Mint Kolkata - April 30, 2025
Mint Kolkata - April 30, 2025
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In this issue
April 30, 2025
Regulator starts rating pharmacy colleges to aid students
The pharmacy education regulator has started rating pharmacy colleges after some tried to game the system by putting up dummy principals and faculty during virtual inspections.
1 min
Indian Economy Resilient Amid Global Uncertainties
The March eco review stressed the need to prevent uncertainty from dampening momentum
2 mins
State Borrowings Dip Sharply in Apr to Gauge Cash Flow, Timelines
State government borrowings through securities declined sharply to ₹53,870 crore in April from ₹2.25 trillion in March, according to the latest data from the Reserve Bank of India (RBI), likely deferring costlier loans to suit spending.
1 min
Government Clears ₹25,000 Crore Shipbuilding Fund
The government's expenditure finance committee (EFC) has cleared the ₹25,000 crore Maritime Development Fund (MDF) for FY26, two persons aware of the matter said, a project to lend long-term, low-cost financial support for indigenous ship-building and other blue water infrastructure projects.
1 min
Forces Are Free To Decide On Targets: PM
Terrorists Had Gunned Down Tourists In Pahalgam In Kashmir Exactly A Week Ago On 22 April
2 mins
OnePlus to Invest Big in India to Boost R&D
₹2,000 cr a year till 2027 to also build manufacturing, service ecosystem
2 mins
TVS Motor profit up 75%, but capital allocation still a worry
Good, but not enough
1 min
Sebi Extends T+0 Settlement Deadline for QSBs to 1 Nov
The Securities and Exchange Board of India (Sebi) extended the implementation timeline for the optional T+0 or same-day settlement cycle for qualified stock brokers (QSBs) in equity cash markets to 1 November.
1 min
Q4 earnings watch: Bright outpaces bleak for firms
As stock market volatility and geopolitical tensions keep investors on edge, India Inc.'s March-quarter (Q4FY25) earnings are emerging as a relative bright spot.
1 min
Q4 shareholding pie: Retail investors flee choppy waters
The March quarter was a rollercoaster for Indian equities: a historic February low gave way to a tentative March rebound. Against a backdrop of global uncertainty, however, investor actions showed a divided house.
1 min
ED seeks sales data from Apple, Xiaomi
India's financial crime agency has privately sought sales data and other documents from smartphone players, including Apple and Xiaomi as part of an investigation into Amazon and Walmart-owned Flipkart, persons familiar with the matter told Reuters.
1 min
Netradyne eyes India's ride-hailing mkt
S-based Netradyne, which provides artificial intelligence-powered dashcams, is expanding its driver monitoring technology to cab-hailing services, a senior executive of the recently-minted unicorn said.
1 min
Accounting lapses: IndusInd CEO quits
The bank has sought approval to appoint a committee of executives to oversee CEO responsibilities
1 min
Robust oilseed yield to steady FY26 prices
Edible oils make up 64% of AWL's business; revenue rose 38% year-on-year to ₹18,230 cr in Q4; oil segment revenue up 45%
2 mins
HC bars Gensol, Blusmart from selling 95 leased EVs
Restrains firms, promoters from transferring EVs amid lease default row with Clime Finance
2 mins
Alterra Invests $100 Mn in Renewable Co Evren
Climate-focused investment fund Alterra on Tuesday said it has invested $100 million in Mumbai-based renewable energy platform Evren.
1 min
Streaming Takes to Short and Sweet Shows, Ditching Long, Dark Dramas
The Model Is Different From the TV+ Strategy, Where OTT Platforms Create Linear TV-Like Shows
2 mins
Why buyers are lapping up lab-grown diamonds in India
Indian market for lab-grown diamonds is expected to more than triple to $8.31 billion by 2032
2 mins
CBI to probe banker-builder ties over subvention schemes
As many of the builders failed to meet their EMI commitments, banks went after the homebuyers for EMI payments
2 mins
Plan to add 1,300 beds by Dec: Max Healthcare
Max Healthcare is focusing on building capacity this year, with over 1,300 beds planned to be added across its hospitals by December.
1 min
TVS investments in Norton spark analyst concerns
At least two brokerage firms have said Norton investments are weighing on performance of TVS overall
1 min
It is 'Persistent' as India gets a new ninth-largest IT firm
This is the fourth instance of a change in pecking order of the country's IT industry in a year
3 mins
Wall Street Banks Sell Final Slug of Elon Musk's X Debt
The loans sat on the books for two years until Donald Trump's election rapidly changed the company's fortunes
4 mins
EU bans sale of 'golden passports'
Malta's \"golden passports\" program for wealthy investors violates European Union rules on citizenship, the bloc's top court ruled in a case that could have transformed the EU into a haven for affluent foreigners at a time when President Donald Trump wants to entice them to the US.
1 min
A sky full of stars: Coldplay sparks India's mega gigs ambition
Coldplay's two-night performance in Ahmedabad this January was more than a concert; it was a cultural moment.
1 min
UPI Merchant Fees Push Underway
India's payments authority, the central bank, and industry are pushing the government to allow a fee on digital payments to large merchants made via its homegrown network to boost growth, people aware of the matter said.
1 min
Bajaj Finance profit up on loan growth
Bajaj Finance, India's biggest non-banking financial company (NBFC) reported a higher fourth quarter profit on Tuesday, aided by healthy loan growth and a tax reversal.
1 min
Trent's Q4 profit rises on firm sales
Apparel retailer Trent on Tuesday reported that its fourth-quarter adjusted profit more than doubled, helped by strong sales and firmer operating margins.
1 min
Justice Gavai Appointed Next CJI
Justice Bhushan Ramkrishna Gavai was on Tuesday appointed as the 52nd Chief Justice of India, effective from 14 May 2025.
1 min
Tata plant starts iPhone production
A new plant for iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond the tariff-hit main manufacturing hub, China, people aware of the matter said.
1 min
Foxconn's India revenue hits $20 bn
Taiwanese electronics major Foxconn has more than doubled its revenue in India to over $20 billion (about ₹1.7 lakh crore) in the financial year 2024-25 due to a jump in iPhone production, sources aware of the development said.
1 min
Karnataka Lets Bike Taxis Run Till 15 June
The Karnataka High Court on Tuesday allowed Ola, Uber, and Rapido to resume their bike taxi services until 15 June.
1 min
China to cooperate after Boeing spat
China is willing to support normal cooperation with US companies, the country's Ministry of Commerce said, just days after Chinese airlines rejected taking delivery of jets from US planemaker Boeing Co.
1 min
Amazon Launches Kuiper Satellites, Taking on Starlink
These 27 satellites are the first of 3,236 that Amazon plans to send into low-earth orbit
1 min
How Kumar's Focus on Value Investing Shapes His MF Bets
Inside FundsIndia research head's playbook for navigating market cycles with value funds
5 mins
Time To Move Beyond Tax-Saving Limits And Focus On Smarter Tax Planning
A client once rushed to buy an insurance policy in March, only to realise later it didn't meet her needs or offer the best tax benefits.
1 min
I'm planning my estate. How do I ensure a smooth asset transfer?
I'm a 57-year-old man in India finalising my estate planning to ensure a smooth transfer of assets to my children and avoid disputes.
2 mins
Zero-day terror: Let's go for AI-aided national security
A full embrace of artificial intelligence will help India leap ahead in the prevention of terror attacks
3 mins
Advocates of free trade ought to articulate an alternative to tariffs
The flaws of US trade policy can easily be identified but the challenge lies in addressing its concerns
3 mins
Biases serve a human purpose: Grant AI some slack too
Heuristics help humans survive data overloads. Instead of AI free of all bias, let's aim for minimal harm
4 mins
Let's redefine our poverty line to reflect India's economic stature
We're on the cusp of becoming an upper middle-income country and our poverty measurement ought to reflect this progress
3 mins
Friend or phone: AI chatbots could emotionally exploit us
Chatty AI tools need safeguards to prevent emotional attachments
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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