Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.
A recent Central Vigilance Commission (CVC) report reveals that over 70,500 corruption complaints were lodged against various government bodies last year, with banks and the Railways accounting for the highest numbers. While a significant portion of these complaints has been disposed of, thousands remain under process, highlighting ongoing challenges in addressing corruption within public sector entities.
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, directing all states and Union Territories to ensure proper, encroachment-free pedestrian spaces. The court emphasised that footpaths are integral to human life and safety, and states must respond to advisories issued by central ministries regarding their implementation.
A devastating fire in a central Kolkata building resulted in nine deaths, primarily due to asphyxia, and the rescue of around 80 people. West Bengal minister Kaushik Chowdhury highlighted the quick response of the Fire Brigade but raised concerns about safety norms, lack of windows, and the proliferation of cramped hotels within the building. An investigation committee will be formed, and fire audits will be conducted across all hotels in the state.
The Supreme Court has directed the Centre to ensure all roads have properly demarcated, encroachment-free spaces for pedestrians, emphasising that the right to walk on a footpath is a fundamental right.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, prioritising it over motorised vehicle movement, and has called for the establishment of a regulatory body to ensure its enforcement and provide restitutionary remedies for violations.
Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.
A committee investigating the fatal Chembur tree crash has recommended fines of Rs 5 lakh on the roadwork contractor and Rs 2 lakh on the supervising consultant. The panel found no prima facie fault with BMC's garden and roads departments but suggested implementing a Standard Operating Procedure for urban tree safety and appointing tree experts to oversee pruning work to prevent future incidents.
Implementation of the reforms through a special purpose vehicle is a way to seek greater accountability.
West Bengal Chief Minister Suvendu Adhikari has alleged that the building plan for the collapsed Kolkata warehouse, which killed 10 people, was approved despite a faulty design and bears the signature of former mayor and TMC leader Firhad Hakim. Adhikari announced Rs 10 lakh compensation for the deceased's families and Rs 1 lakh for the injured, while also suspending all construction work in the Kolkata Metropolitan Area for four weeks for an audit of sanctioned plans.
A 55-year-old man died after falling into an open manhole in Mumbai during heavy rains, leading to the Brihanmumbai Municipal Corporation (BMC) suspending four officials and initiating a homicide case against the responsible contractor for alleged negligence.
A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.
Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.
The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.
Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.
Only a limited set of investors should invest directly in corporate bonds.
The Centre had asked the Gymkhana Club in Lutyens' Delhi to hand over the premises, citing that the 27.3-acre plot was required for "strengthening and securing defence infrastructure".
The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.
'All this diversity that our country provides brings in a lot of learnings.' 'That is what I really end up sharing with the whole community.' 'But it all comes through making my shoes dirty.'
Maharashtra Chief Minister Devendra Fadnavis orchestrated a significant victory for the BJP in the recent civic polls, solidifying his position as a key strategist and influential leader within the party.
Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
Former BJP MLA Akash Vijayvargiya, son of MP Urban Development and Housing Minister Kailash Vijayvargiya, wrote to IMC commissioner Shivam Verma claiming some streets in Chandan Nagar had been renamed on the basis of a "particular religion".
'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'
'We don't have a say which MP stays where. We prepare everything and allot according to the list we get from Parliament.'
Maharashtra heads to the polls for 29 municipal corporations, with Mumbai's BMC election taking center stage as the BJP-led Mahayuti faces off against the Thackeray front. Key issues include promises for women, pollution control, and the city's financial health.
Interest in green living is rising, with clean air and open spaces becoming key selling points for residential projects, particularly as Indian cities struggle with deteriorating air quality.
Public sector housing finance firm Housing and Urban Development Corporation has reduced interest rates on home and project loans by 50 to 125 basis points with effect from January 1, 2009. LIC Housing Finance on Wednesday cut interest rates for existing home loan borrowers by 0.75 per cent with effect from January 1.
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank. The report also noted that this growth is higher than the 7.1 per cent increase seen in FY25 and is mainly driven by rise in GST revenue from strong urban consumption. It said "The increase is driven by higher goods and services tax collections which in-turn is explained by boost to urban consumption".
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
Bengaluru-based Ultraviolette launches the fighter jet-inspired X-47 Crossover electric motorcycle at Rs 2.49 lakh, with deliveries to commence in October.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
The HC also criticised the principal secretary of the urban development and urban housing department for preparing and submitting such a report, nearly 6 months after 14 persons lost their lives in the tragedy.
