Mint Business News - Official Channel

2023-05-18 11:22:32 #MintSnapView | "A number of factors have forced wholesale prices down. Some of these have little to do with what policymakers have been doing to cool #inflation."

Read here: https://www.livemint.com/opinion/online-views/why-the-rbi-s-fight-against-inflation-isn-t-over-yet-11684395237629.html Open / Comment

2023-05-18 10:59:03 To fuel its web services business, #Amazon said it has trained more than 4 million people in #India with cloud skills since 2017 and invested in six utility-scale renewable energy projects.

Read here: https://www.livemint.com/companies/news/amazons-cloud-unit-to-invest-12-7-billion-in-india-by-2030-reports-say-11684379747195.html Open / Comment

2023-05-18 09:24:21 The #SC held that the amendments had minimised cruelty to animals by providing additional safeguards and do not violate the 2014 judgment or provisions of the Constitution.



Read here: https://www.livemint.com/news/india/supreme-court-upholds-tamil-nadu-law-allowing-bull-taming-sport-jalikattu-11684389332283.html Open / Comment

2023-05-18 08:23:48 #AudiIndia grew its sales to 1,950 cars in the first three months of 2023, up 126% over the corresponding period of last year.

Read here: https://www.livemint.com/news/india/audi-india-expects-robust-growth-in-luxury-car-sales-in-2023-despite-headwinds-thanks-to-easing-semi-conductor-chip-supplies-11684343161447.html Open / Comment

2023-05-18 08:23:07 A Mint analysis of inflation data of select items for the April-June period since 2015 shows average inflation of over 4% for mangoes, muskmelon, milk, curd, and cold beverages among food items.

https://www.livemint.com/economy/summer-inflation-mango-prices-surge-in-delhi-as-climate-change-drives-up-temperatures-impacting-food-and-travel-costs-11684350896695.html Open / Comment

2023-05-18 06:58:16 The #Congress party has reached the decision with the two leaders agreeing to a rotational formula. #Siddaramaiah will be the CM for a period of 2.5 years. After which, #Shivakumar will take over as the CM.

Read here: https://www.livemint.com/politics/news/karnataka-election-siddaramaiah-dk-shivakumar-next-cm-details-breaking-news-latest-updates-11684368858709.html Open / Comment

2023-05-17 20:37:22 The decline in retail sales, air travel and the property market was far more dramatic than the slowdown in industry, electricity use or rail freight.

https://www.livemint.com/economy/how-to-measure-china-s-true-economic-growth-11684335181402.html Open / Comment

2023-05-17 07:09:57 In response to EU Foreign Policy Chief Josep Borrell's comments urging action against Indian refined products derived from Russian crude, EAM S Jaishankar suggested that he should examine the regulations of the EU Council.

https://www.livemint.com/news/world/s-jaishankar-defends-indias-purchase-of-russian-oil-in-response-to-eus-propose-11684287900063.html Open / Comment

2023-05-17 07:09:48 Most brokerage firms cheered the strong March quarter numbers of #BankofBaroda (BoB) as the public sector lender's standalone profit after tax (PAT) more than doubled in Q4 FY23.

https://www.livemint.com/market/stock-market-news/brokerages-cheer-bank-of-baroda-q4-show-expect-double-digit-upside-11684295468174.html Open / Comment

2023-05-17 07:07:39 “I think that the whole notion of work from home is a bit like the fake Marie Antoinette quote, ’Let them eat cake," #ElonMusk said.

“It’s not just a productivity thing," Musk said. “I think it’s morally wrong."

https://www.livemint.com/news/world/elon-musk-scorns-work-from-home-culture-calling-it-morally-wrong-and-unproductive-11684284547962.html Open / Comment