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Mint Mumbai

I-T pie in revenue to touch 15-year peak

In FY25, I-T to account for 57.4% of Centre's gross tax revenue

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2 mins  |
February 10, 2024
What Gens X, Y, Z Need: Older Women In Fashion
Mint Mumbai

What Gens X, Y, Z Need: Older Women In Fashion

Breaking age barriers will not only help reshape the industry but also serve as a powerful narrative for a generation challenging stereotypes

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4 mins  |
February 09, 2024
Food Inflation May Be Benign This Year: Nestlé 's Narayanan
Mint Mumbai

Food Inflation May Be Benign This Year: Nestlé 's Narayanan

Nestlé India expects food inflation to be more “benign" this year, and the government’s infrastructure spending to boost jobs and incomes, bolstering consumption of essential items, said a top executive at the packaged foods company.

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2 mins  |
February 09, 2024
Amazon's Newest Competitors Are Stepping Into Its Territory
Mint Mumbai

Amazon's Newest Competitors Are Stepping Into Its Territory

Shein, TikTok are seeking to poach Amazon's employees and building out workspaces in the same office tower

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5 mins  |
February 09, 2024
A services-led export strategy holds appeal only up to a point
Mint Mumbai

A services-led export strategy holds appeal only up to a point

Indian policy cant afford to focus on service exports at the cost of our current employment-oriented manufacturing thrust

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4 mins  |
February 09, 2024
A policy pivot is not on the central bank's cards
Mint Mumbai

A policy pivot is not on the central bank's cards

Inflation uncertainty means an extended wait for a shift in RBI's stance that could lead to a rate cut. Luckily, policymakers are placed well to keep their focus firmly on price stability

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2 mins  |
February 09, 2024
Will going 100% cashless raise my health insurance premium?
Mint Mumbai

Will going 100% cashless raise my health insurance premium?

How does the implementation of a 100% cashless network affect my current health insurance coverage? Will my premiums increase as a result? What is the relevance of the network hospital of my insurer now if all hospitals have become cashless.

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1 min  |
February 09, 2024
Mint Mumbai

How to access assets when breadwinner is incapacitated

Sebi has proposed giving more powers to nominees in case the asset owner is incapacitated

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5 mins  |
February 09, 2024
Mint Mumbai

DITCHED BY THE RICH, VODKA NEEDS A NEW SPIRIT

Indians buy tons of cheap vodka, but gin is the runaway leader in consumption growth when it comes to premium white spirits

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8 mins  |
February 09, 2024
Mint Mumbai

SoftBank returns to health with a bump from AI

Global tech investor SoftBank is finally getting something out of AI. SoftBank shares surged 11% Thursday in their biggest daily jump in nearly two years, thanks to a jump in sales at its subsidiary Arm, a giant chipdesign company that has benefited from enthusiasm about artificial intelligence.

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2 mins  |
February 09, 2024
American CEOs visiting China can't escape having to dance on stage
Mint Mumbai

American CEOs visiting China can't escape having to dance on stage

American CEOs traveling to China face big challenges. Perhaps the most terrifying? The local tradition that business leaders dance and sing on stage to huge crowds.

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4 mins  |
February 09, 2024
India to replace its troops in Maldives with technical personnel
Mint Mumbai

India to replace its troops in Maldives with technical personnel

India said on Thursday that it will replace its troops stationed in the Maldives with technical personnel, in a move that could ease strained bilateral relations.

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1 min  |
February 09, 2024
Mint Mumbai

Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod

The Union cabinet on Thursday approved auction of 10,523 MHz of telecom spectrum in multiple bands, including 5G, and aims to mop up ₹96,317.65 crore, minister for information and broadcasting Anurag Thakur said.

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2 mins  |
February 09, 2024
Indian airports seek digital boost: SITA
Mint Mumbai

Indian airports seek digital boost: SITA

Indian carriers are also showing interest in the firm’s tech to cut emissions

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2 mins  |
February 09, 2024
Delhi HC's ruling to hit social media sharing
Mint Mumbai

Delhi HC's ruling to hit social media sharing

Experts say users could face legal action for reposting libellous posts

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2 mins  |
February 09, 2024
Disney+Hotstar picks up
Mint Mumbai

Disney+Hotstar picks up

In December quarter, paid subscriptions have increased—the first time since it lost IPL rights

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2 mins  |
February 09, 2024
For young, rich globetrotters, vacations are me-time
Mint Mumbai

For young, rich globetrotters, vacations are me-time

Young travellers are seeking out luxurious, bespoke, adventurous experiences when they plan holidays

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3 mins  |
February 09, 2024
Mint Mumbai

The new 'it' thing in men's fashion: scoop necklines

Designers and high-street labels are experimenting with a deep-neck trend

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2 mins  |
February 09, 2024
Mint Mumbai

Can Berger Paints sustain margin amid growing competition?

Berger Paints India Ltd outperformed its larger peers on revenue growth in the December quarter (Q3FY24).

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2 mins  |
February 09, 2024
Mint Mumbai

RBI's inflation outlook, policy stand fail to soothe markets

The Indian stock markets tumbled nearly 1% on Thursday following the Reserve Bank of India's decision to keep rates unchanged for the sixth time in a row, signalling its reluctance to lower interest rates anytime soon.

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1 min  |
February 09, 2024
Mint Mumbai

Trent continues to grab eyeballs

Just when you thought Trent Ltd had done its best, the apparel retailer surprised its investors, yet again.

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2 mins  |
February 09, 2024
Seven textile parks in PM MITRA scheme to get developers by March'24
Mint Mumbai

Seven textile parks in PM MITRA scheme to get developers by March'24

The selection of infrastructure developers for seven mega-textile parks will be completed by the end of March, two officials said, as India makes a push for becoming a textile manufacturing hub.

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2 mins  |
February 09, 2024
Petronet to start gas supply for Sri Lankan power plants in "25
Mint Mumbai

Petronet to start gas supply for Sri Lankan power plants in "25

State-run Petronet LNG is expected to supply liquefied natural gas (LNG) to Sri Lanka starting in 2025, said the company's managing director and chief executive officer A.K. Singh.

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1 min  |
February 09, 2024
OVL eyes Venezuelan projects
Mint Mumbai

OVL eyes Venezuelan projects

With US sanctions on Venezuela lifted, state-run ONGC Videsh Ltd (OVL) is in talks with the Venezuelan government for operating two oil and gas projects in the country, said Rajarshi Gupta, managing director of the company.

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1 min  |
February 09, 2024
Govt targets hoarders, cuts pvt wheat stock limits again
Mint Mumbai

Govt targets hoarders, cuts pvt wheat stock limits again

Move comes after the consumer food price index rose to 9.5% in Dec from 8.7% in November

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2 mins  |
February 09, 2024
Musk opens new front in Disney fight
Mint Mumbai

Musk opens new front in Disney fight

Elon Musk is intensifying his feud with Disney. Musk, the billionaire owner of X, is soliciting people who want to sue Disney for discrimination. He says he is willing to help pay for their cases.

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3 mins  |
February 09, 2024
IT casts skill filter for campus picks
Mint Mumbai

IT casts skill filter for campus picks

In a year of thinning campus recruitments, two of the three large IT companies that still plan to hire freshers have told engineering colleges that they will prefer only those with certifications in advanced software skills.

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2 mins  |
February 09, 2024
White paper triggers govt-opposition clash
Mint Mumbai

White paper triggers govt-opposition clash

The ruling National Democratic Alliance (NDA) government and the opposition Congress party locked horns on Thursday, over a paper tabled in the Lok Sabha by finance minister Nirmala Sitharaman accusing the previous United Progressive Alliance regime of undermining the country's macroeconomic fundamentals, and the Congress hitting back at the government citing price rice and unemployment.

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1 min  |
February 09, 2024
How fears of China link shut the doors on a Paytm venture
Mint Mumbai

How fears of China link shut the doors on a Paytm venture

Paytm's troubles with the authorities started much before India's central bank announced strictures on its associate company, Paytm Payments Bank, on 31 January.

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3 mins  |
February 09, 2024
We give all enough time to comply: Das on Paytm
Mint Mumbai

We give all enough time to comply: Das on Paytm

The central bank on Thursday said it imposed restrictions on Paytm Payments Bank because of persistent noncompliance, insisting that it resorted to such measures only after prolonged engagement with the entities involved.

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2 mins  |
February 09, 2024