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Latest business news and updates

MeitY launches 'Investors Support' portal to support investors (Photo/Pexels)Business
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MeitY launches 'Investors Support' portal to support investors

According to the release by the Ministry of Electronics & IT, so far, 12 Fab/Packaging projects have been approved along with 24 semiconductor design projects, under the Semicon India Programme.

External Affairs Minister Dr S Jaishankar and US Secretary of State Marco Rubio (Photo/DD)BusinessBreaking
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India, US sign critical minerals, rare earths supply chain pact

US Secretary of State announced two major initiatives aimed at strengthening maritime security cooperation in the Indo-Pacific, including the launch of the Indo-Pacific Maritime Surveillance Cooperation Initiative.

India PE/VC investments hit 29-month lowBusiness
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India PE/VC investments hit 29-month low, fall 51% in April: Report

The report highlights that April recorded US$2.7 billion in PE/VC investments, marking a 49% year‑on‑year decline from US$5.3 billion in April 2025 and a 51% month-on-month drop compared to US$5.5 billion in March 2026.

India's 40% crude, 90% LPG, 65% gas imports hit by West Asia crisis: GovtBusinessBreaking
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India's 40% crude, 90% LPG, 65% gas imports hit by West Asia crisis: Govt

Sharma's remarks highlight growing concerns over supply disruptions and rising energy security challenges for the country.

Union Finance Minister Nirmala Sitharaman (Photo/X Handle)BusinessBreaking
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Fuel import duty cut to cost govt ₹1 lakh crore in FY27, says Sitharaman

Amid fuel supply constraints arising due to the Iran-US war, the Centre has trimmed its excise duty on fuel import by Rs 10 per litre.

Union Finance Minister Nirmala Sitharaman (Photo/X)BusinessBreaking
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FM Sitharaman urges SIDBI, banks to customize loan repayment structures for SMEs

Addressing the SIDBI Foundation Day Programme in Mumbai, Union Finance Minister said, "My message to SIDBI and to every banker here is that standard products cannot serve non-standard businesses."

US Secretary of State Marco Rubio (Photo/X)BusinessBreaking
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US visa reforms not India-specific, part of migration overhaul: Marco Rubio on H1B visa

Rubio said the United States is currently dealing with the consequences of a large-scale migration crisis, which prompted the administration to reform its immigration framework.

Industrial park (Photo/ESR India)BusinessBreaking
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India unveils BHAVYA scheme to develop 100 industrial parks with ₹33,660 crore outlay

Implementation of projects under BHAVYA will be undertaken through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013.

1 lakh engineering jobs expected from India’s data centre sector: SinghBusiness
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1 lakh engineering jobs expected from India’s data centre sector: Singh

Dr Jitendra Singh further said that India is entering a decisive phase where data centres, Artificial Intelligence, Quantum technologies and next-generation digital infrastructure will shape the future global economic order.

Union Minister of Commerce and Industry Piyush Goyal (Photo/@PiyushGoyal)BusinessBreaking
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India draws $60 billion US investments in last six months, says Piyush Goyal

The Minister said that India and the United States are working as natural partners and complement each other across sectors including technology innovation, high precision defence, digital data centres, quantum computing and medical devices.

Union Minister for Heavy Industries and Steel H D Kumaraswamy (File photo)Business
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Centre seeks industry feedback to expand e-bus and e-truck adoption

During the meeting, the Union Minister for Heavy Industries and Steel H D Kumaraswamy tried to understand operational realities, and encouraged faster adoption of e-buses. Minister also urged stakeholders to strengthen collaboration between the government and private stakeholders.

National Stock Exchange (NSE) (File/Photo)Business
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Top market movers on May 20: Stocks that made headlines today

The initial weakness in domestic equities was primarily driven by rising global bond yields, elevated crude oil prices, and continued geopolitical uncertainty surrounding the US-Iran conflict, said analysts.