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Sugs Lloyd secures 43.37 crore power infrastructure order from PSPCL

The order, precisely valued at 43,37,82,924, is designated for Loss Reduction Works on a turnkey basis under the central government's Revamped Distribution Sector Scheme (RDSS) in Punjab.

3 Dec 2025 11:06 pm
A solar glut is building in India. Can the industry withstand China-style pain?

According to estimates from Wood Mackenzie, Indias solar module manufacturing capacity will exceed 125GW by 2025, which is more than three times its domestic demand. The pain of oversupply could force consolidation, separating the men from the boys.

3 Dec 2025 5:00 pm
Mint Explainer | How Air India blundered by missing a routine airworthiness review for an aircraft

India's aviation regulator is probing Air India for flying an Airbus A320 without a valid Airworthiness Review Certificate. The airline has acknowledged the error, suspended eight employees, and initiated an internal investigation.

3 Dec 2025 4:57 pm
Mint Explainer | India just approved its first scent trademarkheres what it means for brands

By accepting a rose fragrance on tyres as a trademark, India has entered the era of sensory IP protection. But who stands to gain?

3 Dec 2025 4:35 pm
Mint Explainer: Why are quick commerce platforms selling cosmetics for 1?

Higher margins on these products are only part of the reason.  

3 Dec 2025 4:17 pm
AI turns vintage tracks into fresh revenue streams for music labels

Music labels are leveraging AI to enhance content catalogues, creating videos for audio tracks without visuals. This approach reduces costs by up to 70% and aims to maximize reach on platforms like YouTube, while ensuring the integrity of original art is maintained.

3 Dec 2025 4:09 pm
India may allow e-ambulance manufacturers to import traction motors fitted with rare earth magnets till March

India's push for e-ambulances under the PM E-drive scheme highlights the urgent need for localized production of critical components. Experts believe that this initiative will not only enhance service efficiency but also strengthen the domestic supply chain.

3 Dec 2025 3:50 pm
Mint Explainer | Is Sanchar Saathi India's anti-fraud shield or a surveillance overreach?

The Centre's order to pre-install the Sanchar Saathi cybersecurity app on mobile devices triggered pushback from various quarters, bringing to the fore a key question: Can this application meaningfully crack down on digital scams in India?

3 Dec 2025 12:36 pm
Bank holiday today: Are banks open or closed on Wednesday, 3 December, for feast of St. Francis Xavier?

Bank Holiday Today, 3 December: Banks in Goa will remain shut on 3 December to observe the feast of St. Francis Xavier, which is the death anniversary of the saint.

3 Dec 2025 8:51 am
How visa delays for Chinese staff threaten India's grand battery plans

Chinese workers currently receive six-month visas, after which they must return home and wait for some months before returning.

3 Dec 2025 5:50 am
Heartburn at lenders as loan rates fall but deposit rates don't

Floating-rate loans are repriced immediately, while deposit rates are fixed, squeezing margins, public sector bank chiefs told RBI officials ahead of the 5 December policy outcome. 

3 Dec 2025 5:45 am
ICICI Bank's 'Baa3' rating reaffirmed by Moody's on strong financials

The reaffirmation, according to the Moody's, reflects the bank's robust financial position, which is underpinned by a diversified loan portfolio and above-industry-average profitability.

2 Dec 2025 10:26 pm
Discoms eye solar plus storage solutions, says minister Pralhad Joshi

Despite 67.5 GW bid out since April 2023, delays in signing power purchase and sale agreements threaten Indias 2030 renewable targets.

2 Dec 2025 9:33 pm
Mint Explainer | IIT job offers get creative, but can bonuses and clawbacks hold talent?

Companies are offering deferred pay, joining bonuses, clawbacks, and stock options to attract IIT graduatesbut will it be enough to keep them?

2 Dec 2025 4:17 pm
Discounts on tickets lure young audiences to multiplexes but dampen spending on food and drinks

Urban youth-centric films are popular but multiplex chains like PVR Inox reported a dip in spend-per-head due to high F&B prices. Family-friendly films drive higher concession sales, indicating a need for diverse programming.

2 Dec 2025 1:32 pm
Mint Explainer: Why does the government want to buy back congested highways?

The Union government is finalising a new model concession agreement for build-operate-transfer toll highways that will allow it to reclaim stretches of road once traffic touches a predetermined limit. Whats the rationale behind this?

2 Dec 2025 12:53 pm
India plans global EV summit as it rewires plan to spur investments, fix supply chain

The event will be positioned as a sequel to the 2018 MOVE Summit that was inaugurated by Prime Minister Narendra Modi.

2 Dec 2025 10:05 am
Exports buoy agrichem firms, revenue growth seen consolidating to 6-7% in FY26: Crisil

The industrys return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and domestic demand strengthens from this years weak base, Crisil said

1 Dec 2025 7:27 pm
Banks can't rely on service providers' assurance: RBI deputy guv on technology outsourcing

RBI deputy governor Swaminathan J. urges lenders to gain a deep understanding of the technology, control environment, and the concentration risk that arises when they depend on the same provider.

1 Dec 2025 7:12 pm
Buying tobacco or pan masala? New excise, Health Security se National Security Bills to bring these changes

During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.

1 Dec 2025 6:47 pm
Your attention is the new currency for India's streaming apps.

Metrics such as total time spent by users on a platform, time spent per session, content completion rates, and user interactions, including likes, comments, and shares, get priority plateauing paid subscriber growth.

1 Dec 2025 3:17 pm
Animation meets mythology: Can Mahavatar Narsimha s 300 cr triumph spark change in Indian films?

Mahavatar Narsimha, an animated mythological film, grossed 300 crore without marketing, marking a shift in India's animation landscape.

1 Dec 2025 3:11 pm
Mega PSU bank merger plan: Can India do it without amplifying risks?

India plans new PSB mergers to create global-sized banks to fund major projects. Success depends on balancing scale against the heightened systemic risk of concentrated power.

1 Dec 2025 12:46 pm
Govt mulling relaxations as made-in-India battery push runs into delays

The Union heavy industries ministry is weighing extensions and easier localization norms for the beneficiaries of the 18,100-crore PLI-ACC scheme that was announced in 2021.

1 Dec 2025 6:00 am
Bigger cheques return to Indian startups as investor confidence rises

Deal value is on the mend as well, and that's despite lower volumes. While 2024 saw early-stage startups raise $1.5 billion across 513 deals, this year so far has seen 432 deals with companies raising a total of $1.6 billion. 

1 Dec 2025 6:00 am