SOMETIMES A COMPANY encapsulates its times. Ford and its Model T captured the go-getting mood of the Roaring Twenties. IBM embodied the techno-optimism of the first computer era in the 1970s. General Electric epitomised the cutthroat capitalism of the 1990s. For much of this century the company of the moment has been Apple. The iPhone,…
WITH EVERY day of disruption in the Strait of Hormuz, the economic damage mounts. Iran’s willingness to weaponise a waterway is an attempt to hold the global economy hostage. It also lays bare once more the strategic vulnerabilities at the heart of global trade and reminds us that—in this new era of geoeconomics—we urgently need…
Mumbai: Salaried taxpayers claiming House Rent Allowance (HRA) under the Income-Tax (I-T) Act, face tighter disclosure norms from April 1, 2026, with the introduction of a new declaration format: Form 124 which replaces the earlier Form 12BB and requires additional details to curb misuse.Employees are required to submit this form to their employers for the…
MUMBAI: Finance Minister Nirmala Sitharaman Saturday urged markets regulator Securities & Exchange Board of India to take the lead in implementing the govt-initiated ‘one nation, one KYC’ process.For long, the govt has been working on a unified know your client (KYC) system to eliminate repetition across services regulated by banks, mutual funds, stocks, bonds, insurance…
US President Donald Trump’s second term has seen a striking trend: most major geopolitical moves, trade signals and domestic policy pushes appear to orbit a single strategic axis—oil.What once sounded like campaign rhetoric in the form of “drill, baby, drill” has now evolved into a structured economic doctrine, where energy dominance is not just a…
JOHN TERNUS, named by Apple on April 20th as its new chief executive, is known to share many of the defining characteristics of Tim Cook, the man he is replacing: likeable, unflappable, a company man to the core. But in the midst of what could be one of the biggest technological upheavals in history, that…
MUMBAI: RBL Bank reported a net profit of Rs 230 crore for the quarter ended March 31, 2026, up 234% from Rs 69 crore in the corresponding quarter a year earlier, driven by higher income and lower provisions.Total income rose 7% year-on-year to Rs 2,740 crore, supported by steady growth in both interest and non-interest…
एक्सिस बैंक की ब्याज से कमाई बढ़ी Axis Bank reported a net profit of Rs 7,071 crore for the fourth quarter ended March 31, 2026, marking a marginal year-on-year decline of 0.6% from Rs 7,117 crore, as a jump in standard-asset provisioning as a prudential measure and drop in trading profits offset steady growth in…
New Delhi The round was the first face-to-face meeting since the two countries agreed on a framework for an interim deal on Feb 7. (File Mint photo) India and the US have agreed to “remain engaged” after three days of trade talks in Washington concluded on Wednesday, a commerce ministry statement said — signalling that…
Ahmedabad: Production has resumed across the cluster and most units are expected to be operational by May 10. (CGDIndia website) Morbi’s ceramic industry, which has already recovered to around 290 operational units after a near-shutdown in March, is set to return to full capacity in May with 675–700 units expected to be running as Gujarat…
