Blog

Business

Sebi proposes relief for road InvITs, may allow maintenance debt to be added back in cash flow calculations

Sebi has proposed allowing road InvITs to add back major maintenance expenses funded by external debt when calculating Net Distributable Cash Flow (NDCF). This move aims to address industry concerns about reduced distributable cash, as these expenses, though crucial for asset longevity, cannot be capitalized. The proposal, following industry representations, requires unitholder approval and extensive

Read More
Blog

‘Hard work, not sycophancy, will help Congress reconnect with people at grassroots level’: Rahul Gandhi tells party leaders

Rahul Gandhi urged Congress district presidents to focus on hard work and direct public engagement to revive the party’s organizational strength. He emphasized reconnecting with grassroots, standing with the poor, and rebuilding public trust through issue-based politics. Gandhi praised the coordination between Rajasthan Congress leaders as a positive example for the party.

Read More
Blog

From split to stitch-up? Shiva Sena factions hint at reunion amid BJP’s dominance

Shiv Sena factions, split four years ago, are now considering reunification due to the BJP’s increasing dominance in Maharashtra. Leaders from both Uddhav Thackeray and Eknath Shinde’s camps believe the BJP poses an existential threat, weakening regional allies. Calls for unity are growing, with suggestions that a reunion could happen swiftly if Shinde agrees.

Read More
Top Stories

‘Critical anchor’: US Secretary of War Hegseth praises India, pitches Javelin anti-tank missile

US Secretary of War Pete Hegseth lauded India as a vital partner in the Indo-Pacific, emphasizing its role in maintaining regional power balance. He also revealed plans for co-producing Javelin anti-tank missiles in India, a move aimed at bolstering collective defense capabilities and addressing US supply shortages. This collaboration signifies deepening interoperability and industrial cooperation

Read More
Business

Rupee falls 34 paise to close at 95.19 against US dollar amid rising crude prices

The rupee weakened by 34 paise to 95.19 against the US dollar on Monday, impacted by escalating US-Iran tensions, soaring crude oil prices, and a stronger dollar. Global risk sentiment soured due to West Asia concerns. Analysts anticipate continued negative bias for the rupee, with a trading range of 94.60-95.30.

Read More
Top Stories

This 65-year-old programming language is making companies spend millions to keep it running

Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its original developers retire, a severe shortage of skilled programmers has emerged, leading to astronomical salaries for those who can maintain the ancient code. Young developers are now capitalizing on this scarcity, while institutions explore AI solutions to

Read More
Blog

India-Myanmar ties: PM Modi raises border security, refugee concerns in talks with President Min Aung Hlaing

Prime Minister Modi voiced concerns to Myanmar’s President over armed group activities near the India border and the conflict’s impact on Indian communities. He urged Myanmar to prevent harm to Indian civilians during military operations and discussed the repatriation of refugees. Connectivity projects and cyber scam victims were also addressed.

Read More