Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.

A recently-concluded exhibition at Anupa Mehta Contemporary Gallery, Mumbai, of her textile-based works, titled how do i make you believe, showed how the lack of quick fix solutions to chronic illness and pain can be, among other things, a starting point for artistic alchemy.Brahmatmaj’s chosen medium is embroidery—something that social media algorithms would term “grannycore” or “slow living”, and what British embroidery artist Clare Hunter says in her book Threads of Life (2019) a way for women to express, communicate, and create meaning.

The artist’s embroidered works, images of which she puts up regularly on social media, subvert the social media-fuelled aspirational lifestyle credo about handwork.

Despite strong financial reports and more blowout spending forecasts from its largest customers, Nvidia has been one of the weakest chip stocks this year.The company’s latest results posted Wednesday afternoon don’t seem likely to shift that pattern.

The occasion marked the 14th consecutive quarter that Nvidia’s revenue and operating income beat Wall Street’s targets, according to data from FactSet.

The stock still fell a little over 1% in after-hours trading.There are a mix of reasons for what UBS analyst Tim Arcuri describes as a “marked apathy” among investors on the AI powerhouse.

The media function holds a lot of data, and then when media and creative walk separately, it creates a lot of tension. This is not a sensible model for a client.”RK Swamy’s clients include Magicbricks, Polycab, and several government institutions and PSUs such as LIC.The company reported a 15% jump in annual revenue for FY26 to ₹351.73 crore, while profit before tax and exceptional items rose 30% year-on-year to ₹32.2 crore.

With a fresh filing, SpaceX showed the path to a landmark IPO likely to mint Elon Musk as the world’s first trillionaire. Anthropic showed potential to turn a profit far sooner than expected, and OpenAI prepared to file for its public debut as soon as Friday, The Wall Street Journal reported.Meanwhile, two of the world’s biggest companies faced the challenging realities of the AI age, with Nvidia meeting investor apathy after posting record sales of $82 billion and Meta Platforms starting to lay off 8,000 employees.Meta Chief Executive Mark Zuckerberg in a memo to staff Wednesday called AI “the most consequential technology of our lifetimes.”“I’m optimistic about everything we’re building,” he said. “But success is not a given.”Such is the mind-boggling nature of the AI boom, with its vast capital needs, a constantly evolving cast of winners and losers and the ability to quickly make or break whole industries and reset economic sentiment.“There’s no status quo.

Everything is evolving so quickly,” said Jeffrey Bernardo, chief executive of Augustine Asset Management, which holds shares in a number of large global technology companies. “Demand for these products is growing and exceeding supply, and it’s all driving improvements in productivity.”Bernardo’s firm is “open-minded” about investing in the startups when they go public, but he plans to study IPO filings carefully before making any investment decisions.In the first phase of the AI boom, Nvidia used its edge in making cutting-edge chips to become the world’s most valuable company.

However, recent selling in those East Asian markets has brought the conversation surrounding foreign flows back to India.According to Bloomberg data, Foreign portfolio investors have pulled nearly $23.4 billion from Indian equitiesso far this year, driven by stretched valuations, rupee weakness and softer earnings growth expectations.

This sustained selling, coupled with a rising current account deficit, has severely weakened the rupeeBut the flow picture across Asia is signaling some shifts.

South Korea and Taiwan, which had become favourite markets for global investors riding the artificial intelligence and semiconductor boom, have started seeing large outflows.

CSM revenues have now declined year-on-year for five consecutive quarters. The segment, which contributed about 75% of the agrochemicals maker’s FY26 revenue of ₹6,714 crore, saw revenue fall 16% year-on-year.Weak demand and customers’ shift to just-in-time procurement continued to weigh on the CSM business, where revenue declined 15% in the March quarter (Q4FY26), though that marked an improvement from the 32% drop in Q3FY26.Management said the global crop-protection market remains stuck in a prolonged multi-year downturn, resulting in an uneven recovery.

The West Asia conflict has added to disruptions. In the domestic market, elevated channel inventories, weak crop prices following lower acreage under key crops, and uneven rainfall hurt demand.

CSM volumes fell 14% in FY26.Management remains hopeful of a revival in agrochemical demand in FY27. In the domestic market, weather-related uncertainty ahead of the kharif season could be partly offset by higher reservoir levels.

What follows is baffling: Even after Muirhead turns him in to the police, she returns to his side. She has spent her career reading evidence of violence; if anyone should have been repelled by her fiancé’s brutality, it was she.Yet she still goes back, with disastrous consequences.

In my practice, I have repeatedly witnessed sensible people who, in the thrall of strong attachments, seem to throw their judgement to the wind.

But there will be many watching the documentary who do not have the same frame of reference and will be tempted to dismiss Muirhead’s decision as an outlier.If that is your main takeaway, you will miss an opportunity to see how this psychological dynamic plays out in people’s daily lives.This kind of behaviour is not confined to romance.

This is because of strict credit appraisal processes that leave a large segment of the population underserved.In such a scenario, customers can opt for a secured or fixed deposit (FD)-backed credit card instead of the ubiquitous unsecured card.

Secured cards not only provide similar benefits as unsecured cards, including reward points, lounge access, discounts, cashbacks, lifestyle perks and welcome vouchers, but also offer comparatively lower joining and annual fees.Low/No credit history: New-to-credit individuals, including Gen Z (born 1997-2012), don’t have a credit repayment history.

This makes it difficult for banks to evaluate an applicant’s risk profile, and they often reject the application.Income limitations: Most traditional banks require proof of steady income to determine if applicants can afford credit cards.

Forensic auditors are also employed by resolution professionals to report on preferential, undervalued, fraudulent and extortionate (‘PUFE’) transactions for adjudication under India’s Insolvency and Bankruptcy Code (IBC).

While there is no single universal definition, several globally recognized organizations have provided widely accepted definitions (and norms) of forensic auditing.

A forensic audit can broadly be described as a specialized exercise that blends accounting, auditing and investigative skills to examine financial information for use inter alia in legal proceedings.

We’ve already started this transition, and we plan to do more of it this fiscal.”Beyond mobile phones and laptops, EMS firms are expanding into smart metres for electricity boards, aerospace and defence subsystems, railway safety instrumentation, printed circuit boards and display assemblies, and medical devices deployed in hospitals.India’s annual mobile phone shipments have remained subdued since the covid-19 pandemic, with industry estimates pointing to a single-digit decline this calendar year from 152 million smartphones shipped last year.The margin pressure driving this shift is increasingly visible.In FY26, Syrma SGS reported an operating margin of 7.1%, up 2.3 percentage points.

Consumer electronics, which represented 30% or the largest chunk of Syrma’s revenue of ₹4,819 crore, recorded the slowest growth across segments at 8% year-on-year.

Brent crude now trades over $100 per barrel, up from about $70 per barrel before the West Asia war began.Efforts to soften the blow are still not enough to cushion the impact of crude price surge.

The government reduced excise duty on petrol and diesel by ₹10 per litre on 27 March. It has also allowed two price increases over the past week, totalling about ₹4 per litre.

Against this backdrop, OMCs: Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL), and Hindustan Petroleum Corp. Ltd (HPCL), are projected to see substantial under-recoveries (losses on selling fuel below market prices) in the ongoing Q1FY27 (versus nil in Q4FY26).Apart from auto fuels, OMCs’ cost of procurement of LPG has also increased sharply to about $1,000 per tonne, against $520 per tonne before the war, as per a 17 May Nomura Global Market Research report.

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.

Prime Video did not respond to Mint’s queries for the story.Entertainment industry experts say such changes are part of a broader localisation strategy adopted by OTT platforms operating in India, shaped by regulatory uncertainty, cultural sensitivities and commercial risk considerations.

The result, they add, is often consumer frustration, and in some cases, increased piracy as viewers seek unedited versions.Unlike theatrical films, OTT content in India is presently not subject to pre-certification by the Central Board of Film Certification.

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.

The high price of oil has exposed its vulnerability, with the reverberations of every policy action or non-action likely to influence other parts of the economy.Let’s start with monetary policy first.

The regime of low interest rates is over and the decision that India’s central bank must take is when—and by how much—to raise its repo rate.

The Goldilocks scenario has turned into a Cinderella syndrome, where all base effects turn negative and inflation pushes aggressively upwards.This is a global phenomenon.

As inflationary pressures build, consumers are expected to cut back on discretionary spending and reduce shopping frequency.“People will start to look at value for money often.

So, some of this trading down will happen,” said Anand Ramanathan, partner, consumer industry leader, at Deloitte South Asia.A recent report by global consumer data and market research company Worldpanel by Numerator (formerly Kantar) lists out products such as hair oil, biscuits and jams that could be under pressure due to rising inflation, as well as categories such as chips and snacking, which are dependent on oil-linked inputs and logistics.Biscuit and candy makers will also be under scanner as major raw materials like wheat and sugar prices are on an upward trajectory.

Quick service restaurant (QSR) companies may face stress from rising commercial LPG cost and falling discretionary consumption.Brent crude oil continues to hover at $90-$100 a barrel after the closure of the strategic Strait of Hormuz through which about a fifth of the world's oil and liquefied natural gas usually passes.According to K Ramakrishnan, MD, South Asia of Worldpanel, most macro assumptions for India’s 2026 outlook were built around crude oil prices averaging $80-85 per barrel.

We never called it ‘sustainability.’ It was common sense, passed down by elders, absorbed without effort and practised without announcement.In today’s global environment, that common sense is not just a virtue but a practical national strength.

That is why I read the Prime Minister’s recent seven-point appeal as a timely reminder and not as a signal of panic. The spirit is simple: reduce avoidable vulnerabilities.

Conserve fuel. Use public transport and carpool more. Use work-from-home and virtual meetings where possible, and for a limited period, postpone non-essential foreign travel and other discretionary foreign-exchange outflows.

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.

There's a large opportunity to scale the business into a larger customer base," said Anil Goteti, founder and chief executive of Scapia in a conversation with Mint.

The company’s Series C was an all-primary round with no secondary transactions.The company declined to comment on its valuation, saying that it is “ultimately an outcome of long-term execution.”The company operates at the intersection of fintech and travel, offering a marketplace for users to book flights and purchase travel-related products, alongside co-branded credit cards in partnership with Federal Bank and Bank of Baroda.Scapia’s fundraise comes as Gen Z and millennial consumers in India increasingly allocate more spending toward travel.

A joint report by Redseer Strategy Consultants and Fireside Ventures earlier this year found that one in three consumers spend over 20% of income on travel.

The timing of this fund is closely linked to how the market has evolved and the enormous opportunity that the consumer sector in India presents,” said executive director Karan Kapur in an interview with Mint.The fund, which aims to selectively deploy capital across 5-6 investments, will focus on partnering with and scaling companies in food & beverage, retail, consumer services and allied sectors.

It seeks to bridge a gap in India’s consumer ecosystem by combining long-term patient capital with operating expertise to help emerging brands scale sustainably.Kapur said part of the fund has been financed through K Hospitality’s internal accruals, while the remainder came from offer-for-sale (OFS) proceeds linked to subsidiary Travel Food Services’ (TFS) initial public offering last year.TFS, which specializes in bringing international brands to airports, is a joint venture between K Hospitality and London-based SSP Group.

The company was listed in India last year through an OFS-only initial public offering, in which the Kapur Family Trust sold part of its stake.India’s food services market, valued at about $80 billion in 2024, is expected to grow at a compounded annual rate of 10-11% over the next five years, according to Redseer.

You’ve likely forgotten, or never heard of, Evans because injuries, a leaguewide lockout and a two-year drug suspension derailed his promising career.Flaming out at your first desk job probably wouldn’t carry as much public scrutiny.

Then again, it wouldn’t come with millions of dollars to fall back on, either. Better to make strategic decisions early and plan for the day when something in or out of your control goes wrong.Last week I offered five things grads should know when starting out.

I focused on tactical advice, like office norms to learn and academic standards to leave behind. This week I am looking at the big picture, sharing words of caution to avoid sabotaging future prospects.Working for a household name will impress your high-school buddies at your five-year reunion.

That’s a key lesson from the ‘taper tantrum’ crisis of 2013. In an oped for Hindustan Times, Duvvuri Subbarao, who was the Reserve Bank of India’s (RBI) governor back then, recounts the effect of a small tweak.

The central bank cut the annual outward remittance cap for resident Indians by $50,000 to $200,000.“The market reaction was swift and brutal,” he writes, “The rupee fell 10% in less than two weeks.” RBI’s decision was interpreted as “a reversal of India’s capital account liberalization policy.” Indeed, given how hard it is to second-guess how the minds of market participants work in times of uncertainty, policy actions must not rattle their confidence.

It may be tempting to argue that India’s current account gap this year wouldn’t be as glaring as it was 13 years ago even if it widens beyond 2% of GDP, so the currency market might be less skittish.However, we face a worrying scarcity of foreign capital flows today.

It deals with Pillar 3 (disclosure requirements) of the Basel III framework, adopted by RBI in 2013.The rationale, according to the central bank, is to ensure greater consistency with that framework, as prescribed by the Bank for International Settlements, the global collective of central banks.

Its three pillars cover minimum capital ratios, supervisory review processes and market discipline. The third pillar aims to keep markets informed about the financial status of banks through a regulatory mandate to disclose vital information that has no legitimate claim to secrecy.

The draft circular hits the nail on its head by stating that the provision of “meaningful information about common key risk metrics to market participants is a fundamental tenet of a sound banking system” as it “reduces information asymmetry and helps promote comparability of a bank’s risk profile within and across jurisdictions.”The business of banking is, by definition, characterized by a certain degree of opacity, thanks to its underlying principle of customer confidentiality.

Viranchi Shah, national spokesperson and immediate past national president at IDMA, which has over 1,200 member companies.The proposal would mark a rare intervention in India’s tightly regulated drug pricing regime and is aimed at preventing supply disruptions of critical medicines, the people cited earlier said.Annual price increases for scheduled drugs are linked.

India still sources nearly 85% of its crude oil from overseas, along with a significant chunk of its natural gas needs.That dependence leaves the economy exposed; any spike in global crude prices, geopolitical flare-up, or supply disruption abroad quickly feeds into higher fuel costs and inflation at home.According to media reports, survey ships are expected to soon begin scanning vast stretches of the Bay of Bengal and nearby offshore regions to hunt for commercially viable hydrocarbon reserves buried beneath the seabed.The government has floated bids for a large-scale multi-basin exploration project covering the Bengal-Purnea, Mahanadi, Krishna-Godavari, Cauvery, and Andaman offshore basins—all using advanced 2D Broadband Marine Seismic and Gravity-Magnetic surveys.The scale is striking.

Bengal-Purnea and Mahanadi alone will cover nearly 45,000 line kilometres. Krishna-Godavari and Andaman will each see surveys across roughly 43,000 line kilometres, with Cauvery adding another 30,000.The work involves specialised seismic vessels fitted with long streamer cables that fire sound waves deep into the ocean floor and read the signals that bounce back, essentially giving scientists an X-ray of underground rock formations that may have trapped oil and gas over millions of years.As India pushes hard to boost domestic output and chip away at its import bill, here are five stocks worth keeping on your radar.The company is an oil and gas service provider offering.

The model, launched in 2024, will help circumvent the two big barriers to fleet electrification: high capital outlay and logistical complexity.“CESL is also reaching out to public sector banks, central/state governments, PSUs, autonomous bodies, etc., to align with the government’s larger vision of reducing fossil fuel dependence, lowering operational fuel costs and accelerating clean mobility adoption across public institutions,” a CESL spokesperson told Mint.The move comes after Prime Minister Narendra Modi called for increased use of electric vehicles (EVs), and as the finance ministry directed all public sector banks, insurance companies and financial institutions to switch to EVs as part of an austerity programme.

For carmakers like Tata Motors and Mahindra & Mahindra, the plan is an opportunity at a time when EV penetration in the passenger car segment has just crossed 5%.But the optimism should be tinged with caution.

The one-off boost comes as Noel Tata, chairman of Tata Trusts, the majority shareholder in Tata Sons, raised concern over mounting losses in newer businesses that continue to consume significant funding.Tata Trusts, worried over ballooning losses, has sought clarity on Tata Sons chairman N.

Chandrasekaran’s plans for these companies, including its aviation business under Air India and e-commerce under Tata Digital, to help them turn the corner.According to an analysis by Mint, 13 Tata Group companies, which together accounted for 94% of Tata Sons’ dividend income in FY25, contributed ₹32,615 crore in FY26, down 10.3% from ₹36,342 crore of the previous fiscal.

Specifically, this decline was mainly due to lower income from Tata Consultancy Services Ltd (TCS) and Tata Motors Passenger Vehicles Ltd, which together accounted for 85.5% of Tata Sons’ standalone revenue in FY25.TCS reported a nearly 12% fall in dividend income in FY26, while Tata Motors’s dividend income slipped 4%.TCS’s payout to shareholders was lower since the country’s largest IT services firm had spent ₹6,770 crore on two acquisitions last year to make itself future-ready amid the rise of artificial intelligence (AI) technologies that pose an existential threat to the country’s $315 billion IT outsourcing industry.The lower dividend from Tata Motors Passenger Vehicles also reflected its challenges: its first annual revenue decline in five years and an.

Singh, chairman and managing director of Satin Creditcare, said during the company’s Q4 earnings call on 12 May.Portfolios at risk (PAR), a percentage measure of overdue loans by number of days, have declined in the sector.

Early-stage PAR in the 1-30-day bucket and the 31-90-day bucket dropped below 1%, while PAR 91-180 declined from 3.4% in March 2025 to 1.2% in March 2026, the best level in five quarters, according to a report on microlending by CRIF High Mark.“Q4FY26 marks a decisive inflection in our performance trajectory,” Ganesh Narayanan, MD and chief executive officer of CreditAccess Grameen, said on 8 May, adding that portfolio stress indicators were reverting to pre-crisis levels.The recovery comes after defaults plagued the sector since the middle of 2024, led by over-leveraging, lax underwriting, a slowly fraying traditional lending model and a regulatory clampdown.

However, MFIs said the rebound has fundamentally changed their approach.“We prioritized collections first, then portfolio maintenance and only then growth,” Narayanan said.Analysts are cautious.

The rest held polar opposite views in some way or the other.Let’s start with the eternal dilemma of child-rearing: should a child focus more on studies or extracurricular activities?

This statement saw the biggest reversal in attitudes: 54% said their parents had prioritized studies for them; just 43% agreed with this view in their own role as parents.A generation gap was also seen in the value given to traditional and religious grounding over teaching how to be a responsible citizen.

While 57% said their parents had picked the former, a smaller share (49%) chose it for their own children.These are the findings of the 13th round of a survey that Mint conducts online in association with YouGov India and Delhi-based think tank Centre for Policy Research.

He attributed part of the growth to rising air connectivity, led by IndiGo and Air India.The hospitality chain expects travel demand to remain strong through the summer months, with a significant jump in June and July compared to the same time last year. “Even if some travellers (from India) cut back on overseas trips, we would still benefit from domestic travel demand through our India hotel network,” he said, referring to Modi’s appeal last week to defer foreign travel and avoid gold purchases, among other measures, to conserve foreign exchange amid the Gulf crisis.India's travel boom is also reshaping how global hotel chains approach customer loyalty and engagement.

PCR, which stands for polymerase chain reaction, is a molecular laboratory technique to study DNA segments.The proposed DNA-based system aims to help authorities scientifically verify the exact animal origin of meat products and strengthen confidence among importing countries.

This comes in the backdrop of importing countries tightening food authentication and traceability norms following incidents of meat adulteration such as the 2013 European horse meat.

However, buying in oil & gas, financial and auto shares in the last hour helped the index trim losses and rebound.The 50-share NSE Nifty edged higher by 41 points to end at 23,659.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)INDIGOPNTS: Buy above ₹985, stop ₹940 target ₹1090(Multiday)ABB: Buy above ₹6625, stop ₹6400 target ₹7250 (Multiday)TIMKEN: Buy above ₹3660, stop ₹3550 target ₹3985 (Multiday)On 20 May, Indian markets ended in the red as weakness across metal, oil-linked, PSU bank and realty stocks dragged benchmarks lower, while persistent rupee depreciation continued to weigh on investor sentiment.The Sensex slipped 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 stocks declining against 1,631 advancing, underscoring broad-based selling pressure.Sectoral indices mirrored the downturn, with Nifty Metal falling nearly 2%, while PSU Bank, Realty and Oil & Gas also posted sharp declines.

This includes beds in the new hospitals as well as existing ones.“We think capacity is a strategically important lever… it will place us as the largest player substantially in terms of bed capacity.

But beyond that, if you look at the growth that we've seen reported, that is not a one-time growth or demand generation,” Dr Madhu Sasidhar, chief executive officer of the hospitals division, told Mint.“We put a lot of work into clinical programme development, clinical differentiation—everything from recruitment to putting together teams and the infrastructure that they need.

It has been a multi-year effort,” he added.Apollo Hospitals currently has 10,970 beds across 78 hospitals. In FY26, its hospitals business reported revenue of ₹12,555 crore, up 13% from the previous year.Its diagnostics and retail health business grew 20% to ₹1,865 crore, while the omnichannel pharmacy business, Apollo HealthCo, saw revenue grow 19% to ₹10,808 crore.

Now Finra, the brokerage industry’s self-regulatory organization, is piloting a new self-reporting initiative that could bring Finra’s inquiries to an end sooner and potentially avoid penalties.Leaders of Finra’s enforcement division described reforms to the organization’s processes at a recent conference in Washington, stressing the importance of volunteering information that could help regulators understand more about the firm’s operations, what might have gone wrong from a compliance perspective, and what the firm is doing to address the issue.At the outset of an investigation, Finra is inviting firms, along with their outside counsel, to sit for an introductory meeting.

That enables the regulator and the firm to compare notes and for the firm to proactively furnish information without waiting for the formal request from Finra staff.

It also gives the firm an opportunity to outline remedial steps it has taken on its own to address any compliance deficiencies, which can be a major factor in how harsh a penalty the firm receives.“We take that into account, of course, when determining the outcome of our cases,” said Bill Thompson, vice president and chief counsel at Finra’s enforcement division.Further along in the investigative process, near the end of the fact-finding phase, Finra has been inviting firms in for what its calls an investigative findings meeting, when enforcement staff can share what they have learned and give the firm a chance to respond ahead of moving to “get everyone on the same page,” said Matt Minerva,.

ai applications, such as chatbots, are at the top. The next layer down is software, like the large language models (llms) on which chatbots run.

Then comes hardware, the semiconductors needed to train the models. This spring China’s ai firms are busy baking all of these layers.

ByteDance, the company behind TikTok, has unveiled a slick new video-generation app. DeepSeek, a flashy startup, is due to release a powerful new llm.

China did not respond to US overtures, including the potential sale of Nvidia’s cutting-edge H200 chips to Chinese entities that the Joe Biden administration had blocked and Trump administration reversed.

US officials dismissed a lack of business progress as immaterial. Markets disagreed. The absence of a high-technology purchase package, despite the delegation theatrics, exposed a rare crack in the seemingly unstoppable AI boom.

US markets corrected sharply, with chip stocks falling after a prolonged bull run.India should read this sequence of events clearly.

Hence, even if it takes about 90 days (to and fro), cargoes from the US will ease the supply scenario," Gupta told Mint in an interview.These are very large gas carriers (VLGC), with a capacity of 45,000-48,000 tonnes.BPCL’s LPG business accounts for about 28% of the country’s liquefied petroleum gas market, covering 93.5 million cylinder connections.LPG is a sensitive issue in the country as it is used for cooking by nearly 340 million households.

So when Donald Trump sued his own administration seeking $10bn in damages, the judge had questions. Rather than address them, on May 18th the president dropped his suit altogether.

In exchange he secured a commitment by his own administration to compensate victims of government “lawfare”, to the tune of $1.8bn.

In maga-speak, that means political allies prosecuted by Democrats: think January 6th rioters, pro-life activists and the like.

Seats are a measure of capacity for airlines.The move reflects pressures that analysts say have pushed Air India's network strategy into what one expert calls ‘survival mode’.

Domestic jet fuel prices surged by over 94% between February and May, and airspace over Pakistan has been shut since April 2025.

Subsequent closures over Iran, Iraq, and West Asia due to the war have forced longer flight times and steeper operating costs on international routes.Aggravating the issue is a shrinking fleet: the Air India group operated around 258 aircraft in April–May, down 11% from a year ago, with Air India alone having some 21 planes grounded, double last year's figure, and Air India Express sitting with nearly 12 aircraft idle, almost three times the year-ago number, according to Gagan Dixit, senior vice president-Aviation, Oil and Gas, at Elara Capital.Air India, Air India Express, IndiGo and Akasa Air are yet to respond to a questionnaire from Mint.The FY26 annual report of Singapore Airlines, which has a 25.1%.

But India is clearly not a market they can afford to overlook, said Stefan Hoops, member of the management board at Deutsche Bank AG and chief executive of DWS.DWS in November agreed to acquire a 40% stake in Nippon Life India AIF Management, the alternatives business of Nippon Life India Asset Management Ltd.Hoops told Mint that market sentiment will always create short-term volatility—whether for a week, a quarter or even longer—while the long-term India investment story remains highly compelling.“The bigger takeaway,” Hoops said, is that “Overseas investors increasingly want a seat at the table when it comes to India’s growth story and they do not want to miss the next phase of expansion.”He also pointed to growing interest beyond large-caps, particularly in emerging small- and mid-cap businesses and unlisted opportunities, areas investors are expected to access through the AIF (alternative investment funds) route under the Nippon-DWS joint venture.Over the past five years, the Nifty 50 has climbed 57.1%, but the real fireworks came from the broader market with the Nifty Midcap 100 surging 141.8%, and the Nifty Smallcap 250 rallying 114.7%.According to Hoops, investors are increasingly drawn to long-term durable themes rather than temporary innovations.Hoops said the attraction for investors extends beyond.

Mr. Musk said the verdict was decided on a “calendar technicality” and vowed to appeal, so perhaps this courtroom battle over artificial-intelligence supremacy isn’t over.Essentially, Mr.

Musk sued Mr. Altman for being deceitful. The two teamed up to create a nonprofit AI lab in 2015, and Mr. Musk contributed most of the capital.

At some point, Mr. Altman and Greg Brockman, another co-founder, changed their minds and decided to make OpenAI a for-profit enterprise. “There is no question to anyone following the case in detail that Altman & Brockman did in fact enrich themselves by stealing a charity,” Mr.

Car production stopped in May. Tesla is delivering its final “Signature” versions of the S and X this month. It’s the end of an era for electric vehicles.

The Model S has been made for about 14 years. It was the first truly desirable EV. The “Plaid” version, capable of accelerating from zero to 60 miles per hour in about two seconds, was launched in 2021.The loss of the S leaves a gap in the EV market that Mercedes-Benz Group wants to fill.

On Tuesday evening, the German auto maker closed part of a Los Angeles highway to unveil its Mercedes AMG GT four-door coupe.Three axial flux motors are capable of delivering 1,153 horsepower and are also capable of going from zero to 60 miles per hour in about two seconds.

The jury took about two hours to rule unanimously that the statute of limitations for Musk’s claims had expired. The judge agreed, and that was that.

Musk’s lawyers vowed an appeal, but didn’t specify what they will argue.At the start of the trial, I suggested that asking an Oakland jury to choose between Musk and Altman was like asking them to pick between a “slap in the face or a knee to the groin.” Shrewdly enough, the jurors opted to avoid both.

Yet, while they passed on the opportunity to deliver a verdict on Altman’s integrity in creating OpenAI, Wall Street still might.

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.

Ltd, Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd — are still making losses on sale of petrol and diesel as crude prices have shot up above $100 a barrel from around $70 before the conflict began in February — a 39% increase.

Retail fuel prices have only increased by around 3% so far.At least two independent analysts, from Kotak Institutional Equities and Bernstein, suggested further price hikes of ₹11-14 were necessary to curb oil marketing companies’ losses.

Data from Uniqus Consultech shows capex accounted for about 30% of the ₹18,778 crore raised across 18 mainboard IPOs in the quarter.

Within that, more than 50% went into technology and related infrastructure, overtaking traditional allocations such as factories, warehouses and other physical assets.Technology-linked capex in IPOs had historically remained limited, according to Raghuram K, partner for accounting and reporting consulting at Uniqus.

Tech-related spending through IPO capex was minimal in the March quarter of 2025 and stood at around ₹170 crore in the same period of 2024, he said.The change is not being driven only by a handful of technology listings, though they are part of the mix.

Mutual funds are tax-free trusts; profits accrue within the fund. PMS and AIF categories I and II are pass-through for tax purposes.Sebi permits short positions in SIFs up to 25% of the portfolio.

Unlike long-only MFs, SIF managers can benefit from falling stock prices. Like MFs, SIFs can also use derivatives for hedging, reducing volatility during market swings.The first SIF was launched in October 2025.

As per AMFI data, by October 2025 there were four strategies, over 10,000 folios and more than ₹2,000 crore AUM—implying an average ticket size of ₹20 lakh per folio, versus the ₹10 lakh minimum.By March 2026, the number rose to fourteen strategies, over 44,000 folios and more than ₹10,000 crore AUM.

Management executives at Reits are largely upbeat on demand prospects, providing room for occupancy improvement.Embassy Office Parks REIT sees occupancy rising to 92-93% and Brookfield India Real Estate Trust pegs it at 96%.

Mindspace Business Parks REIT anticipates the reading to reach about 97%, excluding the Pocharam property in Hyderabad, which may be divested.To achieve these targets, the pace at which Reits are able to lease new spaces is crucial.

These companies were on an organic and inorganic expansion spree in FY26 to tap potential demand. But the West Asia war has triggered macro-economic concerns, which can be a roadblock for office leasing.Prime Minister Narendra Modi recently appealed to businesses to re-introduce work from home (WFH) and virtual meetings to cut fuel consumption.

But in this case, a gentle rebuke came along with the praise. What I had written in that column and many other places at the time seemed to conflict sharply with the arguments I was making at this conference about the limits of manufacturing.The contradiction was real.

In recent years, I have become sceptical about the viability of the traditional industrialization-led growth model. I have argued for a different model of economic growth, emphasizing the development of productive capabilities in labour-absorbing, mostly non-tradable services.I have warned policymakers in Africa and other developing regions that trying to emulate the East Asian model would produce, at best, manufacturing enclaves, with a tiny sliver of productive firms integrated into global value chains while the bulk of the labour force remains stuck in low-productivity activities.Mexico exemplifies this outcome.

This comes at a time artificial intelligence is reshaping jobs and productivity expectations, while macroeconomic pressures—from currency weakness to tighter cash visibility—add a new layer of urgency for chief executives.Mint reached out to Dr Ram Charan, feted global advisor to CEOs and boards, for his views on the tough choices CEOs need to make.

Dr Charan, formerly a board member at Hindalco Industries, dwelled on work from home, top CEO worries, how AI will reshape the workplace, and how workers can retrain themselves.

Edited excerpts from the conversation:AI will eliminate jobs. There should be no confusion about that. In history, when jobs were eliminated, new jobs were created.

That cost applies even to very small investments.Take a ₹500 monthly systematic investment plan. An AMC earns roughly 0.3% annually on that investment, excluding distributor payouts and operating expenses.

That works out to about ₹18 a year. At that rate, it takes nearly two years for the AMC to recover just the fixed KYC cost.These fixed costs have become a structural pain point for asset managers, particularly as regulations require schemes to reduce total expense ratios as assets grow.

While variable costs such as registrar and transfer agent fees and distributor commissions typically decline with scale, KYC and depository charges do not.That mismatch has weighed on profitability across the industry, especially in smaller ticket-size investments where fixed onboarding costs form a disproportionately large share of revenue, according to experts.MFU, a non-profit organization funded by asset management companies and formed under the Association of Mutual Funds in India (Amfi) in 2015, is in the process of.

Revenue grew 5.4% to ₹4,163 crore.The company has guided for FY27 exit volumes of 10.6 mmscmd.Tailwinds remain supportive. CNG vehicle adoption has picked up since the GST on CNG conversion kits was cut from 28% to 18%.

PNG network expansion under the government’s PNG Drive 2.0, and the gradual fading of the headwind from Delhi Transport Corporation buses' shift to EVs should also help.PNG is expected to be the primary growth driver.

IGL has 3.44 million connected PNG households, of which only 2.45 million are billed, leaving significant monetization potential without incremental infrastructure spending.The company also crossed 1,000 CNG stations in FY26, with volume growth driven by regions outside Delhi.The challenge lies in margins.