Explainer Financial News

20.08 / 06:43

Explainer Mint Explainer: Why has India imposed 40% export duty on onions?

Rabi crop, reducing shelf life of the kitchen essential. This sparked fears of supply tightness by September.

20.08 / 05:17

country ASEAN Explainer Mint Explainer: India’s ties with ASEAN countries

Narendra Modi is reportedly scheduled to travel to Indonesia for the East Asia Summit and the India-ASEAN Summit next month. Mint looks at India’s ties with ASEAN countries.

19.08 / 13:49

Target Beasley Immunic show track country Explainer Explainer-Eris, BA.2.86: Do I need to worry about COVID again?

By Deena Beasley and Nancy Lapid

19.08 / 10:49

COST performer country Explainer Mint Explainer: How does NFRA seek to uphold auditor independence?

Audit regulator National Financial Reporting Authority (NFRA) is making sustained efforts to ensure that auditors who sign off on financial statements of companies and banks are independent. Mint takes a look at steps taken by the regulator. To draw investments, the reliability of financial statements and governance in Indian firms is essential, especially as policy makers actively promote India's prospects to global investors, aiming for developed country status within the next 25 years.

19.08 / 05:07

Provident Maxim Aviat Action Airlines show Deaths Explainer Mint Explainer: Are pilot deaths indicative of fatigue?

reality of maximizing aircraft utilization for revenue often results in a stressful environment for pilots due to tight scheduling. “Cumulative fatigue has started showing its results and it is time that DGCA maintains a record of pilot demise and unfit issues due to conditions related to the heart," a pilot said on condition of anonymity. In fact, Airlines Pilots’ Association of India has written to pilots regarding the urgent need of a mega body of Indian pilots under industry veteran Captain Shakti Lumba.

19.08 / 04:23

UPS BLOCK Maxim Explainer Power Mint Explainer: Why is India's power demand scaling new highs?

Indian Energy Exchange (IEX) touched ₹7.14 per kilowatt hour (kWh or unit) up from ₹6.04 per unit from last week. Prices, intermittently, have been hitting the ₹10 per unit price cap. A.

18.08 / 10:11

UPS Man Progressive performer track Explainer Mint Explainer: What are ARCs and how have they performed?

Mint takes a closer look at ARCs and how they make money. Banks and non-bank lenders use asset reconstruction companies (ARCs) to clear their balance sheet of non-performing assets. Empowered by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, these institutions act as focussed recovery and turnaround specialists that buy bad debt and pay either in cash or a mix of cash and security receipts.

18.08 / 10:11

Southern country Explainer Mint Explainer: How has the monsoon been so far?

Mint explains how the monsoon has fared so far. July ended with 6% above normal rainfall, compared with a 10% deficit in June. With this, the country recorded a satisfactory 5% above normal rainfall in the first half (June-July) of the monsoon season.

18.08 / 09:19

country Explainer Mint Explainer: Why India continues to aid Afghanistan despite Taliban rule

Despite the Taliban takeover of Afghanistan in 2021, India has continued to supply humanitarian relief to the country. Mint explains why.

17.08 / 18:11

ETH Extreme SAP Continental Simulation country Explainer Explainer-How climate change drives heatwaves and wildfires in Europe

By Kate Abnett

17.08 / 13:13

COST UPS Provident Target Platform Highways country Explainer Mint Explainer: How to scrap your old vehicle

Mint delves into the policy's details. The policy aims to phase out polluting passenger and commercial vehicles to combat urban pollution, promote safety, and boost vehicle sales. Under it, commercial vehicles older than 15 years and passenger vehicles older than 20 years will be scrapped if they fail the fitness test.

17.08 / 12:23

UPS Lowe's DAL country Explainer Mint Explainer: What is the government doing about rising inflation?

New Delhi: Retail inflation shot past estimates to hit a 15-month high of 7.44% during July. Mint explains the government's efforts to curb soaring inflation? Over the past few weeks, the Centre has introduced a slew of measures to shore up domestic grain supplies, especially wheat, in order to cool local prices. As things stand, wheat export has also been banned to address domestic demand.

17.08 / 12:23

COST UPS Lowe's Digital Platform Explainer Mint Explainer: Why is refurbished phone demand up while new smartphones dip?

Mint reported that the sale of refurbished smartphones in India is projected to grow to mid- to high-single digits through this calendar year, even as the average price of a second-hand smartphone rose by over 50% this year. This growth comes against a backdrop of declining shipments and consumer demand for new phones. On 3 August, market tracker IDC India said that new smartphone shipments dropped for a fourth straight quarter, and by 10% year-on-year (YoY) in the first half of CY23.

17.08 / 10:11

UPS Celebrity Explainer Mint Explainer: American Congressional delegation talks up US-India ties

An American Congressional delegation that included prominent Indian-American Congressman Ro Khanna visited India for the country’s 77th Independence Day celebrations. Mint takes a closer look at the visit.

17.08 / 08:15

Provident Lowe's Moodys country folk Explainer Explainer - Country Garden: How bad is China's property crisis?

By Clare Jim

16.08 / 14:17

BLOCK Aware country Explainer Mint Explainer: What is the battle over BRICS common currency?

international trade and finance. – Some experts have speculated that a BRICS currency may grow to challenge the dollar’s eminence in the global economy.

16.08 / 12:55

Citi Provident Platform country social electronic Explainer Mint Explainer: Has MCA21, the revamped corporate reporting platform, taken off?

New Delhi: The MCA21 portal, on which about 1.5 million active companies file their statutory documents, has been rebuilt from scratch and is now making the transition to a high-security filing regime. After professionals like accountants complained about difficulties in filing documents, the ministry of corporate affairs held extensive public consultation across multiple cities in June and is closely monitoring the functioning of the portal revamped by a private service provider. So, has the new corporate reporting regime taken off? Mint takes a look.

16.08 / 08:27

UPS Cooper Explainer Mint Explainer: Why are chana prices rising despite surplus production?

₹5,300-5,400 to ₹5,925-6,200 a quintal in 20 days in Delhi wholesale markets as demand picks up pace ahead of Ganesh Chaturthi. Chana stocks with National Agricultural Cooperative Marketing Federation of India (NAFED) and state agencies are in reasonably better shape than those of other pulses such as tur (pigeon pea) and urad (black gram). Mint explains why prices of chana are rising despite surplus production.

16.08 / 07:33

Manufacturing Mobile country electronic Explainer Mint Explainer: Why is India using import curbs as a policy tool?

foreign trade policy advocates the concept of trusted value chain in electronics, which will help address concerns related to bugs and data theft from equipment used in India. According to the commerce ministry, India imported computer hardware and peripherals worth ₹7,255 crore, and electronic components worth ₹8,200 crore from China last fiscal. The government is keen on achieving self-reliance in manufacturing and also tapping greater export opportunities.

15.08 / 14:55

COST Strategy country Explainer Indian Mint Explainer: Why do non-tariff barriers hinder Indian exports?

Economic Advisory Council to the Prime Minister (EAC-PM), are regulations and restrictions that ensure quality of products and protect human, plant and animal health. These measures are largely used for agriculture or animal-origin products that are directly used for human consumption. The EAC-PM report further clarifies that there exists a thin line between non-tariff measures and non-tariff barriers and that all non-tariff measures cannot act as non-tariff barriers.

15.08 / 12:19

UPS Lowe's Target band stage Explainer Mint Explainer: Why is retail inflation at a 15-month high?

Mint explains why. The CPI inflation soared to a much sharper-than-expected 15-month high of 7.44% in July 2023 from 4.9% in June 2023, due to vegetables, as well as some other food items such as pulses, spices and cereals. Excluding vegetables, the increase in the CPI inflation print was relatively tolerable, to 5.4% in July 2023 from 5.2% in the previous month.

what you should know about Explainer

What is Explainer and why is it relevant?

Explainer is a significant category that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Explainer?

All new posts about Explainer can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on Explainer?

We rely on trusted sources to ensure that the information about Explainer is accurate and informative for our readers.