By Harish Thapar , 28 March 2026

Six Indian companies—SAEL Industries, Vishvaraj Environment, Symbiotec Pharmalab, Prasol Chemicals, NoPaperForms Solutions, and Shah Investor's Home—have received regulatory approval from the Securities and Exchange Board of India (Sebi) to proceed with their initial public offerings (IPOs). Collectively, these firms aim to raise approximately Rs 10,000 crore to fund expansion, operational growth, and debt repayment. 

By Vibha Dhawan , 28 March 2026

The Reserve Bank of India (RBI) has taken decisive action against multiple financial institutions for failing to comply with regulatory directives. Union Bank of India, Bank of India, Central Bank of India, and Pine Labs were collectively fined over Rs 2.20 crore for lapses including delayed credit of unauthorized electronic transactions, insufficient customer support for reporting fraud, and manual intervention in automated account classification systems. 

By Neena Sachdeva , 28 March 2026

India’s central bank has unveiled an ambitious roadmap aimed at redefining the country’s payments ecosystem by 2028. The vision focuses on expanding digital payment infrastructure, introducing electronic cheques, strengthening fraud prevention mechanisms, and widening regulatory oversight to include emerging participants such as e-commerce platforms. A proposed shared liability framework seeks to enhance consumer protection, while new user controls aim to improve transaction security.

By Harish Thapar , 28 March 2026

Radisson Hotel Group has announced the signing of its first internationally branded resort in Kalimpong, West Bengal, marking a strategic expansion into underpenetrated leisure destinations. The 100-key property reflects the company’s long-term growth vision in India’s evolving tourism landscape, particularly in emerging hill destinations with rising demand for premium hospitality. Industry executives view Kalimpong as a high-potential market, driven by domestic tourism and infrastructure improvements.

By Vibha Dhawan , 28 March 2026

India’s luxury hospitality sector is confronting short-term disruptions triggered by geopolitical tensions in West Asia, yet industry leaders remain optimistic about a swift recovery. While premium hotel chains have reported cancellations and deferred bookings, executives argue that the high-end travel segment has historically demonstrated resilience during global crises. Structural demand drivers—including affluent domestic travelers and experiential tourism—continue to underpin long-term growth. 

By Keshav Sharma , 28 March 2026

A series of recent developments across global markets highlights the evolving intersection of technology, finance, and geopolitics. From India-led artificial intelligence (AI) skilling initiatives in Africa to renewed volatility in cryptocurrency markets and multilateral financial agreements, the global economy is navigating a complex transition. Institutions are investing in digital infrastructure and human capital, while policymakers address macroeconomic uncertainty and capital flows. 

By Neena Sachdeva , 28 March 2026

Pakistan has reached a staff-level agreement with the International Monetary Fund to unlock approximately USD 1.2 billion (around Rs. 10,000 crore) under its ongoing financial support programs. The agreement follows the successful completion of key program reviews under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). 

By Neena Sachdeva , 28 March 2026

Thermax has secured a significant order worth approximately Rs. 1,600 crore through its subsidiary Thermax Babcock & Wilcox Energy Solutions for an ultra-supercritical thermal power project in central India. The contract covers the complete boiler package, including manufacturing, supply, commissioning, and performance testing for a 1x800 MW plant. The deal underscores Thermax’s growing footprint in advanced thermal technologies and highlights continued investment in high-efficiency power infrastructure.

By Harish Thapar , 28 March 2026

India marked a significant milestone in its infrastructure journey with the inauguration of the first phase of the Noida International Airport by Prime Minister Narendra Modi. Developed at an estimated cost of Rs. 11,200 crore, the airport is designed to handle 12 million passengers annually in its initial phase. Positioned as a multi-modal logistics hub, it integrates road, rail, and metro connectivity.