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Indian-news

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 25 Aug 2026 12:30 PM   EconomicTimes

Axis Bank bets on data centres to gold loans to outpace industry credit growth

Axis Bank expects credit growth to exceed the industry average this fiscal year. Strong demand stems from corporate sectors and retail borrowers seeking gold loans. Data centres and manufacturing are driving corporate credit expansion significantly. Retail growth is fueled by gold loans and borrowers from smaller cities. The bank is also preparing two key businesses for potential public listings.

 25 Aug 2026 12:09 PM   EconomicTimes

DGCA weighs annual random drug tests for pilots after Air India Phuket-Delhi incident: Ram Mohan Naidu

India's aviation regulator is considering mandatory annual random drug tests for all pilots. This proposal follows a recent Air India incident, prompting policy review. Currently, only ten percent of pilots undergo random drug testing each year. The Directorate General of Civil Aviation is consulting stakeholders on potential rule changes. Any new policy will balance aviation safety with airline operational impacts.

 25 Aug 2026 11:50 AM   EconomicTimes

India's airport privatisation plan creates a barricade for power in few hands

The government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leverage risks. Eleven Airports Authority of India airports will be leased in five bundles. Major airport operators are increasing their investment plans significantly. A separate debate continues regarding airport operators owning airlines.

 25 Aug 2026 11:50 AM   EconomicTimes

India caps airport bundles per bidder to curb market concentration concerns: Report

The government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leverage risks. Eleven Airports Authority of India airports will be leased in five bundles. Major airport operators are increasing their investment plans significantly. A separate debate continues regarding airport operators owning airlines.

 25 Aug 2026 11:47 AM   EconomicTimes

Tamil Nadu plans new international airport near Chennai after dropping Parandur project

Tamil Nadu plans to establish a new international airport near Chennai to meet growing passenger and cargo demand, with alternative sites to be identified and assessed by the Airports Authority of India. The plan follows the state government's decision to abandon the proposed Parandur airport project over environmental and livelihood concerns.

 25 Aug 2026 11:38 AM   EconomicTimes

Why experience alone is not enough for the next level of leadership

The Indian School of Business presents PGP MAX, designed specifically for senior leaders boasting over ten years of experience. This modular program is crafted to enhance leadership skills at the enterprise and C-suite levels through thorough learning. Participants will acquire a global viewpoint and vital decision-making skills required to navigate complexities, thereby aligning their functional expertise with strategic insights for influential leadership in today's ever-evolving landscape.

 25 Aug 2026 11:38 AM   EconomicTimes

Rooftop solar, KUSUM account for 40% of India's solar capacity additions in FY27 till July: Bernstein

Rooftop solar and KUSUM scheme are driving India's solar capacity growth. These initiatives accounted for forty percent of additions in the current fiscal year. Utility-scale projects face transmission challenges, impacting their expansion. India added significant renewable capacity in the previous fiscal year. Future additions may moderate as transmission infrastructure develops.

 25 Aug 2026 11:18 AM   EconomicTimes

MSE: Building the capital markets of a Viksit Bharat

India's capital market is on the brink of a transformative shift as more investors engage actively. The Metropolitan Stock Exchange (MSE) is dedicated to cultivating a resilient financial framework, improving accessibility, and mitigating costs for emerging investors throughout the nation. With a versatile platform powered by advanced technology, this initiative aspires to broaden wealth generation opportunities and contribute to the country’s overall prosperity.

 25 Aug 2026 11:17 AM   EconomicTimes

NU Vista receives ₹15.41 crore Show Cause Notice for input tax credit irregularities

Cement firm NU Vista received a ₹15.41 crore notice alleging input tax credit irregularities. The notice covers four fiscal years from 2020-21 to 2023-24. It proposes denying input tax credit for civil construction and canteen expenses. The company also faces proposed denial of output tax credit reduction from sales returns. NU Vista claims sufficient evidence and expects no major financial impact.

 25 Aug 2026 11:13 AM   EconomicTimes

Puravankara inks joint development pact to develop 7.83-acre in south-east Bengaluru

Puravankara has signed a joint development agreement for a 7.83-acre residential project in southeast Bengaluru with an estimated ₹1,100-crore development value. The deal takes its FY27 Bengaluru land additions to nearly 50 acres, with potential GDV of ₹6,300 crore.

 25 Aug 2026 10:19 AM   EconomicTimes

Biocon arm gets Japan nod for cancer drug pegfilgrastim biosimilar

In a significant advancement, Biocon Biologics has gained marketing approval for its pegfilgrastim biosimilar in Japan. This vital cancer supportive care drug is designed to mitigate infection risks following chemotherapy. Developed as a rival to Neulasta, Sandoz KK will handle its exclusive promotion and distribution. This approval marks a pivotal step in expanding Biocon's biosimilar range and improving patient accessibility worldwide.

 25 Aug 2026 09:54 AM   EconomicTimes

UPI completes 10 years: PM Modi calls it a major turning point for India’s digital payments

Prime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital payments journey, as the interface completed 10 years since its launch.

 25 Aug 2026 09:53 AM   EconomicTimes

India wanted red flags on chip packets and soda. Big Food fought back

India’s food regulator has dropped plans for colour-coded front-of-pack nutrition warnings after industry opposition, opting instead for simpler disclosures. The decision faces Supreme Court scrutiny amid concerns over obesity, high sugar, salt and fat levels, and differing product formulations across countries.

 25 Aug 2026 09:50 AM   EconomicTimes

India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptions

India's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and transshipment will be allowed until October 31, 2026. As per the rules, cargo must remain under customs control and is strictly for onward international transit.

 25 Aug 2026 09:47 AM   EconomicTimes

IIT Delhi students stage sit-in over MSc student's death; classes suspended amid demands for probe

IIT Delhi students protested the death of a 31-year-old MSc Physics student on campus. They are demanding an independent inquiry into alleged administrative lapses and system reforms. Classes were suspended as thousands of students gathered for a sit-in protest seeking answers. Students allege the deceased faced difficulties with accommodation and academic support. The protest highlights concerns about student mental health and institutional support systems.

 25 Aug 2026 05:00 AM   EconomicTimes

Singtel seeks FDI approval to enter India’s satellite communications market

Singtel plans to enter India’s emerging satellite communications (satcom) market, targeting public and private enterprises through its Indian subsidiary Singapore Telecom India.

 25 Aug 2026 12:55 AM   EconomicTimes

CapitaLand India Trust shifts debt to rupees as INR falls

CapitaLand India Trust is converting more Singapore-dollar debt into rupee borrowings as the Indian currency weakens, aiming to reduce foreign exchange exposure and boost distributable cash flows. CLINT has completed two debt-onshoring tranches worth about S$204 million in 2026, lifting cumulative distribution-per-unit accretion from the exercises to nearly 5%.