CATEGORIES

Investors in tech stocks unfazed by bleak growth

Despite weak full-year revenue growth in 2023 for major Indian IT companies, investor confidence remains high, with share prices of some firms significantly outperforming the market.

After a bad year for bonds, investors lose faith in a turnaround

Wall Street investors entered each of the past two years brimming with optimism about U.S. Treasurys and other types of high-quality debt. Each time, they were disappointed.

Stakeboat to buy stake in Botanic Healthcare

Mid-market private equity (PE) firm Stakeboat Capital, which invests in healthcare, life science and manufacturing companies, signed an agreement to acquire a minority stake in a botanical extracts company, two people aware of the development told VCCircle.

Funding slows in closing week of 2024

Overall funding activity in the last week of the year was quieter, slipping to almost one-third of last week's funding value, data collated by VCCircle showed.

Fintechs Turn Favorites for Venture Debt Firms in 2024

Regulatory curbs, uncertainty in the fintech landscape kept venture equity capital at bay

Building AI strategy a challenge: TCS CTO

Vin said TCS is using its R&D expenditure to develop solutions that make AI more palatable to enterprises

Economy in FY25 to grow at 6.5-6.8%, says Deloitte

The economy is likely to grow at 6.5-6.8% this fiscal and slightly higher between 6.7-7.3% in FY26, boosted by domestic consumption, Deloitte said on Sunday.

Night safaris in zoos, backed by global tech expertise, to give rare glimpse

You may no longer need a forest reserve to experience a night safari—zoos might do the trick.

A PM Who Kept His Words Few And Work Eloquent

Loudmouth politicians spent energies trying to prove Singh was weak. He wasn't

CII seeks excise duty cut in fuel, hike in minimum wages

Selling price of petrol and diesel was last revised in March by govt-owned oil marketing cos

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

EVs at airports to cut emissions

Government plans to add EV charging infra to airports

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

UltraTech to Acquire Minority Stake in Star Cement

Leading cement producer UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

India's Textile Exports a Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

Le Sutra to focus on artisanal offerings

Founder Rahul Bajaj said the company is targeting a 25% revenue increase by 2028 as part of its growth strategy

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

A Visionary

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.

THE ARCHETYPICAL INSIDER WHO GUIDED INDIA TOWARDS ITS ECONOMIC POTENTIAL

During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports

Aadhaar: Enabling welfare delivery

In 2009, the Unique Identification Authority of India (UIDAI) was established to issue Aadhaar, a 12-digit unique identification number, to every Indian resident.

STEERING INDIAN ECONOMY: ONE JOURNEY ENDS, ANOTHER CONTINUES

The journey that started in 1991, though interrupted a few times, continues today

A Testament To The Power Of Quiet Conviction

Manmohan Singh stood out as a leader who spoke sparingly but acted decisively

Sardar of reforms: A legacy that is shaping India's future

Former PM Manmohan Singh's legacy lies in his ability to balance economic growth with social equity

US factories seek workers for the nearshoring boom

A furniture retailer is seeking out more North American suppliers to reduce the region's dependence on shipping from other parts of the world.

Q-comm correction on the radar for consumer brands

Industry executives say they may reduce dependence on instant delivery platforms in 2025

It's Been a Non-Stop Year for Indian Hockey

Indian hockey's 2024 was marked by triumph and transition with the men's team winning Olympic bronze and the women's team rebounding from a dismal start

Youngest to oldest, sportspersons defied ageism

Indian sports had a successful year, but it also marked the end of an era and the beginning of a new one

Adding new chapters to the India fashion story

This was the year of too many fashion trends but none shining brightest.