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Mint Kolkata - June 24, 2025

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I dette nummeret

June 24, 2025

India's electric highway bus dreams ride on 2-minute flash charging

The ministry of road transport is preparing to pilot a new generation of luxury electric buses capable of recharging in under two minutes, with the aim of transforming long-distance public transport.

2 mins

Import duty on shrimp from the US may be cut

India may lower duties on shrimp imports if the US reciprocates in the proposed bilateral trade agreement, according to two people close to the discussions.

1 mins

Rate cut won't help much: MPC member

Bhattacharya said inflation is likely to align with the RBI's 4% target on a durable basis in the coming quarters

1 mins

Rising Israel-Iran tensions threaten India's agri exports

Experts warn of potential disruptions to trade routes, payments, and shipments

2 mins

West Asia shock to fertilizer subsidy bill

In case of closure of Strait of Hormuz, imports of fertilizers from countries in the region may get impacted

2 mins

Nurix AI targets $10 mn in annual revenue

A gentic artificial intelligence startup Nurix AI expects to hit $10 million in annual recurring revenue (ARR) by the first half of next year, according to founder and chief executive Mukesh Bansal.

1 mins

Could 16 bn passwords be the world's largest data breach?

The details reportedly belonged to users who had accounts on Apple, Facebook, Google

3 mins

Colgate Sees H2 Rebound Amid Urban Stress, Rural Growth

Despite a \"tough\" March quarter and lingering pressure on many urban consumers, Prabha Narasimhan, managing director and chief executive officer (CEO) of Colgate-Palmolive (India) Ltd, expects a rebound in consumer sentiment and spending in the latter half of the year.

1 mins

Sunteck lays ground for growth, but shares await a rebound

Sunteck Realty Ltd was recently appointed to redevelop a housing society in Mumbai's Andheri (East). The project's gross development value (GDV) or revenue potential is estimated at ₹1,100 crore, as per media reports.

1 mins

Birla lifestyle brand arm plans to invest ₹300 cr every year

ABLBL has more than 3,250 stores, with 70% of the outlets run by franchisees under an asset-light model

2 mins

Why Trent skips dining tables

Moderating pace Trent's FY25 revenue growth was slower than that seen in the previous three years.

2 mins

WBD Has India OTT Plan, But Market Obstacles A Concern

The firm only runs the discovery+ streaming service in India, while syndicating most of its IP to JioHotstar

2 mins

Weight-loss drug Wegovy set for India launch

The firm believes that its position as a market leader for insulin products in the country could give it an edge

1 mins

Infosys Claims Poaching by Two Cognizant Executives

Fight goes back to August 2024 when Cognizant accused Infosys of stealing trade secrets

2 mins

Will Sebi's Angel Investor Rules Slow Startup Funding?

The immediate fallout is likely to be felt at the pre-seed and seed stages in smaller cities

3 mins

Swiggy delivers for Prosus with 23% IRR

Prosus saw its core headline earnings grow 47% on-year to $7.4 billion, up from $5 billion in the previous fiscal

1 mins

Days ahead of AI plane crash, CEO got a big raise

Under the new package, Campbell Wilson stands to earn up to ₹27.75 cr

2 mins

Private club startups bet on exclusivity

As India's professionals seek more curated spaces to build valuable networks, exclusive private clubs are emerging as coveted hubs of connection and influence—and startups are taking notice.

2 mins

The Six Miles of Water Keeping the Global Markets on Edge

Roughly 20% of the world's petroleum passes through the 20-mile-wide Strait of Hormuz

4 mins

Iran's Payback Threat for Strike Keeps World Powers on Alert

Iran vowed retaliation and kept up attacks on Israel following the US strikes on its nuclear facilities over the weekend, fueling fears of a wider war in the Middle East and rattling global markets.

2 mins

Israel steps up Iran attacks

Israel hit Iranian government targets in Tehran on Monday in a series of strikes that followed a salvo of missiles and drones fired by Iran at Israel in the wake of the Trump administration's massive strikes on Iranian nuclear sites the day before.

1 mins

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Packages

The smartest AI researchers and engineers have spent the past few months getting hit up by one of the richest men in the world.

4 mins

Warburg to sell SBI insurance stake

Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people familiar with the matter.

1 mins

Adani Starts Green Hydrogen Plant

The Adani Group commissioned India's first off-grid 5 megawatt green hydrogen pilot plant in Kutch, Gujarat, the conglomerate said in a statement on Monday.

1 mins

Rupee sinks 23 paise to 86.78 vs dollar

The rupee fell by 23 paise to close at a five-month low of 86.78 (provisional) against the US dollar on Monday amid a strengthening dollar and volatile crude oil prices after US struck Iran's nuclear facilities.

1 mins

DGCA to start Air India annual audit

Ten officials from India's aviation safety watchdog will visit Air India headquarters on Tuesday for an annual audit, a government memo showed, just as the airline is facing intense scrutiny after a plane crash killed 271 people.

1 mins

Asia warming 2x as fast as average

Asia, the largest continent in the world with around 60% of the global population, is now warming nearly twice as fast as the global average, according to a report released on Monday.

1 mins

Retail credit grows at slower rate in Q4

The retail credit market continued to see a softening in the last quarter of 2024-25, as new loan originations (partly a measure of credit demand and supply) grew at a slower rate of 5% in March 2025 against 12% a year ago, according to the TransUnion CIBIL's June 2025 Credit Market Report.

1 mins

Investments in real estate to fall 37%

Institutional investments in Indian real estate are estimated to decline 37% to $3.06 billion during the first half of this year on global economic uncertainties, according to real estate consultant JLL.

1 mins

HSBC's return-to-office push risks denting CEO's savings plan

SBC Holdings Plc is forecasting hundreds of millions in extra real estate costs as it considers asking more of its employees to return to the office, potentially hindering it in its bid to find $1.5 billion in annual cost savings.

1 mins

PhonePe Said to Seek $1.5 Bn for IPO

Walmart Inc.'s PhonePe, India's largest provider of digital payments, is preparing to file preliminary documents for an initial public offering that may raise as much as $1.5 billion, according to people familiar with the matter.

1 mins

'DeepSeek aids China's military'

Artificial Intelligence (AI) firm DeepSeek is aiding China's military and intelligence operations, a senior US official told Reuters, adding that the Chinese tech startup sought to use Southeast Asian shell companies to access high-end semiconductors that cannot be shipped to China under US rules.

1 mins

US Mandates Public Social Media for Student Visa Seekers

The diktat has evoked concern from data privacy experts and lawyers in India

1 mins

Space race: Get startup rivalry ready for lift-off

India's space programme has taken a step forward.

2 mins

Meta is going all out to win the 'superintelligence' race

Zuckerberg is doing all he can to leapfrog Generative AI and develop machines that can 'think'

3 mins

It's Never Too Late to Read the Fine Print of One's Insurance Policies

Is war fatality covered? Too many of us are unaware of what risks are insured and what are not

3 mins

Colleagues or overlords? The debate over AI bots rages on

There's been too much fear-mongering over artificial intelligence

3 mins

Keep off the brake pedal: India's EV transition has no time to lose

Incentives and subsidies have served us well but we need clear mandates and innovative solutions designed for our market

4 mins

A Short History of the Evolution of Sports Drinks

Centuries ago, athletes prepared for a race by drinking wine with vinegar

2 mins

In Delhi, Gen Z touches grass to counter brain rot

Youngsters in the Capital are putting their screens away and joining activity clubs to make real-world connections

3 mins

Hate the gym? Yoga is the workout for you

Yoga is not just a physical practice. It's a holistic lifestyle that combines mental and spiritual practices, too

4 mins

Les alle historier fra Mint Kolkata

Mint Kolkata Description:

Forlegger: HT-Digital-Streams-Ltd.

Kategori: Newspaper

Språk: English

Hyppighet: 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...