HDFC & SBI Near 50% Control of Credit Card Spending

India's credit card market shows strong consolidation, with HDFC Bank and SBI now controlling nearly half of total spending value. The top five banks dominate 85.6% of transaction value as of January 2026.

Bengaluru-Frankfurt Airports Sign Cargo Connectivity Pact

Kempegowda International Airport in Bengaluru and Frankfurt Airport have signed a strategic partnership to boost air cargo connectivity, leveraging the EU-India Free Trade Agreement to spur bilateral trade and economic growth.

CPM Protests India-US Trade Deal, Seeks Transparency

The Communist Party of India (Marxist) stages protests in Himachal Pradesh against the India-US trade deal, urging the central government to disclose details publicly amid concerns over sovereignty and economic impact.

Credai Condemns TCP Office Occupation by MLA in Goa

Credai's Goa chapter strongly condemns the overnight occupation of the TCP office by St Andre MLA Viresh Borkar and Palem-Siridao villagers, expressing deep concern over protests against Section 39A of the TCP Act.

Goa Approves Rs 445 Crore Investment, 800 Jobs

The Goa Investment Promotion Board approved 10 projects worth Rs 445 crore, including major investments by DJEF Leisure and Syngenta Biosciences, expected to generate 800 jobs across Tivim, Dharbandora, and Pissurlem industrial estates.

Income Tax Raids Target Gujarat Real Estate Groups

The Income Tax Department conducted search operations on two real estate groups in Gujarat, raiding 20 premises in Surat, Navsari and Dholera to investigate unaccounted income and undisclosed transactions.

NHAI Bids for Patna Ring Road's Sherpur-Kanhauli Section

The National Highways Authority of India is evaluating bids for constructing the 9.98 km Sherpur-Kanhauli six-lane road, a key Patna Ring Road component costing Rs777.79 crore, with construction expected within two years.

MSIL Expands Chit Fund Business in Rural Karnataka

State-run Mysore Sales International Ltd (MSIL) is formalizing its NBFC operations and targeting rural expansion in Karnataka by partnering with self-help groups (SHGs) and hiring recently retired bankers to boost its chit fund business.

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