Business News: Economy & Markets

Black Box completes acquisition of 2S Inovações Tecnológicas S.A.

IANS | May 13, 2026 3:32 PM

Mumbai, May 13 (IANS) Black Box Limited (BSE: 500463 | NSE: BBOX), the technology arm of Essar and a leading global provider of digital infrastructure solutions, today announced the successful completion of its acquisition of 2S Inovações Tecnológicas S.A., a leading Brazil-based provider of digital infrastructure, data center networking, cloud, cybersecurity, and managed technology solutions.

Bharat Innovates 2026 presents huge opportunity for Kuwait to partner with India: Envoy

IANS | May 13, 2026 3:25 PM

New Delhi, May 13 (IANS) Bharat Innovates 2026 is a huge opportunity for Kuwait to partner with India’s maturing deep‑tech sector, Paramita Tripathi, India’s Ambassador to Kuwait, wrote in an opinion piece in Times Kuwait.

IndiaAI Mission, NHA felicitate winners of AI hackathon to boost claims processing under Ayushman Bharat

IANS | May 13, 2026 3:22 PM

New Delhi, May 13 (IANS) The government on Wednesday felicitated winners of the AB PM-JAY Auto-Adjudication Hackathon Showcase 2026, aimed at developing AI-driven solutions to improve claims adjudication, transparency and fraud detection in public health insurance.

AI-led models likely to unlock up to $170 bn credit gap in India

IANS | May 13, 2026 2:36 PM

New Delhi, May 13 (IANS) AI‑driven credit models could unlock an estimated credit gap worth $130–170 billion in economic value and reduce MSMEs’ reliance on informal lending, the government said on Wednesday, adding that India’s financial‑inclusion push is being reshaped by the convergence of a strong Digital Public Infrastructure and artificial intelligence.

Australia hikes budget outlay to boost ties with India to $25.3 million

IANS | May 13, 2026 2:26 PM

New Delhi, May 13 (IANS) The Australian government will commit $25.3 million in the 2026-27 budget to strengthen bilateral economic, strategic and maritime relations with India amid the drastic change in the global geopolitical landscape following Donald Trump taking over as President of the United States.

RBI chief says fuel prices may go up if Iran war continues

IANS | May 13, 2026 2:08 PM

New Delhi, May 13 (IANS) RBI Governor Sanjay Malhotra said that if the Middle East conflict continues, India may be forced to raise petrol and diesel prices due to the soaring cost of crude oil in the global market.

From India, for the world: Uber to launch 1st data centre in India with Adani Group

IANS | May 13, 2026 2:04 PM

Ahmedabad, May 13 (IANS) Ride-hailing major Uber is setting up its first data centre in India in partnership with the Adani Group as the country rapidly emerges as a major innovation hub for the company, Uber CEO Dara Khosrowshahi said on Wednesday.

India records 220 deals worth $22.8 billion in April amid geopolitical tensions: Report

IANS | May 13, 2026 1:34 PM

New Delhi, May 13 (IANS) India recorded 220 deals worth $22.8 billion in April 2026 because of a substantial surge in outbound mergers and acquisitions (M&A) activity despite ongoing global macroeconomic and geopolitical uncertainties, a report showed on Wednesday.

India's merchandise exports seen at nearly $112 billion in Q1 FY27: Report

IANS | May 13, 2026 12:54 PM

New Delhi, May 13 (IANS) India’s total merchandise exports are pegged at $111.9 billion during the April-June quarter of FY27, a marginal year-on-year growth, according to a report released on Wednesday.

Retail inflation likely to average 5.1 pc in FY27: Report

IANS | May 13, 2026 12:31 PM

New Delhi, May 13 (IANS) The consumer price index inflation rose mildly to 3.48 per cent in April from 3.40 per cent in March, and CPI‑based inflation is expected to average 5.1 per cent in fiscal 2027, a report said on Wednesday.

business

Black Box completes acquisition of 2S Inovações Tecnológicas S.A.

Bharat Innovates 2026 presents huge opportunity for Kuwait to partner with India: Envoy

IndiaAI Mission, NHA felicitate winners of AI hackathon to boost claims processing under Ayushman Bharat

AI-led models likely to unlock up to $170 bn credit gap in India

Australia hikes budget outlay to boost ties with India to $25.3 million

RBI chief says fuel prices may go up if Iran war continues

From India, for the world: Uber to launch 1st data centre in India with Adani Group

India records 220 deals worth $22.8 billion in April amid geopolitical tensions: Report

India's merchandise exports seen at nearly $112 billion in Q1 FY27: Report

Retail inflation likely to average 5.1 pc in FY27: Report

LATEST NEWS

Chess Olympiad: Gukesh misses his chance as India drew with Azerbaijan; Savitha Shri wins seventh game

Virender Sehwag reveals his personal favourite innings, and it's not Multan 2004

India reaffirms centrality of national ownership in peacebuilding at UNGA meeting

Gujarat Police honours over 30 retired senior officers at 'Salute Our Mentors' programme

Asian Games: Abuduaini ends China's 24-year wait for men's discus gold

Gujarat: Feeder bus services in Ahmedabad improve connectivity, curtail travel time

India reaffirms resolve to enhance Comprehensive Strategic Partnership with Uzbekistan

Asian Games: ‘I am so proud to represent India,' says Manu after mixed relay silver

Asian Games: Vithya dedicates mixed relay silver to twin sister, says ‘I tried to change my medal colour’

India reaffirms support for Two-State solution at UNGA side meeting