Mint New Delhi - April 25, 2025
Mint New Delhi - April 25, 2025
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In this issue
April 25, 2025
Onion depots in 90 places to fight prices
The consumer affairs ministry has firmed up a plan to store onions at 90 locations across the country, so the produce can be quickly offloaded in markets when prices are high.
1 min
India to fast-track Chabahar port expansion work and rail connectivity
India plans to fast-track work on expanding the Chabahar port and providing rail links from the strategic port to Iran's border with Central Asia, a senior official said, a move aimed at countering Pakistan's China-backed Gwadar port.
2 mins
Airfares to Srinagar from Delhi, Mumbai drop 20-30%
The average airfare in the upcoming peak summer travel season from Delhi and Mumbai to Srinagar has dropped 20-30%, Google Flights data shows.
1 min
India Weighs Trade Halt With Pakistan As Tensions Escalate
India's Exports to Pakistan Surged by 127% to $1.21 Billion in 2024 From $530.91 Million in 2023
1 min
Policy change for foreign EV cos hinges on US trade deal
This comes at a time when negotiations on a bilateral trade agreement are in full swing
2 mins
Stellantis gears up for Leapmotor EVs in India
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, the executive leading the joint venture said.
1 min
TCS bets on sovereign cloud to augment India revenue
The company announced partnerships with government entities RailTel and C-DAC
2 mins
LTIMindtree: New year, new plan—but will it work?
Sluggish mode
1 min
Tech Mahindra misses revenue estimates
Tech Mahindra missed analyst estimates for fourth-quarter revenue on Thursday, as economic uncertainty weighed on spends by the software services exporter's clients, especially in its telecom vertical.
1 min
Bajaj Housing ends FY25 on high
Squeezed out Bajaj Housing Finance's loan book growth has been strong, but gross spread is narrowing.
2 mins
How Sebi Exposed MSVPL Front-Running
The case hinges on a key detail: four brokerages tied to the Big Client operated from the same Malad complex
2 mins
Country Delight in early talks to raise $100 mn
Temasek-backed Country Delight is in early discussions to raise up to $100 million in a mix of primary and secondary transactions, three people familiar with the matter told Mint.
1 min
Airtel seeks equity conversion for ₹40,000 crore govt dues
Telecom minister Jyotiraditya Scindia recently said the Centre is not considering any fresh relief for the sector
2 mins
GIC to invest ₹752 crore for 35% stake in five Samhi hotels
Singapore's sovereign wealth fund GIC is investing ₹752 crore in three hotel-owning subsidiaries of Samhi Hotels, which together house Courtyard by Marriott and Fairfield Inn by Marriott at Bengaluru's Outer Ring Road, Hyatt Regency in Pune, and its recently acquired Trinity hotel portfolio in Whitefield, Bengaluru.
1 min
Higher input costs dent Nestle India's Q4 profit
Decline comes despite double-digit growth in beverages, confectionery during the quarter
2 mins
Jio Likely to See Steady Growth in Q4
Reliance Jio Infocomm Ltd, India's largest telecom operator by market share, is expected to report a steady performance in the March quarter, driven by subscriber additions and the lingering impact of the July 2024 tariff hike, according to analysts.
2 mins
Boeing Set to Resell Jets as Tariffs Hit China Trade
Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the United States rather than store it without willing buyers.
1 min
Axis Bank Q4 profit flat as business growth stays muted
Trading income for the bank in Q4 was 83% lower on year at ₹173 crore
3 mins
Trump sued by multiple states over tariffs, trade policy
A dozen US states are challenging President Donald Trump's \"immense and ever-changing\" global tariffs in court, alleging he illegally bypassed Congress by issuing duties under an emergency economic law.
1 min
US President Trump rejects tax hike for millionaires
While the wealthy sometimes move between states to lower their tax burdens, it is much harder to move abroad
3 mins
Donald Trump meets his match: The markets
President softens his economic and trade stances in the midst of market turmoil
4 mins
Xi Is Ratcheting Up China's Pain Threshold For A Long Fight With Trump
Censorship and surveillance have helped keep the Communist Party in control, and they are getting better
6 mins
ED Detains Gensol's Puneet Jaggi
The Enforcement Directorate (ED) on Thursday conducted searches against beleaguered Gensol Engineering Ltd and detained its co-promoter Puneet Singh Jaggi from a Delhi hotel, officials in the know said.
1 min
Persistent Systems Q4 profit rises 25%
Mid-tier information technology (IT) company Persistent Systems on Thursday posted a 25% jump in March quarter profit to ₹395.76 crore.
1 min
Sebi Simplifies Norms for SM REITs
To facilitate ease of doing business for small and medium real estate investment trust (SM REITs), markets regulator Securities and Exchange Board of India (Sebi) has standardized disclosures in draft scheme offer document and simplified public issue processes for such schemes.
1 min
Michael Whitaker joins IndiGo's board
InterGlobe Aviation, the parent of IndiGo, on Thursday announced the appointment of former administrator US Federal Aviation Administration (FAA) and pilot Michael Whitaker as an independent director.
1 min
Microsoft Rejigs India Leadership
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect.
1 min
Infra lender NaBFID plans $2 billion foray into offshore debt
India's National Bank for Financing Infrastructure & Development, or NaBFID, is planning to enter the overseas credit market for the first time, and aims to raise as much as $2 billion through loans and bonds this financial year, according to people familiar with the matter.
1 min
IMF chief calls for economic reforms
International Monetary Fund (IMF) chief Kristalina Georgieva on Thursday called on countries to urgently resolve trade tensions, safeguard economic stability and address domestic imbalances, warning that continued uncertainty and policy inaction risked worsening the global growth slowdown.
1 min
Devyani to buy Sky Gate's 80.72% stake
Quick service restaurant chain operator Devyani International Ltd (DIL) on Thursday said it will acquire up to 80.72% stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore.
1 min
Strong India growth for Kaspersky in '24
Global cybersecurity firm Kaspersky has recorded a very strong double-digit growth in India in 2024, according to Kaspersky APAC managing director Adrian Hia.
1 min
Minda Lowers Stake in JV with Furukawa
Minda Corp. Ltd on Thursday said its stake in Furukawa Minda Electric Pvt. Ltd, a joint venture (JV) with Japan's Furukawa Electric group, will be reduced to 17.54% following a share subscription agreement with its partner.
1 min
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China wants to see a number of steps from US before it agrees to trade talks
1 min
Nicobar's development signals a loss of balance
Tribal ways of life and a treasure trove of biodiversity are too high a price to pay for Great Nicobar Island's transformation. Mega projects must never escape the scrutiny of reason
2 mins
The Agentic Revolution of AI Has Already Sneaked into Human Life
OpenAI's 03 and 04 agents mark an inflection point in the journey of AI taking over human tasks
3 mins
Check the risks before trying to give the planet a sunscreen
Geo-engineering must be regulated and studied to avert accidents
3 mins
Don't relax with your coffee, dance with it
A coffee rave is a way to build a following and a community for both the café and the DJ or musician performing there
4 mins
The Hottest Amenity Coming to an Airport Is a Chill Zone
US terminals are adding outdoor spaces to give travelers a place to catch the breeze or enjoy views of farms on-site
3 mins
Mint New Delhi Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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