BKJ Airports launches GroundSafe digital platform to strengthen ground safety

BKJ Airports launched GroundSafe on August 17, 2026, to improve ground safety through a new QR code-based reporting platform. The company also introduced three safety manuals to set standard procedures across its network. Currently operating at 17 airports, the firm plans to reach 100 airport contracts by the year 2035.

India's kharif crop area 21 lakh hectares less than a year ago as pace of sowing slows

India’s kharif crop area reached 1,016.57 lakh hectares as of August 14, which is 21 lakh hectares less than a year ago. The Agriculture Ministry said the pace of sowing slowed down because the monsoon turned out to be 22 per cent deficient. Many states reported a decrease in planting area.

Annual credit card fees can be worth it but only if the benefits add up

Annual credit card fees can be worth it if the benefits add up. A card with a Rs 2,000 or Rs 5,000 fee might seem expensive, but frequent travellers often recover costs through lounge access. Always check if your actual spending matches the rewards, and never carry debt to earn points.

Eden Realty plans to invest ₹300 crore in a five-star hotel and villa-style resort along the Hooghly River

Eden Realty plans to invest ₹300 crore in a five-star hotel and villa-style resort along the Hooghly River. The Kolkata-based firm got land on lease from the Syama Prasad Mookerjee port. Managing Director Arya Sumant said, "We are coming up with one 100-key hotel on the riverfront." This project aims to boost tourism.

Indian-origin teen became world's youngest CA at 16, now works as research analyst

Lakshmanan Meyyappan became the world's youngest male Chartered Accountant at 16 years and 141 days. The Indian-origin teen started his finance studies during the Covid-19 pandemic. Now based in Dubai, he works as a Senior Research Analyst. He said, "When learning is driven by curiosity rather than speed, the outcome is meaningful."

Electronics component projects take investment to Rs 69,500 crore, top target by Rs 10,150 crore

Electronics component projects reached Rs 69,500 crore, exceeding the original target by Rs 10,150 crore. Electronics and IT secretary S Krishnan said the 106 projects will create nearly 10,000 direct jobs. Minister Ashwini Vaishnaw noted 38 projects already started commercial production, as the government works to build a strong domestic manufacturing ecosystem.

FDs, gold, property and no stocks: Are your parents’ money rules quietly costing you?

Many people follow their parents’ money habits, like buying gold or using FDs. Protima Dhawan said, “Parents have a strong influence on our financial habits like how we save, spend, borrow and invest.” While some old rules stay useful, today’s wider investment choices mean you should rethink your own financial goals.

Tata Capital Healthcare Fund III invests $30 million in Tenet Diagnostics

Tata Capital Healthcare Fund III and Blue Earth Capital invested $30 million in Tenet Medcorp. The company operates over 35 centers across 14 states. Sricharan Devineni said, “The investment will help us accelerate our mission, deepen our footprint across India.” This capital will help expand their laboratory network nationwide.

FCNR(B) swap cost unlikely to have driven RBI’s early closure: SBI Research report

SBI Research said the cost of the RBI’s FCNR(B) swap facility is unlikely to have driven its early closure. The report estimated hedging costs at USD 10.5 billion over five years. "Thus, the notional cost of the FCNR(B) swap remains relatively small compared with the size of the reserve buffer."

EyePoint's drug for age-related eye disease fails late-stage trial, shares tank 70%

EyePoint’s experimental drug Duravyu failed a late-stage trial for a serious eye disease, causing shares to plunge over 65% on Monday. The company said the trial missed its vision improvement target. Analyst Graig Suvannavejh said "investors are likely to discount" the company's explanation for the trial unless confirmed later.

Bain Capital sells 5.64% unitholding in Embassy Office Parks REIT for Rs 2,325 crore

Bain Capital sold a 5.64% stake in Embassy Office Parks REIT for Rs 2,325 crore on Monday. The firm offloaded over 53 million units through open market transactions. Following the sale, Embassy REIT shares fell nearly 3 percent. The company now plans to expand its office portfolio by acquiring more space.

Are NRIs taxed on money gifted to a Hindu Undivided Family?

NRIs can gift money from their NRO accounts to a Hindu Undivided Family without tax liability. Since members count as relatives under the Income Tax Act, 2025, the HUF pays no tax on the gift. However, the member must pay tax on any income the HUF earns from these funds.