025
Mint Chennai

Mint Chennai

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