Business News: Economy & Markets

Bangladesh’s trade pact with US faces criticism in Dhaka for being one-sided: Report

IANS | May 6, 2026 3:49 PM

New Delhi, May 6 (IANS) The bilateral trade agreement signed by Bangladesh with the Donald Trump administration has come in for a lot of media criticism in Dhaka for being one-sided, as it gives the US a huge advantage while imposing too many restrictions on the South Asian country. In fact, many politicians and economists are demanding that the agreement be scrapped, according to a new report.

Shenzhen’s economic slowdown raises questions over China’s growth model

IANS | May 6, 2026 3:27 PM

New Delhi, May 6 (IANS) Shenzhen, long celebrated as the crown jewel of China’s economic transformation, is facing a sharp and unsettling slowdown, raising serious questions about the durability of the country’s growth model under the Chinese Communist Party (CCP), a report has said.

Workers can do more with AI than organisations' support: Report

IANS | May 6, 2026 3:27 PM

New Delhi, May 6 (IANS) Organisations are failing to keep pace with workers using artificial intelligence to expand the scope of their work, creating a widening gap between AI-enabled capabilities and organisational structures, a report has said.

Govt to host Ayushman Bharat PM-JAY hackathon finale in Bengaluru

IANS | May 6, 2026 3:09 PM

New Delhi, May 6 (IANS) The government will host the grand finale and showcase of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) Auto-Adjudication Hackathon in Bengaluru on May 8-9, aimed at leveraging artificial intelligence to strengthen health claims processing, the Ministry of Health and Family Welfare said on Wednesday.

US-India partnership can rev up pace of AI adoption

IANS | May 6, 2026 2:30 PM

New Delhi, May 6 (IANS) India has the potential to give the US a further edge in the race for AI adoption, with American tech giants such as Google, Microsoft and Amazon already committing billions of dollars in investments to build AI hubs across India, according to an article in Arab News.

India's services PMI at 5-month high of 58.8 in April

IANS | May 6, 2026 2:30 PM

New Delhi, May 6 (IANS) India’s services sector activity strengthened in April, with the Purchasing Managers' Index (PMI) rising to a five-month high of 58.8, because of robust domestic demand and increased business activity, the HSBC India Services PMI data showed on Wednesday.

India’s real estate sentiment enters cautious phase over global volatility, office market strong

IANS | May 6, 2026 2:10 PM

New Delhi, May 6 (IANS) Stakeholder sentiment in India’s real estate sector entered into a cautious phase in Q1 2026 over global macroeconomic volatility, a report said on Wednesday.

Global value chains boost growth, create jobs, cut poverty across Asia-Pacific: ADB

IANS | May 6, 2026 1:45 PM

New Delhi, May 6 (IANS) Geopolitical tensions, supply chain disruptions and rapid technological changes are reshaping how economies participate in global value chains, the Asian Development Bank (ADB) said on Wednesday.

India’s steel sector sustains growth momentum in April: Govt

IANS | May 6, 2026 1:32 PM

New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.

India-EU launch Rs 169 crore EV battery recycling drive, proposals open till Sept 15

IANS | May 6, 2026 1:31 PM

New Delhi, May 6 (IANS) India and the European Union have deepened their clean energy partnership with the launch of a third coordinated call for proposals on recycling electric vehicle (EV) batteries, under the India-EU Trade and Technology Council (TTC).

Business

Bangladesh’s trade pact with US faces criticism in Dhaka for being one-sided: Report

Shenzhen’s economic slowdown raises questions over China’s growth model

Workers can do more with AI than organisations' support: Report

Govt to host Ayushman Bharat PM-JAY hackathon finale in Bengaluru

US-India partnership can rev up pace of AI adoption

India's services PMI at 5-month high of 58.8 in April

India’s real estate sentiment enters cautious phase over global volatility, office market strong

Global value chains boost growth, create jobs, cut poverty across Asia-Pacific: ADB

India’s steel sector sustains growth momentum in April: Govt

India-EU launch Rs 169 crore EV battery recycling drive, proposals open till Sept 15

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