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Banks up tech hiring with RBI pushing for enhanced risk management

In response to the RBI’s increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt…

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Domestic banks and NBFCs increase exposure to Adani Group to 36% of total debt

Domestic banks and non-banking financial companies raised their exposure to the Adani Group to 36% of its total debt by March 2024, lending ₹88,100 crore. The group’s debt increased due to capital expenditures in airports and green energy. However, a…

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India’s Tax System Crisis: Addressing Accountability and Efficiency Failures

Sandeep Bhalla, Partner at Dhruva Advisors, highlights the challenges facing India’s tax administration: declining accountability, rising disputes, and the need for reforms to restore fairness and efficiency.

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Cognizant sues software rival Infosys over trade secrets

As per reports, Cognizant said in the lawsuit that Infosys illegally extracted data from its databases and used the same to build a competing software. Comments sought from Cognizant didn’t come till the press time, even as an Infosys spokesperson…

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Q1 growth seen in slow motion on manufacturing slump, lower government spending amid polls

India’s growth in Q1 FY25 slowed to a median 6.85%, impacted by lower urban consumption, weakened manufacturing, and reduced government spending during elections. Economists anticipate recovery in subsequent quarters despite an uneven monsoon and tepid commodity gains. The government will…

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Nexus Select Malls cuts 60% of power costs with renewable sources; hypermarkets losing appeal, says CFO

Rajesh Deo says gourmet stores are thriving because of the unique experiences they offer.

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News

  • The thali that never changes

    Nearly a century ago, experts were serving up the same buffet of market explanations. Nothing has changed.

  • Dividend-yield funds have beaten flexi caps over the past decade. Should you invest in them?

    Even though these defensive funds typically lag during aggressive bull runs, they have beaten flexi-cap funds, an investor favourite, over the past three, five, and 10 years. Tempted to dive in headlong? Read this first.

  • PPF, SSY, other small savings schemes are not only about tax saving - Here's what you are missing

    Small savings schemes like PPF, SSY, and NSC are relevant even for the taxpayers who have opted for the new tax regime. These schemes are being changed and recast as tools for long-term, tax-resistant, purposeful saving. They are not out of date; their role in Indian household finance is changing.

  • Account aggregator 2.0: The inflection point India has been waiting for

    The Account Aggregator framework, introduced by RBI, enables secure, consent-based sharing of financial data. It allows individuals to control their data while facilitating faster credit decisions and reducing reliance on manual document uploads, thus enhancing the financial ecosystem in India.

  • What is property tax? From how to calculate to penalty on late payments — all you need to know

    Property tax, imposed by municipal authorities on real estate, varies by location and property value. From how to calculate to penalty on late payments — full details here.

  • What is professional tax and who needs to pay it? Is it part of your CTC? All you need to know

    While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their professions in states where this tax is levied. Here is everything you need to know.

  • Owning India’s real estate one square foot at a time with ease: Alt DRX's Avinash Rao

    You can sit where you are right now, use that mobile phone, and own a square foot anywhere in the country, said Avinash Rao, founder of Alt DRX, a blockchain-powered digital real estate marketplace

  • Indians want global assets. See how to invest abroad despite limits.

    Viram Shah, co-founder and CEO, Vested Finance, and Vaibhav Shah, head of products, business strategy and international business, Mirae Asset Investment Managers (India), share how you can invest abroad at Mint Money Festival 2026.

  • Why mutual funds are emerging as the default investment choice

    At Mint Money Festival in Mumbai, top mutual fund CEOs explain why India’s MF boom reflects a structural savings shift—and why asset allocation and discipline matter more than chasing returns.

  • Are Reits the right way to own top commercial real estate?

    Pratik Dantara, EPC member of the Indian REITs Association and chief investor relations officer and head of strategy at Nexus Select Trust, weighed in on the question at the Mint Money Festival.

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