Mint Hyderabad - May 02, 2025
Mint Hyderabad - May 02, 2025
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In this issue
May 02, 2025
ED returns ₹15,261 cr to laundering victims, eyes forex frauds
Riding on its improved global ranking in combating money laundering, India's financial crime-fighting agency, the Enforcement Directorate (ED), will now prioritize probing violations related to foreign exchange (forex) and foreign direct investment (FDI), its chief Rahul Navin said on Thursday.
1 min
Niti Aayog to rank states on investment
The index will help states identify, address regulatory hurdles that deter private investment
2 mins
Govt leans on PSUs to boost consumption of green steel
The Centre aims to provide an assured market for steel producers under the proposed plan
2 mins
Centre, states net record GST in April on year-end sales
Central and state governments collected a record ₹2.36 trillion in goods and services tax (GST) revenue before refunds in April, reflecting financial year-end spike in sales in March, showed official data.
1 min
Centre orders safety review of painkiller Nimesulide for adults
Concerned over the rampant misuse of Nimesulide drug used to treat pain and fever, the government has asked the Indian Council of Medical Research (ICMR) to conduct an extensive review of the prescription medicine and its effects on adults.
1 min
Zomato opts out of quick food delivery, cites tepid demand
The company will now focus on reducing average delivery time to 20-25 minutes through logistics improvements
1 min
Ceat set to regain margin muscle, but debt may slow its ride
A host of favourable factors is aligning to boost tyre maker Ceat Ltd's margins.
1 min
QIPs off to a slow beginning in 2025 as volatility hurts
In January-March, funds raised via QIPs fell by nearly three-fourths sequentially and by a fourth on-year to ₹14,048 cr
2 mins
How VBL is fighting competition
Sweet and sour
2 mins
Akshaya Tritiya gold buying subdued by high prices
Akshaya Tritiya, an auspicious day to buy gold, saw subdued response this time despite extended store hours. Consumers refrained from high-value gold purchases on Wednesday, deterred by steep prices of the precious metal. Most made small token purchases, denting volumes, according to retailers.
1 min
Rahul Bajaj group beats peers in Q4 marked by divergence
Shifting sands India's top business houses saw foreign and retail selloff, while domestic institutions doubled down on select bets.
2 mins
Weak April Sales Hit Most Top Carmakers
M&M Overtook Hyundai and Tata Motors to the No. 2 Spot in India's Car Market for the Second Time This Year
1 min
Hudco Aims to Resolve NPAs in 18 Months
State-run Housing & Urban Development Corporation (Hudco) is looking at resolving its stressed assets in the next 18 months, chairman and managing director Sanjay Kulshrestha told Mint in an interview.
2 mins
Corporates saw profit growth last fiscal year
Improvement was achieved through cost controls and better pricing
2 mins
NCLT to Decide on RCom Plea in June
The Mumbai bench of the National Company Law Tribunal (NCLT) said on Thursday it will decide next month on bankrupt telco Reliance Communications Ltd's plea for a ₹550 crore refund from Swedish telecom equipment maker Ericsson.
1 min
Equity funds hoard cash as managers await right entry time
King cash Cash holding in actively managed equity funds hit their highest in over 6 years, last seen in 2018 and 2011.
2 mins
Healthify bets on weight loss drugs amid rise of obesity
Nutrition-tracking platform Healthify is banking on weight loss drugs to boost growth, anticipating demand for these medicines to boom in India.
1 min
Ola Electric's April sales dip, rivals expand market share
Sales decline 40% in April as registration issues persist; TVS overtakes Ola in market share
3 mins
Choppy markets take a toll on pre-IPO share sale talks
Wealthy individuals often snap up shares in private deals, tempted by potentially high returns in IPOs
2 mins
Cognizant fared better than peers, but concerns linger
This is the Teaneck, New Jersey-based company's slowest sequential growth in four quarters
2 mins
Ukraine and U.S. Sign Economic Deal for Minerals
The Trump administration reached a deal Wednesday with Ukraine giving the U.S. access to its mineral wealth, overcoming last-minute haggling that had held up an agreement President Trump had sought to compensate the U.S. for helping Ukraine fight off Russia's invasion.
4 mins
The rush to beat tariffs is distorting the economy. It has barely started.
Surging imports, while likely temporary, are frustrating Trump's goal to cut trade imbalances
4 mins
Why more CEOs are heading for the exit
Chief executives make big bucks, but many would rather pass the buck than lead a company in the current business climate.
4 mins
Airbus Won't Cover Tariffs for Airlines
Airbus SE said it won't cover the cost of tariffs on its planes imported by US airlines, setting up a clash with carriers unwilling to shoulder surcharges imposed by President Donald Trump.
1 min
Attari-Wagah border fully shut
The Attari-Wagah border crossing point between India and Pakistan was shut completely on Thursday following a week-long heavy rush of people from either side to cross over after the Union government ordered all Pakistani citizens with short-term visa to leave India in the wake of the Pahalgam terror attack, people aware of the matter said.
1 min
Eternal's profit falls on Blinkit scale-up
Online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday as it opened more stores to expand its fast-growing quick commerce arm Blinkit, which delivers items from milk to mobile phones within 15 minutes.
1 min
Adani Enterprises profit jumps 7.5x
Adani Enterprises Ltd., the flagship company of billionaire Gautam Adani's group, on Thursday, reported a 7.5 times jump in its fourth quarter net profit on the back of a one-time gain from a stake sale in Adani Wilmar Ltd. and strong growth in solar manufacturing and airports.
1 min
Market's Crystal Ball Signals Volatile Days Ahead
67% of the experts feel that gold might outperform Indian equities and debt for the rest of 2025
3 mins
Sanjay Khanna is now BPCL's CMD
Bharat Petroleum Corp. Ltd (BPCL) on Thursday announced Sanjay Khanna has assumed additional charge as chairman and managing director (CMD) of the company.
1 min
Pak airspace ban + costly for Air India
Air India expects around $600 million in costs if a Pakistan airspace ban lasts for a year, and has asked the government to compensate it, a company letter showed.
1 min
Centre extends mandate for imported coal-based plants
Peak power demand this summer may hit 270GW against 250GW reached last year
1 min
Tesla Board Opened Search for a CEO
With profits and stock price sinking, board members told Musk he needed to spend more time at company
8 mins
My health insurance premium is up 30%: what are my options?
I am a senior citizen. This year my health insurance premium increased by more than 30%, and I'm finding it difficult to pay. I have had this policy for the past 14 years, but now the cost has become too high. I am required to pay over Rs 50,000 for coverage of Rs 2 lakh. Can I port the product? What are my other options?
2 mins
India needs official poverty data for effective policy formulation
World Bank estimates are confusing and we must adopt our own measure of India's poverty ratio
3 mins
Economist-turned-politician: Mark Carney is Canada's hope
The Liberal leader could fix Canada's Achilles heel: productivity
3 mins
Art, crafts and Mexican beats
A Mint guide to what's happening in and around your city
1 min
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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