Mint Kolkata - December 27, 2024
Mint Kolkata - December 27, 2024
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December 27, 2024
Govt's agri-preneur scheme receives lukewarm response
Only 35 ventures have been established under the ACABC scheme in the current fiscal year
2 mins
Signs of growth rebound ahead: Economic review
India's GDP is expected to grow at 6.5% in 2024-25 despite a slowdown in investment growth due to reduced public expenditure, private sector caution, global uncertainties, and concerns over excess capacity and dumping, the Union finance ministry said in its November economic review released on Thursday.
1 min
Climate Change and the New Green Economy: Big Questions for '25
India must navigate China's monopoly in the global supply chain of green goods
4 mins
Govt weighs income tax cuts to give relief to the middle class
India is considering cutting income tax for individuals making up to ₹15 lakh ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government officials said.
1 min
Jubilant Foods in pact with Coca-Cola
Food services company Jubilant FoodWorks Ltd (JFL), which operates Domino's and Popeye's chains of restaurants in India and neighbouring markets, said on Thursday it has signed a memorandum of understanding (MoU) with The Coca-Cola Company to procure sparkling beverages from the soft drink major's bottlers.
1 min
Alibaba, E-Mart Plan $4 Billion JV in Korea
Alibaba Group Holding Ltd. agreed to merge its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online retail sector.
1 min
KKR to Lead Leap India's ₹535 Crore Funding
Leap India Pvt. Ltd, a storage and supply chain services provider that is majority-owned by private equity firm KKR, is raising ₹535 crore (around $62.7 million) in its latest funding round led by KKR, along with participation from Sixth Sense, First Bridge India, Madhurima International and Niveshaay Sambhav Fund, as well as a few angel investors.
1 min
AI, advanced robotics to transform highway building
The plan aims to speed up construction, reduce waste and improve ride quality, durability
2 mins
Japan's SMFG puts $350 million into Indian NBFC arm
Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue.
1 min
Miners, steel firms in limbo on tax uncertainty, weak prices
Mining and steel companies are caught between a rock and a hard place.
2 mins
Rupee plunges 12p to end at new low of 85.27 to dollar
The rupee weakened on a strong dollar and rising US treasury yields that are at the highest levels in seven months
2 mins
RBI committee to study global regulations on AI, identify risks
The eight-member panel will be chaired by Pushpak Bhattacharyya, professor from IIT Bombay
2 mins
Niche US films eye premium pricing
Footfalls are driven by content and the overall cinematic experience and not ticket prices alone, say experts
1 min
Court halts Rel AGM, blocks Burman offer
The high court's order follows a PIL aimed at protecting the interests of Rel's minority shareholders
2 mins
New India Manufacturing Era Beckons
With the global supply chains continuing to shift in India's favour as the world's largest businesses strike a new balance between resilience and efficiency, manufacturing has the potential to transform the economy, Tata Sons chairman N Chandrasekaran said.
1 min
Medtech firms bet on export
Local medical devices manufacturers look beyond borders to capitalize on the rising demand in global markets.
4 mins
JSW Group gets a copper lining to metals business
\"The idea is to venture into non-ferrous metals because copper will be in huge demand, be it from EVs (electric vehicles), the renewable grid, construction, home appliances, everything needs copper,\" one of the people cited above said. \"Today, India is a net importer. This is a critical start.\"
1 min
L&T Eyes 20% Growth in FY26
Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20% in the next fiscal year, with the company planning to double sales in the next five years.
1 min
Bank Cyberattacks Surge as Jan Security Deadline Nears
Banking institutions saw an average of 2,525 cyberattacks in the six months leading to Dec
2 mins
Small investors chase new fancy in unlisted avenue
The pre-IPO segment has been a significant driver of this surge, as investors flock to companies preparing for public listings.
1 min
Microsoft Is Forcing Its AI Assistant On People—And Making Them Pay
Like Other Tech Firms Playing Catch-Up in the AI Market, Copilot Has Struggled Against OpenAI's ChatGPT
2 mins
Trump's Tariff Plan to Hit Affordable Cars the Hardest
U.S. car industry has a 'big case of anxiety' about president-elect's proposed 25% tariff on Mexico, Canada imports
4 mins
BYD Slams Reports of Poor Conditions at Brazil Factory Site
Earlier in the week, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals at the site
1 min
India Must Envision and Develop Ambitious New Tourism Projects
Destination management can be enhanced by deploying technology
4 mins
FMCG cos brace for uncertain times, bet on premium craving
Income growth, better infra and digital adoption pushed the size of rural households' FMCG basket by 60% in two years
4 mins
OTTs Focus on Ad Model as a New Dominant Player Emerges
The party for content creators and writers may be over as commissioning of new original shows slows
3 mins
Re-releases save the day as Bollywood absent from theatres in 2024
Bollywood couldn't have been more conspicuous by its absence in movie theatres this year, with nearly the full April-June quarter going by without any big releases.
4 mins
Korea opposition moves to impeach acting president
South Korea's opposition party filed a motion to impeach acting President Han Duck-soo after he resisted pressure to appoint court judges who might increase the likelihood of removing President Yoon Suk Yeol from power.
2 mins
Israelis See Chance to Remake Middle East in War's Wake
Despite criticism over conduct of Gaza war, some see new diplomatic opportunities
4 mins
Branded hotels to grow 13-14% in FY25
Branded hotels in the country are likely to see double-digit revenue growth of 13-14% in 2024-25, and 11-12% in the next financial year on demand surge, a report said on Thursday.
1 min
Women voters outnumber men again in Lok Sabha polls: EC
As many as 646.4 million voters exercised their franchise in the Lok Sabha polls held earlier this year with women voters outnumbering men, according to statistical data released by the Election Commission (EC) on Thursday.
1 min
Haier to cross $1 bn in revenue in 2024
Haier Appliances India is set to cross the milestone of having a billion dollar revenue in 2024, helped by strong summers, festive season and ongoing trend of premiumization, and expects ₹11,500 crore revenue in 2025, its president NS Satish said on Thursday.
1 min
Trade, service sector leaders meet FM, plead for tax cuts
The discussions come at a time when the economy is grappling with slowing growth
1 min
CCPA Fines 3 UPSC Coaching Centres
The Central Consumer Protection Authority (CCPA) has imposed penalties totalling ₹15 lakh on three coaching institutes for making misleading advertisements about their success rates in civil services examinations, the government said on Thursday.
1 min
Top 7 cities' housing sales to fall 4% in '24
Housing sales are estimated to fall 4% this year in seven major cities to nearly 460,000 units on lower launches, while sales in value terms are up 16% to ₹5.68 trillion, according to Anarock.
1 min
Russia Rejects US' Truce Call in Ukraine
Rejecting the ceasefire, Russia says it's ready to hold negotiations on a peace agreement.
1 min
China Plans World's Largest Dam in Tibet
China has approved the construction of what will be the world's largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau that could affect millions downstream in India and Bangladesh.
1 min
CFA or CFP: What's Right for Your Financial Career Goal?
Exploring the career paths of CFA and CFP aspirants from diverse professional backgrounds
3 mins
Bridging the Insurance Gap for India's Self-Employed with Tech Solutions
Self-employed people struggle to access term insurance and other financial protections
2 mins
Hospital room rent caps: How dual policies can affect claims?
My corporate insurance policy includes a room rent cap for hospital stays, while my individual insurance policy does not. Will staying in a higher-category room affect my claim? —Name withheld on request
2 mins
Watch 'Industry': Delve into imaginary trading
This serial does what the film 'Wall Street' did. It reveals how grubby investment banking can be. But it also shows the power of money to bury hatchets and forge unlikely alliances
2 mins
A manufacturing sector revival is a must to uplift our economy
India requires structural changes that go beyond cosmetic policy tweaks to address the real issues
3 mins
How will US federal workers react to the wrath of DOGE?
They face hard choices. The US should heed past advice on reforms
3 mins
Do fashion collaborations give both brands an edge?
As more international brands look to partner with Indian creatives, a closer look at what will make these mergers truly meaningful
3 mins
End the year with music, art
A Mint guide to what's happening in and around your city
1 min
Purists Don't Want Bakers to 'Mess' With the Mince Pie
Some Brits believe jazzing up the festive treat, made of dried fruit and pastry, takes away its nostalgic value
2 mins
Mint Kolkata Newspaper Description:
Utgiver: HT Digital Streams Ltd.
Kategori: Newspaper
Språk: English
Frekvens: 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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