US-India partnership can rev up pace of AI adoption

IANS | May 6, 2026 2:30 PM

New Delhi, May 6 (IANS) India has the potential to give the US a further edge in the race for AI adoption, with American tech giants such as Google, Microsoft and Amazon already committing billions of dollars in investments to build AI hubs across India, according to an article in Arab News.

India's services PMI at 5-month high of 58.8 in April

IANS | May 6, 2026 2:30 PM

New Delhi, May 6 (IANS) India’s services sector activity strengthened in April, with the Purchasing Managers' Index (PMI) rising to a five-month high of 58.8, because of robust domestic demand and increased business activity, the HSBC India Services PMI data showed on Wednesday.

India’s steel sector sustains growth momentum in April: Govt

IANS | May 6, 2026 1:32 PM

New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.

Indian companies plan to invest over $20.5 billion in US: Sergio Gor

IANS | May 6, 2026 10:34 AM

New Delhi, May 6 (IANS) Indian companies have lined up investments worth over $20.5 billion across sectors such as technology, manufacturing and pharmaceuticals in the United States, US Ambassador to India, Sergio Gor, said on Wednesday, describing the momentum as a direct outcome of President Donald Trump's economic leadership.