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Exports rise 15 per cent during April-May, government official says
New Delhi, The country’s merchandise exports have recorded about 15 per cent growth during April-May 2026-27 despite global economic uncertainties, a senior government official said on Monday.The Commerce Ministry will release the trade data for May on June 15.”During the two months, exports are up by 15 per cent,” the official said.Exports rose by 13.78 per cent to USD 43.56 billion in April, the highest monthly outbound shipments in more than four years, driven by petroleum products amid a surge in crude oil prices, but the trade deficit widened to a three-month high of USD 28.38 billion due to an…
Mumbai, The electronic manufacturing services (EMS) market in India is expected to exceed $150 billion by FY30, driven by domestic demand, policy support and China+1 strategies, from $40-45 billion in 2025, a report said on Monday.However, this growth reflects a “scale without depth” paradox, for while India leads in high-volume assembly, particularly in mobile and consumer electronics, its presence in higher-value areas such as design, components and IP ownership remains limited, KPMG India said in its report.The report analyses the global EMS landscape and India’s evolving role across market growth, segment prioritisation, value chain dynamics and structural constraints, assessing the…
Will you be audited by Trump’s IRS? New data says there’s one group that can breathe a lot easier.
A new report examines IRS audit activity at the start of the second Trump presidency Source link
New Delhi, The Rs 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme will help attract huge investments, create jobs, and provide modern social infrastructure in the 100 industrial parks to be developed under this initiative, Commerce and Industry Minister Piyush Goyal said on Monday.On March 18, the Union Cabinet approved the scheme for developing 100 plug-and-play industrial parks across the country.It aims to develop world-class industrial infrastructure, unlock manufacturing potential and drive the country’s economic growth.”We want to make sure that the scheme does become the change agent in terms of promoting investments across India in industry.”We can see a…
For years, Iran has generally justified direct attacks on Israel as retaliation for actions against Iranian territory, commanders or interests. This time was different. Tehran acted after an attack on one of its allies, following an Israeli strike on what it said was a Hezbollah-linked building in southern Beirut. Source link
‘Senior lieutenant’ in Kinahan criminal cartel jailed for 24 years by Dublin court | Ireland
A leader of the notorious Kinahan criminal cartel has been sentenced to 24 years in prison at a Dublin court.Sean McGovern, 40, who has been described as a senior lieutenant in the group, pleaded guilty to two charges of directing the activities of a criminal organisation relating to a deadly feud between the Kinahan and Hutch criminal gangs.McGovern, who was extradited from the United Arab Emirates to face trial in Ireland, had been shot in the feud, the court heard.The charges related to his involvement in the lead-up to the murder of Noel Kirwan, a grandfather who was shot dead…
WARSAW, Poland — Polish-Ukrainian anti-drone radar company Molfar Defence said it is developing a new generation of tactical radar systems for drone types that have doggedly managed to penetrate Ukrainian defenses.The technology aims to find small, low-altitude drones, including those connected to operators via long command wires, a setup that makes them immune to defensive electronic warfare.Maks Dzherikhov, the co-founder of Molfar Defence, told Defense News the company is working on solutions to complement the existing air-defense infrastructure, which is increasingly struggling to identify smaller and slower-moving airborne threats.“We see how quickly drone production is scaling up globally, and how…
Evening news wrap: Iran halts military op against Israel, 20 TMC MPs seek recognition as NDA allies & more | India News
US President Donald Trump said that Israel and Iran were “looking to do an immediate ceasefire”.At least 20 TMC MPs wrote to Lok Sabha Speaker Om Birla expressing their support for the BJP-led NDA.The Forward Seamen’s Union of India sought urgent assistance for 24 Indian seafarers aboard a vessel reportedly attacked off the coast of OmanINDIA bloc reached a consensus on five points after opposition leaders huddled at Delhi’s Constitution Club.Delhi HC issued notice to the Centre and CBSE, seeking their response to a plea alleging discrepancies in the board’s OSM system.Here are the top 5 stories of the dayIran…
Newark police arrest 6 more protesters outside Delaney Hall ICE facility
NEWYou can now listen to Fox News articles! A weeks-long standoff between protesters and police led to more arrests again Sunday outside Delaney Hall, the New Jersey immigration detention center targeted by political activists seeking to rile up unrest for their open-borders agenda.Protesters obstructing the passage of vehicles outside the gates were fought back off the street and in some instances tackled and arrested after clashing with Newark Police Department officers who had shouted repeated orders to “back up,” a video posted online showed.One activist appeared to be holding his head after he fell back after getting too close to…
Out of 11 lakh answer books, only 3.8 lakh took to re-checking
3 min readNew DelhiUpdated: Jun 8, 2026 07:37 PM IST The Central Board of Secondary Education (CBSE) has said that more than 1.6 lakh Class 12 students submitted requests related to over 3.8 lakh answer books during the verification and re-evaluation window that remained open from June 2 to June 7. The board shared the figures while issuing a clarification regarding complaints raised by some students and parents about the functioning of the ‘Post-Result Services Portal’. According to CBSE, the application window remained operational throughout the notified period under the supervision of government technical agencies and teams from the IITs.…