Top of the Morning

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, December 27, 2024. This is Nelson John, let's get started. Former Prime Minister and finance minister during the 1992 economic liberalisation, Dr. Manmohan Singh, passed away at the age of 92 at Delhi’s AIIMS last night. Dr. Singh, who is often credited with open...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, December 26, 2024. This is Nelson John, let's get started. Honda and Nissan are set to merge by mid-2025, along with Mitsubishi, creating the world’s third-largest auto group after Toyota and Volkswagen. The new entity, valued at $50 billion, is expected to gen...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, December 25, 2024. This is Nelson John, let's get started. The Department of Pharmaceuticals recently penalised AbbVie Healthcare India for allegedly violating the Uniform Code for Pharmaceutical Marketing Practices. AbbVie reportedly spent ₹1.91 crore flying...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, December 24, 2024. This is Nelson John, let's get started. In August, a U.S. federal judge ruled that Google's operations violated antitrust laws, particularly concerning its dominance with Search. India's stance isn't far from that of the U.S.'s. The Competitio...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 23, 2024. This is Nelson John, let's get started. Many investors have burnt their hands during the bull run of 2024. Take for example the Nifty India Defence Index, which saw a stunning 60% return this year. However, one of its main stocks is prone to vo...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, December 20, 2024. This is Nelson John, let's get started.   Jan Aushadhi Kendras, part of a government-backed initiative to provide affordable medicines, have been on an upswing, hitting sales of ₹1,000 crore this year. These centres have become so incredibly po...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, December 19, 2024. This is Nelson John, let's get started.   Adar Poonawalla's recent dive into Bollywood, in which he snagged a 50% stake in Karan Johar’s Dharma Productions for a cool ₹1,000 crore, isn’t just a one-off. It hints at a bigger potential shift ac...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, December 18, 2024. This is Nelson John, let's get started.   The Indian government has unveiled a 3 billion dollar incentives plan to stimulate the creation of electronics brands and enhance private research & development spending in the sector. The initiative...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, December 17, 2024. This is Nelson John, let's get started.   Sanjay Malhotra recently took charge as the 26th governor of the Reserve Bank of India, and he's facing some tricky challenges right off the bat. The Indian economy, which had been growing robustly at...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 16, 2024. This is Nelson John, let's get started.   If you're considering flying between India's major cities at the end of the year, you're in luck—airfare prices have significantly dropped. Data from ticket booking platforms indicates that airfares on...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, December 13, 2024. This is Nelson John, let's get started.   The buzz around Google's new quantum computing chip, Willow, is huge because it represents a significant step in quantum computing technology, which could potentially revolutionize several industries. U...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, December 12, 2024. This is Nelson John, let's get started.   Adani Group is navigating critical financial moves for its renewables arm, Adani Green Energy Ltd (AGEL), as it seeks to refinance a $1.1 billion loan maturing in March 2025. Having shelved plans for...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, December 11, 2024. This is Nelson John, let's get started.   Lenovo has been quite adept at navigating the business landscape in India, avoiding the regulatory scrutiny faced by Chinese companies in India. But how? A big part of its strategy was to jump into l...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 9, 2024. This is Nelson John, let's get started.   Sanjay Malhotra, a seasoned bureaucrat from the Rajasthan cadre, is set to steer the RBI following his appointment as the new governor. His tenure starts just as Shaktikanta Das wraps up his six-year ter...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 9, 2024. This is Nelson John, let's get started. India is gearing up for a significant initiative aimed at closing the gap between the skills students learn and what the job market needs. The Prime Minister Internship Scheme, set to launch soon, plans to...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, December 6, 2024. This is Nelson John, let's get started.   Himachal Pradesh is grappling with severe financial challenges, struggling to meet promises of government job creation and welfare schemes under the weight of a heavy debt burden. The state’s revenues ar...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, December 5, 2024. This is Nelson John, let's get started.   India's appeal as a travel destination has yet to fully recover, with foreign tourist arrivals still falling short of their 2019 peak. In 2023, the country welcomed 9.24 million international visitors—...

  Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, December 4, 2024. This is Nelson John, let's get started. There’s been a significant selloff by foreign portfolio investors over the past two months. But what drove this selloff? According to fund managers and securities lawyers Ram Sahgal spoke to, it wasn'...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, December 3, 2024. This is Nelson John, let's get started. For over two years, the Reserve Bank of India’s monetary policy committee (MPC) has been trying to curb inflation, aiming to stabilise it around 4%. Despite several hikes that raised the repo rate by 250...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, December 2, 2024. This is Nelson John, let's get started. India's market regulator, Sebi, recently restricted three unregistered online bond platforms from offering privately placed unlisted NCDs to the public. Anshika Kayastha and Neha Joshi write that Sebi has...

Good morning,   Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, November 29, 2024. This is Nelson John, let's get started.   At COP29 in Baku, Azerbaijan, the focus was all about climate finance, but the outcome left many wanting more. Initially aiming for $1.3 trillion annually, negotiators ended up agreeing...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, November 28, 2024. This is Nelson John, let's get started.   Flying has become a pricey experience these days. To help with that, the Centre is working on a comprehensive package for the aviation sector. Dhirendra Kumar and Manas Pimpalkhare report that these m...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Wednesday, November 27, 2024. This is Nelson John, let's get started.   The Indian government is still being cautious about resuming direct flights to China due to national security concerns. Despite external pressures, Indian authorities are not budging yet. Dhirendra K...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, November 26, 2024. This is Nelson John, let's get started.   Yesterday, the stock markets rejoiced following the BJP's victory in the Maharashtra state elections. Both the Sensex and the Nifty shot up by more than 1.25%, buoyed by the same party in power at the...

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, November 25, 2024. This is Nelson John, let’s get started.    Days before a US court indicted Adani Green Energy officials for alleged bribery in India, traders on derivatives markets cut their positions in Adani Enterprises and Adani Ports. This move spared them...