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piyush goyal

Global challenges a wake-up call for India Inc: Piyush Goyal

NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a “wake-up call” for Indian industry to become self-efficient and productive, make better use of free trade agreements, and reduce dependence on imports to strengthen the economy.Amid trying times, India has an opportunity to outshine others, he...
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Entry-level smartphone market shrinks 59%

NEW DELHI: India’s entry-level smartphone market suffered a collapse in the first quarter of 2026. Rising component costs and weakening consumer demand reshaped the country’s handset landscape, according to new data from IDC.India’s overall smartphone shipments declined 4.1% year-on-year to 31 million units in Q1 2026, but the steepest pressure was concentrated in devices priced...
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Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

David Einhorn laid out a bullish case for a group of out-of-favor companies at the Sohn Investment Conference on Tuesday, betting that operational turnarounds and artificial intelligence adoption could drive sharp a rebound in overlooked stocks. “We’re finding interesting investments where management is repositioning businesses towards more durable, more disciplined, more generative growth,” Einhorn said....
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Traders believe inflation could near 5% this year

A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Prices in April rose at their fastest pace since May 2023. Traders on prediction market platforms think the peak in inflation isn’t here yet. While the headline annual inflation rate rose 3.8% last...
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‘Unfair trade practice’: Consumer commission pulls up EPFO over decade-long PF delay, orders Rs 50,000 compensation

The District Consumer Disputes Redressal Commission, Chandigarh has held that the Employees’ Provident Fund Organisation (EPFO) cannot cite software glitches or technical issues to justify a nearly 10-year delay in transferring provident fund (PF) accumulations from an employee’s old account to a new one.The commission partly allowed a complaint filed by employee Rajesh Garg and...
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Stocks making the biggest moves midday: WEN, VSTS, CLSK, UAA

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items,...
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US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

AI image for representation US stocks retreated on Tuesday as rising oil prices, sticky inflation and a selloff in technology shares cooled Wall Street’s record-setting rally.The S&P 500 fell 0.6 per cent after closing at an all-time high in the previous session, while the Dow Jones Industrial Average dropped 288 points, or 0.6 per cent....
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