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Bank holiday on Diwali 2025: Are banks closed for Dhanteras on October 18? Check details, holiday list

Bank holiday on Diwali: In the upcoming week, banks will observe closures on October 20, 21, and 22 for Diwali-related festivities across many states. 

17 Oct 2025 7:52 pm
Jio Platforms Q2 profit rises 13% on premium push, broadband demand ahead of IPO

Steady gains in broadband users and higher-value customers lift Jio Platforms Q2 performance as the Reliance unit preps for its 2026 stock market debut.

17 Oct 2025 7:21 pm
Mint Explainer: Traffic light warning system aims to shield Indian drug exporters from payment delays, defaults

The move directly addresses a surge in delayed payments, primarily from key growth markets in Africa and Latin America.

17 Oct 2025 6:29 pm
Donald Trump aide's crypto-friendly bank gets US approval to operate Can Indians open accounts at Erebor Bank?

Called Erebor, the bank is backed by a group of high-profile tech billionaires with ties to Donald Trumps administration and received conditional approval from the Office of the Comptroller of the Currency to operate in the US.

17 Oct 2025 11:49 am
Maharashtras 24/7 operations could help boost cinema business, pave the way for other metros

Maharashtra's decision to allow cinemas to operate 24 hours could boost cinema attendance by 25-30%. This move may attract young audiences and professionals, but requires compelling content and careful planning. Challenges include staffing and climate considerations in northern metros.

17 Oct 2025 6:00 am
The microloans driving Indias festive shoppingfrom smartwatches to protein powders

Low-interest consumer loans are fueling Indias festive shopping boom, as Gen Z and young shoppers splurge on everything from luxury gadgets to daily-use goods. This, however, is raising concerns that growing small-ticket debt could see an increase in bad loans.

17 Oct 2025 5:30 am
Worried about UPI frauds amid festive season? NPCI shares 5 tips for secure digital payments

Worried about UPI frauds amid festive season? NPCI shares 5 tips for secure digital payments

16 Oct 2025 11:48 pm
HDFC Life to cut agent commissions as GST impact hits financials

GST changes impacted the second-largest private insurers profitability and margins in the second quarter ended September. HDFC Life is in touch with distributors to realign some of the distribution commission.

16 Oct 2025 7:32 pm
Trai proposes steeper fines for telcos that don't report new plans and prices on time

A new draft order released on Thursday for public feedback proposes much steeper penalties than the current 5,000 for every day of delay, up to a maximum of 2 lakh, among other changes to the rules around such violations.

16 Oct 2025 7:18 pm
Soft demand, cost pressures may keep Indias airlines on a turbulent path

India's aviation sector faces challenges in Q2FY26, with domestic demand softening, higher fuel prices, and reduced capacity impacting recovery. Here is what brokerages expect

16 Oct 2025 7:01 pm
Paradise lost: Is Goa dying as Indias favourite beach escape?

Beaches, shacks, clubs, and greenerytheres very little to not love about Goa. Yet, after a massive boom post the pandemic, the states tourism sector is seeing excess supply, while its reputation is taking a beating. What went wrong, and how can it be fixed?

16 Oct 2025 5:08 pm
Jio Platforms Q2 preview: Rising broadband, premium users to lift growth ahead of IPO

Rising broadband demand, higher-value users and modest tariff tweaks are expected to lift Jio Platforms September-quarter performance as it readies for a 2026 stock market debut.

16 Oct 2025 12:52 pm
Mint Explainer: What infrastructure status for large vessels means for India's ship owners and shipyards

By granting infrastructure status to Indias shipping sector, the government has brought it on par with other core industries such as roads, ports and power. The measure will unlock long-term, low-cost finance for shipowners and shipbuilders and strengthen Indias maritime capabilities. 

16 Oct 2025 11:21 am
Axis Bank's standard asset provisions up on one-time reclassification impact, Q2 PAT falls 26% YoY

Although this spike in standard asset provision was massive, it was partially offset by a sequential decline in loan loss provisions, helping the bank contain overall credit costs.

15 Oct 2025 10:30 pm
Raymond Group commits 940 crore to Andhra Pradesh for dual aerospace and auto hubs

Raymond Group aims for 15% topline growth and 20% profit margin. They are cautious about inflated property deals and stress financial discipline. The Andhra Pradesh government approved 940 crore investments for aerospace and automotive manufacturing, expected to create 5,500 jobs by May 2027.

15 Oct 2025 6:56 pm
Mint Explainer: Why does India plan to spend 6.42 trillion to tap the Brahmaputra's hydro potential?

Unveiled on 14 October, the plan is Indias response to Chinas goal of developing the 60GW Medog dam on the Yarlang Tsangpo river (the Brahmaputra in China), which has raised concerns of a 85% reduction in the Brahmaputras flow during the dry season.

15 Oct 2025 3:06 pm
Reality shows: OTT platforms' next big content battle with TV

Video streaming platforms are innovating non-fiction formats to cater to younger audiences. Successful shows like Amazon MX Player's Hip Hop India and Netflix's The Great Indian Kapil Show demonstrate strong viewership. How OTTs are rewriting Indias reality playbook

15 Oct 2025 2:57 pm
Mint Explainer | The 4.5 trillion problem: Why is India talking 6G when its 5G rollout isn't paying off?

Indian telecom operators are grappling with 5G monetization issues as users notice little difference from 4G. While the industry eyes 6G developments, achieving profitability from 5G remains crucial for future investments and technological growth.

15 Oct 2025 12:59 pm