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ICRA lowers India’s FY27 GDP growth estimate to 6.2%
India’s GDP is likely to grow at 6.2 per cent in FY27, down from the earlier estimate of 6.5 per cent amid elevated crude oil prices triggered by the West Asia crisis, according to rating agency ICRA. For FY26, ICRA estimates GDP growth at 7.5 per cent, marginally lower than the National Statistical Office’s (NSO) Second Advance Estimate (SAE) of 7.6 per cent for the fiscal.Also read: Morgan Stanley lifts India FY27 GDP forecast to 6.7% on demand strength “ICRA now assumes crude oil prices to average at USD 95/bbl in FY27, against our prior estimate of USD 85/bbl, given…
PepsiCo India to invest Rs 5,700 crore by 2030 on capacity expansion
New Delhi, Food and beverages major PepsiCo will invest up to Rs 5,700 crore in India by 2030, mainly to ramp up the manufacturing capacity of its foods business, its India and South Asia CEO Jagrut Kotecha said on Tuesday.PepsiCo India, which posted a profit after tax of Rs 905 crore in the 12 months ended December 2025 with a total revenue of Rs 9,789 crore, will invest mainly in three manufacturing facilities in Madhya Pradesh, Assam and Tamil Nadu, he told reporters in an interaction here.India, being one of the top 13 markets for PepsiCo, continues to commit and…
AI in focus as Standard Chartered Bank replaces ‘lower value human capital’, slashing back office workers by 15%
The announcement of stiff job cuts at Standard Chartered reignites fears of sweeping changes in th employment market caused by automation and widespread adoption of AI to perform tasks previously the responsibility of humans. Source link
India soymeal exports to fall to four-year low on rising prices
MUMBAI: India’s soymeal exports are set to halve in the current year to a four-year low after prices surged 47% over the past month, eroding the competitiveness of Indian animal feed against South American supplies, industry officials told Reuters. The drop in Indian exports is likely to help suppliers in South and North America increase soymeal shipments to Asian buyers that traditionally source from India.”Indian prices are much higher than global prices. Oil mills are not even getting fresh export inquiries, let alone securing export deals,” said Manoj Agrawal, managing director of Maharashtra Oil Extractions, a soymeal exporter. Indian soymeal…
Polish officials vent worries over scrapped US troop deployment
WARSAW, Poland — Polish government leaders are concerned over the Pentagon’s abrupt cancellation of a deployment of more than 4,000 soldiers to NATO’s eastern flank, citing Warsaw’s status as a multibillion-dollar U.S. weapons client in their appeal to retain American soldiers.On May 18, Poland’s Prime Minister Donald Tusk and Władysław Kosiniak-Kamysz, the country’s deputy prime minister and national defense minister, attended a ceremony in eastern Poland related to the launch of a new engine servicing hub for the Polish fleet of Abrams tanks. The event, designed to highlight existing trans-Atlantic defense ties, was overshadowed by Washington’s recent order to halt…
NEW DELHI: Days before the re-polls, Trinamool Congress candidate Jahangir Khan from West Bengal’s Falta on Tuesday withdrew his nomination.TMC spokesperson Arup Chakraborty said the party has received information about Khan’s decision, but is yet to get clarity on what prompted it.”We have heard that Jahangir Khan has decided not to contest or participate in the Falta repoll,” he told reporters.”We are still not aware of the reason behind his withdrawal,” he added.This comes after the Election commission scrapped the polls in Falta assembly constituency citing “severe electoral offences and subversion of the democratic process.”Cases of voter intimidation and alleged…
Apply before June 8 at sbi.bank.in
3 min readNew DelhiMay 19, 2026 12:51 PM IST The State Bank of India (SBI) has today started the application process for 7,150 apprentice posts across the country. The SBI Apprentice recruitment 2026 notification was released today, with the online application window closing on June 8, 2026. Eligible graduates from across India can apply at the bank’s official careers portal at sbi.bank.in. The SBI recruitment has been announced under Advertisement No. CRPD/APPR/2026-27/07, and interested candidates fulfilling the required eligibility criteria can submit their applications online at sbi.bank.in/web/careers/current-openings. The vacancies are spread across various states and union territories. Eligibility criteria Candidates…
Corpus Christi Leaders Believe Data Center Plans May Be Behind Delays to Emergency Water Supply
This story was produced in partnership by Inside Climate News and the Texas Newsroom, the state’s network of public radio stations. Corpus Christi needs the groundwater beneath the small town of Sinton so urgently that it’s already laying pipeline, even before it has the permits to start drilling for water. Sinton, with 5,500 residents about half an hour north, is fighting those permits in court, citing concerns for its own water supply. But leaders in Corpus Christi, which supplies water to half a million people, now suggest an ulterior motive: Sinton wants a thirsty, new complex of data centers. Officials…
5 vehicles that should get HSW upgrades in GTA Online in 2026
GTA Online has a solid roster of vehicles, but the HSW upgrade system has created a clear divide between what is worth driving and what gets left in the garage collecting dust. While the summer 2026 DLC is on the way, there are still some vehicles that have been sitting in performance limbo for years, and a targeted batch of HSW upgrades could make a genuine difference to how competitive and varied the car meta feels. These five vehicles in GTA Online are the strongest cases for getting that treatment in 2026. Note: Parts of this article are subjective and…
Ionna Is Slashing EV Charging Prices In Half For Memorial Day Weekend
Ionna is slashing prices by nearly 50% at its DC fast chargers nationwide. The up-and-coming charging network’s 400 kW stalls are likely to be the most affordable in the U.S., just in time for Memorial Day weekend travel. Besides the overall discount, Ionna is also offering additional price cuts for BMW and GM EV owners. Ionna, the up-and-coming EV charging network that uses 400-kilowatt stalls exclusively, is significantly slashing prices during Memorial Day weekend. The company, which is backed by several automakers, will charge just $0.20/kilowatt-hour from 12:01 Friday, May 22, to 11:59 pm Monday, May 25, at participating stations.…