Mint Ahmedabad - March 07, 2025
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March 07, 2025
RE sector hit by weak demand, cancelled projects
India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.
1 min
Economy to Grow 6.5% in the Coming Fiscal Year: Crisil
India's economy is set to grow at a steady 6.5% in fiscal 2026, driven by strong domestic demand, despite global headwinds, including geopolitical uncertainties and US-led trade actions, Crisil forecast on Thursday.
1 min
Improved growth rate gives govt extra fiscal headroom
Revision in FY25 economic growth to 9.9% allows Centre to have slightly larger fiscal deficit
2 mins
IPCC Chair Bats For Local Climate Policies
Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation work
2 mins
PM Mudra Yojana disbursed ₹31.85 trillion since inception
The Centre has disbursed ₹31.85 trillion of the ₹32.61 trillion allocated under the Pradhan Mantri Mudra Yojana (PMMY) in the nearly 10 years since its launch until February 2025, indicating demand for credit among micro and small businesses, two people aware of the matter told Mint.
1 min
Sattva-Blackstone Files Draft Papers for Massive Reit IPO
Blackstone will own a 55% stake in the Reit while Sattva Group will hold the rest
2 mins
ECB cuts again, signals easing phase is nearing end
The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.
1 min
Stock market pandemonium: will history repeat itself?
Reversal now?
1 min
RBI to ask lenders to tighten gold loan processes
The central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry officials and those aware of the regulator's thinking, said.
1 min
Fresh insolvency claims crowd SpiceJet's runway
New legal battles could further complicate the cash-strapped airline's recovery
2 mins
Leap nears Prodigy buyout
The study-abroad platform is in late-stage talks to acquire fintech firm Prodigy Finance to expand its footprint
2 mins
US plans to revoke legal status of Ukrainian refugees
U.S. President Donald Trump's administration is planning to revoke temporary legal status for some 240,000 Ukrainians who fled the conflict with Russia, a senior Trump official and three sources familiar with the matter said, potentially putting them on a fast-track to deportation.
1 min
Nayara Energy to make buyback offer
Nayara Energy, India's biggest private fuel retailer, will make an offer to minority shareholders to buy back 25.9 million outstanding shares at ₹731 apiece, the firm said.
1 min
Amitava Mukherjee Named NMDC CMD
State-owned iron ore miner NMDC on Thursday announced the appointment of Amitava Mukherjee as its new chairman and managing director (CMD).
1 min
Govt gives aid to 12 mn TB patients
The government has disbursed ₹3,649 crore to 12.4 million tuberculosis (TB) patients to help them with a nutritional diet, key to treating the disease, according to the health ministry official overseeing India's TB control efforts.
1 min
Britannia's CEO Rajneet Kohli quits
Biscuit maker Britannia Industries said on Thursday that its chief executive officer Rajneet Singh Kohli has resigned after serving two-and-a-half years in the role.
1 min
Demand slowdown hurts auto sales in February: Fada
Automotive sales declined 7% year-on-year in February to 1,899,196 units, hurt by an over 6% fall in two-wheeler purchases to 1,353,280 units, Federation of Automobile Dealers Association (Fada) data showed on Thursday.
1 min
Ola Electric Secures PLI Incentives
Ola Electric, India's largest electric vehicle company, has become the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme).
1 min
'Expect compliance from fintech firms'
The Reserve Bank of India (RBI) asked fintech firms and digital payment companies to ensure responsible innovation and better compliance, even as it promised a more consultative approach.
1 min
NCLAT issues notice to Ambuja
The National Company Law Appellate Tribunal (NCLAT) has issued a notice to Ambuja Cements Ltd (ACL), an entity of the Adani Group, in response to a plea filed by Alok Sanghi, the former promoter of Sanghi Industries Ltd, which is now a subsidiary of ACL.
1 min
Taxpayers Pay ₹1k Cr in 'Trust First'
More than 30,000 taxpayers have declared foreign assets worth ₹29,208 crore following the Income-tax department’s special ‘Trust First’ campaign that urged them to report income earned overseas accurately, official sources said Thursday.
1 min
Assessment of reciprocal tariff hinges on India-US trade talks
For India, safeguarding its interests remains paramount in the negotiations, says FM
1 min
The markets challenged her—she mastered it
Despite massive losses in the Harshad Mehta scam, Shaligram refused to quit, turning lessons from the setback into a winning investment strategy
4 mins
Beyond Saving: Women Should Invest, Build and Secure Long-Term Wealth
Informed and disciplined investments, use of step-up SIPs are key to building wealth
3 mins
The state of our economy: Not as bright as GDP data may suggest
Official numbers present a mixed picture but India's economic scenario remains unsatisfactory
3 mins
India's tax authorities should make peace with its taxpayers
The relationship remains uneasy and this is crying out for reform
3 mins
Mint Ahmedabad Newspaper Description:
Uitgever: HT Digital Streams Ltd.
Categorie: Newspaper
Taal: English
Frequentie: 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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