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Saturday, February 21, 2026
TopicDefaults

Topic: Defaults

IL&FS effect slams brakes on runaway growth of non-bank finance companies

Ronojoy Mazumdar -
RBI is looking at strengthening guidelines for non-bank lenders to avoid rollover risks after the IL&FS defaults.

IL&FS new board will have to get selling its assets right to prevent more angst for India

Ameya Karve -
IL&FS still owns long-term infrastructure financed with short-term funding. New board will need to sell assets to pare $12.6 billion debt.

On Camera

YourTurn

Opinion

Why legal provisions are necessary to curb the power of trade unions: MH Mody

MH Mody -
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.

AI is officially ruining social media. It made brainrot boring

Bangladesh lost on all fronts under Yunus. A herculean task awaits the new PM

Economy

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

Vrinda Tulsian -
On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Defence

Embraer moves full throttle in pursuit of IAF contract, ties up with Hindalco after Adani

Snehesh Alex Philip -
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.

National Interest

No country is ever fully sovereign. Cold War era taught India its real meaning

Shekhar Gupta -
India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.

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