Diwali 2025: For individuals concerned about Unified Payments Interface (UPI) fraud or falling victim to scams while making digital transactions through their payment platforms, the National Payments Corporation of India (NPCI) has issued guidelines to secure their digital payments. The authorities recommended that people should follow the ‘Stop, Think, Act’ principle, as stopping to think…
The slowdown is most visible in the domestic segment, which accounts for nearly 80% of total air traffic. Domestic passenger traffic fell 3% year-on-year in July to 12.61 million. This was accompanied by a 0.81% overall flight cancellation rate in the month. The decline is partly attributed to the fatal Air India crash in June,…
The Telecom Regulatory Authority of India (Trai) wants to tighten the rules for telecom operators and internet service providers that don’t report their new plans or prices on time. A new draft order released on Thursday for public feedback proposes much steeper penalties — starting at ₹10,000 a day for the first week of delay,…
“From a customer perspective, definitely the entire benefit is being passed on to customers,” chief financial officer Niraj Shah told Mint. “…we are already in touch with all our distributors in terms of realigning some of the distribution commission. Those conversations are in progress, and I think we will execute all of them in the…
“I generally like beach and scuba vacations,” he told Mint, asking not to be identified by more than his first name. Last month, he booked an impromptu trip to Thailand. The math was simple: return flights from Bengaluru to Krabi in southern Thailand were ₹17,000 only while a return ticket to Goa was ₹9,000 for…
The continued momentum assumes significance ahead of Jio’s planned listing by the first half of 2026, with higher average revenue per user (Arpu) and improved profitability seen as critical to securing a stronger IPO valuation. Jio and its parent Reliance Industries Ltd (RIL) are set to report their quarterly results on Friday, 16 October. Revenue…
The measure aims to unlock long-term, low-cost finance availability for shipowners and shipbuilders, strengthen India’s maritime capabilities and push the country closer to its vision of becoming a global maritime power by 2047. Mint explains how the development can be a gamechanger for the shipping sector. What does inclusion of large ships in the Harmonised…
One-time standard asset provisions due to the declassification were ₹1,231 crore, bringing the total standard asset provisions for the quarter to ₹1,568 crore—up from ₹154 crore in the previous quarter and ₹140 crore in the corresponding quarter of last year. However, a sequential decline in loan loss provisions resulted in overall provisions and contingencies of…
Andhra Pradesh government announced on Wednesday that it formally approved two significant investments from the Raymond Group, collectively valued at ₹940 crore, focusing on the advanced manufacturing of aerospace and automotive components. These approvals, sanctioned under the state’s Industrial Development Policy 4.0, are projected to create 5,500 direct jobs in the Sri Satyasai district. “The…
Amazon MX Player’s Hip Hop India and Rise and Fall, and Netflix’s The Great Indian Kapil Show prove that both viewership and brand adoption are strong for the category. In the mid-year list of most-watched streaming originals by media consulting firm Ormax, although fiction has attracted higher viewership, several non-fiction shows have also made it…