City New Delhi Financial News
18.02 / 02:25
markets
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War
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Updates
Mint Quick Edit | Why India’s Rafale deal with France has been called the ‘deal of the century’
The agenda for French President Emmanuel Macron’s India visit this week is expansive, with everything from the shape of global AI rules to the Russia-Ukraine war up for talks. What takes the spotlight, though, is the reported deal for 114 Rafale fighter jets (plus munitions) that India wants to buy from France for $40 billion.
18.02 / 00:53
Provident
FIVE
SUN
Gap
Software
Remark
Vinod Khosla predicts AI will kill Indian IT sector in five years
Subscribe to enjoy similar stories. NEW DELHI : India’s technology outsourcing services are likely to “die out" over the next five years, as artificial intelligence automates most software programming and quality engineering tasks, according to Vinod Khosla, founder of Khosla Ventures and early-stage investor in OpenAI—the world’s most valuable AI startup.
18.02 / 00:53
COST
CEO
Platform
Action
wellness
film
Actor
Algorithm action: AI platforms disrupt silver screen at India AI Film Festival
Subscribe to enjoy similar stories. New Delhi: The traditional red carpet at the India AI Film Festival and the AI Impact Summit this week had a distinctively digital sheen. Amidst the usual chatter of cinematography and casting, a new breed of exhibitors, AI platform developers, are spending the week pitching a radical proposition to India’s creative core: the end of the ‘producer hunt’.
18.02 / 00:53
markets
COST
Strategy
Mobile
Research
Commentary
Bhavish Aggarwal’s flip-flops raise questions about Ola Electric’s future
Subscribe to enjoy similar stories. New Delhi: Ola Electric Mobility Ltd’s ever-changing commentary on every aspect of the business has left industry observers and analysts questioning the company’s future.
17.02 / 11:41
COST
UPS
Sustainability
exclusive
testing
India's bankruptcy process set for major revamp: IBBI wants commercial prudence, more transparency
Subscribe to enjoy similar stories. NEW DELHI: The viability of businesses entering bankruptcy proceedings should be tested in the first month before they’re allowed to operate as going concerns, the Insolvency and Bankruptcy Board of India (IBBI) has proposed in a set of new draft regulations.
17.02 / 08:51
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Aviat
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International
IndiGo eyes 275 daily additional flights this summer, but growth still capped by crew and compliance constraints
Subscribe to enjoy similar stories. NEW DELHI : India’s largest airline, IndiGo, has sought approval to operate at least 275 additional daily flights, about a 15% increase over its current 1,900-odd departures, during the summer schedule from April to October, according to a presentation made to the Directorate General of Civil Aviation (DGCA). If approved, the airline would operate around 2,175 daily flights—about 8% higher than the 2,022 flights it flew last summer.
17.02 / 02:35
UPS
Digital
economy
wellness
Healthcare
country
inclusion
New Delhi’s AI Impact Summit should get more ambitious: Aim for substance beyond the spectacle
Subscribe to enjoy similar stories. Governments love global summits. They signal ambition, draw CEOs and leaders, and create the impression of shaping the future rather than chasing it.
17.02 / 00:57
Digital
track
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testing
medicines
Pharmaceuticals
India moves to bolster global trust in medicines with real-time tracking
Subscribe to enjoy similar stories. New Delhi: In a move to enhance transparency and curb corruption in India’s pharmaceutical regulatory process, the Union government is working on a plan to overhaul drug sampling and testing procedures, according to two officials and documents reviewed by Mint.
17.02 / 00:57
UPS
Digital
Platform
security
country
social
Amazon lauds new labour codes, says to scale up India e-commerce exports
Subscribe to enjoy similar stories. NEW DELHI : Welcoming India’s new labour codes that have brought gig and platform workers under a formal social security framework, Amazon.com Inc. chief global affairs and legal officer David A.
16.02 / 16:11
UPS
security
Food
Inside
audience
information
Courts
Quick commerce showcase to global audience trips on logistics issues
Subscribe to enjoy similar stories. NEW DELHI : Swiggy and IPO-bound Zepto's delivery operations inside the national capital's Bharat Mandapam on the inaugural day of the India AI Impact Summit were meant to showcase India's quick commerce prowess before a global audience. Instead, deliveries faltered and orders got cancelled through the chaotic day, with delivery executives as well as security personnel clueless on the hazy entry policies.
16.02 / 14:39
COST
Progressive
security
wellness
electronic
reports
testing
One year, 12 startups: India AI Mission faces its first real test
Subscribe to enjoy similar stories. NEW DELHI: India’s AI Impact Summit 2026 is emerging as an early gauge of whether the country’s state-backed artificial intelligence (AI) startups can demonstrate meaningful progress in a rapidly shifting global AI landscape, as companies backed under the government’s India AI Mission prepare to showcase their models this week.
16.02 / 08:39
markets
UPS
Action
Enterprise
Gartner
country
International
Market for apps, funding pitches to precede policy declaration at AI summit
Subscribe to enjoy similar stories. New Delhi: India’s AI Impact Summit, which opened on Monday with a series of high-level industry dialogues, is expected to boost funding and global collaboration opportunities for the country’s private enterprises, shifting focus away from a potential policy consensus among participating nations.
16.02 / 04:51
UPS
Manufacturing
Strategy
Hyundai
wellness
Interviews
International
JSW MG Motor bets on a $400 million offensive for new products, capacity
Subscribe to enjoy similar stories. NEW DELHI : JSW MG Motor India Ltd will invest about $400 million over the next four years to nearly triple its manufacturing capacity and accelerate its electric and hybrid vehicle push, managing director and chief executive Anurag Mehrotra told Mint in an interview. The Gurugram-based carmaker—a joint venture between Mumbai-headquartered JSW Group and China’s SAIC Motor—plans to expand capacity at its Halol plant in Gujarat from around 110,000 units annually to over 300,000 units in the next 12 to 18 months.
16.02 / 01:11
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social
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donates
India cracks down on professional blood donor rackets with tougher new rules
Subscribe to enjoy similar stories. New Delhi: The government has framed stringent new regulations and raised the entry barrier for setting up new blood banks and centres to curb the culture of replacement donation and ‘professional donors’ who increase the risk of transfusion infections.
16.02 / 01:11
markets
Manufacturing
Strategy
economy
Sustainability
Food
Trade
Brand India was a lost cause. But the FTAs are bringing it back.
Subscribe to enjoy similar stories. For decades, the 'Made in India' label sat uneasily on global retail shelves, signalling an easy pick for discount-hunter. Now, New Delhi is betting that a flurry of newly minted trade deals can flip that script, repositioning the world’s fastest-growing major economy as a producer of premium, high-margin goods to the world’s wealthiest consumers.
16.02 / 01:11
markets
COST
UPS
Digital
security
Research
country
Mint Primer | Why is there the hype around AI summit in India?
Subscribe to enjoy similar stories. India’s big-ticket push for global prominence in artificial intelligence begins on 16 February. The AI Impact Summit has driven hotel prices higher across New Delhi, and attendance rates for global heads of state match those seen when India hosted the G20 summit in 2023.
16.02 / 01:11
COST
Provident
Analysis
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Trade
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Updates
In a shift, lenders begin to dominate initiation of bankruptcy cases
Subscribe to enjoy similar stories. New Delhi: Financial creditors are now leading the charge at bankruptcy tribunals, overtaking the vendors and service providers who once dominated filings under the Insolvency and Bankruptcy Code (IBC). The shift marks a turning point in how the law is being used: less as a pressure tactic for recovering trade dues and more as a lender-driven restructuring framework.
15.02 / 10:15
COST
Progressive
Aware
Enterprise
wellness
Experts
innovations
No DeepSeek-like splash: India will showcase small AI, early startups at Summit starting tomorrow
Subscribe to enjoy similar stories. NEW DELHI : Despite global attention, India’s artificial intelligence (AI) startups and policymakers do not expect a “DeepSeek moment" to emerge from New Delhi’s weeklong AI gala beginning tomorrow.
14.02 / 01:59
Citi
Target
Gap
Compilation
wellness
Trade
cover
The week in charts: FPIs are back, net zero investment gap, rewiring crude purchases
Subscribe to enjoy similar stories. From foreign portfolio investments (FPI) making a come back to India in February after the trade deal framework with the US, to India already diversifying its crude oil import sources, Niti Aayog flagging the projected gap in investments to achieve the net-zero carbon emission target by 2070, and easing unemployment in India—here’s a compilation of this week’s news in numbers.Inflows return February is turning out to be a positive month for foreign portfolio investments (FPIs) in Indian equities as the country saw ₹18,771 crore worth of inflows until 12 February. This follows a sombre period of consistent outflows, with FPIs pulling out ₹62,000 crore in the previous three months.
14.02 / 01:59
COST
UPS
Trade
track
country
Saudi Arabia India’s top oil supplier in Feb as Russian flows recede after US trade deal
Subscribe to enjoy similar stories. New Delhi: Saudi Arabia has surpassed Russia as India’s top oil supplier so far this month after a price cut, signalling New Delhi’s effort to reduce imports from Moscow after its trade pact with the US. Saudi Arabia shipped 1.13 million barrels per day (bpd) in the first 10 days of February compared to 1.09 million bpd by Russia, according to data from global ship tracking firm Kpler.
14.02 / 01:59
COST
UPS
Target
security
Discover
track
country
Railways on a green track—eyes 3GW renewable energy for ₹18k crore
Subscribe to enjoy similar stories. New Delhi: In what will rank among the largest green energy tenders in the country, the Indian Railways plans to invite bids for 3 gigawatt (GW) renewable energy projects worth ₹18,000 crore in the next fiscal, according to two government officials aware of the development. The move is a part of the behemoth's playbook to become a net zero carbon emitter by 2030 while also significantly slashing its fuel costs.
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