US, Iran war bends India’s economy, but it doesn’t break

EisnerAmper India proudly announces the appointment of Radhika Harivanam as its new managing director. With an impressive 20-year track record in the industry, Harivanam is set to enhance client services across all of EisnerAmper's branches in India. Her vision focuses on nurturing client partnerships and optimizing service delivery.

The Supreme Court will hear pleas on May 20 concerning legislative power to tax mineral rights, as the Centre's curative petition is pending. Previously, a nine-judge bench ruled states hold this power, dismissing review pleas. The Centre's curative petition seeks reconsideration of this verdict.

Electric passenger vehicle sales surged by 75.14 percent in April 2026. Tata Motors led the passenger vehicle segment with a 77.17 percent increase. The electric two-wheeler market also experienced robust growth, up 60.73 percent. TVS Motor Company topped this segment. Electric three-wheeler sales saw a modest rise, while electric commercial vehicle sales more than doubled.

Hyundai Motor India celebrates 30 years, reaffirming its dedication to India's mobility future. The company has invested heavily and plans further expansion in manufacturing and electrification. HMIL has achieved significant sales milestones and exports, solidifying India's role in its global strategy. Future plans include introducing new products and enhancing service networks across the nation.

HDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way for the reappointment of CEO Sashidhar Jagdishan. The Reserve Bank of India is reportedly comfortable with this decision. The bank's stability is crucial for the Indian economy. This news has positively impacted the bank's stock.

Smart TV use is growing fast in India. Southern regions lead in smart TV ownership. This is due to better internet and more people wanting big screens for streaming. India's internet use is becoming more advanced. Many Indians are online, mostly on phones. Video watching and social media are very popular.

Foreign direct investment in India's information and broadcasting sector saw a sharp quarterly decline in Q3 FY26, yet cumulative inflows for the first nine months rose significantly. This overall increase was propelled by substantial investments in major players like Prime Focus, alongside several smaller but notable transactions across the industry.