India has scope to grow exports as supply chains are changing: Report

IANS | May 22, 2025 2:49 PM

New Delhi, May 22 (IANS) An opportunity to grow exports is knocking on India’s door as supply chains are getting redrawn and steps which raise mid-tech labour-intensive exports can boost the country’s trade interlinkages, mass consumption, investment, and GDP growth, according to an HSBC report released on Thursday.

Uber faces heat over 'advance tip' feature, govt steps in

IANS | May 22, 2025 2:02 PM

New Delhi, May 22 (IANS) Uber’s new 'Advance tip' feature has sparked a massive backlash on social media, with users accusing the ride-hailing company of forcing them to pay extra money just to get their rides accepted faster.

NSE IPO issues to be resolved soon and we will move forward: SEBI Chief

IANS | May 22, 2025 2:00 PM

New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, on Thursday said that the pending issues surrounding the National Stock Exchange (NSE) initial public offering (IPO) will be resolved soon, and the regulator will move forward with the process.

Probing possible violations in IndusInd Bank case: SEBI Chairman

IANS | May 22, 2025 1:44 PM

New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday.

Corporate investments surge to Rs 28.50 lakh crore in FY25

IANS | May 22, 2025 12:02 PM

New Delhi, May 22 (IANS) There has been a steady increase in corporate investments during 2024-25, with core infrastructure industries playing a lead role in the growth, according to a report compiled by the Bank of Baroda’s economic research department.

Govt rolls out SPICED scheme to boost spice exports

IANS | May 22, 2025 11:23 AM

Kochi, May 22 (IANS) The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance is offered across the value chain to farmers and Farmer Producer Organisations (FPOs) to enhance the production, quality and export of spices.

Business activity in India surges to 13-month high in May: HSBC Composite PMI

IANS | May 22, 2025 11:19 AM

New Delhi, May 22 (IANS) The HSBC Flash India Composite Output Index – which measures the month-on-month change in the combined output of India's manufacturing and service sectors – on Thursday reported robust business activity in May in the country, climbing to a 13-month high of 61.2, compared with 59.7 in the previous month.