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Mint New Delhi

Mint New Delhi

SUVs dominate roads, but at the luxe end, sedans are holding on

The number of sedans on Indian roads is shrinking, thanks mainly to the rise of sports utility vehicles (SUVs).

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Power, realty are bright spots amid capex gloom

While corporate India remains flush with capital, new investments are not keeping pace.

3 min  |

October 22, 2025

Mint New Delhi

How AWS-style cloud crashes can hamper AI march

The global outage of Amazon Web Services (AWS) that knocked thousands of websites and apps is a warning for firms rapidly scaling for the artificial intelligence (AI) era, and have moved huge workloads to the cloud. Mint explains why they can't afford to ignore this risk.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Keppel buys Shell stake in Cleantech, takes full control

Singapore’s Keppel Ltd has bought energy major Shell Plc’s 49% stake in renewable energy developer Cleantech Solar in a deal having an equity value of around $200 million, taking full control of the company. It is planning a sale of Cleantech for around $400 million next, said two people aware of the development. Both requested anonymity.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Murky underworld where Louvre thieves take stolen jewels

After a group of thieves brazenly broke into Paris’s Louvre Museum and snatched eight pieces of jewelry that form part of France’s crown jewels, the chase is on to find them before they filter into the black market.

4 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Small stores on slow track in passing on GST rate cut

It has been nearly a month since the government's latest Goods and Services Tax (GST) rate cuts came into effect, but chances are some packaged goods may still be sold at old prices in small retail stores.

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

US deal may cut tariff to 15%, trim Russian crude

Higher imports of US corn, ethanol likely; deal may be announced at Asean summit

4 min  |

October 22, 2025

Mint New Delhi

Ethiopia wants loan yuan denominated

Ethiopia started talks with China to convert at least part of the $5.38 billion it owes Beijing into yuan-denominated loans, following an example set by Kenya that bolsters China’s efforts to internationalize its currency.

1 min  |

October 22, 2025

Mint New Delhi

India’s sunshine law: Clouded by the data privacy bill

In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap.

3 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Venu Srinivasan reappointed for life at Tata Trusts

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.

2 min  |

October 22, 2025

Mint New Delhi

Deloitte's AI debacle in Australia isa warning for all early adopters

That a report riddled with AI hallucinations was sent to a government should be a wake-up call

3 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Wikipedia faces traffic woes thanks to Gen AI

In other AI news, OpenAI's Sora 2 creates a stir for all the wrong reasons

1 min  |

October 22, 2025

Mint New Delhi

Non-banks are making markets nervous again

As sudden banking strains in the US show, the growth of non-banks is a mixed blessing, especially if they use bank funds for lending. The motto should be 'better safe than sorry'

2 min  |

October 22, 2025
Mint New Delhi

Mint New Delhi

Olyv taps Unitus Cap for $20 mn funding

Lightrock-backed personal lending platform Olyv, formerly SmartCoin, has appointed Unitus Capital to raise fresh funds, three people in the know said.

1 min  |

October 22, 2025

Mint New Delhi

Rooftop solar: Can it really lower your electricity costs?

Rooftop solar can significantly reduce electricity bills, especially for high-power consumers

4 min  |

October 22, 2025

Mint New Delhi

Why ICICI grit beats HDFC gloss

The Street reacted differently to the September quarter (Q2FY26) results of India’s top private sector banks, HDFC Bank and ICICI Bank.

2 min  |

October 22, 2025
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