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Subscribe to enjoy similar stories. Under the India-EU Free Trade Agreement (FTA), India plans to sharply cut import duties on cars made in the European Union (EU), from the current 110% to 10%, within an annual quota of 250,000 vehicles. For EU-built cars priced above €15,000 ( ₹16.40 lakh), tariffs are expected to ease in stages, starting at around 30-35% when the pact takes effect, likely by the end of 2026.

India’s first class action suit has hit an unexpected hurdle: Ankit Jain, the lead minority shareholder in the ₹2,500-crore siphoning case against Jindal Poly Films, is looking to walk away. Having sold his shares in the company, Jain, who previously represented a 4.99% minority stake alongside other petitioners, has now moved to exit the landmark legal battle.Jain’s legal team informed the Delhi principal bench of the National Company Law Tribunal (NCLT) on Thursday that he had divested his entire shareholding and no longer had the legal standing to appear as a petitioner leading the class action.

Senior citizens increasingly find themselves in court, fighting to reclaim homes they once “gifted” to their children or daughters-in-law, while heirs insist that “a gift is forever”.Under the Transfer of Property Act, 1882, a gift is generally irrevocable unless it carries a valid, agreed contingency for revocation under Section 126. Recent Supreme Court rulings confirm that if a gift deed is absolute and doesn’t include a revocation clause, the donor (the person gifting) cannot cancel it on their own.

Subscribe to enjoy similar stories. Last Thursday, when Rahul Gandhi was railing against the government, I was reminded of Manmohan Singh. Though the Lok Sabha chair scuttled Rahul’s allegations, let me elaborate on this scenario by illustrating incidents related to Singh.

Subscribe to enjoy similar stories. Prestige Estates and Projects Ltd is set to close FY26 on an impressive note, helped by new launches and continued sales traction in existing projects. Pre-sales or bookings rose a whopping 122% year-on-year to ₹22,327 crore in the nine-month period ended December (9MFY26) when it unveiled nine projects (residential and plotted), including Prestige Garden Trails in Mira Road in Q3FY26.

Subscribe to enjoy similar stories. India’s national highway toll collections are projected to breach the landmark ₹1 trillion mark in FY27, a surge fuelled by an aggressive expansion of high-speed corridors and a fundamental shift in how the country charges for road use. Internal government projections seen by Mint suggest a 25% jump in revenue to ₹75,000 crore in FY26, up from ₹61,408 crore in FY25.

Subscribe to enjoy similar stories. Nearly two decades ago, India promised itself—and the US—that nuclear power would be its next big bet. The two countries signed a landmark deal on civilian nuclear energy in 2008, amid protests from politicians and activists alike.

₹702 crore, KHIL’s year-on-year revenue growth went from negative figures in FY20 and 2021 to ₹10.2 crore and ₹10.8 crore in the subsequent post-lockdown years. Their profits went from approximately ₹25 crore in 2020 to ₹312 crore in 2023. “We had our value really down before covid,” Vishal says, “now it’s come up.

Subscribe to enjoy similar stories. JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant’s $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain.

Subscribe to enjoy similar stories. NEW DELHI : Hopes that a landmark cut in federal taxes would provide a lifeline to struggling small cars like Maruti Alto, Spresso and Renault Kwid have been dashed, with latest sales data showing buyers continuing to favour bigger, more expensive vehicles. The trends come in the backdrop of an intensifying tussle between carmakers over policy support for small cars under upcoming emission norms.

Indian infrastructure, as Prime Minister Narendra Modi inaugurates the country's first vertical lift sea bridge—the New Pamban Bridge—linking Rameswaram to the mainland. The occasion, timed with the auspicious festival of Ram Navami, adds a spiritual resonance to a landmark feat of engineering. Rameswaram is not just a town. It’s a place woven deeply into India’s mythological fabric. The Ramayana describes Lord Ram beginning the Ram Setu construction from nearby Dhanushkodi, building a bridge to Lanka. Now, over a hundred years after British engineers built the first Pamban rail bridge in 1914, a bold new chapter begins.

Subscribe to enjoy similar stories. In the sprawling suburbs of Bengaluru rises El Dorado, a city of gold in legends but now an upcoming township. For developer Brigade Group which tagged its launch campaign as #StrikeGold, the name signals the rich potential of the project, the largest in the city's Bagalur special economic zone.

The company on Thursday named chip industry veteran Robert Feurle as its chief executive effective May 1, after it ousted top boss Gregg Lowe without cause in November.

Force Motors surged 7.5% to their intraday high of Rs 9,444.85 on BSE on Friday after the company announced that it has won a major contract to supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces. “We are pleased to inform you that the company has signed a landmark contract for an order of 2,978 vehicles from the Indian Defence Forces, specifically from the Directorate General of Capb, Devp (CD-13/14) General Staff Branch, IHQ of MoD (Army), New Delhi,” the company said in its press release.

QatarEnergy LNG for its North Field Production Sustainability Offshore Compression Project. The order is estimated at around $4 billion (about ₹34,000) crore), according to people familiar with the matter, It surpasses the ₹25,000 crore order won last year by the Railway Strategic Business Group of L&T Construction from an authorised Japanese agency to construct 508 route km of high-speed electrification system works for the Mumbai-Ahmedabad High-Speed Rail Bullet Train Project. The infrastructure firm, in its statement, referred to the project awarded to its offshore hydrocarbon business as an «ultra-mega» project, a term it uses for projects above ₹15,000 crore, without mentioning the order value. Doha-based QatarEnergy is a state-owned petroleum company and one of the largest gas companies in the world.

Eknath Shinde told the legislative council on Wednesday. «Some iconic buildings from the British era have given Mumbai a unique identity. To preserve this legacy and promote architecturally distinctive buildings in Mumbai, the state government has prepared a special policy,» Shinde said. Highlighting the importance of such developments, Shinde said that cities across the world are known for their unique urban planning, neighbourhoods, and landmark buildings. «Mumbai too, being a world-class city, deserves to encourage such iconic structures that will not only beautify the city but also strengthen its appeal as a tourist destination,» he said. The deputy CM said that the current Development Control and Promotion Regulations (DCPR) applicable to Mumbai pose limitations in facilitating the construction of distinctive structures. To address this, he said, the government has proposed separate provisions within the existing regulations to accommodate buildings that can become a symbol of the metropolis.

Datta Power Infra on Thursday announced signing a power purchase agreement with state-owned SJVN to set up a 70 MW wind energy project. SJVN's WIND-1 initiative aims to develop 600 MW of ISTS-connected (Inter-State Transmission System) wind power projects across India, the company said in a statement. Varchasvi Gagal, Managing Director & CEO of Datta Power Infra, said: «We collaborate with SJVN Limited on this landmark 70-MW wind power project, which is a significant step toward strengthening India's renewable energy ecosystem». Datta Power Infra is focused on the end-to-end development of renewable energy projects, including building transmission lines and substations and undertaking engineering, procurement, and construction (EPC) for renewable energy projects.

«In the current situation, we believe that all parties should maintain calm and restraint to avoid escalating the Iran nuclear situation, or even walking towards confrontation and conflict,» foreign ministry spokeswoman Mao Ning told a regular briefing. Beijing will host Russia and Iran for trilateral talks on Tehran's nuclear programme on Friday. The meeting will be attended by China's Vice Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Sergey Ryabkov and Iranian Deputy Foreign Minister Kazem Gharibabadi. The United States withdrew from a landmark deal that had imposed curbs on Iran's nuclear programme in return for sanctions relief during President Donald Trump's first term, which ended in 2021.

Microfinance company Satin Creditcare Network has raised $100 million in external commercial borrowing from Standard Chartered Bank and six Sri Lankan lenders. This is Satin's maiden syndicated social term loan raised from overseas lenders under the automatic route of the Reserve Bank of India (RBI). «Securing $100 million from new lenders, notably prominent Sri Lankan banks, amid challengingThis social loan marks a significant landmark as Satin Creditcare’s first syndicated transaction, reflecting the trust and confidence that global financial institutions have placed in us. It times highlights our strong governance, sustainable growth, and financial resilience,» Satin chairman HP Singh said.

Apple and Meta Platforms are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power, people with direct knowledge of the matter said on Monday. Both companies have been in the European Commission's crosshairs since last year for potential breaches of the Digital Markets Act which could cost companies as much as 10% of their global annual sales. The act, which became law in May 2023, seeks to make it easier for people to move between competing online services like social media platforms, internet browsers and app stores, allowing smaller companies to compete with Big Tech.