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Mint Kolkata

Nayara set to add a fuel station per day

Nayara Energy, India's largest private fuel retailer, plans to add 400 petrol pumps this year to expand its retail network across various states, the firm said in a statement on Sunday.

1 min  |

January 06, 2025

Mint Kolkata

FDI in India growing rapidly: Goyal

Foreign Direct Investment (FDI) inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal said.

1 min  |

January 06, 2025

Mint Kolkata

A Weakened Iran Prepares to Face Donald Trump 2.0

From worsening social unrest to its allies' military collapse, Tehran is bracing for what could be a difficult year

7 min  |

January 06, 2025

Mint Kolkata

Inflation to hit gross margin of FMCG cos

Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter.

1 min  |

January 06, 2025

Mint Kolkata

Govt likely to revise customs duties on gold, other items

Customs duties are often tweaked in annual budgets with clear objectives

2 min  |

January 06, 2025

Mint Kolkata

Nazi ties to Credit Suisse deeper than was known, hidden files reveal

Switzerland thought it came to terms with its Nazi-assisting past after harrowing probes in the 1990s led its two largest banks to pay more than $1 billion restitution to Holocaust victims.

4 min  |

January 06, 2025

Mint Kolkata

Demystify mutual funds with SmarTomorrows

The Indian mutual fund industry is one of the fastest-growing in the world. Over the years, mutual funds in India have gained popularity as investors seek to diversify their portfolios and benefit from the expertise of professional fund managers.

1 min  |

January 06, 2025

Mint Kolkata

Osamu Suzuki, A Leader Who Defied Conventions, Outlived Challenges

In 1982, he signed a JV with the Indian government to create Maruti Udyog Ltd

4 min  |

January 06, 2025

Mint Kolkata

Connected TV Driving Family Content on OTT

Rise in connected TV adoption reshapes streaming, marketing strategies

2 min  |

January 06, 2025

Mint Kolkata

What lies behind India's palatial ₹100 crore homes

A ₹190 crore penthouse sale at DLF Ltd's The Camellias in Gurugram was the biggest deal of 2024

2 min  |

January 06, 2025

Mint Kolkata

Central loans for state capex set to get easier

States had to bring reforms in areas like scrapping old vehicles to access the loans

1 min  |

January 06, 2025

Mint Kolkata

India Leads Growth in Swiss Watch Imports Worldwide

Experts say this growth reflects mixed consumption patterns, and not just luxury demand

2 min  |

January 06, 2025

Mint Kolkata

Foxconn Q4 Sees Record Revenue on AI Demand

Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.

1 min  |

January 06, 2025

Mint Kolkata

Nippon Takeover Block Creates Uncertainty for US Workers

The US Govt Has Sought Over the Years to Protect US Steel and Other Steelmakers by Imposing Taxes on Imported Steel

2 min  |

January 06, 2025

Mint Kolkata

Heat on H-1B, but IT companies use it less now

The dependence on H-1B visas was higher in 2014, when four of the top five recipients were Indian IT services firms

2 min  |

January 06, 2025

Mint Kolkata

Weak earnings in near term won't be a negative surprise for markets

Markets have discounted slower economic growth and weaker corporate earnings in the near term, which means any negative surprise on growth or earnings won't come as a shock, according to Nitin Jain of Kotak Mahindra Asset Management (Singapore).

4 min  |

January 06, 2025

Mint Kolkata

Why The Concept Of Irr Is The Best Kept Secret

Because the lay person cannot calculate IRR, it makes him feel that the lender is fleecing him

4 min  |

January 06, 2025

Mint Kolkata

Accel looks beyond metros

NEW PLAYBOOK ACCEL will also bet on AI, fintech and manufacturing that serve domestic and global demand THE firm recently led a funding round of $2 million in rapid food delivery startup Swish

1 min  |

January 06, 2025

Mint Kolkata

PE/VC funding in new year picks up

The first week of 2025 saw startups gradually regain momentum after the New Year celebrations, with fundraising activity rebounding alongside steady mergers and acquisition (M&A) action, including a few high-value deals.

1 min  |

January 06, 2025

Mint Kolkata

War, Climate, & AI: World's Three Big Challenges of '25

Trump's win could weaken the effort to tackle the climate change challenge

3 min  |

January 06, 2025

Mint Kolkata

Nabard eyes new fund to add climate funding

After NabVentures Fund 1, the National Bank for Agriculture and Rural Development (Nabard) now plans a second round focused on ventures that address hurdles created by climate change in the rural financial ecosystem, said Shaji K. V., chairman of Nabard.

1 min  |

January 06, 2025

Mint Kolkata

Manufacturing compliance deadline to be extended for small drug firms

The Centre plans to extend the deadline for complying with good manufacturing practice (GMP), on a par with the World Health Organization (WHO) standards for small pharmaceutical companies with a revenue of ₹250 crore or less by one year till 31 December 2025.

1 min  |

January 06, 2025

Mint Kolkata

EU polls may delay FTA talks

Most recently, the government change in the UK has delayed FTA talks. It's not yet clear when the talks will resume

1 min  |

January 06, 2025

Mint Kolkata

Shipping to get infra status to push Indian shipbuilders

The status would allow shipping entities to secure funds on easier terms with low interest rate

2 min  |

January 06, 2025

Mint Kolkata

EU to help MSMEs to cope with tech, sustainability reporting

The European Union (EU) has decided to help small Indian businesses cope with its looming tax on carbon-intensive exports by funding decarbonization technologies, two industry figures said.

1 min  |

January 06, 2025

Mint Kolkata

Data rules draft: focus on minors, national security

A draft of rules for India's data protection law has proposed that parents mandatorily identify themselves before their children can join certain online platforms.

1 min  |

January 04, 2025

Mint Kolkata

Cold wave in North India to boost wheat, mustard crops

The drop in temperature does not bode well for crops like chickpea and potatoes in the plains

2 min  |

January 04, 2025

Mint Kolkata

States' Q4 borrowing to rise 18% after Q2 growth slump

Capex boost likely as West Bengal, Maharashtra, Karnataka lead ₹4.73 tn borrowing plan

3 min  |

January 04, 2025

Mint Kolkata

Rupee closes at new record low vs dollar

Reports of the central bank selling US dollars supported the rupee at lower levels, traders said

1 min  |

January 04, 2025

Mint Kolkata

Existing EV subsidies to stay, no new incentives

Commerce minister Piyush Goyal said on Friday existing subsidies for the electric vehicle (EV) ecosystem will continue for some time, citing broad consensus among the government, auto OEMs, and battery swapping companies that no new incentives or subsidies are required at this stage.

1 min  |

January 04, 2025