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Mint Chennai

Fraudsters will mourn the end of UPI payment requests

The National Payments Corporation of India (NPCI) has phased out a major feature of the Unified Payments Interface (UPI) that has long made peer-to-peer (P2P) transactions both convenient and risky. From 1 October, the \"collect request\" option for P2P transactions has been withdrawn. This is a decisive step to combat a surge in financial fraud within India's digital payments ecosystem.

3 min  |

October 09, 2025

Mint Chennai

UK fintech Revolut eyes India foray

London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world’s largest digital payments markets, as part of a planned global expansion.

1 min  |

October 09, 2025

Mint Chennai

Rural users central to capacity utilization: Starlink

Elon Musk-owned Starlink on Wednesday said a large part of its capacity will remain underutilized in India if the country's rural users are not brought onto its soon-to-be launched satellite internet services.

1 min  |

October 09, 2025

Mint Chennai

SoftBank to buy ABB's robotic arm

SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4.billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial intelligence.

1 min  |

October 09, 2025
Mint Chennai

Mint Chennai

Hyundai gets cold shoulder from Trump despite charm offensive

The Korean carmaker is betting big on the U.S., even as new trade and immigration policies pose hurdles

8 min  |

October 09, 2025

Mint Chennai

Trio win Nobel chemistry prize for metal-organic frameworks

Scientists Susumu Kitagawa, Richard Robson and Omar Yaghi won the 2025 Nobel chemistry prize for developing a new form of molecular architecture, yielding materials that can help tackle challenges such as climate change and lack of fresh water.

1 min  |

October 09, 2025

Mint Chennai

Daikin to invest ₹1,000 cr in Haryana

A Memorandum of Understanding (MoU) was signed in Osaka, Japan in the presence of the state chief minister Nayab Singh Saini, who along with a high-level delegation is on an official visit to the country from 6 to 8 October.

1 min  |

October 09, 2025

Mint Chennai

Z47 bets on AI-led wealth-tech, fintech

After cutting larger cheques for companies such as Dezerv and Stable Money, Z47 (formerly Matrix Partners India) is seeing more opportunities in the wealth-tech segment and fintechs with a strong AI play, its managing director Vikram Vaidyanathan said.

2 min  |

October 09, 2025
Mint Chennai

Mint Chennai

Our lacklustre market: The fault, dear investor, is not in our stars

Foreign investors have rational and opportunistic reasons to pull money out but the India Story must refresh its appeal too

4 min  |

October 09, 2025

Mint Chennai

Gold zooms past $4,000 for first time

Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty.

1 min  |

October 09, 2025

Mint Chennai

AI's impact on fair competition: Test first, legislate later

Artificial Intelligence (AI) has moved from the laboratory into the heart of commerce, with algorithms setting cab fares, recommending films to watch and increasingly determining prices in online marketplaces.

3 min  |

October 09, 2025
Mint Chennai

Mint Chennai

ReNew in $190-million Sembcorp solar deal

Nasdaq-listed firm is selling assets as part of its capital recycling strategy

2 min  |

October 09, 2025

Mint Chennai

RBI restricts Baghat Urban Co-op Bank

The Reserve Bank of India (RBI) has imposed several restrictions on Solan-based The Baghat Urban Cooperative Bank, including a ₹10,000 cap on withdrawal per customer.

1 min  |

October 09, 2025

Mint Chennai

Adani taps SBI, Temasek, others for NMIA terminal

Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029

1 min  |

October 09, 2025
Mint Chennai

Mint Chennai

India lines up ₹7,300-crore push for rare earth magnets

Companies interested in making the magnets need to invest at least ₹200 crore

2 min  |

October 09, 2025

Mint Chennai

INSIDE ZOHO'S BIG BET ON SWADESHI TECH

The company has been quietly building consumer tech products for four years now. We take a closer look.

8 min  |

October 09, 2025
Mint Chennai

Mint Chennai

Starmer resists demands for more visas for Indians

Prime Minister Keir Starmer said he would resist demands from business to allow more highly skilled workers from India to come to the UK following a free trade agreement (FTA) between the two countries.

1 min  |

October 09, 2025
Mint Chennai

Mint Chennai

Cashfree CFO checks out months after taking charge

Cashfree Payments India Pvt. Ltd's chief financial officer, Piyush Anchliya, has resigned just months after taking charge, marking an unexpected senior-level exit at the Bengaluru-based software-as-a-service (SaaS) fintech.

1 min  |

October 09, 2025
Mint Chennai

Mint Chennai

India to stop substandard drug imports with digital gatekeeping

India's top drug regulator is preparing to link its designated ports with the country's digital customs gateway to strengthen oversight, and ensure that only safe medicines, devices, and cosmetics enter the domestic market, according to an official aware of the matter and documents reviewed by Mint.

1 min  |

October 09, 2025
Mint Chennai

Mint Chennai

Relief for Amazon in ₹336 cr trademark case

The Supreme Court (SC) on Tuesday granted a major reprieve to Amazon Technologies, a subsidiary of global e-commerce giant Amazon Inc., in a trademark infringement dispute with Lifestyle Equities CV, the owner of the Beverly Hills Polo Club (BHPC) brand.

1 min  |

October 08, 2025

Mint Chennai

Top law firm partners defy risks to start boutique firms

Karishma Sundara had already spent six years working at India's top law firms before joining Trilegal, another marquee name in the country's legal profession, as an equity partner three years ago.

2 min  |

October 08, 2025
Mint Chennai

Mint Chennai

AI-driven suicide: Are Chinese chatbots safer than American?

The jury's out but an AI race shouldn't be an excuse to ignore safety

3 min  |

October 08, 2025

Mint Chennai

Nayara revives overseas fuel sales

Indian refiner Nayara Energy Ltd—a target of European Union (EU) sanctions aimed at hobbling flows of Russian crude—has broadened efforts to sidestep the curbs by restoring sales to distant markets, including Brazil.

1 min  |

October 08, 2025

Mint Chennai

No risk from algo trades, says Sebi ED

India’s market regulator does not see risks in retail investors using algorithmic trading under the new ‘safer’ framework, said Manoj Kumar, executive director, the Securities and Exchange Board of India (Sebi).

1 min  |

October 08, 2025

Mint Chennai

Al's antitrust risks call for a firm CCI response

India’s competition regulator has released a report on how AI could warp markets unfairly. It also exhorts businesses to regulate themselves. But what we need is action, not just advice

2 min  |

October 08, 2025

Mint Chennai

The rupee's new depths against the US dollar: What's going on?

India’s fundamentals are fine and it is mostly external factors that have weakened its currency

4 min  |

October 08, 2025

Mint Chennai

LG Electronics IPO fully subscribed

LG Electronics India's $1.3 billion initial public offering (IPO) was fully subscribed on the first day of bidding on Tuesday, underscoring investor optimism about the country’s second-largest appliance maker.

1 min  |

October 08, 2025

Mint Chennai

HC upholds SBI's fraud tag on Anil Ambani, RCom accounts

The Bombay High Court while upholding an order of the State Bank of India (SBI) classifying the accounts of industrialist Anil Ambani and Reliance Communications as fraud has said it was a reasoned order, and did not have any legal flaw.

1 min  |

October 08, 2025

Mint Chennai

Home-cooked meal costs decline in Sep

The cost of both vegetarian and non-vegetarian meals, or thalis, declined year-on-year in September, offering some relief to households.

1 min  |

October 08, 2025
Mint Chennai

Mint Chennai

GIFT City joins global financial hubs

Union finance minister Nirmala Sitharaman launched the foreign currency settlement system on Tuesday at Gujarat International Finance Tec-City (GIFT City), marking a major step towards enhancing India’s standing as a global financial hub.

2 min  |

October 08, 2025