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Mumbai

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Aviation, Shipping & Logistics Special Report (Sept 27, 2026)

The 1,500-Jet Order Book: How Air India and IndiGo are Turning New Delhi and Mumbai into Global Transit Megahubs

Indiaโ€™s two dominant carriers are attempting something the country has never sustained at scale: build globally relevant transit hubs that can pull traffic away from the Gulf. Air Indiaโ€™s Tata-led turnaround and IndiGoโ€™s long-haul expansion together have created an order book of roughly 1,500 aircraft, a fleet pipeline large enough to reshape route economics, airport planning and bilateral aviation diplomacy. The strategic prize is not just prestige; it is the capture of India-origin and sixth-freedom traffic now funneled through Dubai, Doha and Abu Dhabi. The wager is that Delhiโ€™s Indira Gandhi International Airport, alongside the coming Noida and Navi Mumbai greenfield airports, can support a new hub-and-spoke system for long-haul connectivity. But the constraints are severe: aircraft delivery delays, pilot training bottlenecks, airport slot scarcity, premium-cabin competition and the hard arithmetic of connecting flows. India may be building the hardware for a hub state, yet whether it can match the Gulf carriersโ€™ operational discipline remains the central test.

By RDU Special Investigations Desk7 min read
Macro Economy & Fiscal PolicySept 26, 2026

Gold Faces Weekly Decline Amid Rising Rate Hike Speculations

Gold prices experienced a slight uptick on Friday, yet are poised for a 2.1% decline this week as inflation concerns and rising U.S. Treasury yields diminish its safe-haven appeal. The Federal Reserve's recent interest rate hike has intensified fears of further increases, impacting gold's market perception.

4 min readRead โ†’
Markets, IPOs & WealthSept 26, 2026

SEBI's New PMS Framework Poised to Transform India's Investment Landscape

The Securities and Exchange Board of India (SEBI) has unveiled a revised framework for Portfolio Management Services (PMS), which could potentially double the industry's size. APMI Chairman Vikas Khemani highlights the significance of these changes in expanding investment options and lowering entry barriers.

4 min readRead โ†’
India Entertainment & Culture10h ago

Ranbir Kapoor Helps MrBeast Chant 'Jai Shree Ram' at Mumbai Ramayana Event as Film Push Goes Global

YouTube megastar MrBeast joined Ranbir Kapoor, Sai Pallavi and the team of Nitesh Tiwari's Ramayana at a promotional event in Mumbai, where he praised the film and briefly needed help from Kapoor to join in a crowd chant of "Jai Shree Ram." The appearance underscores the makers' increasingly international strategy for the two-part epic, which is being positioned as one of Indian cinema's most ambitious global releases.

5 min readRead โ†’
India Entertainment & Culture9h ago

Veteran Actor Mushtaq Khan Dies at 75 After Cancer Battle

Actor Mushtaq Khan, a familiar face in more than 500 films and one of Hindi cinema's most recognisable supporting performers, has died at the age of 75 after battling cancer. His son, Mohsin, said Khan was admitted to Nanavati Hospital in Mumbai after complaining of stomach pain, where doctors discovered the illness and his condition worsened in the final days.

3 min readRead โ†’
National Governance & Policy5h ago

Emiway Bantai on 'Safal,' street slang and why he still makes hip-hop on his own terms

Mumbai rapper Emiway Bantai says his latest track 'Safal' reflects the same mix of humour, swagger and self-awareness that has defined his rise from an independent newcomer to one of Indian hip-hop's most recognisable voices. Speaking around his collaboration with Red Bull 64 Bars Season 4 and Def Jam Recordings India, he argues that Indian rap has always been diverse โ€” and that the real change is the visibility now given to regional languages and local styles.

6 min readRead โ†’
Science, Space & Research5h ago

Sitharaman Says AI, Semiconductors and Quantum Tech Are India's Next Big Investment Frontier

India's finance minister Nirmala Sitharaman has called for a major push into artificial intelligence, semiconductors and quantum technology, arguing that the country must invest more aggressively in hardware, skills and institutions to stay competitive. Speaking in Bengaluru, she also pushed back against foreign perceptions that India has "missed the AI bus," saying much of the country's innovation remains underrepresented in public markets despite a growing startup base.

8 min readRead โ†’
Startups & Venture Capital3h ago

Astrobase Bets on Propulsion to Power India's Next Wave of Reusable Rockets

Bengaluru startup Astrobase Technologies has emerged as one of the first beneficiaries of IN-SPACe's Rs 500 crore Technology Adoption Fund, a milestone that underscores India's growing private-space ambitions. Founded by IIT Bombay classmates Neeraj Khandelwal and Devakumar Thammisetty, the company is building an indigenous propulsion stack anchored by its full-flow staged combustion engine Everest, with an eye on reusable launch systems and a much larger national launch capacity.

5 min readRead โ†’
Banking, Fintech & Insurance1h ago

RBI Sets H2 FY27 WMA Limit at Rs 50,000 Crore to Back Government Cash Flow

The Reserve Bank of India has fixed the Ways and Means Advances limit for the second half of 2026-27 at Rs 50,000 crore, giving the central government a short-term financing backstop to manage temporary mismatches between receipts and payments. The RBI said it may trigger fresh market borrowing if the government uses 75 per cent of the limit, while retaining the flexibility to revise the ceiling if circumstances change.

4 min readRead โ†’
Banking, Fintech & Insurance55m ago

RBI Bulletin Says India's Economy Is Shielding Financial and External Sectors From Global Turbulence

India's financial and external sectors continue to benefit from a resilient domestic economy, even as geopolitical tensions, weather disruptions and firmer global bond yields weigh on the outlook, the Reserve Bank of India said in its latest bulletin. The central bank's assessment pointed to strong GDP growth, healthy foreign exchange reserves, steady credit momentum and moderate current account pressures, while warning that rising crude oil prices and food inflation could complicate the inflation path ahead.

5 min readRead โ†’
Markets, IPOs & Wealth8h ago

SEBI Board Unveils Key Market Reforms in September 24 Meeting

India's markets regulator, the Securities and Exchange Board of India, took a series of key decisions at its board meeting on September 24, 2026, signaling continued attention to market efficiency, investor protection and regulatory calibration. The meeting's outcomes are expected to shape compliance expectations and market structure discussions across listed companies, intermediaries and investors in the months ahead.

4 min readRead โ†’
Banking, Fintech & Insurance7h ago

RBI Bulletin Flags India's 7.8% Growth Resilience Amid West Asia Shock, Inflation Pressures and Banking Funding Debate

The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.

8 min readRead โ†’
Legal, Courts & Regulatory2h ago

Madras High Court Quashes Cognisance Order in ED Case Against Jaffer Sadiq, Citing Hearing Rights Under BNSS

The Madras High Court has set aside a Chennai sessions court order that took cognisance of an Enforcement Directorate money laundering complaint against alleged drug smuggler Jaffer Sadiq without first hearing him. While quashing that procedural step, the court restored the complaint and directed the lower court to proceed in line with Section 223(1) of the Bharatiya Nagarik Suraksha Sanhita, which requires an opportunity of hearing before cognisance is taken.

5 min readRead โ†’

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