FIVE Financial News

Subscribe to enjoy similar stories. Indian Railways is exploring three new freight corridors to extend the high-speed cargo network deeper into southern, eastern, and central India, building on the success of two operational lines to create a continuous nationwide logistics loop, two people aware of the development said. Detailed project reports for the three new lines have been completed and are under examination, said one of the three people quoted earlier.

Subscribe to enjoy similar stories. New Delhi: A new evaluation of the Centre’s onion buffer programme has found that the Price Stabilisation Fund (PSF) has been able to significantly reduce retail price volatility of the vegetable and improve farmer incomes.

Subscribe to enjoy similar stories. ULANQAB, China—The U.S. invented the most powerful artificial-intelligence models and controls access to the most advanced computer chips, but China has an ace to play in the global AI contest.

Subscribe to enjoy similar stories. India’s retail inflation likely inched up to 0.8% in November from a record low of 0.25% in October, largely driven by fading base effects, a Mint poll of 20 economists showed. While inflation is expected to have bottomed-out in October, prices pressures are expected to remain weak both in foods (due to a good monsoon and harvest) and non-foods (due to GST cuts and possibly weak demand).

Subscribe to enjoy similar stories. Although the Nifty hovers near all-time highs, the broader market continues to correct, revealing a very different story beneath the headline index. Even within the Nifty, the recent upmove has been driven by a narrow set of names in banking, autos, and metals, while most other sectors have struggled to find momentum.

Subscribe to enjoy similar stories. A debate is raging over the accounting treatment of Nvidia chips and other equipment that tech companies are splurging on. This time, some of the AI companies’ critics may be overreaching.

Subscribe to enjoy similar stories. Anxiety has given way to hope on Wall Street. Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.

Subscribe to enjoy similar stories. Do individuals matter more than the collective? Is a world where every human contentedly works towards common goals better than one in which selfish motives constantly clash? Is human creativity, born of individual expression, worth the price we pay for it in violence? These are some of the questions Pluribus, the new Apple TV+ drama by Vince Gilligan, creator of Breaking Bad and Better Call Saul, asks without undue subtlety. We are just five episodes in, but they are not the subtext of the show—they are the show.

Subscribe to enjoy similar stories. So, what’s the best do-it-all wristwatch? Which is that one watch that can be your one and only, the one that you can wear anywhere and do anything with? Because, let’s face it, most people own and wear only one watch at a time. So, if you need a timepiece that you can wear to work, as well as to a party, or to a wedding, or just wear every day, it should be a true all-rounder: good versatile looks and with at least 50m of water resistance.

Subscribe to enjoy similar stories. India is ageing faster than most people realise. By 2030, one in five Indians will be over 50 – this is a demographic shift with major implications for productivity, healthcare and quality of life.

Subscribe to enjoy similar stories. Work permits issued to immigrants who have applied for asylum or a range of other humanitarian programs will now be valid for 18 months rather than five years, under a new policy announced Thursday by the Trump administration. By forcing immigrants to renew their work permits more often, the government will have more opportunities to re-vet them, said Joe Edlow, director of U.S.

Subscribe to enjoy similar stories. As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank’s move this time. The policy comes in the backdrop of record-low inflation, surprisingly strong real GDP numbers, weakening nominal growth and rising external risks.

Subscribe to enjoy similar stories. When Navneet Gupta left his employer in 2020, he walked out with more than experience—a life-changing Esop payout. As an early employee, his stock options grew in tandem with the company’s rapid rise, driven by a global mobility boom and a series of acquisitions in the cab-hailing segment.

Subscribe to enjoy similar stories. The rupee’s fall to a historic low against the US dollar on Wednesday has left one segment of companies cheering – India’s $283 billion information technology (IT) sector. The rupee plunged to 90.29 against the dollar before closing at 90.19, marking a fall of 5.4% since the start of the fiscal year.

Subscribe to enjoy similar stories. Agriculture-solutions provider Coromandel International Ltd’s stock has risen 30% over the past year as investors warm to its push to structurally lift Ebitda margins and smoothen earnings. A ₹4,000–5,000 crore capex commitment over FY25–28 is central to this shift.

Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Subscribe to Mint's newsletters to get them directly in your email inbox. "The attempt and not the deed confounds us," says Lady Macbeth in Shakespeare's classic play Macbeth.

Subscribe to enjoy similar stories. The AI revolution has created a unique and high-quality problem for Nvidia: The chip maker makes too much money. Nvidia has fallen under scrutiny over the past month as investors have come to worry about the sustainability of blowout artificial-intelligence spending.

Subscribe to enjoy similar stories. The share of information technology (IT) services stocks in the BSE 30 Sensex in 2025 has fallen to a 18-year low of 11.3%, just better than the 8.8% in 2007, as rise of artificial intelligence tools and prospects of uncertain growth make investors jittery. This coincides with OpenAI’s launch in November 2022, which marked an inflection point in the country’s $283 billion sector as it upended the way businesses were run.

Subscribe to enjoy similar stories. NEW DELHI: French spirits major Pernod Ricard India is sharpening its focus on premium alcohol, exiting the mass-market whisky segment even as it launches a new India-made brand aimed at consumers trading up. The company this week completed the sale of its Imperial Blue whisky, among India’s largest-selling mass brands, to Tilaknagar Industries.

Pakistani crew member on a fishing vessel off the Oman coast, the Navy said on Sunday. INS Trikand, a mission-deployed stealth frigate of the Indian Navy, on Friday intercepted a distress call from an Iranian dhow Al Omeedi, operating approximately 350 nautical miles east of the Oman coast. The Navy, in a release, said upon investigation, it was found that a crew member of the dhow had sustained severe injuries to his fingers while working on the engine and was in critical condition and that he had been transferred to another dhow, FV Abdul Rehman Hanzia, which was en route to Iran. «Trikand immediately altered her course to provide medical assistance to the injured crew member. The crew of FV Abdul Rehman Hanzia consisted of 11 Pakistani (nine Baloch and two Sindhi) and five Iranian personnel. The injured Pakistani (Baloch) national had suffered multiple fractures and severe hand injuries, resulting in heavy blood loss,» the Navy said. The medical officer of INS Trikand, along with a team comprising MARCOS (Marine Commandos) and the ship's boarding team, boarded the vessel to administer aid, it said. After administering local anaesthesia, the ship's medical team performed suturing and splinting on the injured fingers, and the surgical procedure, which lasted for over three hours, was completed, it said,

Reserve Bank of India's rate-setting panel is set to take its first monetary policy decision of the financial year in a review meetings starting Monday, amid a significant moderation in headline inflation over recent months. A Reuters poll of economists forecasts a 25 basis point cut in rates at the meeting. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. The other five meetings are scheduled for June 4-6, August 5-7, September 29-October 1, December 3-5, and February 4-6. In the previous MPC meeting on February 7, the Reserve Bank of India (RBI) had unanimously decided to reduce the policy rate by 25 basis points (bps) from 6.5 per cent to 6.25 per cent. This was the first rate cut in about 5 years. The repo rate is the rate of interest at which the RBI lends to other banks.