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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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India's food inflation to remain elevated? Rapid fire with IDFC First Bank Chief Economist
2+ day, 14+ hour ago (95+ words) Livemint India's food inflation to remain elevated? Rapid fire with IDFC First Bank Chief Economist India’s current monsoon deficit is the highest since fiscal year 2016 (FY16), driven primarily by strengthening El Niño conditions. Gaura Sen Gupta, economist at IDFC First Bank,…...
The US Federal Reserve should forget electoral calendars and focus on what's best for the economy
3+ day, 6+ hour ago (652+ words) At Jackson Hole last month, all eyes were on US Federal Reserve Chair Kevin Warsh in his first speech at the Fed’s annual conference. But all thoughts were about the central bank’s rate decision next week. Kenneth Rogoff, a Harvard…...
The Credit Hazard Lurking in Your Retirement Funds | Stock Market News
4+ day, 21+ hour ago (250+ words) (Bloomberg Opinion) -- The growing list of US credit busts, from subprime auto lender Tricolor Holdings to Broadband Telecom Inc., raises a troubling question: If such “cockroaches” proliferate — if many more enterprises collapse under the weight of excessive debt — who will…...
The best gift for your children isn't a house???it's optionality
6+ day, 13+ hour ago (530+ words) Twenty years ago, Nina and Saurabh Joshi returned to India after living abroad for many years. In their early thirties and raising two young children, they began planning for the family’s future. They bought two apartments in addition to the…...
Mint Explainer | Why the era of cheap money is ending
1+ week, 3+ hour ago (241+ words) For almost two decades, governments, businesses and households the world over benefitted from low borrowing costs. If words and actions of many central banks are anything to go by, that could well be coming to an end. Mint explains why…...
CIL offers additional coal to power plants as stocks decline: Here's what led to critically low levels | Company Business News
1+ week, 10+ hour ago (361+ words) State-owned Coal India Limited (CIL) is reportedly allowing power plants that have fuel supply arrangements with the company and its subsidiaries to procure additional coal beyond their annual contracted quantities. According to the Coal Ministry, prolonged rainfall disrupted mining operations at…...
How much gold can you keep at home without worrying about seizure? Know what the 500g, 250g and 100g limits mean
1+ week, 14+ hour ago (416+ words) This distinction is important because the commonly cited 500-gram, 250-gram and 100-gram figures are not statutory limits on how much gold a man or a woman can own, either at a given time or in total. The Press Information Bureau…...
Ravi Matthai: the institution builder who took management beyond the boardroom
1+ week, 1+ day ago (799+ words) By the 1920s, the first multinationals had arrived in India. Nestle had been selling condensed milk through agents in Bombay and Calcutta since 1912, Siemens set up its India unit in 1922, and Bata opened its first stores in 1926 before starting production in…...
‘Why do leaders forget humans are not a problem?’: HCLTech ex-CEO slams AI-led layoffs, says people lead innovations | Company Business News
1+ week, 5+ day ago (419+ words) Vineet Nayyar, founder of Sampark Foundation and ex-CEO of HCL Technologies has criticised the rounds of artificial intelligence-led layoffs by companies, noting that all innovations and revolutions have been human led and that people are not a problem or commodity…...