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Mint New Delhi

Centre to give LPG subsidy to oil PSUs

The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.

1 min  |

January 10, 2025

Mint New Delhi

HMPV Is Not a New Pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

1 min  |

January 10, 2025

Mint New Delhi

Adani group to sell 20% in Wilmar JV

Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.

1 min  |

January 10, 2025

Mint New Delhi

Earthquake-hit Tibet calls off search

Authorities moved more than 45,000 people in Tibet to shelters in a massive rescue operation near the foot of the Himalayas, as they wound down the search in a high-altitude environment where the odds of survival were always slim.

1 min  |

January 10, 2025

Mint New Delhi

Well-poised for 700 hotels by '30: IHCL

(IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

1 min  |

January 10, 2025

Mint New Delhi

Centre to regroup about 1,200 medical devices for uniformity

The current size of India's medical devices sector is about $11 billion

1 min  |

January 10, 2025

Mint New Delhi

Israel's defense industry booms on foreign demand and war at home

Israel's defense industry is on track to sell more weapons than ever in its history after a year marked by war

4 min  |

January 10, 2025

Mint New Delhi

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

3 min  |

January 10, 2025

Mint New Delhi

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

2 min  |

January 10, 2025

Mint New Delhi

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

1 min  |

January 10, 2025

Mint New Delhi

Market May Turn Rough As FPI Shorts Hit 7-Month High

NSO's Sobering Growth Estimate Came Amid A Slowdown In Urban Demand And Lower Govt Spending

1 min  |

January 10, 2025

Mint New Delhi

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

2 min  |

January 10, 2025

Mint New Delhi

Mercedes to expand in smaller cities

Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025, mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

1 min  |

January 10, 2025

Mint New Delhi

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

2 min  |

January 10, 2025

Mint New Delhi

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

2 min  |

January 10, 2025

Mint New Delhi

Beyond Snack raises $8.3 million in Series A funding

Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global chief executive of Reckitt Benckiser.

1 min  |

January 10, 2025

Mint New Delhi

Madhya Pradesh High Court Clears Path for Religare AGM

Burman family, which owns about 25% of Religare, has been pushing to remove Saluja, despite the board backing her

2 min  |

January 10, 2025

Mint New Delhi

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

2 min  |

January 10, 2025

Mint New Delhi

NHPC Keen To Buy PTC India Stake

Although there was a rethink in the government in 2023 over stake sale, talks have picked up in the past few months

1 min  |

January 10, 2025

Mint New Delhi

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with immediate effect.

2 min  |

January 10, 2025

Mint New Delhi

Realty to see mixed Q3, hectic Q4

The residential realty market is in an upcycle, yet real estate companies' December quarter (Q3FY25) results would bring selective cheer.

2 min  |

January 10, 2025

Mint New Delhi

The top sectors to invest in this year, according to AI

Many experts say tools like AI should be used by investors not to replace financial advisers but to augment them

3 min  |

January 10, 2025

Mint New Delhi

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

2 min  |

January 10, 2025

Mint New Delhi

Health is wealth: Investors tell startup founders, heads

Several board members and investors are pushing for more balance between work and life

3 min  |

January 10, 2025

Mint New Delhi

Tata Capital Healthcare Fund bets on Harsoria

Tata Capital Healthcare Fund, the healthcare and life sciences-focused private equity arm of financial services company Tata Capital Ltd, said Thursday it has invested in medical devices manufacturer Harsoria Healthcare Pvt Ltd.

1 min  |

January 10, 2025

Mint New Delhi

Disparity in gold import numbers resolved, say officials

The government has found and resolved data discrepancies over gold imports, reducing the trade deficit in November from the previous $37.8 billion to about $32.8 billion, people familiar with the matter said on condition of anonymity.

1 min  |

January 10, 2025

Mint New Delhi

Inflation Likely to Have Eased to 5.3% in Dec: Mint Poll

India's retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll.

1 min  |

January 10, 2025

Mint New Delhi

E-way bill generation rebounds, signalling supply chain revival

The issuance of electronic permits, or e-way bills, required for shipping goods within and across states—a key indicator of economic activity—rebounded in December to 112 million, up from a five-month low of 101.8 million in November, according to GSTN, the platform that processes Goods and Services Tax (GST) returns.

1 min  |

January 10, 2025

Mint New Delhi

Maha Kumbh: A feast for digi-fraudsters

Two weeks ago, the police booked four men operating fraudulent accommodation booking websites

1 min  |

January 10, 2025

Mint New Delhi

Fertilizer subsidy likely to stay at current level in FY26

Govt may stick to the allocation, as subsidy utilization in FY25 has followed anticipated trend

2 min  |

January 10, 2025