Mint New Delhi - February 05, 2025
Mint New Delhi - February 05, 2025
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In this issue
February 05, 2025
Energy transition, security top global priorities despite US: IEA official
Despite the withdrawal of the US from the Paris Agreement, clean energy momentum will continue across countries, given the commercial viability and business opportunities in this space, said Brian Motherway, International Energy Agency's (IEA) head of energy efficiency and inclusive transitions office.
2 mins
NMC seeks review of medical courses
Committees of experts will review the Indian postgraduate curriculum to lift the standard of specialty courses to global levels.
1 min
Fiscal, monetary policies have to work in tandem
Finance secretary says factors such as rupee depreciation are also at play currently
2 mins
Export promotion mission to take shape in next two months
The government's export promotion mission, announced in the recent budget, is set to take shape within the next two months, bringing key ministries together to identify sectors needing capital for technology, marketing, and market expansion, two senior officials told Mint.
1 min
Shree Cement has a cost advantage. But is that enough?
A penny saved is a penny earned seems to be the mantra that helped Shree Cement Ltd improve its profitability in a challenging quarter.
1 min
All eyes on Vedanta demerger
Vedanta Ltd's stock gained 3% on Tuesday, recouping most of the losses it suffered on Monday due to a global selloff triggered by Trump's tariffs.
2 mins
Should Investors Still Consider AMC Stocks Even as Markets Stay Volatile?
Asset management companies (AMCs) were among the top picks for many investors during the Indian markets' bull run. But over 10% correction has turned the tide for Indian asset managers. The question now is: Are AMC stocks still a good bet?
2 mins
Repo Rate Cut Not Ideal Yet. Rely On Surplus Liquidity, Operation Twist
A rate cut is unlikely to stimulate investment growth amid uncertainties
3 mins
OpenAI Partners With Korea's Kakao For AI Products
OpenAI's Altman Also Discussed Stargate AI Data Centre Plan With Samsung, Arm Holdings And SoftBank
1 min
Cement-to-steel portal to add lifestyle goods
Infra.market sees bigger opportunity beyond construction materials
2 mins
Bajaj Finserv, Allianz Mull JV Exit
Bajaj Finserv Ltd is still talking to Germany's Allianz SE to part ways in their life and general insurance joint ventures, as the Indian financial services firm seeks greater control of the businesses.
1 min
Kitchen chores or laundry work, there's an app for that
On-demand home services are the new frontier for startups looking for the next big idea
2 mins
Godrej Prop to meet FY25 sales guidance
Godrej Properties reported a 152% rise in net profit to ₹158.2 crore for the December quarter, on Tuesday
1 min
Nestle's ₹7,500-cr premium opportunity
Nestle India on Tuesday said premiumization remains a ₹7,500 crore opportunity for the company, giving it space to expand its coffee, chocolates and pet care business in the country across rural and urban markets—a theme highlighted by several consumer companies as they tap changing consumer preferences and aspirations across markets.
1 min
Subscriptions drive Spotify to first-ever annual profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.
1 min
Beijing Hits Back at US Tariffs With Its Blacklist
China retaliated to Donald Trump's opening trade war tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world's biggest economies.
1 min
'Most of Delhi's bad air locally made'
Delhi-NCR's pollution during October-November is largely of local origin, with stubble burning in Punjab and Haryana contributing 14% to the overall PM2.5 levels in 2022, a study has suggested.
1 min
Expect Bangladesh to cooperate against cross-border crimes
India has conveyed to Bangladesh that it expects a cooperative approach from the neighbouring country for combating cross-border crimes, the government informed parliament on Tuesday.
1 min
Tata Power Misses Q3 Profit Estimates
Tata Power reported a smaller-than-expected increase in third-quarter profit on Tuesday due to a sharp decline in power demand.
1 min
JK Tyre Q3 profit sinks 77% to ₹51.5 cr
JK Tyre reported a smaller profit for the second straight quarter on Tuesday, hurt by weak demand from truck and bus customers.
1 min
Titan beats Q3 profit estimates
Jeweller and watchmaker Titan reported a largely flat third-quarter profit on Tuesday, but still topped estimates as customers looked past high gold prices to splurge on ornaments during the festive season.
1 min
Asian Paints Q3 vol growth strong
Asian Paints missed third-quarter profit estimates on Tuesday, but stronger-than-expected volume growth in its core domestic decorative business sent its shares up as much as nearly 6%.
1 min
Wedding spends up 14% in 2024: Report
The big, fat Indian wedding is getting even bigger. Average wedding spends in 2024 jumped 14% year-on-year, reaching ₹32-35 lakh, up from ₹28 lakh in 2023, according to a report by wedding technology platform, WeddingWire India.
1 min
SMPP, 7 others get Sebi's nod for IPO
As many as eight firms, including defence equipment manufacturer SMPP, Aditya Infotech, Brigade Hotel and PVC blend-based building material maker Kumar Arch Tech, have received Sebi's (Securities and Exchange Board of India) go-ahead to raise funds through initial public offerings (IPOs).
1 min
NSE Q3 profit rises 94% to ₹3,834 crore
National Stock Exchange (NSE) on Tuesday reported a 94% year-on-year surge in consolidated profit after tax to ₹3,834 crore for three months ended December 2024.
1 min
Ujjivan SFB applies for universal licence
Ujjivan Small Finance Bank on Tuesday announced the submission of the application for universal banking licence to the Reserve Bank of India (RBI).
1 min
All Income Groups Got Something From The Budget
Sitharaman mentioned the term 'middle-class' at least 10 times to stress its contribution
3 mins
How can I secure full ownership without legal documentation?
I have two sisters and I am the only son of my parents.
2 mins
Economic Survey: Why play down the climate crisis?
The document would do justice to the challenge if it did crystal ball gazing for clarity on what's really needed
3 mins
Does the budget signal a change in the Centre's growth strategy?
There's a shift in emphasis from infrastructure to consumption but it doesn't solve our core problems
4 mins
AI tools raise productivity and can also act as great equalizers
They can close organizational or societal skill gaps. But does everyone becoming an expert mean nobody will be an expert?
3 mins
Trump tariffs could hurt the eurozone: ECB policy is key
Europe's balance of risks would make the case for a major rate cut
3 mins
Mint New Delhi Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
Mint New Delhi is your trusted source for business and finance related latest updates. Mint New Delhi brings you the latest business news, market insights, and economic trends straight from India’s capital. Stay updated with expert analysis on stock markets, corporate developments, RBI policies, fintech innovations, and government decisions shaping the economy. With in-depth reports and exclusive interviews, this newspaper is a must-read for professionals, investors, and business enthusiasts.
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