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Mint Mumbai

Mint Mumbai

Fed divisions reveal new caution over continued cuts

Federal Reserve Chair Jerome Powell delivered a blunt message for investors who have assumed the central bank would be on cruise control toward a third rate cut in December: Not so fast.

4 min  |

October 31, 2025

Mint Mumbai

Lodha Developers Q2 profit rises 87%

Lodha Developers Ltd’s net profit jumped 86.6% jump to ₹789.8 crore in the July-September quarter, against ₹423.1 crore in the corresponding year-ago period.

1 min  |

October 31, 2025

Mint Mumbai

Physicswallah said to plan IPO in weeks

Online education platform Physicswallah Ltd is nearing an initial public offering (IPO) that may fetch 3,820 crore ($431 million), according to people familiar with the matter.

1 min  |

October 31, 2025

Mint Mumbai

L&T likely wins largest-ever order

Larsen & Toubro Ltd's (L&T’s) latest project win, for developing wind power projects with Hitachi Energy off the coast of the Netherlands and Germany for the Dutch power firm TenneT, could potentially be its largest single order ever, at over $30,000 crore, as per analysts.

1 min  |

October 31, 2025

Mint Mumbai

YouTube to use AI to refine videos' quality

Google’s YouTube will use artificial intelligence (AI) to improve the visual clarity of many low-resolution videos on its platform when viewed on TV screens, the web and mobile devices.

1 min  |

October 31, 2025

Mint Mumbai

Rare earth relief for 4 Indian cos as China eases curbs

More applications from Indian companies are expected to be approved in the coming days, said another executive, who is expecting China's approval shortly for his Bengaluru-based electric motor manufacturing company. all three executives spoke on condition of anonymity.

1 min  |

October 31, 2025

Mint Mumbai

Poor power demand dulls Coal India's Q2, outlook weak

Coal India Ltd’s secondquarter results didn’t bring any fireworks.

1 min  |

October 31, 2025

Mint Mumbai

Govt to seek additional funds in winter session

Union finance minister Nirmala Sitharaman is likely to seek Parliament’s nod for additional government funds for fiscal 2026 in the upcoming winter session, two people aware of the development said.

1 min  |

October 31, 2025

Mint Mumbai

Rupee nears record low against US dollar

The rupee approached a record low, pressured by a stronger US dollar as traders pared bets on a December rate cut by the Federal Reserve, and as the local central bank was not seen stepping in to support the currency.

1 min  |

October 31, 2025
Mint Mumbai

Mint Mumbai

Jindal Steel's new CEO says he tends to 'stick around'

Less than 24 hours after his appointment, Jindal Steel Ltd's new chief executive officer (CEO) Gautam Malhotra sought to calm investor nerves on the high churn of senior executives at the billionaire Naveen Jindal-led firm.

2 min  |

October 31, 2025
Mint Mumbai

Mint Mumbai

State development loans fall in Oct as yields remain high

The lack of substantial relief in yields coincided with a dip in state bond supply in October

2 min  |

October 31, 2025

Mint Mumbai

Snabbit raises $30 mn in Series C

Snabbit, a quick-service platform for ondemand home services, on Thursday said it has raised $30 million (about ₹265 crore) in a Series C funding round led by Bertelsmann India Investments, alongside participation from existing investors Lightspeed, Elevation Capital, and Nexus Venture Partners.

1 min  |

October 31, 2025

Mint Mumbai

Where technology ambition meets capital crunch

India’s technology sector stands at a critical inflection point— flush with talent, buzzing with innovation, but still searching for the capital and policy vision to match its ambition.

4 min  |

October 31, 2025
Mint Mumbai

Mint Mumbai

Speed up development in states that need to catch up with others

India's lagging states have little space for fiscal expansion but could make public spending on social schemes more efficient

4 min  |

October 31, 2025
Mint Mumbai

Mint Mumbai

OpenAl lays groundwork for major IPO at up to $1 tn valuation

OpenAl is laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025

Mint Mumbai

MEIL Energy buys lignite power plant

MEIL Energy Pvt. Ltd, a wholly owned subsidiary of Megha Engineering & Infrastructures Ltd (MEIL), has acquired a 100% stake in TAQA Neyveli Power Co. Pvt. Ltd from Abu Dhabi National Energy Co. PJSC (TAQA) for an undisclosed sum of money.

1 min  |

October 31, 2025

Mint Mumbai

India secures six-month US waiver on sanctions for Iran's Chabahar port

India said on Thursday that the US administration has granted India a six-month exemption for American sanctions applicable to Iran’s Chabahar port, which has been developed by New Delhi over the past decade as a crucial gateway for expanding trade and transit with the region.

2 min  |

October 31, 2025

Mint Mumbai

Privatize power utilities but get regulation right

The government is crafting an ambitious package for private participation in electricity retailing but regulatory reforms must take precedence for its benefits to flow across India

2 min  |

October 31, 2025

Mint Mumbai

India IPO to make Cognizant 2nd largest listed local IT company

project. While no decision has been made and any offering and secondary listing would be subject to market and other factors, we continue to assess and review the idea, and are committed to acting in the best interest of our shareholders,” said Dalal.

2 min  |

October 30, 2025

Mint Mumbai

Follow your nose down the bylanes of history

‘The Secret Power of Scent’ takes visitors on a 1,000-year journey

2 min  |

October 30, 2025

Mint Mumbai

A Fed in the dark

As it is, framing monetary policy is a delicate balancing act, with various economic forces in play.

1 min  |

October 30, 2025
Mint Mumbai

Mint Mumbai

After demolishing the U.S.-China relationship, Trump is rebuilding it his way

President Trump blew up America’s decadeslong engagement with China during his first term.

4 min  |

October 30, 2025
Mint Mumbai

Mint Mumbai

How India became the frontline of global fraud

Snigdha Poonam's nonfiction book 'Scamlands' takes stock of the implications of fraud in an already fractured society

4 min  |

October 30, 2025

Mint Mumbai

Is PoA valid to sell a property if owner loses mental capacity?

Six months ago, my father gave me a registered power of attorney (PoA) to sell his property. He slipped into a coma last month. Can I still sell it under that PoA?

1 min  |

October 30, 2025
Mint Mumbai

Mint Mumbai

Bougatsa is a Greek breakfast worth waking for

This custard-filled treat, which dates back to the time of the Byzantine Empire, is a delicious slice of Athens life

3 min  |

October 30, 2025

Mint Mumbai

MARKETS LOOK TOPPY, GOLD LOOKS TIRED—HERE'S HOW TO STAY INVESTED SMARTLY

Market chatter has turned cautious, with many experts warning that a correction in equities and gold may be around the corner.

3 min  |

October 30, 2025
Mint Mumbai

Mint Mumbai

‘Next Startup Fund of Funds to boost deep-tech firms’

Commerce and industry minister Piyush Goyal on Wednesday said the government will dedicate the next edition of the Startup Fund of Funds almost entirely to deep-tech ventures, underscoring India’s ambition to shift from being the world’s back office to a global innovation engine.

1 min  |

October 30, 2025
Mint Mumbai

Mint Mumbai

Will Japan seize its chance to lead regional security in Asia?

It would help its relations with the US and defence against China

3 min  |

October 30, 2025

Mint Mumbai

Why Sebi's new plan has irked mutual funds

The market regulator has suggested capping brokerage and transaction costs that mutual funds can charge investors.

2 min  |

October 30, 2025

Mint Mumbai

Vedanta to boost investment in KCM

Vedanta Resources, the mining and energy company controlled by Indian billionaire Anil Agarwal, proposes to scale up the $1 billion investment in its Zambian copper unit to develop multiple tailing leaching facilities required to enhance copper production from secondary sources, said chief executive officer (CEO) Deshnee Naidoo in an interview.

1 min  |

October 30, 2025