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Mint Mumbai

RBI must not become a fiscal stabilizer for the Centre

India’s central bank has quietly become a key pillar of macroeconomic stability. It is not just a monetary authority, but increasingly playing a role as a fiscal shock absorber.

3 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Policymakers must aim to shield the vulnerable

Rising inflation and the Prime Minister's warning on the risk of people being pushed back into poverty call for deliberation. Fiscal and monetary policy will have to work in tandem

2 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Capital gains tax cut for FPIs not on govt agenda

India is not considering a cut in capital gains tax on foreign portfolio investors (FPIs) in the country at this point in time as a measure to stem capital outflows from the country, a top government official aware of the matter said.

2 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

TCS asks managers to classify 5% staff as underperformers

A month after completing its biggest retrenchment exercise, Tata Consultancy Services Ltd (TCS) asked managers to classify roughly 5% of employees in the company’s lowest performance band during the latest appraisal cycle, according to an internal email reviewed by Mint and confirmed by an executive.

3 min  |

May 19, 2026

Mint Mumbai

Rupee trajectory: it'll depend on how long the West Asia war lasts

Moves to attract capital could reverse the downward pressure exerted by outflows on the currency

3 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

CRUEL SUMMER: PROFIT SLUMP FOR CORPORATE INDIA

The Iran war's economic shock is eroding margins at India Inc. each passing day. Be ready for dented Q1 FY27 results.

7 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Rural rebound runs into cost, rain risks

After strong Q4 show, fears over oil, monsoon cloud outlook

3 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Vi draws up ₹1 tn cash strategy amid dues, capex push

Telecom operator Vodafone Idea Ltd on Monday laid out an ambitious financial roadmap to generate and secure over ₹1.08 trillion in cash over the next three years, betting on a sharp rise in operating earnings, possible bank debt funding, income tax-related recoveries and promoter support to fund its turnaround.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Apple is making hit products and high profits from imperfect chips

The $599 Neo laptop is among dozens of Apple devices using lower-performing processors

4 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Oman FTA may commence in June as India eyes $1 tn export this fiscal

India’s proposed free trade agreement (FTA) with Oman is likely to come into force from 1 June, commerce and industry minister Piyush Goyal said on Monday, as the government sharpens its export-led growth push while strengthening domestic manufacturing to reduce import reliance amid global trade uncertainties.

2 min  |

May 19, 2026

Mint Mumbai

TVS Motor to buy 4.9% in Jana SFB for ₹193.32 crore

TVS Motor Co. Ltd on Monday said it will acquire a 4.9% stake in Jana Small Finance Bank (SFB) Ltd for ₹193.32 crore.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Can Ford play catch-up? It has taken a new path to go electric

Its energy business could help keep its electric vehicle options open

3 min  |

May 19, 2026

Mint Mumbai

Govt mulls increase in edible oil import duty

India is considering a request by the domestic vegetable oil industry to raise import duties, potentially increasing taxes on another major commodity just after a hike in gold tariffs.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Bain closes sixth Asia fund with corpus of $10.5 bn

Bain Capital has closed its sixth Asia fund with a corpus of $10.5 billion, exceeding its original target of $7 billion, to invest in buyout opportunities across sectors, the global private equity firm said in a statement on Monday.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

L Catterton said to be in talks for stake in Nandhana Palace

Consumer-focused private equity firm L Catterton, among others, is in talks to acquire a stake in Bengaluru-based restaurant chain Nandhana Palace, three people familiar with the matter said.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Finance ministry asks banks, insurers to cut cost, use EVs

The Union finance ministry, on Monday, directed all public sector banks, insurance companies, and financial institutions to implement austerity measures including switching to electric vehicles (EVs), curtailing foreign travel and shifting to video conferencing for meetings, as the government moves to reduce expenditure and protect the country’s financial system from economic instability due to the West Asia war.

1 min  |

May 19, 2026

Mint Mumbai

Kalshi, Polymarket defy ban in India

Polymarket and Kalshi Inc. have been allowing customers in India to sign up and trade on their prediction markets even after the country’s technology ministry warned that the platforms are illegal.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Olive Garden makes India debut through Bharti-led Gourmet

Bharti Family Office-backed Gourmet Investments Hospitality Group (GIHG) is betting that India’s affluent consumers are willing to spend more on premium casual dining, as it brings American-Italian chain Olive Garden to the country.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Tata Steel to take solo trip to capacity expansion in India

Company to buy out existing joint venture partners wherever possible to merge operations

3 min  |

May 19, 2026

Mint Mumbai

Sanctions don't work

America has reportedly extended the waiver of its sanctions on purchases of Russian crude oil by another 30 days, just days after it expired.

1 min  |

May 19, 2026

Mint Mumbai

NTPC backs local nuclear reactor tech

NTPC Ltd, India’s largest power producer, said it would favour domestic reactor technology for its nuclear portfolio, and cautioned against over-dependence on a single innovation or source in order to fend off risks to supply chains.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Pakistan hands US revised Iran proposal for ending war

No details of proposal even as a fragile ceasefire holds after six weeks of the war

1 min  |

May 19, 2026

Mint Mumbai

Hearzap to acquire Amplifon India

Hearing care provider Hearzap on Monday said it will acquire Amplifon India for an undisclosed sum as part of its expansion across the country.

1 min  |

May 19, 2026

Mint Mumbai

Apollo Tyres' strong quarter may not mark a turning point

Apollo Tyres shares touched a 52-week low of ₹374 on the NSE on Monday, down 2.5% so far in 2026. The sell-off came even though it reported better-than-expected profitability in its March quarter (Q4FY26) results on 14 May.

1 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Office Reits eye AI-resilient, GCC-led tenant portfolios

Reits seek to expand through acquiring premium assets and raising occupancy in FY27

2 min  |

May 19, 2026

Mint Mumbai

Why your insurance agent choice is as crucial as picking the best policy

A good agent fills out proposal form with care, knowing that a poorly done form can lead to claim rejections

5 min  |

May 19, 2026

Mint Mumbai

Rupee ends at new low of 96.20 a dollar

The Indian rupee weakened further and closed at a record low of 96.20 against the US dollar on Monday, pressured by rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar.

1 min  |

May 19, 2026

Mint Mumbai

Tata Steel gains face Dutch heat

Shares of Tata Steel fell 3% on Monday despite a robust March-quarter performance as concerns mounted over possible closure of its coke and gas plants (CGPs) in the Netherlands due to emission norm breaches.

2 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

As AQI worsens, can salt therapy help your lungs?

Halotherapy is gaining popularity as a non-invasive solution to respiratory woes across cities in India

4 min  |

May 19, 2026
Mint Mumbai

Mint Mumbai

Fuel price hike fuels inflation pressure across sectors

Airlines are likely to be among the most affected sectors, as ATF costs rise with crude prices

2 min  |

May 19, 2026