The analysis covered HDFC Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, IndusInd Bank, and Yes Bank. These banks added a total of 131,471 employees in FY25, reflecting a 32.3% decline from 194,213 in FY24 and a 15.8% decline from 156,140 in FY23. Experts said branch operations now require fewer people due to wider adoption…
Cooking oil is typically discarded after being used in kitchens to prepare various dishes. However, instead of being treated as waste, it can now be used to produce sustainable aviation fuel (SAF). Indian Oil refinery has recently received certification for producing SAF from cooking oil, news agency PTI reported, citing company chairman Arvinder Singh Sahney….
In February 1987, the A320 made its first flight at Toulouse in France, the home of Airbus. The aircraft was designed to take on rival Boeing’s 737 series, which first flew in 1967, a good two decades earlier. When the A320 first took to the air, the 737 had already seen sales of over 1,300…
Google is changing the way you consume news online. With its newly launched “Preferred Sources” feature, the search giant is giving users more control over what shows up in their Top Stories feed. Instead of relying entirely on Google’s preset algorithms, you can now pick Livemint as your trusted news outlet that you want to…
modeThe Finance Ministry on August 15 (India’s 79th Independence Day), said that it has proposed reforms to the country’s goods and services tax (GST) regime, with aim to simplify the process and rationalise rates. Later, on August 17, Prime Minister Narendra Modi added that the Centre has circulated the draft GST reforms among states and…
While Collective Artists Network, formerly known as KWAN, a talent management and media company, has launched a 600-episode microdrama version of the Mahabharata, filmmaker Ram Madhvani has announced a mythological virtual reality universe with the first short film being an AI adaptation of the Bhagavad Gita. The aim is to not just marry scale and…
Bengaluru/New Delhi: The proposed revamp of the Insolvency and Bankruptcy Code (IBC) will increase the chances of a revival for real estate projects undergoing insolvency proceedings by discouraging litigation from dissenting creditors, providing greater flexibility to dispose assets, and offering more freedom to strike quick deals with potential investors, several experts told Mint. The overhauled…
SBI’s hike follows the Reserve Bank of India’s (RBI) decision to hold rates steady at its last monetary policy meeting on 6 August. Mint looks at what this means for borrowers and whether other lenders are likely to follow. How much have home loan rates been raised? SBI has increased the upper band of its…
“The government is seeking to set up three greenfield shipbuilding clusters and support the existing shipyards carry out brownfield expansion. Overall, the government is targeting about ₹25,000 crore investment per greenfield cluster, which may be subject to significant changes based on the final locations and the shipyard sizes,” the Union ports ministry said in response…
Mumbai: The cancellation of trade talks between India and the US could jeopardize the jobs of 1.73 lakh workers in India’s gems and jewellery sector in the current festive season, as per industry estimates collated by a commerce ministry-backed trade council. The exports of natural cut and polished diamonds alone to the US could dip…