New Delhi, May 5 (IANS) Reflecting strong economic activity and credit demand. scheduled commercial banks (SCBs) registered robust credit growth of 15.9 per cent in FY 2025-26, the government said on Tuesday.
New Delhi, May 5 (IANS) India's smartphone market reached its weakest quarterly performance in recent years, with shipments declining 2 per cent (year-on-year) in Q1 2026, driven by a sharp rise in DRAM and NAND flash prices, which pushed up device costs and forced brands to increase pricing — leading price-sensitive consumers to defer upgrades.
Mumbai, May 5 (IANS) Shares of Voltamp Transformers Limited plunged 20 per cent on Tuesday, hitting the lower circuit after the company reported a sharp decline in earnings for the March 2026 quarter.
New Delhi, May 5 (IANS) African nations which possess over 30 per cent of global reserves of critical minerals such as copper, lithium, nickel and graphite are increasingly looking for partnerships with other countries that are not merely focused on extraction but also allow for technology transfer, local value addition, workforce development and environmental accountability, according to an article in One World Outlook.
New Delhi, May 5 (IANS) The third Joint Committee Meeting (JCM) on Healthcare between India and Japan was held here on Tuesday, with both sides committing to deepen cooperation for stronger healthcare systems, resilient medical supply chains and enhanced collaboration in digital health, medical innovation and workforce development.
New Delhi, May 5 (IANS) The India visit of Vietnam President To Lam is expected to inject fresh momentum into bilateral ties, as India and Vietnam look to deepen cooperation and shape a new framework for growth under their Comprehensive Strategic Partnership, a report has said.
New Delhi, May 5 (IANS) While the closure of the Strait of Hormuz amid the US-Israel war on Iran has disrupted supply chains of fuel-importing countries, it has also opened up new opportunities for countries like Nigeria to step up exports of petroleum product from its coastal refinery that has been built with Indian and Chinese assistance, according to a new report.
New Delhi, May 5 (IANS) India’s banking, financial services and insurance (BFSI) sector remains largely stable despite global economic uncertainty, while segments such as hospitality, aviation and logistics are more directly impacted by external shocks, Deepak Parekh, former Chairman of HDFC Ltd (which merged into HDFC Bank Ltd), said on Tuesday.
Mumbai, May 5 (IANS) West Bengal holds significant untapped potential for industrial investment and the time is ripe for change, Vir S Advani, Chairman of the Confederation of Indian Industry (CII) Western Region and CMD of Blue Star Limited said on Tuesday.
New Delhi, May 5 (IANS) The conflict between the United States and Iran has triggered a severe energy price shock through Pakistan’s economy which is in dire straits with rising inflation, dwindling foreign exchange reserves and a fast depreciating currency.
