Lalatendu Mishra

18 hours ago | thehindu.com | Lalatendu Mishra

The Reserve Bank of India (RBI) has decided to increase the loan to value (LTV) amount for small gold loans of up to ₹2.5 lakh from one borrower from 75% to 85% including interest, RBI Governor Sanjay Malhotra said on Friday. He said the final directions on loans given against gold as collateral would be issued on Friday or on Monday. “First of all the direction was only a draft, it was not final.

1 day ago | thehindu.com | Lalatendu Mishra

The main objective behind reducing policy repo rate by 50 basis points (bps) at one go rather than on two occasions was to bring certainty in an environment of uncertainty, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on the message behind the ‘steep cut’. “Our message is that we have been able to control inflation and we can say that we have won the war against inflation. The message is that we have reduced the inflation forecast from the earlier projected 4% to 3.7%.

2 days ago | thehindu.com | Lalatendu Mishra

With the number of air passengers steadily growing India, transformative technologies like biometric-based Digi Yatra, AI-powered digital twins, integrated multi-modal transport systems, and Net Zero, LEED-certified terminals would shape airport experiences, said experts. They also stressed on the need to strengthen digital ecosystems to manage rising cybersecurity risks which has been identified as a crucial area of focus.

3 days ago | thehindu.com | Lalatendu Mishra

India’s stainless steel industry has called for a National Stainless Steel Policy to unlock its full potential in manufacturing, innovation, and global competitiveness. “India’s stainless steel consumption reached 4.8 million tonnes in FY25, registering an 8% year-on-year growth.

3 days ago | thehindu.com | Lalatendu Mishra

Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Limited, said it has raised $750 million via External Commercial Borrowings (ECB) from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The proceeds will be used to refinance existing debt, invest in infrastructure upgrades, and capacity expansion across the six airports viz.