RBI will take necessary steps to maintain financial stability and facilitate enabling conditions for sustainable and robust growth, says governor Shaktikanta Das. Photo: Pradeep Gaur/Mint

RBI will take steps to help sustain growth: Shaktikanta Das

2 min read . 20 Jan 2019 Gopika Gopakumar

Das said the external sector requires careful monitoring given the volatility in crude oil prices and the global financial market
The RBI governor also stressed the need for keeping continued vigil on the asset quality of banks

RBI governor Shaktikanta Das. Photo: PTI

RBI governor Shaktikanta Das sees inflation assessment a challenge

2 min read . 19 Jan 2019 Dhirendra Tripathi

Das said there was thus a need to brace up for any sudden bout of global financial market turbulence
There are several provident and pension funds of salaried people who are holding bonds issued by IL&FS

The ₹55,000 crore investment announced Friday does not include the petrochemical plant Adani plans to set up in a joint venture with BASF at Mundra.

Adani earmarks ₹55,000 crore over five years for Gujarat

2 min read . 20 Jan 2019 PTI

Adani's plans include a Data Center Park in Mundra, a copper smelting project and a Lithium battery manufacturing complex
This will lead to the creation of over 50,000 jobs in the state

At the recently concluded Golden Globe Awards, the show won the Best Television Series – Musical or Comedy, while Douglas took home the trophy for Best Actor in a Television Series – Musical or Comedy.

Netflix orders season two of ‘The Kominsky Method’

1 min read . 18 Jan 2019 PTI

The announcement was made by Netflix's dedicated news handle See What's Next on Twitter

Film review: ‘Glass’ questions the idea of superheroes

2 min read . 19 Jan 2019 Udita Jhunjhunwala

M Night Shyamalan ties up a trilogy and constructs his own cinematic universe in Glass.

Emraan Hashmi (L) and Shreya Dhanwanthary (R) pose during the promotion of the comedy drama Hindi film ‘Why Cheat India’in Mumbai. Photo: AFP

Emraan Hashmi’s ‘Why Cheat India’ dominates week at box office

2 min read . 18 Jan 2019 Lata Jha

Emraan Hashmi neatly channels his bad boy image into his character Rakesh, and continues the underplaying that he effectively displayed in the recently released film Tigers.

A decade ago, Hollywood films contributed about 3-4% of the total business in the country. The figure was 22% as recently as 2013.

2018 a blockbuster year for Hollywood

2 min read . 18 Jan 2019 Lata Jha

About 65 Hollywood films were released in India in 2018 as compared to 228 Hindi films.

The confusion about what Rakesh (Emraan Hashmi) is supposed to stand for continues through the film ‘Why Cheat India’.

Film review: ‘Why Cheat India’ has a villain problem

3 min read . 19 Jan 2019 Uday Bhatia

'Why Cheat India' movie review: Soumik Sen's film on the rotten state of entrance exams in the country doesn't have enough going for it.

Netflix signed 7.31 million new paid customers outside the US in the fourth quarter, or about 83 percent of all new subscribers. Photo: Reuters

Netflix’s biggest rival isn’t HBO but a video game

1 min read . 18 Jan 2019 Bloomberg

The results suggest that Netflix's unprecedented spending spree on new movies and shows may not pay off as quickly as expected despite the buzz for hugely popular hits like the horror movie Bird Box, which was seen by 80 million subscribers.

Trai believes that the motives for the switch from analogue to digital cable systems

How Trai’s tariff order will affect your cable bill

2 min read . 19 Jan 2019 Lata Jha

Mint analyses the impact of the Trai's tariff order on consumers and broadcasters

While unnecessary prescriptions are a leading cause for the emergence of super bugs, a lack of awareness among patients is worsening the situation. Photo:

Hooked to the pill: India’s antibiotics overkill

8 min read . 18 Jan 2019 Srishti Choudhary

The misuse and overuse of antibiotics is rampant in India, resulting in 'super bugs' that are resistant to all known types of drugs.

IndiGo and GoAir operate A320 neo planes powered by P&W engines. Photo:Reuters

DGCA imposes restrictions on IndiGo, GoAir in operating P&W engines-powered A320 neo planes

1 min read . 19 Jan 2019 PTI

DGCA bars airlines from operating A320 neo planes to Port Blair in the wake of problems with their P&W engines
IndiGo, GoAir have been directed to carry out certain inspections of the P&W engines

The museum will house equipment such as cameras, recording machines, projectors, posters of old movies, artefacts of Bollywood, and biographies of stars. Twitter

A glimpse into history of Indian cinema through national museum

1 min read . 18 Jan 2019 Jyotika Sood

Prime Minister Narendra Modi will inaugurate the National Museum of Indian Cinema on 19 January

In 2016, Niko sold its 33.3% stake in the Hazira field in Gujarat to Sun Petrochemicals Pvt. Ltd. Photo: Bloomberg

KG-D6 issue: Niko serves arbitration notice to RIL and BP

2 min read . 20 Jan 2019 Kalpana Pathak

Niko’s share of the funding requirement for the development of these projects is estimated at $200 million
Niko has a 10% stake in the KG-D6 block. RIL owns 60%, while BP owns a 30% stake

After taking over as the 25th governor of the RBI last month, Shaktikanta Das has been holding meetings with various stakeholders including banks, NBFCs and MSMEs. Photo: PTI

CII asks RBI to cut repo rate, cash reserve ratio

1 min read . 18 Jan 2019 Gopika Gopakumar

CII has also asked for a backstop facility to address liquidity crisis at NBFCs, and relief for MSMEs, besides a refinance facility for mutual funds.

UCO Bank shares closed at Rs20.80 per unit, up 0.73%, on BSE. Photo: Mint

UCO Bank board approves raising Rs1,000 crore via QIP

1 min read . 18 Jan 2019 PTI

UCO Bank board also approved raising Rs500 crore from tier-II bonds

Hotstar, Voot, ZEE5, Arre, SonyLIV, ALT Balaji, Reliance Jio, Netflix and Eros Now have currently agreed to sign up to the code. Photo: Bloomberg

Hotstar, SonyLIV, Netflix and 6 other video streaming players adopt self-regulation code

1 min read . 17 Jan 2019 Lata Jha

The self-regulatory Code under the aegis of IAMAI attempts to protect consumer interest while offering viewers a variety of content choices and exercising creative freedom

Photo:Mint

Reliance Jio Q3 profit swells 22% to ₹831 crore, user base over 280 million

1 min read . 17 Jan 2019 Dhirendra Tripathi

Reliance Jio had recorded a net profit of ₹681 crore in the corresponding period a year ago

According to BSE data, promoters held 30.02% in Kotak Mahindra Bank as on 30 September. Photo: Mint

HC to hear Kotak Bank’s plea on stake dilution in March

1 min read . 18 Jan 2019 Maulik Vyas

Reserve Bank of India has sought more time from Bombay high court to file its reply to the writ petition filed by the Uday Kotak-controlled Kotak Mahindra Bank.

Worried by a drop in oil prices and rising supplies, OPEC and its allies including Russia agreed in December to return to production cuts in 2019Photo:Reuters

Before start of new oil pact, OPEC made progress averting glut

1 min read . 17 Jan 2019 Reuters

The reduction in December is the biggest month-on-month drop in OPEC supply since January 2017

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