Business News: Economy & Markets

DigiLocker adds family IDs of Rajasthan, Maharashtra, Madhya Pradesh and UP, expanding access for over 37 crore citizens

IANS | June 17, 2026 3:01 PM

New Delhi, June 17 (IANS) India’s flagship digital document wallet, DigiLocker, has onboarded Family ID credentials from Rajasthan, Maharashtra, Madhya Pradesh and Uttar Pradesh, enabling more than 37 crore citizens across the four states to digitally access, store and share key household identity documents, the Ministry of Electronics & IT said on Wednesday.

India’s solar-powered agriculture model a scalable blueprint for Africa: PM Modi

IANS | June 17, 2026 2:11 PM

New Delhi, June 17 (IANS) Prime Minister Narendra Modi on Wednesday highlighted India’s growing role in advancing sustainable agriculture through clean energy, saying the country’s model of harnessing solar power for farming offers a scalable solution for Africa.

Integrated mobility, transit-oriented development key for India's urban future: Experts

IANS | June 17, 2026 1:52 PM

New Delhi, June 17 (IANS) India is undergoing one of the largest urban transitions in human history, with nearly 40 per cent of its population expected to reside in urban areas by 2036, which necessitates the rapid expansion of metro infrastructure in the country, leading experts have said.

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.

Indian-origin Cursor cofounder's net worth hits $5.5 billion after SpaceX deal

IANS | June 17, 2026 12:42 PM

New Delhi, June 17 (IANS) SpaceX has signed a merger deal for $60 billion in stock to acquire Anysphere Inc. -- the parent of AI coding platform Cursor -- a move that has made its cofounder Aman Sanger (25) worth an estimated $5.5 billion.

Women’s health and digital inclusion see sharp improvement in India: Report

IANS | June 17, 2026 11:47 AM

New Delhi, June 17 (IANS) National Family Health Survey (NFHS)‑6 results released by the Health Ministry in May showed significant gains in women’s maternal healthcare access, reproductive health and financial and digital inclusion, a report said on Wednesday.

India-Monaco ties will continue to scale new heights in years ahead: Piyush Goyal

IANS | June 17, 2026 10:41 AM

Nice/New Delhi, June 17 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday said he met Prince Albert II of Monaco and discussed expanding the India-Monaco partnership in sectors such as sustainability, the blue economy, innovation and emerging technologies.

Brent crude falls below $80 amid hopes of lasting US-Iran truce

IANS | June 17, 2026 10:27 AM

New Delhi, June 17 (IANS) Global crude oil prices declined by almost 1 per cent on Wednesday as investors and traders assessed the possibility that the Iran conflict would end and the Strait of Hormuz would reopen.

business

DigiLocker adds family IDs of Rajasthan, Maharashtra, Madhya Pradesh and UP, expanding access for over 37 crore citizens

India’s solar-powered agriculture model a scalable blueprint for Africa: PM Modi

Integrated mobility, transit-oriented development key for India's urban future: Experts

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

Indian pharmaceutical market records 12 pc growth in May: Report

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

Indian-origin Cursor cofounder's net worth hits $5.5 billion after SpaceX deal

Women’s health and digital inclusion see sharp improvement in India: Report

India-Monaco ties will continue to scale new heights in years ahead: Piyush Goyal

Brent crude falls below $80 amid hopes of lasting US-Iran truce

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