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Mint Kolkata - July 30, 2025

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इस अंक में

July 30, 2025

SAIL under auditors' scrutiny post losses

The national auditor has flagged serious lapses in inventory management at state-run Steel Authority of India Ltd (SAIL), including production losses, excess procurement, and blocked capital worth ₹12,743 crore.

1 mins

Farmers shift to maize as ethanol demand spikes and soy prices fall

The government's aim of reducing agricultural imports and making the country self-sufficient in oilseeds seems to be facing setbacks this kharif season due to unremunerative prices for farmers and a growing demand for ethanol.

2 mins

Green infra eyed as Centre aims to broaden FY27 capex

For FY27, the govt is likely to maintain its public capex at about 3.1% of GDP, similar to FY26

2 mins

AIIB in talks with India to scale up project financing

Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India is the second largest shareholder after China, is holding discussions with the central and state governments as well as industry to finance a robust pipeline of sovereign and private sector projects, its vice president Ajay Bhushan Pandey said on Tuesday.

1 mins

Autos snubbed on fuel emission

India's top energy efficiency agency has snubbed a demand by automakers such as Mahindra and Mahindra Ltd and Tata Motors Ltd to exclude light commercial vehicles (LCVs) weighing less than 3.5 tonnes from fuel efficiency norms.

1 mins

Eternal Doubles Its Headcount in FY25 on Expansion Drive

Eternal earmarked ₹2,137 cr for dark stores and related operations, but used only ₹181 cr by 31 March 2025

1 mins

InvAscent Expects Bids for Aizant Stake Soon

The PE firm owns just over 38% in the Hyderabad-based drugmaker

2 mins

Soft demand, new bets make margin tricky for Balkrishna

Rolling down

1 mins

IndusInd's Q1 clouds outlook

Unabated problems

2 mins

RBI Caps Lenders' AIF Exposure at 10% of Fund Corpus

The guidelines seek to address concerns relating to the misuse of the AIF route for evergreening of loans, say experts

2 mins

NSDL IPO: Fair valuations, strong moat

NSDL has maintained a dominant market share in terms of the value of shares held in demat accounts

2 mins

Nifty 50 tails its Asian peers despite premium valuations

No takers

1 mins

BluSmart Mobility to undergo insolvency

The wheels have come off the fraud-hit BluSmart Mobility, once hailed as a pioneer in India's EV ride-hailing startup, as the company has been formally admitted into insolvency by the National Company Law Tribunal (NCLT) in Ahmedabad.

1 mins

Singapore's GIC Sees India as Core Growth Engine in AI

We are invested in various layers of the Indian AI ecosystem through public and private equity Bryan Yeo GIC's group chief investment officer

2 mins

ChatGPT Now Ready To Help Prep For IIT Exam

Coaching centres are likely in for serious competition from the rise of AI

2 mins

L&T June Quarter Net Profit Jumps 30% to ₹3,617 Cr

Infrastructure major Larsen & Toubro (L&T) on Tuesday reported a 29.8% rise in consolidated net profit at ₹3,617.19 crore for the June quarter on the back of higher revenue from operations.

1 mins

Progcap Fintech Looks Beyond Lending, Eyes SaaS

Revenue from the SaaS and embedded credit vertical is likely to be 10-15% over the next two to three years

1 mins

Boeing Stems Cash Outflow as Aircraft Delivery Advances

Boeing consumed $200 mn in the second quarter, far less than the $1.8 bn analyst estimate

2 mins

Polnet upgrade: Adani arm, Nelco, Hughes, BEL in race

Polnet upgrade will enhance communication in remote, border and insurgency-prone areas, using portable VSATs

2 mins

Coffee prices drop but your morning brew stays pricey

Global rates have eased, but retail prices remain high due to old inventory and uncertainties

2 mins

AI Is Wrecking an Already Fragile Job Market for College Graduates

What do you hire a 22-year-old college graduate for these days? For a growing number of bosses, the answer is not much—AI can do the work instead.

7 mins

A Divided Fed Eyes Future Rate Cuts But Won't Move This Week

Federal Reserve officials expect they will need to resume lowering interest rates eventually—they just aren't ready to do so Wednesday.

4 mins

Four killed in New York office shooting

Investigators believe Shane Tamura was trying to get to the NFL offices but entered the wrong set of elevators

1 mins

MCX Launches Cardamom Futures

Multi Commodity Exchange (MCX) on Tuesday announced the launch of cardamom futures, aimed at improving price discovery and ensuring better price risk management.

1 mins

India overtakes China in US phone supply

India has overtaken China to become the top source of smartphones sold in the US, after Apple Inc. shifted to assemble more of its iPhones in the South Asian country.

1 mins

India Overtakes China in US Phone Supply

India has overtaken China to become the top source of smartphones sold in the US, after Apple Inc. shifted to assemble more of its iPhones in the South Asian country.

1 mins

Decathlon targets $3 bn India sourcing

French sports goods retailer Decathlon has announced plans to scale its sourcing from India to $3 billion by 2030.

1 mins

Air India audit finds 100 safety lapses

Aviation safety regulator Directorate General of Civil Aviation (DGCA) has come across around 100 violations and observations related to Tata Group-owned Air India's training, crew's rest and duty period norms, and airfield qualification, among others, sources said on Tuesday.

1 mins

Shapoorji gets RBI waiver on debt deal

Shapoorji Pallonji Group has secured a key regulatory waiver from the banking regulator, easing pressure on its landmark $3.4 billion private credit deal and averting an increase in the cost of that borrowing, according to people familiar with the matter.

1 mins

Piramal Pharma to focus on capacity

Piramal Pharma Ltd will focus on increasing capacities for its contract development and manufacturing business, its largest revenue driver, even as it expects muted growth in 2025-26, chairperson Nandini Piramal said on Tuesday.

1 mins

Asian Paints Q1 net dips 6% to ₹1,117 cr

Asian Paints on Tuesday reported a decline of 5.87% in consolidated net profit at ₹1,117.05 crore in the June quarter of FY26, on account of subdued demand for decorative paint, the mainstay of the company.

1 mins

Happiest Minds Q1 net up 12% to ₹57 cr

Happiest Minds Technologies on Tuesday reported an 11.9% increase in consolidated net profit at ₹57.1 crore for June quarter 2025-26.

1 mins

In a first, Apple to shut a China store

Apple Inc. is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to revive sales.

1 mins

Nayara petition: HC notice to Microsoft

The Delhi High Court (HC) has issued a notice to US tech giant Microsoft Corp. on a plea filed by Nayara Energy Ltd, seeking an interim injunction and the immediate restoration of services critical to its operations.

1 mins

Most adolescents in India go by food ads: health survey

The findings are currently undergoing peer review for publication in a scientific journal

1 mins

MONEY AND MARRIAGE: HOW COUPLES CAN MANAGE EXPENSES AND INVESTMENTS

Marriages are made in heaven, but can unravel on earth due to financial friction. Money anxiety stems from insecurity and uncertainty, which breeds fights among couples.

2 mins

Property sale: what counts as the cost of improvement

Structural changes, major renovations can be deducted from capital gains on property sales

5 mins

How can business families split assets without breaking bonds?

We're a joint family running a 50-year-old legacy business in silver jewellery, bullion, and coin trading.

1 mins

E-waste control: Axe that floor price and adapt to market reality

Replace market intervention with an effective programme to help this informal sector turn formal

3 mins

OTP proposals: A case of telecom regulatory overreach?

Newly proposed cyber security rules aim to tackle OTP misuse but may expose users to other risks

4 mins

Use UTCs to prepare India's workforce for the future

University Technical Colleges in partnership with industry could address skilling gaps

3 mins

Bridge learning gaps by making better use of existing resources

Our current ICT infrastructure in schools presents a practical, cost-effective and scalable opportunity to improve outcomes

4 mins

India is outpacing America in its transition to clean energy

First China, then India. The US is becoming a renewables laggard

3 mins

Passive listening is giving a boost to AI music

Plus, a mainstream AI browser launch and robots playing Queen in AI news

1 mins

Can you live with an EV as your main vehicle?

For EVs with smaller batteries, such as the Tata Nexon EV, a 120kW charger can fully charge the car in less than 20 minutes

4 mins

Cool, capable, but with several flaws, not quite a flagship

It is the brand's most ambitious smartphone yet, with a unique design, clean software, and strong battery life

2 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...