CATEGORIES

Mint Kolkata

RBI Chief Seeks To Improve Forecasts

Reserve Bank of India's (RBI) new governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

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1 min  |
January 10, 2025
Mint Kolkata

HMPV Is Not a New Pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

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1 min  |
January 10, 2025
Mint Kolkata

Adani group to sell 20% in Wilmar JV

Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.

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1 min  |
January 10, 2025
Mint Kolkata

Earthquake-hit Tibet calls off search

Authorities moved more than 45,000 people in Tibet to shelters in a massive rescue operation near the foot of the Himalayas, as they wound down the search in a high-altitude environment where the odds of survival were always slim.

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1 min  |
January 10, 2025
Mint Kolkata

Well-poised for 700 hotels by '30: IHCL

(IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

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1 min  |
January 10, 2025
Mint Kolkata

Centre to regroup about 1,200 medical devices for uniformity

The current size of India's medical devices sector is about $11 billion

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1 min  |
January 10, 2025
Mint Kolkata

Trump's NATO vision spells trouble for the alliance

Call for higher arms spending and threat of grabbing allies' land dial up pressure on members

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5 mins  |
January 10, 2025
Mint Kolkata

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

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3 mins  |
January 10, 2025
Mint Kolkata

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

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2 mins  |
January 10, 2025
Mint Kolkata

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

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1 min  |
January 10, 2025
Mint Kolkata

Mercedes Bets On Smaller Cities Amid Youth Spending

Luxury vehicles account for 1% of annual car sales of some 4 million units, growing at a fast pace in the market

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1 min  |
January 10, 2025
Mint Kolkata

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

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2 mins  |
January 10, 2025
Mint Kolkata

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

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2 mins  |
January 10, 2025
Mint Kolkata

TCS Revenue Dips on Muted US, Europe

Last year. While TCS does not offer revenue guidance, at the current pace, its performance will not be much better than last year, when revenue grew 4.1% on a yearly basis.

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2 mins  |
January 10, 2025
Mint Kolkata

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

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2 mins  |
January 10, 2025
Mint Kolkata

Beyond Snack raises $8.3 million in Series A funding

Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global chief executive of Reckitt Benckiser.

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1 min  |
January 10, 2025
Mint Kolkata

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

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2 mins  |
January 10, 2025
Mint Kolkata

Inflows into equity mutual funds jump 14% in December

The overall assets under management of mutual funds came at ₹66.93 tn as on 31 December 2024

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2 mins  |
January 10, 2025
Mint Kolkata

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

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2 mins  |
January 10, 2025
Mint Kolkata

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with immediate effect.

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2 mins  |
January 10, 2025
Mint Kolkata

Realty to see mixed Q3, hectic Q4

Easing burden Strong cash flows aided by robust sales has given listed realty companies room to deleverage.

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2 mins  |
January 10, 2025
Mint Kolkata

Indian Rupee NDF Volume Hits Record High on Arbitrage Activity

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140% from a year ago

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1 min  |
January 10, 2025
Mint Kolkata

Health is wealth: Investors tell startup founders, heads

Several board members and investors are pushing for more balance between work and life

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3 mins  |
January 10, 2025
Mint Kolkata

Tata Capital Healthcare Fund bets on Harsoria

Tata Capital Healthcare Fund, the healthcare and life sciences-focused private equity arm of financial services company Tata Capital Ltd, said Thursday it has invested in medical devices manufacturer Harsoria Healthcare Pvt Ltd.

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1 min  |
January 10, 2025
Mint Kolkata

Disparity in gold import numbers resolved, say officials

The government has found and resolved data discrepancies over gold imports, reducing the trade deficit in November from the previous $37.8 billion to about $32.8 billion, people familiar with the matter said on condition of anonymity.

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1 min  |
January 10, 2025
Mint Kolkata

E-way bill generation rebounds, signalling supply chain revival

The issuance of electronic permits, or e-way bills, required for shipping goods within and across states—a key indicator of economic activity—rebounded in December to 112 million, up from a five-month low of 101.8 million in November, according to GSTN, the platform that processes Goods and Services Tax (GST) returns.

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1 min  |
January 10, 2025
Mint Kolkata

Inflation Likely to Have Eased to 5.3% in Dec: Mint Poll

India's retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll.

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1 min  |
January 10, 2025
Mint Kolkata

Maha Kumbh: A feast for digi-fraudsters

Two weeks ago, the police booked four men operating fraudulent accommodation booking websites

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2 mins  |
January 10, 2025
Mint Kolkata

Fertilizer subsidy likely to stay at current level in FY26

Govt may stick to the allocation, as subsidy utilization in FY25 has followed anticipated trend

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2 mins  |
January 10, 2025
Mint Kolkata

How Bhansali Elevates The First Encounter

An excerpt from a new book on the Hindi director considers the importance of first sightings in Sanjay Leela Bhansali's cinema

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4 mins  |
January 09, 2025