Business News: Economy & Markets

India cushioning itself with trade deals amid global shock: HSBC's Pranjul Bhandari

IANS | June 9, 2026 5:23 PM

New Delhi, June 9 (IANS) As the world economies begin to diversify in the challenging environment as part of their China+1 strategy, India, which has seen an average GDP growth between six and six-and-a-half per cent in the last 12 years, is cushioning itself by signing several trade deals with advanced economies, HSBC's Chief India Economist Pranjul Bhandari said on Tuesday.

India enters new space era as startups power deep tech push: Report

IANS | June 9, 2026 5:14 PM

New Delhi, June 9 (IANS) India’s space sector is witnessing a significant transformation as startups increasingly emerge as key players in deep tech innovation, marking a shift from a traditionally state-led model to a more collaborative state–private ecosystem, according to a report.

Public sector banks geared up to leapfrog into AI era: Salesforce’s Arundhati Bhattacharya (IANS Interview)

IANS | June 9, 2026 4:27 PM

New Delhi, June 9 (IANS) Public sector banks (PSBs) are increasingly embracing artificial intelligence (AI) and are keen to adopt next-generation technologies to improve customer service, operational efficiency and risk assessment, Arundhati Bhattacharya, President and CEO, Salesforce India and South Asia, said on Tuesday.

Solar skill vans make technology and opportunity accessible: Minister

IANS | June 9, 2026 4:20 PM

New Delhi, June 9 (IANS) Five new Solar Community Hub Skill Vans were flagged off by MoS (Independent Charge) for Skill Development and Entrepreneurship and MoS for Education, Jayant Chaudhary, on Tuesday, aimed at expanding digital access and future-ready skilling across India.

UPI-NPI linkage goes live for real-time cross border payments in Nepal

IANS | June 9, 2026 3:40 PM

New Delhi, June 9 (IANS) NPCI International Payments Limited (NIPL) -- the international arm of the National Payments Corporation of India (NPCI) -- on Tuesday announced the launch of a cross-border payment linkage between India’s Unified Payments Interface (UPI) and Nepal’s National Payments Interface (NPI), enabling real-time, low-cost and secure money transfers between the two countries.

India, Venezuela poised for stronger economic ties: Report

IANS | June 9, 2026 3:32 PM

New Delhi, June 9 (IANS) The visit of Venezuela’s Acting President Delcy Rodriguez to India from June 3-6 has opened up an opportunities for bilateral cooperation in energy, critical minerals as well as the automotive and pharma sectors between the two countries, according to a new report.

More fuel price hikes possible if oil import costs stay elevated: HSBC’s Pranjul Bhandari (IANS Interview)

IANS | June 9, 2026 3:28 PM

New Delhi, June 9 (IANS) A fair increase in fuel prices could still be on the table if global crude oil costs remain elevated and India’s import bill continues to strain oil companies, Pranjul Bhandari, Chief India Economist at HSBC said on Tuesday.

India retains world's strongest hiring outlook at 48 pc: Report

IANS | June 9, 2026 3:08 PM

New Delhi, June 9 (IANS) India has retained the strongest hiring outlook globally for the third quarter of 2026, with employers reporting a Net Employment Outlook (NEO) of 48 per cent, though companies are expected to adopt a more measured approach to recruitment amid evolving business conditions, according to a report released on Tuesday.

Govt e-marketplace helps micro, small firms get orders worth Rs 8.69 lakh crore

IANS | June 9, 2026 2:41 PM

New Delhi, June 9 (IANS) The government e-marketplace (GeM) has given a major boost to inclusivity with the registration of micro and small enterprises (MSEs) on the platform surging from 2,396 in 2016–17 to over 11.9 lakh at present, according to a statement issued by the Commerce and Industry Ministry on Tuesday.

Roadmap to energy security: How India can survive without Strait of Hormuz

IANS | June 9, 2026 1:40 PM

New Delhi, June 9 (IANS) The possibility of disruption in the Strait of Hormuz due to rising tensions in West Asia should not be viewed merely as an external crisis. It should be treated as a strategic warning. For decades, India has depended heavily on imported oil and gas moving through vulnerable maritime routes. Any prolonged disruption can affect transportation, agriculture, industry, inflation and overall economic stability.

Business

India cushioning itself with trade deals amid global shock: HSBC's Pranjul Bhandari

India enters new space era as startups power deep tech push: Report

Public sector banks geared up to leapfrog into AI era: Salesforce’s Arundhati Bhattacharya (IANS Interview)

Solar skill vans make technology and opportunity accessible: Minister

UPI-NPI linkage goes live for real-time cross border payments in Nepal

India, Venezuela poised for stronger economic ties: Report

More fuel price hikes possible if oil import costs stay elevated: HSBC’s Pranjul Bhandari (IANS Interview)

India retains world's strongest hiring outlook at 48 pc: Report

Govt e-marketplace helps micro, small firms get orders worth Rs 8.69 lakh crore

Roadmap to energy security: How India can survive without Strait of Hormuz

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