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Mint New Delhi

Why India didn't grow as fast as other Asian countries

The ‘what ifs’ of Indian development are many and varied. Embarking on a kind of time travel, some observers will point out that India had a per capita income comparable to Korea’s, say, some six decades ago, and to China’s before Deng Xiaoping began his bold reforms in the late 1970s.

3 min  |

November 06, 2025

Mint New Delhi

Paytm rides out gaming ban collateral hit, bets on AI

A government crackdown on real-money gaming dented Paytm’s quarterly profit, but the fintech major’s broader turnaround stayed on track.

1 min  |

November 06, 2025

Mint New Delhi

Shipments to Nepal to be tracked digitally

The government has expanded the electronic cargo tracking system (ECTS) for Nepal-bound shipments, allowing transit cargo movement through additional Indian ports and new railroad routes.

1 min  |

November 06, 2025

Mint New Delhi

Hiring boosts TeamLease's Q2 profit

TeamLease Services, one of India’s top staffing firms, reported a 12% rise in second-quarter profit on Wednesday, driven by strong demand in its mainstay general and specialized staffing divisions.

1 min  |

November 06, 2025

Mint New Delhi

GST cuts fuel car loan surge, but CVs stay in the slow lane

Recent reduction in GST rates on select vehicles to 18% from 28% revived retail sentiment

3 min  |

November 06, 2025

Mint New Delhi

India's largest e-bus tender deferred a third time as cos seek extension

The government has deferred the deadline to submit tenders under the electric bus incentive scheme for the third time as companies sought an extension, citing the festive season, according to an official in the know.

2 min  |

November 06, 2025

Mint New Delhi

Sun Pharma beats Street; Q2 net profit rises 2.6%

Sun Pharmaceutical Industries on Wednesday beat Street estimates for the September quarter with a consolidated net profit of %3,117.95 crore, up 2.6% from 3,040.16 crore reported inthe year-ago period. India's largest drugmaker by sales said its revenue from operations rose 8.6% year-on-year (y-0-y) to %14,405.2 crore.

1 min  |

November 06, 2025

Mint New Delhi

Emirates open offer starts 12 Dec: RBL

RBL Bank said on Wednesday that Emirates NBD will launch an open offer on 12 December to buy shares from public investors.

1 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

MoEngage gets funds to up global presence

Co to use the funds for innovation across customer engagement platform

2 min  |

November 06, 2025

Mint New Delhi

Actis eyes buying Sprng from Shell at $1.5 bn valuation

Ostro Energy to ReNew Power Ventures in 2018 at an enterprise value of $1.5 billion, and the Sprng Energy deal. Also, itis exploring a sale of Blupine Energy in which it has invested $800 million to developa4GW renewable energy portfolio.

1 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

Google, Epic resolve 5-year app store fight

Firms tell judge they want to modify earlier order imposed on Google

2 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

Bankruptcy regulator revises rules to ease unfreezing assets

India‘s bankruptcy regulator has stepped in to break a gridlock between insolvency and money-laundering laws that has often stalled revival of companies.

1 min  |

November 06, 2025

Mint New Delhi

Let’s relieve savers of their tax burden on bank deposits

Is it time to put a special tax dispensation in place for interest on bank deposits? This may sound antithetical to the government’s approach so far of running an alternative income tax regime in parallel that levies lower rates but without exemptions or concessions.

3 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

A91 Partners bets ₹300 crore on Spacewood for a 25% stake

A91 Partners invested ₹300 crore for a 25% stake in Nagpur-based modular furniture manufacturer Spacewood Furnishers, marking the private equity firm’s latest bet in consumer manufacturing segment.

1 min  |

November 06, 2025

Mint New Delhi

NY plant fire to hit cash flow: Novelis

Novelis on Wednesday said it expects the free cash flow for the current financial year to be negatively impacted by $550-650 million due to fire incident at its plant in New York in September.

1 min  |

November 06, 2025

Mint New Delhi

NCLAT rejects plea by Reliance Realty

The National Company Law Appellate Tribunal (NCLAT) has set aside an appeal filed by Reliance Realty, a step-down entity of debt-ridden Reliance Communications, seeking recovery of rental and assets from Independent TV, a firm which was in the direct to home (DTH) business and is now facing liquidation.

1 min  |

November 06, 2025

Mint New Delhi

Amazon increases storage fees by 11%

Amazon India has raised its warehouse storage fees by about 11% to ₹50 per cubic centimetre per month, effective 15 November 2025, marking its first storage fee adjustment since 2023, citing market alignment and higher operational costs.

1 min  |

November 06, 2025

Mint New Delhi

Omifco to tap banks for Oman IPO

Oman India Fertiliser Co. (Omifco) has picked banks for a potential initial public offering in Muscat, according to people familiar with the matter, as the sultanate revives efforts to privatize state assets and deepen its capital markets.

1 min  |

November 06, 2025

Mint New Delhi

Putin warns Russia may start N-tests

President Vladimir Putin said Russia has no plans to violate existing agreements on nuclear testing, but signalled that he’s ready to order them if US President Donald Trump moves forward with threatened US atomic weapons trials.

1 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

Wall Street couldn't stop mayor Mamdani. Now it has to work with him.

Added the crypto evangelist and investor Anthony Pompliano: “It is insane that a socialist was just elected mayor of the financial capital of the world.”

3 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

WHY EPFO'S NEW WITHDRAWAL TIMELINES COULD CREATE MORE PAIN THAN PURPOSE

For millions of salaried Indians, tapping EPF savings just got harder. The EPFO has extended the wait for full withdrawals, raising concern that a move to promote long-term savings may instead add red tape. At its 238th meeting, the board eased partial withdrawals but stretched full withdrawal timelines—from two months to 12 months for EPF and up to 36 months for the pension scheme. With average balances below %2 lakh, the change is meant to deter early exits. But a reform meant to build discipline may end up testing patience.

2 min  |

November 06, 2025

Mint New Delhi

Diageo's India arm to review investment in RCB team owner

Diageo’s India arm will begin a strategic review of its investment in a unit which owns the Indian Premier League cricket team ‘Royal Challengers Bengaluru’ (RCB), the spirits maker said on Wednesday as it focuses on its core alcohol business.

1 min  |

November 06, 2025

Mint New Delhi

Importers dodge platinum duty

A few bullion dealers and jewellers are exploiting a loophole in an import rule to avoid duty on platinum, making a neat 4—4.5% running into tens of crores, according to a top executive from a bullion trade lobby.

2 min  |

November 06, 2025

Mint New Delhi

IndiGo preps for long haul even as rupee decline drags Q2

Interglobe Aviation Ltd’s (IndiGo) September quarter (Q2FY26) revenue grew 9% year-on-year, aided by optimized capacity addition, more passengers, and a better yield (a pricing metric).

1 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

How Delhi Crime set the bar for cop shows

With its third season looming, Mint speaks to the stars and creators of the Netflix show, whose gritty tone has been imitated but not bettered

4 min  |

November 06, 2025

Mint New Delhi

Microsoft's Copilot in India to get local data processing

Microsoft has announced plans to introduce in-country data processing for its artificial intelligence (AI) tool, Microsoft 365 Copilot, in 15 countries by 2025, including India, to strengthen data sovereignty and regulatory compliance.

1 min  |

November 06, 2025

Mint New Delhi

Delhivery ditches discounts to boost margins

Logistics company Delhivery is betting on cost efficiencies built over the past year, and a steadier market to expand profit margins, even though the timing of the goods and services tax (GST) changes hurt shipment volumes in September.

1 min  |

November 06, 2025

Mint New Delhi

Can Mamdani's NYC win influence US capitalism?

An openly socialist candidate was elected New York's mayor in a deeply capitalist country. If his welfare agenda is fiscally sound, it could change his party—and maybe America too

2 min  |

November 06, 2025
Mint New Delhi

Mint New Delhi

Palantir’s market value skyrocketed. See how its revenue is still catching up.

In a market full of stocks that are wildly expensive by historical standards, Palantir is a standout.

3 min  |

November 06, 2025

Mint New Delhi

India, Japan ties must for Indo-Pacific: EAM

The India-Japan partnership enhances the strategic stability in the Indo-Pacific region and contributes to economic growth at the global level, external affairs minister S. Jaishankar said on Wednesday.

1 min  |

November 06, 2025