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Mint Kolkata

Mint Kolkata

Mining reform plan meets resistance in states

Mines ministry plans to limit premiums to 50% of ore value, replacing system where bids can cross even 100%

2 min  |

November 19, 2025

Mint Kolkata

More Retail picks banks for India IPO

More Retail Pvt., the food and grocery chain jointly owned by Amazon.com Inc. and Samara Capital Partners, has picked advisers for an impending initial public offering that could raise about $300 million, according to people familiar with the matter.

1 min  |

November 19, 2025

Mint Kolkata

Trump says U.S. intends to sell F-35 jet fighters to Saudi Arabia

President Trump said Monday that the U.S. would sell advanced F-35 jet fighters to Saudi Arabia, announcing his decision the day before he meets at the White House with Crown Prince Mohammed bin Salman.

4 min  |

November 19, 2025

Mint Kolkata

Apple India profit up 16% to ₹3,196 cr

Phone maker Apple India has reported a 16% increase in its profit to ₹3,196 crore in the financial year ended March 2025, according to the company’s regulatory filing shared by market intelligence firm Tofler.

1 min  |

November 19, 2025
Mint Kolkata

Mint Kolkata

Should wills be made in city of origin, or where the assets are?

I'm a Hindu man who has lived in Bengaluru for the past five years. I am originally from Mumbai. I own a flat near Koramangala in Bengaluru and do not have any property in Mumbai or anywhere else in the country. Should I make my will in Bengaluru or Mumbai, especially when considering stamp duty and related formalities?

2 min  |

November 19, 2025

Mint Kolkata

India's new data protection law: A compliance guide

Although we have known since 2023 that India's Digital Personal Data Protection Act of 2023 (DPDP Act) would come into effect sooner or later, most businesses put off taking action until the rules were notified. Last week, the ministry of electronics and information technology brought the DPDP Act into force, marking the beginning of a new chapter in India's digital governance history.

4 min  |

November 19, 2025
Mint Kolkata

Mint Kolkata

Sensex rally stands on shaky ground

When the Sensex closed at a new 52-week high on 29 October, it painted a picture of a market in full bloom. But beneath the surface of this headline-grabbing milestone lies a fractured and sobering reality, a Mint analysis reveals.

3 min  |

November 19, 2025

Mint Kolkata

Reliance buys 1 mn barrels of crude from Kuwait's KPC

India’s Reliance has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four traders familiar with the matter said.

1 min  |

November 19, 2025

Mint Kolkata

Groww beats BSE m-cap as stock scarcity sparks frenzy

A series of short squeezes, driven by soaring demand and low trading float, has propelled digital investment platform Groww's market value past that of one of the exchanges it listed on, making it the only broker to hold this feat.

1 min  |

November 19, 2025

Mint Kolkata

Mining reform plan hits state pushback

Revenue loss fears rise; high upfront fees may aid large steel firms

1 min  |

November 19, 2025

Mint Kolkata

EMs may see steadier growth in 2026: Moody's

Emerging markets also face rising vulnerabilities, says Moody's.

1 min  |

November 19, 2025
Mint Kolkata

Mint Kolkata

Do pre-IPO gains get long-term tax status?

I live in Australia and I own shares in a Indian company which got recently listed. I invested about 1.5 years back when it was not listed. When I sell the shares now, will it be considered as shortor long-term gains? —Name withheld on request

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

Advent, Warburg join Encube race; promoters may sell stake

Global private equity firms Advent International and Warburg Pincus have joined the race for a stake purchase in contract drug maker Encube Ethicals Pvt.Ltd, three people aware of the development said.

1 min  |

November 18, 2025

Mint Kolkata

NBFCs go easy on MSMEs as bad loans begin to bite

Top NBFCs turn cautious as weakness in MSME sector reflects in repayments

2 min  |

November 18, 2025

Mint Kolkata

Infosys rolls out Al-first GCC model

T major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into AI-driven hubs that promote innovation and growth.

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

Should we give up on climate action? The answer is still ‘no’

The progress made so far shows that it’s anything but a lost cause

3 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

Welspun to sell majority in clean energy firm, hires EY

Company targets equity value of $100 million for stake in Welspun New Energy

2 min  |

November 18, 2025

Mint Kolkata

China, India throw oil a lifeline as global glut looms

Global oil markets may be dominated by concerns about a glut, but producers have found some support in buying from China and India, spurred by awave of US sanctions on Russian energy.

1 min  |

November 18, 2025

Mint Kolkata

TOXIC AIR ISN'T JUST A HEALTH CRISIS, IT HITS YOUR WALLET

Last Tuesday morning, my friend called from Gurugram. “Tm taking my daughter to the hospital again,” he said, voice heavy with worry. “Third time this month.” His seven-year-old had been coughing through the night—another respiratory infection triggered by Delhi-NCR’s toxic air.

2 min  |

November 18, 2025

Mint Kolkata

Thiel’s fund sold entire Nvidia stake last quarter

Peter Thiel’s hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat from the leading provider of artificial-intelligence chips.

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

A. Vellayan, known for visionary bets, passes away at 72

His friends and peers called Arunachalam Vellayan (72), former chairman of Murugappa group who passed away in Chennaion Monday, a man with a high level of business acumen and an ability to see the future.

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

India-made 40nm chip to power smart meters by June

Cyient Ltd will start supplying a locally patented 40-nanometre (nm) chip to clients building smart electricity meters by June, according to the two top executives.

2 min  |

November 18, 2025

Mint Kolkata

India-US talks: Showing sensitivity is half the art

Last week’ tariff cuts by the US reveal Trump’ inflation concerns in an American political context, one that we could explore further for a pact on social security payments by Indians

2 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

Roll back quality control orders on inputs to spur manufacturing

Such QCOs hold back the competitiveness of manufacturers and ending them could catapult our factory sector to a new orbit

4 min  |

November 18, 2025

Mint Kolkata

Gas for goodwill

Even as India’s exports to the US fell in October, as revealed by trade data issued by the government on Monday, Union petroleum and natural gas minister Hardeep Singh Puri announced the signing of a one-year agreement for the import of 2.2 million tonnes of liquefied petroleum gas (LPG) from America.

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

Gold spike, Trump tariffs lift goods trade deficit to all-time high

Overall merchandise exports slipped to $34.38 billion from $36.38 billion in September and $38.98 billion a year earlier. Agarwal said India maintained steady export growth in the first seven months of FY25, even as global demand softened.

2 min  |

November 18, 2025

Mint Kolkata

Sebi has started review of listing, disclosure norms

The Securities and Exchange Board of India (Sebi) has begun work on a review of the Listing Obligations and Disclosure Requirements (LODR), its chairperson Tuhin Kanta Pandey said, setting the stage for what could be one of the regulator's most significant cleanups of corporate disclosure rules in recent years.

1 min  |

November 18, 2025

Mint Kolkata

Navi Mumbai to see flights from 25 Dec

Navi Mumbai International Airport (NMIA) will start commercial flight operations from 25 December and initially, there will be 23 scheduled daily departures.

1 min  |

November 18, 2025
Mint Kolkata

Mint Kolkata

New nuclear arms race pits U.S. against both Russia and China

After a decadeslong hiatus, nuclear weapons surge back to the forefront of global politics

5 min  |

November 18, 2025

Mint Kolkata

Trump's tokenized Maldives project

The Trump Organization is planning a luxury resort in the Maldives with its Saudi Arabian partner and plans to tokenize the hotel development project.

1 min  |

November 18, 2025