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Mint Mumbai

Mint Mumbai

Reforms bills prep for monsoon date

Securities, housing laws may be tweaked in monsoon session

3 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Marengo Asia eyes ₹400 cr fundraise

Marengo Asia Healthcare, the hospital platform backed by Samara Capital and the family offices of the Havells and Godrej groups, is seeking to raise ₹400-500 crore, with LeapFrog Investments, IFC and NIIF, among others, evaluating a minority stake in the company, three people aware of the discussions said.

1 min  |

June 02, 2026

Mint Mumbai

India’s GDP growth likely slowed to 7.3% in Q4: Poll

India’s economy likely expanded 7.3% year-on-year in the January-March quarter (Q4FY26), slowing from 7.8% in the previous three months but remaining on a solid footing amid resilient domestic demand, government spending and improved agricultural activity, according to a Mint poll of 15 economists.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

HOW USURIOUS LENDING APPS SURVIVED RBI'S CRACKDOWN

Despite heavier scrutiny, the high-cost lending market has adapted rather than disappeared

9 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Indian companies eye tariff refunds after US SC ruling

Indian exporters across sectors such as tyres, tractors and apparel are scrambling to figure out how they can recover the Trump administration’s hiked tariffs on shipments to the US after its top court struck them down as illegal, paving the way for potentially significant refunds.

3 min  |

June 02, 2026

Mint Mumbai

India has reimagined coal usage for the age of net-zero targeting

The Centre's coal gasification plan offers secure energy supply without compromising climate goals

3 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

HOW HENRYS CAN TURN INCOME INTO LASTING WEALTH

HENRYs (high earners, not rich yet) may earn impressive salaries but fail to build wealth despite years of professional success.

2 min  |

June 02, 2026

Mint Mumbai

War clouds IndiGo Q1 outlook

InterGlobe Aviation's (IndiGo) March quarter (Q4FY26) performance was hit by an enormous mark-to-market forex loss of ₹4,823 crore, mainly on aircraft lease liability.

2 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Wellness built for a city that never sleeps

Entrepreneur Mira Rajput Kapoor on creating a restorative space for time-crunched, work-weary and health conscious Mumbaikaars

4 min  |

June 02, 2026

Mint Mumbai

Companies eye US tariff refunds after court ruling

India's exports to the US were taxed at 25% under the reciprocal tariff regime, which was later raised to 50% amid differences between the two countries over New Delhi's import of Russian oil. Since the US Supreme Court ruling, a flat 10% tariff has been imposed on all countries.

2 min  |

June 02, 2026

Mint Mumbai

Rising costs squeeze India Inc's Q4 margins

More firms slipped into losses in Q4 despite a broader revenue recovery

2 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

'Private deals in focus amid IPO slowdown'

Global uncertainty and a softer initial public offering (IPO) market are pushing more companies toward private market transactions, even though investors take longer to close deals amid a sharper scrutiny of valuations and earnings resilience, a senior executive at Deloitte South Asia said.

1 min  |

June 02, 2026

Mint Mumbai

Global indicators reveal a whiff of stagflation in the air

Here’s a flash. No, not a news flash, but up-to-date data called Flash PMIs or Purchasing Managers’ Indices.

3 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Reforms on securities, housing laws likely soon

The changes may further consolidate regulatory powers with RBI while clarifying NHB's developmental role.

3 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Trump wants Arab states to recognize Israel. The war has made that harder.

As President Trump worked in recent days toward a deal to end his war with Iran, he threw a curveball: Arab states as well as Pakistan and Turkey should consider it mandatory to welcome the agreement by establishing diplomatic relations with Israel under the president's Abraham Accords.

4 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Street looks past Concor's weak Q4, as bulls aren't done

Container Corporation of India Ltd (Concor) is seeing renewed interest from market participants despite a weak Q4 performance and a near 10% year-to-date decline, as analysts expect the commissioning of the Western Dedicated Freight Corridor link to Jawaharlal Nehru Port (JNPT) to accelerate a shift of cargo movement from road to rail.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

GST mop-up rises 3.2% in May

The Centre and states together collected ₹1.94 trillion in gross goods and services tax (GST) revenue before adjusting for refunds in May 2024, according to data released by the finance ministry on Monday.

1 min  |

June 02, 2026

Mint Mumbai

Centre to sell up to 6% in NHPC via OFS

The Indian will sell up to a 6% stake in NHPC Ltd via an offer for sale (OFS), an exchange filing by the hydropower company showed on Monday.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Auto industry sees good growth in May

Carmakers posted strong sales in May, with Maruti Suzuki and Kia India registering record sales, carrying forward the momentum witnessed at the beginning of the new fiscal.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Tata Digital valuation cut in latest Tata Sons investment

The effort to build an everything-app has resulted in nearly ₹17,000 cr losses over seven years

3 min  |

June 02, 2026

Mint Mumbai

Data centres power Cummins, but is it overvalued?

Cummins India's Q4FY26 earnings suggest its growth story is tied to the rise of data centres, extending beyond its traditional power-generation roots.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

India's manufacturing PMI climbs to 3-month high in May

After losing momentum in March due to the West Asia conflict, growth across India’s private sector has expanded faster since the start of the new fiscal year.

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

US bombs Iranian military sites in retaliatory strikes

US hits radar, drone sites as Iran downs a drone; Kuwait reports incoming fire from Iran

3 min  |

June 02, 2026

Mint Mumbai

Wockhardt chases commercial success after FDA nod for new drug

Wockhardt's $800-million bet on antibiotic research paid off on Saturday with the US drug regulator's approval for Zaynich, only the second homegrown new drug from India to achieve the feat, and the first without a foreign partner.

2 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Cyient's $218 mn deal brings mid-tier IT M&As into focus

Cyient will acquire AI-native engineering firm Tao Digital Solutions in its largest-ever deal

3 min  |

June 02, 2026

Mint Mumbai

At 7.3%, India's GDP growth held up in Q4: Poll

“Demand-side indicators largely held up in the March quarter, providing resilience to the growth,” said Radhika Rao, economist at DBS Bank.

1 min  |

June 02, 2026

Mint Mumbai

"Diversification is crucial: a single crisis can wipe out years of gains"

Mehra, whose global equity portfolio returned 39% in the past year, backs diversification over chasing winners

4 min  |

June 02, 2026

Mint Mumbai

India-Oman FTA kicks in; 99% exports get duty-free access

The pact, signed on 18 December, takes effect with the completion of internal procedures

2 min  |

June 02, 2026

Mint Mumbai

Relief for HDFC AMC in cyber theft case

The Bombay High Court (HC) has granted a temporary injunction against a ransomware group identifying itself as “Morpheus” from distributing or disclosing confidential data exfiltrated by it from HDFC Asset Management Co. Ltd (HDFC AMC).

1 min  |

June 02, 2026
Mint Mumbai

Mint Mumbai

Oberoi luxury flat sees ₹27.5 lakh rent

Ecrive Trading and Resorts Pvt. Ltd, in which retail chain DMart founder and chairman Radhakishan Damani is a director, has leased a luxury apartment in Mumbai's upscale Worli locality to One SGG Ventures LLP for a monthly rent of ₹27.5 lakh, in one of the most expensive residential rental transactions in recent times.

1 min  |

June 02, 2026