CATEGORIES

Rupee Slips To Nearly 2-Week Low Driven By Dollar Outflows

The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks due to broad weakness in Asian currencies and likely dollar outflows.

Asian Games: Will India showcase Esports prowess?

As India gets ready for the first ever Esports at the Asian Games, Mint charts the rise of the game in the country

RBI's e-rupee could use UPI for areformist leap

While UPI is in the spotlight for good reason, its link-up with India's CBDC is more exciting for what it may soon come to enable in terms of a banking sector rehaul aimed at efficiency

Event management cos, hotels tap temp stafffor G20 events

Hospitality chains as well as event management firms preparing for the G20 events in Delhi have hired temporary workers to address their staffing shortages for the next few days.

Jawan set to bridge North-South divide with pan-India release

Jawan is reaching the theatres only this Thursday, but the Shah Rukh Khan starrer is likely to achieve something that only Southern cinema spectacles have managed so far: Securing a blockbuster opening outside their home regions.

E-fashion set for explosive growth

Digital-first fashion and lifestyle brands are set to grow into a $10 billion industry by FY28, up from the current $2.4 billion, driven by Gen-Z and millennial shoppers rising preference for mid-market online brands , according to a joint report by Bain & Co. and TMRW, a house of brands by the Aditya Birla Group.

India in talks with countries in LatAm, Africa for UPI, RuPay

India is in talks with several South American and African nations for introducing Unified Payment Interface (UPI) and RuPay cards, in its efforts to establish the payment platforms internationally, a senior government official said.

After T+1, Sebi eyes share settlements within just an hour

The Securities and Exchange Board of India (Sebi) is working on accelerating the settlement of shares to one hour from the existing (T+1) settlement window, chairperson Madhabi Puri Buch said on Tuesday.

India navigating a complex G20 maze on road to summit

Summit to focus on G20 expansion, debt relief, reforming multilateral development banks

Vehicle registrations up nearly 9% in Aug

New Delhi: Registrations of automobiles grew 8.6% from a year ago to nearly 1.819 million units in August, data released by the apex automotive dealers’ body, Federation of Automobile Dealers’ Associations (FADA), showed.

After chasing volumes, cement cos hike prices

Higher prices are key to profitability as input prices remain volatile

India offers to manage DPI repository

India has volunteered to man and manage the global repository of all digital public infrastructure (DPI) through an open-source platform, minister of state for electronics and IT Rajeev Chandrasekhar said, adding that there was interest from multilateral institutions, government and non-government organizations to finance the expansion and adoption of DPIs.

Swiss expertise to help make hill highways strong, durable

MoRTH has sought Swiss firms’ advice to design mechanisms to prevent extensive damage

Hero invests ₹550 crore in EV maker Ather’s new round

Domestic auto major Hero MotoCorp Ltd, the country's largest two-wheeler (2W) company, has doubled down on its investment in electric two-wheeler maker Ather Energy.

Captain Fresh raises $20 mn

Captain Fresh, a B2B fish and seafood company, has raised $20 million (around 166 crore) in an extended Series C funding round co-led by SBI Investment and Evolvence Capital.

Unicorn India Ventures marks 1st close of third fund at ₹225 cr

Unicorn India Ventures on Tuesday said it has marked the first close of its third venture capital fund at ₹225 crore (around $27.2 million).

Analysts advise caution as small and midcap stocks sparkle

High networth investor (HNI) and retail inflows into midcap and small cap stocks have helped these constituents steal the thunder from large-caps in the latest market rally from March to date.

Liquid staking: The boom side of crypto

One corner of crypto has shaken off a prolonged digital-asset slump to come within touching distance of an all-time high.

Global steel demand needs revival for domestic prices to rise

Shares of key Indian steel companies such as Tata Steel Ltd, Jindal Steel & Power Ltd, and Steel Authority of India Ltd have scaled new 52-week highs in September, rising by 5-15% in the past one week.

Watch for cracks In services PMI

India’s services sector is on a strong footing even as the momentum cooled off last month, albeit slightly.

Services PMI slows in August

India’s services sector growth slowed down in August after registering a 13-year high in July, a private survey said, still recording one of the best sales performances over the same period at a time of elevated inflationary pressures.

'India is rapidly rising up the priority list for Canadian companies'

India has all the potential that China had a decade ago, former Canadian foreign and defence Minister Perrin Beatty said.

E-way bills hit record 93.4 mn in Aug, signalling festive boost

Electronic permits for goods shipped within and across states shot up to an all-time high of 93.4 million in August, pointing to brisk economic activity which could boost Goods and Service Tax (GST) revenue collections in September.

Global cooperation needed to counter cyber threats: FM

India can lead in making financial ecosystem inclusive, resilient and sustainable: Sitharaman

Share purchases by foreign-owned firms under RBI scanner

Several foreign-owned or controlled companies (FOCCs) are under the Reserve Bank of India’s (RBI) scrutiny for alleged violation of foreign exchange rules, two people privy to the development said.

6 of 8 funds used to invest in Adani shut

Early move would have helped Sebi’s stock-manipulation probe

Al-Driven Diets And The Future Of Our Food Habits

Imagine this scenario for me. You finish a sweaty cardio session at your local gym, and after hitting the showers, you swing by the gym’s smoothie bar for the perfect recovery smoothie made just for you.

Mercedes Benz's First OS To Come Out Of Bengaluru: CTO

India is a key part of Mercedes Benz’s research & development (R&D) network, contributing to not only software development but also to electronics and hardware, said Markus Schäfer, chief technology officer of the German luxury carmaker.

Indian economic prospects may require a more realistic analysis

India's economy is growing fast but the country stares at a welter of worries that'll weigh against Panglossian projections

In-person teaching has value if it's led by values

The bigotry of teachers in recent news has revived a debate over in-person classes versus online modules. As education goes hybrid, expect the premium on human values to go up