As Byju's and Unacademy struggle, Indian edtech firms like upGrad, Simplilearn and BrightCHAMPS expand steadily across Southeast Asia and West Asia

edtech, edu, education

Business Standard

The Supreme Court has allowed a single insolvency plea against multiple real estate firms where entities are closely linked in a project's execution and operations

SC, Supreme Court

Railway Minister Ashwini Vaishnaw on Monday said record allocations have been made for his ministry in the Budget to complete pending projects and undertake new works in all states for people's benefit.
Finance Minister Nirmala Sitharaman on Sunday announced budgetary support of Rs 2.78 lakh crore and a total capital expenditure of Rs 2.93 lakh crore for the Railways.
She also proposed seven high-speed corridors connecting major cities and a new EastWest Dedicated Freight Corridor between Dankuni in West Bengal and Surat in Gujarat.
Providing reporters with a state-wise breakup of expenses earmarked for railway projects from the total capital expenditure outlay, Vaishnaw noted that Uttar Pradesh will receive Rs 20,012 crore, Rajasthan Rs 10,228 crore, Madhya Pradesh Rs 15,188 crore, Chhattisgarh Rs 7,470 crore, and Maharashtra Rs 24,000 crore.
He also mentioned allocation figures for several other states and ongoing projects to state that these amounts are several times higher than

Ashwini Vaishnaw, Ashwini, Vaishnaw

Finance Minister Nirmala Sitharaman on Sunday announced budgetary support of ₹2.78 trillion and a total capital expenditure of ₹2.93 trillion for the Railways

Press Trust of India

FY27 PLI scheme allocation rises 2.24%, aiming to add 500 MT to domestic API production

Industry executives say the Budget's focus on data centres, city economic regions and infrastructure funding for tier 2 and 3 cities could spur demand across industrial, warehousing, office and reside

branded residence, housing, real estate

Rajasthan moves three key entrepreneur support policies online, ending offline applications and easing access to MSME, export and ODOP incentives

MSME

Even as the labour ministry received its highest-ever allocation in Budget 2026-27, revised estimates show a majority of funds remained unutilised, largely due to low spending on central schemes

Industry has called for the time-bound and uniform implementation of the four Labour Codes to improve ease of doing business

Domestic passenger vehicle wholesales rose sharply in January, supported by GST tailwinds and improved demand, though automakers flagged production constraints and rising cost pressures

car sales, passenger vehicle

Maruti Suzuki reports 25 per cent rise in bookings, Hyundai Motor's wholesales jump by 9.5%, and M&M records an increase in PV wholesales by 25.4%

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market

Jeep Compass

Move to block non-Europe firms from using lower duty to dump cars in India

carmakers, auto industry

Look to use India's manufacturing cost advantage as carmakers from China have gained market share in EU in recent years

automobile

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

Bandhan Bank founder and Group Chairman Chandra Shekhar Ghosh on Monday said the Union Budget's proposal to set up a High Level Committee on Banking for Viksit Bharat is a significant step towards aligning the banking sector with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection.
In the budget, Finance Minister Nirmala Sitharaman proposed formation of the panel to comprehensively review the banking sector, and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection.
She also outlined a proposal for NBFCs with clear targets for credit disbursement and technology adoption, and suggested the restructuring of public sector NBFCs such as Power Finance Corporation and Rural Electrification Corporation to improve scale and efficiency.
Ghosh said the proposed committee may play a key role in shaping the future regulatory and policy framework for banks, particularly those engag

Chandra Shekhar Ghosh

Ghosh said the recommendations of the proposed banking committee would have a positive spillover for lenders operating in the microfinance space

The government is discussing raising the foreign direct investment cap to 49 per cent from 20 per cent, federal banking secretary M Nagaraju said

banking, state banks

Bloomberg

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

SBI has signed memoranda of understanding (MoUs) with 21 financial institutions

Bank credit growth slowed to 13.1% and deposit growth to 10.6% in early January, RBI data shows, though FY26 credit outlook remains positive

Reserve Bank of India (RBI) data also suggest a sharp pickup in corporate credit growth, with credit to industry growing 9.6 per cent as of November 2025, compared with 8.3 per cent in the corresponding fortnight of last year

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