The industry is expected to raise these concerns with road transport minister Nitin Gadkari on 11 November, in what may be a last attempt to secure some relaxation in timelines. Industry executives said two issues dominate the debate: the ability to scale up supply and the increase in costs that could follow. Analysts estimate vehicle…
The government is reviewing a law to modernize and simplify outdated regulations governing the world’s second-largest sugar producer, and if the Centre goes ahead with plans to revise the Sugarcane (Control) Order, 1966, income of sugarcane farmers could rise. The 1966 order was framed when sugar was the only major output from cane, but does…
Anand, came out of retirement from Axis Bank to head the Hinduja Group-backed private sector lender on 25 August. Before Anand’s tenure, IndusInd Bank witnessed its incumbent chief executive Sumant Kathpalia and deputy chief executive Arun Khurana exit unceremoniously and under a cloud of alleged insider trading. In an interview to Mint, Anand, whose three-year…
Mumbai: Finance Buddha, a bootstrapped financial services platform, is betting on its loan distribution and aggregation model, as well as its agent network, as it raises capital from the public markets. The initial public offering (IPO) of the 13-year-old fintech, backed by Ashaish Kacholia and Mahendra Singh Dhoni, will be open for subscription till 10…
The company’s gesture made for a heartwarming story. But what didn’t garner as much attention was the news that Lloyds Metals and Energy is one of the few companies to have entered the steel sector in the last two decades. The company is setting up steel plants in Gadchiroli and Chandrapur districts in Maharashtra at…
Bank holiday next week: All private and public banks across the country will remain shut only on Sunday, 16 November, as part of the regular weekly holiday. Other than this scheduled closure, banks are expected to operate as usual on all other days of the week. According to the Reserve Bank of India’s (RBI) official…
India’s domestic air travel market, once the face of a sharp post-pandemic rebound, is beginning to show signs of fatigue. Data from the Directorate General of Civil Aviation (DGCA) reveals that domestic passenger traffic has declined for three consecutive months through September 2025, marking the first sustained slowdown since 2022. After two years of recovery…
The e-commerce platforms no longer only collaborate with publishers on affiliate programs as they have done for long, they now enable influencers and everyday users to create, publish, and livestream directly on their apps. This shift has grown such affiliate marketing activity on e-commerce platforms multifold in the last one year, according to online retail…
Bank holiday today: All private and public Banks in Bengaluru will be closed today, 8 November on the occasion of Kanakadasa Jayanthi, according to the Reserve Bank of India’s (RBI) region-wise holiday calendar list. However, banks in the rest of the country will remain open today. Banks are typically closed across different parts of the…
Mint explainer: Centre extends deadline for ₹5,000 crore pharma R&D scheme. Here’s why? ₹5,000 crore government initiative is aimed at positioning India as the “laboratory of the world”.”/> ₹5000 crore scheme,pharma r&d funding,centre deadline extended,generics to innovation,india pharma hub,research and innovation,NCE development,make in india pharma,healthcare R&D,pharma startups,MSME pharma grants,NIPER research,priority pathogens,orphan drugs”/>…