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).
New Delhi, May 20 (IANS) The government launched the Bharat Tex 2026 Event App on Wednesday to boost AI-driven networking and business matchmaking at India’s flagship global textile event, according to an official statement.
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.
New Delhi, May 20 (IANS) India’s retail lending portfolio expanded to Rs 170.2 lakh crore as of March 2026, marking 16.6 per cent year‑on‑year growth and a 4.6 per cent quarter‑on‑quarter increase, a report said on Wednesday.
New Delhi, May 20 (IANS) Union Civil Aviation Minister Kinjarapu Rammohan Naidu on Wednesday said India needs to remain vigilant amid the worsening geopolitical situation in West Asia, while asserting that the current developments are “not worrisome for India at present”.
New Delhi, May 20 (IANS) State-run Bharat Petroleum Corporation Limited (BPCL) has increased its intake of Russian crude oil to around 41 per cent amid ongoing supply disruptions from the West Asia conflict, a senior company official said on Wednesday.
New Delhi, May 20 (IANS) The United States Department of Justice has indicted seven Chinese executives and four of the world’s largest shipping container manufacturing companies for allegedly conspiring to restrict output and fix prices of standard shipping containers during the Covid-19 pandemic, a move authorities said inflated global prices and disrupted supply chains.
New Delhi, May 20 (IANS) South Korean President Lee Jae Myung’s recent visit to India resulted in further deepening of economic relations between the two countries, but there is a need for Seoul to seize the opportunity to build a broader strategic partnership with India, which would help mitigate its acute vulnerabilities in maritime security, supply chains, and technological resilience, according to an article in The Korea Times.
New Delhi, May 20 (IANS) The growing green strategic partnership between India and Norway offers a practical and scalable model for global climate cooperation, former Norwegian minister for climate and environment Erik Solheim said on Wednesday.
New Delhi, May 20 (IANS) India’s two-wheeler industry expected to witness wholesale volume growth of up to 5 per cent year-on-year in FY2027, supported by GST rationalisation and improving replacement demand, according to a report released on Wednesday.
