'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
The Bombay High Court has approved the removal of mangroves for the Vadhvan Port Project in Palghar, Maharashtra, citing its public importance and economic significance. This clearance paves the way for accelerated execution of the Rs 76,220 crore project, which aims to position India among the top 10 container port nations globally.
The Allahabad High Court has ruled that the Places of Worship (Special Provisions) Act, 1991, prohibits only the conversion of religious character but does not prevent the state from acquiring such properties for secular and public purposes. This observation came while dismissing a petition challenging the widening and beautification of the Dalmandi area in Varanasi for the Shri Kashi Vishwanath Dham corridor, which involved the proposed demolition of six ancient mosques.
A committee constituted by the West Bengal government to carry out a special audit of sanctioned plans for high-rise residential and commercial buildings in and around the city will meet on Friday to begin the exercise, Chief Minister Suvendu Adhikari said.
Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.
India has seen rapid progress in various big-budget infrastructure projects.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Madhya Pradesh BJP president Hemant Khandelwal has termed the land scam allegations against Yadav as "baseless", saying whenever the state has a CM from the backward class, the Congress attempts to weaken him.
A portion of a link road connecting the Kanpur-Lucknow National Highway with the Ganga Expressway in Unnao district caved in after the first monsoon rain, raising concerns about construction quality and prompting repair work.
Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
Delhi Chief Minister inaugurated infrastructure projects focused on improving drainage, road connectivity, and traffic flow in Delhi, including stormwater drain remodelling, road construction, and a new healthcare facility.
The Maharashtra government has signed an MoU with the Kolhapur District Cricket Association to build an international-standard cricket stadium and multi-sports hub in Kolhapur, featuring a 35,000-capacity stadium and facilities for various sports.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
The new bridge will come up alongside the existing crossings at Saraighat, where two bridges currently connect the north and south banks of the Brahmaputra -- the iconic road-cum-rail Saraighat Bridge and a separate road bridge.
UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.
A digital profiling exercise by the Delhi government has revealed significant infrastructure deficiencies in government schools, including shortages of drinking water taps, lack of facilities for children with special needs, and structurally unsafe buildings.
Madhya Pradesh Chief Minister Mohan Yadav's family is under scrutiny after an Indian Express newspaper report revealed their extensive land purchases in Ujjain, particularly in areas benefiting from state infrastructure projects, raising questions of propriety and conflict of interest.
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.
To attract capital into infrastructure projects, the ratings system needs a fresh look.
Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.
Mumbai's coastal luxury residential redevelopment pipeline is valued at approximately 6,000 crore, with 75-80 projects expected to launch over the next eight to nine quarters, driven by improved infrastructure and demand for waterfront living.
The 13.153-km Zojila Tunnel, the world's longest single-tube bi-directional road tunnel at the highest altitude, and its final breakthrough will be a historic milestone in India's infrastructure history.
Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.
Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.
Priests see red over the Rs 2,390 crore project to overhaul infrastructure around one of Bihar's most significant pilgrimage site, particularly for those performing pind daan.
These are some of the most noteworthy infrastructure projects in the world.
Opposition legislators in Mumbai protested against the Maharashtra government, accusing it of failing to protect citizens amidst heavy monsoon rains and crumbling infrastructure. They highlighted issues like open manholes and traffic paralysis. Separately, NCP (SP) leader Supriya Sule demanded a statement from the Chief Minister regarding the closure of the Mumbai-Pune Expressway's Missing Link due to heavy rainfall and landslides, questioning its assessment and cost.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
The Zojila tunnel, a crucial infrastructure project connecting the Kashmir Valley to Ladakh, achieved a significant breakthrough, connecting its two ends and moving closer to providing all-weather connectivity, reducing travel time from 1.5 hours to just 15 minutes.
The Sports Authority of India's Training Centre in Dimapur, Nagaland, will be upgraded to a National Centre of Excellence (NCOE) following an MoU with the state government. This multi-phase development will transform the 64-acre Multi-Disciplinary Sports Complex, providing enhanced facilities for athletes in various disciplines.
Mumbai Police have registered a second FIR against a construction company for allegedly blocking the Kalina-BKC Link Road with cranes and materials. The fresh case, filed under the Bharatiya Nyay Sanhita, names the project manager and administrative head, following a previous penalty by MMRDA and viral videos of the obstruction.
The Cabinet Committee on Economic Affairs (CCEA) has approved national highway projects worth approximately 24,249.6 crore across Odisha, Telangana, Madhya Pradesh, and Bihar, aiming to enhance connectivity, reduce travel times, and stimulate economic growth.
The West Bengal government has transferred 142.79 acres of land to the Border Security Force (BSF) to facilitate the construction of outposts and barbed-wire fencing along the India-Bangladesh border, according to Chief Minister Suvendu Adhikari.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
Andhra Pradesh's "Drone City" in Kurnool district will host a national roundtable on drones on August 18, with the Civil Aviation Minister and up to 40 drone companies expected to attend. This initiative aims to boost the drone sector, which is projected to create 40,000 jobs.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.
