Mint Podcast

In this episode of Guru Portfolios, we speak to Mirae Asset Management's Swarup Mohanty to understand how his portfolio has changed in the last year and which are the areas of the market he's bullish on. Mohanty explains why he's going to buy more smallcaps, why he's super big on healthcare and why he thinks India's structural growth story over the next 8-10 years at least is on track - and what are the things to watch after that. He also thinks that India has a lot of opportunities... especially if one goes beyond just the English-speaking part of it. Watch the full episode on YouTube-https://www.youtube.com/watch?v=uXIU0oB8rlI&t=724s

In this episode of 'India for the World Podcast by Mint and BCG,' we explore India's ambitious energy transition goals. Join host Nehal Chaliawala, as he discusses renewable energy, green hydrogen, and storage solutions with Mahesh Kolli, Founder and Group President - Greenko Group, and Vishal Mehta, Leader for Energy Practice - Boston Consulting Group in India. Discover India's vision of becoming a global powerhouse in green energy, the challenges of achieving 500 gigawatts of renewable energy by 2030, and the role of green hydrogen in transforming India's energy market.

In this exclusive interview with Abhishek Singh, Deputy Editor, Livemint, military and aviation expert Tom Cooper reveals how Pakistan’s defences fell short against India. Cooper discusses India’s advanced integrated air defence system, the precision of its strikes on terror camps and Pakistani military targets, and the broader implications of Pakistan’s ballistic missile launches amid rising nuclear tensions. Watch the full interview on YouTube- https://www.youtube.com/watch?v=2BX7VeRI_PE

Under the new tax regime, incomes up to Rs 12 lakh will incur zero income tax starting the current fiscal year.Small businesses and professionals with turnovers up to 72 crore and F24 lakh, respectively, see this as an opportunity to pay zero tax. This can be achieved by opting for presumptive taxation, wherein the tax laws allow businesses or professionals to offer minimal permissible income to tax.But, some experts warn it may not be a blanket benefit available to all businesses and professionals eligible for presumptive taxation schemes.So when is it actually applicable?

Watch the full episode on YouTube-https://www.youtube.com/watch?v=-hGCUT8CXv0

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

1. The Lodha Truce, ₹5,000 Cr Feud Settled
After nine rounds of mediation and a mother’s public plea, warring brothers Abhishek and Abhinandan Lodha have settled their ₹5,000-crore trademark dispute. As per the court-filed terms, Abhinandan can no longer use ‘Lodha’ in isolation for real estate. Instead, he must use the full ‘House of Abhinandan Lodha’ with clear disclaimers. Both parties waived financial claims and agreed to strict separation, including no shared employees or premises. Violations could trigger a ₹1 lakh/day penalty. Legal experts call it a rare, detailed resolution setting a precedent for intra-family brand disputes in India.

2. ITC’s Record Profit Powered by Hotel DemergerITC reported a Q4 consolidated net profit of ₹19,807 crore, largely due to a one-time exceptional gain of ₹15,145 crore from the demerger of its hotel business. Adjusted net profit fell to ₹4,662 crore, down from ₹5,190 crore a year ago. Revenue rose 10% YoY to ₹20,376 crore, led by cigarettes and FMCG. EBITDA grew 3.7%, but margins slipped to 33.5%. A final dividend of ₹7.85 per share was announced, taking the full-year payout to ₹14.35.

3. Sun Pharma Profit Dips, But Margins Expand

Sun Pharmaceutical Industries posted a 19% YoY decline in Q4 profit at ₹2,154 crore, even as revenue rose 8% to ₹12,959 crore. Strong domestic sales and global speciality drugs helped EBITDA grow 22% with margins expanding to 28.7%. US sales declined, but India sales grew 13.6%. The company declared a final dividend of ₹5.50 per share, taking FY25’s total to ₹16. CMD Dilip Shanghvi highlighted promising global pipeline and recent acquisitions to strengthen the speciality segment.

4. Sensex Shake-Up: Trent, BEL In; Nestle, Indus

Ind OutThe BSE Sensex is getting a facelift—Tata-owned Trent and defence PSU Bharat Electronics will replace Nestle India and IndusInd Bank from June 23. The reshuffle reflects shifting investor sentiment toward domestic consumption and defence stocks. Other key changes across indices: Dixon, Coforge, and Indus Towers will enter BSE 100; InterGlobe Aviation and Shriram Finance join the Sensex 50. IDFC First Bank replaces Canara Bank in the BSE Bankex.

5. De Beers Sees India’s Diamond Market Doubling

India’s natural diamond market is set to double in five years, says De Beers Group CEO Al Cook, during his first visit to the country. India has overtaken China to become De Beers’ second-largest market, after the US. De Beers is ramping up marketing spend, opening four new stores, and partnering with major players like Tanishq and GJEPC. While lab-grown diamonds (LGDs) are gaining ground, Cook emphasized their future lies in tech, not jewellery. De Beers has closed its LGD brand Lightbox amid a 90% fall in LGD prices.

In an exclusive conversation with Abhinav Trivedi from MINT, Australian Economist Tim Harcourt talks about US debt ceiling, US Bond market and its role in restricting Trump and his policies. He also talks about How the US Dollar will continue to be the most dominant reserve currency in the world and there are no imminent dangers from the Chinese yuan or any other individual trade currency in the world

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

#dollar #gold #donaldtrump #bond #bondmarket #usbondyield #fedreserve #usdebt #usdebtcrisis #abhinavtrivedi #vietnam #war #ukraine #rusia #china #xijinping #dedollarization

Over the last few weeks, Covid-19 cases have surged in Asia, particularly Hong Kong, Singapore and Thailand. While populations in these countries are witnessing increased hospitalisations, India sees a 'mild' uptick.According to health officials quoted by PTI, India stands at 257 cases and is monitoring the situation with increased vigilance.

Watch the full episode on YouTube-https://www.youtube.com/watch?v=D33hNhKXQXU

#covid19 #covid #covid19news

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

India Seizes Crude Opportunity Amid Geopolitical Tensions

With Brent crude trading at a four-year low near $65 per barrel, India is moving fast to refill its Strategic Petroleum Reserves (SPR). Current reserves cover just 9.5 days—far below the IEA’s 90-day norm. The urgency is amplified by recent border tensions and Operation Sindoor. The Centre, which had deferred a ₹5,000 crore SPR budget in FY24, now plans to reallocate funds in FY26. Two new storage sites at Chandikhol and Padur are in the pipeline. Officials are hoping to mirror 2020’s success, when India bought crude at $19/barrel, saving ₹700 crore. JP Morgan expects Brent to dip further to $58 by 2026—offering a window India won’t want to miss.

NHPC Powers Up Profits, Expands Clean Energy Push

NHPC reported a 52% jump in Q4 net profit to ₹919.63 crore, with operational revenue more than doubling year-on-year. Shareholders get a total FY25 dividend of ₹1.91 per share. The hydropower giant also added 800 MW from the Parbati-II project and 107 MW solar capacity in April, deepening its clean energy portfolio. However, a High Court-mandated ₹589 crore payment to staff dented profits, with ₹301.97 crore booked as unbilled revenue. Despite this, NHPC’s momentum across hydro, solar, and wind cements its leadership in India’s energy transition.

Blackstone Clinches Billion-Dollar Healthtech Deal

In a competitive bidding war, Blackstone secured AGS Health for $1.2–1.3 billion—quadrupling its 2019 value. The Chennai-headquartered RCM (revenue cycle management) firm serves over 150 US healthcare providers and generates over ₹500 crore in EBITDA. The deal, managed by JP Morgan and BofA, reflects growing global investor appetite for tech-driven, dollar-generating health services. It also signals Blackstone’s strong bet on compliance-focused platforms amid rising healthcare digitization.

Trump’s ‘Golden Dome’: Sci-Fi Meets Strategy

Donald Trump has revived Reagan’s Star Wars dream—announcing a $175 billion missile-defense initiative named “Golden Dome.” The system, featuring space-based and ground interceptors, aims to defend against threats across all four missile phases—including launches from space. Trump vows it will be operational by 2029, with Gen. Michael Guetlein leading the charge. Congress has begun with a $25 billion ask. While the tech is still untested, the plan could transform modern defense and reshape global security architecture.

India-EU Trade Talks Enter Final Lap

India has dispatched a delegation to Brussels for the next round of FTA talks with the EU. This follows the 11th round held in Delhi on May 16. The deal covers 23 chapters, including trade in goods and services, IP, sustainability, and dispute resolution. India is hoping for a two-phase closure model, similar to its Australia and US strategies, amid tariff uncertainties under President Trump. The EU seeks steep duty cuts on automobiles, medical devices, and alcohol, while India aims to boost exports in pharma, steel, and textiles. With $137 billion in bilateral trade and strong political backing from both sides, the long-pending FTA may finally be within reach.

EPFO claim rejected? Here are the 5 most common reasons—EPS issues, PF mismatch, KYC errors, ineligible claims, and tech glitches—and how to fix each. Understand the real cause behind rejections.

👉 Check your PF withdrawal ability instantly: https://finright.in/check-pf-withdrawability

Watch the full episode on YouTube-https://www.youtube.com/watch?v=wK7Kl755e1Q

Go behind the scenes of EPFO to understand why the system is often slow and frustrating. This video highlights four key issues—poor infrastructure, staff shortages, rigid system design, and complex processes. Discover why delays happen despite good intentions.

Watch the full episode on YouTube- https://www.youtube.com/watch?v=ogNb8sEBmzw

#mint podcast #epfo