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Mint India Investment Summit, Ravishankar said India’s AI opportunity lies less in outspending global leaders and more in building useful products quickly and cost-effectively at scale, leveraging the country’s deep engineering talent.He outlined two broader areas where Indian startups can still create large businesses, even if the country is not yet at the cutting edge of global AI development.The first opportunity, he said, is that India will be a quick adopter of AI across large, everyday use cases. As AI tools improve, many familiar consumer and service categories could be reimagined from the ground up, he said.“India will be a fast follower and a quick consumer of AI in areas such as customer support, citizen services, travel and jobs, where new companies are beginning to rebuild internet products with AI at the centre,” Ravishankar said.The second opportunity lies in the layers around AI itself: infrastructure, software and tools that help other companies build and use AI products.Ravishankar said Indian teams are well-placed because of the country’s large developer base and growing technical talent pool.

Mint.GMR's appeal, through its airport joint venture Delhi International Airport Ltd (Dial), came just ahead of the launch of the National Capital Region’s second major airport in Jewar, sharpening competition for traffic. With jet fuel accounting for about a third of airline costs, the tax gap risks higher fares and a significant traffic shift, the company said. GMR had made a similar appeal last year too.The company has simultaneously sought the Union civil aviation ministry's backing on the matter.The Jewar airport, 90 km from the IGI airport, the country’s busiest one, was inaugurated on 28 March by Prime Minister Narendra Modi.

₹15,000, convinced it’s fair because it served you well. Then the offers arrive: ₹5,000, ₹6,000. You feel insulted.

.A technical committee review has flagged the existing BIS standard for drinking water as outdated, noting it does not adequately reflect newer technologies or the challenges seen in real-world use.The review signals a shift in policy focus—from just expanding tap water access to ensuring the water supplied is safe to drink. Mint explains the development.Fluoride contamination remains a structural issue in India, particularly in groundwater-dependent regions.

India’s government has signalled its intent to amend the Women’s Reservation Act of 2023, also known as the Nari Shakti Vandan Adhiniyam, to fast-track its 33% quota of seats for women in Parliament and state assemblies. The sooner it’s done, the better. It would mark a major step in a long march towards the political and economic emancipation of women in the country.Women constitute almost half the population, but various estimates suggest women contribute less than 20% to GDP—based on models that crunch data on labour force participation, earning gaps, etc, and only capture what’s on the record.

India stands at a crossroads as one of the fastest-growing large economies in the world, yet it also has among the highest levels of inequality, with little movement seen in recent years. On paper, India’s growth story remains strong even as global conditions are uncertain. According to the latest national accounts with a revised base year of 2022-23, India’s real gross domestic product (GDP) grew by 7.2% in 2023-24 and 7.1% in 2024-25.

For decades, the Indian youth dream followed a clear path: move out of farming, get a degree, and secure a stable job. The reality now is far different.More women did farm jobs in 2023-24 compared to six years ago, even though they have made great strides in securing non-agriculture jobs over the decades.

Mint.Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma and Arivihan.While these companies have reached some size and scale, they are still risky bets. “They're not mature businesses in that while their core offerings might be mature, they continue to add new verticals, so they're not mature in that sense,” said Sharma.The firm’s conviction in long-term bets comes as India’s tech ecosystem enters a more mature phase, marked by a wave of listings.

NEW DELHI: The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to curb high-value bank frauds amid the growing use of mule accounts, according to two people aware of the issue.Officials at the meeting will also help devise strategies to fill critical gaps in investigation and enforcement and zero in on procedural bottlenecks, especially delays in securing prosecution sanction under the Prevention of Corruption Act, one person said on condition of anonymity. This issue has increasingly become a sticking point in fraud cases involving bank officials.“With probes often slowed by approval requirements and coordination challenges between lenders and investigators, the high-level meeting signals a push to streamline processes, tighten accountability and strengthen the system’s response to complex, network-driven financial frauds,” the second person said, asking not to be identified.According to Reserve Bank of India data, fraud cases in banks and financial institutions involving amounts of ₹1 lakh and above tripled to ₹34,771 crore in FY25 from ₹11,261 crore in FY24.

Sebi) on Monday approved a sweeping set of regulations based on recommendations of a high-level committee (HLC), aligning rules for senior officials with those applicable to employees and plugging gaps in transparency, recusals and personal investments.Mint explains the new rules and whether they are enough to ensure accountability in Sebi’s top brass.Sebi has introduced a tighter disclosure and recusal framework. The chairman, whole-time members (WTMs) and employees must make initial, annual and event-based disclosures of assets, liabilities, trading activity and relationships, and disclose any negotiations for future employment.The rules mandate recusal in cases of material financial interest or other conflicts, with a digital system to record disclosures and approvals.Public disclosure rules have been only partially expanded.

IBM closed the buyout of Confluent, a US-based data streaming company. At $11 billion, this is IBM’s second-largest acquisition in recent years, after the Red Hat buyout in 2019 for $34 billion. The deal is expected to help IBM boost Agentic AI capabilities.As companies shift from AI pilots to production, they struggle with fragmented data.

₹10 trillion in market capitalization vanished in a single session. Every one of the 30 Sensex stocks closed in the red. All 16 sectoral indices fell.

₹50,000 and 10 days you don't have. So you delay. Or post something off-brand.

farmer incomes, rural livelihoods and export competitiveness. It also mirrors deeper structural issues in the agriculture sector that accounts for around 16% of India’s gross domestic product (GDP), with nearly 46% of the country’s workforce dependent on agriculture."India’s cotton production has remained largely stagnant in recent years, weighed down by technological stagnation, pest resistance, and structural bottlenecks that have eroded farm profitability and discouraged acreage expansion," said Ajai Rana, chairman, Federation of Seed Industry of India (FSII), an association of research-driven seed companies in India.To address the challenges of stagnant cotton productivity, Union budget 2025-26 announced a five-year Cotton Mission and allocated ₹500 crore to increase cotton productivity, especially extra-long staple varieties.

₹16,550 crore during the period due to channel destocking in Q3, while Ebitda fell a sharper 28% to ₹1,470 crore, hit by elevated copper and aluminium prices and higher other expenses.A recovery is expected in FY27, supported by price hikes of 2-9% across products and stronger revenue growth. Centrum Broking estimates earnings per share (EPS) growth of 40% and 23% for FY27 and FY28, respectively, while JM Financial Institutional Securities pegs growth at 31% and 13%.Revenue growth is expected to be driven by portfolio expansion, premiumisation and exports.

emissions data from about 70 plants to establish this baseline. But a review found mismatches between reported emissions and fuel use or production levels at some units, while others used differing calculation methods.

New Delhi: As the war in West Asia disrupts global trade flows, the Indian government has launched a sweeping audit of critical supply chains to map vulnerabilities and reduce import dependence, according to three government officials and documents reviewed by Mint.The exercise, which covers sectors such as pharmaceuticals, medical devices, fertilizers and textiles, comes amid concerns that supply shocks could derail India’s growth trajectory.“The plan is to identify structural vulnerabilities in India’s industrial landscape, with a focus on supply chain dependencies and manufacturing capabilities,” the first official cited above said on condition of anonymity.A detailed government questionnaire circulated by the commerce ministry’s supply chain division—reviewed by Mint—to key stakeholders has asked firms to disclose granular data on import dependence, covering specific items, source countries, reliance on foreign suppliers, and whether key inputs are “irreplaceable or non-substitutable”.The questionnaire also seeks production metrics such as HSN-coded output, domestic and export turnover, and constraints to scale, including technology licensing barriers and infrastructure gaps.

Stock market recap: Indian stock market benchmark indices Sensex and Nifty ended 0.7% higher on Tuesday, 17 March, following gains in global peers. Meanwhile, investors remained on edge amid lingering concerns over the ongoing US-Iran conflict in the Middle East, a sharp rise in crude oil prices, and continued strength in the US dollar, all of which have weighed on risk appetite.Sensex ended 568 points or 0.75% higher at 76,071 while Nifty rose 172 points or 0.74% to settle at 23,581.

As the India Meteorological Department warns of above- normal temperatures across much of India in the coming weeks, the country is once again preparing for a hotter summer. But for many Indians, rising heat is more than a seasonal forecast; it shapes everyday life.Climate change is no longer an abstract environmental challenge.

The court waived the mandatory 30-day "reconsideration period," usually required by the 2023 guidelines, noting that the patient's family, medical boards, and the state were in unanimous agreement. Active euthanasia involves a deliberate act to end a patient's life, such as administering a lethal injection.

Shree Cement had earlier adopted a similar value-over-volume approach to bridge pricing gaps with competitors—a strategy that has begun to show results.However, the move came at a time when the industry was consolidating and peers were pursuing volume-led growth through aggressive expansions. As a result, Shree Cement lost market share, and despite some cost advantages, muted cement prices weighed on its realizations.Ambuja believes consolidation in the sector has not yet delivered the expected pricing discipline.Instead, the company plans to rely on cost efficiencies and premiumization to drive margin expansion.Management expects revenue growth to outpace volume growth as the share of premium products rises.