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Indian economy has shown resilience in times of global crisis: Piyush Goyal

May 12, 2026

New Delhi, May 12 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Tuesday said that the Indian economy has continued to show resilience amid global geopolitical and economic challenges, with strong fundamentals and growing global confidence in India.Speaking at the CII Annual Business Summit 2026 here, Goyal said India has…

April inflation reflects relatively stable price conditions, monsoon a key factor

May 12, 2026

New Delhi, May 12 (IANS) The moderate jump in inflation in April reflects relatively stable price conditions across several core consumption categories, particularly transport, industry leaders said on Tuesday.However, food price pressures…

Business

India remains fastest growing major economy, performs better amid global uncertainties: Assocham

May 12, 2026

New Delhi, May 12 (IANS) India’s economy continues to show resilience despite rising global uncertainty and the impact of the ongoing West Asia conflict, remaining the fastest-growing major economy in the world, an Assocham ‘Global Economic…

Business

Sensex crashes 1,456 points, Nifty slips below 23,400 as West Asia tensions rattle markets

May 12, 2026

Mumbai, May 12 (IANS) Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic fallout triggered a sharp…

Business

Former World Bank chief urges China to stop hoarding food, fertiliser stockpiles: Report

May 12, 2026

New Delhi, May 12 (IANS) China should stop hoarding food and fertiliser to ease the global supply crisis caused by the US-Iran war, former World Bank president David Malpass said, according to a report on Tuesday. “They have the biggest…

Business

India’s retail inflation recorded at 3.48 per cent in April

May 12, 2026

New Delhi, April 12 (IANS) India's retail inflation rate, based on the new Consumer Price Index (CPI) series, was recorded at 3.48 per cent in April compared to the same month of the previous year, according to data released by the Ministry…

Business

Maruti Suzuki selects 6 startups to boost automation, customer experience

May 12, 2026

New Delhi, May 12 (IANS) Leading automobile firm Maruti Suzuki India Limited on Tuesday said that it selected six startups under the 10th cohort of its flagship accelerator programme to develop AI-based and technology-driven solutions aimed…

Business

Public sector banks clock all-time high net profit of Rs 1.98 lakh crore in FY26

May 12, 2026

New Delhi, May 12 (IANS) The net profit of public sector banks recorded a robust 11.1 per cent increase to scale an all-time high of Rs 1.98 lakh crore in FY 2025–26, marking the fourth straight year of profitability as reforms and…

Business

Reviewed progress of India-Chile CEPA talks, discussed ways to deepen partnership: Piyush Goyal

May 12, 2026

New Delhi, May 12 (IANS) Union Commerce and Industry Minister Piyush Goyal on Tuesday said India and Chile reviewed the progress of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) and discussed ways to…

Business

Singapore playing key role in China’s plan to globalise yuan: Report

May 12, 2026

New Delhi, May 12 (IANS) Singapore has emerged as a key hub in China’s strategy to internationalise its currency, the renminbi (RMB), and reduce dependence on the US dollar-dominated global financial system. The city state facilitates…

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