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Subscribe to enjoy similar stories.Washington has been trying to free up more of the resources of big banks. Banks have wasted no time putting them to work, but on Wall Street rather than Main Street.Big banks’ lending to consumers and midsize companies is moving modestly ahead.

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Subscribe to enjoy similar stories.Mutual fund investors, especially those who entered the market after 2020, are now facing an unfamiliar situation. For investors who entered the market post-Covid, investing in mutual funds looked so easy, with little worry about drawdowns and consistent annual profits between 2020 and 2024. Investors buying mutual funds had a good experience, which gave them confidence to significantly scale up their investments based on near-term past performance.This ramp-up happened very quickly as they added more money and generated returns for four successive years.

Subscribe to enjoy similar stories.NEW DELHI: After helping to secure funding to clear KTM’s dues, Bajaj Auto has shifted focus to cost cutting and tighter governance at the Austrian premium motorcycle maker, its largest acquisition, a top executive told Mint.The cost-reduction initiatives include a review of sourcing strategies and identification of synergies, while Bajaj steps up its role on KTM’s supervisory board, Bajaj Auto executive director Rakesh Sharma said.“Our support to them started with the first phase, where we had to get the liquidity organized. The second was putting in the top management.

Subscribe to enjoy similar stories.Nuvoco Vistas Corp. Ltd’s March quarter (Q4FY26) Ebitda touched a record quarterly high of ₹587.6 crore, aided by better realizations, exceeding Bloomberg’s consensus estimate by 5%.

Subscribe to enjoy similar stories.The industry body for venture capital, Indian Venture and Alternate Capital Association (IVCA), will focus on drawing more domestic institutional capital into alternative investment funds (AIFs), even as structural bottlenecks continue to slow participation.“Pension funds and insurance companies allocate very little to AIFs despite regulatory permission,” said Srini Srinivasan, the newly appointed chairperson of IVCA and managing director, Kotak Alternate Asset Managers Limited, in an interview with Mint.While policies allow these institutions to invest in AIFs, execution remains a challenge, he said.One key hurdle is structural misalignment.For instance, the National Pension System (NPS) requires a daily net asset value (NAV), but AIFs do not provide this. This mismatch makes it difficult for pension money to flow into these funds.

Subscribe to enjoy similar stories.Two data releases on 13 April held important messages for the government on ensuring food security and shielding the livelihood of citizens. First, inflation estimates released by India’s ministry of statistics for March suggest food inflation is rising faster than overall inflation. Second, early monsoon forecasts point to a high likelihood of deficient rains in 2026.

Subscribe to enjoy similar stories.Snap is laying off 16% of its staff. Block lopped off 40% of its workforce.

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Subscribe to enjoy similar stories.Investing in stocks requires a series of essential steps to build a strong and successful portfolio.It begins with establishing clear objectives, selecting an investment strategy that aligns with your individual preferences, and maintaining active involvement with both the market and your holdings.Additionally, seeking inspiration from seasoned investors and incorporating their time-tested strategies can provide significant value.A notable example is Radhakishan Damani, a highly regarded investor whose decisions in the market frequently attract substantial interest.He recently picked a stake in a mid-cap investment firm.Radhakishan Damani is a Mumbai-based entrepreneur, businessman, and billionaire investor who founded India's mega-retail chain D-Mart.Born on 15 March 1954 to a Marwari family, he was brought up in Bikaner. Damani is one of the few self-made billionaires in the country.Damani is considered to be one of the Big Bulls in the stock market.

Subscribe to enjoy similar stories.New Delhi: India is planning to overhaul its pharmaceutical storage rules for vaccines and biological products, as gaps in the regulatory framework have frequently led to drugs being stored under improper temperature conditions, potentially compromising their efficacy, according to two government officials and documents reviewed by Mint.The plan is to define and classify these medications into two group— thermostable or those that can survive high temperatures, and thermolabile, or those that cannot, to ensure medicines, including insulin and vaccines are handled with scientific precision throughout the supply chain. Currently, the Drugs and Cosmetics Act, 1940, lacks these specific classifications.While Schedule P of the Drugs Rules, 1945 provides general storage instructions such as ‘cold place’ for temperatures not exceeding 8 degrees Celsius, there has been no comprehensive, science-based list to guide manufacturers and drug inspectors.

Subscribe to enjoy similar stories.In a volatile market like present times — marked by global uncertainties, intermittent buying at dips, foreign outflows, and fluctuating risk appetite — valuations are under constant scrutiny.In this backdrop, the PEG ratio is emerging as a much-needed reality check by tying price more closely to growth.The PEG or (Price/Earnings-to-Growth) ratio compares a stock’s P/E multiple with its expected earnings growth, typically over the next couple of years, to assess whether its valuation is justified.A PEG around 1 is seen as fair value, below 1 may indicate undervaluation, and above 1 could signal overpricing — helping investors separate genuine growth stories from stocks that look expensive without enough momentum, explained market participants.When money chases growth stocks, PEG helps assess whether high P/E multiples are justified by earnings growth, since a rise in P/E only makes sense if earnings grow at a similar pace, explained Rohit Srivastava, founder and market strategist at equity-research firm indiacharts.com.Aniruddha Sarkar, co-founder & CIO, Equinova Investment Managers, pointed out that companies with low P/E but high PEG ratios may look cheap at first glance but lack the growth to justify it.In contrast, stocks with high P/E but low PEG ratios usually reflect strong earnings momentum, where the premium is backed by solid growth prospectsm he added.For instance, La Opala trades at a trailing P/E of 18.6 with a steep PEG of 27.8, suggesting limited growth support, while 360 One WAM, despite a higher P/E of 34.8, has a more reasonable PEG of 1.5.

Subscribe to enjoy similar stories.India’s exports took a blow in March, with merchandise exports falling to $38.9 billion from $42.1 billion a year earlier. Imports fell to $59.6 billion from $63.7 billion, helping narrow last month’s goods-trade deficit to $20.7 billion. The impact of the US war on Iran seems to have started playing out.

Subscribe to enjoy similar stories.The International Monetary Fund’s (IMF) latest projections for the global economy are broadly along expected lines, but its view on India springs a surprise. The multilateral lender now sees India’s growth exceeding what it had forecast before the outbreak of war in West Asia. At 6.5%, India’s projected GDP growth for 2026-27 is 0.1 percentage point higher than published in the January World Economic Outlook of the IMF and 0.3 percentage point higher than its October view.

Subscribe to enjoy similar stories.Four of India’s biggest conglomerates—Adani Group, JSW Group, Reliance Industries, and Tata Group—have emerged as the dominant buyers of stressed assets under India’s decade-old bankruptcy regime.Together, these four conglomerates acquired companies that accounted for nearly a quarter of the total admitted claims of ₹13 trillion under the corporate insolvency resolution process (Cirp) of the Insolvency and Bankruptcy Code (IBC) as of December 2025—despite accounting for just 28 of the 1,376 resolutions completed so far.Adani Group led the pack with 13 acquisitions, including six power companies, according to a Mint analysis of data from the Insolvency and Bankruptcy Board of India (IBBI). These deals helped rapidly scale up Adani Power Ltd, which emerged as the country’s largest thermal power producer.The JSW Group followed with seven acquisitions, including Bhushan Power and Steel Ltd, one of the most prominent resolutions under the insolvency process.

Subscribe to enjoy similar stories.Tata Motors Ltd is prioritizing flexible production over a dedicated electric vehicle (EV) bus line, as it looks to stay agile in a tender-driven market where demand can quickly shift between diesel, compressed natural gas (CNG)and electric buses.The stance underscores a cost-conscious approach to an uncertain order pipeline, with the company betting that multi-powertrain lines will help it respond faster to government tenders, rather than lock capital into specialized EV capacity amid stiff competition.On the sidelines of an event at the company's Lucknow plant, Tata Motors managing director and chief executive Girish Wagh told reporters that a dedicated EV production line is not needed even as the company increases its participation in tenders for electric buses, where it lost leadership in FY26.“All our manufacturing facilities are flexible. You can either produce a diesel or a CNG or an electric.

Subscribe to enjoy similar stories.The people who gather in this small room on the eighth floor of the New York Stock Exchange look like a group of middle-aged caffeine addicts.They sit around what resembles a school science lab sniffing coffee beans and slurping coffee so aggressively that there’s loud music playing to drown them out.But these aren’t junkies with bad manners. They’re part of an elite team of graders who help keep the commodities market running. Their ratings help set U.S.

Subscribe to enjoy similar stories.Driven by soaring global prices and across-the-table lending, the gold loan market has exploded, expanding almost 4 times in just four years. This surge has made gold loans the second-largest retail credit category in India, according to the Gold Loan Landscape Report by TransUnion Cibil in April 2026.

Subscribe to enjoy similar stories.NEW DELHI: Earning ₹12 lakh and paying zero tax is no longer the ceiling under the new regime. With the right salary structure and employer-backed benefits, even professionals earning ₹15 lakh, or more, can reduce their taxable income to zero.That shift marks a break from the old regime, where tax planning revolved around deductions such as house rent allowance (HRA), leave travel allowance (LTA), home loan interest and Section 80C investments.

Subscribe to enjoy similar stories.Mumbai: Banks in India seem to have become more compliant with regulatory norms in FY26, with the quantum of penalties imposed by the central bank declining by about 37% over the previous financial year, data compiled by Mint showed.The Reserve Bank of India imposed monetary penalties of ₹19.8 crore on commercial banks in FY26, as against ₹31.4 crore in FY25, even as the number of penalties remained unchanged at 35. The data is based on fines announced on the RBI website.The most common violations included failure to comply with KYC (know your customer) norms, not categorizing customers on the basis of risk, allotting multiple customer IDs instead of a unique one, and not transferring unclaimed deposits to the Depositor Education and Awareness Fund.While the failure to transfer unclaimed deposits and categorize risks point to negligence, other violations—such as sanctioning loans with a director's relative as guarantor and declaring dividends without prior RBI permission—raise more serious concerns.The decline in the RBI’s monetary penalties on commercial banks indicates continuous improvement in regulatory compliance outcomes over the years, said Saurabh Bhalerao, associate director of banking, financial services and insurance (BFSI) at CareEdge Ratings.“Over the years, based on feedback and market practices, there is better understanding among the regulated entities of the specific actions to be taken to be able to meet the regulatory requirements.

Subscribe to enjoy similar stories.A downward revision in nominal gross domestic product (GDP) following the base-year revision and a sharp depreciation of the rupee have proved to be a setback for India's position in global ranking.The country has slipped to the sixth rank in 2025 (FY26) and 2026 (FY27), falling behind the UK after claiming the fifth position for three straight years, showed the International Monetary Fund's (IMF) latest data.At current prices, India’s GDP is estimated to be $3.92 trillion in 2025 (FY26) and $4.15 trillion in 2026 (FY27). The UK’s GDP is expected to be $4 trillion in 2025 and $4.26 trillion in 2026, respectively.