Economy
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IndiaRF Acquires Fine Edge Engineering for ₹2,000 Cr
IndiaRF, backed by Piramal Finance & Bain Capital, acquires a majority stake in Fine Edge Engineering for approx. ₹2,000 crore, marking a significant PE investment in India’s engineering sector.
JSW Energy: ₹4,000 Cr Green Funding Boosts 2030 Target to 30 GW
JSW Energy secures over ₹4,000 Cr from Axis Bank, Bank of Maharashtra, and NaBFID for green projects, accelerating its 30 GW renewable energy target by 2030.
Supreme Court Orders Prosecution Sanctions for Bank Officers
Supreme Court directs SBI, HDFC Bank & others to sanction prosecution of officers linked to builders in real estate scams. CBI probe intensifies.
India Achieves 20% Ethanol Blending Target Early
India surpasses its 20% ethanol blending goal by 2025-26, five years ahead of schedule. This accelerates flex-fuel adoption and boosts farmer income while cutting CO2 emissions.
DigiELV Launches India’s Verified Vehicle Scrap Certificate Market
DigiELV introduces a verified digital marketplace for India’s vehicle scrap certificates, aiming to accelerate the 2021 scrappage policy adoption and benefit new car buyers.
RBI Bans Device Disablement for Loan Defaults from 2027
Effective Jan 1, 2027, the RBI prohibits banks from disabling borrower devices for loan recovery, addressing harassment concerns and protecting consumers.
India Proposes BRICS Startup Fund & Incubator Network
India proposes a BRICS incubator network and startup fund to boost industrial growth and collaboration among member nations, following the 10th BRICS Industry Ministers’ Meeting.
Starter Home Affordability Soars in 22 US Cities
Great news for first-time homebuyers! Starter home affordability has improved in 22 U.S. cities, with 100% of listings now within reach for median-earning households.
PM Modi Promotes ‘Buy Local’ for National Handloom Day
PM Modi urges Gen Z to support Indian weavers by buying local handloom products and sharing on social media for National Handloom Day.
India Fuel Demand Rises 3% in July: Petrol & LPG Lead Growth
India’s fuel consumption surged nearly 3% in July 2026 to 19.92 million tonnes, driven by strong demand for petrol and LPG. Diesel consumption declined.
Telecom Companies Fined Rs 1.9 Crore for Service Quality Breaches
Major Indian telecom operators like Airtel, Jio, Vodafone Idea, BSNL, and MTNL have paid Rs 1.9 crore in penalties for violating service quality norms, highlighting regulatory focus on network performance.
Iran-Oman Deal: Block US, Israeli Ships in Hormuz Strait?
Iran and Oman propose a framework to block US & Israeli vessels in the Strait of Hormuz, with penalties for violations. Details emerge.