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Subscribe to enjoy similar stories.Technological revolutions have a familiar rhythm. First comes excitement, then investment, and then an awkward phase of reality refusing to cooperate with the narrative. Artificial intelligence (AI) has now entered that third phase.Over the past year, large technology firms have cut thousands of jobs while increasing investment in AI.

Subscribe to enjoy similar stories.A bunch of listed realty developers announced March quarter (Q4FY26) operational updates last week. The highlight: record FY26 pre-sales or bookings.Godrej Properties' pre-sales rose 15% year-on-year to ₹34,171 crore, 5% ahead of its guidance.

₹3,379 crore during a phase when the Nifty 50 fell more than 14%, which meant it could not meet its FY26 AUM guidance of ₹1 trillion.On the flip side, the recovery in stock price following the West Asia ceasefire announcement helped the company cross the ₹1 trillion milestone only ahead of the earnings release. The stock, too, responded sharply, gaining nearly 17% this month after remaining largely flat since September.That said, Anand Rathi Wealth is also a classic operating-leverage story. Its team strength of about 400 relationship managers (RMs) can support growth in the coming years, implying incremental revenue flows with limited hiring.

Read the full story by Dhirendra Kumar.SpaceX eyes historic debut: SpaceX is heading to the stock market. Reports suggest a potential $75 billion IPO, bigger than Saudi Aramco, with a staggering valuation nearing $2 trillion.But this isn’t just another listing. With businesses spanning rockets, satellite internet (Starlink), AI (via xAI), and X (formerly Twitter), SpaceX is no longer just aerospace, it’s an integrated tech giant.

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Stock market recap: Indian equities rebounded on Friday, 10 April, with benchmark indices recovering recent losses amid improved global sentiment. The BSE Sensex jumped over 900 points to close near 77,500, while the Nifty 50 reclaimed the 24,000 mark, ending around 24,050.Sentiment was lifted by optimism around a temporary US–Iran ceasefire.

Mint, introduces a bank passbook-like system in which companies that meet targets earn credits, while those that fall short accumulate debits that attract penalties.Automakers with debits will be allowed to purchase credits from the Bureau of Energy Efficiency (BEE) at fixed rates set annually from 2028 to 2032, ranging from ₹2,500 to ₹4,500 per gramme of CO₂/km.While automakers will be allowed to trade credits among themselves, as is the global norm, the option to purchase credits directly from a regulator is unprecedented.“California allows fully transparent credit trading among OEMs (original equipment manufacturers), while Europe permits pooling among manufacturers,” said Amit Bhatt, India managing director at International Council on Clean Transportation, a non-profit organization that advises regulators on environmental issues.“In contrast, BEE’s proposal represents a distinct Indian approach by introducing a regulated credit purchase mechanism, effectively creating a financial compliance pathway that is not available in either benchmark jurisdiction,” he added.Queries sent to the BEE, Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra and Mahindra, and Hyundai Motor India remained unanswered.To put it simply, every automaker will have a passbook for each of the fiscal years from 2028 to 2032. A positive credit balance would indicate that the company's average annual fuel emissions are below the maximum cap.

India is set to more than double its export quotas for wheat, including for its flour products atta and maida, two people aware of the decision said. The move was cleared recently by a top panel monitoring supply of essentials amid the West Asia war, they said.

₹1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for the benevolence of the central bank. The holding firm of the eponymous group has been in the category in recent years, a classification that entails tighter regulatory oversight and a mandatory listing requirement.The new norms, released on 10 April, currently in the form of a draft circular, take away a part of RBI’s discretion in deciding who gets to be on the list.

Agents and employees representing banks and non-bank financial companies (NBFCs) have been known to frequently push inappropriate products on hapless customers in their zeal to boost sales and rake in the commissions that come with them. A senior citizen is encouraged to purchase a risky market-linked product such as a unit-linked insurance plan (ULIP) instead of a safe fixed-income instrument offering steady returns.

What I’m about to say was once obvious, yet it will seem less persuasive with each passing year: Bitcoin is nothing without its origin story. The story is that an unknown man whose real name was certainly not Satoshi Nakamoto created this cryptocurrency between 2008 and 2009 to liberate us from governments and banks. As Bitcoin’s value rose hundreds of times, it became public knowledge that he held about 1.1 million Bitcoin, worth over $120 billion US dollars at some point last year, and over $70 billion at the time of filing this column.

Mint explains.Reports suggest SpaceX could file for an IPO with a potential roadshow as early as June. At an estimated $75 billion, the offering would surpass Saudi Aramco’s $29.4 billion listing in 2019 by a wide margin.The proposed valuation of $1.75 trillion to $2 trillion would place SpaceX among the world’s most valuable companies, a sharp jump from its most recent private market valuation of about $800 billion.The scale is significant.

With the introduction of the Jan Vishwas (Amendment of Provisions) Bill of 2026 (JV2), India’s government has made one thing unmistakably clear: the decriminalization of various actions covered by the country’s statute book is not a one-time gesture, but a sustained and serious programme of reform. Covering 79 Central Acts in a single sweep, the JV2 Bill follows the Jan Vishwas Act of 2023 and picks up where the Select Committee-examined 2025 bill left off. The ambition behind this exercise deserves recognition on its own terms.

American multinational technology company Oracle, founded by Larry Ellison, is executing the largest layoffs in its history, cutting up to 30,000 jobs or about 19% of its 162,000 global workforce. In India, where it employs around 50,000 people, about 10,000-12,000 roles are being eliminated.At the same time, the company has raised its restructuring budget by $500 million to $2.1 billion in FY26 (June-May), mainly for severance. Oracle attributes part of the reduction to AI coding tools that allow smaller teams to build software faster.

. in New York. The typical 20- to 30-year retirement can stretch to 35 years or more with an age gap.Even when families recognize that extended timeline, advisors say they often underestimate how costs evolve.“They don’t tend to think about the full cost of bringing up and educating children,” or the time it can take to fully launch them, said Dan Beckerman of Beckerman Institutional in Ocean Grove, N.J.That disconnect can have consequences.

On most days in Bengaluru, Bert Mueller could pass unnoticed, except for the auto, which is bright red and unmistakable. Mueller, an American who moved to India in his early 20s, often drives the three-wheeler around Indiranagar, where he lives.

One Piece collaboration in April, while Starbucks India ran a Harry Potter-themed experience in March. While Britannia’s Jim Jam featured Marvel characters in March, Pokémon-themed Oreo packs have been on shelves since early 2025.

The RBI’s monetary policy committee kept the repo rate unchanged at 5.25%, reflecting the wait-and-watch approach adopted by global peers such as the US Federal Reserve, Bank of England, and European Central Bank amid the war in West Asia. The RBI pegged FY27 GDP growth at 6.9% under the new GDP (gross domestic product) series, down from FY26 growth estimate of 7.6%. The central bank flagged risks from Strait of Hormuz disruptions and high energy prices.

Indian pharmaceutical companies are expected to report muted performance for the March quarter (Q4FY26), weighed down by a decline in sales in the US market, while the domestic market is expected to have remained robust.The end of exclusivity for the high-margin Revlimid in the US in January has led to significant price revisions and lower volumes, impacting companies that depend on the product, despite some support from rupee depreciation.An ICICI Securities report projects companies in its coverage to post revenue growth of about 7% year-on-year, lower than about 10% in the first nine months of FY26. While domestic sales growth is expected to be strong at 13.6%, US revenue in dollar terms is projected to drop by about 7%, partly compensated by the rupee’s fall.

HDFC Bank episode shows, ADRs remain a flashing alarm bell for FPI sentiment.In the early 2000s, Indian markets were marked by sharp information asymmetry, and remained relatively isolated from their global peers. For foreign investors at the time, these US dollar-denominated certificates traded in American exchanges opened a critical but often congested lane connecting to Dalal Street.Switch to present—the landscape has transformed.

₹174 million.He held no stake in the company earlier. While the exact reasons for the purchase are not publicly known, several developments could help explain the interest.Simplex Infrastructures has shown signs of operational improvement in recent quarters.For the December quarter (Q3 FY26), the company reported revenue of ₹2,477 million, up from ₹2,298 million a year earlier.