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21.04 / 23:33
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Disappointed by compliance to AI rules, Meity proposes 'continuous' watermarks
Subscribe to enjoy similar stories.New Delhi: The electronics technology ministry is moving to tighten its grip on how social media giants disclose artificial intelligence-generated content, proposing a ‘continuous’ watermarking mandate to prevent platforms from avoiding transparency rules.The ministry of electronics and information technology (Meity) issued a draft amendment on Tuesday that would require labels on AI-modified media to be clearly visible throughout the duration of a video or image. The proposal follows government frustration with current practices, where firms have allegedly used fleeting or obscured markers that satisfy the letter of the law while failing to inform the public.Tuesday’s amendment, a copy of which Mint has reviewed, targeted Rule 3(3)(a)(ii) of India’s Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, updating the previous proposal to social media companies for “prominent visibility” of AI labels.
21.04 / 11:23
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Mint Explainer | Apple names new CEO: Decoding Cook’s tenure, Ternus’s prospects
Subscribe to enjoy similar stories.NEW DELHI: Apple on Monday named John Ternus, its vice-president of hardware engineering, as its next chief executive, succeeding Tim Cook. The transition was expected for later this year, but its timing—and Apple’s choice of a hardware leader—comes as artificial intelligence (AI) is reshaping Big Tech.The move signals Apple’s bet that tightly integrated devices will remain central to its strategy, even as rivals push ahead in AI.
21.04 / 07:43
21.04 / 07:43
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2020
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The curious case of pending nod to a six-year CEO that may delay Noida airport
Subscribe to enjoy similar stories.New Delhi: Three weeks after its official inauguration, the Noida International Airport faces fresh uncertainty over the start of commercial flights, as a key security clearance for its chief executive is still pending. The nod from the Bureau of Civil Aviation Security (BCAS)—essential before operations can begin—has yet to come through, raising the possibility of a delay to the airport’s planned mid-May launch.The Noida International Airport at Jewar in Uttar Pradesh, 100 km off Delhi’s Indira Gandhi International airport, was inaugurated by Prime Minister Narendra Modi on 28 March 2026.
20.04 / 15:59
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Govt to hold wider consultation for group, cross-border insolvency rules
Subscribe to enjoy similar stories.New Delhi: The government will hold further consultations before rolling out schemes for debt resolution of all companies in a group in one go, and for dealing with cross-border insolvency cases where a company or its creditors are in different jurisdictions, two persons familiar with the development said.Introduced through legislative amendments in April, these two ambitious provisions form part of the most comprehensive overhaul of the Insolvency and Bankruptcy Code (IBC) since its enactment in 2016. The amended legislation received presidential assent on 6 April..Most provisions in the amended Code, which seek to improve the efficiency and outcomes of debt resolution of companies and their promoters, will be notified at the earliest but the schemes for group insolvency and cross-border insolvency may be rolled out only after further consultations, said the first of the two persons quoted above, both of whom spoke on the condition of anonymity.
20.04 / 11:25
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India to buy 1 million tonnes of chana to build buffer stocks, ensure stable prices
Subscribe to enjoy similar stories.NEW DELHI: The Centre plans to buy 1 million tonnes of chana (gram) to build adequate buffer stocks to manage potential supply shortfalls and ensure steady availability in the open market, two officials said.The purchases through the Price Stabilisation Fund are part of graded measures to keep prices of essential food grains stable and prevent market volatility amid forecasts of a below-normal monsoon this year and the possibility of El Niño, a weather phenomenon that increases the risk of drought and reduced crop yields.“The procurement drive will be carried out under existing price support mechanisms, with agencies stepping in to buy from farmers both to support farm-gate prices and to maintain retail price stability,” one official said.India’s chana production climbed 6.2% to 11.8 million tonnes in FY26, with the yield up 1.6% to 1,238 kg per hectare.“Chana production has improved significantly this crop year compared to last year, largely due to the import duty on chana and yellow peas. This has supported domestic prices and encouraged higher sowing.
19.04 / 11:45
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‘AI slop’ floods platforms, squeezing creators and testing user trust
Subscribe to enjoy similar stories.NEW DELHI: Even as original video and audio content struggle for attention in a crowded digital ecosystem, a new threat is compounding the problem: a surge of low-cost, artificial intelligence (AI)-generated material that is reshaping discovery, monetization and trust across platforms.Often dubbed “AI slop”, this content is mass-produced, repetitive and generic, flooding feeds and pushing higher-quality work out of view. For creators, the immediate hit is visibility: strong content gets buried under volume, making consistent engagement and monetization harder to sustain in a market where revenue is already concentrated among a small fraction of players.One common manifestation of AI-generated content is the proliferation of cover versions of popular songs, often created and distributed at scale using AI tools.
19.04 / 11:45
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Modernizing the ledger: Inside the quest to solidify India’s economic data
Subscribe to enjoy similar stories.New Delhi: Earlier this year, the government issued a much-awaited update to the methods by which it measures national income and gross domestic product (GDP).According to the government, key reforms to the way GDP is calculated “include revising the base years of GDP and price indices, strengthening the measurement of the informal and services sectors, improving labour market statistics, adopting advanced survey methods and technology, and enhancing transparency…”Based on the new methodology, India’s GDP grew 7.2%, 7.1% and 7.6% in real (inflation-adjusted) terms in FY24, FY25, and FY26, respectively, compared to the 9.2%, 6.5% and 7.4% growth rates last estimated using the old methodology. In absolute terms, GDP is now lower than previously pegged: at current prices (not adjusted for inflation), India added ₹345.47 trillion in economic output in 2025-26, not ₹357.14 trillion as believed using the old technique.
19.04 / 09:23
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Smaller dials, quieter luxury drive India’s ₹3,500 crore Swiss watch market
Subscribe to enjoy similar stories.NEW DELHI: India’s appetite for Swiss watches is expanding, but the bigger shift is in how consumers are buying them. As the market crossed ₹3,500 crore for the first time in 2025, demand is increasingly being shaped by more informed, deliberate choices—moving away from logo-driven purchases towards craftsmanship, heritage and understated design.“The Indian luxury customer has evolved from buying brands to buying watchmaking,” said Pranav Saboo, managing director and chief executive of Ethos Ltd, one of India’s biggest watch retailersThat shift is showing up across the market.
18.04 / 00:57
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India bans wellness wonder ashwagandha's leaf products on health risk
Subscribe to enjoy similar stories.New Delhi: India’s food regulator has cracked down on a key ingredient in popular wellness supplements, ordering a halt to the use of ashwagandha (withania somnifera) leaves and their extracts amid safety concerns flagged by the Ministry of Ayush, according to a government official and documents reviewed by Mint. The Food Safety and Standards Authority of India said only the roots of ashwagandha—an Ayurvedic staple herb widely marketed for stress relief, muscle recovery and cognitive support—are permitted, and has directed states to act against violations.The move could disrupt formulations in India’s $38.77 billion nutraceuticals industry, where ashwagandha is a key product with its market estimated at $928.5 million in 2026.
17.04 / 06:15
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Orkla India eyes acquisitions, bets on convenience foods to drive growth
Subscribe to enjoy similar stories.NEW DELHI: Orkla India, the listed maker of MTR foods and Eastern spices, is gearing up for its next phase of growth with a cash-rich balance sheet to fund acquisitions, even as it pivots towards convenience foods and digital channels—moves that could stretch its traditional operating model.“We are a cash-generating company. We generate anything between ₹300-400 crore annually… money is not a constraint," Sanjay Sharma, managing director and chief executive officer at Orkla India, said in an interview with Mint.The debt-free company is evaluating partnerships and buyouts of regional brands as it looks to expand beyond its southern stronghold.The push comes as Orkla works to stabilize performance after its listing in November last year, part of its parent’s strategy to create independent portfolio companies and drive local value creation.
16.04 / 10:33
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Elephant in the boardroom: Indian companies must learn to be more open about mental health
Subscribe to enjoy similar stories.Will we reach a maturity level in our workplaces where a company can ask for a mental health check the same way it asks for a physical test after rolling out a job offer but before signing the final appointment letter? When attention deficit disorder (ADD), cortisol spikes and high cholesterol are openly discussed in water-cooler conversation, why is mental health not a factor that needs to be gauged before an employment contract is signed?According to a senior partner at one of New Delhi’s most prominent law firms, the Rights of Persons with Disabilities Act of 2016 states that one is prohibited from discriminating against a candidate based on the Act’s stipulated list of disabilities, unless proportionate to a legitimate objective.A note released by the Press Information Bureau in December 2025 said that the same law defines a ‘person with disability’ as “someone who has a long-term physical, mental, intellectual or sensory impairment which, in interaction with barriers, hinders their full and effective participation in society equally with others.” While employers cannot be biased during the hiring process, they can take a final call depending on the role’s needs. If the mental health conditions of candidates may obstruct their work efficacy, should employers not be informed of such diagnoses? Maybe not under present workplace dynamics.
16.04 / 10:33
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Bajaj Auto trains focus on cost cuts and tighter governance for KTM after helping to secure funds to clear its loan
Subscribe to enjoy similar stories.NEW DELHI: After helping to secure funding to clear KTM’s dues, Bajaj Auto has shifted focus to cost cutting and tighter governance at the Austrian premium motorcycle maker, its largest acquisition, a top executive told Mint.The cost-reduction initiatives include a review of sourcing strategies and identification of synergies, while Bajaj steps up its role on KTM’s supervisory board, Bajaj Auto executive director Rakesh Sharma said.“Our support to them started with the first phase, where we had to get the liquidity organized. The second was putting in the top management.
16.04 / 03:37
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Govt plans revamp of cold chain storage regulations for vaccines, insulin
Subscribe to enjoy similar stories.New Delhi: India is planning to overhaul its pharmaceutical storage rules for vaccines and biological products, as gaps in the regulatory framework have frequently led to drugs being stored under improper temperature conditions, potentially compromising their efficacy, according to two government officials and documents reviewed by Mint.The plan is to define and classify these medications into two group— thermostable or those that can survive high temperatures, and thermolabile, or those that cannot, to ensure medicines, including insulin and vaccines are handled with scientific precision throughout the supply chain. Currently, the Drugs and Cosmetics Act, 1940, lacks these specific classifications.While Schedule P of the Drugs Rules, 1945 provides general storage instructions such as ‘cold place’ for temperatures not exceeding 8 degrees Celsius, there has been no comprehensive, science-based list to guide manufacturers and drug inspectors.
15.04 / 12:15
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Zero tax beyond ₹12 lakh salary: How to stretch it to ₹15 lakh
Subscribe to enjoy similar stories.NEW DELHI: Earning ₹12 lakh and paying zero tax is no longer the ceiling under the new regime. With the right salary structure and employer-backed benefits, even professionals earning ₹15 lakh, or more, can reduce their taxable income to zero.That shift marks a break from the old regime, where tax planning revolved around deductions such as house rent allowance (HRA), leave travel allowance (LTA), home loan interest and Section 80C investments.
15.04 / 11:47
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JioHotstar builds on Warner Bros partnership with add-on HBO Max hub on OTT platform
Subscribe to enjoy similar stories.NEW DELHI: JioHotstar is doubling down on premium global content in India with the launch of an HBO Max hub, deepening its partnership with Warner Bros. Discovery and bringing some of Hollywood’s biggest franchises under one roof on the streaming platform.The hub will host titles from HBO, Max Originals, Warner Bros.
15.04 / 06:19
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West Asia war: Ports may extend export relief till April-end as shipping delays
Subscribe to enjoy similar stories.NEW DELHI: India’s major ports are set to extend relief measures for exporters hit by disruptions from the ongoing West Asia conflict until the end of April, according to two people aware of the development, as shipping delays and logistics costs remain elevated.The extension will allow exporters to continue availing waivers on ground rent and dwell time charges, along with concessions on reefer plug-in fees and certain vessel-related charges for cargo stranded en route to West Asian markets.The measures, first rolled out in early March, initially covered cargo impacted until 15 March and were later extended to 31 March. With the conflict persisting and containers continuing to face delays and rerouting, authorities are considering a further extension through April.An extension would provide breathing room to exporters grappling with delayed shipments and working capital pressures due to longer transit times and supply chain disruptions, one of the people cited above said.
14.04 / 08:55
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West Asia war: India FY26 growth to see limited hit, but oil price pass-through looms
Subscribe to enjoy similar stories.NEW DELHI: The government sees limited impact of the West Asia war on India’s FY26 growth, but a prolonged disruption could force some pass-through of elevated global oil prices into retail fuel, according to two officials aware of an internal assessment.The conflict, which began on 28 February, has heightened concerns around energy supply disruptions, particularly through the Strait of Hormuz, a key transit route for global oil trade. While the government has so far absorbed the shock through tax cuts and limited price increases, that cushion may narrow if high crude prices persist.In FY26, India’s economy is projected to have grown 7.6%, according to the second advance estimates released in February.
14.04 / 01:45
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Mint Quick Edit | Retail inflation has begun to rise on the back of cost pressures: Is there worse to come?
Subscribe to enjoy similar stories.Retail inflation edged higher to 3.4% from a year ago in March from 3.2% in February, government data issued on Monday showed. The main driver was dearer food, whose prices rose 3.9%, quicker than February’s 3.5% increase. Inflation in housing, water, electricity, gas and other fuels was at about 2% while transport prices were flat.
14.04 / 00:49
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An electric fence to shield India's battery sector is coming up soon
Subscribe to enjoy similar stories.NEW DELHI: India plans to prepare an Approved List of Battery Manufacturers (ALBM) to be the exclusive equipment vendors for government-supported energy storage schemes and projects, following a similar mandate for the solar sector. The goal is to ensure the country’s energy security by encouraging local manufacturing and reducing reliance on imports.The government may announce its plans for ALBM and introduce draft norms for localization in the current fiscal year, two people familiar with the matter said.
14.04 / 00:49
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Regulator lens on blurry or tucked away medicine label details
Subscribe to enjoy similar stories.New Delhi: Struggled with illegible and poorly-placed labels for medicines? There may be help on way, as the apex drugs regulator is set to tighten scrutiny of how critical information, such as medicine names and expiry dates, is printed on the packaging, according to two government officials and documents reviewed by Mint.The move by the Central Drugs Standard Control Organisation (CDSCO) aims to curb medication errors and improve patient safety in India's $50 billion pharmaceuticals market.According to the plan in the works, the CDSCO and state regulators will step up plant inspections and issue targeted instructions to drug inspectors with a focus on visibility, durability and placement of key information.Following complaints, the apex regulator had appointed a committee that identified a significant gap in the variability of medicine labelling implementation at the manufacturing level.Consumers' complaints ranged from the packaging information being illegible due to a host of reasons to the demand for the medicine name being printed across the package and for a universally-recognized symbol on generic medicines to distinguish them from branded ones.The CDSCO set up a sub-committee in July 2025, chaired by the drugs controller of Telangana, with drugs controllers of Kerala, Odisha and representatives of HLL Lifecare Ltd, the deputy drugs controller of Hyderabad zone and Indian Drug Manufacturers’ Association (IDMA) officials as members.In its report, this panel said the CDSCO and state licensing authorities "may issue suitable advisories or internal instructions to GMP inspectors to ensure focused scrutiny of labelling practices, including visibility, durability and placement of
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