Initial optimism for a bumper season this year compounded the disappointment for retailers. While early signs of a La Niña — a weather pattern typically known for bringing freezing temperatures to India — triggered some early buying in the previous quarter, the season remained unusually mild, leaving stores with a surplus of winter clothing. Excess…
The agencies—Automotive Research Association of India (ARAI), Pune; International Centre for Automotive Technology (Icat), Manesar; Global Automotive Research Centre (Garc), Chennai; and National Automotive Test Tracks (Natrax), Chennai—will be upgraded at a total cost of ₹776.29 crore, two government officials aware of the plan said on the condition of anonymity. The initiative by the Union…
“I have seen videos that influencers have been taking at 5am and 6am, saying the beaches are empty,” Rohan Khaunte Goa’s minister for tourism, IT, E&C, and printing and stationery, told Mint in an interview. “We have done our numbers. The 5-stars [hotels] and 4-stars [hotels] are running at almost 100% capacity…” he said. “That…
The tips of tall towers that are being built and yellow construction cranes are visible from afar. Overlooking the Osman Sagar lake on one side, Neopolis in west Hyderabad, spread across over 530 acres, looks like a new city being built from scratch. Indeed, Neopolis means ‘new city’ in Greek. Property agents are marketing it…
Companies sold a record 15.9 million personal computers, including 11.4 million laptops, in India in 2025, according to data from Counterpoint and two other market research firms. That compares with 14.4 million PCs sold in 2024, of which 10.1 million were laptops. By comparison, 154 million smartphones were sold in India in 2025, marking yet…
Mumbai: The Reserve Bank of India (RBI) has proposed exempting smaller non-bank lenders that do not take public funds or deal directly with customers from registering with the central bank to ease operational compliance. “Considering their peculiar business model and lower risk profile, it has been decided that the ‘NBFCs (non-banking financial companies) not availing…
In an interview with Mint, Anil Kumar Lahoti, chairman of the Telecom Regulatory Authority of India (Trai), said the regulator is reviewing the existing framework governing telemarketers to identify areas where responsibilities are not being met and is open to strengthening the rules if required. Lahoti also said Trai is moving toward a full rollout…
On PharmEasy, a digital-first diagnostics and pharmacy company backed by Prosus and Temasek, HPV vaccines now account for nearly 25% of total vaccine sales, making it one of the fastest-growing segments within its preventive healthcare portfolio. The rise reflects growing consumer awareness and easier access through digital channels, particularly in urban India. “HPV vaccination has…
India has seen a surge of war and patriotic films in recent years that resonated deeply with audiences, but the latest releases have dramatically raised the bar, translating into explosive box-office collections. Bollywood continues to stick to a nationalist narrative that has found reasonable commercial success, while gradually upping the ante with higher production values,…
In a move aimed at deepening the financing pool for India’s real estate sector, the Reserve Bank of India (RBI) has proposed allowing banks to lend to Real Estate Investment Trusts (REITs). The step is expected to help REITs raise long-term capital at a more efficient cost, supporting their growth and potentially boosting income for…