Business

European Union Ambassador Herve Delphin on Friday said the India-EU partnership has reached a “totally new level” in both strategic and qualitative terms, describing the relationship as “limitless, ambitious and progressive”, PTI reported. Addressing the Europe Day celebrations in the national capital, Delphin said the India-EU partnership is becoming increasingly significant for the 21st century,…

Ashok Kumar Panda on Saturday assumed charge as chairman and managing director of state-owned Steel Authority of India Limited (SAIL), succeeding Amarendu Prakash whose tenure ended on April 1, 2026, PTI reported.Before taking over as CMD, Panda was serving as Director (Finance) at SAIL, according to a company statement.Panda joined SAIL in 1992 as a…

Gujarat has initiated battery energy storage systems with a total capacity of 870 MW at five locations across the state to strengthen grid stability and support the growing integration of renewable energy, PTI reported citing officials on Saturday.Battery Energy Storage Systems (BESS) are used to store electricity generated from solar and other renewable sources and…

China’s rare earth exports were valued at $64.2 million in April 2026, according to preliminary trade data released by the General Administration of Customs of the People’s Republic of China (GACC), ANI reported.The customs data showed that China exported 5,308.6 tonnes of rare earths during the month.China’s overall exports rose 12 per cent month-on-month in…

In a fresh regulatory challenge for French liquor major Pernod Ricard in India, the Competition Commission of India (CCI) has ordered a detailed antitrust investigation into allegations that the company entered into exclusive arrangements with retailers in New Delhi to promote its brands at the expense of rival firms, according to a Reuters report.The Competition…

Mumbai: Niva Bupa Health Insurance reported an 89.3% rise in Q4FY26 net profit under IFRS accounting standards, Rs 157.8 crore from Rs 83.4 crore a year earlier, while gross written premium grew 30.4% to Rs 3,123.4 crore.The improvement was aided by lower operating costs, higher investment income, stronger retail health premium growth and improving underwriting…

More than a decade after the launch of the Centre’s flagship Jan Suraksha programmes, claims amounting to nearly Rs 25,160 crore have been paid out under two major insurance schemes, with enrolments include several crores across life cover, accident insurance and pension initiatives. Finance minister Nirmala Sitharaman, marking 11 years of the Jan Suraksha schemes…

Mumbai : Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market is targeting a listing sometime by July,…

NEW DELHI: In a morale booster for employees, lossmaking Air India on Friday said it does not anticipate any layoffs even as the airline has been battling a series of black swan events for a year now. However, annual increments “will be deferred by at least one quarter in light of the uncertain economic environment”….

Foreign investors are steadily cutting their share in Indian equities, while domestic investors are stepping in stronger than ever, reshaping the ownership pattern of the stock market, according to JM Financial’s Fundamental Research report.FII ownership in Indian equities dropped to 14.7% in April 2026 from 19.9% in April 2016, hitting its lowest level since June…