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Mint New Delhi - March 07, 2025

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En este número

March 07, 2025

RE sector hit by weak demand, cancelled projects

India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.

1 mins

Economy to Grow 6.5% in the Coming Fiscal Year: Crisil

India's economy is set to grow at a steady 6.5% in fiscal 2026, driven by strong domestic demand, despite global headwinds, including geopolitical uncertainties and US-led trade actions, Crisil forecast on Thursday.

1 mins

PM Mudra Yojana disbursed ₹31.85 trillion since inception

The Centre has disbursed ₹31.85 trillion of the ₹32.61 trillion allocated under the Pradhan Mantri Mudra Yojana (PMMY) in the nearly 10 years since its launch until February 2025, indicating demand for credit among micro and small businesses, two people aware of the matter told Mint.

1 mins

IPCC Chair Bats For Local Climate Policies

Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation work

2 mins

Improved growth rate gives govt extra fiscal headroom

Revision in FY25 economic growth to 9.9% allows Centre to have slightly larger fiscal deficit

2 mins

Antitrust heat on fast-delivery firms

Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices, legal papers show.

1 mins

Indian AI training platform goes live, GPU work begins

AI Kosh will be used to give startups approvals to access India AI Mission's 18,693 GPUs

2 mins

Stock market pandemonium: will history repeat itself?

Reversal now?

1 mins

Fresh insolvency claims crowd SpiceJet's runway

New legal battles could further complicate the cash-strapped airline's recovery

2 mins

US Pushes for Greater Market Access for Agri Exports to India

US President Donald Trump on Wednesday reiterated that reciprocal tariffs would come into effect from 2 April

3 mins

Leap nears Prodigy buyout

The study-abroad platform is in late-stage talks to acquire fintech firm Prodigy Finance to expand its footprint

2 mins

No US Tariffs on Mexican Goods Part of Trade Deal for a Month

U.S. President Donald Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement (USMCA) on trade until April 2, but made no mention of a reprieve for Canada despite his commerce secretary saying a comparable exemption was likely.

1 mins

The Recession Trade Is Back On Wall Street

Losses have been particularly acute in sectors that investors view as sensitive to a slowdown, such as banks

3 mins

Govt gives aid to 12 mn TB patients

The government has disbursed ₹3,649 crore to 12.4 million tuberculosis (TB) patients to help them with a nutritional diet, key to treating the disease, according to the health ministry official overseeing India's TB control efforts.

1 mins

Ola Electric Secures PLI Incentives

Ola Electric, India's largest electric vehicle company, has become the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme).

1 mins

Britannia's CEO Rajneet Kohli quits

Biscuit maker Britannia Industries said on Thursday that its chief executive officer Rajneet Singh Kohli has resigned after serving two-and-a-half years in the role.

1 mins

CorporatEdge bags ₹100 cr equity fund

CorporatEdge, which provides flexible workspaces to companies, has raised ₹100 crore from private equity firm Carpediem Capital for expansion of its business.

1 mins

RBI Seeks Tighter Gold Loan Checks

The Reserve Bank of India (RBI) plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.

1 mins

Demand slowdown hurts auto sales in February: Fada

Automotive sales declined 7% year-on-year in February to 1,899,196 units, hurt by an over 6% fall in two-wheeler purchases to 1,353,280 units, Federation of Automobile Dealers Association (Fada) data showed on Thursday.

1 mins

NCLAT issues notice to Ambuja

The National Company Law Appellate Tribunal (NCLAT) has issued a notice to Ambuja Cements Ltd (ACL), an entity of the Adani Group, in response to a plea filed by Alok Sanghi, the former promoter of Sanghi Industries Ltd, which is now a subsidiary of ACL.

1 mins

Nayara Energy to make buyback offer

Nayara Energy, India's biggest private fuel retailer, will make an offer to minority shareholders to buy back 25.9 million outstanding shares at ₹731 apiece, the firm said.

1 mins

₹29,000 cr foreign assets disclosed

A compliance drive launched in November 2024 by the Central Board of Direct Taxes (CBDT), based on financial information received from foreign tax authorities, has led to more than 30,000 persons declaring previously unreported foreign assets worth ₹29,208 crore and additional foreign income of ₹1,090 crore, a person with direct knowledge of the matter said.

1 mins

Amitava Mukherjee Named NMDC CMD

State-owned iron ore miner NMDC on Thursday announced the appointment of Amitava Mukherjee as its new chairman and managing director (CMD).

1 mins

Assessment of reciprocal tariff hinges on India-US trade talks

For India, safeguarding its interests remains paramount in the negotiations, says FM

1 mins

The markets challenged her—she mastered it

You don't really need a finance degree to excel in the stock market—ask Sapna Shaligram.

4 mins

Beyond Saving: Women Should Invest, Build and Secure Long-Term Wealth

Informed and disciplined investments, use of step-up SIPs are key to building wealth

3 mins

The state of our economy: Not as bright as GDP data may suggest

Official numbers present a mixed picture but India's economic scenario remains unsatisfactory

3 mins

India's tax authorities should make peace with its taxpayers

The relationship remains uneasy and this is crying out for reform

3 mins

The Luxury Customer Wants to Be Cuddled Much More

Value Retail's chair Desirée Bollier on the growing demand for 'superfluous service' and experiential retail

4 mins

Lea todas las historias de Mint New Delhi

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