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Mint Kolkata

Elon Musk Calls Trump Megabill a 'Disgusting Abomination'

Billionaire sides with GOP critics who say measure doesn't cut spending enough

4 min  |

June 05, 2025

Mint Kolkata

Relief for R-Infra as NCLAT puts insolvency on hold

In April 2022, IDBI Trusteeship filed an insolvency plea, claiming Reliance Infra had defaulted on ₹88.68 crore

2 min  |

June 05, 2025

Mint Kolkata

Safety ratings for e-rickshaws and 3-wheelers likely

The Union government is considering safety ratings for electric three-wheelers and electric rickshaws amid a surge in the adoption of electric vehicles in the three-wheeler segment.

1 min  |

June 05, 2025

Mint Kolkata

The Economy's Gaining Strength and So Is the Urgency of Reforms

India must act quickly to gain from the opportunities that a global trade shake-up could open up

3 min  |

June 04, 2025

Mint Kolkata

Ageing parents? Employer health plans offer a way in

At 30% lower cost, employer plans often skip health checks or cover pre-existing conditions

3 min  |

June 04, 2025

Mint Kolkata

Wise gets nod for cross-border ops

Global technology company Wise on Tuesday said it has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator.

1 min  |

June 04, 2025

Mint Kolkata

Markets lose steam on weak global cues

Equity benchmark indices Sensex and Nifty tumbled nearly 1% on Tuesday, weighed down by a widespread selloff amid foreign fund outflows and growing geopolitical uncertainties.

1 min  |

June 04, 2025

Mint Kolkata

America's 3.5% remittance tax will empower informal cartels

Expensive formal transfers will make space for hawala operators

3 min  |

June 04, 2025

Mint Kolkata

Content creation: Intimidation could hurt innovation

Fix copyright law provisions so that makers of YouTube content can claim a fair share of rights

4 min  |

June 04, 2025

Mint Kolkata

OPEC Raises Oil Output in May

OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.

1 min  |

June 04, 2025

Mint Kolkata

Contingency plans in play for apparel, drug, tyre cos

Firms tweak business strategies to mitigate risk emanating from 10% US tariffs on all imports

3 min  |

June 04, 2025

Mint Kolkata

Hyundai, Kia Sell Stake in Ola Electric

South Korean automakers Hyundai Motor Co. and Kia Corp. sold about 136 million shares in Ola Electric Mobility Ltd on Tuesday, just days after the Indian e-scooter firm posted quarterly losses that had more than doubled.

1 min  |

June 04, 2025

Mint Kolkata

OECD Trims Global Outlook as Trump Trade War Hits US Growth

Global economic growth is slowing more than expected only a few months ago as the fallout from the Trump administration's trade war takes a bigger toll on the US economy, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday, revising down its outlook.

2 min  |

June 04, 2025

Mint Kolkata

Lemon Tree investors must watch debt after a good FY25

Lemon Tree Hotels Ltd's FY25 benefitted from a full-year contribution of Aurika, Mumbai SkyCity, which opened in the third quarter of FY24.

2 min  |

June 04, 2025

Mint Kolkata

US Wants Best Trade Offers Made by Today as Tariff Deadline Looms

The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners seen by Reuters.

1 min  |

June 04, 2025

Mint Kolkata

Desi grassroots dramas help OTTs cut production costs, boost returns

The trend may have started in April 2020, but has spread as makers take shows to small, remote parts

2 min  |

June 04, 2025

Mint Kolkata

Russia, Ukraine ratchet up war while trying to show they want peace

Russia is likely to intensify attacks in response to Kyiv's drone strikes ahead of a summer offensive in planning stages

4 min  |

June 04, 2025

Mint Kolkata

KKR Builds Record $42 Billion Private Real Estate Loan Pipeline

The firm expects more deals as property prices reset and other lenders pull back amid market volatility

1 min  |

June 04, 2025

Mint Kolkata

Narcotics biggest threat, DRI must stop it

Finance minister Nirmala Sitharaman on Tuesday asked revenue intelligence officers to develop better coordination with state and central agencies and expeditiously work on \"actionable intelligence\" to nab masterminds behind smuggling syndicates.

1 min  |

June 04, 2025

Mint Kolkata

Tata Motors to rev up premium EV play

The launch of the new EV comes at a time when Tata Motors' lead in the EV segment is being aggressively challenged

2 min  |

June 04, 2025

Mint Kolkata

Market Discipline Will Probably Prevail Over Flawed US Policies

The collective power of global investors raises the hope that the Trump administration will stop acting on its worst instincts

4 min  |

June 04, 2025

Mint Kolkata

Most Adani stocks fall on probe report

Most Adani Group units' shares fell Tuesday after a report by The Wall Street Journal said US prosecutors are probing the Indian conglomerate's possible dealings with sanctions-hit Iran.

1 min  |

June 04, 2025

Mint Kolkata

DoT Blocks Bank Guarantee Demand in Relief to Telcos

Telecom regulator has so far fined telecom firms over ₹140 cr for failing to check spam calls

3 min  |

June 04, 2025

Mint Kolkata

India's Electronics Sector Must Ascend the Value Curve

We Should Charge Ahead with Ambitions of Sophisticated Manufacturing. This Will Yield Far Greater Gains

3 min  |

June 04, 2025

Mint Kolkata

India now a hub for tech, innovation

India's IT sector has moved dramatically from an outsourcing model to a technology and innovation hub, Virgin Atlantic chief executive officer Shai Weiss said as the British carrier announced a seven-year deal with Tata Consultancy Services (TCS) to modernise airline operations with AI-led solutions.

1 min  |

June 04, 2025

Mint Kolkata

Zydus Buys Agenus' Biologics Facilities in US for $125 Million

Zydus Lifesciences announced on Tuesday it is acquiring two biologics contract manufacturing facilities in California from US-based Agenus Inc. for a total consideration of up to $125 million.

1 min  |

June 04, 2025

Mint Kolkata

New mission taking shape to tackle India's cotton crisis

Shrinking yields Annual cotton production in India.

1 min  |

June 04, 2025

Mint Kolkata

BluSmart, Gensol get NCLT notices

The National Company Law Tribunal (NCLT) on Tuesday issued notices to electric vehicle (EV) ride-hailing startup BluSmart Mobility Ltd and Gensol Engineering Ltd on three new insolvency petitions by creditors over alleged unpaid dues.

1 min  |

June 04, 2025

Mint Kolkata

House panel mulls steps to break bankruptcy deadlocks

The review comes amid demands for speeding up debt resolution, improving recovery rates

2 min  |

June 04, 2025

Mint Kolkata

Credit Quality Trends for Debt Investors: More Positives, Fewer Concerns

Corporate balance sheets are leaner, and lower debt ratio is supporting repayments

1 min  |

June 04, 2025