CATEGORIES

Trade finance in local currency up in Asia Pacific
Mint Mumbai

Trade finance in local currency up in Asia Pacific

Given the rate gaps, there is a preference for using yuan or yen as financing currencies, says JPMorgan's Zhang

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2 mins  |
January 02, 2025
Kati Patang to buy, incubate small alcohol biz to expand
Mint Mumbai

Kati Patang to buy, incubate small alcohol biz to expand

Kati Patang has raised ₹25 cr year-to-date and additional ₹10 cr from existing investors from a share-swap deal

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3 mins  |
January 02, 2025
Mint Mumbai

Alibaba to Sell Sun Art Retail to DCP Cap for $1.6 Billion

Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

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1 min  |
January 02, 2025
The Visas Dividing MAGA World Help Power the U.S. Tech Industry
Mint Mumbai

The Visas Dividing MAGA World Help Power the U.S. Tech Industry

Behind the uproar over the H-1B visa is a simple fact: America's tech industry is hooked on imported labor.

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2 mins  |
January 02, 2025
Mswipe Eyes International Market for Higher Margins
Mint Mumbai

Mswipe Eyes International Market for Higher Margins

The payments fintech will enter Malaysia, Nepal, the UK and other markets to boost its biz

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3 mins  |
January 02, 2025
Mint Mumbai

Judicial efficiency: Case clearance outstrips backlog for the first time

In a first across Indian courts, the number of cases disposed of in a year is higher than the number of cases pending, according to data from the National Judicial Data Grid (NJDG).

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2 mins  |
January 02, 2025
India's petroleum exports dip in Nov
Mint Mumbai

India's petroleum exports dip in Nov

During the April-to-November period, petroleum product exports amounted to $44.61 billion

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2 mins  |
January 02, 2025
Mint Mumbai

Commercial LPG, ATF prices lowered

ATF prices were cut on Wednesday after they were increased for two consecutive months

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1 min  |
January 02, 2025
Meteorological dept says 2024 was India's hottest yr since 1901
Mint Mumbai

Meteorological dept says 2024 was India's hottest yr since 1901

The year 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degrees Celsius above the long-period average, the IMD said on Wednesday.

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1 min  |
January 02, 2025
Remote work is tanking home prices in the heart of London
Mint Mumbai

Remote work is tanking home prices in the heart of London

When he was running his own hedge fund, Peter Brewer's working life was grueling. He was usually at his desk by 6 a.m., and worked up to 100 hours a week. Commuting long hours, from his home some 30 miles south of central London to the British capital's historic financial district, felt like an unnecessary extra burden. So in 2014, Brewer, who was recently divorced and with a new partner, decided to buy a six-bedroom split-level penthouse apartment a six-minute walk from work.

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6 mins  |
January 02, 2025
Govt clears ₹69,515 cr crop insurance outlay
Mint Mumbai

Govt clears ₹69,515 cr crop insurance outlay

The cabinet promised to keep prices of DAP stable at ₹1,350 per 50kg bag

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2 mins  |
January 02, 2025
Mint Mumbai

Rupee fall exacts a quiet toll on FPIs' India investments

The steady slide of the rupee against the dollar has significantly hit the dollar returns of foreign portfolio investors (FPIs) in India, despite the local currency being among global currencies least affected by a stronger greenback.

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2 mins  |
January 02, 2025
Slow sales cloud $500-bn goal for local electronics
Mint Mumbai

Slow sales cloud $500-bn goal for local electronics

India's cooling consumer electronics market has put a question mark on its lofty aim to achieve annual revenue of $500 billion from electronics manufacturing.

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4 mins  |
January 02, 2025
India Inc.'s QIP parade to stretch out into new year
Mint Mumbai

India Inc.'s QIP parade to stretch out into new year

Taste for stocks, easing liquidity to help companies shore up more from market

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4 mins  |
January 02, 2025
NFRA inches ahead of ICAI on regulatory turf
Mint Mumbai

NFRA inches ahead of ICAI on regulatory turf

The National Financial Reporting Authority (NFRA) has secured an edge over the Institute of Chartered Accountants of India (ICAI) in regulating the audit and accounting profession, with the Solicitor General of India backing the former's powers in some respects.

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3 mins  |
January 02, 2025
Intel's Grim Lesson for Boeing: Sometimes Mr. Fix-It Is Too Late
Mint Mumbai

Intel's Grim Lesson for Boeing: Sometimes Mr. Fix-It Is Too Late

One day, fickle investors are applauding business-school alumni for paying big dividends and slashing costs. The next, they're demanding that engineers take over to make up for lost innovation.

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3 mins  |
January 01, 2025
Crypto Has an Ally in the White House. What's Ahead for Digital Currencies in 2025
Mint Mumbai

Crypto Has an Ally in the White House. What's Ahead for Digital Currencies in 2025

Crypto die-hards are anticipating a golden age for digital assets under President-elect Donald Trump.

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3 mins  |
January 01, 2025
Beijing Pushes to Use China-Made Chips in Its Electric Vehicles
Mint Mumbai

Beijing Pushes to Use China-Made Chips in Its Electric Vehicles

Not long ago, almost all the chips in Chinese cars relied on manufacturing by foreign firms

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4 mins  |
January 01, 2025
The uphill battle against poverty
Mint Mumbai

The uphill battle against poverty

As we look ahead to 2025, the international community's aspiration to end poverty warrants closer attention.

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6 mins  |
January 01, 2025
A Triple Fiscal Crisis Periling Climate Action
Mint Mumbai

A Triple Fiscal Crisis Periling Climate Action

Many developing economies are facing unsustainable debt, with 41.5% of budget revenues spent on debt service. The debt crisis is compounded by climate change and environmental degradation. Climate-related disasters and deforestation are undermining economic development and contributing to the 'climate debt' and 'nature debt'.

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4 mins  |
January 01, 2025
When Russia fights the wrong enemy
Mint Mumbai

When Russia fights the wrong enemy

Like Czar Nicholas II, Russian President Vladimir Putin has misidentified his primary foe.

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3 mins  |
January 01, 2025
Culture, memory and ravages of war
Mint Mumbai

Culture, memory and ravages of war

The ravages of war are never confined to the battlefield.

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4 mins  |
January 01, 2025
Will Stability Rise From Middle East Rubble?
Mint Mumbai

Will Stability Rise From Middle East Rubble?

Given the conflicts in Gaza and Lebanon, and the direct military exchanges between Israel and Iran, it seems hard to imagine any promising prospect for the Middle East in the coming year.

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7 mins  |
January 01, 2025
China's Economy Has Not Peaked
Mint Mumbai

China's Economy Has Not Peaked

What happens to the world economy and global geopolitics in 2025 will depend significantly on China, the world's largest exporter and second-largest consumer market.

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3 mins  |
January 01, 2025
Asean's second renaissance is now
Mint Mumbai

Asean's second renaissance is now

Next year heralds a pivotal chapter for the Association of Southeast Asian Nations (Asean), with Malaysia assuming the chair.

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3 mins  |
January 01, 2025
Will the Guardrails of US Democracy Hold?
Mint Mumbai

Will the Guardrails of US Democracy Hold?

America's democratic institutions withstood, if only barely, Donald Trump's first presidency, but will they do so again?

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4 mins  |
January 01, 2025
An economic requiem for the Biden administration
Mint Mumbai

An economic requiem for the Biden administration

The New York Times famously prepares obituaries for notable individuals well in advance of their death.

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5 mins  |
January 01, 2025
Will the second Trump boom go bust?
Mint Mumbai

Will the second Trump boom go bust?

What could Donald Trump's victory in the US presidential election mean for the American and global economies?

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5 mins  |
January 01, 2025
We need energy for AI, and AI for energy
Mint Mumbai

We need energy for AI, and AI for energy

In 1903, Mark Twain wrote that \"It takes a thousand men to invent a telegraph, or a steam engine, or a phonograph, or a photograph, or a telephone or any other important thing.\"

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5 mins  |
January 01, 2025
AI has not yet destroyed democracy
Mint Mumbai

AI has not yet destroyed democracy

With almost half the world's population going to the polls, 2024 was dubbed a super election year, leading many experts to warn of a coming flood of political disinformation.

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3 mins  |
January 01, 2025