07 Jan 2026

Indian government bonds remained stable as investors prepared for a large state debt auction, which forms part of a record INR 5 trillion issuance planned for January-March. The 10-year benchmark yield saw minimal change, while market participants remained cautious amid patchy demand. State-run banks supported the market, purchasing nearly INR 125 billion in recent sessions, aided by RBI's bond-buying program. Liquidity conditions have improved since late December, but surplus levels remain below November averages. Longer-term OIS rates eased slightly after rising in previous sessions.Read more

06 Jan 2026

The Reserve Bank of India's governor recently met senior executives from key non banking financial companies (NBFCs), housing finance companies (HFCs), and microfinance institutions, which together hold over 50 % of NBFC assets. He emphasized maintaining robust underwriting standards, close monitoring of asset quality, and ethical lending practices to ensure sector stability. The governor also stressed customer focused operations and prompt grievance redressal. Industry representatives provided feedback on operational challenges and policy matters, continuing a dialogue initiated in past RBI meetings to strengthen financial stability and responsible credit practices.Read more

06 Jan 2026

The Delhi government has signed an MoU with the Reserve Bank of India to bring the capital under a formal banking and debt management system. The RBI will act as banker and debt manager, enabling low-cost market borrowings and professional cash management. Funds raised will be used only for capital expenditure, including Yamuna rejuvenation, water supply, transport and health infrastructure. The move replaces earlier high-interest borrowings and follows approval from the Union government. From January 9, Delhi's public accounts will operate independently.Read more

Gurugram News Desk

06 Jan 2026

The Municipal Corporation of Gurugram (MCG) has sealed properties with outstanding tax dues totalling around INR 43 lakh, taking enforcement action against defaulters in the city. The sealed properties include residential and commercial premises where property tax liabilities were not cleared despite repeated notices, prompting the civic body to act under its regulatory powers. Officials said property tax compliance is essential to ensure uninterrupted civic services and sustain local infrastructure funding. The move follows systematic tracking of non-payers and reflects the MCG's intensified effort to improve revenue realisation and enforce property tax laws, while encouraging timely compliance by all property owners in Gurugram.Read more

06 Jan 2026

Sundaram Alternates is aiming to raise up to INR 2,000 crore for its SA Real Estate Credit Fund V by March, having already secured INR 1,000 crore in the past three months. Positioned as India's first ESG-aligned real estate fund, it has attracted investments from insurance firms, family offices, corporate treasuries, and ultra-high-net-worth individuals. The fund will focus on residential credit opportunities, emphasising capital protection and conservative loan structures. Since 2017, the company has raised over INR 3,800 crore across five funds, delivering 18-19% internal returns without capital losses, even during economic challenges.Read more

06 Jan 2026

Waaree Energy Storage Solutions has raised INR 1,003 crore from strategic investors as part of its INR 10,000-crore plan to build a 20 GWh lithium-ion cell and battery pack manufacturing plant. The facility will focus on high-performance cells for utility storage, electric mobility, and distributed energy applications. This move positions Waaree Group as a fully integrated energy transition player, enhancing its ability to provide end-to-end solutions for grid stability and renewable adoption. The investment will also strengthen domestic supply chains and boost India's energy storage capacity.Read more

06 Jan 2026

Rajesh Power Services has been awarded a 65 MW/130 MW Battery Energy Storage System project by GUVNL in Virpore, Gujarat. The project will provide two hours of backup power at a total output of 130 MW and is slated for completion within 18 months of signing the Battery Energy Storage Purchase Agreement and receiving regulatory approvals. The project reflects India's increasing focus on energy storage to support renewable integration. Rajesh Power Services, with prior experience in power infrastructure projects, is advancing the nation's energy transition goals.Read more

06 Jan 2026

Office leasing in India reached record levels last year, with net absorption hitting 61.4 million sq ft across eight key cities, up 25 per cent from 2024, according to Cushman & Wakefield. Growth was led by Bengaluru, Delhi-NCR, Pune, Hyderabad, and Chennai, while Mumbai, Kolkata, and Ahmedabad saw a decline. Gross leasing also set a record at 88.7 million sq ft, and new office supply increased 17 per cent. Experts project continued strong demand in 2026, fueled by global capability centre expansions and wider technology adoption.Read more

Bangalore News Desk

05 Jan 2026

Unsold housing stock across India's top seven cities increased by 4% in 2025, reaching about 5.77 lakh units, according to Anarock's analysis. Bengaluru recorded the sharpest rise, with inventory jumping 23%, while Pune, Chennai, Delhi-NCR, and Kolkata also saw higher unsold stock. In contrast, Hyderabad and the Mumbai Metropolitan Region experienced slight declines. Average residential prices in the seven cities grew 8%, with Delhi-NCR recording the highest rise. Overall housing sales fell 14%, although the total sales value increased 6%, reflecting stronger performance in premium segments despite slower overall demand.Read more

05 Jan 2026

Inox Clean Energy has acquired 250 MWp of solar projects from SunSource Energy and is acquiring an additional 50 MWp, taking the total capacity to 300 MWp. The projects, located across 13 states including Uttar Pradesh, Karnataka, Tamil Nadu, and Maharashtra, operate under SPVs and supply power to major C&I clients with long-term agreements averaging 24 years. This acquisition supports Inox Clean Energy's plan to reach 3 GW capacity by FY26 and 10 GW by FY28. The company also manufactures solar modules and cells for captive use and third-party sales.Read more