Mint Kolkata - March 24, 2025
Mint Kolkata - March 24, 2025
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In this issue
March 24, 2025
Are pharmacists gaming the system? Government orders a check
For pharmacy, India has 5,669 approved institutions for diplomas and 2,858 offering degree courses
2 mins
Judiciary Cannot Turn Into a Haven for the Corrupt
The best brains in the judiciary demanded an inquiry from the moment the case emerged
3 mins
Firms Found Breaching Basic Company Law in Crackdown
Most of the companies against which penalty orders have been issued are small businesses
2 mins
India's Trade Momentum Strong: UNCTAD
Global trade imbalances widened in 2024, nearing levels last seen in 2022, according to trade data trends
2 mins
Gaming is primed for India boom: Krafton CEO
South Korean gaming giant Krafton—the name behind popular title Battlegrounds Mobile India—is actively looking to invest and buy Indian entities, among its top five markets, where a rapid smartphone adoption, mobile-first gaming culture and a tech-savvy, young population are driving steady growth prospects in online gaming.
1 min
Penny stocks may not have much steam left
This stellar performance is second only to the one penny stocks put up during the 2003-2008 bull run
1 min
When the Pharma Industry's Stuck with Nowhere to Hide
The value of medicines sold has barely grown in mid-single digits in the last three years
4 mins
Paytm UPI sops hit is just a blip
The Cabinet's approval of ₹1,500 crore incentives for FY25 to promote low-value unified payments interface (UPI) transactions is a disappointment for investors in One97 Communications Ltd stock—Paytm's parent.
2 mins
IndusInd taps Grant Thornton for checks
India's IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to check if there is any evidence of fraud or internal misstatements, said two people in the know of the matter.
1 min
Israeli Strike Kills Hamas Official; Toll in Gaza Over 50K
An Israeli airstrike in southern Gaza killed a Hamas political leader, Salah al-Bardaweel, on Sunday, the militant group said, as Palestinian officials put the death toll from nearly 18 months of conflict at over 50,000.
2 mins
Where Have All the $100 Million CEOs Gone?
There have been fewer 'moonshot' pay packages for 2024, but median CEO pay climbed to $16.4 million
4 mins
PSBs' dividend rises 33% in FY24
Dividend payout by public sector banks (PSBs) have risen by 33% to ₹27,830 crore in FY24, indicating significant improvement in financial health of these lenders.
1 min
Govt Urges Court to Not Quash VW Bill
The government has told a court in Mumbai that agreeing to Volkswagen's demand to quash a $1.4 billion tax bill would have \"catastrophic consequences\" and encourage companies to withhold information and delay inquiries, court documents show.
1 min
Goli Soda witnesses strong demand in US, Europe and Gulf
India's traditional beverage Goli Soda is witnessing strong consumer response in key international markets, including the US, UK, Europe and the Gulf, driven by strategic expansion and innovative reinvention, an official statement said on Sunday.
1 min
ONGC Plans to Import Ethane
Oil and Natural Gas Corp. (ONGC) plans to import ethane starting in mid-2028 to compensate for the altered composition of liquefied natural gas (LNG) sourced from Qatar, according to a tender floated by the state-owned firm.
1 min
Iraq to raise oil production capacity
Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.
1 min
Govt Imposes Duty on 4 Chinese Goods
India has imposed anti-dumping duty on four Chinese goods, including vacuum flasks and aluminium foil, during the month so far to guard domestic players from cheap imports from the neighbouring country.
1 min
OYO Set to Expand + 'SUNDAY Hotels'
With a focus on premiumization, OYO-parent Oravel Stays plans to ramp up the expansion of SUNDAY Hotels, eyeing 100 properties under the brand globally by the end of the next financial year.
1 min
ACME Solar plans up to ₹35,000 cr capex by 2027
CME Solar Holdings Ltd has outlined a plan of investing ₹32,000-35,000 crore in capital expenditure by 2027 to expand its renewable energy portfolio, according to chief executive officer Nikhil Dhingra.
2 mins
FPI Outflows Slow as Global Worries Ease
The Indian equity market has witnessed a moderation in foreign portfolio investors' (FPIs) selling pressure with the outflows narrowing to ₹1,794 crore ($194 million) last week, buoyed by easing global concerns and growing optimism around a potential de-escalation in the Russia-Ukraine conflict.
1 min
Air India seeks lower landing charges for long-haul flights
The suggestions have been made to the AERA on the tariff proposal for Delhi airport
1 min
GST registration: key hurdles for freelancers and small businesses
Entrepreneurs face unexpected compliance demands and additional paperwork despite meeting requirements
5 mins
Beyond Wealth: The Vault Is Not Always Enough
More wealth doesn't always bring more happiness; true joy comes from a clear purpose
2 mins
How Language May Have Conspired To Keep People Unfit
Each Time Unhealthy Habits Are Under Attack, They Invoke Human Culture To Fight Off The Threat
4 mins
Trump's Acts Serve Political Ends Even If They Lack Economic Logic
We must view his tariffs from an economic statecraft lens and use this upheaval to effect reforms
3 mins
Young India is fuelled by agency but is being failed by structure
Young people are doing their bit. Lagging policy needs to catch up with them to drive the country's demographic dividend
4 mins
Europe's F-35 Dilemma: Can It Get America Out of Its Cockpit?
The EU's post-Trump quest for defense autonomy won't prove easy
3 mins
Brands and geopolitics: A marriage made in conflict
Ben & Jerry's spat with owner Unilever reflects vast ideological differences in linking brands with activism
3 mins
Mint Kolkata 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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