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Mint Chennai

Guide to investing in global stocks via Liberalized Remittance Scheme

From KYC to investments: Indian platforms are streamlining stock investments in the US, other global markets

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3 mins  |
January 20, 2025
Mint Chennai

Nailing the 'smart business casual' code during winter

Looking 'smart casual' is easy if you build a wardrobe around versatile separates like blazers and trousers

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3 mins  |
January 20, 2025
Mint Chennai

TikTok Goes Dark in US, Disappears From All App Stores

By preemptively taking the app offline, TikTok now has a chance to mobilize its US user base to protest the ban

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1 min  |
January 20, 2025
Mint Chennai

Hindenburg founder set to face fraud probe over hedge fund

Nate Anderson, the 'activist' short-seller who announced shutting down of his almost eight-year-old research firm Hindenburg, is under the cloud for his alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario.

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1 min  |
January 20, 2025
Mint Chennai

How Perceived Wealth Triggers Spending Habits

You're in the elevator lobby of your 14th-floor apartment, scrolling through e-commerce deals, though you have no intention of buying. A neighbor enters, mentions the price at which an apartment in the building recently sold, and you're surprised to learn it's significantly higher than what you paid seven years ago. Upon entering your apartment, you unlock your phone again to find a discount on your 18-month-old phone model. Without much thought, you click 'Buy Now'.

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2 mins  |
January 20, 2025
Mint Chennai

Electronics Industry Expects Budget to Rev Up Local Mfg

India's electronics and semiconductor industries are expecting a number of incentives from the upcoming FY26 Union budget, largely focused on increasing the domestic value addition in a steadily growing industry, consultants and stakeholders said.

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2 mins  |
January 20, 2025
Mint Chennai

Tech Firms May See More Short-Term Contracts, Frequent Renewals

Indian IT services companies are seeing a shift towards shorter-term contracts, driven by client uncertainty and the rapid pace of technological change.

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2 mins  |
January 20, 2025
Mint Chennai

Private investment, jobs to rise in FY26: CII

Investments by the private sector as well as employment opportunities are expected to rise in FY26, according to a survey of over 300 businesses including large, medium, and small firms.

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1 min  |
January 20, 2025
Mint Chennai

Trump and the threat to global trade: Much ado about nothing?

His past moves won little success even as key changes since have made world trade less vulnerable

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3 mins  |
January 20, 2025
Mint Chennai

CapitaLand to invest ₹450 cr in Hyd IT park

CapitaLand Group, a real estate investment and development company headquartered in Singapore, has announced a ₹450 crore investment to develop a state-of-the-art 1 million square foot IT park in Hyderabad.

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1 min  |
January 20, 2025
Mint Chennai

PSB to raise ₹2k cr via QIP in Q4: CEO

State-owned Punjab and Sind Bank (PSB) plans to raise ₹2,000 crore through qualified institutional placement (QIP) during the ongoing quarter, a top official of the bank said.

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1 min  |
January 20, 2025
Mint Chennai

House sale tax: Are furnishings deductible?

I am planning to sell my house in a few months and want to understand how to calculate the cost of acquisition for all tax purposes. Specifically, can I include the expenses of furnishing the house as part of acquisition cost while determining the taxable gains? If so, what expenses or items will be considered as furnishings, and are there any specific documentation and condition required to claim such expenses?

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1 min  |
January 20, 2025
Mint Chennai

Perplexity Eyes TikTok Merger in $50 Billion Bid

Perplexity AI submitted a bid to TikTok parent ByteDance Ltd, to merge with its US operations and create a new entity, according to a person with knowledge of the matter.

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1 min  |
January 20, 2025
Mint Chennai

India, Oman FTA negotiations over

India is not seeking customs duty concessions on over 100 product categories such as liquor and cigarettes in the proposed free trade agreement (FTA) with Oman, which is under negotiations between the two countries, sources said.

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1 min  |
January 20, 2025
Mint Chennai

Indian Startup to Offer New Cancer Therapy

Kiran Shaw-backed Immuneel will provide CAR T-cell treatment

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2 mins  |
January 20, 2025
Mint Chennai

Govt weighs 'strategic' PSU tag for Bhel

Bhel received orders worth ₹78,000 cr in FY24, the highest ever in a fiscal and an over threefold jump from FY23

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2 mins  |
January 20, 2025
Mint Chennai

Want a productivity tip? Forget apps and hacks

Productivity is not about ticking off endless tasks on a digital checklist. It hinges on the quality of engagement and self-awareness

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4 mins  |
January 20, 2025
Mint Chennai

Union budget likely to offer personal income tax relief

in the July 2024 budget. The bold move to revamp the individual income tax regime comes at a time economic growth is expected to moderate to 6.4% in the current financial year, below the post-pandemic average of 8.3% seen in the preceding three financial years.

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1 min  |
January 20, 2025
Mint Chennai

ABHA ID sign-up sought for all patients

ABHA health ID is a 14-digit number enabling access to health records, prescriptions, and consultations

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2 mins  |
January 20, 2025
Mint Chennai

NCLT Directs Tulip Hotels' Liquidation

The National Company Law Tribunal (NCLT) has directed the liquidation of debt-ridden Tulip Hotels.

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1 min  |
January 20, 2025
Mint Chennai

Government pay hikes: Fiscal prudence please

The 8th Pay Commission is being set up to revise the salaries of an already-privileged class of employees. Unless kept modest, pay hikes are sure to hit the government's finances hard

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2 mins  |
January 20, 2025
Mint Chennai

Priority-sector NBFC body to plug MSME loan shortfall

PSLAI to transform MSME lending with a focus on liberalized risk weightage, policy reforms

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2 mins  |
January 20, 2025
Mint Chennai

Loan No Longer a Four-Letter Word

Things are so perverse that only if you buy on credit, can you avail certain discounts

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3 mins  |
January 20, 2025
Mint Chennai

RIL Back on Track With Q3 Show, Say Brokerages

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

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1 min  |
January 20, 2025
Mint Chennai

FPI shorts near records as Street awaits Trump

The 100 executive orders that Trump plans to sign on his first day in office is a new source of worry for markets

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2 mins  |
January 20, 2025
Mint Chennai

The Great Wealth Transfer Is Being Powered By Women

American women over 60 last year controlled some $8 trillion of liquid wealth assets, according to a McKinsey survey

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3 mins  |
January 20, 2025
Mint Chennai

Alpha Wave, Z47 to part exit from OfBusiness

Alpha Wave Global and Z47 Partners (formerly Matrix Partners India), two major investors in business-to-business (B2B) marketplace OfBusiness, are set to make partial exits worth $100 million in six to nine months, as the company prepares for its public listing later this year, co-founder and CEO Asish Mohapatra said.

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1 min  |
January 20, 2025
Mint Chennai

Why early-stage consumer brands are foraying abroad

High-end products across sectors often struggle to attract price-sensitive Indian consumers

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2 mins  |
January 20, 2025
Mint Chennai

Indigenous Approaches to Fire Control Hold Lessons for the US

America must adopt traditional techniques deployed in Australia

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3 mins  |
January 20, 2025
Mint Chennai

Researchers Develop Framework for Antimicrobial Susceptibility Test

AMR Cases in India Rose 4.5 Times From 25,833 in 2017 to 119,686 in 2022, According to the Health Ministry

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1 min  |
January 20, 2025