Mint Business News - Official Channel

2023-05-11 07:05:29 Twenty of the 23 economists in the poll see inflation falling below 5%, and three see it at 5%. The lowest forecast is 4.4%

Read here: https://www.livemint.com/news/india/new-delhi-inflation-to-reach-18-month-low-mint-poll-of-23-economists-projects-amid-general-dip-in-prices-11683751954300.html Open / Comment

2023-05-11 06:34:54 #Modi's visit will strengthen two countries' shared commitment to a free, open, prosperous, and secure Indo-Pacific region and will elevate the bilateral strategic technology partnership, said the #WhiteHouse.

Read here: https://www.livemint.com/news/india/joe-biden-to-host-narendra-modi-for-official-state-visit-on-22-june-11683731637328.html Open / Comment

2023-05-10 11:32:03 The low-cost carrier had filed for bankruptcy after reporting loss due to "faulty" Pratt & Whitney engines that grounded about half its 54 Airbus A320neos.

https://www.livemint.com/news/india/go-first-airline-gets-nclt-bankruptcy-protection-what-does-it-mean-for-the-company-11683700433930.html Open / Comment

2023-05-10 10:14:15 #JSWInfrastructure is the second largest commercial port operator in #India in terms of cargo handling capacity during 2021-22.

Read here: https://www.livemint.com/market/ipo/jsw-infrastructure-files-for-ipo-to-raise-rs-2-800-crore-11683694950681.html Open / Comment

2023-05-10 09:35:38 The #WadiaGroup-backed airline #GoAir had filed for #insolvency on 2 May citing financial losses to the tune of ₹10,800 crore in revenues and additional expenses due to faulty engines supplied by Pratt & Whitney.

Read here: https://www.livemint.com/companies/news/nclt-admits-go-air-insolvency-plea-moratorium-kicks-in-11683699511694.html Open / Comment

2023-05-10 08:27:42 GSI clarified that the amount of metals present in the region will be become clear only after the completion of the drilling work and finalisation of the report.

Read here: https://www.livemint.com/news/india/baseless-and-misleading-gsi-rejects-media-reports-on-lithium-reserve-found-in-rajasthan-11683692412008.html Open / Comment

2023-05-10 08:13:26 #Startups have been facing a prolonged funding winter amid recessionary conditions globally.

Read here: https://www.livemint.com/companies/start-ups/startup-funding-at-9-year-low-in-april-as-outlook-stays-grim-11683660610419.html Open / Comment

2023-05-10 07:40:20 These celebrity endorsers, many of whom are not A-list #Bollywood actors, have the ability to connect with Indian consumers through social media campaigns and brand endorsements.

Read here: https://www.livemint.com/companies/news/global-brands-chase-new-faces-in-india-11683656054340.html Open / Comment

2023-05-10 06:57:23 Trends in farm output show #India's horticulture output has been surpassing that of cereals, which are backed by federally fixed floor prices, due to high-yielding planting material and productivity-boosting practices.

https://www.livemint.com/news/india/indias-food-inflation-cooled-by-vegetable-price-drop-hurting-farmers-incomes-high-yielding-crops-lead-to-production-gluts-11683655035932.html Open / Comment

2023-05-09 13:34:33 #MintCharts | The US #dollar — inadvertently termed “the biggest financial terrorist in the world" by top Indian banker #UdayKotak — continues to be the premier international currency, data shows.

While the political rhetoric around the Chinese renminbi might be strong, it’s nowhere near becoming the premier global currency. Open / Comment