CATEGORIES

State border levies on taxis irk Centre
Mint Mumbai

State border levies on taxis irk Centre

The road ministry said vehicles with all India tourist permits have a mechanism where permit fees are shared with the states.

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1 min  |
August 16, 2023
India to step up defence ties with Philippines
Mint Mumbai

India to step up defence ties with Philippines

While the exact quantum of assistance being offered is under negotiation, officials from the Philippines have visited a number of Indian defence firms including Kalyani Strategic Systems to examine their products.

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1 min  |
August 16, 2023
Cooling core inflation fails to cheer amid supply flux
Mint Mumbai

Cooling core inflation fails to cheer amid supply flux

Inflation, without accounting for food and energy prices, known as core inflation, stood at 4.9% in July, as against 5.1% in June and economists believe it will remain sticky in the coming months.

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2 mins  |
August 16, 2023
Indian cos' annual legal costs hit ₹40K cr on rising M&A, IP cases
Mint Mumbai

Indian cos' annual legal costs hit ₹40K cr on rising M&A, IP cases

Law firms have bulked up to meet rising demand, recruiting hundreds of law grads from campuses as well as from rival firms

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2 mins  |
August 16, 2023
Gangwal to sell around 4% of IndiGo for ₹3,370 cr
Mint Mumbai

Gangwal to sell around 4% of IndiGo for ₹3,370 cr

The block sale is part of Rakesh Gangwal’s plans to cut his stake in InterGlobe Aviation, which operates IndiGo, India’s largest airline

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1 min  |
August 16, 2023
ONGC, 4 others vie for Fortum projects
Mint Mumbai

ONGC, 4 others vie for Fortum projects

The five bidders were shortlisted from 11 non-binding offers that were submitted

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3 mins  |
August 16, 2023
Amazon's zero carbon plan loses backing of watchdog
Mint Mumbai

Amazon's zero carbon plan loses backing of watchdog

UN-backed SBTi has struck Amazon off its list of companies taking action on climate goals

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3 mins  |
August 15, 2023
Assessing Indian poverty: Bleak House or Great Expectations?
Mint Mumbai

Assessing Indian poverty: Bleak House or Great Expectations?

There has been a remarkable reduction in multidimensional poverty and also levels of inequality on key selected measures

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4 mins  |
August 15, 2023
India's Amrit Kaal goal calls for broad trackers
Mint Mumbai

India's Amrit Kaal goal calls for broad trackers

Output per head suggests itself as the yardstick for developed country' status by 2047, but since this does not adequately capture how well people are doing, we need other measures

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3 mins  |
August 15, 2023
Can AA systems and AI unlock innovation in mutual funds?
Mint Mumbai

Can AA systems and AI unlock innovation in mutual funds?

Mint mutual funds conclave debates the role of data sciences, AI and machine learning in fostering innovations.

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7 mins  |
August 15, 2023
MYSTERY OF A 20-ROOM HOUSE IN KANDHAMAL
Mint Mumbai

MYSTERY OF A 20-ROOM HOUSE IN KANDHAMAL

Domestic remittances are constructing a new world in Odisha’s underdeveloped district

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8 mins  |
August 15, 2023
Tesla again goes for price cuts in China
Mint Mumbai

Tesla again goes for price cuts in China

Tesla Inc cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating.

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1 min  |
August 15, 2023
Uncertainty over planes stalls Go First plans to raise finance
Mint Mumbai

Uncertainty over planes stalls Go First plans to raise finance

The aviation regulator approved Go First’s plan to restart operations with 15 aircraft and 114 daily flights, subject to certain conditions.

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2 mins  |
August 15, 2023
New Irdai platform casts a shadow over PolicyBazaar
Mint Mumbai

New Irdai platform casts a shadow over PolicyBazaar

Bima Sugam may kick off with cheaper premiums, and access to data from diverse sources

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3 mins  |
August 15, 2023
SpiceJet swings to ₹205 cr profit in Q1
Mint Mumbai

SpiceJet swings to ₹205 cr profit in Q1

Total income fell 8.4% to ₹2,267 crore in the quarter while total expenses decreased by 36% to ₹2,069 crore

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1 min  |
August 15, 2023
ITC hotel spinoff at 10:1 ratio, IPO in 15 months
Mint Mumbai

ITC hotel spinoff at 10:1 ratio, IPO in 15 months

ITC shareholders will hold a 60% direct stake in the new hotel venture

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1 min  |
August 15, 2023
The population puzzle: what Indians feel
Mint Mumbai

The population puzzle: what Indians feel

With one foot in tradition and the other in modernity, young Indians are leading several demographic shifts that will define the next phase of change in the world’s most populous country, finds the latest round of the YouGov-Mint-CPR survey.

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6 mins  |
August 15, 2023
Covid failed to blunt investments in IPR
Mint Mumbai

Covid failed to blunt investments in IPR

India’s overall investment in fixed assets, meanwhile, saw a decline, indicating a heightened focus on innovation within boardrooms

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3 mins  |
August 15, 2023
Muthoot missing the Midas touch
Mint Mumbai

Muthoot missing the Midas touch

Assets under management (AUM) of its mainstay gold loan business clocked nearly 18% year-on-year growth and 7% sequentially to ₹66,039 crore in the June quarter (Q1FY24).

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2 mins  |
August 15, 2023
Xpressbees acquires logistics co Trackon to serve small firms
Mint Mumbai

Xpressbees acquires logistics co Trackon to serve small firms

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday it has acquired logistics company Trackon Couriers Pvt Ltd. Financial details of the deal weren't disclosed.

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1 min  |
August 15, 2023
Plan for India-Sri Lanka power line project in advanced stages
Mint Mumbai

Plan for India-Sri Lanka power line project in advanced stages

It will help crisis-hit Sri Lanka improve its energy security after the country saw widespread power shortages in 2022.

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1 min  |
August 15, 2023
Ready for carbon tax? Govt wants steel firms to find out
Mint Mumbai

Ready for carbon tax? Govt wants steel firms to find out

The development comes at a time when India is exploring tariff and non-tariff measures to counter EU’s Carbon Border Adjustment Mechanism (CBAM) that proposes to tax ‘embedded carbon’ in imports of steel, aluminium, cement, hydrogen, electricity and fertilizers from 1 Jan 2026.

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2 mins  |
August 15, 2023
Laid-off startup CXOS struggle in job market
Mint Mumbai

Laid-off startup CXOS struggle in job market

Xpheno estimates that in the last 18 months, about 40-50 CXOs have been laid off across startups

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3 mins  |
August 15, 2023
Nirma sole suitor for Glenmark Life
Mint Mumbai

Nirma sole suitor for Glenmark Life

The bid came in late last week after the company extended the deadline a second time

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2 mins  |
August 15, 2023
Adani probe: Sebi seeks 15 more days
Mint Mumbai

Adani probe: Sebi seeks 15 more days

Sebi said the extension would allow it to submit the final status report on 24 issues it has investigated in connection with the Hindenburg report

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3 mins  |
August 15, 2023
Retail inflation roars to 7.44% as food costs bite
Mint Mumbai

Retail inflation roars to 7.44% as food costs bite

Food inflation quickens to 11.51%, the highest level since October 2020

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3 mins  |
August 15, 2023
Privacy Law: Under-18s May Be Defined As Minors In Gaming
Mint Mumbai

Privacy Law: Under-18s May Be Defined As Minors In Gaming

The government may define individuals below 18 years as underage for the online gaming sector for processing of personal data, while the definition of underage might be revised in the case of edtech and healthcare sectors under the digital personal data protection law, a senior official aware of the matter said

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2 mins  |
August 14, 2023
The Big Jobs Debate: Who's At Risk From GenAI?
Mint Mumbai

The Big Jobs Debate: Who's At Risk From GenAI?

Previous tech waves impacted the blue-collar worker. Now, the white-collar employee's future is more threatened

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8 mins  |
August 14, 2023
How To Govern The AI Industry Must Be Accorded High Priority
Mint Mumbai

How To Govern The AI Industry Must Be Accorded High Priority

Our discussion must leap from vague anxiety to the details of how best to harness this technology

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3 mins  |
August 14, 2023
Gadar 2 Gives Single-Screen Cinemas A Much-Needed Boost
Mint Mumbai

Gadar 2 Gives Single-Screen Cinemas A Much-Needed Boost

Gadar 2, a sequel to the 2001 hit, has finally brought some cheer to pandemic-hit small, singlescreen cinemas in the Hindi-speaking belt with audiences returning in droves

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1 min  |
August 14, 2023