CATEGORIES

Fiscal federalism needs a look-in by the 16th Finance Commission

It ll have to deal with some tricky matters such as domain overlaps, externalities and the delegation of funds to lower levels

Vande Bharat's appeal goes well beyond speed

This train service is not all that fast and surely no match for Chinese railway achievements. Yet, it's a scalable project and could easily impress millions in a country of rickety railways

Should I buy insurance right after acquiring any property?

Such insurance would cover your property against damages from various perils including fire, flood, earthquake and flood.

Amazon to face its biggest challenge yet from the FTC

Lina Khan's Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she's gearing up for the Big One.

Russian military brass off radar post mutiny

General Gerasimov has not been seen in public or on TV since the mutiny

Byju Raveendran tries to allay staff concerns

Byju's was working to resolve the bondholder crisis at the earliest, he said

'India is a place where P&G can set up plants for exports'

In July last year, LV Vaidyanathan took charge as managing director and chief executive of Procter & Gamble (P&G) India that comprises four separate entities, including two large listed companies—Gillette India and Procter & Gamble Hygiene & Health Care.

Create, collaborate & innovate with Al as your co-pilot

Microsoft and Mint recently organized curated events, Mint Future Ready - Lead the AI Era, in Bengaluru, Mumbai and Gurugram to drive a deeper connection and conversation on the advancements in AI.

Good Capital takes aim at AI startups with $50 mn fund

Good Capital, an early-stage investor in unicorns such as Meesho and Lead school, has launched its second fund worth $50 million (₹410 crore) with a green shoe option of $15 million, general partner Arjun Malhotra said.

'Believe risk-reward has turned favourable'

Nuvama Asset Management, a backer of Ola Electric and Dailyhunt, has recently invested in two homegrown startups after 16 months.

TD Power Systems' promoters plan to offload over 24% stake

T D Power Systems Ltd, a producer of AC generators and motors, is planning to offload a 24% stake in the company, or over 37 million shares, as per a term sheet reviewed by Mint.

Reliance Cap lenders back IndusInd bid

Following the voting process, it was disclosed that 99% of the lenders backed IIHL's plan for the cash-strapped NBFC.

ICICI Bank approves delisting of brokerage

For every 100 shares of the co, investors will receive 67 shares of ICICI Bank

How technology helps to handle fraud and scale up digital payments

India is spearheading the global digital economy, with approximately 70 billion digital payment transactions recorded in 2022-the highest globally, according to Statista.

Sebi says MFs don't need more time

Markets regulator Sebi does not see any need for giving more time to mutual fund houses with large holdings in the merger-bound HDFC twins, to realign their portfolios post-merger since there's no material data and given the highly liquid nature of these stocks demanding such an extension.

After six years of GST, ₹1.5 tn monthly tax revenue is the 'new normal'

Tax officers are using data analytics, artificial intelligence and machine learning to curb tax evasion.

India, Israel to boost ties in agriculture

India and Israel are planning a slew of initiatives to bolster their cooperation in agriculture, said Ohad Nakash Kaynar, Deputy Chief of Mission at Israel’s Embassy in New Delhi.

Hotel demand soars as travellers return

The Khyber Himalayan Resort & Spa in Gulmarg, Jammu and Kashmir, has witnessed a surge in demand this summer, unlike anything it has seen in its over a decade of operation.

UAE gold imports fall despite pact

Gold shipments from the United Arab Emirates (UAE) have nearly halved from the previous year to a two-decade low in the year ended 31 March 2023 despite the concessional duty offered under the bilateral comprehensive trade pact that came into force in May last year.

Aspartame sweetener possible carcinogen

One of the world's most common sweeteners artificial is set to be declared a possible carcinogen next month by a leading global health body, according to two people with knowledge of the process, pitting it against the food industry and regulators.

Byju's exposes gap in NFRA mandate

Regulator’s oversight extends to listed firms, banks, insurers

Smashing the patriarchy with ferocity and fun

Though appointed as a Member of the British Empire, Chila Kumari Singh Burman's exhibition challenges British colonial legacies

Asia's enduring love affair with sweet bean preparations

A range of desserts and sweets feature red, black and mung beans in Japan, China, Thailand and beyond

Paul McCartney's rediscovered photos on show

The exhibit McCartney is derived from photos had taken in 1963 and 1964

The once-bold UK has begun to look like a climate laggard

Londons leadership on climate action has turned into diffidence

Central bank credibility is key to achieving a Goldilocks economy

RBI must achieve its 4% inflation target and estimate India's real equilibrium rate of interest well in the process of doing so

Russian instability need not inspire an oil rethink

India needn't reduce its crude imports from Russia even if a weaker regime in Moscow has raised risks. We need the best deal on offer and the global market for oil to remain stable

What effective strategies can help generate a steady income stream during retirement?

You can move your savings account funds to fixed-income instruments like non-covertible debentures (NCDs), fixed deposits (FDs), which will give regular income.

MS-Activision deal 'a blow to PlayStation'

Sony Interactive Entertainment head James Ryan believes the Microsoft-Activision deal is bad for competition.

Top central bankers bat for higher interest

Powell, Lagarde and Bailey said the strong jobs market was driving inflation, which has shifted to service sector