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…
Over the past two weeks, financial institutions such as Axis Bank Ltd, Power Finance Corp., Canara Bank, ICICI Bank Ltd, Indian Railway Finance Corp, and ICICI Prudential Life Insurance Co. have issued bonds with a tenure of 10-15 years, collectively raising around ₹19,600 crore. “Market participants are wary of whether the yields will come down…
Crew shortages due to new duty-time rules, technical breakdowns at key airports, and heavy winter congestion have precipitated the crisis, according to the airline. Mint explains why IndiGo has been hit the hardest. What are the new flight duty-time limitations? India’s second and final phase of Flight Duty Time Limitations (FDTL), designed to reduce pilot…
Theatres are looking to 2026 for a turnaround after two uneven years. The coming year packs a rare concentration of star-heavy releases, with Shah Rukh Khan, Salman Khan, Ranbir Kapoor, Vijay and several others returning to the big screen. Trade experts believe that even in an increasingly content-focused market, the comeback of marquee faces could…
NEW DELHI: India’s entertainment and media (E&M) industry is set to grow from $32.2 billion in 2024 to $47.2 billion by 2029, at a compound annual growth rate (CAGR) of 7.8%, nearly double the global average of 4.2%. This growth is being fuelled by rising digital participation, a large youth population, expanding broadband access, and…
The new guidelines are a response to increasing complaints against banks for pushing customers to download bank mobile applications to avail internet banking services or to activate cards. These rules come at a time when the regulator has been focussing on customer experience and cracking down on banks to stop bundling of services. “RBI’s Digital…
Sugs Lloyd Limited, a popular engineering, procurement, and construction (EPC) solutions provider in the power sector, has secured an order valued at ₹43.37 crore from the Punjab State Power Corporation Ltd. (PSPCL). The project will substantially boost its ongoing portfolio, the company said in a stock exchange filing on Wednesday. The order, precisely valued at…
Music labels such as Saregama and Times Music are increasingly turning to AI to create new content and bolster their vast collection of songs, while adding moving images to old catalogues, particularly devotional categories, that lacked videos, resurrecting their appeal. These refreshed tracks are being uploaded on YouTube and other social media platforms for a…
Swiggy Instamart and Zepto have launched campaigns in which customers can buy select beauty products for just ₹1 once they add cosmetics worth a certain amount to their cart. BigBasket’s BB Now, meanwhile, is offering deep discounts on all beauty and skincare products. Mint explains why these platforms, which earn most of their revenue from…
In a move that could reshape how brands think about identity, the Trade Marks Registry has accepted a rose fragrance infused into tyres as a trademark, breaking new ground for sensory branding in India. Until now, scents were considered almost impossible to protect because they couldn’t be clearly represented on paper. Experts say the ruling…