Mint Mumbai - January 06, 2025
Mint Mumbai - January 06, 2025
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January 06, 2025
Central loans for state capex set to get easier
Govt may relax some of the reforms conditions to raise capex, growth
2 mins
Homes for the super-rich now start at ₹100 cr
When you rise to the level of self-actualization, the final stage of Maslow's hierarchy of needs, the world is your oyster. For India's 185 billionaires and some millionaires, it's a dream house costing well over ₹100 crore.
3 mins
SBI steps up heat with large collateral-free study loans
India's largest lender State Bank of India (SBI) has begun offering collateral-free study loans of up to ₹50 lakh for students heading out to top foreign universities, entering an arena dominated by top private lenders.
2 mins
Lens on H-1B, but IT firms use it less now
Donald Trump's impending return to the White House has revived concerns about the fate of H-1B visas, which allow highly skilled non-immigrants to work in the U.S.
2 mins
Manufacturing compliance deadline to be extended for small drug firms
The Centre plans to extend the deadline for complying with good manufacturing practice (GMP), on a par with the World Health Organization (WHO) standards for small pharmaceutical companies with a revenue of ₹250 crore or less by one year till 31 December 2025.
1 min
War, Climate, & AI: World's Three Big Challenges of '25
Trump's win could weaken the effort to tackle the climate change challenge
3 mins
Shipping to get infra status to push Indian shipbuilders
The status would allow shipping entities to secure funds on easier terms with low interest rate
2 mins
EU polls may delay FTA talks
Most recently, the government change in the UK has delayed FTA talks. It's not yet clear when the talks will resume
1 min
Nabard eyes new fund to add climate funding
After Nab Ventures Fund 1, the National Bank for Agriculture and Rural Development (Nabard) now plans a second round focused on ventures that address hurdles created by climate change in the rural financial ecosystem, said Shaji K. V., chairman of Nabard.
1 min
EU to help MSMEs to cope with tech, sustainability reporting
The European Union (EU) has decided to help small Indian businesses cope with its looming tax on carbon-intensive exports by funding decarbonization technologies, two industry figures said.
1 min
PE/VC funding in new year picks up
The first week of 2025 saw startups gradually regain momentum after the New Year celebrations, with fundraising activity rebounding alongside steady mergers and acquisition (M&A) action, including a few high-value deals.
1 min
Accel looks beyond metros
The VC firm will back startups that serve consumers in India's tier-II markets and beyond, after raising $650 mn
1 min
Vadhvan Port a big bet for Afcons
Afcons Infrastructure Ltd stock is finally seeing increased interest from investors after a tepid listing at ₹474 compared to the issue price of ₹463 in November.
2 mins
Why the Concept of IRR Is the Best Kept Secret
Because the lay person cannot calculate IRR, it makes him feel that the lender is fleecing him
4 mins
Weak earnings in near term won't be a negative surprise for markets
This is the time that global investors should utilize to buy into the long-term Indian growth story Nitin Jain CEO, Kotak Mahindra Asset Management (Singapore)
4 mins
Foxconn Q4 Sees Record Revenue on AI Demand
Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
1 min
Nippon takeover block creates uncertainty for US workers
The US govt has sought over the years to protect US Steel and other steelmakers by imposing taxes on imported steel
2 mins
Privacy Law May Trip on Parent Verification
Parents of minors will need to take responsibility for the underage users
2 mins
India Leads Growth in Swiss Watch Imports Worldwide
Experts say this growth reflects mixed consumption patterns, and not just luxury demand
2 mins
Osamu Suzuki, A Leader Who Defied Conventions, Outlived Challenges
In 1982, he signed a JV with the Indian government to create Maruti Udyog Ltd
4 mins
Connected TV Driving Family Content on OTT
Rise in connected TV adoption reshapes streaming, marketing strategies
2 mins
Demystify Mutual Funds with SmarTomorrows
The Indian mutual fund industry is one of the fastest-growing in the world.
2 mins
Nazi Ties to Credit Suisse Deeper Than Was Known, Hidden Files Reveal
The investigators now taking a fresh look found that Credit Suisse withheld crucial information
4 mins
A Weakened Iran Prepares to Face Donald Trump 2.0
From worsening social unrest to its allies' military collapse, Tehran is bracing for what could be a difficult year
7 mins
South Korea's presidential security chief defies Yoon arrest bid
The chief of security for South Korean President Yoon Suk Yeol said on Sunday he could not cooperate with efforts to arrest the impeached leader, in remarks that could push the political crisis towards another high-stakes confrontation.
1 min
Inflation to hit gross margin of FMCG cos
It by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter.
1 min
Govt Likely to Revise Customs Duties on Gold, Other Items
Customs duties are often tweaked in annual budgets with clear objectives
2 mins
Office space supply falls in top 8 cities
India's eight major office markets saw a 6% annual decline in fresh supply of workspaces during 2024, even as the demand hit an all-time high, according to Cushman & Wakefield (C&W).
1 min
Another round of PLI scheme for steel
The government will launch another round of production-linked incentive (PLI) scheme for the steel sector on Monday.
1 min
Nayara set to add a fuel station per day
Nayara Energy, India's largest private fuel retailer, plans to add 400 petrol pumps this year to expand its retail network across various states, the firm said in a statement on Sunday.
1 min
CCI to boost enforcement: Chief
The Competition Commission of India (CCI) will focus on strengthening enforcement, enhancing collaborations and leveraging technology to ensure fair competition in the country, its chief Ravneet Kaur said in a statement.
1 min
FDI in India growing rapidly: Goyal
Foreign Direct Investment (FDI) inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal said.
1 min
OfBusiness plans to invest ₹3k cr in 3 yrs
OfBusiness, a b2b commerce and fintech startup, is looking to invest about ₹3,000 crore into doubling its steel business to more than 4 mtpa in the next three years.
1 min
Tighter anti-spam norms in a month
Telecom Regulatory Authority of India (Trai) will start, this month, a pilot to onboard paper-based and past permissions given by customers for receiving commercial communications onto its digital distributed ledger technology (DLT) platform, a process that in the long-run would include scrubbing and verifying their current validity and offering opt-outs to those keen on it.
1 min
NHAI prepays loan, saves ₹1,200 crore
The National Highways Authority of India (NHAI) has prepaid loans worth ₹56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around ₹1,200 crore, a senior government official said on Sunday.
1 min
Ketan Parekh: Inside SEBI's 30-Month Probe
The investigation claims to have untangled a mesh of people and entities involved in a front-running scam
8 mins
How to Use Home Loan Interest as Acquisition Cost
With the 2023 amendment offering clarity, taxmen must enforce the law in right spirit
2 mins
How this 27-year-old is rebuilding her finances after a French detour
Angane is leveraging dual income streams to repay her loan and regain financial control after health concerns
5 mins
Get public-private partnerships right for target-oriented growth
The UK's new government should engage the private sector with deals that achieve public objectives
3 mins
Longevity Is Usually A Reward For Being Unspectacular
Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields
4 mins
Public debt: Do not let it eclipse the fiscal deficit
The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator
3 mins
Budget: It must aim to engineer India's economic transformation
The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals
3 mins
The 'Asian Aunty' is smashing ageist and gender stereotypes
'Aunty' leaders are tackling a widely normalized form of 'othering'
3 mins
The Digital Data Protection Rules Have Hits and Misses
Some provisions can set a global example for age-gating but others would overburden data fiduciaries
4 mins
Mint Mumbai Newspaper Description:
Editor: HT Digital Streams Ltd.
Categoría: Newspaper
Idioma: English
Frecuencia: 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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