Mint New Delhi - April 07, 2025

In this issue

April 07, 2025

You may get to buy ETFs on China, US in GIFT City

A new investment route is opening up for Indians keen to invest in exchange-traded funds (ETFs) tracking global indices, but are exasperated by the higher prices they shell out now thanks to the limited availability of such funds in India.

2 mins

RBI may cut repo, keep policy stance unchanged: Poll

A combination of easing inflationary conditions and tightening economic growth may prompt India's central bank to cut the policy rate in the upcoming meeting of its rate-setting panel, according to a Mint poll of 10 economists.

2 mins

New-look digital bill may spare startups

Centre plans to cut list of categories, and raise the thresholds

2 mins

IS A NEW AYODHYALIKE PLAN BREWING IN RSS BACKROOM?

The RSS is unleashing its cadre while retaining the option of deniability

3 mins

US to See Major Impact of Tariff, Says Kaushik Basu

Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S.

1 min

Govt rushes to find demand for e-trucks

At the end of the first year, there has been no progress on e-trucks, and the government is yet to notify the localization norms

2 mins

Starmer Vows Steps Against Tariff Threat

US President Donald Trump last week announced sweeping global tariffs, including a 10% levy on British goods

1 min

Insurance Laws Bill Likely To Be Tabled In Monsoon Session

Bill was delayed as finance ministry sought to add provisions on FDI, ease of operational issues

2 mins

Wipro's venture arm banks on AI with new co-chief

Wipro Ventures' new co-managing partner Ali Wasti is expected to drive a deeper focus on artificial intelligence at the $500-million corporate venture arm of Wipro Ltd.

1 min

Pristyn in talks to raise up to $10mn for Beatxp

Pristyn Care was trying to raise a higher amount earlier for its fitness arm

2 mins

Meta Releases New Llama 4 AI Models

Meta Platforms Inc. announced the release of its new Llama 4 artificial intelligence models, built on what the company says is one of the world's most advanced large language models.

1 min

Futures signal Monday pain for retail, HNIs

Retail and HNI investors have significant bullish positions open on Nifty and Bank Nifty derivatives

2 mins

'Domestic-focused businesses can shield portfolio from uncertainty'

India's domestic-focused businesses will feel relatively less pain of the US reciprocal tariffs and it would pay to stay invested in businesses oriented toward local markets, according to a top fund manager of Kotak Mahindra Asset Management Company Ltd.

4 mins

India's Glass Half Full Or Half Empty? No Clear Answer Yet

It's heartening that nobody was called an andh bhakt, neither asked to decamp to Pakistan

4 mins

EM earnings brace for tariff wrath

Hard pressed

2 mins

DESPITE TARIFF HEAT, POLICY EASING LIKELY TO STAY ON TRACK

India's inflation may undershoot RBI forecast by 40-50 basis points

2 mins

Prestige hotel arm to file for ₹2,000-2,500 cr IPO in April

Company may dilute 10% stake in public offer; funds to be used for growth, retiring debt

3 mins

VW delayed $1.4 bn tax case: Customs

Customs authorities said that Skoda Auto Volkswagen India Pvt. Ltd delayed provisional tax assessments of $1.4 billion (approximately ₹11,526 crore) by not providing the required information on time.

1 min

Hyatt eyes tier-II India for next 50 hotels

Hyatt Hotels will open new properties in India and Southwest Asia, targeting growing domestic demand for experience-led stays and expanding into leisure and business hubs even as international arrivals have yet to pick up.

2 mins

Tariff hikes may spare high-end Indian spirits

26% US reciprocal tariffs on liquor unlikely to dent single malt exports

2 mins

'Alternative energy to gain prominence'

At a time protectionism is rising around the world, global trade is witnessing dynamic changes and several countries are moving away from globalization. Mallika Ishwaran, chief economist, Shell, said countries are likely to turn towards alternative energy sources to achieve energy security on their own.

1 min

Tesla Entry Will Help Grow India EV Market

Tesla opened recruitments for various roles in India in February, in what could be a precursor for the company's entry

1 min

Inside Elon Musk's shock-and-awe months in the White House

In the end, all it took to oust Postmaster General Louis DeJoy, whom President Trump appointed in his first term, was a nudge from Elon Musk.

6 mins

China Wanted to Negotiate With Trump. Now It's Arming for Another Trade War.

Communication between Washington and Beijing is at a standstill, raising the prospects of a long cycle of tariff retaliation

7 mins

Israel Walks Back Account of Killing 15 Gaza Medics

The Israeli military backtracked on its account of the killing of 15 Palestinian medics by its forces last month after phone video appeared to contradict its claims that their vehicles did not have emergency signals on when troops opened fire on them in the Gaza Strip.

1 min

The branding guy hired to make Yahoo cool again

As Yahoo's new chief marketing officer Josh Line needs to bring the company back into the spotlight

4 mins

More Women Participating in Economy, Education, Business

Female participation in capital market is also growing, but overall numbers are small

1 min

EV sales set for rapid growth: Garg

The electric vehicle (EV) segment is set for rapid growth as its penetration in the domestic passenger vehicle segment may touch 12-13% over the next four-five years amid favourable government policies and mainstream OEMs (original equipment manufacturers) driving in models to cater to diverse customer needs, Hyundai Motor India whole time director and chief operating officer Tarun Garg said.

1 min

India yet to secure offshore campuses

India is yet to secure a campus from any of the leading global universities, including Ivy League institutions, and should make efforts for it, a Parliamentary panel has noted.

1 min

Amul total revenue likely ₹1 tn by FY26

India's leading dairy brand Amul's revenue is expected to rise more than 10% to about ₹1 trillion this fiscal due to rising consumer demand for milk and its products.

1 min

'Doing better than others after tariffs'

Asserting that a situation of confusion persists in the world after the recent imposition of reciprocal tariffs by the US, National Stock Exchange (NSE) managing director and chief executive officer Ashish Kumar Chauhan on Sunday said India is doing much better than other countries.

1 min

Dated tax trick or secret weapon: Can indexation still pack a punch?

Difference between 12.5% without indexation and 20% with it lies in the fine print, affecting your final tax bill

4 mins

Is Your iPhone GST Hack Clever? Not If The Taxman Asks

If the device is used personally, the input credit may be denied, and penalties could apply

3 mins

TDS on rent: what if there are 2 landlords?

Do you have a personal finance query? Send in your queries at mintmoney@livemint.com and get them answered by industry experts.

1 min

How to reform your son after you watched a TV show

Reformers of men are asking boys to watch 'Adolescence' in the hope that it will prove educative

4 mins

From US tariffs to a trade deal: What are our strategic options?

India should not rush into a pact but instead watch how various scenarios might unfold while accelerating domestic reforms

4 mins

How sleep can make or break your career

Indian adults lose about three nights of sleep every week, which affects their physical and mental health and productivity at work

4 mins

'Hate your heroes to change for the better'

Architecture Discipline's Akshat Bhatt on mentorship and being a metalhead

2 mins

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