Banks welcome RBI’s steady rates, see boost to credit growth

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank’s decision reflects confidence in the domestic economy’s resilience. This move supports credit flow to productive sectors…

Vodafone Idea needs tariff hikes to sustain network investments: Kumar Mangalam Birla

Vodafone Idea’s chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding for its capital expenditure plan. India’s average revenue per user remains significantly low globally. The telecom sector’s consolidation has improved its investment outlook. Sustained investment is crucial for India’s digital transformation goals.

Air India Express to connect six new destinations

Air India Express will begin flights to six new Indian cities starting September 1, 2026. These new destinations will connect to major metro hubs across the country. The airline’s network will expand to include 48 domestic and 16 international stations. Currently, Air India Express operates over 500 daily flights with its fleet. This expansion aims…