Mint Mumbai - December 16, 2024
Mint Mumbai - December 16, 2024
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December 16, 2024
Airfares slide on metro routes, rise on smaller ones
Those planning to travel between metro cities this year-end are in for a surprise. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared with December 2023.
1 min
2024 review: India's race against the climate crisis
Year 2024 is set to end as the hottest on record, marking the second consecutive year of unprecedented warming after 2023 claimed the same title.
2 mins
Mahindra closes in on Tata Motors as electric sales falter
Mahindra & Mahindra has surpassed Tata Motors as India's third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company.
2 mins
Weak PSU insurers may get budget aid
Fresh capital of ₹4,000-5,000 cr may help meet solvency rules
3 mins
Hinduja to complete RCap deal by January end
The Hinduja Group expects to complete the ₹9,861 crore acquisition of Reliance Capital by the end of January, nearly a year after the National Company Law Tribunal (NCLT) approved its rescue plan for the bankrupt lender.
2 mins
Jalvahak scheme launched, to boost waterway cargo
The scheme promotes an economical, ecologically sound and efficient way of transportation
2 mins
China tops list of 20 nations in dumping
China topped a list of 20 countries with over 79% of total 43 dumping cases registered by India this year as the Directorate General of Trade Remedies (DGTR) is conducting an investigation into alleged damage to the domestic chemicals, glass, metals, fibres and plastic sectors.
1 min
India-UK FTA talks may resume next yr
India and the UK are expected to restart talks on their proposed free trade agreement (FTA) between April and June, the first quarter of the UK's fiscal year, two people aware of the matter said.
2 mins
India seeks strong rules for fishing subsidies
India has pitched at the World Trade Organization (WTO) for stricter regulations on subsidies granted by countries engaged in high seas fishing, an official said.
1 min
FUNDAMENTALISM PORTENDS TO DRAG BANGLADESH DOWN
Events during the last few months have created doubts about the future of Bangladesh
3 mins
Refining margins of state-run oil marketing companies fall this fiscal
Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts on Russian oil and declining prices in global markets, experts said.
2 mins
'Kalaari has seen over $100 mn in exits this yr'
For 2025, the firm is talking to cos building a better consumer brand
2 mins
Younger investors are driving interest in alternative asset classes
The next generation is focused on achieving the best outcomes for people, portfolios and the planet Umang Papneja CEO, Julius Baer India
3 mins
THE WOES OF A CIO AND THE CHANGED REALITY OF CHINA 'MAAL'
Bertie knew of the pressures on CIOs but did not realize it had gotten this dire
3 mins
Bank of Korea vows to stabilize financial markets
BOK's message comes after South Korea's parliament on Saturday voted to oust Yoon from office
1 min
Microfin stress haunts IndusInd
IndusInd Bank's shares hit a new 52-week low of ₹965.55 on Friday. The stock has now fallen 38% so far in 2024.
2 mins
ADS, ADS EVERYWHERE, BUT NO ONE STOPS TO CARE
Thak gaya hu main bhaagte bhaagte (I am tired of running),\" said Ranbir Kapoor's character Bunny in Yeh Jawani Hai Deewani.
3 mins
Trust and credentials are critical in our sector: Shriram's Venkatraman
Shriram Finance Ltd, one of India's leading financial services firms, recently launched its first major brand campaign featuring cricket legend Rahul Dravid.
2 mins
Hello, 6E: A brand that started a war of words
When Tata Motors objected to InterGlobe using the brand name IndiGo, it failed on the ground that indigo is a colour
3 mins
Brands woo chess world champion Gukesh as mascot
With his global profile on the rise, Gukesh, the youngest world champion, is likely to attract even more brands
1 min
ITC eyes new consumer class
FMCG major expects north and west India to contribute significantly to the growth of branded food products
2 mins
Cost-sensitive viewers savour OTT firms' ad-backed free content
AVOD libraries tend to attract significantly higher viewership compared to SVOD content as they are free
2 mins
NBCC Ltd aims ₹1 tn order book by March
State-owned NBCC Ltd is targeting to reach ₹1 trillion of consolidated order book by March next year from the current ₹84,400 crore as the company looks to expand business across India.
1 min
U.S. prepares AI chip restrictions to close China's backdoor access
Washington plans rules limiting semiconductor shipments to some countries accused of supplying Beijing
4 mins
CEOs want Donald Trump to change course on tariffs. The U.S. president-elect isn't budging.
Companies mount a campaign to soften the president-elect's trade policies, but Trump's team tells consultants he is serious
5 mins
Prices won't stop falling in China, and Beijing is grasping for solutions
Pressure is building on Beijing to take more forceful action to prevent a downward spiral of deflation
5 mins
The hunt for the Assad dynasty's missing billions begins
On the back of its brutal rule, the House of Assad built an international real-estate empire
6 mins
Airfares drop on metro routes, up in non-metro ones
EaseMyTrip data also highlighted a 17% drop in airfare between Delhi and Kolkata, 16% between Bengaluru and Kolkata, and a 12% drop between Delhi and Mumbai, which is the busiest domestic route.
2 mins
Coal imports rise 4% during Apr-Oct
The country's coal import rose by 4.2% to 162.45 million tonnes (MT) in the April-October period of the current financial year compared to 155.87 MT in the year-ago period.
1 min
Boeing's turbulent year leaves investors cautious of stock
The stock is down 35% this year, ranking among the S&P 500's 20 biggest decliners
1 min
Dixon Tech, Vivo to set up electronic manufacturing JV
Electronics contract manufacturer Dixon Technologies and Chinese mobile phone company Vivo will set up a joint venture for manufacturing of electronic devices, including smartphones, a regulatory filing said on Sunday.
1 min
FPIs buy shares worth ₹22,766 cr
Foreign portfolio investors (FPIs) have made a strong comeback to Indian equities with a net investment of ₹22,766 crore in the first two weeks of December, driven by expectations of a rate cut by the US Federal Reserve.
1 min
GNG Electronics' draft IPO papers
NG Electronics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
1 min
Suchi Semicon enters chip market
Gujarat-based Suchi Semicon has started production of semiconductors without the Centre's incentive and plans to invest $100 million in three years, a top official of the company said on Sunday.
1 min
Nissan's India focus to remain intact
Japanese auto major Nissan's plans to turn around its Indian operations remain intact, and it is looking to increase headcount in the country despite the turbulence it is facing globally, according to a senior company official.
1 min
Tata Steel taps NMDC, OMC to secure future iron ore supplies
Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its domestic steel manufacturing capacity.
1 min
Golden Jubilee Hotels sale upheld
The National Company Law Appellate Tribunal (NCLAT) has set aside hospitality major EIH Ltd's petition against an NCLT order approving the sale of Hyderabad-based Golden Jubilee Hotels.
1 min
HOW NASHIK BECAME INDIA'S GRAPE CAPITAL
The district's prodigious farmers ship their produce to every corner of India and the world
8 mins
BOOST TAX SAVINGS WITH THESE DEBT ORIENTED FUNDS
These funds earn returns from futures and spot price differences, and taxed as equity
3 mins
What's the tax implication on gifted share?
I have queries on income tax implications on gifting shares. (A: Self; B: sister-in-law; C: friend). If A gifts equity shares to B, what will be the tax implications for A, B? If A lends shares to B via transfer to B's demat account and gets the shares back after some time, what are the tax implications for both? If A gifts shares to C, when will tax be levied?
2 mins
Your golden dreams got pricier as Europe hikes residency visa costs
From Portugal to Greece, Europe cashes in on rising demand with new rules, higher investment requirements
3 mins
The EPFO must resolve its pension muddle first
It's welcome that the retiral fund plans to enable ATM withdrawals as part of an upgrade, but it urgently needs to relieve its pensioners waiting for a Supreme Court order to be met
2 mins
Gabriel Garcia Marquez in the time of Netflix serials
The literary establishment called his great novel \"magic realism\" and misled us about its real magic
4 mins
Caste salience in Indian society must fall for social capital to rise
Steps to eliminate societal divisions are necessary for Indians to place public interest over personal
3 mins
Root for the complete unknown so that merit works for everyone
Prodigious talent can arise anywhere. We all benefit when society allows the truly talented to be discovered and encouraged
4 mins
Looking to pin blame for a growth slowdown? Try RBI
Investment by the private sector hasn't picked up and that should be in focus rather than rate policy
3 mins
Anger at America Inc's CEOs goes beyond health insurers
The confidence of Americans in businesses has fallen drastically
3 mins
A big reason to keep track of all the little details
Success often hinges on the small things, says iQOO India's Nipun Marya
1 min
Mint Mumbai Newspaper Description:
الناشر: HT Digital Streams Ltd.
فئة: Newspaper
لغة: English
تكرار: Daily
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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