CATEGORIES

Growth versus equity: A debate that India should've long settled
Mint Mumbai

Growth versus equity: A debate that India should've long settled

There is no long-term conflict between the two so long as we reskill and adapt workers to evolving economic dispensations

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4 mins  |
June 21, 2023
Give real globalization a chance to prove itself
Mint Mumbai

Give real globalization a chance to prove itself

A common world market could work in everyone's favour if state intervention is withdrawn but capital has globalized far faster than labour and a fully open model is yet to be tried out

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2 mins  |
June 21, 2023
Why MNC employees with Esops are on taxman's radar
Mint Mumbai

Why MNC employees with Esops are on taxman's radar

Employees have to report all stock options exercised by them in the income tax returns

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5 mins  |
June 21, 2023
INSIDE THE BRAVE NEW WORLD OF NOVEL PROTEINS
Mint Mumbai

INSIDE THE BRAVE NEW WORLD OF NOVEL PROTEINS

Advanced fermentation technologies are offering a a new class of climate-smart foods. Can it disrupt farming?

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8 mins  |
June 21, 2023
Inside China's underground market for high-end Nvidia AI chips
Mint Mumbai

Inside China's underground market for high-end Nvidia AI chips

Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions?

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3 mins  |
June 21, 2023
Russia launches drones on south Ukraine cities
Mint Mumbai

Russia launches drones on south Ukraine cities

Ukraine says its offensive is going to plan and the main thrust is still ahead

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3 mins  |
June 21, 2023
'IndiGo may order wide-body aircraft'
Mint Mumbai

'IndiGo may order wide-body aircraft'

Hailing IndiGo's order of a record 500 Airbus aircraft as a landmark transaction, civil aviation minister Jyotiraditya Scindia said he hopes that India's largest airline would order twin-aisle aircraft.

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1 min  |
June 21, 2023
'Boeing can fuel IndiGo's aspirations'
Mint Mumbai

'Boeing can fuel IndiGo's aspirations'

Planemaker hopes to support IndiGo's ambition to fly long-haul routes, after rival Airbus snags the airline's mega-order for narrow-body planes

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2 mins  |
June 21, 2023
NSE's power move puts BSE on alert
Mint Mumbai

NSE's power move puts BSE on alert

BSE seeks market feedback on strategies to maintain success in attracting trading volumes to derivatives segment

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2 mins  |
June 21, 2023
Tata Motors truck biz puts profitability first
Mint Mumbai

Tata Motors truck biz puts profitability first

Tata Motors Ltd, India’s leading commercial vehicle manufacturer, is shifting focus towards profitability and strengthening its position in the larger pick-up truck segment, as it struggles to maintain the lead it enjoyed until a few months ago.

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2 mins  |
June 21, 2023
Deposit growth has limited gains
Mint Mumbai

Deposit growth has limited gains

Growth in deposits is picking up pace. The Reserve Bank of India’s (RBI) latest data for the fortnight ending 2 June shows that industry deposits growth stood at 11.8% year-on-year (y-o-y).

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2 mins  |
June 21, 2023
'Profit growth to guide IPO plans'
Mint Mumbai

'Profit growth to guide IPO plans'

Fintech platform Mobikwik is looking to renew plans for an initial public offering (IPO) backed by consistent profitability and inorganic growth at a time when the financial health of startups are under the scanner from wary investors.

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3 mins  |
June 21, 2023
EPFO enrolments surge; 54% of new staff aged 18-25
Mint Mumbai

EPFO enrolments surge; 54% of new staff aged 18-25

The number of formal sector workers registered under the Employees' Provident Fund Organization (EPFO) saw a remarkable surge in April, reaching its highest level this year and signalling a growing number of first-time workers in the organized sector.

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1 min  |
June 21, 2023
IOCL may revive WW-II era oil storage farm in Sri Lanka
Mint Mumbai

IOCL may revive WW-II era oil storage farm in Sri Lanka

Lanka IOC may take 49% stake, Ceylon Petroleum 51%, to get Trincomalee farm running again

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2 mins  |
June 21, 2023
Alumnus Nandan Nilekani donates ₹315 cr to IIT(B)
Mint Mumbai

Alumnus Nandan Nilekani donates ₹315 cr to IIT(B)

Nandan Nilekani, co-founder and chairman of Infosys and the founding chairman of Unique Identification Authority of India (UIDAI), on Tuesday, donated ₹315 crore to the Indian Institute of Technology (IIT), Bombay.

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1 min  |
June 21, 2023
Google seeks to assemble Pixel in India
Mint Mumbai

Google seeks to assemble Pixel in India

Alphabet Inc.'s Google is scouting for suppliers in India to assemble its Pixel smartphones as it borrows from Apple Inc.'s playbook to diversify beyond China.

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1 min  |
June 21, 2023
India, UAE work on trade niggles
Mint Mumbai

India, UAE work on trade niggles

India and the United Arab Emirates (UAE) are set to begin talks to resolve exporters’ concerns regarding exhaustive details of manufacturing and procurement being sought by customs of both countries to enforce rules-of-origin requirements agreed under the free trade pact last year, two people aware of the development said.

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2 mins  |
June 21, 2023
Sebi remains wary of sharing evidence
Mint Mumbai

Sebi remains wary of sharing evidence

The Securities and Exchange Board of India (Sebi) continues to maintain a cautious stance when it comes to sharing documents with the accused despite the Supreme Court’s (SC’s) disapproval of its approach.

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2 mins  |
June 21, 2023
'Bandhan will launch credit cards, push home loans'
Mint Mumbai

'Bandhan will launch credit cards, push home loans'

Bandhan Bank is looking to expand its affordable home loan portfolio, aiming to carve out a niche in a segment with a limited presence of lenders.

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3 mins  |
June 21, 2023
Steel cos may get to bid for coal blocks with washeries
Mint Mumbai

Steel cos may get to bid for coal blocks with washeries

The government plans to introduce a new policy to offer coking coal blocks to steel companies with attached washery operations. This, the government reckons, will allow steelmakers access to domestic fuel to run their operations that are largely being undertaken now using imported coking coal.

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2 mins  |
June 21, 2023
Sony, Zee merger on despite Sebi shadow
Mint Mumbai

Sony, Zee merger on despite Sebi shadow

The Japanese firm is committed to the deal in its original form

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3 mins  |
June 21, 2023
Clothing, Accessories Sales See Inflation Hit
Mint Mumbai

Clothing, Accessories Sales See Inflation Hit

Consumers are exercising caution before purchasing clothing and accessories, as higher prices of daily goods are constraining their discretionary spending, said industry insiders

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2 mins  |
June 20, 2023
Is Taking A Home Loan Top-Up A Good Option?
Mint Mumbai

Is Taking A Home Loan Top-Up A Good Option?

I pay an equated monthly instalment, or EMI, of ₹55,000 on a home loan obtained at an interest rate of 7.25%

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1 min  |
June 20, 2023
Alex Soros should deploy big bucks against climate change
Mint Mumbai

Alex Soros should deploy big bucks against climate change

Starting with agriculture will work well and not be controversial

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3 mins  |
June 20, 2023
Our combat orientation has the world watching
Mint Mumbai

Our combat orientation has the world watching

Indian defence forces are ready for joint theatre commands and significant interfaces with the US have been formalized. War or peace, though, India's autonomy stays non-negotiable

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2 mins  |
June 20, 2023
Fencer Bhavani Devi creates history at Asian Championships
Mint Mumbai

Fencer Bhavani Devi creates history at Asian Championships

Olympian C A Bhavani Devi on Monday created history by securing India's first-ever medal at the Asian Fencing Championships-a bronze-after losing in the women's sabre semifinal at the continental event in Wuxi, China

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1 min  |
June 20, 2023
India drug linked to Cameroon deaths
Mint Mumbai

India drug linked to Cameroon deaths

A variety of cough syrup suspected by Cameroonian authorities of killing a dozen children in the central African country in recent months bears markings indicating it was made in India

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1 min  |
June 20, 2023
Blinken, Xi pledge to stabilize deteriorating bilateral ties
Mint Mumbai

Blinken, Xi pledge to stabilize deteriorating bilateral ties

While Xi said he was satisfied with the talks, Blinken highlighted China's refusal to reopen military dialogue

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3 mins  |
June 20, 2023
'El Nino is market's main near-term risk'
Mint Mumbai

'El Nino is market's main near-term risk'

The Indian market may undergo a time correction following the recent period of strong performance, said Manishi Raychaudhuri, the Asia Pacific head of equity research, and Asian equity strategist at BNP Paribas. In an interview, Raychaudhuri said the primary short-term risk to equity markets stems from the potential impact of El Nino on the monsoon season

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3 mins  |
June 20, 2023
'We are ordering for what we think is needed for IndiGo'
Mint Mumbai

'We are ordering for what we think is needed for IndiGo'

InterGlobe Aviation Ltd, the operator of the IndiGo airline, made history with a record order of 500 aircraft from Airbus, bolstering India’s position as home to the world’s two largest aircraft orders, following Air India’s 470 aircraft order in February from Airbus and Boeing. After the announcement of the order, IndiGo chief executive officer Pieter Elbers said that these aircraft would help IndiGo expand internationally as well as to domestic destinations

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1 min  |
June 20, 2023