Mint Kolkata - April 07, 2025

Mint Kolkata - April 07, 2025

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In this issue
April 07, 2025
You may get to buy ETFs on China, US in GIFT City
A new investment route is opening up for Indians keen to invest in exchange-traded funds (ETFs) tracking global indices, but are exasperated by the higher prices they shell out now thanks to the limited availability of such funds in India.

2 mins
RBI May Cut Repo, Keep Policy Stance Unchanged: Poll
A combination of easing inflationary conditions and tightening economic growth may prompt India's central bank to cut the policy rate in the upcoming meeting of its rate-setting panel, according to a Mint poll of 10 economists.

2 mins
New-look digital bill may spare startups
Centre plans to cut list of categories, and raise the thresholds

2 mins
IS A NEW AYODHYA-LIKE PLAN BREWING IN RSS BACKROOM?
The RSS is unleashing its cadre while retaining the option of deniability
3 mins
Starmer Vows Steps Against Tariff Threat
US President Donald Trump last week announced sweeping global tariffs, including a 10% levy on British goods
1 min
US to See Major Impact of Tariff, Says Kaushik Basu
Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S.
1 min
Centre Plans University for Public Health Amid Mounting Concerns
The Centre is planning to set up the country's first dedicated university for public health amid mounting health concerns in the world's most populous nation, two officials familiar with the matter said.
2 mins
Govt rushes to find demand for e-trucks
At the end of the first year, there has been no progress on e-trucks, and the government is yet to notify the localization norms
2 mins
Insurance Laws Bill Likely To Be Tabled In Monsoon Session
Bill was delayed as finance ministry sought to add provisions on FDI, ease of operational issues
2 mins
Wipro arm banks on AI with new co-chief
Wipro Ventures' new co-managing partner Ali Wasti is expected to drive a deeper focus on artificial intelligence at the $500-million corporate venture arm of Wipro Ltd.
1 min
Pristyn in talks to raise up to $10mn for fitness arm Beatxp
Pristyn Care has been looking out for funds for Beatxp, now eyes a much smaller amount

2 mins
Meta Releases New Llama 4 AI Models
Meta Platforms Inc. announced the release of its new Llama 4 artificial intelligence models, built on what the company says is one of the world's most advanced large language models.
1 min
Futures signal Monday pain for retail, HNIs
Retail and HNI investors have significant bullish positions open on Nifty and Bank Nifty derivatives
2 mins
'Domestic-focused businesses can shield portfolio from uncertainty'
India's domestic-focused businesses will feel relatively less pain of the US reciprocal tariffs and it would pay to stay invested in businesses oriented toward local markets, according to a top fund manager of Kotak Mahindra Asset Management Company Ltd.

4 mins
India's Glass Half Full Or Half Empty? No Clear Answer Yet
It's heartening that nobody was called an andh bhakt, neither asked to decamp to Pakistan
4 mins
EM earnings brace for tariff wrath
Hard pressed
2 mins
DESPITE TARIFF HEAT, POLICY EASING LIKELY TO STAY ON TRACK
India's inflation may undershoot RBI forecast by 40-50 basis points
2 mins
Tata Motors braces for impact as JLR pauses US exports
The British luxury car brand constituted 69% of Tata Motors' overall revenue in the fiscal year 2024
1 min
Prestige hotel arm to file for ₹2,000-2,500 cr IPO in April
Company may dilute 10% stake in public offer; funds to be used for growth, retiring debt
3 mins
VW delayed $1.4 bn tax case: Customs
India's tax authorities have blamed Skoda Auto Volkswagen India Pvt. Ltd for the delay in its provisional assessment of $1.4 billion (about 11,526 crore) tax demand, saying the Indian unit of the German automaker did not provide information promptly.

1 min
'Alternative energy to gain prominence'
At a time protectionism is rising around the world, global trade is witnessing dynamic changes and several countries are moving away from globalization.

1 min
Tariff hikes may spare high-end Indian spirits
26% US reciprocal tariffs on liquor unlikely to dent single malt exports

2 mins
Hyatt eyes tier-II India for next 50 hotels
Hyatt Hotels will open new properties in India and Southwest Asia, targeting growing domestic demand for experience-led stays and expanding into leisure and business hubs even as international arrivals have yet to pick up.

2 mins
Tesla Entry Will Help Grow India EV Market
Tesla opened recruitments for various roles in India in February, in what could be a precursor for the company's entry
1 min
Inside Elon Musk's shock-and-awe months in the White House
In the end, all it took to oust Postmaster General Louis DeJoy, whom President Trump appointed in his first term, was a nudge from Elon Musk.

6 mins
China Wanted to Negotiate With Trump. Now It's Arming for Another Trade War.
Communication between Washington and Beijing is at a standstill, raising the prospects of a long cycle of tariff retaliation
7 mins
EV sales set for rapid growth: Garg
The electric vehicle (EV) segment is set for rapid growth as its penetration in the domestic passenger vehicle segment may touch 12-13% over the next four-five years amid favourable government policies and mainstream OEMs (original equipment manufacturers) driving in models to cater to diverse customer needs, Hyundai Motor India whole time director and chief operating officer Tarun Garg said.
1 min
Adani among 26 in fray to acquire JAL
Billionaire Gautam Adani's group, mining mogul Anil Agarwal's Vedanta, and yoga guru Baba Ramdev's Patanjali Ayurveda are among the 26 suitors looking to acquire Jaiprakash Associates Ltd (JAL).
1 min
'Doing better than others after tariffs'
Asserting that a situation of confusion persists in the world after the recent imposition of reciprocal tariffs by the US, National Stock Exchange (NSE) managing director and chief executive officer Ashish Kumar Chauhan on Sunday said India is doing much better than other countries.
1 min
India yet to secure offshore campuses
India is yet to secure a campus from any of the leading global universities, including Ivy League institutions, and should make efforts for it, a Parliamentary panel has noted.
1 min
More Women Participating in Economy, Education, Business
Female participation in capital market is also growing, but overall numbers are small
1 min
DECODING TRUMP'S 'LIBERATION DAY' TARIFFS
As the dust settles on Trump's new tariff wall, Mint explains the implications-for the US, India and rest of the world

7 mins
Dated tax trick or secret weapon: Can indexation still pack a punch?
Difference between 12.5% without indexation and 20% with it lies in the fine print, affecting your final tax bill
4 mins
TDS on rent: what if there are 2 landlords?
Do you have a personal finance query? Send in your queries at mintmoney@livemint.com and get them answered by industry experts.
1 min
Are startups failing us? Look at the big picture
Piyush Goyal's unflattering contrast of their business disposition with Chinese innovation has stirred a debate that must both widen and deepen for India to credibly play catch-up
2 mins
How to reform your son after you watched a TV show
Reformers of men are asking boys to watch 'Adolescence' in the hope that it will prove educative
4 mins
Fiscal federalism and economic freedom can drive our prosperity
A trade war must not distract India from pursuing a clear domestic agenda for economic success
3 mins
Why banks got a knuckle rap for their awry retail focus
RBI Governor Sanjay Malhotra has done the right thing by shining a light on unaddressed grievances
3 mins
From US tariffs to a trade deal: What are our strategic options?
India should not rush into a pact but instead watch how various scenarios might unfold while accelerating domestic reforms
4 mins
Chinese History Shows What a Closed Economy May Result In
The Middle Kingdom erred greatly by giving up on foreign trade
3 mins
How sleep can make or break your career
Indian adults lose about three nights of sleep every week, which affects their physical and mental health and productivity at work

4 mins
Be goal-oriented, not task-focused, to get ahead at work
Reliable workers are often taken for granted. Strategic changes like highlighting your work can change the game

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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