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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.
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.
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%.
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.
The move comes against the backdrop of India-Pakistan tensions in border states.
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.
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.
Experts said that the order may not have a significant impact on Indian companies, which provide the bulk of generic drugs to the US.
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.
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.
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.
Analysts attributed the sales slowdown in southern states to headwinds in the services sector, specially IT services, and startups.
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.
Part of this is due to the nature of BPO companies' work, which does not depend on clients' non-essential expenditure to earn revenue.
India's auto part makers could disrupt a supply chain dominated by Chinese manufacturers
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.
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.
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.
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.
South Korean digital comics are a multi-billion-dollar industry. Hollywood wants a share of the profits