Mint Primer
In this podcast adaptation of the renowned Mint Primer, host Rohan delivers concise, digestible Q&A sessions on headline stories. Every morning, gain valuable insights into major, intricate narratives for a comprehensive understanding. Dive deeper into Primer's breaking news, opinions, special reports, and more. This is a Mint production, brought to you by HT Smartcast.
Fri, August 02, 2024
Landslides: Why they are more frequent & lethal
The landslide in Wayanad in Kerala that has killed over 200 people is one of the biggest natural disasters to have struck the country in recent times. Mint looks at the spate of landslides in recent times, why they are on the rise and how, if at all, they can be mitigated.
Wed, July 31, 2024
Mining minerals: Could cement & steel get dearer?
In a landmark judgment last week, the Supreme Court upheld states’ right to tax land-bearing minerals. This decision will impact industry but bolster states’ ability to raise resources. Mint looks at the judgment, its significance and how it will affect consumers
Tue, July 30, 2024
The search for an engine: Should Google worry ?
Google became one of the world’s largest companies by building the world’s most popular internet search engine. But the advent of AI has spawned an army of rivals ready to upstage its monopoly. Now, with OpenAI showcasing SearchGPT, should Google be scared?
Mon, July 29, 2024
Can new govts in India, UK give FTA talks a push?
This summer saw the inauguration of new governments in New Delhi and London. With the business of national polls completed, the two countries are expected to resume talks on a Free Trade Agreement (FTA). lets looks at the prospects for a speedy conclusion to the talks.
Tue, July 23, 2024
Hints on budget proposals from the eco survey
The economic survey, the government’s most comprehensive annual analysis of the economy, is critical to shaping policy. Looking through the survey’s prism, Mint pieces together what the Union budget 2024-25 may have in store from a focus on jobs to pushing green growth.
Fri, July 19, 2024
Byju’s bankrupt: Is the edtech crisis deepening?
Once-feted, edtech firm Byju’s is now facing legal showdowns. Earlier this week, the company was admitted to insolvency by the National Company Law Tribunal (NCLT). What does this mean for the edtech sector, employees and investors?
Thu, July 18, 2024
Karnataka: One step too far with local-only quota
The Karnataka government has pressed the brakes on a bill aimed at quotas for “locals” in the private sector. The pause comes when the state is facing labour shortages. Besides, the bill would have deterred firms, delayed projects and impacted investments.
Wed, July 17, 2024
Hidden in plain sight: New food inflation data
Food prices rose sharply in June after a searing heat wave. The hope now rests on ample monsoon rains to soften the blow. But excess rains can play a spoilsport. Weather shocks become the new normal, and predicting food prices is a fool’s errand.
Mon, July 15, 2024
Trump’s murder attempt: What it means for us
Donald Trump, the former US President and presumptive Republican candidate for the November 2024 presidential polls, was injured in an assassination attempt over the weekend. What are the implications for US politics and the world?
Thu, July 11, 2024
To Russia With Love: Takeaways from Modi’s visit
Prime Minister Narendra Modi closed a two-day visit to Russia on 9 July. Mint looks at the key outcomes from the visit that came amid the Ukraine war and a growing divide between Western countries on the one hand, and China and Russia on the other.
Wed, July 10, 2024
How the budget can accelerate EV sales in India
The EV industry in India is in need of a push, with growth beginning to taper. At least part of it is due to a cut in subsidies earlier this year. As a result, hopes are now pinned on the third instalment of FAME scheme expected to be announced in the budget on 23 July.
Mon, July 08, 2024
NEET-UG: How to avoid trouble, going ahead
On 8 July, a Supreme Court bench will hear petitions challenging alleged irregularities in the National Eligibility-cum-Entrance Test (NEET-UG). With the future of 2.4 million medical students at stake, lets takes a look at how things could be improved.
Fri, July 05, 2024
SCO Summit: What’s in it for New Delhi?
Prime Minister Narendra Modi has skipped the 2024 Shanghai Cooperation Organisation Summit meet in Astana, the capital of Kazakhstan. Is India’s interest in this grouping fading? Mint examines this question and more.
Thu, July 04, 2024
Home sales: Why small towns are boomtowns now
Property markets in tier-II cities, where sales and price growth have long been subdued, saw a turnaround in both home sales and prices last year. While the sales volume is much lower than in tier-I markets, the pace of growth is faster. What’s the future of small-town homes?
Wed, July 03, 2024
Will you get your internet directly from satellites?
The idea of getting internet connectivity beamed from satellites is gaining popularity. But, as the technology matures, satellite communications (satcom)-based internet service has moved away from being a user-centric technology. Is it viable for users in India?
Tue, July 02, 2024
AI can make you immortal. What’s the problem?
AI now allows us to build and communicate with digital avatars of the dead. These so-called ‘deadbots’, ‘ghostbots’, ‘postmortem avatars’ or ‘griefbots’ may provide comfort to some (including those doing legacy planning), but they raise difficult ethical questions
Mon, July 01, 2024
Phone tariff hikes: Is this the end of cheap data era?
Last week, India’s leading telecom companies Reliance Jio, Bharti Airtel and Vodafone Idea raised tariffs across voice and data plans. This is the third hike since 2019 and was not entirely unexpected.
Thu, June 27, 2024
Why India needs a new method to count its poor
While India may be lifting a lot of people out of poverty, the way it goes about counting those living below the poverty line is imprecise. After calls for an overhaul last week, Mint looks at issues surrounding poverty measurement and the need for having a more modern model.
Tue, June 25, 2024
How China beat the US to No.1 in trade with India
In FY24, China overtook the US to become India’s largest trading partner after a gap of two years. Tune in to know how trade between the two Asian giants has evolved and why it is proving to be so difficult for India to decouple itself from its neighbour.
Mon, June 24, 2024
Will XR glasses, Neuralinks kill smartphones?
India accounts for 10% of the 7 billion people using smartphones globally. These, however, may be gradually replaced by extended reality (XR) glasses, gesture-based screens and even brain-computer interface (BCI) devices like Neuralinks in the next 10-15 years.
Wed, June 19, 2024
Is India Inc’s call for more public capex justified?
Confederation of Indian Industry (CII) president Sanjiv Puri wants a substantial hike in the already-high government capital expenditure. However, experts suggest it’s time India Inc did some heavy lifting and invested to support economic growth.
Tue, June 18, 2024
Terror in J&K: What explains the sharp uptick?
Centrally administered Jammu and Kashmir (J&K) has seen a sharp rise in terrorist attacks with four incidents last week. The strikes have prompted New Delhi to take a second look at its security strategy. Mint looks at the possible reasons for the spike in terrorist activity
Mon, June 17, 2024
Unreal faces and AI brains: An uncanny valley?
An Indian avatar is in the world’s first AI beauty pageant shortlist, where two of the four judges are also AI-powered. Mint explores the pros and cons of AI’s growing influence, from AI CEOs and assistants to realistic AI deepfakes and voice clones.
Thu, June 13, 2024
Why Naidu faces a daunting task in Andhra Pradesh
N. Chandrababu Naidu’s fourth term as chief minister of Andhra Pradesh could be his most difficult yet as he inherits a financially broke and industrially ignored state. Mint delves into the challenges the Telugu Desam Party (TDP) leader faces this time around
Wed, June 12, 2024
Why developers are shopping for offline retail
We all love shopping online. The fallout? Many malls, beyond the top graded ones, have closed. However, developers continue to be bullish on retail spaces, numbers released this month by JLL India, a property advisory, show.
Tue, June 11, 2024
Intelligent bet: Can Nvidia keep up its swift rise?
Last week, Nvidia briefly overtook Apple to become the second most valuable company in the world at $3.01 trillion. Even as Nvidia shareholders and its chief executive rejoiced, analysts and watchers of the company claimed the future may not be so easy.
Fri, June 07, 2024
Alliance dharma: What reforms will work, what won’t
After two terms of absolute majority, the Indian electorate has given a fractured mandate to the Narendra Modi-led BJP. The era of coalition politics is back with a bang. Does that also mean an end to the promise of big-ticket reforms?
Thu, June 06, 2024
Why the market doesn’t like the election results
The BJP-led NDA scored a victory in the Lok Sabha polls, but the saffron party was unable to secure a simple majority on its own. The age of coalition politics is back and this queers the pitch for the market in the short term. Mint explains why.
Wed, June 05, 2024
The verdict in three minutes
The 2024 elections have thrown up a major surprise. The Bharatiya Janata Party (BJP) was supposed to have swept the polls. Instead, it has fallen short of a majority. It now needs to form a government with its partners in the National Democratic Alliance (NDA). In short, the era of coalition politics is back in India. Here are some of the main takeaways
Mon, June 03, 2024
Will decoding AI ‘black boxes’ make them safe?
Artificial intelligence (AI) and generative AI (GenAI) are advancing at an incredible pace, but we are unable to understand how they make decisions, so they are called ‘black boxes’. Researchers say they are now able to peek under the AI hood. Will this make AI models safer?
Tue, May 28, 2024
Why building of highways in India is slowing down
India has built highways at a frenetic clip over the past decade. Now there are signs that the pace may have peaked in 2023-24 and it may even fall in the current fiscal year. Mint explores the reasons for this and whether this is a temporary blip or long-term in nature.
Mon, May 27, 2024
Why multiple chatbots are better than one
Tune in to the latest episode to know that now users are getting comfortable with AI models and chatbots, the next step is to improve user experience. But how? The answer lies in using many specialist bots, rather than getting one to do all the jobs from banking to customer care to teaching.
Fri, May 24, 2024
Power crisis: Are we in for another sizzling summer?
A sizzling heat wave is stretching India’s power infrastructure. In fact, the power deficit in June is projected to be the highest in 14 years. Mint looks at the factors causing it, steps the government has taken, and whether a crisis can be avoided this time around.
Mon, May 20, 2024
Beam me up, Scotty... into the boardroom
Google’s long-term experiment to create a science fiction-like 3D, holographic ultra-realistic display is now a real product. After many failures, is Silicon Valley’s quest to build screens that look like teleportation portals finally nearing promise?
Fri, May 17, 2024
Above the law: Who will protect the consumers?
The Supreme Court has exempted lawyers from the purview of the Consumer Protection Act. This sets the stage for doctors to get a similar exemption. Mint looks at what this ruling means for consumers and what redressal options we now have for poor service.
Fri, May 10, 2024
Indian spices: the bitter taste of global scrutiny
Regulatory action in Singapore and Hong Kong on two of India’s biggest spice brands—MDH and Everest—for alleged chemical contamination has turned the heat on spice exports. Mint looks at the issue and analyses what it could mean for the $4-billion export sector.
Wed, May 08, 2024
Infra financing guidelines: Why are banks upset?
New RBI draft guidelines on project loans are aimed at bringing credit discipline and ensuring only serious players participate. But since their release last week, shares of PSU banks and infra NBFCs have tanked. And bankers are upset.
Wed, May 01, 2024
IPOs by flexible workspace firms: Sharing to grow
Flexible workspace provider Awfis Space Solutions recently got the market regulator’s nod for a public listing. More operators, which offer modern office solutions, are likely to follow. What does this mean for the commercial office sector?
Fri, April 26, 2024
How safe is the food on your child’s plate?
Prominent brands are under the scanner for selling sugary infant food, chicken fed with antibiotics, and spices peppered with cancer-causing chemicals. Naturally, experts are concerned about lax regulations.
Thu, April 25, 2024
Honey I shrunk AI: the latest in tech takeover
This month, Meta unveiled its new AI model, Llama-3, and Microsoft introduced Phi-3. The base version of each is tiny in comparison to large language models (LLMs). Turns out, shrinking AI models is what Big Tech is doing to reach every user in the world.
Wed, April 10, 2024
Will domestic petrol prices go up pre-polls?
Fresh geopolitical uncertainty has pushed global crude prices above $90 per barrel. How does it impact India’s oil marketing companies? Will they be forced to increase prices in the election season?
Tue, April 09, 2024
Can breaking up Big Tech really help businesses?
Microsoft is unbundling its video conferencing platform Teams from the Office suite after a European probe into anti-competitive practices. Bundling of apps is under regulatory scrutiny everywhere. But breaking up Big Tech might not be the magic bullet.
Mon, April 01, 2024
Will OpenAI pull out GPT-5 from its hat next?
Maintaining that GPT-4 “kind of sucks”, OpenAI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may release GPT-5 sometime between June and August this year. Why is this a big deal?
Fri, March 29, 2024
Why RBI is wary of co-branded credit cards
The Reserve Bank of India (RBI) is tightening its scrutiny of the credit card industry. Recently, it asked Federal Bank and South Indian Bank to stop issuing new co-branded credit cards.
Thu, March 28, 2024
Do we need to fact-check the fact-checker?
The Centre has notified a fact-checking unit to flag ‘misinformation’ about the government, with powers to issue directives. The Supreme Court has stayed the notification to verify the unit’s constitutionality.
Wed, March 20, 2024
Tesla at ₹40 lakh: Will EVs now come roaring in?
In a surprise move, the government brought in a new EV policy on Friday slashing import duties on electric cars to 15% just before the Model Code of Conduct came into force.
Fri, March 15, 2024
Big tech trouble: Bill that may end monopoly moves
The Draft Digital Competition Bill looks to check Big Tech from creating market monopolies. But lawyers and policymakers fear it may scare away global investors, and stifle innovation by breaking up apps that work with each other. Here’s how the bill may work.
Thu, March 07, 2024
China’s growth target: Should we be worried?
By Chinese standards, the 5% economic growth projected for 2024 seems rather modest. But such is the state of its economy that most analysts do not expect it to meet even this target. Mint looks at China’s economic woes and what it portends for the global economy.
Mon, March 04, 2024
What a scorcher: Can this pace of growth continue?
The Indian economy grew at a surprising 8.4% in the third quarter of FY24. Will this pace of economic expansion continue in the fourth quarter? What is the outlook for 2024-25? Mint looks deeper into the third quarter performance and the prospects for the next few quarters.
Thu, February 29, 2024
Mayday: the take-off woes of ailing airlines
SpiceJet boss Ajay Singh and Busy Bee Aviation have submitted a rescue plan for bankrupt airline Go First. Previously, efforts to revive Jet Airways have met with limited success. Mint explains the flight path of recovery and the challenges associated with it.
Fri, February 23, 2024
India and the Red Sea sharks: crisis without an end?
Houthi attacks on commercial ships in the Red Sea, in reprisal for Israeli bombing of Gaza, continue unabated and the disruption they are causing is beginning to pinch. As the crisis enters its fourth month,
Thu, February 22, 2024
Is the market’s PSU narrative overstretched?
Stocks of public sector undertakings (PSU) have had a sterling rally this year. The 56-stock BSE PSU Index’s doubling outshines the Sensex’ modest 24% return this fiscal amid a valuation re-rating backed by earnings. But this rally isn’t a mere bubble.
Wed, February 21, 2024
Will new SEZ rules help fill up vacant offices?
The Centre’s move to allow partial denotification of special economic zones (SEZs) into non-SEZs in IT and IT-enabled services parks has prompted developers and real estate investment trusts (REITs) to de-notify SEZ spaces. Will this impact vacancy levels?
Tue, February 20, 2024
Why commercial card spending has been paused
The Reserve Bank of India has asked a card network to pause payments under a system that allowed companies to make card payments to certain other businesses. RBI did not name the network but Visa says it’s got a missive. Mint explains the reasons
Mon, February 19, 2024
Why aren’t bike-taxis in India bigger already?
Bike-taxis could be an answer to our urban mobility woes but often face regulatory hurdles. While the Centre has recently clarified their legality, state-level concerns about licensing and regulation persist. What needs to be done to make them more viable?
Thu, February 15, 2024
10, 9, 8, 7... Small rocket mission’s going slow. Why?
The Small Satellite Launch Vehicle (SSLV), first proposed in 2016, was meant to be India’s challenge to the dominance of the US in space launch services. But in the past two years, it has only seen two demonstrator launches. Mint finds out why things are going slow.
Wed, February 14, 2024
Tax mop-up: the back story and the year ahead
Net direct tax collection has surged 20%, led by a sharp increase in personal income tax payments. This has helped the government reduce borrowings and speed up fiscal consolidation. Mint looks at what catalysed the mop-up, its benefits and the outlook for next year
Tue, February 13, 2024
From Europe to India, why are farmers angry?
Farmers have laid siege to European cities with tractors protesting subsidy cuts, cheap imports, high energy prices and imposition of green policies. In India, farmers are preparing for another showdown. What’s going on? Is there a common thread?
Mon, February 12, 2024
Are you middle class? A scheme may tell you soon
Finance minister Nirmala Sitharaman has announced a housing scheme for the middle class as part of a ‘housing for all’ policy. This has sparked off a hunt for counting the middle class.
Fri, February 09, 2024
High rise: Why rents will spiral again this year
Rents went through the roof in 2023—the rise was the highest in a decade—as demand outstripped housing supply in many cities. Will the trend change this year? If so, to what extent?
Thu, February 08, 2024
Why passenger car sales may sputter in FY25
Top officials of the $120 billion domestic automotive industry met in New Delhi last week to brainstorm over what could be in store next year. They expect a slowdown in the growth of passenger vehicles.
Wed, February 07, 2024
No more targets: A new strategy for divestment
For the fifth year in a row, the government is set to miss its divestment target. It has now adopted a new strategy and has decided against fixing a divestment target. Why did the targeted approach fail and why do we need divestments?
Tue, February 06, 2024
India’s deep tech corpus: Is ₹1 tn really enough?
The interim union budget for FY25 announced the setting-up of a ₹1 trillion-corpus to fund deep-tech ventures. This gives India’s nascent deep-tech sectors a shot in the arm. However, there will be challenges. Mint explains why the corpus is significant.
Mon, February 05, 2024
Telepathy: Would you put a chip in your brain?
Elon Musk-owned Neuralink has implanted a brain chip in a patient who is “recovering well”. Neuralink’s brain-computer interface (BCI) can help patients use their limbs through thought. But some are wary about the lack of details provided by Musk.
Thu, February 01, 2024
Five numbers to help you unlock the Union budget
Finance minister Nirmala Sitharaman presents her sixth annual budget, albeit an interim one, today, likely furnishing a report card on the government’s performance in the past five years. Here are five key numbers to watch out for and cut through the economic jargon:
Wed, January 31, 2024
A $7 tn economy by 2030: How feasible is it?
In its review of the Indian economy released on Monday, the finance ministry said India can become a $7 trillion economy by 2030. That means it will almost double its GDP in the next six years. Is it possible? Mint weighs the possibilities.
Tue, January 30, 2024
Can AI ring in a change for smartphones?
On 17 January, Samsung launched its new flagship smartphone under the Galaxy S24 moniker, claiming it was “the world’s first AI smartphone”. Will such phones help revive a smartphone market that isn’t growing?
Thu, January 25, 2024
Is the coaching system failing India’s students?
Government guidelines on regulating the coaching industry will impact thousands of tutoring centres that have mushroomed across the country. What’s wrong with the system and why were these guidelines needed in the first place
Tue, January 23, 2024
Self-regulation for fintechs: Why is it needed?
The Reserve Bank of India (RBI) has published a draft framework that lays down the broad functions, governance standards and eligibility criteria for setting up a self-regulatory organization (SRO) for fintech companies. Why is such a body needed
Mon, January 22, 2024
Iran-Pakistan: Is the West Asia crisis widening?
After days of being locked in a dangerous-looking military confrontation, Pakistan and Iran appear to have settled the immediate crisis. Iran launched the first missile strike, hitting a terror base in Pakistan’s Baluchistan. Just what’s going on here?
Thu, January 18, 2024
250 million out of poverty: How to read this headline
In a new paper, the Niti Aayog said around 248 million Indians exited ‘multidimensional poverty’ (MDP) in the nine years from 2013-14 to 2022-23. Prime Minister Narendra Modi has used the data to suggest a reduction in poverty during his tenure.
Tue, January 16, 2024
Superbugs: What to do about pills that don’t work
Indians love to self-medicate and pop their pills like candies. A recent government report sheds light on why prevention may not always be better than cure, and how we are staring at a crisis where antibiotics might just stop working
Mon, January 15, 2024
What to expect from the grand Davos meet
Leaders from across the world will congregate in the picturesque Swiss town for the 54th annual meeting of the World Economic Forum (WEF) against a backdrop of rising geopolitical tensions, high inflation and tepid global growth.
Fri, January 12, 2024
Pulse of a nation: Is self-sufficiency in dal possible?
Last week, the government launched a new portal to buy pulses directly from farmers at support prices, targeting to be self-sufficient by 2027. To achieve that goal farmers will also need high-yielding varieties and a favourable trade policy.
Thu, January 11, 2024
Does Google care about your data and privacy?
Google has started testing of its Privacy Sandbox initiative for Chrome. By ending cookies, Google wants people to believe that it’ll boost user privacy. Mint analyses what the move means for advertisers, users, and Google’s $250 billion ad-revenue empire.
Wed, January 10, 2024
India Club: what it means for our shipping firms
India plans to set up its own protection and indemnity (P&l) entity— the India Club—for providing insurance to ships operating in Indian coasts and waterways. Currently, the shipping industry relies on global firms for insurance. Mint explains the significance
Mon, January 08, 2024
What the surprise manufacturing slowdown means
The HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, surprisingly fell to an 18-month low in December. This came at a time when the economic growth has crossed expectations. Mint reviews its possible effect on the economy.
Fri, January 05, 2024
Will office real estate bounce back this year?
The second half of 2023 saw an uptick in office demand and leasing, propelled by global capability centres (GCCs), flex operators, and domestic corporates. Is this the beginning of a sustained recovery curve for the commercial office sector?
Thu, January 04, 2024
Hit-and-runs: truckers and the Indian economy
Truckers are protesting against proposed stringent punishment for hit-and-run accidents. It has led to fuel shortages in many cities and put the spotlight on the importance of this sector. Mint looks at the economics of truckers and their impact on the economy.
Wed, January 03, 2024
Will no-poach agreements hold in India?
Recent weeks have seen the Indian IT services industry raking up no-poach clauses when it came to senior employee exits. Legal claims have been made. What explains this sort of reaction? Are these clauses even legally enforceable?
Tue, January 02, 2024
What to expect from the 16th finance panel
The government on Sunday named former vice chairman of Niti Aayog and Columbia University professor Arvind Panagariya as the chairman of the Sixteenth Finance Commission (SFC), a constitutional body. Mint takes a look at what to expect from the SFC.
Fri, December 29, 2023
Will retail trade policy boost ease of doing business
Retail is a major contributor to GDP and employment, and India is expected to be the third largest consumer market by 2030, after China and the US. Yet, the trade is undermined by difficulty of doing business. The Centre’s retail policy could change things
Thu, December 28, 2023
Are real-life Dunki stories on the rise?
A charter plane with 276 Indian passengers, grounded in France for four days due to suspected human smuggling, returned to Mumbai on Tuesday. The incident underlines the risks of illegal migration, also highlighted in the film Dunki.
Fri, December 22, 2023
The fall and fall of the country’s logistics costs
A new and more scientific way of calculation has put India’s logistics cost much lower than before. How sharp is this drop? Mint explains the reduction, where India stands globally when it comes to the cost of logistics, and what more needs to be done
Thu, December 21, 2023
Covid is spiking again. Just how serious is it now?
A new strain of covid-19 has emerged, raising concerns. The first recorded instance of this virus, known as JN.1, was found in Kerala on 8 December in a 78-year-old woman. More cases have been detected since. How serious is the strain?
Wed, December 20, 2023
Two-wheelers are picking up, but will it last?
Two-wheeler sales are speeding again. At least that’s what production data and retail sales in the festive months of September, October and November show. Does it mean the segment, hurt by income disruptions during covid, is back on its feet?
Thu, December 14, 2023
Why India needs a new policy for hydropower
A hydropower policy is in the works. This comes at a time when India has set ambitious energy transition goals with plans for 500 GW of installed non-fossil power capacity by 2030. Hydro projects are also strategically important. Mint explains the policy imperatives.
Wed, December 13, 2023
Can’t afford a new home? Next year could get better
Affordability to buy homes dipped in 2022 and 2023 after interest rates went up and property prices shot up in some cities. However, market watchers believe that affordability may improve next year. Why is this so?
Mon, December 11, 2023
Dark pattern whip: Will it alter online shopping?
The Central Consumer Protection Authority (CCPA) has notified guidelines on dark patterns to stop online firms from force-selling, pushing unsolicited subscriptions and showing misleading ads. Mint explains how these guidelines may change online shopping.
Fri, December 08, 2023
IIT placements: What they say on campus hiring
Placements at the Indian Institutes of Technology (IITs) are a barometer for how the hiring market shapes up in any given year. The battlegrounds of IITs t,his year are calm, indicating weak appetite among companies across sectors. Listen full episode here
Thu, December 07, 2023
Stormy Monday: Why our cities are flood-prone
Cyclone Michaung has brought India’s fourth largest city, Chennai, to its knees. Its recent efforts to prepare for such extreme weather events have been found to be wanting. Mint explains why the city, which prides itself as an ideal investment destination, needs to do a lot more.
Wed, December 06, 2023
Decoding the fall and rise of India’s forex reserves
On 14 July, India’s foreign exchange (forex) reserves stood at $609 billion. On 20 October, it hit a recent low of $583.5 billion before rising again slightly to $597.9 billion on 24 November. What explains this yo-yo-like behavior? Mint examines the ups and downs of the rupee:
Tue, December 05, 2023
Poll rout: Is this the end of Cong’s welfare politics?
While the result of the state assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh has surprised many, it will calm the markets. Fears of fiscal profligacy or a rickety coalition government at the Centre in 2024 have eased.
Fri, December 01, 2023
Off-budget borrowing: is it behind us now?
Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried (they widen the fiscal deficit), the Centre cracked down on the habit in March 2022 and they have decreased. Mint looks at off-budget borrowings and their implications.
Wed, November 29, 2023
Racing pulses: why aren’t dal prices dropping?
After vegetables and cereals, it’s the turn of pulses now. Prices of commonly used dals are soaring. But unlike other food crops, taming pulse prices is harder, as India is both the largest producer and consumer. Mint explains the background.
Mon, November 27, 2023
GPS spoofing: how flights are being led astray
A Dubai-bound business jet from Europe flew into Iranian airspace with no clearance in September—due to a false signal on the aircraft navigation system. After about 20 planes faced similar issues, the Indian aviation regulator issued an advisory last week Listen to the full episode here...
Fri, November 24, 2023
Goodbye SIM, hello e-SIM: Time to make a switch?
E-SIMs or embedded SIMs will soon replace those fiddly physical SIMs in smartphones and other devices. Airtel’s top boss Gopal Vittal has urged subscribers to move to e-SIMs. But what exactly are they, how do they work, and what does it mean for us?
Thu, November 23, 2023
When the tail wags the dog: futures & options
Retail investors have been at it. Futures and options (F&O) average daily turnover (ADT) has surged 34.5 times from FY19-24, while cash volumes only doubled, prompting deep concern from the Sebi chairperson. Brokers now expect more curbs to rein in the frenzy:
Wed, November 22, 2023
Right to repair: can biz mend its wasteful ways?
The government wants to replace the ‘use-and-throw’ design philosophy of products with a ‘right to repair’ framework. Benefits are many. Mint explains the concept, its need and how this move may disrupt the way businesses operate.
Tue, November 21, 2023
The way out: why founders get the boot so often
OpenAI chief executive and founding team member Sam Altman was last week fired from the company he helped make famous. Many startup founders have been made to leave their companies. What’s behind this trend?
Mon, November 20, 2023
After the freeze: will we soon get a petrol price cut?
Domestic pump prices of petrol and diesel have remained unchanged since May 2022, the longest freeze in India. With the Centre netting buoyant tax revenue and global crude prices benign, can consumers hope for a cut in the run-up to the elections next year?
Fri, November 17, 2023
India’s heft in MSCI EM index: what it means
India’s weightage on the MSCI emerging markets (EM) index is tipped to rise to 16.3% from the current 15.88% with nine fresh stock inclusions in the gauge. The addition, effective 30 November, will take India’s representation to an all-time high of 131 stocks.
Thu, November 16, 2023
The rupee: its fall, recovery and the RBI’s role
On 10 November, India’s currency touched an all-time low of ₹83.5 against the dollar. It has now recovered a little, closing at ₹83.1 on 15 November. Mint explains the reasons behind the rupee’s slide in the recent past and gives a peek into the future.
Wed, November 15, 2023
Our AQI woes: Why farmers still burn stubble
A mix of solutions has helped sharply reduce crop stubble burning by farmers in Punjab and Haryana. But some still resort to the polluting practice because of a shortage of machines to manage crop residues, causing the air quality index (AQI) to worsen
Tue, November 14, 2023
Long hours is not the productivity fix India needs
The growth of India’s labour productivity—output per person per hour—has been tepid. And working longer hours is not a solution. Mint looks at the reasons for the low productivity growth and what needs to be done to improve it.
Fri, November 10, 2023
Why is it hard to catch those who make deepfakes?
With AI tools becoming more accessible, deepfakes are a rising threat in audio, video, and photo formats. But, catching the actual perpetrators is next to impossible, thanks to how cyber tools allow people to obfuscate the traces of origin.
Thu, November 09, 2023
WeWork’s fall: the outlook for co-working firms
India’s co-working sector, also called the flex workspace sector, modelled itself on WeWork Inc., the SoftBank-backed startup that filed for bankruptcy in the US this week. How does this development impact WeWork India and other companies?
Wed, November 08, 2023
Home sales: will this be the best festive qtr ever?
Home sales in October-December are expected to clock the best-ever festive period sales. October was already a blockbuster month in some cities, triggered by Navaratri. Now, developers expect Diwali to catapult the real estate industry to a new high.
Tue, November 07, 2023
What will 5 more years of free foodgrain bring?
With elections looming, the prime minister has extended the free foodgrain scheme, which was due to end after December, by 5 years. The announcement, made at an election rally, is being viewed as a political move. What does it entail?
Mon, November 06, 2023
Foreign listing: pros and cons for firms, investors
The central government last week notified a regulation to allow unlisted Indian companies to be listed on foreign exchanges. Until now, only companies already listed in India were eligible for a secondary listing. In this context, Mint provides a detailed explanation of this recent development and its potential ramifications.
Fri, November 03, 2023
Status quo again: What to make of the Fed decision
The US Federal Reserve has decided to hold the federal funds rate steady at 5.25-5%. This is the second meeting in a row the Fed has maintained the status quo on the funds rate. Why did the Fed do this and what are the implications of this decision?
Thu, November 02, 2023
Snoopgate: How to tell if your phone's hacked
The government has asked Apple to join its investigation into allegations that the iPhones of some opposition leaders and journalists could have been compromised by “state-sponsored” hackers. Is your phone hacked? What can you do about it?
Wed, November 01, 2023
There’s a boom in premium phones: What’s driving it?
Demand for smartphones dropped in 2022, with the market shrinking 10%. In the first six months of 2023, it dropped another 10%. Premium phones, priced at $400 or more, are bucking the trend—shipments grew 75% in H1 this year. Are premium phones more affordable now?
Tue, October 31, 2023
Two-wheelers: Driving to an electric future?
Domestic overall two-wheeler sales increased 4% in the first half of FY24, and estimates suggest they will easily top 17 million units by the year-end. Yet, sales would be significantly below the peak levels of the pre-covid era.
Mon, October 30, 2023
Auto-nomous: But shouldn’t we be in charge?
GM’s autonomous vehicle startup Cruise has slammed the brakes on its driverless cars, as US regulators investigate alleged safety breaches. Will this move put a spoke in the wheel of driverless cars globally? Or is this a step in the right direction?
Fri, October 27, 2023
What the spike in US bond yields means for you
The yield on 10-year US treasury bonds crossed 5% on Monday—the first time since 2007. It closed at 4.95% on Wednesday. This bond yield is important in influencing the direction of interest rates not just in the US but all across the world
Wed, October 25, 2023
Could FY24 turn out to be a bleak year for IT hiring?
Demand for IT services has slumped amid a global slowdown. India’s IT companies have, therefore, clamped down on their hiring plans. In fact, FY24 could turn out to be the worst year for IT sector hiring in a long time.
Mon, October 23, 2023
Making sense of India’s record food production
Data released last week by the agriculture ministry shows food production touched record highs in 2022-23. The robust numbers are at variance with India’s decision to curb exports of wheat and rice, and the trajectory of food inflation across multiple crops.
Fri, October 20, 2023
Higher-for-longer interest era: The Indian outlook
At the recently concluded International Monetary Fund (IMF)-World Bank meetings in Marrakesh, officials fretted over the new trend of interest rates remaining high for a long period. Mint looks at how it will impact the world at large and India in particular.
Wed, October 18, 2023
Faster, higher, stronger? Games and the economy
Prime Minister Narendra Modi on Sunday confirmed that India will formally bid for hosting the 2036 Olympic Games. How much does it cost to host the 16-day event and is it worth the effort? Mint evaluates the economic implications of a successful bid.
Tue, October 17, 2023
Can inflation swing votes in state elections?
Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram are headed for assembly elections amid varying retail inflation numbers. Rajasthan’s at 6.53% is above the RBI’s upper tolerance band. Mint explains the relevance of inflation to the elections.
Mon, October 16, 2023
Why ADAS cars are the talk of the town
Earlier this month, carmaker Hyundai announced plans to offer advanced driver assistance systems (ADAS) across its entire product range in India. Why has it become fashionable to talk about ADAS and what is spurring its growth? Tune in Now.
Fri, October 13, 2023
Why states in the South are in a rush to borrow
Southern states are on a borrowing spree. In the second quarter of 2023-24, all of them—barring Karnataka—have gone way beyond their planned borrowing limits. Why is this so? And how have the other states fared?
Thu, October 12, 2023
A Fissured Land: Israel, Palestine, and Hamas
Israel is at war with Hamas, the latest chapter in an enervating cycle of violence. Why has the Palestine question remained unresolved for so long? Mint takes a look at the past, present, and future of this festering conflict and its implications for the world and Indian economy.
Wed, October 11, 2023
Nobel: Lessons from Claudia Goldin’s findings
Claudia Goldin, an economic historian and professor at Harvard University bagged this year’s Nobel prize in economics for her pioneering research that advances our understanding of labour market outcomes for women.
Tue, October 10, 2023
Grave New World: Can we oversee AI decisions?
The Ministry of Corporate Affairs (MCA) is automating its compliance system with artificial intelligence (AI) and machine learning (ML) tools. But decisions such as serving notices on companies will be left to (human) officials to make.
Mon, October 09, 2023
Sikkim review: How safe are dams in India?
The Chungthang dam in Sikkim, the source for a hydropower plant, collapsed last week, killing 30 people. Recently, other states have also witnessed catastrophes involving large dams leading to floods and landslides. Just how safe are these mega-projects? Mint explains.
Fri, October 06, 2023
How prices have moved since last MPC meeting
The Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) is set to deliver its decision on the policy repo rate today, with the market expecting a status quo despite the surge in prices amid a hardening of bond yields. A pause, nevertheless, would be a challenge.
Thu, October 05, 2023
Malaria Gets its Second Vax: Why it’s Momentous
A malaria vaccine developed by Oxford University and Serum Institute of India (SII) has been recommended for large-scale use by the World Health Organization (WHO). The R21/Matrix-M—only the second malaria jab—has shown up to 75% efficacy.
Wed, October 04, 2023
How an Andhra Scheme Can Save Pension Reforms
Andhra Pradesh’s new Guaranteed Pension System (GPS) is a hybrid of the old and new pension schemes. It offers the best of both worlds—a guaranteed pension without burdening the state significantly. Mint looks at its potential to salvage India’s hard-fought pension reforms.
Tue, October 03, 2023
Why EU’s carbon tax is facing pushback
The European Union’s (EU’s) carbon tax—the Carbon Border Adjustment Mechanism (CBAM)—came into effect on 1 October, causing a wedge between developing and developed countries. Interestingly, it is facing resistance from even within Europe. Tune in now for the breakdown
Fri, September 29, 2023
Why sovereign gold bonds are glittering away
The latest tranche of sovereign gold bonds (SGBs) saw investors subscribing to a record number of units. Mint looks at the reasons for this high interest in SGBs, gold’s clout as a hedge against inflation and the outlook for the yellow metal.
Fri, September 29, 2023
Borrowing plans: Why the market remained calm
The central government on Tuesday announced that it will borrow ₹6.55 trillion during the second half of the ongoing fiscal year, keeping its borrowing plans unchanged. Mint explains the relevance of this for the Indian economy.
Wed, September 27, 2023
1.5 Trillion in taxes? The gamblee with online gaming?
In todays primer we take a look in the world of Gambling firms and the stance of the DGGI levying taxes on these firms in regards to a lot of under the table tax evasion and discrepancies, The gaming industry criticizes these claims, considering them disproportionate, and questions the legal basis for such retrospective claims, which were not recommended by the finance minister in the GST Council meeting. Tune in now for the whole story
Tue, September 26, 2023
Analyzing key factors behind housing project completions
in today's primer we take a look at how recent data indicates a notable reduction in delays associated with the completion of real estate projects. This positive trend can be largely attributed to the pivotal role played by the implementation of the Real Estate (Regulation and Development) Act, 2016, commonly known as RERA. Tune in now
Thu, August 10, 2023
Life beyond oil: Can distance tax ease the switch?
Taxes on oil make up a chunk of government revenue. Surging interest in electric vehicles, however, puts this under threat. Distance tax is touted as one way to offset any loss in revenue. What is it, how effective will it be, and how does it work? Sumant Banerji explains the reasons behind it. This episode is being hosted by Alisha Sachdev.
Tue, August 08, 2023
IT import curbs: Licence Raj or Make in India?
In a surprise move, the government last week reintroduced licensing and ended free imports of IT hardware. Many reasons have been cited for this step. Mint explains the possible rationale and the potential impact of the measure going forward. This episode is being hosted by Alisha Sachdev.
Fri, August 04, 2023
The new data protection bill: Five takeaways
After five years and multiple iterations, the Digital Personal Data Protection (DPDP) Bill was tabled in Parliament on Thursday. Featuring a number of changes from the 2022 draft, the bill is a mixed bag. Shouvik Das, Gulveen Aulakh gives you the top five takeaways. This episode is being hosted by Alisha Sachdev.
Wed, August 02, 2023
What flipped the decline of India's Forex reserves?
India’s foreign exchange reserves, which peaked at $642 billion in October 2021, declined for most part of last year. The trend reversed this year with forex reserves touching a 15-month high of $609 billion as of 14 July. Mint explains the reasons behind this rise.
Wed, August 02, 2023
Off the block: Luxury car sales roar in India
Luxury car sales were at record levels in the first half of 2023. Should the trend continue, the industry could log an all-time high for the full year. What explains this frenzy, who are the major benefactors and how long will it sustain? Sumant Banerji explains the reasons behind this rise. This episode is being hosted by Alisha Sachdev.
Thu, July 27, 2023
How style & affordability intersect with car safety feat. Martin Uhlarik, Tata Motors
Mint's Alisha Sachdev discusses how car design and safety criss-cross and interact when it comes to building a new vehicle, with Tata Motors' Head of Global Design Martin Uhlarik. How does the company balance price, style, function and safety? What changes will autonomous driving bring? Tune in to this special episode for plenty of food for thought.
Mon, July 24, 2023
Unravelling the mystery: Decline of smartphone shipments in India
Smartphone sales in India have been falling, with the entry and mid-tier segment the most impacted. In the first half of 2023, overall sales dropped below the 50-million-unit mark. Why are sales declining and what do we expect for the rest of the year? Sumant Banerji finds out.
Wed, July 19, 2023
Poor no longer? Dimensions of poverty in India
Around 135 million Indians exited ‘multidimensional poverty’, a measure of deprivation beyond money, between 2015-16 and 2019-21, the Niti Aayog says. The basis of calculation is the National Family Health Survey (NFHS). Mint's Tanay Sukumar explains. This episode is being hosted by Prasid Banerjee.
Tue, July 18, 2023
Could whiskey sour India-UK trade talks?
As India and the UK discuss a range of goods in talks on a free trade deal, proposals for whisky are proving hard to swallow for both sides. That’s because Indians are the world’s biggest consumers of Scotch and UK the biggest producer. Mint's Ravi Dutta Mishra takes a look at the bigger picture. This episode is being hosted by Alisha Sachdev.
Fri, July 14, 2023
Compensation cess: How it affects your utility vehicle buying plans
If you are planning to buy an SUV (sport utility vehicle) or MUV (multi-utility vehicle) the GST Council’s decision to change the definition of UVs that attract a compensation cess of 22% may have implications. Mint's Alisha Sachdev explains the changes and their impact on buyers.
Thu, July 13, 2023
Reaching for the moon: The next Chandrayaan
The ₹386 crore Chandrayaan-1 was successful. Its orbiter kept orbiting around the Moon for 312 days conducting experiments while its impact probe landed on the lunar surface and discovered signs of water. The ₹850 crore Chandrayaan-2’s mandate was bigger. This episode is being hosted by Prasid Banerjee.
Thu, July 13, 2023
Deficit to deluge: India’s swinging monsoon test
Heavy rainfall across North India has pushed monsoon into surplus territory for the entire country. But instead of cheer, the sudden deluge served as a grim reminder of recurrent climate shocks and the resultant human and economic toll. Mint's Sayantan Bera and Puja Das explain. This episode is being hosted by Alisha Sachdev.
Tue, July 11, 2023
Should India limit junk food ads after WHO red flag?
With unhealthy diets becoming a global public health concern, the World Health Organization (WHO) has recommended mandatory restrictions on marketing junk food to children, terming it a harmful practice. Mint's Sayantan Bera explains why it is critical for India to act fast. This episode is being hosted by Alisha Sachdev.
Mon, July 10, 2023
Empty spaces: Why are so many offices vacant?
Offices are emptying out as new property supplies hit the market and users exit for cheaper and more space-efficient spaces as they adopt hybrid work models. Will this demand-supply mismatch see vacant office stocks rise further? Madhurima Nandy explores. This episode is being hosted by Alisha Sachdev.
Fri, July 07, 2023
Can Indian phonemakers ring in the China magic?
On 4 July, Reliance subsidiary Jio Platforms launched a 4G-equipped feature phone, called Jio Bharat 4G, for under ₹1,000. Other Indian brands also plan to launch inexpensive smartphones. After having lost out to Chinese brands nearly a decade ago, can the Indian brands cut it in today’s market? Mint's Shouvik Das decodes. This episode is being hosted by Alisha Sachdev.
Fri, June 30, 2023
Why states are falling short on capital spending
Today, Indian states are at the forefront when it comes to capital expenditure (capex). Aware of this, the Centre has been incentivizing them in a big way. But the outcome is far from optimal. N Madhavan explains the importance of capex and the bottlenecks. This episode is being hosted by Alisa Sachdev.
Tue, June 27, 2023
Unleashing potential: India's birth as the world's chip hub
On 22 June, US semiconductor firms Micron, Applied Materials and Lam Research announced projects in India, fuelling New Delhi’s hopes of becoming a player in the global supply chain for chips. Mint's Shouvik Das decodes what these announcements could mean in the long run. This episode is being hosted by Alisha Sachdev
Mon, June 26, 2023
A strange revolt in Russia: Is this the end of Putin?
Over the course of just 24 hours, Russia has lurched from a military power to a politically insecure nation. Yevgeny Prigozhin, head of the mercenary Wagner group, appeared to launch an armed rebellion before ordering his troops march back. Mint's Shashank Mattoo looks at a bizarre revolt. This episode is being hosted by Alisha Sachdeva.
Fri, June 23, 2023
Monsoon update: Impact of uneven rainfall on planting activity
Monsoon’s journey has been uneven so far. While nearly half of India is coping with a rainfall deficit of 60% or more, some states in the west and northeast are under a deluge. Mint's Sayantan Bera explores the possible impact on rain-fed Kharif crops in this episode. This episode is being hosted by Alisha Sachdev
Mon, June 19, 2023
Why are the rich leaving India?
India is expected to lose 6,500 high net-worth individuals (HNWIs), worth $1 million or more this year, according to Henley and Partners, an advisory firm on investment-linked visas. Is this a high number, and what drives their decision to move? Tauseef Shahidi explains. This episode is being hosted by Alisha Sachdeva.
Wed, June 14, 2023
Cowin data breach: Assessing the risk of recurring attacks
Minister of State for Electronics and IT Rajeev Chandrasekhar says the Cowin app did not face a direct data breach. But the incident could still put the sensitive personal health data of users at stake. Shouvik Das explains why such breaches could be severe and why they are so frequent. This episode is being hosted by Prasid Banerjee.
Tue, June 13, 2023
Forces at play: Impact of El Nino, other factors on MSP
The government has announced a higher-than-usual hike in the minimum support price (MSP) for Kharif crops. Coming ahead of general elections next year, the hike seeks to strike a balance between farmer and consumer interests, amid an El Nino threat. Sayantan Bera explains This episode is being hosted by Prasid Banerjee.
Thu, June 08, 2023
Apple Vision Pro: Can it alter the world of mixed reality?
Apple has entered a new hardware category with its mixed reality headset Vision Pro. Apple has the might of its brand name, which can help revive a muted augmented/virtual reality industry. But its closed ecosystem and a hefty price tag pose challenges. Mint's Shouvik Das dives in. This episode is being hosted by Alisha Sachdeva.
Wed, June 07, 2023
Exposing the dark side: The story behind the ban on 14 FDC drugs
The government has banned the manufacture, sale and distribution of 14 fixed dose combination (FDC) drugs, citing “no therapeutic justification". Tauseef Shahidi explains the backstory and the rationale behind this move. This episode is being hosted by Prasid Banerjee.
Tue, June 06, 2023
From precision to peril: Role of signalling in train accidents
Preliminary investigations into the horrific three-train crash in Odisha point to a signalling error and interference with the electronic interlocking system. Subhash Narayan explains how the signalling network works and when it can malfunction. This episode is being hosted by Prasid Banerjee.
Mon, June 05, 2023
Risks to cereal inflation: Is rice the new wheat?
The retail price of rice, the most widely consumed cereal, is on the rise. After battling over a year of surging wheat prices, rice could pose a new challenge for India, the top exporter globally. A lot depends on how the monsoon pans out. Sayantan Bera explains in his report. This episode is being hosted by Prasid Banerjee.
Fri, June 02, 2023
Why tech pioneers are divided over AI
Tech experts led by OpenAI CEO Sam Altman, whose ChatGPT broke the internet are insisting that the very technology they helped nurture should now be heavily controlled, citing pandemics and nuclear war. Is this a case of fear of the future? Leslie D'Monte explores this in the report. This episode is being hosted by Prasid Banerjee.
Thu, June 01, 2023
What drove India's GDP growth in FY23?
In 2022-23, real gross domestic product (GDP) growth—which is adjusted for inflation—was at 7.2%, against 9.1% in 2021-22. This is 20 basis points higher than the Reserve Bank of India’s forecast of 7%. What can we make of these numbers? Vivek Kaul examines in his report. This episode is being hosted by Prasid Banerjee.
Tue, May 30, 2023
Get ready to pay more for your electric scooter
The ministry of heavy industries has asked three manufacturers to return subsidies claimed for electric 2-wheelers even as it prepares to cut incentives from 1 June. How will it impact prices, sales and the cadence of EV adoption? Mint's Alisha Sachdev explains. This episode is being hosted by Prasid Banerjee.
Mon, May 29, 2023
What to watch out for in your appraisal letter
India Inc is busy plotting the performance of its workforce across different metrics. The appraisal season this year also coincides with some stringent cost-cutting, particularly if you work in an export-oriented industry. Mint's Devina Sengupta explains what to expect in that letter. This episode is being hosted by Prasid Banerjee.
Thu, May 25, 2023
Can India become a developed nation by 2047?
NITI Aayog’s governing council summit will see the Prime Minister and chief ministers discuss a plan for India to become a developed nation by 2047, the 100th year of Independence. What opportunities and challenges should this blueprint factor in? Mint's Tauseef Shahidi explains. This episode is being hosted by Prasid Banerjee.
Wed, May 24, 2023
Decoding the dilemma behind escalating cooking oil imports
Increased imports of cheap palm oil have helped cool consumer prices. But farmers have run into losses with home-grown mustard selling at below the minimum support price. It’s a tightrope walk for the government, as Sayantan Bera explains. This episode is being hosted by Prasid Banerjee.
Tue, May 23, 2023
The bitter truth about artificial sweeteners
Artificial sweeteners have emerged as the go-to substitute for Indians who want to indulge their sweet tooth in a ‘healthy’ way. However, the World Health Organization (WHO) last week cautioned against freely replacing sugar with non-sugar substitutes. Mint's Nandita Venkatesan explains This episode is being hosted by Prasid Banerjee.
Fri, May 19, 2023
Tax on foreign card spends: A bolt from the blue
The government has brought credit cards under the Liberalised Remittance Scheme (LRS) from 1 July. Even a dollar of foreign spending will attract a 20% tax — a departure from the current 5% tax on spending of over ₹7 lakh (credit cards excluded). Mint's Neil Borate explains in this episode. This episode is being hosted by Prasid Banerjee.
Thu, May 18, 2023
Power outages: Is India fated to sweat it out this summer?
With temperatures soaring, demand for electricity is set to peak in the next few weeks. Things should be under control as India has added significant capacity to its power production. But outages are common in many parts of the country. Where is the disconnect? Mint's Sumant Banerji explains in this episode. This episode is being hosted by Prasid Banerjee.
Wed, May 17, 2023
Unlocking India's export potential: How to overcome the slide
India’s goods exports fell 12.7% to $34.66 billion in April, the steepest slide in three years. This persistent decline has major implications for India’s growth story and, by extension, for job creation. Mint's Ravi Dutta Mishra and Gireesh Chandra Prasad explain how businesses could deal with this problem going ahead.
Tue, May 16, 2023
What’s happening to WhatsApp, and how to stay safe
Once an innovative instant messaging service, WhatsApp today offers businesses one of the most effective ways to reach users. But, like text messages and calls, expansion has come with spam and scams. What’s happening to Whatsapp? How can we stay safe? Mint's Prasid Banerjee explains in this episode.
Mon, May 15, 2023
US debt ceiling: Is there a global crisis brewing?
On 1 May, treasury secretary Janet Yellen sent a letter to the US Congress saying that on 1 June the government is likely to run out of money. With the government currently breaching its debt ceiling, the situation has become parlous. Mint explains what’s happening. This episode is being hosted by Prasid Banerjee.
Thu, May 11, 2023
Food on the table: why wheat prices are high
With government purchase of wheat falling short of target, consumers may continue to bear the brunt of high cereal prices in the coming months. A looming El Nino can further pinch pockets if monsoon rains turn out to be lower than normal. Mint explores. This episode is being hosted by Prasid Banerjee.
Wed, May 10, 2023
I’ll be back: Does it make sense to live forever?
PayPal co-founder Peter Thiel wants his body cryogenically frozen after death and revived in the future—one of thousands who have pledged their bodies. How advanced is our technology, and what are the implications of bringing the dead back to life? Leslie D'Monte explains This episode is being hosted by Prasid Banerjee.
Tue, May 09, 2023
What the gas price hike means for homes and businesses
The Petroleum Planning & Analysis Cell has set the price of domestic natural gas for May at $8.27 per metric million British thermal units. It was $7.92 in April. The revision follows the new domestic gas pricing formula introduced last month. Rituraj Baruah explains its likely impact. This episode is being hosted by Prasid Banerjee.
Mon, May 08, 2023
Beyond passwords: Google Passkeys usher in new era of digital security
They say no password is a good password. With Microsoft and Apple taking the step in the last few years, Google announced its plan to kill passwords online last week, with something called Passkeys. Firms call these a step towards a password-less future. Mint's Prasid Banerjee explains in this episode.
Thu, May 04, 2023
Bailing out: What went wrong at Go First Airlines
One of the oldest private airlines in India has decided to file for bankruptcy citing persistent issues with Pratt & Whitney engines that power its fleet of 54 Airbus A320 aircraft. Mint's Anu Sharma explains what lies at the core of Go First’s troubled flight path. This episode is being hosted by Prasid Banerjee.
Wed, May 03, 2023
What to make of record GST collections in April
Goods and services tax (GST) collections hit a record ₹1.87 trillion in April. Ever since its introduction, GST data has become a barometer of how well the economy is performing. But is the April data really so straightforward? Pragya Srivastava explains This episode is being hosted by Prasid Banerjee.
Tue, May 02, 2023
Why chip shortages continue to plague the auto industry post-covid
A pandemic-induced global shortage of semiconductor chips drove down global auto volumes by a quarter in 2021. The pandemic is over now, and India recorded its best passenger vehicle sales in FY23. So why do shortages continue to niggle? Mint's Alisha Sachdev explains. This episode is being hosted by Prasid Banerjee.
Mon, May 01, 2023
What rising employee costs mean for IT firms
Employee costs in leading IT services companies have shot up over the last four fiscals, according to a Mint analysis. In uncertain times, companies are likely to cut costs, which has implications on both hiring and salary hikes. Mint's Manjul Paul and Devina Sengupta explain in this episode. This episode is being hosted by Prasid Banerjee.
Fri, April 28, 2023
Is EU's Carbon tax protectionist or a green good?
The EU Carbon Border Adjustment Mechanism calls for tariffs on goods from countries that are not part of the Emission Trading System, which allows companies to trade carbon credits or allowances. This episode is hosted by Prasid Banerjee.
Wed, April 26, 2023
Is crypto winter finally coming to a close?
After almost a year of a downturn, the crypto markets seem to be rising once again. Analysts are predicting sky-high prices too and Bitcoin is once again the poster boy for the resurgence.
Tue, April 25, 2023
Will new policy give a lift-off to India's space biz?
The success of the ISRO has spawned a number of private players, making the recently announced Indian Space Policy 2023 critical. This episode is hosted by Prasid Banerjee.
Fri, April 21, 2023
India's quantum computer foray: why it matters
On Wednesday, the union cabinet gave its nod to a ₹6,000 crore National Quantum Mission to develop quantum computers and scale up research and development in quantum technologies. This episode is hosted by Prasid Banerjee.
Wed, April 19, 2023
Indian consumer's diverse expectations and emerging trends
RBI’s Consumer Confidence Survey, a measure of consumers’ perception of the prevailing economic situation, was conducted in the first half of March 2023 across 19 cities. This episode is hosted by Prasid Banerjee.
Mon, April 17, 2023
Why Telangana has a persistent inflation problem
If there is one state that has an inflation that is consistently the highest among its peers, it is Telangana. At 7.63%, it is almost 200 basis points more than the national average. This episode is hosted by Prasid Banerjee.
Fri, April 14, 2023
What's fuelling the record petro demand in India?
Demand for refined petroleum products hit a record in FY23, led by transportation fuel. The Petroleum Planning & Analysis Cell (PPAC) said consumption reached 222.30 million tonnes in the last fiscal. This episode is hosted by Prasid Banerjee.
Fri, April 14, 2023
End of online gambling in TN? It's not that simple
Tamil Nadu has banned online gambling, rekindling a campaign against gaming firms in India that has raged for over a year-and-a-half. This episode is hosted bu Prasid Banerjee.
Thu, April 13, 2023
Decoding rain forecasts: a rural India poser
The Met has predicted normal rains in the June-September monsoon season—in spite of the likelihood of El Nino conditions developing by July, which usually negatively impacts rainfall. This episode is hosted by Prasid Banerjee.
Tue, April 11, 2023
What do Opec+ production cuts mean for India?
OPEC+ countries announced a voluntary oil production cut by 1.16 million barrels per day. Reduced global oil supplies can impact the economy of India, which is dependent on oil imports for approx 85% of its energy needs. This episode by Prasid Banerjee.
Mon, April 10, 2023
Why is India reaching out to Latin America?
Over the last few years, India's outreach to Latin America has increased. EAM Jaishankar, who has visited Brazil, Argentina and Paraguay, is to visit Guyana and Colombia later this month. This episode is hosted by Prasidd Banerjee.
Wed, April 05, 2023
Making sense of the changes in completion law
Parliament has given its approval to the Competition Amendment Bill, 2023, in the ongoing budget session, laying the foundation for more effective oversight. This episode is hosted by Prasid Banerjee.
Tue, April 04, 2023
Who will finance the mega cities of the future?
Recently, #G20’s infrastructure working group concluded its meeting in Visakhapatnam. The focus was on urban infrastructure financing. This episode explains why the financing of future cities is a pressing need and the options available. This episode is hosted by Prasid Banerjee.
Mon, April 03, 2023
All that you need to know about India's new FTP
The government has finally unveiled its new Foreign Trade Policy (FTP) which came into force on 1 April. The previous policy had to be extended several times due to the pandemic & geo-political developments. This episode is hosted by Prasid Banerjee.
Fri, March 31, 2023
Why Generative AI is a divided house now
Generative AI has polarized AI experts with some calling for a six-month moratorium on building new systems and others arguing against the idea that the benefits of AI far outweigh perceived risks. This episode is being hosted by Prasid Banerjee.
Thu, March 23, 2023
No more rights to foreign carriers in India. Why?
India says it has no plans to provide any more flying rights or 'bilateral rights' to foreign airlines, as the country wants its own carriers to become global players. This episode is being hosted by Prasid Banerjee.
Wed, March 22, 2023
Why IPCC wants to speed up climate efforts
The final part of the sixth assessment report ("AR6") of the Intergovernmental Panel on Climate Change (IPCC) was released on Monday. It's "final warning" about the climate crisis merits attention and drastic action. This episode is being hosted by Prasid Banerjee.
Tue, March 21, 2023
Generative AI: Will it change the way we use apps?
After pushing generative AI into their search engines and browsers, Google & Microsoft are now adding them to consumer products like Outlook, Bing, Edge, Gmail, Docs & more. Can they change how we use these apps? This episode is being hosted by Prasid Banerjee.
Fri, March 17, 2023
Should you be worried about the H3N2 virus?
Cases of influenza-A subtype H3N2 are on the rise, with a few deaths reported across India. The government says it’s keeping a close watch on the situation and has issued advisories. Is there cause for concern? This episode is being hosted by Prasid Banerjee.
Thu, March 16, 2023
Will GPT-4 make machines think like humans?
Open AI has released the generative pre-trained transformer (GPT4), its much-anticipated large language model—that can learn and comprehend. This episode is being hosted by Prasid Banerjee.
Wed, March 15, 2023
Credit where it's due: How to empower women
In this episode, get to know about one of the many ways to empower women is to ensure better access to credit. This has far-reaching implications, including giving a boost to women entrepreneurs. This episode is being hosted by Prasid Banerjee.
Tue, March 14, 2023
Why local banks are insulated from SVB ripples
The collapse of Silicon Valley Bank has caused ripples across the financial world but is unlikely to affect Indian lenders. This episode explains how stressed banks were managed in the past. This episode is being hosted by Prasid Banerjee.
Mon, March 13, 2023
What happens to Indian startups after SVB's fall?
The shutdown and takeover of Silicon Valley Bank (SVB) by US regulators has raised questions on how it impacts India’s startup industry. It was an important partner for the global startup economy. This episode is being hosted by Prasid Banerjee.
Fri, March 10, 2023
Who really blew up the Nord Stream Pipeline?
US intelligence officials believe a pro-Ukrainian saboteur group may have been behind the bombing of the Nord Stream gas pipelines last year, according to The New York Times. This episode is being hosted by Prasid Banerjee.
Tue, March 07, 2023
Why every tech firm wants an AI-powered chatbot
The battle for AI-powered chatbots is heating up with Musk, Zuckerberg, Pichai and Nadella all trying to outpace each other in the race to develop more powerful generative AI apps and chatbots. This episode is being hosted by Prasid Banerjee.
Mon, March 06, 2023
The long road to sustainable development
Last week’s #G20 meetings in Bengaluru saw discussions on how multilateral institutions can be strengthened to address global challenges, while retaining focus on Sustainable Development Goals (SDG) & poverty eradication. This episode is being hosted by Prasid Banerjee.
Fri, March 03, 2023
How YouTube is used to 'pump and dump' stocks
Orders passed by Ananth Narayan, whole-time member at SEBI, in two recent cases, reveal the modus operandi of people operating 'pump and dump' schemes on YouTube. This episode is hosted by Prasid Banerjee.
Thu, March 02, 2023
Why is the auto industry split on free trade deals?
Commerce minister Piyush Goyal says free-trade agreements (FTAs) with Japan and South Korea have cost India billions, with South Korean automakers importing “indiscriminately" into India. Mint's Alisha Sachdev explains the auto sector’s complicated relationship with FTAs. This episode is being hosted by Prasid Banerjee.
Tue, February 28, 2023
Is global tax reform closer to reality now?
Finance ministers and central bank chiefs from G20 nations, officials from other nations and multilateral agencies last week debated reforming the global tax architecture to stop cross-border tax avoidance by MNCs. Are they close to getting it done? Gireesh Chandra Prasad explains This episode is being hosted by Alisha Sachdev.
Mon, February 27, 2023
What MSCI's index tweaks mean for India
In its February 2023 Index review, MSCI reduced the weightage of four Adani group companies after their market capitalization declined. It later postponed the decision. Jagadish Shettigar and Pooja Misra examines the influence of such indices and the takeaways for regulators. This episode is being hosted by Alisha Sachdev
Thu, February 23, 2023
A taxing question India can’t resolve: What’s an SUV?
India doesn’t quite know how to define a Sports Utility Vehicle (SUV) and that has led to confusion on how to tax them. Nearly six years after the GST was implemented, the Centre is now looking at plugging loopholes to prevent any ‘unintended tax evasion’. Sumant Banerji explains. This episode is being hosted by Alisha Sachdev
Wed, February 22, 2023
The multiplier impact of more expressways
With the inauguration of the 246-km Delhi-Dausa-Lalsot section of the Delhi-Mumbai expressway last week, the travel-time between Delhi and Jaipur is expected to come down to three hours. There are other economic implications. Mint's Jagadish Shettigar & Pooja Misra Explains. This Episode is Hosted by Prasid Banerjee.
Mon, February 20, 2023
Why are top TV channels going off cable?
Major television broadcasters including Disney Star, Zee Entertainment Enterprises and Sony Pictures Networks India have switched off signals to cable operators, as the latter refuse to roll out channel price hikes. Mint's Lata Jha explains both sides of the story. This episode is being hosted by Prasid Banerjee.
Fri, February 17, 2023
Why trade settlement in rupee is off to a tentative start
Some 20 banks have opened special vostro accounts to settle foreign trade in rupees. However, the mechanism is yet to take off with exporters flagging issues. Russian buyers, meanwhile, are offering payments to Indian exporters in yuan and dirham. Ravi Dutta Mishra explains in his report.
Thu, February 16, 2023
What’s behind the bumper plane orders?
India has scripted aviation history with the mammoth 540 aircraft order by Air India. Anu Sharma explains why Indian airlines are placing such big bets in a business which is often synonymous with paper-thin margins and volatile cost structures. This episode is being hosted by Prasid Banerjee.
Tue, February 14, 2023
The big lithium find: Risks and rewards
The discovery of 5.9 million tonnes of lithium in Jammu & Kashmir is a major boost for India’s electrification plans but mining is a high-risk, high-reward game in the ecologically sensitive Himalayas. Sumant Banerji explains in his report. This episode is being hosted by Prasid Banerjee.
Mon, February 13, 2023
Explained: The logic behind long-term capex loans for states
Union budget 2023-24 has proposed to continue with the 50-year interest-free loan to state governments that aid infrastructure investment. Jagadish Shettigar and Pooja Misra examine the long-term strategy behind this capital expenditure plan. This episode is being hosted by Prasid Banerjee.
Fri, February 10, 2023
Risk profiles: Startups, tech cos face 20k job cuts in 6 months
Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six months, about 20,000 job cuts are expected, with certain profiles more at risk. Mint's Devina Sengupta explains in this episode. This episode is being hosted by Prasid Banerjee.
Fri, February 10, 2023
Will Microsoft Bing outplay Google’s Bard?
Will Microsoft Bing outplay Google’s Bard? Jolted by the phenomenal success of ChatGPT, Google launched Bard, its AI-powered chatbot. Microsoft countered two days later with its AI-powered Bing search engine and Edge browser. Will Google succumb to, or prevail over, the onslaught of OpenAI and Microsoft? Leslie D'Monte and Prasid Banerjee explains in this episode.
Tue, February 07, 2023
Angel tax returns, spooks India's startups
The Indian startup ecosystem was caught by surprise after the Finance Bill 2023 expanded the scope of ‘angel tax’ last week to include foreign investors. Ranjani Raghavan explains the new amendment, the main concerns of the industry and its implications. This episode is being hosted by Prasid Banerjee.
Fri, February 03, 2023
Costly wheat and the cloud over our daily bread
Wheat prices have stayed stubbornly high in India, despite several steps by the government including an export ban last year and a recent announcement of open market sales. In a pre-poll year, the size of the winter harvest, beginning April, will be critical. Sayantan Bera takes a close look. This episode is being hosted by Prasid Banerjee.
Thu, February 02, 2023
All that you need to know about this year’s budget
Finance minister Nirmala Sitharaman’s budget speech was all of 13,761 words, a little over two-fifths longer than her speech in 2022. In this episode, we discuss the major points of the budget. This episode is being hosted by Prasid Banerjee.
Wed, February 01, 2023
Budget 2023-24: Key expectations in a pre-poll year
Finance minister Nirmala Sitharaman will present her fifth consecutive budget today. This being the last full budget before the general elections, her formidable task: boost growth and demand without diluting fiscal targets. Mint summarizes the expectations. This episode is being hosted by Prasid Banerjee.
Tue, January 31, 2023
Economic Survey: Its importance and what to expect
Ahead of the Union budget on 1 February, the government today presents the Economic Survey for 2022-23. Jagadish Shettigar and Pooja Misra examine its significance for the economy and what we could expect from the vital document. This episode is being hosted by Prasid Banerjee.
Fri, January 27, 2023
How Google’s Android tweaks might play out
In a surprising move, Google said it is going to change some of its policies specifically for India in order to abide by the directives issued by the Competition Commission of India (CCI). Mint's Prasid Banerjee examines the changes.
Thu, January 26, 2023
Sethusamudram: High cost-low returns, or Adam's wrath?
Among large projects in India that are jinxed, the Sethusamudram shipping canal project, which would connect Palk Strait and the Gulf of Mannar, takes the cake. Experts are divided on the pros and cons of the project. N Madhavan explains its economic implications. This episode is being hosted by Prasid Banerjee.
Wed, January 25, 2023
How India can tap a bigger slice of NRI money
According to World Bank, remittances to India by non-resident Indians (NRIs) are expected to touch $100 billion in 2022. Increased remittances is a boon and may help in stabilizing the rupee. Jagadish Shettigar and Pooja Misra explain the trend and how tapping NRI resources can help the economy. This episode is being hosted by Praisd Banerjee.
Tue, January 24, 2023
What’s next in the Yes Bank AT1 bonds saga?
The Bombay High Court has set aside a March 2020 decision by the banking regulator and the Yes Bank administrator to write off ₹8,415 crore worth of the bank’s additional tier-1 bonds as part of a bailout of the private lender. Mint's Gopika Gopakumar explains the likely impact of the decision. This episode is being hosted by Prasid Banerjee.
Mon, January 23, 2023
How GST brought cheer to some states, not others
The north-eastern states have been the biggest beneficiaries of the five-year-old goods and services tax (GST) regime, according to the Reserve Bank of India (RBI) report on State Finances released earlier this week. Dilasha Seth explains how some states gained but others didn’t. This episode is being hosted by Prasid Banerjee.
Thu, January 19, 2023
Why India needs to go for a fresh fertilizer policy
A task force to examine production and promotion of bio-fertilizer and organic fertilizers has already been set up under the Niti Aayog. As the government is expected to come out with a new fertilizer policy, Mint's Jagdish Shettigar & Pooja Misra examines its implications. This episode is hosted by Prasid Banerjee.
Wed, January 18, 2023
UPI for NRIs: What it means for India and Indians abroad
The National Payments Corp. of India (NPCI) has allowed Indians abroad to use the fast payments network UPI, if their domestic bank accounts are linked to their foreign mobile numbers. Shayan Ghosh takes a look at what this means for non-resident Indians (NRIs) and for UPI. This episode is being hosted by Alisha Sachdev.
Mon, January 16, 2023
Is China finally leashing its wolf warriors?
A series of changes by China signal that Beijing is abandoning a diplomatic strategy that has earned it an unpleasant reputation. Shashank Mattoo breaks down China’s so-called ‘wolf warrior’ diplomacy, how it developed, and why Beijing may be looking to give it up. This episode is being hosted by Prasid Banerjee.
Thu, January 12, 2023
Will CCI order crimp Android in India?
Android maker Google has claimed that the Competition Commission of India’s (CCI) October order directing the company to modify how Android works in India, will stall the smartphone operating system’s growth in India. Mint's Prasid Banerjee examines the claim.
Thu, January 12, 2023
How junk food ads mislead with health pitch
In a recent ad, a top actor asks hassled mothers to give kids a pack of biscuits which, he asserts, has the power of milk and atta. The ad has hit a raw nerve, with experts seeking a stop to celebrities endorsing such food. Mint explores the regulatory landscape around junk food. Report by Sayantan Bera & Hosted by Prasid Banerjee.
Tue, January 10, 2023
What does RBI's Financial Stability Report reveal?
Gross bad loans at banks have been declining and hit a seven-year low of 5% in September, shows the RBI’s Financial Stability Report (FSR). Its stress tests showed that banks are capable of absorbing shocks even under adverse situations. Mint analyses the report. This article is being written by Jagadish Shettigar and Pooja Misra. Episde hosted by Prasid Banerjee.
Fri, January 06, 2023
FMC is the govt's move to push coal out of mines quicker
Improving the logistics of moving coal is critical for India, which is trying to reduce its energy dependence. The coal ministry has announced several first-mile connectivity (FMC) projects, in line with the government’s coal logistics policy. Rituraj Baruah explains how this will help. This episode is being hosted by Mint's Prasid Banerjee.
Thu, January 05, 2023
Will ChatGPT kill search engines or make them smarter?
Microsoft is reportedly planning to integrate a version of its Bing search engine with the AI-powered ChatGPT to answer search queries instead of just displaying a list of links, according to The Information. If true, will this move make search engines redundant or radically transform them? This report is being written by Leslie D'Monte and hosted by Prasid Banerjee.
Tue, January 03, 2023
Keep an eye on these economic indicators in 2023
Global headwinds, tightening monetary policy and the lingering effects of the pandemic have combined to create a gloomy global outlook. However, supported by domestic growth, India is projected to be one of the world’s fastest-growing economies. Jagadish Shettigar and Pooja Misra analyses in this episode. This episode is being hosted by Prasid Banerjee.
Tue, January 03, 2023
5 global crises that will keep you on edge this year
After a turbulent 2022, the world is heading into another year of multiple disruptions, apart from an economic slowdown. Shashank Mattoo breaks down five crises, some old and others new, to watch out for in the months ahead. This episode is being hosted by Prasid Banerjee.
Fri, December 30, 2022
Why IT attrition is high despite a risk of recession
Hiring freezes and fewer counter-offers have brought the recruitment frenzy in India’s information technology (IT) companies to a halt. Still, attrition in the sector for the October-December period will hover around 20%. Mint's Devina Sengupta explains why. This episode is being hosted by Prasid Banerjee.
Thu, December 29, 2022
Will smartphone sales rebound from the ’22 dip?
India’s smartphone market is set to contract by 5% in 2022 to 160 million units—the second time since 2020 when the pandemic and lockdowns impacted sales. Why has the market contracted this year and what’s in store in 2023? Mint's Gulveen Aulakh explains. This episode is hosted by Prasid Banerjee.
Wed, December 28, 2022
Why India's bankruptcy regime needs to be fixed
The government is proposing to make changes to India’s six-year-old Insolvency and Bankruptcy Code (IBC). Mint examines the relevance of the game-changing reform to the economy, and why the changes are necessary now. This episode is being hosted by Prasid Banerjee.
Tue, December 27, 2022
ICE cinemas are cool, but will they succeed?
PVR Cinemas has opened its ‘ICE’ theatre in Delhi, a new format that claims to offer an experience that’s impossible to replicate at home. Many immersive movie technologies in India’s theatres have not been particularly successful. Can ICE theatres change this? Mint's Shouvik Das explains in this episode. This episode is being hosted by Prasid Banerjee.
Fri, December 23, 2022
Why are two Indian states fighting over a district?
The border dispute between Maharashtra and Karnataka has simmered ever since the two states were created. With no acceptable political solution, the matter is now before the Supreme Court. N Madhavan explains the recent flare-up. This episode is being hosted by Prasid Banerjee.
Thu, December 22, 2022
Should India worry about China's covid surge?
Covid-19 cases are rising in several countries including China, as the BF.7 variant of the omicron virus spreads rapidly. India is strengthening surveillance, even though the country has reported a decline in cases and deaths. Mint's Priyanka Sharma explains the spurt in China and if we should be worried. This episode is being hosted by Prasid Banerjee.
Wed, December 21, 2022
The why and how of changing our competition law
The Parliamentary standing committee on finance, led by the BJP’s Jayant Sinha, has recommended modifying a Bill currently before the Parliament to make the Competition Act more up-to-date. Gireesh Chandra Prasad examines what’s in store for businesses. This episode is being hosted by Prasid Banerjee.
Tue, December 20, 2022
How much will it take to rebuild Ukraine?
Since the Russian invasion began in February, Ukraine has seen its cities reduced to rubble and critical civilian infrastructure bombed into ruin. The astronomical cost of rebuilding Ukraine is on the minds of major Western leaders. Mint's Shashank Mattoo explains. This episode is being hosted by Prasid Banerjee.
Mon, December 19, 2022
Why dipping oil price may not mean cheaper fuel
Oil prices that shot up after Russia invaded Ukraine in March plunged as low as $76.1 early December, bringing cheer for the economy. However, retail customers may have to wait longer for relief. Jagadish Shettigar & Pooja Mishra analyse the implications of cheaper oil for the Indian economy. This episode is being hosted by Prasid Banerjee.
Fri, December 09, 2022
Has the RBI hit a turning point?
The Monetary Policy Committee (MPC), in its December meeting, hiked the repo rate by 35 basis points, as against 40-50 basis point increases made since May. Jagadish Shettigar and Pooja Misra explore the central bank’s softening approach, and what it could do next. This episode is being hosted by Prasid Banerjee.
Thu, December 08, 2022
Signals from a slowdown in world trade
The World Trade Organization’s Goods Trade Barometer says the global economy, hit by strong headwinds and weakening import demand, may see trade growth slow down in the closing months of 2022 and into 2023. Mint examines the implications for India.
Tue, December 06, 2022
The AI chatbot that has the whole world in a flutter
AI-powered ChatGPT is rivalling even Fifa World Cup 2022 for social media eyeballs. The smart chatbot is keeping people glued by answering questions, writing code and poems, all with human-like sensitivity. Even Elon Musk and Chris Anderson are impressed. Here’s why: This episode is being hosted by Prasid Banerjee.
Fri, December 02, 2022
How did hackers cripple AIIMS so much?
After a cyber-attack wrecked the internal systems of All India Institute of Medical Sciences (AIIMS), the premier medical institution switched many operations from digital to manual seven days ago. Mint's Prasid Banerjee explains how devastating such a hack can be.
Thu, December 01, 2022
What fuels the protests against Vizhinjam port
Kerala’s ambitious Vizhinjam port project, led by the Adani group, is caught in protests and violence. The transshipment container terminal promises to reduce logistics costs and make manufacturing competitive. N Madhavan explains how the project landed in controversy. This episode is being hosted by Prasid Banerjee.
Wed, November 30, 2022
The causes and consequences of falling inflation
After an extended stretch of rising prices, wholesale and retail price indices in India cooled in October 2022, potentially offering some relief to the common man. Will the trend sustain and what are the implications? Jagadish Shettigar,Pooja Misra and Livemint analyses. This episode is being hosted by Prasid Banerjee.
Tue, November 29, 2022
Why perennial rice developed in China is a big deal
Farmers in China are now growing a perennial variety of rice which does not need to be planted every year. The invention could transform rice farming by making it climate-friendly, besides using less of labour and other inputs. Sayantan Bera takes a close look. This episode is being hosted by Prasid Banerje..
Fri, November 25, 2022
Why Jet Airways 2.0 has yet to take off
Seventeen months since the National Company Law Tribunal approved the resolution plan for Jet Airways, the airline is yet to return to service. What’s preventing the airline, which was India’s second largest carrier until 2018, from taking off? Mint explores. This episode is being hosted by Prasid Banerjee.
Thu, November 24, 2022
What India gains from FTA with Australia
After 10 years of negotiations, India and Australia have finally agreed an interim free trade deal. The India-Australia Economic Cooperation and Trade Agreement (ECTA) is expected to double trade between the two countries in the next five years. Mint's Ravi Dutta Mishra lists the benefits. This episode is being hosted by Prasid Banerjee.
Wed, November 23, 2022
How does the new draft data protection bill affect you?
The government released the draft Digital Personal Data Protection Bill, 2022, for public consultation last week. The Bill, which seeks to govern and safeguard the use of personal data, sets out the rights and duties of users, and the obligations on businesses. Mint explains.
Tue, November 22, 2022
How America's friendshoring move can play out for India
The US is ‘friendshoring’, and a key beneficiary could be India. US treasury secretary Janet Yellen recently said that as the US tries to reduce risks to the supply chain, it is keen to deepen integration with trusted partners like India. Jagadish Shettigar and Pooja Misra explain the new term in town. This episode is being hosted by Prasid Banerjee.
Mon, November 21, 2022
First-ever carbon-neutral World Cup? Here's a fact check
The 2022 FIFA World Cup, which began in Qatar on Sunday, has drawn the attention of human rights and environmental groups globally. A claim by the host country is that the event is the first-ever carbon-neutral World Cup. But is it? Manjul Paul examines the promise This episode is being hosted by Prasid Banerjee
Fri, November 18, 2022
The importance of India’s first pvt space flight
India’s first private space mission christened Prarambh—by Skyroot Aerospace based in Hyderabad—is set for a 11:30 am launch today from Indian Space Research Organization’s (Isro’s) Satish Dhawan Launch Centre at Sriharikota. Mint's Shouvik Das explains the significance of the mission.
Thu, November 17, 2022
The diesel car is dying. Here’s why
From being one of the largest markets for diesel vehicles barely a decade ago, India’s share of diesel cars has slid to less than 20% and may shrink further when stricter emission norms kick in. Sumant Banerji charts the trend of decline in diesel car sales and the reasons that led to it.
Wed, November 16, 2022
5 questions over India's emission plan at COP27
India has submitted its long-term low-emission development strategy at COP 27, laying down the roadmap to achieve net zero carbon emissions by 2070. Rituraj Baruah explains. This episode is being hosted by Prasid Banerjee.
Tue, November 15, 2022
Making sense of rebound in credit disbursal
As the festive season kicked in and economic revival speeded up, loan demand rose. Credit growth to the industry has accelerated to 12.6% in September from 1.7% a year ago. Jagadish Shettigar and Pooja Misra explains. This episode is being hosted by Prasid Banerjee.
Mon, November 14, 2022
The Android of smart home ecosystems is here
After developing own smart home ecosystems for years, tech firms such as Apple and Google are joining forces to build Connectivity Standards Alliance. Mint's Shouvik Das explains. This episode is being hosted by Prasid Banerjee.
Thu, November 10, 2022
Why Indian regulators have stood up to an overbearing Europe
A crisis is brewing for European banks in India as there is a stand-off between the European securities market regulator and Indian regulators over allowing inspection and supervision of Indian counterparty clearing corporations (CCPs). Mint's Gopika Gopakumar explains in this episode. This episode is being hosted by Prasid Banerjee.
Wed, November 09, 2022
Air fares will soar as crimped supply chains drag down airlines
Airlines were preparing to deploy full capacity to cater to high demand in a post-covid world, but supply chain disruption has upset all calculations. This is set to impact airlines’ growth, especially in an emerging market such as India. Anu Sharma explains in this episode. This episode is being hosted by Prasid Banerjee.
Tue, November 08, 2022
How rising US bond yields affect economy in India
Should India worry as the gap between US and Indian bond yields narrow? Mint's Jagadish Shettigar and Pooja Misra explain in this episode. This episode is being hosted by Prasid Banejree.
Mon, November 07, 2022
A $100 billion question mark looms over COP27
Thousands have gathered for the 27th Conference of Parties of the United Nations Framework Convention on Climate Change (COP27) in Egypt. The next weeks present a chance for India to lead the developing world in demanding action on climate change. Shikha Bhasin explains in this episode. This episode is being hosted by Prasid Banerjee.
Fri, November 04, 2022
How America’s war on prices hammers the world
This is the fourth time the Fed raised the funds rate by 75 bps this year. What’s the Fed’s goal and what are its consequences? Mint's Vivek Kaul explains. This episode is being hosted by Prasid Banerjee.
Tue, November 01, 2022
What can scuttle the bull run in home sales?
Residential sales in top cities have seen a steady growth in the last two years in the aftermath of the pandemic. Will it last? Mint's Madhurima Nandy explains in this report. This episode is being hosted by Prasid Banerjee.
Mon, October 31, 2022
After Musk takeover, what’s next for Twitter?
Elon Musk has fired top executives, taken the company private and made promises about the platform’s path ahead. Mint's Prasid Banerjee explains what’s lies next
Fri, October 28, 2022
Does RBI need to listen to IMF on forex?
The IMF recently asked central banks of emerging economies to use their forex reserves prudently and allow the exchange rate to adjust. Mint's Jagadish Shettigar and Pooja Misra explain in their report.
Thu, October 27, 2022
Why Air Quality Index numbers are at odds
If you checked the AQI for your city the morning after Diwali on social media, you might have seen multiple numbers? Are all of them correct? Mint's Tanay Sukumar explains how to interpret them
Tue, October 25, 2022
Explaining the lure of gold in an uncertain world
Soaring prices, interest rates and the war in Europe have combined to turn the spotlight back on gold, which at ₹50,000 per 10 gm, is down 28.5% from its April high. In a post-covid world, gold retains its sheen as a hedge against inflation and a safe haven asset. Mint's Ram Sahgal explains. This episode is hosted by Prasid Banerjee
Fri, October 21, 2022
Why we must get private investments roaring again
The International Monetary Fund (IMF) and the World Bank have cut their economic growth projections for the world economy, and many countries including India. The World Bank stated that private investment growth in India is likely to be dampened. Mint analyses:
Fri, October 14, 2022
The trade gap challenge for policymakers
India’s current account deficit widened in Q1 FY23. The April-September 2022 period shows a further expansion of merchandise trade deficit. Mint's Jagadish Shettigar & Pooja Misra examines the causes and concerns. This episode is being hosted by Prasid Banerjee.
Thu, October 13, 2022
Why you aren’t getting 5G on your phone
Even though 5G network rollouts have started in India, phone users are wondering why their 5G-capable smartphones cannot access these new networks. Mint's Prasid Banerjee explains the reasons behind the delay and what measures the mobile makers are taking to speed up adoption.
Wed, October 12, 2022
The promise and perils of flex fuel vehicles
The auto sector is testing many new technologies to reduce carbon emissions. Flex fuel is one technology that has gained currency. On Tuesday, Toyota began pilot-testing its Corolla Altis flex fuel hybrid car in India. Mint's Sumant Banerji explains the potential of this technology This episode is being hosted by Prasid Banerjee.
Tue, October 11, 2022
Why Kerch Bridge attack means so much for Russia
An explosion on a Russian-built bridge connecting Crimea to Russian mainland threatens to escalate the war in Ukraine. Moscow has accused Kyiv of terrorism on the Kerch Bridge, a vital logistical asset damaged by truck bombing. Mint's Shashank Mattoo explains the latest event in the war. This episode is being hosted by Prasid Banerjee.
Fri, October 07, 2022
Will OPEC oil output cut pinch you at the pump?
OPEC oil supply cut will have ripple effects on the global as well as Indian economy. Mint's Rituraj Baruah explains. This episode is being hosted by Prasid Banerjee.
Tue, October 04, 2022
Has Ayushman Bharat lived up to its potential?
India has completed four years of Ayushman Bharat Pradhan Mantri-Jan Arogya Yojana (AB-PMJAY), the world’s largest public health insurance programme. What has the government’s flagship scheme achieved so far and what do we need from hereon? Mint explains.
Mon, October 03, 2022
How tokenization will change your online purchase
The RBI's deadline for tokenization of cards used in online payments passed on 30 September. What does tokenization mean and how does it work? Mint's Prasid Banerjee explains in this episode.
Fri, September 30, 2022
Why India wants desi navigation tech on phones?
India is reportedly applying pressure on phone-makers to integrate its home-grown navigation system called NavIC, a move that may increase costs for manufacturers. Mint explains why the government wants NavIC implemented, and why this is a sensible move. This episode is hosted by Prasid Banerjee.
Thu, September 29, 2022
Why the wait for new trade policy just got longer?
The Union government has extended the tenure of the Foreign Trade Policy (FTP) 2015-20 by another six months till March 2023. The move came as a surprise to exporters bracing for a recession in Europe and the US. Mint explains the background and logic of the decision. This episode is hosted by Prasid Banerjee.
Wed, September 28, 2022
How Italy’s far-right swing will sway the world
Italy has elected an ultra-conservative government, soon after the election in Sweden that saw an anti-immigration party making gains. Observers are wondering if Europe is seeing a new far-right wave. Mint's Shashank Mattoo explains the Italian polls and the implications for the world. This episode is being hosted by Prasid Banerjee.
Tue, September 27, 2022
Gameskraft and tax tangle of online gaming industry
A hefty tax notice served on gaming unicorn Gameskraft has unnerved the industry, and revived questions on the taxation of online gaming companies. Mint examines why the sector keeps running into these hurdles.
Mon, September 26, 2022
What’s lost, what’s gained in the RBI's battle for rupee?
As the US Federal Reserve fights decades-high inflation with higher interest rates, the rupee is depreciating against the dollar, prompting the Indian central bank to intervene in the forex markets to reduce volatility. Mint explains how RBI intervention works.
Fri, September 23, 2022
How bad is Putin’s long war for the world and Indian economy?
Russia’s partial mobilization of reservists, announced on Wednesday by President Vladimir Putin, makes it clear that the war in Ukraine is far from over. A renewed high-intensity conflict is bad news for the global and Indian economies. Mint explains
Thu, September 22, 2022
Why discoms are finally feeling the heat
Power distribution companies delaying payments to generating companies are now falling in line. Mint explores how things have changed.
Wed, September 21, 2022
The Klobuchar bill on Big Tech, and why it matters to India
On 13 September, a group of 13 companies urged the US Congress to approve a bill designed to rein in Big Tech firms. Dubbed the Klobuchar bill by many, it could be important not only to the US but to global antitrust regulators as well. Mint explains.
Mon, September 19, 2022
Why only 2 firms chose pre-pack insolvency resolution in a year?
India introduced the pre-packaged insolvency resolution process in April 2021 as an alternative process for MSMEs. However, it has only two cases admitted under it so far. Mint explores the reasons.
Thu, September 15, 2022
How the logistics policy will speed up lumbering freight sector
The government will announce the National Logistics Policy (NLP) on 17 September, aiming to bring down logistics costs and address challenges plaguing importers and exporters. Mint's Ravi Dutta Mishra and Subhash Narayan examine how the policy could accelerate freight movement. This episode is being hosted by Prasid Banerjee.
Tue, September 13, 2022
Are we ready for the switch from FASTags to GPS?
The road ministry’s technology-driven initiative has its own challenges. Are we prepared for the shift? Mint's Subhash Narayan explores this in his report. This episode is being hosted by Prasid Banerjee.
Mon, September 12, 2022
Does rise in consumer loans bring good tidings?
Demand for consumer and personal loans grew 18.8% in July. Is the consumption economy on the mend? Mint Jagadish Shettigar & Pooja Misra explains.
Fri, September 09, 2022
How to fix India’s competitive deficit?
Competitiveness Roadmap for India@100. It sets out the guidelines for India to become a $20 trillion economy in 25 years. Mint's Jagadish Shettigar & Pooja Misra decodes in their report. This episode is being hosted by Prasid Banerjee.
Thu, September 08, 2022
Russia snaps gas supply to Europe; should we worry?
On Friday, after months of tensions over the war in Ukraine, Russia’s state-owned energy giant Gazprom shut Nordstream 1, the key pipeline supplying gas to Europe, without indicating a date for resuming flows. Mint takes a look at the development and its impact.
Wed, September 07, 2022
Why it’s unwise to bank on airbags alone on roads
The tragic death of former Tata Group chairman Cyrus Mistry has refocused public attention on car safety features and passenger habits. The modern luxury car has numerous safety features. Are they enough to bring down fatalities? Mint’s Sumant Banerji explains in his report. This episode is hosted by Prasid Banerjee.
Tue, September 06, 2022
Will the surprise surge in auto part exports sustain?
India’s auto components sector has always imported more than it exported, leading to a trade deficit. For the first time ever, the industry saw a significant $700 million trade surplus in FY22. What led to this, and will the trend sustain? Mint explains.
Mon, September 05, 2022
How a slowing world hurts our exports sector
Worries of a recession in the West, and a prolonged lockdown in China, have begun impacting India’s exports. Official data shows exports in August fell from July and remained little changed from a year ago. Mint explains.
Fri, September 02, 2022
Is the latest GDP growth data an underestimate?
The Indian economy grew 13.5% in the June quarter, much lower than the central bank’s forecast of 16.2%. While a low base has made interpreting the data difficult, another factor may have led to a distortion: the government’s deflation method. Mint explains.
Wed, August 31, 2022
One factor that drags ease of doing business down
The ease of doing business in India remains low, dragged down by the way contracts are enforced in the country. Recent reforms have improved the business climate somewhat, but there is a long way to go. Mint's Jagadish Shettigar and Pooja Misra dig deeper into the issue. This episode is being hosted by Prasid Banerjee.
Tue, August 30, 2022
After Noida demolition, what remains to be cleaned up in real estate
The demolition of Supertech Ltd’s twin towers in Noida was a visual spectacle and may act as a deterrent for errant developers in some ways. However, it may take a long time to clean up the excesses of the past, particularly in the NCR. Mint's Madhurima Nandy explains. This episode is being hosted by Prasid Banerjee.
Mon, August 29, 2022
When AI makes art, what can go wrong?
Several new artificial intelligence (AI) driven services are letting anyone create art, and even sell them as NFTs (non-fungible tokens) online. Mint's Shouvik Das and Prasid Banerjee explain how they work, the scope of such services, and possible misuse. This episode is being hosted by Prasid Banerjee.
Fri, August 26, 2022
In Adani's NDTV bid hangs a cautionary tale
Did NDTV disclose the possibility that it could lose ownership of the shares? Mint's Jayshree P. Upadhyay takes a look in her report. This episode is being hosted by Alisha Sachdev.
Wed, August 24, 2022
Is the windfall for tech employees over?
Are the sunny days of multiple offers and big hikes over for employees as the tech sector faces a margin crunch? Mint's Devina Sengupta explains in her report. This episode is being hosted by Prasid Banerjee.
Tue, August 23, 2022
When pharma companies cross red lines
Marketing practices of pharma firms are under scrutiny after tax officials searched the premises of a drugmaker, and an association of medical representatives moved the Supreme Court alleging unethical marketing practices by drugmakers. Mint's Priyanka Sharma and Gireesh Chandra Prasad examine the issue in their report. This episode is being hosted by Prasid Banerjee.
Mon, August 22, 2022
What’s at stake in talks for a UK-India free trade pact
India and the UK recently concluded the fifth round of talks for a free trade agreement (FTA), designed to encourage trade and investment relations. Expectations are that an FTA will be signed by October 2022. Mint's Jagadish Shettigar and Pooja Misra explores in their report the ambit and potential of the India-UK FTA. This episode is being hosted by Prasid Banerjee.
Fri, August 19, 2022
Why is milk price on the boil despite falling inflation?
Milk prices are rising, as producers and marketers pass on higher costs to consumers. Amul and Mother Dairy raised milk prices by ₹2 each this week, the second such hike this year. Mint's Suneera explores in her report. This episode is being hosted by Prasid Banerjee.
Wed, August 17, 2022
Will India gain or lose from the China slowdown?
Worries of a sustained slowdown in China as a result of its zero-covid strategy are troubling policymakers and trade experts worldwide. Mint's Ravi & Dilasha Seth explores in her report. This episode is being hosted by Prasid Banerjee.
Tue, August 16, 2022
Why does RBI conduct Industrial Outlook Survey and how does it help policymaking?
The Reserve Bank of India’s latest Industrial Outlook Survey shows that despite input cost pressures, businesses are optimistic about demand, and business sentiments are positive. Why does RBI conduct this survey and how does it help policymaking? Mint explains.
Fri, August 12, 2022
How not to lose your airline bags amid 'airmageddon' ?
Air travel is facing a new crisis of delays, cancellations, and lost or delayed baggage, prompting Emirates to term the situation an ‘airmageddon’. The reason: A severe staff shortage at airlines and airports. This Mint Primer is written by Alisha Sachdev and presented by Prasid Banerjee explaining, what should you know before packing bags?
Thu, August 11, 2022
Challenges and opportunities before India's gold exchange
India is hoping to become a gold price-setter with the International Indian Bullion Exchange (IIBX), now open at the Gujarat International Finance Tech City (GIFT) - International Financial Services Centre. Mint's Jayshree P. Upadhyay explains in her report the challenges and opportunities before IIBX. This episode is being hosted by Prasid Banerjee.
Wed, August 10, 2022
The crypto route for money laundering
Money laundering is one of the key charges made by the Enforcement Directorate (ED) against crypto exchange WazirX. The ED isn’t the first agency to level such allegations against a crypto platform, despite blockchain’s inherent property of traceability. Tune in with Mint's Prasid Banerjee to know more.
Tue, August 09, 2022
The message from the call money market
The RBI has been tightening liquidity conditions to check inflation, which has driven call money rate above the repo rate. Mint's Jagadish Shettigar and Pooja Misra analyses the impact in their report. This episode is being hosted by Prasid Banerjee.
Mon, August 08, 2022
The unintended consequences of a trip to Taiwan
Rising friction between the US and China over Taiwan offers threats as well as opportunities. Mint's Dilasha Seth explores in her report. This episode is being hosted by Prasid Banerjee.
Fri, July 29, 2022
What’s next for India after Fed’s second big hike?
The US Federal Reserve on Wednesday raised its benchmark interest rate by another 75 basis points to cool scorching inflation. This was its second 75 bps hike in a row, and the fourth increase this year. Mint looks at what this rate hike means and its impact on the Indian economy.
Thu, July 28, 2022
Growth Engines Are Slowing, And We Are Not Alone
The International Monetary Fund (IMF) has sharply lowered India’s growth forecast for FY23 to 7.4%, in its World Economic Outlook update titled ‘Gloomy and More Uncertain.’ This Mint Primer is written by Dilsha Seth and hosted by Prasid Banerjee explaining the implications of slower trade growth.
Wed, July 27, 2022
How can humans deal with robots that hurt them?
A chess-playing robot that fractured a boy’s finger was apparently irked when the seven-year-old began playing without waiting for the machine to complete its move. While such incidents are rare, they only exacerbate our fear of robots. Mint examines the issue. This edition of Mint Primer is being written by Leslie D'Monte & hosted by Prasid Banerjee.
Tue, July 26, 2022
Are You Ready For Digital Banks?
Last week, federal think tank NITI Aayog released a report on digital banks, offering a template for their licensing in India. It said India already has a technology stack to facilitate digital banks. What purpose will these new banks serve, and are we ready for them? This Mint Primer is written by Gopika Gopakumar and hosted by Prasid Banerjee.
Mon, July 25, 2022
This New Infra Fund Is Just What Agri Sector Needs
A robust agriculture infrastructure is crucial to reduce post-harvest wastage that remains high in India. The new Agriculture Infrastructure Fund (AIF) has got investment proposals worth ₹23,000 crore, accelerating change in this direction. Mint decodes its benefits. This Mint Primer, is written by Jagadish Shettigar and Pooja Misra, and hosted by Prasid Banerjee.
Sat, July 23, 2022
How To Save Internet From Heat Waves?
On Tuesday, the cooling mechanisms of data centres used by Google and Oracle in London failed to withstand the heat wave. As climate gets warmer, data centres need to up their game. This Mint Primer is written by Leslie D'Monte, and hosted by Alisha Sachdev!
Thu, July 21, 2022
Why Big Tech and publishers make unhappy allies
Tech giants serve content owned by publishers and directly or indirectly monetise the resulting traffic while the publisher gets a little or inadequate share. The government is now examining this. Mint's Prasid Banerjee explains in this episode.
Wed, July 20, 2022
Will local battery research put out EV fires in India?
Ola Electric, the poster boy for India’s electric vehicle (EV) dreams, is going to spend $500 million in a research and development (R&D) facility for batteries. The question is whether R&D investments alone can mitigate the EV industry’s problems. Mint's Prasid Banerjee explains in this episode.
Tue, July 19, 2022
The business agenda at the monsoon session of Parliament
The monsoon session of Parliament began on Monday amid opposition protests on issues like inflation. The session has a hectic legislative agenda, but many controversial issues are expected to remain in the spotlight. Mint's Gireesh Chandra Prasad reports what to expect. This episode is being hosted by Mint's Prasid Banerjee.
Mon, July 18, 2022
Making Sense Of New ECB Norms
The Reserve Bank of India last week relaxed norms for companies raising external commercial borrowings (ECBs), as part of a set of measures to stem the slide in the rupee. This Mint Primer is written by Jagadish Shettigar, Pooja Misra, and hosted by Prasid Banerjee, explaining the logic and implications of the move.
Fri, July 15, 2022
What’s a kill switch? Is it always a bad idea?
The recent ‘Uber Files’ reveal that the company had deployed kill switches, purportedly to destroy sensitive data that could have been legitimately accessed by police and officials. But kill switches are also helpful tools. We explain how. This episode is being hosted by Mint's Prasid Banerjee and is being reported by Leslie D'Monte.
Thu, July 14, 2022
Behind the deep view of James Webb telescope
On Tuesday, the James Webb Space Telescope, the biggest telescope in space, sent back its first set of images. The JWST surpassed the iconic Hubble’s abilities, using cutting-edge technologies to give us the farthest, deepest and clearest views of the universe till date. This episode is being hosted by Mint's Prasid Banerjee and is being reported by Shouvik Das.
Wed, July 13, 2022
Why it’s time to worry about state finances?
State governments are confronting various fiscal risks, particularly heavy debt, says the Reserve Bank of India’s latest bulletin. The Centre too recently red-flagged states’ high off-budget borrowings and escalating power dues. Written by Jagadish Shettigar and Pooja Misraand and hosted by Prasid Banerjee, this Mint Primer analyses the implications.
Tue, July 12, 2022
Why RBI Has Opened Rupee Route For Foreign Trade?
The Reserve Bank of India on Monday introduced a rupee settlement system for international trade, which could help India promote its exports and facilitate trade with countries under sanction. This Mint Primer is written by Dilasha Seth and hosted by Prasid Banerjee, explaining the significance of the central bank's move.
Mon, July 11, 2022
The insider trading idea spooking MFs
The Sebi has proposed to include trading in mutual fund units under insider trading rules. The proposal, though well-intentioned, has worried many in the industry. In today's primer, Mint's Prasid Banerjee explains exactly why this is happening.
Fri, July 08, 2022
The Best Way To Invest In Gold
Amid high inflation and market volatility, many investors are turning to gold. Despite the spectacular rise and then fall of cryptocurrency, for a majority, it was gold that was always the answer to inflation. However, in the short term, gold can lag behind. Host Prasid Banerjee explains in this episode. Today's Primer is written by Mint's Neil Borate.
Thu, July 07, 2022
How EU Plans To Tame The Wild West Of Cryptos?
On 30 June, the European Parliament agreed upon a new law to regulate cryptocurrencies. The Markets in Crypto-Assets (MiCA) law is the first comprehensive regulation for cryptos, and some expect it to become a trendsetter for crypto regulation globally. Mint's Prasid Banerjee explains:
Wed, July 06, 2022
What explains the new windfall tax on crude oil?
On 1 July, the government imposed special additional excise duty of ₹23,250 per tonne on the sale of locally produced crude oil, sending stocks of oil producers tumbling. Here is what prompted the windfall tax, and its likely implications.
Tue, July 05, 2022
How will DESH boost Indian manufacturing?
The government plans to table the Development of Enterprise and Service Hubs (DESH) Bill in the monsoon session of the Parliament, which will overhaul the special economic zones (SEZ) legislation. Mint's Prasid Banerjee explains its significance. Today's Primer is written by Mint's Dilasha Seth.
Sun, July 03, 2022
Why India Keeps Buffer Stocks Of Key Food Grains?
The government maintains buffer stocks for commodities such as wheat and rice to supply its welfare schemes, ensure price stability, and guard against exigencies. However, these stocks have been depleting of late. Mint's Prasid Banerjee examines the implications.
Tue, June 28, 2022
The road ahead for GST as it completes 5 years
The Goods and Services Tax (GST) Council meets for two days from Tuesday as the landmark indirect tax reform completes five years. The meeting is crucial, coming at a time central and state governments are facing stiff fiscal challenges. Mint's Prasid Banerjee examines what the Council is up to:
Mon, June 27, 2022
What does our current account deficit show?
The data for the country’s current account balance for the fourth quarter of FY 2021-22 shows a decrease in the deficit to 1.5% of gross domestic product (GDP) from 2.6% of GDP in Q3 FY 2021-22. Mint's Prasid Banerjee analyses the situation in this episode.
Thu, June 23, 2022
How RBI's norms for prepaid cards impact fintechs
On Monday, the RBI said prepaid payment instruments (PPIs) must not be loaded through credit lines from non-bank lenders, sending the wallet and buy-now-pay-later industry into confusion. Mint explains the RBI circular and the impact on fintechs.
Tue, June 21, 2022
How the rupee’s slide will impact India’s economy?
Multiple forces have been pulling the Indian rupee down, including the exit of foreign portfolio investors, the rising cost of international crude oil prices, and a strong dollar. Mint's Prasid Banerjee explains the implications of the decline in the Indian currency.
Mon, June 20, 2022
Understanding India’s stand on IPR at the WTO
With WTO countries making progress on the patent waiver for covid vaccines last week, Mint examines how crucial it is to amend the WTO’s IPR (Intellectual Property Rights) norms in the post-pandemic world, keeping in mind the need for vaccines, therapeutics, and diagnostics.
Fri, June 17, 2022
Why Petrol Pumps Are Running Dry In Some States?
Several states are witnessing a shortage of fuel, leading to long queues at fuel stations and anxiety among consumers. Even though crude oil prices have crossed $120 per barrel, retail prices have not kept pace, affecting the financials of oil marketing companies. Tune in now as Mint's Alisha Sachdev examines!
Thu, June 16, 2022
What VPN Server Closures In India Mean For Users?
The Indian Computer Emergency Response Team’s (CERT-In’s) directive to virtual private network (VPN) providers to store user data on Indian servers has prompted many of them to shut their local servers. But what does this mean for users? Find out about it in this episode with Mint's Prasid Banerjee.
Wed, June 15, 2022
Is There A Cause For Worry If AI Turns Sentient?
When Google engineer Blake Lemoine said its AI model LaMDA had turned sentient or was self-aware, Google said it had found the claim hollow and baseless, sending him on ‘paid administrative leave. Mint's Prasid Banerjee explores the fear of AI and why tech companies react defensively.
Tue, June 14, 2022
The developed and developing world’s fight at WTO
Over 160 countries are taking part in the 12th ministerial meeting of the WTO at Geneva. And divergences between developed and developing countries may make it challenging for them to agree on issues plaguing the global economy. Mint's Prasid Banerjee explains in this episode.
Fri, June 10, 2022
The reasons behind linking UPI with credit cards
The RBI has proposed linking credit cards to the Unified Payments Interface (UPI), beginning with the National Payments Corporation of India’s (NPCI’s) RuPay credit cards. Is this a precursor to bringing Buy Now Pay Later (BNPL) services under regulatory fold? Find out with Mint's Alisha Sachdev!
Thu, June 09, 2022
What’s This News About A Wonder Drug Curing Cancer?
A trial on 18 colorectal cancer patients in the US found that cancer could be treated without chemotherapy or surgery. The world is sitting up and taking note of Dostarlimab, which has been called a wonder drug. Mint's Prasid Banerjee explains.
Wed, June 08, 2022
The impact of new social media rules
Proposed changes to rules governing social media platforms in India have created a flutter. Mint explains how the amendments create new grievance redressal measures for social media users while increasing the compliance burden on the platforms.
Tue, June 07, 2022
What The Latest Credit Disbursal Numbers Show?
The engines of growth are humming again; the rise in credit disbursement by banks in 2011-22, as well as in April 2022, reflects this. But what is fuelling this credit growth, and what could change the trend? Tune into this episode of Mint Primer, as Mint's Prasid Banerjee explores.
Mon, June 06, 2022
Why Are Front-Running Cases On The Rise?
In the recent past, India’s mutual fund industry has been hit by several charges of front-running. The Securities and Exchange Board of India (Sebi) has acted in three cases, including its ongoing investigation into Axis Mutual Fund. Mint explores the crisis.
Fri, June 03, 2022
Lessons From Sri Lanka’s Economic Crisis
With runaway inflation, unsustainable debt, and a hamstrung tourism sector, Sri Lanka’s economy is facing its worst crisis in over 70 years. Recently, the island nation lifted its state of emergency. Mint's Alisha Sachdev scans the road ahead.
Wed, June 01, 2022
The Story Behind The Big GDP-GVA Gap
Yet again, two measures of India’s economy— ‘gross value added’ and ‘gross domestic product’—have grown at widely different paces. While the change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint's Prasid Banjeree explains.
Tue, May 31, 2022
Why RBI is wary of large tech companies entering the finance sector?
The Reserve Bank of India has again said the entry of BigTech into the financial services space could have systemic risks. RBI plans to introduce policy measures for such companies and for digital banking. Mint takes a look at what it entails.
Sun, May 29, 2022
Can Apple bank on India to boost iPhone output?
The pandemic has nudged iPhone maker Apple to eye manufacturing its devices in India. However, the country’s production lines have only just begun ramping up. Does India have the production capacity to become an alternative for Apple? Mint explains.
Thu, May 26, 2022
Why small cars are driving out of buyers’ fancy
Small cars are the bread and butter to India’s leading automakers, such as Maruti Suzuki. Recently, the company’s chairman R.C. Bhargava said there was no more ‘butter’ in this segment, with only bread left behind. Why are small car sales falling? Mint explains:
Wed, May 25, 2022
Understanding The Sebi Rules On Passive Funds
The market regulator recently issued a circular on passive funds covering matters related to transparency, liquidity, and operational aspects of exchange-traded funds (ETFs) and index funds. These provisions will come into effect from 1 July. Mint decodes:
Tue, May 24, 2022
Should India be worried about monkeypox?
The world is facing a new medical challenge, the emergence of monkeypox. No case has been reported in India yet, but states and the central government are keeping a close watch on the situation. Mint talks about the outbreak and its implications.
Mon, May 23, 2022
What does India’s inequality report card tell?
Is inequality getting worse in India, and what does it mean for the poor in the country? These are some of the questions that arise following the release of the State of Inequality in India report by the Institute for Competitiveness. Mint examines the report’s findings.
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