18 Jan 2026

Homegrown payment gateway PayG has received RBI approval to operate as an Offline and Cross-Border Payment Aggregator, completing its full suite of Payment Aggregator licences. This allows PayG to process online, in-store, and international digital payments through a single, RBI-compliant platform. The approval enables support for point-of-sale, QR-based, device-led, and cross-border transactions, helping businesses manage payments across channels and geographies seamlessly. The company said the milestone strengthens its regulatory standing and supports offline-first, export-oriented, and omnichannel businesses. Founded in 2020, PayG currently serves over 1,000 SMEs and 50 enterprise clients. The development positions PayG for its next growth phase as demand rises for integrated, secure, and compliant digital payment solutions across sectors.Read more

17 Jan 2026

The Indian Biogas Association has urged the central government to create a dedicated INR 10,000 crore fund to accelerate growth in the biogas and compressed biogas (CBG) sector. Ahead of the Union Budget, the association has sought higher capital subsidies, citing a sharp rise in project costs over the past decade. It has also recommended increasing the subsidy cap per plant and strengthening demand for by-products such as fermented organic manure through phased blending mandates in fertilisers. Additional proposals include carbon credit monetisation and green certificate mechanisms to improve project viability. The measures aim to attract private investment, support rural income generation, reduce fertiliser dependence, and position biogas as a key driver of India's clean energy and sustainable agriculture transition.Read more

17 Jan 2026

The Indian Micro-Fertilizers Manufacturers Association has urged the government to extend a uniform 5 per cent GST across all fertilisers notified under the Fertiliser Control Order and speed up refunds of excess input tax credits. While welcoming proposed GST reforms, the association said higher GST on raw materials continues to lock up working capital due to an inverted duty structure. It also called for a clear, time-bound refund mechanism to ease financial pressure on manufacturers. In addition, the body has sought a One Nation, One Licence system to replace state-wise approvals, reduce compliance costs, and improve ease of doing business. The proposed measures aim to strengthen the fertiliser sector, support manufacturers, and ensure timely availability of products for farmers.Read more

17 Jan 2026

U.P. RERA achieved record growth in 2025, with 308 real estate projects registered, up from 259 in 2024, and 84,976 units approved, marking a 22.5 percent increase over the previous year. Capital investment surged to INR 68,328 crores, a 53.5 percent rise, reflecting strong investor confidence. Growth was not limited to the NCR, with non-NCR districts like Lucknow, Mathura, Bareilly, and Agra seeing increasing projects. Religious cities such as Ayodhya, Varanasi, and Prayagraj also attracted significant investment. These trends highlight the success of U.P. RERA and government policies in fostering transparency, regional development, and investor-friendly conditions.Read more

17 Jan 2026

Industry body PHDCCI has recommended setting up a dedicated Green Bank or Climate Finance Facility to accelerate private investment in renewable energy, electric vehicles, energy efficiency, and other green technologies. Shared ahead of the Union Budget, the proposal aims to address funding gaps by offering blended finance, credit support, and risk-sharing for climate-focused projects. The chamber said such a facility could mobilise long-term capital through green bonds and attract global investors. Industry leaders also called for stronger disclosure norms to build confidence in sustainable finance. The recommendations come as India steps up clean energy and climate investments, with green finance seen as key to supporting low-carbon infrastructure, housing, and climate-resilient urban development.Read more

16 Jan 2026

Puravankara Ltd reported a 17 per cent rise in sales bookings to INR 1,414 crore in the third quarter of the current financial year, aided by steady demand for residential projects. Sales volumes rose to 1.49 million square feet, while average realisation increased to INR 9,500 per square foot. For the first nine months, bookings grew 9 per cent to INR 3,859 crore. The company also posted higher collections and continues to expand its presence across major Indian cities with a strong project pipeline.Read more

16 Jan 2026

Ajmera Realty & Infra India Ltd recorded a sharp rise in sales bookings during the third quarter of the current financial year, supported by improved demand for its housing projects. Sales bookings more than doubled on a year-on-year basis, while sales volumes also registered strong growth. The company reported a significant increase in cumulative bookings during the first nine months of the financial year, reflecting steady traction across its residential portfolio. Management attributed the performance to the company's asset-light strategy and expansion into new micro-markets. The developer stated that it has already surpassed its required run-rate for the year and remains confident of exceeding its full-year sales guidance.Read more

16 Jan 2026

The World Bank has approved loans worth USD 680 million for three projects in Assam aimed at improving climate resilience, education outcomes, and governance systems. The approvals cover initiatives focused on building disaster-resilient hill roads, strengthening school education and adolescent wellbeing, and enhancing governance and service delivery across the state. The projects are expected to improve connectivity in hilly and rural areas, support learning and life-skills development for more than four million students, and strengthen public financial management and administrative services. All three projects have a final maturity period of 16 years, including a three-year grace period, and are designed to support long-term development objectives in Assam.Read more

16 Jan 2026

The National Highways Builders Federation (NHBF) has urged the Finance Ministry to revive the Vivad se Vishwas II scheme or introduce a similar one time settlement mechanism for road and core infrastructure projects. The federation highlighted that unresolved contractual disputes, especially with the National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways (MoRTH), are straining contractors and authorities finances, affecting cash flows and project execution. NHBF proposed extended timelines and broader coverage under a revived scheme to improve dispute resolution and restore investor confidence in the sector.Read more

16 Jan 2026

The Ghaziabad Development Authority (GDA) has raised around INR 194 crore through the auction of residential and commercial land parcels, reflecting strong demand for property in the city. The auction attracted healthy participation from developers and investors, driven by Ghaziabad's improving connectivity, metro expansion and growing position within the NCR growth corridor. Plots of varying sizes and land-use categories were offered, enabling interest from housing, retail and mixed-use developers. The proceeds will be used to fund key urban initiatives such as road upgrades, civic amenities, drainage and public infrastructure projects.Read more