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Foreign investors eye co-investment deals in Indias infrastructure sector: NIIF CEO
Established in 2015 as a sovereign-backed investment platform, NIIF continues to act as a bridge between global capital and Indias expanding infrastructure ecosystem
India OMCs face Rs 1 lakh crore losses as fuel price freeze continues
Despite a nearly 50% rise in crude oil input costs since the Middle East conflict began, fuel prices in India have largely remained unchanged, leading to mounting financial strain.
US asks to keep collecting Trumps tariffs after court loss
The Trump administration has asked a US appeals court to pause a trade court ruling that struck down President Donald Trumps 10% global tariffs, allowing the levies to remain while the legal challenge continues.
Eli Lilly halts India obesity awareness campaign after regulatory scrutiny, seeks rules clarity
Eli Lilly halted its obesity awareness campaign in India. The nation's drug regulator cautioned the company about potential violations. The campaign aimed to reframe obesity as a chronic disease. It featured various media without naming specific products. Lilly cited regulatory uncertainty and conflicting guidance. The regulator's advisory prohibited indirect promotion of medicines. This pause impacts a public health initiative.
'I'll set aside the Iranians for the evening': Trump hosts Rose Garden Club Dinner
Quote of the day by Audrey Hepburn: He quote defines true beauty as stemming from the soul, not just physical appearance. Her words emphasize compassion, passion, and character as the lasting qualities that deepen with age. Hepburn's legacy extends beyond her iconic film roles to her dedicated humanitarian work.
U.S. Stock market investors would hope that S&P 500, Dow Jones, Nasdaq will continue record run.
US releases another wave of emergency oil as gas prices bite
The US has awarded 53.3 million barrels from its Strategic Petroleum Reserve to firms including Trafigura, Marathon Petroleum and Exxon Mobil as part of efforts to cool oil and fuel prices amid the Iran war. Trafigura received the largest share of nearly 13 million barrels. The oil will be released between June and August, when US gasoline demand typically peaks.
Venezuela soon to become America's 51st state? Here's truth to Donald Trump's shocking remarks
Donald Trump has made similar comments about Canada. Rodrguez went on to say that Venezuelan and U.S. officials have been in touch and are working on cooperation and understanding.
The ugliest animal on Earth may be humanity's best hope for living longer here's the science
Naked mole rats, known for their longevity and cancer resistance, possess high levels of a protective molecule called HMW-HA. Researchers successfully transferred a gene responsible for HMW-HA production into mice, leading to increased lifespan and reduced inflammation, suggesting potential for improving human health and aging.
India Inc backs Modis appeal to cut gold buying and foreign travel amid West Asia tensions
Indian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and fuel. Industry leaders are urging domestic investment. Jewellery stocks saw a decline, though the government denied plans for increased import duties on gold and silver. Companies are monitoring the situation and adapting their strategies.
U.S. Stock Market: Investors in an S&P 500 index fund may think they are diversified, but this is mostly an illusion. As RBC Wealth Management analysts note, more than $40 of every $100 invested goes into just 10 companies.
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy days
India's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery was driven by stronger demand for premium spirits, particularly in urban markets, as mass-market demand remained subdued due to inflation and taxes.
Quote of the day by Tina Fey highlights a message about opinions, work, and self-focus. The quote encourages people to stop spending energy on changing others and instead focus on personal goals. The message connects with life lessons on human nature, positivity, and challenges. Tina Feys career journey adds context to the quote. The story explains meaning, relevance, and lessons while sharing details about her career and achievements.
Hims stock after Hims & Hers earnings: Hims & Hers Health shares dropped significantly after reporting a surprise first-quarter loss and revenue below expectations. Despite these weak results, the company raised its full-year revenue outlook and projected strong second-quarter revenue, as it navigates regulatory scrutiny around weight-loss drugs.
Quote of the day by Jane Fonda shares a message about life lessons, success, human nature, and perfection. The statement explains how people can focus on growth and acceptance instead of chasing perfection. The life and career of Jane Fonda show how the quote connects to real events and achievements. The message helps readers understand balance, purpose, and personal development in daily life.
LIVE | Trump hosts 2026 national football champion Indiana Hoosiers at White House
PVR Inox back in the black in Q4 as blockbuster films drive earnings recovery
In an inspiring financial turnaround, PVR INOX reported a net profit of 186 crore for the March quarter, bouncing back decisively from last year's losses. Their annual performance also dazzled, ending with a robust profit of 333 crore.
Old stock turns gold for retailers as smartphone prices rise amid memory cost inflation
As memory prices experience inflation, the landscape of India's smartphone market is shifting. Retailers momentarily benefit from increased profits, pushing older models at inflated prices, while distributors are left juggling higher investments in stock and stricter credit terms.
A former FBI profiler suggests blood evidence indicates Nancy Guthrie was alive when abducted from her Arizona home. Jim Clemente believes the suspect made significant mistakes, indicating inexperience and stress, which could lead to his capture. The investigation remains active with ongoing DNA and video analysis.
Temasek, TPG look to admit more investors to Cloudnine
Temasek and TPG Newquest are on the hunt for new financial partners for Cloudnine Hospitals, a premier name in mother and child healthcare. The company has snagged a valuation of $1 billion and aims to secure between $200-300 million in this fundraising round.
Life offers adventures beyond travel. Trying new things and taking risks builds confidence. Ian Fleming, creator of James Bond, urged embracing opportunities. Saying yes to experiences helps people grow and learn. Avoiding challenges leads to a dull existence. Embracing uncertainty makes life exciting and memorable. Live boldly and make the most of your time.
Bullion industry proposes plan to turn India's idle gold into working capital
India's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and limiting the use of imported gold to jewellery exports. Jewellers are being asked to participate in gold monetisation programs. These initiatives aim to reduce the country's reliance on imported gold and improve the balance of payments.
Getting them at DISCOUNT!: Florida Gov DeSantis jokes about buying statues removed in blue states
NSE withholds rupees 78 crore payout after police complaint over unauthorised F&O trades
Stock exchanges froze 78 crore in settlement payouts to over 3,000 clients across 160 brokers after a police complaint alleged unauthorised Nifty options trades in a client's demat account on May 5.
Quote of the day by Rita Rudner shares humor about marriage and relationships. The line speaks about finding one person to annoy for life. The quote highlights commitment, daily life, and shared happiness. The story explains Rita Rudners career, early life, and work. It also explores the meaning and lessons from the quote. Readers learn why the quote connects with modern relationships and everyday married life.
Quiet moves by corporate giant spark buzz in Indias alcobev and drinks industry
In a surprising turn of events, a prominent Indian firm is said to be eyeing the bustling beverage market. With a series of discussions involving global alcohol companies and local beverage artisans, along with the onboarding of top-tier talent, chatter is rife about their potential plans.
No plan to hike gold import duty despite Modi's appeal to skip buying, says government official
India denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressures. The government official confirmed no duty hikes are planned. Gold and silver imports saw significant increases last fiscal year. Industry experts suggest potential smuggling if duties rise. The jewellery sector is adapting to maintain affordability.
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at risk
Microfinance has become a double-edged sword, with substantial debt levels amassing to about 15,800 crore among borrowers juggling multiple loans. These individuals, often in over their heads, face the harsh reality of being ineligible for new loans. As they struggle with repayment, the risk of defaults looms large over the microfinance landscape.
PM Modi flags import costs, supply fears amid austerity call
Prime Minister Narendra Modi has called for austerity measures to navigate the West Asian crisis. He urged citizens to minimize private vehicle use, embrace public transport, and carpool. Offices should prioritize virtual meetings, and schools can opt for online classes. Reduced consumption of edible oil and gold is also advised until the situation stabilizes.
Supreme Court agrees to hear IEX plea against power market coupling order
The Supreme Court will review the Indian Energy Exchange's challenge to a regulatory order. This order mandates market coupling for power trading. The court refused to halt the implementation of this process. The Indian Energy Exchange argues the order is arbitrary and will harm its market share. The Central Electricity Regulatory Commission is now required to respond to the appeal.
SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax
The Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non-residents. The court reiterated its March 2021 ruling that such payments are not royalty, as end-user licenses do not transfer copyright. This decision provides significant tax relief for Indian companies acquiring software.
Henkel to end Pril, Fa licensing deal with Jyothy Labs after 15 years
Jyothy Labs will see its partnership with global firm Henkel conclude after May 31. Licensing agreements for Pril dishwashing and Fa personal care brands will not be renewed. While this may impact near-term revenue and margins, Jyothy Labs' diversified portfolio and strong distribution network are expected to ensure long-term business stability.
AICC to hold talks with ex-PCC chiefs on Kerala CM
The Congress central leadership is engaged in extensive discussions with Kerala party leaders to decide the next chief minister. This process aims to ensure maximum consensus. Views from former State PCC presidents are being sought. Allies of the UDF are also observing the developments. Rahul Gandhi and Priyanka Gandhi Vadra are involved in these deliberations.
West Asia war pushes half of Dubai's 2026 property handovers to 2027
The ongoing West Asia conflict is impacting property project completions in the UAE. Developers face delays of six to nine months. Construction costs have risen significantly. Many projects scheduled for 2026 handovers will now be pushed to 2027 or later. This situation affects the UAE's booming real estate sector.
Bombay High Court restrains WhatsApp ad that showed Asian Paints losing stain test
The Bombay High Court has halted a social media advertisement targeting Asian Paints. The ad allegedly compares Asian Paints' product unfavorably with Berger Paints. The court acted swiftly due to the advertisement's clandestine circulation on platforms like WhatsApp. Asian Paints claims the ad unfairly depicts their product's performance. The case will be heard again on June 22.
Net interest margin to fall, Bank of Baroda can look to upsize treasury, wealth business
Bank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitability. The bank plans to enhance fee income to offset this. A new primary dealership business will support debt capital market expansion. Efforts are underway to strengthen subsidiaries like BoB Cards and Nainital Bank.
UPL posts 18% revenue rise on global crop protection recovery
UPL Limited saw an 18% revenue jump last quarter. Global demand for crop protection products recovered. Its seeds business also grew significantly. This helped annual revenue increase by 11%. The company's net profit rose in the fourth quarter. Strong cash flows strengthened its balance sheet. Business conditions are improving.
Anne Frank's powerful words offer hope even in dark times. Hiding from Nazis, she focused on the beauty that remained. Her diary, published after her death, shares her experiences and wisdom. This message of resilience continues to inspire millions worldwide, reminding us of the human spirit's strength. Her legacy educates about prejudice and the importance of dignity.
Dr. Howard Tucker, a Cleveland neurologist recognized as the worlds oldest doctor, believed longevity comes from staying mentally active, emotionally balanced, and living in moderation. Before his death at 103 in December 2025, Tucker shared lessons from his long career and personal life, emphasizing curiosity and purpose over strict health trends. His philosophy focused on enjoying life responsibly while maintaining meaningful relationships, intellectual activity, and a positive mindset.
Tamil Nadu Assembly convenes as Vijay-led DMK govt prepares for crucial floor test
Tamil Nadu Chief Minister C Joseph Vijay and several other prominent leaders, including opposition figures, took their oath as members of the 17th legislative assembly. Minister S Keerthana initially missed her oath but later submitted her certificate and was sworn in.
TCS Nashik case: AIMIM corporator Mateen Patel faces demolition notice after Nida Khan's arrest
Chhatrapati Sambhaji Nagar civic administration plans to demolish AIMIM corporator Mateen Patel's house. This follows allegations of illegal construction. Patel's home was used by a TCS staffer evading arrest. The administration is also initiating proceedings to disqualify Patel. BJP and Shiv Sena allege AIMIM backing in the case. The TCS staffer has been remanded to judicial custody.
Tamil Nadu CM Vijay meets Stalin, Udhayanidhi ahead of crucial floor test
Tamil Nadu Chief Minister C Joseph Vijay met former Chief Minister MK Stalin and Deputy Chief Minister Udhayanidhi. The meeting occurred at Stalin's residence. This visit comes just days before a significant floor test in the Assembly scheduled for May 13. Vijay also met with PMK chief Ramadoss and MDMK supremo Vaiko.
Syrma SGS Q4 Results: Net profit surges 67% to 119 crore, driven by strong revenue growth
Syrma SGS Technology Ltd experienced an impressive financial year, reporting a remarkable 87% increase in net profit, reaching Rs 345.8 crore. The company's revenue saw substantial growth as well, with export revenue exceeding Rs 1,200 crore.
SBI chairman says rapid rise of AI-driven lending brings new vulnerabilities for banks
SBI Chairman CS Setty highlighted the dual nature of digital finance growth, noting both opportunities and vulnerabilities like cyber risks and algorithmic biases. He stressed that trust must be the foundation of India's expanding financial system, emphasizing that innovation should not compromise safety or inclusion.
High-performing employee Says hard work only led to punishment: 'I am done...'
An employee's admission of exhaustion from being labeled a top performer sparked widespread discussion on Reddit. After years of overachieving and addressing team underperformance, the worker was transferred, feeling punished for commitment. Now on a new team, they seek advice on reducing workload without jeopardizing their position.
Indias new FTAs offer investment opportunities, but utilisation remains weak: Commerce Secretary
Commerce Secretary Rajesh Agrawal urged industries to leverage India's newly finalised free trade agreements, noting a historical underutilization of such pacts. While FTAs have boosted trade volumes, exports have lagged behind imports, potentially due to strong domestic demand in India's rapidly growing economy. New agreements with developed nations are expected to attract investment by going beyond tariffs.
India plans Made in India brand scheme, targets gaps in domestic manufacturing
India is identifying 100 products for enhanced domestic manufacturing, including auto parts, to boost production for global markets. A 'Made in India Brand Scheme' is planned, following a successful pilot in the steel sector, to assure quality and value addition. Companies are urged to invest long-term, leveraging opportunities from new free trade agreements and the impact of AI on manufacturing.
Rajasthan SOG probes NEET 'guess paper' with 120 matching questions
Rajasthan Police are investigating the NEET exam for alleged malpractice. A guess paper with 410 questions is under scrutiny. Approximately 120 questions from this paper reportedly appeared in the Chemistry section. This document was allegedly circulating for up to a month before the exam. Authorities are working to determine the extent of any criminal activity.
Scientists just found the holy grail gene that could let humans regrow their own limbs one day
Scientists studying naked mole rats discovered a gene linked to high levels of high molecular weight hyaluronic acid (HMW-HA), a substance associated with cancer resistance, reduced inflammation, and healthy aging. Researchers at the University of Rochester transferred the gene into mice and found that the animals lived healthier lives with a modest lifespan increase.
India has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring information within 15 days. This aims to speed up cases and stop tax evasion. India will also track its own requests to foreign nations. These changes prepare India for sharing crypto asset data starting April 2027.
TMC tells Supreme Court: Voter deletions in SIR exceeded BJP's win margin in 31 WB seats
Trinamool Congress told the Supreme Court that voter deletions impacted West Bengal election results. The party stated winning margins in 31 seats were less than deleted voters. They cited Jangipara constituency where over 5,000 voters were deleted, exceeding the victory margin. The court noted a separate application is needed for election result issues. Appeals are to be decided quickly.
Assam: CM-designate Himanta Biswa Sarma to take oath with four ministers on Tuesday
Himanta Biswa Sarma will take oath as Assam Chief Minister on Tuesday. Four ministers will be sworn in with him. Prime Minister Narendra Modi will attend the ceremony. Top NDA leaders and Chief Ministers from 22 states are also expected. Ranjit Das will be the candidate for Speaker of the Assam Legislative Assembly.
Akshaye Khanna, known for his reserved demeanor, once passionately defended a junior artiste who was publicly humiliated during a lunch break. He confronted producers, emphasizing the dignity of all crew members and the importance of goodwill in filmmaking. This rare emotional outburst revealed his compassionate side.
'Yes, we'll discuss Hormuz': Trump REVEALS high-stakes agenda for Xi summit after Iran mess-up'
A Reddit post by an IT developer from Milan has gone viral after he claimed he was fired shortly after refusing to accept a salary reduction despite having a signed contract. The employee said tensions at work increased after he rejected the pay cut request, followed by closer monitoring and criticism of his performance. He was later terminated for bad performance, which he believes was linked to the earlier dispute.
Big Fat Hug or Cold shoulder over Iran? What are the odds that Trump-Xi meet can go south?
China-like grid planning needed to meet renewable energy goal: MNRE secretary
India aims for 1,800 gigawatts of renewable energy by 2050. Achieving this requires a super grid, similar to China's. The government plans to spend $574 billion by 2030 on high-voltage lines. Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.
Ancient stardust frozen in Antarctic ice just revealed where Earth has been in the universe
Scientists found ancient stardust in Antarctic ice. This dust comes from exploded stars. It shows Earth has traveled through space clouds. The ice acts like a time capsule. It records our planet's path. This journey spans thousands of years. The findings reveal the structure of these cosmic clouds. Earth continues its grand voyage through the galaxy.
'I don't trust Marjorie Taylor Greene!': AOC blasts 'leftist hero' MTG, calls her proven bigot'
In a world shaped by constant demands and endless stimulation, even the smallest spaces can turn into emotional refuges. Sometimes, what appears to be avoidance is actually the brain searching for a brief sense of quiet, safety and control.
India-US trade talks set for next round, but Section 301 probe remains hurdle
India anticipates a US trade delegation for upcoming talks, which will address all outstanding issues, including the Section 301 probe. A proposed trade deal with the US will not progress until this investigation concludes. The US initiated the Section 301 investigation in March, alleging India's excess capacity in several sectors.
Trump says he will discuss arms sales to Taiwan with China's Xi
As US President Donald Trump prepares for his upcoming visit to Beijing, a pivotal topic on the agenda is the discussion of arms sales to Taiwan with Chinese President Xi Jinping. Trump is reassured by the prospect of avoiding escalation over the Taiwan issue during his presidency.
The US is tightening H-1B visas. Its economy may pay the price
A wave of legislative proposals in Washington targets the H-1B visa program and the broader immigration pipeline for skilled workers. Bills like the End H-1B Visa Abuse Act 2026 propose pauses, reduced caps, higher salaries, and elimination of Optional Practical Training.
Portugal eyes bigger role in Indias infrastructure, manufacturing push as trade ties deepen
Portugal's Minister of State for Economy, Joo Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlighting strong India-Portugal trade ties. He emphasized opportunities in renewable energy, IT, textiles, and advanced manufacturing, advocating for joint ventures and technology transfer to deepen economic collaboration.
Children Educational Allowance helps employees cover educational expenses for their children under the old tax regime. Here's a look at the eligibility and non-eligibility of tuition fees deduction under Section 80C.
West Asia conflict 'worrisome', Industry giants echo PM Modis message to citizens
Sweet Magnolias Season 4 ended with a major surprise when Maddie Townsend accepted a career opportunity in New York City, potentially pulling her away from Serenity and the close-knit friendship at the heart of the series. Now, Season 5 appears set to explore whether the Magnolias can withstand distance, personal ambition and changing relationships.
Quote of the day by Harrison Ford: Legendary actor Harrison Fords Quote of the Day highlights the importance of living authentically and following ones own path, encouraging readers to prioritise personal values over external approval. Fords career, from Star Wars to Indiana Jones, reflects a life shaped by personal choices and challenging roles, inspiring self-direction, individuality and genuine fulfilment.
A Chinese divorcee allegedly initiated contact with Milwaukee Bucks owner Wesley Edens via LinkedIn, leading to a brief relationship. Following an intimate encounter, she reportedly demanded millions, threatening to release compromising material. After an initial settlement, her demands escalated dramatically to over a billion dollars, citing an alleged health concern.
Hantavirus most infectious as soon as symptoms appear: WHO
The hantavirus behind the deadly outbreak on a cruise ship is most infectious as soon as symptoms appear, the World Health Organization said Monday, explaining the need to quarantine contacts. If WHO recommends quarantine it is because actually people are infectious at the very start of illness, he said, adding that this was also sometimes when it's a bit difficult to recognise the symptoms.
Strait of Hormuz deadlock: Iran has had the strategic waterway -- through which a third of the world's fertilisers normally pass.
Netflix sued by Texas for allegedly spying on children, addicting users
Texas Attorney General Ken Paxton has sued Netflix. The streaming giant is accused of spying on children and consumers. Netflix allegedly collected user data without consent. The platform is also accused of being designed to be addictive. Texas claims Netflix falsely represented its data collection practices for years.
African proverb of the day highlights the message that when an elder dies, knowledge disappears forever. The proverb explains oral tradition, culture, memory, and human experience. It shows the role of elders in preserving community history and life lessons. It also urges younger generations to listen and learn before knowledge is lost. The proverb connects the past, present, and future through shared wisdom and storytelling.
More than 75% of large companies now use automated hiring systems and AI resume screening tools during recruitment. That number keeps rising across LinkedIn hiring networks and global job platforms. But candidates are increasingly discovering a painful truth behind the modern hiring process. Many companies are rejecting skilled applicants automatically while recruiters from the same organization continue searching manually for identical profiles. One candidate recently received a rejection email from a talent acquisition team. Just hours later, the companys hiring lead contacted them on LinkedIn praising the same profile and requesting a conversation.
Oru Durooha Saahacharyathil, starring Kunchacko Boban, is set to make its OTT debut, less than a month after its theatrical release during the Vishu season. Directed by Ratheesh Balakrishnan Poduval, the Malayalam mystery comedy-thriller is set in Wayanad and follows a quiet man whose life takes a disturbing turn after a stranger enters his home. Blending suspense, dark humour and emotional drama, the film explores fear, family tensions and survival while moving between psychological thriller and black comedy elements.
PM Modis 5-nation tour from May 15-21 to boost trade & investment
Prime Minister Narendra Modi will visit the UAE, Netherlands, Sweden, Norway, and Italy in May. He will meet with leaders to discuss bilateral partnerships, energy cooperation, and trade. The visits aim to boost economic ties, explore collaborations in technology and green initiatives, and strengthen people-to-people connections across these nations.
Do NRIs require tax clearance certificate before leaving India?
The ITA provision on tax clearance certificate specifically excludes persons who are not domiciled in India and visit India for purposes not connected with business, profession, or employment.
Vizag port turns its working into a visual treat
Berthing of ships, working of giant cranes can be enjoyed from waterfront promenade
'Whenever India faced war or':PM Modi reiterates austere measures amid global supply chain crisis
Hantavirus Outbreak: A hantavirus outbreak on a cruise ship sparks Covid-19 comparisons. Experts clarify hantavirus is distinct, with limited human spread. Unlike Covid-19, hantavirus symptoms appear faster, aiding containment. Its high mortality and rapid progression make a global pandemic unlikely. Public health officials monitor outbreaks closely.
ED arrests ex-Bengal minister Sujit Bose in municipality recruitment 'scam'
The Enforcement Directorate has taken former West Bengal minister Sujit Bose into custody, a move that underscores the intensifying scrutiny over corruption in the region. This swift action stems from a money laundering investigation associated with a scandal involving recruitment irregularities across various municipalities.
Captain Kelly strikes again: Hegseth tears into Dem Sen. over 'US weapon stockpiles drained' claim
State-run oil companies are verifying LPG consumers' income to cut subsidy burden. Those with incomes over 10 lakh may lose benefits. Consumers must respond within seven days to avoid cancellation. The move follows stricter checks with the Income Tax Department to identify ineligible recipients.
Quote of the Day: Katharine Hepburn, a resilient Hollywood icon, shared a powerful message about enduring life's hardships with strength and grace. Her words emphasize facing adversity with inner toughness and determination, a philosophy reflected in her own remarkable career marked by overcoming criticism and professional setbacks. Hepburn's enduring legacy lies in her unapologetic individuality and her ability to inspire perseverance.
Health fund and health insurance: What's the difference, why you may need both and how to save
Every individual has to budget and save for possible medical and health related expenses. Here is the difference between a health fund and health insurance, why you may need both and how much to save
As the clock strikes May 15, 2026, Prime Minister Narendra Modi sets forth on a pivotal journey through Europe and the Middle East. His itinerary includes visits to the United Arab Emirates, Netherlands, Sweden, Norway, and Italy. Central to this tour is the aim to bolster trade relations, foster energy collaboration, and forge strategic partnerships.
SBI chief flags risks in rapid growth in digital finance, stresses trust-based innovation
State Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial systems must prioritize trust and strengthen governance. India needs significant capital mobilization for its development goals. Banks alone cannot meet these needs, requiring deeper bond markets and broader investor participation. Innovation must balance speed with safety and inclusion.
Centre eases road BOT bidding norms to attract long-term institutional capital
Sovereign wealth funds, pension funds and private equity players can now participate directly in highway BOT projects
