CATEGORIES

Mint Mumbai

India, UAE sign deal on investments

India and the UAE concluded a bilateral investment agreement and also signed a framework agreement on the India-Middle East Economic Corridor (IMEC) during Prime Minister Narendra Modi's two-day visit to the Gulf nation.

time-read
1 min  |
February 14, 2024
Mint Mumbai

Centre to SC: Ready for talks with Kerala

The Union government informed the Supreme is prepared to engage with the Kerala government on the limits the Centre imposed on the state's borrowing powers.

time-read
1 min  |
February 14, 2024
Trading codes may push exports of unique non-basmati rice varieties
Mint Mumbai

Trading codes may push exports of unique non-basmati rice varieties

Government officials are working to assign internationally recogidentifiers-needed for all exports for some uncommon and unique Indian rice varieties so that they do not inadvertently fall into the dragnet of a sweeping export ban.

time-read
2 mins  |
February 14, 2024
Scientists to vet weather data, help farmers cut losses
Mint Mumbai

Scientists to vet weather data, help farmers cut losses

National Test House scientists will also evaluate crop loss data for compensation to be paid

time-read
2 mins  |
February 14, 2024
ED begins inquiry into Paytm bank
Mint Mumbai

ED begins inquiry into Paytm bank

India's premier economic intelligence agency, the Directorate of Enforcement (ED), has been roped in to check for suspected breaches at Paytm Payments Bank on a reference from the Reserve Bank of India (RBI), two officials aware of the development said.

time-read
2 mins  |
February 14, 2024
Malaysia's Gentari bags Fortum India solar projects
Mint Mumbai

Malaysia's Gentari bags Fortum India solar projects

Gentari Sdn Bhd, a unit of Malaysia's state-run oil and gas company Petronas, has emerged as the winning bidder for the Indian solar projects of Finland's Fortum Oyj, totalling 185MW, two people aware of the development said.

time-read
2 mins  |
February 14, 2024
Tesla seeks Indian partner for rooftop solar panel venture
Mint Mumbai

Tesla seeks Indian partner for rooftop solar panel venture

Electric carmaker Tesla Inc. is scouting for local partners to make its rooftop solar panels in India, a person aware of the matter said.

time-read
2 mins  |
February 14, 2024
Go Digit IPO gets Irdai go-ahead
Mint Mumbai

Go Digit IPO gets Irdai go-ahead

The insurance regulator has approved Go Digit's plan for a public share sale, two people aware of the development said, after faulting the digital insurer last year over a non-disclosure.

time-read
2 mins  |
February 14, 2024
New avatar likely for compensation cess
Mint Mumbai

New avatar likely for compensation cess

The goods and services tax (GST) compensation cess expiring in March 2026 or before may be replaced with a new levy, if the GST Council feels more revenue is needed, two officials aware of discussions between the Centre and states said.

time-read
2 mins  |
February 14, 2024
Farmers clash with cops in Delhi march
Mint Mumbai

Farmers clash with cops in Delhi march

Push for MSP meets barricades, tear gas and rubber bullets

time-read
1 min  |
February 14, 2024
India is vying with Vietnam to attract global manufacturers
Mint Mumbai

India is vying with Vietnam to attract global manufacturers

New Dethi should reconsider tariffs in support of Make in India’

time-read
3 mins  |
February 13, 2024
Amnesia over America's banking crisis of 2023 may prove perilous
Mint Mumbai

Amnesia over America's banking crisis of 2023 may prove perilous

Itis not good for capitalism when bankers and others who knowingly take risks pay no price when such a risk materializes

time-read
4 mins  |
February 13, 2024
Mint Mumbai

The white paper we got wasn't the one needed urgently

There's a glaring disconnect between India's self-congratulatory narrative on the economy and official growth estimates. India's economic growth is the fastest.

time-read
3 mins  |
February 13, 2024
A receding El Niño could help ease food inflation
Mint Mumbai

A receding El Niño could help ease food inflation

The likelihood of El Niño easing by monsoon time has risen. With luck, rainfall will relieve inflationary pressures and help our central bank achieve the price stability it's aiming for

time-read
2 mins  |
February 13, 2024
Can I revise my claim to get DTAA benefit?
Mint Mumbai

Can I revise my claim to get DTAA benefit?

I have filed the tax return for assessment year (AY) 2023-24 before the due date. Recently, I came to know that I could have claimed refund for the capital gain tax on mutual funds as per the DTAA (double taxation avoidance agreement) with UAE.

time-read
1 min  |
February 13, 2024
Bitcoin's bounce doesn't settle the biggest worries about crypto
Mint Mumbai

Bitcoin's bounce doesn't settle the biggest worries about crypto

Digital currencies are back, at least if you ask the crypto faithful. The US Securities and Exchange Commission has at last approved Bitcoin fundswith a hard nudge from the courts.

time-read
2 mins  |
February 13, 2024
Should investors lap up or ignore SBI Energy Opportunities Fund?
Mint Mumbai

Should investors lap up or ignore SBI Energy Opportunities Fund?

India’s largest fund house, SBI Mutual Fund, has launched a thematic fund to bet on the country’s energy segment

time-read
3 mins  |
February 13, 2024
WILL TATA'S CURVV BALL STRIKE OUT HYUNDAI?
Mint Mumbai

WILL TATA'S CURVV BALL STRIKE OUT HYUNDAI?

Tata Motors needs an extra something to end the Korean company’s 15-year run as the No. 2 in India’s PV market.

time-read
9 mins  |
February 13, 2024
Mint Mumbai

PM Modi's Qatar visit to focus on bilateral ties, regional issues

The visit’s announcement coincides with Qatar’s release of eight Indian navy veterans

time-read
1 min  |
February 13, 2024
How the world economy learned to love chaos
Mint Mumbai

How the world economy learned to love chaos

Central banks have embarked monetary on austere policy to crush inflation. Worries about the financial system, from bond markets to commercial property to the health of the banks, are everpresent.

time-read
2 mins  |
February 13, 2024
Permian rivals reach deal to create $50 billion oil-and-gas behemoth
Mint Mumbai

Permian rivals reach deal to create $50 billion oil-and-gas behemoth

Rivals Diamondback Energy and Endeavor Energy Resources are merging to create an oil-and-gas behemoth worth more than $50 billion, as higher oil prices and a rush to grab prime acreage fuel consolidation in the energy sector.

time-read
2 mins  |
February 13, 2024
Saudi Arabia cites energy transition for oil capacity U-turn
Mint Mumbai

Saudi Arabia cites energy transition for oil capacity U-turn

Saudi Arabia's U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare capacity to cushion the oil market.

time-read
1 min  |
February 13, 2024
AI is starting to threaten white-collar jobs. Few industries are immune.
Mint Mumbai

AI is starting to threaten white-collar jobs. Few industries are immune.

Leaders say the fast-evolving technology means many jobs might never return

time-read
4 mins  |
February 13, 2024
SpiceJet laying off 15% staff to save 100 crore per year
Mint Mumbai

SpiceJet laying off 15% staff to save 100 crore per year

The layoffs have begun, and will hit employees in all categories of operations, except pilots

time-read
2 mins  |
February 13, 2024
Court strikes right note for music industry, but grey areas remain
Mint Mumbai

Court strikes right note for music industry, but grey areas remain

The recent Bombay High Court judgement upholding the authority of Phonographic Performance Ltd (PPL) and Novex Communications Pvt Ltd to issue licences as copyright owners could pave the way for royalties for playing music at weddings, restaurants, and other public places.

time-read
2 mins  |
February 13, 2024
'Keyboard will now become AI keyboard, pen an AI pen'
Mint Mumbai

'Keyboard will now become AI keyboard, pen an AI pen'

Qualcomm Technologies is successfully transitioning from a communications-based to a connected-computing firm, said Alex Katouzian, senior vice-president and general manager of the US company's mobile, personal computing, voice, music, wearables, and extended reality (XR) business units.

time-read
3 mins  |
February 13, 2024
'Good firms always on right side of regulation'
Mint Mumbai

'Good firms always on right side of regulation'

Whatever RBI comes up with, it has a good reason for it, says Bhargava

time-read
2 mins  |
February 13, 2024
'Vedanta to produce cheapest aluminium'
Mint Mumbai

'Vedanta to produce cheapest aluminium'

Vedanta, the largest aluminium producer in India, will soon become the lowest-cost producer of the silver-white metal in the world as the company works on backward integration of its supply chain, including acquisition of more coal mines, according to John Slaven, the chief executive of the company's aluminium business.

time-read
1 min  |
February 13, 2024
GSK India arm's profit in Q3 falls on government price cap
Mint Mumbai

GSK India arm's profit in Q3 falls on government price cap

GlaxoSmithKline Pharmaceuticals, the Indian unit of the UK's GSK, reported a 3% fall in third-quarter profit on Monday, hurt by the government's pricing cap on certain medicines.

time-read
1 min  |
February 13, 2024
Mint Mumbai

Sebi ups scrutiny of IPO docs

The market regulator Securities and Exchange Board of India (Sebi) is increasing scrutiny of issue documents filed by companies going public, four people said on Monday, amid a rise in initial public offerings (IPOs) in the Indian market.

time-read
1 min  |
February 13, 2024