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Mint Mumbai

Mint Mumbai

Peace in West Asia, relief for the world

War draws to a close as US, Iran agree to sign deal on Friday

4 min  |

June 16, 2026

Mint Mumbai

Vedanta split sparks value hunt

Vedanta's long-awaited demerger finally culminated. Nearly three years after the company's demerger announcement, four new entitiesaluminium, oil & gas, power, and iron & steel-made their stock market debut on Monday.

2 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Hybrids hit speed bump on tax tweaks

India’s hybrid car market is losing momentum as electric vehicles (EVs) pull ahead due to rising demand amid the West Asia war-induced fuel concerns and loss of its tax advantage over the fossil fuel variants eroding its appeal.

4 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

India to anchor Verlinvest's Asia strategy

Global private equity firm Verlinvest is sharpening its focus on India, expanding deal sizes and moving further down the capital stack as it concentrates more of its Asia strategy on the country and doubles down on consumer-facing businesses in its fastest-growing market.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Oil executives are sounding the alarm over dwindling stockpiles

Even if Strait of Hormuz soon reopens, U.S. would likely need months to replenish inventories.

4 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Arun Misra to be Vedanta group CEO; four firms list

Hindustan Zinc chief executive officer Arun Misra is set to become group chief executive officer (CEO) of Vedanta Ltd within the next two months, according to people familiar with the matter.

3 min  |

June 16, 2026

Mint Mumbai

Madhusudan Kela buys ₹120 cr flat

Veteran investor Madhusudan Kela has bought a 6,233 sq. ft flat in top real estate firm DLF Ltd’s super-luxury project The Dahlias in Gurugram for ₹120 crore.

1 min  |

June 16, 2026

Mint Mumbai

India-US trade talks to resume next week

The United States Trade Representative (USTR) Jamieson Greer could focus on giving “final touches” to the proposed India-US Bilateral Trade Agreement (BTA) during his upcoming India visit, said commerce secretary Rajesh Agrawal on Monday.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Copyright disputes get more complex as music goes global

With audiences now enjoying instant access to international music catalogues, allegations of cross-border plagiarism are becoming increasingly common.

2 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Reits, InvITs to hit ₹20 tn AUM by 2030

The real estate and infrastructure investment trusts are poised to double their assets under management to over ₹20 trillion by 2030, as domestic institutions tap only a fraction of their allowed exposure to the asset class, according to a report by Avendus Capital.

1 min  |

June 16, 2026

Mint Mumbai

Global insurance prices may cool on US-Iran peace deal

The US-Iran deal to end the war in West Asia is likely to lead to some immediate correction in insurance pricing as supply chain pressures ease and aviation picks up, industry experts said.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Coders were tech's MVPs. Now they're fighting to stay in the game.

After Christopher Pack earned a master’s degree in computer science in 2022, he immediately landed a software job in California’s Bay Area. Hiring was booming. His tech degree felt foolproof.

3 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Sebi board to speed up AIF launches, revive buybacks

Regulator may clear GARUDA norms to cut AIF scheme launch timelines to 10 working days

3 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Anthropic dispatches staff to D.C., racing to resolve AI export curbs

Anthropic is racing to resolve its latest conflict with the Trump administration, meeting with officials and dispatching top technical staff to Washington over the weekend in pursuit of a deal to end export restrictions on its most powerful artificial-intelligence models.

4 min  |

June 16, 2026

Mint Mumbai

How India responds to the rise of AI will shape its middle class

The impact of AI demands a strategic response to secure our agency over labour market outcomes

3 min  |

June 16, 2026

Mint Mumbai

InMobi turns to AI to fuel ad business ahead of its IPO

InMobi is building a new generation of advertising products designed for an Internet increasingly shaped by artificial intelligence (AI), as the Bengaluru-based adtech firm looks to position itself for the next phase of growth ahead of a planned public listing.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Oil surge pushes wholesale inflation up to 9.68% in May

The provisional estimate is the first under the new series, with 2022-23 as the base year

2 min  |

June 16, 2026

Mint Mumbai

Centre to sell 5% GIC stake via OFS

The government aims to raise about ₹23,090 crore by selling up to a 5% stake in General Insurance Corp. of India (GIC Re), to meet the market regulator's minimum public shareholding requirements.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Markets surge as US-Iran truce calms geopolitical jitters

A wave of optimism swept through global markets on reports that the US and Iran had agreed on a deal to end the war, with the agreement expected to be signed in Switzerland on Friday.

2 min  |

June 16, 2026

Mint Mumbai

May gold imports up 34% to $3.41 bn

India’s gold imports rose by 34% year-on-year to $3.41 billion in May, driven by high prices of the precious metal, while silver imports dipped 86.65% to $75.57 million during the month, according to the commerce ministry data.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Tariff shock, supply turmoil hit Indian economy, businesses: Sitharaman

Finance minister Nirmala Sitharaman on Monday said India faces the same challenges confronting businesses, with tariffs, commodity price volatility, supply-chain disruptions and weather-related risks capable of affecting the economy despite strong fundamentals.

1 min  |

June 16, 2026

Mint Mumbai

Adani, Jabil to build AI data centre ecosystem

Adani Group and Jabil Inc. on Monday announced a strategic alliance to build a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting large-scale production of hardware for domestic and global markets.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

SpaceX may have set the stage for Jio Platforms' public issue

Even tech-adjacent businesses are likely to attract investor funds

3 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Truce may make life easier for India's MPC, just a tad

The decision by the US and Iran to halt the war is likely to give the six-member panel that sets India’s interest rates some breathing room, easing concerns over oil-led inflation that had clouded its outlook.

1 min  |

June 16, 2026

Mint Mumbai

Apr current account surplus at $4.7 bn: RBI

India recorded a current account surplus of $4.7 billion in April as against a deficit of $4.8 billion in the year-ago month, on the back of higher services exports and net transfer receipts, according to Reserve Bank of India (RBI) data released on Monday.

1 min  |

June 16, 2026

Mint Mumbai

Drools parent said to plan IPO, seeks pitches from banks

IB Group, an Indian agribusiness company focused on poultry and livestock and owns Drools Pet Food Pvt Ltd, has held meetings with investment banks for a proposed initial public offering (IPO), according to three people familiar with the matter.

1 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Kevin Warsh wants the Fed to stop explaining everything

For decades, the U.S. central bank believed talking openly made its policy work better. Its new chairman believes the opposite

9 min  |

June 16, 2026

Mint Mumbai

US-Iran peace will unclog petrochemical supply lines

Over the past three months, India has used most refinery products to produce cooking gas

2 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

Airtel opposes Jio's plan to use 5G band for Wi-Fi services

Nearly four years after telecom operators spent ₹15,000 crore acquiring 26GHz spectrum for 5G services, a dispute has emerged over whether the band can be repurposed for Wi-Fi-based broadband.

2 min  |

June 16, 2026
Mint Mumbai

Mint Mumbai

FAO flags El Nino risk to India's crops, monsoon

UN body said the weather phenomenon raises risks for agri-dependent livelihoods

1 min  |

June 16, 2026

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