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Mint Bangalore

Irdai Considers Increasing FDI in Insurance to 100%

The Insurance Regulatory and Development Authority of India (Irdai) is considering increasing foreign direct investment (FDI) in the insurance sector to 100% from 74% now, Deepak Sood, whole-time member of Irdai, said at the Mint BFSI Summit and Awards held recently.

2 min  |

January 29, 2025

Mint Bangalore

Designed for ergonomics and accessibility

The upgraded AI features in this phone are well-integrated, though not pivotal

2 min  |

January 29, 2025

Mint Bangalore

JLR seeks $500 mn offshore loan

Jaguar Land Rover Automotive, the British arm of Tata Motors Ltd, is planning to raise $500 million through an offshore loan, according to a company statement, joining a flurry of dollar debt deals from Indian conglomerates.

1 min  |

January 29, 2025

Mint Bangalore

Infra status unlikely for EV charging despite demand

Charging infrastructure is critical in India, where EV adoption is growing rapidly.

2 min  |

January 29, 2025

Mint Bangalore

Zepto's reverse flip done ahead of IPO

Zepto has marked a milestone with the completion of its reverse flip from Singapore to India ahead of its proposed initial public offering (IPO).

1 min  |

January 29, 2025

Mint Bangalore

Experts bat for green taxonomy for climate finance

India's climate financing activities need to be buttressed by a green taxonomy and new risk management models, said a panel of experts at the Mint BFSI Summit.

1 min  |

January 29, 2025

Mint Bangalore

Why 2025 Is a Do-or-Die Year for Climate Action

The next four years of the Trump presidency will represent a litmus test for climate action across the world

3 min  |

January 29, 2025

Mint Bangalore

Budgeting to achieve outcomes: Let 'Pay for results' lead the way

Linking expenditure with outcomes will effect the behavioural shifts India needs and enhance the efficacy of budget outlays

4 min  |

January 29, 2025

Mint Bangalore

IGX Gets Nod for Long-Term Contracts

The Indian Gas Exchange (IGX) announced the launch of long-duration gas supply contracts of 3-6 months, following approval from the Petroleum and Natural Gas Regulatory Board (PNGRB).

1 min  |

January 29, 2025

Mint Bangalore

Bollywood's nostalgia play: Re-releases risk losing steam

Old is gold, they say—but maybe not always?

2 min  |

January 29, 2025

Mint Bangalore

Honda Sets Its Sights on 50% Share of World's Motorcycle Market

Honda Motor Co. is looking to capture half of the world's market for motorcycles as industry-wide sales of two-wheelers, both gas and electric, are tipped to reach 60 million units annually by 2030.

1 min  |

January 29, 2025

Mint Bangalore

Nearly $2 bn earmarked for critical minerals sector

The mines ministry has earmarked nearly $2 billion to develop its critical minerals sector as India aims to secure raw materials such as lithium, according to a person aware of the matter and documents from the ministry.

1 min  |

January 29, 2025

Mint Bangalore

Always-Listening AI: Can These Devices Be Trusted?

Wearables that can act as a second mind are here, but some users and researchers feel they could become a privacy nightmare

4 min  |

January 29, 2025

Mint Bangalore

Trump order freezing foreign aid halts programs globally, prompts confusion and rush for waivers

Suspension affects humanitarian programs, counterterrorism efforts and weapons financing

5 min  |

January 29, 2025

Mint Bangalore

DeepSeek May Boost Race for India AI Model

Chinese firm's low-cost model raises hopes of democratizing AI globally

2 min  |

January 29, 2025

Mint Bangalore

Rupee falls to 86.56 against the dollar

Rupee depreciated 25 paise to close at 86.56 (provisional) against the dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by US President Donald Trump.

1 min  |

January 29, 2025

Mint Bangalore

Defending your will: Key legal steps to protect family interests

Drafting a will is a time-tested and widely used method of succession planning, enabling individuals to transfer their assets to chosen beneficiaries in a manner they deem fit and ensuring their wishes are clearly defined.

1 min  |

January 29, 2025

Mint Bangalore

The Raj extracted $65 trillion from us: Fact or fiction?

Oxfam's huge estimate does not withstand scrutiny as it makes too many flimsy assumptions

3 min  |

January 29, 2025

Mint Bangalore

India, China Agree to Resume Air Travel

India and China have agreed to resume direct air services after nearly five years and work on resolving differences over trade and economic issues, New Delhi said, as relations continue to thaw after a deadly 2020 border clash.

1 min  |

January 29, 2025

Mint Bangalore

New incentives to tap Trump's China stance weighed

The government is considering offering fiscal incentives to attract fresh investments to harness opportunities emanating from US President Donald Trump's strong anti-China stance and to boost India's growth, including a second version of the 15% concessional corporate tax scheme for specific sectors, people aware of the development said.

1 min  |

January 29, 2025

Mint Bangalore

Gen Z Drives Demand for Affordable Luxury Section

Gen Z accounts for 20-25% of online lifestyle market, a report by Bain & Co. and Myntra said

2 min  |

January 29, 2025

Mint Bangalore

Sops, recoveries fuel NTPC's Q3, but execution still crucial

TPC Ltd's consolidated Ebitda surged 20% year-on-year (y-o-y) to ₹13,700 crore in the December quarter (Q3FY25), driven by lower other expenses and slower growth in fuel costs as coal production ramped up.

1 min  |

January 29, 2025

Mint Bangalore

Social media influencers in India shouldn't escape accountability

Online misguidance is a menace. Platform owners and the government should create a framework of checks and balances

3 min  |

January 28, 2025

Mint Bangalore

Rupee falls to 86.33 against the dollar

Rupee depreciated amid strong dollar demand and a muted trend in domestic equities.

1 min  |

January 28, 2025

Mint Bangalore

Aurea Group PE set to pump in $3-5 bn into beauty brands

The PE firm will remain focused on beauty and wellness, rather than diversifying into other sectors such as F&B

2 min  |

January 28, 2025

Mint Bangalore

Musk versus Altman: Act II of a Shakespearean drama

Their friction goes back to the foundational ideals of OpenAI but now both seem to have Trump's favour

3 min  |

January 28, 2025

Mint Bangalore

Pharma stocks slide over Trump's relief fund freeze

Shares of Laurus Labs on Monday fell nearly 15% as the company's ARV sales make up about 46% of its total revenue

2 min  |

January 28, 2025

Mint Bangalore

Senior officers of the Army face a revised policy on promotions

Lieutenant generals will soon have an additional hoop to jump through before they get promoted

3 min  |

January 28, 2025

Mint Bangalore

Budget 2025: Tax Sops, Higher Deposit Insurance Can Offer Support to Banks

Banking is struggling to reinvent itself in the face of rapidly scaling fintechs

2 min  |

January 28, 2025

Mint Bangalore

Navigating DTAA rules for foreign income

Can I be considered a non-resident in India for this tax year? If not, what happens to my Dubai salary? Can I take the help of double taxation avoidance agreement provisions?

2 min  |

January 28, 2025