Mint New Delhi - December 25, 2024Add to Favorites

Mint New Delhi - December 25, 2024Add to Favorites

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In this issue

December 25, 2024

India reviews $30 billion sulphur-cutting programme for coal plants

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters.

2 mins

Economists discuss jobs, infra funds with PM

Job creation, improving farm productivity, and mobilizing public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union budget.

1 min

India's push for own satellite constellation draws 30 firms

Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a private-public partnership to reduce the country's reliance on foreign data for defence, infrastructure management and other critical mapping needs.

1 min

Singapore leads Hong Kong in race to become crypto hub

Hong Kong's tight curbs on exchanges may have tipped the balance in favour of Singapore

2 mins

Persistent, CoRover.ai partner for GenAI integration

IT services firm Persistent Systems has partnered with artificial intelligence (AI) services provider CoRover to drive innovation in the field of multilingual conversational platforms powered by Generative AI (GenAI).

1 min

Trump's TikTok love raises doubt on ban plan

resident-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the US, though the path forward remains unclear.

1 min

Key indicators show Q3 recovery, says RBI bulletin

Growth trajectory is poised to lift in H2 of 2024-25 driven by resilient domestic private consumption demand

1 min

Rising third-party mix, capex boost outlook for JSW Infra

In recent years, JSW Infrastructure Ltd has succeeded in raising the share of third-party cargo to 48% in H1 FY24 from 25% in FY21.

2 mins

Number of non-farm firms rises 13% to 73 mn: Govt

The number of non-farm firms in the country comprising proprietorships, partnerships and self-help groups increased 12.84% to 73.4 million, the Union statistics ministry said, citing an annual survey of enterprises other than companies for the period October 2023 to September 2024.

1 min

Why IRCTC can't earn a 'buy'

Slowing speed

2 mins

Rupee falls 4p to close at a new low of 85.15 to a dollar

The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities.

1 min

China eyes record debt issuance next year to ramp up stimulus

Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy.

2 mins

Hurt by imports, steelmakers eye safeguard duty

The temporary measure, likely in the last quarter of FY25, will protect domestic firms from cheap imports

2 mins

Poly Medicure to focus on medical devices exports

Indian medical equipment manufacturer Poly Medicure Ltd. will continue to focus on export markets amid rising demand in the United States and as global economies look to diversify their supply chains away from China, a top company official said.

1 min

Prez Biden to rule on Nippon Steel's $15 billion US Steel bid

Letting Nippon Steel take over US Steel may lead to lower domestic steel output, says CFIUS

2 mins

Santa skips D-Street, Dec poised to be second worst in a decade

FROM PAGE 1

2 mins

Airlines see 12% growth in domestic passengers

Indian airlines carried 14.2 million passengers on the domestic routes in November, up nearly 12% compared to a year earlier, amid rising air traffic demand.

1 min

Southern films shine in 2024 led by Malayalam, Tamil hits

South Indian cinema sees 10-15% revenue growth as Hindi films struggle at the box office

2 mins

Xmas fails to cheer up 2024 box office

Theatres are banking on Pushpa 2, and animation flick Mufasa to carry them through the festive period

1 min

Pre-IPO rounds revive late-stage funding

There was an improvement in both the number and average ticket size of Series D stage and above deals in 2024 versus the year before

4 mins

Edtech's focus on profits, new niches sparks renewed investor optimism

Early-stage funding more than tripled to $303.2 million this year, from $100.7 million in 2023

3 mins

Gen AI, data centres march into 2025

The Centre is evaluating a $3 bn R&D plan for India to climb up the value ladder-as opposed to being a usage economy

5 mins

Smartphone makers are embracing digital detox to fight screen addiction

A study by Vivo found parents spend 5.5 hours and children about 4.5 hours on their phones each day

3 mins

The 'invisible wall' amplifying China's population doom loop

China still has more left-behind children than any country in the world, 67 million in 2020, official data shows

5 mins

Bangladesh launches $5 bn graft probe against Sheikh Hasina

An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.

1 min

India to fund 33 development projects in Sri Lanka

India is to provide ₹237.1 crore to Sri Lanka for 33 development projects in education, health and agriculture sectors in the eastern province.

1 min

Guidelines on pesky calls next month

The consumer affairs ministry will release guidelines next month to tackle unsolicited commercial communications or pesky calls, a senior government official said on Tuesday.

1 min

Office space leasing up 14% in top 6 cities

Office space demand remained strong this year with gross leasing of workspace rising 14% to a record 66.4 million sq. ft across six major cities, according to Colliers India.

1 min

Samsung plans to re-enter ACs market

Samsung is planning to launch over a dozen models of inverter ACs for its 2025 lineup.

1 min

Indian IT hiring: '25 promises rebound

Indian information technology (IT) hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future.

1 min

Lokpal calls Buch, Moitra for hearing on corruption charge

Ombudsman is hearing complaints filed on basis of Hindenburg Research report

1 min

'Dreamers' make emergency plans as Trump vows to deport millions

DACA program during his first term, recently expressed a willingness to help this group of immigrants stay. \"We have to do something about the Dreamers because these are people that have been brought here at a very young age,\" the president-elect said on NBC's \"Meet the Press\" this month.

3 mins

Akasa Air fined ₹10 lakh by DGCA

The civil aviation regulator, directorate general of civil aviation (DGCA) on Tuesday imposed a fine of ₹10 lakh on Akasa Air for refusing boarding to seven passengers on a Bengaluru-Pune flight.

1 min

A BONE THIEF IN UKRAINE'S BACKYARD

Ukrainian officials say the Russians continue their efforts to repatriate the remains of Soviet war dead

7 mins

INTERNATIONAL ETFs ARE TRADING AT A PREMIUM: WHAT SHOULD INVESTORS DO?

Most successful investors remain informed, agile, and approach investments strategically

3 mins

AP split leaves state-backed bondholders high and dry

Investors await payments as Andhra and Telangana dispute AP power bonds post-bifurcation

4 mins

Simplifying estate planning: The value of expert guidance

Do I need the help of a professional estate planner? Should I opt for a will or trust? Which is effective?

2 mins

Trump's tariffs will not eliminate the dollar's exorbitant privilege

Exporters to the US may want to shift trade into other currencies but the dollar won't be dethroned

4 mins

We must approach tech transformations with due care

How we deal with technology is getting highly complex. It's the reason we must exercise fine judgement

4 mins

Inflation targeting: It should not constrain Indian manufacturing

Monetary policymakers should analyse the price dynamics of the entire basket of items that make up India's national income

3 mins

Full of sound and fury: What the Bard may say of 2024

From central bank actions to Trump's ideas, there was plenty that inspires a Shakespearean look-back

4 mins

We could expect East Asia to spring some surprises in 2025

China, Hong Kong and Vietnam will be under watch for a reason

3 mins

Read all stories from Mint New Delhi

Mint New Delhi Newspaper Description:

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CategoryNewspaper

LanguageEnglish

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The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.

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