Mint Kolkata - April 08, 2025
Mint Kolkata - April 08, 2025
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In this issue
April 08, 2025
FM's UK, Austria visits to boost ties
Finance minister Nirmala Sitharaman begins a six-day official visit to the UK and Austria on Tuesday, aiming to strengthen economic ties, enhance financial sector cooperation and attract more foreign investment, the finance ministry said on Monday.
1 min
Centre to meet FY25 capex estimates despite slow start
Strong spending in the second half of the fiscal underscores the focus on infra-led growth
2 mins
Energy minister to meet CMs, hasten renewable agreements
The Union ministry of new and renewable energy is trying to get states to sign power purchase and sale agreements amid a backlog of unsigned power purchase agreements (PPAs) for renewable energy.
1 min
Bharat Forge on edge as India-US trade pact holds the key
Bharat Forge Ltd shares plunged about 17% after the US announced a reciprocal tariff on Indian imports.
2 mins
Why FMCG firms see a dull Q4
The March quarter (Q4FY25) is unlikely to bring great excitement for Indian fast-moving consumer goods (FMCG) companies, although some should fare better than the others.
2 mins
Macrotech seals best-ever quarter, beats FY25 target
The developer clocked ₹17,630 cr of pre-sales in 2024-25, surpassing its guidance of ₹17,500 cr
1 min
Rupee sees its worst fall in 3 months amid stock market rout
The fall in the rupee contrasts sharply with its 2.4% gain against the US dollar in March
2 mins
Centre Plans Higher Local Electronics Parts-Making
The move could reduce dependence on imports and help save foreign exchange for India
3 mins
NCLAT rejects IDBI insolvency petition against Zee
In a relief for Zee Entertainment Enterprises Ltd, the National Company Law Appellate Tribunal (NCLAT) has dismissed the insolvency plea filed by IDBI Bank against the media firm over unpaid dues of around ₹150 crore.
1 min
The Curious Case of A-List Celebrities Staying Away From Endorsements
Endorsements also depend on image alignment, and not every big name aligns with the messaging of a certain brand
2 mins
Neo eyes ₹5,000 cr fund as market slump lifts credit play
The fund will target firms with strong cash flows and collateral, focusing on pharma, hotels, paper and steel
2 mins
SoftBank-backed OfBusiness buys food ingredients firm
OfBusiness, a B2B raw materials procurement platform backed by Japan's SoftBank and New York-based Tiger Global, has agreed to acquire a Kerala-based manufacturer of herbs and spice-based products, a person close to the development told VCCircle.
1 min
Tribeca Launches Rental Housing Portal
It plans to sell the first 300 studio apartments at a 6% rental yield to investors with a nine-year lease in Mumbai's Marol
2 mins
Govt seeks Ola Electric plan to fix service network gaps
Heavy industries ministry earlier sought clarity on gap between sales outlets, service centres
3 mins
Automobile retail sales up 6% in FY25
Automobile retail sales in India rose 6% to 26,143,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body Federation of Automobile Dealers Associations (Fada) said on Monday.
1 min
India's Exports to US May Fall in 2025
India's merchandise exports to the US in 2025 may decline by $5.76 billion, or 6.41%, following the imposition of higher tariffs by the Trump administration, Global Trade Research Initiative (GTRI) said in a report, with gems and jewellery, marine products, electronics, and auto parts bearing the brunt.
1 min
Pvt equity inflow in real estate down 3%
Private equity investments in Indian real estate declined 3% last fiscal year to $3.7 billion due to lower fund inflow in office buildings, according to Anarock.
1 min
Kalyan Jewellers Q4 revenue rises 37%
Kalyan Jewellers on Monday reported a 37% year-on-year increase in consolidated revenue for the fourth quarter of FY2024-25, despite extreme volatility in the gold prices.
1 min
Adani opens giant facility in Sri Lanka
The Adani Group said on Monday it had opened an $800 million container terminal in Sri Lanka, right next to a similar facility operated by a Chinese company.
1 min
Banks recovered over ₹14k cr: Mallya
Vijay Mallya has claimed that Indian banks have got access to his properties worth ₹14,131.6 crore, more than twice the amount that he owed to public sector banks.
1 min
SoftBank Plans Largest Bond for Retail Investors Amid Turmoil
SoftBank Group Corp. is planning its biggest-ever sale of bonds for retail investors even as markets are becoming risk averse due to US tariffs rattling global financial markets.
1 min
After Trump, EU seeks zero tariff from India on car imports
Tariff cuts will be a victory for European carmakers such as Volkswagen, Mercedes-Benz and BMW, widening their access to India
1 min
How Audio Streamers Are Harnessing AI
As audio streaming comes of age, companies turn to AI for a growth slingshot
8 mins
Spending smart: How this couple winged their way through Kiwi land
The Luthras cracked the code for a cost-conscious New Zealand honeymoon with smart hacks, sharp planning
5 mins
The decline of orthodoxy and rise of anti-free-traders
Trade theory holds but we should redesign the system to reflect a new geopolitical reality
3 mins
The software industry must act: It risks being swept by a tsunami
Something has changed in software. The proof is visible in the table alongside.
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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