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Mint Kolkata

Law ministry to start work on plugging gaps in arbitration law

The law ministry will start working on a bill to plug procedural gaps in the arbitration law following a Supreme Court directive, according to two people aware of the developments.

1 min  |

May 06, 2025

Mint Kolkata

Pahalgam: India starts 'flushing' hydro projects

India has begun work to boost reservoir holding capacity at two hydroelectric projects in Jammu and Kashmir, people with knowledge of the matter told Reuters, after fresh tension with Pakistan led it to suspend a water-sharing pact.

1 min  |

May 06, 2025

Mint Kolkata

Northwest India Likely to See Thunderstorms, Rains This Week

IMD Says Power and Communication Lines May Be Disrupted, Fruit Crops Damaged

1 min  |

May 06, 2025

Mint Kolkata

Economic Tailwinds Will Help the US Overcome Tariff Headwinds

Its strong institutions and zest for innovation will keep growth going even as Trump is forced to back-track on his policies

4 min  |

May 06, 2025

Mint Kolkata

New US bill to keep tabs on Nvidia chips

US lawmaker plans to introduce legislation in coming weeks to verify the location of artificial intelligence (AI) chips like those made by Nvidia after they are sold.

1 min  |

May 06, 2025

Mint Kolkata

Rise of pet parents sparks scramble for fundraising

Pet care startups like Heads Up For Tails, Supertails, and Vetic are in talks for capital

2 min  |

May 06, 2025

Mint Kolkata

Vedanta to repay $920 mn debt

(VRL), as part of a deleveraging exercise, has proposed to repay a $920 million debt in the current fiscal year and about $675 million in the next, a company official said.

1 min  |

May 06, 2025

Mint Kolkata

Rupee strengthens as crude price falls

The rupee surged 24 paise to 84.33 (provisional) against the US dollar on Monday, supported by a decline in crude prices and a positive trend in domestic equities.

1 min  |

May 06, 2025

Mint Kolkata

No imminent change to space FDI strategy

The Centre does not intend to alter its foreign direct investment (FDI) strategy in the space sector, said Pawan Goenka, chairman of the Department of Space-affiliated regulatory body for the space industry, Indian National Space Promotion and Authorization Centre (In-Space), on Monday.

2 min  |

May 06, 2025

Mint Kolkata

Israel May Seize All Gaza in Expanded Operation, Officials Say

Israel may seize the Gaza Strip and control aid in an expanded offensive against Palestinian militant group Hamas that was approved by Prime Minister Benjamin Netanyahu's security cabinet on Monday, officials said.

1 min  |

May 06, 2025

Mint Kolkata

3G Capital to Acquire Skechers for $8.2 Billion

Investment firm 3G Capital will acquire footwear maker Skechers USA Inc. for $8.2 billion, the company said in a statement on Monday.

1 min  |

May 06, 2025

Mint Kolkata

China began de-risking well before Trump's trade fury

Beijing has been working quietly even as Trump attacks the very foundation of American supremacy

3 min  |

May 06, 2025

Mint Kolkata

KKR Revives Sale of RE Sustainability, Eyes Up to $1.5 Billion

American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said.

1 min  |

May 06, 2025

Mint Kolkata

Non-core income boosts banks' Q4 show

More than loans

2 min  |

May 06, 2025

Mint Kolkata

Live entertainment takes centre stage on streaming apps

Industry experts say the appeal lies in the unpredictability of live content: it's raw, real-time and communal

2 min  |

May 06, 2025

Mint Kolkata

Joy Personal Care Targets Revenue of ₹1,500 Crore

Kolkata-based Joy Personal Care plans to double its revenue to ₹1,500 crore by FY28, led by a growing distribution network for its body wash, lotion and creams.

1 min  |

May 06, 2025

Mint Kolkata

QED Plans to Invest $300 Mn in Apac in Next Five Years

Intech-focused global investment firm QED Investors, which started investing in Asia in 2020, expects to deploy $250-300 million in the region over the next five years, a top company official said.

2 min  |

May 06, 2025

Mint Kolkata

IHCL bets on Taj, new hotels, marks up ₹1,200 cr outlay

While same-store RevPAR grew 12% in India and 7% overseas, its management fee income jumped 20% to ₹562 crore

2 min  |

May 06, 2025

Mint Kolkata

Stocks roar ahead, brushing off recession warnings

Wall Street's best forecasters have been warning that tariffs could spark a recession. Goldman Sachs puts the chances at 45% in the next 12 months. Apollo Global Management's top economist recently pegged it at 90%.

3 min  |

May 05, 2025

Mint Kolkata

Air India's Delhi-Tel Aviv flight diverted

An Air India flight from New Delhi to Tel Aviv was diverted to Abu Dhabi on Sunday due to a missile attack near the Israeli airport, people aware of the matter said.

1 min  |

May 05, 2025

Mint Kolkata

Oil India in talks with global peers for joint exploration

State-run Maharatna company seeks partners for deep & ultra-deep sea acreages, future bids

2 min  |

May 05, 2025

Mint Kolkata

Big Tech earnings defy fears of the worst-case scenario for stocks

Investors in the US technology behemoths that dominate the S&P 500 Index are breathing a sigh of relief as last week's earnings reports from the group show their outlooks are mostly strong in the face of President Donald Trump's shifting trade policies.

1 min  |

May 05, 2025

Mint Kolkata

FPIs cut down on blue chips in Q4, DIIs hold steady

FPIs cut holdings in 71% of large-caps in Q4, the most aggressive pullback among all investor categories

1 min  |

May 05, 2025

Mint Kolkata

OPEC+ to Speed Up Output Hikes Over Members' Non-Compliance

Bloc shocked market in April by agreeing to faster-than-expected unwinding of cuts

2 min  |

May 05, 2025

Mint Kolkata

Military Action Is To Be Taken With Greatest Caution

It's time to stand with the government and not indulge in unnecessary rants

3 min  |

May 05, 2025

Mint Kolkata

Companies in the Grip of Rising Input Costs

Oil, gas, automobile and mining sectors experienced the severest impact

2 min  |

May 05, 2025

Mint Kolkata

India Can Hit 6.5% Growth If US Trade Deal Finalized By Oct: Virmani

India could grow at 6.5% in FY26—defying projections—if a trade deal with the US is wrapped up in the next six months, Niti Aayog member Arvind Virmani said.

2 min  |

May 05, 2025

Mint Kolkata

After large-cap switch, Quant MF's Sandeep Tandon adds small-caps

The veteran uses Quant's VLRT model, focusing on valuation, liquidity and risk appetite to drive investments

3 min  |

May 05, 2025

Mint Kolkata

Mahindra Holidays to add 850 rooms

Mahindra Holidays & Resorts India Ltd plans to add 850 rooms in the current fiscal as part of its plan to have 10,000 rooms by 2030, managing director and chief executive officer (CEO) Manoj Bhat said.

1 min  |

May 05, 2025

Mint Kolkata

Why Do Gaps Still Persist in Mental Health Coverage?

Limited access, stigma, low sub-limits, lack of OPD coverage still remain key challenges

2 min  |

May 05, 2025