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In this issue
May 26, 2023
Brokers asked to run warnings on F&O trading risks
Nithin Kamath, co-founder of Zerodha, said his company recently warned its active clients about the pitfalls of trading in derivatives
2 mins
RBI Presses Work 24x7 To Pump Out ₹500 Notes
This is because more customers are coming forward to exchange ₹2,000 notes instead of depositing them in their accounts.
2 mins
Banks to flag big ₹2K deposits to I-T dept
They are mandated to report such transactions to tax dept
2 mins
No angel tax relief for 3 popular jurisdictions
The tax authority has listed 21 other countries including the UK, the US, Germany and Australia as jurisdictions portfolio investors from which are exempt from angel tax
1 min
Energy security is critical to sustain India's growth: CEA
Nageswaran stressed the importance of continued funding for fossil fuels, even as India moves towards a better balance of renewables in the energy mix.
3 mins
Seed stocks to be beefed up as part of El Nino contingency preparation
The government maintains varieties of seeds for all crops, including paddy, soybean, cotton and millets like ragi and sorghum in the kharif season.
2 mins
Record food grain output likely: Govt
Total production of rice during the 2022-23 crop year is estimated to be 135.5 mt as compared to 129.4 mt in the previous year, while wheat output is seen to be 112.7 mt against the previous year’s estimated production of 107.7 mt.
2 mins
Page Industries badly needs to script a new chapter on growth
In Q3, Page’s revenues grew by just 3% year-on-year. But in Q4, revenues have fallen by almost 13% to ₹969 crore with a 14.6% drop in volume.
2 mins
Nykaa feels blues despite pink sale
Despite the Pink Love Sale in February, orders in the beauty and personal care segment fell by 7.4% in the March quarter compared to a 4% drop in the same quarter last year
2 mins
Tata Motors' Tiago, Tigor sales fuelled by EVs, CNG
The homegrown automotive major’s electric and CNG variants saw hatchback Tiago and compact sedan Tigor contribute 54% to its overall combined sales of the two models between January 2023 and April 2023
3 mins
Campus hires face six-month delay at Amazon India
The big tech and internet giants have together retrenched more than 70,000 job cuts since January amid fears a global recession will affect growth
1 min
Ola Electric hires Goldman, Kotak for IPO in early 2024
The company plans to file its draft prospectus with Sebi at the beginning of the next quarter
2 mins
DGCA asks Go First for flight resumption plan
Go First has 30 days to submit a comprehensive plan to resume normal flight operations. The airline has been asked to provide information on operational aircraft, pilots and maintenance arrangements, as well as details of its working capital and arrangements with aircraft lessors and vendors
2 mins
EU Climate Chief Says Greater Responsibility On Rich Nations
EU’s climate policy chief cautioned against protectionist moves while looking for ways to address climate change.
2 mins
Rock & roll music legend Tina Turner dies at 83
Tina Turner, the unstoppable singer and stage performer who teamed with husband Ike Turner for a dynamic run of hit records and live shows in the 1960s and '70s and survived her horrifying marriage to triumph in middle age with the chart-topping \"What's Love Got to Do With It,\" has died at 83.
1 min
Why Nusli Wadia's SOS Couldn't Save Go First
What went wrong with the low-cost airline? Here’s the inside story
8 mins
How laddering, barbell can get better returns for FDs
These strategies, along with compounding period selection, maximizes returns from the deposits
4 mins
National Symbols Must Always Work As Unifiers
India’s new Parliament building to be inaugurated this Sunday has seen a political battle erupt. Dissonance has arisen over Indian symbols. No matter what, the truth
3 mins
A decade of reformist action has catalysed the emergence of India
Seven key aspects of the Modi government’s economic strategy have set the stage for our long-term ambitions to be achieved
4 mins
Last Chinese emperor's watch sells for $6.2M
Qing dynasty's Aisin-Gioro Puyi held on to the rare Patek Philippe for years
1 min
Mint Mumbai 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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