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Address India's worsening urban groundwater crisis

Mint Ahmedabad

|

January 23, 2025

We require innovative solutions that use technology to prevent its depletion and contamination

- AMIT KAPOOR & MEENAKSHI AJITH

The Annual Groundwater Quality Report 2024 published by the Central Ground Water Board (CGWB) has sparked widespread concern, shining a spotlight on the invisible yet indispensable groundwater resources that sustain nearly half the world's urban population. Alarmingly, the report reveals that 20% of groundwater samples across India contain nitrate levels exceeding the safe limit of 45mg/l, with some districts reporting concentrations of over 40%. States like Rajasthan, Maharashtra and Tamil Nadu bear the brunt of this contamination, largely due to excessive fertilizer use and inadequate waste management. Beyond nitrates, fluoride levels surpassed permissible limits in over 9% of the samples, while arsenic contamination remains severe in West Bengal, Uttar Pradesh, Assam and other states. As these pollutants seep into aquifers, the health of millions is at risk, underscoring the urgent need for a paradigm shift in urban water management.

FLERE HISTORIER FRA Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

The curious case of LIC's voting on RIL, Adani resolutions

Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.

time to read

1 min

November 28, 2025

Mint Ahmedabad

Mint Ahmedabad

360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

1 min

November 28, 2025

Mint Ahmedabad

Mint Ahmedabad

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint Ahmedabad

It's a multi-horse race on stock markets as Smids muscle in

tion through retail flows, systemic investment plans (SIPs) and passive assets under management (AUM).

time to read

2 mins

November 28, 2025

Mint Ahmedabad

Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

2 mins

November 28, 2025

Mint Ahmedabad

Mint Ahmedabad

Tech startups on M&A route to boost scale, market share

M&As were earlier used to enter new markets or geographies, but that strategy has evolved

time to read

2 mins

November 28, 2025

Mint Ahmedabad

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint Ahmedabad

Mint Ahmedabad

GOING SOLO: FACING THE GROWING REALITY OF SOLITARY RETIREMENT IN INDIA

What we plan for ourselves isn't always what life plans for us.

time to read

2 mins

November 28, 2025

Mint Ahmedabad

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Ahmedabad

Mint Ahmedabad

Can I claim TDS refund despite missing return filing deadline?

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in, did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I was advised by a friend that I could claim a refund of TDS at the time of filing my tax return due to the benefits of the Double Taxation Avoidance Agreement (DTAA).

time to read

2 mins

November 28, 2025

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