Bank holiday today: On Friday, August 8, 2025, banks will be closed in Gangtok to mark Tendong Lho Rum Faat, according to the state-wise holiday calendar of the Reserve Bank of India (RBI). The banks in the rest of the country will remain open on Friday, August 8, 2025. Tendong Lho Rum Faat 2025 Celebrated…
India’s top export industries to the US, including gems and jewellery, and apparel, are bracing for a prolonged downturn after US President Donald Trump on Wednesday announced a steep 50% import tariff, effective 28 August. The new regime marks a sharp jump from the current 2.1%–13.9% tariff range to 51.3%–63.9%, directly impacting sectors that account…
Nutella now joins the ranks of elite names such as Haldiram’s, Peter England, Taj Hotels, and the likes of late Ratan Tata, who received this level of protection under Indian trademark law. Mint explains why more brands are moving courts for the ‘well-known’ tag and how they use it. The Nutella case and what prompted…
AU Small Finance Bank on Thursday, 7 August 2025, received the Reserve Bank of India (RBI) ‘in-principle’ approval to transition into a ‘universal bank’ status, according to an official filing. “The Reserve Bank has decided to grant ‘in-principle’ approval to AU Small Finance Bank Limited (AUSFB) for transitioning from a Small Finance Bank (SFB) to…
Shillong, Aug 7 (PTI) Coal mining has officially resumed in Meghalaya under scientific and regulated frameworks, a decade after the National Green Tribunal (NGT) imposed a ban on such activity in the state in 2014, an official statement said on Thursday. Marking a significant shift towards environmentally sustainable practices, two coal blocks in Meghalaya –…
Mumbai: Life Insurance Corporation of India’s (LIC) foray into health insurance is delayed due to likely regulatory and policy changes in the broader sector and due to the weak growth environment in the segment, its newly-appointed managing director R. Doraiswamy said on Thursday. As such, the country’s largest insurer remains interested in the health insurance…
(Bloomberg) — French wine makers have seen catastrophic damage to vines that were almost ready to be harvested after the worst fires in more than 70 years burned through the south of the country. “The situation is catastrophic” for winegrowers, Franck Saillan, general secretary of the Aude winegrowers syndicate, said in an interview on Thursday….
New Delhi: Zambia has for the first time mandated pre-export checks of all Indian medicines destined for the African nation in a bid to curb the entry of substandard, adulterated and fake drugs. Starting 1 October, every medicine consignment must undergo document checks, physical inspection and quality testing by a laboratory appointed by the Zambia…
The wife-husband duo co-founded the Bengaluru-based flexible workspace provider in 2015. A month later, they took the IPO proposal to the board. Two factors were at play. First, venture capital and private equity investment had slowed over the past few years, leading to new-age companies turning to the public markets for funding. In 2024, 13…
Dubbed versions of southern films, especially Tamil and Telugu movies, appear to be losing their fizz in the Hindi-speaking belt. Recent titles including Kamal Haasan-starrer Thug Life (Tamil) and Game Changer (Telugu) have performed below par, raking in less than a 10th of earlier blockbusters from the south. With the exception of Pushpa 2 and…