Business News: Economy & Markets

Pakistan faces pressure for structural tax reforms ahead of Budget FY27: Report

IANS | May 10, 2026 5:26 PM

New Delhi, May 10 (IANS) As Pakistan prepares for the national budget for fiscal year 2026-27, business chambers and industry stakeholders are once again pushing for structural tax reforms, arguing that the country can no longer rely on short-term taxation measures and annual fiscal adjustments to revive economic growth and investor confidence, a report has said.

China's supply chain dominance likely to be hit by tech leap in West

IANS | May 10, 2026 5:02 PM

New Delhi, May 10 (IANS) China is currently leveraging its driven by its dominance in critical minerals inputs required for the production in sectors such as New Energy Vehicles (NEV) to gain a geopolitical advantage through its capability to disrupt global supply chains.

Veg, non-veg thali costs rise in April as tomato, LPG prices spike: Crisil

IANS | May 10, 2026 4:45 PM

New Delhi, May 10 (IANS) The cost of preparing both vegetarian and non-vegetarian thalis at home increased 2 per cent year-on-year in April, mainly due to a sharp rise in tomato prices and higher cooking fuel costs, according to the latest Roti Rice Rate (RRR) report released by Crisil Intelligence.

India, South Africa cement scientific ties with focus on astronomy

IANS | May 10, 2026 2:39 PM

New Delhi, May 10 (IANS) India's High Commissioner to South Africa, Prabhat Kumar, formally handed over a banner of India’s Inter-University Centre for Astronomy and Astrophysics (IUCAA) to the South African Astronomical Observatory (SAAO) during a ceremony at the Royal Observatory in Cape Town to mark further strengthening of the long-standing scientific collaboration between the two countries, according to media reports

Market valuation of 4 of top 10 firms falls over Rs 1 lakh crore last week

IANS | May 10, 2026 1:13 PM

Mumbai, May 10 (IANS) Amid a range-bound trend in equities, the combined market valuation of four of the top-10 most valued firms eroded by more than Rs 1 lakh crore last week, with State Bank of India emerging as the biggest laggard.

Low nuclear penetration in India creates scope for major expansion amid govt efforts

IANS | May 10, 2026 11:05 AM

New Delhi, May 10 (IANS) India’s nuclear capacity (8.2GW) accounts for a small share of India’s electricity at around 2 per cent of installed capacity and around 3 per cent of generation and according to Morgan Stanley, nuclear is a strategic complement to renewables in the country, offering firm, low-carbon base-load power without exposure to fossil fuel price volatility.

DRDO achieves key breakthrough towards hypersonic missile development

IANS | May 10, 2026 9:10 AM

New Delhi, May 10 (IANS) India has achieved a path-breaking milestone in the development of hypersonic missiles by successfully conducting an extensive long-duration test of its Actively Cooled Full Scale Scramjet Combustor.

'Strengthen SMEs ecosystem, boost farming sector' : EAM Jaishankar as India hands over agro facility in Trinidad & Tobago

IANS | May 10, 2026 12:05 AM

Port of Spain, May 10 (IANS) External Affairs Minister (EAM) S. Jaishankar has jointly handed over an agro-processing facility in Trinidad and Tobago along with the Caribbean nation's Prime Minister Kamla Persad-Bissessar.

Beneficiaries say govt stands with poor during difficult times through PMSBY

IANS | May 9, 2026 10:17 PM

Balrampur (Chhattisgarh), May 9 (IANS) Completing 11 years since their launch on May 9, 2015, the Central government’s flagship social security initiatives — Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) — are continuing to provide crucial financial support to poor and middle-class families across the country.

Affordable insurance, stronger families: PMSBY wins hearts in MP’s Burhanpur

IANS | May 9, 2026 9:33 PM

Burhanpur (Madhya Pradesh), May 9 (IANS) The Central government’s flagship social security initiative, Pradhan Mantri Suraksha Bima Yojana (PMSBY), is continuing to provide financial protection and relief to common citizens across the country. People have drawn immense benefit from this scheme in Madhya Pradesh’s Burhanpur.

BUSINESS

Pakistan faces pressure for structural tax reforms ahead of Budget FY27: Report

China's supply chain dominance likely to be hit by tech leap in West

Veg, non-veg thali costs rise in April as tomato, LPG prices spike: Crisil

India, South Africa cement scientific ties with focus on astronomy

Market valuation of 4 of top 10 firms falls over Rs 1 lakh crore last week

Low nuclear penetration in India creates scope for major expansion amid govt efforts

DRDO achieves key breakthrough towards hypersonic missile development

'Strengthen SMEs ecosystem, boost farming sector' : EAM Jaishankar as India hands over agro facility in Trinidad & Tobago

Beneficiaries say govt stands with poor during difficult times through PMSBY

Affordable insurance, stronger families: PMSBY wins hearts in MP’s Burhanpur

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