Mint Kolkata - January 02, 2025
Mint Kolkata - January 02, 2025
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January 02, 2025
India's petroleum exports dip in Nov
During the April-to-November period, petroleum product exports amounted to $44.61 billion
2 mins
Meteorological dept says 2024 was India's hottest yr since 1901
The year 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degrees Celsius above the long-period average, the IMD said on Wednesday.
1 min
Judicial efficiency: Case clearance outstrips backlog for the first time
In a first across Indian courts, the number of cases disposed of in a year is higher than the number of cases pending, according to data from the National Judicial Data Grid (NJDG).
2 mins
Govt Clears ₹69,515 Cr Crop Insurance Outlay
The cabinet promised to keep prices of DAP stable at ₹1,350 per 50kg bag
2 mins
Commercial LPG, ATF prices lowered
ATF prices were cut on Wednesday after they were increased for two consecutive months
1 min
Mswipe Eyes International Market for Higher Margins
The payments fintech will enter Malaysia, Nepal, the UK and other markets to boost its biz
3 mins
Alibaba to Sell Sun Art Retail to DCP Cap for $1.6 Billion
Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.
1 min
Kati Patang to buy, incubate small alcohol biz to expand
Kati Patang has raised ₹25 cr year-to-date and additional ₹10 cr from existing investors from a share-swap deal
3 mins
Will Ola Electric Mobility's motorcycle bet pay off?
Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service.
2 mins
Should you avoid metal stocks in 2025?
While sectors like financials and information technology (IT) are stealing the spotlight with bullish predictions, metals seem to be the market's underdog.
2 mins
Rupee new worry for paint cos
The paint industry, long an oligopolistic stronghold with high entry barriers, is undergoing a shift.
2 mins
Small-film producers split streaming rights to maximize revenue
Platforms are also striking deals based on how many new subscriptions they hope to build from a title
2 mins
Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost
The adjusted gross revenue, on which levies are fixed by the govt, rose 13.11% to ₹75,310 crore, from ₹66,583 crore a year ago.
1 min
MFIN defers capping lenders
Microfinance Industry Network has reduced the number of lenders per borrower to 3, now effective 1 April
2 mins
Drug firms amp up hiring for top roles as growth beckons
West's diversification out of China, upcoming change of law in US set stage for growth
2 mins
Pushpa 2 and question of star liability
Even as Pushpa 2: The Rule cements its position as one of the biggest hits of all time in India, lead actor Allu Arjun has been embroiled in a massive controversy over a stampede during the screening of the Telugu film at Sandhya Theatre in Hyderabad where he was present, that led to the death of a woman and left her minor son critically injured.
2 mins
Sikhya eyes films for theatres, web originals
Sikhya, set up in 2008 and known for acclaimed films, has also started work on the next season of Gutar Gu
1 min
Carmakers Ride to Record Domestic Sales
SUV growth, rural demand played a key role in driving up car sales
2 mins
SEC Writes Off $10 Billion in Fines It Can't Collect
Paul Bilzerian has been on the run from the Securities and Exchange Commission for so long that he now owes the agency $180 million with interest—almost three times what a court initially ordered him to pay.
4 mins
The Five Biggest Roadblocks to Trump's Immigration Agenda
Donald Trump will confront funding, legal challenges to turn campaign rhetoric into policy
5 mins
Cease-fire deal between Hamas and Israel likely to elude Biden
Cease-fire talks between Palestinian militant group Hamas and the Israeli government have hit an impasse in recent days, Arab mediators said, making any deal unlikely before the end of the Biden administration.
3 mins
House prices may see modest growth
India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21% last year as developers are expected to boost new supply to match demand, according to experts.
1 min
Ultra Tech names new CEO for ICL
India Cements Ltd (ICL), now a subsidiary of UltraTech, has announced the appointment of new leadership for the company, following the exit of its former promoters including N. Srinivasan as managing director and chief executive officer from the South-based cement maker.
1 min
A-One Steels files DRHP with Sebi
Integrated steel manufacturer A-One Steels India has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹650 crore through an initial public offering (IPO).
1 min
Centre, states collect gross GST revenue of ₹1.76 tn in Dec
This was the lowest collection in 3 months but showed a rise of 7.3% from last year
1 min
Sasan Power pays $150 mn to IIFCL
Reliance Power on Wednesday said its arm Sasan Power Ltd has made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on 31 December 2024.
1 min
Markets rebound in first session of '25 on buying in blue-chips
Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade on Wednesday on buying in blue-chip stocks.
1 min
'Qcomm will rival ecomm in 2025'
The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and chief executive officer Aadit Palicha has asserted.
1 min
'Air India will raise its global coverage'
Air India chief Cambell Wilson says the airline has covered a lot of ground since privatisation.
1 min
Are diamonds forever? Insights from 22 years of zero-return saga
Diamonds, synonymous with luxury, captivate investors, but their investment potential tells a different story
4 mins
Our consumption study doesn't feed policy well
India's latest survey of household spending on consumption picks up significant trends but offers an unclear snapshot of upper-end expenses. Policy cues should be taken selectively
2 mins
The Union Budget Should Focus on Lifting Consumption Growth
That is key, since investments haven't picked up, but there may be little fiscal space for big tax cuts
3 mins
Manmohan's understated leadership set a fine example
His self-assured openness to all views was an inspiration for decision makers keen to resist groupthink
4 mins
Let's act now to create a resilient, adaptable and skilled workforce
Our demographic dividend, coupled with skills adapted for new opportunities, can give us a competitive advantage globally
3 mins
Abandon Myopic Policies for the Common Global Good
Policies of the US, China and India Should Prioritize Long-Term Gains and Their People Must Push for It
3 mins
Indian Art May Be Poised for a Global Breakthrough
After a strong 2024, with major works, discoveries and acquisitions on the international stage, the future looks bright for Indian art
3 mins
5 Contemporary Artists on the Books That Inspire Them
Leading Indian artists such as Shilpa Gupta, Anju Dodiya and Thukral & Tagra share their favourite recent reads
1 min
Smart gnomes, evil penguins and stop-motion
Wallace & Gromit are back for a full-length adventure with a familiar foe
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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