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Looking for safe returns? These 5 government-backed schemes offer over 7.5% interest
Several government-backed savings schemes in India offer annual interest rates of 7.5% and higher. These options cater to various groups and provide tax benefits, attracting conservative investors.
Loan waiver offer? RBI says it could be a scam; 5 ways borrowers can protect themselves
RBI warns borrowers about rising fake loan waiver scams nationwide, urging verification with banks, avoiding upfront fees, and relying on official sources to prevent financial losses and credit damage.
8th central pay commission: Memorandum submission date extended to 31 May — Six months on here are the top updates
The 8th CPC has extended its deadline for stakeholders to submit their memorandum of suggestions for the panel ahead of its recommendations. Here's a look at the top updates six months into the process…
A digital living will: What it means for your family's financial decision
Maharashtra’s digital living will framework may seem like a small administrative step. But for families that use it, it does something estate planning often cannot
Rupee falls to 95.16 vs dollar; Steve Hanke warns of further slide—5 ways it hits your personal finance
Rupee falls to ₹95.16/USD, highlighting currency weakness, as Steve Hanke warns of a continued slide without inflows, which could impact inflation, travel costs, EMIs, investments and savings across the country.
Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear
The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it.
Libas looks beyond ethnic wear, gears up for FY28 IPO
Libas's intent to expand into a multi-brand player comes against a challenging backdrop for apparel retailers, as macro slowdown in the mid-premium category has driven some industry consolidation
OTT platforms squeeze more from loyal viewers as easy growth fades
With content costs climbing, streaming platforms are pivoting to ad-backed plans and premium tiers—lifting average revenue per user without resorting to blunt, across-the-board price hikes.
US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India
Recognize, a private equity firm founded by former Cognizant CEO, emphasizes operational involvement and believes smaller IT firms will adapt to AI advancements more quickly than larger competitors.
Cognizant trims shareholder payouts as AI dealmaking gathers pace
Cognizant joins TCS and HCLTech in cutting shareholder payouts as it channels more free cash flow into AI-led acquisitions and capability building.
Strategic autonomy: Why India should call off the LLM debate and develop its very own AI models
The argument that developing large language models (LLMs) locally would waste Indian resources has weakened. Put to strategic use, AI could have implications for cyber and national security. Clearly, India must develop its own frontier AI models.
Mint Quick Edit | Big shifts in power raise a big question: Will investment patterns change?
The rightist BJP has ousted a Marxist party’s inheritor of power in West Bengal, while Tamil Nadu’s originator of Dravidian ideology has lost to a less ideological party led by film star Vijay. How investor-friendly will debutant regimes be?
SpiceJet’s shrinking fleet puts international operations under scrutiny
With just 21 planes, SpiceJet risks falling below the regulatory threshold for international operations, which requires airlines to have at least 20 aircraft or deploy 20% of capacity on domestic routes, whichever is higher.
Aadhaar gearing for ‘new look’? IT Ministry says no such plan, speculation ‘not correct’ — Here's all we know
The IT Ministry has clarified that it has no plans for a “new look” for its Aadhaar cards, adding that speculation as such is “not correct”. Here's what's new for the government's biometric ID so far in 2026…
The Bengal mandate must not be wasted once again
West Bengal has witnessed a decline in economic and governance standards despite strong electoral mandates. The state must transition to an investment-led growth model, restore fiscal health, and regain investor confidence to achieve sustained renewal.
Carlyle buys majority stake in Knack, EqualizeRCM to build AI-led healthcare billing platform
The private equity firm is betting on consolidation in a fragmented US billing services market, with plans to scale via acquisitions and global delivery
Citi appoints Raj Rathi as head of mergers & acquisitions in India
Rathi joins Citi from Dream Sports, where he served as head of strategy and corporate development.
Central Bank of India expects limited impact from new provisioning rules
Central Bank of India managing director and CEO Kalyan Kumar says it is well buffered against the RBI’s shift to stricter, forward-looking loan-loss provisioning, with existing provisions and strong capital expected to absorb any transition impact,
Opec's loss may be India’s gain: How the UAE's exit from the cartel could ease our oil import bills
The United Arab Emirates' exit from Organization of the Petroleum Exporting Countries could mean it gets to raise oil production and pump more of it through its Fujairah pipeline that bypasses Hormuz. Both could serve India’s energy interests.
What do new E-truck localization conditions mean for the industry?
E-truck makers must use domestically produced components from September 2026. Mint explains the potential impact.
Milky Mist raises ₹482 crore in pre-IPO round led by Temasek arm
The entire primary investment was led by Jongsong Investments, while promoters Sathishkumar T. and Anitha S. sold 89,43,903 equity shares at ₹139.76 a share, aggregating roughly ₹125 crore, as part of a secondary transaction.
Andy Mukherjee: A weakening rupee could end RBI’s efforts to keep credit cheap for borrowers
The Reserve Bank of India under Governor Sanjay Malhotra has managed to avoid raising rates for a while, but with pressure from forex markets mounting, it may have to tighten credit. The central bank may face bigger problems later if it puts off rate hikes fo…
Repertoire drinking spurs new spirit launches
Nearly a dozen products are either already in market or being introduced through early 2026-27 across whisky, brandy, vodka, gin, rum and tequila.
DA hike: IBA announces Dearness Allowance increase in bank employee salaries for May, June, July 2026 — Details
The government revised the Dearness Allowance (DA) for bank employees for May, June, and July 2026, impacting salaries for workmen and officer employees. Here's how this impacts monthly pay for bank staff…
How Navi is sharpening its IPO pitch ahead of a fresh FY27 filing
Navi Ltd plans to file for an IPO in FY27, focusing on profitability and a diversified business model. The fintech aims to attract investors with its offerings in payments, lending, insurance, and investments.
Cult to commercial: Why ‘flops’ like Tumbbad, Awarapan are getting sequels
Despite underwhelming box office runs, Tumbbad and Awarapan are getting sequels, driven by cult followings built on OTT and social media — signalling how digital discovery is reshaping theatrical bets.
How bureau and account aggregator data are redefining lending risk
The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.
SBI, PNB, Bank of Baroda, and 4 other PSU banks offer personal loan rates starting at 7.10% in May 2026. See comparison
Public sector banks offer competitive personal loan interest rates starting at 7.10% in May 2026. Key factors that influence borrowing decisions include credit score, tenure, and processing charges.
Broken links: How is academic work best judged in the brave new world of artificial intelligence?
Old metrics no longer reveal how influential research truly is in an AI-driven world, where knowledge is consumed without clicks or citations. India should stop chasing outdated benchmarks and adopt new ones that measure the impact of academic work better.
Don’t chase returns, rebalance them amid cycles and noise: DSP's Kalpen Parekh
DSP MF CEO Kalpen Parekh trims gold after a sharp rally, raises equity via hybrid funds and sticks to disciplined asset allocation—ignoring noise, chasing value and respecting cycles.