Mint Podcast

In this interview, ace investor Vijay Kedia speaks exclusively to Mint, in which he tells us his main mantras for picking stocks. From how to identify good ones to how to notice red flags, Kedia spills it all in this quick masterclass - watch!#investing #money #finance

Watch the whole episode on YouTube- https://www.youtube.com/watch?v=gnVY2zWkePc&t=5s

It's not just middle class Indians, but even HNIs, or High Net Worth individuals who seem to be struggling to save enough money. As per the "India Wealth Survey 2025" by Marcellus Investment Managers in collaboration with Dun & Bradstreet, 43% of India's HNIs save less than 20% of their post-tax income, indicating a lack of financial discipline and preparedness despite their aspirations for early retirement, entrepreneurship, and financial security for their children.The survey also highlights that 14% of HNIs do not even maintain an emergency fund. Why is this happening, and what is the solution? Watch Marcellus Founder & CIO Saurabh Mukherjea and his colleague, the COO of Marcellus, Manish Hemnani explain!#india #middleclass #rich

Watch the whole episode on YouTube- https://www.youtube.com/watch?v=gnVY2zWkePc&t=5s

Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.

Markets, Modi, Gold & Grief: A Week That Shook India

Markets on Edge

It was a volatile week for Indian equities. With Israel-Iran tensions escalating and Brent crude spiking over 12%, investors dumped risky assets. The Nifty 50 closed down 1.14% at 24,718, while the Sensex slipped 1.30%. Market heavyweights like HDFC Bank, Reliance, and SBI led the decline.

Vinod Nair of Geojit said early optimism from US–China trade talks faded quickly. “Global risk-off sentiment took over. Safe havens like gold and US bonds rallied.”

 5 Big Market Triggers This Week:

1. Israel-Iran conflict – with US and UK now militarily involved.

2. US Fed Meet (June 17–18) – No rate cut expected, but Powell’s tone will matter.

3. Crude Oil Surge – Could reignite inflation, hurt margins.

4. FPI Outflows – ₹4,812 crore pulled out in June so far.

5. Macro Data Watch – WPI, trade numbers, Eurozone CPI, and US jobless claims on radar.

Throw in the G7 summit in Canada and it’s a headline-heavy week ahead.

Air India Crash: A Nation Mourns

A high-level probe begins into the devastating Air India Flight AI-171 crash that killed 270 people, including former Gujarat CM Vijay Rupani. The Boeing 787 crashed just after takeoff from Ahmedabad on June 12. Only one passenger, Vishwashkumar Ramesh, survived.

A committee led by the Union Home Secretary has three months to recommend new aviation safety protocols. The second black box has been recovered, and DNA identification of victims is underway. Authorities praised the swift rescue response, but the nation now waits for answers.

Gold’s Glimmer Grows

Gold is closing in on the ₹1 lakh mark. On June 13, 24K gold hit ₹99,058 per 10g, buoyed by geopolitical fears, a soft dollar, and a weakening rupee.

Experts say don’t sit this out. Naveen Mathur of Anand Rathi recommends gold ETFs via SIPs as a smart hedge. Devang Shah from Axis MF says more upside is possible. Meanwhile, central banks are hoarding gold amid what some call “global de-dollarization”. Gold ETF assets are up 88% year-on-year, now near ₹59,000 crore.

Modi’s Global Pitch: India Means Business

At the India–Cyprus CEO Forum, PM Modi showcased India’s digital and economic might. “Fifty percent of the world’s digital transactions happen through India’s UPI,” he said, adding Cyprus may soon join India’s UPI network.

Fresh off a rare third-term win, Modi underlined India’s path to becoming the world’s third-largest economy, with over $100 billion in annual infrastructure investment.

The new Manufacturing Mission aims to turn India into a hub for electronics, semiconductors, biotech, and green tech. Maritime development, civil aviation, and startups are also key pillars. “Our 100,000+ startups sell solutions, not dreams,” Modi declared.

Savings Shrink, But Capex Soars

India’s gross domestic savings dropped to 30.7% of GDP in FY24, down from 32.2% in FY15. More worryingly, household savings fell to 18.1% of GDP, while household debt surged to 6.2%—almost double in a decade.

But there’s a silver lining: public capital expenditure is booming. FY25 capex hit ₹10.5 trillion, and FY26 is set to hit ₹15.5 trillion, a 17% jump. April alone saw 14.3% of the Centre’s budgeted capex already deployed.

Non-petroleum exports hit $374 billion in FY25, up 6%, led by electronics and pharma. Though FY26 may see a slight dip, rural demand looks solid—thanks to good agri prospects and rising wages. Urban sentiment, however, still lags.

Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.

Israel Hits Iran, Global Tensions Soar

Tehran woke up to airstrikes as Israel launched a surprise assault targeting suspected nuclear and military sites. While exact targets weren’t confirmed, smoke was seen in western Tehran. Defense Minister Israel Katz declared a nationwide emergency and closed schools.

This strike follows the UN nuclear watchdog censuring Iran for the first time in 20 years. Iran retaliated with plans to expand uranium enrichment. President Trump, seen mingling on the White House lawn during the strike, later admitted advising Israel to wait, citing ongoing negotiations. Brent crude prices jumped over 2%, reflecting market fears of a wider conflict.

Markets Bleed: ₹6 Lakh Cr Wiped Out

Thursday was brutal for Indian markets. Sensex tanked 823 points, Nifty lost 253, and midcaps & smallcaps dropped over 1.3%. The total hit to investor wealth? A whopping ₹6 lakh crore.

What triggered it?

1. Middle East tensions
   

2. Confusion over the US-China trade deal
   

3. Global growth fears (World Bank slashed forecasts)
   

4. Rate cut doubts due to tariff turmoil
   

5. Overstretched market valuations
   

Analysts warn of more volatility ahead.

EU Puts India in Steel Trouble

India just got downgraded in the EU’s steel export game. From July 1, Indian steelmakers will compete in a “pooled quota” with countries like China and Vietnam for key product categories. Exceed the 12,500-tonne limit—and a 25% tariff kicks in.

Meanwhile, countries like the UK, South Korea, and Türkiye get exclusive duty-free quotas. With India’s $1.83B worth of steel exports to the EU at stake—and FTA talks nearing the finish line—this move could become a crucial pressure point.

India’s New Eye in the Sky

India is setting up its first satellite constellation to monitor space-based threats. The ₹150 crore-a-year project will track foreign satellites potentially spying on India. It will build on ISRO’s “Netra” program but go further with real-time surveillance.

The mission is being led by Bengaluru-based startup Digantara—marking India’s biggest private space defence contract yet. The system will be operational by 2026, signalling India’s growing focus on space-based national security.

US Cancels Parole, Orders Mass Deportation

In a major immigration policy reversal, the US has begun terminating the legal status of thousands under the CHNV parole program (for Cuba, Haiti, Nicaragua, and Venezuela). Work permits are revoked immediately.

This comes after a Supreme Court decision greenlit the rollback. DHS claims the program lacked vetting and hurt American workers, echoing Trump’s “America First” line. But critics say it punishes law-abiding migrants who followed all protocols.

Industries like construction and healthcare—already stretched—could face staffing crises.

Artificial Intelligence or AI is the current revolution, disrupting industry like never before. On Mint's series with  @salesforce  India, we explore all aspects of how AI is impacting businesses and what it means for the workforce.Watch this episode where Abhishek Singh, Deputy Editor, Mint is joined by Arundhati Bhattacharya, President & CEO, Salesforce South Asia, Ratan Kumar Kesh, Executive Director & Chief Operating Officer, Bandhan Bank and Kripadyuti Sarkar, Group CIO at AmbujaNeotia.#AllAboutAI #ai #artificialintelligence #genai #salesforce #data #jobs #workforceintelligence #agent #autonomous #kolkata
Watch the full episode on YouTube- https://www.youtube.com/watch?v=Mx28mCVtqnE&t=2s

Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.

Red Alert: North India in a Heatwave Grip

North India is reeling under a severe heatwave, with Delhi, Punjab, Haryana, and Rajasthan placed under a red alert. Temperatures are soaring 5°C above normal, with Delhi’s heat index touching 45.5°C and Rajasthan’s Ganganagar hitting a blistering 48°C, the highest in the country.

The India Meteorological Department blames the heat on a lack of thunderstorms and an anti-cyclonic system parked over the region. Relief is expected only after June 14, with light rain and gusty winds likely to bring a 2–4°C dip.

Meanwhile, the south is facing the opposite extreme—Karnataka and coastal Maharashtra are under red alert for heavy rains, and Kerala and Tamil Nadu are bracing for extremely heavy downpours from June 14 to 17.

 India’s Big Nuclear Bet: Small Reactors, Big Goals

India’s nuclear journey just took a strategic leap—with Bharat Small Reactors (BSRs) leading the charge. Heavyweights like Reliance, Adani, Vedanta, Indian Railways, and JSW are onboard, powering a plan to build compact 220-MWe reactors for captive industrial use.

The government’s pitch: private players fund it, NPCIL runs it, and post-commissioning, the plant is handed to NPCIL for ₹1—while the user keeps the power. At least five BSRs are targeted by 2033, as India aims to scale nuclear capacity from 8.78 GW to 100 GW by 2047.

Why now? Rising power needs from AI, crypto, and industrial growth demand low-carbon, stable energy. Nuclear fits the bill—and India is betting big on going small.

Wheat Stays Home: India Stands by Export Ban

Even with a record wheat harvest of 115.4 million tonnes expected this season, India is keeping its wheat export ban in place. In a WTO submission, the government cited food security concerns for itself and neighbouring nations.

Imposed in May 2022, the ban has sharply reduced exports—from 4.7 million tonnes in FY23 to just 2,749 tonnes this fiscal. Only diplomatic and humanitarian shipments have been allowed.

The government says global volatility, inflation risks, and upcoming festivals and state polls demand price stability. Critics argue it disrupts supply chains, especially after the Russia-Ukraine war hurt global grain flows. But for now, India’s wheat isn’t going anywhere.

 Adani’s ₹2.5 Trillion Playbook

“We only do two things—energy and logistics,” says Sagar Adani, and that’s exactly where the Adani Group is putting its money. The conglomerate plans to raise ₹2.5 trillion ($30 billion) over the next five years to fund a $100-billion capex spree.

Even as the group navigates US investigations and controversies, it’s doubling down with ₹1.3–1.7 trillion in annual investments, largely in infrastructure and clean energy.

Adani Green, copper and aluminium expansions, a planned demerger of the airports business by FY28, and a mega cement merger are all part of the game plan.

With low-cost power and transport as their advantage, and 20% of India’s private capex under their belt, the Adanis are clearly not slowing down—they’re powering through.

Meghalaya Honeymoon Horror: How A Local Guide’s Tip Helped Cops To Arrest Sonam Raghuvanshi In UP

Sonam Raghuvanshi, wife of Indore resident Raja Raghuvanshi, who was found murdered in Meghalaya during their honeymoon, has been arrested for allegedly hiring contract killers to orchestrate his murder.Here's how the case unfolded!#sonamraghuvanshi #meghalaya #indore #rajaraghuvanshi Watch the whole episode on YouTube- https://www.youtube.com/watch?v=jXx0y_opVZg

Are mutual funds a real alternative to traditional bank accounts? From instant redemptions to merchant payments, we explore if liquid mutual funds can replace your savings account.

Featuring expert insights from Mint’s Neil Borate and Anil Poste, this explainer breaks down benefits, issues, tax implications, and more.

Watch till the end to decide if this financial shift makes sense for you!#mutualfund #upipayments #banks #onlinepayment #money #investing Watch the full episode on YouTube- https://www.youtube.com/watch?v=o-sYFwftSak

Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.

Gaganyatri Launch Delayed Again

India’s much-anticipated moment in space will take a bit longer. The Axiom-4 (Ax-4) mission—meant to carry the first Indian Gaganyatri to the ISS—has been postponed due to a liquid oxygen (LOx) leak found during Falcon 9’s booster test. SpaceX confirmed the issue via X, while ISRO announced that the launch will only proceed after thorough repairs and validation tests. This is the second delay, following an earlier weather-related rescheduling. No new launch date has been set.

India-US Trade Talks Hit a Roadblock

Trade talks between India and the US are entering a tense final phase. The US is demanding greater access to Indian markets in dairy, agriculture, shrimp, and digital services. But India is pushing back, citing food security and rural livelihoods. With a July 8 deadline looming, paused tariffs could soon return. Dairy remains a key sticking point, with India insisting on vegetarian feed standards for US imports. Despite the friction, Indian officials say a balanced deal is still within reach.

₹5,400 Cr Boost for Battery Storage

India is ramping up its clean energy game with a fresh ₹5,400 crore push for battery energy storage systems (BESS). Announced by Power Minister Manohar Lal, the scheme aims to build 30 GWh of capacity, attracting ₹33,000 crore in investments. It builds on an earlier ₹3,700 crore initiative supporting 13.2 GWh. With peak power demand expected to hit 270 GW this summer, BESS will help stabilize the grid and support the 2070 net zero target. Undersea transmission lines to the UAE and Saudi Arabia are also in the works, with ₹90,000 crore earmarked for the project.

Your AC May Soon Stop at 20°C

The government plans to cap air conditioner temperatures at a minimum of 20°C as part of a national energy-saving initiative. Power Minister Manohar Lal said the new rule would apply to homes, hotels, and even cars. Air conditioners account for about 20% of peak power load. Raising the minimum temperature could save up to 3 GW during peak hours. With 100 million AC units already in use and demand rising, the move could cut ₹7.5 trillion in energy costs by 2035.

RCB Sale Rumors and Parade Tragedy

Just after winning their first IPL title, Royal Challengers Bengaluru (RCB) found themselves in the spotlight again—this time over rumors of a $2 billion sale. Diageo, the team’s owner, denied the speculation in a filing with the BSE. But a deeper crisis unfolded on June 4, when a stampede at RCB’s victory parade in Bengaluru left 11 dead and 56 injured. The tragedy has sparked criticism of event planning and crowd control. Meanwhile, India’s health ministry is pushing to curb alcohol advertising in sports, putting further pressure on Diageo’s branding strategies.

The EPFO will now credit interest on EPF deposits up to the date of settlement, not just month-end. This change, under paragraph 60(2)(b) amendment, ensures members get full interest even on month-end withdrawals—reducing loss and grievances. Claims from the 25th onwards will also now be processed without delay. Watch!#epfo #epf #epfwithdrawal

Watch the full episode on YouTube- https://www.youtube.com/watch?v=mP0uoe6nJbs