CATEGORIES

Mint Mumbai

Exporters for credit scheme extension

The Indian exporting community on Sunday urged finance minister Nirmala Sitharaman to extend the interest equalisation scheme (IES) for getting affordable rates of credit, as their demand was not mentioned in the budget.

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1 min  |
February 03, 2025
Income tax buoyancy aided budget relief: Finance secy
Mint Mumbai

Income tax buoyancy aided budget relief: Finance secy

Finance secretary Tuhin Kanta Pandey said the tax buoyancy will offset impact of the cuts

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2 mins  |
February 03, 2025
Returns Handicap Is Driving Selloff By Foreign Investors
Mint Mumbai

Returns Handicap Is Driving Selloff By Foreign Investors

India is handicapped by about 5% when compared to US returns, by two factors

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3 mins  |
February 03, 2025
Fight against DEI dominates start of Donald Trump's second term
Mint Mumbai

Fight against DEI dominates start of Donald Trump's second term

In the packed agenda President Trump has raced to push through, few things stand out more at the end of his second week than his war on DEI, the diversity programs he eliminated through executive action and blamed for the midair aviation crash that killed 67 people.

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4 mins  |
February 03, 2025
A Productive Morning Starts The Night Before
Mint Mumbai

A Productive Morning Starts The Night Before

Anchit Kapil of Crepdog Crew discusses the mentors he admires

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2 mins  |
February 03, 2025
Mint Mumbai

This budget is remarkable for its fiscal restraint—but not just that

Its revenue and primary deficit targets are impressive while other eye-catchers need monitoring

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3 mins  |
February 03, 2025
Naveen Jindal forges private steel empire overseas
Mint Mumbai

Naveen Jindal forges private steel empire overseas

Naveen Jindal, chairman of India's fourth-largest steelmaker Jindal Steel and Power Ltd (JSPL), is building a private steel empire abroad, one that could match the size of his listed Indian company in future.

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3 mins  |
February 03, 2025
Innovist to raise over $15 mn in Feb
Mint Mumbai

Innovist to raise over $15 mn in Feb

Sauce VC-backed Innovist, which owns hair care brand Bare Anatomy, is in talks to raise over $15 million from new and existing investors in a largely primary round, three people familiar with the matter told Mint.

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1 min  |
February 03, 2025
Should Investors Bet on Agri Stocks After Budget?
Mint Mumbai

Should Investors Bet on Agri Stocks After Budget?

The Union budget spelt out a series of measures to support agriculture and related activities, brightening prospects for companies operating in these sectors.

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1 min  |
February 03, 2025
Tourism: Funding Lags Vision
Mint Mumbai

Tourism: Funding Lags Vision

Budget sends mixed signals to tourism sector, with slashed promotion funds despite new growth ambitions

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2 mins  |
February 03, 2025
The Budget Will Help Drive India's Expansion in Challenging Times
Mint Mumbai

The Budget Will Help Drive India's Expansion in Challenging Times

Its triumvirate of consumption support, increased capex and fiscal prudence lays a path for sustainable economic growth

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4 mins  |
February 03, 2025
Mint Mumbai

Budget 2025 Makes a Realistic and Bold Move to Lift Sagging Demand

The biggest positive of Budget 2025 is the reduction of taxes for the middle class

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3 mins  |
February 03, 2025
Books to put on your airport reading list this month
Mint Mumbai

Books to put on your airport reading list this month

Here are five books, which range from inspirational to practical, that will make long-haul flights seem like a breeze

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2 mins  |
February 03, 2025
UN general assembly chief calls for security council reform
Mint Mumbai

UN general assembly chief calls for security council reform

As the United Nations turns 80 this year, it is imperative for it to be fit for purpose, UN general assembly president Philemon Yang has said, calling on all member states to \"engage actively\" and commit to reform, including of the security council.

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1 min  |
February 03, 2025
Mint Mumbai

Budget 2025: Bold Step to Turn India into Viksit Bharat

MSMEs have the potential to turn India into a manufacturing hub for the world

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3 mins  |
February 03, 2025
Taxpayer facilitation is the new mantra: CBDT chief Ravi Agarwal
Mint Mumbai

Taxpayer facilitation is the new mantra: CBDT chief Ravi Agarwal

A tax buoyancy of 1.47 is a doable figure and the taxpayer response to compliance is encouraging. Ravi Agarwal Chairperson, CBDT

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2 mins  |
February 03, 2025
Mint Mumbai

Avoiding long-term capital gains tax: How to manage equity mutual fund redemptions

To calculate capital gains tax, there is no specific app or portal designed solely for this, but you can easily access your account statement through the mutual fund provider's website or the Registrar and Transfer Agency (such as CAMS or KFintech).

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1 min  |
February 03, 2025
Canada, Mexico Hit Back at US Tariffs, China Vows Action
Mint Mumbai

Canada, Mexico Hit Back at US Tariffs, China Vows Action

Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures, after President Donald Trump followed through on his threats of general levies of 25% and began a trade war that's set to reshape global supply chains.

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2 mins  |
February 03, 2025
Trump's jumbo tariffs: His targets needn't 'chicken out'
Mint Mumbai

Trump's jumbo tariffs: His targets needn't 'chicken out'

Game theory suggests that others can use collusion as a strategy to push the US off its perilous path

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4 mins  |
February 03, 2025
TechM Rolls Out Salary Hikes to Boost Employee Morale
Mint Mumbai

TechM Rolls Out Salary Hikes to Boost Employee Morale

Tech Mahindra Ltd's employees can expect fatter paychecks, as it has started rolling out company-wide salary hikes from January, in a bid by new chief executive Mohit Joshi to boost employee morale.

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2 mins  |
February 03, 2025
Mint Mumbai

Understanding rebate benefits and fine print on capital gains tax

Higher tax rebate under the new regime offers relief, but exclusions on capital gains limit overall benefits

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3 mins  |
February 03, 2025
Mint Mumbai

Earning above ₹12 lakh? Here's how your tax could spike

For the salaried, once you account for the standard deduction, marginal relief applies to salaries of up to ₹13.5 lakh

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2 mins  |
February 03, 2025
Mint Mumbai

VW Sues India Over $1.4 Billion Tax Demand

Volkswagen (VW) has sued Indian authorities to quash an \"impossibly enormous\" tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi's import taxation rules for car parts and will hamper the company's business plans, court papers show.

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1 min  |
February 03, 2025
Mint Mumbai

Nissan Eyes Lineup Expansion in India

India is emerging as one of the major global export hubs for Japanese auto major Nissan, with the company beginning to ship the left-hand drive version of its compact SUV Magnite to new countries, said a senior company official.

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1 min  |
February 03, 2025
New I-T Law to Fix Issues With Interpretation: FM
Mint Mumbai

New I-T Law to Fix Issues With Interpretation: FM

Amended law will remove redundant provisions, and will be easier to navigate

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2 mins  |
February 03, 2025
Duty exemption on open cell parts divides TV makers
Mint Mumbai

Duty exemption on open cell parts divides TV makers

Some manufacturers sees it as a big boost, but others say it will only benefit a few companies

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3 mins  |
February 03, 2025
Mint Mumbai

In Jan, India's power consumption up 3%

India's power consumption increased by just 2.7% to 137.49 billion units (BU) in January as use of heating appliances like heater and geysers reduced owing to above normal temperatures.

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1 min  |
February 03, 2025
New committee under mfg mission
Mint Mumbai

New committee under mfg mission

A committee will be set up under the national manufacturing mission to get into the details on issues like cutting cost of doing business; preparing future-ready workforce; and availability of technology to further promote \"Make in India\" initiative, commerce and industry minister Piyush Goyal has said.

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1 min  |
February 03, 2025
The push to put community at the heart of art
Mint Mumbai

The push to put community at the heart of art

The precarities of our 'he 16th edition of the Sharjah Biennial, themed around \"to carry\", responds to the precarities of our times. Organised by the Sharjah Art Foundation, it is to be held between 6 February and 15 June.

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4 mins  |
February 01, 2025
Mint Mumbai

Biocon Biologics Sees Rising Demand for Insulin

Biocon Biologics Ltd expects a significant rise in demand for its insulin products across geographies in the coming months and years, managing director and chief executive Shreehas Tambe said on Friday.

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1 min  |
February 01, 2025