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Mint Mumbai

Mint Mumbai

Retail powers workforce surge at Reliance

Reliance Industries, one of India's top private sector employers, saw its consolidated workforce rebound in FY25 following a sharp correction in FY24 led by retail.

2 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Trump Floats Meeting with Putin to Discuss Ending Russia-Ukraine War

Russia Has Been Defiant in Its Response to Trump's Warnings, Saying It Won't Be Swayed by Ultimatums

4 min  |

August 08, 2025

Mint Mumbai

Bajaj Auto skids in Q1; bets on exports, festive demand

Rough ride

1 min  |

August 08, 2025

Mint Mumbai

Mittal-led entity to offload Airtel shares worth $1 bn

Indian Continent Investment Ltd, a promoter group entity of Bharti Airtel Ltd, will sell about 50 million shares, or 0.8% of its stake worth $1.06 billion, according to a term sheet accessed by Mint on Thursday.

1 min  |

August 08, 2025

Mint Mumbai

Recent southern films fall out of favour in Hindi-speaking belt

Dubbed versions of southern films, especially those in Tamil and Telugu, appear to be losing their fizz in the Hindi-speaking belt.

2 min  |

August 08, 2025

Mint Mumbai

Gold at a record high of ₹1.02 lakh on tariff jitters

Gold prices rallied ₹3,600 to hit a record high of ₹1,02,620 per 10 gm in the national capital on Thursday as investors turned to safe-haven assets after the US administration announced a 25% additional tariff on Indian imports.

1 min  |

August 08, 2025

Mint Mumbai

S&W flags non-disclosures by Embassy Reit, We Work India

The allegations made on 22 July stem from a ₹100 crore payment dispute over a solar project involving EEPL

2 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Adani group to build biggest coal plant

Billionaire Gautam Adani's group will build and operate a $3 billion coal-fired power plant in Bihar with a 2.4 GW capacity, it said on Thursday, the biggest coal plant constructed in India via private investment in a decade.

1 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Lack of trained talent stalls India's private space efforts

Only 8,000, or 0.5% of India's 1.5 million engineering grads last year specialized in aerospace

2 min  |

August 08, 2025

Mint Mumbai

BOE Cuts Rates to 2-Year Low After Historic Re-vote

It was the first time in the panel's 28-year history that two rounds of voting were needed for an outcome on rates

2 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Centre plans GST nudge for small traders

India's indirect tax administration plans a gentle approach to pull more retail traders and vendors into the goods and services tax (GST) net, unlike Karnataka and Tamil Nadu's direct efforts that resulted in a backlash, two officials said.

2 min  |

August 08, 2025

Mint Mumbai

TCS raises pay for 4 in 5, job fear lingers

Tata Consultancy Services Ltd (TCS) announced salary hikes for 80% of its employees starting September 2025, offering some relief after it announced layoffs late last month.

1 min  |

August 08, 2025

Mint Mumbai

Rupee rises 87.58 against US dollar

The rupee extended recovery for the second straight session and settled 14 paise higher at 87.58 against the US dollar on Thursday, backed by a weaker American currency amid volatile global sentiment following US' move to raise duty on Indian goods up to 50% as penalty for buying Russian oil.

1 min  |

August 08, 2025

Mint Mumbai

5G Behind R-Jio's ₹1.13 Tn Govt Dues

In the 2022 spectrum auction, Jio had purchased the most 5G spectrum on sale

1 min  |

August 08, 2025

Mint Mumbai

India's Rural Jobs Scheme Is More Relevant Today Than It May Seem

It alleviates poverty but also has compound effects that can help revive demand in our hour of need

3 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

SoftBank swings to profit after Masayoshi Son's AI bets pay off

As part of its multi-pronged push into AI, SoftBank is slated to invest as much as $30 billion in OpenAI

3 min  |

August 08, 2025

Mint Mumbai

SAT relief to Warsi in Sadhna case

The Securities Appellate Tribunal (SAT) has stayed the markets regulator's disgorgement and debarment order against Bollywood actor Arshad Warsi in the Sadhna Broadcast Ltd (SBL) stock manipulation case, pending the outcome of his appeal.

1 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Wegovy, Mounjaro sales double in July

Sales of Danish drugmaker Novo Nordisk's Wegovy and US rival Eli Lilly's Mounjaro in India doubled in July from a month earlier, data from research firm Pharmarack showed on Thursday.

1 min  |

August 08, 2025

Mint Mumbai

Airtel cloud may not rain gains

Strong bandwidth Bharti Airtel's mobility free cash flow jumps q-o-q in Q1FY26 as capital expenditure intensity subsided.

2 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Moon race II: Squash the risk of a lunar meltdown

The US plans a nuclear reactor on the moon. This may enable another leap for humankind but the lunar imprint of this project must not end up as a space-age memorial to human folly

2 min  |

August 08, 2025

Mint Mumbai

Fresh US Tariffs Could Further Slow Down India's Growth

India's economic growth in 2025-26 could be hit by another 20-30 basis points if US President Donald Trump's proposed additional 25% tariff hike on Indian goods takes effect later this month, economists cautioned.

1 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Apple's India iPhone exports to US may not face Trump's tariffs

The US will extend tariff exemptions to companies that commit to manufacturing in America, President Donald Trump said during a White House function with Apple chief executive Tim Cook on Wednesday, a decision that could bring major reprieve for India.

1 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Russia and India Talk Up 'Strategic Partnership'

Russia and India stressed their commitment to a \"strategic partnership\" in bilateral security talks in Moscow on Thursday, a day after US President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil.

1 min  |

August 08, 2025
Mint Mumbai

Mint Mumbai

Nuclear sub moves should not be announced on social media

These are heavily armed vessels whose real positions are top secret

3 min  |

August 08, 2025

Mint Mumbai

Trump tariff-hit exporters seek sops, eye survival plans

India's top export industries to the US, including gems and jewellery, and apparel, are bracing for a prolonged downturn after US President Donald Trump on Wednesday announced a steep 50% import tariff, effective 28 August.

2 min  |

August 08, 2025

Mint Mumbai

Bajaj Electricals Q1 Profit Plunges

Bajaj Electricals reported a 96.8% slump in first-quarter profit on Thursday, hurt by lower demand for its home appliances and a one-off expense.

1 min  |

August 08, 2025

Mint Mumbai

Indian Scientists Developing Tech to Check Freak Weather

Lab-testing on for cloud seeding and suppressing technology that can be deployed at scale

2 min  |

August 08, 2025

Mint Mumbai

LIC Reports 5% Rise in Q1 Profit, VNB Up 21%

Life Insurance Corporation of India reported a 5% rise in first-quarter profit on Thursday, helped by higher premiums from renewed policies, while its margins expanded due to an improvement in its product mix.

1 min  |

August 08, 2025

Mint Mumbai

Restoration clause: back-up that may not always kick in

The benefit is available once a year, but not for the same illness or person in a health policy

3 min  |

August 08, 2025

Mint Mumbai

How AU SFB Founder Sanjay Agarwal Passed RBI Muster

The CA from Jaipur ticked all the right boxes in clearing an excruciating RBI vetting process

3 min  |

August 08, 2025