Business News: Economy & Markets

Madhya Pradesh gets Rs 3,818cr package under PMGSY and PMAY-G schemes

IANS | May 10, 2026 11:11 PM

New Delhi, May 10 (IANS) Union Minister for Agriculture and Farmers Welfare and Rural Development Shivraj Singh Chouhan on Sunday announced approvals worth Rs 3,818 crore for Madhya Pradesh under the Centre’s flagship Pradhan Mantri Gram Sadak Yojana (PMGSY) and Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) schemes for the development of rural roads and housing for the poor.

PM Modi unveils major projects for T'gana in economic package worth Rs 9,400cr (Ld)

IANS | May 10, 2026 10:04 PM

New Delhi, May 10 (IANS) Prime Minister Narendra Modi on Sunday laid the foundation stone, inaugurated and dedicated to the nation multiple development projects worth around Rs 9,400 crore for Telangana aimed at creating large scale employment and better connectivity in the state.

India ranks 3rd globally on installed renewable energy capacity, time to boost upstream segments

IANS | May 10, 2026 8:22 PM

New Delhi, May 10 (IANS) India now ranks third globally on installed renewable energy capacity and the effectiveness of the renewable transition in improving macro resilience will depend on the success of industrial policy in localising upstream segments like solar cells over time, according to a new report.

Confirmed vessel strike may reshape Seoul's stance on joining US-led Hormuz mission

IANS | May 10, 2026 8:10 PM

Seoul, May 10 (IANS) The confirmed strike by unidentified objects on a South Korean-operated cargo vessel in the Strait of Hormuz is expected to give Seoul grounds to consider joining U.S.-led missions aimed at safeguarding freedom of navigation in the strait, experts said on Sunday.

PM Gati-Shakti reforms make Madhya Pradesh a strong investment hub: Pranav Adani

IANS | May 10, 2026 7:29 PM

Guna, May 10 (IANS) Highlighting Madhya Pradesh's emergence as a major industrial destination, Adani Enterprises Director Pranav Adani said on Sunday that improvements in logistics, industrial infrastructure and transportation facilities under Prime Minister Narendra Modi's PM Gati-Shakti vision have created a strong ecosystem for investments in the state.

Adani Group to create 120,000 new jobs in Madhya Pradesh: Pranav Adani

IANS | May 10, 2026 6:43 PM

Guna (Madhya Pradesh), May 10 (IANS) Adani Enterprises Director Pranav Adani said on Sunday that the Adani Group is poised to create 120,000 new jobs In Madhya Pradesh by 2030 across various sectors ranging from cement and mining to power.

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

Business

Madhya Pradesh gets Rs 3,818cr package under PMGSY and PMAY-G schemes

PM Modi unveils major projects for T'gana in economic package worth Rs 9,400cr (Ld)

India ranks 3rd globally on installed renewable energy capacity, time to boost upstream segments

Confirmed vessel strike may reshape Seoul's stance on joining US-led Hormuz mission

PM Gati-Shakti reforms make Madhya Pradesh a strong investment hub: Pranav Adani

Adani Group to create 120,000 new jobs in Madhya Pradesh: Pranav Adani

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

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