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Friday, April 10, 2026
TopicDefaults

Topic: Defaults

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

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

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

A stronger Iran has emerged from the rubble. US learned the lesson 40 days late

The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Theaterisation proposal to be shared with defence ministry in a week or so—CDS Gen Anil Chauhan

Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.