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BUSINESS

Bangladesh falls in press freedom index amid economic concerns: Report

IANS | May 7, 2026 1:04 PM

New Delhi, May 7 (IANS) Bangladesh slipped three places to 152nd out of 180 countries in the 2026 World Press Freedom Index, with renewed repression of the media following the fall of the Sheikh Hasina regime likely to have economic consequences, a report has said.

Skyroot Aerospace becomes India’s first space-tech unicorn, raises $60 million

IANS | May 7, 2026 12:40 PM

New Delhi, May 7 (IANS) Hyderabad-based private space launch startup Skyroot Aerospace on Thursday said it has raised $60 million in a fresh funding round led by existing investors Sherpalo Ventures and Singapore’s sovereign wealth fund GIC, becoming India’s first space-tech unicorn.

Operation Sindoor deepens Pakistan’s economic stress: Report

IANS | May 7, 2026 12:01 PM

New Delhi, May 7 (IANS) Operation Sindoor deepened Pakistan’s economic stress in 2026, with investor sentiment, tourism, the aviation sector and exports emerging as major casualties of the military initiative, a report has said.

Mphasis moves US court against Coforge over executive hiring, data misuse claims

IANS | May 7, 2026 11:54 AM

New Delhi, May 7 (IANS) IT services provider Mphasis has approached a US court alleging that rival Coforge violated contractual obligations by hiring its former senior executives and gaining access to sensitive client-related information, according to multiple reports.

PM’s Employment Generation Programme generates 36.33 lakh opportunities, empower women

IANS | May 7, 2026 11:41 AM

New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.

Gold and silver surge up to 1 pc amid geopolitical uncertainty

IANS | May 7, 2026 11:10 AM

New Delhi, May 7 (IANS) Gold and silver prices traded higher on Thursday, with prices rising by up to 1 per cent amid a rise in crude oil prices and uncertainty surrounding the US-Iran peace deal.

Zoho’s Sridhar Vembu seeks President rule, fresh elections in Tamil Nadu

IANS | May 7, 2026 10:33 AM

New Delhi, May 7 (IANS) Zoho co-founder and Chief Scientist Sridhar Vembu on Thursday called for the imposition of President’s Rule and fresh elections in Tamil Nadu, saying the current political situation in the state appears unstable.

Apple to invest Rs 100 crore in India’s renewable energy infrastructure

IANS | May 7, 2026 10:05 AM

New Delhi, May 7 (IANS) US tech giant Apple has announced an investment of Rs 100 crore to support the development of renewable energy infrastructure in India as part of its broader sustainability and carbon neutrality goals.

Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment

IANS | May 7, 2026 9:39 AM

Mumbai, May 7 (IANS) The Indian equity markets traded higher on Thursday in morning trade amid hopes of the US-Iran peace deal.

Incubators are key pillar of successful startup ecosystem: NITI Aayog

IANS | May 7, 2026 9:20 AM

New Delhi, May 7 (IANS) Incubators are one of the key pillars of a successful startup ecosystem, playing a vital role in nurturing and scaling innovative ideas, said Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Aayog.

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