The developer had acquired the mill land, located close to the Sanjay Gandhi National Park in Borivali, several years ago for a greenfield residential township. The project planning and design process started around two years ago. However, the project went into limbo like several others after the 2024 National Green Tribunal (NGT) ruling that said large-scale…
Mumbai: Consumers are increasingly relying on digital channels for their purchases, with online marketplaces being the most influential in shaping buying decisions, according to a report by Deloitte and industry body Ficci. While physical stores remain relevant, a growing number of people also rely on peer recommendations and social media advertisements to make purchasing decisions,…
Mumbai: When the rate-setting committee of India’s central bank met two weeks ago, an uncertain global environment brought about by the tariff tantrums of US president Donald Trump loomed large. It forced the six-member panel to unanimously vote for a status quo on interest rates, despite a benign inflation, showed minutes. “Considering all these, especially…
Mumbai: Regulators in the financial sector must strike a balance between fostering innovation and safeguarding stability, according to central bank deputy governor M. Rajeshwar. “While it is necessary to minimise systemic risks and protect consumers, it should not discourage creativity, innovation, or healthy market dynamics,” Rao said at the inaugural session of the Department of…
The Centre is pushing ahead with a ban on real-money online gaming, citing widespread financial losses and societal harm, a move that threatens to shutter dozens of startups in what was once a sunrise sector. Union minister for IT and broadcasting Ashwini Vaishnaw said the clampdown on online gaming is not a “knee-jerk” reaction, but…
Mumbai: Investors in real-money gaming startups are in wait-and-watch mode after the government unveiled a sweeping ban that could wipe out the billion-dollar industry. The ‘Promotion and Regulation of Online Gaming Bill 2025’ bill was passed in the Lok Sabha on Wednesday by a voice vote amid protests by Opposition members. It will become law…
From migratory beekeepers, Saini learnt the primordial rules of a bee colony. That there can be only one queen in a box. That she may be killed by worker bees or will have to leave the colony when she gets old and her egg-laying capacity declines. A new queen is raised by workers whose lifespan…
The future of India’s online gaming industry hangs by a thread, with a draft bill in the Lok Sabha proposing a complete ban on such platforms. Gaming industry bodies warned that the move would “strike a death knell” for the sector, which employs thousands and has attracted billions in investment. Mint chalks out the start…
Big-budget productions and even mid-scale films are aggressively chasing Hindi-speaking audiences with national campaigns, influencer-driven activations, and bilingual outreach, marking a sharp break from the once-localised publicity playbook. With the Hindi belt contributing a significant chunk of box office revenue through dubbed versions, Telugu and Tamil films are now pulling out all stops—from city tours…
On Tuesday, the Union cabinet cleared the Promotion and Regulation of Online Gaming Bill, 2025, which seeks a complete ban on any game involving money. The bill prohibits not only play but also payments and advertising for services such as fantasy sports apps Dream11 and My11Circle, online rummy platforms RummyCulture and RummyCircle, and casual games…