CATEGORIES

Mint Kolkata

Residential sector is big polluter: study

Pollution in east, north and central Indian cities primarily comes from residential and transportation sectors, while in western India, industry and energy are the main contributors to local PM2.5 pollution, a study has found.

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1 min  |
December 24, 2024
Mint Kolkata

DAM Capital IPO subscribed 82 times

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday.

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1 min  |
December 24, 2024
Mint Kolkata

Non-life insurers' claim ratio falls

Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52% during 2023-24 as against 82.95% in the preceding fiscal, as per the Insurance Regulatory and Development Authority of India's (Irdai) annual report.

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1 min  |
December 24, 2024
Mint Kolkata

ICAI probing Byju's alleged audit errors

(Institute of Chartered Accountants of India) president Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edtech firm Byju's. However, he did not divulge specific details about the issues that are being looked at.

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1 min  |
December 24, 2024
Mint Kolkata

Xi digs in with top-down economic plan even as China drowns in debt

Xi Jinping is bracing for a showdown, sticking with economic policies aimed at making China the world's most powerful country

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7 mins  |
December 24, 2024
Mint Kolkata

First ONOE panel meeting on 8 Jan

The first meeting of the 39-member parliamentary panel on 'one nation, one election' (ONOE) is set to be held on 8 January, setting the tone for nationwide deliberations on the key poll reform measure of the Prime Minister Narendra Modi-led NDA government.

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1 min  |
December 24, 2024
Mint Kolkata

Lohia Auto launches EV brand 'Youdha'

Lohia Auto on Monday announced the launch of EV (electric vehicle) brand 'Youdha' as part of its ₹20-crore expansion plans and said it looks to manufacture and sell 300,000 electric vehicles (EV) under the brand by 2027.

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1 min  |
December 24, 2024
Mint Kolkata

B'desh minister says country wants ex-PM Hasina extradited

Bangladesh-India ties took a hit after interim government led by Yunus assumed power

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2 mins  |
December 24, 2024
Mint Kolkata

India crosses key clean power milestone, but has miles to go

In the 12 months to October, India installed 24.2GW renewable energy capacity, crossing the 200GW milestone

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4 mins  |
December 24, 2024
Mint Kolkata

INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

Transition to a green economy could serve as a model for other developing nations

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2 mins  |
December 24, 2024
Mint Kolkata

Govt spending may power recovery from growth lull

Restoring India's economy to its pre-pandemic trajectory remains vital, particularly for the economically weaker sections.

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4 mins  |
December 24, 2024
Mint Kolkata

Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

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2 mins  |
December 24, 2024
Mint Kolkata

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

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2 mins  |
December 24, 2024
Mint Kolkata

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

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3 mins  |
December 24, 2024
Mint Kolkata

Short-form apps' innovative, local content enthrals users

Regional creators, nano-influencers are redefining digital content by crafting authentic and localized stories

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2 mins  |
December 24, 2024
Mint Kolkata

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

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2 mins  |
December 24, 2024
Mint Kolkata

Carmakers Honda, Nissan enter a basic agreement for merger talks

The company plans to repurchase as many as 1.1 billion shares, or almost 24% of its stock excluding treasury securities.

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2 mins  |
December 24, 2024
Mint Kolkata

Housing finance sector sees funding rise tenfold

As per the National Housing Bank (NHB), an entity that supervises housing finance companies, India has 82 mortgage lenders.

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1 min  |
December 24, 2024
Mint Kolkata

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

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2 mins  |
December 24, 2024
Mint Kolkata

GEF Capital bets $20 mn on EPACK Prefab

GEF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

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1 min  |
December 24, 2024
Mint Kolkata

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

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2 mins  |
December 24, 2024
Mint Kolkata

Adani to buy Air Works for ₹400 cr

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of ₹400 crore.

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1 min  |
December 24, 2024
Mint Kolkata

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

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2 mins  |
December 24, 2024
Mint Kolkata

Polycab India is wired for growth and the stock reflects it

For Polycab India Ltd, FY25 is shaping up to be an eventful year. Consolidated revenue for the half year ended September (H1 FY25) surged nearly 26% year-on-year to about ₹10,200 crore.

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1 min  |
December 24, 2024
Mint Kolkata

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

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1 min  |
December 24, 2024
Mint Kolkata

In emerging markets, 'better luck next year' is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year.

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2 mins  |
December 24, 2024
Mint Kolkata

Siemens stares at bumpy FY25

Siemens Ltd's shares have plummeted about 12% in the past two trading sessions.

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2 mins  |
December 24, 2024
Mint Kolkata

Sebi halts trading in Bharat Global in rare such action

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

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1 min  |
December 24, 2024
Mint Kolkata

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

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1 min  |
December 24, 2024
Mint Kolkata

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

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1 min  |
December 24, 2024