Mint Kolkata - May 05, 2025
Mint Kolkata - May 05, 2025
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In this issue
May 05, 2025
India Can Hit 6.5% Growth If US Trade Deal Finalized By Oct: Virmani
India could grow at 6.5% in FY26—defying projections—if a trade deal with the US is wrapped up in the next six months, Niti Aayog member Arvind Virmani said.
2 mins
Xi Jinping to Visit Russia for Victory Day
Chinese President Xi Jinping will make an official visit to Russia from 7-10 May to participate in celebrations of the 80th anniversary of the defeat of Nazi Germany, the Kremlin said on Sunday.
1 min
Military Action Is To Be Taken With Greatest Caution
It's time to stand with the government and not indulge in unnecessary rants
3 mins
India Weighs Tighter Visa Norms for Chinese Nationals
This comes against the backdrop of rising concerns over an influx of Chinese goods into India
2 mins
Scientists Develop Gene-Edited Rice as Alternative to GM Crops
Government scientists appear to have found an alternative to contentious genetically modified (GM) crops with the launch of two genome-edited varieties of rice—a key staple and export.
1 min
Pahalgam attack: Pakistan shuts ports for Indian ships
Pakistan has banned Indian-flagged ships from entering its ports with immediate effect after New Delhi imposed fresh punitive measures against Islamabad, including a ban on the import of goods and entry of Pakistani vessels into its ports, amid heightened tensions following the Pahalgam terror attack.
1 min
Elon Musk Secures City Status for Starbase
Voters in South Texas delivered Elon Musk a decisive victory, overwhelmingly approving a ballot measure to establish Starbase, Texas, as its own city.
1 min
Firms Turn to AI-First Hiring for Scale, But Jury's Still Out
Experts and companies are divided over whether the technology will stand the test of time
2 mins
FPIs cut down on blue chips in Q4, DIIs hold steady
FPIs cut holdings in 71% of large-caps in Q4, the most aggressive pullback among all investor categories
1 min
Global equity markets not pricing in a severe downturn just yet
The real question is whether we are looking at a covid-style shock... We don't think that's likely. Rig Karkhanis Head of global markets, Nomura
4 mins
Blinkit bets on inventory model
Attracting more shoppers
2 mins
State Control on Liquor Spoils Party for a Tourist Town
Or somebody who used to spend the entire month of May playing cricket, Bertie is sheepish to admit that the Mumbai heat now gets to him.
4 mins
Revolut wants to capture India's remittance market
It is also looking to complement its cross-border services with domestic payment capabilities
3 mins
Companies in the Grip of Rising Input Costs
Oil, gas, automobile and mining sectors experienced the severest impact
2 mins
Oil India in talks with global peers for joint exploration
State-run Maharatna company seeks partners for deep & ultra-deep sea acreages, future bids
2 mins
Samsung fights India tax demand of $520 mn
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as Reliance imported the same component in a similar manner for years, documents show.
1 min
Good Glamm delays April salaries; ex-staff still owed
It needs about ₹250-500 crore to settle liabilities and pay vendors, employees and founders
2 mins
Shell Is Studying Merits of BP Deal as Rival's Stock Slumps
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it's waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter.
1 min
What a $15,000 electric SUV says about U.S.-China car rivalry
World's two biggest vehicle markets increasingly look like Mars and Venus
3 mins
Stocks roar ahead, brushing off recession warnings
Wall Street's best forecasters have been warning that tariffs could spark a recession. Goldman Sachs puts the chances at 45% in the next 12 months. Apollo Global Management's top economist recently pegged it at 90%.
3 mins
FM to lead Indian delegation at ADB
Finance minister Nirmala Sitharaman will lead the Indian delegation at the 58th annual meeting of the board of governors of the Asian Development Bank (ADB), being held in Milan, Italy, from 4 May to 7 May, the ministry said in a statement on Sunday.
1 min
APSEZ scales up in marine, logistics
Adani Ports and Special Economic Zone (APSEZ) managing director Karan Adani has said India's biggest private port operator is focusing on scaling up its marine, logistics and agri-logistics businesses.
1 min
Air India's Delhi-Tel Aviv flight diverted
An Air India flight from New Delhi to Tel Aviv was diverted to Abu Dhabi on Sunday due to a missile attack near the Israeli airport, people aware of the matter said.
1 min
Metro rail needs more green power: Urban affairs minister
Union housing and urban affairs minister Manohar Lal called for more renewable energy use in metro operations to achieve India's energy transition goals which include ramping up renewable energy capacity, promoting electric vehicles, and hitting net-zero emissions by 2070.
1 min
Maruti Factories to Build Both ICE, EVs
Maruti Suzuki is making its production capabilities flexible so that more models, including electric vehicles, could roll out from the same manufacturing set-up, according to Rahul Bharti, its senior executive officer (corporate affairs).
1 min
JLR Restarts Car Exports to the US
Jaguar Land Rover (JLR) has restarted shipments of vehicles to the United States after pausing them in the face of US President Donald Trump's tariffs, British newspaper, The Times, reported on Saturday.
1 min
Mahindra Holidays to add 850 rooms
Mahindra Holidays & Resorts India Ltd plans to add 850 rooms in the current fiscal as part of its plan to have 10,000 rooms by 2030, managing director and chief executive officer (CEO) Manoj Bhat said.
1 min
OPEC+ to Speed Up Output Hikes Over Members' Non-Compliance
Bloc shocked market in April by agreeing to faster-than-expected unwinding of cuts
2 mins
Is The Worst Over For HDFC Bank's Stock?
Brokerages have turned bullish on the bank's prospects. Something has changed
7 mins
Why Do Gaps Still Persist in Mental Health Coverage?
Limited access, stigma, low sub-limits, lack of OPD coverage still remain key challenges
2 mins
How are unused 2023 capital gains taxed?
I sold unlisted shares on 1 December 2023 with long-term capital gains, deposited the amount in a CGAS account by 31 July 2024 to claim exemption (section 54F). I don't plan to use it to buy or construct a house by 1 December 2025.
2 mins
Big Tech earnings defy fears of the worst-case scenario for stocks
Investors in the US technology behemoths that dominate the S&P 500 Index are breathing a sigh of relief as last week's earnings reports from the group show their outlooks are mostly strong in the face of President Donald Trump's shifting trade policies.
1 min
After large-cap switch, Quant MF's Sandeep Tandon adds small-caps
The veteran uses Quant's VLRT model, focusing on valuation, liquidity and risk appetite to drive investments
3 mins
Why movies that win Oscars are no longer enjoyable
The Academy Awards used to honour entertainers but veered into dull cinema in the name of art
4 mins
Why India Must Stay the Course in the Old Contest With Pakistan
We're clearly winning the long battle as each terror strike pushes Pakistan further into a corner
3 mins
High-value, white-collar inflows now dominate our remittances
A greater share of transfers from abroad has been coming from the US and our better industrialized states are top recipients
3 mins
Maybe Zelensky Should Write a Book on the 'Art of the Deal'
Ukraine's leader held firm and kept the risk of US exploitation low
3 mins
Can AI truly transform businesses? If adopted well, yes
Amid signs of AI overhype, businesses do have a way to derive value from this technology
3 mins
The real success lies in energy management
Every year, I pick up something new, whether it's a sport or a language
2 mins
Make a career pivot with help from AI
New AI tools at Salesforce, LinkedIn and others give users insight on how skills in one field can transfer to a different one
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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