Business Line

• newActive monsoon to bring heavy rain in sub-Himalayan region of Bengal: IMD
  Thunderstorms are likely over the southern districts of the state, where the monsoon has advanced
  - 1 hour ago 13 Jun 26, 2:33pm -
• newAviation sector grapples with financial stress amid West Asia crisis: Sources
  To mitigate these losses, carriers have requested that member states allocate the maximum possible number of flight slots
  - 1 hour ago 13 Jun 26, 2:23pm -
• newWorld Bank warns 2020s could become a 'lost decade' for many developing economies
  In its June 2026 ‘Global Economic Prospects’ report, the World Bank noted that many poorer nations lag far behind their expected development progress since the COVID-19 pandemic
  - 1 hour ago 13 Jun 26, 2:23pm -
• newHexaware opens Gift City hub with 250 employees to serve US, Europe BFSI clients; targets 1000 jobs in 3 yrs
  When asked if Hexaware has scaled down its hiring plans for GIFT City, Jain said the current expansion plan should be seen as part of a phased growth strategy, with the immediate focus on building a delivery hub for international clients
  - 1 hour ago 13 Jun 26, 2:14pm -
• newRBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY report
  Payments Vision 2028: EY reports that the RBI is shifting its focus from expanding digital payment adoption to enhancing cross-border transaction efficiency and bolstering India’s role in global payments
  - 1 hour ago 13 Jun 26, 2:13pm -
• newAshwini Vaishnaw reviews recruitment process of the Railway Recruitment Board
  Indian Railways recruited 43,781 candidates in FY 2025-26, filling 47,084 vacancies across six major categories, highlighting an accelerated recruitment process
  - 2 hours ago 13 Jun 26, 1:53pm -
• newIndia's FTAs set stage for $1-trillion export target: Report
  The trade agreements along with PLI schemes and ‘China+1’ diversification give india a good shot at lifting its merchandise exports to $1 trillion by 2030, the report said
  - 2 hours ago 13 Jun 26, 1:13pm -
• newIndia-Nepal explore AI collaboration to boost bilateral technological ties
  The event gathered stakeholders from government, academia, and the startup ecosystem to discuss how both nations can leverage artificial intelligence for shared economic growth
  - 3 hours ago 13 Jun 26, 12:53pm -
• newWorld Bank cuts global growth forecast to 2.5% as West Asia conflict triggers energy shock
  In a report, the World Bank said commodity prices are expected to rise by 22% in 2026, in contrast to the 7% decline expected in January
  - 3 hours ago 13 Jun 26, 12:53pm -
• newIAF aircraft AN-32 crashes while landing in Assam's Jorhat
  The incident occurred while the aircraft was landing at the IAF's airbase in the Rowriah area
  - 3 hours ago 13 Jun 26, 12:46pm -
• newIndia will give voice to aspirations of Global South at G7 Summit: Modi
  "At the G7, India will not only speak for itself, but it will also give voice to the aspirations of the Global South," he said
  - 3 hours ago 13 Jun 26, 12:43pm -
• newAM Green, VOC Port partner to build green ammonia bunkering hub in Tamil Nadu
  Companies to invest over ₹22,000 crore for setting up production and bunkering infrastructure
  - 3 hours ago 13 Jun 26, 12:33pm -
• newSpaceX opens higher in strong Nasdaq debut
  SpaceX’ $1.77-trillion valuation has cemented Musk’s status as the first trillionaire ever and placed the company in the ranks of the world’s most valuable companies
  - 3 hours ago 13 Jun 26, 12:24pm -
• newSpaceX IPO: Investing platforms anticipate increased traction from Indian investors
  US IPO process does not reserve shares for retail investors from India, companies allot shares to specific brokers or investment bankers, which may then offer them to eligible retail clients
  - 3 hours ago 13 Jun 26, 12:24pm -
• newWhat Elon Musk’s $1 trillion wealth means in real terms
  The milestone reflects the rapid rise in the value of his rocket company and broader gains across his business empire
  - 3 hours ago 13 Jun 26, 12:23pm -

• newRajnath Singh inaugurates Advanced Weapon System Complex at DRDL in Hyderabad
  The Defence Minister praised DRDO’s Missile Systems & Strategic Systems Cluster for its key contributions to India’s technological excellence and national security
  - 3 hours ago 13 Jun 26, 12:13pm -
• newNestle India rejects allegations over Maggi infestation, says tests confirm product quality
  "We categorically reject allegations circulating on media basis an unverified account regarding the presence of infestation, allegedly on MAGGI noodles," said Nestle India
  - 3 hours ago 13 Jun 26, 12:13pm -
• newExperts warn of further pressure as India's retail inflation rises to 3.93% in May
  According to Dipti Deshpande, Principal Economist, Crisil Ltd, the impact of the West Asia conflict is starting to percolate household budgets
  - 4 hours ago 13 Jun 26, 11:53am -
• newIndia, Nepal hold talks on Joint Working Group on cross-border railway links
  Both sides discussed the implementation of the Jaynagar-Bijalpura-Bardibas and Jogbani-Biratnagar railway lines between India and Nepal, funded by the Government of India
  - 4 hours ago 13 Jun 26, 11:53am -
• newNEET schedule likely to delay TN engineering counselling
  Higher Education Minister P Viswanathan said a decision on whether to postpone the engineering counselling would be taken in a day or two
  - 4 hours ago 13 Jun 26, 11:43am -
• newMumbai film festival to showcase 346 films from 46 countries; in tribute to David Attenborough, 2 of his movies will also be screened
  The National Film Development Corporation has received 1,459 entries from across the globe this year
  - 4 hours ago 13 Jun 26, 11:33am -
• newCPI in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks
  Yes Securities expects headline CPI for Q1FY27 to undershoot RBI's 4.2% forecast as the May print at 3.93% y-o-y and benign base effects keep the average low
  - 4 hours ago 13 Jun 26, 11:13am -
• new‘India has emerged as world's 3rd-largest domestic aviation market’, says Delhi CM
  She further emphasised India's growing prominence in the global aviation sector, noting the increase in operational airports
  - 5 hours ago 13 Jun 26, 11:03am -
• newIndia joins elite group as DRDO showcases BMD, NASM-MR tests
  Three consecutive flight tests were conducted on June 10 and 11, 2026, showcasing a multi-layered Ballistic Missile Defence (BMD) system
  - 5 hours ago 13 Jun 26, 11:03am -
• newUS FDA approves expanded use of Sanofi's type 1 diabetes drug
  Sanofi’s type ‌1 diabetes injection has been approved for use in children aged ​8 to 17 years who have been recently ⁠diagnosed with stage 3 of the condition
  - 5 hours ago 13 Jun 26, 10:53am -
• newUS Justice Department clears Paramount's acquisition of Warner Brothers
  The US Justice Department said its investigations suggest the transaction will boost competition across the media and the entertainment ecosystem
  - 5 hours ago 13 Jun 26, 10:43am -
• newIndia has capacity to repay 94% of its foreign debt in a single day, says Fadnavis
  At a press conference celebrating Prime Minister Modi’s 12 years in office, Fadnavis recalled past concerns about India’s ability to repay foreign debt
  - 5 hours ago 13 Jun 26, 10:43am -
• newJaishankar speaks to Rubio, lodges strong protest over US Navy attacks that killed 3 Indians
  "Such lethal actions against commercial shipping are not justified," Jaishankar said in a post on X about his talks with Rubio
  - 5 hours ago 13 Jun 26, 10:23am -
• newOpenAI under investigation by coalition of US state attorneys general, WSJ reports
  OpenAI has been served a sweeping subpoena seeking documents on a wide range of its activities ⁠and the impact on users, including ⁠advertising, user engagement and retention, and the handling of consumer and health data
  - 5 hours ago 13 Jun 26, 10:23am -
• newGRID India seeks fallback mechanism, ring-fencing in CERC market-coupling draft
  GRID India said a regulatory fallback mechanism should be introduced to allow power exchanges to undertake price discovery in the event of a technical disruption at the MCO
  - 6 hours ago 13 Jun 26, 10:03am -
• newA policy contradiction at the heart of India’s pulse mission
  The harder question is whether a policy design that repeatedly suppresses price-discovery infrastructure in response to retail price spikes is compatible with a six-year mission to build domestic supply through farmer-level incentives
  - 6 hours ago 13 Jun 26, 10:03am -
• newFrom E20 to E85: India’s next leap in sustainable transportation
  The country is no longer merely preparing for the future of alternative mobility, but actively defining it through a unique blend of regulatory agility and industrial responsiveness
  - 6 hours ago 13 Jun 26, 9:43am -
• newAnthropic disables top-tier AI models after US order limiting foreign access
  Anthropic stated that the company received an export control directive to suspend access to Fable 5 and Mythos 5 for all foreign nationals, without specific details on the national security concern
  - 6 hours ago 13 Jun 26, 9:43am -
• newDowned Iranian drones targeting ships in Hormuz: US Centcom
  The CentCom said US forces continue to strictly enforce a blockade against Iran, redirecting 139 compliant commercial ships and disabling nine non-compliant ships
  - 6 hours ago 13 Jun 26, 9:43am -
• newTurning surplus into success: How rejuvenated oil palm seedlings can accelerate India’s edible oil mission
  Faster plantation establishment benefits farmers, companies and the nation by accelerating future palm oil production and reducing dependence on imported edible oils
  - 6 hours ago 13 Jun 26, 9:23am -
• newPak PM Shehbaz says final text of US-Iran peace deal agreed upon
  “We can confirm that a final, agreed upon text of the peace deal has been reached and Pakistan is now working closely with both sides to finalise the next steps," he said
  - 6 hours ago 13 Jun 26, 9:13am -
• newIran peace deal looms while new military action flares near Strait of Hormuz
  Draft terms suggest the US would release billions in frozen Iranian assets and lift oil export sanctions in exchange for Iran opening the strait
  - 7 hours ago 13 Jun 26, 9:03am -
• newScientists uncover how the Euphrates River was formed millions of years ago
  Using seismic imaging and geological data, researchers found that the Euphrates likely formed between 3.6 million and 1.6 million years ago when two ancient river systems merged due to tectonic activity in present-day Turkey
  - 9 hours ago 13 Jun 26, 6:33am -
• newNCLT declares Congress MLC Naseer Ahmed insolvent over Rs 1,454 crore loan default
  The ruling also triggers legal provisions that could disqualify him from holding elected office
  - 9 hours ago 13 Jun 26, 6:23am -
• newSpaceX IPO includes a greenshoe option – here’s what it means
  SpaceX raised a record $75 billion in its IPO on Friday after selling roughly 5% of its outstanding shares, with the potential to raise additional funds through a greenshoe option intended to ensure orderly trading in the weeks after listing
  - 9 hours ago 13 Jun 26, 6:13am -
• newWith flawless SpaceX IPO, Wall Street establishes new standard for mega listings
  Nasdaq, banks, and market makers including Citadel Securities and Morgan Stanley successfully processed unprecedented order volumes with no major glitches
  - 10 hours ago 13 Jun 26, 6:03am -
• newSpaceX soars 19.2% in blockbuster debut, lifting US markets higher
  The SpaceX listing, widely seen as one of the largest public debuts in history, lifted sentiment even as related space stocks declined
  - 10 hours ago 13 Jun 26, 5:53am -
• newED arrests two former Reliance Anil Ambani Group executives in money laundering case
  The accused, former Reliance Telecom directors Sateesh Seth and Gautam Doshi, are being taken to Delhi on transit remand.
  - 16 hours ago 12 Jun 26, 11:12pm -
• newIndia developing multi-level missile shield under Mission Sudarshan Chakra: Rajnath Singh
  The system will protect both military and civilian infrastructure while ensuring a strong deterrence capability
  - 16 hours ago 12 Jun 26, 11:12pm -
• newShell prepares to sell offshore wind farms in shift away from renewable energy
  The potential divestment, advised by Rothschild & Co. and PJT Partners, could raise over $1 billion and may take place by 2027
  - 17 hours ago 12 Jun 26, 10:52pm -
• newAir India seeks to defer delivery of hundreds of Airbus and Boeing jets, sources say
  The move comes amid mounting losses, operational disruptions linked to geopolitical tensions, airspace restrictions, and rising fuel costs
  - 17 hours ago 12 Jun 26, 10:42pm -
• newOnly one in four major reservoirs in India half-full as overall storage drops to 28%
  Level in the country’s 166 reservoirs down to 51.917 BCM of the 183.565 BCM capacity as nearly 2/3rds has received deficient rain so far
  - 17 hours ago 12 Jun 26, 10:24pm -
• newMarkets clock biggest two-month gain on US-Iran truce hopes
  The BSE Sensex jumped 1,695.40 points, or 2.30%, to close at 75,527.95, while the Nifty rose 461.30 points, or 1.99%, settling comfortably above the 23,600 mark at 23,622.90
  - 17 hours ago 12 Jun 26, 10:23pm -
• newSpaceX stock jumps to $164, becomes sixth-largest US company by valuation
  The listing attracted strong retail and institutional demand as Elon Musk outlined ambitious plans for orbital data centres and a multiplanetary future.
  - 17 hours ago 12 Jun 26, 10:22pm -
• newIndia retail inflation hits 16-month high of 3.93% in May amid food, energy price rise
  With inflation expected to rise further, markets are anticipating a possible repo rate hike by the Reserve Bank of India later this year
  - 17 hours ago 12 Jun 26, 10:22pm -
• newLetters to the Editor dated June 12, 2026
  - 18 hours ago 12 Jun 26, 9:53pm -
• newLLM collapse: The danger of training LLMs on AI-generated data
  Human-generated content has edge over synthetic content
  - 18 hours ago 12 Jun 26, 9:52pm -
• newChild labour’s long road to zero
  - 18 hours ago 12 Jun 26, 9:43pm -
• newAdvit Jewels IPO to open on June 23, issue size reduced to 1.19 crore shares
  The IPO, which closes on June 25, is a fresh issue with no offer-for-sale component.
  - 18 hours ago 12 Jun 26, 9:42pm -
• newEditorial. Fake glitter
  Rajesh Exports yet again shows up shocking audit lapses
  - 18 hours ago 12 Jun 26, 9:42pm -
• newSC order can spur insurance for homemakers
  The apex court’s landmark judgment has fixed a homemaker’s income at ₹30,000 per month. The financial architecture must now respond
  - 18 hours ago 12 Jun 26, 9:42pm -
• newCentre proposes common broadcasting regulations for TV, radio
  The proposed rules aim to establish a single regulatory framework for these mediums
  - 18 hours ago 12 Jun 26, 9:34pm -
• newIndia protests use of ‘deadly force’ by US on commercial shipping that killed three
  Summons US envoy twice in three days over Gulf of Oman strikes; demands safety for civilian mariners
  - 18 hours ago 12 Jun 26, 9:33pm -
• newIRDAI cautions public on Stareureka Insurance Marketing firm
  The IMF was granted a Certificate of Registration (CoR) by the Insurance regulator to operate as an Insurance Marketing Firm (IMF) for the period from May 18, 2020 to May 17, 2023
  - 18 hours ago 12 Jun 26, 9:33pm -
• newHow to address the agricultural issues due to El Nino in India this year
  Only short-term planning will not work; we need to have a medium as well as a long-term plan looking into climate as a core pillar
  - 18 hours ago 12 Jun 26, 9:32pm -

Moneycontrol

• ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24

  

  In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24
  - 23 Apr 24, 10:36pm -
• Tata Elxsi Q4 net profit, revenue decline QoQ; firm declares dividend of Rs 70 per share

  

  The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23
  - 23 Apr 24, 6:51pm -
• ICICI Pru Life Q4 net profit falls 26% to Rs 174 cr, insurer announces dividend

  

  Net premium income rose to Rs 14,788 crore
  - 23 Apr 24, 6:26pm -
• Cyient DLM#39;s profit after tax in FY24 surges 93%

  

  For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year
  - 23 Apr 24, 5:56pm -
• Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share

  

  Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
  - 23 Apr 24, 4:27pm -
• Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share

  

  Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
  - 23 Apr 24, 4:27pm -
• Hindustan Unilever Q4 Preview: Price cuts, slow demand, regional competition to hurt topline

  

  The hike in royalty payments to parent Unilever are likely to adversely impact HUL#39;s EBITDA margins, say experts
  - 23 Apr 24, 4:05pm -
• LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

  

  A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore
  - 23 Apr 24, 3:51pm -
• LT manufactures hydrotreating reactor for refinery in Mexico

  

  The reactor has been dispatched for Mexico from the company#39;s A M Naik Heavy Engineering Complex at Hazira in Gujarat.
  - 23 Apr 24, 2:47pm -
• Air India enters into codeshare pact with Japan#39;s All Nippon Airways

  

  With the codeshare, effective for travel from May 23, Air India and All Nippon Airways passengers can fly to their desired destination by combining those flights between India and Japan with a single ticket.
  - 23 Apr 24, 2:44pm -
• Razorpay announces #39;UPI Switch#39; in partnership with Airtel Payments Bank

  

  Boosting success rates by 4-5 per cent, the solution is designed to handle up to 10,000 transactions per second (TPS) at any given time, according to a release.
  - 23 Apr 24, 2:42pm -
• Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30

  

  This price increase will result in an increment ranging from Rs 4,000 to Rs 17,000 across the models, the company said in a statement.
  - 23 Apr 24, 2:17pm -
• Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

  

  "The project is the first wind-solar energy project for the company. It will utilize both wind and solar resources by combining 51 MW of wind energy and 34 MW of solar power," Juniper Green Energy said in a statement.
  - 23 Apr 24, 1:40pm -
• Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

  

  "The project is the first wind-solar energy project for the company. It will utilize both wind and solar resources by combining 51 MW of wind energy and 34 MW of solar power," Juniper Green Energy said in a statement.
  - 23 Apr 24, 1:40pm -
• WeWork Global in talks to sell entire 27% stake in WeWork India

  

  Bengaluru-based real estate firm Embassy Group, which holds the remaining 73 per cent stake in WeWork India, might also dilute some shareholdings to raise funds, they added.
  - 23 Apr 24, 1:38pm -

Live Mint - Companies

• newSpaceX IPO winners list: From Elon Musk's $750 billion to Google's $132 billion payday
  SpaceX's market debut has handed Elon Musk a ₹715.58 lakh crore windfall, making him the world's first trillionaire. Here is every major winner from the IPO and what they walked away with in rupees.
  - 7 hours ago 13 Jun 26, 8:56am -
• newNo more Meta layoffs this year! Zuckerberg admits making mistake in AI workforce overhaul
  Mark Zuckerberg has told Meta staff the company will seek new positions for workers reassigned to AI training workflows following May's 10% global layoffs.
  - 8 hours ago 13 Jun 26, 7:34am -
• newAnthropic ‘abruptly’ disables Fable 5, Mythos 5 to comply with US govt directive; says ‘this is a misunderstanding’
  Days after launching its most advanced AI models, Anthropic was ordered by the US government to block all foreign nationals from Fable 5 and Mythos 5. The company says it is a misunderstanding.
  - 9 hours ago 13 Jun 26, 7:04am -
• newParamount wins DOJ approval for Warner Bros. Discovery merger as $7 million daily fee deadline looms
  Paramount beat Netflix for Warner Bros. Discovery, and now has DOJ approval for a $110 billion deal, though California and the EU are still to rule.
  - 10 hours ago 13 Jun 26, 5:50am -
• newOfficials say sprinklers at California medical equipment warehouse didnt work during blaze
  Officials say sprinklers at California medical equipment warehouse didn't work during blaze
  - 12 hours ago 13 Jun 26, 4:05am -
• newAdvent International Is Said Near Close of $26 Billion Fund
  Advent International is nearing the final close of a $26 billion buyout vehicle, raising one of the biggest pools of capital in the private equity industry, according to people familiar with the matter.
  - 16 hours ago 13 Jun 26, 12:03am -
• newNestle India rejects Maggi infestation claims after FSSAI notice, says 'yet to receive complaint sample'
  The consumer goods major stated that its internal reviews and laboratory analyses revealed no signs of infestation in the affected lot or in broader market stock.
  - 17 hours ago 12 Jun 26, 10:36pm -
• newAM Green, V.O.C Port Authority to develop 200ktpa green ammonia bunkering hub
  The bunkering hub may be scaled up to 500ktpa by 2035, worth a total investment of ₹5,000 crore.
  - 18 hours ago 12 Jun 26, 9:36pm -
• newYou can now search property listings through ChatGPT as Housing.com integrates AI
  Housing.com has launched a native property search feature on ChatGPT, enabling users to discover residential listings through natural-language queries. Details here.
  - 20 hours ago 12 Jun 26, 7:43pm -
• newJeff Bezos-backed AI startup Prometheus hits $41 billion valuation after $12 billion funding round; details here
  Prometheus raised $12 billion from a heavyweight syndicate of investors, including JPMorgan Chase, Goldman Sachs Group, BlackRock and Bezos himself.
  - 20 hours ago 12 Jun 26, 7:34pm -
• newMeesho Makes a ₹202-crore bet on India’s kirana ecosystem
  The e-commerce major breaking away from its organic-growth playbook to acquire Singapore-incorporated Kirana Club and unlock a huge network of small-town retailers.
  - 21 hours ago 12 Jun 26, 6:30pm -
• newSingapore court stays order to jail Byju's Founder, lawyer says
  Singapore’s high court has granted a stay on a six-month jail term for the founder of failed Indian technology firm Byju’s, his law firm Lazareff Le Bars said.
  - 23 hours ago 12 Jun 26, 4:42pm -
• BSH targets 2x growth in Siemens appliances as Indians upgrade to premium kitchens
  Siemens, the premium kitchen appliances of German firm BSH Home Appliances Group, is expanding its network of stores and kitchenware dealers as demand surges from smaller Indian cities.
  - 1 day ago 12 Jun 26, 1:42pm -
• Tata Sons board meeting: Chairman N Chandrasekaran not in focus today; what is?
  Major issues which have drawn contention, including extending the tenure of Chairman N Chandrasekaran and the potential listing of Tata Sons, are not on the agenda today.
  - 1 day ago 12 Jun 26, 1:36pm -
• Voice AI startup Equal raises $30 million from Prosus Ventures, Tomales Bay
  Prosus Ventures and Tomales Bay Capital co-led the round as the voice AI startup looks to expand beyond call screening into financial, lifestyle and concierge services.
  - 1 day ago 12 Jun 26, 12:03pm -

• Used-car platform Spinny begins work on IPO, eyes up to $300 million raise
  Used-car platform Spinny has begun preparations for a $250-300 million IPO, seeking to capitalize on rapid growth in India’s organized pre-owned vehicle market.
  - 1 day ago 12 Jun 26, 12:00pm -
• 'Too lazy': Nvidia's Jensen Huang says CEOs use AI as cover story for layoffs that has nothing to do with it
  Nvidia chief executive Jensen Huang has publicly challenged corporate leaders who blame artificial intelligence for job cuts, pointing out that many of those redundancies were announced long before AI became capable enough to justify them.
  - 1 day ago 12 Jun 26, 11:59am -
• Google and Meta are spending $300 million to train blue-collar workers. The AI boom made them do it
  Google has committed $50 million and Meta $250 million to train electricians, welders and construction workers across the US. Behind the spending is a stark reality: without blue-collar labour, the AI boom stalls.
  - 1 day ago 12 Jun 26, 10:54am -
• Why US drug regulator has taken action against drugs imported from Dabur India
  A live bird and bird droppings were found in the raw material warehouse, about ​30 feet from packaging materials.
  - 1 day ago 12 Jun 26, 9:45am -
• Forget coding tests, Anthropic's Claude Code architect says these three traits get you hired
  Boris Cherny, the engineer behind Anthropic's Claude Code, has revealed the three qualities the AI giant actually looks for when hiring — and technical skill is not at the top of the list.
  - 1 day ago 12 Jun 26, 8:42am -
• Elon Musk's net worth is set to cross $1.1 trillion making him the world's first trillionaire after SpaceX's bumper IPO
  Technocrat Elon Musk is set to become the world's first trillionaire as his rocket company SpaceX's bumper listing could propel the richest person's net worth over 1.1 trillion. He holds stake worth $866 billion in SpaceX, which raised a record $75 billion in its IPO on 11 June.
  - 1 day ago 12 Jun 26, 7:58am -
• Google promised never to build AI weapons; then director René Mayrhofer resigned when the tech giant broke that promise
  René Mayrhofer, Google's director for Android platform security, has resigned over the company's decision to supply AI technology to the US military for classified work — and he is not staying quiet about why.
  - 1 day ago 12 Jun 26, 7:57am -
• Elon Musk says Moon can power 1,000x more AI than Earth — Here's SpaceX boss' plan to railgun data centers into space
  Elon Musk told JPMorgan investors that Earth can support just 1 terawatt of AI computing power, while the Moon could deliver 1,000 terawatts or more. Here's why Musk sees the Moon as the future of artificial intelligence infrastructure.
  - 1 day ago 12 Jun 26, 7:13am -
• Elon Musk's SpaceX records blockbuster debut at Wall Street: $75 billion IPO at $135 a share
  The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion.
  - 1 day ago 12 Jun 26, 6:28am -
• Restaurants flag sign-up, pricing control snags at Swiggy's value bet Toing
  Swiggy’s push to scale budget food app Toing is facing resistance from some restaurant partners, who allege they were listed without consent and had menu prices altered without approval. This shows growing tensions over pricing, control and margins in the tightly contested food delivery space.
  - 1 day ago 12 Jun 26, 6:01am -
• SpaceX IPO may burn ‘mom and pop’ investors by offering 30% of $75 bn worth of shares
  Nothing is typical about the SpaceX IPO – and not just its record-breaking $1.75 trillion valuation. Retail investors are being allocated around 30% of the $75 billion of shares on offer.
  - 1 day ago 12 Jun 26, 6:01am -
• JSW Group enters electric bus arena with aggressive bids in 6,230 e-bus tender, expanding its presence in the segment
  Although it did not win any orders, it marked the entry of the steel-to-energy conglomerate in a tightly contested market.
  - 1 day ago 12 Jun 26, 6:00am -
• MetLife keen to acquire majority stake in India life insurance joint venture with PNB
  The US insurer is looking for a way to increase its 49.73% stake in PNB MetLife to gain majority control, aiming to turn India into a core driver of its global business.
  - 1 day ago 12 Jun 26, 6:00am -
• Marriott sees India as key growth engine as business crosses $1.5 billion
  David Marriott says India is on track to become Marriott International's third-largest market globally and is expected to overtake Mexico
  - 1 day ago 12 Jun 26, 6:00am -
• JLR workforce shrinks for first time since pandemic
  JLR's downsizing, which reduced its workforce by 3% to 42,850 employees, came as Tata Consultancy Services also saw its workforce shrink by 3% to 617,437 after it laid off 12,000 employees during FY26.
  - 1 day ago 12 Jun 26, 6:00am -
• Foreign workers say they were paid less than $2 an hour to build a new US Consulate in Milan
  Foreign workers say they were paid less than $2 an hour to build a new US Consulate in Milan
  - 1 day ago 12 Jun 26, 3:57am -
• States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
  SPACEX- IPO/NASDAQ-STATES (CORRECTED, PIX):CORRECTED-States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
  - 2 days ago 12 Jun 26, 12:34am -
• Brooklyn Preschool Director Pleads Guilty to $2.8 Million Theft
  The former director of a private preschool in Brooklyn’s Park Slope neighborhood pleaded guilty to stealing more than $2.75 million in tuition payments that she spent on luxury goods, first-class travel and, most notably, tickets to professional wrestling events.
  - 2 days ago 12 Jun 26, 12:10am -
• After Delhi Aerocity, Prestige plans mega mixed-use project in Bengaluru airport
  The 1.5 million sq ft hospitality-led Prestige Centre project on 14.2 acres of land will be ready by 2030. It will have Marriott Marquis and St. Regis-branded hotels, besides around 350,000 sq ft of office space. Prestige will invest around ₹1,800 crore in the project.
  - 2 days ago 11 Jun 26, 7:43pm -
• 'Tough times don't last': Birla says Vodafone Idea has navigated one of its toughest periods
  Chairman Birla said Vodafone Idea is at an inflexion point as promoters commit ₹4,730 crore and lenders weigh financing plans.
  - 2 days ago 11 Jun 26, 7:14pm -

Live Mint - Opinion

• newThe week that tested strategic partnerships and global power plays
  This week’s headlines: the Iran war crossed the 100-day mark, another round of deal-no-deal drama between Tehran and Washington, Chinese President Xi Jinping's visit to North Korea, and some good news for Indians seeking US H-1B visas.
  - 4 hours ago 13 Jun 26, 12:06pm -
• newIs AI secretly taking notes on me?
  There’s a tug of war between personalization and privacy. You can guess who’s winning.
  - 9 hours ago 13 Jun 26, 7:01am -
• newNani Palkhivala: the expensive lawyer who fought for liberty
  Nani Palkhivala's career touched many of the constitutional crises that mattered in post-independence India.
  - 9 hours ago 13 Jun 26, 7:00am -
• newNani Palkhivala: the expensive lawyer who fought for liberty
  From packed post-Budget speeches at Brabourne to landmark constitutional battles, Nani Palkhivala became the voice of economic freedom and constitutional liberty in modern India.
  - 9 hours ago 13 Jun 26, 7:00am -
• The twists and turns of the Iran war seem to rest on the psychology of Trump and Khamenei
  The US president and Iran’s supreme leader are engaged in a war of minds as much as a physical battle. Between an unpredictable Trump and grief-stricken Khamenei, the Iran war is being driven by a combustible combination of psychological motivations.
  - 1 day ago 12 Jun 26, 2:01pm -
• America’s auto industry would suffer if Trump makes US trade with Mexico and Canada even harder
  The US president’s reluctance to renew the United States-Mexico-Canada agreement is yet another blow to the North American auto industry. Trump’s protectionism is self-defeating, but then who’s going to explain that to America’s tariff-happy leader?
  - 1 day ago 12 Jun 26, 1:00pm -
• We need to talk about age gates—and yes, India’s children do need adult intervention online
  It’s time for India to take a call on the tricky issue of guardrails to protect the very young from the ill-effects of these online platforms. Australia moved first, and now the UK and Canada are set to join it. An age-gate mandate needn’t be a privacy risk.
  - 1 day ago 12 Jun 26, 8:01am -
• Mint Quick Edit | Why Trump, Sheinbaum and Carney should watch the football final together
  Trump seems ready to kick aside the US trade deal with Mexico and Canada. Hope lies in leaders of the three host countries watching this July’s World Cup final together. Here’s what they ought to talk about.
  - 1 day ago 12 Jun 26, 7:00am -
• Small talk, big impact: do India Inc’s executives appreciate the value of casual conversation?
  The ability to make small talk is a valuable skill that many executives seem oblivious to. It helps break barriers between people, aids bonding and can yield insights that can’t be obtained any other way. In other words, it can pay off in spades.
  - 2 days ago 11 Jun 26, 4:00pm -
• Meritocracy myth? America's severely under-represented women in C-suite jobs should raise eyebrows
  The rate of advancement for women's careers in the US seems to have drastically slowed down. This is attributable to a complex mix of adverse forces that is holding women executives back. America Inc’s claims of meritocracy ring hollow.
  - 2 days ago 11 Jun 26, 3:01pm -
• Vijay, Zelensky and Macron: what their political appeal has in common for young voters
  The value of outsiders arises from the fact that they are from outside the political establishment—untainted by existing systems often seen as effete. As youth dominance of electorates grows, expect shake-ups. Think of Vijay’s success in Tamil Nadu.
  - 2 days ago 11 Jun 26, 2:00pm -
• RBI's plan to attract foreign currency: how much of it could FCNR deposits really expect to lure?
  It’s a well formulated scheme. The central bank will cover the exchange risk that banks otherwise bear if they hold NRIs’ dollar deposits, even if their rates are capped while debt yields abroad are high. Could the yen carry trade help?
  - 2 days ago 11 Jun 26, 12:35pm -
• Robust growth is good but India is up against more pressing challenges in need of policy action
  India’s 7.7% real GDP expansion in 2025-26 is largely a result of low inflation, with the effect of weak nominal growth most acutely felt in agriculture, where prices fell and incomes suffered. The government must support people’s livelihoods. It’ll help revive demand.
  - 2 days ago 11 Jun 26, 12:01pm -
• SIPRI’s latest nuclear update should nudge India to spell out its position on nukes loud and clear
  The Stockholm International Peace Research Institute's estimate of our nuclear arsenal offers us an occasion to take the high ground and restate our long-held position on nukes. The world also needs to note South Asia’s outlier dynamics of deterrence.
  - 2 days ago 11 Jun 26, 7:31am -
• Mint Quick Edit | Bite the bullet: India’s fisc can't afford an outsized fertilizer subsidy bill
  This year’s war-driven subsidy overshoot could burn a huge hole in the government's budget. While easing or abandoning price controls may seem difficult, India’s policy status quo looks riskier by the day.
  - 2 days ago 11 Jun 26, 7:00am -

• India's marketers of consumer products should keep a close eye on El Niño for what it can do to farm output
  As rainfall becomes harder to predict, companies that sell fast-moving consumer goods may find that their next crisis springs from fragile agricultural supply chains. Reducing this risk should be a board-level priority.
  - 3 days ago 10 Jun 26, 4:00pm -
• RBI’s rupee challenge should nudge it to tighten monetary policy—even the US Fed may have to
  Last Friday's package announced by RBI may buy the rupee a breather, but it won't fix the core weakness in India's external accounts. On the other hand, attracting foreign inflows would be easier if Indian debt assets begin to yield more.
  - 3 days ago 10 Jun 26, 3:00pm -
• The mental health of students is a development imperative—and we have what's needed to secure it
  The country can leverage its digital public infrastructure and involve trained teachers in a programme designed to safeguard the mental well-being of students. For India to meet its goals, it must help its under-25s fulfil their potential.
  - 3 days ago 10 Jun 26, 2:00pm -
• Let's not overload the Indian school curriculum with causes that are dear to us—it’s heavy enough
  It’s true that children must learn much that’s not part of the regular school syllabus. But India’s education system should focus on doing fewer things well rather than act as champions of various causes, worthy as they may be.
  - 3 days ago 10 Jun 26, 12:30pm -
• Devina Mehra: Musk will wield outsized power over SpaceX while public investors will have little say
  This share issue will leave founder Elon Musk with near total control over SpaceX with very meagre rights for new allottees. Investors won’t be able to rely on the checks and balances of corporate governance that they usually take for granted.
  - 3 days ago 10 Jun 26, 12:00pm -
• SpaceX, OpenAI and Anthropic on giga launch pads: why this IPO season is a test of investor intelligence
  SpaceX, OpenAI and Anthropic are set for public offerings at eye-popping valuations. The AI boom they’re riding is a reminder of past booms and busts—from railways to dotcoms. But this is a different story. And a bigger challenge for rational investors.
  - 3 days ago 10 Jun 26, 7:30am -
• Mint Quick Edit | $100,000 H-1B visa ruling: why a blow for Trump’s MAGA agenda is good for America
  The outsized fee that the Trump administration tried to charge for US work visas didn’t pass a legal test. What does this say about the US labour market and its economy’s future?
  - 3 days ago 10 Jun 26, 7:00am -
• Lawyers who embrace AI have much to gain—but they must use these tools on their own terms
  The value of frontier artificial intelligence (AI) models lies in how well they can be personalized for one’s needs. Companies selling legal AI tools, however, have standardized aids on offer that are far too one-size-fits-all to set one’s law practice apart.
  - 4 days ago 9 Jun 26, 4:00pm -
• Singapore’s top diplomat has been talking about the uses of AI in diplomacy—and its evident limits
  Artificial intelligence has been adopted by diplomats in Singapore, the World Bank and the US. At best, it can analyse situations and help diplomats cope with complexity. But it can't do the job that diplomacy at its finest must do.
  - 4 days ago 9 Jun 26, 3:00pm -
• The multilateral trading system under WTO rules needs our help—here’s what we should do
  The benefits of a fair, rules-based multilateral trade regime are evident in the economic prosperity it helps generate. The perils of protectionism and unilateralism are clear too. As trade principles get cast aside, people must recognize how it harms them.
  - 4 days ago 9 Jun 26, 2:00pm -
• Should Tata Sons go public? The Tata Group's legacy of trust faces a tough test
  The group's insistence on funding philanthropic causes has long distinguished it. But taking Tata Sons public may end up placing shareholder interests above its core values in the priority order. That would be a loss for India.
  - 4 days ago 9 Jun 26, 12:30pm -
• Aligning labour practices in India with international regulations will support Indian exports
  America’s Section 301 proposal of a 12.5% tariff may be a sign of things to come. Globally, the use of labour-related trade barriers is set to rise. Labour audits could help defend Indian exports in such testing times.
  - 4 days ago 9 Jun 26, 12:00pm -
• Balanced diets are a health imperative: India should re-imagine food supply to feed its people better
  India’s latest family health survey, NFHS-6, shows rising adult obesity while a large share of children lack nutrition. As diet-driven health risks rise across the country, it’s time to deploy farm-sector reforms to tackle a key food-supply imbalance.
  - 4 days ago 9 Jun 26, 7:30am -
• Mint Quick Edit | AI stocks led market slides across America, Asia and Europe: what explains investor unease?
  The shares of Samsung, SK Hynix, ASML and others fell sharply on Monday, following jitters in the US late last week. Is this a sign of taut nerves among investors in anticipation of a Fed rate hike—or the start of a global AI rethink?
  - 4 days ago 9 Jun 26, 7:00am -
• Why honesty is the best policy for IT service providers as AI reshapes client relationships
  Preserving relations with clients is important but that also tempts some IT engineers to nod along and stay silent on tech system flaws that imply fragility. Yet, over time, it is the ones who speak up who clients eventually value the most.
  - 5 days ago 8 Jun 26, 4:00pm -
• Solar parking lots are a great idea on paper—but here’s why they cannot help all that much
  The idea of putting such power generation infrastructure in urban spaces is an appealing alternative to using farmland. But it distracts us from the challenge of decarbonizing an economy and the hard trade-offs that come with it.
  - 5 days ago 8 Jun 26, 3:00pm -
• India's golden opportunity: let’s forge a new relationship with gold by recycling it
  It’s time for the country to shift from an import-and-store model to a circulate-and-recycle one. There is plenty of gold lying immobile in the country and various measures can be taken to mobilize it. Here’s what should be done.
  - 5 days ago 8 Jun 26, 2:00pm -
• Wages in India: it's not skills but work locations that determine pay levels in the country
  Recent data from the World Bank shows that variations in pay across the country depend more on factors other than qualifications or skills. For India to meet its development objectives, India must tackle skewed job prospects.
  - 5 days ago 8 Jun 26, 12:30pm -
• Crisis prevention: why India's policy action must go further to boost economic resilience
  In the face of geopolitical pressures worsening the economy’s vulnerabilities, India has taken some measures. But the long-term strategies must accompany short-term stabilization efforts to ride out the latest shock.
  - 5 days ago 8 Jun 26, 12:00pm -
• Policy moves have been made to secure India’s economy on the external front—will they suffice?
  The economy has held up well so far and a package was unveiled on Friday by RBI and the government to attract capital. Yet, policymakers need to stay wary of an adverse global scenario turning out worse than expected. Here are the key risks to track.
  - 5 days ago 8 Jun 26, 7:30am -