RBI Allows Bank Loans to REITs with 49% Asset Cap
The Reserve Bank of India has announced a new policy allowing banks to lend to listed Real Estate Investment Trusts, with a cap of 49% of asset value, effective July 2024.
The Reserve Bank of India has announced a new policy allowing banks to lend to listed Real Estate Investment Trusts, with a cap of 49% of asset value, effective July 2024.
The Union Cabinet has approved Startup India Fund of Funds 2.0 with a Rs 10,000 crore corpus to mobilize venture capital, focusing on deep tech, manufacturing, and early-stage innovation for India's startup growth.
Chennai-based LSI-MECH Engineers achieves GreenCo certification, highlighting how sustainability metrics are becoming critical in supplier assessments for heavy industries like oil, gas, and power.
A section of a metro rail pillar collapsed at a construction site in Mumbai, causing injuries to three to four workers. The incident highlights safety concerns in urban infrastructure projects.
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RecommendedThe proposed T Narsipur stadium in Mysuru could be a death blow to the Karnataka Silk Industries Corporation's mother unit, raising concerns over its survival and impact on local silk production.
A section of a metro rail pillar collapsed in Mumbai's Mulund area, causing injuries to three to four individuals. Emergency services responded to the incident, which has raised safety concerns about ongoing infrastructure projects.
RJD MP Sudhakar Singh warns that the proposed India-US trade agreement could be devastating for Indian farmers, arguing agriculture should not be treated like defense or energy sectors.
Caneus announces a major 250-acre campus dedicated to fostering deep-tech startups in aerospace and defence, aiming to boost innovation and economic growth in the sector.
Enrich Money introduces Orca Chart, an advanced charting platform with real-time data and AI-driven insights, enhancing investment decision-making for users.
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RecommendedA resurfaced birthday email exchange with Jeffrey Epstein reportedly triggered the departure of Goldman Sachs' general counsel Kathy Ruemmler, reigniting scrutiny over Epstein's powerful network connections.
Varvee Global Limited (VGL) announced robust Q3 FY26 results, showcasing triple-digit revenue growth and impressive 85% gross margins for the nine-month period, signaling strong financial health.
Havmor Ice Cream launches the 'BeMyHeartbeat' campaign, offering personalized ice cream cakes and heart-shaped treats to transform Valentine's Day into a unique celebration of love and connection.
Commerce Minister Piyush Goyal detailed India's apple import regulations, defending government policies and criticizing Rahul Gandhi for alleged anti-farmer comments.
The Indian government is constructing four ports in Andhra Pradesh while implementing nationwide port modernization, digitalization, and green initiatives to enhance efficiency and sustainability.
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RecommendedTata Capital has launched a nationwide public initiative, 'Sawaal Karo, Phir Loan Lo,' aimed at promoting informed borrowing and financial literacy among consumers across India.
Telecanor Global has reported its strongest quarter in three years, with profit after tax skyrocketing 2300% year-on-year and 25% quarter-on-quarter, marking a dramatic shift from dormancy to a profit engine.
Learn why verifying eligibility is crucial for homebuyers to avoid loan rejections and financial pitfalls. This guide covers key factors like credit score, income, and documentation.
The Indian Achievers Forum and AIBCF Achievers World organized a national conclave focusing on Mission Viksit Bharat 2047, bringing together leaders to discuss strategies for India's development.
A comprehensive analysis comparing home loan EMIs and rent payments, examining asset creation, flexibility, costs, tax benefits, and investment opportunities for urban residents.
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RecommendedCitizen activists in Pune call for a comprehensive review of RERA implementation after the Supreme Court criticized state authorities for facilitating defaulting builders and weak enforcement.
Kolkata-based Wormwood Hotels plans a Rs 100 crore investment to expand across Bengal, creating 1,300 jobs and targeting 25 hotels in five years.
Kolkata-based jewellery retailer Senco Gold reports an eight-fold surge in consolidated net profit to Rs 264 crore for Q3 FY24, driven by a 50% YoY revenue increase to Rs 3,071 crore.
Maruti Suzuki has exported 16,000 e Vitara EVs to 36 countries, expanding India's electric vehicle export footprint to Europe and Japan while aiming for 100 global markets.
Top global technology leaders have united in Munich to establish the Trusted Tech Alliance, aiming to enhance supply chain security and foster innovation through collaboration.
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RecommendedUday Kotak, founder of Kotak Mahindra Bank, has been appointed as the new chairman of GIFT City, India's premier financial hub, aiming to enhance its global competitiveness and attract international investments.
Bill Gates has listed a four-bedroom, three-bathroom home near his $132 million Xanadu 2.0 compound for $4.8 million, marking a shift from his 2024 statement about not downsizing. The property, purchased in 1995 for $1 million, is part of his extensive re
The Gujarat government has appointed industrialist and banker Uday Suresh Kotak as Chairman of GIFT City Co. Ltd., replacing Hasmukh Adhia. The appointment was made through a government resolution dated February 13, 2026.
The Narsingpur service road on Delhi-Gurgaon Expressway remains in deplorable condition with craters and drainage issues, as NHAI's upgrade work progresses slowly, raising concerns ahead of monsoon.
The Enforcement Directorate has issued summons to Jaypee Infratech homebuyers as part of a money laundering investigation into alleged diversion of funds under the insolvency resolution plan.
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RecommendedA JP Morgan report reassures that AI is an enabler for India's IT services, boosting productivity and creating new opportunities, not a job threat.