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UBS cuts India's FY27 GDP growth forecast to 6.2% amid oil price shock, weak monsoon; expects RBI rate hike in H2FY27

New Delhi, May 5 -- The ongoing US-Iran war, along with the resulting energy shock, supply chain disruptions, and elevated inflation, could weigh on India's economic growth in FY27, according to UBS. ... Read More


Economic Buzz: RBA hikes interest rates by 25 basis points

Mumbai, May 5 -- The Reserve Bank of Australia (RBA) hiked its cash rate target by 25 basis points to 4.35% in May. Eight members supported the increase, while one voted to keep the rate unchanged at ... Read More


Ather Energy Jumps 5% To Touch All-Time High After Q4 Loss Narrows

India, May 5 -- Shares of Ather Energy surged as much as 5.15% to hit an all-time high of Rs.982.5 on the BSE during the intraday trading today, as investor sentiment turned positive following its Q4 ... Read More


Industrialist Harsh Goenka hails BJP's Bengal victory as catalyst of development

New Delhi, May 5 -- Harsh Goenka, chairperson of RPG group, on Monday welcomed the BJP's decisive mandate in Bengal elections as a catalyst of development. Published by HT Digital Content Services wi... Read More


How regulatory burden is holding back Kenya's local industry growth

Nairobi, May 5 -- There is a moment every manufacturer in Kenya knows well. It comes late at night, when the factory premises is still, and you are alone with your numbers: forget the sales figures, b... Read More


NSE revives Sh234m trading system upgrade plan after bumper year

Nairobi, May 5 -- The Nairobi Securities Exchange (NSE) has revived its plan to upgrade its automated trading system (ATS) after a bumper year in which its total revenues crossed the Sh1 billion mark ... Read More


ASIRT TechDay 136: Empowering Mumbai SIs with MSP growth strategy

India, May 5 -- The Mumbai IT channel community gathered at the Sai Palace Hotel on April 23, 2026, for ASIRT TechDay #136. The event served as a critical platform for system integrators and retailers... Read More


CMR India smartphone market report reveals uneven slowdown

India, May 5 -- India's smartphone market has entered 2026 on a cautious note. The latest CMR India smartphone market report shows a 2 percent year-on-year decline in Q1 shipments, marking one of the ... Read More


Seqrite India Cyber Threat Report reveals hidden risk of identity theft in Indian IT firms

India, May 5 -- India's IT sector continues to support global digital systems, but this growing influence is also attracting a new kind of cyber threat. The Seqrite India Cyber Threat Report highlight... Read More


How machine vision is redefining digitalisation on India's factory floors

India, May 5 -- Manufacturing remains one of India's economic cornerstones, contributing nearly 17% to GDP and targeting to add more than Rs. 43,43,500 crore annually to the global economy by 2030. As... Read More