Mint Kolkata - May 14, 2025

Mint Kolkata - May 14, 2025

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In this issue
May 14, 2025
Govt orders petrol cars, ignores CAQM's advisory
In a perplexing move, the environment ministry has put out a tender to buy 57 petrol-powered cars—less than a week after a pollution control body urged all government institutions in the national capital region to buy only cleaner-fuel vehicles.
1 min
US farm produce, petchem, med devices face $1.9 bn tariffs
The move signals New Delhi toughening its posture amid ongoing trade talks with the US
2 mins
Will retaliate if Pakistan uses military or terror
Prime Minister Narendra Modi on Tuesday warned Pakistan against any future attacks against India, saying Indian forces are on high alert and that any engagement from Pakistan—whether through terror attacks or military operations—will face aggressive retaliation on India's terms.
1 min
Natural farming is booming; now it may finally get certified
The government is likely to introduce a certification system for natural farming, modeled on the one for organic produce, a senior agriculture ministry official said, in a bid to boost consumer trust and farmer income.
1 min
Murugappa chip unit to start supply next year
The $9-billion Murugappa Group's outsourced semiconductor assembly and testing (Osat) plant, approved in February last year in partnership with Japan's Renesas Electronics, will commence supplying chips to paying clients by the first half of next year, according to a senior executive.
1 min
Fintech unicorn Moneyview sets $400-mn IPO in motion
The firm has appointed bankers for the listing as regulatory scrutiny intensifies on fintechs
3 mins
Britannia's cost cuts also need a volume growth rebound
A bit soggy
2 mins
Founders hike stakes in select small-caps
Stake shuffle
2 mins
Alibaug's property market opens to mainstream luxury developments
Alibaug, a charming coastal town near Mumbai, is seeing a surge in luxury property development as branded residences and high-end hotels target a broader range of buyers beyond celebrities and business tycoons.
2 mins
Nissan shuts units, culls jobs after worst loss in 25 years
Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French carmaker Renault SA rescued it from near bankruptcy a quarter century ago.
1 min
Hero MotoCorp Rides Exports, EVs to 9% Revenue Rise in FY25
Delhi-based Hero MotoCorp's overseas sales surged 44% to 289,668 units in FY25, becoming a key growth driver
2 mins
TaMo profit drops as JLR margins suffer; view fuzzy
Net profit for the full year fell 11% to ₹28,100 crore, down from ₹31,800 crore in FY24
2 mins
Biocon Sees Mid-Teens Revenue Growth
Biocon expects mid-to-high teens growth for its generics and biosimilars businesses in this fiscal year
2 mins
Lack of hotel rooms pushing up travel costs for Indian tourists
Overall travel costs are not easing just yet for Indian tourists as hotel rates remain firm due to limited supply, Mahesh Iyer, managing director and CEO of Thomas Cook India, told Mint.
1 min
Code junkies make way for AI pros as skills base shifts
The IT sector was one of the top recruiters in 2024 despite crests and troughs in job market
2 mins
Don't expect immediate impact of US tariff threat: Cipla's CEO
Cipla does not expect any immediate impact from potential tariffs imposed by the US on pharmaceutical imports or from US President Donald Trump's recent order to bring down prescription drug prices, the company's managing director and global chief executive, Umang Vohra, said.
1 min
Small-town content creators can now play in big leagues
Several AI platforms offer only a few basic features for free, requiring users to pay for more advanced tools
2 mins
India's Gen Z loves premium alcohol but is drinking less
Data shows Gen Z drinkers are more inclined than millennials to cut alcohol consumption
3 mins
Trump's family is rapidly striking business deals in the Mideast
Saudi Arabia, the United Arab Emirates and Qatar stand out for their warm embrace of Trump Inc.
6 mins
China Is Building Megaports in South American Countries to Feed Its Need for Crops
China has reassured its citizens they would have enough to eat without U.S. crops.
3 mins
CEOs rush to get their shipments from China while trade truce lasts
Business leaders welcome 90-day reprieve but call for longer-term trade deal
3 mins
GSK Pharma Sees Profit Rise in Q4
India's GlaxoSmithKline Pharmaceuticals reported a higher fourth-quarter profit on Tuesday, led by steady demand for its generic drugs.
1 min
Brazil, China Vow to Guard Free Trade
China and Brazil pledged on Tuesday to defend free trade and multilateralism as the two countries signed 20 agreements in Beijing to strengthen their ties amid global trade uncertainties.
1 min
Prime Video to stream ads in India
Amazon Prime Video customers in India were in for an unpleasant surprise on Tuesday afternoon when they received emails announcing movies and shows on the service would have ads from 17 June 2025.
1 min
China Lifts Ban on Boeing Deliveries
China has removed a month-long ban on airlines taking delivery of Boeing Co. planes, according to people familiar with the matter, following a breakthrough in trade talks with the US that temporarily slashed tariffs on each side.
1 min
Honeywell India's Q4 profit drops
Honeywell Automation India reported a fourth-quarter profit fall on Tuesday as rising expenses outpaced revenue growth.
1 min
NCLT defers Bhushan case
(NCLT) on Tuesday deferred the Bhushan Power & Steel Ltd (BPSL) insolvency case to 30 May, when it is expected to issue directions on a plea filed by former promoter Sanjay Singal.
1 min
India Sees 5.4 Million Displacements
India recorded 5.4 million displacements in 2024 due to floods, storms and other disasters, the highest figure in 12 years, a new report said on Tuesday.
1 min
Gems, jewellery exports dip 4.62%
India's overall gems and jewellery exports dipped by 4.62% to $2,037.06 million in April, compared to $2,135.7 million during the same month of the previous fiscal year, as per Gem and Jewellery Export Promotion Council (GJEPC) data released on Tuesday.
1 min
Southwest Monsoon Hits Andaman & Nicobar Two Days Ahead
The Southwest monsoon advanced into some parts of south Bay of Bengal, south Andaman Sea, Nicobar Islands and some parts of north Andaman Sea on Tuesday, two days ahead of schedule, Mrutyunjay Mohapatra, director general of India Meteorological Department (IMD), said.
1 min
GAIL Profit Falls on Lower Gas Margins
As distributor GAIL (India) posted a bigger-than-expected fall in quarterly profit on Tuesday, dragged by lower gas marketing margins and higher costs.
1 min
India Tightens Drug Export Rules to Curb Narcotic Misuse
CDSCO Has Introduced a Two-Step Verification for Drug Manufacturers
1 min
TCS Isn't Thriving. Can Chandra Fix the Firm?
Parent Tata Sons wants India's largest IT services company to quickly shape up. It won't be easy
8 mins
Why Joint Loans Are a Viable Alternative for Homebuyers
Find out how tax breaks, discounts and lower stamp duty benefit couples and co-borrowers
4 mins
Getting Life Insurance Right: How Tech, Clarity Can Help Combat Misselling
Life insurance is a key pillar of financial security, offering peace of mind and protection for loved ones.
3 mins
TCS Isn't Thriving. Can Chandra Fix the Firm?
Parent Tata Sons wants India's largest IT services company to quickly shape up. It won't be easy
7 mins
Verifiable credentials grant us agency over our data
These enable individuals to share data as they see fit and can do away with large back-end systems
4 mins
Gene editing: Are humans really ready to rewrite the book of life?
Recent advances in this field are both amazing and scary. This amplifies the dilemmas we confront
3 mins
The IMF loan to Pakistan should spark a debate on voting reform
A multilateral institution whose decisions reflect outdated economic realities cannot serve the interests of its members well
4 mins
What makes Melania Trump the first First Lady of her kind
She is redefining this US role her very own way for better or worse
3 mins
Businesses are going global but tribal instincts prevail
Who knows who still matters but we must break out of closed networks for ethical and economic wins
3 mins
AI Deepfakes Are Pushing Bogus Cures
Nuclear-powered AI, OpenAI's collab with countries and more AI news
1 min
Digital address books become memory keepers
The digitization of address books has transformed locations from static coordinates into living proxies of connection and meaning
5 mins
A familiar classic, refined for your reading needs in 2025
Amazon's latest iteration of the Kindle Paperwhite e-reader doesn't scream reinvention but whispers refinement
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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