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China has burned investors before too
The smartest strategy for investors in Chinese assets this year: Do something else. Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country's currency.
Road work lags; capex on track
India has built only 38% of roads planned for the fiscal year in the eight months so far despite spending two-thirds of the allocated money, official data showed.
Promoters to infuse ₹9,350 cr in Adani Green
A dani Green Energy Ltd (AGEL) plans to raise ₹9,350 crore by issuing preferential warrants to its promoters, in a bid to achieve its stated target of 45 gigawatts (GW) green energy capacity by 2030.
Shareholders oust Dish TV board, two new members join
Shareholders of Dish TV India Ltd rejected the candidature of its remaining four independent directors, a rare instance at a listed company that found itself without a functional board for a brief while.
Bharat rice soon at ₹25/kg to cool price
Discounted sale of rice via Safal, govt agencies, mobile vans
Set realistic fitness goals in the year ahead
Stop obsessing over your BMI, develop better lifestyle habits in the new year
Wellness trends that made headlines in 2023
From silent walking to the emergence of menopause retreats and ashwagandha becoming a hot topic, here's a wrap of 2023's wellness trends
The India-China dynamic seems set to lead an age of meta-reason
A world led by Western values is yielding to one where the mutual learnings of Asian powerhouses will shape key outcomes
Human trafficking or a plain case of migration?
The French detention of a plane on suspicion of its passengers being victims of exploitation raises the vital question of their intent: Were they just trying to get around labour barriers?
Here's what you should know to exchange old jewellery for new
If the jewellery isn't hallmarked, it is melted to determine the purity level and arrive at its exchange price
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