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US Navy’s blockade of Iran hits China’s cheap oil deals: Report

IANS | May 1, 2026 3:10 PM

New Delhi, May 1 (IANS) The US Navy's blockade of Iran has built economic pressure on Tehran that continues even though the ceasefire has led to a temporary pause in fighting, according to a new report.

Vishvajit Sahay takes charge as Secretary, Defence Finance; Bharat Khera as Secretary in MSME Ministry

IANS | May 1, 2026 3:00 PM

New Delhi, May 1 (IANS) Vishvajit Sahay, a 1990 batch officer of the Indian Defence Accounts Service (IDAS), assumed the charge as Secretary (Defence Finance) in the Ministry of Defence, an official statement said on Friday.

India’s organised live events sector to grow at 10 pc to Rs 196 billion by 2028

IANS | May 1, 2026 2:51 PM

New Delhi, May 1 (IANS) India’s organised live events sector, valued at Rs 145 billion in 2025 as per industry estimates, has emerged as the highest growth segment in the media and entertainment sector and is projected to grow at 10 per cent to Rs 196 billion by 2028, the government said on Friday.

India, African Development Bank deepen cooperation ahead of 4th India-Africa Forum Summit

IANS | May 1, 2026 2:48 PM

New Delhi, May 1 (IANS) India and the African Development Bank Group are expanding cooperation across digital infrastructure, industrial development and finance as preparations gather momentum for the upcoming India-Africa Forum Summit 2026.

Labour Day: Women workforce participation, social protection coverage in India improves significantly

IANS | May 1, 2026 2:41 PM

New Delhi, May 1 (IANS) India has expanded social protection coverage from about 19 per cent in 2015 to over 64 per cent in 2025, female labour force participation rose from 23.3 per cent in 2017–18 to 40 per cent in 2025, and women are increasingly stepping into leadership roles, the government said on Friday on the occasion of International Labour Day.

Adani Group's new 3-layer model to cut decision time from days to hours: Gautam Adani

IANS | May 1, 2026 2:05 PM

Ahmedabad, May 1 (IANS) Adani Group Chairman Gautam Adani on Friday said the Adani Group will adopt a three-layer organisational model to speed up decision-making and boost execution across its businesses.

Adani Group to add Rs 2 lakh crore worth new assets this year: Gautam Adani

IANS | May 1, 2026 1:45 PM

New Delhi, May 1 (IANS) Adani Group Chairman Gautam Adani said on Friday that the Group would add another Rs 2 lakh crore in new assets within this year as part of the accelerated growth that is taking place across its businesses.

Samsung Biologics union launches 1st general strike over pay dispute

IANS | May 1, 2026 1:38 PM

Seoul, May 1 (IANS) Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, began a five-day general strike on Friday, demanding higher wages and expanded performance-based compensation.

India-UAE CEPA delivering strong trade growth, new opportunities for businesses: Piyush Goyal

IANS | May 1, 2026 1:36 PM

New Delhi, May 1 (IANS) The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is driving robust trade expansion and opening new avenues for Indian businesses, Union Minister Piyush Goyal said on Friday.

Gautam Adani outlines Group’s growth strategy with focus on local jobs, better lives with dignity

IANS | May 1, 2026 12:24 PM

Ahmedabad, May 1 (IANS) Gautam Adani, Chairman of the Adani Group, on Friday outlined a growth strategy centred on worker welfare, local employment and entrepreneurship, as the conglomerate accelerates capital expenditure (capex) backed by strong liquidity.

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