Business News: Economy & Markets

Adani Power improves ESG performance to 66, maintains ‘Aspiring’ rating

IANS | September 7, 2026 4:56 PM

Ahmedabad, Sep 7 (IANS) Adani Power Ltd (APL), India’s largest private thermal power producer, said on Monday its Environmental, Social and Governance (ESG) performance score improved to 66 in the latest assessment by NSE Sustainability, up from 65 previously, while retaining its position ahead of major Indian thermal, mixed-fuel and integrated energy companies.

Pakistan faces tougher scrutiny as EU reviews future GSP+ access: Report

IANS | September 7, 2026 4:30 PM

New Delhi, Sep 7 (IANS) The European Union has warned Pakistan that continued access to the lucrative GSP+ trade scheme is not guaranteed, citing concerns over compliance with international commitments as Islamabad prepares to seek entry into a stricter successor regime, according to a report.

South Africa envoy says trade with India to get booster shot at BRICS meet (IANS Interview)

IANS | September 7, 2026 4:25 PM

New Delhi, Sep 7 (IANS) The bilateral trade between India and South Africa, which is currently worth around $12.5 billion annually, is poised to get a major boost during the BRICS summit, South Africa’s High Commissioner to India, Prof. Anil Sooklal, said on Monday

Bangladesh locked in ‘US shopping spree’ despite court’s ruling against tariffs

IANS | September 7, 2026 3:51 PM

New Delhi, Sep 7 (IANS) Bangladesh has committed billions of dollars to buy US liquefied natural gas, aircraft and grain under a trade pact intended to avert American tariffs, but the country still remains locked in these deals even after US courts struck down the legal basis for tariff threats, a new report has said.

US market open to Indian space startups, investors watching: Sergio Gor

IANS | September 7, 2026 3:44 PM

New Delhi, Sep 7 (IANS) US Ambassador to India Sergio Gor on Monday said that the United States is open to Indian space startups and American investors are watching the sector as the country seeks to accelerate its Moon base programme in collaboration with India.

Air India Express flight returned to Kochi after engine oil pressure warning: Airline

IANS | September 7, 2026 2:58 PM

New Delhi, Sep 7 (IANS) An Air India Express aircraft, flying from the Cochin International Airport to Abu Dhabi, returned to the Kerala airport in line with established safety protocols after a problem was detected, the airline clarified on Monday.

Piyush Goyal floats 5-point plan to boost ecosystem to target 10 million medical value tourists

IANS | September 7, 2026 2:48 PM

New Delhi, Sep 7 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Monday outlined a five-point action plan to strengthen India’s medical value tourism ecosystem and position the country as a gateway for international health and wellness services with the highest quality standards.

India making rapid strides in defence sector self-reliance: Report

IANS | September 7, 2026 2:37 PM

New Delhi, Sep 7 (IANS) India’s locally manufactured AK-203 Sher assault rifle, which is an advanced version of Russia’s highly successful Kalashnikov rifle, represents an important milestone for the 'Make in India' initiative aimed at self-reliance in the defence sector, according to a new report.

Global foldable smartphone shipments to cross 100 million cumulative units in 2026: Report

IANS | September 7, 2026 2:25 PM

New Delhi, Sep 7 (IANS) Global foldable smartphone shipments are expected to cross 100 million cumulative units by the end of 2026 which is a major milestone for the category in its eighth year since the first commercially available foldable was launched, a report showed on Monday.

Indian visitor nights in Germany steady in Jan-June

IANS | September 7, 2026 12:41 PM

New Delhi, Sep 7 (IANS) India maintained a stable contribution to Germany's inbound tourism with Indian visitor nights up 0.1 per cent year‑on‑year and the country’s ten leading city destinations accounting for about 61 per cent of all Indian overnight stays, a statement said on Monday.