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Subscribe to enjoy similar stories.Last year was a major step forward in the clean energy revolution, with installations of renewable sources such as solar panels and wind turbines hitting record highs not only in the developed world, but in emerging economies too. But then came the war in Iran, a global curve ball that’s bound to change our collective future in unpredictable ways.

Subscribe to enjoy similar stories.President Trump says he is weighing whether to reduce the number of U.S. troops stationed in Germany. If he goes ahead, it would reshape the military presence that has allowed America to project power in Europe, the Middle East and beyond.Trump’s remarks came amid a spat with German Chancellor Chancellor Friedrich Merz, who told a group of students that the U.S.

Subscribe to enjoy similar stories.Last month, France did something that would have been unimaginable a few years ago; certainly before the outbreak of the Ukraine war, when US-led sanctions cut Russia off from the Swift payment system, the main messaging network that enables secure international financial transactions, and froze more than $300 billion of its assets. Its central bank, the Bank of France, pulled out its remaining gold reserves held in New York. Admittedly, no central bank today relies on gold to back its currency.

Subscribe to enjoy similar stories.Reliance Industries Ltd’s recent sale of a second-level step-down subsidiary to a little-known company may test the limits of regulation on related-party transactions even while technically keeping to the rules, said legal and governance experts.On 13 April, Reliance Retail Ltd sold its subsidiary, Reliance Projects & Property Management Services Ltd (RPPMSL), to Jaipur Enclave Pvt. Ltd for ₹ ₹274 crore, according to a stock exchange filing.The sale consideration is small compared to the scale of the sold unit.

Subscribe to enjoy similar stories.How should you invest now that Kevin Warsh is almost certain to be the next Federal Reserve chair? The short answer: Stay the course.Warsh is headed for Senate confirmation and is likely to take over from Jerome Powell in mid-May. His first meeting leading the Federal Open Market Committee will be in June.

Subscribe to enjoy similar stories.It has been almost two decades since the late Shinzo Abe [former prime minister of Japan] stood in India’s parliament and told the assembled legislators that “it is incumbent upon us two democracies, Japan and India, to carry out the pursuit of freedom and prosperity in the region.” Abe defined their task as protecting freedom of navigation in what he was perhaps the first to call the Indo-Pacific. That task has gotten only more urgent as America withdraws—or, more recently, imposes blockades on crucial straits—and China pushes harder against the first island chain.

Subscribe to enjoy similar stories.Bajaj Finance continued its streak of consistency in the March quarter (Q4FY26), with the non-banking financial company again delivering an over 20% growth in assets under management (AUM). This time, its AUM surpassed the ₹5-trillion milestone while it also maintained its sector-leading profitability metrics.Net profit rose 22% year-on-year (y-o-y) to ₹5,550 crore, supported by 20% growth in net interest income and a sharp moderation in credit costs.

Subscribe to enjoy similar stories.Recent months have seen worker protests across states. Workers protested low wages and poor work conditions in an IOCL factory in Barauni, Bihar, in February. This was followed by protests in Surat, Gujarat.

Subscribe to enjoy similar stories.The stock of HFCL has been attracting strong investor interest over the last month.This top optical fibre cable supplier’s shares have surged from ₹70.77 to ₹106, rallying almost 50% in a month. The question now is, will the rally sustain?Let's examine the factors that will determine the stock's direction.HFCL designs, integrates, and delivers end-to-end digital network solutions that enable high-speed, secure voice and data transmission for telcos, defence, and railways.It offers advanced optical fibre solutions, open-source wireless access solutions, multiband 5G radios, and state-of-the-art system integration services.HFCL designs and delivers customised products/solutions for defence services, institutions, and the projects of national security significance.Robust execution of telecom/fibre/defence orders: HFCL gets orders frequently, but investors reward companies that convert orders into revenues on time. Fast project execution, few delays, and smooth delivery build confidence and revenue visibility.Recently, the company’s subsidiary received an order of ₹1,367 crore for optic fibre cables.Margin and profit growth: It isn’t just about revenue increase.

Subscribe to enjoy similar stories.The expiration of electric vehicle (EV) subsidies in four key states, which together fueled over a third of India's EV sales in FY26, is creating a new hurdle for carmakers. These state-level incentives were critical in making EVs price-competitive with traditional internal combustion engine (ICE) vehicles, according to a review of state policies and an industry executive aware of the matter.Worryingly for EV makers, Karnataka and Madhya Pradesh have also introduced fresh taxes on EVs in the past month, which experts believe could further dampen sales momentum in these markets.The developments follow a blockbuster year for the industry, with EV sales surging 84% in FY26 to nearly 200,000 units, according to data from the Federation of Automobile Dealers Associations (FADA).Some of the country's largest electric car markets, including Maharashtra, Uttar Pradesh, Rajasthan, and Tamil Nadu, have seen their purchase subsidies for consumers end, which is expected to raise overall cost of such vehicles.

Subscribe to enjoy similar stories.Anthropic’s Mythos, a frontier artificial intelligence (AI) model, can outperform humans in detecting vulnerabilities across systems, including banks, telcos and utilities. While it can detect flaws faster and better than humans, global agencies warn it could be used as a potential cyberweapon too. Mint decodes.Claude Mythos or Mythos is US-based Anthropic's advanced AI model designed to handle complex cybersecurity tasks such as identifying bugs, analyzing systems and even generating exploits.

Subscribe to enjoy similar stories.Over the course of just three days last week, India witnessed three important developments in the banking space, all of which have a significant bearing on the larger issue of financial stability. On 23 April, reports appeared that the Reserve Bank of India (RBI) had granted a non-bank called PayPoint approval to access its Centralised Payment System (CPS). The same day, finance minister Nirmala Sitharaman was reported to have met bank chiefs to discuss AI-related risks in the context of global concerns over Anthropic’s Mythos model, which is seen as a threat to the data security of financial systems.

Subscribe to enjoy similar stories.The UAE's exit from the global oil cartels may be good for India, the world's third-largest oil buyer, sector experts said.The exit comes at a time when the Organization of Petroleum Exporting Countries (Opec) has been trying to cap production amid a global oil crisis. The UAE decision may weaken Opec's control over oil prices and result in more energy purchases by India, experts said."This decision aligns with the UAE’s long-term strategic and economic vision and the evolution of its energy sector, including accelerating investment in domestic energy production, while reinforcing its commitment to its role as a responsible and reliable producer looking to the future of global energy markets," the Emirates' energy ministry wrote on X.

Subscribe to enjoy similar stories.OpenAI recently missed its own targets for new users and revenue, stumbles that have raised concern among some company leaders about whether it will be able to support its massive spending on data centers.Chief Financial Officer Sarah Friar has told other company leaders that she is worried the company might not be able to pay for future computing contracts if revenue doesn’t grow fast enough, according to people familiar with the matter.Board directors have also more closely examined the company’s data-center deals in recent months and questioned Chief Executive Sam Altman’s efforts to secure even more computing power despite the business slowdown, the people said.The spending scrutiny is constraining Altman’s once-boundless ambitions ahead of a potential initial public offering that could take place by the end of the year. Friar and other executives are now seeking to control costs and instill more discipline in the business, at times putting them at odds with their CEO, people familiar with the issue said.“We are totally aligned on buying as much compute as we can and working hard on it together every day,” Altman and Friar said in a joint statement.

Subscribe to enjoy similar stories.MUMBAI: AWL Agri Business Ltd expects a recovery in volume growth in FY27, led by a turnaround in its foods segment, management said on Tuesday.“As far as volume growth is concerned, edible oil should continue to grow at a mid-single digit,” said Shrikant Kanhere, managing director and chief executive of AWL Agri Business Ltd, in an interaction with Mint. “Food is something we want to turn around next year with double-digit volume growth.”AWL Agri Business, formerly known as Adani Wilmar, reported underlying volume growth of 4% in FY26, with 14% growth in the March quarter (Q4FY26).

Subscribe to enjoy similar stories.Once upon a time, a U.S. president asked his aides for one thing before his trip to Beijing: a chance to be seen as a regular guy.It was 2005, a relatively warm chapter in U.S.-China relations, and George W. Bush was a passionate mountain biker.

Subscribe to enjoy similar stories.Dubrovnik, CroatiaEurope’s data center markets need more energy. Demand for energy to power the data centers is projected to grow from 10 gigawatts in 2024 to 35 gigawatts by 2030.

Subscribe to enjoy similar stories.Venture capital and growth investing firm Peak XV Partners has fully exited One MobiKwik Systems Ltd through an over ₹130-crore block deal, selling its remaining stake shortly after the fintech secured the non-banking financial services (NBFC) licence.The investor sold around 6.08 million shares, or about 7.7% of MobiKwik’s equity, at an average price of ₹214 apiece in a transaction executed at 9:15am on 28 April, according to two people aware of the matter.Buyers included private equity firm Florintree, hedge fund Viridian Asset Management, alternative investment firm Dymon Asia Capital and equity investment management firm Karma Capital, the people said.The ₹130-crore deal delivered about 3x returns for Peak XV on its investment in the company.Peak XV’s exit marks the departure of the last major PE fund from MobiKwik’s cap table. In September 2025, Abu Dhabi Investment Authority (ADIA) sold its 2.1% stake in a block deal, after which MobiKwik shares rallied as much as 14%.Peak XV, formerly Sequoia Capital India & SEA, had been an early backer of MobiKwik and remained invested through the company’s public listing.The block sale came a day after MobiKwik announced that the Reserve Bank of India had approved its application for the NBFC licence.

Subscribe to enjoy similar stories.Although initial resistance levels were briefly broken on Monday, the market continues to show hesitation, preventing a clear breakout or a stronger trend. Nevertheless, the fact that bullish momentum has persisted despite periodic volatility has increased overall market confidence.Buy above ₹890, stop ₹835, target ₹990 (multiday)Buy above ₹465, stop ₹435, target ₹515 (multiday)Buy above ₹520, stop ₹490, target ₹580 (multiday)Indian equities rebounded on 27 April, snapping a three-day losing streak as easing geopolitical concerns lifted sentiment.

Subscribe to enjoy similar stories.One MobiKwik Systems Ltd expects to see margins improve after the Reserve Bank of India approved its application for a non-banking financial company (NBFC) licence, the company’s top executive told Mint.This marks a key regulatory milestone for the listed fintech as it looks to deepen its lending business. The licence will sit under wholly owned subsidiary MobiKwik Financial Services Pvt Ltd.“We have got this NBFC license to make our business more efficient and improve on margins,” said Bipin Preet Singh, chief executive officer of MobiKwik.

Subscribe to enjoy similar stories.With its $11.75 billion acquisition of Organon, a Merck spinoff, Sun Pharmaceutical has officially embarked on one of the most ambitious overseas expansions ever by an Indian pharmaceutical company. Markets cheered the announcement on 27 April, sending the stock soaring almost 7%.This reflects optimism around scale expansion and strategic repositioning.