City New Delhi Financial News
14.01 / 16:31
COST
UPS
Healthcare
hospital
prevention
Colleges
NEET-PG seat cutoffs slashed as specialist doctors' vacancies pile up
Subscribe to enjoy similar stories. New Delhi: With over 18,000 postgraduate medical seats vacant and hospitals facing a shortage of specialists, the National Board of Examinations in Medical Sciences (NBEMS) has moved to prevent a costly waste of training capacity.
14.01 / 11:39
markets
Action
Southern
Boxing
film
Actor
audience
Pan-India promise, patchy payoff: Why many southern Hindi dubs are failing
Subscribe to enjoy similar stories. New Delhi: For as long as movie buffs can remember, Salman Khan has been the undisputed king of the Eid box office. In 2015, however, a week before the release of his cross-border emotional drama Bajrangi Bhaijaan for the festive weekend, the unthinkable happened.
14.01 / 04:05
markets
Provident
Research
performer
patient
infection
Courts
The Centre plans to enforce strict safety standards for hair transplants
Subscribe to enjoy similar stories. NEW DELHI : Amid a rising number of complaints over botched hair transplants, the Centre plans to reclassify the procedure from the ‘cosmetic salon’ category to a strictly regulated ‘surgical practice' to rein in malpractices in the $252 million industry, according to three government officials and documents reviewed by Mint.
14.01 / 01:33
UPS
Provident
security
Mobile
awards
Highways
2020
Budget 2026-27: Road ministry outlay to remain flat in push for private capital
Subscribe to enjoy similar stories. NEW DELHI : The Centre may maintain the road ministry’s allocation at nearly the same level as ₹2.72 trillion in 2025-26 in the Union Budget 2026-27, aiming to shift focus towards attracting private investment, even amid slowing highway construction, according to two officials close to the discussions.
14.01 / 01:33
UPS
Trade
President
country
Mint Quick Edit | Trump’s Iran tariff threat puts more at risk than the White House may have realized
Subscribe to enjoy similar stories. Even as US Ambassador to India Sergio Gor struck a positive note on bilateral ties, President Donald Trump has again put India in a difficult position by announcing a 25% tariff on countries trading with Iran. This could elevate the charge on Indian goods shipped to the US to 75% from an already-steep 50%.
14.01 / 01:33
markets
UPS
Google
Gap
Racing
Apple
Enterprise
Google blasts past $4 tn: How is it beating rivals?
Subscribe to enjoy similar stories. New Delhi: On Monday, Alphabet became the fourth-ever company to hit a market capitalization of $4 trillion, after announcing a deal with iPhone-maker Apple to power the latter’s AI assistant, Siri. In the week leading up to it, Google’s parent also overtook Apple to become the second-largest company in the world.
12.01 / 15:23
Manufacturing
Analysis
Death
hospital
reports
testing
medicines
States crack down on Almont-Kid syrup after lab finds deadly ethylene glycol
Subscribe to enjoy similar stories. New Delhi: State drug regulators in India have launched a massive crackdown and issued urgent public health alerts to stop the use of paediatric cough syrup Almont-Kid after samples from a specific batch were found to contain life-threatening contaminants, according to three government officials and documents reviewed by Mint.
12.01 / 01:35
Citi
Death
community
Experts
country
cover
Courts
Mandatory probate on Will removed but it is still a smart move for inheritance
Subscribe to enjoy similar stories. NEW DELHI : Parliament in December cleared the Repealing and Amending Act, 2025, which has removed a long-standing procedural hurdle in inheritance by deleting Section 213 of the Indian Succession Act, 1925. The change means that beneficiaries in Mumbai, Chennai, and Kolkata no longer have to mandatorily get a probate and can now act on a valid Will.
12.01 / 01:25
UPS
Aware
Bill
stage
recommendations
Courts
Centre backs most panel recommendations on IBC reforms, flags one concern
Subscribe to enjoy similar stories. NEW DELHI : The central government has accepted all recommendations, barring one, of a Parliamentary select committee of the Lok Sabha led by MP Baijayant Panda on proposed changes to India’s bankruptcy law, according to two people aware of the development.
11.01 / 13:45
Provident
Target
Sustainability
country
innovations
Interviews
International
India, China to lead global energy transition post-US exit: UN Energy official
Subscribe to enjoy similar stories. New Delhi: The global energy transition and climate goals could face challenges after President Donald Trump withdrew the US from key multilateral organizations, but the transition will continue, with countries such as India and China expected to take the lead in redrawing the global energy roadmap, a senior United Nations (UN) official said.
10.01 / 09:43
UPS
Citi
FIVE
Manufacturing
security
Mobile
country
Top electric bus makers gear up for govt’s 6,230-bus mega tender
Subscribe to enjoy similar stories. New Delhi: India’s top electric bus manufacturers are gearing up for the government’s next mega tender of 6,230 electric buses, cumulatively valued at over ₹6,000 crore, to be deployed across five cities—Delhi, Mumbai, Pune, Ahmedabad and Hyderabad—according to tender documents released on 9 January. Delhi, grappling with severe air pollution, will get the largest allocation of 3,330 electric buses through this round of procurement, the tender document, reviewed by Mint, showed.
10.01 / 02:07
UPS
Target
Gap
economy
reports
Department
Updates
Mint Explainer | Why the tax department is tightening compliance now
Subscribe to enjoy similar stories. New Delhi: When presenting the Union budget last February, the government projected a 13% growth in direct tax collections for the current financial year, banking on the strong tax buoyancy seen in preceding years. However, between April and mid-December of this year, collections have grown approximately 8%.
10.01 / 00:35
markets
UPS
Strategy
economy
Sustainability
Trade
strain
Canada's British Columbia steps up India outreach amid strained trade ties with US
Subscribe to enjoy similar stories. NEW DELHI : With US trade ties under strain, Canada’s west-coast province of British Columbia is stepping up its push into India, with Premier David Eby set to lead a trade mission to the country from 12 to 17 January, the Canadian High Commission said on Friday.
10.01 / 00:35
markets
COST
Target
Trade
show
country
reports
Discoms selling green power at lower than cost price on exchanges; growing crisis threatens green energy trajectory
Subscribe to enjoy similar stories. New Delhi: A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sitting on excess power often sell it on exchanges at a loss, as the alternative would be to receive nothing, given the weak demand during solar hours.
10.01 / 00:29
markets
Aviat
Airlines
Metro
reports
travelers
Traffic
IndiGo cancellations add to demand drag as airfares slide to four-year low
Subscribe to enjoy similar stories. Mumbai, New Delhi: India’s domestic airfares slid to a four-year low in the October–December quarter, an unusual outcome for a seasonally strong period, as passenger traffic slowed through the year and demand weakened on non-metro routes.
09.01 / 15:11
Enterprise
Trade
cover
reports
testing
Department
recommendations
India tells WTO it has withdrawn 49 quality control orders since July
Subscribe to enjoy similar stories. NEW DELHI : Signalling a recalibration of India’s quality control regime, the Centre has withdrawn a total of 49 quality control orders (QCOs), according to an 8 January communication to the World Trade Organization (WTO).
09.01 / 06:33
UPS
Provident
Sustainability
film
audience
Flexible ticket pricing revives midweek cinema visits, but there’s a catch
Subscribe to enjoy similar stories. NEW DELHI : Audiences are lapping up weekly ticket offers priced as low as ₹99, at least for films with strong word-of-mouth, providing a stamp of approval for the idea that reasonable pricing can lure large segments back to cinemas. Multiplex chains and independent theatres that introduced weekly offers such as “Blockbuster Tuesdays" in 2025 recorded higher-than-usual footfalls, especially for mid-budget, non-star titles.
09.01 / 03:49
COST
Citi
Aviat
Gap
Airlines
Bill
rights
Small-town airports, big bill: ₹900 crore spent on non-operational UDAN hubs
Subscribe to enjoy similar stories. New Delhi: India’s plan to connect its interior areas by air has run into heavy weather, with expensive infrastructure and commercial viability playing spoilsport while hundreds of crores are being spent to maintain airports where no planes are landing. The total expense of the government is nearly ₹900 crore on 15 regional airports that are currently non-operational.
08.01 / 00:57
markets
COST
Gap
ICE
President
show
Updates
Auto majors allay fear over slowing EV adoption after tax cut for traditional cars
Data from the Federation of Automobile Dealers Association (Fada) data released on Tuesday showed EV penetration grew for two consecutive months after a dip in October, leading to fears that New Delhi’s move to cut tax on ICE vehicles could hurt EV penetration in the long run, as the fossil-fuelled ones were already much cheaper in the price-sensitive Indian market.“Electric vehicle sales are here to stay. There was softening in the last few months, but penetration levels have grown in 2025.
07.01 / 17:07
markets
UPS
Citi
IPO
Platform
Trade
reports
IGX eyes December listing, lines up expansion
New Delhi: Indian Gas Exchange (IGX) plans to launch its initial public offering by the end of 2026, according to its top executive.The IPO would largely be an offer for sale (OFS) for 22% stake by promoter Indian Energy Exchange Ltd, managing director and chief executive officer (CEO) Rajesh Mediratta told reporters on Wednesday. “The merchant bankers are yet to be appointed for the sale process.”IEX currently holds 47% and NSE owns 26% of IGX, while other minority shareholders include GAIL India Ltd, Oil and Natural Gas Corp.
06.01 / 07:51
UPS
Provident
pandemic
cover
inclusion
Updates
Centre weighs mega microfinance credit guarantee scheme for NBFCs in upcoming budget
NEW DELHI: The finance ministry is weighing a plan to provide credit guarantee cover to funds that NBFCs raise from banks and ramp up their microfinance operations, according to two people familiar with the development.The proposed one-time credit guarantee scheme will help non-banking financial company-microfinance institutions (NBFC-MFIs) access funds from banks easily and tide over a liquidity crunch in maintaining their lending to low-income households that lack access to traditional banking.The guarantee cover under consideration will be larger than the ₹7,500 crore cover that was offered during the pandemic. The new scheme is likely to be managed by the state-run National Credit Guarantee Trustee Company, which will cover and underwrite the lending risk to NBFC-MFIs arising due to factors outside the control of small borrowers.This will help NBFC-MFIs to draw funds on easier terms from financial institutions.
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