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2024: The Year of Riddles for Both Markets and Life
Forecasting Nifty returns and box-office results is futile, enjoy the show as it unfolds
Should NRIs deduct TDS on property sale?
I bought a house at a price higher than stamp value. The builder said as an NRI, I don't need to deduct and pay TDS. Is this correct?
Two Aeroplane Crashes Lead to Deadliest Year in Skies Since 2018
Passenger fatalities jump to 318 this year
Senores Pharma has a strong debut
Securities and Exchange Board of India (Sebi) has cleared proposals of six companies, including Leela Palace parent firm Schloss Bangalore, Ather Energy and Oswal Pumps, to launch their public issues.
Ikea's FY24 loss widens to ₹1,299 cr
Ikea India, a leading furniture and home furnishing retailer, reported widening of losses to ₹1,299.4 crore in FY24, according to an RoC filing by the company.
New Verification Facility for NEFT
The Reserve Bank of India (RBI) has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer systems, RTGS and NEFT, to verify the name of the bank account to which money is being transferred before initiating the transaction for avoiding mistakes and preventing frauds.
Rupee slips to record closing low
The rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.
RBI Warns of Unsecured Loan Stress Spillover
RBI said 11% of the borrowers originating a personal loan under ₹50,000 had an overdue personal loan
Less than 10% of IT budget in new tech
Banks in India allocated less than 10% of their information technology budgets to emerging technologies this year, the Reserve Bank of India (RBI) has found.
Rising confidence to fuel Indian economy
RBI's FSR pegs real GDP growth for the current fiscal year at 6.6%
Onitsuka Tiger eyes India manufacturing for faster growth
Japanese premium footwear brand Onitsuka Tiger, part of Asics Corporation, could consider manufacturing locally in India to accelerate growth, a senior official of the company told Mint.
S Big As A Year Ends
prices, political shifts, global uncertainties and more. The challenges in its quest to become a developed economy
India dreams: challenging
In charts: India grappled with a slowdown, climate crisis, rising pollution. The nation needs a well-defined road map to overcome these challenges
Indian Firms Raise Record Debt in 2024
Indian firms raised ₹10.67 trillion through the sale of bonds till 27 December, a 9% jump over 2023
Samhi gives old offices a luxury makeover
The hospitality firm is taking old offices on lease, turning them into hotels
SpiceJet's grounded planes to fly again
Budget carrier SpiceJet Ltd. aims to operationalize 30 Boeing 737 MAX aircraft, grounded for reasons ranging from payment default to lessors and component shortages, in the next 12-15 months as it seeks to expand its services.
Ashwin Sheth Plans Bengaluru Debut, Sets Sights on IPO
Real estate developer Ashwin Sheth Group is preparing to launch more than 10 housing projects in 2025 and mark its debut in Bengaluru, as it aims to tap the public market to finance its expansion plans.
Capex plans, robust demand may keep KEI charged up
EI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. pallavi.pengonda@livemint.com
Cement price pain not over yet
Hit and miss Cement prices rose sequentially in Q3FY25, but are lower year-on-year.
Wall Street expects gold to glitter again in year ahead after solid 2024
Few investments did better in 2024 than gold, which is wrapping up its best year since 2010 and one of its largest annual gains on record.
Tumble in F&O volumes raises questions on where the money might have headed
In the past three months, the Nifty 50 has fallen 8.5% while the Nifty Smallcap 250 has dropped just 5%
Biden Announces $2.5 Billion Military Aid for Ukraine
U.S. President Joe Biden on Monday unveiled a $2.5 billion military aid package for Ukraine, as Washington races to provide assistance before Donald Trump takes office in a matter of weeks.
Reliance seeks premium for oil from KG block
Reliance Industries Ltd is seeking a premium of at least $3.5 per barrel over an international benchmark for crude oil it produces for eastern offshore KG-D6 block, according to the tender the firm put out on Monday.
Arai likely to divide PM E-drive upgrade funds among 4 agencies
The Automotive Research Association of India (Arai) is likely to spearhead the distribution of ₹780 crore earmarked for upgrading the nation's automotive testing infrastructure as part of the government's ₹10,900-crore electric vehicle (EV) subsidy scheme, two persons aware of the matter said.
Health, education seek budget boost
Industry leaders urged measures to boost investment, education and healthcare in a pre-budget consultation with finance minister Nirmala Sitharaman on Monday.
Centre Asks States To Ensure Land To Install Wind Projects
States, in turn, are looking to consolidate unutilized government land for wind power projects
A daily habit to fight burnout at work and beyond
Prioritize what truly matters, suggests Borges India's head Vishal Gupta
The Joy Of Finding A Notebook-Diary To Plan The New Year
Whether you plan every hour of the day or just enjoy doodling, these diaries are just what you need to start 2025
US consumer protections look likely to be deleted by Trump
Expect the financial sector's discomfort with them to win the day
Manmohan Singh: A persuasive leader who made a big difference
A deliberative, transparent, clear-headed and decisive approach to policy formulation must live on as a tribute to his legacy