Followers

LATEST WORLD NEWS

Thursday, April 30, 2026

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oil tankers. This strategy mandates that a portion of these ships be built domestically, facilitating technology transfer and strengthening local manufacturing. The government aims to aggregate demand for hundreds of vessels to enhance self-reliance in the maritime sector.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NL3eq8D

Govt replaces building code with a new standard, Retains fire safety provisions as 'advisory'



from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PUtRpT3

Tuesday, April 28, 2026

Govt revives strategic sale of IDBI Bank after scrapping bids

The government has revived the strategic sale of its stake in IDBI Bank, along with LIC's holding, after previous bids were rejected. A fresh valuation is underway, with officials considering whether to re-engage existing bidders or restart the process to expedite the sale and maintain investor confidence.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lvQK7c5

Realty sector gets $1.6 bn institutional inflows in Jan-Mar; down 52% from previous quarter



from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/BMFPJ5b

Monday, April 27, 2026

Set aside funds for likely defaults, RBI tells banks

The Reserve Bank of India has finalised new rules requiring banks to provision for expected loan losses from April 2027, shifting to a forward-looking approach. While stricter than current practices, the norms are less stringent than initially proposed, with a wider scope including small finance banks. Banks will have until March 2030 to fully implement the changes for existing loans.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MFWypO7

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...