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France, UK intercept sanctioned Russian tanker

India, June 2 -- The French Navy, with support from the United Kingdom, has intercepted an oil tanker under international sanctions that was travelling from Russia, the latest effort by nations that s... Read More


Govt. to develop 10 major cities

Sri Lanka, June 2 -- Funds amounting to Rs. 1,300 million have been allocated through the 2026 Budget to the Ministry of Transport, Highways and Urban Development to redevelop identified attractive to... Read More


Delhi govt removes income clause for Kashmiri migrant relief

New Delhi, June 2 -- The All India Kashmiri Samaj (AIKS) on Tuesday thanked Delhi Chief Minister Rekha Gupta for granting a one-time amnesty to Kashmiri migrants and removing income and property-relat... Read More


Cheaper deposits lift banks' profit to Sh83.5bn in first quarter

Nairobi, June 2 -- The cumulative pre-tax profit of commercial banks operating in Kenya rose 13.6 percent in the three months ended March, riding by cheaper deposits. Data from the Central Bank of Ke... Read More


India emerging as key player in global manufacturing supply chains despite receiving lower industrial subsidies than China: OECD

New Delhi, June 1 -- India is emerging as an increasingly important player in global manufacturing supply chains despite receiving significantly lower governmental support than Chinese firms, the Orga... Read More


SAIC Shares Jump 17% As Q1 Profit And Revenue Increase

India, June 1 -- Science Applications International Corporation (SAIC) stock rose 17.42 percent to $122.35, gaining $18.15 on Monday, following the release of its first-quarter financial results, whic... Read More


Mahindra & Mahindra sells 99,636 vehicles in May 2026

Mumbai, June 1 -- In the Utility Vehicles segment, Mahindra sold 58,021 vehicles in the domestic market, a growth of 11% on YoY basis. The domestic sales for Commercial Vehicles stood at 24,079, up 19... Read More


Non-food bank credit gains around 16% on year

Mumbai, June 1 -- Reserve Bank of India (RBI) has released data on sectoral deployment of bank credit for the month of April 2026, collected from 41 select scheduled commercial banks (SCBs) which toge... Read More


Indonesia sees investor gains from Danantara export plan

Jakarta, June 1 -- The establishment of state-owned enterprise PT Danantara Sumber Daya Indonesia (DSI) could have a positive impact on the domestic capital market and benefit investors, Finance Minis... Read More


Timex bets on quick commerce and first-time buyers as India's watch market shifts gears

New Delhi, June 1 -- As India's watch market moves towards premiumization, one company is working on the opposite premise: consumers buying watches for less than Rs.10,000. Timex Group India, owned by... Read More