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Let footpaths lead us to faster economic growth

Mint Hyderabad

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December 20, 2024

If good roads are signposts of prosperity, so are urban walkways. But India's pedestrian infrastructure suffers neglect that an economy in need of inclusive growth cannot afford

In a Peak Bengaluru moment this month, a walking tour group organized a 15-day 'BLR Walkfest,' getting people to find out if the city is 'walkable.' True to the city's brand-it-and-we'll-do-it culture, about a hundred people signed up for every walk, which included talks on historic landmarks and lots of filter-coffee drinking, to see if they could do what millions of Indians do daily—use pavements to get around the city on foot.

Many Indians ride in cushy carriages all their lives without ever stepping on a footpath, but a vast majority, most of them poor, either walk to work or work on paved sidewalks. We are so short of pedestrian infrastructure that if jaywalking were illegal in India, as it is in some countries, it would legally be impossible to get from point A to point B on foot. This is not to say Indians don't walk: 2011 Census data shows that more than 45 million Indians get to work at distant locations on foot, compared to 5 million in cars and 24 million on two-wheelers.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Cyberattack on vendor hits major US banks

Client data for JPMorgan Chase, Morgan Stanley Citi and other major banks may have been accessed in a hack of a tech vendor, The New York Times reported on Saturday, citing people familiar with the matter.

time to read

1 min

November 24, 2025

Mint Hyderabad

Mint Hyderabad

Walmart was once demonized but has transformed its image

Its staff-oriented strategy faced investor scepticism but has paid off

time to read

3 mins

November 24, 2025

Mint Hyderabad

India to curb antibiotic use in animals to control drug resistance

India has unveiled its next-generation national action plan on antimicrobial resistance (AMR 2.0) for 2025-2029, to curb misuse of antibiotics across humans and animals as drug-resistant infections emerge as a major national health threat.

time to read

2 mins

November 24, 2025

Mint Hyderabad

Amfi leads data drive as Sebi plans fee cap

The mutual fund industry is compiling an extensive dataset on portfolio churn and transaction costs to help the Securities and Exchange Board of India (Sebi) evaluate its proposal to sharply cap brokerage fees.

time to read

2 mins

November 24, 2025

Mint Hyderabad

Carlyle targeting $300 mn side fund

Carlyle Group Inc. is launching an India side fund to operate along the firm’s sixth pan-Asia investment vehicle, to tap opportunities in everything from tech to health care.

time to read

1 min

November 24, 2025

Mint Hyderabad

Mint Hyderabad

Embrace the quiet joy of doing nothing in retirement

In a world demanding constant action, finding stillness is the perfect, complementary antidote to an active retirement

time to read

3 mins

November 24, 2025

Mint Hyderabad

Mint Hyderabad

CAG plans shift to live audits to curb public funds misuse

The overhaul is designed to flag tendering lapses, execution delays and potential losses early

time to read

2 mins

November 24, 2025

Mint Hyderabad

Mint Hyderabad

'Stay invested in the stock market, everything is for the long haul'

Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to

time to read

5 mins

November 24, 2025

Mint Hyderabad

BirlaNu announces new Andhra plant

Building materials and home solutions company BirlaNu on Sunday announced plans to set up a greenfield fibre cement board plant in Nellore district of Andhra Pradesh.

time to read

1 min

November 24, 2025

Mint Hyderabad

OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

November 24, 2025

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