India’s capital goods industry set to see double-digit growth this fiscal

IANS | May 22, 2026 3:21 PM

New Delhi, May 22 (IANS) India’s capital goods industry is projected to see a revenue growth of 12-14 per cent this fiscal, buoyed by sustained government spending, steady capacity expansion in power, mining, oil and gas, metal and auto-linked sectors, and increasing opportunities from emerging segments such as data centres and electric vehicle (EV) infrastructure, a report showed on Friday.

Europe fails to act as cheap Chinese goods hit local industries: Report

IANS | May 22, 2026 2:28 PM

New Delhi, May 22 (IANS) Europe is among the most exposed to the China shock as it faces a price war, a massive surge of cheap Chinese goods imports and de-industrialisation, but they are not taking the necessary actions against these threats because of fears of retaliation and coercion from Beijing, according to an article published by the European Council on Foreign Relations (ECFR).

India’s organised gold jewellery retail sector to achieve 20-25 pc revenue growth this fiscal: Report

IANS | May 22, 2026 1:51 PM

New Delhi, May 22 (IANS) The Indian organised gold jewellery retail sector, comprising jewellery, coins and bars, is poised to achieve a robust revenue growth of 20-25 per cent year-on-year this fiscal (FY27), driven by higher realisations, despite the expected decline in volume due to high prices of gold and recent policy measures to curb imports of the metal, a new report showed on Friday.