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On 7 January, Mint made a case for reforming India’s highly inefficient regime of fertilizer production, pricing and distribution, and for switching over from product subsidization to income support for farmers. This imperative has since been sprung centre-stage by a war in West Asia that has disrupted our imports of urea and its feedstock gas, both of which form large shares of domestic usage and have seen global prices flare up.

AI tokens) going to be part of our commercial model. We're going to factor in the price of the tokens into our model itself, on top of it,” said Balazs Fejes, chief executive officer (CEO) of EPAM, during the company’s analyst day.AI tokens are small units of texts that an AI tool can read.

₹38 lakh. He had done everything right: a base policy of ₹20 lakh and a ₹1 crore top-up with a ₹20 lakh deductible. On paper, he was well covered.What he had not anticipated was the process.

the Netherlands has produced—under judicial compulsion and apparently with a straight face—is a mechanism that may force investors to sell assets simply to fund tax bills on gains that have not actually been realized.The broader concern is not the Dutch policy alone, but the trend it represents.Spend time in any corner of social media where economics is debated and you will encounter a growing community of neo-socialists who have arrived at a remarkable conclusion: socialism did not fail—it was simply never implemented properly.In this narrative, the Soviet Union, Maoist China and Cuba were merely flawed attempts at what is fundamentally a sound idea.The right people, armed with modern technology and the right intentions, will supposedly get it right this time.Within this worldview, taxing paper gains is not seen as overreach but as an obvious act of justice. The rich are simply too rich; their wealth—even the theoretical kind—is viewed as an affront that the state should correct.The notion that market value represents real money that the government is entitled to immediately, rather than when an asset is sold, fits neatly into this framework.

crude oil prices briefly above $100 a barrel amid fears of shipping disruptions through the Strait of Hormuz, which carries about 20% of global oil supply. Global stocks also slid as investors worried the crisis could trigger one of the biggest oil shocks since 1990, an analysis by howindialives.com showed.In the 12 days of the conflict so far, oil prices surged about 34%, the sharpest rise among major oil-shock episodes.Prices have since eased to around $98 a barrel.

The 32 member countries of the International Energy Agency (IEA) are expected to release a collective 400 million barrels of oil from their strategic reserves in a bid to cool market prices. This has been billed as its largest ever oil release. It’s more than double the 182 million barrels released by the IEA in 2022 after the Ukraine war broke out, four times the world’s daily usage and about a third of its members’ total stash.

Dixon will be able to manufacture display modules locally in India. Display modules account for roughly 10-12% of the bill of materials in smartphones.“This foray into display modules deepens Dixon’s presence in the component ecosystem, with the level of backward integration in smartphones expected to rise by about 10-12% from 16-17% now,” said Emkay Global Financial Services.Dixon is expected to produce around 24 million smartphone displays and 2 million laptop displays annually in the first phase.

Fertilizer is the largest commodity, the global price of which has a direct bearing on subsidy bills. In the case of petroleum, central subsidy is limited to cooking gas and kerosene, and often, state-owned auto-fuel retailers absorb the volatility in global prices by spreading out retail fuel price adjustments.On Friday, the government assured adequate fertilizer availability for the upcoming kharif season starting June.

drive up natural gas prices and freight costs, industry officials and analysts said.Although the government makes a provisional estimate of the fertilizer subsidy at the start of the financial year—based on sowing patterns, irrigated area and historical demand—it carries an implicit obligation to enhance the allocation if unforeseen developments arise.Currently, the fertilizer subsidy is projected at ₹1.71 trillion for the next financial year, slightly lower compared to the revised estimate of ₹1.86 trillion for the ongoing 2025-26 fiscal (FY26)."If the crisis persists for long, the fertilizer prices are expected to go up which might require higher subsidies," said an industry official on the condition of anonymity. In the past, the government has been making special financial provisions for additional subsidies in case of a spike in global prices.Natural gas, the primary feedstock and energy source for urea production, accounts for a bulk of fertilizer manufacturing costs, making the sector highly sensitive to price spikes.Research firm Zero Carbon Analytics has said that of the top countries that import oil and gas via the Strait of Hormuz, Japan faces the most direct risk of disruption, due to its high share of oil and gas trade through the shipping route and its reliance on imported oil and gas.

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Tata Sons, and Nandan Nilekani, chairman of Infosys, struck a more optimistic note, arguing that IT services firms would remain relevant, playing a critical role in integrating AI technologies into clients’ back-end systems.Amid deepening fault lines, at least two IT CEOs put on a brave face during the Nasscom event, hinting at a turbulent short-term outlook.While Vijayakumar highlighted the human cost of automation, Tata Consultancy Services' (TCS) K. Krithivasan pointed towards revenue cannibalization.“See, we don't have to really incentivize because everybody wants to learn this tech.

Big Tech’s acceleration of Agentic AI hangs like a sword of Damocles over traditional IT services. Consequently, global tech and Indian IT stocks lurch between optimism and unease as investors weigh the impact of these artificial intelligence (AI) tools on a services model built largely on billing human effort. The debate has moved beyond incremental automation to deeper concern over AI agents that can generate code, test applications and manage infrastructure.

₹6,818 is what it cost me to increase our family health cover from ₹20 lakh to ₹5 crore using a top-up policy. We are in our mid-50s with two children in their 20s.This is, by a large margin, the most cost-effective way to increase your health cover.

₹30,500 crore in FY15 to nearly ₹2.9 lakh crore by FY25, according to industry estimates and RBI data.The rapid expansion in cards and outstanding dues raises an uncomfortable question: are more Indians slipping into a credit card debt trap?Outstanding balances per card have also climbed steeply—from ₹1,600 in FY15 to nearly ₹25,700 in FY25—signalling significantly higher credit utilization.For those who have already fallen into the trap, is there a practical way out? Experts say—yes, there is.The real issue, experts argue, is not the rise in credit card usage, but the purpose for which cards are being used.“While rising credit card usage reflects both expanding financial access and growing consumer confidence, the intent behind spending matters more than the volume,” said Yashoraj Tyagi, chief executive officer, CASHe, an online lending platform.“When usage grows faster and financial literacy doesn’t catch up, credit stops being just a convenience tool, it becomes a survival tool,” said Bhuvanaa Shreeram, co-founder of House of Alpha Investment Advisers, a Sebi registered investment advisory firm.Rising delinquencies suggest that for a segment of borrowers, cards are not just financing convenience purchases—they are also plugging cash-flow gaps. And that, she believes, is the real problem.According to the Reserve Bank of India’s (RBI) Financial Stability Report, household debt in India rose to about 41.3% of GDP by end-March 2025, up from around 38% in recent years.

NEW DELHI: India recently piloted peer-to-peer power trading that will enable consumers such as households, businesses and farmers who generate renewable energy to directly sell their surplus power to other consumers through digital protocols. Mint examines how digital public infrastructure under the India Energy Stack helps such transactions.Peer-to-peer (P2P) energy trading refers to the direct trading of power between consumers. Once implemented, it will allow households and entities that produce solar power through rooftop installations to sell their excess generation to other consumers.

Subscribe to enjoy similar stories. The Nifty 50 could touch fresh highs over the next 12-18 months as valuations hover below long-term averages and foreign selling shows signs of easing, said Nikhil Ranka, chief investment officer (CIO)-equity alternatives at Nuvama Asset Management. However, he cautioned that India’s information technology (IT) companies are staring at an earnings cut, likely to begin in fiscal 2027-2028, amid concerns that artificial intelligence (AI) will compress billings and revenue growth.

₹150–200 crore in primary funding, as the company looks to accelerate expansion, two people familiar with the matter said.The proposed round comes at a time when non-banking finance companies (NBFCs) face tighter regulatory scrutiny and rising stress in unsecured lending, making fresh capital crucial to strengthen balance sheets and support calibrated growth.“Several mid-market private equity firms or late/growth stage venture capital firms will be tapped as a part of the process. The deal is expected to be launched in the coming weeks,” one of the people cited above said.“The company is looking to double down its presence in its existing areas of operations after it became PAT positive in the current financial year,” a second person said.Both the people spoke on the condition of anonymity.

Subscribe to enjoy similar stories. BENGALURU : E-retailers are widening the scope of their loyalty programmes to capture everyday spending on food, groceries, and daily essentials, giving reward points a life beyond air miles and luxury splurges.

Subscribe to enjoy similar stories. Shares of Info Edge (India) Ltd are down about 15% over the past month, broadly mirroring the decline in the Nifty IT index. Investors appear concerned about potential collateral damage to recruitment business revenues from the rapid rise of artificial intelligence (AI).

Subscribe to enjoy similar stories. As the young generation faces the biggest wealth transfer in decades, with baby boomers set to pass on $53 trillion to their children by 2045, wealthy families are taking a more proactive approach to their estate planning. Whether it’s family meetings, early conversations around philanthropic efforts, or educational programs to teach younger people how to manage future wealth, there’s more happening in the field of estate planning than ever before.

Subscribe to enjoy similar stories. When Tata Consultancy Services Ltd (TCS) last month disclosed a ₹2,100 crore-plus profit hit from the new labour codes, that was only the beginning. Of India’s top 30 companies, 25 that have reported the impact of the amended labour regime suffered a nearly ₹12,000-crore blow to their December quarter profits, a Mint analysis showed.