Mint Bangalore - February 28, 2025
Mint Bangalore - February 28, 2025
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In this issue
February 28, 2025
Private firms lag in social sector funding
Fund flow into India's social sector fell short of government think tank NITI Aayog's recommendation for 2023-24 by about ₹14 trillion ($170 billion), according to a report by consulting firm Bain and Co. and philanthropy fund Dasra.
1 min
Centre wants to review safety, efficacy norms for 13 'very old' drugs
The government body charged with setting quality standards for drugs has launched a review of the safety and efficacy norms for 13 commonly used but \"very old\" drugs and asked pharmaceutical companies to submit their manufacturing licence approval letters.
2 mins
WTO losing influence, says FM
Multilateral institutions such as the UN and World Trade Organization (WTO) are losing influence as their revival efforts falter, pushing nations toward bilateralism and direct negotiations over broader international cooperation to resolve global issues, finance minister Nirmala Sitharaman said on Thursday.
1 min
CCI's new penalty recovery regime replaces 14-yr-old rules
Individuals and enterprises breaching competition law face a stricter penalty recovery regime with the Competition Commission of India (CCI) replacing its 14-year-old regulation with a new set of norms.
1 min
GST, Customs Act fall under criminal law safeguards: SC
The court came out against coercion by enforcement officers during search and seizure ops
2 mins
Meta Fixes Error After Flood of Violent Reels
Meta Platforms said on Thursday it had resolved an error that flooded the personal Reels feeds of Instagram users with violent and graphic videos worldwide.
1 min
Amazon Cloud Unit Unveils Quantum Computing Chip
Google and Microsoft Have Announced Their Own Quantum Hardware in the Past Two Months
1 min
Cl continues the Apple Silicon philosophy
Apple's newest and most affordable iPhone—the 16e, which goes on sale in India on Friday—marks a significant transition that might otherwise go unnoticed.
2 mins
Nifty Down For Five Months In A Row, A First In 29 Years
With just a day shy of the month close, Indian equity markets will have fallen for five months on the trot by February end, an occurrence last seen 29 years ago.
1 min
UltraTech Entry Shocks Wire Cos
UltraTech Cement Ltd's decision to enter the cables and wires (C&W) industry has given the jitters to firms in the sector on fears of heightened competition.
2 mins
NBFCs gain momentum as RBI eases bank lending norms
The business environment is set to turn favorable for non-banking financial companies (NBFCs), thanks to two recent developments.
2 mins
No Lodha brother has claim over other's biz, says mother
Manju Lodha's letter puts into question Abhinandan's claim that he has unsettled dues
3 mins
Auto PLI Disbursals Take the Slow Track for a Second Year
Ability to meet PLI targets, as the basis here is incremental sales,\" said Rai.
1 min
Viral reels: The trend making wedding biz a whole lot bigger
Wedding social media managers charge ₹50,000 to ₹2.5 lakh for wedding reels that can rake up millions of views
2 mins
Jindal Said to Raise Bid for Italian Steelmaker
Jindal Steel raised its offer for a troubled Italian steelmaker to about €4 billion ($4.2 billion), seeking to outbid rivals from Azerbaijan, people familiar with the matter said.
1 min
Tablets Find More Takers in India Than Ever Before
Tablets are finally picking up pace in a market where laptops were always preferred
3 mins
NCLAT sets aside Coffee Day Enterprises insolvency case
The case began in Sept 2023, when IDBI Trusteeship approached NCLT for insolvency proceedings against CDEL
2 mins
Tencent releases Turbo AI model
Tencent Holdings Ltd. joined the ranks of companies measuring themselves against DeepSeek by touting how much faster its latest AI model is.
1 min
Rolls-Royce CEO's Bold Revamp Pays Off
The luxury car maker's shares surged 17% to record levels, as its 2024 results surpassed street expectations
2 mins
U.S. foreign-aid suspension is making scrutiny of China even harder
Funding freeze rocks nonprofits that collected increasingly scarce information in a country that Trump has deemed a competitor
6 mins
Trump Reverses Course on Venezuela, Revoking Chevron Oil License
The move was triggered by what Trump said was Caracas' failure to accept deportees, make democratic reforms
5 mins
Ola Electric Boosts Profitability Drive
Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories and last-mile deliveries.
1 min
StanChart picked as dollar trade settler
Standard Chartered Plc has been picked as the bank for real-time settlement of all dollar-denominated trades in India's global financial centre, likely slated for end-June, according to people familiar with the matter.
1 min
Japan Births Fall to New Historic Low
Births in Japan hit another record low in 2024, falling for the ninth straight year as young people delay marriage while the elderly population rises, government data showed on Thursday.
1 min
Nissan Prepares to Replace CEO
Nissan Motor Co. is drawing up plans to replace its chief executive officer (CEO) following another dismal set of earnings and the collapse of talks to combine with Honda Motor Co., according to people familiar with the matter.
1 min
How The Humble Momo Became Hot Business
A handful of organized players are betting their growth on a Tibetan staple
8 mins
Investors See '2017-Like' Rally Happening on EM Currencies
Emerging currencies rose 11% in 2017 before tumbling in 2018 as Trump turned tariff talk into action
2 mins
Sebi rolls out new norms for specialized investment fund
The markets regulator tightens the framework, mandating ₹10 lakh minimum investment
3 mins
Trump's Aid Cut-Back Is a Wake-Up Call for India
Ignore political slugfests over USAID. America's self-harming aid cut-off isn't a major worry either, but China filling a vacuum to gain clout would be. Let's step up our global outreach
2 mins
The evolution of AI technology traces a path that we humans do
It parallels the story of human intelligence as we grow from infancy to adulthood and venture out
3 mins
Oscars: Should biopics leave politics blowing in the wind?
Two films tackle social leadership but only one provokes reflection
3 mins
Celebrating Sufi culture, India
A Mint guide to what's happening in and around your city
1 min
Mint Bangalore Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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