- Japan Is Stepping Up as Asia’s New Powerbroker May 31, 2026The US would have you believe it is showing leadership in Asia. Yet the nation displaying real resolve is Japan.
- Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage May 31, 2026INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.
- German chipmaker Infineon to expand India ops with new R&D and supply chain investments May 31, 2026The semiconductor giant plans to nearly double its local workforce by 2030 to support India's green energy goals through new design partnerships and startup collaborations, senior vice president Vivek Mahajan told Mint.
- Mint Explainer: Why are quick commerce giants betting big on digital wallets? May 31, 2026Swiggy Instamart now lets users top up their wallets to qualify for free delivery, highlighting a broader industry shift where digital payment ecosystems are becoming the primary tool to drive customer retention.
- Lloyds turns to copper to cut iron ore reliance, targets $1.3 billion business over 5 years May 31, 2026The miner's Congo copper assets and Papua New Guinea ambitions are central to a strategy aimed at reducing reliance on a single commodity and geography, with the business expected to generate ₹500-700 crore in Ebitda in FY27.
- India eyes Myanmar rare earths as President Min Aung Hlaing visits May 31, 2026Myanmar President Min Aung Hlaing's visit to India presents a significant opportunity for New Delhi. India aims to secure rare earth minerals from Myanmar, a resource currently dominated by China. Discussions will focus on harnessing these valuable elements. Bilateral trade is also expanding, with potential for increased Indian exports to Myanmar.
- Street vendors earn more, go digital under PM-SVANidhi May 31, 2026The PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reaching over 83%. The scheme provides collateral-free loans, with 1.05 crore loans disbursed. Defaults are low, and many vendors are now accessing loans from other banks, building a permanent credit history. The scheme aims to […]
- India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explained May 31, 2026India's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98.08% of tariff lines, covering 99.38% of export value. This pact significantly boosts Indian exports across various sectors and enhances mobility for professionals, while also making certain Omani products cheaper fo […]
- Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill May 31, 2026The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign supply chains. This initiative aims to curb the country's import bill and bolster supply resilience, with a focus on sectors like electronics and chemical […]
- CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout May 31, 2026Traders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More simplification will bring more businesses into the formal economy. This boosts government revenue and improves the economy. Reducing paperwork benefits trade and consumers. CAIT advocates for trader-friendly administrat […]
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