The conglomerate’s twin announcements over the past month – to invest over $500 million in India through electric vehicle (EV) maker VinFast and scale up overall investments to $5 billion in the country to explore entry by other group firms – come as it pulls back from an aggressive push in the US automobile market….
Killing two birds with one big stone — can Bollywood sequels crack it? ₹538 crore, has heightened expectations for its sequel. However, the effectiveness of two-part films in Indian cinema varies, relying on the first film’s success and the strength of the narrative to attract audiences.”/> …
Bank holidays next week, 22 December to 28 December: Banks will be closed for six days in the upcoming week in some parts of the country, including weekends, according to the bank holiday calendar released by the Reserve Bank of India (RBI). Bank holidays in India differ from state to state and are based on…
McDonald’s Netherlands released a fully artificial intelligence (AI)-made advertisement titled “It’s the Most Terrible Time of the Year,” a play on the classic Christmas carol. The commercial uses quick cuts to show people struggling with holiday chores—putting up a Christmas tree, baking festive goodies and rushing to finish their shopping. With the help of AI,…
India, once a maritime super power, has lost its way and has fallen off the global shipping map. Its share in shipbuilding is a paltry 0.06% of global output measured in terms of gross tonnage. It is ranked 20th in the world. In terms of ship ownership, India is ranked 22nd with an overall share…
Bank holiday today: December 20 is a bank holiday in Sikkim for harvest festival celebrations of the Lepcha and Bhutia communities. There is a total of 17 holidays for public and private banks in India in December 2025, according to the Reserve Bank of India’s (RBI) official state-wise calendar for 2025-26. These include the weekend…
With the scheme notified this week, it’s clear what the government is trying to do—create a midstream industry that uses refined rare earth oxides to make magnets for sectors such as defence, electronics, renewable energy, and electric vehicles. But how will the incentive package actually play out in a complex web of stakeholders that include…
Friday saw the biggest deal of the year – Mitsubishi UFJ Financial Group pouring nearly ₹40,000 crore into Shriram Finance, India’s second largest non-banking finance company, for a 20% stake – in the sector highlighting how India has emerged as a magnet for global capital chasing lenders. Strong balance sheets, regulatory support, and sustained growth…
Guidelines for Transparency in Ventilator Usage by Private Hospitals, posted on the Directorate General of Health Services website recently, and reviewed by Mint, aim to ensure that this life-saving treatment is used ethically and not as a tool for financial exploitation. “The government aims to restore trust in the private healthcare system and ensure that…
Co-lending relationships between regulated lenders such as banks and non-banking finance companies (NBFCs) on one side, and fintech firms on the other, are expected to change significantly over the next three to five years, experts said at a Mint BFSI Summit panel discussion. Speaking at the summit, Ravi Narayanan, managing director and chief executive officer…