Progressive Financial News

13.04 / 07:19
markets Target Progressive Action show reports Updates Mint Explainer | Why India Inc.'s climate pledges rise, but execution and credibility lag
The number of Indian companies setting climate commitments is rising but their progress is uneven and often lacking in depth. A report by proxy advisory firm Institutional Investor Advisory Services (IiAS) highlights that while target-setting is increasing, many companies fall short on execution, timelines and credibility. Mint explains why India Inc.
13.04 / 04:07
markets Progressive Analysis trends Experts reports Fragile calm: War clouds still linger, re-escalation haunts equities
Mint analysis shows a more telling shift: the intensity of the sell-off has steadily eased since the conflict began, with sharp early declines giving way to progressively smaller losses.The sell-off began with a jolt — between 27 February, the last trading session before hostilities escalated, and 6 March, the Nifty and Sensex fell about 3% each as the conflict broke out, followed by a sharper drop of over 5% the next week. Markets then paused, with a largely flat week, before slipping again by over a percent in the week of 23 March.The attacks began on 28 February.From there, the pressure eased.
03.04 / 00:03
markets UPS Target Progressive Manufacturing Experts Updates Maruti's EV debut stumbles on production woes, global market shift, and delayed domestic launch
Maruti Suzuki India Ltd’s EV debut got off to a poor start with production falling short of target as its domestic launch got delayed, a rare-earth magnet crisis hit manufacturers and global electric vehicle sales growth slowed.The country’s largest car manufacturer exported 25,000 EVs and registered 1,400 units domestically in FY26, missing a target set by chairman RC Bhargava at the start of the fiscal year to produce 70,000 units of its first electric vehicle, mostly for overseas markets. Although Maruti hasn’t disclosed EV production numbers, they are typically a little higher than sales volumes.“There were some initial delays but now the ramp-up is progressing steadily,” Rahul Bharti, senior executive officer-corporate affairs at Maruti Suzuki, told Mint in an emailed response.According to experts, Maruti’s EV manufacturing plan faced setbacks for reasons ranging from a delay in the launch to production-related issues.“The lower-than-anticipated production came on the back of rare earth magnet issues which affected production schedules of automakers.
25.03 / 10:33
markets COST Progressive Manufacturing security economy shock Ficci director general: India must act now to create a resilient energy ecosystem for the future
India’s energy story is inseparable from its growth trajectory. As one of the world’s fastest-growing major economies, its energy demand is rising rapidly. India is now the world’s third-largest energy consumer, and peak electricity demand is projected to reach 345–365 gigawatts (GW) by 2030.
23.03 / 00:03
Provident Booking Progressive Research Trade reports Updates Investor confidence in India’s private banks remains intact—for now.
“These disconnected issues do not take away the confidence in private banks,” said Pratik Shah, partner and national leader, financial services, EY India.Shah’s optimism also stems from stronger regulatory guardrails. He said the regulatory review and oversight process has only got better and more robust over the last few years, and there have been cases where the regulator has not been shy about imposing fines or even shutting down businesses.“I think the environment around us is becoming more and more complex, and business risks are manifesting themselves in a different manner.
20.03 / 10:19
COST Progressive band information reports Department Updates Vodafone Idea, BSNL begin talks to share telecom infrastructure
department of telecommunications (DoT) to a parliamentary panel, come as both operators grapple with capital constraints and uneven network strength across regions, prompting a rethink on overlapping network infrastructure.“Discussions have started between the two of them. The Department will report progress regarding this by next year,” telecom secretary Amit Agrawal told the parliamentary committee as cited in its report dated 16 March available on the Lok Sabha website.The parliamentary committee on communications and information technology, chaired by member of parliament Nishikant Dubey, has asked DoT to facilitate a structured and time-bound decision on comprehensive infrastructure sharing between the two.“The committee are of the view that, where there is direct or indirect government participation in the utilization of towers, duplication of creation of infrastructure and unwanted capital expenditure can be avoided,” it said in the report tabled in Lok Sabha on 16 March.The panel added that in regions where one operator has a stronger presence than the other, collaborative use of towers, fibre, spectrum and other network assets could expand service reach, optimise resource use, reduce expenditure, increase connectivity and accelerate 5G rollout.It has also asked the telecom department to prepare and submit, within six months, a detailed analysis on the sharing of towers, fibre, spectrum, and other network infrastructure, outlining progress, modalities and estimated financial savings to ensure optimal use of public resources and efficient nationwide 5G deployment.Communications minister Jyotiraditya Scindia, however, told Mint that any such arrangement would be a commercial decision.
19.03 / 06:35
COST Progressive economy Trade country inclusion Updates Explainer | Why India is pushing to cut remittance costs at WTO
India joined several developing countries to advocate for a global framework to lower cross-border remittance costs ahead of the World Trade Organisation's 14th ministerial conference (MC14), marking a focus on development-linked financial issues in trade.The proposal, supported by Morocco, Pakistan and the African Group, addresses remittance fees, which remain above the United Nations’ Sustainable Development Goals target of under 3% by 2030. On several routes, costs still range between 5% and 6%, significantly reducing the amount that ultimately reaches recipient households.
17.03 / 01:37
markets Provident Digital Progressive Platform Bill Updates IT firms rethink billing as artificial intelligence reshapes work
AI tokens) going to be part of our commercial model. We're going to factor in the price of the tokens into our model itself, on top of it,” said Balazs Fejes, chief executive officer (CEO) of EPAM, during the company’s analyst day.AI tokens are small units of texts that an AI tool can read.
16.03 / 09:53
markets Progressive Strategy economy social innovations Updates Dani Rodrik: Should economic policymakers maximize the welfare of consumers or workers?
What is an economy for? Since Adam Smith, economists have given a straightforward answer to this question: the economy increases our consumption possibilities. A well-functioning economy is one that offers a widening array of ever-more affordable goods and services, from food and consumer items to housing and transportation.
13.03 / 11:43
markets UPS Progressive CEO Strategy beautiful Updates Premium personal care push begins paying off for FMCG firms
₹350 crore, its managing director and chief executive Saugata Gupta said during the December-quarter earnings call.Gupta said the company’s broader digital-first portfolio, which includes specialized and online-led brands, is also scaling rapidly and is expected to exit 2025-26 with an ARR exceeding ₹1,000 crore.Premiumization has also played a key role in its core hair oil business. Gupta said the value-added hair oils category delivered another strong quarter with market share reaching an all-time high of nearly 30%, reflecting “considerable progress towards premiumization of the mix”.Marico's group chief financial officer, Pawan Agrawal, said this shift towards higher-value products has also supported profitability.
08.03 / 08:11
markets Progressive Platform security show country Updates Bertelsmann sees rural India as its next big investment frontier
Mint.For the early growth-stage corporate venture fund, there is a distinction between what venture capital like to call Bharat and rural India. While the term is all-encompassing, it doesn’t account for the fundamental issues facing rural India.
03.03 / 09:33
markets Progressive Google Gap Cycling Colleges Updates India's mutual funds perfected the take-off. Life cycle funds fix the landing
₹26,000 crore. Over 10 crore folios are active. By most measures, India is making meaningful progress on wealth creation.Yet a gap remained.
27.02 / 01:33
markets Progressive President Courts Updates Mint Quick Edit | Why replacing America’s income tax mop-up with tariff revenues is a flawed fiscal idea
US President Donald Trump’s State of the Union address this week was quite predictable. His claim that this was “the golden age of America,” for example, was par for the course, given his excesses of rhetoric on fuzzy matters like greatness. What stood out was his defiance over his tariff policy just days after America’s apex court struck down his ‘reciprocal tariffs’.
24.02 / 06:57
UPS FIVE Progressive Waters prevention guidelines RBI's push to curb mis-selling by banks may put life insurers in the cross hairs
Subscribe to enjoy similar stories. On 11 February, the Reserve Bank of India released draft guidelines that seek to make banks more accountable for the financial products they sell to individuals. The guidelines aim to prevent banks from mis-selling various financial products, especially life insurance plans that double up as investments.
23.02 / 01:19
markets Progressive CEO economy President Experts Updates Tracing Bandung in the times of a busy AI summit
₹250- ₹270.Now let’s talk of the present. Today, India is the world’s fourth largest economy and is eyeing the number three spot. Our per capita income has crossed $3,000.
18.02 / 02:25
markets UPS Progressive Action Racing reports Updates With China and America in an AI-catapulted space race, the world needs a global treaty on AI warfare
India opened its space sector to private players at a time of covid paralysis. Since then, some progress has indeed been made. Poised for a breathtaking leap into space, however, might be China.In the last week of December, Beijing notified the UN’s International Telecom Union of its plan to put over 200,000 satellites in orbit within a decade.
17.02 / 08:51
Citizens Progressive economy Food poverty show reports Data as our definitive storyteller: Why statistics must lead the narrative of the Indian economy’s emergence
Subscribe to enjoy similar stories. In India today, statistics are no longer confined to official reports or technical briefings. Employment numbers trend on TV.
17.02 / 08:03
UPS Progressive security Mobile Align country innovations India’s climate progress may end up too haphazard without a coherent institutional framework
Subscribe to enjoy similar stories. India’s climate policy has entered a decisive phase. The country must sustain rapid economic growth while managing mounting climate risks that threaten infrastructure, agriculture, energy security and urban resilience.
16.02 / 14:39
COST Progressive security wellness electronic reports testing One year, 12 startups: India AI Mission faces its first real test
Subscribe to enjoy similar stories. NEW DELHI: India’s AI Impact Summit 2026 is emerging as an early gauge of whether the country’s state-backed artificial intelligence (AI) startups can demonstrate meaningful progress in a rapidly shifting global AI landscape, as companies backed under the government’s India AI Mission prepare to showcase their models this week.
15.02 / 10:15
COST Progressive Aware Enterprise wellness Experts innovations No DeepSeek-like splash: India will showcase small AI, early startups at Summit starting tomorrow
Subscribe to enjoy similar stories. NEW DELHI : Despite global attention, India’s artificial intelligence (AI) startups and policymakers do not expect a “DeepSeek moment" to emerge from New Delhi’s weeklong AI gala beginning tomorrow.
14.02 / 01:59
markets UPS Progressive wellness Interviews Biocon nears full integration of biologics business after Mylan buyback
Subscribe to enjoy similar stories. MUMBAI : Biocon Ltd is close to completing the integration of its subsidiary Biocon Biologics Ltd (BBL) with itself, after making progress last quarter on buying back the minority stake, Biocon Biologics' chief executive officer (CEO) Shreehas Tambe said on Friday. The Bengaluru-based company on 14 January said it raised ₹4,150 crore ($460 million) through a qualified institutional placement (QIP) of shares to buy out Mylan Inc’s (Viatris) stake in the subsidiary.

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