IBC helps banks recover Rs 4.32 lakh crore in bankruptcy cases: Govt

IANS | May 28, 2026 1:22 PM

New Delhi, May 28 (IANS) The Insolvency and Bankruptcy Code, 2016 has significantly strengthened India’s insolvency and credit ecosystem since its enactment, improving recovery mechanisms, boosting creditor discipline and creating a more structured resolution process for distressed entities, according to an official factsheet released on Thursday.

AI skill demand surges 178 pc across India's CDMO sector: Report

IANS | May 28, 2026 1:01 PM

New Delhi, May 28 (IANS) India’s contract development and manufacturing organisation (CDMO) sector is seeing a rapid realignment of hiring toward AI‑enabled capabilities, with AI‑linked skill demand up 178 per cent over the past two years, a report said on Thursday.

Asian shares decline as fresh US-Iran tensions weigh on sentiment

IANS | May 28, 2026 12:52 PM

New Delhi, May 28 (IANS) Asian markets traded lower on Thursday as renewed geopolitical tensions following fresh US military action against Iran weighed on investor sentiment, while oil prices rebounded 4 per cent after sharp losses in the previous session.

UK likely to oppose Sunil Mittal’s move to increase BT stake: Report

IANS | May 28, 2026 12:13 PM

New Delhi, May 28 (IANS) The British government is expected to oppose any attempt by Bharti Enterprises Chairman Sunil Bharti Mittal to increase his stake in telecom group BT, citing concerns around maintaining sovereign control over critical national infrastructure, a report has said.

TRAI extends vehicle-to-everything consultation comment deadline to June 4

IANS | May 28, 2026 11:36 AM

New Delhi, May 28 (IANS) The Telecom Regulatory Authority of India (TRAI) has extended the last date for submission of written comments and counter‑comments on its vehicle‑to‑everything (V2X) consultation paper to June 4, 2026, and June 18, 2026, respectively, an official statement has said.

US accuses Google engineer of making $1.2 million using insider data

IANS | May 28, 2026 11:06 AM

New Delhi, May 28 (IANS) US authorities have charged a Google software engineer for allegedly using confidential company information to generate approximately $1.2 million in profits via trading placed on a prediction market platform, according to the Department of Justice (DOJ).

India, Canada reaffirm $50 billion bilateral trade as Piyush Goyal concludes landmark visit

IANS | May 28, 2026 10:20 AM

Toronto/New Delhi, May 28 (IANS) With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a highly-productive and landmark three-day visit to Canada, an official statement said on Thursday.