India’s 1st-ever sea shipment of value-added millet heads for New Zealand

IANS | June 4, 2026 5:45 PM

New Delhi, June 4 (IANS) In a significant boost to India's food exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the dispatching of first-ever sea shipment of ready-to-cook millet foods from Karnataka to New Zealand, according to an official statement issued on Thursday.

India-Middle East-Europe Economic Corridor seen as path to prosperous future

IANS | June 4, 2026 3:37 PM

New Delhi, June 4 (IANS) The India-Middle East-Europe Economic Corridor (IMEC), a proposed multinational infrastructure initiative aimed at upgrading connectivity between the three regions through integrated trade, energy, and digital networks, is envisioned partially as a counterweight to China’s international infrastructure project, the Belt and Road Initiative (BRI), according to an article.

Ola Consumer valuation collapses to $70 million after Vanguard markdown

IANS | June 4, 2026 1:38 PM

New Delhi, June 4 (IANS) Ola Consumer (formerly known as Ola Cabs) has suffered a sharp valuation cut after funds managed by US investment giant Vanguard Group reduced the fair value of its parent company -- ANI Technologies -- to just $70 million, as per multiple reports.

Another 3 FTAs to come into effect in next 6 months: Piyush Goyal

IANS | June 4, 2026 1:29 PM

Mumbai, June 4 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday India is actively expanding its global trade network, with the Oman free trade agreement (FTA) coming into effect from June 1, and another two to three more significant FTAs are scheduled to become operational in the next six months.

India Inc posts 14 pc PAT growth despite energy shock: Report

IANS | June 4, 2026 12:31 PM

New Delhi, June 4 (IANS) Despite energy market volatility, Indian corporates closed FY26 on a resilient note, as BSE 500 companies posted an aggregate profit after tax (PAT) growth of almost 14 per cent year-on-year in Q4FY26, largely in line with the previous quarter's performance, a report said on Thursday.