Progressive Financial News

14.05 / 07:19
UPS Progressive CEO Tesla Trade President reports How Musk’s visit to China could unlock Tesla’s next big growth driver
Subscribe to enjoy similar stories.Tesla’s stock rose early, then fell, then rose again on Wednesday as CEO Elon Musk heads to China.Shares of the electric-vehicle maker traded up early, then dropped to as low as $430.21 before rising to $445.27, up 2.7% on the day, while the S&P 500 gained 0.6% and the Dow Jones Industrial Average fell 0.1%Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.Americans can pay $99 a month for FSD.
17.05 / 12:39
COST Progressive CEO Strategy Updates Interviews Relationships How Amazon went from an AI also-ran to a real contender
Subscribe to enjoy similar stories.SEATTLE—Not long ago, Amazon was seen as an also-ran in the great AI race.Microsoft, in particular—with its partnership with OpenAI and cloud business outpacing Amazon’s AWS—seemed to have reclaimed its place as the Puget Sound’s reigning tech giant.Things are looking much different for AWS today.That’s thanks to some savvy deals of its own with OpenAI and Anthropic, plans for $200 billion of infrastructure spending and Amazon’s long-term bet on custom chips. It’s also not involved in the ugly tech trial of the year sucking in the biggest names in AI, from Elon Musk and Sam Altman to Mira Murati and Microsoft CEO Satya Nadella.“People thought we were behind,” Matt Garman, head of Amazon’s cloud-computing business, AWS, told me in an interview here on the corporate campus.
16.05 / 16:03
markets Citi Progressive Trade President Updates What did Trump and Xi actually achieve?
Subscribe to enjoy similar stories.IT WAS A tale of two summits. Meeting in China for the first time since 2017, Donald Trump and Xi Jinping committed to stabilising relations and suggested that they had reached new agreements on trade and other areas.
15.05 / 08:15
markets UPS Progressive Trade show cover social Prepare for an AI jobs apocalypse
Subscribe to enjoy similar stories.The launch of ChatGPT in 2022 ignited the artificial-intelligence boom—and elicited a chorus of warnings from AI bosses of an impending jobs apocalypse. Never mind that they have reason to talk up the disruptiveness of their products, or that rich-world employment is near all-time highs—the dark message has landed. Seven in ten Americans think AI will make it harder for people to find work; nearly a third fear for their own jobs.
15.05 / 01:37
markets Progressive Gap trends Trade reports recommendations Stocks to trade: Raja Venkatraman recommends three stocks for 15 May
Subscribe to enjoy similar stories.Stock market recap: The Indian equity markets witnessed healthy buying in almost all segments as investor sentiment was buoyed by ongoing US–China talks.The Sensex closed 790 points, or 1.06%, higher at 75,398.72, while the Nifty 50 ended at 23,689.60, up 277 points, or 1.18%.NAMINDIA (Cmp ₹1093) BERGEPAINT (Cmp ₹533.90) On 14 May 2026, investor sentiment was buoyed by ongoing US–China talks, with hopes that progress could ease global trade tensions. Oil prices edged higher amid persistent concerns over the Iran conflict, adding to volatility across sectors.
10.05 / 10:53
markets Progressive economy Sustainability country social reports Economic success is about relative strengths: Here’s a four-point plan to make India’s economy competitive
Subscribe to enjoy similar stories."Our first kartavya (duty) is to accelerate and sustain economic growth by enhancing productivity and competitiveness.” This statement by India’s finance minister Nirmala Sitharaman in this year’s budget speech set a clear imperative: that productivity and competitiveness are not incidental to India’s growth story, but necessary conditions for its long-term economic development. Its significance has grown clearer since.
06.05 / 08:55
markets Progressive security band Diversity Courts Updates India’s Securities market code revision should lay down penalty provisions in black and white
Subscribe to enjoy similar stories.India’s securities enforcement framework has long faced a contradiction. Parliament has progressively introduced minimum penalties to strengthen deterrence. At the same time, it has retained broad adjudicatory discretion through mitigating factors.
05.05 / 11:21
markets FIVE Progressive DNA Research community Updates AI has gotten away without the self-restraints that scientists employ in the face of risks. How come?
Subscribe to enjoy similar stories.In December 2024, a number of scientists from around the world signed a four-page paper in Science that urged their own community to ensure that an entire class of organisms is never created. Their efforts managed to halt progress in a field that many of them had themselves been pursuing. This marked a rare moment in science when an entire field voluntarily abandoned the path it had been on because of the risks scientists saw ahead of them.The science in question was mirror-life, and the fact that such a moratorium was achieved raises the question of why similar outcomes were not achieved in the field of artificial intelligence (AI).
03.05 / 06:41
UPS MET Progressive economy War country Will the West Asia war accelerate the age of electricity? Explained in charts
Subscribe to enjoy similar stories.When the 1973 oil crisis struck, it dramatically changed the way that economies used fossil fuels such as petroleum. Economies are still fossil-fuel dependent, but much less than about 50 years ago. The West Asia war could prove another turning point in the story of dependence on fossil fuels.
02.05 / 01:25
markets UPS FIVE Progressive band performer Updates India’s green energy sector may be hit by power regulator’s stricter performance standards
Subscribe to enjoy similar stories.A regulatory effort to keep the national power grid stable and make green power more reliable may wreck the revenues of producers and potentially lead to tariff hikes, industry executives warned. The regulator has proposed steep penalties for companies which are under- or over-producing power, rattling solar and wind power firms dependent on the vagaries of weather.In the power sector, a deviation settlement mechanism (DSM) penalizes producers when what they deliver to discoms differs from what they promised.
30.04 / 08:07
Progressive Food performer cover social reports Updates Government to roll out Panchayat Advancement Index 3.0 to boost data-driven grassroots planning, assess progress
Subscribe to enjoy similar stories.The government is set to roll out the third iteration of the Panchayat Advancement Index (PAI) in May, strengthening its push for evidence-based planning at the grassroots level, said Sushil Kumar Lohani, additional secretary in the ministry of panchayati raj.PAI, first launched for 2022-23, is a composite index to assess the performance and progress of gram panchayats across India by using socio-economic indicators, identifying development gaps and supporting evidence-based planning. The introduction of PAI 3.0 for 2025-26 is expected to transform rural areas by enhancing service delivery, infrastructure and livelihoods.With about 65% of India’s population living in the rural areas, PAI could significantly improve transparency and accountability, ultimately transforming living standards and accelerating inclusive growth across almost 665,000 villages.The updated index builds on earlier versions that have already been adopted by several states as a core planning tool.
30.04 / 02:29
markets COST Progressive Mobile Highways Updates Mint Quick Edit: Clean mobility is the future, no doubt, but it’s not approaching fast enough
Subscribe to enjoy similar stories.The government’s push for clean mobility, though a climate imperative, is pushing India’s automobile industry through a difficult transition. Going by road transport and highways minister Nitin Gadkari’s comments this week, the Centre wants faster progress.
28.04 / 08:41
markets Digital Progressive Align Intuit stage inclusion How personal finance could become a breeze now that Agentic AI is ready to do the grunt work
Subscribe to enjoy similar stories.In most modern homes, we only think about electricity or wi-fi when they stop working. They are essential, life-altering utilities that function quietly in the background, demanding zero cognitive effort. They enable productivity, comfort and continuity without needing constant intervention.
28.04 / 06:47
markets Progressive Align information reports Equality International Fiscal opacity distorts the financial picture that India’s Finance Commissions need to do their role justice
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.
28.04 / 00:55
UPS Progressive Gap Enterprise track inclusion information The ₹5 trillion question: Is India’s gender budget delivering for women entrepreneurs?
Subscribe to enjoy similar stories.A decade has passed since India began rebuilding inclusive and progressive infrastructure for women, with the gender budget hitting ₹5 trillion in 2026-27. This represents around 9% of the Centre’s total expenditure.While the push for women’s inclusion through higher expenditure is visible, and millions of women are part of several schemes encompassing self-help groups, small businesses, and employment, among others, several gaps remain that raise questions about whether these benefits are just on paper.Data shows that over 50 million women beneficiaries are under the Pradhan Mantri Mudra Yojana (PMMY), and over 100 million under self-help groups, but very few are registered businesses—the share of formally registered enterprises run by women was just 20.5% in 2023-24, marginally up from 17.5% in 2021-22.While the gender budget has grown in size, the internal architecture suggests a shifting focus towards livelihood rather than women-led industrialization.
27.04 / 00:41
UPS Progressive Career Gap Analysis show reports Young women trail older peers in reaching India’s boardrooms
Subscribe to enjoy similar stories.Gender parity in India Inc.’s boardrooms remains distant, and the gap is widest among younger women entering the director pipeline, official data show.A Mint analysis of ministry of corporate affairs data up to January 2026 shows women accounted for 32.5% of more than a million director identification numbers (DINs) issued over the past two years. But in the 18-30 age group, their share dropped to 26%, or roughly one in four of the 339,000 DINs issued, compared with 73.92% for men.DIN—an eight-digit identifier required to serve on company boards—helps track an individual’s involvement across multiple companies, though it does not guarantee a board seat.Representation improved with age.
24.04 / 10:53
markets Progressive Trade Actor show country Iran’s insistence on controlling Hormuz is penny smart, dollar foolish
Subscribe to enjoy similar stories.THE US-IRAN conflict has revealed something that many outside observers—and perhaps even some within—had underestimated: Iran’s strategic doctrine of resilience is not just rhetorical. For years, terms such as the “resistance economy”, “distributed deterrence” and “self-reliance under pressure” were often dismissed, both abroad and domestically, as political language rather than strategic reality. Yet in the face of sustained confrontation with a vastly superior military and economic power, these ideas have proved coherent in practice.
24.04 / 02:09
markets Provident Progressive JPMorgan testing strain Updates Oracle’s deluge of AI debt pushes Wall Street to the limit
Subscribe to enjoy similar stories.Oracle’s $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom.Banks including JPMorgan Chase struggled for months to spread the risk of billions of dollars in loans they made to build data centers leased to Oracle in Texas and Wisconsin, people familiar with the matter said. Many financial institutions that would ordinarily buy those loans face restrictions on how much exposure they can have to a single counterparty, and the sheer size of these debt packages pushed them to the limit with Oracle.
22.04 / 12:23
UPS Citi Target Progressive pandemic reports Department New York City Is Beating the Postpandemic Shoplifting Scourge
Subscribe to enjoy similar stories.Earlier this month, local business leader Tom Harris picked up eyedrops at a drugstore near his office without needing an employee to retrieve them from behind a locked plexiglass barrier. In that seemingly mundane act, he glimpsed evidence of the turnaround for New York City’s shoplifting epidemic.Harris, president of the Times Square Alliance, a Manhattan business group with some 2,600 members, said he once fielded several calls a day from retailers about their problems with theft.
19.04 / 14:11
markets Progressive Manufacturing NVIDIA Trade reports Updates Intel is making progress. But it isn’t out of the woods yet.
Subscribe to enjoy similar stories.Intel still has a long way to go to reclaim its former glory. The problem is that investors are acting like that’s already happened.The storied chip maker’s stock price has soared 88% so far this year, and more than tripled over the last 12 months.
17.04 / 07:07
markets Digital Progressive Action Food track information Mint Explainer: Why FSSAI’s new digital food recall portal is a big shift for consumer safety
Subscribe to enjoy similar stories.India’s food safety regulator has moved food recalls from paper trails to real-time digital tracking.The Food Safety and Standards Authority of India (FSSAI) has launched a dedicated “Food Recall” portal in March 2026, integrated into its FoSCoS licensing system, creating a centralized cloud-based hub to track recalled products.The shift comes after high-profile recall episodes — from Maggi noodles in 2015 to recent concerns over spices and protein supplements — exposed the delays and opacity in manual systems.The new framework aims to significantly reduce the time between identifying a food safety hazard and removing the product from the market.Mint explains.The “Food Recall” portal is a web-based facility integrated into FoSCoS. Each recall is assigned a unique identification number, allowing digital monitoring and public access to recall information.All new recalls initiated by enforcement authorities — including Designated Officers (DOs) and Central Licensing Authorities (CLAs) — must now be created directly in the FoSCoS system using official logins.

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