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Mint Kolkata

Jio BlackRock Gets Nod for India MF Biz

Billionaire Mukesh Ambani-led Reliance Group and US-based BlackRock have received approval from India's markets regulator to start operations for their mutual fund business, the Indian company said on Tuesday.

1 min  |

May 28, 2025

Mint Kolkata

Govt Approves Stealth Fighter Programme

Defence minister Rajnath Singh has approved a framework for building the country's most advanced stealth fighter jet, the defence ministry said on Tuesday, amid a new arms race with Pakistan weeks after a military conflict between the neighbours.

1 min  |

May 28, 2025

Mint Kolkata

LIC Q4 profit rises on lower staff costs

Life Insurance Corporation of India, the country's biggest insurer, reported a 38% rise in fourth-quarter profit on Tuesday, helped by lower employee-related expenses.

1 min  |

May 28, 2025

Mint Kolkata

US Embassy in India cautions students on skipping classes

The warning comes when the Trump admin is embroiled in a battle with Harvard

1 min  |

May 28, 2025

Mint Kolkata

Fintech Firms Enabling Secure, Inclusive Services for MSMEs: FM

Finance Minister Nirmala Sitharaman on Tuesday said innovations by fintech companies have enabled seamless, secure and inclusive financial services for merchants and MSMEs.

1 min  |

May 28, 2025

Mint Kolkata

HDFC unit nears nod for $1.5 bn IPO

DB Financial Services Ltd. is close to securing the go-ahead from India's securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country's biggest listings this year.

1 min  |

May 28, 2025

Mint Kolkata

Yes Bank-SMBC Deal May Push FDI in Banks

A successful deal with SMBC would allow partial exit for SBI, other banks

2 min  |

May 28, 2025

Mint Kolkata

Next-gen telecom tech to get R&D boost under new policy

Govt is targeting spends of ₹1,000 crore per year to support research in new technologies

2 min  |

May 28, 2025

Mint Kolkata

Mankind Pharma to expand gastro, derma presence: MD

Mankind Pharma is focused on expanding its presence in the gastrointestinal and dermatology segments this year, as it looks at expanding its presence in the chronic segments, managing director Rajeev Juneja told Mint.

2 min  |

May 28, 2025

Mint Kolkata

Dunzo gets relief in insolvency case

The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd.

1 min  |

May 28, 2025

Mint Kolkata

UBS flags India's high-risk premium despite upgrade

A stronger case to invest in India will likely emerge when corporate earnings pick up, manufacturing gains traction

2 min  |

May 28, 2025

Mint Kolkata

Japan Loses Top Creditor Status

Japan lost its position as the world's largest creditor nation for the first time in 34 years, despite posting a record amount of overseas assets.

1 min  |

May 28, 2025

Mint Kolkata

The Trump shock: Policymakers can track it by this 4-D formula

How matters move in terms of diversification, defence, debt and the dollar could guide our policy

3 min  |

May 28, 2025

Mint Kolkata

Bhushan liquidation put on hold till August

The National Company Law Tribunal (NCLT) on Tuesday deferred liquidation proceedings for Bhushan Power and Steel Ltd (BPSL) till August, following a 26 May Supreme Court order directing status quo in the matter.

1 min  |

May 28, 2025

Mint Kolkata

Gangwal sells stake in IndiGo for $1.35 billion

IndiGo co-founder and promoter Rakesh Gangwal sold shares worth $1.35 billion in the airline through a block deal on Tuesday, according to a term sheet accessed by Mint.

1 min  |

May 28, 2025

Mint Kolkata

FDI inflows up 13% to $50 bn in 2024-25; decline 24.5% in Q4

Foreign direct investment (FDI) in India fell 24.5% year-on-year to $9.34 billion in the January-March quarter of 2024-25 but grew 13% at $50 billion during the entire previous financial year, according to government data released on Tuesday.

1 min  |

May 28, 2025

Mint Kolkata

Duty, tax remissions scheme returns for select exporters

The decision is part of a broader effort to ensure a level playing field for all exporters

2 min  |

May 28, 2025

Mint Kolkata

Energy security: We need not be staring at a $1 trillion import bill

India needs to move quickly to eliminate hurdles in the way of reducing its growing dependence on oil and gas shipments

4 min  |

May 28, 2025

Mint Kolkata

China calls on Asean, Gulf to form 'big market'

Chinese Premier Li Qiang rallied a group of Southeast Asian and Gulf states to deepen cooperation, as the Asian nation ramps up its charm offensive abroad to counter US efforts to isolate the economy.

1 min  |

May 28, 2025

Mint Kolkata

BEFORE YOU ACT: QUESTIONS YOU MUST CONSIDER TO CURB EMOTIONAL INVESTING

Think through regulation, risk, suitability and liquidity before taking informed decisions

3 min  |

May 28, 2025

Mint Kolkata

India Poised for Growth Amid Global Uncertainty

Despite global turbulence, India's economy remains resilient and a prime investment destination, with structural reforms and skill-driven policies poised to boost investor confidence, drive sustained growth, and enhance medium-term prospects, the finance ministry said in its April economic review released on Tuesday.

1 min  |

May 28, 2025

Mint Kolkata

US Tariff Threat Forces Ceat to Relocate Lanka Tyre Unit

Proposed tariffs on Sri Lanka pushes the firm to shift tyre production to India to protect deal

2 min  |

May 28, 2025

Mint Kolkata

BAT Mulls Reducing Its Stake in ITC

British American Tobacco said on Tuesday it is considering further reducing its stake in Indian consumer goods company ITC in a potential on-market sale.

1 min  |

May 28, 2025

Mint Kolkata

China Turns to Consumers to Boost Growth, But Households Are Wary

Household nominal consumption in Q1 grew 5.2% year over year, compared with 4.5% in Q4

4 min  |

May 28, 2025

Mint Kolkata

CaratLane slows expansion, to open 40 stores this year

The retailer's total income increased 23% year-on-year to ₹883 crore in the March quarter

1 min  |

May 28, 2025

Mint Kolkata

Should everyone be taking Ozempic? Doctors say more could benefit

Should Ozempic be added to the water supply? That is the kind of half-joking question that doctors kick around when a new class of drugs begins to help a big chunk of the population.

4 min  |

May 27, 2025

Mint Kolkata

RBI's policy review: Why this time is actually different

Unlike in the past, arguments in favour of and against a policy rate cut this June are finely balanced

4 min  |

May 27, 2025

Mint Kolkata

India eyeing easier market access in the US for fruit, veg

India continues to face hurdles stemming from pest-risk concerns and strict inspections

2 min  |

May 27, 2025

Mint Kolkata

Xi Jinping's Plan to Beat America at AI

On May 15 Trump brokered an AI deal with UAE he said would ensure US \"dominance in AI\"

5 min  |

May 27, 2025

Mint Kolkata

With new missile system, U.S. to keep Chinese navy guessing

The Air Force C-130 transport plane dipped down on the sun-baked airfield of this remote island in the northern Philippines, delivering a weapon system designed to give the U.S. an edge in the intensifying superpower standoff in the Pacific.

3 min  |

May 27, 2025