Mint Mumbai - March 18, 2025

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March 18, 2025

Bear trap building at IndusInd counter as RBI calms fears

IndusInd Bank's beaten-down shares may be prime for a rebound, for now, as the central bank's weekend assurance revives investor confidence, sparking a scramble for its shares.

2 mins

Sanlam won't go solo as local expertise key

South Africa's Sanlam is not keen on full ownership of its Indian insurance venture as it values the local expertise of its long-time partner Shriram, a top executive said.

3 mins

Rural jobs signal stalling recovery

Demand for work under the central government's rural jobs scheme has seen a steady rise over the past six months, potentially reflecting broader growth challenges facing the Indian economy and underscoring the vulnerabilities of millions of rural households.

2 mins

India May Set Quota for Crude Imports from US

Share of WTI crude oil in the country's import basket likely to go up

3 mins

Trump's new world order tests dollar

President Trump has launched an unprecedented challenge to a geopolitical order that has prevailed for decades. One potential victim: the U.S. dollar.

4 mins

US Tariffs on China May Have an Impact on Indian Chemical Companies

Repercussions of US President Donald Trump's tariffs on China will likely be felt not just on several domestic sectors but also on key export destinations for Indian companies as Chinese firms turn to less-taxing geographies.

2 mins

Crude import price falls to 42-month low

India's average crude oil import price fell to a 42-month low of $71.20 a barrel in the first fortnight of March owing to the Chinese slowdown, international efforts for a ceasefire in the Ukraine war, and US president Donald Trump's resolve to boost American oil output.

1 min

Before Universal Kinship Becomes a Relic of the Past

Together we need to deal with this monster as we did in the aftermath of Partition

3 mins

India, New Zealand begin FTA talks

India and New Zealand on Sunday announced the launch of talks for a Free Trade Agreement (FTA) as part of efforts to deepen economic cooperation amid the threat of a global tariff war sparked by US President Donald Trump.

1 min

India cuts China bulk-drug reliance

Bulk drugs accounted for 63% of the total pharmaceutical imports in the country during FY 2018-19

2 mins

Electric Public Transport Push Faces Hurdles as Sales Decline

With just a fortnight left for FY25 to end, electric bus sales stood about 400 units less on-year

2 mins

Healthcare M&As lead, VC funding slows

Takeover transactions in healthcare sector dominated dealmaking activity during the four-day period ended 13 March, marking the fourth busy week in a row for mergers and acquisitions.

1 min

$1 billion fund leaves creators upbeat, wary

Some say it will help influencers, while others flag concerns over access

3 mins

'I won't be surprised if we start seeing positive FII inflows in March'

Most outflows were driven by hedge funds, not long-term sovereign wealth or pension funds. Aniruddha Sarkar CIO at Quest Investment Advisors

5 mins

IT investors in for a rough ride

This time, it's different?

2 mins

UB Bets on Premium Beer as States Pour a Bitter Tax Brew

While it's eyeing Ultra brands to drive growth, rising taxes threaten to spoil the summer party

2 mins

Healthify aims for profitable India business amid US entry

Healthify plans to consolidate its India business and boost profits, following its April 2024 restructuring

2 mins

Why storytelling, focus, and trust matter in startup brand building

Branding is often an afterthought for startups, yet it can define their long-term success.

2 mins

Why IPL Ads Must Go Back to Move Forward

Memorability matters. It helps people buy, not just in the moment but also in the future

2 mins

The hot and cold of the cola wars

Cola wars were always sexy, but today there are so many categories that have become sexier and entertaining

4 mins

LTIMindtree COO steps down, to lead global AI

Deshpande was in race for CEO; Four senior LTIM execs have left in 2025

2 mins

Russia Overpowers Bold Ukrainian Military Venture in Kursk

Around 11,000 North Koreans Were Deployed to Kursk in December After Training in Russia

4 mins

Inside the Chinese region that has become a no-go for Western companies

Projects are dead and surveillance is omnipresent in Xinjiang, which once lured Western companies such as Volkswagen

6 mins

Houthis Say They Are Ready to Escalate After US Strikes Yemen

Yemen's Houthi movement said on Sunday it was ready to \"meet escalation with escalation\" after US strikes targeting the Iran-aligned group over its threat to resume Red Sea shipping attacks triggered a diplomatic backlash from Moscow and Tehran.

1 min

'From Apr, Apple to mfg airpods in Hyd'

Apple is planning to start production of airpods for exports at the Foxconn plant in Hyderabad from April, people said.

1 min

PepsiCo to expand snacks biz in India

PepsiCo will increase its play in the packed food segment, catering to \"multiple Indias\" with different taste buds as it bets on innovations and premiumization to continue its double-digit growth in the country, its India and South Asia chief executive officer Jagrut Kotecha said.

1 min

Housing demand to continue to grow

Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the Budget and a recent repo rate cut, CREDAI president Boman Irani said.

1 min

ArcelorMittal SA seeks cash rescue

ArcelorMittal South Africa Ltd is seeking a 3.1 billion-rand ($170 million) rescue package to stave off the closure of crucial steel mills in the country, Sunday Times reported.

1 min

INOXGFL Plans To List INOX Clean

INOXGFL Group is planning to list INOX Clean Energy on the domestic stock exchanges in the upcoming financial year and garner ₹5,000 crore from the issue, people said.

1 min

Every noble attempt at peace with Pakistan has failed: Modi

PM talks about India-Pak ties and friendship with Trump to Godhra riots in a podcast

2 mins

Gensol & Blu-Smart: A Tale of Debt and Distress

Gensol's balance sheet has been used to build Blu-Smart's business.

9 mins

Market slump disrupts EM junk debt rally

Global markets have been whipsawed in recent weeks by US tariff shifts and rising recession fears

1 min

Investing in China: the how and why of it

Even as Indian stock markets go through a rough patch, Chinese equities have rebounded after lagging for around a decade.

4 mins

Rupee: Its digital future is relevant, not its origin

A political row over the linguistic heritage of its symbol mustn't distract us from the need to ensure India's currency evolves in optimal response to tech shifts and geo-economic flux

2 mins

We Had More Shame in the 1980s: Remember Bofors?

A book on that scandal takes us back to a time that seems very distant from the era we now inhabit

4 mins

Gig workers in India's mobility sector deserve some GST relief

The rationale of a lower income-tax burden on the middle-class should be extended to this field too

3 mins

Smile... or else: 'Forced joy' is not a replacement for real joy

Starbucks and others are getting customer satisfaction all wrong

3 mins

The US dollar isn't an exorbitant burden: At least not for America

The Trump team's claim that the dollar's attractiveness is an exorbitant burden rather than privilege remains unpersuasive

4 mins

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