Mint Bangalore - April 29, 2025

Mint Bangalore - April 29, 2025

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In this issue
April 29, 2025
Parliament panel meets on nuclear power gen
The Parliamentary consultative committee on power met on Monday to discuss the roadmap for nuclear power generation against the backdrop of India's target of achieving 100GW of nuclear power capacity by 2047.
1 min
Harvest gathers pace in key states, wheat flour prices fall by ₹5-7 per kg
Wheat production during the 24-25 rabi season is estimated to reach a record 115.43mt
1 min
Last-mile blues for railways' total electrification project
Challenges in the northeastern and southern regions delaying completion to end of 2025
2 mins
EU, US, UK Look to Set Up India Supply-Chain Amid Trade Talks
Three developed economies—the US, EU, and UK—aim to establish a dependable supply chain in India as a corollary to their proposed trade deals with New Delhi, people in the know said on Monday, adding that the matter has been discussed during recent visits by Indian officials to the US and Europe.
1 min
IIP rebounds from 6-mth low
On an annual basis, IIP growth for financial year 2024-25 stood at 4%, lower than FY24's 5.9% pace
1 min
Deloitte flags lapses in Dailyhunt parent's controls
Deloitte has flagged lack of internal controls over the selection and evaluation of suppliers, among other things
1 min
ChatGPT in WhatsApp eyes Google cash cow
ChatGPT search integration may redefine search, in challenge to Google
2 mins
Why Macrotech is upbeat while realty braces for slowdown
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to ₹21,000 crore this financial year from ₹17,600 crore in 2024-25, driven by its key Mumbai Metropolitan Region market as well as its new geographies of Bengaluru and Pune.
1 min
Sensex at 4-month peak, riding high on Reliance rally
Investor wealth rose ₹4.53 trillion, propelled by foreign portfolio investors buying shares worth ₹2,474 crore
1 min
Q4 earnings watch: Profit reversals trip up India Inc
Turning turtle Rising profit reversals signal deeper corporate vulnerability.
1 min
Banks, PSUs drive record FY25 bond sales
Corporates raised ₹9.87 trillion via corporate bonds, up 17% from FY24, led by a 25% surge in banks' infra bond issuances
1 min
M&M eyes e-bus push via SML Isuzu buy
Mahindra and Mahindra (M&M) is looking to borrow from its electric vehicle (EV) playbook to strengthen its foray into the electric bus market by acquiring commercial vehicle maker SML Isuzu Ltd.
2 mins
HDFC Cracks Down on 'Temporary' Deposits
Lender warns staff over misuse of cash credit, overdraft to inflate deposits
2 mins
HC asks Qatar firm to take Byju's plea to arbitration
HC orders three-month status quo in Byju's transfer of assets, including shares in Aakash
2 mins
US generics, domestic market to drive pharma cos' Q4 sales growth
Analysts anticipate higher sales of Revlimid to drive growth for US-focused firms such as Sun Pharma in Q4
2 mins
Hotel deals may surge this year
Sector likely to see entry of conglomerates such as Adani Group and higher investment from incumbents
1 min
Finfluencers cheer as Asci green-lights general advice
Influencers can promote generic financial products or services, without offering technical or financial advice
1 min
Elite Universities Form Private Collective to Resist Trump Administration
School leaders strategize about how to respond and push back against the White House
4 mins
Russia Declares 72-Hour Ceasefire Next Week for WWII Victory Day
Ukraine, which earlier agreed to a 30-day ceasefire proposal by the US, dismissed Putin's move as window dressing
3 mins
UltraTech Misses Q4 Profit Estimates
UltraTech Cement, India's biggest cement maker by capacity, reported fourth-quarter profit below market expectations on Monday, pressured by weak pricing and higher costs.
1 min
Urban Company to go for $223 mn IPO
India's Tiger Global-backed Urban Company filed for an initial public offering of ₹19 billion ($223 million), its draft papers released on Monday showed.
1 min
TVS Motor remains bullish on growth
TVS Motor Co. Ltd announced better-than-expected earnings for the January-March period, citing strong scooter sales in the country that helped it record its highest-ever profit during the last fiscal year.
1 min
HC quashes FIR on Infosys co-founder
The Karnataka High Court has quashed an FIR filed against Infosys co-founder Kris Gopalakrishnan and others under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989.
1 min
China to let Indian pilgrims visit Tibet
China's foreign ministry announced on Monday that Indian pilgrims would be able to travel to holy sites in Tibet for the first time in five years this summer, in the latest sign of warming relations between the two regional superpowers.
1 min
Rupee up 38 paise, hits 85.03 per dollar
The rupee appreciated 38 paise to close at 85.03 (provisional) against the US dollar on Monday, supported by sustained foreign fund inflows, easing crude oil prices and a bullish trend in domestic equities.
1 min
Shriram Finance to debut UPI, wallet
Shriram Finance Ltd. plans to enter the payments business by offering mobile wallets and prepaid cards as the shadow lender seeks to diversify its offerings and boost earnings.
1 min
J&K Assembly denounces Pahalgam terror attack
The Jammu and Kashmir Assembly unanimously passed a resolution on Monday expressing shock and anguish over the terrorist attack in Pahalgam and resolved to fight resolutely to defeat the nefarious designs to disturb communal harmony and hinder progress.
1 min
IndusInd's deputy CEO resigns
IndusInd Bank on Monday announced the resignation of deputy chief executive officer (CEO) Arun Khurana, weeks after the lender disclosed accounting lapses in its derivatives portfolio that triggered a rout in its shares.
1 min
IDBI Bank Sees Q4 Net Profit Rise 26%
DBI Bank on Monday reported a 26% increase in net profit at ₹2,051 crore for the March quarter of FY25.
1 min
India inks ₹63,000-cr deal for 26 Rafale jets from France
Deliveries start in 2028 and will end in 2030; Rafale can carry 9,500kg weapons
2 mins
Can Thermax Make Investors Happy Again?
The company's stock is down over 40% from its 52-week high. A turnaround plan is in the works
8 mins
Why Health Insurers Are Sending Private Detectives To Your Door
Policyholders Question Intrusive Health Insurance Checks
5 mins
Know foreign income tax rules for RNORs
I moved to India in April 2025 after my company transferred me to its Indian subsidiary.
2 mins
Quick Inputs From Citizens Could Improve Public Policy Responses
Administrative data and traditional surveys can be supplemented with high-quality rapid polling
3 mins
An order or judgment: A subtle but serious distinction
Unnecessary theorizing on jurisprudence can complicate simple matters and cause legal confusion
3 mins
Trump's Tariffs on Solar Panels Will Set US Climate Action Back
They tilt the energy field in favor of emission-spewing fossil fuels
3 mins
Let's forge our own path amid a foundational tug of war over AI
India is likely to do better by focusing on specific AI applications instead of playing catch-up with big foundational models
3 mins
India needs to rid its justice system of gender injustice
We must go by constitutional principles and not let societal attitudes dictate the delivery of justice
3 mins
Using breathwork to gain mind-body balance
From my earliest memories, my breath has been my closest companion, even before I made real friends.
4 mins
Dual workouts: The twice-is-better formula to get fit
Recreational athletes in India are choosing to exercise twice a day to improve endurance, performance and mood
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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