SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

Livemint

Company / Livemint

India Ratings lifts bank credit growth forecast, but warns of margin pressures

India Ratings maintained a neutral outlook on the banking sector, saying the latest 19.3% credit growth is being driven largely by lower-yielding corporate and NBFC loans rather than a broad-based acceleration in lending.

27 Aug 2026 6:37 pm
PM Jan Dhan Yojana turns 12 with 59 crore accounts, 3.17 trillion in deposits

PMJDY accounts come with no minimum balance requirement or maintenance charges. Account holders are provided a RuPay debit card carrying an accident insurance cover of 2 lakh and are eligible for an overdraft facility of up to 10,000.

27 Aug 2026 4:54 pm
Indias media and entertainment industry set to grow to $36.7 billion by 2030

India's entertainment and media market is projected to grow from $25.7 billion in 2025 to $36.7 billion by 2030, driven by digital ecosystems and technology. Key areas include internet advertising and OTT, with new monetization models enhancing revenue potential across traditional and digital media.

27 Aug 2026 4:37 pm
Mint Explainer | Crop loss or diversion for ethanol: what's driving sugar prices?

The sugar price spike comes just ahead of the festive season, when consumption typically rises. Is it a result of lower production or diversion of sugar to ethanol?

27 Aug 2026 3:27 pm
Mint Explainer: Why India wants to indigenize SCADA systems

Mint explains the move and the challenges amid concerns over imported systems used in electricity distribution and transmission.

27 Aug 2026 3:11 pm
Adani, GMR increase bets on non-aero revenue to drive growth

Major airport developers, Adani and GMR, are aggressively expanding retail, dining, and commercial offerings to drive profitability as passenger traffic growth cools down. 

27 Aug 2026 2:45 pm
Nvidia to buy Hugging face for $12.9 bn, says report; same AI firm was hacked by OpenAI agents in July

Nvidia is set to acquire Hugging Face for $12.9 billion, as per media reports. This deal comes just a month after the AI startup was hacked by OpenAI agents, which in turn compromised its infrastructure. Full details here.

27 Aug 2026 1:58 pm
Global PE firm Siguler Guff eyes $350-400 mn continuation fund to back four portfolio cos

Siguler Guff is considering the fund to stay invested in value-retail chain Baazar Kolkata, multi-specialty chain Sterling Hospitals, appliance maker Luker Electric Technologies and medical device maker Relisys

27 Aug 2026 12:59 pm
Luxury or budget? Hotel chains strike upon a juicy middle ground

India's hotel industry is shifting to upscale offerings, bridging luxury and budget categories. Chains like EIH, ITC, and Lemon Tree are expanding mid to upper-upscale brands to meet rising domestic demands, while maintaining a portfolio across various price points to maximize market coverage.

27 Aug 2026 12:48 pm
90s stars are making a comeback, but is nostalgia really doing the heavy lifting?

After a long lull, stars like Emraan Hashmi and Sunny Deol are back at the box office. Experts say nostalgia and familiar franchises help, but the right story, character and genre ultimately make a comeback click.

27 Aug 2026 11:10 am
Lloyds Metals weighs bigger steel bet, eyes up to 8 mtpa at Maharashtra unit

Lloyds Metals has environmental clearance for a 4.5 mtpa steel plant at Konsari in Maharashtra but is studying a scale-up to as much as 8 mtpa as iron ore production rises.

27 Aug 2026 11:04 am
Meta planned massive shake-up to replace employees with AI, but then Mark Zuckerberg blinked: What was Project OT?

The plan, code-named Project OT short for Organization Transformation envisioned an AI native future for the owner of Facebook and Instagram.

27 Aug 2026 7:41 am
ChatGPT, used by over 100m Indians, to now show ads to free users

On 9 February, OpenAI announced a pilot plan for advertisements within ChatGPT, barely five days after cross-town rival Anthropic released a statement claiming that its ChatGPT counterpart, Claude, is a space to think and will remain ad-free.

27 Aug 2026 7:00 am
India's semiconductor investment push gains pace as Tata, L&T chip in

Starting January 2025, Tata Electronics, Murugappa Group's CG Power, and HCL Group have announced semiconductor projects worth 1.29 trillion under the India Semiconductor Mission. Since then, these firms have invested 3,345 crore in semiconductor manufacturing and assembly plants.

27 Aug 2026 6:20 am
Founders, investors launch 250 cr fund to back impact-focused startups

TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.

27 Aug 2026 6:00 am
Strong AI chip demand fuels Nvidias Q2 results well beyond Wall Streets expectations

Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations

27 Aug 2026 2:36 am
HPs decline in PC shipments overshadows strong results; shares fall

HP-RESULTS:HP's decline in PC shipments overshadows strong results; shares fall

27 Aug 2026 2:22 am
Meta, Under Duress, Finally Does the Right Thing for Teens

Finally, what some said could never be done has happened: Meta Platforms Inc. has been forced to make real changes to protect the millions of young people who use its products. Make no mistake, whilethe amount that the company agreed to pay to settle a lawsuit brought by several states up to $18 billion is large, it is dwarfed in significance by the long-tail positive effects this so-called Big Tobaccomoment will have on the well-being of teens. Metas simultaneous call that other social m

27 Aug 2026 12:03 am
Hyderabad techies protest sparks workplace culture debate: What happened inside the IT giant?

A dispute between Tech Mahindra and employee R Bhavana highlights issues in handling medical leave and grievances in tech companies. 

26 Aug 2026 10:58 pm
EAC-PM calls for fewer, equal-sized banks

An EAC-PM paper finds that banking efficiency has improved sharply since FY20.

26 Aug 2026 10:09 pm
JSW puts 50GWh cell plant on hold as China tech curbs block partnership

The JSW Group, led by Sajjan Jindal, has halted plans for a 50 GWh battery cell gigafactory in India owing to the inability to secure a partner for lithium iron phosphate technology from China.

26 Aug 2026 9:20 pm
Salim Ramjis Vanguard strikes $4 billion deal to buy wealth platform Altruist: Report

Vanguard agrees to acquire Altruist for about $4 billion, expanding its wealth management and financial advice business.

26 Aug 2026 8:36 pm
Prudential to sell up to 2% stake in ICICI Prudential AMC worth around 3,190 crore

Prudential is pricing the deal in the range of 2,998-3,158 per share, representing a 2-7% discount to ICICI Prudential AMC's Wednesday closing price of 3,222.80 on the NSE

26 Aug 2026 8:09 pm
HDFC Bank faces US class action over alleged securities law violations

Jwalant Natvarlal Soneji, an HDFC Bank investor, filed a securities-fraud class-action complaint on 13 August in the US District Court for the Southern District of New York against the lender.

26 Aug 2026 7:19 pm
Jindal's MG joint venture looks to recover its lost ground

JSW MG Motor India has launched the Hector Tomahawk SUV with EV and plug-in hybrid options to reclaim its second-place rank in Indias electric vehicle market. The launch comes as JSW and China's SAIC negotiate further investments while preparing to triple local manufacturing capacity.

26 Aug 2026 6:46 pm
Flipkart Minutes pulls ahead of Instamart in quick-commerce race: report

Blinkit remains a clear leader with 969 stores, accounting for about 27% of the 3,536 dark stores CLSA mapped across the 10 cities.

26 Aug 2026 6:27 pm
Mint Explainer: Why brands are calling out rivals in their ads

Comparative advertising is not new in India. But it's becoming less about 'my product is better' and more about challenging a rivals claims and positioning.

26 Aug 2026 4:25 pm
Mint Explainer | Will the new H-1B rules reshape the Indian IT strategy?

The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?

26 Aug 2026 2:09 pm
Indiabulls signs deal for 3,700 crore Gurugram project; expands realty portfolio to 27,308 crore: Report

The project's start date comes ahead of the festive season, a time when residential demand increases, a factor the company expects to tap into once registrations for sale open.

26 Aug 2026 1:39 pm
Mechanical Turk: Why is Amazon shutting down crowdsourced work platform which jeff bezos called Artificial AI?

Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.

26 Aug 2026 1:02 pm
India ticks all the boxes for long-term investors: CPPIB

CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.

26 Aug 2026 12:27 pm
OpenAI data centre chief Chris Malone exits as executive departures mount, US backlash over AI infrastructure grows

Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.

26 Aug 2026 12:04 pm
Deloitte to pay US govt $21.5 mn to settle 'discriminatory' practices claims, months after IBM agreed to pay $17 mn

Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.

26 Aug 2026 11:42 am
Can bundling change the game for audio streaming platforms in India?

Indias music-streaming market is betting on telecom, OTT, banking and other bundles to convert reach into paying users, but experts say exclusive content and better licensing economics will be key to making the model work.

26 Aug 2026 10:51 am
Anthropic sees $30 trillion TAM as it looks to surpass SpaceX's $28.5 trillion largest actionable market: Report

This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.

26 Aug 2026 10:39 am
Meta reportedly discussing a mid-trial settlement as the case by 29 state attorneys general enters its second week

Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.

26 Aug 2026 8:58 am
Indian ITs mid-caps are gaining ground in the bank battle

Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.

26 Aug 2026 6:00 am
Shree Naman Group wins bids for JW Marriott Bengaluru, Crowne Plaza Pune at 1,800 crore

Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.

26 Aug 2026 6:00 am
Hero MotoCorp opts for an unorthodox strategy for its leadership reset

Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports. 

26 Aug 2026 6:00 am
Govt seeks sales estimates from e-truck, e-bus makers for new financing scheme

This will be the first major government scheme for private sector intercity e-buses. Previous e-bus schemes covered state-run intracity buses.

26 Aug 2026 6:00 am
Intuits annual forecast falls short of estimates as it prioritizes customer growth

INTUIT-RESULTS/ (PIX):Intuit's annual forecast falls short of estimates as it prioritizes customer growth

26 Aug 2026 1:32 am
Franklins Araghi Says Nvidia Holders Want Map, Not Just a Beat

Franklin Templetons Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans.

26 Aug 2026 12:00 am
Elon Musks space company to build new rocket launching site in Louisiana

Elon Musk's space company to build new rocket launching site in Louisiana

26 Aug 2026 12:00 am
Ribbit Capital looks to sell shares worth up to 1,914 crore in Groww

Funds managed by Ribbit will sell up to 98.2 million shares, or about 1.6% of Growws existing total shares outstanding, at a floor price of 195 a share.

25 Aug 2026 9:12 pm
Hyderabad airport to charge arriving domestic, international passengers UDF for the first time

The tariff regulator is changing how operators recover infrastructure costs by splitting the charge between arriving and departing passengers.

25 Aug 2026 7:55 pm
Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount: Report

Air India is pursuing $1.5 billion in fresh equity from Tata Sons and Singapore Airlines to address substantial losses, following a record $2.33 billion deficit last fiscal year. 

25 Aug 2026 7:41 pm
FedEx ramps up India investment as high-value exports take off

India is a strategic growth market for FedEx and one of the fastest-growing markets in its global network, with the countrys growing role in global trade to drive demand for time-sensitive logistics

25 Aug 2026 6:43 pm
Federal Bank denies reports of majority stake acquisition in Jana SFB as stock drops 4.4%

Earlier on Tuesday, a CNBC-TV18 report citing sources said Federal Bank and Jana SFB are in advanced stages of a deal for the private bank to acquire a majority stake in the small finance bank.

25 Aug 2026 3:49 pm
Boundless VC closes 300 crore fund to back early-stage AI, frontier-tech firms

This comes at a time when India has fallen behind the US and China in building globally competitive foundational AI models. While the industry sees greater opportunities for Indian startups at the application layer, a lack of early-stage local risk capital may pose challenges.

25 Aug 2026 3:28 pm
RBI measures to lift Indias ECB inflows to $75-80 billion in FY27: Citis corp banking head

According to Neeraj Kumar, the projection was revised upward over the past two months after the RBI introduced measures in June allowing banks and public-sector companies to raise foreign-currency funds under a special window.

25 Aug 2026 3:21 pm