India’s industrial growth accelerates to 5.1 per cent in May

IANS | June 29, 2026 5:06 PM

New Delhi, June 28 (IANS) India's industrial production clocked a 5.1 per cent growth in May this year compared to the same month of the previous year on the back of a strong growth in the manufacturing sector and a surge in the electricity & gas supply sector during the month, according to the new series data released by the Ministry of Statistics on Monday.

Govt invites proposals to reduce import dependence in medical devices

IANS | June 29, 2026 4:29 PM

New Delhi, June 29 (IANS) The Department of Pharmaceuticals has invited applications under the Scheme for Strengthening of Medical Device Industry (SMDI) to promote domestic manufacturing, reduce import dependence, support innovation and increase the depth of value chains in the medical devices sector, an official statement said on Monday.

BPCL to acquire 40 pc stake in Tiki Tar and Shell India for Rs 85 crore

IANS | June 29, 2026 3:56 PM

New Delhi, June 29 (IANS) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday announced that it will acquire a 40 per cent stake in Tiki Tar and Shell India Pvt Ltd (TTSIPL) for Rs 85 crore to strengthen its presence in the rapidly growing value-added bitumen (VAB) market.