Mint Mumbai
Automakers face a festive-season reality check
A year after goods and services tax cuts boosted car sales, automakers face a growth test. Since September 2025, the industry has posted double-digit growth in several months, driven by lower prices. Mint examines whether the momentum will hold this...
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Does India have a chance to escape 100% US tariffs?
India faces up to 100% tariffs after the Lindsey O. Graham Sanctioning Russia and Iran Act became a law in the US. The law punishes countries that buy oil from Russia. Will US President Donald Trump’s surprising decision to buy diesel from Russia give...
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Are we closer to a good and simple GST framework?
The GST Council’s 57th meeting has recommended a major procedural overhaul of the nine-year-old indirect tax regime, focusing on faster refunds, simpler compliance and reduced discretionary powers of tax officials, while leaving tax rates unchanged....
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How a green card freeze impacts H-1B workers
The US administration has suspended green card processing for eight firms including Microsoft, TCS, Infosys, Cognizant and Capgemini, while it investigates alleged misuse of job-based immigration programmes. Mint decodes how the move impacts hiring and...
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SUDHIR AND THE CITY
For more than five decades, Sudhir Patwardhan has balanced medicine and art, documenting the people and changing landscapes of Mumbai. A new exhibition of his drawings offers a closer look at how his practice and subjects evolved.
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Plague outbreak in Russia? Here’s what we know
Hundreds of people in Siberia have been quarantined after a laboratory worker at a plague research institute died in undisclosed circumstances on Friday. Mint explains the situation, how global authorities have responded, and whether there is cause for...
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Will north-east monsoon bring normal rains?
After a 24.3% rainfall deficit during the June–September south-west monsoon season, South Peninsular India is now counting on the north-east monsoon, which typically sets in October and accounts for a significant share of the region’s annual rainfall....
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A triple dice roll
Türkiye and Pakistan are reported to be joining forces with Saudi Arabia in the kingdom’s defence against Houthi attacks. This marks the first time that the Nato-like all-forone clause of the trilateral Mecca agreement, signed by the three in August,...
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FCNR deluge may hit bank margins
Asurge in foreign-currency deposits is giving Indian banks ample liquidity to sustain strong credit growth, but the surplus is set to squeeze net interest margins (NIMs) this quarter, particularly at private lenders, analysts said. Motilal Oswal...
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Are electric cars with small engines the way forward?
The government’s decision to equate range-extended electric vehicles (REEVs) with electric vehicles (EVs) under the latest corporate average fuel efficiency (CAFE) norms for super credits has sparked debate over the technology’s future in India. Mint...
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RUNNING ACROSS LADAKH
Runners take weeks off work and acclimatise before attempting Ladakh’s ultra race, one of the toughest in the world. To them, the personal challenges, endurance, and pull of the landscape remain central to the experience.
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A steeper path ahead
Amid all the flux in the global economy, the finance ministry’s economic review for September is reassuring but also sobering. Though it sees India’s economy growing 7.3% in the July-September quarter, an enviably high rate, the momentum may be...
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The catch behind lower-cost EVs powered by BaaS
Tata Motors Passenger Vehicles has become the latest carmaker to offer battery-as-a-service (BaaS), a model that lowers the upfront cost of electric vehicles. The trend picked up after Maruti Suzuki India introduced BaaS in February, with Mahindra &...
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Kerala HC order: A boost for govt on drug prices?
The Kerala high court on 28 September gave the Centre a legal route to intervene when patented life-saving medicines become unaffordable, holding that the government can invoke Section 100 of the Patents Act, 1970, to use a patented drug for public...
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How a new portal could reshape livestock cover
The department of animal husbandry and dairying (DAHD) has launched a livestock insurance portal. With India’s large livestock population exposed to disease and other risks, the platform seeks to make insurance easier to access and manage. Mint...
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Is the ongoing El Niño a postcard from the future?
The ongoing El Niño in the tropical Pacific Ocean is gaining strength faster than any previously recorded event. The event is likely to peak between November and January and countries across the world are likely to be most impacted in 2027. Mint looks...
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Insurance: take cover
The Insurance Regulatory and Development Authority of India’s (Irdai) consultation paper issued this week is a wellintended attempt at reforming the sector. Its proposals aim to lower distribution costs and commissions, ensure greater transparency in...
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Nayara-SAP order and its impact on Indian contracts
The Delhi high court on Monday directed SAP India to restore services to Nayara Energy, which had been suspended due to European Union sanctions over the oil refiner’s Russian links. Mint explains the implication of the order for Indian companies that...
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The FM’s raised bar
Though India has been making progress on its manufacturing mission, the country must strive harder to become the world’s factory. On Tuesday, finance minister Nirmala Sitharaman exhorted Indian industry to lift its ambition from “Made in India”...
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What’s driving the churn in India’s workforce?
India’s job market is undergoing a churn. Multinationals are cutting roles, particularly in IT, even as opportunities emerge in global capability centres (GCCs), niche artificial intelligence (AI) areas and semiconductors. Mint explains the changes...
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Why Apple faces CCPA probe over user-rights issue
A software update should improve a phone’s performance. But what if it causes hardware failure and leaves consumers with the repair bill? That is at the heart of the Central Consumer Protection Authority’s (CCPA’s) probe into Apple’s software warranty...
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SARUKKAI’S NEW LOGIC
Sundar Sarukkai’s ‘Homo Philosophicus’ challenges Western-centric academic biases to present an accessible approach to global philosophy. Bridging science and everyday ethics, it also examines capitalism’s grip on human nature.
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India’s utility vehicle exports zip past smaller cars
India on guard as US readies stiff levy for ties with Russia New Delhi said it will take all necessary steps to safeguard its energy security, after the US House of Representatives passed a sanctions bill authorizing up to 100% tariffs on countries...
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Will it decline?
P2M UPI transaction have risen in recent months. Number of P2M UPI transactions made in 2026 so far (in billion) Will MDR hit UPI transaction volumes? A merchant discount rate on UPI payments is not expected to significantly impact overall...
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Free UPI era ends; 0.4% fee to pay over ₹2k to merchants
The finance ministry on Tuesday said that a 0.4% merchant discount rate (MDR) will apply to person-tomerchant (P2M) UPI transactions above ₹2,000, while person-to-person (P2P) transactions will remain free irrespective of value. For transactions of...
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Brics: role elevation
The shape of Brics and its pursuits have been evolving over the two decades of its existence as a group of countries. Now Prime Minister Narendra Modi has outlined an ambitious agenda for the next two decades. Modi not only proposed the setting up of a...
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A GRAND TOUR MINUS CLARKSON
The Grand Tour has rebooted itself with a new generation of three enthused young men. It feels fresher, younger and features very little non-car conversation—looks like we may finally be ready for Clarksonlessness.
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Can organized student housing fix the PG crisis?
The recent collapse of a paying-guest (PG) building in Delhi’s Satya Niketan has laid bare the urgency of creating organized student housing across the country. For decades, a severe demand-supply mismatch in university hubs has forced millions of...
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Volkswagen’s yet another shot at an India partner
The Volkswagen Group (VW) has signed a non-binding agreement with the JSW Group for a potential joint venture (JV) in India. After years of searching for a local partner, the German auto giant has turned to the Sajjan Jindal-led conglomerate. Mint...
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THE PATHOS OF PARTITION
Gurvinder Singh’s feature films have been long-form dissections of the political turmoil Punjab has been subjected to. In ‘Rehmat’, he traces its turbulent past and its enduring capacity for compassion through three stories.
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How RBI’s draft loan rules could impact fintechs
The Reserve Bank of India (RBI) recently floated two draft rules that could change how fintech firms offer small loans. One sets a common loan-pricing framework, while the other would restrict lending of nonbanking financial companies (NBFCs) to term...
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Rising inflation builds case for MPC rate hike
The Reserve Bank of India (RBI) held its policy rate steady even as retail inflation has risen steadily in recent months, with governor Sanjay Malhotra signalling that the central bank has left open the direction of its next rate move, depending on how...
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Air India’s flight takes a plunge: what happened?
The Air India flight from Phuket to Delhi on 4 August suddenly lost altitude, injuring 20 passengers and four crew members. What caused the incident is unclear—pilot error or a mechanical failure, or both. Mint looks at the issue closely based on the...
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Microsoft, others eye buyout of HR firm Darwinbox
KKR-backed human resource and payroll services provider Darwinbox is drawing buyout interest even as it prepares for a potential public listing over the next couple of years. Existing investors Salesforce and Microsoft, along with US-based HR and...
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Cargo transport may get ₹10,000-cr waterway lift
India is stepping up its inland waterways push after cargo traffic surged nearly eightfold in just over a decade. The government now plans to develop more than a dozen new national waterways (NWs) over next five to 10 years, with investments of over...
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An artist of the broken world
Tyeb Mehta drew from the world around him to make sense of violence, loss and labour. A new book brings together essays and images that trace the ideas, influences and experiences behind his work.
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Aditya Birla Group charts royalty map
In a departure from past practice, the Aditya Birla Group has introduced a royalty fee for its operating companies using its brand name, the top bosses of Hindalco Industries Ltd and Grasim Industries Ltd said in their latest investor calls. The move...
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Why the Centre is against states taxing minerals
On Monday, the Union government introduced a Bill in Parliament that seeks to bar states from taxing minerals. If passed, the law will provide a welcome relief to the mining sector. Mint explains how minerals have been historically taxed and the...
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Regulators bolster cyber shield for financial sector
Cybersecurity is becoming core to financial regulation in India, as regulators step up efforts to guard regulated entities against cyberattacks and fraud. For the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), the...
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How will new RBI measures change loan recovery?
The Reserve Bank of India (RBI) on 6 August announced its final loan recovery guidelines. The measures, aimed at preventing harassment in the pursuit of defaulters, will take effect from January 2027, three months later than the original deadline. Mint...
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Zee’s copyright cases raise red flags for brands
Zee Entertainment has sued Blinkit and Nykaa, alleging the brands used copyrighted content in social media campaigns without permission. The cases may force marketers to review the line between cultural references and copyrights. Mint explains why it...
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THE QUIET RADICAL
As Reba Hore enters her centennial year, her artistic vision is receiving wider recognition. Rooted in everyday life, her works reveal a deep humanity, shaped by politics, love, solitude, and a lifelong commitment to art.
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Tata Sons IPO cloud stays; RBI vets plea
The Reserve Bank of India (RBI) on Thursday retained Tata Sons Pvt. Ltd in the upper layer of non-banking financial companies (NBFCs-UL) for FY27, leaving the Tata Group holding company subject to enhanced regulatory requirements while the central bank...
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Ethiopia solar cell imports under lens
Ethiopia, long known for its coffee, has found a new calling card in solar photovoltaic (PV) cells, one under scrutiny for possible Chinese links. India's renewable energy ministry has asked the finance and commerce ministries to look into an...
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Bain Capital leads talks to pick major stake in Cello World
Global private equity firm Bain Capital is leading discussions to acquire a controlling stake in Cello World from its promoters, who currently own 75% of the listed consumerware company, two people familiar with the matter said. "Kotak's investment...
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Why the IBC ruling is a win for homebuyers
Promoters of insolvent real estate firms can no longer use the Insolvency and Bankruptcy Code (IBC) to fend off homebuyers’ legal action. The Supreme Court has ruled that the IBC moratorium protects only the company, not promoters or directors. Mint...
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Can India catch up in sodium-ion battery race?
China’s battery makers are commercializing economical sodium-ion batteries for electric vehicles (EVs) and battery energy storage systems (BESS). India backs it too, but commercial progress has been limited. What does China’s leap mean for India’s EV...
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PORTRAITS OF INDIA
Emily Eden’s portraits and lithographs, on view in Delhi, offer a female perspective on 19th-century India. The exhibition examines royal courts and everyday communities, serving as a visual record shaped by her travel.
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Robot war ahead?
The income tax department uses AI and machine learning to process ITRs, identify anomalies, detect non-filers and automate compliance checks, reducing manual intervention while improving the accuracy of risk assessment. For taxpayers, the biggest...
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QUOTE OF THE DAY
El Niño usually leads to less rain in South Asia. Since 1951, 12 out of 17 El Niño years have coincided with below-normal rain in India. Global models predict that the ongoing El Niño could be the strongest in at least 150 years. Combined with...
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Sandip Chatterjee
CSO Aditya Birla Fashion CSO TVS Motor Company CBO Premier Energies CSO Eternal CEO WRI India Global Head of Sustainability & EHS Piramal Pharma Senior Advisor SERI
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Can drugmakers weather Trump’s generics tariff?
Trump’s proposed phased tariffs on generic drugs aim to reshore manufacturing, but the plan faces scepticism over its viability. If implemented, Indian drugmakers face huge losses. Mint unpacks the stakes, the market’s importance, and mitigation...
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MYTHS ABOUT MASCULINITY
As powerful men obsess over testosterone levels or what “real” masculinity entails, women and fandoms celebrate male beauty in all its varied forms—with joy, admiration and no desire to police anyone.
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Infosys picks Dash for CEO, logs weak Q1
Infosys has bet on a tried-andtested veteran to steer the company through turbulent times, even as it reported its weakest June quarter in six years. India’s second-largest IT services firm on Thursday named Ashiss Kumar Dash as CEO-designate,...
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Pay ceiling catches up with IT firms’ stock-rich CEOs
Information technology (IT) services firms have long used shares to reward chief executives. Now, as the CEOs cash in stock awards accumulated over the years, companies are seeking shareholder nod to raise the statutory remuneration cap, drawing...
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Behemoths eye foreign funds prior to building assets
India’s biggest conglomerates are changing how they finance mega projects, with a series of recent deals showing they are increasingly bringing in foreign equity partners before assets are built and de-risked, instead of relying largely on debt and...
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QUOTE OF THE DAY
Yes, but not drastically. Given that norms tighten progressively over five years and auto firms have tactical options to meet targets even without aggressive cleanfuel model launches, they will have space for gradual hikes. Moreover, as EVs, hybrids...
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Why IT giants are betting big on data centres
IT services majors are tapping the asset-heavy data centre business, betting on artificial intelligence-driven demand and data localization rules. Tata Consultancy Services and HCLTech see it as the new frontier, aiming to be full-stack players in...
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STIRRING UP THE HOT CHOCOLATE
Unlike coffee, which is largely for grown-ups, everyone loves hot chocolate. New cacao cafés have turned bean-to-bar chocolate into a craft beverage, adding new flavours and even spices to tap into nostalgia while creating something new.
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QUOTE OF THE DAY
While India is way behind major countries such as Taiwan, South Korea, China and US in semiconductors, the plan to localize the value chain focusing on all the key pillars is the right strategy, experts said. A May Niti Aayog report said, by 2035,...
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Hormuz jinx forces refiners to dock at UAE’s ports
The war in West Asia is reshaping India's energy supply routes. To avert risks, Indian refiners and importers are increasingly relying on the United Arab Emirates' (UAE) Fujairah and Khor Fakkan ports along the Gulf of Oman to skip the Strait of...
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