Videos

Finance minister Nirmala Sitharaman.
Finance minister Nirmala Sitharaman.

India-US trade deal l ‘Hope to have an agreement soon’: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has said that she hopes a trade deal between India and the US is finalized soon. She said that talks have been intensified and differences have been narrowed down. Sitharaman is in Washington to attend the annual meeting of the International Monetary Fund and the World Bank. The issue had also come up for discussion when Prime Minister Modi met US President Donald Trump at the UNGA summit earlier.

The FMCG market had experienced a growth of 16.2% in July-September 2018.
The FMCG market had experienced a growth of 16.2% in July-September 2018.

Rural FMCG consumption at seven-year low: Nielsen

In its quarterly report, Nielsen claimed a steep fall in rural FMCG consumption. Consumption of branded packaged goods fell to a 7-year low in rural India, as per Nielsen. FMCG growth hit 7.3% in July-September 2019 across both urban and rural markets. The FMCG market had experienced a growth of 16.2% in July-September 2018. Historically, FMCG growth in rural India has been 3-5% faster than urban areas.

Mint's Disha Sanghvi explains how you can use a DigiLocker account.
Key estimates of RIL Q2 results.
@Livemint
Mint views daily dispatch.
Mint views daily dispatch.

What does Trump’s apparent admission of US nuclear weapons in Turkey imply?

President Trump appears to have inadvertently confirmed the presence of US nuclear weapons in Turkey, making this possibly the first time the country has publicly acknowledged what has been considered an open secret for years. This may revive concerns about the safety of these weapons in the wake of Turkey’s offensive in Syria. But was Trump’s accidental admission indeed accidental? Could not have Trump’s statement been deliberate to signal the US’s dominance in the region, particularly to China with whom it has been experiencing increasing geo-strategic conflicts? That is a point worth pondering.

Midcap and smallcap stocks are reeling under pressure.
How to book cheap flight tickets online.
How to pick the right credit cards.
Volume growth is slightly better than analysts’ expectations
Volume growth is slightly better than analysts’ expectations

Mark to Market | Hindustan Unilever shows resilience in Q2 performance

Given that the economic slowdown has taken a toll on demand, expectations from the results of consumer firms for the September 2019 quarter are not running too high. In that backdrop, Hindustan Unilever’s Q2 numbers don’t appear too bad. Volume growth is slightly better than analysts’ expectations. Plus, the company has improved its Ebitda margin on a year-on-year basis. Going ahead, rural demand slowdown remains a concern. Nonetheless, steep valuations suggest investors are capturing the brighter picture.

While governments often focus on the supply of education through providing incentives and infrastructure, demand generation still remains critical.
While governments often focus on the supply of education through providing incentives and infrastructure, demand generation still remains critical.

Mint Views | Banerjee-Duflo show demand is crucial for education

Nobel laureates Abhijeet Banerjee and Esther Duflo picked education as a critical social sector to examine whether people are in a poverty trap or not. Through a study, the economists found that it is critical for demand to exist that could spur the need for education. While governments often focus on the supply of education through providing incentives and infrastructure, demand generation still remains critical.

Abhijit Banerjee, Esther Duflo and Michael Kremer won the prestigious Sveriges Riksbank Prize in Economics in the Memory of Alfred Nobel.
Abhijit Banerjee, Esther Duflo and Michael Kremer won the prestigious Sveriges Riksbank Prize in Economics in the Memory of Alfred Nobel.

How Nobel winners Banerjee, Duflo, Kremer transformed economics to help poor

An Indian-American is among three economists awarded the 2019 Nobel prize in Economics. Abhijit Banerjee, Esther Duflo and Michael Kremer won the prestigious Sveriges Riksbank Prize in Economics in the Memory of Alfred Nobel. The trio was honoured for its 'experimental approach to alleviating global poverty'. The trio has revolutionised economics by studying actual poverty as a lived reality.

India Inc’s revenue likely fell to a 14-quarter low in Q2.
Venugopal Iyengar.
Venugopal Iyengar.

Digital Gurus | 'OTT enabler' Apalya Technologies' COO on industry's future

With the over-the-top services industry quickly expanding in India, Chief Operating Officer of Apalya Technologies, Venugopal Iyengar, comments on the current trends, as well as the possible future, of the industry. Apalya Technologies describes itself as an 'OTT enabler'. The company started with mobile TV and says that it now serves every major telco in South Asia & Middle East.

‘The Sky Is Pink’ competes with ‘War’, ‘Joker’.
How to port health insurance policy.
Flipkart’s CEO has made a personal investment in B2B e-marketplace Moglix
Flipkart’s CEO has made a personal investment in B2B e-marketplace Moglix

Moglix founder Rahul Garg on nuts & bolts of building a B2B e-comm marketplace

There is a lot of buzz about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products - now wants to revolutionize this and has huge expansion plans up on its anvil. The startup which last raised $23 million in funding counts Accel Partners, Jungle Ventures and World Bank-affiliated IFC as its investors. It's other backers include Venture Highway, ex-Twitter VP Shailesh Rao, InnoVen Capital and Ratan Tata. Mint's startup Diaries gets into a conversation with Rahul Garg, Founder, Moglix. Also, E-commerce major Flipkart’s Chief Executive Officer (CEO) Kalyan Krishnamurthy has made a personal investment in B2B e-marketplace Moglix. His first individual backing of a company in the B2B e-commerce space.

The railway services provider’s IPO was subscribed more than 112 times.
The railway services provider’s IPO was subscribed more than 112 times.

Mint Views l Does IRCTC share price surge signal market sentiment upturn?

Shares of state-run IRCTC more than doubled on market debut on the BSE and NSE on Monday. The railway services provider’s IPO was subscribed more than 112 times. Though its early to say if market sentiment has turned a corner, the strong demand does suggest that New Delhi needs to work out its pricing strategy in future share sales better so that the issues aren’t underpriced, especially given the tall disinvestment target it has set out to achieve.

The value of debt downgraded more than trebled to  <span class='webrupee'>₹</span>1.38 lakh crore in the first half of fiscal 2020.
The value of debt downgraded more than trebled to 1.38 lakh crore in the first half of fiscal 2020.

#MintExpertShorts: More Pain for India Inc. as credit profile worsens

Credit quality pressures intensified for India Inc in the first half of fiscal 2020 driven by an interplay of factors including global and domestic economic slowdown, sharp fall in consumption demand, and slower government spending. Constrained access to funding also affected the credit profiles of entities across sectors, especially non-banks and real estate. The value of debt downgraded more than trebled to 1.38 lakh crore in the first half of fiscal 2020 from 39,000 crore in the first half of fiscal 2019. That’s the highest for any half since fiscal 2016.

Mint Securenow Mediclaim Ratings.