Mint Kolkata - April 10, 2025
Mint Kolkata - April 10, 2025
Go Unlimited with Magzter GOLD
Read Mint Kolkata along with 9,000+ other magazines & newspapers with just one subscription View catalog
1 Month $14.99
1 Year$149.99
$12/month
Subscribe only to Mint Kolkata
1 Year $39.99
Buy this issue $0.99
In this issue
April 10, 2025
Hunt on for new markets to save key export items
The central government has stepped in to work with export bodies to identify new markets and limit disruptions to outbound shipments for sectors vulnerable to US tariffs such as gems and jewellery and marine products, according to two people familiar with the matter.
3 mins
Why China thinks it might win a trade war with Trump
The trade war is escalating, and fast. On April 8th Chinese officials vowed to \"fight to the end\" in the face of new threats from Donald Trump, made just hours earlier, having already promised to match American tariffs of 34%.
3 mins
Local push may double India's electronics exports by 2030
India's electronics exports could more than double to $50 billion per year by 2030 as part of the country's efforts to take a high seat in the global supply chain, according to three senior industry executives who regularly consult the ministry on the electronics sector.
3 mins
Pharma Turns to Home Remedy as Tariff Pain Looms
When the world reeled under President Trump's reciprocal tariff announcement on 3 April, the Indian pharmaceutical industry was relieved as it escaped the initial round of sweeping levies.
3 mins
RBI cuts repo by 25bps as tariffs cloud growth view
MPC cuts growth, inflation forecasts by 20 bps, shifts stance to accommodation
3 mins
India halts transit for Bangladesh exports
India has withdrawn a key transit facility that allowed Bangladesh to move export cargo through Indian territory to third countries, amid heightened global trade friction following US President Donald Trump's reciprocal tariffs announcement on 2 April.
1 min
RBI Never Wastes a Good Crisis, Says Deputy Governor Swaminathan J
The Reserve Bank of India (RBI) will deal appropriately with those accountable if it finds there were lapses leading to what it calls \"episodes\" in the financial services sector, deputy governor Swaminathan J. said on Wednesday.
2 mins
RBI Gives Support for Growth in Choppy Waters
Even RBI's own estimates show growth is expected to pick up in FY27 to 6.7%
3 mins
Unemployment Inches Up in 2024, Women Workers Drop
Female unemployment rate in urban areas fell to 6.7%, while in rural regions it rose to 2.1%
2 mins
India better placed to handle US tariffs
Most of the forecasts now for the global GDP growth rate have come down by at least 20-30 basis points
2 mins
KreditBee to merge entities ahead of IPO
The lending startup has paid around $100 mn in tax to flip back to India
2 mins
Niyo's chief strategy officer steps down
Niyo Solutions Inc's chief strategy officer Swapnil Bhaskar is set to step down next week, three people familiar with the matter said.
1 min
EQT, Temasek exit as JSW Neo buys O2 Power for ₹12,468 cr
JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd, has completed the acquisition of renewable energy platform O2 Power for an enterprise value of around ₹12,468 crore.
1 min
More VCs Back Indian Startups in Q1 2025
Strong Start
2 mins
Sebi panel for conflict norms for its officials
The market regulator has set up a committee to review and strengthen the regulations governing conflict of interest and disclosures by members and officials of the Securities and Exchange Board of India (Sebi).
1 min
Centre cites record dividends urging MFs to back PSUs
PSUs delivered a record ₹1.5 tn in dividends in FY25, while the government aims ₹69,000 cr in FY26
2 mins
Sobha's new markets to decide fate after FY25 disappoints
On shaky ground
2 mins
Micro VC firm Atrium floats consumer-focused investment vehicle
The new fund will invest in the next generation of purpose-driven consumer brands and enablers
1 min
Tata Steel to cut 1,600 jobs at Dutch unit to save €500 mn in costs
Tata Steel's Netherlands business reported revenues of €3.9 billion in the first nine months of FY25
2 mins
In US-China trade war, Indian tyre makers could take a hit
Indian firms will face higher competition as China, other countries divert a share of exports
3 mins
Accor, InterGlobe Reshape Alliance, Bring in Treebo
The new business aims to have 300 hotels under Accor's brands by 2030, to be developed by Treebo
2 mins
TCS CEO's biggest test: global uncertainty, GenAI threat
While tariffs may not directly impact IT firms, clients are expected to pull back tech spending
3 mins
Brand-influencer Disputes Draw New Lines for Creators
The Delhi High Court's order seeking removal of allegedly defamatory content about Dettol by one of India's top social media influencers marks another push-back by brands, creating precedent around how far creators can go, according to experts.
2 mins
PVR Inox to Serve Liquor Across More Luxury Properties
Drinks will be served in lounges, not inside the auditoriums, at high-end formats such as Director's Cut, Maison Inox
1 min
China Has Readied a Trade-War Arsenal That Takes Aim at US Companies
In the years since President Trump's first trade war with China, Beijing has built an arsenal of tools to hit the U.S. where it hurts. Now, it is getting ready to deploy them in full.
5 mins
Beijing rejects claim of Chinese troops fighting in Ukraine
Ukraine's claim that significant numbers of Chinese nationals are fighting alongside Russia's invading army is \"totally unfounded,\" a Beijing official said Wednesday.
2 mins
Trade War Escalates as China Hits US With Huge Tariff
US President's latest salvo of tariffs included punishing duties of 104% on imports of Chinese products
3 mins
Bessent plays down bonds selloff, warns China on yuan
Bessent also highlighted that many nations around China are now seeking trade negotiations with Washington
2 mins
PM-led CCS clears ₹64,000 cr deal to procure 26 Rafale-M jets
The Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi on Wednesday cleared a proposal to procure 26 naval variants of Rafale fighter jets from France at a cost of around ₹64,000 crore for deployment on board aircraft carrier INS Vikrant, sources in the defence establishment said.
1 min
Mahindra arm to make H130 fuselage
Mahindra Aerostructures will manufacture the fuselage for the single-engine Airbus H130 helicopters, with the first unit expected to be delivered by March 2027, a major boost for indigenous aerospace manufacturing activities in India.
1 min
UK court rejects Mallya's debt plea
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than £1 billion ($1.28 billion) debt to lenders including the State Bank of India.
1 min
Ather Mulls Smaller IPO Amid Market Chaos
Ather Energy Pvt. is considering cutting the size of its initial public offering (IPO) by at least $50 million from an earlier target of about $400 million, people familiar with the matter said.
1 min
Zomato rebrands as 'Eternal' on mkt
Food and grocery delivery platform Zomato officially changed its name to 'Eternal Ltd' on the stock exchanges from Wednesday, following approval from the ministry of corporate affairs.
1 min
Dixon Tech to set up ₹1k-cr facility
Electronics manufacturing services firm Dixon Technologies is setting up a ₹1,000-crore facility near Chennai and signed a memorandum of understanding with the Tamil Nadu government on Wednesday.
1 min
BharatPe arm gets RBI nod for licence
BharatPe Group firm Resilient Payments has received final authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
1 min
Solar Investments Down 20% in Developing Countries, Says ISA
International Solar Alliance Launched a 2-Day SolarX Accelerator Programme in Mauritius on Tuesday
1 min
Rail, road, irrigation works get Cabinet approval
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved three major infrastructure and farm-linked projects worth over ₹4,800 crore.
1 min
Harmonize Aadhaar Act with data protection rules: Vaishnaw
Minister says consultation on DPDP Act rules about to end, will be notified soon
1 min
Is Pallia's Game Plan For Wipro Working?
Recent deal wins and cost-cutting measures have raised hopes. But the company faces many uncertainties
7 mins
How title insurance helps avoid legal disputes over land rights
I am buying a parcel of land in Uttar Pradesh and have engaged a local resident to assist with the title clearance of the land. He suggested I procure a title insurance cover. Can you please explain what is title insurance and why is it important?
1 min
How you can optimize your tax-saving allowance basket
Smart salary and allowance structuring can boost your take-home under both tax regimes
4 mins
THE REALITY OF INDIAN TRADING BOOM: PLATFORMS GAIN, RETAIL INVESTORS BLEED
Poor financial literacy and a lack of minimal safeguards have left millions of investors at risk
3 mins
Keynes and Kennan retain their relevance even today
Their clarity on the virtues of globalization could serve us well amid Trump's tariff onslaught
4 mins
Trump's Tariffs Will Create More Problems Than They Can Resolve
He insists trade partners have been unfair to the US even though America Inc has not complained
4 mins
The MPC's decision was the first scene of a tariff-driven drama
High global uncertainty means the monetary policy panel's rate cut and shift to a dovish stance are not the end of the story
4 mins
Stagflation Is the Best Scenario a Tariff-Hit US Can Now Expect
It's catch-22 for the Fed as fighting inflation will constrain growth
3 mins
Master the basics of miso to transform everyday cooking
Tips, hacks and recipe ideas for the popular, umami-rich and versatile Japanese fermented bean paste
3 mins
David Hockney celebrated in retrospective
There are hints of a man contemplating his mortality—and perhaps his last major show
2 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...
Cancel Anytime [ No Commitments ]
Digital Only
