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Mint New Delhi

America's Most Famous Stock-Market Measure Is More Broken Than Usual

The Dow has always been flawed, but it held on to its status as the iconic gauge of American stocks because a mix of luck and design meant it mostly matched the broader market. No longer.

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

MF investors pivot to safety of large-cap stocks

So far this month, Nifty and Sensex are down 2% each, while small- and mid-caps have both lost about 6%

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

US court puts on hold trial in Cognizant-L&T bribery case

Move follows US prez's executive order halting enforcement of Foreign Corrupt Practices Act

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Macquarie joins Wall Street-led exodus from climate alliance

Macquarie Group Ltd, a major backer of global renewable energy and green investments, has joined banks in the US and elsewhere in quitting the finance sector's top climate alliance.

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

New income tax Bill to use formulas over definitions

Term 'tax year' to be introduced to specify year of earning income for which liability is computed

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Business schools see placements pick up this year

Median pay had stagnated or, in some cases, even dipped for the batch of 2024 versus the one that graduated in 2023.

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Blackstone, Two Others Eye 51% in Gland Pharma

Global private equity firms Blackstone, Brookfield and Warburg Pincus are in talks to acquire a majority stake in Hyderabad-based Gland Pharma Ltd from China's Shanghai Fosun Pharmaceutical Co. Ltd in a deal expected to value the firm at nearly $3 billion, three people with knowledge of the development said.

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Low input costs, truck demand lift Leyland's Q3 profit

Ashok Leyland, India's second-largest maker of commercial vehicles, beat Street estimates to post its highest-ever profit for the December quarter on the back of lower input costs and a resurgence in demand for trucks during the quarter.

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

How To Prepare For Retirement In A World Of Increasing Life Expectancy

FIRE centres on smart strategies and informed investments for lasting financial stability

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

SC Extends Danny Gaekwad's Religare Bid Window

The Supreme Court Tuesday permitted US-based Digvijay 'Danny' Gaekwad to deposit ₹600 crore by Thursday 2 pm in an account designated by the Reserve Bank of India (RBI).

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Donald Trump Advisers Eye Bank Regulator Consolidation

Trump administration officials are discussing plans to curtail and combine the power of banking regulators—without Congress’s input.

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Banks bet on personal loans despite signs of rising stress

Lenders to expand high-yield portfolio even as growth slows; focus on salary account holders

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Powell says Fed doesn't need to rush on rate cuts

Fed chair outlines paths for 2025: Hold rates if inflation doesn't improve or cut if economy slows more sharply

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Energy to be strong component of India-US ties, says oil minister

With prime minister Narendra Modi set to meet US president Donald Trump, petroleum and natural gas minister Hardeep Singh Puri said energy will continue to be a very strong component of the India-US relationship and he is hopeful about the bilateral energy issue figuring in the prime minister's deliberations.

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Trump's climate rollback mustn't slow our green transition down

The economic case for sustainability is clear. A policy reversal in the US should nudge India to strengthen its climate efforts

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

ONGC-NTPC JV seals ₹6,600 cr Ayana deal

The sale will rank among the largest deals in India's green energy space

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

India May Pause E-comm Policy as Trump's Entry Spurs Caution

India's proposed comprehensive e-commerce policy that has drawn strong interest from global entities such as Amazon and Walmart may be put on the back-burner, two people aware of the matter said, as countries pause and reassess priorities in the wake of an eventful regime change in the US.

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Prudential Plc eyes listing of ICICI Prudential AMC

AMCs were investor favourites during the bull run, but the recent market correction has flipped the script

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Greenpac's review plea in HNGIL case

Sanitary ware and glass container manufacturer AGI Greenpac sought a review of the Supreme Court's January ruling that quashed the approval of AGI's resolution plan for the bankrupt Hindusthan National Glass & Industries Ltd (HNGIL), citing failure to get prior permission from the Competition Commission of India (CCI).

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Fake drug crackdown may net chemists, wholesalers

In the battle against fake drugs, chemists and wholesalers have always been spared the whip. May be not for long.

3 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

NHA Plans U-WIN Integration With Immunity Scheme

The National Health Authority (NHA) has asked the health ministry to integrate the Universal Immunization Win (U-WIN) platform with the Unified Health Interface (UHI).

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

US firm Enfabrica starts India ops

US-based fabless semiconductor company Enfabrica Corp. on Wednesday announced the start of its India operations with a new office and research and development (R&D) facility in Hyderabad.

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Elon Musk Defends Cost-Cutting Efforts in Oval Office Appearance

Trump Signed an Executive Order Giving DOGE More Authority to Reduce the Size of the Federal Workforce

4 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Maaza becomes billion-dollar brand

Maaza, a desi mango fruit-based drink owned by Coca-Cola, has touched the milestone of becoming a billion-dollar brand in 2024, its chairman and chief executive officer James Quincey has said.

1 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

Market meltdown may shrink startup IPOs and valuations

More than two dozen startups may go public in the coming months, including potential billion-dollar issues

2 min  |

February 13, 2025
Mint New Delhi

Mint New Delhi

IOCL, BPCL to sign LNG purchase deals with Adnoc

Two of India's biggest state-run oil companies will this week sign agreements to buy liquefied natural gas (LNG) from Abu Dhabi National Oil Co., (Adnoc) as the world's most populous nation looks to secure long-term supplies to meet growing energy demand.

1 min  |

February 13, 2025

Mint New Delhi

India, France unveil road map for AI, nuclear partnership

Two sides to work on developing safe, secure AI and building modular n-reactors

2 min  |

February 13, 2025

Mint New Delhi

Select Wins in Mumbai Realty

On solid ground

2 min  |

February 13, 2025

Mint New Delhi

Jubilant Q3 profit drops 35%, hurt by rising costs

India's Jubilant Foodworks reported a nearly 35% fall in quarterly profit on Wednesday, with Domino's Pizza franchise's margins dented by higher expenses amid accelerated store expansion and elevated food costs.

1 min  |

February 13, 2025

Mint New Delhi

We need a robust framework for climate governance

Comprehensive legislation and a cohesive frame of governance can close gaps and speed up climate progress

3 min  |

February 13, 2025