Ministry of Information and Broadcasting Secretary Chanchal Kumar outlined the critical factors for the media and entertainment sector's next growth phase, including robust intellectual property, sustainable revenue models, and disciplined investments. Speaking at the CII Big Picture Summit, he emphasised the government's role in fostering an environment for creative enterprises and addressing challenges posed by digital platforms and AI. The CII White Paper also projected a USD 100 billion Indian M&E sector, advocating for stronger IP and regulatory reforms.
A CII white paper released Thursday outlines a strategy for India's media and entertainment sector to achieve a USD 100 billion valuation by the early 2030s, requiring an annual growth rate of 15 per cent and significant policy reforms. The paper identifies key areas for growth, including broadcasting reform, anti-piracy measures, and investment in regional markets.
Four individuals, including the son of a Hyderabad Cricket Association member, were arrested in Hyderabad for allegedly selling complimentary tickets for the upcoming India vs West Indies T20 International match at inflated prices in the black market. Police acted on a complaint, apprehending the accused who obtained tickets through the HCA member's son and advertised them on social media.
Zoho Corporation has paused annual pay hikes and reduced marketing expenditure, citing a four-fold increase in server prices for AI infrastructure and an uncertain software sector outlook, according to founder Sridhar Vembu.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
High memory costs have driven average mobile phone prices up by 15 per cent.
'India is a large source of Spotify's future audience growth because it is the largest market in the world.'
Elon Musk has renewed his criticism of Mukesh Ambani regarding Starlink's entry into India, accusing Ambani's supporters of hypocrisy for simultaneously claiming Starlink can't compete with low prices and that it poses a strong competitive threat. Musk argues that competition would benefit Indian consumers and that Starlink would adjust pricing if too expensive. He also shared reports alleging Reliance-funded political donations. Communications Minister Jyotiraditya Scindia stated India does not permit monopolies and that multiple players, including Starlink, have received satcom licences.
Elon Musk has escalated his criticism of Indian industrialist Mukesh Ambani, sharing media reports that alleged Reliance-funded firms helped boost BJP campaigns on social media and made large political donations. This comes amidst a persistent delay in the launch of Starlink satellite broadband services in India, with Musk accusing Ambani of protecting a monopoly. The Indian government maintains its telecom framework is fair and non-discriminatory, while Reliance has not publicly responded to Musk's allegations.
Eutelsat OneWeb, a satellite communications company, is awaiting approvals from the Indian central government to launch its services, as confirmed by Sunil Mittal, chairman of Bharti Enterprises, the largest shareholder in the Eutelsat group.
A state-wide bandh was observed across Punjab on Thursday following the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Markets and educational institutions remained shut, and roads were blocked by protesters, disrupting traffic. Jhota was shot on Tuesday for questioning the illegal sale of addictive drugs. His family, supported by various political parties and farmer unions, has refused to perform his last rites until justice is delivered, demanding resignations of top officials and a CBI probe. The incident has intensified the political debate on drug menace and law and order in Punjab.
India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.
Cricket West Indies (CWI) CEO Chris Dehring has vehemently criticised the existing revenue model for bilateral cricket series, highlighting that the West Indies receive no financial benefit from their lucrative ongoing white-ball engagement with India.
A 'Punjab Bandh' was observed on Thursday, leading to widespread closures of shops and private schools and road blockades across several districts, following the murder of anti-drug activist Parvinder Singh Jhota in Mansa on Tuesday. Jhota was shot by a chemist owner for questioning the sale of addictive drugs. The incident has triggered significant political backlash against the Aam Aadmi Party government, with various organisations and opposition parties demanding accountability and a CBI probe.
Four members of the Hindu Raksha Dal were arrested in Delhi for allegedly assaulting students and women during a protest on October 10. The arrests came after a video of the incident went viral, prompting police to take suo motu cognisance despite no formal complaint. The incident occurred amidst broader protests and detentions.
Alpine managing director Steve Nielsen, a veteran of Formula 1 since 1985, shares insights into his four-decade career, the sport's evolution from a niche interest to a global powerhouse, and the roles of Bernie Ecclestone and Liberty Media in its growth. He also discusses the potential return of the Indian Grand Prix, highlighting India's significant F1 fanbase.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
Delhi Police has advised the public to avoid the Cockroach Janta Party's 'Lehra Do Tiranga' march scheduled for Friday at Connaught Place, citing prohibitory orders and security concerns. While offering to facilitate a symbolic flag-waving event elsewhere, police have stepped up security and warned of legal action against those defying orders, as the proposed venue, Central Park, will be closed.
Anti-drug activist Parvinder Singh Jhota was shot dead in Mansa, Punjab, on Tuesday. Preliminary police investigation suggests personal enmity as the motive, with a medical store owner, Ashwani Kumar, identified as the main accused. Police are conducting a manhunt for Kumar, whose associate has been arrested and family members detained. The murder has led to protests and vandalism.
The Brisbane 2032 Olympics organising committee officially launched its cockatoo-inspired emblems for the Olympic and Paralympic Games, embracing an accidental leak that saw the designs revealed three days early on their own YouTube channel.
Uttar Pradesh Chief Minister Yogi Adityanath announced the renaming of Kasari-Masari, a former stronghold of gangster Atiq Ahmed, to Shrikrishnapuri. The area in Prayagraj will see the construction of 1,200 homes for poor families on land reclaimed from the mafia leader. Adityanath reiterated his government's "zero-tolerance" policy against criminals and highlighted development initiatives.
American singer Mary Millben has become a prominent figure in Indian political discourse due to her outspoken support for Prime Minister Narendra Modi, using social media to defend him against critics and appeal to young Indians, despite her musical career being less known in the country.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
Elon Musk, CEO of SpaceX, stated that Starlink's services in India must be affordable for widespread adoption and that competition would benefit consumers, despite potentially reducing Reliance Jio's profits. He criticised Reliance Jio as a 'de facto monopoly' in India, alleging that certain business conglomerates were blocking Starlink's entry.
Former President Donald Trump's recent deal with Russia to supply diesel to the US and global markets has ignited a political firestorm, drawing sharp criticism from Ukraine's President Volodymyr Zelenskyy, Democratic leaders, and a segment of Republicans, despite the US Treasury lifting sanctions on Russian diesel supplies.
A planned protest by the Cockroach Janta Party (CJP) at Jantar Mantar, demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged voter-list manipulation, was thwarted by a massive security deployment in Delhi on Saturday. Thousands of protesters were detained as they attempted to gather at various alternative locations across the city, with metro services suspended and mobile internet blocked in some areas.
US President Donald Trump has announced an immediate "energy ceasefire" between Russia and Ukraine, noting that both the warring nations have agreed to the truce.
Following the murder of anti-drug activist Parvinder Singh Jhota in Mansa, police have suspended a station house officer and arrested the alleged shooter's wife. The shooter, Ashwani Kumar, and an associate are in police remand. Investigations are ongoing into Kumar's arms licence and drug network, while Jhota's family and activists demand further action and a CBI probe, leading to a 'Punjab bandh' on Thursday.
Delhi is under an unprecedented security clampdown with 25,000 police and paramilitary personnel deployed, 45 metro stations shut, and mobile internet suspended in parts of the city, as authorities deny permission for a protest by the Cockroach Janta Party against Chief Election Commissioner Gyanesh Kumar.
Apple has officially launched its Apple Pay service in India, initially partnering with Axis Bank for Visa and Mastercard credit card users. The service allows secure, cashless transactions via iPhone, iPad, and Apple Watch using NFC technology, without requiring PINs or OTPs. This move is set to intensify competition in India's digital payments market, currently dominated by UPI and local players, with Apple planning to onboard more banks and expand merchant networks.
The Social Reckoning may lack the crackling energy of The Social Network, but Aaron Sorkin delivers a timely warning about what happens when a world-changing platform escapes the control of its creator.
Several prominent INDIA bloc leaders, including Arvind Kejriwal and Mamata Banerjee, were detained by Delhi Police on Saturday while attempting to protest at Jantar Mantar. They were demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged irregularities in electoral rolls, with leaders condemning the detentions as an attack on democracy.
"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
Delhi Police launched a massive crackdown to prevent a protest against the Chief Election Commissioner at Jantar Mantar, detaining CJP leaders Abhijeet Dipke, YouTuber Dhruv Rathee, and nearly 500 others. The city was turned into a fortress with extensive security, metro closures, and barricades. Opposition parties, including AAP and Congress, condemned the actions, calling the situation "worse than the Emergency."
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
Leaders of the Cockroach Janta Party (CJP), including Saurav Das and Ashutosh Ranka, have vowed to escalate their agitation against Chief Election Commissioner (CEC) Gyanesh Kumar, expanding protests nationwide after their release from detention. They allege an "emergency-like situation" created by the Modi government, illegal detentions, and harassment of protesters, drawing parallels to the 1975 Emergency. The CJP is protesting alleged irregularities in voter rolls and demanding Kumar's resignation, accusing authorities of suppressing dissent.
The Reserve Bank of India's Monetary Policy Committee (MPC) has commenced its three-day meeting, with a majority of economists and bankers anticipating a 25 basis point rate hike to counter escalating inflation risks, particularly from West Asia conflicts.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
A cultural festival at Badrinath Dham has ignited a major controversy due to a loud music and dance event, leading the Chamoli district administration to issue a show-cause notice to the Garhwal Scouts. Senior BJP leader Murli Manohar Joshi and the Shankaracharya Math have strongly condemned the event, citing violations of cultural and religious decorum and the sanctity of the holy shrine.
