Updates Financial News
14.02 / 01:59
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RBI likely to hit pause in April amid data resets in India
Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) is expected to keep the policy repo rate unchanged at 5.25% at its April meeting, as the newly-adopted inflation measurement series is unlikely to significantly shift the price trajectory, while the central bank also awaits the release of revamped GDP data on 27 February, economists said.
10.02 / 06:35
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Inside OpenAI’s decision to kill the AI model that people loved too much
Subscribe to enjoy similar stories. When Brandon Estrella learned that OpenAI was planning to scrap his favorite artificial- intelligence model, he started crying. The 42-year-old marketer in Scottsdale, Ariz., had first started chatting with ChatGPT’s 4o model one night in April, when he says it talked him out of a suicide attempt.
09.02 / 09:41
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Mint Explainer: What Sebi’s proposal on SWP, STP means for demat mutual fund investors
Subscribe to enjoy similar stories. MUMBAI : The Securities and Exchange Board of India (Sebi) has proposed extending the facility of standing instructions for systematic withdrawal plans (SWP) and systematic transfer plans (STP) to mutual fund units held in demat form, a move that could simplify cash flow planning for investors. In a consultation paper issued on 5 February, the markets regulator said the change is aimed at improving ease of doing business and bringing parity between mutual fund units held in statement of account (SoA) form and those held in dematerialized form.
05.02 / 00:39
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Recent reforms effectively a new direct tax code: CBDT chief
Subscribe to enjoy similar stories. New Delhi: India’s long-awaited overhaul of its direct tax regime has effectively arrived in stages, combining the simplified Income Tax Act enacted last year with a toned-down penalty and an enforcement framework under the Finance Bill 2026, and the revamped procedures and user-friendly ‘smart’ tax return forms to be rolled out later this month, Central Board of Direct Taxes (CBDT) chairperson Ravi Agrawal said in an interview.
05.02 / 00:07
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Vodafone Idea’s ₹35,000-crore loan bid faces fresh lender scrutiny
Subscribe to enjoy similar stories. NEW DELHI/MUMBAI : Lenders to embattled telecom operator Vodafone Idea Ltd are examining the company’s spectrum dues, subscriber losses and weak user revenue before deciding on its request for a fresh loan of ₹35,000 crore, a person involved in the discussions said. An external techno-economic viability (TEV) study done in 2024 to examine Vodafone Idea's creditworthiness will be updated with new projections, and a fresh TEV will not be done, the person said on condition of anonymity.
04.02 / 07:27
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Indian IT stocks take a beating as AI automation tools signal an agentic shift
Subscribe to enjoy similar stories. Shares of top Indian information technology (IT) services firms fell sharply in early trade on Wednesday, mirroring the drop in US technology and software stocks overnight after American AI firm Palantir launched a new tool that threatens an important revenue stream of these companies. Shares of Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd, and Tech Mahindra Ltd were down 5.1%, 5.96%, 4.94%, 3.36%, and 4.61%, respectively in early trade.
04.02 / 06:35
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Update India’s reform agenda: Freeing up urban land should be treated as an economic imperative
Subscribe to enjoy similar stories. India recently notified the long-awaited modifications of its labour laws, streamlining outdated and punitive regulations that had raised the cost of doing business and discouraged scale. As states begin to operationalize the new codes, there is optimism that simpler rules will encourage the formation of new firms, investment and formalization.
04.02 / 01:21
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Monetary policy in 2026 is all about liquidity
Subscribe to enjoy similar stories. When the Monetary Policy Committee meets on 6 February, baseline expectations are that the repo rate will stay at 5.25%, the stance will remain “neutral", and the tone will be carefully balanced. But the real story of India’s monetary policy this year won’t be told through interest rates.
02.02 / 16:57
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Budget 2026 seeks to make tax regime less adversarial, more predictable: official
Subscribe to enjoy similar stories. NEW DELHI : The fiscal year 2027 (FY27) Union budget signals a broader reset in India’s tax policy, combining efforts to reduce disputes and ease compliance for domestic taxpayers with targeted measures to offer greater certainty to global investors in strategic sectors.
02.02 / 10:49
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How AI is rewriting consumer commerce in China
Subscribe to enjoy similar stories. China’s consumer recovery has been slower and more uneven than policymakers hoped, but one part of the economy is moving fast anyway: artificial intelligence. As demand growth falters and traditional stimulus offers only limited lift, China’s biggest consumer platforms are leaning into AI not as a moonshot, but as a practical tool to stabilize margins, reshape competition, and extract more value from each transaction.
02.02 / 06:03
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Maruti Suzuki closes in on EV PLI scheme, giving scale boost to India’s clean mobility push
Subscribe to enjoy similar stories. Maruti Suzuki India Ltd has been directly added to the list of companies eligible for incentives under the government’s ₹25,000 crore production-linked incentive (PLI) scheme for electric vehicles—a move that could boost EV adoption and support India’s clean mobility push. According to officials and experts, the inclusion is significant given Maruti’s roughly 40% share of India’s passenger vehicle market.
30.01 / 04:39
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In charts: How weights will change under the new CPI series
Subscribe to enjoy similar stories. India is getting a new framework to measure retail inflation. Starting January 2026 inflation print, the country will shift to an updated Consumer Price Index (CPI) that better reflects how Indians spend their money today.
29.01 / 01:37
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Why naming a nominee may be the most important step in your life insurance
Subscribe to enjoy similar stories. Why does a family’s breadwinner insure their life? The answer is simple: to reassure loved ones that if an unfortunate event takes away the primary source of income, financial support will still be available. However, without a nominee recorded in the insurer’s books, claim proceeds cannot be disbursed speedily, defeating the very purpose of life insurance.
27.01 / 08:09
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BIS revises standards for construction insulation and liquid food packaging
Subscribe to enjoy similar stories. NEW DELHI: In a move aimed at improving the quality of construction insulation material and packaging for processed liquid food and beverages, the Bureau of Indian Standards (BIS) has amended two norms covering bonded mineral wool and paper-based multilayer cartons. The revised standards will come into effect after a six-month transition period to allow the industry to comply with them, as per a government order reviewed by Mint.
26.01 / 09:49
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Nominee vs heir: Why your bank nomination doesn’t decide inheritance
Subscribe to enjoy similar stories. For most households, filling out a nomination form feels like settling succession itself. Once a nominee is named for a bank account, insurance policy, or mutual fund, there is a widespread assumption that the nominee automatically becomes the owner after death.
24.01 / 02:45
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Can your AI chatbot give you a mental illness?
Subscribe to enjoy similar stories. Back when I fancied myself a psychologist, someone once visited my home with a suitcase full of Kerala snacks, handing them out to people he thought deserved the gifts. As he stood there, he glanced at a newspaper on the table and said, “Oh, I see they've got my photo in the papers again".
24.01 / 00:49
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For small businesses struggling with debt, some relief may be on way
Subscribe to enjoy similar stories. NEW DELHI : Hope is around the corner for millions of small businesses struggling with debt, with the Union budget likely to propose longer repayment timelines, penalty waivers and a digital platform to ease loan restructuring. The union ministries of finance and MSME are updating the decade-old framework for revival and restructuring (FRR) for micro, small, and medium enterprises (MSMEs), two people aware of the plan said.
22.01 / 01:45
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Beyond the Crash: Is Kalyan Jewellers underperformance a red flag?
Subscribe to enjoy similar stories. Kalyan Jewellers has had a rough start to 2026, with the stock sliding 17.5% this calendar year, lagging peers. On Wednesday, Kalyan Jewellers’ stock slid to its 52-week low of ₹390, plunging 12% and remaining deep in the red, while peers are up 0.4-4.5%.
21.01 / 12:11
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New lift standards for PwDs to force redesigns for India’s property, infrastructure developers
Subscribe to enjoy similar stories. NEW DELHI: India is set to notify revised and stricter national standards for elevators used by people with disabilities, designed to make buildings safer for them, more accessible and easier to navigate independently. The move to enforce stricter technical and functional requirements is seen as a fresh push to the Accessible India campaign launched in 2015 to improve mobility and access for divyangjans across buildings, workplaces, public transport and daily infrastructure, two people aware of the matter said.
21.01 / 10:31
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Under growing pressure, Elon Musk backs down on nude deepfakes
Subscribe to enjoy similar stories. Editor’s note (January 15th 2025): This article has been updated to take in developments. FROM DRUG use to libel suits, Elon Musk has long been able to shrug off problems that would have imperilled most bosses.
20.01 / 02:33
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Mint Quick Edit | Trump’s peace board and India’s Gaza calculus: Think every scenario through
Subscribe to enjoy similar stories. Should India join the Board of Peace for Gaza being set up by the US? This decision would hinge on what it implies for India’s strategic autonomy.
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