The Reserve Bank of India (RBI) has unlocked a fresh source of funds for the nation’s property sector, allowing banks to lend directly to real estate investment trusts (Reits) for the first time. The decision, announced on Friday by governor Sanjay Malhotra, ends years of regulatory disparity between Reits and their infrastructure peers, InvITs. By…
The development assumes significance as billionaire Gautam Adani’s newest airport has been operating for over a month without network coverage from private telecom operators, causing persistent connectivity issues for passengers. “Bharti Airtel has commenced signal testing at the airport NMIA to evaluate the viability of providing mobile network services,” said one of the people cited…
Reserve Bank of India (RBI) Governor Sanjay Malhotra today announced measures to provide protection and compensation for customers against digital frauds. Addressing the media after the central bank’s Monetary Policy Committee (MPC) meeting on 6 February, Malhotra said that customers could get up to ₹25,000 compensation for losses in small-value digital frauds. In his statement,…
Several companies have expressed interest in manufacturing and demand aggregation for containers made in India, Sonowal, ports, shipping and waterways minister, said, citing names including the world’s largest container shipping line Mediterranean Shipping Company (MSC); second-placed and Danish giant A.P. Moller – Maersk and No. 3 and Marseille-based CMA CGM; along with domestic firms including…
Four of the country’s largest IT outsourcers—Cognizant Technology Solutions Corp, Infosys Ltd, HCL Technologies Ltd, and Wipro Ltd—are partnering with smaller firms and adopting their AI agents for software development, data analysis and marketing, highlighting the business transformation unleashed by generative AI three years ago. While these partnerships could accelerate capability building and bring better…
Nearly three out of four Air India planes were found to have recurring defects, while one out of three IndiGo planes reported recurring faults between January 2025 and February 2026, according to an analysis undertaken by the country’s civil aviation ministry. Overall, 50% or 377 of the 754 commercial planes analysed were found to have…
According to media consulting firm Ormax, footfall in Telugu cinema declined to 181 million in 2025, from 213 million in 2024 and 242 million in 2023. This underscores a key imbalance: While the box office collection rose about 1% year-on-year, the growth was driven largely by higher average ticket prices (ATP), particularly for tentpole films,…
The comparison with March 2020 is inevitable because the bank, founded by now disgraced banker Rana Kapoor, was on the brink of collapse. The Reserve Bank of India (RBI) stitched together a rescue involving the State Bank of India (SBI), ICICI Bank Ltd, Kotak Mahindra Bank Ltd, among others. These lenders infused capital after the…
Reliance Industries Ltd chairman Mukesh Ambani sought to assuage fears over artificial intelligence on Wednesday, even as the debut of new artificial intelligence (AI) tools rattled technology investors worldwide. From an Indian perspective, AI is immensely advantageous, Ambani said, drawing parallels to the dawn of the Industrial Revolution that supercharged global growth. The tycoon’s comments,…
Big-ticket sporting events remain the top draw on over-the-top platforms in India, despite significant investment in original shows and movies. The India vs New Zealand men’s cricket series on JioHotstar garnered 17.2 million views, followed by the Women’s Premier League at 6.6 million for the week of 19-25 January, according to media consulting firm Ormax…