CATEGORIES

The Progressive Moment That Defined Global Politics for Two Decades Is Over

Weak economic growth, record immigration and growing rejection of traditional parties are driving gains by the right, especially populists

Brisk hiring set to continue next year

Outlook stays positive for employees and employers in the Year of the Snake, which represents flexibility, growth and change

Businesses Must Prepare for Tougher Regulations in 2025

GST authorities demanded ₹803 crore from Zomato, while Volkswagen faced a $1.4 billion tax evasion notice

Indian airlines may see fewer aircraft joining their fleets in the year ahead

The revival of the grounded fleet, which is around 90 in India, is an important area to focus on in 2025, experts say

All signs point to a spurt in luxe homes

Real estate developers are keen on premium, luxury and ultra-luxury apartments even as the share of affordable housing takes a dip

Investors Question PIL That Led to Stay on Religare AGM

Key shareholders dispute premise that ownership will be concentrated in the hands of a few

Loans for EVs no longer risky: Shriram Finance's Revankar

Financing electric vehicle (EV) purchases is no longer risky compared with about five years ago, as more established players are now manufacturing such vehicles and the zero-emission mobility ecosystem has grown in the country, Shriram Finance's executive vice-chairman Umesh Revankar said.

Drivers of Brand Desire Among New-Age Consumers

Brand desire is instinctive to a brand, yet it must be consciously sought

Positive on stocks' long-term potential

Devina Mehra, founder of First Global, is optimistic about the long-term growth potential of India's stock market.

Consumer goods companies turn their focus to rural hiring

Recruitment firms estimate that FMCG companies have ramped up hiring in rural markets by 10-15% in FY25

PSB Headcount Slips to 13-Year Low

Between FY17 and FY24, PSBs lost more than 100,000 employees even as staff in the banking sector increased

Investors in tech stocks unfazed by bleak growth

Shares of TCS and Infosys were up 9.5% and 24% between 1 January and 27 December, as against a 9% return on Sensex-30. Stocks of HCL and Tech Mahindra were up 30% and 35%, while Wipro's shares fell 35%.

After a bad year for bonds, investors lose faith in a turnaround

Wall Street investors entered each of the past two years brimming with optimism about U.S. Treasurys and other types of high-quality debt. Each time, they were disappointed.

Funding slows in closing week of 2024

Overall funding activity in the last week of the year was quieter, slipping to almost one-third of last week's funding value, data collated by VCCircle showed.

Stakeboat to buy stake in Botanic Healthcare

Mumbai-based id-market private equity (PE) firm Stakeboat Capital, which invests in healthcare, life science and manufacturing companies, signed an agreement to acquire a minority stake in a botanical extracts company, two people aware of the development told VCCircle.

Fintechs Turn Favorites for Venture Debt Firms in 2024

Regulatory curbs, uncertainty in the fintech landscape kept venture equity capital at bay

Building AI Strategy a Challenge: TCS CTO

Vin said TCS is using its R&D expenditure to develop solutions that make AI more palatable to enterprises

Economy in FY25 to grow at 6.5-6.8%, says Deloitte

The economy is likely to grow at 6.5-6.8% this fiscal year and slightly higher between 6.7-7.3% in FY26, boosted by domestic consumption, Deloitte said on Sunday.

A PM Who Kept His Words Few and Work Eloquent

Loudmouth politicians spent energies trying to prove Singh was weak. He wasn't

Night Safaris in Zoos, Backed by Global Tech Expertise, to Give Rare Glimpse

You may no longer need a forest reserve to experience a night safari—zoos might do the trick.

CII seeks excise duty cut in fuel, hike in minimum wages

Selling price of petrol and diesel was last revised in March by govt-owned oil marketing cos

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

Le Sutra to focus on artisanal offerings

Founder Rahul Bajaj said the company is targeting a 25% revenue increase by 2028 as part of its growth strategy

UltraTech to acquire minority stake in Star Cement

Leading cement producer UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

India's Textile Exports: A Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

A Visionary

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.