Mint New Delhi - January 15, 2025

Mint New Delhi - January 15, 2025

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In this issue
January 15, 2025
IMD Aims To Improve Its Forecasts
India aims to improve its weather forecasting accuracy by 10-15% in the next five years by installing more radars and observational systems, India Meteorological Department (IMD) director general Mrutyunjay Mohapatra said on Tuesday.
1 min
Rural works spending may see a slight increase in FY26
Number of people seeking work every month under the scheme rose to a 4-month high in Dec
2 mins
Wholesale inflation at two-month high in Dec
(WPI)-based inflation climbed to a two-month high of 2.37% in December, according to provisional data released by the commerce and industry ministry on Tuesday.
1 min
AM Green partners DP World for green H2 supply chain
Reeneko founders-backed AM Green has partnered with global logistics giant DP World to establish advanced logistics and storage infrastructure in India and overseas to accelerate exports of green hydrogen.
1 min
New RBI governor signals he's open to more flexible rupee
The currency tumbled by the most in nearly two years on Monday to cross the symbolic 86 a dollar level
2 mins
Power thieves dragging one of India's oldest power utilities
ESC Ltd's shares are down about 10% over the past three trading sessions.
1 min
HCL valuation's a touchy point
Persisting trend?
2 mins
Sebi mulls mandating demat-only securities after stock split
The regulator has also proposed modifications to certain provisions of LODR norms
1 min
Zetwerk Selects Banks for IPO
Considerations on the IPO are preliminary and details such as size and timing of the share sale could change
1 min
Govt eyes stake sales in five lenders
The aim is to bring down the government's holding in the lenders to below 75%
1 min
Automobile dispatches rise 12% in 2024: Siam
Automobile dispatches from companies to dealers rose 12% last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body Siam said on Tuesday.
1 min
Spat over, BharatPe back on track for profitability, IPO
BharatPe has registered a GMV of ₹15,500 crore from both its merchant and consumer businesses
2 mins
Hunger games: Battle for fast food delivery heats up
Zepto outpaced Blinkit and Swiggy by launching its quick food service, Zepto Cafe, in 2022
2 mins
Govt seeks quality compliance plan from MSME drugmakers
The drug quality norms are being tightened after the medicines made in India failed overseas quality tests
2 mins
China Officials Discuss TikTok Sale to Musk
Elon Musk is one of Trump's closest allies.
1 min
How Can India's Consumption Growth Be Revived?
Net tax burden on households now exceeds 20% of private consumption spending
3 mins
Adani in talks to acquire Emaar India stake for up to ₹5,000 cr
Just a month earlier, Emaar India, which recorded a total income of ₹2,756.6 crore in FY24, up from ₹1,765.8 crore in FY23, entered the real estate market near Mumbai with a holiday home project in Alibaug.
1 min
Soaring star fees threatening the profitability of regional cinema
However, it's not fair to expect top stars to settle for peanuts when the recovery runs into crores, say trade experts
2 mins
New Deposits Beat Loans in '24
Banks add over ₹2 trillion more in deposits than loans last year, leading to softening of credit-deposit ratio
2 mins
China reins in its once-freewheeling finance sector with purges and pay cuts
Xi's campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries
8 mins
Hanging out at Starbucks? You now need to order something
The new code of conduct for customers is part of the coffee giant's effort to make its stores more hospitable
4 mins
Sri Lanka president begins China visit
Anura Kumara Dissanayake's first overseas visit as president was to India in December.
1 min
Global EV sales up 25% in record 2024
Electric car sales rose by 25% globally last year, surging in China but slowing in Europe, according to figures published Tuesday by the British consultancy Rho Motion.
1 min
LinkedIn lacks tools for disclosure: ASCI
(ASCI) on Tuesday said popular professional networking platform LinkedIn lacks disclosure tools and asked content creators or influencers to come clear on their associations.
1 min
Parliament Panel to Summon Meta
Seeking an apology from social media giant Meta for \"tarnishing\" India's image, Bharatiya Janata Party member of Parliament Nishikant Dubey, who heads Parliament's standing committee on communications and information technology, on Tuesday said the panel will summon the firm following its chairman's comments that India's ruling dispensation lost the Lok Sabha election last year.
1 min
Shoppers Stop Sees 41% Jump in Profit
Shoppers Stop Ltd posted a rise in quarterly profit on Tuesday, after two straight quarters of loss, driven by strong demand for premium products such as watches and perfumes during the festive season.
1 min
US Sanctions Push Up Oil Shipping Rates
Supertanker freight rates jumped after the US expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.
1 min
UK Launches Probe Into Google Search
Britain's competition watchdog on Tuesday launched an investigation into Google's dominant position in the search engine market and its impacts on consumers and businesses.
1 min
'Slow EV ramp-up hurting Hyundai'
A slow ramp-up of electric vehicle (EV) sales for Hyundai and its affiliate Kia in India and increased sales of petrol-engine SUVs are undermining their decarbonization efforts, Greenpeace East Asia said on Tuesday.
1 min
Need to develop earthquake warning systems, says Modi
Prime Minister Narendra Modi on Tuesday urged scientists to develop warning systems for earthquakes while noting that advanced weather forecasts have significantly reduced casualties and minimised economic losses caused by cyclones.
1 min
'Paris Agreement in grave danger'
The Paris Agreement is in grave danger and the world must mark 2025 as the year of decisive climate action to reduce greenhouse gases and speed up the transition to renewable energy, World Meteorological Organization (WMO) secretary-general Celeste Saulo said on Tuesday.
1 min
Kolkata: Where Homes Are Now Expensive
The eastern metropolis, long an affordable market, now boasts of many premium and luxury housing projects
8 mins
Mastering Fixed Income Trinity: Balancing Income, Duration and Liquidity
Investing isn't about avoiding trade-offs—it's about making informed and strategic choices
2 mins
Why it's never too early to draft a will, even with limited assets
At present, neither my wife nor I own any substantial assets, though we have nominees listed for some of our bank and demat accounts, as well as for our public provident fund and similar investments.
2 mins
The government could offer the market relief
As a long slide in Indian stock indices persists, the Centre cannot ignore the current situation. It should step up reforms and adopt measures to help the market gain allocative efficiency
2 mins
We should all look forward to a 90-hour work-month
Productivity assured by AI may help us meet Keynes' forecast of leisurely lives by around 2030
4 mins
India Needs a Specialized Cadre for Truly Effective AI Governance
Sectoral experts should be deployed across governance institutions to help make optimal use of AI
3 mins
AI regulation report: Broadly welcome but not entirely
The report bats for light-touch supervision but we need a more pragmatic approach in India's context
4 mins
Facebook and Instagram may see their users get split apart
A gulf will open up between the US and EU on social media usage
3 mins
The case for GST simplification in India is clear: It is time to act
A GST regime with uniform rates based on clear data within a broad category would enhance fairness and reduce litigation
4 mins
Neuralink Has a Third Recipient, But Not the Last
Several Companies Are Working on the Brain-Computer Interface
2 mins
Hit/miss? AI gadgets from CES 2025 that caught our eye
AI hardware made a big splash at CES 2025. We take a pick of those that stood out, and a few that have us puzzled
3 mins
Mint New Delhi 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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