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Mint Mumbai

Mint Mumbai

Relief for cement cos, but demand stalls

The Goods and Services Tax (GST) Council has slashed the rate on cement from 28% to 18%, a move aimed at boosting construction activity.

1 min  |

September 05, 2025

Mint Mumbai

Nvidia Arm Invests in Honeywell's Quantinuum

Nvidia Corp.'s venture capital arm is investing in Quantinuum for the first time, valuing the quantum computing company controlled by Honeywell International Inc. at $10 billion, according to people familiar with the matter.

1 min  |

September 05, 2025

Mint Mumbai

Designer Giorgio Armani dies at 91

Giorgio Armani, the billionaire designer who established one of the world's most revered fashion labels and helped define the \"Made in Italy\" slogan as a sign of quality for consumers, has died. He was 91.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

India, Singapore to review trade pacts

Singapore, a major financial hub and gateway to South-East Asia, has emerged as India's top trading partner

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

No GST on life, health insurance: Insurers brace for cost shock

The GST exemption on individual protection and health policies will directly benefit consumers

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Tax hikes target aspirational shoppers, say apparel makers

Apparel retailers and clothing associations said placing apparel and footwear in distinct slabs based on their prices may dent the sector's growth, which is already reeling from greater competition and high input costs.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Value retail chains bet big on wallet share in Bihar, UP

With rising income and industrial expansion, the states are emerging as strategic retail zones

3 min  |

September 05, 2025

Mint Mumbai

Price-wary govt starts subsidised onion sales

In a precautionary measure to keep a lid on onion prices during this season of festivals, the Centre on Thursday launched retail sale of the politically-sensitive vegetable at ₹24 a kg, starting with cities where prices had crossed ₹31.

1 min  |

September 05, 2025

Mint Mumbai

Rupee falls 10 paise to close at 88.12

The rupee fell 10 paise to close at 88.12 against the US dollar on Thursday amid sustained foreign fund outflows and a stronger greenback.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Health plan: cumulative bonus is no substitute for base cover

The insurance company has quoted a 25% higher premium than last year at renewal for my parents' health insurance policy.

2 min  |

September 05, 2025

Mint Mumbai

Facebook, YouTube banned in Nepal

Nepal on Thursday banned social media sites such as Facebook, Instagram and YouTube among others for failing to register with the ministry of communication and information technology within the given deadline.

1 min  |

September 05, 2025

Mint Mumbai

Inox Wind Sees Margin Tailwind, But Execution Cloud Looms

Losing steam

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Modi, EU leaders push for early FTA

Prime Minister Narendra Modi on Thursday held a joint call with European Council president Antonio Costa and European Commission president Ursula von der Leyen on Thursday, reaffirming plans to conclude the long-pending India-European Union (EU) free trade agreement (FTA) at the earliest.

1 min  |

September 05, 2025

Mint Mumbai

Food and grocery delivery gets dearer with hike in GST, platform fee

India's top food and grocery delivery platforms are gearing up for the high-stakes festive season with a flurry of charges—a new goods and services tax, higher platform fees, surge pricing, rain fees, and long-distance delivery charges—to cash in on the annual demand spike.

2 min  |

September 05, 2025

Mint Mumbai

Chiratae Ventures expands leadership, targets growth

Chiratae Ventures named Venkatesh Peddi and Ranjith Menon as MDs to lead venture fund series; to hire a third partner

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

HCLTech retools legacy IBM software to chase govt deals

The IT major is adding heft to Domino with AI-led features and data sovereignty tools

3 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

GST Rate Cut to Ease Logistics Costs, Spur Economic Growth

A reduction in the cost of logistics would have cascading effects, such as making manufacturing more competitive

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Gold Lending Industry Eyes Self-Regulation, Priority Tag

With ₹3 trillion in assets, gold lenders push for SRO tag and priority treatment in RBI norms

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Inside Jane Street's SAT challenge against Sebi

Jane Street's fight with India's capital markets regulator has entered a decisive phase.

3 min  |

September 05, 2025

Mint Mumbai

Consumer stocks jump in hope of boost in demand

Consumption stocks, which surged after Prime Minister Narendra Modi flagged a goods and services tax (GST) cut on Independence Day, extended gains on Thursday as the final tax slabs were unveiled.

1 min  |

September 05, 2025

Mint Mumbai

Ayurveda Food From Ancient Texts Can Now Seek FSSAI Nod

There was earlier no provision for the food regulator to give licence for Ayurveda Aahara

2 min  |

September 05, 2025

Mint Mumbai

Acapella to Grow Li'l Gamby, Eyes Fundraise by Mid-2026

Acapella Hospitality, the six-year-old venture promoted by Centrum Capital's family office, is sharpening its focus on quick-service restaurant (QSR) segment with plans to scale its Li'l Gamby brand and raise its first external round of funding by mid-2026.

1 min  |

September 05, 2025

Mint Mumbai

Thanks to GST high, TVs may beat smartphones in festive season

Stakeholders expect a boost to the electronics and appliances market during the annual sales season

2 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Trump Administration's Cuts to Harvard Funding Are Unconstitutional, Judge Rules

White House vows to appeal after court orders government to restore billions of dollars in funding

3 min  |

September 05, 2025

Mint Mumbai

BYD slashes sales target as growth cools down

YD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said, as the Chinese electric vehicle (EV) giant faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Amazon Completes Axio Acquisition

Amazon said on Thursday that it has completed the acquisition of non-banking lender Axio for an undisclosed amount, securing access to a direct lending business in India.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

MSMEs to benefit from cheaper inputs, easier GST compliance

The dawn of a twin-rate goods and services tax system (GST), along with easier registration, compliance and refunds, is expected to make a wide range of raw materials cheaper, providing a major stimulus for India's sprawling micro, small and medium enterprises (MSME) sector.

1 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Restaurants, hotels get tax cut, but no input tax credit

Taxes on hotel rooms priced below ₹7,500 and on crucial inputs like utensils are set to fall

2 min  |

September 05, 2025

Mint Mumbai

Incarceration Game: Americans need to wrack their minds over it

This model of how authoritarians could quell dissent has cues for Americans on defending ideals

3 min  |

September 05, 2025
Mint Mumbai

Mint Mumbai

Small cars, bikes get cheaper, but tax edge shrinks for EVs

Buyers may rethink EV purchases as tax differential with conventional small cars narrows

2 min  |

September 05, 2025