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Mint Hyderabad

RBI issues new rules to curb mis-selling

The Reserve Bank of India (RBI) on Monday issued final guidelines for the sale of financial products by banks and non-bank lenders, effective January.

1 min  |

June 16, 2026

Mint Hyderabad

Options mkt sees big flip before peace deal

India's options market buzzed with activity before the West Asia peace deal was announced over the weekend, with bears scurrying for cover while bulls drove up the Nifty almost 3% over two sessions through Monday.

3 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Truce may make life easier for India's MPC, just a tad

The decision by the US and Iran to halt the war is likely to give the six-member panel that sets India’s interest rates some breathing room, easing concerns over oil-led inflation that had clouded its outlook.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Control of intelligence: rumbles at the frontier

As the US begins to regulate access to advanced AI models such as Anthropics, India should focus on fresh opportunities thrown up by this policy shift and double down on sovereign AI

2 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Sarvam raises $234 mn, goal to build next frontier model

Sovereign AI startup now valued at $1.5 billion; HCLTech leads with $150 million commitment

3 min  |

June 16, 2026

Mint Hyderabad

India-US trade talks to resume next week

The United States Trade Representative (USTR) Jamieson Greer could focus on giving “final touches” to the proposed India-US Bilateral Trade Agreement (BTA) during his upcoming India visit, said commerce secretary Rajesh Agrawal on Monday.

1 min  |

June 16, 2026

Mint Hyderabad

Birla leads race to buy Sprng Energy

Aditya Birla Group has emerged as the frontrunner to buy Shell Plc’s Indian renewable power producer, people familiar with the matter said.

1 min  |

June 16, 2026

Mint Hyderabad

Trade secrets case: no US relief for TCS

The US Supreme Court turned away on Monday a bid by India-based Tata Consultancy Services (TCS) to overturn a $168 million award won against it by DXC Technology for allegedly stealing trade secrets related to life-insurance software.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Airtel opposes Jio's plan to use 5G band for Wi-Fi services

Nearly four years after telecom operators spent ₹15,000 crore acquiring 26GHz spectrum for 5G services, a dispute has emerged over whether the band can be repurposed for Wi-Fi-based broadband.

2 min  |

June 16, 2026

Mint Hyderabad

Arun Misra to be Vedanta group CEO; four firms list

Hindustan Zinc chief executive officer Arun Misra is set to become group chief executive officer (CEO) of Vedanta Ltd within the next two months, according to people familiar with the matter.

1 min  |

June 16, 2026

Mint Hyderabad

Reits, InvITs to hit ₹20 tn AUM by 2030

The real estate and infrastructure investment trusts are poised to double their assets under management to over ₹20 trillion by 2030, as domestic institutions tap only a fraction of their allowed exposure to the asset class, according to a report by Avendus Capital.

1 min  |

June 16, 2026

Mint Hyderabad

How India responds to the rise of AI will shape its middle class

The impact of AI demands a strategic response to secure our agency over labour market outcomes

3 min  |

June 16, 2026

Mint Hyderabad

May gold imports up 34% to $3.41 bn

India’s gold imports rose by 34% year-on-year to $3.41 billion in May, driven by high prices of the precious metal, while silver imports dipped 86.65% to $75.57 million during the month, according to the commerce ministry data.

1 min  |

June 16, 2026

Mint Hyderabad

InMobi turns to AI to fuel ad business ahead of its IPO

InMobi is building a new generation of advertising products designed for an Internet increasingly shaped by artificial intelligence (AI), as the Bengaluru-based adtech firm looks to position itself for the next phase of growth ahead of a planned public listing.

1 min  |

June 16, 2026

Mint Hyderabad

How RBI's latest move made FCNR deposits more rewarding for NRIs

Banks have sharply raised FCNR deposit rates to 5.75-7% after RBI's special swap facility lowered hedging costs

5 min  |

June 16, 2026

Mint Hyderabad

Fox to buy Roku at $22 bn value

Fox Corp. agreed to acquire Roku Inc. in a deal that values the streaming video platform at about $22 billion including debt, creating a new television juggernaut that will control content and distribution and allow it to better compete with major streaming platforms in advertising.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Hybrids hit speed bump on tax tweaks

India’s hybrid car market is losing momentum as electric vehicles (EVs) pull ahead due to rising demand amid the West Asia war-induced fuel concerns and loss of its tax advantage over the fossil fuel variants eroding its appeal.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Our dropping crime rate is good news but it isn't the whole story

A close look at India’s latest data indicates a need to focus not just on reducing law violations but also on improved reporting

3 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Markets surge as US-Iran truce calms geopolitical jitters

A wave of optimism swept through global markets on reports that the US and Iran had agreed on a deal to end the war, with the agreement expected to be signed in Switzerland on Friday.

2 min  |

June 16, 2026

Mint Hyderabad

Apr current account surplus at $4.7 bn: RBI

India recorded a current account surplus of $4.7 billion in April as against a deficit of $4.8 billion in the year-ago month, on the back of higher services exports and net transfer receipts, according to Reserve Bank of India (RBI) data released on Monday.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Kevin Warsh wants the Fed to stop explaining everything

For decades, the U.S. central bank believed talking openly made its policy work better. Its new chairman believes the opposite

9 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

US-Iran peace will unclog petrochemical supply lines

Over the past three months, India has used most refinery products to produce cooking gas

2 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Sebi board to speed up AIF launches, revive buybacks

Regulator may clear GARUDA norms to cut AIF scheme launch timelines to 10 working days

3 min  |

June 16, 2026

Mint Hyderabad

Moonshot AI public offers: can Indian investors pile in?

If 2025 was the year of vibe coding and agentic systems, then 2026 is the year of artificial intelligence (AI) stock listings around the world.

4 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Noida airport's first test is a slowing aviation market

The airport is targeting up to 5 million passengers in its first year amid a likely lag in demand

3 min  |

June 16, 2026

Mint Hyderabad

How GST rejig, Iran war-linked EV push took wind out of hybrid cars' growth

units. EV sales, on the other hand, surged 81% to 26,682 units during the month, giving it a 6.6% share in total sales as against the 2.1% share of hybrids.

3 min  |

June 16, 2026

Mint Hyderabad

Madhusudan Kela buys ₹120 cr flat

Veteran investor Madhusudan Kela has bought a 6,233 sq. ft flat in top real estate firm DLF Ltd’s super-luxury project The Dahlias in Gurugram for ₹120 crore.

1 min  |

June 16, 2026
Mint Hyderabad

Mint Hyderabad

Tariff shock, supply turmoil hit Indian economy, businesses: Sitharaman

Finance minister Nirmala Sitharaman on Monday said India faces the same challenges confronting businesses, with tariffs, commodity price volatility, supply-chain disruptions and weather-related risks capable of affecting the economy despite strong fundamentals.

1 min  |

June 16, 2026

Mint Hyderabad

Drools parent said to plan IPO, seeks pitches from banks

IB Group, an Indian agribusiness company focused on poultry and livestock and owns Drools Pet Food Pvt Ltd, has held meetings with investment banks for a proposed initial public offering (IPO), according to three people familiar with the matter.

1 min  |

June 16, 2026

Mint Hyderabad

Peace in West Asia, relief for the world

War draws to a close as US, Iran agree to sign deal on Friday

4 min  |

June 16, 2026