Mint New Delhi - March 11, 2025

Mint New Delhi - March 11, 2025

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In this issue
March 11, 2025
Cyber fraud losses surge 10-fold in 10 yrs: finance ministry
Indians could lose over ₹1.2 tn due to cyber fraud over the next year
1 min
Retail inflation likely eased to 3.9% in Feb
India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists.
1 min
Govt seeks House nod for ₹51,400 cr extra spending
The amount will mainly be used for fertilizer, food and cooking gas subsidy, defence pension
2 mins
Will Push for Comprehensive Trade Partnership with India
A head of his trip to India, New Zealand Prime Minister Christopher Luxon has said he will push for a comprehensive economic partnership with New Delhi and explore ways to strengthen bilateral security ties.
1 min
Sun Pharma to buy US oncology firm for $355 million
Sun Pharmaceutical Industries Ltd has agreed to buy US-based immunotherapy and oncology firm Checkpoint Therapeutics Inc. for an upfront payment of $355 million, as India's largest drugmaker bolsters its specialty therapy portfolio.
1 min
Trump Says Four Bidders in Play for TikTok Deal 'Soon'
The social media platform faces a deadline of 5 April to strike a deal for its US operations
2 mins
Investors eye Indian bonds on RBI rate cut
Investors are positioning for a rally in Indian bonds on bets the central bank will go for more interest-rate cuts this year to power the economy.
1 min
Chhaava's on-screen success fails to light up PVR Inox stock
Flop show
1 min
Spam Call Rules on Hold as CCPA Sees Progress
The CCPA's move comes a year after a stakeholders' meeting was held in March 2024, where punitive action was proposed against firms for violating privacy and breaching consumer rights.
1 min
Cognizant on a tightrope as new challenge pops up
Globally, 243 activist campaigns were launched in 2024, highest since 2018, according to a Barclays report
1 min
Promotions to take a hit as India Inc. turns tightfisted
Companies to elevate fewer people, offer slimmer hikes this year amid global uncertainty
2 mins
Godrej Mulls More Price Hikes for Soaps
Godrej Consumer Products will keep raising prices of its soaps gradually to protect margins amid rising palm oil prices, the consumer goods maker's top boss said on Monday.
1 min
Tesla Flailing in China in the Wake of BYD's Rapid Rise
Among market shares of the top 12 automakers in China by sales for any type of car, Tesla, at No. 11, is well under 5%
2 mins
Sheinbaum Rallies Supporters in Response to Trump Threats
Tens of thousands from across Mexico gather in capital in a patriotic fiesta and show of unity
3 mins
U.S. Bolsters Position as World's Top Arms Exporter
Trump's Ukraine policy is raising concerns among European nations about future purchases
3 mins
Mark Carney will succeed Trudeau as Canada's new PM
Mark Carney won the race to become Canada's next prime minister, putting the former central banker in charge of the country just as US President Donald Trump's administration threatens its economic future.
3 mins
'Eternal' name gets shareholder nod
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing.
1 min
Foxconn Unveils AI Model FoxBrain
Foxconn said on Monday it has launched its first large language model and plans to use the technology to improve manufacturing and supply chain management.
1 min
Vanuatu PM cancels Lalit Modi passport
Vanuatu Prime Minister Jotham Napat on Monday directed the Citizenship Commission to cancel the passport issued to Indian Premier League (IPL) founder Lalit Modi, saying that the fugitive was attempting to avoid his extradition.
1 min
India, EU resume FTA negotiations
India and the European Union (EU) resumed talks for a free trade agreement on Monday after a gap of more than five months, against the backdrop of a fragmented global economic order.
1 min
Jaiprakash Associates must be sold as one unit: NCLT
The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency process should be invited for the entire company as a going concern and not by dividing its different business verticals.
1 min
Fitch Cuts Adani Energy's Outlook
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
1 min
Commercial vehicle vol to grow in FY26
Domestic commercial vehicle industry's wholesale volumes are expected to grow 3-5% year-on-year in the financial year 2026, rating firm Icra said in a statement on Monday.
1 min
RBI Plans Forex Swap for 24 March
The Reserve Bank of India on Monday said it will conduct a forex swap of $10 billion later this month to inject liquidity into the banking system.
1 min
Honda Cars India names new CEO
Japanese automaker Honda on Monday said it has appointed Takashi Nakajima as the new president and chief executive officer of Honda Cars India.
1 min
CleanMax, Osaka Gas Announce JV
Brookfield-backed firm CleanMax on Monday announced a joint venture partnership with Osaka Gas Group to develop a 300 megawatts (MW) renewable energy portfolio entailing an investment of ₹1,500 crore.
1 min
PM Modi to Back Mauritius Sovereignty Over Chagos
Mauritius became independent in 1968 but London retained control of Chagos
1 min
Game of fortunes: Chasing sporting glory
Former Olympian and Indian badminton national coach Pullela Gopichand has stirred up a hornet's nest by advising people against putting their children up to a career in sports unless they are rich.
4 mins
Formulate a plan to boost India's agricultural exports
Lowering tariffs to meet Trump's demands won't hurt if India can lift farm output and penetrate export markets
4 mins
Trump's political coalition could collapse under its contradictions
Divergent world-views may co-exist but people's special agendas make ruptures all but inevitable
3 mins
Tribunal Reforms Are a Must for Efficient Resolution of Disputes
Much will depend on the autonomy they're given to function effectively as quasi-judicial bodies that can relieve Indian courts
3 mins
Only English please: Trump's order is more than symbolism
It's yet another arrow in the US president's anti-diversity quiver
3 mins
How to brace for 'beggar thy neighbour' trade policies
An exporter like China will need to focus on efficiency while India could use US policy to its trade advantage
4 mins
A (little) pain is good for you
When you voluntarily engage in a tough activity, you trigger the body's hormesis mechanism that stimulates your brain
4 mins
Mint New Delhi Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.
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