Manufacturing powers industrial output growth of 5.1% NEW DELHI: Industrial production grew 5.1% in May 2026, as against 3.4% a year ago, on account of strong expansion recorded in electricity and manufacturing sectors during the month, pointing to a resilient domestic demand in the face of the West Asia conflict. Sequentially too, industrial production fared…
Pramit Jhaveri makes comeback, to join Tata-run NCPA board MUMBAI: Pramit Jhaveri is set to be back in the Tata Trusts ecosystem—but through a different door. He will be joining the board of the National Centre for the Performing Arts (NCPA) as an independent member, marking his return to one of Trusts’ most prestigious institutions….
Persistent CEO backs protocols amid Nagarro stock rally scrutiny BENGALURU: Responding to concerns over unusual trading activity in Munich-based IT firm Nagarro’s shares ahead of the deal announcement, Persistent Systems CEO Sandeep Kalra said the company followed “a very strict protocol” and tightly controlled access to the transaction. His comments came after Nagarro chief executive…
NEW DELHI: People in India’s 46 million-plus cities are earning significantly more than their counterparts in other urban areas, a new report released by NSO showed Monday. In 2025, a self-employed worker in Delhi, Bengaluru, Patna, Ahmedabad, Surat and Mumbai, among others, earned an average Rs 30,858 a month — 34% higher than their counterparts…
NEW DELHI: Reforms undertaken by India’s official statistical machinery in recent years have led to updating of macroeconomic indicators, improved data dissemination, introduction of new and user demand-based surveys, laying the foundation for a more robust, credible and future ready statistical system, principal secretary to PM PK Mishra said Monday. Addressing an event on Statistics…
MUMBAI: :Stress is emerging in the micro-borrower segment of the MSME industry, particularly for loans with ticket sizes below Rs 2 crore, even as larger enterprises remain relatively resilient amid geopolitical headwinds, tighter working capital conditions, and global supply chain pressures. The divergence in asset quality across MSME segments has widened, with micro borrowers showing…
NEW DELHI: The Union cabinet has cleared fresh investment commitment of Rs 30,000 crore towards new funds being set up by National Investment and Infrastructure Fund (NIIF) as it seeks to leverage the additional resources to raise money from other investors. NIIF intends to set up a second infrastructure focused fund and will also support…
Quick commerce race intensifies as Amazon, Flipkart level up MUMBAI: Amazon and Walmart’s Flipkart have made it clear that they are not going to play on the sidelines in India’s quick commerce battlefield. Big money, aggressive dark store expansion, discounts, cashbacks—everything is on the table. Listed players Eternal—which owns Blinkit—and Swiggy are jittery despite sitting…
The energy at the Indian Institute of Technology (IIT) Delhi was palpable as winners from Samsung Solve for Tomorrow 2025 programme gathered to share with Leslie D’Monte, senior technology journalist and Consulting Editor, Mint, how a single spark of curiosity evolved into tangible technologies that solve real-world problems in a special podcast. Senior tech journalist…
The government on Monday announced that effective July 1, it will lift restrictions on state-run oil companies selling auto fuels to bulk consumers and scrap the 200-litre daily limit per vehicle for diesel sales. A petrol pump attendant fills fuel in a vehicle at a petrol station in New Delhi (Hindustan Time File/Sanchit Khanna) The…
