Price hikes by leading platforms, as has recently been the case with players like Amazon Prime Video, could encourage a shift among premium users towards higher-tier plans offering ad-free experiences, 4K quality, and multi-device usage. However, these upgrades appeal mainly to urban households and tech-savvy viewers seeking elevated viewing conditions. For a large portion of…
With the festival season expected to bring in larger returns than the rest of the year, as is often the case, could 2025 end on a high note for Bollywood? Mint explains: Why is the festival season crucial for the box office? The festive season, especially from October to December, is regarded as the key…
The Maharashtra government announced on Thursday that it has shifted the public holiday on account of Eid-e-Milad in Mumbai city and suburban districts to September 8. The holiday, which was originally declared for Friday, September 5, 2025, will now be observed on Monday, September 8, 2025. Shortly after this announcement, the Reserve Bank of India…
Bank holidays this week, September 8-14, 2025: The Reserve Bank of India (RBI ) has declared several holidays in the month of September 2025. Banks across a few Indian cities will remain shut in the upcoming week due to festivals and observances. People who are planning any important activities related to banking transactions or other…
BANGALORE/MUMBAI : The recent cut in goods and services tax (GST) rates on several consumer items is expected to block the working capital for stockists, distributors and retailers holding inventory for a short period, experts said. This is because such firms would have paid GST to their suppliers at a higher rate under the older…
A 10-percentage-point cut in the Goods and Services Tax (GST) on ACs has sparked hopes of a ‘second summer’ during the festive season, offering a much-needed lifeline to companies reeling from a washed-out June quarter. With AC prices set to drop from 22 September, experts predict the tax cut will unlock pent-up demand and boost…
The model is drawing keen interest, with 20 such funds having registered in GIFT City as of end July since regulations came in place in 2022. For perspective, India’s more established domestic ecosystem only has around 32 such funds till now, according to data from PMS Bazaar. While the hub offers advantages, the talent pool…
Bank holiday today: Today, September 6, marks Ganesh Visarjan, with grand celebrations taking place across Maharashtra and several other parts of India. Despite the festivities, banks are not closed nationwide, as holidays may differ depending on the state. According to the Reserve Bank of India (RBI)’s state-wise holiday calendar, banks will be closed in Gangtok,…
New Delhi: The petroleum and natural gas regulator has warned that it will encash bank guarantees and terminate contracts of city gas distributors if they fail to submit annual performance bond guarantees (PBG) on time. A performance bond is a financial guarantee and is required for grant of authorization to an entity that wins a…
New Delhi: The Union government’s public procurement from women-led micro and small enterprises edged closer to the mandated 3% target in the first five months of FY26, after missing it over the past five fiscal years. The share of goods and services purchased by various ministries and government departments from women-led micro and small businesses…