Mint Mumbai - June 02, 2023Add to Favorites

Mint Mumbai - June 02, 2023Add to Favorites

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In this issue

June 02, 2023

Govt weighs 3-8% increase in MSP for kharif crops

The central government is weighing a 3-8% increase in the minimum support price (MSP) for key kharif crops in 2023-24, according to two people familiar with the development.

Govt weighs 3-8% increase in MSP for kharif crops

2 mins

FPIs face scrutiny as custodians label Mauritius high risk

Several global custodian banks have classified Mauritius as a ‘high-risk jurisdiction’ for Indian inflows as regulatory scrutiny intensifies in the country. Foreign funds set up through these custodians will face enhanced compliance requirements as a result.

FPIs face scrutiny as custodians label Mauritius high risk

2 mins

Embraer taps Tata, M&M for local mfg

Defence partnership likely by end of year; firm eyes IAF order

Embraer taps Tata, M&M for local mfg

2 mins

Be afraid? Why tech pioneers are in a bind about AI

Tech experts led by OpenAI CEO Sam Altman, whose ChatGPT broke the internet are insisting that the very technology they helped nurture should now be heavily controlled, citing pandemics and nuclear war. Is this a case of fear of the future? Mint explores:

Be afraid? Why tech pioneers are in a bind about AI

2 mins

Manufacturing PMI at 31-mth high on restocking, rising biz

Easing supply chain concerns and commodity prices provided tailwinds to the sector

Manufacturing PMI at 31-mth high on restocking, rising biz

2 mins

May GST haul swells 12% to ₹1.57 trillion

Central and state governments collected ₹1.57 trillion in Goods and Services Tax (GST) in May, 12% more than what they netted from the indirect tax a year ago, the finance ministry said on Thursday.

May GST haul swells 12% to ₹1.57 trillion

2 mins

Google leads $36 mn round in Pixxel in India spacetech bet

With the latest Series B round, Pixxel has raised $68.3 million in total funding so far

Google leads $36 mn round in Pixxel in India spacetech bet

3 mins

Setback for Byju's as lenders quit talks to recast $1.2 bn loan

Creditors to Byju's, India's most valuable startup, have pulled out of negotiations with the company to recast a $1.2 billion loan, posing a new setback to the beleaguered tech firm, according to people familiar with the matter.

Setback for Byju's as lenders quit talks to recast $1.2 bn loan

1 min

Federal Reserve likely to skip interest rate hike at next meet

Leading Federal Reserve officials are sending out stronger signals that they will forego an interest rate increase at the central bank's next meeting in June, though they indicate hikes could resume later this year.

Federal Reserve likely to skip interest rate hike at next meet

1 min

Capex a saving grace for India's GDP

India’s gross domestic product (GDP) print for the January-March quarter (Q4FY23) and FY23 sprang a positive surprise, despite headwinds.

Capex a saving grace for India's GDP

2 mins

Electric 2-wheeler sales jump as buyers see price hike ahead

The registration of electric two-wheelers soared 57% in May to reach one lakh units for the first time in a single month, as buyers flocked to e-bike showrooms in droves, anticipating a 15-20% price hike starting in June, and making reservations for vehicles at lower prices with a larger FAME-II subsidy.

Electric 2-wheeler sales jump as buyers see price hike ahead

2 mins

Two-wheeler, PV sales roar on rural demand

Surge led by improved rural incomes, increased wedding season buying

Two-wheeler, PV sales roar on rural demand

2 mins

India, EU may strike amicable settlement on ICT import duty

WTO panel ruling on ICT tariff dispute spurs talks between India and the European Union

India, EU may strike amicable settlement on ICT import duty

3 mins

House okays debt-limit deal

The bill sailed through in the House with a favourable 314-117 vote, relying on both Republicans and Democrats

House okays debt-limit deal

5 mins

WHY MINDA HAS ITS EYES ON PRICOL'S DASHBOARD

Can the Coimbatore-based auto components maker preempt a possible takeover attempt?

WHY MINDA HAS ITS EYES ON PRICOL'S DASHBOARD

8 mins

India's GDP data reveals some disquieting details

The headline figure points to healthy growth, but weakness in private consumption and farm growth that isn't validated by other indicators calls for attention of our policymakers

India's GDP data reveals some disquieting details

2 mins

The US debt ceiling mess shows why a Fiscal Council is a bad idea

The failure of even the non-partisan Congressional Committee of Budget in preventing the debt cliff-edge has lessons for India

The US debt ceiling mess shows why a Fiscal Council is a bad idea

3 mins

The Russia-Ukraine war may become a testing ground for AI

It can give a clear view of just how deep AI's impact on war can be

The Russia-Ukraine war may become a testing ground for AI

3 mins

Single-malt whiskies lift spirits of inflation-hit investors

High-end, rare whisky has caught the attention of investors, especially from India and China

Single-malt whiskies lift spirits of inflation-hit investors

3 mins

After 14 years, Dubai revives palm island plans

The project's revival comes amid a rebound in UAE's property market

After 14 years, Dubai revives palm island plans

2 mins

Read all stories from Mint Mumbai

Mint Mumbai Newspaper Description:

PublisherHT Digital Streams Ltd.

CategoryNewspaper

LanguageEnglish

FrequencyDaily

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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