Page 10 - Latest News
Bagmane Prime Office Reit eyes nearly doubling portfolio over next 7-8 yrs
Blackstone-backed Reit sees growth supported by a 47.2 msf sponsor pipeline, low leverage and potential acquisitions across India's top six office markets
 "Bagmane Prime Office Reit eyes nearly doubling portfolio over next 7-8 yrs")
Wholesale inflation eases marginally to 9.78% in July as fuel prices cool
Fuel and power inflation slowed sharply in July, offsetting higher inflation in primary articles and manufactured products, while core WPI rose to 8.2 per cent
 "Wholesale inflation eases marginally to 9.78% in July as fuel prices cool")
FDA shuts some Domino's, Pizza Hut stores in Maharashtra over hygiene lapse
In recent weeks, India's federal food regulator has cracked down on labelling by companies including PepsiCo and Diageo that it says breaches rules, while also cancelling many food business licenses
 "FDA shuts some Domino's, Pizza Hut stores in Maharashtra over hygiene lapse")
Limited supply, strong demand drive down long-tenor bond yields in FY27
NaBFID's ₹3,000 crore issue gets 2.8x bids on Friday
 "Limited supply, strong demand drive down long-tenor bond yields in FY27")
TCS & Rolls-Royce achieve milestone in hydrogen propulsion programme
The companies demonstrated the operation of a modern aero gas turbine across a fully simulated flight cycle using 100 per cent hydrogen, including take-off and landing
 "TCS & Rolls-Royce achieve milestone in hydrogen propulsion programme")
Engineers India Q1 net profit rises 55% to ₹108.6 crore, revenue falls
Lower technical assistance and sub-contracting costs supported profitability, while the company's order book stood at Rs 14,424 crore at the end of the June quarter
 "Engineers India Q1 net profit rises 55% to ₹108.6 crore, revenue falls")
Banks seek more from ATMs as non-cash services remain largely unused
ATMs offer fund transfers, bill payments and several other services beyond cash, but low awareness and the rise of mobile banking have left much of this capacity underused
 "Banks seek more from ATMs as non-cash services remain largely unused")
India urea offers fall 12% as fertiliser supplies recover from war shock
Offers for India's latest urea tender were 12% below June's purchase price, signalling that the war-driven squeeze on global fertilizer supplies is easing.
 "India urea offers fall 12% as fertiliser supplies recover from war shock")
Trump allows Navy to build ships abroad, orders return to steam catapults
Trump's directive would allow foreign shipbuilders to construct up to two vessels overseas while ordering the Navy to replace EMALS with steam catapults.
 "Trump allows Navy to build ships abroad, orders return to steam catapults")
How Indian economy has transformed since the landmark 1991 reforms
By 2025-26 the primary sector's share had roughly halved to about 18%, the tertiary sector had surged to some 56% and industry sat almost exactly where it began, at around 25%
 "How Indian economy has transformed since the landmark 1991 reforms")
2 UAE oil tankers attacked while sailing through Strait of Hormuz
Two ADNOC tankers suffered minor damage in drone attacks while transiting the Strait of Hormuz, as the UAE accused Iran of acts of piracy.
 "2 UAE oil tankers attacked while sailing through Strait of Hormuz")
RBI's new loan rules: Experts explain faster rate resets, tighter spreads
Regulator prescribes three-month resets for floating-rate loans and tighter rules on spreads, with changes for existing borrowers.
 "RBI's new loan rules: Experts explain faster rate resets, tighter spreads")
China July bank loans post record contraction as credit demand falters
China's new yuan loans contracted by a record 340 billion yuan in July, as weak household and corporate borrowing pointed to subdued credit demand.
 "China July bank loans post record contraction as credit demand falters")
Rain lashes Delhi; waterlogging in several areas as orange alert continues
Rain lashed several parts of Delhi on Friday, leading to waterlogging in multiple areas as the city remained under an 'orange alert'.
 "Rain lashes Delhi; waterlogging in several areas as orange alert continues")
Kalpataru Projects International bags new orders worth ₹3526 crore
Kalpataru Projects International on Friday said the company has secured new orders worth Rs 3526 crore.
 "Kalpataru Projects International bags new orders worth ₹3526 crore")
India's forex reserves climb past $700 billion on robust inflows
India's foreign exchange reserves rose to a four-month high of $707 billion as of August 7, bolstered by robust inflows under policy measures to strengthen India's balance of payments
 "India's forex reserves climb past $700 billion on robust inflows")
Reforms@35: India grew nine-fold, but its Asian peers grew faster
In 1991, five years into the Doi Moi reforms, Vietnam's per capita income was $141, less than half of India's. Today it is $4,829, nearly twice that of India
 "Reforms@35: India grew nine-fold, but its Asian peers grew faster")
NCR developers seek project timeline relief from UP, Delhi, Haryana Reras
Credai NCR has urged regulators to implement the Centre's advisory granting a four-month extension to eligible projects amid West Asia-linked supply chain disruptions
 "NCR developers seek project timeline relief from UP, Delhi, Haryana Reras")
Sebi allows online bond platforms to offer GIFT-IFSC-regulated bonds
Sebi has allowed online bond platforms to offer GIFT-IFSC-regulated securities, expanding their product range while mandating clear overseas labelling and regulatory compliance
 "Sebi allows online bond platforms to offer GIFT-IFSC-regulated bonds")
India sees sharp expansion in retail, MSME credit access since 2021
Retail bureau coverage rose 1.7 times to 78.9 crore borrowers by 2026, while active MSME borrowers more than doubled to 1.9 crore over the five-year period
 "India sees sharp expansion in retail, MSME credit access since 2021")