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Mint Mumbai

Tomato prices plunge 22% in a month after October surge

After prolonged rains in India's southern states pushed tomato prices up last month, the all-India average price has plunged over 22% as supply revived and climatic conditions became more favourable for the crop.

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1 min  |
November 18, 2024
India adopts global CubeSat standard
Mint Mumbai

India adopts global CubeSat standard

India has adopted the global standard for CubeSat—a class of small satellites—as part of the Union government's efforts to expand the country's share in the global space economy, two people aware of the development said.

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1 min  |
November 18, 2024
Centre to scrap windfall levy as crude prices cool
Mint Mumbai

Centre to scrap windfall levy as crude prices cool

Decision guided by the government's view that the tax has outlived its utility

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2 mins  |
November 18, 2024
Green steel may get a push with output, purchase mandates
Mint Mumbai

Green steel may get a push with output, purchase mandates

The Centre is working on green steel mandates for the local steel industry, supported by government procurement and financial incentives, as the world's second-largest maker of the alloy seeks to prepare the sector for the future.

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2 mins  |
November 18, 2024
RBI action on personal loans, KYC takes toll on off-roll work
Mint Mumbai

RBI action on personal loans, KYC takes toll on off-roll work

The Reserve Bank of India's (RBI) push for stricter compliance with know-your-customer (KYC) norms, and its crackdown on the surge in personal loans have had an unlikely fallout: a dip in demand for off-roll workers.

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2 mins  |
November 18, 2024
Investors are betting on a market melt-up
Mint Mumbai

Investors are betting on a market melt-up

A roaring market rally since the U.S. presidential election has driven up the price of everything from shares of technology and manufacturing giants to cryptocurrencies.

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4 mins  |
November 18, 2024
India in economic sweet spot, inflation to moderate: Moody's
Mint Mumbai

India in economic sweet spot, inflation to moderate: Moody's

India's economy is in a sweet spot and its inflation is expected to moderate despite a temporary spurt, Moody's said, projecting optimism about the country's growth prospects despite recent underwhelming data.

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2 mins  |
November 16, 2024
Incentive engine to drive modern ships
Mint Mumbai

Incentive engine to drive modern ships

Subsidies for green, high-tech ships under ₹18,000 cr policy

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2 mins  |
November 16, 2024
Cement firms wage war on costs as competition soars
Mint Mumbai

Cement firms wage war on costs as competition soars

India's cement makers who once flexed their pricing muscles are caught in a bruising price war, eroding margins at a time of rising demand.

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3 mins  |
November 16, 2024
Saudi Arabia doesn’t have enough money for its futuristic city
Mint Mumbai

Saudi Arabia doesn’t have enough money for its futuristic city

The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.

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4 mins  |
November 16, 2024
EV adoption is a marathon, not a sprint: Audi India
Mint Mumbai

EV adoption is a marathon, not a sprint: Audi India

The slowdown in electric vehicle (EV) sales is temporary, and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies.

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2 mins  |
November 16, 2024
India's trade gap with China soars in Apr-Oct
Mint Mumbai

India's trade gap with China soars in Apr-Oct

The country's green transition increases reliance on Chinese imports

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2 mins  |
November 16, 2024
14 nations eye India's generic drug model
Mint Mumbai

14 nations eye India's generic drug model

Countries will specify their requirements, with HLL and MEA coordinating with them for the pharma exports

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1 min  |
November 16, 2024
India urges $1.3 tn annual climate grant
Mint Mumbai

India urges $1.3 tn annual climate grant

Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.

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2 mins  |
November 16, 2024
Over 600 mn cyberattacks daily, AI can secure devices
Mint Mumbai

Over 600 mn cyberattacks daily, AI can secure devices

Microsoft is developing a password-free authentication process to eliminate the risk of breaches

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2 mins  |
November 16, 2024
Small businesses ramping up cybersecurity, thanks to AI
Mint Mumbai

Small businesses ramping up cybersecurity, thanks to AI

Rising AI adoption is helping cybersecurity providers hike their marketable base in India

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3 mins  |
November 16, 2024
Mint Mumbai

SBI set to raise $1.25 bn, India's biggest bank loan of 2024

State Bank of India plans to borrow up to $1.25 billion, in what would be the largest dollar-denominated loan from the country's financial sector this year, said two people in the know.

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1 min  |
November 16, 2024
Festival retail auto sales up 12%: Fada
Mint Mumbai

Festival retail auto sales up 12%: Fada

Festive period sales from 3 Oct to 13 Nov came in at about 4.3 mn units, compared to last year's 3.8 mn units

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1 min  |
November 16, 2024
AI's expanding role comes with its own set of risks
Mint Mumbai

AI's expanding role comes with its own set of risks

The rapid rise of artificial intelligence (AI), with millions using generative tools like chatbots and image generators, comes with a hefty price.

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2 mins  |
November 16, 2024
Mint Mumbai

Disney aims $1 bn profit in streaming in new fiscal

Old Hollywood is finally doing what Netflix Inc. has been doing for over a decade: making money from streaming.

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1 min  |
November 16, 2024
Berkshire Hathaway takes a small stake in Domino's Pizza
Mint Mumbai

Berkshire Hathaway takes a small stake in Domino's Pizza

Buffett's investment firm also discloses new position in Pool Corp., cuts stake in Capital One

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2 mins  |
November 16, 2024
Mint Mumbai

Review Starlink, Kuiper reach: RIL

RIL has asked the telecom regulator to review the potential reach of Starlink, Kuiper before awarding satellite spectrum

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1 min  |
November 16, 2024
Educating Americans about the reality Of Israel
Mint Mumbai

Educating Americans about the reality Of Israel

A decade ago, in June 2014, The Atlantic published The Case for Reparations, Ta-Nehisi Coates's much-lauded essay about housing and financial discrimination against African Americans.

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4 mins  |
November 16, 2024
Alloys, spices and the endless search for home
Mint Mumbai

Alloys, spices and the endless search for home

Two recent works of speculative fiction explore the idea of finding home—here on Earth and away from it

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3 mins  |
November 16, 2024
'I said the tone needs to be a thriller'
Mint Mumbai

'I said the tone needs to be a thriller'

Nikkhil Advani on presenting a personal side to great leaders and determining the tone of his new series, 'Freedom at Midnight'

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4 mins  |
November 16, 2024
Chaos and creation in the artist's studio
Mint Mumbai

Chaos and creation in the artist's studio

William Kentridge's 'Self-Portrait as a Coffee-Pot' is a brilliant dissection of his creative practice

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4 mins  |
November 16, 2024
Looking for that perfect beach along the NH66
Mint Mumbai

Looking for that perfect beach along the NH66

With its picturesque towns, villages and views of the sea, the NH66 symbolises escape, discovery and hope

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4 mins  |
November 16, 2024
Beaune showcases Burgundy's legacy of wine, art and culture
Mint Mumbai

Beaune showcases Burgundy's legacy of wine, art and culture

With historic cellars, medieval architecture and fantastic dining options, Beaune offers more than just fine wines

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5 mins  |
November 16, 2024
What the IPL auction holds for franchises
Mint Mumbai

What the IPL auction holds for franchises

Player retentions revealed their thinking; now team owners have to make the most of what remains in the purse

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4 mins  |
November 16, 2024
Donald Trump has got the driver swing
Mint Mumbai

Donald Trump has got the driver swing

It looks wild, but President elect Donald Trump is totally in control of his golf swing

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5 mins  |
November 16, 2024