Bank holiday today: According to the RBI calendar, banks in India will be closed on 22 November as it is the fourth Saturday of the month. 

The scheme was conceived in the wake of a supply crisis earlier this year when China temporarily halted exports of these magnets, rattling manufacturers globally.

As the market for weight management and anti-obesity grows rapidly in India, diagnostic players are hoping to cash in on the wave. However, experts believe that the drug boom may not translate into an equally large opportunity for diagnostics.

Industry bodies also said measures such as single registration, single licence and single return for employers, along with an inspector-cum-facilitator system instead of strict enforcement, would make it easier to do business.

Strong marketing margins and stable fuel prices drive operating profits to $18-20 per barrel, supporting 90,000 crore capex and improving credit metrics for state-owned oil firms.

The Supreme Court has reversed its May judgment, restoring the possibility of post-facto environmental clearances and reigniting debate over the balance between development and environmental safeguards in India.

The goal of the initiative is to help policymakers to easily spot trends in this sensitive sector of the economy, make timely policy interventions, and prevent the misuse of subsidies.

Chip companies are making more high-bandwidth memory chipsused in graphic processing units that Nvidia sells for artificial intelligence data centres. This has created a supply shortage of general-purpose chips.

Trai faces challenges regarding the upcoming spectrum auction, with Big Tech and telecom companies in disagreement over the use and pricing of radio spectrum. Key issues include when to auction the 6 GHz band, price reductions, and spectrum caps.

Currently, drug licences do not explicitly ban advertising. The draft proposes making prohibition of advertisements for high-risk Schedule G, H, H1, and X drugs a mandatory condition of all drug licences, according to an official, who spoke on condition of anonymity.

While President Trumps latest action is primarily aimed at keeping domestic US inflation in check, it is expected to assist Indian exporters of agricultural commodities, who have been facing a 50% tariff rate since late August.

Over 80,000 crore in debt should have killed Vodafone Idea. Instead, the government quietly took majority ownership, then engineered an unprecedented legal twist to reconsider its own AGR calculations. Our deep dive into this policy pivot.

The charm of the Indian film industry's bumper festive weekends has waned, with festivals failing to draw crowds as before. Experts point to over-reliance on holidays, hiked ticket prices, and lack of star power, stressing the importance of quality content to sustain audience interest.

Pressure is spreading beyond unsecured microfinance into what was once considered a relatively stable asset class, but lenders and analysts offer differing reasons for this.

Facing fierce competition, rising customer acquisition costs, and product similarities in the mass market, Indian beauty brands are launching ultra-premium or prestige lines.

REEVs are electric vehicles supported by a small internal combustion engine to charge the battery when it is running low. Currently, no Indian manufacturer sells such vehicles in India.