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FDI inflows rise 17% to record $95 billion

NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding...
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‘Economy resilient, supply a worry’

MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term...
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India On Heatwave Alert: Temperatures near 48°C: India reels under severe heatwave conditions; nationwide alert till May 28 | India News

NEW DELHI: Large parts of the country remained under the grip of an intense heatwave on Friday, with temperatures soaring close to 48 degrees Celsius in several regions, prompting authorities to issue health advisories. They warned that prolonged exposure to extreme heat raised concerns across the country.The India Meteorological Department (IMD) has warned that heatwave...
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Honda plans to line up 10 new car models by 2030

NEW DELHI: Honda Cars India is preparing an aggressive product expansion in the country, with plans to introduce more than 10 new models by 2030 as the Japanese automaker revs up to take on competition in one of its most important global growth markets.The company on Friday unveiled the updated hybrid version of the City...
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Shareholders’ no to Swiggy’s board changes

BENGALURU: Swiggy shareholders have voted against proposed changes to the company’s Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder Phani Kishan Addepalli to the board. The special resolution received 72.4% shareholder support, falling short of the 75% threshold required for approval, according to an exchange filing on Thursday.Swiggy said the...
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