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RBI Proposes Tighter Lending Norms for REIT

Draft Directions Cap Bank Exposure to REIT Structures

The Reserve Bank of India (RBI) has issued draft Second Amendment Directions, 2026, proposing stricter conditions for bank lending to Real Estate Investment Trusts (REITs). The framework seeks to strengthen prudential safeguards while supporting the growth of India’s investment trust ecosystem.

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Uday Kotak Appointed Chairman of GIFT City Company

Gujarat Strengthens Leadership at India’s Premier IFSC

The Government of Gujarat has appointed Uday Kotak as Chairman of Gujarat International Finance Tec-City Company Ltd, the state-promoted entity responsible for developing and managing GIFT City. He succeeds Hasmukh Adhia, who had served as non-executive chairman.

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Aditya Pandya Becomes India’s Youngest Analogue Astronaut

Teen Innovator Completes Simulated Lunar Habitat Mission

Seventeen-year-old Aditya Pandya has emerged as India’s youngest analogue astronaut after successfully completing an eight-day simulated lunar habitat mission in Dholavira. The mission recreated the operational and psychological challenges associated with future Moon habitation.

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Rs 100 Coin Released Seva Teerth and Kartavya Bhavans

Administrative Transition Marks New Governance Era

Narendra Modi inaugurated the newly designated Seva Teerth complex along with Kartavya Bhavan 1 and 2, signalling a major transformation in India’s administrative infrastructure. The naming of Seva Teerth reflects an emphasis on citizen-centric governance and public service orientation.

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BNP Claims Victory in Bangladesh General Elections

India Assesses Diplomatic Implications of Political Shift in Dhaka

The Bangladesh Nationalist Party (BNP) has declared a decisive victory in Bangladesh’s general elections, paving the way for Tarique Rahman to assume leadership as prime minister. The outcome signals a major political transition following the exit of Sheikh Hasina, reshaping regional diplomatic dynamics.

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