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The air services tariff regulator Aera has cut Bengaluru airport's user development fee sharply and introduced a first-ever charge on arriving passengers, but built in a mechanism to add fresh charges as three major expansion projects come online through 2030-31.
Union IT minister Ashwini Vaishnaw says three homegrown companies are in talks with the ministry of electronics and IT to apply for incentives under the Mobile Phone Manufacturing Scheme.
PM Narendra Modi’s seven-stream framework puts agriculture and food production at the heart of the push towards Viksit Bharat, with a focus on processing, branding and global exports.
The findings are significant for the country's private space industry, for one of India’s biggest selling points has been the frugality of its scientific space missions.
Traditional banks are moving into startup lending as more growth-stage companies become profitable and bankable, putting pricing pressure on venture-debt funds and NBFCs that previously dominated the segment.
Indian banks are rushing to raise funds before the RBI closes the FCNR(B) scheme early, leading to deployment challenges and potential negative carry for some lenders.
The RBI deputy governor called on banks to fix retail forex pricing, boost participation among smaller firms, and embrace digital workflows while managing risks in an integrated market.
India Ratings retained stable outlooks for toll roads, hybrid annuity model projects, airports and electric bus projects amid stable operating assets, healthy toll revenue growth, higher road awards and continued asset monetization by NHAI
Elon Musk's Starlink reportedly sought approval for a Gen 2 constellation that delivers the latest technologies, including direct-to-device (D2D) connectivity.
Price-sensitive buyers are struggling with higher smartphone prices amid a market shift driven by chip shortages, leading to declines for major Chinese brands.
RBI is proposing two major changes: one would standardise how lenders price loans, while the other would push NBFC lending towards term loans rather than revolving credit.