RBI may Reduce Rates; will be Advantage Homebuyer as EMIs will Drop, says Niranjan Hiranandani

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

New Delhi [India], March 11: Together as Medsoria, the joint venture will increase production capabilities with a new 70,000 square feet (6,500 square meters) U.S. FDA-compliant facility and engender future collaboration on developing new product lines. With the recent reporting of a trade deal between the India and U.S. to reduce tariffs and promote improved trade relations between the two countries, the joint venture could not arrive at a better time.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.

New Delhi [India], March 10: The Good Food Institute India (GFI India), in collaboration with the National Institute of Food Technology, Entrepreneurship and Management, Thanjavur (NIFTEM-T), released a landmark study titled India as a global manufacturing hub for smart protein processing equipment at the 4th Plant Based Foods Summit held on the sidelines of AAHAR 2026. This first-of-its-kind report delivers a comprehensive assessment of India's current manufacturing capabilities for plant-based smart protein processing equipment, offering strategic recommendations for government, industry, and research institutions to accelerate domestic production and reduce costly import dependence.

New Delhi [India], March 10: As retail participation in India's stock markets continues to grow rapidly, Wisdom Capital is reinforcing its position as one of India's most cost-efficient and technology-driven brokerage platforms. Having introduced its Lifetime Zero Brokerage trading model more than a decade ago, the company continues to offer traders the ability to significantly reduce transaction costs while benefiting from advanced trading technology.

Pune (Maharashtra) [India], March 10: Bajaj Finance, one of India's most trusted non-banking financial companies, is making it easier than ever for individuals to access funds through its range of personal loan offerings. Tailored for both salaried and self-employed borrowers, these loans combine favourable interest rates with adaptable repayment structures, ensuring that financial goals remain within reach regardless of the circumstances.

Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 crore via a 10-year security. Gujarat has raised Rs 2,000 crore through two securities with tenors of seven years and six months, and 11 years, with an additional borrowing option of Rs 500 crore for each.

Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI). HSBC acted as the Sole Mandated Lead Arranger and Bookrunner for the social loan fund raise, securing participations from HSBC (Gift City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd. (China), and National Development Bank Plc (Sri Lanka). This transaction reinforces CA Grameen's strong track record of raising international funds through innovative financing solutions.