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27.03 / 12:37
27.03 / 12:31
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International
China's Xi meets U.S. executives as businesses navigate bilateral tensions
BEIJING — U.S. business leaders met with Chinese President Xi Jinping on Wednesday, the latest of Beijing's efforts to bolster foreign investment in China amid tensions with the U.S.
27.03 / 12:09
markets
NIC
Platform
ICE
Food
Experts
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The ice cream business is becoming less seasonal and more lucrative
MUMBAI : Bengaluru: India's ice cream sector may attract more investments in the coming years as rising demand and easier access through quick commerce platforms have made dessert consumption less seasonal, experts and investors told Mint. Some recent deals in the space include Jungle Ventures's $20 million investment in Walko Food, which houses ice cream brands such as NIC and Grameen Kulfi, and Kedaara Capital's $150 million infusion into Dairy Classic Ice Creams Pvt Ltd (Dairy Day).
27.03 / 12:09
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India to offer price forecasting mechanism to neighbouring countries
Mint on 29 October reported that the government was planning to create an AI-based real-time supply and demand prediction model for agricultural commodities that will factor in externalities like weather and trade-related measures. The move came after a patchy monsoon disrupted kharif crops, impacting the sowing and vegetative seasons, amid a forecast by economists for farm output growth in 2023-24 to be slower. The tool makes use of previous data, which makes it “so effective that if we want to see the price pattern of mustard oil in Hooghly for the last 10 years, it can be done in just three clicks", Singh said.
27.03 / 12:02
Fox
Trade
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Traffic
Baltimore bridge collapse shutters port indefinitely, impacting supply chain
Supply chain expert Bindiya Vakil discusses how the Francis Scott Key Bridge collapse could impact shipping and trade on The Bottom Line.
27.03 / 12:02
27.03 / 11:17
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Americans dipping into retirement savings as inflation lingers
As the Federal Reserve struggles to completely snuff out inflation, a new study from Allianz Life sheds fresh light on how higher costs are forcing shifts in American households’ financial behaviors and attitudes.
27.03 / 09:57
UPS
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abrdn Asian Income fund discount widens despite positive performance
In its financial results for the year published today (27 March), the trust reported a net asset value total return of 2.5% — up from -3.6% in 2022 — outperforming the MSCI AC Asia Pacific ex Japan index, which returned 1.6% over the period. abrdn Property Income board backs CREI merger over 'uncertain' wind-down The trust attributed the positive performance to its «structural» underweight exposure to China. However, AAIF's discount went from 11.7% at the beginning of the year to 12.8% as of the end of 2023. It widened further in the first quarter of 2024, as the trust is curren...
27.03 / 09:33
27.03 / 09:27
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Arvind Kejriwal arrest live updates: Delhi HC to deliver order on AAP supremo's plea against ED arrest today
The Delhi HC will hear Delhi CM Arvind Kejriwal’s plea challenging his Enforcement Directorate arrest today. Since Delhi Chief Minister Arvind Kejriwal has been arrested, AAP leaders have been staging protests in the national capital accusing ED’s action to be politically motivated. In a press statement, Arvind Kejriwal’s wife, Sunita Kejriwal raised questions about the whereabouts of the money from the “so-called" liquor policy scam.Aam Aadmi Party National Convener Arvind Kejriwal was arrested by the ED on March 21, in connection with the now-scrapped Delhi Liquor Policy case.
27.03 / 08:59
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Tomorrow's IPL Match: RR vs DC; who’ll win Rajasthan vs Delhi match? Fantasy team, pitch report and more
Tomorrow's IPL Match: Rajasthan Royals (RR) and Delhi Capitals (DC) will clash on March 28 at the Sawai Mansingh Stadium in Jaipur. This will be each team's second match in IPL 2024. Rajasthan are coming from a win against Lucknow Super Giants (LSG) on March 24.
27.03 / 08:59
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Arvind Kejriwal ED Arrest Case: MEA strongly objects to US's remarks, says ‘states expected to be respectful of…’
Reuters as saying. “We encourage a fair, transparent, and timely legal process for Chief Minister Kejriwal," Reuters had reported quoting a US spokesperson.
27.03 / 08:49
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Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
Crypto miner Bitdeer is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
27.03 / 07:59
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Multibagger Adani Power’s shares jump over 4%; here's why
Adani Power jumped 4.2% on Wednesday to hit the day's high of Rs 544.25 on the NSE after the Indian competition watchdog cleared Adani Power's proposed acquisition of Lanco Amarkantak Power. Adani Power proposes to acquire 100% share capital and control of Lanco Amarkantak Power, pursuant to the corporate insolvency resolution process (CIRP) initiated under the Insolvency and Bankruptcy Code, 2016 (IBC), according to a release. Insolvent Lanco Amarkantak Power is engaged in the business of thermal power generation.
27.03 / 07:59
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Neutral on Shree Cements, target price at Rs 27,700: Motilal Oswal Financial Services
Shree Cements with a target price of Rs 27700. The current market price of Shree Cements is Rs 26052.8. Shree Cements, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 93600.68 crore) operating in Cement sector.
27.03 / 07:59
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BJP's Dilip Ghosh apologises for comments on Mamata Banerjee
BJP leader Dilip Ghosh on Wednesday apologised for his remarks on West Bengal Chief Minister Mamata Banerjee that triggered a massive controversy. The apology came hours after the BJP sought an explanation from Ghosh, who was heard mocking the family background of Banerjee in a purported video clip. Maintaining that his party and other people have reservations about his choice of words, Ghosh said, «If it is so, I am sorry for that.» The TMC filed a complaint with the Election Commission against him over his comments, alleging that it violated the model code of conduct (MCC).
27.03 / 07:59
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Share price of Page Industries falls as Nifty strengthens
Page Industries Ltd. slipped 0.33 per cent to Rs 34464.0 in Wednesday's trade as of 01:08PM (IST). The stock hit a high price of Rs 34733.0 and low of Rs 34344.05 during the session. The return on equity (ROE) for the stock stood at 41.66 per cent. Traded volume on the counter stood at 01:08PM shares and turnover at Rs 0.57 crore around that time. The stock of Page Industries Ltd. quoted a 52-week high price of Rs 43599.0 and 52-week low prices of Rs 33100.0, respectively.
27.03 / 07:05
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CIBIL: Settled your loan? Here's how it will impact your credit score
credit score. Missed payments: A settlement typically happens after you've missed some loan payments, and these missed payments will be reported on your credit report, which can bring down your credit score. Unpaid debt: The settlement itself indicates that you didn't repay the loan according to the original agreement.
27.03 / 07:05
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Can you improve your CIBIL score in a month? MintGenie answers
CIBIL score in just one month. It can be quite challenging as it usually takes time and financial behaviour to positively impact your credit score. However, there are a number of steps one can take to improve the credit score quicker.
27.03 / 07:05
FIVE
reports
Jackpot result: Someone in New Jersey has just won ₹9,166 crore in Mega Millions
₹9,166-crore) Mega Millions jackpot, as per The Spectator Index. This is one of the biggest wins in the history of the lottery contest. The winning candidate, as reported by USA Today, had the option to take home $537.5 million ( ₹4,478 crore) in cash.
27.03 / 07:05
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‘BJP crossed limits of dictatorship,’ says Saurabh Bharadwaj as AAP stage protest outside Delhi assembly
Arvind Kejriwal, AAP Minister Saurabh Bharadwaj said that everyone present was wearing a t-shirt emblazoned with ‘Mai Bhi Kejriwal’ and noted that they “stand against the dictatorship of the BJP." As reported by ANI, the AAP minister said, “Everyone here is in a t-shirt that says 'Mai Bhi Kejriwal'. We oppose the dictatorship of the BJP. They are raiding our people during the elections time.
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