Mint New Delhi - February 06, 2025
Mint New Delhi - February 06, 2025
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In this issue
February 06, 2025
Apex drug adviser's term expired in October. Government didn't know.
India's highest decision-making body on technical matters related to medicines ceased to exist in October after its three-year term came to an end, bringing all drug-related policy activity to a halt.
2 mins
AIIMS to go paperless in prescribing medicines
The Centre plans to develop India's premier hospital-All India Institute of Medical Sciences (AIIMS) Delhi-as a model Ayushman Bharat Digital Mission (ABDM) facility where only e-prescriptions will be generated.
1 min
Liquidity Support Is Priority; Rate Cut A Close Call
The MPC's action and commentary in this meeting will serve as a reference point
3 mins
Service growth slows to more than two-year low in January
Tepid expansion
1 min
After Makhana Board, Now an HSN Code Shortly for Fox Nuts
HSN Code Approval Process Is in Its Final Stage and Could Be Completed by April, an Official Said
1 min
Hope for homebuyers stuck with bankrupt developers
IBBI's amended regulation allows the hand-over of property to owners before debt resolution
2 mins
Wingify's Chopra eyes tech subsidy for new AI venture
Founder also plans to use $200 mn he made off Wingify's sale to bootstrap the new project
3 mins
Nestlé Not Brewing Enough Growth as Costs, Demand Pinch
Pain point Nestlé India's gross margin dropped in Q3FY25 due to steep inflationary pressures.
1 min
Asian Paints Runs Into Dull Patch
In a tight spot
2 mins
Robust travel drives hotels' Q3 growth; outlook strong
Pan-India occupancy is about 70%, a few percentage points short of the peak of 2007-08 when it was 70-72%
2 mins
Metropolis to focus on micro markets: CEO
The company is actively looking at acquisitions, with a focus on North India, to expand its presence across markets
1 min
Govt Accuses Kia of Evading $155 Mn Taxes
The car maker denies tax evasion claims linked to Carnival model imports
2 mins
Reforms key for carbon credit trading
Tata Power, one of India's largest renewable power generators, has not participated in the nascent International Renewable Energy Certificates (IRECs) market—considered an alternative to carbon credits—citing a lack of buyers.
2 mins
Amazon, king of online retail, can't seem to make its physical stores work
Amazon seemed to hedge its bets on Go from the start, making sure it wasn't locked into locations long term
3 mins
UN opposes Trump's Gaza plan
United Nations (UN) rights chief Volker Turk insisted on Wednesday that deporting people from occupied territory was strictly prohibited, after President Donald Trump's shock proposal for the US to take over Gaza and resettle its people.
1 min
Ukraine Open to Trump's Idea to Exchange Aid for Rare Earths—But There's a Catch
President Trump has indicated he is open to supplying Ukraine with more weapons in exchange for access to the country's mineral resources.
3 mins
SBI aims to raise ₹5k cr via bonds
The State Bank of India is looking to raise around ₹5,000 crore ($573.38 million) via Basel III-compliant additional Tier-I perpetual bonds before the end of February, three people aware of the matter said Wednesday.
1 min
Ola Electric forays into e-bike segment
Motorcycles are at the heart of India's mobility landscape, says CMD Bhavish Aggarwal.
1 min
BlackRock Plans to Hire 1,200 People
BlackRock Inc. plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence capabilities in the country, according to people familiar with the matter.
1 min
Zydus Lifesciences Q3 profit rises 30%
Zydus Lifesciences on Wednesday said consolidated net profit increased by 30% to ₹1,023 crore for the third quarter ended 31 December 2024, aided by robust sales across domestic and US markets.
1 min
Arvind Fashions Q3 profit surges 71%
Arvind Fashions, which retails clothing from premium brands such as Calvin Klein and Tommy Hilfiger, reported a 71% jump in third-quarter profit on Wednesday, on robust demand for high-end clothing in the festive period.
1 min
HC issues notices to banks on Mallya plea
Fugitive businessman Vijay Mallya on Wednesday claimed before the Karnataka High Court that the ₹6,200 crore debt he owes to banks has been recovered \"multiple times over,\" and sought a statement, detailing the amounts recovered from him, United Breweries Holdings Ltd (UBHL)—now in liquidation—and other certificate debtors.
1 min
A clutch of pollsters give BJP the edge in Delhi elections
To be sure, exit polls are not always accurate and have often got the verdict wrong
2 mins
Want To Be A Better Investor? Your Mindset Matters More Than You Think
Always strive to better manage your emotions when handling your investment portfolio
3 mins
Budget: Zero tax for residents, but NRIs will miss out on rebate
Budget 2025-26 has been well received by middle-class Indians, especially due to the zero tax on income of up to ₹12 lakh under the new tax regime. But, non-resident Indians (NRIs) are not thrilled.
2 mins
India's central bank needs high-frequency data on jobs
India must improve the availability of data on jobs so that it can be an input for monetary policy
3 mins
Teaching takes a lot more than what may be apparent from afar
The profession requires the development of capacities that go far beyond just technical expertise
3 mins
Costco Is Walking the Walk But Might Need to Talk the Talk Too
The retailer must clearly articulate its DEI policy to dispel doubts
3 mins
Ad agencies dying? Long may the art of persuasion live
Big ad agency names like JWT and Leo Burnett are gone but consumers still behave the way they did
4 mins
Income-based traffic penalties would be effective and equitable
India must adopt a progressive system of fines to ensure that these can deter everybody equally regardless of economic status
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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