India is at a “Goldilocks moment” and must seize it to close long-pending trade deals, accelerate infrastructure investment, and build domestic AI and digital capabilities to secure long-term economic gains, Bharti Enterprises chairman and founder Sunil Mittal said on Friday. Speaking at the HT Leadership Summit in New Delhi, Mittal described the current environment as…
Bank Holiday today, Saturday: Banks across India will remain open today on Saturday, 6 December, as it is the first Saturday of the ongoing month. According to the RBI Bank Holiday calendar, all public and private banks are usually open on first, third and fifth Saturdays of the month. This means that today is a…
While Dr Reddy’s can’t sell the drug domestically until Novo’s patent expires in March 2026, it can export it to countries where the Danish drugmaker does not have patent protection. Given the order has significant implications for India’s domestic pharma landscape, dotted with patent litigations between the country’s generic players and innovators, Mint explains how…
On 14 November, the Northern Region Load Despatch Centre (NRLDC) cited concerns over grid security to curb the evacuation of power from the plants in Rajasthan. NRLDC said it was restricting a mandatory no-objection certificate due to “evacuation constraints” in Rajasthan, the Indian state with the highest solar power production. Out of the above 23GW…
Mumbai: The Reserve Bank of India is not in favour of credit growth running ahead of economic fundamentals and is comfortable with the current pace, roughly in line with GDP, even as the central bank does not set explicit targets for either credit expansion or economic growth, Governor Sanjay Malhotra said. “Last 10 years, it’s…
IndiGo, India’s largest carrier by fleet and market share, is reaching a new low with each passing day over the last few days. Today, the airline has cancelled all domestic departures from Delhi, and this has been followed at various other airports until various time slots today. The airline seems to aim at a total…
India’s civil aviation regulator withdrew its instruction on Friday that prohibited airlines from substituting pilots’ leave—casual, sick, or earned—with weekly rest, easing pressure on duty rosters. This effectively means that if a pilot takes a day off or a 24-hour leave, the airline can adjust it against their weekly rest requirement. Simply put, airlines do…
IndiGo—India’s largest carrier and operator of nearly 57% of all winter departures—has entered one of its worst operational stretches since going public in 2015. The airline was founded in 2006. A mix of pilot shortages, a surge in leave requests, and what the airline itself calls planning gaps in implementing India’s new flight duty time…
“It was obvious they weren’t theorizing. They understood propulsion because they had lived it, tested it, failed, and learned in real labs,” said managing partner Anirudh Damani. Back then, the venture capital firm wrote a small cheque in a $3 million seed round. Five years on, that technical depth has become a magnet for investors….
The lack of adequate charging facilities, and the range anxiety that stems from it, remains a critical bottleneck for mass adoption. The government plans to address this with the PM E-Drive scheme, aiming to set up more than 72,000 public chargers by FY28, when the scheme lapses, with a ₹2,000 crore budget, targeting urban areas…