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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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19.05 / 09:27

markets Manufacturing awards Universities country testing Updates Mint Explainer | Where does India stand in its chip ambitions?

Subscribe to enjoy similar stories.NEW DELHI: This month, India’s semiconductor push gathered momentum with Tata Electronics’ pact with Dutch major ASML and two new projects, a mini/micro-LED display fabrication unit in Dholera and an OSAT packaging facility in Surat.With nearly a dozen semiconductor initiatives now underway, how close is India to becoming self-reliant in chips?Tata Electronics’ pact with ASML, the world’s leading maker of chip lithography equipment, marks a key step in India’s entry into global semiconductor manufacturing by securing access to critical technology. Alongside the two projects announced in May—a micro-LED display fab in Dholera and an OSAT packaging facility in Surat with a combined investment of ₹3,936 crore—the move broadens India’s semiconductor base.The micro-LED fab positions India in advanced display manufacturing, while the OSAT unit helps plug a packaging gap, reducing dependence on Taiwan and Malaysia.

19.05 / 08:49

UPS Target FIVE CEO cover Updates Cognizant doubles share buyback target to $2 billion in 2026 to assuage investors

Subscribe to enjoy similar stories.Cognizant Technology Solutions Corp has doubled its share buyback programme to $2 billion in 2026, with the flexibility to buy shares worth as much as $3.45 billion as the Nasdaq-listed company looks to instill investors with confidence after its stock was battered this year.The board of directors authorized the increase in the share repurchase target from $1 billion originally planned for 2026, the company said in a statement 18 May. The repurchase is expected to be completed during the second quarter of 2026.“Our plan to increase the amount of share repurchases reflects our strong conviction in the long-term opportunity AI creates and our critical role in it as an AI builder,” S Ravi Kumar, chief executive officer of Cognizant, said in the statement.

19.05 / 08:49

markets UPS MET security track Updates AIFs seek easier accreditation process, sharper incentives for wealthy investors

Subscribe to enjoy similar stories.MUMBAI: India’s alternative investment fund industry is seeking to widen access to a small but fast-growing pool of wealthy investors, arguing that a cumbersome accreditation system and limited incentives are slowing participation even as the sector scales sharply.The industry has made a representation to the Securities and Exchange Board of India (Sebi) seeking a simpler accreditation system and stronger regulatory benefits for accredited investors, according to two people aware of the development.“AIFs made a representation to Sebi last month to make the accreditation process more friendly for investors,” one of the people said on condition of anonymity. “Accredited investors also need proper incentives to grow this segment.

19.05 / 08:49

economy Yellow awards Research wellness Bill show Gold buying for investment purposes also makes it easier to reduce imports of actual bullion

Subscribe to enjoy similar stories.In prosperity, as in the hour of need, the thoughts of most Indians turn to gold. And with the steady drain on our foreign exchange reserves for over two years now, we have reached a stage as a nation when the question is being asked whether we could utilize the idle gold hoards of the people to see us through the critical years ahead. No less a person than the Prime Minister voiced this feeling at a recent meeting.” These words were written in 1958 by I.G.

19.05 / 08:49

markets Manufacturing Enterprise Research trends electronic Updates Amber faces near-term margin pain, but its changing revenue mix can be a saviour

Subscribe to enjoy similar stories.Amber Enterprises India Ltd exited FY26 with a healthy 22% year-on-year revenue growth at ₹12,186 crore, driven by its consumer durables and electronics segments.However, management has flagged margin pressure building in its core consumer durables business amid soaring input and labour costs.The consumer durables division — which contributes nearly 72% of total revenue and includes room air-conditioners (RAC) and related products — remains the backbone of the company.Despite Q4 being seasonally strong for AC companies, segment margins dropped to 7.5% in Q4FY26 from 8.4% in Q4FY25.For the full year, margins slid to 7.1% in FY26 from 7.7% last year.Copper-clad laminate and gold prices have risen over 60% in the past year, while minimum wages have increased sharply in key states such as Haryana and Uttar Pradesh.Amber has implemented a cumulative RAC price hike of around 14%. However, in consumer durables, price pass-through typically takes one quarter, while in PCB manufacturing it can take nearly two quarters.As a result, management has guided for a temporary margin decline of 50–100 basis points over the next few quarters.Amber already operates at sub-10% Ebitda margins.

19.05 / 08:49

markets COST UPS Citi Gap ICE Cycling From green dream to cost shield: How to make your EV truly value for money

Subscribe to enjoy similar stories.Electric mobility in India has moved from being an environmental statement to an economic necessity.An expected yet sudden ₹3-per-litre fuel hike, along with government austerity measures such as remote-work mandates to conserve foreign reserves, has intensified the pressure on internal combustion engines. Electric vehicles (EVs) are no longer futuristic alternatives — they are increasingly financial hedges against fuel volatility.But unlocking their full value requires new habits.

19.05 / 04:39

COST UPS Target President War Inside Russia’s war is going badly—on the ground and in the air

Subscribe to enjoy similar stories.KYIV—Ukraine’s military has wrestled Russia’s much-larger army almost to a halt in recent months, having gained a tactical and technological edge.This summer will test whether it can turn that slender advantage into a strategic turning point.Fast-improving Ukrainian drone capabilities are hurting the invaders’ logistics behind the battlefield, and pounding oil infrastructure and military targets deeper inside Russia.“We are not only holding the line, but we are also increasing pressure,” Ukrainian Defense Minister Mykhailo Fedorov said in April. Russia’s monthly casualties now exceed its army recruitment, he said.

19.05 / 04:39

markets UPS Manufacturing economy Enterprise Trade cover The mounting stress in the unorganized sector, explained in 5 charts

Subscribe to enjoy similar stories.For decades, India’s unorganized sector has remained a mainstay of employment in the economy, even as its share of economic output has declined.Large companies and factories have failed to generate jobs at the pace required to absorb a growing labour force. In that vacuum, the unorganized sector—small shops, workshops, grocery stores, tiny manufacturing units and street vendors—remains the fallback.Yet compiling reliable data on these enterprises has long been a challenge.

19.05 / 04:39

markets President War country Xi Jinping is now the world leader he wanted to be, but it has come at a cost

Subscribe to enjoy similar stories.The arrival Tuesday of Russian President Vladimir Putin in Beijing will mark a watershed moment for Chinese leader Xi Jinping, one that he has pursued since taking power in 2012—and bet his country’s future to achieve.Welcoming Moscow’s ruler just days after President Trump’s motorcade swept out of the Chinese capital represents, for Xi, a vindication of 14 years of relentless economic competition with the U.S. and his strategic embrace of the Kremlin through the Ukraine war.

19.05 / 04:39

markets Trade President War Updates peace Trump says he will hold off on Iran attack as ‘serious negotiations’ are under way

Subscribe to enjoy similar stories.WASHINGTON—President Trump said he would hold off on a planned U.S. attack on Iran at the request of Gulf leaders to make room for negotiations with Tehran over a prospective deal to end the war.In a social-media post on Monday, Trump said he had directed Defense Secretary Pete Hegseth and other U.S.

19.05 / 03:41

UPS cover exclusive testing Colleges Updates How alumni health plans differ from individual insurance policies

Subscribe to enjoy similar stories.A college senior called recently with a practical problem. He had suffered a cardiac episode some years ago and was finding it difficult to now increase his health cover. Every insurer he approached either declined or imposed permanent exclusions on cardiac conditions.

19.05 / 02:53

markets UPS film War cover Updates Nifty may rebound toward 23,800 as FPIs prune bearish bets

Subscribe to enjoy similar stories.Foreign portfolio investors (FPIs) slashed some of their bearish positions in Nifty and Bank Nifty derivatives, while also turning buyers in the cash market, on hopes of a rebound in Indian equities amid elevated oil prices.FPIs were net buyers of shares worth a provisional ₹2,813.69 crore on Monday, according to BSE data, helping the market pivot from deep intraday losses to end in the green.Nifty recovered 333 points from its intraday low of 23,317.10 to close at 23,649.95, up 0.3% from Friday’s close.Alongside FPI inflows, domestic institutional investors bought shares worth ₹2,682.12 crore, as per provisional exchange figures.The rebound was driven not just by institutional cash buying, but also by FPIs squaring off short index call positions and trimming short hedges in Nifty and Bank Nifty futures on Monday.FPIs cut short call positions by a sharp 42,153 contracts, taking cumulative net shorts to 214,366 contracts — implying expectations among some of a bounce on Tuesday, which coincides with weekly Nifty expiry, per NSE data.Additionally, long-term foreign funds reduced their bearish Nifty and Bank Nifty futures positions by 6,641 contracts to a cumulative 209,866 contracts.On balance, traders sold 134 Nifty puts against 100 Nifty calls expiring Tuesday, up from 97 puts sold against 100 calls on Friday.The higher proportion of puts sold relative to calls indicates optimism about a rally of at least 1% from Monday’s close, according to NSE data.Based on NSE options data, Nifty could test 23,800 on Tuesday.

19.05 / 02:53

markets Target Food poverty country Updates Don’t let people slip back into poverty: fiscal and monetary policy must work in tandem to shield the vulnerable

Subscribe to enjoy similar stories.In a reminder that the inflation beast is never fully tamed, but can at best be forced to retreat temporarily, wholesale price inflation in India jumped to a 42-month high of 8.3% in April. That’s more than double the previous month’s 3.9% and a far cry from the 0.9% recorded a year ago. The longer global oil supply remains disrupted, the likelier it will go into double digits.And with diesel and petrol filling-station prices hiked only in May (and more hikes likely), it is just a matter of time before retail inflation, already at a 13-month high of 3.5% in April, increases.

19.05 / 02:53

markets UPS Aware War reports Updates Mint Quick Edit | Why US sanctions on the purchase of Russian oil help nobody—not even America

Subscribe to enjoy similar stories.America has reportedly extended the waiver of its sanctions on purchases of Russian crude oil by another 30 days, just days after it expired. This reduces uncertainty over India’s oil imports from Russia, even as New Delhi has made it clear that India’s oil-buying is not affected by third-party impositions.

19.05 / 00:15

markets IPO Parke War track travelers Updates Office Reits eye AI-resilient, GCC-driven tenant portfolios, acquisitions to expand

Subscribe to enjoy similar stories.Bengaluru: India’s listed office real estate investment trusts (Reits) are building artificial intelligence-resilient, GCC-driven tenant portfolios as they focus on expansion through acquiring premium assets and increasing occupancy in FY27.Reits have emerged from a strong year with good leasing and increased demand from global capability centres (GCCs). The publicly listed office Reits in the country—Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust (Biret) and Knowledge Realty Trust (KRT)—have seen their net operating income, occupancy levels and distribution grow in FY26.Bagmane Prime Office REIT was the fifth and latest to list in May.

18.05 / 18:39

Virus outbreak reports travelers ebola International India takes precautionary measures as WHO declares Ebola an emergency

Subscribe to enjoy similar stories.The Union health ministry has initiated strict precautionary public health measures amid the spreading Ebola outbreak in Central Africa, according to two officials familiar with the matter.The outbreak, driven by the Bundibugyo virus strain, has rapidly intensified across the Democratic Republic of Congo and Uganda.The move follows the World Health Organization’s declaration of the Ebola Virus Disease outbreak as a Public Health Emergency of International Concern.The epidemic, according to the latest WHO situation reports, has already resulted in at least 246 suspected cases and 80 suspected deaths in the Democratic Republic of Congo’s Ituri province alone. Cross-border transmission has also been confirmed, with imported cases reported in the Ugandan capital, Kampala, signalling a high risk of regional spread due to intense population mobility and trade links.Key components of India’s preparedness strategy include a comprehensive review of standard operating procedures governing passenger screening, surveillance, quarantine measures and clinical case management.

18.05 / 16:55

markets Platform Assurant patient medicines Updates Pharmaceuticals Nationwide chemist strike on 20 May loses steam as key states withdraw support

Subscribe to enjoy similar stories.A nationwide pharmacy strike planned for 20 May has been severely weakened after retailer associations in 12 major states, including West Bengal, Maharashtra and Uttar Pradesh, withdrew their support. The pullout followed a decision by the Central Drugs Standard Control Organisation (CDSCO), the national drug regulator, to review retail and online pharmacy operations, according to two officials familiar with the matter, who requested anonymity.The All India Organisation of Chemists and Druggists (AIOCD), representing over 1.2 million retailers, had called for the shutdown to protest the unregulated growth of e-pharmacies.

18.05 / 13:57

markets UPS Target security Strategy reports Updates Vodafone Idea draws up ₹1 trillion cash strategy amid dues, capex push

Subscribe to enjoy similar stories.Telecom operator Vodafone Idea Ltd on Monday laid out an ambitious financial roadmap to generate and secure over ₹1.08 trillion in cash over the next three years, betting on a sharp rise in operating earnings, possible bank debt funding, income tax-related recoveries and promoter support to fund its turnaround.The telecom operator has to pay ₹49,000 crore towards spectrum dues over the next three years, execute a capital expenditure plan of ₹45,000 crore for network expansion and upgrades, and meet interest payments of about ₹5,000-6,000 crore to service bank debt, taking its cumulative outgo to nearly ₹1 trillion.“...we are very confident that with the bank loan for the capex and for the Ebitda addition, we will be able to fulfil all our obligations across the next three years,” Vodafone Idea’s chief financial officer, Tejas Mehta, told analysts during the Q4 earnings call. Ebitda is short for earnings before interest, taxes, depreciation and amortization.As of the end of March, the telecom operator had a cash and bank balance of ₹3,715 crore.

18.05 / 13:01

markets COST UPS trends show reports Updates IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge

Subscribe to enjoy similar stories.MUMBAI: Beneath the one-time profit hit from the ₹590 crore Chandigarh fraud, IDFC FIRST Bank’s March-quarter (Q4FY26) earnings revealed a deeper concern: deposit growth slowed sharply after the incident dented depositor confidence.The private sector lender’s customer deposits rose just 1% sequentially during Q4 to ₹2.84 trillion, even as Indian banking sector deposits rose 13.5% year-on-year (y-o-y) to ₹262.3 trillion during the per, up from 10.3% growth a year earlier, according to Reserve Bank of India data.“We saw an increase in total deposits by about 16.8% on a YoY basis…The growth was modest at 1% during the quarter…There was also an impact of the one-off fraud incident, which occurred during the quarter,” chief financial officer Sudhanshu Jain had said during the bank’s post-earnings analyst call on 25 April.On 23 February, the lender disclosed a ₹590 crore fraud at its Chandigarh branch, where employees carried out unauthorized transactions in accounts linked to the Haryana government, creating a deposit balance discrepancy. The bank has since paid the state government ₹590 crore, suspended the employees involved and filed police complaints against them.During earnings call, the bank said it had fully expensed the impacted amount in Q4FY26 and was “reasonably certain” no further material financial adjustments would be required beyond those already recognized.While IDFC FIRST Bank was not accused of direct wrongdoing, the incident triggered reputational concerns and weighed on deposit flows during the quarter.

18.05 / 12:11

markets COST UPS Manufacturing CEO reports Cruel summer: How Iran war shocks are silently gutting corporate profits

Subscribe to enjoy similar stories.As the West Asian crisis broke out late February, Sunil JhunJhunWala, managing director and co-founder of Tiruppur-based Techno Sportswear Pvt. Ltd, an active wear brand, moved fast.The disruption to the movement of ships through the Strait of Hormuz, he rightly surmised, would affect the supply of polyester filament yarn (PFY)–a raw material derived from crude oil—which he imports from China.

18.05 / 12:11

UPS track reports travelers Department Courts Videos Finance ministry asks banks, insurance companies for cost cutting, move to EVs

Subscribe to enjoy similar stories.The finance ministry, on Monday, has directed all public sector banks, insurance companies, and financial institutions to implement austerity measures, including switching to electric vehicles (EVs), curtailing foreign travel, and shifting to video conferencing for meetings, as the government moves to reduce expenditure and protect the country's financial system from economic instability due to the West Asia war.“All organisations may aim at replacing the petrol and diesel cars hired by them in their head offices and branch offices with electric cars as far as possible,” according to an official circular of the department of financial services (DFS) reviewed by Mint.Earlier this month Prime Minister Narendra Modi had made seven big appeals, austerity measures so to speak, to cushion India from the economic uncertainties arising from the prolonged West Asia war. These included conserving petrol and diesel by using public transport and metro; avoiding purchasing gold for a year, and restricting foreign travel to conserve forex."It is time for us to use petrol, diesel and gas with great care,” Modi said on Sunday while inaugurating projects in Hyderabad, Telangana.