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Mint New Delhi

Mint New Delhi

SC eases tax claim norms for foreign firms

Foreign-owned companies can now be treated as carrying on business in India even without active contracts, a physical office, and employees, the Supreme Court recently ruled, providing clarity for foreign firms with project-based or intermittent operations.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Banks foresee smooth transition to expected credit loss model

Large banks like State Bank of India (SBI), HDFC Bank, and Axis Bank, as well as smaller public sector lenders, believe they can easily transition to a new credit loss model proposed by India's central bank, under which the lenders have to recognize stress much earlier than the current norms.

2 min  |

October 22, 2025

Mint New Delhi

‘India must do more on cough syrups’

India has more work to do in halting sales of toxic cough syrup, despite some progress, a World Health Organization official told Reuters, after at least 24 children died following consumption of a domestically-made medicine.

1 min  |

October 22, 2025

Mint New Delhi

Reliance seeks to buy Middle East oil

Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Russia and Ukraine are no closer to a cease-fire after Trump's pressure on Zelensky

U.S. president wants swift end to conflict, but both are digging in over region in Ukraine's east

4 min  |

October 22, 2025

Mint New Delhi

Sanae Takaichi becomes Japan's first female PM

Sanae Takaichi won the parliamentary vote to become Japan's prime minister on Tuesday, making her the first woman to clinch the nation’s top leadership job.

2 min  |

October 22, 2025

Mint New Delhi

'Balanced India-US portfolios fared better'

Saurabh Mukherjea has a simple message for investors in Indian equities: it's time to look beyond. The chief investment officer and co-founder of Marcellus Investment Managers believes that with jobs in India drying up due to the US tariffs, consumption slowdown and tepid corporate earnings, it “will be tough for a market already trading at record-high valuations to move any further”.

2 min  |

October 22, 2025

Mint New Delhi

As Bollywood movies fizzle, microdramas lift Deepavali

On Deepavali in 2007, Shah Rukh Khan's Om Shanti Om and Saawariya, featuring debutants Ranbir Kapoor and Sonam Kapoor, were vying for millions of Indian to watch their movie in cinema halls.

2 min  |

October 22, 2025

Mint New Delhi

Oil imports in Oct rise as GST cuts boost demand

Oil imports likely to increase in October compared to the past few months

1 min  |

October 22, 2025

Mint New Delhi

Trump-Putin meet still hazy: Kremlin

The Kremlin said on Tuesday it was unclear when a summit between US president Donald Trump and Russian president Vladimir Putin on seeking an end to the war in Ukraine would take place.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

How to divide assets between children from two marriages

Iama62-year-old industrialist from Delhi with two adult sons from my first marriage anda I: daughter from my second marriage.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Nike should put Converse on the block: It's just a distraction

Its CEO has very few easy wins in reach but this could well be one

3 min  |

October 22, 2025

Mint New Delhi

Jio-BP’s Q2 petrol, diesel sales up 34%

Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.

1 min  |

October 22, 2025

Mint New Delhi

UK explores private credit stress tests as risk worries rise

The Bank of England has begun industry outreach about stress testing the private credit market, as governor Andrew Bailey warned of eerie parallels with the run-up to the financial crisis.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Aspirational GDP growth of 8%: The big challenge we must meet

We will need strong domestic savings plus policies that support local demand, enhance productivity and aid macro stability

3 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

The toxic tragedy of US-China trade talks

Name-calling, gaslighting, stonewalling, over-generalising: talks between China and America bear the hallmarks of a toxically dysfunctional relationship.

5 min  |

October 22, 2025

Mint New Delhi

Sensex, Nifty end with modest gains

Benchmark stock indices Sensex and Nifty ended marginally higher in the special one-hour Muhurat trading session on Tuesday, marking the beginning of the new Samvat Year 2082 on a positive note amid firm global cues.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

China says India’s auto PLI schemes violate WTO norms

China has alleged that certain conditions in India’s Production Linked Incentive (PLI) schemes for advanced chemistry cell battery, automobiles and the policy to promote the manufacturing of electric vehicles (EVs) violate global trade rules, and has filed a complaint against these measures at the World Trade Organization (WTO).

1 min  |

October 22, 2025

Mint New Delhi

Core sector output growth slows to 3-month low in Sep

Coal, crude oil, natural gas, and refinery products contract, while steel output surges

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Sebi casts net wider to tackle spike in insider trading cases

Escalation in illegal financial gains coincides with a sharp rise in regulatory scrutiny

2 min  |

October 22, 2025

Mint New Delhi

SC raps insurance firms for filing needless appeals

The court warned against contesting workmen's compensation cases if liability is not disputed

1 min  |

October 22, 2025

Mint New Delhi

U.S. narrows who pays $100,000 H-IB visa fee

Employers won't need to pay the fee for anyone already living in the U.S., such as international students, now

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Stripe pauses India relaunch amid stricter licensing norms

Irish-American financial services firm Stripe Inc. has indefinitely postponed its planned mid-2025 relaunch in India due to stricter licensing and compliance requirements, according to three people aware of the development.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

HOW ALTMAN TIED TECH'S BIGGEST PLAYERS TO OΡΕΝΑΙ

Dealmaking blitz has convinced Silicon Valley’s giants to tether fates to his firm, essentially making it too big to fail

8 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

US deal may cut tariff to 15%, trim Russian oil purchase

On energy, the Indian side is considering allowing US ethanol and gradually reducing purchases of Russian oil, with Washington expected to extend concessions on energy trade in return, said the first of the three officials cited above.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

NITI Aayog proposes new panel to supercharge net-zero push

India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.

1 min  |

October 22, 2025

Mint New Delhi

UltraTech fires up expansion, north peers left in the cold

An-India focused UltraTech Cement announced the fourth phase of its capacity expansion alongside its September quarter (Q2FY26) results last week.

1 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

How China took over the world's rare-earths industry

Beijing used bare-knuckle tactics in multidecade effort to consolidate control over supplies

6 min  |

October 22, 2025

Mint New Delhi

GIFT City funds want tax removed

The regulator of GIFT City, short for Gujarat International Finance Tec City, has relayed a key demand from fund companies operating there to the Union finance ministry that tax collected at source, or TCS, be exempted on investments made by Indians in the international financial services centre (IFSC).

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Gold, silver fall as traders take stock of record rallies

Gold and silver slid as traders took stock of record-breaking rallies, with technical indicators looking stretched while US-China tensions ease.

1 min  |

October 22, 2025