The Government of India has introduced a major initiative aimed at transforming urban infrastructure development with the launch of the Urban Challenge Fund (UCF). The announcement was made by Manohar Lal Khattar in New Delhi, alongside the rollout of the Credit Repayment Guarantee Sub-Scheme (CRGSS). The initiative marks…
Muthoot Finance Limited has declared an interim dividend of ₹30 per equity share for the financial year 2025–26, reinforcing its consistent approach toward shareholder payouts. The announcement reflects the company’s ongoing emphasis on distributing earnings while maintaining financial stability and operational continuity. Interim Dividend Details and Payout Structure…
🟢 Positive Developments Brigade EnterprisesSigned a Joint Development Agreement (JDA) for an 8.63-acre land parcel in Gunjur, paving the way for a 39-acre integrated township in East Bengaluru with an estimated GDV of ₹7,200 crore. Indiqube SpacesSecured a ₹52 crore workspace deal with a Japanese e-commerce firm for…
SBI Mutual Fund has unveiled two new passive debt schemes aligned with short-duration financial sector benchmarks, further expanding its index fund offerings in the fixed-income space. The New Fund Offers (NFOs) for these schemes opened on April 15, 2026, and are scheduled to close on April 20, 2026.…
In a move aimed at enhancing transparency and operational clarity within India’s commodity derivatives market, NSE Clearing Limited has introduced a revised framework for storage and related charges applicable to silver contracts. The update specifically covers Silver (100 grams) contracts and follows earlier changes in contract specifications within…
In a significant regulatory move aimed at improving road safety and preserving infrastructure, the Ministry of Road Transport and Highways has introduced revised rules governing toll charges for overloaded vehicles on national highways. Effective April 15, 2026, the updated framework brings in a structured penalty mechanism that increases…
India’s mutual fund industry continued its expansion trajectory in FY26, with total assets under management (AUM) rising by 12.2% year-on-year to ₹73.73 lakh crore (approximately $790.07 billion). The growth, reported by the Association of Mutual Funds in India, reflects the sector’s resilience despite a challenging market environment marked…
Retail investor activity on the National Stock Exchange saw a noticeable slowdown during FY26, with the number of active client accounts registering a year-on-year decline. The trend reflects changing participation patterns in the equity markets, influenced by a mix of regulatory changes, market conditions, and evolving investor behaviour.…
Government Introduces Pricing Framework for Low-Grade Iron Ore to Boost Utilisation and Steel Output
In a significant policy move aimed at improving resource utilisation and strengthening raw material availability for the steel sector, the Government of India has amended the Mineral Concession Rules to introduce a structured pricing mechanism for low-grade haematite iron ore. The notification, issued on April 10, 2026, marks…
A fresh point of friction has surfaced between the United States and India over proposed changes to cargo handling operations at Mumbai’s airports. The issue revolves around plans by Adani Airport Holdings Ltd to relocate cargo services from the existing Mumbai airport to the upcoming Navi Mumbai International…
