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Mint New Delhi

Google bets on AI to rival MS, Amazon's cloud dominance

Google is seeing increased demand for its Gemini artificial intelligence platform from businesses in India, which is allowing its cloud services to grow faster than those of its two larger rivals, Microsoft and Amazon, according to two senior executives.

2 min  |

November 13, 2025

Mint New Delhi

'India's GCC count to hit 2,400 by 2030'

India could host more than 2,400 global capability centres (GCCs) by 2030, TeamLease Services said on Wednesday, adding that US President Donald Trump's H-1B visa crackdown has had little effect on multinational offshoring plans.

1 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

Retail inflation plunges to record low of 0.25% in Oct

The decline in inflation in October, like the previous several months, was led by the food group. Inflation for food items, which account for nearly 40% of the inflation basket and have a heavy influence on the headline inflation, plunged to -5.02% from -2.33% in September. The sharp decline was led by vegetables and pulses and products, inflation for which came in at -27.57% and -16.15%, respectively.

2 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

Mega export schemes get nod

The Union cabinet on Wednesday approved two major initiatives worth a combined %45,060 crore to strengthen India’s export ecosystem and ease liquidity pressures for exporters.

1 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

The Fed is increasingly torn over a December rate cut

The path for interest-rate cuts has been clouded by an emerging split within the central bank with little precedent during Federal Reserve Chair Jerome Powell's nearly eight-year tenure.

5 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

What happens to your CGAS money if you don’t buy a house?

I sold a property in March 2024 and deposited ₹57 lakh of capital gains in a Capital Gain Account Scheme (CGAS) in May 2024. Since I will soon be moving abroad, I do not plan to buy a house using the deposited amount. How much tax will I have to pay now? I have been told that the tax rate is 12.5% instead of 20%. Is that correct? (If so, it would mean I pay a lower tax rate on a sale completed well before the new rule came into effect.)

1 min  |

November 13, 2025

Mint New Delhi

Red Fort blast: Govt calls it terror attack

The government on Wednesday termed the car explosion outside Red Fort as a “heinousterror incident” and directed investigating agencies to deal with the case with “utmost urgency and professionalism” to bring those behind it and their sponsors to justice without delay.

1 min  |

November 13, 2025

Mint New Delhi

Foxconn posts 17% rise in Q3 profit

Taiwan’s Foxconn, the world’s largest contract electronics maker, posted a forecast-beating 17% rise in third-quarter profit on Wednesday, fuelled by the sustained strength in demand for artificial intelligence (AI) servers that it expects to drive growth next year too.

1 min  |

November 13, 2025

Mint New Delhi

Flesh is a uniquely original Booker winner

David Szalay’s novel is an experimental fiction that never loses the reader

2 min  |

November 13, 2025

Mint New Delhi

Hirings at mid-tier tech firms to outpace Big Five this fiscal

Stock jumps 31% on listing day, market capitalization eclipses older peers

2 min  |

November 13, 2025

Mint New Delhi

SpiceJet loss deepens as grounded planes hurt

Low-cost carrier SpiceJet Ltd's loss increased about 36% year-on-year to ₹621 crore in the July-September quarter, hurt by foreign exchange losses and as many of its planes remained grounded for maintenance.

1 min  |

November 13, 2025

Mint New Delhi

Tariff lifts banking stocks’ haven appeal

Foreign investors are showing renewed interest as India’s banking sector has risen to the top of their wish lists

3 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

SBI, govt clash on spectrum sale in insolvency cases at SC

SBI says that spectrum is an intangible asset that can be monetized for creditors’ recovery

2 min  |

November 13, 2025

Mint New Delhi

Paint war is far from over: Asian Paints CEO

India’s paint war is far from over, Asian Paints said, as it looks to improve execution and strengthen its brand at a time rivals are doubling down on expansion to capture market share.

1 min  |

November 13, 2025

Mint New Delhi

Monitor air pollution, set up clinics: Centre tells states

Union government directs states, UTs to establish a robust public health response

1 min  |

November 13, 2025

Mint New Delhi

Lighthouse Canton plans India push

Investment firm Lighthouse Canton plans to double its headcount over the next two years and will expand its presence in India, catering to the country’s wealthy who are looking for global investment advice.

1 min  |

November 13, 2025

Mint New Delhi

Life after divorce: Women, and the art of starting over

When marriage ends, women face deep turmoil—it’s also a chance to regain financial control

3 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

Why only one of two big Tata Trusts inducted Neville, Bhat

Srinivasan said SRTT didn’t have the appointment on the agenda, did not attend SDTT meet

2 min  |

November 13, 2025
Mint New Delhi

Mint New Delhi

Gig workers face hard reset after best-ever festive season

After record seasonal hiring during the festival period, gig workers stare an unusually lean period thisnew year.

3 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

Thematic funds rise, but investor interest is fading

India’s mutual fund industry is facing a curious paradox, with asset managers doubling down on thematic and sectoral funds even as investors in new fund offers (NFOs) turn lukewarm towards them.

2 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

Next budget may keep govt capex plan steady

Infra spending level may be maintained as private capex pickup expected

4 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

Major tariff cut for India, says Trump, as trade deal nears

US president Donald Trump said tariffs on India will be lowered “very substantially”, signalling an easing of tensions over New Delhi's Russian oil purchases as the two countries near a trade deal.

2 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

JSW to sell 50% in Bhushan to JFE for up to ₹16,000 cr

Billionaire Sajjan Jindal-led JSW Steel is in advanced talks with JFE Steel Corporation, Japan’s second-largest steelmaker, to bring it in as a partner in wholly owned subsidiary Bhushan Power and Steel Ltd in a deal valued at about ₹15,000-16,000 crore, an executive aware of the matter said.

2 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

Tata Trusts board inducts Noel Tata's son Neville, Bhaskar Bhat

Tata Trusts on Tuesday inducted Neville Tata, son of Noel Tata, and Bhaskar Bhat, former Titan Co.Ltd chief executive, on the board of Sir Dorabji Tata Trusts (SDTT).

3 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

Why small drug firms are facing a crackdown

The Drugs Controller General of India (DCGI) has directed states to inspect thousands of small- and medium-sized pharma firms to enforce stricter quality standards. The crackdown follows recent child deaths linked to Indian cough syrups. Mint explains:

2 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

China to keep U.S. military from getting its rare-earth magnets

China plans to ease the flow of rare earths and other restricted materials to the U.S. by designing a system that will exclude companies with ties to the U.S. military while fast-tracking export approvals for other firms, according to people familiar with the plan.

2 min  |

November 12, 2025

Mint New Delhi

IKEA India revenue grows 6% on strong demand

IKEA India saw its 2024-25 revenue grow on the back of strong demand for affordable furniture, robust online sales, and steady growth in its business-to-business segment.

1 min  |

November 12, 2025

Mint New Delhi

Thematics top MF menu, but investors are losing their fancy

Lukewarm interest isn’t just restricted to NFOs

1 min  |

November 12, 2025
Mint New Delhi

Mint New Delhi

As FTA talks gather pace, NZ to allow import of Indian grapes

New Zealand plans to allow the import of fresh table grapes from India for the first time.

1 min  |

November 12, 2025

Mint New Delhi

Neuberg eyes India IPO worth $350 mn

Neuberg Diagnostics is said to be planning an initial public offering (IPO) that could raise about $350 million for the Indian clinical laboratory-testing chain, according to people familiar with the matter, adding to flurry of deals in the country’s hot IPO market.

1 min  |

November 12, 2025