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Mint Bangalore

IDBI Bank Q4 net profit slips 5%

DBI Bank on Thursday reported a 5% decline in net profit to ₹1,943 crore for the March quarter of FY26.

1 min  |

May 01, 2026

Mint Bangalore

Heatwaves fuel Coal India party; renewables may cool it

State-owned miner Coal India Ltd’s (CIL) shares rose 6% over the past three days after robust Q4FY26 results, hitting a 52-week high of ₹491.25 on Thursday.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Vi gets ₹23,600 cr AGR relief, but spectrum burden stays

DoT’s revision comes after SC-ordered reassessment; spectrum dues remain at ₹1.25 trillion

2 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Govt pushes doctor fee transparency

Centre plans to mandate that doctors and specialists display their consultation fees in English and regional languages, along with their qualifications and registration numbers, according to two government officials and documents reviewed by Mint.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Subsidy sunset, road tax cast gloom over EV sales

The exit of subsidies and the entry of road taxes across key states threaten a double whammy for electric vehicle (EV) manufacturers, at a time when global energy shocks prompt many buyers to seek cleaner vehicles.

3 min  |

May 01, 2026

Mint Bangalore

Sebi clears fast track launch for AIF schemes

The Securities and Exchange Board of India (Sebi) has eased the approval process for alternative investment funds (AIFs), allowing managers to launch schemes faster and use capital more efficiently.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Eight states cap fiscal deficit at 3%; Punjab most in debt

Eight Indian states have pegged their fiscal deficit—the gap between spending and revenue receipts met via borrowings—for the ongoing financial year at 3% or below their respective gross state domestic product (GSDP), in a sign of rising budget discipline even as overall state finances remain uneven.

1 min  |

May 01, 2026

Mint Bangalore

Bagmane Reit eyes acquisitions, bets on GCC demand

Blackstone-backed Bagmane Prime Office Reit, which is set to launch its ₹3,405-crore initial public offering (IPO) next week, expects strong leasing momentum led by global capability centres (GCCs) as it looks to acquire assets and grow its portfolio, CEO Richard Hugh Andrew said.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

The curious case of RIL’s sale of subsidiary to former associate

Reliance Industries

4 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Japan could help Asia defend itself as America turns its back

Tokyo’s new arms-export policy must get its nuts and bolts in place

3 min  |

May 01, 2026

Mint Bangalore

Worker protests raise questions over industrial relations in India

Better wages and work conditions for the country's workforce would enable faster economic growth

3 min  |

May 01, 2026

Mint Bangalore

Quick weight loss sparks rush to fix ‘Ozempic face’

Weight-loss drugs are known to cause side-effects like sagging skin as fat disappears, accentuating signs of ageing.

3 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Oil hits 4-year high, rupee record low, as supply fears rise

Oil prices hit a four-year peak on Thursday, as concerns intensified over a lengthy disruption to global energy supplies.

3 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Iran vows to safeguard its nuclear capabilities

Khamenei’s remarks come as a US naval blockade is squeezing Iran’s oil industry

3 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

'FY26 FDI inflows may top $90 billion amid mfg push'

Ongoing reform measures, progress on FTAs aiding sustained FII inflows: DPIIT secretary

2 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

India to procure 62 ships for ₹51,000 cr amid West Asia war

Shipping Corp. of India and state-run oil and gas companies together aim to float tenders this financial year to procure 62 vessels for ₹51,000 crore as the ongoing West Asia crisis disrupts essential supplies, prompting the country to cut reliance on foreign carriers.

1 min  |

May 01, 2026

Mint Bangalore

Will the April sprint stumble on $126 oil, 95-plus rupee?

Equities ended the holiday-truncated week only marginally higher, as stalled talks between the US and Iran and President Donald Trump’s rejection of Tehran's proposal to remove the blockade of Hormuz pushed crude prices to a three-year high of $126 per barrel.

1 min  |

May 01, 2026

Mint Bangalore

Renault seeks NCLT nod for rejig

Renault Group India has sought approval from the National Company Law Tribunal (NCLT) for a proposed restructuring of its India operations, as it sharpens its focus on the world’s third-largest car market.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Pocket FM seeks to raise around $120 mn

Audio platform revives plan to raise capital at $1.5-2 billion valuation

2 min  |

May 01, 2026

Mint Bangalore

Federal Bank to buy StanChart card folio

Federal Bank’s board has approved the acquisition of a select portfolio of retail credit cards from Standard Chartered, the private sector lender informed the exchanges on Thursday.

1 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

India Inc's legal bill nears ₹72,000 crore in FY26

Spending rose due to shifting regulations, geopolitical risks and rising compliance demands

2 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Labour unrest in India reflects a spike in the price of cooking gas

We can turn the energy shock into an opportunity by raising the wages and thereby productivity of our industrial labour force

3 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

FREEZER-READY MANGOES, BRED BY A VIZAG FARMER

Kongara Ramesh is a man of many obsessions.

7 min  |

May 01, 2026
Mint Bangalore

Mint Bangalore

Images of a city in perpetual motion

An ongoing exhibition of Raghubir Singh's photographs from the 1970s-90s captures the changing nature of life in Mumbai

4 min  |

April 30, 2026

Mint Bangalore

Federal Bank goes slow on home loans

Federal Bank is dialling back its focus on housing loans due to intense market competition and unattractive yields, managing director and CEO K.V.S. Manian said, adding that the bank will instead prioritize lending in higher-yielding segments to drive more profitable growth.

1 min  |

April 30, 2026

Mint Bangalore

Banks prop up profits for India Inc, mask pressure in consumer, IT

Further, a 50% spike in crude oil prices in March drove raw material and service costs higher, leading to a 13% year-on-year and 20% sequential surge in overall expenses, limiting the benefit from the absence of the previous quarter’s one-off labour code adjustments.

2 min  |

April 30, 2026
Mint Bangalore

Mint Bangalore

Options data hint at limited upside after sharp recovery

After recovering nearly 7.5% between the March and April derivatives series amid the Iran war, options traders on Wednesday baked in a 758-point range for Nifty over 24,200, per exchange data.

2 min  |

April 30, 2026

Mint Bangalore

State paternalism has limits that should not be blurred

In 1604, James I of England anonymously published a small book titled A Counter-blaste to Tobacco.

3 min  |

April 30, 2026
Mint Bangalore

Mint Bangalore

NCLT's resolution gaps: SC takes suo motu cognizance

India’s top court flagged risks to creditors and the effectiveness of the bankruptcy framework

2 min  |

April 30, 2026

Mint Bangalore

Banks shine in Q4; early birds struggle

As the fourth quarter numbers of fiscal year 2026 (FY26) begin to trickle in, early trends point to headline profit resilience, largely driven by financials, particularly banks.

1 min  |

April 30, 2026