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Mint New Delhi

Mint New Delhi

Powell won't leave; Fed won't cut. Warsh must deal with both

At his Senate confirmation hearing last week, Kevin Warsh told lawmakers that the Federal Reserve needed a serious shaking up, with “messier meetings” and “a good family fight” at an institution that has cultivated discipline and consensus.

4 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Quick weight loss sparks rush to fix ‘Ozempic face’

Weight-loss drugs are known to cause side-effects like sagging skin as fat disappears, accentuating signs of ageing.

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Subsidy sunset, road tax cast gloom over EV sales

The exit of subsidies and the entry of road taxes across key states threaten a double whammy for electric vehicle (EV) manufacturers, at a time when global energy shocks prompt many buyers to seek cleaner vehicles.

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

HUL fights costs with price hikes, raises volume game

Volume growth of 6% is highest in 15 quarters; net profit grows 21.3% in Q4

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

The curious case of RIL’s sale of subsidiary to former associate

Ltd’s recent sale of a second-level step-down subsidiary to a little-known company may test the limits of regulation on related-party transactions even while technically keeping to the rules, said legal and governance experts.

4 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Oil hits 4-year high, rupee record low, as supply fears rise

Oil prices hit a four-year peak on Thursday, as concerns intensified over a lengthy disruption to global energy supplies.

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

DON'T REACT TO NOISE. FIX YOUR FINANCES

Volatility is back, but stay the course

1 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Listing-shy Tata Sons can't escape RBI's public funds net

A clarification by the Reserve Bank of India (RBI) has undercut Tata Sons’ attempt to distance itself from public funds, potentially retaining it in the upper layer of non-bank financial companies (NBFCs), a category that entails tighter regulation and a mandatory listing requirement.

2 min  |

May 01, 2026

Mint New Delhi

Sebi clears fast track launch for AIF schemes

The Securities and Exchange Board of India (Sebi) has eased the approval process for alternative investment funds (AIFs), allowing managers to launch schemes faster and use capital more efficiently.

1 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Monthly orders of Amazon Now rising 25% in India: CEO

E-commerce marketplace Amazon's quick delivery arm, Amazon Now, is seeing its order volume grow 25% month-on-month in India within a year of rollout.

1 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Eight states cap fiscal deficit at 3%; Punjab most in debt

Eight Indian states have pegged their fiscal deficit—the gap between spending and revenue receipts met via borrowings—for the ongoing financial year at 3% or below their respective gross state domestic product (GSDP), in a sign of rising budget discipline even as overall state finances remain uneven.

1 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

India to procure 62 ships for ₹51,000 cr amid West Asia war

Shipping Corp. of India and state-run oil and gas companies together aim to float tenders this financial year to procure 62 vessels for ₹51,000 crore as the ongoing West Asia crisis disrupts essential supplies, prompting the country to cut reliance on foreign carriers.

1 min  |

May 01, 2026

Mint New Delhi

Worker protests raise questions over industrial relations in India

Better wages and work conditions for the country's workforce would enable faster economic growth

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

BSNL targets Arpu jump to ₹150 amid growth concerns

Bharat Sanchar Nigam Ltd (BSNL) has set an ambitious target of increasing its average revenue per user (Arpu) by almost 50% to ₹150 in the current fiscal year.

2 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Pvt airport operators seek relief after tariff reduction

Airport operators are warning of cash-flow stress.

1 min  |

May 01, 2026

Mint New Delhi

IDBI Bank Q4 net profit slips 5%

DBI Bank on Thursday reported a 5% decline in net profit to ₹1,943 crore for the March quarter of FY26.

1 min  |

May 01, 2026

Mint New Delhi

Will the April sprint stumble on $126 oil, 95-plus rupee?

Equities ended the holiday-truncated week only marginally higher, as stalled talks between the US and Iran and President Donald Trump’s rejection of Tehran's proposal to remove the blockade of Hormuz pushed crude prices to a three-year high of $126 per barrel.

1 min  |

May 01, 2026

Mint New Delhi

Silver rallies ₹7,100 in May futures trade

Silver prices surged by ₹7,100 to ₹2.4 lakh per kg in futures trade on Thursday amid firm trends in the international markets after the US Federal Reserve kept its benchmark interest rates unchanged.

1 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Bagmane Reit eyes acquisitions, bets on GCC demand

Blackstone-backed Bagmane Prime Office Reit, which is set to launch its ₹3,405-crore initial public offering (IPO) next week, expects strong leasing momentum led by global capability centres (GCCs) as it looks to acquire assets and grow its portfolio, CEO Richard Hugh Andrew said.

1 min  |

May 01, 2026

Mint New Delhi

Don’t rush to replicate HUL’s network of influencers

That Hindustan Unilever Ltd (HUL) has a network of 300,000 'influencers' at work for its marketing department, as declared in April by Unilever CEO Fernando Fernandez, has quickly become a Power Point talisman.

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Pocket FM seeks to raise around $120 mn

Audio platform revives plan to raise capital at $1.5-2 billion valuation

2 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Japan could help Asia defend itself as America turns its back

Tokyo’s new arms-export policy must get its nuts and bolts in place

3 min  |

May 01, 2026

Mint New Delhi

Cleaner growth for Bajaj Fin?

Bajaj Finance continued its streak of consistency in Q4FY26, with the non-banking financial company again delivering over 20% year-on-year growth in assets under management (AUM).

2 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

US moves to deploy hypersonic missile against Iran

US Central Command has asked to send the Army’s long-delayed Dark Eagle hypersonic missile to the Middle East for possible use against Iran

2 min  |

May 01, 2026

Mint New Delhi

As Hormuz traffic stalls, U.S. pitches new coalition to get ships moving again

Just weeks after President Trump declared the Strait of Hormuz “COMPLETELY OPEN AND READY FOR BUSINESS” only to see ship traffic stall, the administration is now asking other countries to join a new international coalition that would enable ships to navigate the waterway.

2 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

'FY26 FDI inflows may top $90 billion amid mfg push'

Ongoing reform measures, progress on FTAs aiding sustained FII inflows: DPIIT secretary

2 min  |

May 01, 2026

Mint New Delhi

Defence sector sees ₹15 tn opportunity on export push

Defence exports were at ₹38,424 cr in FY26, with government targeting ₹50,000 cr by FY29

3 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

FREEZER-READY MANGOES, BRED BY A VIZAG FARMER

Kongara Ramesh is a man of many obsessions.

7 min  |

May 01, 2026
Mint New Delhi

Mint New Delhi

Vi gets ₹23,600 cr AGR relief, but spectrum burden stays

DoT’s revision comes after SC-ordered reassessment; spectrum dues remain at ₹1.25 trillion

2 min  |

May 01, 2026

Mint New Delhi

Federal Bank to buy StanChart card folio

Federal Bank’s board has approved the acquisition of a select portfolio of retail credit cards from Standard Chartered, the private sector lender informed the exchanges on Thursday.

1 min  |

May 01, 2026