CATEGORIES

Qatar sentences eight Indians to death; govt weighs options
Mint Mumbai

Qatar sentences eight Indians to death; govt weighs options

Penguin Random House India in a statement said that Former Reserve Bank of India (RBI) governor Raghuram Rajan's new book in collaboration with fellow economist Rohit Lamba, 'Breaking the Mould: Reimagining India’s Economic Future,' will be released on 7 December.

time-read
1 min  |
October 27, 2023
Banks must resolve complaints in 30 days or pay fine
Mint Mumbai

Banks must resolve complaints in 30 days or pay fine

The Reserve bank of India (RBI) on Thursday told lenders, financial institutions and credit bureaus to resolve complaints filed by customers within 30 days or pay a fine of ₹100 per day.

time-read
2 mins  |
October 27, 2023
Pricey kharif pulses deter procurements this season
Mint Mumbai

Pricey kharif pulses deter procurements this season

Agriculture ministry unable to pick up moong, urad; erratic monsoon impacted output

time-read
2 mins  |
October 27, 2023
India's Vostok plan slows as US firms skip Russia
Mint Mumbai

India's Vostok plan slows as US firms skip Russia

India’s plans to invest in a massive Rosneft project in Vostok have stalled as American consultants who conduct third-party studies and due diligence stay off the sanctions-hit Russian Federation, two officials aware of the development said.

time-read
2 mins  |
October 27, 2023
Sebi proposes new high-risk MFs for wealthy investors
Mint Mumbai

Sebi proposes new high-risk MFs for wealthy investors

The Securities and Exchange Board of India (Sebi) has sought inputs from members of the Association of Mutual Funds in India (Amfi) on a proposed new mutual fund category targeted at wealthy investors with high-risk appetite, two people familiar with the development said.

time-read
1 min  |
October 27, 2023
Mint Mumbai

Blood on street for sixth day in a row

FPIs continue to sell; HDFC Bank leads fall in benchmarks

time-read
2 mins  |
October 27, 2023
The Digital Economy In India May Not Be Such An Unmixed Blessing
Mint Mumbai

The Digital Economy In India May Not Be Such An Unmixed Blessing

Cases like the rise and fall of Byju's show that e-businesses have classic economic realities to face as the covid shock wears off

time-read
4 mins  |
October 26, 2023
Gaming, Gambling Firms Sent Notices For ₹1 Trn GST Dues
Mint Mumbai

Gaming, Gambling Firms Sent Notices For ₹1 Trn GST Dues

Online gaming platforms and casinos have been sent show-cause notices to reclaim over ₹1 trillion in goods and services tax (GST), but the recovery of the amount will depend on what the Supreme Court decides on the dispute, a government official said on Wednesday.

time-read
1 min  |
October 26, 2023
The US Fed can help stabilize the market for Treasury bonds
Mint Mumbai

The US Fed can help stabilize the market for Treasury bonds

America's central bank could reduce volatility if it wants to do so

time-read
3 mins  |
October 26, 2023
Honda, GM scrap $5 bn plan to jointly develop cheaper EVs
Mint Mumbai

Honda, GM scrap $5 bn plan to jointly develop cheaper EVs

Honda Motor and General Motors (GM) are scrapping a plan to jointly develop affordable electric vehicles (EVS), the companies said on Wednesday, just a year after they agreed to work together in a $5 billion effort to try to beat Tesla in sales.

time-read
1 min  |
October 26, 2023
Developing a school culture can do much to mould students well
Mint Mumbai

Developing a school culture can do much to mould students well

The NCF lays special emphasis on it to foster a good learning environment and boost performance

time-read
3 mins  |
October 26, 2023
India's growth must not be taken as inevitable
Mint Mumbai

India's growth must not be taken as inevitable

S&P Global Market Intelligence has published an impressive forecast for our economy in 2030, but policymakers must take care not to squander advantages of labour and capital

time-read
2 mins  |
October 26, 2023
Israel targets southern Gaza
Mint Mumbai

Israel targets southern Gaza

Hundreds of thousands had earlier fled to the region after Israel said it would attack the north to wipe out Hamas

time-read
2 mins  |
October 26, 2023
A third of smartphone buying likely to be financed this year
Mint Mumbai

A third of smartphone buying likely to be financed this year

In 2023, one-third of smartphone sales in India is projected to be financed, seeing a notable increase from 25% in 2022 and 18% in 2021, driven by brands offering attractive schemes in response to a surge in festive season purchases.

time-read
2 mins  |
October 26, 2023
Daewoo eyes consumer electronics mkt
Mint Mumbai

Daewoo eyes consumer electronics mkt

Daewoo is set to return to India but not as an automaker. In its new innings, the South Korean manufacturer of appliances and consumer electronics will offer power and energy storage solutions, and eventually expand its offerings to electrical products including kitchen and home appliances, besides e-bikes, a top company official told Mint on Wednesday.

time-read
2 mins  |
October 26, 2023
TechM profit drops in worst quarter in 5 yrs
Mint Mumbai

TechM profit drops in worst quarter in 5 yrs

Net profit fell 29.3% sequentially, and by a whopping 62.5% from last year

time-read
2 mins  |
October 26, 2023
OrbiMed raises $4.3 bn for seed, growth bets
Mint Mumbai

OrbiMed raises $4.3 bn for seed, growth bets

Corpus to invest in healthcare, life sciences companies worldwide

time-read
2 mins  |
October 26, 2023
Buyers' apathy, change in IBC spur Go First liquidation fear
Mint Mumbai

Buyers' apathy, change in IBC spur Go First liquidation fear

All eyes on HC verdict, govt clarification; lenders to seek extension of the resolution deadline

time-read
3 mins  |
October 26, 2023
NSE stock king of unlisted universe; monthly turnover tops $300 mn
Mint Mumbai

NSE stock king of unlisted universe; monthly turnover tops $300 mn

Shares of the National Stock Exchange (NSE), India’s biggest bourse, are among the most sought-after among unlisted companies, with the average monthly turnover topping $300 million in off-market trading, wealth managers and investment bankers said.

time-read
2 mins  |
October 26, 2023
Mint Mumbai

Havells, Voltas trip on valuations

In a seasonally lean quarter, Havells India Ltd and Voltas Ltd’s air conditioner segments put up a good show on the revenue front in the September quarter (Q2FY24).

time-read
2 mins  |
October 26, 2023
Mint Mumbai

New EPF additions lower than in FY19

The number of new Employee Provident an indicator of new formal jobs -has recovered from the pandemic years but is yet to reach pre-pandemic levels, the National Statistical Office (NSO) said.

time-read
1 min  |
October 26, 2023
ADB okays $400 million India loan to improve urban services
Mint Mumbai

ADB okays $400 million India loan to improve urban services

The Asian Development Bank (ADB) has approved a $400 million policy-based loan to India, aimed at backing urban reforms by way of boosting infrastructure quality, providing assured public services and efficient governance systems, the multilateral development bank said in a statement.

time-read
1 min  |
October 26, 2023
Mint Mumbai

India's steel use bucks global slump to rise 15% in first half

Infrastructure thrust drives consumption growth; steel production rises 13.6% in Hl

time-read
2 mins  |
October 26, 2023
Govt appoints BCG to ready vision 2047 blueprint
Mint Mumbai

Govt appoints BCG to ready vision 2047 blueprint

The government has hired Boston Consulting Group (BCG) to help prepare the Vision 2047 document that will set India’s medium-term goals and priorities for becoming a developed economy in the next quarter of a century, two people aware of the development said.

time-read
2 mins  |
October 26, 2023
FPI, retail outflows may extend stock market correction
Mint Mumbai

FPI, retail outflows may extend stock market correction

Indian stocks extended their decline for a fifth straight session on sustained selling by foreign and retail direct investors amid rising bond yields in the US, the Israel-Hamas war, which is now threatening to engulf other countries, and rising crude prices. Market experts expect stocks to fall further.

time-read
2 mins  |
October 26, 2023
Lower prices trigger fertilizer subsidy cut
Mint Mumbai

Lower prices trigger fertilizer subsidy cut

Cabinet approves 22,303 cr fertilizer subsidy for winter crops

time-read
2 mins  |
October 26, 2023
Meet Kishore Kumar Jena, India's other javelin star
Mint Mumbai

Meet Kishore Kumar Jena, India's other javelin star

Fresh off his high of winning silver at the Asian Games, Jena speaks to Mint about his extraordinary year

time-read
4 mins  |
October 25, 2023
World Cup teams need to adapt tactics or perish
Mint Mumbai

World Cup teams need to adapt tactics or perish

The World Cup's diverse venues are forcing teams to be adaptable in terms of tactics. This is why England is struggling and Afghanistan thriving

time-read
4 mins  |
October 25, 2023
Amazon managers should not need face time for supervision
Mint Mumbai

Amazon managers should not need face time for supervision

The company should reconsider its effort to force office attendance

time-read
3 mins  |
October 25, 2023
Why the Israel-Palestine conflict is unlikely to end in our lifetime
Mint Mumbai

Why the Israel-Palestine conflict is unlikely to end in our lifetime

Geopolitical interests are ranged against each other in such a way that the constituency for peace is left tragically powerless

time-read
4 mins  |
October 25, 2023