Mint New Delhi - 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
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
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
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
Antitrust heat on fast-delivery firms
Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices, legal papers show.
1 min
Indian AI training platform goes live, GPU work begins
AI Kosh will be used to give startups approvals to access India AI Mission's 18,693 GPUs
2 mins
Stock market pandemonium: will history repeat itself?
Reversal now?
1 min
Fresh insolvency claims crowd SpiceJet's runway
New legal battles could further complicate the cash-strapped airline's recovery
2 mins
US Pushes for Greater Market Access for Agri Exports to India
US President Donald Trump on Wednesday reiterated that reciprocal tariffs would come into effect from 2 April
3 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
No US Tariffs on Mexican Goods Part of Trade Deal for a Month
U.S. President Donald Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement (USMCA) on trade until April 2, but made no mention of a reprieve for Canada despite his commerce secretary saying a comparable exemption was likely.
1 min
The Recession Trade Is Back On Wall Street
Losses have been particularly acute in sectors that investors view as sensitive to a slowdown, such as banks
3 mins
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
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
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
CorporatEdge bags ₹100 cr equity fund
CorporatEdge, which provides flexible workspaces to companies, has raised ₹100 crore from private equity firm Carpediem Capital for expansion of its business.
1 min
RBI Seeks Tighter Gold Loan Checks
The Reserve Bank of India (RBI) 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 sources and those aware of the regulator's thinking, said.
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
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
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
₹29,000 cr foreign assets disclosed
A compliance drive launched in November 2024 by the Central Board of Direct Taxes (CBDT), based on financial information received from foreign tax authorities, has led to more than 30,000 persons declaring previously unreported foreign assets worth ₹29,208 crore and additional foreign income of ₹1,090 crore, a person with direct knowledge of the matter 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
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
You don't really need a finance degree to excel in the stock market—ask Sapna Shaligram.
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 New Delhi Newspaper Description:
Uitgever: HT Digital Streams Ltd.
Categorie: Newspaper
Taal: English
Frequentie: Daily
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