India’s core infra industries clock 1.7 per cent growth in April

IANS | May 20, 2026 5:38 PM

New Delhi, May 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 1.7 per cent during April this year, compared to the same month of the previous year, with cement, steel and electricity recording a positive growth, according to data released by the Commerce and Industry Ministry on Wednesday.

Ola Electric Q4 loss widens sequentially to Rs 500 crore

IANS | May 20, 2026 4:29 PM

Mumbai, May 20 (IANS) Ola Electric Mobility Limited on Wednesday reported a sequential increase in net loss for the March quarter (Q4 FY26) as the EV-maker posted a consolidated net loss of Rs 500 crore for the January-March quarter, slightly higher than the Rs 487 crore loss reported in the December quarter (Q3 FY26).

Iran losing friends due to maximalist posturing: Report

IANS | May 20, 2026 3:41 PM

New Delhi, May 20 (IANS) While diplomacy could have reduced tensions in the Persian Gulf, Iran has chosen the path of “maximalist posturing” to choke the Gulf of Hormuz, resulting in the disruption of supply chains which have caused fuel, fertiliser and food prices to soar, leading to immense economic hardship in the developing countries, according to an article in International Business Times.