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Automobiles, electrical machinery push sales of listed private manufacturing companies in Q4: RBI data

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Automobiles, electrical machinery push sales of listed private manufacturing companies in Q4: RBI data
Sales of over 1,800 listed private manufacturing companies expanded by 14.5 per cent in the fourth quarter of 2025-26, mainly driven by automobiles, electrical machinery and non-ferrous metals industries, according to RBI data released on Tuesday.

At the aggregate level, listed private non-financial companies continued to record a double-digit sales growth of 13.9 per cent during the January-March period of 2025-26, up from 10.1 per cent in the previous quarter.

The Reserve Bank of India (RBI) released the data on the performance of the private corporate business sector during the fourth quarter of 2025-26, drawn from abridged quarterly financial results of 3,266 listed non-government non-financial companies.

“Sales of 1,817 listed private manufacturing companies expanded by 14.5 per cent (y-o-y) during Q4:2025-26, as compared to 11.4 per cent in the previous quarter,” the RBI said.

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This acceleration was mainly driven by automobiles, electrical machinery and non-ferrous metals industries, it added.


RBI further said sales growth of Information Technology (IT) companies continued to improve further to 9.9 per cent YoY during Q4 of 2025-26 from 8.8 per cent in the previous quarter.
On the other hand, expansion in sales growth of non-IT services companies improved substantially to 20.3 per cent from the previous quarter, mainly driven by the wholesale and retail trade industry.RBI also said that with global uncertainties, raw material expenses of manufacturing companies rose substantially by 18.3 per cent YoY during Q4FY26.

Raw material to sales ratio also increased to 58.5 per cent during the January-March quarter from 57.5 per cent in the previous quarter, indicating input cost pressure.

The staff cost growth of manufacturing companies moderated to 9.8 per cent YoY during Q4FY26, compared to the previous quarter.

Within the services sector, the staff cost growth for non-IT services companies rose at a higher pace, while it remained broadly similar for IT companies during the fourth quarter as compared to the previous quarter.

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On a sequential basis, the operating profit margin of manufacturing companies remained stable, while it moderated for services sector companies during the January-March period of the last fiscal.

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Why Was DoorDash Down Today? DoorDash Suffers Major Outage Disrupting App Access for Customers and Drivers

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Raptor 3 Engine Breakthrough: SpaceX's Most Advanced Rocket Engine as

DoorDash experienced a significant service outage on Tuesday, leaving thousands of customers unable to place orders and delivery drivers unable to access the platform, as the popular food delivery service faced technical difficulties that disrupted operations across multiple regions.

The problems began gaining widespread attention around 9:43 a.m. ET, with users reporting app crashes, login failures and error messages preventing normal functionality. Downdetector and other service tracking sites showed a sharp spike in complaints, with more than 10,000 reports submitted within hours of the outage starting. The timing during peak lunch hours amplified the impact for both customers expecting deliveries and drivers relying on the app for work.

DoorDash has not yet released an official explanation for the disruption, but users attempting to access the service through browsers encountered DNS-related error messages, suggesting potential issues with domain resolution or backend authentication systems. The outage appeared to affect both the customer app and driver tools, creating a dual impact on the platform’s ecosystem.

Widespread Impact on Users and Operations

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Customers across the United States reported being unable to browse restaurants, add items to carts or complete orders. Many who had already placed orders earlier in the day found that drivers were unable to accept or fulfill them, leading to cancellations and delays. The service’s integration with third-party restaurant systems also appeared affected, complicating operations for partnered businesses.

Delivery drivers took to social media to share frustrations over lost income opportunities, with some reporting being logged out or unable to see available orders. The outage highlighted the platform’s central role in the gig economy, where independent contractors depend on consistent access for daily earnings.

Restaurants partnered with DoorDash also faced challenges, with some reporting reduced order volumes and difficulties managing incoming requests through the platform’s merchant tools. The combined effect created a ripple of inconvenience for users, workers and businesses alike during what is typically one of the busiest periods of the day.

Technical Details and Possible Causes

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Initial reports pointed to problems with authentication and load balancing, as many users encountered errors when attempting to log in or refresh the app. DNS issues were frequently mentioned, indicating that the problem may involve how requests are routed to DoorDash’s servers rather than a complete infrastructure failure.

DoorDash maintains a complex technical architecture to handle high volumes of orders, real-time tracking and payment processing. Such systems are generally robust but can experience issues during scaling events, software updates or unexpected traffic spikes. The company has invested heavily in redundancy and monitoring, but complex interdependencies between services can still lead to widespread problems when one component fails.

This is not the first time DoorDash has faced notable outages, though the current incident’s scale has drawn significant attention due to the number of dependent users. Past disruptions have typically been resolved within a few hours through backend fixes and traffic rerouting.

Company Response and Customer Guidance

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DoorDash has not issued a detailed public statement on the outage’s cause or expected resolution time as of Tuesday afternoon. The company’s status page showed degraded performance for several services, directing users to standard troubleshooting steps such as restarting the app, clearing cache or trying alternative networks.

Customers experiencing issues are encouraged to check Downdetector or the company’s official channels for updates. For those with existing orders, contacting restaurants directly or monitoring app notifications for cancellation or delay information is recommended. DoorDash typically offers credits or refunds to affected users once service is restored.

Drivers are advised to log out and back in periodically or explore alternative gig opportunities during the downtime. The company is expected to provide compensation for lost earnings once normal operations resume.

Broader Implications for On-Demand Services

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The outage underscores the growing dependence on digital delivery platforms for daily needs. As services like DoorDash become integral to meal routines and small business operations, even brief disruptions can have meaningful economic and practical consequences.

The incident highlights the importance of robust technical infrastructure and contingency planning in the gig economy. Companies in this space invest heavily in redundancy, but the complexity of real-time systems makes absolute prevention challenging. Competitors such as Uber Eats and Grubhub may see temporary increased demand, though most users tend to return to their preferred platform once service is restored.

Industry analysts note that reliability has become a key competitive factor as consumers grow more reliant on these services. Outages of this nature often prompt reviews of backend systems and can influence customer loyalty if they occur frequently.

Recommendations for Users

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While awaiting resolution, basic troubleshooting steps such as force-closing the app, restarting devices or switching between Wi-Fi and mobile data may help in some cases. Using a VPN or trying access through a browser can sometimes bypass app-specific issues.

Businesses partnered with DoorDash should monitor their merchant dashboards for updates and communicate directly with customers if orders are delayed. For critical needs, exploring alternative delivery options or preparing meals at home can serve as temporary solutions.

Users who experience significant inconvenience are encouraged to document the impact for potential compensation requests once the outage is resolved. DoorDash has a history of issuing credits or refunds for major disruptions.

Company Background and Reliability Efforts

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DoorDash has grown rapidly since its founding, becoming one of the largest players in the food delivery space. The company has invested in technology to improve reliability, including advanced monitoring systems and redundant infrastructure. Despite occasional outages, it has generally maintained strong uptime, though the current incident highlights the challenges of scaling complex real-time platforms.

DoorDash’s engineering teams are focused on continuous improvement, with regular stress testing and failover procedures designed to minimize the impact of technical issues. The company typically conducts post-incident reviews to identify root causes and implement preventive measures.

What to Expect Next

DoorDash is expected to provide more details on the cause and resolution timeline once services are fully restored. The company will likely offer apologies and promotional credits to affected accounts in line with its policies for major disruptions.

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For customers and drivers, the focus remains on minimizing inconvenience while the technical teams work to restore full functionality. The outage is receiving full attention, with restoration efforts prioritized across impacted services.

The incident serves as a reminder of how dependent many have become on on-demand delivery platforms and the importance of having backup options during technical difficulties. As DoorDash works toward resolution, users are encouraged to stay informed through official channels and remain patient during this temporary disruption.

DoorDash outages, while infrequent, tend to generate significant attention due to the platform’s popularity and the number of people affected. The current situation is being actively addressed, and normal service is expected to resume shortly. Further updates will be provided as more information becomes available from the company.

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Whole Foods Market launches search for startups

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Whole Foods Market launches search for startups

Retailer opens applications for its 2026 Local and Emerging Accelerator Program.

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Cross-Asset Volatilities Normalize As Geopolitical Risk Premia Dissipates

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This Week's Market Wrap: Earnings Fireworks, Oil Shocks, And A Stubborn Economy

Cross-Asset Volatilities Normalize As Geopolitical Risk Premia Dissipates

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Kristi Noem alleges China runs travel agency-style smuggling operation

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Kristi Noem alleges China runs travel agency-style smuggling operation

China is allegedly orchestrating a highly coordinated, “travel agency”-style operation designed to funnel Chinese nationals across U.S. borders, former Department of Homeland Security Secretary Kristi Noem said Tuesday.

Speaking exclusively on FOX Business’ “Mornings with Maria,” the current special envoy for the Shield of the Americas detailed intelligence she said showed how alleged Beijing-backed networks provide undocumented migrants with specialized documents and transit directly to the northern and southern borders.

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“We saw very coordinated attacks of people coming into this country from China,” Noem said. “Countries that I have worked with in Latin and South America have told us how they had Chinese operations set up for people to fly into their countries, almost like a travel agency would be.”

EX-WHITE HOUSE ‘AI CZAR’ WARNS U.S. COULD LOSE AI RACE TO CHINA IF WASHINGTON OVERREGULATES

“They would show up, be handed certain documents, a backpack, get on a bus and then bus straight up over our southern border… And overwhelmingly, the testimonies have been that they were the same-aged individuals, young, mainly men, some females, but very much a coordinated attempt to get individuals into our country, to change our country,” she added.

Kristi Noem speaks at Florida event

Former U.S. Secretary of Homeland Security Kristi Noem delivers remarks during a working lunch at Trump National Doral in Miami, Florida, on March 7, 2026. (Getty Images)

Republicans have warned for years about a record number of Chinese immigrants crossing the border, with reports of more than 22,000 encounters involving Chinese nationals at the southern border since late 2023.

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U.S. intelligence and the DEA have also repeatedly said that the vast majority of illicit fentanyl precursor chemicals originate in chemical factories inside China before being shipped to Mexican cartels for processing and trafficking.

“They have facilitated that,” Noem said. “I wouldn’t say, necessarily, we found ties to it officially, right to the government, but absolutely, Chinese businesses, those tied to the CCP, those individuals working with the cartels to make sure that the product gets into the United States.”

“And remember, China has a thousand-year plan to destroy the United States. They don’t just build up their military. They don’t just manipulate their currency, harm us with trade practices,” she said. “They have a plan to kill our country from the inside by killing off our next generation of Americans. They will use every tool that they have.”

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Noem, the former South Dakota congresswoman and governor, was ousted from her top DHS position on March 5. Noem’s tenure marked a distinct reversal of the open-border policies permitted by predecessor Alejandro Mayorkas during the Biden administration, and DHS reported record drug interdictions totaling more than half a million pounds of illegal drugs in her first year.

Under former Secretary Kristi Noem’s leadership, the Department of Homeland Security said in December 2025 that the Trump administration’s immigration crackdown helped spur more than 1.9 million self-deportations and more than 600,000 removals. Supporters hailed the numbers as proof of a record-setting enforcement effort, though independent demographers and fact-checkers disputed the methodology behind the self-deportation estimates.

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Fox News’ Adam Shaw, Charles Creitz and Alex Miller contributed to this report.

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Mobileye: Robotaxi Boosts The Bull Thesis (Rating Upgrade)

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Mobileye: Robotaxi Boosts The Bull Thesis (Rating Upgrade)

Mobileye: Robotaxi Boosts The Bull Thesis (Rating Upgrade)

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SpaceX vaults past Amazon’s market value as options listing fuels surge

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SpaceX vaults past Amazon’s market value as options listing fuels surge


SpaceX vaults past Amazon’s market value as options listing fuels surge

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SpaceX surpasses Amazon in market cap as post-IPO momentum picks up

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Elon Musk seeks $150B from OpenAI, claims company abandoned mission for profit

SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company’s market capitalization surpassing Amazon and briefly topping Microsoft.

Elon Musk’s SpaceX debuted on the Nasdaq on Friday following its IPO and shares have risen about 35% since it began trading last week, as traders look to capitalize on its momentum.

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Tuesday saw SpaceX’s stock climb as much as 15% in early trading, which pushed the company’s market cap beyond the $2.66 trillion valuation for Amazon and Microsoft’s $2.93 trillion market value. 

That briefly made it the fourth-largest global company by market cap before some of those gains were pared back.

SPACEX MAKES HISTORIC DEBUT; MUSK SOLIDIFIES STATUS AS WORLD’S FIRST TRILLIONAIRE

Ticker Security Last Change Change %
SPCX SPACE EXPLORATION TECHNOLOGIES CORP. 212.93 +20.43 +10.61%
AMZN AMAZON.COM INC. 246.02 +7.47 +3.13%
MSFT MICROSOFT CORP. 399.76 +9.02 +2.31%

SpaceX’s stock was boosted by the announcement that it would acquire Anysphere for $60 billion. 

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Anysphere is the parent company of Cursor, which is the provider of a coding agent powered by artificial intelligence (AI) and has become a popular “vibe-coding” tool.

SpaceX and Cursor announced a partnership in April that paired Cursor’s product and software engineering expertise with SpaceX’s supercomputers.

HOW THE HISTORIC SPACEX IPO IS TURNING EVERYDAY WORKERS INTO OVERNIGHT MILLIONAIRES

Elon Musk arrives for the trial

SpaceX CEO Elon Musk became the world’s first trillionaire on paper after the company’s IPO last week. (Jessica Christian/San Francisco Chronicle via Getty Images)

The deal gave SpaceX the option of acquiring Cursor this year for $60 billion or paying $10 billion for the joint work.

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“SpaceX has exercised the option to acquire @cursor_ai in an all-stock transaction with the goal of building the world’s most useful AI models,” SpaceX wrote in a post on X.

“For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon. We look forward to working closely with the Cursor team to advance our frontier AI capabilities,” SpaceX added. 

SPACEX SET A NEW RECORD FOR IPOS: THESE ARE THE WORLD’S 5 LARGEST

US SpaceX Hawthorne, CA

SpaceX has ambitious goals for developing space-based AI data centers, which contributed to its acquisition of Cursor. (AFP via Getty Images)

In its IPO filing, SpaceX said that Cursor’s access to developers’ data, such as coding requests and design decisions, could help improve its AI models like Grok.

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Grok was developed by xAI, Musk’s AI startup, which acquired the X social media platform formerly known as Twitter.

SpaceX announced the acquisition of xAI in February, which Musk said would “form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform.”

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Musk and SpaceX are planning to deploy space-based AI data centers, as he believes that the electricity demand sparked by the global AI boom can’t be met by terrestrial solutions and that scaling will require the use of space-based AI powered by energy from the sun and cooled by the depths of space.

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Reuters contributed to this report.

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Struggling Pizza Hut chain to be sold for $2.7bn

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Struggling Pizza Hut chain to be sold for $2.7bn

The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.

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Mexican Search Team Resumes Nancy Guthrie Hunt After Anonymous Tip Yields No Remains

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TUCSON, Ariz. — A Mexican volunteer search group is pressing forward with efforts to locate Nancy Guthrie, the 84-year-old Arizona woman who vanished from her Tucson home more than four months ago, despite an anonymous tip leading to an exhaustive but unsuccessful search last week.

Buscando Corazones Nogales confirmed it spent several days combing a remote area near Nogales following the tip suggesting Guthrie’s remains may have been buried in a shallow grave. The group reported coming up empty-handed in its attempt to find her, but members remain undeterred and plan to resume operations on Tuesday in two new locations within the same general region.

The vast and challenging terrain has made the searches difficult, yet the organization continues to dedicate resources to the cross-border effort. Previously, during May operations in the area, volunteers uncovered more than 25 unmarked graves and recovered at least 32 sets of human remains, though none have been linked to Guthrie.

Nancy Guthrie disappeared from her Catalina Foothills home between Jan. 31 and Feb. 1. Surveillance footage released early in the investigation showed an unidentified masked individual appearing to tamper with a doorbell camera at her residence, one of the few concrete leads suggesting possible foul play. The case has drawn national attention, partly due to her daughter Savannah Guthrie, co-anchor of NBC’s “Today” show.

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The family continues to offer a $1 million reward for credible information leading to her recovery, one of the largest such rewards in recent missing persons cases. Authorities have described the investigation as active and ongoing, with coordination between the Pima County Sheriff’s Department, the FBI and Mexican counterparts.

Search Efforts and Cross-Border Challenges

Buscando Corazones Nogales has become a key player in the search, focusing on remote desert and border areas where tips have directed attention. The group’s persistence highlights the difficulties of locating remains in rugged terrain that spans international boundaries. Officials have cautioned that unverified tips require careful forensic validation before any conclusions can be drawn.

The latest search followed an anonymous message claiming Guthrie’s remains may have been buried near Nogales. While the effort did not yield results connected to her case, the discovery of additional unmarked graves underscores the broader humanitarian issues in the region, where migrant deaths and other disappearances have been documented.

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Pima County, where Guthrie lived, recently experienced a statewide 911 outage that complicated emergency communications. The disruption added another layer of complexity during a period of heightened public interest in the case. Local residents have also expressed frustration over increased amateur investigations and foot traffic near the family property, leading to complaints and at least three arrests of YouTubers in recent days.

Authorities have stressed that these incidents are unrelated to Guthrie’s disappearance itself. The Pima County Sheriff’s Department and FBI continue to urge the public to report credible information through official channels rather than engaging in independent searches that could compromise evidence or endanger participants.

Investigation Status and Family Appeal

The case remains unsolved more than four months after Guthrie’s disappearance. Her age and medical conditions, including the use of a pacemaker and daily medication, have led experts to view voluntary disappearance as highly unlikely. DNA evidence from the scene has been processed, but public details remain limited to protect the active investigation.

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The Guthrie family has maintained hope while appealing for public assistance. Savannah Guthrie and other relatives have spoken publicly about the emotional toll and their commitment to finding answers. The $1 million reward remains active, generating tips but also requiring significant vetting by authorities.

Cross-border coordination adds layers of complexity due to differing legal systems and resource constraints. Mexican authorities have assisted with searches in response to tips, but formal verification processes can be time-consuming. Officials continue to assess new information, including the latest anonymous tip, through established channels.

Community and Media Attention

The case has attracted significant media coverage and amateur interest, with livestreamers and online investigators visiting the Tucson neighborhood. This attention has led to both helpful tips and challenges for law enforcement, including complaints from residents about privacy intrusions and safety concerns.

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Three YouTubers were arrested outside Guthrie’s home in recent days following neighbor complaints and an incident involving a sergeant. One individual faces charges of resisting arrest and public nuisance. Authorities have repeatedly emphasized that these arrests are not connected to the disappearance investigation.

The prolonged uncertainty has kept the case in the public eye, with yellow ribbon campaigns and community vigils continuing in the Tucson area. Support for the family remains strong, though the passage of time without resolution has added emotional weight for loved ones and investigators alike.

Challenges in Missing Persons Cases

Cases like Guthrie’s illustrate the difficulties of investigating disappearances without immediate witnesses or clear digital trails. The cross-border element further complicates efforts, requiring international cooperation and specialized resources for terrain searches.

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Experts note that as time passes, the focus often shifts toward building circumstantial evidence for potential foul play while maintaining hope for a safe return. The $1 million reward has generated leads but also false information, requiring careful prioritization by investigators.

For the Guthrie family, the ongoing searches provide a sense of continued momentum even when specific tips do not yield immediate results. Volunteer groups like Buscando Corazones Nogales represent grassroots efforts that supplement official investigations, though authorities caution against unauthorized activities that could interfere with professional work.

Path Forward

As the search resumes in new locations, authorities and volunteers will continue methodical efforts across the challenging border region. The family’s reward and public appeals remain active tools for generating information.

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Pima County Sheriff’s Department officials have described the investigation as active, with all credible leads being pursued. Coordination with federal partners and Mexican authorities continues, with emphasis on forensic verification of any potential discoveries.

The latest developments in the Nancy Guthrie case reflect both the persistence of those seeking answers and the profound challenges of such investigations. While the most recent tip did not produce results, the commitment to continued searching underscores the determination to resolve the mystery surrounding her disappearance.

Anyone with information is urged to contact the Pima County Sheriff’s Department or the FBI. As the investigation enters its fifth month, the focus remains on methodical progress and respect for the family’s privacy during an extraordinarily difficult time.

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Small business profits rising despite challenges in the economy, Sage survey says

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The Sage SME Performance Pulse also highlighted continuing problems from late payments

Sage offices at Cobalt Business Park in North Tyneside

Sage offices at Cobalt Business Park in North Tyneside(Image: Newcastle Chronicle)

A survey by Tyneside technology giant Sage has pointed to increased profitability in the SME sector, but warns that late payment continues to be a major problem for many smaller firms.

The Sage SME Performance Pulse, which draws on accounting data from nearly 150,000 SMEs around the UK, found profit growth has accelerated consistently over recent quarters, reaching its highest level since early 2022. Sage’s data suggests profits grew by 7.4% in the year to Q1 2026, up from 5.5% the previous quarter.

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Sage said that SME growth remains broad-based across the UK, with the East Midlands seeing the highest growth and SME profits in the North increasing by 3.4%. It said strong performances were seen in the manufacturing, professional services, technology and finance sectors.

Sage has in recent years set itself up as a champion of the small business sector, which makes up much of the client base for its accounting software and other technologies.

Derk Bleeker, chief commercial officer at Sage, said: “The UK’s small business community continues to demonstrate extraordinary resilience to adapt and grow. The fact that profitability has reached its highest level in four years is a testament to the determination and ingenuity of business owners across the country. It also highlights the opportunity that exists to help SMEs build on this momentum and unlock even greater growth in the years ahead.”

But Sage’s survey has also highlighted how late payments remain a significant issue for many small firms. Nearly half of all SME invoices (49%) are overdue, the survey found, with businesses waiting an average of 27 days to receive payment after issuing an invoice. The delays are creating a ripple effect across the economy, with SMEs themselves now taking an average of 37.1 days to pay supplier invoices, up from 31.9 days in the first quarter of 2025.

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Emma Jones, the Government’s Small Business Commissioner, said: “Sage’s data shows that more needs to be done to tackle late payments, with too many small businesses still waiting weeks to be paid. That’s why action to improve payment practices is so important. It gives firms greater certainty over their cash flow and the confidence to invest, hire and grow. Tackling late payments isn’t just about fairness; it’s essential to unlocking the full potential of the UK’s small businesses.”

Separately, Sage and its partner Village Capital have awarded 12 grants totalling £141,000 to entrepreneurs from the second cohort of the Sage Impact Entrepreneurship programme.

The programme supports under-represented businesses addressing pressing challenges and has recognized two Newcastle firms: Recovolt, which develops infrastructure to safely neutralise end-of-life EV, and METZero, a wastewater technology company that retrofits treatment sites with a solution that cuts pollution and energy.

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