Mint Kolkata - April 15, 2025
Mint Kolkata - April 15, 2025
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In this issue
April 15, 2025
Zelensky to Trump: Please visit Ukraine
Ukrainian President Volodymyr Zelensky urged US counterpart Donald Trump on Sunday to visit his country to better understand the devastation wrought by Russia's invasion.
1 min
Centre Presses Hospitals For Greater Transparency On Organ Donations
With the world's lowest organ donation rate, the health ministry has warned hospitals to issue timely and transparent reports of deaths to their respective state authorities or face penalties, including licence cancellation.
2 mins
US climate withdrawal spurs rethink on green funding
Govt will focus on tapping other multilateral and bilateral means, besides private sector
2 mins
Dip in crude import prices lifts hope for a trickle-down to fuels
India's average crude oil import price has fallen below $70 a barrel for the first time since August 2021 even as benchmark Brent crude on Monday opened below $65, raising hopes of a downward revision of petrol and diesel prices that could bring some cheer to customers, and enhancing the macroeconomic stability of an economy that imports most of its fuel, people familiar with the matter said.
1 min
Cement price hikes in April ease margin fears, for now
Cement makers have entered FY26 on a firm footing, aided by price hikes in April, according to dealer channel checks by various brokerages.
1 min
How Dutch Rejig Helps Tata Steel
A meltdown Tata Steel Nederland has faced profitability stress in the recent past amid lower realization and high energy costs.
2 mins
Foxconn in talks to set up a new electronics unit in UP
The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said.
1 min
BofA Seeking to Revamp India Investment Team After Probe
Bank of America Corp. is rebuilding its investment banking team in India after a string of senior resignations and scrutiny over share sales rocking local operations last year, said people familiar with the matter.
1 min
In a setback, liver risks force Pfizer to drop obesity pill
Pfizer Inc. will stop developing an obesity pill that was closely watched by investors, a severe blow in its efforts to compete with blockbuster weight-loss shots from Novo Nordisk A/S and Eli Lilly & Co.
1 min
Electric Bus Makers Gear Up for Delhi's Full Fleet Electrification
Delhi will increase its electric bus fleet from the existing 8,000 to 11,000 over next five years
3 mins
As antitrust trial begins, Meta faces potential breakup
The trial is expected to last about two months and feature testimony as soon as this week from CEO Zuckerberg
1 min
Lodha trademark row ends as brothers settle dispute
Abhishek retains 'Lodha' tag, younger sibling to own 'House of Abhinandan Lodha' brand
2 mins
Intel to sell 51% in Altera amid cost cuts
Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets.
1 min
Costs bite into Havmor profit, even as summer demand soars
Havmor plans to continue expanding its franchise-led parlour network, which includes 250 outlets
2 mins
Omnivore plans to invest in life sciences
Omnivore is also planning a couple of exits this year from its second fund and is in talks to create an exit strategy
2 mins
Bumper launches in FY26, but caution on home prices
Developers gear up for big residential launches, and are confident demand will stay robust.
3 mins
U.S. allies are sitting out Donald Trump's trade war with China
Imposition of new tariffs on nearly every country adds to concerns in Europe and Asia about relying on America
6 mins
China, Vietnam Ink Deals as Xi Calls for Stronger Trade Ties
Xi's Trip to Hanoi, His Second in Less Than 18 Months, Aims to Consolidate Relations With a Neighbor
2 mins
Kaistha to head Lamborghini India
Italian super luxury automaker Automobili Lamborghini on Monday said it has appointed Nidhi Kaistha as head of Lamborghini India.
1 min
'Tariffs to open up new opportunities'
European auto major Skoda Auto Volkswagen India on Monday said while it does not support the new reciprocal tariff imposed by the Trump Administration, which have now been paused for 90 days on non-retaliating countries, the move may open up opportunities for the industries in the long term.
1 min
Oil faces surplus through 2026
The global oil market faces \"large surpluses\" this year and next as the trade war weighs on crude demand growth and OPEC+ eases supply curbs, according to Goldman Sachs Group Inc.
1 min
Hyatt to double capacity in 5 years
Hyatt Hotels Corp. plans to double its number of properties in India over the next five years, as affluent residents splurge on weddings, pilgrimage and concerts.
1 min
Tariff Jitters Drive Down Gold Prices
Old prices fell from a record high on Monday after US President Donald Trump excluded smartphones and computers from his reciprocal tariffs, although uncertainty around tariff plans kept prices above the significant $3,200 per ounce level.
1 min
Ashish Saraf joins P&W as India head
Aircraft engine maker Pratt & Whitney (P&W) on Monday announced the appointment of Ashish Saraf as vice president and country head, India.
1 min
India, China discuss resuming flights
India and China have held one round of talks on resuming direct passenger air services, but no dates have been fixed yet, New Delhi said on Monday, as relations continued to thaw five years after a deadly border clash.
1 min
How Tata Capital Is Prepping For An IPO
After 22 years, India's biggest conglomerate will once again have a listed firm in the financial services industry
8 mins
Know NRI taxes on Indian share buybacks
I live in Dubai and hold 5,000 shares of an Indian company, bought at ₹200 each. The company plans to buy them back at ₹500 per share in May 2025. Will I be liable for buyback tax in India, or will the company handle it?
1 min
Gold-trading frenzy hits China as tensions with US escalate
People's Bank of China added 2.8 tonnes of gold, while Goldman Sachs says prices will reach $4,000 per ounce in 2026
2 mins
Tether Emerges as Major Crypto Lender Since Collapse of the Sector
Tether Captures 70% Market Share as Other Centralized Lenders Struggle to Recover from 2022 Crypto Meltdown
3 mins
Seafood exports: Stuck on a raft of uncertainty
Even if Trump's tariff flip-flops didn't leave Indian seafood exporters queasy, the resultant decision paralysis has been bad enough. Exporters need a compass. So does US trade policy
2 mins
India Inc should warm up to corporate bond issuances
Non-financial businesses issuing more corporate bonds will work in favour of the economy
3 mins
Another IMF loan for Argentina could have major repercussions
What the Milei government has obtained may turn out scandalous for the Fund and bad for others
3 mins
Female founders are haunted by the misdeeds of their peers
A gender lens on fraud is irrational but such biases are pervasive
3 mins
India's Delimitation Dilemmas Go Beyond Unequal Representation
Demographic changes give the Lok Sabha a representational bias while overlarge constituencies amplify majoritarianism
4 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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