Mint Mumbai - January 01, 2025
Mint Mumbai - January 01, 2025
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January 01, 2025
India's K-shaped story: Will the script change in 2025?
Premium takes off, while mass market crawls. New Year may not be much different either
5 mins
Private universities swoop down at IITs for faculty roles
The Indian Institutes of Technology (IITs) have become fertile grounds for other universities to hire for professor roles to improve their global standings and meet faculty needs as they expand campuses.
2 mins
Cash heap spurs call for buybacks and dividends
A bunch of top companies is hanging on to almost ₹1 trillion of free cash that it has yet to find a use for, according to an analysis done by a proxy advisory firm.
2 mins
Companies May Up GenAI Spending By Half This Year
Companies worldwide are expected to spend 50% more on adopting generative AI (GenAI) technologies in 2025 compared to last year, according to a report from an American technology research and IT advisory firm.
3 mins
Delhi May Ban Fuel for Old Vehicles to Curb Air Pollution
The move comes amid Delhi's annual air quality crisis.
1 min
NPCI extends UPI volume cap compliance deadline
NPCI had earlier said no app could account for more than 30% of UPI transaction volumes
2 mins
2024 tough year for ad industry but the worst is behind us, says Khemka
Despite 2024's challenges, Khemka is optimistic about the year ahead, citing resilience in key sectors
1 min
Pristyn Care in talks for $100 mn in fresh funding
Several PE firms have expressed interest in ramping up allocations to healthcare sub-segments
1 min
RS panel to review CCI's commitment scheme
The Rajya Sabha's committee on subordinate legislation led by Milind Deora will review a scheme offered by the Competition Commission of India (CCI) in March allowing businesses to avoid anti-trust probes by making commitments to change their conduct, two persons privy to the development said.
1 min
FY25 fiscal deficit at ₹8.5 tn till Nov, hits 52% of target
Rising costs and higher spending on subsidies and public sector initiatives fuels deficit
2 mins
India's core sector growth at 4-month high of 4.3% in Nov
The rebound in manufacturing may significantly affect industrial production in November; data will be in by Jan
1 min
MGNREGS work demand reaches four-month high in December
The number of people seeking work every month under MGNREGS has been rising steadily since September
2 mins
Thermal coal imports up 9% this year
Imports of thermal coal, used for power generation, have increased by about 9% in the April-November of the ongoing fiscal year to 45 million tonnes, on higher procurement made by those power plants that operate solely on imported coal.
1 min
RIL's acquisitions: $13 bn spent in 5 yrs
Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.
1 min
Gold heads for biggest gain since 2010 in mixed year for metals
Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks.
1 min
Isro earned $427 mn from US, EU space missions in 10 years
The domestic space economy will be targeting a revenue of $44 billion by 2033
1 min
NaBFID invests ₹745 cr in NDR InvIT
The National Bank for Financing Infrastructure and Development (NaBFID) has invested ₹745 crore in long-term bonds issued by NDR InvIT, the company said on Tuesday.
1 min
Sebi introduces MF Lite framework
Index and exchange-traded funds (ETFs) to schemes sponsored by private equity funds will be eligible to be covered under the MF Lite framework on meeting certain conditions as the market regulator aims to simplify the operations of passively managed mutual funds.
1 min
Rupee declines to record closing low
The rupee declined to a record closing low for the sixth consecutive session on Tuesday, weighed down by a decline in most Asian currencies alongside expectations that it is headed for more losses in 2025.
1 min
Interest on PPF, NSC unchanged
The government on Tuesday left the interest rates unchanged on various small savings schemes, including Public Provident Fund (PPF) and National Savings Certificate (NSC), for the fourth straight quarter beginning 1 January 2023 and ending 31 March 2025.
1 min
Drugmaker Anthem files for IPO
Indian contract drugmaker Anthem Biosciences filed for a ₹33.95 billion ($397 million) initial public offering (IPO), draft papers showed on Tuesday, at the fag end of what has been a red-hot year for companies listing on the stock market.
1 min
Kirloskar cos to challenge Sebi
Four Kirloskar companies on Tuesday said they are preparing to legally challenge a letter by markets regulator Securities and Exchange Board of India (Sebi) asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on 11 September 2009.
1 min
IFC, others to take stake in FEPL
Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared the World Bank's IFC, Asian Development Bank (ADB) and German government's DEG proposal to acquire a stake in Fourth Partner Energy Ltd (FEPL).
1 min
Welcome to the AI near-future
A malevolent superintelligence will not be taking over the planet any time soon. But how the AI revolution plays out will depend on a series of races between the technology and human institutions. AI will remove humans from many combat roles, but it will also mean that any human in combat will be killed with extreme efficiency.
6 mins
AI has not yet destroyed democracy
With almost half the world's population going to the polls, 2024 was dubbed a super election year, leading many experts to warn of a coming flood of political disinformation.
3 mins
The world needs a pro-human AI agenda
Let's get real about AI.
6 mins
We need energy for AI, and AI for energy
In 1903, Mark Twain wrote that \"It takes a thousand men to invent a telegraph, or a steam engine, or a phonograph, or a photograph, or a telephone or any other important thing.\"
5 mins
Will the second Trump boom go bust?
What could Donald Trump's victory in the US presidential election mean for the American and global economies?
5 mins
An economic requiem for the Biden administration
The New York Times famously prepares obituaries for notable individuals well in advance of their death.
5 mins
Will the Guardrails of US Democracy Hold?
America's democratic institutions withstood, if only barely, Donald Trump's first presidency, but will they do so again?
4 mins
China's Economy Has Not Peaked
What happens to the world economy and global geopolitics in 2025 will depend significantly on China, the world's largest exporter and second-largest consumer market.
3 mins
Asean's second renaissance is now
Next year heralds a pivotal chapter for the Association of Southeast Asian Nations (Asean), with Malaysia assuming the chair.
3 mins
Will Stability Rise From Middle East Rubble?
Given the conflicts in Gaza and Lebanon, and the direct military exchanges between Israel and Iran, it seems hard to imagine any promising prospect for the Middle East in the coming year.
7 mins
Culture, memory and ravages of war
The ravages of war are never confined to the battlefield.
4 mins
When Russia fights the wrong enemy
Like Czar Nicholas II, Russian President Vladimir Putin has misidentified his primary foe.
3 mins
The uphill battle against poverty
As we look ahead to 2025, the international community's aspiration to end poverty warrants closer attention.
6 mins
A Triple Fiscal Crisis Periling Climate Action
Many developing economies are facing unsustainable debt, with 41.5% of budget revenues spent on debt service. The debt crisis is compounded by climate change and environmental degradation. Climate-related disasters and deforestation are undermining economic development and contributing to the 'climate debt' and 'nature debt'.
4 mins
Intel's Grim Lesson for Boeing: Sometimes Mr. Fix-It Is Too Late
One day, fickle investors are applauding business-school alumni for paying big dividends and slashing costs. The next, they're demanding that engineers take over to make up for lost innovation.
3 mins
Crypto Has an Ally in the White House. What's Ahead for Digital Currencies in 2025
Crypto die-hards are anticipating a golden age for digital assets under President-elect Donald Trump.
3 mins
Beijing Pushes to Use China-Made Chips in Its Electric Vehicles
Not long ago, almost all the chips in Chinese cars relied on manufacturing by foreign firms
4 mins
Mint Mumbai Newspaper Description:
Yayıncı: HT Digital Streams Ltd.
kategori: Newspaper
Dil: English
Sıklık: 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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