India Financial News

Mint’s Annual BFSI Conclave 2025 on Friday, flagged risks associated particularly with stablecoins, considered as the more sensible, utility-driven corner of the crypto universe.Mint takes a look at this growing asset class, and what it may mean for India’s financial system.Stablecoins are a category of cryptocurrencies designed to maintain a stable value, usually by pegging them to relatively secure assets such as fiat currencies, commodities, or other financial assets. First appearing in the mid-2010s, they were created to combine the efficiency of blockchain-based payments with the price stability needed for routine financial use.The most widely used stablecoins are backed by the US dollar.

In a Netflix documentary that celebrates one hundred years of The New Yorker magazine, its staff writer Andrew Marantz says that he has often been in places where people would say “All you elite [expletive], you don’t know the first thing” about America. It is the kind of magazine, he says, that would faithfully quote that expletive, but place an accent on the first ‘e’ of elite, thereby confirming at least one part of the abuse.

David Michael Malone, my friend and mentor, elected to die with dignity on 24 November at the age of 71. The veteran scholar-diplomat—a former Canadian high commissioner to India—had been diagnosed with prostate cancer a couple of years ago and Alzheimer’s disease more recently.He was spared the pain but did not want to suffer the loss of memory and degradation of the quality of life that comes with Alzheimer’s. He invoked Canada’s right to die when he was still in control of his mental faculties and passed away a day after spending an enjoyable evening out with his close friends.As much as I will miss his long-distance friendship and sage advice, I was not unhappy to see him depart the way he did.

Subscribe to enjoy similar stories. MUMBAI : Acko, a digital insurtech platform backed by private equity firms General Atlantic and Multiples Alternate Asset Management, among others, has begun preparations for an initial public offering to raise $300-400 million, according to two people close to the development. “The company is in discussions with bankers, and the talks are still preliminary.

Subscribe to enjoy similar stories. MUMBAI : ArcelorMittal Nippon Steel India Ltd (AMNS India) has set an ambitious expansion roadmap for the rest of the decade, targeting 25-26 million tonnes of steelmaking capacity by 2030, its chief executive Dilip Oommen said in an interview. “By 2030, we will have at least 25-26 million tonnes.

Subscribe to enjoy similar stories. The extraordinary rally in US technology stocks over the past few years, especially those linked to artificial intelligence, has left investors wondering whether they are witnessing the formation of another classic market bubble. For Indian investors, the concern is sharper because most international exposure from the country is concentrated overwhelmingly in US equities, particularly Nasdaq-heavy funds.

As we approach the end of 2025, there seems to be some light at the end of the tunnel on India-US relations, which started on a strong note amid the promise of Trump 2.0 but gave way to strained ties over claims of US mediating between India and Pakistan, Washington’s sudden fondness for India’s neighbour and its newly minted Field Marshall Asim Munir, and punitive levies on India for buying discounted oil from Russia.Trump, who has given himself the title of the ‘Peace President’, has been the major disruptor in 2025 – whether in geopolitics or geo-economics -- wielding tariffs against countries for allegedly short-changing the US, and as leverage to broker peace.If he’s been labelled unreliable or unpredictable, it’s with good reason. How else can you explain Trump’s decision to sell Nvidia’s H200 chips to China?To be fair, Trump had given the world a warning in October that he would allow Nvidia to export chips to China after his meeting with Chinese President Xi Jinping in South Korea.

Subscribe to enjoy similar stories. Indians work some of the longest hours in a week globally. Unsurprisingly, therefore, Indian employees also report high levels of burnout.

Subscribe to enjoy similar stories. The Securities and Exchange Board of India (Sebi) is likely to rationalise margins on equity derivatives on non-expiry days to encourage big traders to place longer-term bets rather than focus solely on the expiration day, two people aware of the development told Mint. This move could deepen the derivatives markets, where most of the trading by large, high-frequency and proprietary traders as well as individual investors takes place on weekly option contracts' expiry.

Subscribe to enjoy similar stories. One of the highlights of 2025 has been the entry of more niche fashion and luxury brands into India. Whether it’s crystal maker Baccarat or elevated ready-to-wear COS, shopping options for the Indian consumer have grown widely this year.

Subscribe to enjoy similar stories. In 1784, two white men joined forces to establish an English school in Thanjavur, Tamil Nadu. John Sullivan was British representative at the court of the local rajah, while C.F.

McKinsey, the world’s foremost consulting company, so influential that it was referred to merely as The Firm. He was the first Asian and the first Indian to head the consulting giant during its glory years, when it still enjoyed a pristine reputation, before scandals like its advising of Purdue Pharma during the opioid epidemic and the Transnet affair in South Africa tarnished its name.During his sterling career, Gupta also helped set up institutions like the Indian School of Business (ISB) and the American India Foundation (AIF).

Subscribe to enjoy similar stories. This week Amazon pledged to pour billions into India, while fight disruptions at IndiGo led to regulatory interventions and a potential revenue hit. Meanwhile the US Federal Reserve cut its benchmark interest rate by 25 basis points, the fall in prices of home-cooked vegetarian meals slowed down, and Delhi experienced slight relief from pollution.

motives to steer you toward outcomes favouring a company or third party without transparency, and that crosses into outright manipulation. Chatbots can change attitudes and behaviour subtly, so user awareness of when humour masks a nudge is important for preserving autonomy.Platforms do design chatbots to build persuasive power through warmth and wit that promote engagement and influence at scale.

Subscribe to enjoy similar stories. If you’re keeping up with the news about the Indian IPO market, you would be aware of Aequs Ltd. The aerospace manufacturing company hit the primary market with its IPO last week, and what an IPO it’s turning out to be.

Subscribe to enjoy similar stories. Indian companies are rethinking the benefits they offer their staff, such as healthcare, retiral plans, wellbeing perks, and leave, as they seek to control budgets while retaining top talent without compromising on employee experience.

Subscribe to enjoy similar stories. MUMBAI : Institutional Investor Advisory Services India Ltd (IiAS) has faulted IndiGo’s promoter and managing director (M), Rahul Bhatia, for not leading from the front when the airline is facing its most challenging operational episode, even as the influential proxy advisory firm has sought a review of the current board structure, which allows Bhatia to nominate half of the board.

Subscribe to enjoy similar stories. The government has paved the way for 100% foreign direct investment in the insurance sector, composite licences and easier capital requirements, among other sweeping reforms, as the Union Cabinet cleared the enabling legislation, said two officials aware of the matter. The Insurance Laws (Amendment) Bill is expected to be introduced in both houses of Parliament next week, the first of the two officials quoted above said.

Subscribe to enjoy similar stories. Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.

Subscribe to enjoy similar stories. Speakeasies, wine bars, listening rooms, quirky theme bars, friendly locals, bars with their own labs, bars-within-bars—and did we mention speakeasies? 2025 has been a fantastic year for the already vibrant Indian dining-out scene, with older bars making themselves stronger and newer ones entering the fray in a variety of formats and styles (with speakeasies leading as the most popular format by a mile).

Subscribe to enjoy similar stories. MUMBAI: Danish drugmaker Novo Nordisk launched its blockbuster drug Ozempic in India on Friday, priced at ₹8,800 per monthfor a starting dose. The launch comes close on the heels of Wegovy, the company’s other injectable weight-loss drug, which entered the market in June.