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Mint Kolkata

Mint Kolkata

GST Council weighs rate rejig to lift consumption

Council may drop 12% slab, shift several items to 5%, and others to 18%

3 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Cash crunch at AGS hits banks' ATM ops

A cash crunch at India's second-largest ATM manager AGS Transact has begun to impact cash dispensers of some of India's top domestic banks, after sparking defaults on bank loans, statutory payments and staff salaries.

2 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Inside the e-Vitara's Passage to India

It's made in India, but Suzuki chose to launch its first electric vehicle in Europe. Here's why.

8 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

It's the year of quiet detours, chasing JOMO

From quietcations to destination dupes, travel this year will be governed by the desire for quiet, calm, intention and connection

4 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Trump fanned the price fears that haunt his presidency now

Political rhetoric on inflation has impacted people's expectations

3 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Trump's trade war may escalate: Will our interests go unscathed?

A US-friendly approach that doesn't compromise Indian interests could shield India from the fallout of US trade aggression

3 min  |

February 14, 2025

Mint Kolkata

Leyland's margin run may go on

Shares of Ashok Leyland Ltd closed nearly 8% higher on Wednesday, as investors cheered the company's robust margin performance in the December quarter (Q3FY25).

2 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Arab states wake up to fact that Trump means what he says on Gaza

Egypt leads race for alternative to Trump plan it fears could destabilize the Middle East

4 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Sebi seeks greater access to social media records

WhatsApp groups and Telegram channels have become popular among market participants

1 min  |

February 14, 2025

Mint Kolkata

Bullish or bearish? Mint tests market mood

Stocks have taken a sharp fall, tumbling 12% since their September peak.

2 min  |

February 14, 2025

Mint Kolkata

IFC Invests in India's First Sustainable Road Bond

International Finance Corporation (IFC), the private sector arm of the World Bank, has invested ₹860 crore ($98.35 million) in India's first sustainability-linked bond (SLB) issue in the highways sector.

1 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Big businesses may take longer to get benefit of rate cut

The recent policy rate cut by India's central bank should turn out to be good news for individuals and small businesses.

3 min  |

February 14, 2025

Mint Kolkata

India's Income Tax Bill Sets the Stage for Major Reforms

The Income Tax Act of 1961 has undergone innumerable amendments since its inception (4,000, as stated by the finance minister in Parliament).

3 min  |

February 14, 2025

Mint Kolkata

Tangled up in red tape: Can we really hope for relief?

Even the most globetrotting and good-natured of business executives are guaranteed to find India's rules and regulations bewildering.

3 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

The enduring appeal of steel bracelets in watchmaking

While movements and dials often dominate the conversation, a watch bracelet can be just as distinctive

3 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

China Tries To Play The Role Of Peacemaker In Ukraine

As President Trump and Russian President Vladimir Putin signal they are prepared to start negotiations to end the war in Ukraine, China is pushing to play a role.

5 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Carlyle auto parts platform takes shape with $600 mn buyouts

Carlyle will help Highway and Roop leverage synergies, expand capabilities, and enhance customer value

1 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Romancing the chatbot, in the age of AI

Director-writer Spike Jonze's 2013 sci-film Her, coincidentally set in 2025, depicts a gentle but doomed romance between a lonely writer Theodore and his personal operating system Samantha. In the end (spoiler alert), Theodore breaks down as he discovers Samantha is in a relationship with 8,316 other people and computers, and in love with 641 of them. Perhaps Jonze, who won an Oscar for his story, did not know then that he was merely portraying the future.

3 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Canva aims to democratize design: Co-founder Adams

The company sees significant growth potential in India, its fourth-largest market

2 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

For an evening of love, music

A Mint guide to what's happening in and around the city

1 min  |

February 14, 2025
Mint Kolkata

Mint Kolkata

Showcasing India's ingenuity on the global stage

Bindwel Technologies, South Asia's largest bookbinding machine manufacturer, is set to make history as the first Indian equipment maker at Hunkeler Innovation Days (HID).

1 min  |

February 14, 2025

Mint Kolkata

Adani Green exits projects in Sri Lanka

Adani Green Energy Ltd won't build two wind power projects in Sri Lanka after the new government sought lower tariffs, the latest setback to the Gautam Adani-led conglomerate's overseas ambitions.

1 min  |

February 14, 2025

Mint Kolkata

A Future-Ready Tax Bill: Fewer Rules, Simpler Language and a New Tax Year

The new tax bill and charter aim to bring reforms rooted in both transparency and justice

3 min  |

February 14, 2025

Mint Kolkata

Modi in Washington DC for a bilateral meeting with Trump

Prime minister discusses India-US ties with intelligence chief Tulsi Gabbard

1 min  |

February 14, 2025

Mint Kolkata

Tax relief in budget for middle class, not rich: FM

Finance minister Nirmala Sitharaman on Thursday defended the tax relief measures in the Budget, emphasizing that they primarily benefit middle-income earners.

1 min  |

February 14, 2025

Mint Kolkata

GAIL to exit US - shale venture

State-owned gas utility GAIL (India) Ltd plans to exit its shale gas venture in the US, following in the footsteps of Reliance Industries Ltd and Oil India Ltd.

1 min  |

February 14, 2025

Mint Kolkata

Fantasy sports may see 10% revenue dip

Fantasy sports in India may be in for a rough season. The industry may see a 10% year-on-year decline in revenue for FY25 amid the changes in tax policy, according to Deloitte India and the Federation of Indian Fantasy Sports.

1 min  |

February 14, 2025

Mint Kolkata

Karnataka MFI ordinance isn't that bad, but industry is still worried

The new ordinance notified by the Karnataka government to regulate microfinance loan recoveries may have come as a relief to non-bank microfinance companies regulated by the Reserve Bank of India (RBI), but experts warn that collections could get impacted in the next two quarters.

2 min  |

February 14, 2025

Mint Kolkata

Income tax bill tabled; FM seeks review by LS panel

Legislation gives priority to simplicity, clarity, reduction in litigation arising from complexity

2 min  |

February 14, 2025

Mint Kolkata

Pristyn Care grapples with exits, cash crunch

The firm became a unicorn in 2021 after raising $100 million in Series E

2 min  |

February 14, 2025