City New Delhi Financial News

14.02 / 01:59

markets Manufacturing Mobile Sustainability Trade electronic reports Need higher value-addition in electronics export, says Niti Aayog

Subscribe to enjoy similar stories. NEW DELHI : The electronics sector has emerged as India's second-largest export segment after petroleum products, but sustaining this momentum will require a shift from assembly-led growth to deeper component manufacturing and a stronger integration into global value chains for higher value goods, Niti Aayog said in the sixth edition of its Trade Watch Quarterly (Q2 FY26) on Friday.

13.02 / 14:59

Provident Manufacturing Platform Action Trade information reports CCPA fines Snapdeal ₹5 lakh for selling non-BIS certified toys

Subscribe to enjoy similar stories. NEW DELHI : The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹5 lakh on Snapdeal (Ace Vector Ltd) for facilitating the sale of toys that did not conform to Bureau of Indian Standards (BIS) norms, holding that marketplace platforms cannot evade accountability by claiming intermediary status when consumer safety is at stake. The order, reviewed by Mint, said the national consumer rights watchdog found non-compliant toys continued to be listed, hosted, and sold on the platform even after the Toys (Quality Control) Order, 2020, came into force on 1 January 2021.

13.02 / 13:41

UPS Citi Strategy economy Department recommendations Traffic Mint Explainer | Why Niti Aayog recommends congestion pricing to discourage excess usage of private vehicles

Subscribe to enjoy similar stories. NEW DELHI: A Niti Aayog study on decarbonizing India's transport sector published earlier this week called for congestion pricing to disincentivize private vehicle ownership. Congestion pricing is a strategy to charge vehicle drivers a fee to enter high-traffic urban areas during peak hours.

13.02 / 01:17

UPS Entertainment Food show reports Mint Explainer: New basket, same inflation story? The math behind India’s CPI reset

Subscribe to enjoy similar stories. NEW DELHI : India’s inflation basket has witnessed a sharp reset after over a decade, and it proved to be an anticlimax of sorts. Going into the inflation data released on Thursday, the hypothesis was: Our inflation measurement was highly outdated, and the monthly numbers we got—and, by extension, our monetary policy decisions—may not have been grounded in reality for some years.

12.02 / 09:47

COST Provident Manufacturing security Mobile country reports Delhi joins the Centre's e-bus payment security scheme

Subscribe to enjoy similar stories. NEW DELHI : The national capital, India’s largest market for electric buses, has been included in the PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme that has already onboarded 15 Indian states, two government officials aware of the development said. The Centre has also released the first tranche of ₹500 crore for the ₹3,435.33-crore scheme, envisioned to provide payment security in the event of default by public transport authorities (PTAs) to e-bus bidders, operators, or original equipment manufacturers, the people added, on the condition of anonymity.

12.02 / 08:01

markets COST UPS Strategy Trade show India backs carbon capture push to shield steel exports from EU carbon tax

Subscribe to enjoy similar stories. MUMBAI/NEW DELHI: The Centre plans to financially support carbon capture technology for India’s steel sector, betting on it as a practical way to cut emissions while protecting exports from the European Union’s (EU) upcoming carbon tax. The Union budget for FY27 has allocated ₹20,000 crore for carbon capture, a move expected to benefit steelmakers the most.

12.02 / 00:35

COST security Trade President love Diversity reports From Caracas, with love: How Venezuela's reopening helps India's energy agenda

Subscribe to enjoy similar stories. New Delhi is positioning for an oil windfall from Venezuela, as the South American nation prepares to re-route hundreds of thousands of crude oil barrels currently shipped to China. As American sanctions on Venezuela end, Caracas may dispatch to India and the US 400,000 barrels per day that it now sends to Beijing, three people aware of the matter said.

12.02 / 00:35

markets COST Citi security Highways Cycling testing Mahindra, Tata win emission test relief for light commercial vehicles even as small car tussle continues

Subscribe to enjoy similar stories. NEW DELHI : Mahindra and Mahindra Ltd (M&M) and Tata Motors Ltd secured an early win in emission testing rules for light commercial vehicles, even as they oppose Maruti Suzuki India Ltd.’s demand for relief for small cars under the separate fuel-efficiency norms.

11.02 / 15:11

Manufacturing Death stage audience Schools Courts polo Priya Kapur steps into spotlight at Sona Comstar as family feud continues

Subscribe to enjoy similar stories. New Delhi: From visiting Sona Comstar’s manufacturing and R&D facilities to presenting a Harvard Business School case study on the company's turnaround led by her late husband Sunjay Kapur, Priya Sachdev Kapur is making her presence felt at India’s eighth-largest auto component maker, even as a court battle over control of the promoter entity continues.

11.02 / 15:11

markets COST UPS Cooper Corning Food Trade Cheaper US feed, fatter margins: Dairy association chief backs DDGS deal

Subscribe to enjoy similar stories. New Delhi: India’s decision to allow imports of dried distillers grains with solubles (DDGS) under the interim trade framework with the US will help bridge the country’s protein deficit in animal feed and offer a cost-effective alternative to conventional feed ingredients, the chief of the Indian Dairy Association (IDA) said. Affordability is a key concern for small and marginal dairy farmers, as fodder accounts for nearly 60% of the cost of milk production.

11.02 / 14:19

UPS FIVE Platform Strategy Mobile Enterprise Without tariff hike, telcos' growth eases to six-quarter low

Subscribe to enjoy similar stories. NEW DELHI : India’s telecom sector growth slowed to a six-quarter low in the December quarter despite higher data consumption and growth in home broadband subscriptions, as the benefits of earlier tariff hikes had largely run their course, analysts said. During the third quarter of 2025-26, the telecom operators’ revenue rose 2% quarter-on-quarter and 9% year-on-year to ₹72,700 crore.

11.02 / 12:09

COST Digital Platform Instagram social reports Destinations AI rules: 2-hour deepfake takedown timeline lands Big Tech in compliance furore

Subscribe to enjoy similar stories. NEW DELHI: India’s first-ever artificial intelligence (AI) law, notified on Tuesday, may set Big Tech scrambling to put in place adequate content moderation teams after New Delhi drastically shortened timelines for taking down deepfake posts with nudity, defamatory and other illicit content. The Centre has maintained that most technology firms are well-equipped to automate scanning and curb harmful content online.

11.02 / 10:27

markets exclusive outbreak testing Department prevention Vaccines India to centralize testing of 42 veterinary vaccines under regulatory overhaul

Subscribe to enjoy similar stories. NEW DELHI: India plans to centralize testing and quality control of 42 essential veterinary vaccines at a single national laboratory, replacing a fragmented system that allows self-certification and state-level testing, according to two government officials and a document reviewed by Mint.

11.02 / 00:49

Provident FIVE Aware Trade country India likely to maintain Chabahar presence even as US sanctions loom

Subscribe to enjoy similar stories. New Delhi: India is working on a playbook to operate the Chabahar port in Iran after the US waiver on sanctions against Tehran ends in March, said two people aware of New Delhi’s stance to balance its ties with its longtime Persian Gulf trade partner and the world’s largest economy. As the geopolitical situation eases and if sanctions on infrastructure are lifted, India would look at ways to remain engaged and operate the terminal given its strategic significance, said the first person quoted earlier, speaking on the condition of anonymity.

11.02 / 00:49

markets COST Provident Mobile Research performer testing Crash course: How India is strengthening the four pillars of the car testing world

Subscribe to enjoy similar stories. New Delhi is supercharging the four testing agencies behind India's vehicle standards, crash tests and technology research, at a time new power trains and connectivity tech crowd the automotive assembly line.

10.02 / 12:13

markets FIVE Research pandemic show electronic Computer sales hit a new record in 2025 as users look to replace covid-era laptops

Subscribe to enjoy similar stories. New Delhi: Computer makers sold a record 15.9 million personal computers including 11.4 million laptops in India in 2025, according to data from Counterpoint and two other market research firms.

10.02 / 10:27

markets Provident Target Sustainability country reports recommendations CAFE-III: Small-car relaxations are still on the table

Subscribe to enjoy similar stories. NEW DELHI : The proposal of relaxing emission targets for small cars under the next phase of corporate average fuel efficiency, or CAFE-III, norms is still being discussed, power ministry secretary Pankaj Agarwal told Mint on Tuesday. “The relaxation for small cars has not been dropped.

10.02 / 01:53

Waves trends Trade Mint Quick Edit | Foreign buyers of Indian equity are back at last: Will this trend endure?

Subscribe to enjoy similar stories. Foreign investment in Indian equities got off to a good start in February. By Friday, more than ₹8,100 crore worth of Indian shares had been bought by foreign portfolio investors.

10.02 / 00:35

markets Action security Research Trade students reports Jane Street continues with its IIT hirings amid regulatory imbroglio

Subscribe to enjoy similar stories. NEW DELHI/MUMBAI : Even as it battles India’s market regulator, high-frequency trading (HFT) firm Jane Street has made its presence felt at the country's top institutes with marquee offers. The firm has hired students from Indian Institute of Technology (IIT) campuses and could once again emerge as their highest-paying recruiter.

10.02 / 00:35

markets COST security wellness Labrador reports testing From Canada to Gadchiroli: Inside Tata Steel’s race to secure raw material after it loses legacy mines

Subscribe to enjoy similar stories. MUMBAI , NEW DELHI : For years, iron ore was one thing Tata Steel never lost sleep over. Owning captive mines meant predictable supply, stable costs and a structural edge over rivals who depended on expensive mines acquired through auctions or remained at the mercy of the markets.

10.02 / 00:31

markets UPS Target Strategy President country reports JK Lakshmi Cement bets on capacity expansion to protect, grow market share amid industry-wide additions

Subscribe to enjoy similar stories. MUMBAI , NEW DELHI : JK Lakshmi Cement Ltd is sharpening its focus on protecting and selectively gaining market share in its core regions of North, West and East India, even as the country’s cement industry enters a phase of aggressive capacity additions by larger peers. The Singhania family-owned company, amongst the top 10 cement-makers of the country, recently announced a ₹3,000 crore expansion plan focusing on its core markets.

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