Mint Kolkata - April 25, 2025
Mint Kolkata - April 25, 2025
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In this issue
April 25, 2025
Onion depots in 90 places to fight prices
The consumer affairs ministry has firmed up a plan to store onions at 90 locations across the country, so the produce can be quickly offloaded in markets when prices are high.
1 min
Policy change for foreign EV cos hinges on US trade deal
This comes at a time when negotiations on a bilateral trade agreement are in full swing
2 mins
MHI considers subsidy push for e-trucks in green operations
Government is considering two subsidy models for e-trucks, either ₹5,000 per kWh, or ₹7,500 per kWh of battery size
1 min
Airfares to Srinagar from Delhi, Mumbai drop 20-30%
The average airfare in the upcoming peak summer travel season from Delhi and Mumbai to Srinagar has dropped 20-30%, Google Flights data shows.
1 min
India to fast-track Chabahar port expansion work and rail connectivity
India plans to fast-track work on expanding the Chabahar port and providing rail links from the strategic port to Iran's border with Central Asia, a senior official said, a move aimed at countering Pakistan's China-backed Gwadar port.
2 mins
Onion depots in 90 places to fight prices
The consumer affairs ministry has firmed up a plan to store onions at 90 locations across the country, so the produce can be quickly offloaded in markets when prices are high.
1 min
Policy change for foreign EV cos hinges on US trade deal
This comes at a time when negotiations on a bilateral trade agreement are in full swing
2 mins
MHI considers subsidy push for e-trucks in green operations
Government is considering two subsidy models for e-trucks, either ₹5,000 per kWh, or ₹7,500 per kWh of battery size
1 min
Airfares to Srinagar from Delhi, Mumbai drop 20-30%
The average airfare in the upcoming peak summer travel season from Delhi and Mumbai to Srinagar has dropped 20-30%, Google Flights data shows.
1 min
Stellantis gears up for Leapmotor EVs in India
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, the executive leading the joint venture said.
1 min
TCS bets on sovereign cloud to augment India revenue
The company announced partnerships with government entities RailTel and C-DAC
2 mins
Stellantis gears up for Leapmotor EVs in India
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, the executive leading the joint venture said.
1 min
TCS bets on sovereign cloud to augment India revenue
The company announced partnerships with government entities RailTel and C-DAC
2 mins
How Sebi Exposed MSVPL Front-Running
The case hinges on a key detail: four brokerages tied to the Big Client operated from the same Malad complex
2 mins
How Sebi Exposed MSVPL Front-Running
The case hinges on a key detail: four brokerages tied to the Big Client operated from the same Malad complex
2 mins
GIC to invest ₹752 crore for 35% stake in five Samhi hotels
Singapore's sovereign wealth fund GIC is investing ₹752 crore in three hotel-owning subsidiaries of Samhi Hotels, which together house Courtyard by Marriott and Fairfield Inn by Marriott at Bengaluru's Outer Ring Road, Hyatt Regency in Pune, and its recently acquired Trinity hotel portfolio in Whitefield, Bengaluru.
1 min
Country Delight in early talks to raise $100 mn
Temasek-backed Country Delight is in early discussions to raise up to $100 million in a mix of primary and secondary transactions, three people familiar with the matter told Mint.
1 min
Steady growth seen for Jio on hike in tariff, user additions
India's largest telecom operator, along with parent Reliance, will announce its fourth quarter results today
2 mins
Higher input costs dent Nestle India's Q4 profit
Decline comes despite double-digit growth in beverages, confectionery during the quarter
2 mins
PepsiCo's International Business Up 11%
PepsiCo's net revenue in the quarter ended March 22 was down 1.81%, while its operating profit fell by 4.9%
2 mins
GIC to invest ₹752 crore for 35% stake in five Samhi hotels
Singapore's sovereign wealth fund GIC is investing ₹752 crore in three hotel-owning subsidiaries of Samhi Hotels, which together house Courtyard by Marriott and Fairfield Inn by Marriott at Bengaluru's Outer Ring Road, Hyatt Regency in Pune, and its recently acquired Trinity hotel portfolio in Whitefield, Bengaluru.
1 min
Axis Bank Posts Flat Growth in Net Profit
Axis Bank on Thursday reported a marginal decline in net profit to ₹7,117.5 crore in the March quarter.
1 min
Boeing Set to Resell Jets as Tariffs Hit China Trade
Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the United States rather than store it without willing buyers.
1 min
Developers sign up top Bollywood stars to push luxury projects
Celebrities with wide appeal and strong social media presence are being chosen for endorsing housing projects
2 mins
Developers sign up top Bollywood stars to push luxury projects
Celebrities with wide appeal and strong social media presence are being chosen for endorsing housing projects
2 mins
US President Trump rejects tax hike for millionaires
While the wealthy sometimes move between states to lower their tax burdens, it is much harder to move abroad
3 mins
Donald Trump meets his match: The markets
President softens his economic and trade stances in the midst of market turmoil
4 mins
Trump sued by multiple states over tariffs, trade policy
A dozen US states are challenging President Donald Trump's \"immense and ever-changing\" global tariffs in court, alleging he illegally bypassed Congress by issuing duties under an emergency economic law.
1 min
US President Trump rejects tax hike for millionaires
While the wealthy sometimes move between states to lower their tax burdens, it is much harder to move abroad
3 mins
Donald Trump meets his match: The markets
President softens his economic and trade stances in the midst of market turmoil
4 mins
Trump sued by multiple states over tariffs, trade policy
A dozen US states are challenging President Donald Trump's \"immense and ever-changing\" global tariffs in court, alleging he illegally bypassed Congress by issuing duties under an emergency economic law.
1 min
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China wants to see a number of steps from US before it agrees to trade talks
1 min
India's steel tariff to help lower imports
India's move to levy a 12% temporary tariff on some steel imports will help lower imports to an extent, JSW Steel's chief executive, Jayant Acharya, told Reuters on Thursday.
1 min
Persistent Systems Q4 profit rises 25%
Mid-tier information technology (IT) company Persistent Systems on Thursday posted a 25% jump in March quarter profit to ₹395.76 crore.
1 min
Strong India growth for Kaspersky in '24
Global cybersecurity firm Kaspersky has recorded a very strong double-digit growth in India in 2024, according to Kaspersky APAC managing director Adrian Hia.
1 min
Sebi Simplifies Norms for SM REITs
To facilitate ease of doing business for small and medium real estate investment trust (SM REITs), markets regulator Securities and Exchange Board of India (Sebi) has standardized disclosures in draft scheme offer document and simplified public issue processes for such schemes.
1 min
Minda Lowers Stake in JV with Furukawa
Minda Corp. Ltd on Thursday said its stake in Furukawa Minda Electric Pvt. Ltd, a joint venture (JV) with Japan's Furukawa Electric group, will be reduced to 17.54% following a share subscription agreement with its partner.
1 min
Devyani to buy Sky Gate's 80.72% stake
Quick service restaurant chain operator Devyani International Ltd (DIL) on Thursday said it will acquire up to 80.72% stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore.
1 min
IMF chief calls for economic reforms
International Monetary Fund (IMF) chief Kristalina Georgieva on Thursday called on countries to urgently resolve trade tensions, safeguard economic stability and address domestic imbalances, warning that continued uncertainty and policy inaction risked worsening the global growth slowdown.
1 min
Infra lender NaBFID plans $2 billion foray into offshore debt
India's National Bank for Financing Infrastructure & Development, or NaBFID, is planning to enter the overseas credit market for the first time, and aims to raise as much as $2 billion through loans and bonds this financial year, according to people familiar with the matter.
1 min
Microsoft Rejigs India Leadership
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect.
1 min
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China wants to see a number of steps from US before it agrees to trade talks
1 min
How to unlock 15% returns from old life insurance plans
From assignment to loan against policy, insuretechs offer better options for policyholders
3 mins
The agentic revolution of AI has already sneaked into human life
OpenAI's 03 and 04 agents mark an inflection point in the journey of AI taking over human tasks
3 mins
The agentic revolution of AI has already sneaked into human life
OpenAI's 03 and 04 agents mark an inflection point in the journey of AI taking over human tasks
3 mins
Check the risks before trying to give the planet a sunscreen
Geo-engineering must be regulated and studied to avert accidents
3 mins
Check the risks before trying to give the planet a sunscreen
Geo-engineering must be regulated and studied to avert accidents
3 mins
The Hottest Amenity Coming to an Airport Is a Chill Zone
US terminals are adding outdoor spaces to give travelers a place to catch the breeze or enjoy views of farms on-site
3 mins
Dance, art and Shakespeare
A Mint guide to what's happening in and around your city
1 min
The Hottest Amenity Coming to an Airport Is a Chill Zone
US terminals are adding outdoor spaces to give travelers a place to catch the breeze or enjoy views of farms on-site
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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