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Mint Kolkata

'Cashiers, ticket clerks jobs will fall'

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday.

1 min  |

January 09, 2025

Mint Kolkata

V. Narayanan named as Isro head

India appointed rocket scientist V. Narayanan as the new head of the Indian Space Research Organisation (Isro), the government said on Tuesday, a key role as India works to become a space superpower.

1 min  |

January 09, 2025

Mint Kolkata

ADIA pours ₹6.3k cr into GMR Group

GMR Group has received ₹6,300 crore investment from Abu Dhabi's sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and the funds will help in reducing the debt of promoter group entity GMR Enterprises Pvt. Ltd (GEPL).

1 min  |

January 09, 2025

Mint Kolkata

Jammu-Srinagar train may start soon

The first train connecting Jammu to Srinagar may begin its commercial run later this month, marking the completion of an over two-decade-old project that would link the Kashmir valley with the rest of the country by a direct railway line.

1 min  |

January 09, 2025

Mint Kolkata

M&M looks to scale up auto biz globally

Having consolidated its position in the domestic market, Mahindra & Mahindra (M&M) is now looking at ways to expand its presence across international markets, as per a top company executive.

1 min  |

January 09, 2025

Mint Kolkata

RBI Lifts Asirvad, DMI Finance's Ban

The Reserve Bank of India (RBI) on Wednesday lifted the business restrictions placed on Chennai-based Asirvad Micro Finance and New Delhi-based DMI Finance with immediate effect.

1 min  |

January 09, 2025

Mint Kolkata

The Billionaire Mining Magnate Who Bet Coal Had a Future, and Won Big

Coal's resurgence as a reliable energy source propelled Low Tuck Kwong to a spot on Forbes's 100 richest people

7 min  |

January 09, 2025

Mint Kolkata

Centre eyes recovery of tax arrears amounting to ₹46.57 tn

To put the numbers in perspective, the total outstanding is around 14% of India's GDP

2 min  |

January 09, 2025

Mint Kolkata

Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers

Gao Shanwen questioned Beijing's ability to boost its economy as threats loom from a property meltdown, burgeoning debt and other challenges

5 min  |

January 09, 2025

Mint Kolkata

ONGC chooses BP to boost Mumbai High's production

The field currently produces around 1,32,265 barrels of oil and around 13 billion cubic metres of gas per day

2 min  |

January 09, 2025

Mint Kolkata

Strong Board Can Enforce Digital Privacy Laws: Experts

DPBI Needs Skilled Technical and Legal Professionals, as Well as Institutional Independence

2 min  |

January 09, 2025

Mint Kolkata

India Inc sharpens focus on core segments through exits, demergers

Indian companies are sharpening their focus on core segments by exiting non-core businesses and demerging into multiple entities to unlock shareholder value and improve operational efficiency.

2 min  |

January 09, 2025

Mint Kolkata

Investment a barrier to foundational AI entry, says Nadella

India must get into frontier work in artificial intelligence (AI) and build foundational models, but investment is a real entry barrier and just one mathematical breakthrough can change entire dynamics, Microsoft chairman and chief executive Satya Nadella said in New Delhi on Wednesday.

1 min  |

January 09, 2025

Mint Kolkata

China factor delaying Pvt investments: Sanjiv Puri

China's surplus capacity is dampening Indian business spirit for adding further production capacity, according to Sanjiv Puri, president of Confederation of Indian Industry (CII). The industry body expects GDP growth of 6.4-6.7% this fiscal, slower than the 8.2% growth seen in FY24 as pent-up demand from the pandemic years subsides and the economy expands at a rate closer to its long-term potential.

4 min  |

January 09, 2025

Mint Kolkata

Govt orders airlines to share weather data with IMD

With new airports coming up, IMD could have access to data from a wider geographical region

1 min  |

January 09, 2025

Mint Kolkata

Agarwal buys iconic Riverside studio

The founder and chairman of Vedanta Group Anil Agarwal is the new owner of the iconic Riverside Studio in London, announced a press release on Wednesday.

1 min  |

January 09, 2025

Mint Kolkata

Tesla Set for $1 Billion EU Windfall

Tesla Inc. could collect more than €1 billion ($1 billion) in compensation from rival automakers needing help to meet tougher pollution standards in the European Union this year, UBS Group AG analysts said.

1 min  |

January 09, 2025

Mint Kolkata

Foxconn, Dixon Urge India to Pay Pending Subsidies

Apple Inc. supplier Foxconn Technology and Dixon Technologies India Ltd. have asked India to pay them billions of rupees in subsidies they think they are entitled to under the government's production incentives programme.

1 min  |

January 09, 2025

Mint Kolkata

Box-office performance dictating OTT release schedules

OTT platforms typically schedule films in advance as standard norm, but now have to adapt to flexible release windows

2 min  |

January 09, 2025

Mint Kolkata

UBL Suspends Beer Supply to Telangana Over Price Row

The beer maker cited frozen prices, unpaid dues and 40% rise in production costs since 2019

3 min  |

January 09, 2025

Mint Kolkata

Cygnett eyes ₹300 cr in FY25 sales, to open 15 hotels next yr

Cygnett Hotels & Resorts aims to close FY25 with ₹300 crore gross revenues, driven by new management contracts, founder and managing director Sarbendra Sarkar said.

1 min  |

January 09, 2025

Mint Kolkata

Rupee falls 17p to a new low of 85.91 against US dollar

The rupee extended its slide for the second straight session and declined 17 paise to hit a fresh record low of 85.91 against the US dollar on Wednesday amid higher crude oil prices and stronger American currency.

2 min  |

January 09, 2025

Mint Kolkata

Fashion biz and margins Nykaa's weak spots, beauty shines

Dull tone Nykaa's gross merchandise value growth has been relatively slower in recent quarters.

1 min  |

January 09, 2025

Mint Kolkata

MFIs Seek Funding Support Amid Stress

Microfinance institutions (MFI) on Wednesday sought a dedicated funding mechanism in place and government support to tide over challenges in the sector.

1 min  |

January 09, 2025

Mint Kolkata

Defence stocks get reality check

Sluggish

2 min  |

January 09, 2025

Mint Kolkata

New RBI chief faces calls to unshackle rupee as dollar rises

India's new central bank head faces a tough decision on managing the rupee's exchange rate—focus on squeezing volatility like his predecessor did, or respond to calls for more flexibility as the dollar continues to surge.

1 min  |

January 09, 2025

Mint Kolkata

Govt considers lifting ban on trade in seven crop futures

The government is considering revoking a three-year ban on futures trading in seven farm commodities, including wheat and unprocessed rice, after studies found the steps were counterproductive, according to a person with knowledge of the matter.

1 min  |

January 09, 2025

Mint Kolkata

Avendus launches third pvt credit fund

The asset management arm of Avendus Group, Avendus PE Investment Advisors, on Wednesday launched its third private credit investment vehicle targeting to raise more than double the capital secured for the last vehicle, with the first close expected next month, VCCircle has gathered.

1 min  |

January 09, 2025

Mint Kolkata

South Park Commons Plans India Fund

South Park Commons (SPC), a California-based technical community for startup founders, is raising $40 million (about ₹340 crore) for an India-focused fund to invest in early-stage ventures.

1 min  |

January 09, 2025

Mint Kolkata

Target global chip shifts, not self-sufficiency: Chris Miller

The Chip War author batted for strategic focus on diversification of global tech innovation

3 min  |

January 09, 2025