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Mint Mumbai - January 12, 2024

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En este número

January 12, 2024

Pulse of a nation: Is self-sufficiency in dal possible?

Last week, the government launched a new portal to buy pulses directly from farmers at support prices, targeting to be self-sufficient by 2027. To achieve that goal farmers will also need high-yielding varieties and a favourable trade policy. Mint explains:

3 mins

Railway budget to swell 25% to ₹3 tn

Budgetary allocation for Indian Railways is expected to hit record levels in 2024-25 as the government gears up to support a major makeover for the national transporter with additional modern and faster trains and improved safety features.

2 mins

Google cuts jobs, marshalls AI resources

Google laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree.

1 mins

TCS edges past Infy in slow Dec quarter

Both firms may see slowest full-year growth in current fiscal year

3 mins

Attrition falls in IT Inc.

Tata Consultancy Services (TCS) Ltd and Infosys Ltd on Thursday reported their lowest attrition in more than two and three years, respectively, indicating a muted job market in the growing shadow of artificial intelligence (AI).

2 mins

'Can't afford a crypto mania; RBI stance stays unchanged'

The US may have greenlighted exchange-traded funds (ETFs) in bitcoin, but for India's apex banking regulator, cryptocurrencies remain a strict no-no.

3 mins

Sanctions cloud: SBI avoids Russia oil bills

State Bank of India (SBI) has long avoided payment transactions for Russian oil bought by staterun refiners to avert US sanctions that came into force on 5 December 2022, two people aware of the matter said.

1 mins

Electronics and pharma top Indian exports in April-Nov

Indian exports in 2024 are likely to be influenced by global factors such as the Red Sea crisis

2 mins

NIC drops plan to tighten e-way bill rules

Goods and Services Tax (GST) authorities have dropped a plan to block generation of goods transportation permits, or e-way bills, from 1 March for companies that fail to produce 'e-invoices' for their wholesale transactions through designated portals.

2 mins

Overused antibiotics no longer work for 'sizeable' Indian population

Antibiotics routinely prescribed to treat common ailments no longer work as bacteria have developed resistance to these drugs due to their overuse in India, a government body said, echoing concerns long voiced by international experts.

2 mins

RBI, Sebi wary as US embraces Bitcoin ETF

RBI guv said emerging markets should stay away from cryptocurrencies

3 mins

2024 won't be easy ride for Maruti

Maruti Suzuki India Ltd is walking the talk. It is making steady progress towards achieving its production capacity target of four million units per annum by FY31. On Wednesday, the automaker announced two capacity additions in Gujarat, entailing a total investment of ₹38,200 crore.

2 mins

At BMW, first-time buyers take a second hand route

While BMW keeps EV lead in luxury automobiles, it will not launch another hybrid in India

2 mins

Microsoft beats Apple as world's most valuable firm

Microsoft overtook Apple as the world's most valuable company on Thursday after the iPhone maker's shares made a weak start to 2024 due to growing concerns over demand.

1 mins

Steel sector asks govt to curb cheap imports

India became a net importer of finished steel in November

2 mins

'Sebi is planning to regulate finfluencers'

Markets regulator the Securities and Exchange Board of India (Sebi) is planning to bring finfluencers under the ambit of the market norms, said Kamlesh Varshney, whole time member, Sebi.

3 mins

'Fintechs may need regulatory help'

Financial technology (fintech) companies are currently riding the innovation wave, but profitability will at some point become a concern, when the regulator may have to intervene, veteran banker K.V. Kamath said at the 16th edition of the annual Mint BFSI Summit and Awards.

1 mins

Mint awards best BFSI firms in gala ceremony

13 firms from BFSI industry received awards from banker K. V. Kamath

2 mins

Google ends cloud switching fees, pressuring Amazon and Microsoft

The cost of switching between cloud computing providers has long drawn complaints, with the services derided as \"roach motels\" that let businesses check in but not out.

2 mins

Iranian navy seizes oil tanker once at centre of US crisis

Iran's navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the centre of a major crisis between Tehran and Washington, officials said, a seizure that further escalates tensions in the Mideast waterways.

1 mins

Israel faces genocide charge at World Court

First residents, meanwhile, return to scenes of devastation in north Gaza

2 mins

China, Maldives upgrade ties

China on Thursday pledged to extend funding for infrastructure in the Maldives, after it upgraded ties with the Indian Ocean archipelago.

1 mins

Govt to sell 'enemy property' shares in 84 companies

In the first tranche, the government is looking to sell about 188,000 shares in 20 cos

1 mins

Record 6.5 mn food orders placed online on New Year's Eve

Indians placed a record 6.5 million food-delivery orders online on New Year's Eve 2023, 18% more than last year, according to data released on Thursday by Redseer Strategy Consultants.

1 mins

'Monitoring Bhutan-China talks'

India and Bhutan have common security concerns and the Indian Army is closely monitoring the boundary talks between Thimphu and Beijing, chief of army staff Gen. Manoj Pande said on Thursday.

1 mins

PHILANTHROPY IN ASIA GETS MORE PROFESSIONAL

But that is not making it more like giving in the West

6 mins

HERE'S HOW YOU CAN AVOID SOME COMMON MONEY MISTAKES IN THE NEW YEAR

While personal finance strategies can vary based on individual circumstances, here are some personal finance mistakes you should try to steer clear of in 2024.

3 mins

Can a high sum-assured Ulip offer better cover, returns?

These insurance products return various charges if you stick to the policy for the long-term

5 mins

Develop Lakshadweep but protect its ecology

Its potential for tourism has got much of India talking, but it’s vital that its exploitation is an eco-friendly project right from the start. Maldives offers us an example of what not to do

2 mins

Scenario analysis: Where will the global economy land this year?

A soft or bumpy landing will depend on specific economies while worse scenarios look unlikely even if they can't be ruled out

4 mins

Dubai: A second home for Indian fashion designers

With a large south Asian population and growing appetite for India’s traditional yet global designs, Dubai has become the place to be

4 mins

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Mint Mumbai Description:

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Frecuencia: Daily

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