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Mint Chennai

Funding my foreign firm: Can I avoid TCS?

I have incorporated an IT company abroad. I want to transfer money to my own account abroad and give a loan to my company outside India. Can I avoid TCS by doing this?

1 min  |

March 25, 2025

Mint Chennai

IOB Sends Notice to IL&FS Engineering

L&FS Engineering Services on Monday said it has received a show cause notice from Indian Overseas Bank (IOB) for reviewing the classification of the company's loan account as a suspicious fraud account.

1 min  |

March 25, 2025

Mint Chennai

The young of mainstream India are too embattled to dream big

Sapped by the hustle of the here and now, youth aspirations are limited to low-pressure jobs offering stability and security

4 min  |

March 25, 2025

Mint Chennai

Do not discontinue sovereign gold bonds: Hedge them

Hedging their payout risk would let Indian investors and the economy at large benefit from the idea

4 min  |

March 25, 2025

Mint Chennai

Amazon: No referral fee on 12 mn goods

Amazon India on Monday announced zero referral fees on over 12 million products on its platform that are priced below ₹300.

1 min  |

March 25, 2025

Mint Chennai

Temasek seeks nod for Haldiram stake

Singapore's sovereign wealth fund Temasek Holdings has sought approval from the Competition Commission of India (CCI) to acquire about 10% stake in Haldiram Snacks Food.

1 min  |

March 25, 2025

Mint Chennai

Watch out: The US Fed seems to be driving with a blindfold

It may be too late by the time it gets any clarity on the US economy

3 min  |

March 25, 2025

Mint Chennai

Bank of America to change India head

The executive leading Bank of America Corp.'s India business, Kaku Nakhate, is leaving her role after 15 years with the firm, according to a memo seen by Bloomberg News.

1 min  |

March 25, 2025

Mint Chennai

Zone 2 training: Get fit the slow and steady way

A long-term benefit of zone 2 training is an improved cardiovascular system

2 min  |

March 25, 2025

Mint Chennai

US delegation to visit Greenland as White House ramps up pressure on the island

Greenland Prime Minister Múte Egede called the planned visit days before local elections 'highly aggressive'

3 min  |

March 25, 2025

Mint Chennai

Middle-Income Trap: Can IGP Be India's Way Out?

The World Development Report 2024 highlights a critical issue: emerging economies like India risk being caught in the 'middle-income trap,' where stagnant productivity and weak innovation hinder their transition to high-income status.

2 min  |

March 25, 2025

Mint Chennai

DLF sees room for growth, but is it too early to be optimistic?

DLF Ltd's shares have dropped 18.5% in the past year, massively underperforming the sectoral Nifty Realty index, which is flattish.

1 min  |

March 25, 2025

Mint Chennai

Indian Tech Startups Clinch $2.5 Bn in Q1

India's tech startups raised $2.5 billion in the first quarter of 2025, marking a 13.64% increase over the previous quarter and an 8.7% rise from the year-ago period, a feat that secured its spot as the third most-funded country globally after the US and UK, as per a report by market intelligence platform Tracxn.

1 min  |

March 25, 2025

Mint Chennai

Acer India Announces One Day Menstrual Leave Per Month

Acer India has introduced a menstrual leave policy that would give female employees one additional day of paid leave per month, as the tech firm joined a growing roster of companies that are looking to foster a more supportive workplace and champion gender-inclusivity.

1 min  |

March 25, 2025

Mint Chennai

AI boom fuels Asian data centre loan deals

Artificial intelligence (AI) advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and filling the pipeline with even more potential deals.

1 min  |

March 25, 2025

Mint Chennai

India to Axe 'Google Tax' From 1 April Amid US Tariff Threats

Move to drop controversial levy comes in the wake of ongoing trade talks with Washington

2 min  |

March 25, 2025

Mint Chennai

Private sector growth slows in March, manufacturing sustains

India's private sector showed signs of softening in March, with overall business activity expanding at a slower pace than in February, according to an HSBC flash survey.

1 min  |

March 25, 2025

Mint Chennai

Trump's dollar plan: Brace for exorbitant disruption

A Plaza Accord redux to weaken the US currency is part of an approach that's too deeply flawed to work

3 min  |

March 25, 2025

Mint Chennai

Tata AutoComp to acquire IAC Sweden

Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe's automotive sector.

1 min  |

March 25, 2025

Mint Chennai

MPs to earn ₹1.24 lakh, over 8 times average Indian's income

With this increase, MPs' daily allowance increases by 25% from ₹2,000 to ₹2,500

1 min  |

March 25, 2025

Mint Chennai

If it's yellow, the US wants a free pass

India on 8 March introduced a 10% import duty on lentils, while extending till 31 May a zero-rate on yellow peas

2 min  |

March 25, 2025

Mint Chennai

BYD Sales Top $100 Billion, Overtakes Tesla

BYD Co.'s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk's Tesla Inc. on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid cars with high-tech features.

2 min  |

March 25, 2025

Mint Chennai

RBI Issues Revised PSL Guidelines

The Reserve Bank of India (RBI) on Monday issued revised guidelines on priority sector lending (PSL) to facilitate better targeting of bank credit to the priority sectors of the economy.

1 min  |

March 25, 2025

Mint Chennai

Managing diabetes in a high-stress environment like a kitchen can be tough. Three chefs share their stories of balancing work and health

Starting his day at 8:30 a.m., chef Harsh Kedia, popularly known in the social media world as 'A Diabetic Chef,' immediately checks his blood sugar before enjoying a healthy breakfast, usually comprising oats or eggs.

4 min  |

March 25, 2025

Mint Chennai

M&M in talks to buy stake in SML Isuzu

Automaker Mahindra & Mahindra (M&M) is in talks to buy Japan's Sumitomo Corp.'s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources.

1 min  |

March 25, 2025

Mint Chennai

India Cuts Spot Tenders as Russian Oil Stabilizes

Indian refiners are likely to issue fewer tenders for spot crude in the coming months as volumes from top supplier Russia return to near normal levels, highlighting the trade's success in working around US sanctions.

1 min  |

March 25, 2025

Mint Chennai

Startups tweak supply chains to ride q-commerce wave

Early-stage startups say quick commerce is the fastest growing channel for their businesses

2 min  |

March 25, 2025

Mint Chennai

Data-hungry investors dive deep for economic clues

Nervous about the economy, some seek clarity in job listings and jewelry sales

3 min  |

March 25, 2025

Mint Chennai

Trump for 25% charge for buying Venezuela oil and gas

U.S. President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the U.S.

1 min  |

March 25, 2025
Mint Chennai

Mint Chennai

The real alpha will still come from mid-caps and small-caps

Now the US is showing signs of slowing, while India is expected to maintain its growth rate. Mihir Vora Chief investment officer, TRUST Mutual Fund.

4 min  |

March 24, 2025