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Mint Mumbai

Isro earned $427 mn from US, EU space missions in 10 years

The domestic space economy will be targeting a revenue of $44 billion by 2033

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1 min  |
January 01, 2025
Mint Mumbai

Drugmaker Anthem files for IPO

Indian contract drugmaker Anthem Biosciences filed for a ₹33.95 billion ($397 million) initial public offering (IPO), draft papers showed on Tuesday, at the fag end of what has been a red-hot year for companies listing on the stock market.

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1 min  |
January 01, 2025
Mint Mumbai

India's core sector growth at 4-month high of 4.3% in Nov

The rebound in manufacturing may significantly affect industrial production in November; data will be in by Jan

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1 min  |
January 01, 2025
Mint Mumbai

RS panel to review CCI's commitment scheme

The Rajya Sabha's committee on subordinate legislation led by Milind Deora will review a scheme offered by the Competition Commission of India (CCI) in March allowing businesses to avoid anti-trust probes by making commitments to change their conduct, two persons privy to the development said.

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1 min  |
January 01, 2025
Pristyn Care in talks for $100 mn in fresh funding
Mint Mumbai

Pristyn Care in talks for $100 mn in fresh funding

Several PE firms have expressed interest in ramping up allocations to healthcare sub-segments

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1 min  |
January 01, 2025
MGNREGS work demand reaches four-month high in December
Mint Mumbai

MGNREGS work demand reaches four-month high in December

The number of people seeking work every month under MGNREGS has been rising steadily since September

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2 mins  |
January 01, 2025
FY25 fiscal deficit at ₹8.5 tn till Nov, hits 52% of target
Mint Mumbai

FY25 fiscal deficit at ₹8.5 tn till Nov, hits 52% of target

Rising costs and higher spending on subsidies and public sector initiatives fuels deficit

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2 mins  |
January 01, 2025
Delhi May Ban Fuel for Old Vehicles to Curb Air Pollution
Mint Mumbai

Delhi May Ban Fuel for Old Vehicles to Curb Air Pollution

The move comes amid Delhi's annual air quality crisis.

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1 min  |
January 01, 2025
2024 tough year for ad industry but the worst is behind us, says Khemka
Mint Mumbai

2024 tough year for ad industry but the worst is behind us, says Khemka

Despite 2024's challenges, Khemka is optimistic about the year ahead, citing resilience in key sectors

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1 min  |
January 01, 2025
NPCI extends UPI volume cap compliance deadline
Mint Mumbai

NPCI extends UPI volume cap compliance deadline

NPCI had earlier said no app could account for more than 30% of UPI transaction volumes

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2 mins  |
January 01, 2025
Private universities swoop down at IITs for faculty roles
Mint Mumbai

Private universities swoop down at IITs for faculty roles

The Indian Institutes of Technology (IITs) have become fertile grounds for other universities to hire for professor roles to improve their global standings and meet faculty needs as they expand campuses.

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2 mins  |
January 01, 2025
Companies May Up GenAI Spending By Half This Year
Mint Mumbai

Companies May Up GenAI Spending By Half This Year

Companies worldwide are expected to spend 50% more on adopting generative AI (GenAI) technologies in 2025 compared to last year, according to a report from an American technology research and IT advisory firm.

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3 mins  |
January 01, 2025
Mint Mumbai

India's K-shaped story: Will the script change in 2025?

Premium takes off, while mass market crawls. New Year may not be much different either

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5 mins  |
January 01, 2025
Cash heap spurs call for buybacks and dividends
Mint Mumbai

Cash heap spurs call for buybacks and dividends

A bunch of top companies is hanging on to almost ₹1 trillion of free cash that it has yet to find a use for, according to an analysis done by a proxy advisory firm.

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2 mins  |
January 01, 2025
Syria looks to pick up the pieces of its shattered economy
Mint Mumbai

Syria looks to pick up the pieces of its shattered economy

The country of more than 20 million people are understaffed and short on experience, having governed only a single province before finding themselves in charge.

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4 mins  |
December 31, 2024
Crafting Bharat: Deep-tech edition-with Fermbox Bio, at the forefront of precision fermentation
Mint Mumbai

Crafting Bharat: Deep-tech edition-with Fermbox Bio, at the forefront of precision fermentation

India's bioeconomy has witnessed phenomenal growth, surging from US$10 billion in 2014 to over US$130 billion in 2024.

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3 mins  |
December 31, 2024
Advertisement DR MANMOHAN SINGH REFORMS WITH A HUMAN FACE
Mint Mumbai

Advertisement DR MANMOHAN SINGH REFORMS WITH A HUMAN FACE

The Prime Minister walked towards me, his grace and purpose.

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4 mins  |
December 31, 2024
Rajat Verma to take over as DBS Bank India CEO
Mint Mumbai

Rajat Verma to take over as DBS Bank India CEO

Singapore-based DBS Bank has appointed Rajat Verma as the officer of the chief executive officer of DBS Bank India with effect from 1 March, the bank said in a release.

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1 min  |
December 31, 2024
Mint Mumbai

Two aeroplane crashes lead to deadliest year in skies since 2018

Passenger fatalities jump to 318 this year

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2 mins  |
December 31, 2024
Mint Mumbai

Senores Pharma has a strong debut

The shares of Senores Pharmaceuticals Ltd on Monday listed with a premium of over 53% against the issue price of ₹391.

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1 min  |
December 31, 2024
Senores Pharma has a strong debut
Mint Mumbai

Senores Pharma has a strong debut

Securities and Exchange Board of India (Sebi) has cleared proposals of six companies, including Leela Palace parent firm Schloss Bangalore, Ather Energy and Oswal Pumps, to launch their public issues.

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1 min  |
December 31, 2024
15 Awesome Stories You Shouldn't Miss
Mint Mumbai

15 Awesome Stories You Shouldn't Miss

In 2024, we published over 200 Long Stories. Here's our recommended year-end list

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7 mins  |
December 31, 2024
Mint Mumbai

Should NRIs deduct TDS on property sale?

Under India's income tax laws, any individual buying an immovable property (excluding agricultural land) from a resident seller must deduct TDS at 1% of the total consideration if the purchase price or stamp duty value is ₹50 lakh or more. The TDS is calculated on the higher of two values, not just the amount exceeding ₹50 lakh. This applies equally to both resident and non-resident buyers.

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1 min  |
December 31, 2024
Mint Mumbai

2024: The Year of Riddles for Both Markets and Life

Forecasting Nifty returns and box-office results is futile, enjoy the show as it unfolds

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3 mins  |
December 31, 2024
Mint Mumbai

Should You Be Hiring A Consultant To Manage Credit Card Rewards?

From points to travel perks, why credit card consultancies are becoming a must, especially for high-spenders

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5 mins  |
December 31, 2024
Will 2024 events set off a headwind or tailwind?
Mint Mumbai

Will 2024 events set off a headwind or tailwind?

Old theories of social and economic cycles were back in discussion as politics and economics impacted each other over the past year. Expect the implications to begin unfolding in 2025

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2 mins  |
December 31, 2024
The recent deposit shortfall is a wake-up call for banks in India
Mint Mumbai

The recent deposit shortfall is a wake-up call for banks in India

They should treat depositors as business partners if they are to garner enough deposits for lending

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3 mins  |
December 31, 2024
AI cannot replace human instinct in decision-making
Mint Mumbai

AI cannot replace human instinct in decision-making

It can act on data but lacks the situational awareness that guides humans to make good decisions

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3 mins  |
December 31, 2024
Apt spending must win our state-level fiscal tug-of-war
Mint Mumbai

Apt spending must win our state-level fiscal tug-of-war

States must spend more on capital projects that can secure future growth than on freebies and subsidies

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3 mins  |
December 31, 2024
America Inc in 2025: Here are five significant forces to track
Mint Mumbai

America Inc in 2025: Here are five significant forces to track

Change will range from rollbacks of diversity to CEOs' Trump ties

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3 mins  |
December 31, 2024