CATEGORIES

RBI Eases Rules Allowing NRIs to Open Overseas Rupee Accounts

For instance, an NRI in the US can now open a rupee account with New York branch of an authorized dealer bank in India

Kirloskar Family dispute escalates

The ongoing dispute within the Kirloskar family has intensified, with Kirloskar Brothers Ltd (KBL) seeking intervention in the Securities Appellate Tribunal (SAT) in an appeal filed by Kirloskar Oil Engines Ltd (KOEL).

Govt may propose duty cuts for rare-disease and cancer drugs

The government's National Policy for Rare Diseases lists 63 ailments

L&T Tech's Q3 excites, but don't ignore near-term headwinds

idcap IT services firm L&T Technology Services Ltd (LTTS) surprised the Street with solid deal wins and margin expansion in the December quarter (Q3FY25). Investors cheered, taking the shares up about 8% on Thursday.

Calls for Overwork Take Home Labour as a Given

Corporate advocacy of a long work-week assumes people's reliance for home chores on either low-paid labour toiling under harsh conditions or unpaid work—usually done by women

Sebi bars 7 entities firm from trading

The Securities and Exchange Board of India (Sebi) has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd (PIFL) following an alarming surge in the Mumbai-based company's stock price and questions surrounding its financial dealings.

Heads Up For Tails plans to raise $40 mn

Heads Up For Tails (HUFT) has started talks to raise $40 million from new and existing investors, three people familiar with the matter told Mint, underscoring the growth potential of the pet care sector.

Blue Origin reaches orbit, booster misses landing in debut

Blue Origin LLC's new flagship rocket lifted off for the first time and successfully reached orbit in a crucial test of the Jeff Bezos-backed firm's ability to challenge SpaceX's ironclad grip on the launch market.

Warburg-owned Truhome Finance eyes ₹50k cr AUM

To sustain growth, Truhome plans to expand to tier III and IV towns, where demand for affordable housing is rising

Demand for petrol, diesel may grow in FY26

India's petroleum product demand continues to remain robust with consumption seen at a record 252.9 million tonnes for the next financial year (FY26), according to data from the Petroleum Planning and Analysis Cell.

SpiceJet told to pay $2.67 mn to lessor

The Delhi High Court on Thursday ordered budget airline SpiceJet to pay $2.67 million to Team France within a week for using the aircraft lessor's three engines.

Cabinet approves 8th pay commission establishment, rocket launch pad

Ahead of the FY26 budget and assembly elections in Delhi, the Union cabinet on Thursday approved the setting up of the eighth central pay commission to revise the payment and pension of government employees.

Risk of RBI's approach to rupee

Holding on The Indian rupee has held up over the medium-term even as it has fallen sharply recently

Even Harvard M.B.A.s are struggling to land jobs

Landing a professional job in the U.S. has become so tough that even Harvard Business School says its M.B.A.s can't solely rely on the university's name to open doors anymore.

Bharat Dynamics wins Navy contract

The defence ministry on Tuesday said it sealed a deal with state-run Bharat Dynamics Ltd to procure medium-range surface-to-air missiles (MRSAM) for the Indian Navy at a cost of ₹2,960 crore.

How Entrepreneurs Can Safeguard Personal Wealth Amid Business Risks

The essence of ring-fencing lies in proactive planning and protecting from potential risks

LTIMindtree Beats Revenue Estimate

TIMindtree on Thursday reported third-quarter revenue above estimates, helped by the execution of large deals won in previous quarters, although its profit fell on account of an uptick in expenses.

Adani Group's US tormentor Hindenburg Research shuts shop

Hindenburg published 85 reports in its seven years of existence, and got it correct about 81% of the time

Bharat Mobility Expo Set to Drive in New Electric Vehicles, Hybrids Today

A Trend to Watch Out for at the Expo and Through 2025 Will Be the Dynamic Between EVs and Strong Hybrid Vehicles

Axis Bank Misses Profit Estimates

Indian Lenders Have Been Grappling With Higher Bad Loans in Microfinance and Unsecured Segments

Oil giant BP cuts thousands of jobs

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

Mint BFSI event today to host top regulators, finance pros

Rajeshwar Rao, Ananth Narayan, Deepak Sood, Deepak Mohanty at Mint BFSI Summit & Awards

China ramping up grid spending after green power boom

After launching the biggest boom in renewable power in history, China is now paying up to make sure all that clean energy can get to homes and businesses.

Hospital Chains Set for Stable Q3 Despite Challenges

Indian hospitals are likely to witness steady year-on-year (y-o-y) earnings growth in Q3FY25, even as sequential performance may be impacted owing to seasonality.

Luxury automakers set to make a comeback at auto expo this year

After skipping the 2023 edition, luxury automakers Mercedes Benz and BMW have returned to the Auto Expo 2025, now rebranded as the Bharat Mobility Global Expo.

There's a better way to predict a technology's future: Follow the rate of change

Evaluating a rising technology is often a binary operation, stuck in time. Does it work well? Yes or no? Has adoption lived up to expectations? Are the products and services built on the tech meeting revenue forecasts? Or not?

India and Singapore Eyes Energy Corridor

India Has Already Signed an Agreement for Power Transmission Connectivity With Saudi Arabia

Our economy seems to have gotten even more K-shaped

India's middle class might actually be shrinking while disparities turn more glaring than ever

IBC to establish giga factory in Bengaluru

Lithium-ion batteries manufacturer the International Battery Co. (IBC) is set to commence production at its 'giga factory unit' in Bengaluru within nine months, Karnataka minister for large and medium industries M.B. Patil said on Wednesday.

The H-1B visa programme serves US interests—and India's as well

America's brouhaha over Indian techies is misguided. Skilled worker immigration is vital to the US tech industry's success