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Subscribe to enjoy similar stories.MUMBAI: The Centre is exploring partnerships with real estate-focused global investors to form real estate investment trusts (Reits) that will house optic fibre networks and land assets of central public sector enterprises (CPSEs), multiple people with knowledge of the matter said. The assets under consideration could also be repurposed for data centre infrastructure, potentially widening investor appeal.The plan, still at an early stage, is part of a broader push to accelerate government asset monetization following the Union budget for 2026-27, which proposed using Reit structures to recycle state-owned assets and attract institutional capital.

Subscribe to enjoy similar stories.Committed occupancy levels – office spaces where leases have already been signed with tenants but are yet to commence – for key listed real estate investment trusts (Reits) exceeded the 90% mark in FY26. Management executives at Reits are largely upbeat on demand prospects, providing room for occupancy improvement.Embassy Office Parks REIT sees occupancy rising to 92-93% and Brookfield India Real Estate Trust pegs it at 96%.

Subscribe to enjoy similar stories.Bengaluru: India’s listed office real estate investment trusts (Reits) are building artificial intelligence-resilient, GCC-driven tenant portfolios as they focus on expansion through acquiring premium assets and increasing occupancy in FY27.Reits have emerged from a strong year with good leasing and increased demand from global capability centres (GCCs). The publicly listed office Reits in the country—Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust (Biret) and Knowledge Realty Trust (KRT)—have seen their net operating income, occupancy levels and distribution grow in FY26.Bagmane Prime Office REIT was the fifth and latest to list in May.

Subscribe to enjoy similar stories.On an unusually mild May morning, Sunder Nursery in Delhi’s Nizamuddin Basti area is all abuzz. Quite literally. Behind the stone wall marking the end of the territory accessible to visitors, some winged creatures are fluttering around over a few private acres of wilderness.

Subscribe to enjoy similar stories.A savings bank account is the default parking spot for emergency funds. It is liquid, familiar and easy to access.But large idle balances kept “for safety” often earn just 2–4% interest — not enough to beat inflation.

Subscribe to enjoy similar stories.Four angry women, in Bengali writer Kabita Singha’s eponymous novel, decide to go “out flying for a whole day” one winter in Calcutta (now Kolkata), most likely in the 1950s. Suman, Bulan, Renu and Chuni are fashionably bedecked as they walk from Dalhousie towards Park Street.

Subscribe to enjoy similar stories.Being a new parent transforms one’s relationship with their city. The park is central to this change as it becomes an essential third space. These outings are not merely recreational, but also require active engagement with everything, from the grass to the play area and even the security guards.

Subscribe to enjoy similar stories.It’s a hot day in Hanoi, the humidity hanging heavy, but we’re cutting a cool path through the water of Ha Long Bay, heading towards the uber-luxury Vinpearl Resort, built on an island with spectacular views of the bay. This isn’t a vacation though. We’re here to test drive VinFast’s new MPV 7.Before we get to the cars, we’re shown the entire repertoire of the Vin’s group’s strength since the group has ambitious plans for India.

Subscribe to enjoy similar stories.Blackstone-backed Bagmane Prime Office Reit, which is set to launch its ₹3,405-crore initial public offering (IPO) next week, expects strong leasing momentum led by global capability centres (GCCs) as it looks to acquire assets and grow its portfolio, CEO Richard Hugh Andrew said.The IPO, which opens on 5 May, comprises an issue of fresh shares worth ₹2,390 crore and an offer for sale (OFS) worth up to ₹1,015 crore by a Blackstone affiliate. The proceeds from the new shares will be used to part-fund the acquisitions of Luxor at Bagmane Capital Tech Park, a million sq ft completed asset, and a 93% stake in Bagmane Rio Business Park, a 1.1 million sq. ft leased building.India currently has four listed office Reits—Mindspace Business Parks Reit, Embassy Office Parks Reit, Brookfield India Real Estate Trust (Biret) and Knowledge Realty Trust.

Subscribe to enjoy similar stories.On Monday, shares of One97 Communications Ltd, which operates Paytm, fell more than 8% intraday before trimming losses to close 1% lower at ₹1,137.80 apiece on the National Stock Exchange. The decline followed the Reserve Bank of India’s (RBI) cancellation of Paytm Payments Bank Ltd’s (PPBL) licence.But what triggered the action, and what does it mean for India’s fintech major? Mint breaks it down.PPBL, launched in May 2017, had long been under regulatory scrutiny over its operational structure and dependence on its parent’s technology systems and data-sharing arrangements.Over time, RBI flagged concerns including breaches of deposit limits and weak know-your-customer (KYC) controls, which it said weakened safeguards against money laundering risks.

domestic airlines within hours, limiting the hike to about 8.5% in New Delhi. The ministry of petroleum and natural gas said the partial increase was aimed at insulating carriers from a fuel price shock amid disruptions in global energy markets.The move is part of a broader effort to contain costs. The Centre has also capped domestic jet fuel price hikes by oil marketing companies at 25% starting April.

schemes.Integrated with states’ financial systems and the Reserve Bank of India's (RBI) e-Kuber platform, it allows funds to be released only when payments are actually due. The system shifts fund flow from an advance-based model to a demand-driven one.It is used across more than 50 centrally sponsored schemes, where spending is shared between the Centre and states—usually in a 60:40 ratio (and 90:10 for special category states).Earlier, ministries released funds upfront to states and implementing agencies.

Elon Musk has predicted that in 10 to 20 years, work will become optional. He has done this umpteen times—in response to a New York Times article about Amazon, at a US-Saudi investment forum, in a conversation with Zerodha’s Nikhil Kamath, at Viva Technology 2024 in Paris and the 2023 AI Safety Summit in Bletchley Park.

Mint, Sahil Kapoor, head-products and market strategist at DSP Mutual Fund, said duration strategies look appealing right now because of wide spreads between the 10-year G-sec yield and the repo rate.So, what exactly is a duration strategy? And what other strategies work in the bond market? Here’s a closer look.Duration funds take a directional call on interest rates. If the fund manager expects rates to fall, he increases exposure to longer-dated bonds.The logic rests on a basic bond market rule: yields and bond prices move in opposite directions.

₹4,000-crore initial public offering (IPO) that was originally scheduled for March, amid market volatility, according to two people familiar with the matter.Bagmane had received regulatory approval for the draft offer document it filed last December. The company had begun roadshows for investors and analysts earlier this month in the run-up to the IPO.“The company was scheduled to file the updated offer document (UoD) in early March, and once the approval came in, planned to launch the public offering in March itself.

₹13,000 crore leap into the future of healthcare—shifting from mass-produced generics to cutting-edge “living medicines” grown from cells, alongside advanced chemicals.With blockbuster drug patents set to expire globally, Mint explains how the country plans to tap a $300 billion biologics opportunity.To handle the work of growing medicines from living cells, India plans to build three new national research institutes and upgrade seven existing ones, including major centres in Mohali, Ahmedabad, Hyderabad, and Kolkata.These centres will focus on training a specialized workforce to manage the high level of scientific skill required. Since making medicines from living organisms is much more difficult than a standard pill, this expertise is essential for everything from laboratory research to high-tech factory management and safety checks.India plans to set up 1,000 testing sites nationwide to rigorously evaluate safety and effectiveness.This is essential because biologics are fundamentally different from traditional drugs.

₹1.5 crore ground-floor apartment in central Delhi, listed at ₹1.2 crore, looked like a steal. Sanyam Jain thought so too and contacted the bank for details. The paperwork was clean and showed no dispute.

Drumah sapushpaah salilam sapadyam, streeyah sakama pavanah sugandhih |Sukhaah pradosha divsashch ramyaah, sarvam priye charutaram vasante ||The meaning of the verse is as follows: Oh beloved! everything has turned so beautiful during spring time. Trees are laden with flowers, ponds are full of lotus, air is scented, evenings pleasant and days are delightful.I entered my housing society park with a lot of enthusiasm to meditate, but failed. Why? Incredible decibel assault was on from the Noida-Greater Noida Expressway in the vicinity.

₹33,660-crore Bharat Audyogik Vikas Yojna (Bhavya) kicks off in fiscal year 2027 (FY27), aiming to expand India's manufacturing muscle, while creating large-scale employment.The Union Cabinet also approved a series of projects totalling more than ₹45,000 crore, including Bhavya, which will be executed over five years."The scheme is expected to drive large-scale job creation, generating substantial direct and indirect employment across manufacturing, logistics, and services, while catalyzing significant investments. The scheme aims to generate 15 lakh direct jobs by boosting manufacturing-led growth and enhancing infrastructure with ready-to-use industrial parks," said Ashwini Vaishnaw, Union minister for railways, information and broadcasting, and electronics and information technology.The Bhavya scheme will be implemented in partnership with states and private sector players, building on the experience of industrial smart cities developed under the National Industrial Corridor Development Programme.

India’s corporate skyline has expanded rapidly over the past three decades. Tech campuses in Bengaluru and Hyderabad, logistics parks along the Delhi-Mumbai industrial corridor and multiple warehouse clusters on city outskirts reflect a country building the infrastructure of a modern economy. Yet, much of this expansion has been planned around connectivity, labour access and land prices.

Indian banks are losing ground among working-age savers, even as retirees return in growing numbers to park money in fixed deposits and savings accounts.Recent data from the Reserve Bank of India shows the share of deposits held by working Indians aged 25 to less than 60 has steadily declined over the past two years, highlighting how younger savers are no longer reliant on banks to grow their money.The working population held 55.46% of retail deposits in December 2025, down from 57.41% in March 2023, the earliest comparable data. That is a change of 195 basis points (bps).By contrast, the share of depositors aged 60 and above rose sharply to 40.6%, from 38.25% as of March 2023, up 235 bps.