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Agentic AI Can Drive Banking Efficiency as Adoption Scales: SBI Chairman

SBI Chairman CS Setty said agentic AI can help banks deliver personalised financial services at scale and improve efficiencies, but stressed the need for clear rules on AI agents, customer consent and accountability.

Sugar Imports Still Viable Despite Domestic Price Fall: ISMA

ISMA President Niraj Shirgaokar says sugar imports remain commercially viable despite falling domestic prices, as global prices stay firm amid tightening supplies.

Mumbai Office Demand Set to Grow 12–15% CAGR Through 2030: CBRE Report

Mumbai’s office demand is projected to grow at a CAGR of 12–15% between 2027 and 2030, with BFSI, technology and flexible workspaces driving expansion, according to a CBRE Research report.

India’s Manufacturing Leasing Posts 49% CAGR Since 2021, JLL Report Says

India’s gross manufacturing leasing has reached 69 million sq ft, registering a 49% CAGR since 2021, with manufacturing leasing demand projected to account for 40% of the industrial real estate market by 2030, according to JLL.

FIU Issues Notices to 15 Crypto Platforms for PMLA Non-Compliance in India

India’s Financial Intelligence Unit has issued notices to 15 virtual digital asset service providers for alleged non-compliance with PMLA requirements and sought the removal of associated apps and URLs from public access.

Crude Oil Prices Surge Nearly 2% as US-Iran Conflict Escalates, Brent Nears $100

Crude oil prices gained nearly 2% for a fourth straight session as escalating tensions involving the US, Iran and Saudi Arabia heightened fears of supply disruptions in the Gulf. Brent crude climbed toward $100 a barrel.

UK Air Traffic Control Glitch Disrupts Air India Flights; Over 1,000 Flights Cancelled

Air India diverted, delayed and cancelled multiple flights after a technical glitch at UK air traffic control provider NATS disrupted operations at major British airports, including Heathrow, Manchester and Edinburgh.

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