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Centre plans strict timelines, penalties for miners to ensure critical mineral security

The draft Mineral (Auction) Second Amendment Rules, 2025 includes provisions to levy penalties as a percentage of the performance guaranteepaid by successful bidders to statesfor delaying the exploration activity beyond four months after getting the contract.

13 May 2025 6:00 am
Mint Explainer: Why Indian pharma is spooked by Trumps latest drug policy

US President Donald Trump plans to slash prices of prescription drugs in the country by 30-80%. How will this impact Indian drugmakers, who mostly ship relatively inexpensive generic medicines to the US? Mint explains.

13 May 2025 6:00 am
US-China trade truce brings relief, but India's tariff advantage may narrow

Weekend talks at Geneva between top officials of the two countries saw the US agree to cut tariffs on Chinese goods from 145% to 30%. Likewise, China agreed to lower tariffs on US imports from 125% to 10%.

13 May 2025 5:40 am
Summer getaways get costlier: Airfares up 10-15% on high demand, supply woes

To be sure, out of a fleet of 818 commercial aircraft in the country, 133 planes are grounded due to engine and supply-chain concerns. Union minister of state for civil aviation Murlidhar Mohol informed parliament in March that over 680 aircraft were operational in the country.

13 May 2025 5:30 am
All India Chemists and Druggists association urges members to ensure adequate stock supplies in border states

The move comes against the backdrop of India-Pakistan tensions in border states.

12 May 2025 8:04 pm
Circular economy: What Hyderabad can teach the rest of India

After making steady progress over the last 25 years, Hyderabad today leads the nation in regenerating and recycling its waste material. However, that template has not been replicated by other cities, despite India generating 62 million tonnes of municipal solid waste every year.

12 May 2025 5:56 pm
Virat Kohli to continue to rule ad world despite retirement from Tests, T20Is

Virat Kohli is a 'superstar' brand just like Amitabh Bachchan, the Khans, Sachin Tendulkar, and M.S. Dhoni, say brand consultants, and it will be a while before he starts lowering his rates. 

12 May 2025 3:46 pm
Trumps planned drug price cuts trigger decline in share prices: Will Indian pharma be impacted?

Experts said that the order may not have a significant impact on Indian companies, which provide the bulk of generic drugs to the US.

12 May 2025 2:26 pm
Content studios turn to YouTube to launch new originals despite surge in premium streaming platforms

YouTube's ad-supported model allows for wider reach and community building, making it attractive for studios looking to maintain ownership and monetise through various revenue streams.

12 May 2025 1:15 pm
Banking for minors: A progress whose time has come

As a nation, our collective mobile usage has jumped after the covid pandemic, but the steepest rise is seen in the 10-19 years age group. Against this backdrop, the RBIs decision to permit minors aged 10 years or older to operate bank accounts reflects the societal shift.

12 May 2025 12:19 pm
Canara Bank CEO expects corporate loan growth to pick up in second half of FY26

Canara Bank expects the second half of the financial year to see some revival in demand for corporate loans. He also said demand is limited to sectors where it was seen in the last financial year.

12 May 2025 11:11 am
Rich south India struggles to buy cars while northern and western states surge ahead

Analysts attributed the sales slowdown in southern states to headwinds in the services sector, specially IT services, and startups.

12 May 2025 7:00 am
Bank holiday today: Are banks open or closed on May 12 for Buddha Purnima 2025? Check here

Bank holiday today: On May 12, 2025, banks will be closed in various cities across India for Buddha Purnima, as per the RBI calendar. This holiday celebrates the birth of Siddhartha Gautama, the founder of Buddhism.

12 May 2025 6:35 am
BPO companies can better navigate Gen AI, macro uncertainty than IT cos

Part of this is due to the nature of BPO companies' work, which does not depend on clients' non-essential expenditure to earn revenue.

12 May 2025 5:55 am
Auto parts makers are battling EV to tariff threats. They may have found the next big thing

India's auto part makers could disrupt a supply chain dominated by Chinese manufacturers

12 May 2025 5:30 am
India to boost production of combat medicines, pharma dept told to prepare list of drugs

In a war-like situation, health expenditure significantly goes up due to higher demand for medical care, particularly for combat-related injuries and the mental health impacts of conflict.

11 May 2025 7:03 pm
ACs heating up your electricity bill? Heres how that could change

What if your power bill were to shrink to less than half of what it is today? After more than a century, dating back to the time Willis Carrier built the first air conditioner in 1902, cooling technology is changing. Heres what that means for you, your home, and your wallet.

11 May 2025 6:00 pm
Bank holidays this week: Will banks remain closed on Buddha Purnima? Check full schedule here

Bank holidays this week: Check the dates and full schedule here for May 11-18, 2025, including if banks are closed for Buddha Purnima, weekend leaves and Sikkim state day.

11 May 2025 12:47 pm
Music labels crack the whip as influencers flout copyright rules on social media

Despite clear policies restricting the use of licensed music to non-commercial posts, influencers routinely embed trending tracks into branded posts to boost their reach. But music companies have had enough.

11 May 2025 11:53 am
If you havent heard of webtoons, you will soon

South Korean digital comics are a multi-billion-dollar industry. Hollywood wants a share of the profits

10 May 2025 10:27 am