CATEGORIES

Mint Mumbai

'Banks face funding hurdles'

Funding conditions in India are likely to play a crucial role in constraining loan growth for many banks in the country, and credit expansion could moderate by 200 basis points in the next fiscal year, S&P Global Ratings said in note on Thursday.

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1 min  |
February 16, 2024
Sebi eyes new rules for PMS distributors
Mint Mumbai

Sebi eyes new rules for PMS distributors

Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers' clients.

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1 min  |
February 16, 2024
Mint Mumbai

Tractors a sore spot for M&M

Mahindra & Mahindra Ltd's journey is a tale of two parts.

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2 mins  |
February 16, 2024
Tech, regulations reshaping global banking revolution
Mint Mumbai

Tech, regulations reshaping global banking revolution

Digital technology is transforming the banking sector, enhancing customer experience, improving operational efficiency, and reducing costs amid the turbulent economic and regulatory environment, Sonny Singh, executive vice president and general manager, financial services global business, Oracle, said at Oracle CloudWorld event.

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1 min  |
February 16, 2024
Instamojo opts out of payments gateway bid
Mint Mumbai

Instamojo opts out of payments gateway bid

Focusing on upgrading platform to help merchants, says founder Swain

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2 mins  |
February 16, 2024
Mint Mumbai

Demand for gold may hit 900 tonnes this year

Gold consumption in India is likely to rise to 800-900 tonnes in calendar year 2024 compared with 700-800 tonnes annually since 2019 on the back of robust economic growth and higher income, Somasundaram P.R., managing director (India), World Gold Council (WGC) said.

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1 min  |
February 16, 2024
Innovation fund likely for co-op lenders to foster farm entrepreneurs
Mint Mumbai

Innovation fund likely for co-op lenders to foster farm entrepreneurs

A committee charged with drafting a new national cooperation policy has recommended that a national innovation fund be set up to encourage entrepreneurship in primary agricultural credit societies (PACS), a member of the committee said.

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1 min  |
February 16, 2024
Mint Mumbai

Terror-hit gasfield ops likely to resume

Rituraj Baruah

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1 min  |
February 16, 2024
G20 president Brazil takes food security leaf from India
Mint Mumbai

G20 president Brazil takes food security leaf from India

It will also take up issues like fair trade, climate change and preserving biodiversity loss

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2 mins  |
February 16, 2024
Top builders tap new cities as housing sales pick up
Mint Mumbai

Top builders tap new cities as housing sales pick up

BENGALURU Leading developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom.

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2 mins  |
February 16, 2024
Props grab more of derivatives market; retail cedes share
Mint Mumbai

Props grab more of derivatives market; retail cedes share

Retail investors dabbling in derivatives often get the short end of the stick.

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2 mins  |
February 16, 2024
Mint Mumbai

SC brings an end to electoral bond era

Amendments unconstitutional; violates right to information'

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3 mins  |
February 16, 2024
Unlocking Retirement Prosperity: How NPS Remains Cutting-Edge
Mint Mumbai

Unlocking Retirement Prosperity: How NPS Remains Cutting-Edge

The main reason for NPS's popularity is the consistency of returns and cost-efficiency

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3 mins  |
February 15, 2024
Our Youth Don't Favour All Elections Held In Sync
Mint Mumbai

Our Youth Don't Favour All Elections Held In Sync

A sizeable demographic chunk of India is largely unconvinced of one nation, one poll,' as the latest YouGov-Mint-CPR Millennial Survey reveals, and it's easy to understand why

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2 mins  |
February 15, 2024
There is plenty that ails India's index of industrial production
Mint Mumbai

There is plenty that ails India's index of industrial production

The ITP is old and rusty but GST data can be used to formulate an indicator that offers a better picture of economic change

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3 mins  |
February 15, 2024
What fund managers think of the current PSU rally
Mint Mumbai

What fund managers think of the current PSU rally

Insights from four fund managers on the underlying PSU sector dynamics and trends

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2 mins  |
February 15, 2024
Farmer leaders agree to meet Union ministers for talks today
Mint Mumbai

Farmer leaders agree to meet Union ministers for talks today

Ministers Arjun Munda, Piyush Goyal and Nityananda Rai likely to be at meet

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1 min  |
February 15, 2024
A tiny hedge fund is becoming a thorn in the side of energy giant BP
Mint Mumbai

A tiny hedge fund is becoming a thorn in the side of energy giant BP

London-based Bluebell Capital Partners aims at big targets via campaigns against world’s biggest cos, sometimes hitting them

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5 mins  |
February 15, 2024
Disney Star eyeing IPL bounty
Mint Mumbai

Disney Star eyeing IPL bounty

The broadcaster expects a surge in ad revenue amid improved business sentiment and heightened cricket frenzy

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2 mins  |
February 15, 2024
Recruiters prefer MBAs with experience
Mint Mumbai

Recruiters prefer MBAs with experience

Business-school graduates with work experience are at an advantage compared to their peers who have never worked before, at a time of sluggish campus placements. Leading management colleges and companies say inducting candidates who know how to meet corporate demands and are aware of the latest management skills are preferred over novices.

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1 min  |
February 15, 2024
Cap lease rate at 40% upon renewal: MROs
Mint Mumbai

Cap lease rate at 40% upon renewal: MROs

Lease rentals account for 1O—15% of the annual cost of running MRO units

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2 mins  |
February 15, 2024
IT cos soar, dull entry for SFBs in IPO mkt
Mint Mumbai

IT cos soar, dull entry for SFBs in IPO mkt

Two out of three stocks that listed during a volatile trading session on Wednesday opened below their IPO prices with only one opening at a premium and having closed higher, leaving investors looking for listing gains disappointed.

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1 min  |
February 15, 2024
Mint Mumbai

Adani Green plans to raise $500 mn

Adani Green Energy is likely to raise $500 million by issuing dollar bonds in March, two officials aware of the plans said, making it the first Adani group company to return to the overseas bond market in a year.

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1 min  |
February 15, 2024
Mint Mumbai

Poor demand from IT hiring dulls Info Edge

The information technology sector remains the Achilles heel of Info Edge (India) Ltd.

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2 mins  |
February 15, 2024
Aye Fin expects 55% AUM growth in FY24
Mint Mumbai

Aye Fin expects 55% AUM growth in FY24

Eyes IPO in FY26 with AUM expected at ₹5,500 crore by March 2025

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2 mins  |
February 15, 2024
Moove raises $10mn debt from Stride for expansion in India
Mint Mumbai

Moove raises $10mn debt from Stride for expansion in India

Nigerian mobility fintech startup Moove on secured $10 million debt funding from Stride Ventures to expand its India operations.

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1 min  |
February 15, 2024
Jaishankar to skip G20 foreign ministers meeting
Mint Mumbai

Jaishankar to skip G20 foreign ministers meeting

External affairs minister S. Jaishankar will skip the E meeting later this month in Rio de Janeiro, due to a scheduling conflict with India's premier geopolitical conference, the Raisina Dialogue, people aware of the matter told Mint.

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1 min  |
February 15, 2024
WPI inflation falls to 0.27% in Jan as food prices ease
Mint Mumbai

WPI inflation falls to 0.27% in Jan as food prices ease

Data shows January WPI was lower than 0.73% in Dec but higher than 0.26% in Nov 23

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2 mins  |
February 15, 2024
Streaming studios reel on Zee-Sony split
Mint Mumbai

Streaming studios reel on Zee-Sony split

Studios making shows for streaming platforms had hoped that the Zee-Sony merger would revive projects that had flagged for a while.

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2 mins  |
February 15, 2024
Airfares may rise on Mumbai curbs
Mint Mumbai

Airfares may rise on Mumbai curbs

The imposition of flight curbs at Mumbai airport to ease congestion might lead to higher airfares thanks to fewer flights, experts predicted.

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2 mins  |
February 15, 2024