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Subscribe to enjoy similar stories. U.S. importers on Tuesday will no longer have to pay most of the sweeping tariffs President Trump imposed last year.

Mukesh Ambani's Reliance Industries Ltd (RIL) is looking to replicate its mobile data tariff strategy in smart eyewear — betting on aggressive pricing and scale to bring artificial intelligence (AI)-powered glasses to a wider audience, analysts and industry executives in the know said.JioFrames AI smart glasses, unveiled last year at RIL's annual general meeting, are expected to hit the market in the next 2-3 months, an industry executive said, adding that prices are likely to be significantly lower than the Ray-Ban Meta smart glasses that are available in the market. Analysts expect Jio Platforms to price its smart glasses below ₹10,000, roughly a third of the starting price of the Gen 1 variant offered by market leader Ray-Ban Meta, which sells at around ₹30,000.Smart glasses combine traditional eyewear with built-in speakers, microphones and AI features, allowing users to listen to music, take calls, capture photos and access digital assistance without pulling out a phone.The market for smart glasses has started heating up, with companies such as Lenskart and AI platform Sarvam also looking to launch these products.

India’s long-held ambition to become a serious shipbuilding nation on par with giants such as China, South Korea, and Japan may finally get off the starting blocks in the second half of 2026, at a time when the Asian shipyards are packed with orders, with waiting periods stretching into several years.In the first instance of a global shipbuilding giant investing directly in core shipbuilding infrastructure in India, state-run Cochin Shipyard Limited (CSL) and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE)—part of the HD Hyundai Group—are in final stages of forming a joint venture to set up a $500-million manufacturing facility in Kochi, with both partners contributing equally.CSL’s chairman and managing director, Jose V.J. said a CSL team would visit South Korea this month to finalise the deal.

Subscribe to enjoy similar stories. In the regulatory tussle over supervision of India's clearing houses, the European Union blinked first. Ending a three-year standoff over supervision of the Clearing Corp.

₹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.

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.

Subscribe to enjoy similar stories. On 14 February, the boards of Religare Enterprises Ltd (REL) and Religare Finvest Ltd (RFL) approved a demerger of its insurance and financial services businesses into two separate listed entities. REL will retain control of Care Health Insurance, while lending, broking, investment, and ancillary activities would be transferred to RFL.

New Delhi/Bengaluru: Embattled entrepreneur Bhavish Aggarwal-owned artificial intelligence venture, Krutrim, is being propped up almost entirely by business routed through venture-capital- and public-investor-backed Ola companies — raising fresh questions among experts over governance and the use of shareholder-backed resources to support a promoter-owned unit.Krutrim SI Designs Pvt Ltd, which Aggarwal set up through his family office in the summer of 2023, reported revenue from operations of ₹101.7 crore for the year ended March 2025, according to its financials filed with the ministry of corporate affairs. Of this, ₹90.8 crore or 90% of revenue came from two group entities: Ola Electric Mobility and ANI Technologies.Ola Electric Technologies Pvt Ltd, the wholly-owned subsidiary of Ola Electric Mobility Ltd, accounted for ₹23.87 crore, while Ola Cell Technologies Pvt Ltd, the other subsidiary of the listed company, brought in ₹2.29 crore, according to the review of the financials by Mint.

Tata Steel, India's second-largest steelmaker, aims to source half of its iron ore requirements from captive mines after 2030, down from 100% now, as steep premiums in mine auctions make relying only on leased blocks economically unviable—prompting the company to consider open-market purchases and imports to secure ore.“We will certainly look for at least 50% captive so that the operations are stable, but between 50 and 100 will probably depend on the economics,” Tata Steel chief executive officer T.V. Narendran told Mint on the sidelines of a business event on Saturday, 21 February.The shift comes ahead of the expiry of its leases in Jharkhand and Odisha by FY2030 under the amended Mines and Minerals (Development and Regulation) Act, which mandates auctions for allocation of mineral blocks—which will raise raw material costs at India's oldest steelmakers, as also its peers.The steelmaker will look to buy iron ore from the open market post 2030 when its long term leases of captive iron ore mines end.

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. JSW Infrastructure Ltd’s management has approved equity fund raising of up to 250 million shares on Friday, which is almost equal to its initial public offering (IPO) size in terms of number of shares. A qualified institutional placement (QIP) is likely to be the preferred mode for raising funds.

poha becomes 200 calories. Chapatis, dosas and pooris all become data points.When it started in 2012, the idea felt almost premature. India was only beginning to embrace food delivery apps and venture capital was chasing e-commerce and mobility.

In Jules Verne’s classic Twenty Thousand Leagues Under the Sea, Captain Nemo’s futuristic submarine, the Nautilus, is battery-powered. Electric shipping has remained science fiction ever since. That might be about to change, though.

Subscribe to enjoy similar stories. For a few minutes after the Supreme Court struck down President Trump’s signature tariffs Friday, Ethan Allen Chief Executive Farooq Kathwari felt a jolt of relief. Then a jumble of emails from colleagues began pouring in.

Subscribe to enjoy similar stories. Brookfield-backed CleanMax Enviro, one of the leading early movers in India's corporate renewable energy sector, is set to launch its initial public offering (IPO) on 23 February. As of FY25, the company commands an 8% market share of annual open-access renewable energy capacity additions, reinforcing its position as a primary provider of decarbonization solutions.

While the transatlantic relationship made the headlines at this month’s Munich Security Conference, many of the European analysts I hung out with were more concerned about whether, how and how quickly Europe could build adequate military capacity to achieve meaningful strategic autonomy. The twin fears of a potential Russian invasion and an American divorce have compelled Europe’s leaders to invest in military capacity, but it presents the EU and its member states with unprecedented structural challenges.Europe sees a threat to the Union itself, but has to rely on the military establishments of its member-states to respond to it. Like the Pope, Brussels has practically no divisions under its command.

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Subscribe to enjoy similar stories. Climate Change & You is a fortnightly newsletter written by Bibek Bhattacharya and Sayantan Bera. Subscribe to Mint’s newsletters to get them directly in your inbox. Dear reader, If you own a petrol vehicle, you must be aware by now that the fuel you use is a blend.

Bengaluru: Swiggy’s decision to shut down its standalone 10-minute food-delivery app Snacc underscores the steep financial hurdles of ultra-fast food fulfillment, a format that remains difficult to scale even with simplified operations. Industry executives told Mint that the move highlights the persistent struggle to build a viable business model in a space where multiple platforms are still racing to find a solution.“Speed alone does not make food delivery work.

India Inc’s December-quarter earnings reflected a festive boost that was strong but selective. It also hinted that the easy phase of margin-led profit growth may be over.Mint’s analysis of 3,905 companies showed headline revenue rose 10% year-on-year in Q3FY26, the fastest pace in seven quarters.

₹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.