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Subscribe to enjoy similar stories. Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.

Subscribe to enjoy similar stories. Swiggy Ltd’s large ₹10,000 crore qualified institutional placement (QIP) comes barely a year after its initial public offering (IPO). For investors, this appears to be a message that the company is eager for capital.

Subscribe to enjoy similar stories. Surging EchoStar stock could have more upside if SpaceX ends up going public in 2026 at anything close to the reported $1.5 trillion valuation that the Elon Musk-controlled satellite, rocket, and space company could seek. EchoStar has become the top SpaceX proxy in the public markets since EchoStar sold wireless spectrum to SpaceX in two separate transactions in September and November for a package of cash and SpaceX stock.

Subscribe to enjoy similar stories. New Delhi: A new evaluation of the Centre’s onion buffer programme has found that the Price Stabilisation Fund (PSF) has been able to significantly reduce retail price volatility of the vegetable and improve farmer incomes.

Subscribe to enjoy similar stories. A wave of warnings over Kaynes Technology’s finances has rattled India’s electronics manufacturing sector (EMS), sharpening focus on the industry’s ability to fund the heavy investments required to tap upcoming government incentives. Brokerage firm Kotak Securities’ notes on the company this month has had a cascade effect on the wider sector.

Subscribe to enjoy similar stories. New Delhi: India’s drug regulator has raised an urgent red flag over a threat to the country’s most effective malaria medicines, directing all state drug controllers to immediately trace and stop the manufacturing and sale of oral single-drug artemisinin formulations, the active ingredient used in the country's most potent malaria drugs, two officials said, citing an 8 December order seen by Mint.

UPI, handles roughly 3% of UPI’s daily volume; Real Time Gross Settlement (RTGS), designed for large-value transfers between banks and businesses, processes in a full day what UPI clears within minutes; and for every credit card transaction in the country, there are nearly 40 UPI payments.Each system serves a different purpose, but the comparison underscores how dramatically the centre of gravity in India’s payment landscape has shifted.This pattern demonstrates that UPI’s rise is not merely a technological upgrade; it reflects a deeper behavioural shift in how routine payment activity is conducted across the country.That success story is real, but it is also incomplete. When a single system becomes this dominant, national aggregates start to tell us less and less about what is actually happening on the ground.

Subscribe to enjoy similar stories. Shares of India’s state-run oil marketing companies (OMCs) have declined 6-9% over the past month, hit by recent volatility in marketing margins. The margin on diesel fell to an 18-month low of negative ₹0.3 per litre in the third week of November amid US sanctions on Russian firms that have disrupted diesel exports.

Subscribe to enjoy similar stories. MUMBAI: Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to ₹2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.

India’s government finally announced the implementation of the four labour codes passed by Parliament about five years ago, starting 21 November 2025. These four, namely the Code on Wages of 2019, Industrial Relations Code of 2020, Code on Social Security of 2020 and the Occupational Safety, Health and Working Conditions Code of 2020, were meant to rationalize 29 old labour laws by replacing them with new codes, as recommended in a 2002 report by the second National Commission of Labour set up in 1999.The objective was to simplify labour laws and make them effective—for the benefit of workers as well as employers.Reforming these laws has been part of the governance agenda of every successive government since 1991, when India’s economy underwent broad reforms in various other domains.Given the multiplicity of labour laws enacted since independence, the idea of revising them was also to make them enforceable (or justiciable) and reflect the contemporary reality of changing labour relations.

Subscribe to enjoy similar stories. The fate of Warner Bros. Discovery could hinge on a frequent subject of President Trump’s ire: CNN.

Subscribe to enjoy similar stories. Private bus operators and online ticketing platforms are hoping to retain more users as travellers stranded by the IndiGo flight cancellation fiasco seek out last-minute travel alternatives. From local travel companies to electric-bus startups, everyone is vying for a share of a market that has lit up like a Christmas tree.

Subscribe to enjoy similar stories. A ten-day turmoil and a compulsory flight reduction will slam the financials of IndiGo, three equity analysts said, even as the regulator stepped up scrutiny of India's largest airline. IndiGo, they said, may witness a 10% decline in full-year revenue and a 17-30% lower profitability in FY26, as it makes a halting recovery from its biggest disruption.

Subscribe to enjoy similar stories. When global rating agencies revised their sovereign debt ratings for France and Portugal earlier this year, aligning them with those of Care Ratings, they “vindicated" the stance of the Indian rating agency that launched its fledgling sovereign rating business just over a year ago, a top official at Care Ratings said.

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news the Meta was planning cuts of up to 30% in the Reality Labs division that handles the experimental technology.“Finally,” offered Henry Blodget, a man who made his name hyping doomed dot-com stocks. “Points for trying.

Subscribe to enjoy similar stories. Tesla investors got an early Christmas present: a reason to dream about what might be coming in the new year. Tuesday, Bloomberg reported that Elon Musk’s space technology company SpaceX might be headed for a 2026 initial public offering, raising up to $30 billion in the process.

Subscribe to enjoy similar stories. Legal tech is flooded with capital, but even as money pours in, structural roadblocks persist. The sector faces the unglamorous task of making legal data machine-readable through annotation and labelling—before the automation promise can truly be realised.

Subscribe to enjoy similar stories. New Delhi: In a major move, the Bureau of Indian Standards (BIS) has notified 12 new standards in a single round, covering artificial intelligence, secure financial cryptographic devices, audit data systems, lifts, campus facilities, rotating electrical machines and optical fibre testing, as per two separate government orders.

Subscribe to enjoy similar stories. Strained net income margins has pushed Indian wealth management firms to accelerate expansion even as rising operating costs, dropping fees, hard-as-nails competition, and frequent regulatory changes erode profitability across the sector. Competition has intensified in the wealth management space with the surge of affluent people in the country—India has 870,000 dollarmillionaire households, up 90% from 460,000 lakh in 2021, according to the Mercedes-Benz Hurun India Wealth Report 2025.

Subscribe to enjoy similar stories. Bengaluru: As he prepared to call a debtor, Manoj, an adviser at Bengaluru-based debt collection startup DPDzero, saw a message flash across his screen. Borrower sentiment: distressed.

Subscribe to enjoy similar stories. MUMBAI: Automation tools are rapidly reshaping the economics of digital marketing and creative services. Tasks that once required teams of designers, website builders and editors are now being completed in minutes, cutting both billing cycles and the need for large production teams at some of the world’s biggest IT and advertising-linked firms.