The RBI has authorised banks to grant natural calamity relief on their own, effective July 1. Borrowers affected by weather disruptions can receive rescheduling, moratoriums, and extra finance without filing a request first. The rollout of a new resolution framework has been deferred to July 1, aiming to speed support for those facing immediate repayment stress.
Vodafone Idea once led India’s telecom race, but its dominance proved short-lived. A mix of shifting industry economics, mounting financial pressure, and intensifying competition steadily eroded its position. In five quick stories, the carrier’s turnaround attempts and setbacks show how fast fortunes can change in a capital-heavy sector where every delay becomes costly.
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