Sunday, March 08
New Delhi: Broad market annual returns are likely to moderate to 10-12%, said veteran investor Madhusudan Kela, tempering expectations for headline indices even as he remains constructive on India's long-term prospects. With nominal growth moderating and sectoral dominance by mature industries, he sees benchmark gains settling into a more measured trajectory. The real alpha, he believes, will emerge from identifying "hidden gems" companies and themes, particularly around AI applications, that can enhance productivity and margins over time. Volatility may dominate headlines, but it is conviction, not chaos, that builds wealth in Indian equities, he said at the summit. Speaking on the topic, "Is Volatility A Buying Opportunity?", Kela said his core message is: "ignore the noise, back entrepr
The Reserve Bank of India’s amendment, effective 1 April 2026, ushers in sweeping changes to funding structures, collateral norms, and exposure rules within the capital markets ecosystem — a move that could reshape the operating landscape for stock brokers.A key change under the amendment is the shift toward fully secured funding for brokers. Going forward, only 100% secured funding will be permitted, with limited carve-outs such as intra-day settlement timing facilities. Earlier, bank guarantees for instance of Rs 100 could be structured with Rs 50 backed by fixed deposits and the remaining Rs 50 supported through unsecured instruments such as personal or corporate guarantees. The revised framework removes this flexibility.The amendment also introduces stricter rules for bank guarante
New Delhi: Changi Airport Group's Chairman Lim Ming Yan on Saturday said the group is closely monitoring opportunities for airport projects in India and emphasised the need for having local partners for a win-win situation.The group operates Singapore's Changi Airport, one of Asia's most connected international aviation hubs, which provides connectivity to around 170 cities worldwide.Noting that India is definitely a growth market, Lim Ming Yan said, "We monitor very closely, and we are watching in fact on how we could perhaps be involved with some of these airport projects...there are many ways in which you can get involved".India is one of the world's fastest-growing civil aviation markets, and the government plans to offer more airports to private players on a public-private partnership
The Union Cabinet, led by Prime Minister Narendra Modi, has approved India’s first underwater twin-tube railway project under the Brahmaputra River to connect Gohpur and Numaligarh in Assam, with a total estimated cost of Rs 18,662 crore, ahead of the crucial state Assembly elections.Project DetailsFeatureDetailsProject NameConstruction of Twin Tube TBM road Underwater tunnel 2 Lane each under River Brahmaputra along with provision of Railway infrastructure in one of the tubes, in the state of Assam on EPC Mode with total length of project as 33.7 Km.CorridorGohpur on NH-15 – Numaligarh on NH-715 Length (km)33.7 Km.Total Civil Cost (Rs Cr.)11,982.36 Cr.Land Acquisition Cost (Rs Cr.)716.65Total Capital Cost (Rs Cr.)18,662.02ModeEngineering Procurement Construction (EPC).Project LengthIn
New Delhi: Union Minister Ashwini Vaishnaw said the Union Cabinet approved projects worth ₹1,60,504 crore at its final meeting in the historic South Block before passing a resolution to shift its functioning to the newly dedicated Seva Teerth complex.After nearly 95 years since its inauguration in 1931, the government is set to move out of South Block. Prime Minister Narendra Modi dedicated Seva Teerth to the nation on February 13.₹1.60 lakh crore approvalsAt its concluding session in South Block, the Cabinet cleared decisions spanning railways, road infrastructure, metro expansion, startup funding and urban development.Among the major approvals were:1.Kasara–Manmad 3rd and 4th railway line – ₹10,154 crore2.Delhi–Ambala 3rd and 4th railway line – ₹5,983 crore3.Ballari–Hos
