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13.02 / 07:47

UPS Citi Citizens Waters Election country reports India’s booming economy can’t fix its cities—because no one’s in charge

Subscribe to enjoy similar stories. India is getting richer every year, but its cities don’t seem to be getting any more livable. Not because the country is too poor, or because leaders lack ambition, but because urban citizens are starved of funds and deprived of representation.

13.02 / 05:05

markets Target Progressive President Celebrity social reports Trump wants lower rates. The Fed sees little reason to comply.

Subscribe to enjoy similar stories. The White House wants lower rates. The Federal Reserve just got a week’s worth of reasons not to deliver them at its March meeting.

13.02 / 01:17

COST Provident security Analysis Bill social reports India’s top firms suffer a ₹12,000 crore labour code blow in Q3

Subscribe to enjoy similar stories. When Tata Consultancy Services Ltd (TCS) last month disclosed a ₹2,100 crore-plus profit hit from the new labour codes, that was only the beginning. Of India’s top 30 companies, 25 that have reported the impact of the amended labour regime suffered a nearly ₹12,000-crore blow to their December quarter profits, a Mint analysis showed.

13.02 / 01:17

Digital Platform wellness country social reports Courts Mint Explainer | India’s AI rules and the elusive quest for online safety

Subscribe to enjoy similar stories. India notified its artificial intelligence (AI) rules this week, cutting the deadline for taking down sexual content to within two hours of reporting. For other content, the time given is three hours.

13.02 / 01:17

UPS Entertainment Food show reports Mint Explainer: New basket, same inflation story? The math behind India’s CPI reset

Subscribe to enjoy similar stories. NEW DELHI : India’s inflation basket has witnessed a sharp reset after over a decade, and it proved to be an anticlimax of sorts. Going into the inflation data released on Thursday, the hypothesis was: Our inflation measurement was highly outdated, and the monthly numbers we got—and, by extension, our monetary policy decisions—may not have been grounded in reality for some years.

12.02 / 09:47

COST Provident Manufacturing security Mobile country reports Delhi joins the Centre's e-bus payment security scheme

Subscribe to enjoy similar stories. NEW DELHI : The national capital, India’s largest market for electric buses, has been included in the PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme that has already onboarded 15 Indian states, two government officials aware of the development said. The Centre has also released the first tranche of ₹500 crore for the ₹3,435.33-crore scheme, envisioned to provide payment security in the event of default by public transport authorities (PTAs) to e-bus bidders, operators, or original equipment manufacturers, the people added, on the condition of anonymity.

12.02 / 06:51

markets UPS Gap Fighting Trade hospital reports As EU wines get cheaper, Fratelli braces for a tougher fight on Indian shelves

Subscribe to enjoy similar stories. As India prepares to cut steep import duties on European wines under the trade deal signed with the European Union (EU) last month, Indian wine brands say they are bracing for tougher competition from imported labels that could soon be priced closer to Indian bottles. India currently levies a steep 150% duty on imported wines.

12.02 / 01:49

COST UPS Google Apple reports International Big Tech’s spending spree is about far more than capex

Subscribe to enjoy similar stories. As fourth-quarter Big Tech earnings approached, the usual discussions of sales growth and profits took a back seat to the flood of capital expenditures on artificial-intelligence data centers. In 2025, four companies–Amazon.com, Microsoft, Alphabet and Meta Platforms—spent over $400 billion, roughly the gross domestic product of Pakistan, according to the International Monetary Fund.

12.02 / 00:35

COST security Trade President love Diversity reports From Caracas, with love: How Venezuela's reopening helps India's energy agenda

Subscribe to enjoy similar stories. New Delhi is positioning for an oil windfall from Venezuela, as the South American nation prepares to re-route hundreds of thousands of crude oil barrels currently shipped to China. As American sanctions on Venezuela end, Caracas may dispatch to India and the US 400,000 barrels per day that it now sends to Beijing, three people aware of the matter said.

11.02 / 12:09

COST Digital Platform Instagram social reports Destinations AI rules: 2-hour deepfake takedown timeline lands Big Tech in compliance furore

Subscribe to enjoy similar stories. NEW DELHI: India’s first-ever artificial intelligence (AI) law, notified on Tuesday, may set Big Tech scrambling to put in place adequate content moderation teams after New Delhi drastically shortened timelines for taking down deepfake posts with nudity, defamatory and other illicit content. The Centre has maintained that most technology firms are well-equipped to automate scanning and curb harmful content online.

11.02 / 09:55

markets Digital Trade President show reports International Andy Mukherjee: Is China’s interest-paying e-CNY going to challenge the almighty US dollar?

Subscribe to enjoy similar stories. The highest US tariffs in almost a century have had a muted impact so far on global growth, but Asian policymakers aren’t lulled by the calm. They’re taking their cues from jumpy markets and plotting what appears to be a mutiny against King Dollar.

11.02 / 08:21

markets UPS CEO trends track reports HUL Q3 preview: Results may reveal key consumption trends

Subscribe to enjoy similar stories. Hindustan Unilever Ltd is set to announce its third-quarter results on Thursday, but more than the numbers, investors will look for clues on how India’s consumption story is shaping up after major structural and regulatory changes in the recent past. HUL is expected to post a profit after tax of ₹ 2,597 crore and revenue of ₹16,156 crore in the three months ended December, according to Bloomberg estimates based on 19 analysts who track the stock.

11.02 / 06:57

markets UPS security Trade track reports Excise hike lights up margin, illicit trade risks for cigarette stocks

Subscribe to enjoy similar stories. MUMBAI: A recent excise duty hike on cigarettes has rattled tobacco stocks, with investors bracing for margin pressure, potential volume erosion and a possible surge in illicit trade, even as underlying demand remains sticky. An additional excise duty on cigarettes and other tobacco products, over and above the highest 40% goods and services tax (GST) rate, took effect on 1 February.

11.02 / 06:57

UPS DELL Universities reports Devina Mehra: Rags to riches? Most ‘self-made’ billionaires were not really self-made

Subscribe to enjoy similar stories. Which is the land that exemplifies ‘rags to riches,’ where you can be anything in the world? I am sure the US will come to mind. You know all those glamorous stories of college drop-outs, guys who started out in garages and made it big.

11.02 / 06:57

markets UPS IPO Platform composer reports rights Rapido founders shed 'promoter' tags for IPO, joining a growing trend among new-age firms

Subscribe to enjoy similar stories. MUMBAI: The three co-founders of ride-hailing platform Rapido—Aravind Sanka, Pavan Guntupalli and Rishikesh S R—have shed their promoter tags, with the company's board approving a proposal in August last yearto reclassify them as non-promoter shareholders, according to a regulatory filing reviewed by Mint.

11.02 / 04:53

FIVE Airlines Cycling exclusive reports Traffic International FedEx, DHL JV to fly cargo from Navi Mumbai ahead of Mumbai freighter shutdown

Subscribe to enjoy similar stories. Five foreign freighters, including FedEx and a DHL joint venture, are expected to begin operations at Navi Mumbai International Airport (NMIA), from May, two cargo officials familiar with the matter told Mint. This comes nearly three months before cargo-carrying planes temporarily cease operations at Mumbai International Airport from 1 August.

11.02 / 01:37

markets economy pandemic reports Mint Quick Edit | January auto sales ease anxiety over India’s K-shaped recovery from the pandemic

Subscribe to enjoy similar stories. Vehicle sales in January should put smiles on many faces. Overall retail sales, according to data released by the Federation of Automobile Dealers Associations on Tuesday, grew about 18% from a year earlier to 2.72 million.

11.02 / 01:37

Booking President Justice show reports Department Investigations Epstein Files appear to show effort to get Trump letter for birthday book

Subscribe to enjoy similar stories. Newly released Justice Department documents appear to show an effort to get Donald Trump to contribute to Jeffrey Epstein’s 50th birthday book and reveal that the Federal Bureau of Investigation seized material about the project during its investigation into the sex offender. A person whose name is redacted sent an email with the subject line “b-day book update" on Dec.

11.02 / 01:37

UPS BLOCK Airlines President country reports Department Life in Cuba is grinding to a halt under US oil blockade

Subscribe to enjoy similar stories. Daily life in Cuba is grinding to a halt under a U.S. campaign to block the island’s oil imports, drawing international criticism that the Trump administration is pushing the island toward a humanitarian crisis with no clear endgame.

11.02 / 00:49

markets UPS ICE wellness performer reports Erratic winter puts clothing retailers on thin ice for a second straight year

Subscribe to enjoy similar stories. Bengaluru: Sales of winter wear were underwhelming for the second year in a row as an unusually delayed and milder winter disrupted demand for heavy winter wear, particularly in north and west India, executives at two of India’s top clothing retailers said. Initial optimism for a bumper season this year compounded the disappointment for retailers.

10.02 / 15:07

markets UPS Citi country reports Bengaluru's Sattva Group enters Mumbai with ₹11,000 crore redevelopment push

Subscribe to enjoy similar stories. BENGALURU : City-based real estate company Sattva Group has entered the Mumbai Metropolitan Region (MMR) property market with six residential and commercial redevelopment projects spanning over 8 million sq ft area. The projects are located in micro-markets across MMR—in Parel (Sewri), Prabhadevi, Goregaon East, Vile Parle East, Powai and near Bandra Kurla Complex (BKC).

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