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Mint New Delhi

Mint New Delhi

Tech’s biggest bull was in despair. An artificial intelligence spree has him back on top.

Billionaire tech investor Masayoshi Son was in despair three years ago—his reputation stained by bad startup bets and his company’s stock price cut in half. He told his investors he cried.

5 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

India plays a significant role in Windows' AI era: Davuluri

Firm is also exploring opportunities across India’s vast base of small and medium businesses

3 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Monsoon hits Kerala coast three days behind schedule

Rainfall during June-September likely to be 90% of the long-period average

1 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Why India’s effort to conserve dollars looks K-shaped

For years, a tiny eatery in south Bengaluru had such a bustle of activity that it represented street theatre at its best.

3 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Trent looks beyond apparel to focus on beauty, footwear

Trent Ltd is betting on beauty, footwear and innerwear as its next growth engines, looking to turn these businesses into “destination categories” for shoppers as the Tata Group company expands beyond apparel.

2 min  |

June 05, 2026

Mint New Delhi

Rupee gains 2 paise to 95.74 vs US dollar

The rupee rose 2 paise to settle at 95.74 against the US dollar on Thursday, as the global crude oil prices eased and market participants keenly awaited the decision of the Reserve bank of India's (RBI) monetary policy committee on Friday.

1 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Three revolutions could secure India’s economy

The FM spoke of fuel, fertilizer and foreign exchange as three Fs’ we must conserve. On all fronts, we must replicate the Green Revolution that spelt security vis-a-vis a fourth F—food

2 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Contract delays hold up 2,600 e-buses

The rollout of 2,600 electric buses under the Centre’s PM E-bus Sewa scheme has stalled across five states, with bus makers and operators considering making a representation to the government.

2 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Kuku files for IPO, seeks ₹1.5k cr valuation

Kuku Technologies Ltd has confidentially filed for an initial public offering (IPO), seeking to raise between ₹2,500 crore and ₹3,500 crore, according to two people familiar with the matter.

1 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Trump tells aides he won't resume all-out war with Iran unless U.S. troops are killed

Repeated strikes by Tehran ratchet up pressure on the president and cast doubt over the ceasefire’s long-term viability

4 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Retail investors bet on Rajesh Exports as NRIs, FPIs sold

A clutch of non-resident Indians (NRIs) and foreign portfolio investors (FPIs) divested a large chunk of their shareholding over the past three years at the expense of small retail shareholders in Rajesh Exports, the company in regulatory crosshairs for alleged misrepresentation of financial statements.

1 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Cockroach Janata trend: it holds sustainability lessons

The success of a youth movement under the banner of the Cockroach Janata Party should serve as a wake-up call for India’s government to address some issues highlighted by it: the difficult pass which the education system finds itself in; declining employment opportunities in the country; corruption at various levels; a society fractured along community, caste and class lines; and others.

3 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Does Trump really not care if Republicans lose mid-terms?

The US president’ brave front could be followed by a blame game

3 min  |

June 05, 2026

Mint New Delhi

SpaceX eyes $75-bn IPO at a $1.8 tn valuation

SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, as the world’s richest person pursues data centers in space and a trip to Mars.

1 min  |

June 05, 2026

Mint New Delhi

Cement hikes fail to offset costs

Before the West Asia war broke out, the cement sector had one problem to deal with: muted prices. Tough competition and chase for market share kept prices under pressure in FY26, but benign input costs helped. That comfort is now out of the window.

2 min  |

June 05, 2026
Mint New Delhi

Mint New Delhi

Govt may up bank deposit protection limit to ₹7.5 lakh

The finance ministry has sent the proposal to the Prime Minister’s Office for consideration

2 min  |

June 05, 2026

Mint New Delhi

Why bigger paycheques often do not translate into greater wealth

Several affluent Indians save little, with 43% saving less than 20% of their income, according to a recent survey

5 min  |

June 05, 2026

Mint New Delhi

Meta keeps delaying the release of its new AI model to developers

Meta Platforms has delayed plans to release its newest artificial intelligence model to developers multiple times and as of Tuesday didn’t have a planned date to release it, according to people familiar with the matter.

3 min  |

June 05, 2026

Mint New Delhi

India's AI spending surge boosts copper play

India may not have many listed companies that offer a direct bet on artificial intelligence (AI) or semiconductors, but investors are increasingly turning to the companies that provide the raw materials needed to build that ecosystem.

2 min  |

June 05, 2026

Mint New Delhi

TVS Supply Chain enters aerospace

TVS Supply Chain Solutions on Thursday announced its entry into the aerospace and defence supply chain market with the formation of a 51:49 joint venture (JV) with the Italy-based ALA Group.

1 min  |

June 05, 2026

Mint New Delhi

Hyundai to build EV hub in Tamil Nadu

Hyundai Motor India Ltd (HMIL) has announced a partnership with the Tamil Nadu government to position the state as its “flagship electronic vehicle (EV) hub for India.”

1 min  |

June 05, 2026

Mint New Delhi

US springs forced-labour tariffs on India, 59 others

India engaged with US on 12.5% levy; trade deal likely in weeks, says US envoy

4 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Automakers boost captive finance to power up sales

Automakers are pushing deeper into vehicle financing as a growing reliance on loans turns customer credit into a lucrative business opportunity.

3 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

True North to sell Cloudnine stake as it eyes fresh funds

Private equity firm True North is looking to sell its over decade-old stake in Bengaluru-based maternal and child healthcare chain Cloudnine Hospitals as the company prepares to raise $250-300 million in a fresh funding round, according to two people familiar with the matter.

2 min  |

June 04, 2026

Mint New Delhi

War for tax pros plays out at top advisory firms

There’s a talent war playing out in cut-throat competition among the country’s leading audit and advisory firms to beef up their top tax advisors’ teams.

3 min  |

June 04, 2026

Mint New Delhi

Public Wi-Fi vs private networks: The clash over a ₹1 tn fund

With over 1.2 billion mobile subscribers and some of the lowest-cost data plans, does India really need public Wi-Fi?

3 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Cabinet okays ₹20,000 cr to ease jet fuel price, clean up air in NCR

To insulate the economy from the ripple effects of the West Asia conflict, the Union cabinet on Wednesday approved two major interventions worth nearly ₹20,000 crore—a ₹10,000-crore fuel price stabilization fund (PSF) for the aviation sector, and a ₹9,585-crore clean transport scheme for Delhi-NCR.

3 min  |

June 04, 2026

Mint New Delhi

Global economy risks slump on prolonged Iran conflict: OECD

The fate of the global economy hinges on the conflict in West Asia that has already stifled growth and could yet trigger recessions and significantly stronger inflation, the OECD said.

2 min  |

June 04, 2026
Mint New Delhi

Mint New Delhi

Greg Abel puts his stamp on Berkshire Hathaway with pair of megadeals

In one weekend, Warren Buffett's successor gives shareholders reason to believe he is a savvy dealmaker

3 min  |

June 04, 2026

Mint New Delhi

Is a money gift from a parent to an NRI's NRO account taxable?

I transferred ₹5 lakh as a gift to my NRI child's NRO account. He then transferred it to his NRE account and invested in an FD, where the interest is tax-free for him. Are there any income tax implications for either of us? Also, how much interest earned in an NRE account is tax-free?

1 min  |

June 04, 2026

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