Mint Business News - Official Channel
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Mint Business News - Official Channel
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129K subscribers
Mint Business News - Official Channel
https://www.livemint.com/news/india/jai-hind-pm-narendra-modi-greets-nation-on-72nd-republic-day-11611628683393.html
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'Jai Hind!': PM Narendra Modi greets nation on 72nd Republic Day
The scheduled programme will start at 9 am and conclude after the traditional fly past 11.25 am.This year's Republic Day will be very different from previous years as it is for the first time that it will be held amid the ongoing Covid-19 pandemic
Mint Business News - Official Channel
https://www.livemint.com/companies/news/smaller-cities-towns-fuel-rise-in-air-traffic-11611620156791.html
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Smaller cities, towns fuel rise in air traffic
Overall, Indian airports saw 15.79 million passengers during December, comprising 14.44 million domestic passengers, and 1.35 million international passengers, down 50.4% from a year earlier
Mint Business News - Official Channel
https://www.livemint.com/budget/news/budget-2021-the-biggest-challenges-facing-nirmala-sitharaman-in-10-charts-11611554851706.html
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Budget 2021: The biggest challenges facing Nirmala Sitharaman, in 10 charts
The Finance Minister needs a foolproof plan to help revive the twin cycles of capex and credit. A sustained recovery in jobs, incomes, and domestic demand depends critically on a pickup in fresh loans and investments
Mint Business News - Official Channel
https://www.livemint.com/market/mark-to-market/buoyant-markets-lift-icici-securities-profitability-in-q3-but-not-its-stock-11611659928799.html
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Buoyant markets lift ICICI Securities’ profitability, not its stock
The active client base, which includes all customers who used the brokerage to transact in the past one year, increased 17% to 1.63 million. The firm expanded its market share to 10.5%
Mint Business News - Official Channel
https://www.livemint.com/news/india/what-farmers-want-and-why-they-are-protesting-11611662903629.html
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Explained: What farmers want and why they are protesting
Thousands of farmers have been camping at several Delhi border points since 26 November.On 11 January, the SC stayed the implementation of new farm laws till further orders and decided to set up a 4-member committee to resolve the impasse between the Centre…
Mint Business News - Official Channel
https://www.livemint.com/companies/news/why-world-s-richest-men-elon-musk-and-jeff-bezos-are-fighting-over-satellites-11611722301718.html
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Why world’s richest men, Elon Musk and Jeff Bezos, are fighting over satellites
Musk’s SpaceX has asked the FCC for permission to operate Starlink communications satellites at a lower orbit than first planned.Bezos’s Amazon says the move would risk interference and collisions with its planned Kuiper satellites
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/why-is-sensex-down-2000-points-in-four-days-here-are-10-updates-11611729217345.html
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Why is Sensex down about 2,400 points in 4 days? Here are 10 updates
Pre-Budget nervousness and broader profit-taking have been attributed for the current round of selloff.Locking up of large sums in the recent IPOs have also led to this sell-off, said a brokerage
Mint Business News - Official Channel
https://www.livemint.com/money/personal-finance/how-some-rookie-traders-outfoxed-top-hedge-funds-11611765885020.html
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How some rookie traders outfoxed top hedge funds
GameStop shares have literally headed to the moon, rising 1,200% this year, on the back of coordinated buying by the 2.7 million-strong r/WallStreetBets group on Reddit. In the process, hedge funds such as Melvin Capital, Citron Capital have borne heavy losses.…
Mint Business News - Official Channel
https://www.livemint.com/market/mark-to-market/salman-khan-cameo-better-cost-control-helps-emami-report-record-margins-in-q3-11611811423953.html
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Salman Khan cameo, better cost control helps Emami report record margins in Q3
To be sure, Emami’s investors have little to complain about. After all, the shares have appreciated as much as 37% from its pre-covid highs seen in January 2020.
Mint Business News - Official Channel
https://www.livemint.com/money/personal-finance/know-how-an-increase-in-cess-can-impact-your-tax-liability-11611818801377.html
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Know how an increase in cess can impact your tax liability
The health and education cess was introduced in the Union Budget 2018. Prior to that total cess charged was 3%. It comprised 2% of education cess and 1% senior secondary education cess.
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/gamestop-resumes-frenzied-stock-rally-after-brief-outrage-on-reddit-forum-11611833356394.html
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GameStop resumes frenzied stock rally after brief outrage on Reddit forum
The stock has advanced more than 1,700% this year, fueling a rally in retail trading across the board, leading some short sellers to throw in the towel
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/sensex-may-bottom-out-soon-after-falling-2900-points-in-5-days-11611832279981.html
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Sensex may bottom out soon after falling 2,900 points in 5 days, say analysts
Many analysts are hopeful that the selling pressure could ebb going forward after the five-day selloff
Mint Business News - Official Channel
https://www.livemint.com/companies/company-results/covid19-impact-irctc-q3-net-profit-plunges-62-to-rs-78-cr-11611839718322.html
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Covid-19 impact: IRCTC Q3 net profit plunges 62% to ₹78 cr
Revenue from operations fell 69% to ₹224 cr
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/zerodha-co-founder-explains-how-retail-investors-can-handle-stock-market-volatility-11611842437241.html
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Zerodha co-founder explains how retail investors can handle stock market volatility
Avoiding penny stocks, sticking to position sizing are some of the tips Nikhil Kamath has for retail investors
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/wall-st-shrugs-off-bleak-economic-data-dow-jumps-over-450-pts-11611847058392.html
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Wall Street shrugs off bleak economic data, Dow jumps 600 pts
US economy contracts in 2020, worst performance since 1946; weekly jobless claims dip, but still remain high.Tesla slips after disappointing results; American Airlines joins retail trading frenzy
Mint Business News - Official Channel
https://www.livemint.com/industry/telecom/airtel-tests-5g-over-commercial-network-in-hyderabad-11611818745849.html
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Bharti Airtel tests 5G, races ahead of rivals
Airtel’s ability to run 5G services over its existing commercial network is a win for the company, which has been struggling to play catch-up with Mukesh Ambani’s Jio for the past few years and has ceded its leadership in the Indian telecom market
Mint Business News - Official Channel
https://www.livemint.com/news/india/serum-institute-seeks-approval-to-conduct-local-trial-for-novavax-covid-vaccine-report-11611895523649.html
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Serum Institute seeks approval to conduct local trial for Novavax Covid vaccine
US biotech firm Novavax has said that its Covid-19 vaccine was 89.3% effective in preventing the killer virus in a trial conducted in the United Kingdom
Mint Business News - Official Channel
https://www.livemint.com/budget/economic-survey/10-major-points-made-by-the-economic-survey-11611919556899.html
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10 major points made by the Economic Survey
The Survey expects the Indian economy to grow by 11% in real terms (adjusted for inflation) during 2021-22. This is close to the growth of 11.5% forecast by the International Monetary Fund (IMF). This is good news.
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/investor-wealth-tumbles-over-rs-11-57-lakh-cr-as-markets-tank-for-6th-day-11611925817736.html
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Investor wealth tumbles over ₹11.57 lakh cr as markets tank for 6th day
The 30-share BSE benchmark tanked 588.59 points or 1.26% to finish at 46,285.77 on Friday.Among the 30-frontline companies chart, Dr Reddy's, Maruti, Bharti Airtel, Bajaj Auto, Infosys and TCS were the major losers, declining up to 5.69%
Mint Business News - Official Channel
https://www.livemint.com/budget/economic-survey/the-key-takeaways-from-the-economic-survey-in-8-charts-11611926779474.html
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The key takeaways from the Economic Survey in 8 charts
The Economic Survey's pitch is that things are looking up for India