A file photo of commuters in a train in Lisbon, Portugal. The European Commission is calling for nothing short of a European common data market, like its economic common market (Photo: Alamy)
A file photo of commuters in a train in Lisbon, Portugal. The European Commission is calling for nothing short of a European common data market, like its economic common market (Photo: Alamy)

What India can learn from EU’s data dreams

Europe has unveiled a startup-fuelled plan to take on US and Chinese dominance in data. India must tune in

The best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream
The best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream

Mint Annual Banking Conclave: Discussing the $5 trillion economy challenge

As the country is working towards achieving the $5 trillion economy set forth by Prime Minister Narendra Modi, there are several challenges in place. At the Mint Annual Banking Conclave, the best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream, while battling numerous risks, challenges and global volatility.

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Shaktikanta Das
US President Donald Trump and his wife Melania Trump arrive at Delhi's Palam Air Force Station (Photo: Pradeep Gaur/Mint)
US President Donald Trump and his wife Melania Trump arrive at Delhi's Palam Air Force Station (Photo: Pradeep Gaur/Mint)

Donald Trump in India: US President says PM Modi is a 'tough negotiator'

  • After visiting Taj Mahal and addressing a huge gathering in Ahmedabad, Trump reached New Delhi on Monday evening
  • Trump will be accorded a ceremonial welcome at the Rashtrapati Bhavan on Tuesday morning. Trump will also pay tributes to Mahatma Gandhi at Rajghat

Harvey Weinstein, former co-chairman of the Weinstein Co., center, arrives with his attorney Donna Rotunno, left, at state supreme court in New York. (Bloomberg)
Harvey Weinstein, former co-chairman of the Weinstein Co., center, arrives with his attorney Donna Rotunno, left, at state supreme court in New York. (Bloomberg)

Harvey Weinstein found guilty in landmark #MeToo moment

  • Harvey Weinstein was found guilty of criminal sex act for assaulting production assistant Mimi Haleyi at his apartment in 2006 and third-degree rape of a woman in 2013
  • The jury of seven men and five women took five days to find him guilty

Vodafone Idea is the worst hit by the verdict and is on the brink of collapse (Pradeep Gaur/Mint)
Vodafone Idea is the worst hit by the verdict and is on the brink of collapse (Pradeep Gaur/Mint)

DoT asks telcos for documents supporting AGR math

  • Telecom operators are scrambling to pay dues after the SC pulled up telcos and government officials for failing to comply with its verdict
  • The SC order dealt a massive blow to the telecom industry, which argued that AGR should only include revenue from core telecom operations

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Shaktikanta Das also said that slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take.
Shaktikanta Das also said that slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take.

Banks must prepare themselves against impact of coronavirus: RBI governor

  • Das says a slowing global growth would add to the stress on the Indian corporate balancesheet and thereby on banks
  • RBI governor also says slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take

Pedestrians wear protective face masks as they walk near Duomo cathedral in Milan, Italy (Photo: Bloomberg)
Pedestrians wear protective face masks as they walk near Duomo cathedral in Milan, Italy (Photo: Bloomberg)

Dow futures drop over 750 points as coronavirus cases outside China surge

US stock index futures slid, with S&P 500 March contracts down 2.5% at 7:39 am in New York, after a raft of new coronavirus cases in numerous countries outside China renewed concern about the ability of the illness to spread

Berkshire Hathaway Chairman Warren Buffett. (REUTERS)
Berkshire Hathaway Chairman Warren Buffett. (REUTERS)

Warren Buffett calls coronavirus outbreak 'scary stuff'

  • Warren Buffett said Berkshire over the long term is unlikely to be in the top 15% or bottom 30% of stocks, but will outperform in down markets
  • Warren Buffett, however, said long-term investors should not get caught up in daily headlines

Photo: Mint
Air India is one of the important divestment target for the current fiscal to reach the huge  ₹2.1 lakh crore target. (Mint )
Air India is one of the important divestment target for the current fiscal to reach the huge 2.1 lakh crore target. (Mint )

DIPAM extends time for clarifications on Air India divestment

  • Of the total debt of 60,074 crore as of March 31, 2019, the buyer would be required to absorb 23,286 crore
  • Air India is one of the important divestment target for the current fiscal to reach the huge 2.1 lakh crore target

The Galaxy S20+ runs Android 10 with Samsung’s proprietary One UI 2.1 on top (Bloomberg)
The Galaxy S20+ runs Android 10 with Samsung’s proprietary One UI 2.1 on top (Bloomberg)

Samsung Galaxy S20+ first impressions

  • Despite the big screen and a 4,500mAh battery inside, the Samsung Galaxy S20+ is quite compact and handy to use
  • The phone has a 64MP telephoto camera, 12MP ultra wide, 12 MP wide angle and depth vision camera

RBI governor Shaktikanta Das addressing the 13th Mint Annual Banking Conclave.
HUL sells popular brands such as Dove, Surf Excel, and Kissan sauce.. Photo: Reuters
The Nokia 9 PureView is powered by a Qualcomm Snapdragon 845 processor paired with 6GB RAM, 128GB internal storage
Photo: Pradeep Gaur/Mint
Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai.  (ANI )
Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai. (ANI )

Mukesh Ambani sees online gaming as next big thing in India

  • Mukesh Ambani said gaming doesn’t really exist in India and sees a huge opportunity with increasing broadband connectivity
  • Mukesh Ambani’s interest in gaming comes at a time when the country is witnessing the growth of online fantasy sports leagues

Streaming service Gaana dominated the market with a 30% share, followed by JioSaavn (24%), Wynk Music (15%), Spotify (15%).
Streaming service Gaana dominated the market with a 30% share, followed by JioSaavn (24%), Wynk Music (15%), Spotify (15%).

Mumbai and Delhi stream more music than any other Indian city

  • People in Mumbai spend more time listening to music, followed by Delhi, Bengaluru and Hyderabad
  • About 13 million adults listened to an audio streaming app during the month, with an average person spending 65 minutes a day listening to music

Photo: Reuters
Photo: Reuters

Sebi reviews margin framework for cash, derivatives segments

  • The move has been taken to keep pace with the changing market dynamics and to bring more efficiency in the risk management framework
  • With regard to margin framework for the cash market, Sebi has divided value at risk margin rates in three categories based on liquidity

US President Donald Trump and first lady Melania Trump pose as they tour the historic Taj Mahal, in Agra. (REUTERS)
US President Donald Trump and first lady Melania Trump pose as they tour the historic Taj Mahal, in Agra. (REUTERS)

Donald Trump visits Taj Mahal, says America loves India

  • Taj Mahal, considered one of the seven wonders of the world, stands on the bank of Yamuna, and is always high on the itinerary of visiting heads of state
  • President Trump and the First Lady held hands as they strolled at the Taj complex

Pedestrians wearing protective face masks pass the Teatro della Scala opera house, closed due to efforts to contain the coronavirus, in Milan, Italy.  (Bloomberg)
Pedestrians wearing protective face masks pass the Teatro della Scala opera house, closed due to efforts to contain the coronavirus, in Milan, Italy. (Bloomberg)

Coronavirus pushes beyond Asia, taking aim at Europe, Mideast

  • China reported 409 new cases of the illness on Monday, raising the mainland's total to 77,150
  • Worldwide, the number of people sickened by the coronavirus topped 79,000, and wherever it sprung up, officials rushed to try to contain it

Photo: PTI
A maze of crude oil pipes and valves. (REUTERS)
(Photo via treebo.com)
US Federal Communications Commission Chairman Ajit Pai. (AP)
US President Donald Trump gestures next to first lady Melania Trump as they tour the historic Taj Mahal, in Agra. (REUTERS)
US President Donald Trump gestures next to first lady Melania Trump as they tour the historic Taj Mahal, in Agra. (REUTERS)

Roads leading to ITC Maurya fortified, hotel put under heavy security cover

  • Delhi Police is also working in close coordination with civic bodies
  • The entry and exit to the hotel is being strictly monitored by security agencies and it has not taken any bookings till Trump is in Delhi

Office workers wearing protective face masks take their lunch break in Beijing,  (AP)
Office workers wearing protective face masks take their lunch break in Beijing, (AP)

Amid coronavirus fears, even a haircut is a major operation

  • Just 130 Beijing barbershops were allowed to open by Monday, only a tiny fraction of the more than 20,000 that usually operate across Beijing
  • Customers must maintain a distance of no less than 1.5 meters (5 feet) between chairs — that is, if they manage to make an appointment

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Microsoft Corporation CEO Satya Nadella (Reuters)
Refiners in India rarely get the opportunity to buy suitable grades from areas like the Mediterranean and Latin America due to higher freight rates (Photo: Bloomberg)
Refiners in India rarely get the opportunity to buy suitable grades from areas like the Mediterranean and Latin America due to higher freight rates (Photo: Bloomberg)

Indian refiners get rare oil cheap as China demand slows owing to coronavirus

  • BPCL will receive a million barrels each of Brazil's Sapinhoa and Mediterranean CPC blend in April
  • Asia's spot premiums for West Asian, Russian, West African and Brazilian crude have all dropped this month with grades favoured by Chinese buyers, such as ESPO, Lula and Angolan, hurt the mos

All sectoral indices were in the red. (Photo: Aniruddha Chowdhury/Mint)
For 70 years, the profession of audit has been governed by the Chartered Accountants Act of 1949 and regulated by the Institute of Chartered Accountants of India.
Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai on Monday (ANI )
Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai on Monday (ANI )

New India welcomes Donald Trump in 2020: Mukesh Ambani

  • Trump and family received a rousing welcome from an estimated 1.10 lakh people at the Motera stadium
  • Ambani said that Motera stadium is a shining example of how India is progressing ahead

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The Realme X50 Pro comes in three memory variants (Realme India)
After crossing  ₹30,000 rupees per gram in 2012, it stayed relatively flat for nearly 7 years.
After crossing 30,000 rupees per gram in 2012, it stayed relatively flat for nearly 7 years.

A bit of gold can help reduce volatility

  • Investment in gold versus equity can reduce your overall portfolio returns, but it also helps check volatility. Experts suggest 5-10% allocation to gold
  • Gold has a low to negative correlation with equity, which makes it a good portfolio diversifier

The UK has long relied on imported labor for jobs such as construction, agriculture and social care, and many firms are ill-prepared for the change
The UK has long relied on imported labor for jobs such as construction, agriculture and social care, and many firms are ill-prepared for the change

UK's new immigration system: Who benefits, who loses from the new visa system

  • the U.K. government is proposing using a scorecard system to favor skilled people coming to the country
  • Among the EU nationals currently in Britain, 70% wouldn’t make the cut under the new rules

Plain Facts
CEO Microsoft Satya Nadella speaks during Microsoft Mumbai CEO Summit (PTI)
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Mark to Market
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Gold rates today: Prices today jumped beyond  ₹43,000 per 10 gram
Photo: Reuters
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