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MUMBAI: India’s high-net worth individuals (HNIs) and rich family offices are increasingly betting on private credit deals in search for higher, predictable returns. Investing in the space, which grew to a nearly $13 billion market locally in 2025 also allows them to diversify their portfolio. “Regulatory and tax changes have made debt mutual funds less…
Ramadan 2026 in UAE: How Will Working Hours Change for You? As the holy month of Ramadan 2026 approaches (expected to begin around February 18–19, 2026 after the crescent moon sighting), residents and workers across the United Arab Emirates are preparing for annual adjustments to daily routines including reduced working hours in both the private…
Chip Kaye, Chief Executive Founder, Warburg MUMBAI: Warburg Pincus’s global chairman Chip Kaye said India is one of the ‘best constructive ecosystems’ that the PE giant has built over the last 30 years that the US-headquartered private equity major has been in the country.In this period, Warburg Pincus had made 80 investments in India. In…
US Commerce Secretary Howard Lutnick US commerce secretary Howard Lutnick, who once said that he avoided being in one room with Jeffrey Epstein, had planned a trip to his private island, according to documents that the Justice Department released on Friday.The planned visit in 2012 came years after Lutnick had said he severed ties with…
Tech billionaire Elon Musk seemed to want to visit disgraced financier Jeffrey Epstein’s Caribbean island, documents released by the Justice Department on Friday showed.Musk previously claimed that he rebuffed attempts from Epstein to get him to visit one of the two islands Epstein owned, Great St. James and Little St. James, in the US Virgin…
Amid the backdrop of Budget 2026, India may need to revisit long-standing restrictions on voting rights in private sector banks if it wants to build stronger lenders capable of supporting the country’s long-term economic ambitions, according to experts.Vijay Mani, Partner and Banking and Capital Markets Leader at Deloitte India, and Russell Gaitonde, Partner, said the…
BENGALURU: After controversy erupted over shifting private and individual airport taxi operators to the P4 parking area of Terminal 1 of Kempegowda International Airport (KIA), the operator of the KIA, Bengaluru International Airport Limited (BIAL) is now exploring a new system to allow these vehicles access to the KSTDC airport taxi pick-up zone, which is…
BENGALURU: India was to ring in its 2026 space calendar with a launch that quietly captured the direction the sector is now taking. The PSLV-C62, carrying a clear private sector imprint, however, failed on Jan 12. Notwithstanding that setback, 2026 is still shaping up as the year when India’s private sector can show results in…
Maine plane crash (AP image) At least seven people were killed and a crew member survived with serious injuries after a private business jet crashed during takeoff amid a snowstorm at Bangor International Airport in the US state of Maine on Sunday night.The Bombardier Challenger 600, carrying eight people, flipped over and caught fire while…
Ahead of the Union Budget, India’s fast-growing private space industry has called on the government to step up public procurement of space products and services and formally recognise space assets as critical infrastructure to unlock financing and accelerate scale-up.Industry leaders said assured government demand, along with easier access to long-term capital, is essential for domestic…
