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Mint Kolkata - June 18, 2025

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June 18, 2025

India to lead global oil demand growth, add 1 mn barrels/day by 2030

India, the world's third-largest oil-consuming and importing nation, will lead global oil demand growth by a large margin, adding a steep 1 million barrels per day by 2030 on the back of stellar economic expansion, International Energy Agency (IEA) said in its report released on Tuesday.

2 mins

DGCA seeks crashed AI plane's pilot training data

India's aviation watchdog asked Air India for training records of the pilots and dispatcher for the plane that crashed last week, as part of its investigation into the incident that killed at least 271 people, government memos showed.

1 mins

DGCA Faces Staff Crunch as Airlines Expand Fleets Rapidly

As per Lok Sabha submissions, 814 out of 1,692 sanctioned DGCA positions were vacant

2 mins

Air India Axes Many Flights as Woes Widen

The disruptions come as investigators probe an Ahmedabad-London Air India crash on 12 June

1 mins

Tariff war realigning global trade flows

The data highlights India's strategic position as American buyers diversify sourcing away from China

2 mins

Google Steps Up Cyber Push With $5 Mn

Big Tech firm Google on Tuesday announced an additional $5 million in funding to global nonprofit The Asia Foundation, as part of its 'Safety Charter' for establishing better cybersecurity practices among India's 75 million-plus small and medium businesses (SMBs).

1 mins

Vedantu eyes up to $15 million from existing investors

The firm is aiming for profitability and offline growth ahead of its proposed $150-200 million IPO in 2026-27

1 mins

Juniper's ambitious growth target fails to excite investors

Dreaming big

2 mins

Tata Motors on a bumpy road

Heading south JLR's Ebit margin and free cash flow are expected to take a beating in FY26.

2 mins

NSE Gets an Edge as Weekly Options to Expire on Tuesday

BSE, which had moved its Sensex options expiry to Tuesday from Friday earlier, has opted to shift it to Thursday

2 mins

Foreign investors dial into telecom stocks

Market participants say that a major structural shift is putting telecom stocks back on the investor radar

2 mins

Mphasis, ex-worker spar in US court

Mphasis Ltd is locked in a legal dispute with former US-based employee Albert Rojas, whom it fired in March 2025.

1 mins

GIC Re aims to build on FY25 growth, unfazed by its rivals

Part of the strategy is also expanding the international business, says CMD Narayanan

3 mins

Eli Lilly buys gene-editing firm for $1.3 bn

Eli Lilly & Co. was already collaborating with Verve on its experimental gene-editing programme

1 mins

Myntra revises sellers' cut to drive sales

Apparel marketplace Myntra has rolled out a revised seller fee structure, charging commissions as low as 0-1% for products priced under ₹500 in select categories like westernwear, sports apparel, and intimate garments, marking a departure from its earlier flat 15-16% commission, according to two sellers with direct knowledge of the development.

1 mins

Tata's Agratas to Begin Cell Biz in UK by FY27

Battery firm plans to reduce dependence on China for critical component

2 mins

Hindustan Zinc Approves $1.39 Billion Project

Hindustan Zinc, India's biggest producer of the refined metal, has approved a project worth ₹12,000 crores ($1.39 billion) to ramp up capacity, the miner said on Tuesday.

1 mins

WTT commits $3-5 mn to boost table tennis, targets major events

World Table Tennis (WTT), the commercial wing of Switzerland-based International Table Tennis Federation (ITTF), has launched a dedicated Indian subsidiary, WTT Event Management India Pvt. Ltd, backed by a $3-5 million investment pledge over the next 2-3 years.

2 mins

Small digital creators up fame game, but expenses a hitch

Being a creator today isn't cheap. You've got to be a one-man army in terms of being a creative director for your content

2 mins

Coralogix to Invest Major Chunk in India

Coralogix plans to increase the size of its India head office in Gurgaon, set up an office in Bengaluru and expand teams

2 mins

InCred planning second PE fund of up to ₹1,500 crore

The firm plans to increase its average deal size and tap a more institutional pool of investors

2 mins

The Postcard Hotels and Resorts eyes cities with luxury offerings

Indian luxury hotel brand The Postcard Hotels and Resorts, best known for its boutique resorts in remote and scenic locations, is expanding into cities with properties offering only 800-square-foot suites—nearly double the average size of a city hotel room.

1 mins

Why the Federal Reserve Isn't Cutting Interest Rates Despite Cool Inflation

The central bank is in a holding pattern as it waits to see what worsens first: inflation or the labor market

3 mins

Trump's Latest Attack on Fed Focuses on Surging Debt Costs

Trump Argued That 2 Percentage Points of Fed Rate Cuts Could Save $600 Billion a Year in Interest Costs

1 mins

Trump Officials Weighed Broader China Tech Restrictions Ahead of Trade Talks

China Accounts for Tens of Billions of Dollars in Revenue for Western Equipment Companies

3 mins

Russia is churning out attack drones. Ukraine is feeling the impact.

Russia's mass production of attack drones is raining fear across Ukrainian cities.

4 mins

Iran Looks to Trump and Nuclear Talks as Escape Hatch as Attacks Intensify

Some Israeli analysts see Iran's willingness to return to the negotiating table as a stalling tactic

5 mins

Knowledge Realty Plans $558 Million IPO

Knowledge Realty Trust is planning an initial public offering (IPO) of about ₹4,800 crore ($558 million) in July, according to people familiar with the matter, in what could be one of the largest real estate investment trust (Reit) listings in India.

1 mins

Indians Asked to Move Out of Tehran

11 Indians in Tehran were on Tuesday advised to move out of the city to safe locations and be in touch with the embassy, as the conflict between Iran and Israel intensified.

1 mins

Delhivery gets CCI nod to buy stake

Competition Commission of India (CCI) on Tuesday cleared logistics services provider Delhivery's proposal to acquire a majority stake in Ecom Express for about ₹1,400 crore.

1 mins

MakeMyTrip seeks $2 bn in fundraise

MakeMyTrip Ltd. is seeking to raise more than $2 billion in concurrent sales of shares and convertible bonds, as the US-listed Indian travel firm aims to buy back a stake held by Trip.com Group Ltd.

1 mins

Blackstone buys Kolkata mall

Global asset manager Blackstone Group has acquired South City Mall in Kolkata for ₹3,250 crore from South City Projects, in the largest retail asset buyout in recent years.

1 mins

Lenskart Said to Near Filing for IPO

Softbank Group Corp.-backed Lenskart Solutions Pvt., India's largest eyewear maker, is preparing to file preliminary documents in the coming weeks for an initial public offering (IPO) that may fetch about $1 billion, as per people familiar with the matter.

1 mins

Ola Rolls Out 0% Commission Model

Ride-hailing platform Ola on Tuesday said it has implemented a zero percent commission model nationwide, enabling over a million driver partners to fully retain their fare earnings with no ride or income limits.

1 mins

Connected TVs add 35 mn viewers in Q1

While linear television (TV) continues to command strong reach across India, the rise of digital-only users and connected TVs that added 35 million new viewers in the first quarter of 2025, signals a shift, especially among younger, male and rural audiences, according to the Media Compass report by market research company Kantar.

1 mins

G7 Leaders Try to Salvage Their Summit After Trump's Early Exit

Trump Was Not Bothered About Skipping Meetings That Would Address the Ukraine War

1 mins

Gold rally to end on demand slump, Fed cuts: Citi

Gold is expected to sink back below $3,000 an ounce in coming quarters as the record-setting run peters out, said Citigroup Inc., calling time on one of the standout commodity rallies.

1 mins

You can transfer non-demat MF units online. Here's how

New online feature allows mutual fund holders to transfer SOA units to relatives, third parties

4 mins

Retirement Isn't The Endgame—The Real Test Of Your Finances Begins Here

Start aligning your portfolio 5 years ahead and adjust for risks and spending over time

2 mins

Pakistan's economy must escape the clutches of its armed forces

The country must abandon its anti-India doctrine for any chance of success in the economic arena

3 mins

AI models aren't copycats: They're just learners like us

Allegations of AI copyright violation often overlook the fact that these models don't copy but learn

3 mins

Rare earths could determine the world's balance of power

Rare earth magnets have a major role to play in modern warfare

3 mins

The 2027 Census requires careful planning to get outcomes right

Keep India's next headcount transparent. It needs a consensual questionnaire and clear methodology of caste enumeration

4 mins

The beauty of design lies in its natural feel

He describes his ideal product as one that \"feels like a fruit\"—organic yet precise, pleasant to hold, and efficient in its function

5 mins

Turning to chatbots for news updates

An AI shopper and stylist gets funding and more AI news this week

1 mins

Testing an 'affordable' flagship killer for three months

How will the iPhone 16e, which boasts flagship features at a much lower price than the iPhone 16, impact the ecosystem?

3 mins

सभी कहानियाँ पढ़ें Mint Kolkata

Mint Kolkata 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...