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UPS Provident Digital Crypto Die-Hards Think They’ve Found the Next Bitcoin

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markets UPS Digital Crypto is now mainstream. Investors of all ages are diving in.

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markets UPS Booking Manu Joseph: Why we cannot be sure Bitcoin’s secret creator is actually Adam Back

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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markets Digital ETF Why this is the coldest crypto winter yet

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markets Cooper Trade A Bitcoin blunder for the ages: $40 billion accidentally given away

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markets UPS Binance One generation runs the country. The next cashed in on crypto

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markets FIVE Digital A new crypto winter is here and even the biggest bulls are worried

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markets Blockchain UPS Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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Blockchain UPS Provident The great crypto reckoning: Wake up and get real about this class of pseudo assets

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Blockchain Ethereum Digital JPMorgan steps further into crypto with tokenized money fund

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markets Blockchain UPS Mint Explainer: Why the RBI is wary of stablecoins—Crypto’s measured wing

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markets Blockchain Ethereum What lies ahead for Altcoins: Looking at the future of diversified portfolios

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Blockchain security economy Zoho's Sridhar Vembu explains why Infosys co-founder Nandan Nilekani's plan to tokenise land is 'seductive, but...'

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markets Blockchain Ethereum Top low-cap altcoins with massive upside

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FDIC chair to quit after scathing report on toxic culture

The White House says FDIC chairman to step down following report on agency's toxic workplace culture

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Centre set to expand electrification drive to PSUs, state govts in boost for electric carmakers

Marriott bets on outbound Indian travel surge, rewires loyalty into experiences

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Now it’s Vladimir Putin’s turn to visit Beijing

Russia’s war is going badly—on the ground and in the air

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05.05 / 09:35

UPS Platform economy President War Iran is using its 1980s playbook, plus drones, to cripple global shipping

Subscribe to enjoy similar stories.During the Tanker War of the 1980s, Iran used missiles, mines and speed boats to assert its control over the Strait of Hormuz. Back then, it took an extensive naval operation, including the destruction of command posts on offshore oil platforms by U.S. Marines, to break Tehran’s hold.This time around, in addition to its earlier playbook, Iran has a legion of attack drones which are serving as a significant force multiplier.

05.05 / 08:47

markets Target economy awards wellness country reports Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear

Subscribe to enjoy similar stories.Dennis Robertson was not only one of the finest economic minds of the 20th century, but also an elegant writer who was known for his witticisms. In an essay written in 1956, Robertson quipped: “High-brow opinion is like a hunted hare; if you stand in the same place, or nearly the same place, it can be relied upon to come round to you in a circle.” Those words resonate while reading a new report by the World Bank on industrial policy, or targeted government intervention to shape the economic structure of a country by promoting, protecting or developing specific industries deemed vital to economic growth, export competitiveness, import substitution or geopolitical strategy.

05.05 / 08:47

markets COST Platform Action Research trends Updates Why investors are cautious despite Ather’s revenue surge

Subscribe to enjoy similar stories.Ather Energy’s March quarter (Q4FY26) results are a classic case of operating leverage in action. While revenue surged 74% year-on-year to ₹1,175 crore, matching market expectations, net loss narrowed significantly, shrinking 57% to ₹100 crore.However, investors remain cautious despite these gains. Volume growth was robust, supported by rapid network ramp-up (700 experience centres versus 350 last year) and the continued success of the Rizta scooter.

05.05 / 08:27

UPS Target Universities information reports Updates Libas looks beyond ethnic wear, gears up for FY28 IPO

Subscribe to enjoy similar stories.Indian ethnic and fusion wear brand Libas is looking to become a broader lifestyle house, adding new categories and labels as it works towards a public listing by FY28."We want to be a lifestyle house of brands over the next five to ten years…So you will see some categories like handbags or maybe accessories, even home furnishing that we might explore over the next two years,” said Sidhant Keshwani, founder and CEO, without specifying the segments where the company wants to grow.The expansion plan comes as Libas scales both distribution and revenue ahead of its initial public offering (IPO) ambition. The company is targeting ₹1,000 crore in revenue by FY28, while maintaining annual growth of 30-35%.

05.05 / 08:09

Provident Digital trends Trade track reports Updates Mint Explainer | EPFO’s E-PRAAPTI portal: What it means for dormant PF accounts

Subscribe to enjoy similar stories.With the government planning to roll out E-PRAAPTI, an Aadhaar-linked portal by the Employees’ Provident Fund Organisation (EPFO), subscribers will soon be able to trace and access dormant or unclaimed provident fund accounts with minimal effort. The platform is designed to let users identify legacy accounts, link them to their Universal Account Number (UAN), update KYC details and reactivate balances through a fully digital process.The shift marks a move from an employer-dependent system to a member-led model, where individuals can manage PF accounts directly using digital authentication.Mint explores how the portal could help unlock dormant provident fund accounts and what the shift to a member-led system means for subscribers.India has a large number of inactive provident fund (PF) accounts, largely due to job changes, incomplete KYC, or accounts created before UAN became universal.Over time, EPFO has acknowledged that a significant portion of its total accounts are inactive or inoperative—many of them small-value balances that workers have lost track of.

05.05 / 07:57

markets Platform Entertainment Strategy film Warner Bros audience Videos OTT platforms squeeze more from loyal viewers as easy growth fades

Subscribe to enjoy similar stories.After years of building large subscriber bases through aggressive pricing and bundled offerings, video streaming platforms are recalibrating their strategies to align revenue growth with rising content and acquisition costs. In many cases, this means charging users more for the same content — but in subtler ways.Late last month, JioHotstar and Warner Bros.

05.05 / 07:47

UPS Citi Provident Waves Digital Platform country US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India

Subscribe to enjoy similar stories.Private equity firm Recognize, which closed its second fund at $1.7 billion in June 2025, is scouting for bets in India that are niche-specific service providers for large-scale enterprises in the US, according to a top executive.“We're not only looking for these niche companies and seeking to scale them,” said Muthu Kumaran, partner and head of India operations at Recognize. “These companies can have a seat at the table with Fortune 500 companies because in cases, they have specialized offerings that are deeper than what traditional IT services providers would do.”The New York-based firm was founded by former Cognizant Technology Solutions Corp chief executive officer Francisco D'Souza alongside David Wesserman and Charles Philips.

05.05 / 07:47

markets security Strategy Food wellness Experts War What should India’s near-term strategy for energy resilience look like? Here’s a climate-friendly outline

Subscribe to enjoy similar stories.For a little over two months now, the world has speculated on the impact of the Israel-US-Iran war on the world economy. As the war’s disruption stretched on, concern began turning into panic over energy and food security. India is in a particularly vulnerable position—both directly, given its high energy dependence on West Asia, and indirectly due to the ripple effects of various impacts across the world.India’s large import dependence makes adaptive responses to economic and social impacts of the war enormously challenging, especially in the immediate time-frame of two years.

05.05 / 07:47

markets Provident security economy Trade show Updates BHEL stock in the spotlight after an electrifying Q4 show

Subscribe to enjoy similar stories.Bharat Heavy Electricals Ltd’s (BHEL) shares have gained about 8% in the past two trading sessions, and also hit an all-time high of ₹399 apiece on Monday, surpassing the previous all-time high of ₹390 seen on 7 November 2007. Not without reason.The state-owned equipment manufacturer’s consolidated Ebitda jumped 111% year-on-year to ₹1,753 crore for the March quarter (Q4FY26).

05.05 / 07:47

markets UPS IPO trends stage cover reports Small IPOs face listing delays as mutual funds turn selective amid broader market volatilities

Subscribe to enjoy similar stories.Mumbai: Large mutual funds in India are becoming more selective about investing in smaller stock market listings, making companies that seek to raise between ₹400 crore to ₹2,000 crore either wait out a volatile market or turn to private equity and venture capital firms for funds.“There is clearly more selectivity. In the ₹2,000–3,000 crore range, deals need sharper differentiation on growth, quality, and valuation to see strong traction,” said Raghav Gupta, joint chief executive officer, IIFL Capital.

05.05 / 07:47

markets COST Mobile ICE War stage prevention The great fuel hedge: can EVs become a solution to India's ICE volatility

Subscribe to enjoy similar stories.India’s automotive sector is navigating what can only be described as a “perfect storm” — geopolitical instability, rising crude prices, currency weakness and tightening emission norms.With 90% crude oil import dependence, Brent crude crossing $110 per barrel, and the rupee at a record low of ₹95.40/USD (as on 5 May), the economics of internal combustion engine (ICE) ownership are under strain.At the same time, regulatory shifts — E20 ethanol blending and BS6 Stage 2 norms — are reshaping the cost structure of conventional vehicles.In this environment, electric vehicles (EVs) are transitioning from being a green alternative to a fiscal hedge. For Indian consumers, electric mobility is increasingly looking like a viable long-term solution.India’s 90% crude import dependency makes it acutely exposed to the West Asia war.

05.05 / 06:37

Digital Platform Mobile Research Trade Universities International After Paytm, is India’s payments bank experiment running out of road?

Subscribe to enjoy similar stories.Reserve Bank of India (RBI) has cancelled the licence of Paytm Payments Bank, culminating a series of supervisory actions that began with a halt on new customer onboarding in March 2022 and subsequent stringent business restrictions.While the action may appear rooted in regulatory non-compliance, it has reignited a broader debate over the viability of payments banks. Conceived to serve the unbanked, their relevance is now being questioned amid near-universal account ownership driven by Jan Dhan Yojana and intensifying competition from fintech platforms, most notably UPI.With a key player exiting, concerns are mounting over the sustainability of India’s differentiated banking model.Payments banks were set up to advance financial inclusion by offering small savings accounts and digital payment services to migrant workers, small businesses and low-income households in the unorganized sector.

05.05 / 06:37

markets UPS Booking Platform trends reports Updates Instant help services face scalability test amid worker shortages in peak summer period

Subscribe to enjoy similar stories.BENGALURU: On-demand house-help services platforms such as Urban Company’s Insta Help, Snabbit and Pronto are facing a workforce shortage across major cities including Mumbai, Bengaluru and the National Capital Region, leading to limited availability and rescheduled or cancelled bookings.Even as the platforms try to scale up to meet demand, users have reported difficulty securing slots for same-day or even next-day services, particularly for routine cleaning services. The disruption comes as demand for app-based home services continues to grow, driven by dual-income households and a shift towards convenient platform-based hiring.“I’ve tried booking a cleaner multiple times in the last two weeks and either there are no slots or the booking gets pushed to the next available day,” said a Bengaluru-based user who did not wish to be identified, adding that Pronto and Urban Company currently only allow scheduled bookings (not help within minutes) for their area.A user in Mumbai recently purchased Insta Help’s three-day pack but has been unable to find vacant slots.“The app simply says it will notify you when slots are available.

05.05 / 06:37

markets COST Universities War Updates International Is the dollar this era’s denarius? The greenback’s dominance seems in terminal decline

Subscribe to enjoy similar stories.As the economic consequences of US President Donald Trump’s war against Iran become evident, policymakers around the world are running out of patience. The recent Spring Meetings of the International Monetary Fund and World Bank in Washington made this abundantly clear, with UK Chancellor of the Exchequer Rachel Reeves lamenting the “folly” of a war that is “not ours.”But much of the cost will be borne by the US itself. The immediate effects are visible: a sharp rise in gas prices, inflation climbing to a two-year high and growing concerns that, as consumers cut back on spending to offset higher costs, unemployment will rise.

05.05 / 03:55

band performer musician travelers Interviews Creative Corner: For musician Varijashree Venugopal, travel is a great teacher

Subscribe to enjoy similar stories.To call Varijashree Venugopal, 35, “multifaceted” feels like compressing a wide canvas into a tiny capsule. A child prodigy who started performing when she was four, the Bengalurean is today a flautist, singer, music composer and a serial collaborator who’s worked with eminent musicians like Rajesh Vaidya, Herbie Hancock, Bobby McFerrin and Michael League. In 2024, she was nominated along with Jacob Collier and Anoushka Shankar for the Grammy for Best Global Music Performance for the track A Rock Somewhere, featured on the album Djesse Vol. 4. She is also attributed as the creator of “Carnatic Scat” singing, a vocal style that blends carnatic singing with jazz.“As a musician I am a lot into improvisation and experimentation and it applies across projects and collaborations.

05.05 / 03:55

markets COST Provident Research information Updates Power Grid: steady returns ride power boom, but debt clouds outlook

Subscribe to enjoy similar stories.Power Grid Corp. of India Ltd, the top power transmission utility, sits at the heart of India’s electricity network, moving bulk power across states and linking generation with distribution.Its business runs on long-term, 35-year transmission contracts under a regulated tariff framework set by the Central Electricity Regulatory Commission.

05.05 / 03:55

markets Manufacturing Align Sustainability Experts Updates BJP’s Bengal win sparks rally in state-linked stocks, but can it last?

Subscribe to enjoy similar stories.The end of a 15-year political regime in West Bengal has rekindled investor interest in companies headquartered in the state, triggering a sharp rally in select stocks on expectations of a policy reset.On 4 May, the Bharatiya Janata Party (BJP) registered a watershed win in the 294-member assembly, unseating the Mamata Banerjee-led Trinamool Congress (TMC) and ending its 15-year rule.On the back of expectations of improved industrial policy clarity and faster clearances, shares of RP Sanjiv Goenka Group companies, Bandhan Bank, Emami Limited and others saw a sharp move in prices.However, analysts caution that the rally reflects anticipatory positioning rather than earnings visibility.“The market is largely anticipatory positioning, not earnings-led yet,” said Ajay Bagga, a market expert. “Any regime shift that improves industrial policy clarity and capex visibility can expand earnings multiples but sustainability depends entirely on execution, not sentiment,” Bagga added.Shares of Kolkata-based Bandhan Bank touched an all-time high of ₹212.5 on Monday, emerging as the top gainer in the Nifty Private Bank pack that day.As of FY26, West Bengal accounted for 24% of Bandhan Bank’s total loans and advances—the highest among all states.

05.05 / 03:05

markets UPS FIVE cover reports gatherings Updates Cognizant trims shareholder payouts as AI dealmaking gathers pace

Subscribe to enjoy similar stories.Cognizant Technology Solutions Corp has become the third largest Indian heritage IT services firm — after Tata Consultancy Services Ltd and HCL Technologies Ltd — to dial back shareholder payouts as it redirects capital towards acquisitions and AI capability building.Nasdaq-listed Cognizant, which follows a January–December financial calendar as against Indian IT’s April–March year, returned $1.99 billion to shareholders through dividends and share repurchases last year.This year, the company is set to return less.“This year again, $2.5 billion (in free cash flow), we have committed $1.6 billion to be returned to the shareholder, $1 billion by share buyback and $600 million odd in dividends, of which we have now used about $600 million from the remaining $1 billion for Astreya,” said Jatin Dalal, chief financial officer of Cognizant, during the company’s post-earnings analyst call on 29 April.Cognizant ended last year with $21.1 billion in revenue, up 7% year-on-year.“Our long-term capital allocation framework is to deploy ~50% of our annual free cash flow towards M&A aligned with our strategic priorities and ~50% towards dividends and share repurchases, targeting a consistent dividend payout ratio and repurchases to offset dilution.

05.05 / 02:19

markets Digital Google ByteDance War Updates peace Strategic autonomy: Why India should call off the LLM debate and develop its very own AI models

Subscribe to enjoy similar stories.In the field of artificial intelligence (AI), should India create its own large language models (LLMs) that can work on a trillion-plus parameters? Scale-wise, this would put them in contention with LLMs created by US players OpenAI, Google, Anthropic, Meta and their Chinese rivals Alibaba, DeepSeek and Moonshot, with ByteDance, Tencent and Zhipu AI not far behind. Or should India focus on creating AI tools and agents based on available models? Eminent leaders of India’s success in IT services have argued in favour of the latter option. Scarce resources need not go into building frontier models from scratch, they say, as we could gain more by using what already exists to go further.

05.05 / 01:45

markets UPS Provident Aviat Airlines reports International SpiceJet’s shrinking fleet puts international operations under scrutiny

Subscribe to enjoy similar stories.SpiceJet Ltd’s operational fleet has shrunk from 33 aircraft at the end of December to about 21 in early May, bringing the airline close to the minimum threshold required to operate international flights under Indian aviation rules. Fleet count fell due to returns to lessors and grounding for maintenance.The slide in SpiceJet's fleet comes as the airline has also lost ground in the domestic market, slipping to fourth place with a 3.9% share in March.

05.05 / 01:45

Manufacturing Enterprise wellness show cover reports PMEGP sees sharp credit slowdown as loan sanctions plunge 50% in FY26

Subscribe to enjoy similar stories.Bank loans under the Prime Minister’s Employment Generation Programme (PMEGP) fell by half to ₹6,148 crore in 2025-26 from ₹12,315 crore a year earlier, marking the third consecutive decline, according to data from the micro, small and medium enterprises (MSME) ministry and its PMEGP portal.The lower disbursements coincide with FY26 recording the lowest number of loan applications in a decade, signalling weakening momentum in credit support for small enterprises and job creation under the scheme.The trend raises questions about the creditworthiness of MSMEs and banks’ risk perception of small business loans amid external uncertainties, even as the Centre has increased the budgetary allocation for subsidized loans to start small non-farm business ventures to ₹4,500 crore (BE) for FY27 from ₹2,548 crore (RE) in FY26.The fall in bank loan sanctions is likely due to FY26 being the last year of the fifteenth finance commission cycle that began in FY21, with banks facing uncertainty about whether the scheme will continue, said an official directly aware of the development.The sixteenth finance commission, in its report submitted to the central government in November 2025, noted certain inconsistencies in the reporting of the PMEGP as a subsidy scheme.“Now that the budget for the PMEGP has been allocated for FY27, we expect bank loan sanctions as well as job creation under the scheme to rebound,” the official said on condition of anonymity.A senior bank official said the fall also needs to be seen in the context of tighter credit filters and a shift towards improving asset quality.