Mint Kolkata - April 18, 2025
Mint Kolkata - April 18, 2025
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In this issue
April 18, 2025
Fitch Cuts India's FY26 Growth View to 6.4%
Fitch Ratings on Thursday cut India's GDP growth estimate by 10 basis points to 6.4% for the current fiscal, but retained the projections for the next financial year, on concerns over a 'severe' escalation in global trade war.
1 min
Government considering alternative use of coal and emptied mines
The government is considering a renewed focus on alternative use of coal and de-coaled mines, as the domestic production of the fuel has increased in the past few years and the supply for power sector seems to be stable for the time being.
2 mins
Centre to work with firms to return unclaimed assets
Govt aims to streamline refund process, but flow of funds into IEPF has been rising every year
2 mins
Sidbi, GCF to ink deal to support small biz
Sidbi would infuse $800 mn, a major portion of which will be raised to build a $1 bn fund, including the existing GCF
1 min
India's markets have shown resilience
Hostility between the top two economies has worsened since the US imposed 145% tariffs on Chinese goods
2 mins
Visiting Illinois? Explore fine dining, hometown classics and iconic jazz clubs
In Chicago, the culinary scene is nothing short of spectacular, from cutting-edge fine dining to comforting hometown classics.
1 min
ABB to spin off robotics arm in big shake up
Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake-up at the company since it sold its power grids business to Japan's Hitachi in 2018.
1 min
HUL, Honasa ad dispute heats up sunscreen wars
A courtroom battle between two of India's biggest personal care players has ended in a quiet truce.
1 min
Medikabazaar faces investor ire
The company has also ousted its former CEO Vivek Tiwari from the board over fraud allegations
1 min
Nippon mutual fund website down since 9 Apr cyberattack
The website of Nippon Life India Asset Management Ltd, India's largest mutual fund by number of investors, has been down since a cyberattack hit the company's IT infrastructure on 9 April.
1 min
IDFC First Bank taps ADIA, Warburg to raise ₹7,500 cr
Investors to hold nearly 15% in IDFC First; investment marks return of Warburg to IDFC First
3 mins
Angel One's March quarter hit by Sebi's new F&O curbs
Angel One Ltd's March quarter (Q4FY25) performance took a knock from the Securities and Exchange Board of India's (Sebi) new regulatory measures aimed at curbing trading volumes in the derivatives (F&O) segment.
1 min
Sebi weighs NSE IPO nod, prioritizes public interest
India's largest stock exchange has long been waiting to go public. But as the National Stock Exchange (NSE) renews its bid for an initial public offering (IPO), the country's capital markets regulator is making its priorities clear: investor protection comes first.
1 min
Sensex Reclaims 78,000 as FPIs Continue to Buy
The US and Japan Are Currently Holding Trade Talks Over Reciprocal Tariffs, With an Aim to Strike a Deal Soon
1 min
Does US nod for key cancer drug make Cipla shares attractive?
Cipla Ltd's shares have surged 6% since last week when it announced the final approval from the US Food and Drug Administration for its generic version of Bristol Myers Squibb's Abraxane, a cancer drug.
2 mins
Consumer watchdog flags misleading ads by coaching centres
Consumer affairs ministry points out misuse of student success stories, top ranks, and guaranteed selections in ads
1 min
Muthoot-backed Belstar forays into gold loan business
Move likely to create a fresh income stream ahead of Belstar's IPO, deferred for 3-4 quarters amid sector stress
2 mins
Adani Ports to Buy Australia Coal Terminal From Group Co
The $2.4 bn acquisition comes as the industry is gaining prominence amid trade tensions
2 mins
IPL franchise RCB sues Uber for alleged trademark misuse
Royal Challengers Sports Pvt. Ltd, owner of the Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB), moved the Delhi High Court against Uber India Systems Pvt. Ltd, alleging unauthorized use and distortion of one of its popular slogans in an advertisement promoting bike-taxi service.
1 min
HDFC Bank HR head resigns
Vinay Razdan previously headed the HR operations for Idea Cellular for 12 years and eight months
1 min
Multiplexes losing out as malls cut screen numbers and size
Space for theatres in malls could fall by 30-50% over 2-5 years, estimated real estate experts
2 mins
Xi Fights Trump's Tariffs With Global Charm Offensive
President Trump has sparked conflict with trading partners around the world with threats of stiff new tariffs on their goods.
5 mins
US Tries to Crush the AI Ambitions of China With a Crackdown on Chips
The new restrictions affect Nvidia's H20 chips and AMD's MI308 products
4 mins
How a Supreme Court ruling could weaken Fed independence, shake markets
Investors are already fretting about the safety of the dollar and Treasury debt. The Supreme Court might be about to give them even more reason to worry.
4 mins
Jio Financial Q4 net profit rises 1.8%
Jio Financial Services Ltd on Thursday said its consolidated net profit rose 1.8% to ₹316.11 crore for the March quarter.
1 min
NCLAT directive in Play Store order
The National Company Law Appellate Tribunal (NCLAT) has directed removal of the extracts from a confidential letter having revenue information of Google, from its last month's judgement against the internet giant on the Play Store policy.
1 min
Santosh Kumar is IndusInd's Dy CFO
IndusInd Bank on Thursday appointed its chief accountant Santosh Kumar as a deputy chief financial officer (CFO).
1 min
Need more share in exports: Skoda
Czech auto major Skoda Auto India needs to have a higher share in the group's overall exports with a better planning even as it remains \"committed\" to more overseas shipments from the country, a top company official has said.
1 min
Zelestra Appoints New India Arm CFO
Spanish renewable energy major Zelestra has appointed Prashant Kumar as the chief financial officer (CFO) of its India unit.
1 min
Lauak weighs sale as Lohia circles
Lauak Groupe, the French family-owned supplier to aircraft manufacturers Airbus SE and Bombardier Inc., is exploring a full or partial sale to help fund global growth.
1 min
Hyundai to suspend EV manufacturing in Korea
Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and US tariffs, Yonhap news agency reported on Thursday, citing unnamed industry sources.
1 min
MF exposure may rise in REITs, InvITs
Markets regulator on Thursday proposed to increase mutual funds' investment exposure in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
1 min
India Ups Vigil on Likely Import Surge Amid US-China Trade Tiff
A panel will track key Chinese exports to the US that could find their way into India
1 min
Make Your Post-Retirement Rental Income Work For You
Property disputes and poor documentation can turn rental income into a liability for seniors
4 mins
WHY EVEN SEASONED INVESTORS FALL FOR EMOTIONAL TRAPS IN VOLATILE MARKETS
Market volatility is inevitable. Letting your emotions drive investment decisions doesn't have to be. Investing isn't just about numbers—it's about nerve. During periods of market turmoil, even the most seasoned investors can fall prey to their own instincts.
2 mins
Should you take a top-up loan on your existing personal loan?
I'm repaying a personal loan, but due to recent unexpected expenses, I find myself needing additional funds. I've an option to take a top-up loan on my existing personal loan, but I'm not sure if it's a better route compared to a fresh loan.
2 mins
The interests of Indian farmers must not be hurt by trade deals
Pact negotiators should bear in mind that a large part of India's population depends on farming
3 mins
Taiwan Is Under Siege But Not Short Of Options On Its Security
Beijing may be plotting a takeover and Taipei must do what it can
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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