Sachin Bansal has also backed several tech startups across sectors.
Sensex edges higher in early trade
Modi and his Finance Minister Nirmala Sitharaman have separately held meetings with dozens of economists to hear views on measures needed to solve the growth slowdown puzzle.
Modi and his Finance Minister Nirmala Sitharaman have separately held meetings with dozens of economists to hear views on measures needed to solve the growth slowdown puzzle.

Budget 2020: The top 5 officials working behind the scenes on Modi govt’s budget

  • Nirmala Sitharaman will deliver her budget speech on February 1
  • Here’s a look at five key people in the govt who are working behind the scenes to draw up the income-and-spending plan

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A medical official takes the body temperature of a man at the departure hall of the airport in Changsha, Hunan Province.  (Reuters)
A medical official takes the body temperature of a man at the departure hall of the airport in Changsha, Hunan Province. (Reuters)

Coronavirus: Death toll crosses 100, global stocks tumble, US issues advisory

  • Global stocks fell, oil prices hit three-month lows, and China's yuan dipped to its weakest level in 2020
  • The health commission of China's Hubei province said on Tuesday that 100 people had died from the virus

Nexon EV
Investors are sure to note that HDFC’s loan growth is improving but they would want to wait and see the impact on asset quality going ahead (Photo: Bloomberg)
Investors are sure to note that HDFC’s loan growth is improving but they would want to wait and see the impact on asset quality going ahead (Photo: Bloomberg)

Beyond net profit, HDFC cheers on growth but shows some stress in Q3

  • Loan book growth in the December quarter seems to have increased from the previous quarters
  • What should worry investors is the beef-up in provisions, which spiked  to   2,995 cr in Q3, from 116 cr a year ago

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Rakesh Jhunjhunwala holds a 24.24% stake in Aptech, valued at about  ₹160 crore (Photo: Reuters)
Rakesh Jhunjhunwala holds a 24.24% stake in Aptech, valued at about 160 crore (Photo: Reuters)

Rakesh Jhunjhunwala summoned by Sebi over Aptech insider trades

  • Aptech is the only company in Jhunjhunwala’s portfolio in which he has management control
  • On 7 September 2016, shares of Aptech were locked in their upper circuit level of 175.05 after the investor’s brother and wife bought 763,057 shares in the IT firm through block deals

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Oil fell to the lowest since October. Photo: Reuters
You can apply for a new passport or passport renewal online but in-person visit to the Passport Seva Kendra or office later on is mandatory. (Mint)
You can apply for a new passport or passport renewal online but in-person visit to the Passport Seva Kendra or office later on is mandatory. (Mint)

Passport Seva Kendras start passport renewal reminder service

  • Remembering your passport expiry date will be hassle-free now as you will get text reminders for passport renewal
  • Your Passport Seva Kendra or office will send you two reminders by SMS

IndiGo currently runs two daily direct flights to China, one is on Delhi-Chengdu route and another is on Kolkata-Guangzhou route. (Reuters)
Maruti Suzuki India, CG Power and Mahindra & Mahindra Financial Services are among the companies that will release their December quarter numbers today (Aniruddha Chowdhury/Mint)
Maruti Suzuki India, CG Power and Mahindra & Mahindra Financial Services are among the companies that will release their December quarter numbers today (Aniruddha Chowdhury/Mint)

Stocks to Watch: DHFL, InterGlobe Aviation, HDFC, Godfrey Phillips

  • HDFC Ltd reported nearly four-time growth in its standalone net profit at 8,372.49 crore for the third quarter
  • Maruti Suzuki India Ltd, on Monday announced increase in the prices of its products

Godfrey Phillips is known for manufacturing the Marlboro brand of cigarettes. (Bloomberg)
Godfrey Phillips is known for manufacturing the Marlboro brand of cigarettes. (Bloomberg)

Godfrey Phillips India, other KK Modi assets on sale,  says  Lalit  Modi

  • Companies likely to be sold include Modicare, Modi Healthcare Placement and Twenty Four Seven Stores
  • Lalit Modi and his family own 47.09% stake in Marlboro maker Godfrey Phillips, while Philip Morris Global Brands, the owner of the Marlboro brand, owns 25.1%

India's first underwater metro runs partly under the city’s iconic Hooghly river
India's first underwater metro runs partly under the city’s iconic Hooghly river

India's first underwater metro nears completion, to start soon in Kolkata

  • The new line is expected to carry about 900,000 people daily
  • The authority is awaiting a final installment of 200 million over the next two years from the Indian Railway Board, said Manas Sarkar, managing director at KMRC

If you are in Bengaluru, you will have to pay  ₹76.06 for petrol and  ₹68.79 for diesel. In Chennai, petrol costs  ₹76.44 and diesel  ₹70.33. (Mint)
Beating Retreat ceremony: Entry and exit at Central Secretariat metro station will be allowed from Gate No. 1 only from 2 pm to 4pm. (Hindustan Times)
Ajay Tyagi is eligible for re-appointment for a tenure of two more years
It’s still unclear what caused the crash Sunday morning in the hills of Calabasas, California, near Los Angeles (Reuters)
It’s still unclear what caused the crash Sunday morning in the hills of Calabasas, California, near Los Angeles (Reuters)

Kobe Bryant chopper may have lacked permission to fly in clouds

  • There’s no indication that the pilot sought approval from the Federal Aviation Administration controller, according to a recording of radio calls posted on the LiveATC.net website

After reducing your tax exempt income from the total income, you get gross total income. (Pradeep Gaur/Mint)
Doctors come out of an isolation ward after attending to people who returned from China and under observation at the Government Fever Hospital in Hyderabad (Photo: AP)
Doctors come out of an isolation ward after attending to people who returned from China and under observation at the Government Fever Hospital in Hyderabad (Photo: AP)

Coronavirus infects markets, India plans Operation Rescue

  • The rapid spread of the flu-like virus that originated in China has rattled governments and investors around the world
  • The Dow Jones Industrial Average erased its advance for the year on Monday, while the S&P 500 Index slid the most in almost four months

Photo: Aniruddha Chowdhury/Mint
Photo: Aniruddha Chowdhury/Mint

Opinion | The fastest way to a $5 trillion economy is through exports

State govts need to be brought to the forefront of India’s export growth strategy by the Centre

The new app was downloaded more than 780,000 times over the weekend
Tapping into mom-and-pop stores will allow retailers to avail of their delivery services and use their shops for storage. (Photo: Rajkumar)
DHFL chairman and managing director Kapil Wadhawan.
Chinese authorities said the virus isn’t yet under control despite aggressive steps (Photo: Reuters)
Chinese authorities said the virus isn’t yet under control despite aggressive steps (Photo: Reuters)

China virus outbreak update: Toll rises to 82, measures fail to slow spread

  • China’s death toll from the coronavirus climbed to at least 82. Authorities said the virus isn’t yet under control despite aggressive steps to limit the movement of people
  • More than 2,835 cases have been reported in 15 countries and territories

All live objects emit infrared energy or heat
All live objects emit infrared energy or heat

Airports fighting coronavirus fire with heat scans

  • This isn’t the first time thermal scanning is being used to screen higher body temperature related to infections that can cause an epidemic
  • Thermal cameras are effective only to the point of telling who has a higher body temperature or is running a high fever

Plain Facts
Photo: Mint

Is NSS right on consumption fall?

4 min read . 27 Jan 2020
References to markets rose in post-liberalization era. But in recent years, ‘state’ has made a big comeback (Photo: Bloomberg)

Long and short of budget speeches

3 min read . 26 Jan 2020
A football club’s revenue can be broken down into three categories—commercial, broadcast and matchday (Photo: Bloomberg)

What drives football revenue

4 min read . 23 Jan 2020
Apart from better interest rates on loans, higher scores can help you avail of innovative fintech services (Photo: iStock)
Apart from better interest rates on loans, higher scores can help you avail of innovative fintech services (Photo: iStock)

PSU banks take the lead, reward high credit score

  • Public sector banks are already offering differential pricing on home and auto loans
  • Private banks usually lend to those with higher scores, leaving little scope for differential rates, say experts

Photo: Ramesh Pathania/Mint
Nobel Laureate and economist Abhijit Banerjee during his conversation 'Good Economy for Hard Times' at Tata Steel Kolkata literary meet in Kolkata on Monday (Photo: ANI)
Nobel Laureate and economist Abhijit Banerjee during his conversation 'Good Economy for Hard Times' at Tata Steel Kolkata literary meet in Kolkata on Monday (Photo: ANI)

Slump in two-wheeler sales suggests 'the big slowdown is in': Abhijit Banerjee

  • It's the people in the informal sector who buy the two-wheelers and their sales are slowing down the most, said the Nobel laureate
  • Banerjee also referred to former CEA Arvind Subramanian to drive home his point

Photo: iStock
The Modi govt of 2014 was elected with an absolute majority for the BJP, whose manifesto had the promise of 'minimum government, maximum governance'
The Modi govt of 2014 was elected with an absolute majority for the BJP, whose manifesto had the promise of 'minimum government, maximum governance'

Opinion | The ideal size of a government for a country like India

We clearly need a bigger government at this stage of development to help address inequalities

Some analysts believe advantages such as prime slots for airline departures and bilateral rights will add to the value Air India brings to the table, and should attract bidders
Some analysts believe advantages such as prime slots for airline departures and bilateral rights will add to the value Air India brings to the table, and should attract bidders

Air India sale may struggle to fly despite better terms from govt

  • The government’s decision to sell its entire stake in Air India is a big positive
  • Govt will also retain the majority of the airline’s debt, which can lead to a 60% drop in interest costs

The Sebi committee has proposed changes to the process followed by a company's audit committee for approval of RPTs that are material (Photo: Aniruddha Chowdhury/Mint)
The Sebi committee has proposed changes to the process followed by a company's audit committee for approval of RPTs that are material (Photo: Aniruddha Chowdhury/Mint)

To avoid IndiGo-like feud, Sebi panel proposes sweeping changes to RPT norms

  • The committee said the net worth criterion should not apply to companies with negative networth; further, companies can specify a lower materiality threshold as per their RPT policies
  • Any person or any entity, directly or indirectly, holding 20% or more of the holding may also be considered as related party

One of the issues pending before Dr Reddy’s is the ongoing re-inspection of its API manufacturing plant at Srikakulam
Union home minister Amit Shah with Assam CM Sarbananda Sonowal and representatives of NDFB factions, in New Delhi. (PTI)
Union home minister Amit Shah with Assam CM Sarbananda Sonowal and representatives of NDFB factions, in New Delhi. (PTI)

Govt inks peace pact with Assam militant group NDFB

The accord, signed in the presence of home minister Amit Shah, Assam CM Sarbananda Sonowal and representative of factions of the NDFB, will ensure that 'territorial integrity' of Assam is maintained

In J&K, security forces say, 157 terrorists were killed in 2019, compared with 257 in 2018. (Photo: PTI)
In J&K, security forces say, 157 terrorists were killed in 2019, compared with 257 in 2018. (Photo: PTI)

Terrorist outfits step up recruitment drive despite J&K blockade

  • The recruitment into armed cadres of the terrorist groups was the highest in Pulwama and Shopian
  • In comparison, in north Kashmir, 14 terrorists were recruited from Anantnag, while 12 each were recruited from Baramulla and Kulgam

West Bengal Chief Minister Mamata Banerjee (Photo: ANI)
West Bengal Chief Minister Mamata Banerjee (Photo: ANI)

West Bengal Assembly passes resolution against CAA

  • 'Time has come to put aside narrow differences and fight together to save the country,' said CM Mamata Banerjee during her address in Assembly on anti-CAA resolution
  • After Kerala, Punjab and Rajasthan, West Bengal is the fourth state to pass a resolution against the CAA

ICICI Bank managed to keep bad loan ratios under check through a 16.5% loan expansion (Photo: Reuters)
ICICI Bank managed to keep bad loan ratios under check through a 16.5% loan expansion (Photo: Reuters)

ICICI Bank, Bank of Baroda Q3 results show how mergers hurt

  • Merging balance sheets was the easiest task for Bank of Baroda, but eking out synergy benefits takes time
  • ICICI Bank has managed to weather a challenging environment, beefing up provisions and having an enviable capital

Bank of Baroda CEO Sanjiv Chadha
(Photo: Bloomberg)