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03.12 / 10:53
markets Manufacturing Platform Mobile trends country innovations India could be a different kind of AI superpower
Subscribe to enjoy similar stories. Artificial intelligence (AI) is taking off in India. The country is now the second-largest market for OpenAI, whose ChatGPT service has 700m active users worldwide.
03.12 / 10:53
markets COST UPS Bill Universities Updates Power sector proposals brighten India’s energy outlook but lasting gains need a stronger jolt of reforms
The power sector has emerged as a key lynchpin of the economic engine that the government is revving up to help drive India’s growth in times of geopolitical tumult. The distribution business continues to be a bugbear of the power sector, with snags that curtail the ability of consumers to benefit from modern technology, be it the low cost of solar electricity or smart meters that enable consumers to schedule some part of their consumption (like the use of washing machines) to reduce bills.
03.12 / 10:53
markets COST Platform wellness beautiful Features Mint Explainer: Why are quick commerce platforms selling cosmetics for ₹1?
Subscribe to enjoy similar stories. Quick commerce platforms have unleashed a new weapon in their cutthroat battle for market share— ₹1 cosmetics. Swiggy Instamart and Zepto have launched campaigns in which customers can buy select beauty products for just ₹1 once they add cosmetics worth a certain amount to their cart.
03.12 / 10:53
UPS Provident Platform Research country information testing There is a vast hidden workforce behind AI
Subscribe to enjoy similar stories. WHEN DEEPSEEK, a hotshot Chinese firm, released its cheap large language model late last year it overturned long-standing assumptions about what it will take to build the next generation of artificial intelligence (AI). This will matter to whoever comes out on top in the epic global battle for AI supremacy.
03.12 / 10:53
UPS Platform track social rights Videos AI turns vintage tracks into fresh revenue streams for music labels
Subscribe to enjoy similar stories. Artificial intelligence (AI) is giving old sound tracks a new lease of life, and opening up fresh money-making avenues for music labels. Music labels such as Saregama and Times Music are increasingly turning to AI to create new content and bolster their vast collection of songs, while adding moving images to old catalogues, particularly devotional categories, that lacked videos, resurrecting their appeal.
03.12 / 10:53
markets Provident Manufacturing Highways reports ventilators International India may allow e-ambulance manufacturers to import traction motors fitted with rare earth magnets till March
Subscribe to enjoy similar stories. NEW DELHI: The heavy industries ministry has proposed new localization rules for e-ambulances under the ₹10,900 crore PM E-drive scheme, allowing manufacturers to import traction motors fitted with rare earth magnets till 3 March 2026, the ministry said in response to Mint’s email query.
03.12 / 10:53
markets UPS Trade Experts performer Rupee at 90: How and why it became worst-performing major currency
Subscribe to enjoy similar stories. The rupee breached 90 to the US dollar on Wednesday, marking a new low for India’s currency, which has steadily weakened over the year and is now the worst performer among major emerging- and advanced-market currencies. The rupee's slide (it has fallen more than 5.5% this year as of 2 December) has been driven largely by a trade impasse with the US and continuing foreign portfolio investor (FPI) outflows from Indian markets.
03.12 / 10:53
COST Apple Gemini President electronic reports Apple plans a folding smartphone. Samsung is going one better.
Subscribe to enjoy similar stories. Apple is widely expected to launch a foldable iPhone next year. But it faces stiff competition in the world of flexible smartphones, as Samsung Electronics is bringing its own triple-folding device to the U.S.
03.12 / 09:33
markets COST UPS show reports upGrad trims losses sharply in FY25 even as revenue growth slows
Subscribe to enjoy similar stories. Temasek-backed edtech major upGrad narrowed its losses and recorded modest revenue growth in FY25, the company's statutory disclosures showed. Consolidated revenue rose 5.5% to ₹1,569.3 crore in FY25, up from ₹1,487.6 crore in FY24, upGrad's filing with the Registrar of Companies (RoC) showed.
03.12 / 09:33
markets UPS Citi Waters country reports Updates Megacities are both booming and increasingly exposed to the risk of disastrous floods
Humanity’s future lies in some of the most vulnerable spots on the planet. We’ve seen that in stark relief of late. A United Nations report last month concluded that the world’s population is increasingly crowded into a group of often low-lying, middle-income megacities in Asia and Africa.Jakarta and Dhaka dethroned Tokyo’s long-held status as the world’s biggest city, with 42 million, 37 million and 33 million people respectively.
03.12 / 09:33
markets UPS Provident FIVE Enterprise trends Trade As AI roils shares of India's largest IT firms, their share in Sensex falls to lowest in 18 years
Subscribe to enjoy similar stories. The share of information technology (IT) services stocks in the BSE 30 Sensex in 2025 has fallen to a 18-year low of 11.3%, just better than the 8.8% in 2007, as rise of artificial intelligence tools and prospects of uncertain growth make investors jittery. This coincides with OpenAI’s launch in November 2022, which marked an inflection point in the country’s $283 billion sector as it upended the way businesses were run.
03.12 / 09:33
security wellness country exclusive Department prevention rights NRIs can cut tax on mutual fund gains using DTAA — here’s how
Subscribe to enjoy similar stories. Non-Resident Indians (NRIs) have long looked to India’s mutual funds for wealth creation — but taxation on capital gains remained a grey area. Recent rulings by the Income Tax Appellate Tribunal (ITAT) have now brought meaningful clarity: NRIs in countries with favourable Double Taxation Avoidance Agreements (DTAAs) may be taxed only in their country of residence, not in India.
03.12 / 09:33
markets Mobile economy Sustainability Cycling show country For a sustainably higher growth path, India mustn’t just mobilize more labour and capital but deploy them more efficient
India is at the threshold of one of the most promising economic decades in its modern history, yet the hard arithmetic underlying growth reflects a more fragile situation than our headline GDP figures suggest. Economists apply the Sala-i-Martin framework to break growth down into its core components and ask a simple-yet-powerful question: How much of the rise in output per worker can be attributed to the use of more capital (a single factor of production), and how much can be attributed to India becoming more productive on the whole? The results from India’s growth decomposition between 1990 and 2023 reflect the emergence of a two-pronged challenge: capital deepening is now uneven and no longer accelerating, while total factor productivity (TFP) has remained stubbornly stagnant.
03.12 / 08:13
markets Extreme security Strategy performer innovations Courts Natco Pharma’s cyclical business model, low revenue visibility are bitter pills to swallow
Subscribe to enjoy similar stories. Shares of Natco Pharma Ltd have dropped 38% from the 52-week high of ₹1,505 (December 2024), as the Street grows cautious about its high-risk, high-reward business model. Natco focuses on extremely complex, niche drugs, mainly in cancer treatment, injectables, peptides, and legally challenged patents in the US market.
03.12 / 08:13
security Analysis Interface wellness trends show Features Groceries to gold: How UPI's micro-payments reshaped India's spending habits
Subscribe to enjoy similar stories. It’s been nearly 10 years since the Unified Payments Interface (UPI) arrived in the Indian market and revolutionized how Indians make everyday payments. More than 636 million UPI payments worth nearly ₹82,000 crore were made on an average day in November.
03.12 / 08:13
Citi Digital Citizens cover information Department Mint Explainer | Why the Centre is aerially surveying land and habitations in urban areas
Subscribe to enjoy similar stories. Even as India’s rural land-mapping has progressed substantially, most urban areas lack reliable, up-to-date maps and clear ownership data. This gap leads to land disputes, inefficient property transactions, poor municipal tax collection and delays in infrastructure planning.
03.12 / 07:09
Digital Citizens Platform Mobile Software wellness reports Mint Explainer | Is Sanchar Saathi India's anti-fraud shield or a surveillance overreach?
Subscribe to enjoy similar stories. The department of telecommunications (DoT), on 28 November, issued notifications to mobile phone brands, asking them to pre-install the Centre’s cybersecurity app, Sanchar Saathi, on devices, without an option to disable it.
03.12 / 07:03
markets Provident Cooper economy Updates Relationships Putin visit: As the world order transforms, India’s ties with Russia must evolve too
This week’s visit to India of Russia’s President Vladimir Putin has drawn New Delhi’s long relationship with Moscow into the spotlight. The India-Russia bond has been strong and steady, as evident in the fact that it has outlasted many shifts in global geopolitics. Looking at the cooperation between the two, whether it is on defence materiel or navigating past twists and turns in the global order, India and Russia have understood each other’s requirements and managed to support each other in their time of need.
03.12 / 07:03
markets COST UPS Sustainability trends Trade War Cement companies push for premium products, analysts predict price war in the segment
Subscribe to enjoy similar stories. Cement makers such as Nuvoco Vistas Corp., Birla Corporation and JK Lakshmi Cement are increasing their focus on premium products to lift margins as an alternative to price hikes in a push that analysts said would work for now but not in the long term as competition creeps into the premium segment. After the goods and services tax, or GST, rate on cement was rationalized in September, cement companies have refrained from raising prices to pass on the benefit of lower taxes to consumers, analysts said.
03.12 / 07:03
markets UPS Provident Platform Enterprise Research Zerodha’s Tijori bet goes beyond broking: building investor intelligence tools
Subscribe to enjoy similar stories. Discount broking firm Zerodha's $5 million bet on research platform Tijori will help it move beyond retail trading and strengthen its products for cash-market and mutual fund investors, a top company official said. Zerodha's platform was dominated by active traders for nearly six to seven years since its inception in 2010.
03.12 / 05:43
markets COST UPS Racing NVIDIA Schools Devina Mehra: Whether there’s an AI bubble or not is a big question—here’s the lowdown on what’s brewing
The question I am asked most often these days is whether there is an artificial intelligence (AI) bubble forming in global markets. Rather than offering my opinion, let me tell you some facts.Yes, I do have concerns. Especially if one looks at the US market.

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