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Mint Kolkata

PAG acquires majority stake in Pravesha for $200 mn

Asia-Pacific-focused private equity firm PAG has acquired a majority stake in Pravesha Industries Pvt. Ltd for $200 million, according to a person familiar with the transaction.

1 min  |

January 14, 2025

Mint Kolkata

Generic drug store push: one every 2 hrs

A government generic drug store is opened every two hours across the country and the push will continue until 2027, a senior official said, in a move to ensure better availability of quality and affordable medicines.

1 min  |

January 14, 2025

Mint Kolkata

FY26 fiscal deficit may be 4.4-4.6% of GDP, says report

India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday.

1 min  |

January 14, 2025

Mint Kolkata

China, India seek new oil supplies as US sanctions bite

Chinese and Indian refiners are seeking alternative supplies of crude as new US sanctions on Russian producers and tankers are set to be the most effective yet in curbing shipments to Moscow's biggest customers, numerous traders said on Monday.

1 min  |

January 14, 2025

Mint Kolkata

Retail inflation falls to four-month low, food prices ease

The CPI rose 5.22% in December, down from 5.48% in November and 5.69% a year ago

2 min  |

January 14, 2025

Mint Kolkata

The lessons in long walks and reading

AVP's head on mentorship and taking Ayurveda to a wider audience

2 min  |

January 13, 2025

Mint Kolkata

Can More Time Off Help People Destress?

More workers are prioritizing mental health and some firms are adapting and offering holidays for staff to rest. But is it enough?

4 min  |

January 13, 2025

Mint Kolkata

How employees can thrive in a chaotic workplace

From embracing procrastination to more silence, a paradoxical mindset can help one thrive in a 'BANI' world

3 min  |

January 13, 2025

Mint Kolkata

KlarifyLife by HDFC Life explores ambition, risk and success with Zouk and The Souled Store

Unlocking entrepreneurial journeys, financial insights and growth stories—as well as discussing what it takes to win over Indian consumers in the D2C landscape—with Disha Singh, co-founder of Zouk, and Harsh Lal, co-founder of The Souled Store

3 min  |

January 13, 2025

Mint Kolkata

IBREL-Embassy merger approved

In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal National Company Law Appellate Tribunal (NCLAT) has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the National Company Law Tribunal (NCLT) order stalling the process.

1 min  |

January 13, 2025

Mint Kolkata

India's coal imports rise 2% in Apr-Nov

India's coal imports rose 2% to 182.02 million tonnes in the April-November period of the current fiscal year.

1 min  |

January 13, 2025

Mint Kolkata

NFRA Plans Papers for Interactions

To enhance the quality and the level of interactions between auditors and companies' audit committees, National Financial Reporting Authority (NFRA) chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits.

1 min  |

January 13, 2025

Mint Kolkata

SpaDeX: Isro brings satellites within 3 metres in trial attempt

Indian Space Research Organisation (Isro) on Sunday said the two satellites launched to perform space docking experiments were brought within three metres and then moved safely back in a trial attempt.

1 min  |

January 13, 2025

Mint Kolkata

AIFs seek specific funds from govt

Alternate investment funds (AIFs) have sought from the government specific funds for investments in new-age, sunrise and deep-tech startups with a view to promote innovation in the country, an official said.

1 min  |

January 13, 2025

Mint Kolkata

Adani to invest in Chhattisgarh biz

Industrialist Gautam Adani on Sunday called on Chhattisgarh chief minister Vishnu Deo Sai and announced an investment of ₹65,000 crore in the Adani Group's energy and cement projects in the state, officials said.

1 min  |

January 13, 2025

Mint Kolkata

IBA seeks tax sops for biogas in budget

Indian Biogas Association (IBA) has urged the finance ministry to create blanket corporate tax holidays for compressed biogas (CBG) production in the forthcoming General Budget to attract investment in the sector to promote this renewable energy source.

1 min  |

January 13, 2025

Mint Kolkata

The political economy will weigh heavily on the budget

With India's economy in a crunch, cash transfers will probably grow even as Bihar expects largesse

3 min  |

January 13, 2025

Mint Kolkata

EAM Jaishankar to represent India at Trump's inauguration

The foreign ministers of Japan and Australia will also attend the inauguration

1 min  |

January 13, 2025

Mint Kolkata

The US-China tech break-up has set off a race to the bottom

America's whack-a-mole approach is too clumsy for its own good

3 min  |

January 13, 2025

Mint Kolkata

Stagnant wages in fast-emerging India: We need an Enlightenment

We must raise not just output but also the quality of our people's lives. This may require a paradigm shift in Indian thinking

4 min  |

January 13, 2025

Mint Kolkata

Quick food row: Whose database is it anyway?

If quick-food platforms break competition rules, as restaurants allege, they should be hauled up. But data-driven innovation is welcome. It'll favour consumers and help the market evolve

2 min  |

January 13, 2025

Mint Kolkata

India Has Become Too Rich To Let Petty Clerks Torment Us

Middle-income countries tend to prosper by relieving people of petty pains but signs of it in India are weak

4 min  |

January 13, 2025

Mint Kolkata

India's Air Force Urgently Needs More Frontline Combat Aircraft

We must foster competition and attract private investment to get fighter jets needed for our defence

3 min  |

January 13, 2025

Mint Kolkata

Thailand Offers Just the Residency Options You Could Be Looking For

Thailand, including Bangkok, is an affordable alternative to Singapore or Dubai for remote workers and retirees

3 min  |

January 13, 2025

Mint Kolkata

The Non-Resident Indians' Wish List for Budget 2025

NRIs seek clearer rules to boost their contribution to the Indian economy

2 min  |

January 13, 2025

Mint Kolkata

Optimize deductions, maximize tax saving

How can I optimize tax savings on my ₹10 lakh package with current deductions, including home loan repayments, interest, food coupon, mediclaim premiums, and provident fund?

2 min  |

January 13, 2025

Mint Kolkata

OTT Platforms Brace For Compliance Overhaul Under DPDP Rules

The draft Digital Personal Data Protection Rules, 2025 (DPDP Rules) could raise operational costs for OTT companies, short-form apps, and other entertainment platforms frequently accessed by children, restricting their monetization efforts and requiring them to put in place a more robust compliance and privacy protocol.

2 min  |

January 13, 2025

Mint Kolkata

Internship scheme to fuel jobs set for an overhaul

cess was ongoing. The target, however, is to give internship opportunities to 10 million people over five years, translating to an annual target of 2 million internships to be offered by businesses.

1 min  |

January 13, 2025

Mint Kolkata

Air India gung-ho on long-haul transit traffic opportunity

Foreign airlines enjoy 80% market share in long-haul transit traffic, while Indian airlines have less than 15%

2 min  |

January 13, 2025

Mint Kolkata

Payments firms for security, revenue model to power UPI

After a record year for UPI, payments firms call for tiered usage charges, greater security

2 min  |

January 13, 2025