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Mint Kolkata

Commerce ministry to bring SOP for data after gold fiasco

The commerce ministry is preparing a standard operating procedure (SOP) for data collection to address discrepancies in import data, a top government official said, after a mismatch in gold import figures reportedly embarrassed the government.

1 min  |

January 16, 2025

Mint Kolkata

BlackRock Hits $11.6 Trillion in Assets After Record Fund Inflow

BlackRock Inc. hauled in an annual record of $641 billion in client cash, underlining its global reach across stocks and bonds, index and active funds, and increasingly fast-growing and lucrative market for private assets.

1 min  |

January 16, 2025

Mint Kolkata

Duty route to lift electronics parts production likely

Carefully executed tariff protection could boost local manufacturing of semi-finished goods

1 min  |

January 16, 2025

Mint Kolkata

DHL Group to add 30% freight capacity in India

German logistics giant DHL Group will expand its freighter capacity in India by 30% in 3-5 years, as it expects its business in the country to double by then, chief executive of DHL eCommerce Pablo Ciano said.

1 min  |

January 16, 2025

Mint Kolkata

Railways May See Best Operating Ratio in Five Years in FY26

Revenues over the past three years and strengthen its finances in FY26. Operating ratio of the Railways, India's largest employer and transporter, has remained high due to its heavy pension liability.

2 min  |

January 16, 2025

Mint Kolkata

Can gifting assets to family members help save taxes?

Key insights on the taxation rules behind family asset transfers and clubbing of income

3 min  |

January 16, 2025

Mint Kolkata

Isro's space docking is key, whether successful or not

Valuable data to help future missions; at stake is a seat at the table with US, Russia, China

3 min  |

January 16, 2025

Mint Kolkata

These New Year resolutions will boost your investment portfolio

Assess your asset allocation as well as net worth, diversify, manage risk and start investing now

4 min  |

January 16, 2025

Mint Kolkata

India's earnings growth mojo over EM peers is on the wane

Losing edge The gap between Nifty50's profit growth over emerging market peers has converged.

1 min  |

January 16, 2025

Mint Kolkata

CEAT Q3 profit falls 46.48% to ₹97.03 cr

Tyre maker CEAT Ltd on Wednesday reported a 46.48% decline in consolidated net profit to ₹97.03 crore for the third quarter ended 31 December, impacted by high raw materials costs.

1 min  |

January 16, 2025

Mint Kolkata

Swiggy gets a new sports subsidiary

Foodtech firm Swiggy has received approval from the ministry of corporate affairs (MCA) to incorporate a wholly-owned subsidiary, Swiggy Sports Pvt. Ltd, to enter the sports and recreational activities segment, it said in a stock exchange filing on Wednesday.

1 min  |

January 16, 2025

Mint Kolkata

Factor Investing: Boosting Returns With Precision

Investors can't ignore factor indices as they keep beating benchmarks over long term

2 min  |

January 16, 2025

Mint Kolkata

Equentis to launch up to ₹1,000 cr debt fund

Equentis Wealth Advisory Services Ltd is looking to launch a ₹500-1,000 crore category II debt fund, focusing on tier I and tier II markets, a senior company official said.

1 min  |

January 16, 2025

Mint Kolkata

DGCA heat on Akasa Air for lapses

The DGCA has now issued two warning letters to Akasa Air in less than a week.

1 min  |

January 16, 2025

Mint Kolkata

Maha Kumbh Mela a boon for travel industry

a 65% rise in flight bookings to Prayagraj and a doubling of the average airfare, he added.

1 min  |

January 16, 2025

Mint Kolkata

OPEC Sees Steady Oil Demand Growth in First 2026 Outlook

India and China Will Drive Growth, Consumption to Surpass the Pace of Supplies

1 min  |

January 16, 2025

Mint Kolkata

Market in 2025 will be a story of 2 halves: Gupta of Axis MF

This year, we are coming on the back of four-five years of very strong gains in the market Ashish Gupta Chief investment officer of Axis AMC

2 min  |

January 16, 2025

Mint Kolkata

Meta apologizes for Zuckerberg remark

Meta India on Wednesday apologized for CEO Mark Zuckerberg's remarks during a podcast that the incumbent government in India lost power in the 2024 elections, and termed it an \"inadvertent error.\"

1 min  |

January 16, 2025

Mint Kolkata

RBI to intervene in forex mkt, despite the tight liquidity

RBI's recent interventions cut India's forex reserves by $70 bn to $634 bn in 14 weeks till 3 January

2 min  |

January 16, 2025

Mint Kolkata

ITC Hotels Eyes Overseas Expansion

ITC plans to expand its hotel business internationally, beginning with neighboring countries and West Asia, its chairman and managing director Sanjiv Puri said.

1 min  |

January 16, 2025

Mint Kolkata

Scheme to push battery part production

The ministry of heavy industries (MHI) is preparing a concept note to garner support for a scheme to promote domestic manufacturing of battery components, MHI joint secretary Vijay Mittal said.

2 min  |

January 16, 2025

Mint Kolkata

Bollywood Set for Overkill as 50 Sequels Lined Up Over 2 Yrs

Bollywood is ready to build on the franchise model like never before, with almost 50 sequels in the works and set for release in 2025 and 2026.

2 min  |

January 16, 2025

Mint Kolkata

SEC Sues Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud

The lawsuit comes after a long investigation that Musk sometimes delayed

4 min  |

January 16, 2025

Mint Kolkata

Neuralink has a third recipient, but not the last

Several companies are working on the brain-computer interface

2 min  |

January 15, 2025

Mint Kolkata

Hit/miss? AI gadgets from CES 2025 that caught our eye

AI hardware made a big splash at CES 2025. We take a pick of those that stood out, and a few that have us puzzled

3 min  |

January 15, 2025

Mint Kolkata

A designer's view of a car as a digital product

For Tata Motors' Martin Uhlarik, good design is about fitting into a customer's lifestyle and thinking digital and futuristic every day

3 min  |

January 15, 2025

Mint Kolkata

AI regulation report: Broadly welcome but not entirely

The report bats for light-touch supervision but we need a more pragmatic approach in India's context

4 min  |

January 15, 2025

Mint Kolkata

The case for GST simplification in India is clear: It is time to act

A GST regime with uniform rates based on clear data within a broad category would enhance fairness and reduce litigation

4 min  |

January 15, 2025

Mint Kolkata

Facebook and Instagram may see their users get split apart

A gulf will open up between the US and EU on social media usage

3 min  |

January 15, 2025

Mint Kolkata

The government could offer the market relief

As a long slide in Indian stock indices persists, the Centre cannot ignore the current situation. It should step up reforms and adopt measures to help the market gain allocative efficiency

2 min  |

January 15, 2025