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Mint New Delhi

Pvt Lenders Must Help Lift Financial Inclusion

The Union finance ministry on Monday exhorted private sector banks to increase their participation in financial inclusion schemes and serve the marginalized sections of the society by fulfilling their banking needs.

1 min  |

July 01, 2025

Mint New Delhi

New Kabaddi league draws up global playbook with Olympic goals

Kabaddi's global leap is getting a new push and this time it's not from a broadcaster or a federation but from an entrepreneur betting on scale, structure and sports entertainment.

2 min  |

July 01, 2025

Mint New Delhi

IndusInd sends CEO shortlist to RBI

IndusInd Bank took a $230 million hit in the year ended 31 March.

1 min  |

July 01, 2025

Mint New Delhi

Infra.Market gets $50 mn from MARS

ARS Growth Capital has infused an additional $50 million in Infra.Market and extended the term of its existing financing of $100 million by five years as the building materials platform prepares for an initial public offering (IPO) later this year.

1 min  |

July 01, 2025

Mint New Delhi

India's economy is still waiting for a revival of 'animal spirits'

Easing credit supply won't fix deficient private sector investment

3 min  |

July 01, 2025

Mint New Delhi

Eight years of GST: FinMin says good for ease of doing business

With 15 million registered taxpayers and robust growth in the revenue receipts, the Goods and Services Tax (GST) ecosystem is continuing to evolve with a focus on ease of doing business, better compliance and wider economic participation, the finance ministry said on Monday as the indirect tax system completed eight years.

1 min  |

July 01, 2025

Mint New Delhi

April-May Fiscal Deficit Down as Non-Tax Revenue Grows

Fiscal deficit at 0.8% is at the lowest level since the Centre began publishing data in Apr 1997

2 min  |

July 01, 2025

Mint New Delhi

Reliance Defence eyes ₹20k-cr defence MRO mkt with new JV

Reliance Defence Ltd on Monday signed a pact with US-based defence contractor Coastal Mechanics Inc. (CMI), as the Anil Ambani-promoted company eyes India's ₹20,000-crore defence maintenance, repair, overhaul (MRO) and upgrade market.

1 min  |

July 01, 2025

Mint New Delhi

Sri Mandir owner raises ₹175 crore in funding

AppsForBharat, which runs online devotional app Sri Mandir, has raised ₹175 crore in a Series C funding round led by Susquehanna Asia Venture Capital, with participation from existing investors Nandan Nilekani's Fundamentum, Elevation Capital and Peak XV Partners.

1 min  |

July 01, 2025

Mint New Delhi

Rail passenger fares rise from today

To enhance financial sustainability of passenger services, the Indian Railways has decided to increase passenger train fares across all classes starting Tuesday, after maintaining a freeze on fare revisions over a prolonged period.

1 min  |

July 01, 2025

Mint New Delhi

Cash-rich BFSI and IT firms dominate dividend charts

While it is raining dividends in India Inc., the shower has been far from even.

1 min  |

July 01, 2025

Mint New Delhi

Embassy REIT gets ₹1,550 cr via NCDs

Embassy Office Parks REIT has successfully raised ₹1,550 crore through the issue of debentures and term loans to refinance its existing debt and save interest costs.

1 min  |

July 01, 2025

Mint New Delhi

All hospitals should help patients sign living wills

Hinduja Hospital's move to offer this service should be replicated across the healthcare sector, especially by India's many private hospitals. This legal option must not languish in obscurity

2 min  |

July 01, 2025

Mint New Delhi

Sona to produce magnets locally

Sona Comstar, India's biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into a government push to incentivize their production at home as China restricts their exports.

1 min  |

July 01, 2025

Mint New Delhi

DoT Begins Fresh Demand Study for Direct Spectrum for Pvt 5G

In what could be a setback for telecom operators, the department of telecommunications (DoT) on Monday initiated a fresh demand survey to assess interest in assigning 5G spectrum directly to enterprises for setting up private networks.

1 min  |

July 01, 2025

Mint New Delhi

Japan's Orix to Sell Stake in Greenko to AM Green

As per the deal, Orix gets $650 million in cash, plus $750 million worth of stock, amounting to 10% in AM Green

1 min  |

July 01, 2025

Mint New Delhi

Torrent to retain JB Pharma top deck after acquisition

Ahmedabad-based drugmaker Torrent Pharmaceuticals will not make leadership changes at JB Chemicals and Pharmaceuticals, its management told investors in a call on Monday, a day after announcing a nearly ₹19,500-crore deal to buy a controlling stake.

1 min  |

July 01, 2025

Mint New Delhi

Can you use cryptos to start up overseas?

Using cryptocurrencies to subscribe to shares in a foreign company qualifies as a transfer of a VDA—making it a taxable event in India.

1 min  |

July 01, 2025

Mint New Delhi

Gaja Capital Files Draft for IPO

Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed confidential draft papers with markets regulator Sebi for an initial public offering (IPO).

1 min  |

July 01, 2025

Mint New Delhi

Eight Roads sells $50 mn stakes in 3 firms

Eight Roads Ventures sold its stakes in MoEngage, Whatfix and Shadowfax to TR Capital

1 min  |

July 01, 2025

Mint New Delhi

Mamdani's New York rise: Welfarism versus populism

There's a crucial difference between the two and his plan for the city might be just what it needs

3 min  |

July 01, 2025

Mint New Delhi

Hotel Rates Hold Firm Amid June Slowdown

Operators showed pricing discipline even during short-term demand dips

2 min  |

July 01, 2025

Mint New Delhi

Jaiprakash lenders to meet on 1 July

Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on 1 July to discuss resolution plans submitted by five corporates among other issues.

1 min  |

July 01, 2025

Mint New Delhi

F&B: The real blockbuster at theatres

Step into a multiplex these days and it would seem that the people have come there more for the popcorn and the fizzy drinks than to watch a movie.

2 min  |

July 01, 2025

Mint New Delhi

Industrial output rises 1.2% in May, slowest in 9 months

Fragile recovery Weak May reading shows uneven rebound in industrial activity.

1 min  |

July 01, 2025

Mint New Delhi

Why Undisclosed Medical History Can Make Insurance Claims Invalid

There is no fixed look-back period, but any condition material to the health insurer's decision must be disclosed

3 min  |

June 30, 2025

Mint New Delhi

Why Time and Experience Are the Best Mentors

Blue Dart's Dipanjan Banerjee on the Importance of Being Resilient

2 min  |

June 30, 2025

Mint New Delhi

Pakistan, Afghanistan no longer in World Bank's South Asia region

The World Bank has turfed out Pakistan and Afghanistan from its South Asia administrative region, said two people aware of the development, even as India presses multilateral banks to stop lending to Islamabad for its role in fomenting terrorism.

2 min  |

June 30, 2025

Mint New Delhi

Russian Onslaught Continues, With War's Biggest Aerial Attack

Russia Fired a Total of 537 Aerial Weapons at Ukraine, Including 477 Drones and Decoys, and 60 Missiles

2 min  |

June 30, 2025

Mint New Delhi

RBI's mandate looks unlikely to include climate change

Given India's lengthy legislative process, the central bank is moving slowly but cautiously

3 min  |

June 30, 2025