Equality Financial News

Subscribe to enjoy similar stories.In his recent public addresses, Prime Minister Narendra Modi has urged Indians to reduce the use of imported oils—both crude and edible—as part of broader austerity measures aimed at conserving foreign exchange. The appeal comes amid a widening current account deficit (CAD) and a weakening rupee.But what does the conflict in West Asia, a key hub for crude oil and natural gas production, have to do with cooking oil? The answer lies in interconnected commodity markets and India’s heavy dependence on imported edible oils. Mint explains:PM Modi urged households to cut cooking oil consumption by about 10%, arguing it would benefit both public health and the national economy.

Subscribe to enjoy similar stories.Mumbai: India’s bond market is beginning to price in possible RBI rate hikes later this year after Friday’s fuel price increase renewed concerns over inflation, pushing government bond yields higher and reviving debate over whether the RBI may eventually need to raise rates.On Friday, the benchmark 10-year government bond yield climbed 4 basis points (bps) to 7.06% after state-run oil marketing companies raised petrol and diesel prices by about ₹3 per litre. The yield had already risen around 10 bps since last week to close at 7.02% on Thursday, according to Bloomberg data.

Subscribe to enjoy similar stories.There is a palpable fear among American workers that artificial intelligence (AI) is coming for their jobs. The answer to that fear, as I’ve argued, is to make job loss less scary by building a new unemployment programme. An overhaul is long overdue, and it would help not only a vulnerable labour market but also workers whose fears are realized.But would it be enough?AI job loss is not happening in a bubble.

Subscribe to enjoy similar stories.I thought only I knew. The Tamil actor Vijay, whom people have suddenly taken to calling Joseph Vijay after his political rivals revealed his full name, and who now heads the largest party in Tamil Nadu’s assembly, was my classmate in the third standard. It is a connection I made because I remember trivial things from childhood.

Subscribe to enjoy similar stories.MUMBAI: Global investment firm Carlyle has acquired a majority stake in Knack RCM and EqualizeRCM, two US-based healthcare revenue cycle management (RCM) providers, the companies said in a statement on Monday, as it looks to build an artificial intelligence (AI)-led platform in the US healthcare RCM market.The transaction combines two complementary RCM operators to create what the companies described as an AI-native, multi-specialty platform serving physician groups, rural hospitals and durable medical equipment (DME) providers.Financial terms of the transaction were not disclosed.“The US healthcare revenue cycle market is growing rapidly, driven by margin compression, workforce shortages, and the shift to value-based care,” said Kapil Modi, Partner at Carlyle India Advisors. “We believe Knack and Equalize stand out as leaders with their AI-native, specialty‑focused, and outcomes‑driven approach, which aligns well with the growing needs and demand in healthcare RCM.”The combined entity is expected to expand scale and delivery footprint across the US, India and the Philippines, while deepening capabilities in automation and analytics, the company said.Carlyle said it intends to pursue additional acquisitions to build out the platform, underscoring a consolidation strategy in a sector that remains highly fragmented.“One of the core tenets of this investment is to build a scaled, strategically attractive physician and rural hospital RCM platform in a fragmented industry.

Subscribe to enjoy similar stories.The best business class flight I have ever taken was with Air India. As the flight was taxiing for take-off, it stopped on the tarmac. There was a snag, and we had to stay in the aircraft.

Subscribe to enjoy similar stories.In 1984, Siddharth Kak landed a ringside view into an expedition to Mount Everest as part of a film crew—at the heart of all the action, yet at a safe distance from it. Or so he thought.India was looking to put the first woman on the summit. The newspaper advert that Kak, then 36, stumbled upon seemed too good to be true.

Subscribe to enjoy similar stories.Most of us move through our days submerged in routines, juggling everyday responsibilities. Every now and then, we come up for air, a brief pause to disconnect and reset. But that’s getting harder.Even these moments are now crowded with conversations about war, fragile markets and the growing impact of artificial intelligence on jobs.

Subscribe to enjoy similar stories.At its core, India’s Finance Commission (FC) is a constitutional mechanism for equalization, ensuring that differences in income across states do not translate into differences in access to basic public services. But equalization is only as effective as the information it uses. When fiscal data is incomplete or opaque, the FC’s recommendations—however well intentioned—risk misallocating resources, weakening incentives and undermining fiscal discipline.Fiscal transparency is foundational to India’s fiscal federal system.

Subscribe to enjoy similar stories.Among the worst analyses of human nature is the notion that poverty creates criminal behaviour. Yet, this is a popular perception. As a result, every time an agitation of the poor turns violent, the rich think they know what is going on.

Subscribe to enjoy similar stories.Cancers are real biological cheats. Whereas most of the cells in a healthy animal’s body get along by following the same set of genetic rules, cancer cells shamelessly ignore them.

Subscribe to enjoy similar stories.The Centre’s proposal to fast-track India’s implementation of the Nari Shakti Vandan Adhiniyam (Women’s Reservation Act) by speeding up nationwide delimitation has opened a Pandora’s box. That Act of 2023 amended the Constitution to reserve 33% of seats in Parliament and state assemblies for women. It was to be done after delimitation, a process by which electoral constituencies would be redrawn based on population.Now the Centre has made two big legislative moves—one to enlarge the Lok Sabha’s numeric strength and another to set up a commission that would carve up India’s electoral map afresh and could use population data from an earlier census than envisaged.

An image on the 3 April cover of The Economist shows an angry US President Donald Trump shouting on one side, with China’s President Xi Jinping calmly smiling on the other. “Never interrupt your enemy when he is making a mistake,” says the headline.A revealing picture in the White House’s archives shows US National Security Advisor Henry Kissinger and Chinese Premier Zhou Enlai shaking hands in Beijing on 9 July 1971, when Kissinger made his secret dash for a détente with China. The press was told that Kissinger was unwell and resting in Pakistan.

The global landscape has shifted significantly over the past few weeks, triggered by the unfolding geopolitical complexities in West Asia.As we stepped into 2026, the sentiment was one of cautious optimism. The probability of a global recession appeared slim, and investors were pivoting aggressively toward growth assets.

India’s market regulator is working on a collaborative framework with corporates, academia and professional bodies to expand the pipeline and effectiveness of independent directors, even as recent boardroom tensions at HDFC Bank sharpen scrutiny on governance standards.“Sebi will seek to embark on a joint initiative for capacity building of independent directors at scale with a view to further improve corporate governance,” Sebi chief Tuhin Kanta Pandey said at the 19th Governance Summit hosted by the Confederation of Indian industries (CII) on Monday.“Boards are well constituted, but not always equally effective. Information is available but not always interrogated deeply.

forward-deployed engineers—people who embed with customers to teach them how to use AI.On top of generous base salaries, Zhang has also seen companies offering profit-sharing agreements. Say someone is put in charge of a particular business vertical; they might now get promised 4% of its profits.Chris Vasquez, CEO of Quantum, which recruits teams for high-growth startups, says it’s no longer uncommon for startup workers in certain roles to be making the same total cash compensation as seasoned workers at companies like Meta and Google.“Prior to this, I’d probably never seen anyone over $300,000 on base salaries at seed companies,” says Vasquez.

tax efficiency. Instead, we began with questions about their marriage.

Keki Mistry, for a period of 90 days. So, we have 90 days for the board to undertake the process of examining the regulatory requirements for a part-time chairman. It is possible that if Mr.

Buyers can avail a discount of ₹2-9 lakh on the purchase of a medium or heavy electric truck under the PM E-Drive scheme by providing scrapping certificates for multiple diesel trucks, the ministry of heavy industries has clarified.The scheme mandates that scrapping certificates, also known as certificates of deposit (CDs), must be provided before claiming incentives. Mint explains this quid pro quo to reduce India’s reliance on carbon-heavy road freight, which makes up a third of the country’s total transport sector greenhouse gas emissions.What is the clarification for vehicle scrapping under the PM E-Drive scheme?On 27 February, a statement from the ministry of heavy industries clarified that incentives for new trucks can be granted against one or more valid scrapping certificates for diesel trucks, provided the gross vehicle weight (GVW) of the diesel trucks is higher.The ministry also explained with examples.

F&O segment has evolved into a critical pillar of India’s capital market infrastructure.But success, as often happens in financial markets, brings new challenges.The debate today is no longer about whether derivatives are necessary. The concern instead revolves around the scale and nature of retail participation, particularly in short-dated options.Data over the last few years has shown a clear pattern: a large proportion of retail traders in options incur net losses.

TCS even though there was no IT industry to speak of. What followed was one of the great acts of industrial creation in post-independence India.The foundations of what is today a $300 billion industry were built on his clarity about the opportunity.