Mint Bangalore - April 15, 2025
Mint Bangalore - April 15, 2025
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In this issue
April 15, 2025
OPEC Cuts Oil Demand Growth Forecasts
OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced by the US.
1 min
Centre Presses Hospitals For Greater Transparency On Organ Donations
With the world's lowest organ donation rate, the health ministry has warned hospitals to issue timely and transparent reports of deaths to their respective state authorities or face penalties, including licence cancellation.
2 mins
Dip in crude import prices lifts hope for a trickle-down to fuels
India's average crude oil import price has fallen below $70 a barrel for the first time since August 2021 even as benchmark Brent crude on Monday opened below $65, raising hopes of a downward revision of petrol and diesel prices that could bring some cheer to customers, and enhancing the macroeconomic stability of an economy that imports most of its fuel, people familiar with the matter said.
1 min
US climate withdrawal spurs rethink on green funding
Govt will focus on tapping other multilateral and bilateral means, besides private sector
2 mins
Cement price hikes in April ease margin fears, for now
Cement makers have entered FY26 on a firm footing, aided by price hikes in April, according to dealer channel checks by various brokerages.
1 min
How Dutch Rejig Helps Tata Steel
A meltdown Tata Steel Nederland has faced profitability stress in the recent past amid lower realization and high energy costs.
2 mins
Foxconn in talks to set up a new electronics unit in UP
The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said.
1 min
BofA Seeking to Revamp India Investment Team After Probe
Bank of America Corp. is rebuilding its investment banking team in India after a string of senior resignations and scrutiny over share sales rocking local operations last year, said people familiar with the matter.
1 min
In a setback, liver risks force Pfizer to drop obesity pill
Pfizer Inc. will stop developing an obesity pill that was closely watched by investors, a severe blow in its efforts to compete with blockbuster weight-loss shots from Novo Nordisk A/S and Eli Lilly & Co.
1 min
Electric Bus Makers Gear Up for Delhi's Full Fleet Electrification
Delhi will increase its electric bus fleet from the existing 8,000 to 11,000 over next five years
3 mins
As antitrust trial begins, Meta faces potential breakup
The trial is expected to last about two months and feature testimony as soon as this week from CEO Zuckerberg
1 min
Costs bite into Havmor profit, even as summer demand soars
Havmor plans to continue expanding its franchise-led parlour network, which includes 250 outlets
2 mins
Intel to sell 51% in Altera amid cost cuts
Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets.
1 min
Bumper launches in FY26, but caution on home prices
Developers gear up for big residential launches, and are confident demand will stay robust.
3 mins
Omnivore plans to invest in life sciences
Omnivore is also planning a couple of exits this year from its second fund and is in talks to create an exit strategy
2 mins
U.S. allies are sitting out Donald Trump's trade war with China
Imposition of new tariffs on nearly every country adds to concerns in Europe and Asia about relying on America
6 mins
China, Vietnam Ink Deals as Xi Calls for Stronger Trade Ties
Xi's Trip to Hanoi, His Second in Less Than 18 Months, Aims to Consolidate Relations With a Neighbor
2 mins
Hospitality deals see shift to tier II, III cities
India's hospitality sector, which grew at par with the previous year, witnessed a shift towards tier-II and III cities, which accounted for nearly half of all hotel transactions, a report said on Monday.
1 min
Kaistha to head Lamborghini India
Italian super luxury automaker Automobili Lamborghini on Monday said it has appointed Nidhi Kaistha as head of Lamborghini India.
1 min
Nvidia Plans Servers Worth $500 Billion in US
Nvidia said it is planning to build AI servers worth as much as $500 billion in the US over the next four years with help from partners such as TSMC, the latest American tech firm to back the Trump administration's push for local manufacturing.
1 min
EU suspends tariffs on US until 14 July
The European Union's (EU) retaliatory tariffs on US goods worth €21 billion will be on hold until 14 July, Brussels said on Monday, to give time for negotiations with Washington.
1 min
Hyatt to double capacity in 5 years
Hyatt Hotels Corp. plans to double its number of properties in India over the next five years, as affluent residents splurge on weddings, pilgrimage and concerts.
1 min
Ashish Saraf joins P&W as India head
Aircraft engine maker Pratt & Whitney (P&W) on Monday announced the appointment of Ashish Saraf as vice president and country head, India.
1 min
Gold Falls Over 1% as Risk Appetite Rises
Gold prices dipped more than 1% on Monday, retreating from a record high hit earlier in the day, as risk appetite improved after the White House exempted smartphones and computers from reciprocal tariffs on China.
1 min
India, China Discuss Resuming Flights
India and China have held one round of talks on resuming direct passenger air services, but no dates have been fixed yet, New Delhi said on Monday, as relations continued to thaw five years after a deadly border clash.
1 min
Gold, The Goat No One Talks About, Never Disappoints
Over 25 years, gold has beaten major indices and asset classes both in dollar and rupee terms
3 mins
Know NRI taxes on Indian share buybacks
I live in Dubai and hold 5,000 shares of an Indian company, bought at ₹200 each. The company plans to buy them back at ₹500 per share in May 2025. Will I be liable for buyback tax in India, or will the company handle it?
1 min
Tether Emerges as Major Crypto Lender Since Collapse of the Sector
Tether captures 70% market share as other centralized lenders struggle to recover from 2022 crypto meltdown
3 mins
Gold-trading frenzy hits China as tensions with US escalate
People's Bank of China added 2.8 tonnes of gold, while Goldman Sachs says prices will reach $4,000 per ounce in 2026
2 mins
India Inc should warm up to corporate bond issuances
Non-financial businesses issuing more corporate bonds will work in favour of the economy
3 mins
Another IMF loan for Argentina could have major repercussions
What the Milei government has obtained may turn out scandalous for the Fund and bad for others
3 mins
Female founders are haunted by the misdeeds of their peers
A gender lens on fraud is irrational but such biases are pervasive
3 mins
India's Delimitation Dilemmas Go Beyond Unequal Representation
Demographic changes give the Lok Sabha a representational bias while overlarge constituencies amplify majoritarianism
4 mins
Why It's Time to Reconnect With the Power of Plants
As plant-based wellness grows in popularity, Vasudha Rai's Sacred makes a case for bridging myths with science
3 mins
Mint Bangalore Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
Mint Bengaluru is your trusted Source for business & financial News. Mint Bengaluru provides detailed coverage of stock markets, corporate news, banking, technology, and economic policies, keeping you ahead in the world of business. With expert insights on NSE, BSE, and global financial markets, Mint Bengaluru delivers exclusive reports on Bengaluru’s booming startup ecosystem, IT sector, and business landscape. Whether you’re an investor, entrepreneur, or professional, Mint Bengaluru is your go to source for unbiased journalism and data-driven analysis.
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