Mint New Delhi - May 07, 2025

Mint New Delhi - May 07, 2025

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In this issue
May 07, 2025
Moody's Cuts India's GDP Growth Forecast
Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3%, from 6.5%, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions.
1 min
Women, SCs, STs, OBCs a fraction of apex court nominees for HC judges
Only 3.6% of Supreme Court nominees for the position of judges of various high courts since November 2022 were from scheduled castes and even fewer from scheduled tribes, according to disclosures made by the apex court.
2 mins
Services sector rebounds in Apr
Tepid expansion India's services sector activity rose in April compared to the previous month.
1 min
India Up Three Spots to 130 in Human Development Index
India has climbed three spots in the Human Development Index (HDI), ranking 130 in 2023, up from 133 in 2022, according to a UN Development Programme (UNDP) report released on Tuesday.
1 min
E-pharmacies, chemists at odds on home delivery halt
The govt's move can disrupt the business of e-pharmacies such as Tata Img, Amazon, Flipkart
2 mins
Gaganyaan trials to begin by end-2025
The Indian Space Research Organisation (Isro) is set to launch the first trial mission of Gaganyaan—India's effort to put a human in space and on the moon—by the end of 2025, government officials said at a press briefing on Tuesday.
1 min
Vacuum in Law Keeps Private Sector From Exploring Space
Lack of urgent notification of space law and FDI rules is stagnating business potential
3 mins
Radico eyes 30% growth for luxury spirits
Radico Khaitan Ltd, the maker of Rampur single malt, will focus on luxury brands this fiscal even as both premium and mass-market brands drove its volumes in the year ended March.
1 min
JSW Steel faces prolonged uncertainty after BPSL setback
Uncharted terrain
1 min
Consumption cos bare revenue-profit gap
Mixed bag Rising input costs and tepid urban demand are squeezing margins, even as pricing actions help protect revenue.
1 min
Can M&M Keep Its Pace in FY26?
Harvesting gains M&M's Q4FY25 farm equipment segment Ebit margin rose sharply year-on-year without any significant price hike.
2 mins
Sharma Sees Paytm Turning Profitable From This Quarter
Paytm Is Bullish On Incremental Revenue, Citing The Expectation That The Govt Will Allow MDR 'Soon' On UPI Payments
2 mins
Retail investors' small-cap love fizzles out during crash
When the tide turned
1 min
Games24x7 lays off staff as SC hears GST case
Games24x7 initiated layoffs over the past few days, coinciding with the Supreme Court hearings on the 28% Goods and Services Tax (GST) on online gaming that began Monday.
1 min
Dermicool soaps? Emami begins core brand extensions
Despite its portfolio of well-known brands, Emami's business remains relatively smaller than domestic peers
1 min
OTT handprints on star-powered films
Video Streaming platforms such as Netflix and Prime Video, often locked in a fierce battle for content, are now securing post-theatrical rights for major star-driven films right from their announcement.
1 min
New satcom guidelines to bolster security
Guidelines issued this week for satellite internet services companies address crucial cross-border security issues, including from Pakistan, minister of state for communications, Chandra Sekhar Pemmasani, said on Tuesday.
1 min
Govt weighs pvt sector exec to lead manufacturing push
The push comes at a time when manufacturing share of GDP has stood at 15-17% for years
3 mins
Trade pact with EU possible by year-end: FM Sitharaman
If the collective effort is to get the world greener, global economy has to become greener, Sitharaman said
2 mins
TPG Picks Up 35% in SCHOTT Poonawalla
TPG's healthcare expertise and global network will boost SII's vaccine delivery innovation and packaging
1 min
BII Takes 10% Stake for $100 Mn in ReNew Arm
BII backs ReNew Photovoltaics in its first solar manufacturing bet in India
2 mins
Avoid unforced errors and stay humble: Warren Buffett's leadership lessons
For chief executives across America, Warren Buffett isn't just an unrivaled investor.
4 mins
Federal Reserve Confronts Lose-Lose Scenario Amid Haphazard Tariff Rollout
Central bank prepares for difficult judgments, emerging divisions regarding when to cut rates
5 mins
US Proposes Break-Up of Google Ad-Tech Products
The proposed remedies, including divestitures, are necessary to end the tech giant's monopolies
1 min
Germany's Merz becomes chancellor on second try but emerges weakened
Conservative politician had failed to secure enough support in initial round of parliamentary voting
3 mins
Jio Finance to debut rupee bond sale
Jio Finance Ltd, a shadow lender owned by Asia's richest businessman Mukesh Ambani, is planning to raise as much as ₹1,000 crore in the onshore market through its first ever bond sale, according to people familiar with the matter.
1 min
India's GDP to beat Japan's in 2025: IMF
India is likely to gallop past Japan to become the world's fourth-largest economy in 2025, the International Monetary Fund's (IMF) April 2025 World Economic Outlook (WEO) has projected, with Germany next in its sights for the third position.
1 min
SAIL to import trial coking coal cargo
Steel Authority of India Ltd plans to import a trial coking coal cargo from Mongolia this month and may fly it in to speed up testing, two persons aware of the matter said.
1 min
OpenAI Back to Non-Profit Control
OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.
1 min
RBI Norms to Slow NBFC Gold Loans
Implementing the guidelines proposed in the Reserve Bank of India's (RBI) draft on gold loans will slow down the asset growth of non-bank financiers in the segment, according to a Crisil report released on Tuesday.
1 min
Ola Group to Set Up Holding Company
Ola Group is reorganising its corporate structure by establishing a holding company to consolidate its brand intellectual property (IP) assets, aiming to eliminate intra-group cross-holdings and simplify internal ownership structures, according to people familiar with the matter.
1 min
Veritas Finance, Laxmi India, 3 others get Sebi nod for IPOs
As many as five companies including Veritas Finance, Laxmi India Finance and Ajay Poly have received Sebi's go-ahead to raise funds through an initial public offering (IPOs), an update with the markets regulator showed on Tuesday.
1 min
By 2032, India to have 123 mn EVs
India will have 123 million electric vehicles (EVs) on road by 2032 under the best case scenario, said a report by India Energy Storage Alliance and Customised Energy Solutions released on Tuesday.
1 min
DoorDash to buy UK rival for $3.9bn
DoorDash, the ubiquitous US food delivery app, has agreed to acquire British rival Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East.
1 min
CG Power reports 17% Q4 profit rise
CG Power and Industrial Solutions Ltd, a leader in the electrical engineering industry segment, reported a standalone profit after tax of ₹275.49 crore for the January-March 2025 quarter.
1 min
Security drills in 300 districts with sensitive installations
Measures include air-raid warning sirens, training civilians on civil-defence aspects
1 min
Is The 'Instagram Brand' Era Coming To An End?
Since the pandemic, D2C brands have struck gold online with Instagram ads. That playbook is changing.
8 mins
Why do trading apps collect more data than they need?
Experts warn of potential data misuse, profiling and consent manipulation via dark patterns
5 mins
ITR Filing for FY25: From LTCG to Buyback Dividend Tax, Your Complete Guide
New thresholds for capital gains, buybacks, new tax rules—all for greater clarity and compliance
3 mins
RBI's Increasing Fiscal Support Deserves a Closer Look
The Central Bank's Rising Dividend Payouts Come at a Cost That Must Not Be Overlooked
4 mins
Our Defence Policy Must Gear Up for a 3.5-Front Security Challenge
It's time to raise our defence budget and focus on R&D, space capabilities and private participation
3 mins
Businesses Need Resilience Amid High Environmental Uncertainty
They must step out of their commercial cocoons and take on challenges of the environment in the face of an uncertain future
4 mins
Singapore Has Voted for Safety and Familiarity Amid Anxiety
The ruling party should pay close attention to people's concerns
3 mins
We Need Strict Rules for Genetically Engineered Animals
The Extinct Dire Wolf's Part Resurrection Raises Questions of How Far This Science Can Be Allowed to Go
3 mins
You could Doom-scroll, or maybe not
While we wait for Doom's sequel, there are joyful new games to play
1 min
The best smartphone cameras money can buy
We put four leading smartphones known for their cameras to the test so that you can choose the one that works best to show off your skills
5 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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