Mint Mumbai - December 27, 2024
Mint Mumbai - December 27, 2024
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In dieser Angelegenheit
December 27, 2024
JSW gets a copper lining to metals biz
The Sajjan Jindal-led JSW Group has added copper to its metals business, marking its entry into the non-ferrous metals industry and opening up doors to a vast range of consumer applications, including electronics, telecommunications and healthcare.
2 mins
India's reforms trailblazer Manmohan Singh no more
As economist, finance minister and PM, Singh set the long-term direction for India
2 mins
RBI flags unsecured loan exposure caps, private credit links
India's banks and non-bank lenders are set to witness a slew of regulatory and supervisory changes in the year ahead, as the central bank pushes ahead with its recent measures to strengthen the banking system.
2 mins
Microsoft is forcing its AI assistant on people-and making them pay
Microsoft is trying a new approach to excitement for its artificial intelligence assistant Copilot: Give it to customers whether they want it or not.
3 mins
IITs go extra mile for placements
Every year, dozens of engineering wiz kids are snapped up at eye-popping salaries from the Indian Institutes of Technology (IIT). But for those left behind after the top recruiters have left, the struggle is real.
3 mins
CLIMATE CHANGE AND THE NEW GREEN ECONOMY: BIG QUESTIONS FOR $25
India must navigate China's monopoly in the global supply chain of green goods
4 mins
Govt weighs income tax cuts to give relief to the middle class
India is considering cutting income tax for individuals making up to ₹15 lakh ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government officials said.
1 min
Signs of growth rebound ahead: Economic review
India's GDP is expected to grow at 6.5% in 2024-25 despite a slowdown in investment growth due to reduced public expenditure, private sector caution, global uncertainties, and concerns over excess capacity and dumping, the Union finance ministry said in its November economic review released on Thursday.
1 min
Govt's agri-preneur scheme receives lukewarm response
Only 35 ventures have been established under the ACABC scheme in the current fiscal year
2 mins
Alibaba, E-Mart Plan $4 Billion JV in Korea
Alibaba Group Holding Ltd. agreed to merge its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online retail sector.
1 min
Jubilant Foods in pact with Coca-Cola
Food services company Jubilant FoodWorks Ltd (JFL), which operates Domino's and Popeye's chains of restaurants in India and neighbouring markets, said on Thursday it has signed a memorandum of understanding (MoU) with The Coca-Cola Company to procure sparkling beverages from the soft drink major's bottlers.
1 min
AI, advanced robotics to transform highway building
The plan aims to speed up construction, reduce waste and improve ride quality, durability
2 mins
KKR to lead Leap India's 535 crore funding
Leap India Pvt. Ltd, a storage and supply chain services provider that is majority-owned by private equity firm KKR, is raising ₹535 crore (around $62.7 million) in its latest funding round led by KKR, along with participation from Sixth Sense, First Bridge India, Madhurima International and Niveshaay Sambhav Fund, as well as a few angel investors.
1 min
OPPO India Celebrates Tenth Anniversary with the Launch of Find X8 Series
OPPO India, a leading smartphone brand in the country, celebrated its tenth anniversary this year.
2 mins
Rupee plunges 12p to end at new low of 85.27 to dollar
The rupee weakened on a strong dollar and rising US treasury yields that are at the highest levels in seven months
2 mins
RBI Committee to Study Global Regulations on AI, Identify Risks
The eight-member panel will be chaired by Pushpak Bhattacharyya, professor from IIT Bombay
2 mins
Indian oil demand growth to top China's in 2024: S&P
India is poised to close 2024 with a higher oil demand growth than China, underscoring its emergence as a key consumption hub in Asia, according to a report by S&P Global Commodity Insights.
2 mins
KFin more than a proxy MF play
Shares of KFin Technologies Ltd hit a new lifetime high of ₹1,620 apiece on Thursday, marking a meteoric rise from its lacklustre debut in December 2022 at ₹364, slightly below its public issue price of ₹366.
2 mins
Miners, steel firms in limbo on tax uncertainty, weak prices
Mining and steel companies are caught between a rock and a hard place. A lingering concern is that the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill 2024—which proposes to impose tax retrospectively from 2005 at rates up to 3x the existing royalty rate—could significantly erode profitability.
1 min
Japan's SMFG puts $350 million into Indian NBFC arm
Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue.
1 min
New India Manufacturing Era Beckons
With the global supply chains continuing to shift in India's favour as the world's largest businesses strike a new balance between resilience and efficiency, manufacturing has the potential to transform the economy, Tata Sons chairman N Chandrasekaran said.
1 min
Medtech firms bet on exports
Local medical devices manufacturers look beyond borders to capitalize on the rising demand in global markets
4 mins
Niche US films eye premium pricing
Footfalls are driven by content and the overall cinematic experience and not ticket prices alone, say experts
1 min
HC Halts Religare AGM, Blocks Burman Offer
The order follows a PIL aimed at protecting the interests of Religare's minority shareholders
1 min
Bank Cyberattacks Surge as Jan Security Deadline Nears
Banking institutions saw an average of 2,525 cyberattacks in the six months leading to Dec
3 mins
Trump's Tariff Plan to Hit Affordable Cars the Hardest
U.S. car industry has a 'big case of anxiety' about president-elect's proposed 25% tariff on Mexico, Canada imports
4 mins
BYD Slams Reports of Poor Conditions at Brazil Factory Site
Earlier in the week, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals at the site
1 min
FMCG cos brace for uncertain times, bet on premium craving
Companies are also adapting to changing channel dynamics, as competition in quick commerce intensifies
4 mins
From Igloos to Pvt Islands: How India's Wealthiest Explored the World in 2024
Lapland, a region in northern Europe, was among the top destinations for India's elite this year
4 mins
India Must Envision and Develop Ambitious New Tourism Projects
Destination management can be enhanced by deploying technology
3 mins
Re-releases save the day as Bollywood absent from theatres in 2024
Bollywood couldn't have been more conspicuous by its absence in movie theatres this year, with nearly the full April-June quarter going by without any big releases.
4 mins
OTTs Focus on Ad Model as a New Dominant Player Emerges
The party for content creators and writers may be over as commissioning of new original shows slows
3 mins
It was a bad year for the world's autocrats
In Syria, rebels raced to Damascus, ending Bashar al-Assad's 24-year-old dictatorship, which few in the outside world thought was in danger of collapse.
4 mins
Korea opposition moves to impeach acting president
The attempt to impeach Han comes as South Korea is still reeling from Yoon's martial law decree
2 mins
Israelis See Chance to Remake Middle East in War's Wake
Despite criticism over conduct of Gaza war, some see new diplomatic opportunities
4 mins
Trade, service sector leaders meet FM, plead for tax cuts
The discussions come at a time when the economy is grappling with slowing growth
1 min
Haier to cross $1 bn in revenue in 2024
Haier Appliances India is set to cross the milestone of having a billion dollar revenue in 2024, helped by strong summers, festive season and ongoing trend of premiumization, and expects ₹11,500 crore revenue in 2025, its president NS Satish said on Thursday.
1 min
China Plans World's Largest Dam in Tibet
China has approved the construction of what will be the world's largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau that could affect millions downstream in India and Bangladesh.
1 min
Top 7 cities' housing sales fall 4% in 2024
Housing sales are estimated to fall 4% this year in seven major cities to nearly 460,000 units on lower launches, while sales in value terms are up 16% to ₹5.68 lakh crore, according to Anarock.
1 min
CCPA Fines 3 UPSC Coaching Centres
The Central Consumer Protection Authority (CCPA) has imposed penalties totalling ₹15 lakh on three coaching institutes for making misleading advertisements about their success rates in civil services examinations, the government said on Thursday.
1 min
Women voters outnumber men again in Lok Sabha polls: EC
As many as 646.4 million voters exercised their franchise in the Lok Sabha polls held earlier this year with women voters outnumbering men, according to statistical data released by the Election Commission (EC) on Thursday.
1 min
Russia Rejects US' Truce Call in Ukraine
Russia rebuffed incoming US President Donald Trump's call for an immediate ceasefire in Ukraine, while saying it's ready to hold negotiations on a long-lasting peace agreement to end the war.
1 min
SIMHAVALOKANA 2024: WHAT MR. MARKET TAUGHT
Step into the shoes of an investor to understand the thrills (and surprises) a roaring bull market churns out
8 mins
CFA or CFP: What's right for your financial career goal?
CFA focuses on financial analysis and management of investments; CFP specializes in personal finance, wealth planning
3 mins
Hospital room rent caps: How dual policies can affect claims?
My corporate insurance policy includes a room rent cap for hospital stays, while my individual insurance policy does not. Will staying in a higher-category room affect my claim? —Name withheld on request
2 mins
Bridging the Insurance Gap for India's Self-Employed with Tech Solutions
Self-employed people struggle to access term insurance and other financial protections
2 mins
Let rupee-backed stablecoins complement RBI's CBDC
The past decade has witnessed the astronomical rise of crypto assets around the world.
3 mins
A Manufacturing Sector Revival Is a Must to Uplift Our Economy
India requires structural changes that go beyond cosmetic policy tweaks to address the real issues
3 mins
Watch 'Industry': Delve into imaginary trading
This serial does what the film 'Wall Street' did. It reveals how grubby investment banking can be. But it also shows the power of money to bury hatchets and forge unlikely alliances
2 mins
How will US federal workers react to the wrath of DOGE?
They face hard choices. The US should heed past advice on reforms
3 mins
Medium-to-long term priorities that the budget should address
Let's promote job generation in labour-intensive sectors, augment fresh-water supply and invest in cutting-edge technologies
3 mins
Spare a thought for over-stressed Indian bureaucrats
The life of an Indian bureaucrat is a paradox of power and vulnerability.
3 mins
Do fashion collabs give both brands an edge?
As international luxury brands look to connect with Indian buyers, collaborations with Indian designers have increased
3 mins
Purists Don't Want Bakers to 'Mess' With the Mince Pie
Some Brits believe jazzing up the festive treat, made of dried fruit and pastry, takes away its nostalgic value
2 mins
Mint Mumbai Newspaper Description:
Verlag: HT Digital Streams Ltd.
Kategorie: Newspaper
Sprache: English
Häufigkeit: 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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