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THE 10 BOOKS OF 2023 YOU CANNOT MISS
Here's Mint's pick of the best this year had to offer-on business, economics and finance
Israeli airstrikes kill 100 in one of Gaza war's deadliest nights
Nearly 20,700 people have been killed by Israeli airstrikes, including 250 in the last 24 hours, as per authorities
Charter plane grounded in France finally leaves for India
The plane was stuck for four days in France over a human trafficking investigation
Tribunal members' quality affecting decisions: Experts
Legal experts suggest several improvements in the functioning of the NCLT and the NCLAT
Year 2024: What lies ahead for India's leading family-owned conglomerates
Heightened competition, new business forays, and a new generation of scions, are set to transform the country's big family business groups next year
Arrested Vivo staff to get consular assistance
China will provide consular protection and assistance to two Chinese employees of smartphone maker Vivo arrested by Indian authorities and urges India not to discriminate against Chinese companies, a foreign ministry spokesperson said on Monday.
Hotels shrug off covid blow in 2023
The organized hotel industry is looking to end the year with an occupancy rate of 63-65%, registering an increase from 2022
LT Foods eyes bigger chunk of ready-to-cook meals, snacks
The company plans to achieve a ₹200-crore business for its heat-and-eat meals
Retail now a big investor pie, but their weight is still small
Individuals investing up to ₹10,000 a month make up a third of all investors, show NSE data
Chinese firm Infinix evaluating local manufacturing for laptops
The government has put in an import management system from 1 November this year
Altman's knack for dodging bullets
Hint - bigshot friends like Airbnb's Chesky, Microsoft's Nadella, and Sun Microsystems' Khosla have a hand in helping him out of tight situations
Is Fed's gift enough to cheer EMs?
Emerging markets bore the brunt of the global monetary policy tightening cycle that led to steep fund outflows. Foreign investors turned their backs on EMs as elevated interest rates amid subdued global growth outlook made safe-haven assets such as the US dollar more lucrative.
South Korea fines BNP, HSBC $20 mn for naked short selling
The FSC recently slapped a fine of 2 billion won in all on 3 unnamed global hedge funds for markets law violations
InCred Finance raises $60 mn in Series D
InCred Finance, the lending arm of InCred Group, has raised $60 million in Series D funding, led by Ranjan Pai, chairman of Manipal Education and Medical Group, at a valuation of $1.04 billion.
GMR eyes foreign funds, low cost of capital with merger completion
The merger is expected to be concluded around March, but the procedures indicate completion by February
New banking norms help save interest cost for CSS central fund transfers
This system has minimized instances of funds lying idle at state level, making them available for other schemes
600-plus covid cases for 2nd day
Covid cases continued to rise, with India reporting 628 fresh cases and one death in the past 24 hours, the Union health ministry said on Monday. The active caseload of covid-19 infections rose from 3,742 on Sunday to 4,054 showed ministry data.
UP tops states' access to ₹1.3 tn capital assistance
More than 95% of the budgeted ₹1.3 tn have been sanctioned, while ₹60,307.19 cr was released to states by 13 Dec
Govt to finalize all SPVs for PM MITRA parks in early '24
The special purpose vehicles will be established across seven states to boost the textile sector
Tehran denies targeting tanker off Indian coast
Targeting of a chemical tanker came amid a flurry of drone, missile attacks by Huthi rebels in the Red Sea
IOCL green H2 tender in legal mess, gets one bid
IGHPA has moved the Delhi HC against the tender, particularly aggrieved by the right of first refusal clause
Infosys, Wipro see senior exits under Parekh, Delaporte
Infosys Ltd and Wipro Ltd have each seen about two dozen executives at the rank of senior vice-president (SVP) and above leave under the tenures of chief executives Salil Parekh and Thierry Delaporte, respectively, underscoring the challenge of retaining senior leaders at the Bengaluru-based IT twins.
Agri budget may hit ₹2 tn in FY25, up 39%
Expansion of income support, crop insurance scheme likely
Support groups help teams cope with a colleague's death
Leadership training and employee handbooks rarely cover the subject of coping with the death of a colleague
Developed India by 2047: Global equations have a symbiotic role
The Amrit Kaal' journey that India has embarked upon will both shape and be shaped by the country's global engagement
Ratings: India has good reason to be aggrieved
There has been much debate over the sovereign credit rating India deserves. New Delhi has long lamented that rating agencies have been unjust in assigning the country their lowest investment grade.
'Market momentum to continue in 2024 but stick to large-caps'
After a difficult year, the stock markets are seeing a pick-up in the latter half of 2023. The S&P BSE Sensex is up 15.8% for the year. Up until 26 October, it had just delivered 3% year-to-date returns. What is expected next year? In an interview with Mint, Devina Mehra, founder of First Global group, shares why she thinks the current market run-up was always in the offing and what her outlook on the markets is for the next year.
Indians held in France over trafficking could leave today
Nicaragua-bound plane with 303 Indians has been held at Vatry airport since Thursday
Iran gets new cruise missiles amid growing regional tension
The Iranian navy has taken delivery of cruise missiles with a range of 1,000km as well as reconnaissance helicopters, state media reported on Sunday, as the US accused Iran of a drone attack on a chemical tanker in the Indian ocean.
Turkey launches airstrikes against terrorist targets
Turkey launched air operations \"against terrorist targets in the north of Syria and Iraq\", its defence ministry said Saturday, after 12 of its soldiers were killed over two days.