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Mint New Delhi

Will NRI child's bank interest be clubbed?

My minor son moved to the US last year for studies. I had gifted him money, which was credited to his US bank account, where I'm recorded as the custodian. This year, a portion of the unused fund was placed in a short-term deposit in the US, of which some were repatriated to his NRE account in India. Will the interest income from both these accounts be clubbed with my income?

1 min  |

July 29, 2025

Mint New Delhi

Samsung to Make AI Chips for Tesla in US

$16.5 bn deal a win for Korean co's underperforming foundry division

1 min  |

July 29, 2025

Mint New Delhi

LIC Turns to Wall Street Banks for Hedging Risks

Life Insurance Corp. of India (LIC) is working with some of Wall Street's largest banks to hedge its liabilities, according to people familiar with the matter.

1 min  |

July 29, 2025

Mint New Delhi

Heineken Reports Lower Beer Sales

Heineken NV saw a decline in beer volumes, as retailer disputes across Europe dragged on sales and limited its ability to take advantage of the summer heat wave.

1 min  |

July 29, 2025

Mint New Delhi

Wipro Infra sets up new biz division

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Monday announced the launch of a new business division dedicated to manufacturing high-performance base materials for printed circuit boards (PCBs).

1 min  |

July 29, 2025

Mint New Delhi

AI 'slop' suits YouTube's aims, but what about the rest of us?

AI-generated video clips could crowd out human-made content

3 min  |

July 29, 2025

Mint New Delhi

Freelancing for overseas clients? Don't slip up on FA and FSI rules

If you earn via contracts, content creation, YouTube or X, you should fully report the income in your tax return

5 min  |

July 29, 2025

Mint New Delhi

Hopes of rate cuts in Finmin report

With price pressures easing and growth remaining a priority, RBI has cut policy rates 3 times in 2025

2 min  |

July 29, 2025

Mint New Delhi

JSW Steel's review plea in SC today

The Supreme Court will hear JSW Steel Ltd's review petition today, challenging its 2 May judgment that quashed the company's ₹19,350-crore acquisition of Bhushan Power & Steel Ltd (BPSL) and ordered the firm's liquidation.

1 min  |

July 29, 2025

Mint New Delhi

Data Biz Lifts Space Startups

Offering data analytics to clients across sectors is turning into a viable revenue stream for private space firms

2 min  |

July 29, 2025

Mint New Delhi

Chief Executives Trumpet Smaller Workforces as a Sign of Corporate Health

Big companies are getting smaller—and their CEOs want everyone to know it.

4 min  |

July 29, 2025

Mint New Delhi

BSNL pins hopes on 4G rollout, subscriber gain to boost growth

Bharat Sanchar Nigam Ltd (BSNL) aims to boost its revenue by 20-30% in the current financial year, Union minister of state for communications Chandra Sekhar Pemmasani said on Monday, even as he reiterated that Elon Musk's Starlink won't be a threat to domestic telecom operators as it can provide only 2 million connections in India due to its limited capacity to serve the market.

1 min  |

July 29, 2025

Mint New Delhi

Govt seeks data to assess scrapping lag

The Union ministry of road transport and highways has sought data from Society of Indian Automobile Manufacturers (Siam) to understand why the vehicle-scrapping facilities are not getting adequate footfalls, said two people in the know.

2 min  |

July 29, 2025

Mint New Delhi

Is Dubai Chocolate the Next Pumpkin Spice?

At Crumbl's Utah headquarters, employees are working on a new dessert with a chocolate and pistachio flavor that has set the internet on fire.

4 min  |

July 28, 2025

Mint New Delhi

Ozzy is gone, but heavy metal lives on, stronger than ever

So far this year, hard-rock streaming has been up more than 12% in the U.S., according to Luminate

4 min  |

July 28, 2025

Mint New Delhi

Lodha plans ₹17k cr housing launch

Realty firm Lodha Developers Ltd remains bullish on growth potential in housing market as it plans to launch ₹17,000 crore worth residential projects by March next to meet consumers’ demand.

1 min  |

July 28, 2025

Mint New Delhi

Thailand and Cambodia to Hold Peace Talks

Trump Has Threatened Both Nations With Eye-Watering Levies Unless They Agree to Independent Trade Deals

2 min  |

July 28, 2025

Mint New Delhi

India to Achieve Over 6.5% Growth in FY26

RBI MPC member Nagesh Kumar said India, among all economies, continues to remain a bright spot for the world

1 min  |

July 28, 2025

Mint New Delhi

When a studio becomes a 'living collaborator'

Delhi-based interior designer Raseel Gujral Ansal on her evolving workspace

2 min  |

July 28, 2025

Mint New Delhi

Govt amends law to curb film piracy

In a bid to curb digital piracy, the government has amended laws to include jail term and strict fines of up to 5% of the production cost for those involved in illegal recording and transmission of films.

1 min  |

July 28, 2025

Mint New Delhi

Coforge edges past Mphasis to be seventh-largest IT firm

Coforge jumps three spots in less than a year, reports $442 mn in revenue in June quarter

2 min  |

July 28, 2025

Mint New Delhi

KKR-backed Leap India Appoints Four Bankers for IPO

According to Tracxn, Leap India has raised a total of $214.47 million in equity funding since its inception in 2013

1 min  |

July 28, 2025

Mint New Delhi

Kenro looks to buy up to $40 mn stake in Pine Labs

Kenro Capital, which specializes in purchasing stakes from existing investors, is evaluating a $30-40 million investment in Pine Labs as the fintech giant's early backers look to exit in part or in full ahead of its listing later this year, two people familiar with the matter.

1 min  |

July 28, 2025

Mint New Delhi

Siam to Reassess Emission Rules Amid Maruti's Protests

Cafe norms place a cap on the average CO2 emissions of a carmaker's entire fleet

2 min  |

July 28, 2025

Mint New Delhi

India Eyeing Centre-State Tango for FDI in Key Sectors

The plan is to strengthen the country's overall manufacturing and supply chain ecosystem

2 min  |

July 28, 2025

Mint New Delhi

Raanjhanaa's AI reboot reignites copyright debate

The rise of artificial intelligence (AI) is reshaping the movie business, enabling filmmakers to redesign the plots and twists in old hits, transcending human imagination, but also raising uncomfortable questions around the artistic integrity and potentially fueling legal battles.

1 min  |

July 28, 2025

Mint New Delhi

Luxury Houses Need to Grasp India's Domestic Sensibilities

Prada learnt a lesson about India from its Kolhapuris faux pas

3 min  |

July 28, 2025

Mint New Delhi

As North Koreans Shun State Propaganda, Kim Tries a Flashier TV Show

The goal, analysts say, is to manage people's expectations and rally them to face the country's hardships

3 min  |

July 28, 2025

Mint New Delhi

India, UK Set Up Panel to Resolve Barriers in New FTA

First meeting of the subcommittee is expected within a year of the FTA coming into force

2 min  |

July 28, 2025

Mint New Delhi

New wave of curiosity about space among children: PM Modi

Hailing astronaut Shubhanshu Shukla's return from ISS, Prime Minister Narendra Modi on Sunday said a new wave of curiosity about space among children has awakened and noted that today more than 200 start-ups have come up in the space sector alone.

1 min  |

July 28, 2025