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Mumbai: At 3:50 am on a quiet Kolkata morning, 35-year-old numerologist Vivek Baid woke up to a string of notifications that would upend his day. One message became two, then three. By 4 am, he had received eight transaction alerts for his forex card.

Subscribe to enjoy similar stories. U.S. importers on Tuesday will no longer have to pay most of the sweeping tariffs President Trump imposed last year.

Subscribe to enjoy similar stories. NEW DELHI: As part of India’s playbook to diversify its critical mineral and rare earth supplies, India on Saturday inked a pact with Brazil.

Subscribe to enjoy similar stories. President Trump still has three years left in office. Yet the Supreme Court’s ruling Friday that most of his tariffs are illegal has given the world a glimpse of U.S.

Subscribe to enjoy similar stories. The US Supreme Court’s ruling blocking the use of emergency powers under the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs has significantly narrowed the executive branch’s trade toolkit. While the administration can still pursue tariffs under other statutes, those routes are more constrained, procedurally demanding and legally vulnerable.

Subscribe to enjoy similar stories. Under the interim trade agreement with the US, India has allowed the import of an animal feed item called distillers dried grain with solubles (DDGS), which is made from genetically modified (GM) corn. This has rekindled the debate on the use of transgenics in the farm sector, in addition to concerns that imports may indirectly impact farm gate prices for Indian soy and corn farmers.

Subscribe to enjoy similar stories. NEW DELHI : A step-down subsidiary of Adani Enterprises Ltd, the group's flagship company, inked a deal with Italian helicopter maker Leonardo to make, maintain and repair military choppers in India—the second such partnership in as many weeks after the firm stitched a partnership with Brazil's Embraer to make aircraft. Adani Aerospace and Defence, a wholly owned subsidiary of Adani Defence Systems and Technologies Ltd, and Leonardo signed the partnership on Tuesday.

Subscribe to enjoy similar stories. NEW DELHI : Despite Indian exports attracting higher tariffs in the US market than Chinese shipments, the China-plus-one strategy remains relevant for multinational firms, chief economic adviser V. Anantha Nageswaran said in an interview.

Subscribe to enjoy similar stories. NARENDRA MODI’S guests of honour at Indian Republic Day on January 26th will not just be there to witness the pomp and parades. India’s prime minister has invited the European Union’s two top officials, Ursula von der Leyen, president of the European Commission, and António Costa, president of the European Council, which represents the EU’s member states.

Subscribe to enjoy similar stories. NEW DELHI : In 2024, Indrani Sen, a Mumbai-based food blogger, was distressed by the growing distance with her then 16-year-old daughter. The digital-savvy 47-year-old found the solution in Pengu—a mobile app she installed on both their phones that let them raise an artificial intelligence (AI) pet penguin together.

Subscribe to enjoy similar stories. State-run Bharat Petroleum Corp. Ltd (BPCL) will sign a contract with Brazil's Petrobras next week to supply 12 million barrels of crude oil a petroleum ministry statement said, as India continues to diversify its sourcing beyond Russia and West Asia.

Subscribe to enjoy similar stories. WASHINGTON—The State Department will indefinitely pause immigrant visa processing for 75 countries as part of the Trump administration’s ongoing effort to block low-income foreigners from immigrating to the U.S. The pause takes effect starting Jan.

Subscribe to enjoy similar stories. MUMBAI: A global glut of high-grade iron ore is reshaping India’s raw material economics—and pushing steelmakers to import more at home’s expense. The country's iron ore imports climbed to a seven-year high in 2025, as shortages of high-grade domestic ore, softer international prices and logistical challenges pushed steelmakers to look overseas—raising concerns over raw material security just as capacity expansion accelerates.

Removing Venezuela’s dictator introduced ‘Trump’s Corollary’ in Latin America with an exclamation point. The White House’s updated take on the Monroe Doctrine had its baptism of fire on Saturday, when US forces captured Nicolás Maduro at his Caracas stronghold, decapitating the Chavista regime responsible for bankrupting one of the world’s richest oil nations. Less than a month after Washington unveiled a new National Security Strategy pledging to restore American pre-eminence in the Western Hemisphere—by force if necessary—Maduro and his wife were on their way to New York to face “narco-terrorism” charges.

Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected] Nifty 50 and S&P BSE Sensex are among the worst performers globally, even as markets elsewhere surge: South Korea’s Kospi leads with 67.5% gains in 2025 so far, followed by Brazil at 31.6% and Hong Kong’s Hang Seng at 28%.Indian equities trailing global peers this year has prompted investors to ask whether this is a passing phase or a deeper trend.

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A sharp rise in exports in November, aided by a low base, helped pull India sharply ahead of other emerging market (EM) peers, as shown by the latest Mint's Emerging Market Tracker, even as the rupee and stock market performance remained weak. India, with a composite score of 71, was way ahead in the race.

Bajaj Auto Ltd is crafting a turnaround for KTM, its biggest acquisition, to boost profitability even as it loses market share in its home market.Pune-based Bajaj Auto will look to discontinue smaller brands under KTM, rejig core operations and unlock synergies between the supply chains of Bajaj and KTM to reduce costs, according to management commentary during the earnings call and meetings with analysts.“After the KTM acquisition, Bajaj Auto would now focus on the restructuring of the core operations. They would also look to leverage synergy benefits in manufacturing operations, the supply chain, and the distribution network,” analysts at Motilal Oswal wrote in a 15 December note after meeting Bajaj Auto's leadership team.A revival plan for KTM is aimed at bolstering its premium offerings, as its exports remain profitable, while India’s fourth-largest two-wheeler maker’s domestic market share continues to decline.Bajaj Auto acquired struggling motorcycle maker KTM for about €800 million.

Subscribe to enjoy similar stories. Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.

The feeble outcomes of this year’s UN climate summit, CoP-30, held at Belém in Brazil were a reflection of today’s geopolitical realities. The US does not recognize the threat of global warming, while several other large economies like Russia, China and India are in no mood to embark on a roadmap to phase out fossil fuels.

Subscribe to enjoy similar stories. NEW DELHI : India's auto emissions roadmap is so conservative that it falls short of the industry's own targets for electric vehicle sales, two international agencies said. The US-based International Council on Clean Transportation (ICCT) and the Geneva-based International Road Federation (IRF) have separately urged New Delhi to reconsider further concessions under India's upcoming Corporate Average Fuel-Efficiency (CAFE) norms.