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Mint Kolkata

Companies Have To File Annual Returns For FY25 In New Forms

Businesses will have to make their most important statutory filings, especially annual returns, financial statements and cost audit reports, in the revamped web-based forms on the government's portal from 14 July.

1 min  |

June 05, 2025

Mint Kolkata

How 'glocal' banks could help importers hit by Trump tariffs

Banks that specialize in Asian trade finance could suggest options

3 min  |

June 05, 2025

Mint Kolkata

Bosnia vs Mittal: Verdict in a month

The verdict on the $400 million (around ₹3,438 crore) international arbitration claim filed by industrialist Pramod Mittal, brother of steel tycoon Lakshmi Mittal, is likely to be announced within a month, an official of the Mittal Group said on Wednesday.

1 min  |

June 05, 2025

Mint Kolkata

Goyal Calls Upon WTO To Address Non-Tariff Barriers

India has called for action to curb non-tariff barriers, address trade distortions caused by non-market economies, and restore a strong dispute settlement mechanism at the WTO, commerce and industry minister Piyush Goyal said on Wednesday.

1 min  |

June 05, 2025

Mint Kolkata

Automakers Race to Find Workaround to China's Stranglehold on Rare-Earth Magnets

Ideas under review include producing electric motors in Chinese factories or shipping made-in-America motors to China to have magnets installed

4 min  |

June 05, 2025

Mint Kolkata

Manufacturing: A sector crying out for a reality check

It's ironic that this sector is getting such attention even as automation reduces the jobs created

3 min  |

June 05, 2025

Mint Kolkata

Daryaganj to triple restaurant count

North Indian restaurant chain Daryaganj Hospitality Pvt. Ltd, which is locked in a legal battle with rival Moti Mahal over who invented the popular butter chicken dish, plans to expand from 15 outlets currently to 50 in three to five years, co-founder and chief executive officer Amit Bagga said.

1 min  |

June 05, 2025

Mint Kolkata

Power demand in industrial states signals cooling output

India's GDP growth rate for January-March quarter came in at 7.4%, backed by agriculture and construction

2 min  |

June 05, 2025

Mint Kolkata

PMI: Services export boom may fizzle out amid global slump

Regaining confidence

1 min  |

June 05, 2025

Mint Kolkata

Campus hirings improve in 2025

Campus hirings bounced back in the 2025 placement season as pre-placement offers (PPOs) rose, with conversions rising by an average of 24% from last year across all degree programmes, Deloitte's Campus Workforce Trends report 2025 showed.

1 min  |

June 05, 2025

Mint Kolkata

Ola's Breakeven Goal Unrealistic

Ola Electric Mobility Ltd's shares tumbled 8% on Tuesday to ₹49, taking the loss so far in 2025 to over 40%.

2 min  |

June 05, 2025

Mint Kolkata

Inside the Ukrainian drone operation that devastated Russia's bomber fleet

Ukraine said it damaged 41 warplanes valued at $7 billion at four bases using drones that cost about $2,000 each

5 min  |

June 05, 2025

Mint Kolkata

Yes Bank to raise up to ₹16,000 crore

Indian lender Yes Bank has approved proposals to raise up to ₹16,000 crore ($1.87 billion) through equity and debt issuances, it said late on Tuesday.

1 min  |

June 05, 2025

Mint Kolkata

Outspoken Korea leftist Lee Jae-myung survived stabbing on path to power

South Korea's new president has spent a lifetime picking himself off the canvas to fight again

4 min  |

June 05, 2025

Mint Kolkata

Services sector activity rises to a three-month high

Tepid expansion India's services sector activity rose slightly in May compared to the previous month.

1 min  |

June 05, 2025

Mint Kolkata

Elon Musk Calls Trump Megabill a 'Disgusting Abomination'

Billionaire sides with GOP critics who say measure doesn't cut spending enough

4 min  |

June 05, 2025

Mint Kolkata

Relief for R-Infra as NCLAT puts insolvency on hold

In April 2022, IDBI Trusteeship filed an insolvency plea, claiming Reliance Infra had defaulted on ₹88.68 crore

2 min  |

June 05, 2025

Mint Kolkata

Safety ratings for e-rickshaws and 3-wheelers likely

The Union government is considering safety ratings for electric three-wheelers and electric rickshaws amid a surge in the adoption of electric vehicles in the three-wheeler segment.

1 min  |

June 05, 2025

Mint Kolkata

The Economy's Gaining Strength and So Is the Urgency of Reforms

India must act quickly to gain from the opportunities that a global trade shake-up could open up

3 min  |

June 04, 2025

Mint Kolkata

Ageing parents? Employer health plans offer a way in

At 30% lower cost, employer plans often skip health checks or cover pre-existing conditions

3 min  |

June 04, 2025

Mint Kolkata

Wise gets nod for cross-border ops

Global technology company Wise on Tuesday said it has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator.

1 min  |

June 04, 2025

Mint Kolkata

Markets lose steam on weak global cues

Equity benchmark indices Sensex and Nifty tumbled nearly 1% on Tuesday, weighed down by a widespread selloff amid foreign fund outflows and growing geopolitical uncertainties.

1 min  |

June 04, 2025

Mint Kolkata

America's 3.5% remittance tax will empower informal cartels

Expensive formal transfers will make space for hawala operators

3 min  |

June 04, 2025

Mint Kolkata

Content creation: Intimidation could hurt innovation

Fix copyright law provisions so that makers of YouTube content can claim a fair share of rights

4 min  |

June 04, 2025

Mint Kolkata

OPEC Raises Oil Output in May

OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.

1 min  |

June 04, 2025

Mint Kolkata

Contingency plans in play for apparel, drug, tyre cos

Firms tweak business strategies to mitigate risk emanating from 10% US tariffs on all imports

3 min  |

June 04, 2025

Mint Kolkata

Hyundai, Kia Sell Stake in Ola Electric

South Korean automakers Hyundai Motor Co. and Kia Corp. sold about 136 million shares in Ola Electric Mobility Ltd on Tuesday, just days after the Indian e-scooter firm posted quarterly losses that had more than doubled.

1 min  |

June 04, 2025

Mint Kolkata

OECD Trims Global Outlook as Trump Trade War Hits US Growth

Global economic growth is slowing more than expected only a few months ago as the fallout from the Trump administration's trade war takes a bigger toll on the US economy, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday, revising down its outlook.

2 min  |

June 04, 2025

Mint Kolkata

Lemon Tree investors must watch debt after a good FY25

Lemon Tree Hotels Ltd's FY25 benefitted from a full-year contribution of Aurika, Mumbai SkyCity, which opened in the third quarter of FY24.

2 min  |

June 04, 2025

Mint Kolkata

US Wants Best Trade Offers Made by Today as Tariff Deadline Looms

The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners seen by Reuters.

1 min  |

June 04, 2025