Finance

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Manufacturing powers industrial output growth of 5.1%

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...
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Persistent CEO backs protocols amid Nagarro stock rally scrutiny

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...
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Metro premium: Bigger cities, higher pay

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...
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MSMEs’ micro segments begin seeing stress

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...
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