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Mint Ahmedabad - March 04, 2025

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March 04, 2025

Goyal Heads to the US as Trump's Tariffs Loom

Commerce and industry minister Piyush Goyal started on a trip to the US on Monday to pursue trade talks, two government officials said, with weeks to go for President Donald Trump's planned reciprocal tariffs.

1 mins

Mfg PMI at 14-month low in Feb

Slowing output Manufacturing PMI in Feb fell to 56.3.

1 mins

Regulator bans road transport of petroleum products at night

Petroleum products can no longer be transported by road at night and vehicles must be checked every three months to ensure that all safety fittings are installed, maintained and tested, the Petroleum and Natural Gas Regulatory Board said.

1 mins

India's Developed Nation Dream: Realistic, Achievable

WB official stressed need to create more jobs in manufacturing, tourism, and green industries

2 mins

Paytm Violated Forex Norms: ED

India's financial crime-fighting agency said on Monday its investigation revealed that payment services provider Paytm and its units had violated the country's Foreign Exchange Management Act to the tune of ₹611 crore ($70.00 million).

1 mins

AGS Transact Faces Insolvency Heat

Payments services firm AGS Transact Technologies said on Saturday that a creditor plans to initiate insolvency proceedings against the company for non-payment of dues.

1 mins

Schaeffler India's growth needs to justify rich valuation

Precision in performance

2 mins

Tata Capital is said to seek as much as $11 bn value in IPO

Tata Group is seeking a valuation of as much as $11 billion for its financial services unit in what could be India's biggest initial public offering (IPO) this year, according to people familiar with the development.

1 mins

PMI: Mfg fireworks missing in Q4

Low energy Pace of business activity in India's manufacturing sector hit a multi-month low in February, hurting confidence.

2 mins

BigBasket Eyes IPO in 2 Years

BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.

1 mins

Supreme Court could settle dispute over NFRA's working

The National Financial Reporting Authority (NFRA) has moved the Supreme Court seeking affirmation that its internal structure complies with the law after a Delhi high court January order quashed notices sent to auditors of two IL&FS group entities, Deloitte Haskins & Sells LLP and SRBC & Co. LLP, saying there is no separation between the regulator's audit quality review and adjudication functions, said two people in the know, seeking anonymity.

1 mins

Tata Motors' EV Sales Slump in Feb, 9th Time in 11 Months

Automaker blames the slide on the withdrawal of a government incentive

2 mins

Peak XV's seed platform Surge expands its global footprint

Early-stage venture capital firm Peak XV's seed platform Surge has seen its global footprint expand to markets such as Australia, China, the UK, and the US, according to a top company executive.

1 mins

AGEL Refinances Construction Loan

Adani Green Energy Ltd (AGEL) on Monday announced it has refinanced its maiden construction facility, having outstanding debt of $1.06 billion with long-term financing.

1 mins

Content row: will govt tighten control?

The government's recent advisory to social media and streaming platforms to strictly monitor and remove all content deemed obscene or vulgar, following massive outrage over distasteful jokes on YouTube show India's Got Latent featuring podcaster Ranveer Allahbadia and comic Samay Raina, has sparked concerns about sweeping content regulations that could follow, potentially curbing freedom of expression.

1 mins

Ola Electric to Cut Over 1k Jobs to Stem Losses

Around 500 employees were laid off by Ola last November, as per reports

2 mins

AWS to pour $8.2 bn into Maharashtra

Amazon's cloud services provider, Amazon Web Services (AWS), will invest about $8.2 billion in Maharashtra over the next few years, the information technology ministry said Monday.

1 mins

Hydrogen vehicles: 5 pilot projects start

The government has launched five pilot projects to deploy hydrogen fuel-based vehicles for trial as part of the National Green Hydrogen Mission, the ministry of new and renewable energy said on Monday.

1 mins

VW seeks to boost brand in India

German automobile maker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.

1 mins

Aircel's promoter ordered to pay IDBI

A London court has ruled in favour of IDBI Bank, directing a firm linked to former Aircel promoter Chinnakannan Sivasankaran to pay $143.7 million (about ₹1,250 crore) towards principal and interest on a defaulted loan.

1 mins

NBFCs Can Invest in Security Receipts

Securities and Exchange Board of India (Sebi) allowed all non-banking financial companies (NBFC), including housing finance companies (HFC), to invest in security receipts (SRs) issued by Asset Reconstruction Companies (ARCs), move aimed to encourage investments in the bad loans space.

1 mins

Centre to ensure six months of supplies of TB drugs to states

The government is working on a plan to ensure that states and Union Territories (UT) have, at any given time, stocks of tuberculosis (TB) drugs and diagnostic kits that last at least six months, as India aims to eliminate the infectious respiratory disease by the end of this year.

1 mins

HC pauses action on Buch's FIR order

The Bombay High Court on Monday asked the Maharashtra Anti Corruption Bureau (ACB) not to act until 4 March on an order directing it to lodge a first-information report (FIR) against former Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations.

1 mins

'Steel demand will continue to grow'

Tata Sons chairman N. Chandrasekaran on Monday said the demand for steel will continue to grow irrespective of the prevailing global geo-political situation.

1 mins

Metropolis to buy Scientific Pathology

India's second-largest pathology lab chain, Metropolis Healthcare, is strengthening its foothold in North India with another acquisition. The diagnostics player announced Monday that its wholly owned subsidiary, Metropolis Clinical Pathology Pvt. Ltd will acquire Agra-based Scientific Pathology through a business transfer agreement.

1 mins

India, Belgium explore cooperation

India and Belgium on Monday discussed the possibility of bilateral maritime security cooperation in the Indo-Pacific and looked at ways to enhance defence industrial ties.

1 mins

Bangladesh Has No Option But To Have Good Ties With India

India-Bangladesh ties hit a new low after the collapse of Sheikh Hasina's government

2 mins

Balance Risks and Returns: Use Core Satellite Method

You must align this strategy with your goals and monitor your portfolio periodically

2 mins

Home sale tax: What returnees must know

I've worked outside India for 12 years but I will be relocating back to India in April for better opportunity at an MNC.

2 mins

Long-haul investors play a heroic supporting role

The PE ratio of a stock market index going below its 10-year rolling average could be a 'buy' signal if this metric's long uptrend was driven mostly by profit prospects and patient capital

2 mins

A bank for welfare transfers can fix India's KYC crisis

KYC rules are locking out millions of DBT beneficiaries and depriving them of welfare provisions

3 mins

Beverages are overtaxed: Relief would result in economic gains

Let's ease their tax burden to push informal players back and boost legitimate business prospects

3 mins

New trade order: Neutrality is unlikely to spell an advantage

Being friends with both the US and China may yield rather little

3 mins

AI is changing the role of venture capital for startups

As new tech businesses can use GenAI for product development, they need less VC funding

3 mins

Fix uneven hips and posture with these simple exercises

It's natural for hips to be slightly uneven. Mint explores the reasons and finds easy workouts to strengthen them

4 mins

The common sense way to a healthy lifestyle

Instead of generalized advice, consult a professional for health solutions tailored to you

2 mins

सभी कहानियाँ पढ़ें Mint Ahmedabad

Mint Ahmedabad Description:

प्रकाशक: HT-Digital-Streams-Ltd.

वर्ग: Newspaper

भाषा: English

आवृत्ति: Daily

The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.