City New Delhi Financial News

20.01 / 00:37

Provident FIVE Platform Sustainability Bill electronic reports Far from crash, talk on AI ‘just getting started’ in India: Netweb CMD

Subscribe to enjoy similar stories. New Delhi: Netweb Technologies, the youngest of India’s technology companies to have gone public, is banking on sustained demand for homegrown artificial intelligence (AI) tools, platforms and applications to sustain strong growth over the next three to five years, a top company executive told Mint on Monday. In an interview, Sanjay Lodha, chairman and managing director of Netweb, said demand for AI “is far from facing a crash—in fact, in India, the conversations are just getting started." “We are seeing a lot of clients talk about AI spending, and it is only in the past few months that India has begun seriously spending on AI infrastructure and services," Lodha told Mint.

19.01 / 12:05

markets IPO Provident Platform security Research Trade In Dalal Street’s gold rush, some winners are selling the shovels

Subscribe to enjoy similar stories. New Delhi: His name never crops up in modern investment literature, and yet in a more clear-eyed world, Samuel Brannan would have been anointed the patron saint of market acumen. Or at least would have chapters dedicated to him in business school textbooks.

19.01 / 00:31

COST Target Aware Manufacturing security country India’s solar power developers are saddled with unsold capacity. Now they face another risk

Subscribe to enjoy similar stories. NEW DELHI : A spike in prices of solar modules is expected to raise costs and tariffs for projects under construction, even as multiple solar projects languish for want of power purchase contracts. Solar module prices have surged by roughly a third since late December, thanks to soaring prices of silver and aluminium, a weaker rupee, and a global scramble for components after China tightened wafer quotas and signalled a rollback of a 9% value-added tax refund.

19.01 / 00:31

UPS Aviat CEO Airlines security show rowing A penalty and a warning later, haze persists over IndiGo pilot hirings

Subscribe to enjoy similar stories. NEW DELHI/MUMBAI : The Directorate General of Civil Aviation’s (DGCA) decision to impose a financial penalty and issue a warning to IndiGo chief executive officer (CEO) Pieter Elbers and chief operating officer (COO) Isidre Porqueras over the weekend has ended more than a month-long regulatory row with the country’s largest airline that was triggered by widespread flight cancellations early December. While the move lifts the immediate regulatory overhang, questions remain over whether IndiGo can realistically induct enough pilots to meet India’s staffing and flight duty norms, according to four consultants and pilots.

18.01 / 14:33

Pool Healthcare President students testing prevention Colleges Explainer: Why lowering the NEET-PG qualifying cut-off has triggered a storm?

Subscribe to enjoy similar stories. New Delhi: India’s National Board of Examinations in Medical Sciences (NBEMS) on 13 January lowered the qualifying cut-off marks for the National Eligibility-cum-Entrance Test for Postgraduate (NEET-PG) 2025 in a bid to fill vacant postgraduate medical seats.

18.01 / 12:17

UPS Mobile Sustainability Cycling innovations patient International Climate funding: Why PSUs are stepping in where VCs fear to tread

Subscribe to enjoy similar stories. New Delhi: Neiox Eco Cycle isn’t the sort of startup you read about every day. It isn’t solving for fashion, food or grocery delivery.

18.01 / 07:47

markets COST Provident Booking security performer Steel prices hiked for the second time in two weeks as import curbs take effect

Subscribe to enjoy similar stories. MUMBAI : Domestic steelmakers raised prices twice in January, within weeks of New Delhi imposing a safeguard duty on steel imports, as stronger construction demand, low inventories and improving market sentiment gave mills room to push through hikes. Prices of hot-rolled coil (HRC) and cold-rolled coil (CRC) were increased by 4% to Rs.51,700 per tonne in the second week of January, after a 2-4% hike in early January 2026, according to Big Mint, a commodities market intelligence.

17.01 / 12:17

markets COST UPS Enterprise Food Experts Updates Budget may allocate ₹28,000 crore to food processing schemes to aid farmers

Subscribe to enjoy similar stories. New Delhi: The Centre is considering a significant expansion of its flagship food processing schemes, with a proposed allocation of around ₹28,000 crore over the next five years in the upcoming Union budget to boost value addition, reduce post-harvest losses and improve farmers’ incomes through better market linkages, according to two government officials aware of the matter.

17.01 / 00:13

Experts information Department patient Courts rights International Govt treads with caution as it plans to reopen tax case against Tiger Global

Subscribe to enjoy similar stories. New Delhi: Armed with a favourable Supreme Court decision, India’s tax authority plans to proceed with caution while reopening assessment against Tiger Global Management LLC’s 2018 stake sale in Flipkart Pvt., respecting the company’s right to appeal, according to two officials familiar with the matter.

16.01 / 14:27

Provident show cover Department Courts Tax trouble: The Indian Supreme Court’s Tiger Global judgement could potentially put foreign investors off

Subscribe to enjoy similar stories. The Supreme Court judgement in the case of Tiger Global’s tax liability has, contrary to expectations, gone against the assessee and in favour of India’s revenue authorities. The brief facts are as follows.

16.01 / 07:23

Virus outbreak isolate prevention infection symptoms Vaccines Mint Explainer | Understanding the Nipah virus threat in West Bengal and what the government is doing to contain it

Subscribe to enjoy similar stories. India launched a surveillance drive following the identification of two suspected cases of Nipah virus (NiV) in West Bengal on 11 January. With two patients—both nurses—under observation at the All India Institute of Medical Sciences (AIIMS) at Kalyani in West Bengal, the Central government has activated the Public Health Emergency Operations Centre (PHEOC) in New Delhi.

15.01 / 09:55

Platform Action Trade information reports Department prevention Flipkart, Meta penalised for misleading walkie-talkie listings

Subscribe to enjoy similar stories. New Delhi: The Central Consumer Protection Authority (CCPA) has penalised Flipkart and Meta Platforms with a fine of ₹10 lakh each for allowing the sale and promotion of walkie-talkie devices on their platforms without mandatory regulatory disclosures and approvals, widening its crackdown on e-commerce marketplaces for violating consumer protection rules.

15.01 / 09:55

Waves Digital Racing Software Enterprise reports Moglix debuts Cognilix, expanding into enterprise AI

Subscribe to enjoy similar stories. NEW DELHI: Moglix is sharpening its enterprise technology pitch as India’s business-to-business (B2B) e-commerce race enters a decisive phase. The Alpha Wave Global-backed unicorn on Wednesday unveiled Cognilix, an artificial intelligence (AI)-led operating system for B2B commerce and procurement, alongside a planned $5 million investment in vertical-specific AI products, signalling a push beyond marketplace economics.

15.01 / 09:55

COST UPS Landmark Align Bill country politician The safety imperative: Regulatory capture in the nuclear energy sector could lead the country to grief

Subscribe to enjoy similar stories. Nearly two decades ago, India promised itself—and the US—that nuclear power would be its next big bet. The two countries signed a landmark deal on civilian nuclear energy in 2008, amid protests from politicians and activists alike.

15.01 / 09:55

UPS Provident Manufacturing economy track country electronic FDI inflows into UP surge as electronics projects gain ground, says additional chief secretary Deepak Kumar

Subscribe to enjoy similar stories. NEW DELHI: Foreign direct investment into Uttar Pradesh rose to ₹5,963 crore ($660 million) during the April-September period of FY26 as India’s third-largest state economy aspires to become a $1 trillion economy with key policy incentives for high-growth sectors, a top official said.

15.01 / 08:03

UPS Citi IPO Digital Platform Mobile reports Jio Plaforms Q3 preview: Monetization in focus as 5G buildout eases, Arpu gains steady

Subscribe to enjoy similar stories. NEW DELHI: Telecom operator Reliance Jio Infocomm is entering a transition phase, shifting from heavy network expansion to a focus on monetisation and cash flow generation. As its parent Jio Platforms prepares for a potential mid-2026 listing, analysts see the December quarter (Q3FY26) as a period of consolidation—marked by steady subscriber additions, incremental average revenue per user improvement, and the gradual rollout of paid 5G use cases, led by fixed wireless access (FWA).

15.01 / 08:03

COST Citi Aware Bill Experts cover rights Income tax rules due soon, FY27 Budget to see minimal tax law changes

Subscribe to enjoy similar stories. NEW DELHI: The Union Budget for FY27 is unlikely to deliver major changes to income tax law.

15.01 / 05:05

UPS Target FIVE CEO economy Research rights Military surveillance–the new lucrative front for India’s space startups

Subscribe to enjoy similar stories. New Delhi: India’s bet to open spacetech to private companies five years ago has spawned startups that are already earning millions of dollars by sharing agriculture and climate data collected by the satellites they launched. These ventures are pivoting towards a new lucrative business: defence surveillance.

15.01 / 01:45

markets COST UPS Target consequences reports Govt mulls tax breaks for green bonds in budget amid weak investor interest

Subscribe to enjoy similar stories. NEW DELHI : Investor interest in sovereign green bonds has been steadily declining over the past two years, forcing the central government to think up new ways to get them going.

15.01 / 01:45

UPS Provident wellness band Department recommendations gatherings India's 20k-crore emergency response plan hits spectrum hurdle

Subscribe to enjoy similar stories. NEW DELHI : When a police officer calls for backup, emergency crews respond to a disaster, or agencies coordinate during a riot, one thing must work: communication.

15.01 / 01:45

markets UPS Strategy country hospital travelers International IHG Hotels sets ambitious plan to have 400 properties signed and in operation in India by 2030

Subscribe to enjoy similar stories. NEW DELHI : IHG Hotels & Resorts is betting on a massive expansion in India, aiming to grow its footprint by more than 50% year-on-year over the next four years. The British hospitality group plans to reach 400 operational and pipeline hotels by 2030, a move that signals a race for dominance in one of the world’s fastest-growing hospitality markets.

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