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Subscribe to enjoy similar stories. Kotak Mahindra Bank has built a reputation for taking long-term bets across a wide range of companies, including KFin Technologies, Pioneer Embroiderie, and Quadrant Televentures. But one investment stands apart, both for its timing and for what it has delivered over the years.

Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. Returns from investments are the best indicator of how various asset classes have performed.

Subscribe to enjoy similar stories. India’s capital markets regulator is opening more investigations than ever, even as it focuses on building detailed, watertight cases to survive increasing scrutiny at the appellate tribunal. The Securities and Exchange Board of India (Sebi) took up 400 investigations and completed 301 in the financial year 2024-25, according to data from Sebi’s Handbook of Statistics for the year.

Kotak Mahindra Bank Ltd sees little value in listing its subsidiaries and selling a stake to “foreigners” at present and would rather focus on building an enduring institution, said chief executive officer Ashok Vaswani, even as peers have taken their units public during India’s record IPO surge.History shows that whenever a private or public sector bank sold a significant stake, they brought buyers from overseas, Vaswani, who will complete two years at the helm of India’s fourth-largest private lender by assets in January, said in an interview with Mint.“We are not here for a day in the sun or a quarter in the sun; we are here to build a lasting, lasting, lasting franchise,” said Vaswani. “The foreigner brought in no talent, the foreigner brought in no brand.

Subscribe to enjoy similar stories. New Delhi: As India manages record procurement volumes at home while cementing its role as a key supplier in the global food markets, the government is preparing to roll out artificial intelligence (AI)-powered automated grain analyzers (AGA) from next year to modernize how food grains are tested, stored and distributed, two people with direct knowledge of the development said.

Subscribe to enjoy similar stories. Even a small, inadvertent oversight in declaring foreign assets can trigger intense scrutiny and label honest taxpayers as holders of ‘black money’, causing financial and mental stress. A Mumbai-based professional learned this the hard way after receiving a penalty order from the tax department, which accused him of concealing foreign assets and imposed a ₹40 lakh penalty under the Black Money Act (BMA).

Subscribe to enjoy similar stories. Stock market recap: Indian stock market benchmarks–the Sensex and the Nifty 50–ended flat with negative biases on Thursday, 18 December 18, due to a lack of fresh triggers. The Sensex closed 78 points, or 0.09%, lower at 84,481.81, while the Nifty 50 settled at 25,815.55, down 3 points, or 0.01%.

Subscribe to enjoy similar stories. President Donald Trump addressed the nation on Wednesday night, extolling his economic record to date and promising a bright economic future for the U.S. in the year ahead.

Subscribe to enjoy similar stories. It is shaping up to be another difficult year for India’s tourism industry. Foreign tourist arrivals (FTAs) have struggled in the first nine months of the year and may once again fall short of pre-pandemic levels.

Subscribe to enjoy similar stories. When the company that runs ICICI Prudential Mutual Fund lists on the stock market later this month, it will become the fourth financial services business from the ICICI Group to go public. In doing so, ICICI Group will break away from two of its peers, SBI Group and HDFC Group, each of which has three listed businesses.

Subscribe to enjoy similar stories. MUMBAI : Even amid a broader market sell-off, which saw foreign portfolio investors (FPIs) pull a net ₹3,765 crore from Indian equities in November, one sector stood out: telecommunications. The outflow came after FPIs turned net buyers in October, snapping a three-month selling streak.

Subscribe to enjoy similar stories. American automakers want to boost their profits by selling high-margin gas guzzlers today, all while not falling behind on electric-vehicle technology. It will be difficult to do both.

India’s central bank recently released the 10th edition of its Handbook of Statistics on Indian States. Among its new additions is state-wise data on domestic tourist visits. Goa, despite its salience as a holiday spot, is a small player on this chart, with just under 10 million visitors in 2024.

Subscribe to enjoy similar stories. Walmart-controlled Flipkart received a key approval to shift its domicile back to India, a prerequisite for a local listing, in a move that reflects a shift in India-US economic ties amid prolonged bilateral trade negotiations. The National Company Law Tribunal (NCLT) approved the re-domiciling scheme on Friday, according to an order reviewed by Mint.

India recorded ultra-low retail inflation of 0.25% in October and 0.71% in November. A sharp drop in food prices was a major reason behind the disinflation seen in recent months. The recent cuts in goods and services tax (GST) rates also played their part, primarily in October, the first full month with the revised rates.A Mint analysis of the inflation basket shows that October 2025 saw a month-on-month decline in prices (consumer price index) in 40% of the items—the highest ever under the current 2012 series, which has item-wise data from 2014.

Subscribe to enjoy similar stories. A list of reasons to be bullish laid out succinctly in a weekly Bank of America report suggests stocks are likely to extend their record run well into the coming year. The president’s economic plans have a lot to do with it.

Subscribe to enjoy similar stories. New Delhi: Two men dressed in golden livery stand at the doorway of a hall, blowing trumpets as if announcing the entrance of royalty. A grey-haired, medium-built man saunters in, swaying to the beat of a peppy Bollywood number as the packed hall erupts in cheers.

Subscribe to enjoy similar stories. For two years, Curtis “50 Cent" Jackson oversaw work on a documentary about a hip-hop rival he has personally trolled on the internet for even longer. His efforts paid off: “Sean Combs: The Reckoning," a four-part series executive-produced by Jackson, has been perched at No.

Subscribe to enjoy similar stories. Nobody in the world knows better than Steve Kerr what it takes to become the greatest basketball team of all time. In 1996, he played alongside Michael Jordan for the Chicago Bulls as they won 72 games.

Subscribe to enjoy similar stories. MUMBAI: Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to ₹2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.

Subscribe to enjoy similar stories. As India’s capital markets expand and household savings accelerate their shift toward financial products, asset management companies are entering a new phase of growth, powered by rising retail participation and record flows into systematic investment plans (SIPs). Against this backdrop, ICICI Prudential Asset Management Co.