Yes Bank’s shares have mostly been on an uptrend ever since it announced capital-raising plans
President Donald Trump speaks at the Economic Club of New York at the New York Hilton Midtown in New York (Photo: AP)
President Donald Trump speaks at the Economic Club of New York at the New York Hilton Midtown in New York (Photo: AP)

Trump barks at Fed but offers no fresh details on trade in New York speech

  • Trump said he reversed policies imposed by his predecessors that restrained the economy
  • Trump also said that India and China were taking advantage of the US by being designated developing countries

Maharashtra governor Bhagat Singh Koshyari submitted a report to President Ram Nath Kovind recommending central rule
Maharashtra governor Bhagat Singh Koshyari submitted a report to President Ram Nath Kovind recommending central rule

Maharashtra comes under President’s rule; Shiv Sena moves SC

  • None of the major political parties in the state have been able to find the required numbers in the assembly
  • During the day, Sharad Pawar met all 54 NCP MLAs before holding a meeting with the visiting Congress team

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Nick Read said he expects to hear more from the Indian govt in the coming weeks (Photo: Bloomberg)
Nick Read said he expects to hear more from the Indian govt in the coming weeks (Photo: Bloomberg)

India venture faces collapse: Vodafone CEO

  • Vodafone Idea was ordered by the Supreme Court to pay $4 billion of fees in past dues last month
  • Vodafone, which owns 45% of Vodafone Idea, wants a two-year delay on spectrum payments and lower license fees and taxes

Mastodon’s German founder Eugen Rochko (Illustration: Jayachandran/Mint)
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(Photo: Reuters)
Salil Parekh, chief executive officer of Infosys (Photo: Bloomberg) (Bloomberg)

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Project Zero combines Amazon's advanced technology and innovation with the sophisticated knowledge that brands have of their own intellectual property and how best to detect counterfeits of their products (Reuters)
Project Zero combines Amazon's advanced technology and innovation with the sophisticated knowledge that brands have of their own intellectual property and how best to detect counterfeits of their products (Reuters)

Amazon launches 'Project Zero' in India to block counterfeit goods

  • Project Zero introduces additional proactive mechanisms and powerful tools to identify, block and remove counterfeits, Amazon said
  • Over 7,000 brands have already enrolled in Project Zero across US, Europe and Japan

Long Reads
Photo: iStock
Photo: iStock

Opinion | There’s more that RBI needs to think about than just rate cuts

Given the economic slump, it should review whether its neutral real interest rate and inflation target need to be recalibrated

(Photo: Reuters)
(Photo: Reuters)

Some of the world’s richest brace for a major stock sell-off in 2020

  • Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management
  • The US-China trade conflict is their top geopolitical concern, while the upcoming American presidential election is seen as another significant threat to portfolios

Non-performing loans remain elevated; and they still bear a large exposure to non-banking financial companies (Photo: Mint)
Plain Facts
Not withdrawal from RCEP, but protectionism in India can end up hurting industry and consumers in the long run (Photo: Mint)

Protectionism should worry India

4 min read . 12 Nov 2019
Not every child entitled to mid-day meals gets it. A survey shows  82% children in govt schools received mid-day meals (Photo: Mint)

The case for mid-day meals for all

3 min read . 11 Nov 2019
A file photo of Bandra Worli Sea link (Photo: Hindustan Times)

Which is India’s most livable city?

3 min read . 10 Nov 2019
Shiv Sena Chief Uddhav Thackeray along with his son and party leader Aditya Thackeray at a press conference in Mumbai on Tuesday (Photo: ANI)
Shiv Sena Chief Uddhav Thackeray along with his son and party leader Aditya Thackeray at a press conference in Mumbai on Tuesday (Photo: ANI)

We asked for 48 hrs but Governor gave us six months: Uddhav on President's rule

  • 'Sharing the post of CM was decided before polls but the BJP lied and made me look like a liar,' said the Shiv Sena chief
  • 'I am finding out how parties with different ideologies forged alliances with BJP,' said Uddhav on possible tie- up with Congress and NCP

Photo: iStock
Prime Minister Narendra Modi leaves for Brazil to take part in the BRICS summit on Tuesday. (PTI)
The 17 rebel legislators were barred from contesting polls till 2023 by the Karnataka speaker in July. (HT)
Photo: Mint
People during a visit to the Shri Ram Janmbhoomi Nyas Karyashaala (workshop), a day after the Supreme Court's verdict on the Ayodhya case. (Photo: PTI)
People during a visit to the Shri Ram Janmbhoomi Nyas Karyashaala (workshop), a day after the Supreme Court's verdict on the Ayodhya case. (Photo: PTI)

Opinion | In India, temple-building can be an antidote to the slowdown

Temple tourism should be a major focal area for investment as it has the potential to generate jobs

The latest data set would raise the pressure on the RBI to cut rates further despite fears of inflation inching higher. (Photo: Mint)
OECD has proposed a new multilateral framework on taxation of new-age companies such as Netflix, Google and Facebook, which have a large customer base in developing countries like India as well as the EU. (Bloomberg)
OECD has proposed a new multilateral framework on taxation of new-age companies such as Netflix, Google and Facebook, which have a large customer base in developing countries like India as well as the EU. (Bloomberg)

28 developing nations back India on OECD tax proposal

  • Grouping believes new global rules to tax tech giants give undue taxation rights to US
  • Plan aims to prevent MNCs artificially showing profits in low-tax countries instead of where deal happens

Though high-quality learning is available online, the demand for admissions to schools and colleges has not reduced
Though high-quality learning is available online, the demand for admissions to schools and colleges has not reduced

Can e-learning be a substitute for the classroom?

  • The last few years have seen the growth of several online education platforms that have sought to supplement traditional education.
  • Is it possible that they can emerge as viable substitutes? Mint takes a look.

Cheteshwar Pujara with Pink Kookaburra during a practice session ahead of the first test match between India and Bangladesh at Holkar Cricket Stadium in Indore on Tuesday (Photo: ANI)
Cheteshwar Pujara with Pink Kookaburra during a practice session ahead of the first test match between India and Bangladesh at Holkar Cricket Stadium in Indore on Tuesday (Photo: ANI)

India finally join the pink-ball party in Bangladesh series

  • While there may be some apprehension about using the pink ball for the first time they are unlikely to lose any sleep about facing a team in disarray
  • India are without Jasprit Bumrah, but Mohammed Shami and Umesh Yadav ensured the pace spearhead was not missed against South Africa

A still from the Disney+ show ‘The Mandalorian' (Photo: AP)
A still from the Disney+ show ‘The Mandalorian' (Photo: AP)

In streaming wars, Disney reaches beyond families

  • Disney plans to rope in 60-90 mn users in five years, targeting adults who don’t have kids at home
  • Disney’s marketing force is reaching beyond its traditional family audience to send a message that its $7-a-month subscription service Disney+ offers something for all ages

Finance minister Nirmala Sitharaman at the 6th World Congress on Rural and Agricultural Finance, in New Delhi on Tuesday. (PTI)
Finance minister Nirmala Sitharaman at the 6th World Congress on Rural and Agricultural Finance, in New Delhi on Tuesday. (PTI)

Govt will ensure J&K farmers get fair value for premium crops: FM

  • Centre is in talks with the states to reject APMCs and adopt e-NAM to ensure farmers get fair value for their produce
  • The govt’s efforts to woo the people of the youngest Union territories of J&K and Ladakh is part of its plans to integrate the region more closely with the rest of India

Under existing rules, companies were required to invest at least  ₹2,000 crore in the petroleum sector to enter the fuel retail segment (Photo: Mint)
Under existing rules, companies were required to invest at least 2,000 crore in the petroleum sector to enter the fuel retail segment (Photo: Mint)

State-owned fuel firms wary as India opens up oil retail market

  • The move to allow all firms with a net worth of 250 crore to set up fuel retail outlets aims to boost investment
  • The change in the fuel retail policy will definitely lead to an increase in competition and the customers will benefit, IOC chairman said

Jayachandran/Mint
AIMIM chief Asaduddin Owaisi. (HT)
IL&FS Group holds a 73.7% stake in Schoolnet India, which holds an 80% stake in IL&FS Skills Development Corp. Ltd. (Reuters file)
IL&FS Group holds a 73.7% stake in Schoolnet India, which holds an 80% stake in IL&FS Skills Development Corp. Ltd. (Reuters file)

Creditors approve sale of IL&FS’ education biz to Career Point

  • Career Point will now get 80% ownership in IL&FS Skills Development Corp., held by Schoolnet India
  • The development represents another key milestone in the overall resolution for the IL&FS Group under the new board

Petrol demand growth is around 6%, necessitating opening of retail outlets every year. (Photo: Ramesh Pathania/Mint)
Petrol demand growth is around 6%, necessitating opening of retail outlets every year. (Photo: Ramesh Pathania/Mint)

Need to adopt cautious approach to avoid inviability of rise in outlets

Opening up the fuel retail sector may open the floodgates for investors, the government needs to adopt a cautious approach as opening an uncontrolled number of outlets may led to inviability of many existing as well as new outlets

Piyush Goyal said that the government will take the strictest action against companies if they are found to be violating India’s e-commerce policy.  (Photo: Ramesh Pathania/Mint)
Piyush Goyal said that the government will take the strictest action against companies if they are found to be violating India’s e-commerce policy. (Photo: Ramesh Pathania/Mint)

Some e-tailers indulge in predatory pricing: Piyush Goyal

  • Such steps adversely affect millions of small retailers, says trade minister
  • E-commerce is a marketplace platform. These firms have no right to discount their products

Larger firms such as BigBasket are betting on milk-delivery startups, as they have a sustained customer base who they cater to on a daily basis. (Mint)
Larger firms such as BigBasket are betting on milk-delivery startups, as they have a sustained customer base who they cater to on a daily basis. (Mint)

Short of funds, hyperlocal delivery firms eye merger with bigger rivals

  • Milk and grocery delivery startups are finding it difficult to scale up without significant equity funding
  • tapping into this space, BigBasket is now in talks to acquire milk-delivery platform DailyNinja

Demonstrators form a human chain to move supplies during a protest on Pedder Street in the Central district of Hong Kong (Photo: Bloomberg)
Demonstrators form a human chain to move supplies during a protest on Pedder Street in the Central district of Hong Kong (Photo: Bloomberg)

Hong Kong protest violence hits universities, business district

  • Hong Kong police fired tear gas in city's financial district on Tuesday afternoon for second straight day after demonstrators blocked roads, disrupted the morning commute and clashed with police
  • At Chinese University of Hong Kong police fired multiple volleys of tear gas and rubber bullets at hundreds of protesters

The homestay firm, which was founded in 2008, is present in 191 countries and in May 2016 launched its India platform, where it has 54,000 listings across 110 cities. (REUTERS)
The homestay firm, which was founded in 2008, is present in 191 countries and in May 2016 launched its India platform, where it has 54,000 listings across 110 cities. (REUTERS)

Airbnb counts India among its top three fastest growing EMs

  • Airbnb’s Greg Greeley says Europe and North America are the largest markets for us but from an emerging economy standpoint, India is in the top three and growing one of the fastest
  • India’s popularity on the platform is growing, with Kerala emerging among the top 20 global destinations for 2020 in a study by Airbnb

Nationalist Congress Party Chief Sharad Pawar and Congress leader Ahmed Patel during a joint press conference, in Mumbai (Photo: PTI)
Nationalist Congress Party Chief Sharad Pawar and Congress leader Ahmed Patel during a joint press conference, in Mumbai (Photo: PTI)

Congress, NCP discussed what could be common minimum programme, policies: Pawar

  • No final decision can be taken without formulation of common minimum program between Cong, NCP and Sena, said Congress leader Ahmed Patel at joint presser with NCP
  • Before deciding on Sena's proposal seeking support, there should be clarity on all issues, both the parties said

The company had laid off almost 600 temporary workers over the last few months.  (Photo: HT)
The company had laid off almost 600 temporary workers over the last few months. (Photo: HT)

Strike at Honda Motorcycles’ Manesar plant enters eighth day

  • The company had laid off almost 600 temporary workers over the last few months, citing falling demand, which prompted the worker’s union to opt for a sit-in
  • The workers’ demands have not been accepted, but negotiations are on with the company management

Photo: Mint
Not withdrawal from RCEP, but protectionism in India can end up hurting industry and consumers in the long run (Photo: Mint)
Not withdrawal from RCEP, but protectionism in India can end up hurting industry and consumers in the long run (Photo: Mint)

Protectionism should worry India

Among large economies, the US and India have imposed the most trade restrictions in the past three years to promote domestic manufacturing, data shows

Photo: Reuters
Photo: Reuters

Disney+ goes live with some hiccups marring a smooth rollout

  • Some users reported trouble getting the app to work as soon as they tried to log on in the early hours of Tuesday morning
  • Priced at $7 a month, Disney+ is a bet that the company can attract as many as 90 million subscribers worldwide in five years

According to the whistleblower, Salil Parekh has stock market investments in several firms, and he stays in Mumbai to oversee those (Reuters file)
According to the whistleblower, Salil Parekh has stock market investments in several firms, and he stays in Mumbai to oversee those (Reuters file)

Opinion | A cry-wolf whistleblower at Infosys

Globally, CEOs of megacorps are known to use a combination of private jets and helicopters to save time and personal energy. In general, the whistleblower seems to be crying wolf

The open-source application Mastodon has taken a section of Indian Twitter users by storm.
The open-source application Mastodon has taken a section of Indian Twitter users by storm.

Must we now muster up courage for Mastodon?

Mastodon could become something that you can't live without, or it will be a fleeting moment, like a grown-up fidget-spinner

JLR is an early mover among incumbent manufacturers into electric vehicles
JLR is an early mover among incumbent manufacturers into electric vehicles

JLR-owner Tata Group approaches Geely, BMW in hunt for partners

  • Tata Group has said it is open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles
  • Scale has become increasingly crucial in the automotive industry

Shiv Sena chief Uddhav Thackeray along with his son and party leader Aditya Thackeray (Photo: ANI)
An artist’s impression of Andhra Pradesh’s Amaravati capital city.
An artist’s impression of Andhra Pradesh’s Amaravati capital city.

AP scraps Amaravati’s startup area project

  • This is the second major development with regard to Amaravati this year, after the World Bank and the AIIB withdrew funding in July
  • The startup area project was to be completed in three phases over a span of about 15 years

Prime Minister Narendra Modi greets as he leaves for Brazil to attend the 11th BRICS Summit, in New Delhi on Tuesday (Photo: ANI)
(Photo; Ramesh Pathania/Mint)
Gold price today: On MCX, gold rates were at  ₹37,624 per 10 gram
The income tax department has now extended PAN card fine rules to Aadhaar card also. (Mint)