Explainer Financial News

07.09 / 13:57
Extreme SENSEX performer Explainer Mint Explainer: As elections near, markets continue to bet on Modi. Why?
economic activity. GFCF as a percentage of GDP stood at 28.9% in FY22 and at 29.2% in FY23 and is set to rise further, after declining from a high of 35.8% in FY08 through 29.5% in FY19. However, it's not all smooth sailing.
07.09 / 10:17
Manufacturing Action country Explainer Mint Explainer: The trigger for DCGI alert on Abbott’s Digene, Takeda cancer jab
The Drugs Controller General of India (DCGI) is intensifying oversight to ensure safety and transparency. Recently, it issued advisories to discontinue the use of Abbott's Digene Gel, a popular antacid medication, and Takeda's Adcetris Injection for cancer treatment, citing safety concerns. Mint takes a closer look at the developments.
07.09 / 09:29
Progressive show stage country Explainer end Mint Explainer: Will India's G20 Presidency end without a joint declaration?
Mint takes a look at the issue. A joint declaration or a joint communique at the end of a formal summit is usually standard diplomatic practice. It seeks to show a unified front and some level of agreement on key issues.
07.09 / 08:53
Progressive show stage country Explainer end Mint Explainer: Will India's G20 Summit end without a joint declaration?
Mint takes a look at the issue. A joint declaration or a joint communique at the end of a formal summit is usually standard diplomatic practice. It seeks to show a unified front and some level of agreement on key issues.
07.09 / 05:05
COST UPS Provident Target Manufacturing Racing Explainer Mint Explainer: Can Mukesh Ambani disrupt India's wind energy sector?
Reliance Industries' foray into the wind energy space could disrupt the sector in the same way his group did with refineries, petrochemicals, telecom, and retail. To his credit, Ambani has created the world's largest grassroots petroleum refinery at Jamnagar, Gujarat, doubling its capacity from 33 MTPA in 2010 to over 72 MTPA now. Ambani launched the retail business in 2010 and today Reliance Retail Ltdis the largest retailer in India.
06.09 / 13:13
IPO BLOCK Platform Interface country Explainer settlement Mint Explainer: Sebi’s one-hour trade settlement - A game changer for investors?
Mint explains what the new announcement means for market investors. Currently, when an investor buys or sells shares from stock exchanges, the transaction is confirmed instantly, but the actual settlement takes time. So once the transaction is confirmed, the buyer doesn’t receive shares instantly, nor does the seller receive the proceeds instantly.
06.09 / 12:01
COST UPS Highways Southern country Explainer Mint Explainer: Is Thailand’s proposed Kra Canal a strategic game changer
The proposed Thai Canal, often referred to as the Kra Canal, has been a subject of considerable discussion and analysis due to its potential impact on global trade routes. If realized, this canal would offer an alternative to the Straits of Malacca, a critical maritime passageway that currently serves as a conduit for a significant portion of global trade. China, which heavily relies on the Malacca Straits for its maritime trade, has shown considerable interest in the project.
06.09 / 08:29
Manufacturing Compilation COMPOSITE Remark Explainer Mint Explainer: Why is PMI data important?
India’s manufacturing purchasing managers index (PMI) rose to a three-month high in August, following an increase in orders and output. However, India’s services-sector growth slowed down in August after hitting a 13-year high in July. Mint explains the significance of PMI data.
05.09 / 11:39
UPS Manufacturing Mobile Hyundai stage country Explainer Mint Explainer: Navigating India's electric vehicle surge
Mint explains the current developments in the EV industry in the country: Even though the Indian EV industry is in its early stages, the growth plan under the ‘Make in India’ initiative aims to make the country a manufacturing hub for various sectors including the EV industry. The government aims to achieve 100% local production of EVs under this initiative.
05.09 / 10:47
Action NMC Explainer Mint Explainer: How the NMC is dealing with a fake-letters scam
medical education regulator, the National Medical Commission (NMC), has raised a red flag about several fake letters, allegedly issued in its name, asking medical colleges to increase the number of seats in various specialities. The regulator has clarified that such letters cannot be considered valid permission from NMC.
04.09 / 13:21
UPS FIVE Digital Platform Sony star Explainer rights Mint Explainer: BCCI and media rights - an affair since 1992
₹100 crore. But this jump in the valuation of media rights for the game in India took flight only after the birth of IPL – twenty-over cricket matches (T20) played by the best in the business for privately owned teams, all set against the backdrop of Bollywood spice.
04.09 / 09:03
COST Manufacturing Explainer Mint Explainer: Why factory production is at a three-month high
Global Market Intelligence, said in the survey. "Companies' strategic focus towards a global orientation were evident via a sharp and quicker expansion in international sales.
04.09 / 07:57
Target Extreme Action country Explainer Khalistan Mint Explainer: India-Canada ties and the Khalistan challenge
Mint breaks down the development: At the start of 2023, the India-Canada relationship was thought to be on an even keel. Canada’s foreign minister Melany Joly visited India twice in just a month and spoke about a free-trade agreement between the two countries. However, trouble began to surface after a spate of attacks from pro-Khalistan groups on India’s embassies and consulates across the world.
04.09 / 04:25
Fighting social Explainer committee Maratha reservation: Meeting of Maharashtra Cabinet sub-committee today | Explainer
leadership of then CM Devendra Fadnavis, the government announced the Maratha reservation. The High Court also upheld the Maratha Reservation decision taken by the government. But the Supreme Court took a different decision.
02.09 / 12:57
Target MET Digital Gap show Explainer Centre Mint Explainer: What data tell about Centre's fiscal health, economy
Mint takes a close look Incomes of corporations and individuals show divergent trends. Data from the Controller General of Accounts (CGA) show that Centre’s revenue from corporate tax collection remains a tad weak so far this fiscal compared to what was collected in the same time a year ago. At the end of July, corporate tax collection of ₹1.76 trillion lagged behind what was collected in the same time a year ago by over 10%.
01.09 / 08:05
country Explainer Mint Explainer: Understanding IMD's September rainfall projection
New Delhi: Southwest monsoon is expected to revive in September, with rainfall seen normal during the month in the range of 91-109% of the long period average of 167.9 mm, the India Meteorological Department (IMD) has forecast. This comes after the country experienced its driest August since 1901. Mint delves into the projection and what it means for the country's overall rainfall activity.
31.08 / 12:17
FIVE Man Action Racing performer track social Explainer 2024 Mint Explainer: Who is Vivek Ramaswamy, the man disrupting the 2024 US prez race
pharmaceutical industry. His net worth is estimated at just under $1 billion. In recent years, Ramaswamy has become increasingly active in America’s culture wars.
31.08 / 09:35
Digital Manufacturing Explainer Mint Explainer: The rationale behind bringing 44 drugs under price control
# What measures do drug manufacturers & retailers have to take now? A drug manufacturer will have to issue a price list to NPPA through Integrated Pharmaceutical Database Management System (IPDMS) and submit a copy to State Drug Controller and dealers. Every retailer and dealer shall display the price list as furnished by the manufacturer at his business premises in a manner easily accessible to any person wishing to consult the same.
30.08 / 13:47
UPS Provident FIVE show country Explainer Mint Explainer: Why the government cut LPG prices by ₹200
₹200 on domestic liquified petroleum gas (LPG) cylinders or cooking gas. The move comes in the backdrop of high inflation and also at a time when the government is gearing up for assembly elections in five states as well as general elections next year. Here's a look at the factors behind the decision and its likely impact.

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