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In this issue

January 23, 2025

Green hydrogen incentives likely for polluting sectors

Moving to large-scale use of hydrogen fuel could enhance India's geopolitical heft

2 mins

Cabinet nod for a higher support price for raw jute

The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an increase in the minimum support price (MSP) for raw jute for the 2025-26 marketing season, set at ₹5,650 per quintal, representing a rise of ₹315 per quintal from the previous season's MSP of ₹5,335.

1 min

Servify shoots for unicorn tag with $100 million fundraise

The startup was valued at about $850 million when it raised $65 million in 2022 as part of its Series D funding round

2 mins

Drone firms seek higher PLI outlay in budget

The drone industry, one of India's sunrise sectors, wants the government to increase allocations under the production linked incentive (PLI) scheme in the upcoming Union budget for 2025-26.

1 min

Dark stores pursue workers

Quick commerce funding boom has sparked breakneck expansion across hundreds of towns

3 mins

Magnesium craze grips wellness market

Magnesium mania

2 mins

Sebi to Sachetize MFs, Make Them More Accessible

The Securities and Exchange Board of India (Sebi) has unveiled a proposal for promoting financial inclusion through the \"sachetization\" of mutual fund (MFs) investments.

1 min

Oberoi Realty gets reality check

Shares of Oberoi Realty Ltd are on shaky ground, plummeting 13% in the past two trading sessions.

2 mins

Dixon Tech: A flurry of acquisitions, capacity expansions

Upwardly mobile

1 min

China May Order Pay Cap for Staff at State-Owned Financial Cos

China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial institutions, three sources said, expanding a campaign against excess against a backdrop of economic slowdown.

1 min

Shareholders nix Gokaldas Esop plan

Apparel maker Gokaldas Exports' plan to reward its top executive with a generous stock grant has been blocked by the company's institutional shareholders, more than half of whom voted against the resolution enabling its latest employee stock option plan (Esop).

1 min

Google pours $1 bn in Anthropic

Alphabet Inc.'s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.

1 min

J&J Predicts Lower Revenue & Profit Than Analysts for 2025

Johnson & Johnson said a strong dollar will cut into 2025 revenue and profit, pushing its forecast below analysts' expectations and driving its shares lower.

1 min

Minimalist Hotels looks to add six hotels in the next 2 years

Minimalist Hotels, a hotel and dorm management company run by Swashbuckler Hospitality Pvt. Ltd, is looking to expand its footprint by adding new properties across Rajasthan, Uttar Pradesh, Goa, and the National Capital Region (NCR) by 2026, said its founder Gautam Munjal.

1 min

A Liveable Planet Must Remain on the Agenda

People of over 340 districts are highly vulnerable to the health effects of climate change

3 mins

Tata Motors' electric CV sales weighed down by loss of sops

Continuing incentives needed until inflection point is reached in electric sales, says company

3 mins

Budget Wishlist: Insurance Sector Seeks Affordability, Awareness Boost

Reducing GST on policies will help lower the barriers to entry and improving accessibility

2 mins

Tiny hike seen for fund to build farm buffer

Budget may raise outlay for purchases of pulses, onions, and potatoes

2 mins

NCLT Delhi dismisses Akshay's plea against Cue Learn

The Delhi bench of the National Company Law Tribunal's (NCLT) dismissed actor Akshay Kumar's plea to initiate insolvency proceedings against Cue Learn Pvt. Ltd.

1 min

US sanctions won't see oil price surge, shipping to be hit

Oil price is not projected to rise, may stay at $70-75 a barrel, and the situation will ease in a few months: BPCL CMD

2 mins

NMC seeks to tighten rules for hiring medical college faculty

India's apex medical education regulatory has proposed new eligibility qualifications for teachers to improve standards as it seeks to weed out ghost faculty and incompetent teachers.

1 min

HDFC Bank NPAs rise amid Q3 agriculture loan defaults

The lender's profit growth was weighed down by asset quality issues and slow loan growth

2 mins

CEOs Launch War Rooms, Hotlines to Cope With Donald Trump's Order Blitz

The blitz of executive orders from Trump left business leaders scrambling to make sense of sweeping changes to tax, immigration and trade policies

5 mins

WEF 2025: Leaders Call for Renewed Global Cooperation

In these turbulent times, democratic and liberal values serve as a critical signpost for stability, says Swiss president

3 mins

Five new industrial clusters from India join WEF initiative

As many as 33 industrial clusters from 16 countries, including five from India, on Wednesday committed to economic growth, jobs creation and emission cuts as part of the World Economic Forum's (WEF) Transitioning Industrial Clusters Initiative.

1 min

Davos Reaction to Trump 2.0: Buckled Up for His New Term

The global elite know Donald Trump better than almost anyone after his first presidency shocked boardrooms

3 mins

UN chief Guterres calls on Iran to renounce nuclear weapons

Iran must make a first step towards improving relations with countries in the region and the United States by making it clear it does not aim to develop nuclear weapons, United Nations (UN) secretary-general Antonio Guterres said on Wednesday.

1 min

Netflix surges past 300 mn subscribers

Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with more than 300 million subscribers.

1 min

India Uses AI to Stop Stampedes at World's Biggest Gathering

Keen to improve India's abysmal crowd management record at large-scale religious events, organisers of the world's largest human gathering are using artificial intelligence to try to prevent stampedes.

1 min

RIL arm acquires sauces brand SIL

Reliance Consumer Products Ltd (RCPL), the consumer goods arm of Reliance Industries Ltd (RIL), announced on Wednesday its acquisition of SIL, a food brand known for sauces and condiments.

1 min

Blue Energy Motors to invest ₹3,500 cr

NG-powered truck maker Blue Energy Motors on Wednesday said it plans to invest ₹3,500 crore for setting up an electric trucks production plant in Maharashtra to fuel the state's green energy transition.

1 min

Nepal Hikes Fee for Everest Climbers

Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world's tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said.

1 min

Budget Needs to Offer a Vision to Reform India's Overburdened Justice System

Over 50 million court cases are pending, with many taking 15-20 years to resolve

2 mins

Meta Plans Glasses With Brand Oakley

Meta Platforms Inc., an American multinational technology conglomerate, is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and camera-equipped earbuds, aiming to embed its artificial intelligence features into more products.

1 min

Travel unicorn OYO eyes religious hubs

Travel tech unicorn OYO on Wednesday said it is planning to add 500 hotels in religious hubs, including Ayodhya, Varanasi, Prayagraj, Puri, Haridwar, Mathura, Vrindavan, Amritsar, Ujjain, Ajmer, Nasik and Tirupati, this year.

1 min

Quad FMs Meet in Washington in Sign of Trump's China Focus

US, Australia, India and Japan share concerns about China's growing power

1 min

A Call For Tax Reforms: Disparities Between Equity And Debt Investments

There is a case for revising LTCG taxation for debt funds with a one-year holding period

3 mins

NSE's investor registrations breach 110 mn mark

In the last five months, daily new registrations have ranged 47,000 to 73,000, adding a massive 10 million investors

1 min

Strategies to achieve ₹1 cr with a current portfolio of ₹47.4 lakh

I'm 28 years with a ₹47.4 lakh portfolio (₹36.5 lakh in equities, rest in mutual funds). I invest ₹25,000 via monthly SIPs, increasing 10% annually. With no liabilities, I plan to invest ₹10 lakh more. How can I grow my portfolio to ₹1 crore in two years, or by 30 years?

1 min

UPI Circle: Blending control and ease in digital payments

How this new feature is making digital payments simple, secure and stress-free for families

3 mins

Timely succession plans are the need of the hour

Succession planning is no less important for key government positions than for corporate leadership. However, as RBI's case shows, its value is yet to be adequately acknowledged

2 mins

Address India's worsening urban groundwater crisis

We require innovative solutions that use technology to prevent its depletion and contamination

3 mins

The recovery of pandemic time learning losses: Finish this task

Many schools still need to adapt their teaching to fill the educational gaps left by covid disruption

3 mins

Basic technology R&D: Let's wake up before it's too late

India's future in AI and in other fast-emerging technologies depends on our will to invest in the unknown

3 mins

Old MAGA versus new MAGA: A cage battle looks set to start

US President Trump's base seems divided but it needn't worry him

3 mins

From red lights to green: DPI for businesses will spur job creation

Employer Aadhaar and Digilocker will apply Digital Public Infrastructure to compliance and help create high-wage jobs

4 mins

Wallace & Gromit and the charm of claymation

The latest gem from Aardman studio shines a light on this animation subgenre, which involves the use of clay figures and stop-motion

4 mins

Garth Hudson wove a musical spell on listeners

Hudson was the last surviving member of the influential rock group The Band

2 mins

Read all stories from Mint Hyderabad

Mint Hyderabad Newspaper Description:

Publisher: HT Digital Streams Ltd.

Category: Newspaper

Language: English

Frequency: Daily

The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.

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