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These appointments come even as VinFast's global headquarters remains closely involved in the operations of its India unit, with the three-member VinFast board of directors led by Pham Sanh Chau, managing director and chief executive VinGroup Asia. Chau was present at several recent company announcements on financing partnerships and the achievement of five-star safety ratings in India over the past few months.“This appears to be a conscious strategy.

AIFs. Unlike mutual funds that pool in investors' money to invest primarily in listed equities and bonds, AIFs are also pooled investments but can invest beyond securities and bonds to invest in less traditional assets such as private equity, venture capital, real estate and hedge funds.“My allocation to AIFs was driven by one simple realization that traditional instruments capture broad market beta, but they rarely provide access to early-stage alpha.

It’s raining devaluations for credit card users. Major issuers such as HDFC Bank, American Express, SBI Card and ICICI Bank have reworked their credit card reward structures over the past two months, cutting back benefits on some of their most sought-after premium cards.Last week, HDFC Bank said that starting in the next financial year, Infinia cardholders must spend at least ₹18 lakh annually or maintain a total relationship value—the cumulative worth of all accounts, investments and loans with the bank—of ₹50 lakh to retain the card.This change came on the heels of American Express devaluing milestone-based rewards on one of its popular cards, Amex Platinum Travel.

manufacturing expansion.The government has amended the BIS (Conformity Assessment) Regulations, 2018, restructuring the framework for Scheme-II and Scheme-VII by formalizing a Self-Declaration of Conformity (SDOC) model for eligible notified products.“Under this system, manufacturers can obtain a licence to use the Standard Mark through registration based on self-declaration, backed by accredited lab reports,” said one of the two officials cited above, both of whom spoke on the condition of anonymity.Scheme-II refers to the registration-based certification framework under BIS, largely covering notified electronics and IT (information technology) products where conformity is established through third-party testing and documentation, rather than mandatory pre-licence factory inspection.Under the revised Scheme-II, the application fee and annual licence fee are fixed at ₹1,000 each, with a resource fee of ₹25,000 per application payable in advance. Applications involving multiple test reports will attract an additional ₹20,000 for each extra report, with the fee structure now formally codified under the Self-Declaration of Conformity framework.Queries sent on Friday to BIS and the ministries of consumer affairs and commerce remained unanswered till press time.However, easier access to BIS certification—needed to use the Standard Mark on notified products—is paired with stricter ongoing compliance.

The global steel industry is a major polluter, accounting for about 7-9% of global greenhouse gas emissions. The traditional blast furnace-basic oxygen furnace (BF-BOF) manufacturing process is highly carbon-intensive, emitting an average of 2.33 tons of carbon dioxide per ton of steel.To align with the Paris Agreement's climate goals and pre-empt the imposition of aggressive carbon taxes, major steel manufacturers are actively shutting down their legacy blast furnaces and replacing them with electric arc furnace (EAF) technology.This transition is rapidly restructuring the global steel industry.

value investing. One key measure of profitability is Return on Equity (ROE), which shows how efficiently a company uses shareholders’ money to generate profits.In 2026, with valuations stretched in many sectors, looking for stocks with strong ROE and attractive prices can help investors target both growth and safety.We screened for companies with ROE around 20% or more and price-to-earnings ratios near 10. Here are three that stand out.

investors may consider a loan against securities (LAS) to meet liquidity needs.Each of these strategies works differently and must align with your holding period, asset mix and financial objectives.Let us examine two specific strategies: tax-loss harvesting and using a loan against securities (LAS) instead of redeeming investments.Tax-loss harvesting tends to work best in volatile markets, particularly when indices correct sharply after a rally—as seen between October 2024 and February 2025. LAS, on the other hand, may be useful in rising markets when short-term liquidity is required, for example to exercise employee stock option plans (ESOPs).Consider Rajesh, an IT professional in his late 40s with a seven-year-old equity mutual fund portfolio.

₹17,000 crore a month in 2024. At the same time, stoppage ratios remain high, often exceeding 50% during volatile periods. This suggests that while more investors are entering the system, many struggle to stay the course.

Subscribe to enjoy similar stories. The Centre has set new standards aligning domestic norms with global benchmarks for children’s apparel to help domestic manufacturers meet stricter international regulations, two people close to the development said.

A recent report by the Haut-Commissariat à la Stratégie et au Plan that urged the EU to consider either steep tariffs on Chinese imports or a deliberate weakening of the euro against the renminbi has triggered reactions well beyond Paris and Brussels. What began as a domestic French strategic recommendation has evolved into a wider debate about Europe’s economic direction and its role in an increasingly fragmented global trading system.The proposal, suggesting tariffs of up to 30% or a 20–30% euro depreciation, reflects mounting anxiety over Europe’s widening trade imbalance with China and its erosion of industrial competitiveness.

India is preparing to merge its diverging tax and financial reporting frameworks into a unified system, two people aware of discussions said, in a move aimed at dismantling one of the most cumbersome hurdles for corporate India.The overhaul seeks to harmonize the Indian Accounting Standards (IndAS)—used for shareholder reporting—with the Income Computation and Disclosure Standards (ICDS) mandated by tax authorities. If successful, this would represent the most significant structural shift in the nation’s accounting landscape since IndAS was first adopted in 2016.The move is significant because tax accounting standards, called the ICDS, issued by the Income Tax department and the Indian Accounting Standards or IndAS, notified by the ministry of corporate affairs follow different accounting principles.IndAS aims to capture the economic position of a company at a given point in time using fair valuation of assets and liabilities, an approach useful for investors.

Subscribe to enjoy similar stories. Syria’s possible descent into another civil war, Israel’s recognition of Somaliland, the United Arab Emirates’ failed offensive in Yemen, final U.S. withdrawal from Iraq, and the slow transition from war to peace in Gaza may appear to be disconnected events in a fractious region.

Subscribe to enjoy similar stories. MUMBAI: Stable Money, an Indian platform allowing users to book fixed-income assets, has raised $25 million in a pre-Series C funding round, valuing the Bengaluru-based fintech startup at $175 million, at a time when Indian fintechs are under pressure to build more sustainable business models Peak XV Partners led the all-equity round with a $20 million investment, Saurabh Jain, co-founder of Stable Money, told Mint. Existing backers Z47, RTP Global, and the Fundamentum Partnership, co-founded by Infosys Ltd chairman Nandan Nilekani, also participated.

Subscribe to enjoy similar stories. India’s climate policy has entered a decisive phase. The country must sustain rapid economic growth while managing mounting climate risks that threaten infrastructure, agriculture, energy security and urban resilience.

Subscribe to enjoy similar stories. The venue was the National Stock Exchange. The agenda: investments, markets and wealth creation.

Subscribe to enjoy similar stories. The Securities and Exchange Board of India (Sebi) on Friday proposed sweeping changes to exchange traded funds (ETFs), aimed at eliminating a critical "pricing lag" that currently leaves investors exposed during volatile markets. In a consultation paper that’s open for comments until 6 March, the regulator suggested shifting the base price calculation for ETFs from a two-day-old value to the previous day’s data.

Subscribe to enjoy similar stories. The Critical Minerals Ministerial Meeting convened in Washington D.C. last week underscored the extent to which resource security has become central to contemporary geopolitics.

Subscribe to enjoy similar stories. India’s flurry of trade deal-making with the UK, EU, US and others has revealed a push for strong export growth. Tariff barriers are coming down, standards are being aligned and new sectors from electronics to renewables are being positioned for global integration.

Subscribe to enjoy similar stories. NEW DELHI : India’s state-run non-bank lender for housing and urban projects plans to raise $2 billion from multilateral agencies and through foreign-currency borrowing to fund modern infrastructure projects in cities, according to a top executive. Housing and Urban Development Corp.

Subscribe to enjoy similar stories. New Delhi: Come April 2027, carmakers selling vehicles in India will have to comply with testing standards which are stricter and much more aligned with real-world conditions.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman announced the formation of a “high-level committee" on banking in her budget speech for 2026-27. While she offered no details, the FM did say that this panel would be tasked with reviewing the banking sector and aligning it with India’s next phase of growth.