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21.05 / 07:35
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Karnataka, Maharashtra, Delhi lead as Centre’s push for government e-buses reaches last leg
Subscribe to enjoy similar stories.New Delhi: India’s electric-bus rollout under two central government schemes is nearing completion, with Karnataka, Maharashtra and Delhi accounting for the largest share of allocations, while Uttar Pradesh received no buses and Bihar was allotted 400, according to parliamentary data analysed by Mint.As much as 98% of the buses planned under the PM E-Drive and PM E-bus Sewa programmes have now been tendered, the data showed, effectively bringing the government’s push to electrify state-run bus fleets into its final phase and shaping how electric buses will enter urban transport over the next decade under long-term contracts.Data on the e-buses tendered under the PM E-Drive by the ministry of heavy industries and the PM E-bus Sewa by the ministry of housing and urban affairs showed Karnataka (5,250 e-buses), Maharashtra (4,109 e-buses), and Delhi (2,800 e-buses) leading the chart.The country's most populous state Uttar Pradesh did not win any busesunder the schemes while Bihar won only 400 buses. The contribution of these states is important to note given their large population and high dependence on public transport.Meanwhile, Arunachal Pradesh, Goa, Himachal Pradesh, Manipur, Dadra & Nagar Haveli and Daman and Diu all have received only 50 e-buses each, with Ladakh receiving 48, and Andaman & Nicobar getting 45, the data showed.Tenders under these central schemes assume importance as these state-run buses will ply on Indian roads for at least the next decade, since these are long-term contracts.
21.05 / 10:17
UPS
Art
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wellness
film
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
Subscribe to enjoy similar stories.Pain is invisible; the sufferer has to make noise for it to be acknowledged, treated or accepted. Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.
21.05 / 09:47
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SpaceX, Anthropic and OpenAI’s sprint to go public defines the AI boom’s big day
Subscribe to enjoy similar stories.It all happened in one day.Three of the hottest startups in history moved closer Wednesday to becoming trillion-dollar companies. With a fresh filing, SpaceX showed the path to a landmark IPO likely to mint Elon Musk as the world’s first trillionaire.
21.05 / 07:59
Platform
Entertainment
film
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Videos
International
Why OTT platforms are censoring global shows like The Boys for India
Subscribe to enjoy similar stories.With global video-on-demand platforms streaming largely identical titles across markets, India-specific edits to international programming have drawn renewed attention after viewer backlash over The Boys on Amazon Prime Video. The latest season of the American series has triggered criticism on social media over censored dialogue and visuals, highlighting how global content is often altered before reaching Indian audiences, and how that gap is increasingly visible to subscribers.In The Boys, religious references were reportedly sanitized, while certain visuals, including religious idols and sexual content, were blurred or cut to comply with India’s broadcast standards.
21.05 / 06:31
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Mutual fund factsheets are no longer compliance documents — they’re becoming investor playbooks
Subscribe to enjoy similar stories.The monthly mutual fund factsheet, primarily a standardized disclosure and compliance document, is evolving into a more carefully crafted communication tool for fund houses in an era where investors are more digital and informed.The shift reflects changing investor behaviour. Direct plans—where investors buy units directly from asset management companies without distributors—accounted for 49% of industry average assets under management in April 2026, up from 45% two years earlier, according to AMFI data.That rise suggests more investors are evaluating and comparing funds independently, increasing the importance of how fund houses present disclosures, portfolio positioning and performance context.Fund houses are now moving well beyond minimum disclosure requirements.Edelweiss Mutual Fund introduced a new factsheet format in 2026 called Fundverse, which includes rolling return analysis, portfolio overweight and underweight positions versus benchmarks, key return contributors, and SIP and SWP contribution breakdowns.Rolling return analysis, unlike trailing returns, measures performance across every possible holding period instead of one fixed start date, giving investors a broader view of consistency across market cycles.For instance, if an investor had invested in the Edelweiss Mid Cap Fund on 30 April 2021 and stayed invested till 30 April 2026, the fund would have delivered a 5-year trailing CAGR return of about 21.02%, turning ₹10,000 into nearly ₹25,968.
21.05 / 00:45
FIVE
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The urban Indian parenting split: new parents are rejecting old ways, except for the ultra-rich
Subscribe to enjoy similar stories.Urban India appears to be going through a parenting revolution. Only one in five persons interviewed in a recent Mint survey said they believe in raising their kids similar to how their own parents raised them.
20.05 / 09:19
markets
COST
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Mint Explainer: Why more fuel price hikes are likely around the corner
Subscribe to enjoy similar stories.Petrol and diesel prices have increased by nearly ₹4 following back-to-back price hikes over the past week. With crude oil prices still above $100 and no end in sight to the conflict in West Asia, at least two independent analysts have said retail fuel prices will have to increase by ₹13-20 per litre to curb the losses of oil companies.Mint explains why more fuel price hikes are probably on the way and what it means for consumers.The simple reason is that oil marketing companies — Indian Oil Corp.
20.05 / 02:33
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Flurry of suspicious oil trades worth $800 million triggers regulatory probe
Subscribe to enjoy similar stories.A trader couldn’t hope for better timing.Moments before President Trump postponed strikes on Tehran’s energy infrastructure in a morning social-media post on March 23, a spasm of trades hit the market during off-hours. More than $800 million worth of U.S.
20.05 / 00:45
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Raja Venkatraman recommends three stocks for 20 May
Subscribe to enjoy similar stories.Stock market recap: India's benchmark equity indices ended little changed on Tuesday as gains in information technology (IT) stocks, aided by a stronger dollar, were offset by weakness in banking shares, while investors awaited greater clarity on the prospects of a US-Iran deal.The Nifty 50 fell 0.14% to close at 23,618, while the BSE Sensex slipped 0.15% to 75,200.85.Nine of the 16 major sectors advanced. Broader markets outperformed, with the small-cap index rising 1.2% and the mid-cap index gaining 0.9%.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)GSFC: Buy above ₹179, stop ₹168 target ₹198(Multiday)VBL: Buy above ₹518, stop ₹490 target ₹570 (Multiday)POWERGRID: Buy above ₹301, stop ₹285 target ₹337 (Multiday)Indian equities extended their decline on 19 May, as continued selling in metal, oil-linked, PSU bank and realty stocks weighed on sentiment, while persistent rupee weakness added to market pressure.The Sensex fell 160.73 points, or 0.21%, to close at 75,237.99, while the Nifty declined 46.10 points, or 0.19%, to settle at 23,643.50.Market breadth remained weak, with 2,381 shares dclining against 1,631 advances, signalling broad-based pressure across sectors.The Nifty Metal index dropped nearly 2%, while PSU Bank, Realty and Oil & Gas indices also ended sharply lower.
19.05 / 08:49
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Gold buying for investment purposes also makes it easier to reduce imports of actual bullion
Subscribe to enjoy similar stories.In prosperity, as in the hour of need, the thoughts of most Indians turn to gold. And with the steady drain on our foreign exchange reserves for over two years now, we have reached a stage as a nation when the question is being asked whether we could utilize the idle gold hoards of the people to see us through the critical years ahead. No less a person than the Prime Minister voiced this feeling at a recent meeting.” These words were written in 1958 by I.G.
18.05 / 13:01
markets
COST
UPS
trends
show
reports
Updates
IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge
Subscribe to enjoy similar stories.MUMBAI: Beneath the one-time profit hit from the ₹590 crore Chandigarh fraud, IDFC FIRST Bank’s March-quarter (Q4FY26) earnings revealed a deeper concern: deposit growth slowed sharply after the incident dented depositor confidence.The private sector lender’s customer deposits rose just 1% sequentially during Q4 to ₹2.84 trillion, even as Indian banking sector deposits rose 13.5% year-on-year (y-o-y) to ₹262.3 trillion during the per, up from 10.3% growth a year earlier, according to Reserve Bank of India data.“We saw an increase in total deposits by about 16.8% on a YoY basis…The growth was modest at 1% during the quarter…There was also an impact of the one-off fraud incident, which occurred during the quarter,” chief financial officer Sudhanshu Jain had said during the bank’s post-earnings analyst call on 25 April.On 23 February, the lender disclosed a ₹590 crore fraud at its Chandigarh branch, where employees carried out unauthorized transactions in accounts linked to the Haryana government, creating a deposit balance discrepancy. The bank has since paid the state government ₹590 crore, suspended the employees involved and filed police complaints against them.During earnings call, the bank said it had fully expensed the impacted amount in Q4FY26 and was “reasonably certain” no further material financial adjustments would be required beyond those already recognized.While IDFC FIRST Bank was not accused of direct wrongdoing, the incident triggered reputational concerns and weighed on deposit flows during the quarter.
18.05 / 02:05
markets
Career
show
Schools
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Interviews
A master’s degree isn’t the job guarantee it used to be
Subscribe to enjoy similar stories.Going back to grad school has long been the Plan B of young professionals who aspire to climb higher in their careers or struggle to get promoted in a tough job market. New data show that getting a master’s degree isn’t the guarantee it used to be.The unemployment rate for workers under 35 with a master’s degree has rarely been higher in the past 20 years, according to the Burning Glass Institute, a labor-market think tank focused on the future of work, which analyzed data collected by the U.S.
17.05 / 15:31
UPS
Digital
Manufacturing
Food
show
cover
reports
Online compliance to speed up environmental clearance for industrial expansion
Subscribe to enjoy similar stories.NEW DELHI: The government has digitised the compliance process for environmental clearances linked to industrial expansion, in a move aimed at easing regulatory burdens and accelerating project approvals, said two officials aware of the development.The ministry of environment, forest and climate change (MoEFCC) has made the process of obtaining certified compliance reports (CCR) for industrial expansion proposals digital through the existing PARIVESH portal, aiming to ease procedures for businesses seeking environmental clearance (ECs). Launched in August 2018, PARIVESH (Pro-Active and Responsive facilitation by Interactive, Virtuous, and Environmental Single-window Hub) is a central government digital platform, which automates and streamlines the process for businesses and developers to apply for and track mandatory environmental and ecological clearances.The online system will enable industries to file compliance reports pertaining to projects where environmental clearance is needed, upload mandatory documents and track approval status through a single digital platform, reducing paperwork and procedural delays, the officials said, requesting anonymity."It will be useful for those projects which require environmental clearance.
17.05 / 09:27
UPS
Citizens
Aviat
Bill
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The rich must do their bit—the middle class and poor mustn't bear the brunt of India's austerity drive
Subscribe to enjoy similar stories.Well, the first days are the hardest daysDon’t you worry anymore‘Cause when life looks like Easy StreetThere is danger at your door —Uncle John’s Band by Grateful DeadPrime Minister Narendra Modi’s recent austerity appeal is like an official acknowledgement that trouble is brewing in India’s economy. His exhortations seemed like a signal to all stakeholders that the time has come to talk about the Iran war’s direct and indirect effects.
17.05 / 07:15
markets
Research
show
social
Courts
rights
Trust deficit: India must generate social capital for people to believe institutions are as good as gold
Subscribe to enjoy similar stories.India’s social capital deficit registers as a factor in its current account deficit through the demand for gold. Our appetite for gold is not an irrational cultural quirk. It is, in part, a revealed preference and a tangible symptom of our collective distrust in one another, society and civic institutions.
17.05 / 02:25
markets
Extreme
Micron
Cycling
show
Updates
AI chip mania sows seeds of its own destruction
Subscribe to enjoy similar stories.Investing in artificial intelligence involves a strong belief that it’s different this time, and memory-chip makers are a particularly extreme example.Micron Technology recorded its biggest-ever loss just three years ago, and is now forecast to become the sixth-most profitable U.S. stock. It will make just under $100 billion over the next 12 months, more than Meta or Berkshire Hathaway.
16.05 / 12:11
markets
Booking
Man
Actor
love
show
rights
Is the secret to men’s longevity a great butt?
Subscribe to enjoy similar stories.Daniel Rice is a personal trainer in Los Angeles, a job that gives him a front-row seat to the physique coveted by today’s American man. Rice recalls the washboard abs of the ’90s; the athletic build of the early 2000s; the quest, in the 2010s, for tiny waists and huge biceps.Now “the guys all want thick thighs and a bigger butt,” he says.
16.05 / 07:01
markets
Booking
Man
show
country
dance
Updates
Karan Mahajan's new novel explores the dark dynamics of the great Indian family
Subscribe to enjoy similar stories.Karan Mahajan’s third novel The Complex is aptly titled, as it is set in a warren of apartments that belong to the Chopra family in Model Colony, north Delhi. The word “complex” itself denotes psychology (inferiority complex, god complex and the like), architecture (a building with added features), and of course everyday language (complicated).
16.05 / 05:45
markets
Citi
Photos
show
travelers
gatherings
Emily Jacir is fulfilling desires of Palestinians in exile
Subscribe to enjoy similar stories.How do you become a vessel for the exiled? In an effort to take displaced bodies (back) to a land from which they have been banned, multimedia Palestinian artist Emily Jacir travelled to West Bank and Gaza between 2001 and 2003. Her American passport allowed her access to cities like Jerusalem, Haifa, Nazareth, Jericho, Ramallah, Bayt Lahia, the villages of Dayr Rafat and Dhinebeh, among other places.
16.05 / 03:03
UPS
Google
CEO
Research
Photos
show
Courts
The messy courtroom drama over AI’s biggest breakup
Subscribe to enjoy similar stories.OAKLAND, Calif.—U.S. District Judge Yvonne Gonzalez Rogers opened the last day of testimony in the titanic trial between Elon Musk and Sam Altman’s OpenAI with a simple question: Should a trophy of a golden donkey’s backside be entered into evidence?The judge held the statue in her hands with a bemused look.
16.05 / 01:51
markets
UPS
show
information
recommendations
Updates
AI Tool of the Week: see and control what ChatGPT remembers about you
Subscribe to enjoy similar stories.The AI tool we unlocked today is: ChatGPT Memory Sources.Here is a frustration that builds quietly over months of AI use: ChatGPT starts sounding oddly familiar—it remembers your name, your tone preferences, a project you mentioned in passing.Most of the time, that is useful.But occasionally it says something that feels off—a recommendation shaped by a context you no longer care about, a preference it picked up from a conversation six months ago that no longer applies.Until now, you had no way to trace where that came from.Memory Sources fixes this.When ChatGPT uses your past chats or saved memories to shape a response, it now shows you what it referenced—and lets you delete or update that information on the spot.You are no longer managing a black box. You can see the inputs.How to access: https://chatgpt.comAudit the context: see which past conversations or saved details shaped any given response, before acting on it.Fix stale assumptions: delete or update outdated preferences the moment they surface in a reply—not buried in settings later.Trust the personalization: when you can see why ChatGPT responded the way it did, you can rely on it more—or correct it faster.A marketing lead uses ChatGPT regularly for campaign briefs.
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