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To address rising threat of antimicrobial resistance, Indias drug regulator plans an overhaul of regulations for antibiotics, including ban on OTC sales, improving tracking of use, and promoting development of new antibiotics, aiming to curb the public health crisis resulting in significant deaths.

Several online skilling platforms moved offline in 2023 after the pandemic-era edtech boom fizzled. They scaled up by offering co-branded courses from IITs, IIMs and private universities. Now, many want more.

IDFC First Bank has reduced interest rates on savings accounts by up to 200 basis points, effective January 9. Balances between 1 lakh and 10 lakh will now earn 5%, while higher slabs see minimal changes. The move reflects banks' struggles to attract deposits amid rising credit growth.

Recent social media hype around three startup aviation companies masks a turbulent reality: A trail of compliance nightmares, court convictions and capital shortfalls. Can these shaky companies truly survive a dogfight with the industrys giants? A Mint investigation.

While the removal of sanctions and the capture of President Nicolas Maduro theoretically unlock the worlds largest oil reserves and threaten to worsen the supply glut, oil prices haven't plummeted. Why is this, and what does it mean for India?

The Indian government plans to introduce a 21-digit Battery Pack Aadhaar Number (BPAN) for electric vehicle batteries, enhancing traceability and providing vital information about battery health and origin, benefiting manufacturers, owners, and financiers.

SBIs rare move to raise 6,000 crore via certificates of deposit underscores tight liquidity and deposit stress, even as credit demand remains strong across the banking system.

The past year has seen the rollout of insurance marketplace Bima Sugam, approval for 100% foreign direct investment in insurance, and GST exemption on retail term and health insurance premiums.

The telecom regulator lacks strong statutory powers that are granted to Sebi. Trai can only impose penalities on specific violations like spam and the quality of services. But even these fines go unpaid as operators move the appellate tribual. 

Speaking at the firms annual press conference, top executives stated that fragmented markets and weak profitability are prompting venture-backed fintech players to consolidate rather than compete.

As venture capitalists pour funds into the defence-tech ecosystem, startups are aiming to transform into full-stack companies.  

The push for southern content by Netflix and JioHotstar is seen as a strategy to boost India's OTT growth. With a growing audience of 601.2 million, premium regional originals could engage viewers beyond metropolitan areas, fostering broader market appeal.

Mumbais real estate landscape is expanding into Bandra Bay, a newly branded luxury micro-market at Bandra Reclamation.

The increase in domestic price so far appears to be sustainable with more headroom for increase. However growth in domestic capacity and capacity utilization might restrict gains.

Bank holidays next week: In total, there are up to seven bank holidays next week, including the weekend offs. However, this does not mean that all banks across India will be closed for seven days.

Indian drugmakers, known for their chemistry and prowess in making genericscheaper copies of innovative drugsfor the world, have started pivoting towards innovation to stay competitive globally. Those who took the earliest, and riskiest, bets saw decisive gains this year.