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Mint Mumbai

BYD bursts into top 5 of India's EV firms

In the back of an almost 80% surge in sales this year so far, Chinese carmaker BYD has jumped to the fifth spot in India's electric vehicle (EV) pecking order and is revving for more.

2 min  |

December 02, 2025

Mint Mumbai

Mandatory govt app on phones may spur industry pushback

A push by the Centre to phone-based curb scams by mandating a government app on every smartphone in circulation is likely to be opposed by the world's largest handset makers including Apple, Google, Samsung and even industry bodies, according to multiple executives Mint spoke with.

3 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

India's CAD moderates in Q2

India’s current account deficit (CAD) moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday.

1 min  |

December 02, 2025

Mint Mumbai

GST reset riddle

India’s latest data on goods and services tax (GST) collections was keenly awaited as a signal of the impact of midyear rate cuts.

1 min  |

December 02, 2025

Mint Mumbai

MEGA BANK MERGER: WILL IT AMPLIFY RISK?

The government is reportedly preparing for another round of public sector bank (PSB) consolidation, five years after the last major merger exercise brought the number of state-owned lenders down to 12 from 27.

3 min  |

December 02, 2025

Mint Mumbai

Anil Ambani moves SC over fraud tag

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.

1 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

Mehli Mistry quits Ratan Tata’s Small Animal Hospital

Tata Trusts’ former trustee and late Ratan Tata’s close confidant, Mehli Mistry, has resigned from the board of his friend's cherished project, Small Animal Hospital Trust, which claims to have become India’s largest specialty hospital for pet animals.

1 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case

Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.

1 min  |

December 02, 2025

Mint Mumbai

Rupee at record low, no US deal drags

The rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on the currency as India remains the among the few major economies without a trade deal with the US.

1 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

KOCHI'S BOATS CHART A NATIONAL COURSE

India wants to modernize its ancient waterways for mass transit. Can it be a game changer?

8 min  |

December 02, 2025

Mint Mumbai

Crisil: Exports drive agrichem revenue

Buoyed by higher exports, India’s agrochemical industry is set to consolidate its revenues with a likely 6-7% growth this fiscal year, Crisil Ratings said in report on Monday.

1 min  |

December 02, 2025

Mint Mumbai

Statistics: IMF's report card need not alarm us

The Fund's criticism of India's macroeconomic estimates is best taken as a cue to further improve the country's statistical framework. Thankfully, remedial work has already begun

2 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

Airbus flags new problem on some A320s

Airbus said on Monday it has discovered an industrial quality issue affecting metal panels of a “limited” number of A320family aircraft, confirming a Reuters report, the latest challenge for the planemaker after a weekend recall of its jets.

2 min  |

December 02, 2025

Mint Mumbai

Rare-earth magnets: Why an ‘India fix’ is not enough

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.

3 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

IBC reform to skip real estate for now

The government will take up real estate-focused bankruptcy reforms separately, keeping them out of the Insolvency and Bankruptcy Code (IBC) amendments likely to be introduced in Parliament either during the winter session or in the budget session, two people aware of the matter said.

2 min  |

December 02, 2025

Mint Mumbai

Ola woes grow, bets on battery

Ola Electric Mobility Ltd had its own set of problems, and the goods and servicestax (GST) rate cut from 28% to 18% on ICE two-wheelers has only made matters worse.

2 min  |

December 02, 2025

Mint Mumbai

How to exercise safely when your city's AQI is bad

Experts caution against high intensity workouts and share practical advice

2 min  |

December 02, 2025

Mint Mumbai

What lies beneath the juicy IIT job offers

As Wall Street's top quant firms to Big Tech giants A kick off the hiring season at the Indian Institutes of Technology, salaries offered are expected to top a crore of rupees. But recruiters are not giving the graduates a free pass.

3 min  |

December 02, 2025

Mint Mumbai

Equity market fails to hold gains

India’s equity benchmarks struggled to hold onto record highs on Monday as investors worried that outflows might persist amid uncertainty over a trade deal with the US.

1 min  |

December 02, 2025

Mint Mumbai

'Banks can't rely on service providers'

As banks worldwide double down on digital transformation, Reserve Bank of India (RBI) deputy governor Swaminathan J. has cautioned lenders that they cannot simply rely on third-party service providers for outsourced solutions.

1 min  |

December 02, 2025

Mint Mumbai

Why Aakash’s fundraise is now a proxy fight over Byju’s ownership

Beset Aakash Educational Services Ltd (AESL) thought a $250-crore rights issue would be its big reset after senior exits and a swing to losses in FY23.

3 min  |

December 02, 2025

Mint Mumbai

Sri Lanka cyclone death toll at 355

Cyclone Ditwah brought the island nation’s worst floods in a decade when it struck on Friday.

1 min  |

December 02, 2025

Mint Mumbai

Switzerland votes decisively against inheritance tax

THE YOUNG Socialists, the youth wing of Switzerland’s Social Democratic Party, do not have any MPs in parliament, but they know how to make a stir.

3 min  |

December 02, 2025

Mint Mumbai

Consumption engine fires up while GST growth cools

Sales value soared in October, while tax cuts, tariffs slowed GST revenue growth

3 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

Are the animal spirits back in the economy?

Multiple sets of economic data have been released in the past few days and this includes gross domestic product (GDP) growth numbers, the state of fiscal deficit and more. Are the animal spirits back? Mint looks at the data to interpret the state of the economy:

2 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

Delhi High Court asks govt, CCI to justify Apple penalty

HC seeks explanation on why penalties are based on global turnover instead of India revenue

3 min  |

December 02, 2025

Mint Mumbai

Banking sakhis have a key role in India's financial inclusion efforts

They have taken banking services to rural regions and we now need to strengthen their network

3 min  |

December 02, 2025

Mint Mumbai

Top weapon firms' revenue up 6%

The world’s biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and military services last year as demand was fed by the wars in Ukraine and Gaza as well as countries’ rising military spending, according to a report released Monday.

1 min  |

December 02, 2025

Mint Mumbai

IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD

Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.

3 min  |

December 02, 2025
Mint Mumbai

Mint Mumbai

Realty bankruptcy reform to debut in later IBC overhaul

The IBC (Amendments) Bill, 2025—currently under review by a Lok Sabha select committee headed by BJP MP Baijayant Panda—proposes a creditor-led, largely out-of-court insolvency process for quicker corporate turnaround, faster tribunal admissions, a new framework for group and cross-border bankruptcies, and separate provisions to resolve implementation disputes.

1 min  |

December 02, 2025