CATEGORIES

Dabur needs to power up its plan
Mint Mumbai

Dabur needs to power up its plan

Overall, a key strategy across segments includes strengthening the core and boosting the addressable market by expanding into new adjacencies through power platforms.

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1 min  |
September 19, 2023
ADIA raises India exposure, invests in CMS Info, others
Mint Mumbai

ADIA raises India exposure, invests in CMS Info, others

The Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund representing the emirate of Abu Dhabi in UAE and one of the largest among its global peers, has added at least three new companies to its portfolio basket, just months after inking a large transaction in the private market committing $500 million to eyewear brand Lenskart.

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1 min  |
September 19, 2023
EMPOWERING OUR ARTISANS FOR ROBUST GROWTH
Mint Mumbai

EMPOWERING OUR ARTISANS FOR ROBUST GROWTH

The Prime Minister Vishwakarma Yojana, which was launched on Sunday to strengthen traditional artisans and craftspeople, will not only have an affirmative impact on the lives of millions of Indians, but also contribute enormously to economic growth.

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2 mins  |
September 19, 2023
IIT-Delhi seeks to draw young engineers with new curriculum
Mint Mumbai

IIT-Delhi seeks to draw young engineers with new curriculum

Indian Institute of Technology (IIT)-Delhi is overhauling its syllabus after a decade to weave in sustainability and bring in flexibility in engineering courses to engage the younger generation.

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2 mins  |
September 19, 2023
CIL, NHPC may convert old mines to pump storage
Mint Mumbai

CIL, NHPC may convert old mines to pump storage

State-run Coal India Ltd and India’s largest hydropower company NHPC Ltd may join hands to explore the possibility of converting abandoned or closed mines into pump storage projects (PSP).

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2 mins  |
September 19, 2023
Pulse holding rule may last till end Dec with tighter limit
Mint Mumbai

Pulse holding rule may last till end Dec with tighter limit

Stockholding limits in tur and urad may be extended till year end to boost domestic supply

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3 mins  |
September 19, 2023
Why a soft landing for the US economy could prove elusive
Mint Mumbai

Why a soft landing for the US economy could prove elusive

On the eve of recessions in 1990, 2001 and 2007, many Wall Street economists proclaimed the U.S. was on the cusp of achieving a soft landing, in which interest-rate increases corralled inflation without causing a recession.

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5 mins  |
September 19, 2023
Cabinet clears historic women's reservation bill
Mint Mumbai

Cabinet clears historic women's reservation bill

The Union cabinet led by Prime Minister Narendra Modi has approved the constitution amendment bill to provide reservations for women in Parliament and state assemblies, paving the way for the introduction of the historic bill in the ongoing special session of Parliament, officials said.

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3 mins  |
September 19, 2023
Disney India sale draws interest from companies, including RIL
Mint Mumbai

Disney India sale draws interest from companies, including RIL

Walt Disney Co. has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani's Reliance Industries Ltd (RIL), according to people familiar with the matter.

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1 min  |
September 19, 2023
Nestlé casts net wider with ₹10 Maggi noodles
Mint Mumbai

Nestlé casts net wider with ₹10 Maggi noodles

Nestlé India Ltd’s noodle brand Maggi is making a big comeback at the ₹10 price point, as the packaged consumer goods company aims to stave off competition and claw back market share in smaller towns and villages with an attractive price point.

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2 mins  |
September 19, 2023
In speech of conciliation, PM Modi lauds Nehru
Mint Mumbai

In speech of conciliation, PM Modi lauds Nehru

Prime Minister Narendra Modi opened a special session of Parliament on Monday with an emotive speech, for the last time from the old Parliament house, in which he paid rich tributes to the country’s democratic traditions and recalled contributions of all former prime ministers—Jawaharlal Nehru and Atal Bihari Vajpayee to Manmohan Singh—and said the colonial-era premises will remain a “source of inspiration\" and “place of pilgrimage\" for all time to come.

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2 mins  |
September 19, 2023
Digitization, new forms boost direct tax mop-up 23.5%
Mint Mumbai

Digitization, new forms boost direct tax mop-up 23.5%

Digitization, new forms boost direct tax mop-up 23.5% NEW DELHI : The government has collected ₹8.65 trillion in direct taxes up to 16 September after accounting for tax refunds, making up more than half of its annual target, the Central Board of Direct Taxes (CBDT) said in a statement.

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2 mins  |
September 19, 2023
Tata Sons eyes 2025 IPO for NBFC arm
Mint Mumbai

Tata Sons eyes 2025 IPO for NBFC arm

Board expansion, merger with units set path for Tata Capital IPO

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3 mins  |
September 19, 2023
Clean aviation will take more than just biofuels
Mint Mumbai

Clean aviation will take more than just biofuels

As prime mover of the Global Biofuel Alliance, India hopes to become a major supplier of sustainable aviation fuel. Whether bio-blends can clean up the sector, though, is unclear

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2 mins  |
September 18, 2023
Are multi-asset funds the right product in a soaring market?
Mint Mumbai

Are multi-asset funds the right product in a soaring market?

Fund houses have launched multi-asset funds that invest across different asset classes, but their allocations vary

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4 mins  |
September 18, 2023
From Russia with drones: Kim Jong Un heads home
Mint Mumbai

From Russia with drones: Kim Jong Un heads home

The North Korean leader ended his week-long trip amid fears in the West of an arms deal

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3 mins  |
September 18, 2023
Buy ships to transport energy: Govt to oil cos
Mint Mumbai

Buy ships to transport energy: Govt to oil cos

Freight charges are key to calculations of retail prices of petrol and diesel

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2 mins  |
September 18, 2023
Weak pharma growth in Q2 sparks concerns
Mint Mumbai

Weak pharma growth in Q2 sparks concerns

Weakness in domestic growth is driven by slow growth in the acute segment

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2 mins  |
September 18, 2023
Small-caps are flavour of the season across emerging markets
Mint Mumbai

Small-caps are flavour of the season across emerging markets

With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares in smaller companies

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2 mins  |
September 18, 2023
Trade winds carry no goods cheer in August
Mint Mumbai

Trade winds carry no goods cheer in August

Goods trade marked another month of lacklustre performance. Trade deficit widened to a 10-month high of $24 billion in August as import and export performance remained dismal

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2 mins  |
September 18, 2023
Tata Motors cannot shake off rivals with Nexon facelift alone
Mint Mumbai

Tata Motors cannot shake off rivals with Nexon facelift alone

The competitive intensity in India’s sport utility vehicle (SUV) segment is rising

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2 mins  |
September 18, 2023
'Bear market in crypto, TDS deal double blow for sector"
Mint Mumbai

'Bear market in crypto, TDS deal double blow for sector"

The Indian crypto industry is reeling - With the new taxation norms announced in Budget 2022-23, and the global turmoil around multiple cryptocurrencies leading to bankrupt trading platforms, many crypto founders and platforms, have decided to shift shop to countries with a clear and robust regulatory framework for virtual digital assets

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3 mins  |
September 18, 2023
India, Brazil begin talks to resolve sugar-related trade dispute at WTO
Mint Mumbai

India, Brazil begin talks to resolve sugar-related trade dispute at WTO

India and Brazil have started talks to mutually resolve a sugar-related trade dispute at the World Trade Organization (WTO)

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2 mins  |
September 18, 2023
Tech inputs duty review soon
Mint Mumbai

Tech inputs duty review soon

The government is set to rationalize tariffs for inputs and sub-components used for making electronics goods, according to minister of electronics and information technology Rajeev Chandrasekhar

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2 mins  |
September 18, 2023
PM Vishwakarma takes off with ₹13K crore for artisans
Mint Mumbai

PM Vishwakarma takes off with ₹13K crore for artisans

PM Modi launches scheme for collateral-free credit up to 3 lakh, incentives, upskilling

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2 mins  |
September 18, 2023
Amrita Sher-Gil's The Story Teller fetches record ₹61.8 cr
Mint Mumbai

Amrita Sher-Gil's The Story Teller fetches record ₹61.8 cr

An Amrita Sher-Gil painting titled The Story Teller, signed and dated 1937, fetched a staggering ₹61.8 crore, etching its name in history as the most expensive Indian artwork to be auctioned

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2 mins  |
September 18, 2023
Gentari, Edelweiss, Actis vie for O2 Power solar projects
Mint Mumbai

Gentari, Edelweiss, Actis vie for O2 Power solar projects

Three large bidders have entered the last lap for acquiring solar projects totalling 350 megawatts (MW) from O2 Power, promoted by Singapore’s Temasek and European alternative asset manager EQT, two people close to the development said

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2 mins  |
September 18, 2023
The planet can't afford another China: NITI Aayog's Suman Bery
Mint Mumbai

The planet can't afford another China: NITI Aayog's Suman Bery

India must follow mindful and environmentally conscious consumption and production rather than the single-minded pursuit of growth at any cost, federal policy think tank NITI Aayog vice chairman Suman K. Bery said in an interview

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4 mins  |
September 18, 2023
PLI in the works for heavy equipment
Mint Mumbai

PLI in the works for heavy equipment

The Union government is working on a production-linked incentive (PLI) scheme worth ₹12,000 crore for heavy machinery used in mining and construction, two people aware of the development said

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2 mins  |
September 18, 2023
Govt may hike rabi crops' MSP by 2-7%
Mint Mumbai

Govt may hike rabi crops' MSP by 2-7%

The proposals by a panel on farm prices await Cabinet approval

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2 mins  |
September 18, 2023