Mint Explainer | Rains, rising taxes, and weak demand: What’s souring India’s alcohol business
Alcohol sales have been under pressure for a while as consumer spending slowed, major states hiked taxes, and younger Indians...
Business
The man bringing India its Avatar moment
From Mumbai garage to Hollywood: The man bringing India its Avatar moment ₹4,000 crore and a decade...
India’s streaming boom stalls as television retains dominant grip on viewers
It may be an overstatement to say that cord-cutting is gaining traction in India, as a recent report by media...
For India’s banks, the worst on margins may not be over yet
The hit, though expected, appears stickier than banks had guided. Many lenders had projected a recovery in the second half...
Banks cut government debt holdings to increase advances as deposit growth slows
Banks are mandated to hold at least 18% of their net demand and time liabilities (NDTL) in government papers and...
Red flag from unions — Oppose new plans for public sector bank mergers
The government is said to be weighing new plans to restructure state-run lenders, a move that could mark the second...
Indian carmakers on alert after Dutch takeover of China-owned Nexperia triggers global chip crunch
The Dutch government’s move to take control of chipmaker Nexperia has provoked Chinese retaliation, constricting supplies of critical chips used...
Microfinance is taking baby steps to recovery but there is a long walk ahead
Bad loan ratios moderated and loan collections improved in the September quarter due to the return of borrower discipline, bankers...
Connected devices may face mandatory security checks before you can use them
The proposed recommendations will require all connected devices in critical sectors—from medical scanners and smart meters to transport control systems...
Global entities Lynas, Iluka, Rainbow show interest in supplying rare earth oxides to bidders
The development assumes significance given that these three mining majors are key players in the global effort to challenge Chinese...
