IOCL, BPCL, HPCL shares rally as crude oil slips below $80

IANS | June 17, 2026 1:39 PM

Mumbai, June 17 (IANS) Shares of state-run oil marketing companies (OMCs) traded higher on Wednesday as global crude oil prices extended their decline amid easing geopolitical tensions and expectations of increased Iranian oil supply.

Indian pharmaceutical market records 12 pc growth in May: Report

IANS | June 17, 2026 1:34 PM

New Delhi, June 17 (IANS) The Indian Pharmaceutical Market (IPM) posted 12.1 per cent year-on-year growth in May 2026, marking its sixth consecutive month of double-digit expansion and the most sustained high-growth run in over two years, a report said on Wednesday.

Driven by defence sector reforms, India makes mark as exporter of military hardware

IANS | June 17, 2026 1:31 PM

New Delhi, June 17 (IANS) India's defence sector has transformed radically between 2014 and 2026, with the country’s annual defence exports surging from a mere Rs 686 crore in 2013–14 to a record Rs 38,424 crore in 2025–26 as the country’s military hardware found buyers in over 80 countries, according to an official factsheet issued on Wednesday.