Mazumdar-Shaw picks niece Claire as Biocon successor

Biocon chief Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, founder and chairperson of Biocon, has found her successor within the family. She outlined a gradual succession plan, naming her niece Claire Mazumdar as…

Bank credit grows 15.9% in FY26 to Rs 212.9 lakh crore; Finance ministry says capex, reforms boosting demand

Scheduled Commercial Banks (SCBs) recorded a robust 15.9 per cent growth in credit during FY2025-26, reflecting strong economic activity and sustained demand across sectors, the Finance Ministry said, PTI reported.…

Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the India Semiconductor Mission (ISM).The projects include the country’s first…

Middle East conflict: Govt launches Rs 18,100 crore credit guarantee scheme; MSMEs, airlines to get Rs 2.55 lakh crore liquidity support

The government has approved an Emergency Credit Line Guarantee Scheme (ECLGS 5.0) with an outlay of Rs 18,100 crore to support MSMEs and airlines hit by the West Asia conflict,…

Sugarcane price hike: Govt raises FRP to Rs 365/quintal for 2026-27, farmers to benefit from higher returns

The government has increased the fair and remunerative price (FRP) of sugarcane by Rs 10 to Rs 365 per quintal for the 2026-27 season beginning October, PTI reported.The decision was…

US stock markets today (May 5, 2026): S&P 500 nears record high; oil cool-off, strong earnings lift sentiment

US stock markets moved closer to record levels on Tuesday as easing oil prices shifted investor focus back to strong corporate earnings, AP reported.The S&P 500 rose 0.6 per cent…

Stock market today (May 5, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex today? Check list

Benchmark equity indices Sensex and Nifty ended lower on Tuesday as renewed geopolitical tensions around the Strait of Hormuz and a record-low rupee weighed on investor sentiment, PTI reported.In a…

Cabinet clears Rs 1.52 lakh crore push across cotton, railways, semiconductors, sugar and credit schemes

In a broad-based policy push spanning agriculture, infrastructure, manufacturing and financial support, the Union Cabinet on Tuesday cleared projects and schemes worth over Rs 1.52 lakh crore, signalling a strong…

How India-New Zealand FTA creates new global pathways for Indian talent

For India, these measures directly support long-term human capital development. (AI image) By Amarpal S. ChadhaIndia has consistently expanded its global trade partnerships with the objective of strengthening economic growth,…

Govt lists 40 sub-sectors for faster FDI clearance from border nations-check details

The government has identified 40 sub-sectors, including rare earth magnets and printed circuit boards, for expedited clearance of foreign direct investment (FDI) proposals from countries sharing land borders with India,…