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Business

India mining sector enters Mining 5.0 era

New Delhi India’s mining industry is entering a new phase of transformation termed “Mining 5.0”, driven by integrated digital systems, artificial intelligence, and advanced automation, according to a Deloitte–ICC report cited in a recent industry update. The report highligh

2 min read
Business

Hyundai India profit falls despite sales growth momentum

Mumbai Hyundai Motor India Limited reported a 22.2% year-on-year decline in consolidated net profit for the fourth quarter of FY26, falling to ₹1,255.6 crore from ₹1,614.3 crore in the same period last year. The drop came despite steady revenue growth and strong sales performa

2 min read
Business

South Korea court upholds chairman jail term

Seoul The Supreme Court of South Korea has upheld a two-year prison sentence for Cho Hyun-bum, confirming his conviction for misappropriation and embezzlement of company funds. The ruling finalises earlier decisions by lower courts in the high-profile corporate governance case

2 min read
Business

DRDO tests TARA glide weapon successfully

New Delhi India has successfully conducted the maiden flight-trial of the Tactical Advanced Range Augmentation (TARA) weapon system off the coast of Odisha, marking a significant step in indigenous defence technology development, the government said on Friday. The system ha

2 min read
Business

SBI Q4 profit rises; FY26 crosses ₹80,000 crore

Mumbai State Bank of India reported a mixed but largely steady financial performance for the fourth quarter of FY26, showing resilience in core banking operations despite pressure on margins and operating profit. The bank posted a 5.6% year-on-year rise in standalone net profi

2 min read
Business

India leads global space shift: Nidhi Khare

New Delhi India is emerging as a key player in global space innovation and standardisation, said Nidhi Khare while addressing an international space systems meeting in New Delhi on Friday. She said the country is now at the forefront of global space transformation and rapidly

2 min read
Business

Markets slide as strait of Hormuz fears rise

Indices Slip Globally Mumbai The Indian stock market closed sharply lower on Friday, with benchmark indices falling due to renewed geopolitical concerns linked to tensions near the Strait of Hormuz. BSE SENSEX dropped 516 points, while the NIFTY 50 slipped around 150 poi

1 min read
Business

Construction equipment exports rise amid domestic slowdown

Indian construction equipment exports surge despite domestic slowdown driven by infrastructure delays and higher operational costs. New Delhi India’s construction equipment industry recorded strong export growth of 31.5% in FY26, even as domestic demand softened, according

2 min read
Business

India pushes MSME cooperation under BRICS 2026

india-targets-boost-msme-cooperation-brics-chairship-2026-finance-inclusion-fintech-trade-growth-sme-working-group-msme-forum-inclusive-development New Delhi As Chair of the BRICS in 2026, India is focusing on strengthening cooperation among micro, small and medium enterpri

2 min read
Business

Large office deals dominate India’s real estate market

Large office transactions dominated India’s commercial real estate market in Q1 2026, driving strong sector activity overall. New Delhi India’s commercial real estate sector saw strong momentum in Q1 2026, with large office transactions accounting for about 65% of total mar

2 min read
Business

CAIT says Bengal can regain status as trade hub

New Delhi The Confederation of All India Traders (CAIT) has said West Bengal can once again emerge as a strong hub of trade, industry and employment if it adopts transparent, investor-friendly policies aligned with national economic initiatives. CAIT Secretary Praveen Khandelw

1 min read
Business

Air India reviews cost-cutting steps amid rising losses

New Delhi The Air India board, backed by the Tata Group, has discussed cost-cutting measures including possible employee furloughs and deferment of performance-linked bonuses as the airline faces mounting losses and rising operational pressures. A meeting held in Gurugram repo

1 min read
Business

Tata Trust board meetings deferred to May 16

New Delhi The board meetings of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, key shareholders of Tata Sons, have been deferred to May 16 amid ongoing legal and governance discussions. The meetings were earlier scheduled for May 8 and were expected to review board represent

1 min read
Business

Cloudflare to lay off 1,100 employees in AI shift

New Delhi Cloudflare has announced plans to cut more than 1,100 jobs worldwide as part of a major restructuring driven by the rapid adoption of artificial intelligence across its operations. The company said internal use of AI has surged by over 600% in recent months, with too

1 min read
Bengaluru

Varthur resident wins Rs 11,000 after broadband service failure

BENGALURU A resident of Varthur has been awarded compensation of Rs 11,000 after a consumer forum held a wireless broadband service provider responsible for failing to provide reliable internet connectivity. The ruling is being seen as an important reminder of consumer rights

2 min read