Finance Minister Arun Jaitley. (Reuters)
Finance Minister Arun Jaitley. (Reuters)

RBI to consider early 28,000 crore dividend to government  

  • Any payout from RBI will help partly bridge the government’s budget gap in the year ending March
  • The government has budgeted for 28,000 crore in interim payment from the RBI

A woman walks past a signboard of DHFL. Photo: Reuters
A woman walks past a signboard of DHFL. Photo: Reuters

DHFL yet to decide on stake sale

  • Earlier this month, the home loan provider DHFL said it was keen to sell assets
  • Shares of DHFL rose as much as 7% in early trade on Monday after a media report of alleged stake sale

 (Reuters)
(Reuters)

A year after India's biggest bank fraud, PNB on road for annual profit  

  • PNB is expected to clock a net profit of 22.66 billion for the year ending March 2020, which would be its highest annual profit in 5 years
  • PNB's loan growth is estimated to be 8.33% for fiscal 2020, its highest in 4 years

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 (Photo: AFP)
(Photo: AFP)

‘Make in India’ has not eased manufacturing woes

  • Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector
  • One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country

Given the uncertainties around the issue, investors in open-ended schemes should consider exiting (Reuters)
Given the uncertainties around the issue, investors in open-ended schemes should consider exiting (Reuters)

Lenders’ lifeline for Essel may hurt MF investors

  • Sebi is said to have stepped in to nix a safety net stitched together by lenders to the Essel group
  • Investments in debt securities of companies that are generating cash flow may not be at risk from this event

Representative Image. Photo: iStock
Representative Image. Photo: iStock

Mid-cap IT stocks feel the heat as investors do a reality check

  • Headwinds emanating from a slowdown in the US, trade wars and uncertainty concerning Brexit other key issues
  • Only a few mid-tier IT companies have been consistent in performance, leaving investors in the lurch

The logo of Mahindra and Mahindra is seen at a showroom in Mumbai. (Reuters)
The logo of Mahindra and Mahindra is seen at a showroom in Mumbai. (Reuters)

Tech Mahindra nears 52-week high as board mulls share buyback  

  • Tech Mahindra shares rose nearly 3% to 822 today
  • Earlier this month, Tech Mahindra had posted a better-than-expected third-quarter net profit

 Eligible subscribers can enrol by visiting their nearest common service centres. Photo: Mint (Mint)
 Eligible subscribers can enrol by visiting their nearest common service centres. Photo: Mint (Mint)

Informal sectors workers can start enrolling for 3,000 monthly pension scheme

  • Each subscriber under this scheme will receive a minimum assured pension of 3,000 per month
  • PM-SYM is a voluntary and contributory pension scheme on a 50:50 basis

 (iStock)
(iStock)

Notional rent: How to calculate it and how much tax do you pay?

  • Notional rent was introduced to discourage taxpayers from leaving houses vacant and create supply of properties for tenants
  • Notional rent is calculated using the concepts of fair rent, municipal value and standard rent. You are allowed to deduct municipal taxes 

Cognizant India asked L&T in 2014 to pay $2 million in bribes to a senior government official for the issuance of a planning permit for its campus in Knowledge Industry Township in Chennai.
Cognizant India asked L&T in 2014 to pay $2 million in bribes to a senior government official for the issuance of a planning permit for its campus in Knowledge Industry Township in Chennai.

Cognizant used L&T to bribe govt officials in India

  • Cognizant routed $3.64 million through L&T for bribes to officials in Maharashtra and Tamil Nadu
  • Coburn resigned after the firm told US officials that some payments made in India could have breached the law

Representative image. Photo: Reuters
Representative image. Photo: Reuters

Pulwama attack mastermind reportedly killed by security forces

  • Top Jaish-e-Mohammad (JeM) commander Kamran is believed to have masterminded the attack
  • Four Indian Army soldiers, including a Major-rank officer, were killed in an overnight encounter with the JeM terrorists 

The base variant of iPhone XS Max with 64GB internal storage has received a discount of  ₹5,000, bringing its price down from  ₹109,900 to  ₹104,900.  (Reuters)
The base variant of iPhone XS Max with 64GB internal storage has received a discount of 5,000, bringing its price down from 109,900 to 104,900.  (Reuters)

Amazon Apple Fest: iPhones, MacBooks, iPads available at discounted prices

  • Apple iPhones are available in the sale with discounts up to 16,000
  • The cheapest deal in the sale is the 2018 Apple iPad (Wi-Fi/32GB storage) starting at 25,999

Oppo F11 Pro will sport a pop-up motorised slider selfie camera mechanism.
Oppo F11 Pro will sport a pop-up motorised slider selfie camera mechanism.

Oppo F11 Pro with pop-up selfie camera, 48MP primary sensor teased

  • The Oppo F11 Pro will sport a motorised pop-up selfie camera along with a rear camera module which includes a 48MP sensor
  • Oppo previously launched the F9 and F9 Pro in the series last year

The Singh brothers—Shivinder and Malvinder. Photo: HT
The Singh brothers—Shivinder and Malvinder. Photo: HT

Malvinder accuses spiritual guru of siphoning off funds

  • Documents show that Singh reached out to Babaji, as Dhillon is called, to “resolve” financial matters
  • The emails show that the Singh brothers had given financial advances to the guru

Finance Minister Arun Jaitley (L) with RBI Governor Shaktikanta Das seated next to him at the RBI Board Meeting in New Delhi today. (Pradeep Gaur/Mint)
Finance Minister Arun Jaitley (L) with RBI Governor Shaktikanta Das seated next to him at the RBI Board Meeting in New Delhi today. (Pradeep Gaur/Mint)

RBI Governor to meet bank chiefs on interest rate transmission

  • Finance minister Arun Jaitley today chaired RBI's board meeting
  • RBI Governor Shaktikanta Das said he can’t prejudge what the central board will decide on interim dividend

The Samsung Galaxy M30 will boast a SuperAMOLED display panel and a triple camera setup.
The Samsung Galaxy M30 will boast a SuperAMOLED display panel and a triple camera setup.

Redmi Note 7 rival Samsung Galaxy M30 to launch on February 27

  • The Samsung Galaxy M30 will be a sub- 15,000 smartphone aimed directly at the Redmi Note 7 and Mi A2
  • The Samsung Galaxy M30 will sport a new triple camera setup at the back, 5000mAh battery and an Exynos 7904 SoC with up to 6GB RAM

 The Ranveer Singh and Alia Bhatt-starrer made  ₹71.25 crore over its four-day opening weekend. (IANS)
 The Ranveer Singh and Alia Bhatt-starrer made 71.25 crore over its four-day opening weekend. (IANS)

‘Gully Boy’ opens big in metros

  • The Ranveer Singh and Alia Bhatt-starrer made 71.25 crore over its four-day opening weekend
  • ‘Gully Boy’ is also making the right noise overseas

Reliance Communications shares surged over 15% today
Reliance Communications shares surged over 15% today

Anil Ambani group firms surge after agreement with lenders on pledged shares

  •  The group will pay the principal and interest amount to the lenders as per the scheduled due dates
  • It has also appointed investment bankers for part-placement of the group's direct 30% stake in Reliance Power to institutional investors

On Friday, BSE Sensex registered its seventh consecutive fall.
On Friday, BSE Sensex registered its seventh consecutive fall.

Sensex extends fall to eighth day; TCS, RIL drag

  • Nifty could not hold on to the 10,650 level
  • Auto, FMCG and IT stocks led the decline

No-claim bonus in motor insurance is not insurer specific, can be easily ported

  • In a standard health insurance policy, physiotherapy is covered as a post-hospitalisation expense. Most insurers allow up to 60 days of post-hospitalisation expenses. 
  •  If a child starts earning, she no longer qualifies for coverage within family floater

 (iStock)
(iStock)

Should you take a home loan now or wait for another rate cut?

  • Decline in inflation and core basket has led to expectations of another rate cut in the policy review in April
  • Consumers should know that loans like home loans are on a floating rate and the rates are reset periodically, every 3-6 months, so the cost of borrowing tends to even out

 (Mint)
(Mint)

Tax ombudsmen abolished: Experts raise concern

  • In the absence of the tax ombudsmen, taxpayers should be alert to the structure of the available alternative grievance systems and their limitations
  • Govt said the number of new complaints had fallen to single digits, implying that fewer aggrieved taxpayers were approaching these agencies

 (Mint)
(Mint)

Top performing NPS schemes: Here is a comparison

  • NPS is a market linked, defined-contribution product that needs you to invest regularly in the funds of your choice
  • Here is a breakdown of the performance of different funds of the private sector NPS.

 (iStock)
(iStock)

Opinion | Why you should insure yourself against cancer

  • The quality of insurance plans that cover cancer is uniformly good in India
  • A study by EY suggests that in 75% of homes in India, the treatment cost of cancer is more than the annual income

 (iStock)
(iStock)

Gift of money to son should be documented

  • Transfers of a property as a gift or under a Will, will not have any tax implications for both of you
  • If your father transfers the flat to you, as a sale, the resultant gain/loss would be taxable in his hands as LTCG/LTCL, as the flat has been held for over 24 months

 (Reuters)
(Reuters)

Air India Express launches international operations from Surat

  • With this, Surat has become the 20th destination in the country for the international budget arm of the flag carrier Air India
  • Air India Express will fly four times a week on the new route

 (Reuters)
(Reuters)

Yes Bank shares falls sharply as RBI censures selective disclosure

  • The risk assessment report on Yes Bank prepared by RBI identified several lapses and regulatory breaches
  • RBI called the disclosure a “deliberate attempt” to mislead the public

On the back of Organization of the Petroleum Exporting Countries (OPEC)-led supply cuts and US sanctions on Iran and Venezuela, oil prices rose to their highest levels since November last year. (Reuters)
On the back of Organization of the Petroleum Exporting Countries (OPEC)-led supply cuts and US sanctions on Iran and Venezuela, oil prices rose to their highest levels since November last year. (Reuters)

Diesel price rose by 40 paise while petrol went down by 3 paise this month  

  • Since the beginning of this month, petrol has fallen by 3 paise while diesel has increased by 40 paise
  • Prices of both petrol and diesel have fallen by more than 5 each in the last 3 months

 (Ramesh Pathania/Mint)
(Ramesh Pathania/Mint)

Hartal in Kerala after two Congress workers hacked to death

  • The duo, Kripesh (19) and Sharat Lal (21), were returning home when they were attacked
  • The Congress alleged that local members close to the ruling Communist Party of India (Marxist) carried out the attack

 (Mint)
(Mint)

Nestle India reports a 9.6% jump in December quarter profit

  • In the year ago period Nestle India posted a profit of 311.8 crore
  • Nestle India posted a 12% jump in total income at 2972.5 crore up from 2,652 crore

Paytm CEO Vijay Shekhar Sharma. The firm expects its loss to surge to around  ₹2,100 crore for the year ending 31 March 2020. (Pradeep Gaur/Mint)
Paytm CEO Vijay Shekhar Sharma. The firm expects its loss to surge to around 2,100 crore for the year ending 31 March 2020. (Pradeep Gaur/Mint)

Paytm sees its losses surging in 2019-20

  • Paytm’s growing losses have been attributed to the parent’s emphasis on expansion to take on rivals in the e-comm space
  • Paytm expects its loss to surge to around 2,100 crore for the year ending 31 March 2020

Is the govt making enough money from its PSEs? 

  • Top 5 most profitable companies made around 43.3% of the total profit made by the PSEs
  • 174 of the 184 profitable firms contributed around 38% of the profit in 2017-18

Prime Minister Narendra Modi.
Prime Minister Narendra Modi.

Opinion | To challenge BJP, oppn must cross several hurdles

Whenever a party focuses on its political interests in its home state, the game changes

Adani, GMR bid for 6 non-metro airports listed for privatization

  • The Airports Authority of India received a total of 32 bids in the latest round of airport privatization
  • Crisil had said that it expects the development of these six airports to attract potential investments worth $1.4 billion

Saudi Arabia Crown Prince Mohammed bin Salman. (Reuters)
Saudi Arabia Crown Prince Mohammed bin Salman. (Reuters)

Terrorism, energy pact on India’s agenda during Saudi prince visit

  • India will be looking for some ‘strong language’ on terrorism in the joint statement with Saudi Arabia
  • New Delhi has also been hoping for investment from Saudi Arabia in its National Investment and Infrastructure Fund

Peter Sands, executive director of Global Fund to Fight AIDS, Tuberculosis and Malaria.  (Photo: Bloomberg)
Peter Sands, executive director of Global Fund to Fight AIDS, Tuberculosis and Malaria.  (Photo: Bloomberg)

India’s goal of ending TB by 2025 will be a tough task, says Global Fund 

  • India has shown remarkable leadership in acknowledging that there is a big problem with TB
  • India is critically important to the global fight against diseases, but particularly TB

A file photo of the Saarc summit in Kathmandu. (Photo: Reuters)
A file photo of the Saarc summit in Kathmandu. (Photo: Reuters)

Saarc nations may not agree on India’s efforts to isolate Pakistan

  •  It is unlikely that India will be able to convince all the members to take action against Pakistan
  • Pakistan was temporarily suspended in 2007 from the membership of the Commonwealth grouping

Why blockchain has caught the fancy of IIT-B

  • Blockchain is no longer just about cryptocurrencies. It is being used by healthcare, electricity firms, and others 
  • IIT-B is already piloting a blockchain solution christened

 (Reuters)
(Reuters)

Gold at two-week high on trade deal hopes; palladium peaks

  • US gold futures rose 0.4 percent to $1,327.8 an ounce
  • Palladium hit a record high of $1,449 an ounce and stayed in a broad $20 range in early trade

Dailyhunt’s Virendra Gupta. (MInt)
Dailyhunt’s Virendra Gupta. (MInt)

Goldman Sachs unit set to lead $60 million funding in Dailyhunt

  • In recent months, Indian content startups have faced stiff competition from well-funded Chinese firms
  • There is a huge potential for adoption of social media via mobile

Rupee had closed at 71.23 a dollar on Friday
Rupee had closed at 71.23 a dollar on Friday

Rupee edges lower against US dollar

  • Oil prices have risen to over 3-month highs
  • Most Asian currencies were higher against US dollar

Pakistan high commissioner Sohail Mahmood
Pakistan high commissioner Sohail Mahmood

Pakistan calls back high commissioner to India amid tension over Pulwama attack

  • 'We have called back our high commissioner in India for consultations,' said Pakistan
  • New Delhi had called back its high commissioner to Islamabad Ajay Bisaria on Friday

 (Reuters)
(Reuters)

Oil hits 2019-high on OPEC cuts, US sanctions on Iran and Venezuela

  • International Brent crude futures hit a 2019-high of $66.61 per barrel early on Monday
  • US West Texas Intermediate (WTI) crude oil futures hit $56 per barrel for the first time this year

 (Photo: Mint)
(Photo: Mint)

Airlines escape crash landing in Oct-Dec, clearer skies ahead

  • Carriers post better than expected performance despite costlier fuel and a fall in passenger load factors
  • Improving pricing at a time when load factors have dropped suggests that the quality of air traffic has improved

Ashish Dave, head of India investments, Mirae Asset Global Investments
Ashish Dave, head of India investments, Mirae Asset Global Investments

We’re very upbeat on Indian venture space: Mirae Asset

  • We do not see growth capital funds as competitors, but as collaborators, says Mirae’s Ashish Dave
  •  It’s not about less competition, but growth capital is a critical element in any venture ecosystem

Indian soldiers examine the debris after an explosion in Lethpora in south Kashmir's Pulwama . (Photo: Reuters)
Indian soldiers examine the debris after an explosion in Lethpora in south Kashmir's Pulwama . (Photo: Reuters)

Opinion | Pakistan playbook poised for a reset after Pulwama

Indian response to terrorism has escalated, especially in the tenure of this government

PM Modi said he shared the pain of the people following the killing of the paramilitary personnel. (PTI)
PM Modi said he shared the pain of the people following the killing of the paramilitary personnel. (PTI)

Security cover for separatists revoked

  • Other govt facilities to Mirwaiz Farooq, Abdul Ghani Bhat, Bilal Lone, Hashim Qureshi and Shabir Shah also withdrawn
  • Home ministry and CRPF issue advisory to state governments to protect people of Jammu and Kashmir, especially students

Brick-and-mortar retailers are loss-making as a result of fierce online competition. (Bloomberg )
Brick-and-mortar retailers are loss-making as a result of fierce online competition. (Bloomberg )

The fallout of price discounting is bad news for all stakeholders

  • Brick-and-mortar relied on imperfect, or limited, information, but a positive shopping experience
  • Online retailing can only compete on pricing, hoping to generate brand loyalty from consumers for whom loyalty is a secondary consideration

Shiv Sena chief Uddhav Thackeray.  (Mint)
Shiv Sena chief Uddhav Thackeray.  (Mint)

BJP likely to announce tie-up with Shiv Sena today

  • BJP president Amit Shah is in Mumbai and is likely to announce the tie-up along with Shiv Sena chief Uddhav Thackeray
  • The Lok Sabha elections might see the BJP contesting 25 of the 48 seats in Maharashtra, while the Sena will contest the rest

(From left) Bhanu Chopra, CEO and founder, RateGain; Neel Juriasingani, CEO and co-founder, DataCultr. 
(From left) Bhanu Chopra, CEO and founder, RateGain; Neel Juriasingani, CEO and co-founder, DataCultr. 

Solving enterprise problems using Cloud and IoT

  • RateGain uses AI and machine learning to provide real-time intelligence and self-learning recommendations
  • We profile two enterprise tech startups that are using software as a service

Photo: Ramesh Pathania/Mint
Photo: Ramesh Pathania/Mint

Opinion | A farce called objectivity is dead, and that’s great

In the perception of the general public, objectivity is dead, chiefly in journalism

The i4 openness is what makes India stand out as an emerging economy. Photo: iStock
The i4 openness is what makes India stand out as an emerging economy. Photo: iStock

Opinion: What industry 4.0 means for corporation

Robotics, AI can enable customer services 24x7 from govt agencies

 (iStock)
(iStock)

Opinion | The seductive illusion of hard work

  • Hard work has always been romanticized but never as much as it is nowadays
  • Hard work and success are most certainly correlated but people are misguided if they think hard work alone can lead to success

Illustration: Jayachandran/Mint
Illustration: Jayachandran/Mint

Opinion | Airlines’ refund policy is all but guest-friendly

At a time when the government is subsidizing flights to help the common man fly, a parallel system that makes cancellation and rescheduling a revenue-earning tool should be nixed

Daniel Dines, Chief executive officer and founder at UiPath 
Daniel Dines, Chief executive officer and founder at UiPath 

RPA is about taking robot out of humans: Daniel Dines

  • In RPA, software robots mimic and integrate human actions within digital systems to optimize business processes 
  • A process would need lesser people to handle when RPA is applied. But it does not automatically render workers jobless

iStockphoto
iStockphoto

Opinion | The laws governing cyberspace have got a lot scarier

Rising instances of cyberattacks suggest that we might be accepting a world of endless warfare

Nestlé India serves up a profit miss as selling expenses mount in Q3

  • Sales have been particularly strong in prepared dishes, beverages, chocolates and milk products
  • The pleasant news is that the company’s revenue growth continues to be in double digits

Tanvi Vyas lives at CoHo in Gurugram
Tanvi Vyas lives at CoHo in Gurugram

Co-working to co-living, millennials share it all

  • To avoid nosy landlords, errant maids and housework, millennials prefer co-living rather than renting
  • Not being fixated on permanent roommates helps people to learn new things and can be great for introverts 

 (Photo: Pradeep Gaur/Mint)
(Photo: Pradeep Gaur/Mint)

GST compliance: Govt plans to go easy on businesses till polls

  • Easing anti-evasion measures comes in the backdrop of lower indirect tax mop up in the current fiscal
  • Experts said it was only a matter of time before central and state authorities went on a drive against tax evasion