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06.05 / 02:15
markets UPS show performer Updates Mint Quick Edit | India’s auto sales have revved up but we await the dynamism of an EV surge
Subscribe to enjoy similar stories.Data released on Tuesday by the Federation of Automobile Dealers Associations in India shows that automobile retail sales rose 13% from a year earlier to over 2.6 million units in April, the best-ever performance for this month. The growth was broad-based, with five of the six main segments posting record numbers; all barring construction equipment, that is.
06.05 / 01:03
markets Citi Platform Racing Strategy love Updates Quick fashion: Legacy brands race to match instant delivery demands.
Subscribe to enjoy similar stories.Fashion retailers are speeding up deliveries to keep pace with instant-gratification shopping driven by quick-fashion startups, with established players and newer brands taking sharply different approaches.For example, brands such as Biba and The House of Rare have adopted a more calibrated, infrastructure-led strategy rather than a rapid overhaul of existing store networks. “We’ve been doing this in a very soft way but not necessarily from the same stores because that affects the customer experience,” said Siddharth Bindra, managing director of Biba.Bindra said using retail stores as fulfilment hubs for rapid delivery creates operational constraints, particularly given store sizes and layouts.
06.05 / 01:03
markets UPS FIVE Manufacturing Apple Sustainability Xiaomi A ₹15,000-crore wipeout: how Xiaomi lost India’s smartphone race to Vivo, Samsung and Apple
Subscribe to enjoy similar stories.NEW DELHI: Xiaomi once sold one in every four smartphones in India. By 2025, it had fallen out of the country’s top five brands.
06.05 / 01:03
markets Healthcare Experts reports patient medicines International India weighs tighter curbs on weight-loss drugs, as side-effects surface
Subscribe to enjoy similar stories.India’s weight-loss frenzy is under the scanner, with the blockbuster drug semaglutide facing fresh scrutiny after hundreds of suspected complications were flagged, said two government officials in the know, with medical experts noting that about half the users report some side-effects. The ongoing review could lead to tighter norms, including label changes, safety warnings and stricter prescription rules.Amid the hype surrounding these glucagon-like peptide-1 (GLP-1) receptors' efficacy for weight loss, the government has documented around 400 reports of adverse drug reactions (ADRs) potentially linked to the medication that is now being clinically evaluated, the officials said.
06.05 / 01:03
markets Target Research trends Trade performer recommendations Stocks to trade: Raja Venkatraman recommends three stocks for 6 May
Subscribe to enjoy similar stories.Stock market recap: Frontline indices, the Sensex and the Nifty 50, ended in the negative territory on Tuesday, largely due to profit booking in select banking and financial heavyweights.The 30-share pack Sensex closed 252 points, or 0.33%, lower at 77,017.79, while the NSE barometer Nifty 50 ended at 24,032.80, down 87 points, or 0.36%.Amid a series of upcoming events set to shape market sentiment, markets navigate an environment clouded with uncertainty.Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman:ABCAPITAL (Cmp ₹360.85)ABCAPITAL: Buy above ₹363, stop ₹340 target ₹405 (Multiday)AUROPHARMA (Cmp ₹1428.10)AUROPHARMA: Buy above ₹1430, stop ₹1390 target ₹1550 (Multiday) FINCABLES (Cmp ₹1054.95)FINCABLES: Buy above ₹1060, stop ₹1020 target ₹1150 (Multiday)Stock Market RecapOn 5 May 2026, Indian equities ended lower in a volatile session ahead of the Nifty weekly F&O expiry. The Sensex slipped 251.61 points or 0.33% to close at 77,017.79, while the Nifty fell 86.5 points or 0.36% to settle at 24,032.80.
06.05 / 01:03
markets Williams Sustainability Trade show performer recommendations Stock recommendations for 6 May from MarketSmith India
Subscribe to enjoy similar stories.Stock market recap: Indian equity markets ended Tuesday’s session on a cautious note, with the Nifty 50 declining 0.36% to settle at 24,032.80. The index saw volatile consolidation through the day, moving between an intraday low of 23,882.05 and a high of 24,081.70.Market breadth was mildly negative, with 1,604 stocks advancing against 1,680 declining, indicating a broadly balanced but slightly bearish undertone.Sectoral performance was mixed.
06.05 / 01:03
UPS Manufacturing Enterprise trends Experts performer Headlines Small businesses bagged nearly 50% of central govt orders in FY26. Here's what the data hides.
Subscribe to enjoy similar stories.The central government’s procurement from micro and small enterprises (MSEs) rose 21% to ₹1.14 trillion in FY26, according to the MSME Sambandh portal. This surge meant smaller firms bagged nearly half (48.91%) of all central government orders, a significant increase from the 43.28% ( ₹93,971 crore) recorded in FY25.This performance far exceeds the statutory requirement for the government to source at least 25% of its orders from MSEs.Industry stakeholders and experts suggested the rising volumes reflected growing MSME inclusion within the national economy.
06.05 / 01:03
markets IPO Provident Digital Strategy reports BlackRock-backed GIP mulls IPOs for Pristine, Ascend at $500 mn valuations
Subscribe to enjoy similar stories.Global Infrastructure Partners (GIP), the infrastructure fund manager that BlackRock Inc. acquired for $12.5 billion two years ago, is exploring initial public offerings (IPOs) for two of the companies in its Indian portfolio, logistics operator Pristine Logistics & Infraprojects Ltd and tower company Ascend Telecom Infrastructure Pvt.
05.05 / 15:39
markets UPS FIVE wellness exclusive innovations reports Emcure doubling down on biosimilars pipeline: MD Satish Mehta
Subscribe to enjoy similar stories.Mumbai: Emcure Pharmaceuticals plans to expand its biosimilars pipeline to ride a slew of patent expiries as well as favourable tailwinds on global demand, the company’s top executive told Mint in an interview.“We have identified biosimilars as a growth driver. In the next three to five years, a lot of our R&D spend as well as portfolio contribution would be skewed towards biosimilars as well as some of the larger peptides and the ADC (antibody drug conjugates) program,” managing director and chief executive Satish Mehta said.Pune-headquartered Emcure is largely a generics drug manufacturer, but is ramping up focus on specialty products like complex injectables, biologics and antibody drug conjugates.
05.05 / 15:39
markets Career Strategy Universities reports Interviews Pharmaceuticals Succession buzz lifts Biocon shares, but Kiran Mazumdar-Shaw says 'not imminent'
Subscribe to enjoy similar stories.Shares of Biocon rose 2.28% on Tuesday after an online report by Fortune India said founder and chairperson Kiran Mazumdar-Shaw had identified her niece, Claire Mazumdar, 37, as her successor—a disclosure investors and analysts have long awaited, given the outsized role the 73-year-old entrepreneur plays in the company she built from scratch.Within hours, however, Mazumdar-Shaw told Mint that the succession is neither decided nor imminent. "I'm not hanging up my boots any time soon," Mazumdar-Shaw said in a conversation on Tuesday evening.
05.05 / 14:17
markets UPS FIVE CEO reports Updates International M&M’s Anish Shah shifts focus to AI as profits surge in his fifth year at helm
Subscribe to enjoy similar stories.Mahindra and Mahindra Ltd's group chief executive, Anish Shah, is shifting his focus to deploying artificial intelligence, as the conglomerate closed its fifth year under his leadership with double-digit profit growth.The Mumbai-based company has crafted a strategy to increase revenue, which surged 26% year-on-year to ₹1.98 trillion in 2025-26, by using AI to enhance the service experience, improve marketing efficiency, and shorten the time-to-market for new products.Revenue surge was powered by a 20% on-year jump in sports utility vehicle (SUV) volumes to over 660,000 units, dethroning rival Hyundai Motor India from the second position, while net profit rose 32% on-year to ₹18,621 crore, further supported by growth across its business segments and a reduction in loss-making assets overseas.Its real estate and logistics business, Mahindra Lifespaces and Mahindra Logistics, reported a 50% rise in profit after tax, while its automobile segment—the largest contributor—posted 33% profit growth. Tech Mahindra Ltd, India's fifth-largest IT services company, ended the fiscal year with a 7% rise in net profit.Now, M&M wants to improve efficiencies to further boost revenue while reducing costs and turnaround time.“Over the past few months, I have spent an hour a day on AI, one hour every day.
05.05 / 14:17
markets Provident Mobile trends Trade reports Higher small savings inflows ease strain on govt borrowing
Subscribe to enjoy similar stories.New Delhi: The Centre's reliance on small savings to finance its budget deficit increased in the previous financial year, with collections under the National Small Savings Fund (NSSF) rising to ₹2.19 trillion in the 11 months to February 2026, said two government officials aware of the matter.The overall mobilization from these long-term, lock-in-based savings schemes such as Public Provident Fund (PPF), National Savings Certificate (NSC), and Sukanya Samriddhi Yojana helped reduce pressure on market borrowing, even though monthly inflows remained uneven, the officials cited earlier said on the condition of anonymity.According to department of expenditure data reviewed by Mint, NSSF collections during the first 11 months of FY26 were nearly ₹30,000 crore higher than ₹1.89 trillion recorded in the same period of FY25.
05.05 / 12:35
COST Manufacturing Sony Instagram beautiful travelers rights The shelf-to-screen shift: How packaging is powering D2C brands in a quick commerce world
Subscribe to enjoy similar stories.Late in 2018, when Angad Soni was preparing to launch Sepoy & Co., his botanical mixers startup, he was sure of two things: one, he had to get the formulation of his first product, tonic water, right. Two, the bottle in which it would be sold had to stand out.The target audience was consumers of premium gins who had likely sampled high-quality tonics on trips abroad, but had to settle for mass-market brands in India sold in plastic bottles, or in cans, such as Schweppes.
05.05 / 12:35
markets COST UPS Platform trends cover reports Platforms struggle to hire as gig workers favour stable roles
Subscribe to enjoy similar stories.E-commerce companies and delivery platforms are scrambling to hire workers during peak summer demand but are finding it difficult to fill roles on time, as experienced gig workers increasingly refuse to play ball, recruitment firms said.These gig workers are no longer attracted by slightly higher pay on another platform, and in some cases even dropping out late in the hiring process, as they look for formal, stable jobs with predictable incomes to cope with rising living costs. This has pushed up hiring costs by 15-20% this summer season as gig workers prefer fixed-salary jobs that pay at least ₹15,000-20,000 a month - levels that still fall short of their financial needs.“We are observing signs of a supply-side constraint.
05.05 / 11:21
markets FIVE Progressive DNA Research community Updates AI has gotten away without the self-restraints that scientists employ in the face of risks. How come?
Subscribe to enjoy similar stories.In December 2024, a number of scientists from around the world signed a four-page paper in Science that urged their own community to ensure that an entire class of organisms is never created. Their efforts managed to halt progress in a field that many of them had themselves been pursuing. This marked a rare moment in science when an entire field voluntarily abandoned the path it had been on because of the risks scientists saw ahead of them.The science in question was mirror-life, and the fact that such a moratorium was achieved raises the question of why similar outcomes were not achieved in the field of artificial intelligence (AI).
05.05 / 11:21
COST UPS Aware awards Highways Updates India plans to award construction-ready highway contracts, with all approvals in place, to curb delays
Subscribe to enjoy similar stories.The government is considering awarding national highway contracts only after obtaining all critical clearances, a move aimed at curbing project delays and cost escalation, according to two officials aware of the development.Under the proposal being considered, road projects will be awarded only after at least 90% of the land required is acquired, a norm already being enforced more strictly in recent years. In addition, the ministry of road transport and highways wants prior approval to remove structures such as houses and buildings that fall along the project stretch, an issue that has emerged as a key source of delays, one official said.According to the second official, even after land acquisition and statutory approvals, pending permissions to remove or modify built-up structures have stalled several projects.
05.05 / 11:21
markets COST UPS President War Can Donald Trump reopen the Strait of Hormuz?
Subscribe to enjoy similar stories.At this point, the Gulf war has started to seem like a series of missed deadlines and hollow pronouncements. What began as a two-week truce on April 8th is now approaching its fifth week. Donald Trump claims he can ignore a law that requires the American president to seek congressional approval for wars that last longer than 60 days (this one began 65 days ago).
05.05 / 09:35
UPS Swimming Olympics travelers recommendations International Sporting How to workout and sleep better this summer
Subscribe to enjoy similar stories.As the temperature soars past the 40 degrees Celsius mark, it’s near impossible to train or play sports outdoors. Doctors and fitness experts advise lighter workouts, a modified exercise regimen and indoor sessions during the peak summer months. Top triathlete, Pragnya Mohan, who has represented India at the Commonwealth Games, travels to Europe to train during summers as training in the Indian summer comes with the high risk of dehydration, dizziness, and fainting, she says.Outdoor exercise is dependent on weather conditions, notes Dr Ajay Aggarwal, director and head of internal medicine at Fortis Hospital, Noida.
05.05 / 09:35
markets economy President country Updates politician inequality Fiscal folly: if a wealth tax is about easing concentrations of power, it’s unlikely to work
Subscribe to enjoy similar stories.It’s happening. California looks likely to put a ‘one-time’ tax of 5% on wealth above $1 billion on the ballot in November and polls suggest it could pass— despite opposition from some economists (not so surprising) and Democratic politicians (more so). Meanwhile, calls to tax the rich are resounding across the country, from New York’s proposed ‘pied-à-terre tax’ to Washington State’s first-ever income tax, imposed only on millionaires.As someone who has been arguing for more than a decade that these taxes are bad economics, I find all this disheartening.
05.05 / 09:35
markets COST UPS Citi Research wellness Updates A hidden liability for US cities: looming infrastructure repair costs
Subscribe to enjoy similar stories.U.S. cities are facing huge liabilities that remain invisible on their books: dilapidated roads, bridges and buildings.A new study aims to put a dollar figure on the total wear and tear on the country’s urban infrastructure, and arrives at $1.03 trillion.
05.05 / 09:35
markets UPS Target Fighting show Updates China steps up US sanctions fight, defying blacklisting over Iranian oil
Subscribe to enjoy similar stories.China escalated its fight against the U.S. over Iranian oil, defying American sanctions in a show of resistance ahead of President Trump’s visit to Beijing planned for next week.Beijing has typically been wary of being seen to openly violate U.S. sanctions, even as privately run Chinese refiners, known as “teapots,” buy nearly every barrel of oil Iran exports.But China’s Commerce Ministry on Saturday told companies not to comply with the U.S.’s blacklisting of several Chinese refineries over alleged purchases of Iranian oil, invoking for the first time a 2021 “blocking rule” designed to counteract foreign laws it believes violate international norms or restrict trade.“It sends a broader message that China is willing and can resist what it views as unilateral and unfair sanctions that hurt Chinese interests,” said Dylan Loh, a professor at Singapore’s Nanyang Technological University who studies China’s foreign policy.The U.S.

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