The decline in imports narrowed the gap between inbound and outbound shipments, allowing the country to swing into a net exporter position after years when cheap steel inflows had raised concerns over the profitability of domestic producers. During the nine-month period, India exported 4.79 million tonnes (mt) of finished steel, up 33% from 3.60 mt…
Bank holiday today, 14 January: Makar Sankranti, one of the major Indian festivals, falls on 14 January, 2026, and has led to confusion regarding whether banks will remain open or closed across India today. Many public and private sector banks across regions will remain closed as there is a bank holiday on 14 January as…
Canadian-American entertainment company Starz Entertainment Corp., formerly Lions Gate Entertainment Corporation, has sold Lionsgate Play—its streaming platform in South Asia and Southeast Asia—to Rohit Jain, president of Lionsgate Play Asia. All other Lionsgate film and television businesses in India and Southeast Asia will remain with the studio. Jain will transition fully to managing Lionsgate Play…
Mumbai: Standard Chartered Bank is doubling down on its strategy of focusing on affluent customers through the launch of its priority banking suite of products. The products include wealth expertise, international banking, sales and service expertise, and lifestyle benefits. The foreign bank first unveiled its affluent market strategy in October 2024. Earlier, it offered all…
Cold to severe cold wave conditions are likely to persist over Himachal Pradesh, Punjab, Haryana, Delhi, Rajasthan, Jharkhand, and Odisha for the next two to three days before easing, said the India Meteorological Department (IMD) in its latest forecast. Minimum temperatures over northwest India are expected to remain largely unchanged for the next 48 hours,…
The government is working to expand the reach of the homegrown Unified Payments Interface (UPI) to more countries, especially in East Asia, financial services secretary M. Nagaraju said on Tuesday. UPI transactions are currently accepted in eight countries—Bhutan, Singapore, Qatar, Mauritius, Nepal, United Arab Emirates, Sri Lanka, and France. Speaking at the Global Inclusive Finance…
The pilot plant, established within the white walls of the Indian government’s International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) in 2023, has scaled up to produce 250kg a day of the critical mineral that constitutes a significant percentage of a battery cell’s chemistry today. The scientists at the research centre are…
Single-screen cinemas, which dominated the country’s theatrical landscape a decade ago, have shrunk to about 6,500 properties in 2025 from 9,500, hit by rising real estate prices and the availability of content on streaming platforms, according to experts. The bigger concern, they said, is that multiplex growth, with only 3,700 such screens currently, is still…
NEW DELHI: India’s decade-old electronics industry is poised to grow nearly three times faster than its larger IT services sector over the next five years. By 2030, both industries are expected to generate $500 billion each, contributing to a $1 trillion digital economy. The electronics sector, which ended last year with $125 billion in revenue,…
From established players to startups, apparel brands are increasingly focusing on shapewear—body-hugging innerwear worn under clothes to provide support and improve fit—as it delivers steady demand even when fashion spending is weak. Easy availability on quick-commerce platforms and strong discoverability on social media are repositioning shapewear from an occasional purchase to a wardrobe essential for…