CATEGORIES

Mint Hyderabad

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.

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1 min  |
December 31, 2024
Mint Hyderabad

Syria Looks To Pick Up The Pieces Of Its Shattered Economy

The correct Lead is not extracted

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3 mins  |
December 31, 2024
Mint Hyderabad

India dreams: challenging

In charts: India grappled with a slowdown, climate crisis, rising pollution and more. The nation needs a well-defined road map to overcome these challenges

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2 mins  |
December 31, 2024
Mint Hyderabad

As Big As A Year Ends

Prices, political shifts, global uncertainties and more. The challenges in its quest to become a developed economy

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2 mins  |
December 31, 2024
Mint Hyderabad

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.

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2 mins  |
December 31, 2024
Mint Hyderabad

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.

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2 mins  |
December 31, 2024
Mint Hyderabad

Rising confidence to fuel Indian economy

RBI's FSR pegs real GDP growth for the current fiscal year at 6.6%

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2 mins  |
December 31, 2024
Mint Hyderabad

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.

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2 mins  |
December 31, 2024
Mint Hyderabad

Samhi gives old offices a luxury makeover

The hospitality firm is taking old offices on lease, turning them into hotels

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2 mins  |
December 31, 2024
Mint Hyderabad

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.

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2 mins  |
December 31, 2024
Mint Hyderabad

Capex plans, robust demand may keep KEI charged up

KEI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore via a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand in Gujarat, where it plans a ₹1,800-1,900 crore of capex (in phases) to increase its cable capacity. That is expected to generate additional revenue of ₹5,000 crore by FY28.

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1 min  |
December 31, 2024
Mint Hyderabad

Cement price pain not over yet

For the cement sector, two themes played out in 2024: rising consolidation and weakening prices.

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2 mins  |
December 31, 2024
Mint Hyderabad

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.

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3 mins  |
December 31, 2024
Mint Hyderabad

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%

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2 mins  |
December 31, 2024
Mint Hyderabad

Crafting Bharat: Deep-tech edition—with Fermbox Bio, at the forefront of precision fermentation

India's bioeconomy has witnessed phenomenal growth, surging from US$10 billion in 2014 to over US$130 billion in 2024.

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3 mins  |
December 31, 2024
Mint Hyderabad

Donald Trump's Return Sparks Hope for 2025 Deals Revival

Dealmakers say less regulation, lower interest rates and rising stock markets could fuel activity

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3 mins  |
December 31, 2024
Mint Hyderabad

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.

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1 min  |
December 31, 2024
Mint Hyderabad

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.

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1 min  |
December 31, 2024
Mint Hyderabad

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.

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1 min  |
December 31, 2024
Mint Hyderabad

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.

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2 mins  |
December 31, 2024
Mint Hyderabad

Centre asks states to ensure land to install wind projects

States, in turn, are looking to consolidate unutilized government land for wind power projects

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2 mins  |
December 31, 2024
Mint Hyderabad

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

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2 mins  |
December 30, 2024
Mint Hyderabad

How to Make 2025 the Best Year for Your Life

As the year draws to a close, the process of review and reset begins. It's time to take stock, course correct and plan for a future filled with career success, and better mental and physical health.

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5 mins  |
December 30, 2024
Mint Hyderabad

A daily habit to fight burnout at work and beyond

Prioritize what truly matters, suggests Borges India's head Vishal Gupta

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2 mins  |
December 30, 2024
Mint Hyderabad

Prospects for 2025 are visible in the end-of-year haze

India will have its hands full as the US and China clash, geopolitics thickens and AI impacts jobs

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3 mins  |
December 30, 2024
Mint Hyderabad

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

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6 mins  |
December 30, 2024
Mint Hyderabad

US consumer protections look likely to be deleted by Trump

Expect the financial sector's discomfort with them to win the day

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3 mins  |
December 30, 2024
Mint Hyderabad

Let's make the case for trade optimism globally

Globalization stares at further reversals even as India's economy needs an export-led boost. Advocacy of low-barrier trade would serve us well and honour Manmohan Singh's legacy

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2 mins  |
December 30, 2024
Mint Hyderabad

Why We're Lucky to Be Indians in Such a Terrible World

While much of the world reels under violence, India remains largely peaceful. Disturbances, if any, are rare

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4 mins  |
December 30, 2024
Mint Hyderabad

Dodging a middle-income trap may take extra-economic efforts

While India must allocate resources better and innovate, public trust and originality matter too

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3 mins  |
December 30, 2024