Bank holidays in December 2025: Banks to be closed for 13 days next month — check state-wise holiday list

Bank holidays in December 2025: The Reserve Bank of India has declared 13 bank holidays for December 2025, according to its official state-wise holiday calendar for the fiscal year 2025-26. Bank holidays in India differ across states and are influenced by national, regional, and religious events. In addition to the designated holidays, banks will be…

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Steel ministry orders SAIL, NDMC to acquire critical assets abroad

The move highlights the Indian government’s clear shift towards having its own mineral securitization program through ownership of mines and assets, rather than relying on imports. This would shield entities from geopolitical fluctuations, ensuring uninterrupted supplies, and also reduce import bills for some key raw materials used to make steel. The two entities, both under…

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Centre to spend ₹4,500 crore to modernize SCL Mohali

The Centre will spend ₹4,500 crore over the three years to modernize state-run Semi-Conductor Laboratory (SCL) in Mohali, electronics and IT minister Ashwini Vaishnaw told reporters on the sidelines of the chips-to-startups programme at the facility on Friday. The Centre plans to fund the investment from the ₹76,000 crore India Semiconductor Mission (ISM 1.0). “The investment…

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Telecom operators slam Trai’s draft rules, call 1% turnover penalty excessive

India’s telecom service providers have opposed the regulator’s proposal to impose turnover-linked penalties of up to 1% for filing incorrect or incomplete financial reports. The government relies on these filings to verify operator revenues, compute statutory levies such as licence fees and spectrum usage charges, and intervene to ensure fair competition and protect consumer interest….

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Niche language films widen box office beyond native states with strong storytelling

Lokah Chapter 1: Chandra, a Malayalam female superhero flick, and Gujarati hits Jhamkudi and Umbarro, are among the relatable, emotionally engaging yet visually appealing films that have aided this segment, so far known for compelling stories but languishing in the shadows of Hindi, Tamil and Telugu cinema as far as commercial success went. Their box…

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Organized sector to drive India’s food services market 60% higher by 2030: report

New Delhi: India’s food services industry is set to surpass $120-125 billion by 2030, marking around 60% absolute growth from $78 billion in 2025, according to the Kearney-Swiggy ‘How India Eats 2025’ report, released on Thursday. This growth will be led by rising incomes, digital adoption and expanding supply chains that are reshaping how the…

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Buy scale instead of burning cash to build it

In the latest instance, Upskilling company UpGrad Education Pvt. Ltd is exploring a deal to acquire test-prep platform Unacademy (Sorting Hat Technologies Pvt. Ltd), underscoring the growing consolidation across the country’s digital economy. “(Though) not every deal is about grabbing market share, that’s definitely the flavour of the season in the digital world,” said Sandeep…

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