Bhubaneswar / Gujarat, May 5 (BNP): Odisha Chief Minister Mohan Charan Majhi has commenced a three-day official visit to Gujarat, covering four major cities from May 5 to May 7, as part of efforts to enhance industrial cooperation and attract new investments to the state. The visit is aimed at…
Continue ReadingAuthor: admin
India’s LPG Consumption Drops 16 pc in April Amid West Asia Supply Disruptions
May 5 (BNP): India’s liquefied petroleum gas (LPG) consumption declined sharply by 16% in April, as supply disruptions linked to escalating tensions in West Asia affected availability across both domestic and commercial segments. According to official data, the fall in consumption reflects the impact of constrained supplies in global energy…
Continue ReadingNet Direct Tax Collections Rise 5.1 pc in FY26; Refunds See Marginal Decline
New Delhi, May 5 (BNP): India’s net direct tax collections recorded steady growth in FY26, rising 5.12% year-on-year to ₹23.40 lakh crore, compared with ₹22.26 lakh crore in the previous financial year. The increase reflects combined collections from corporate and non-corporate taxes, indicating continued expansion in the tax base despite…
Continue ReadingRupee Falls 20 Paise to 95.43 Against US Dollar Amid Gulf Tensions and High Oil Prices
New Delhi, May 5 (BNP): Indian rupee weakened in early trade on Tuesday, falling 20 paise to 95.43 against the US dollar amid heightened global risk sentiment. Currency traders attributed the decline to renewed geopolitical tensions following fresh military exchanges between the United States and Iran in the Gulf region.…
Continue ReadingCiti India appoints Raj Rathi as Head of Mergers & Acquisitions
Chennai, May 5: Citi India has announced the appointment of Raj Rathi as Head of Mergers & Acquisitions (M&A) in India, effective June 2026. Based in Mumbai, Raj will also take on sector coverage for Digital Infrastructure, Electronic Manufacturing Services (EMS), and select B2B commerce companies. In his new role,…
Continue ReadingMumbai–Ahmedabad Bullet Train Project Completes Key Portal Beam Installation
Mumbai, May 5 (BNP): The Mumbai–Ahmedabad high-speed rail project has reached a significant engineering milestone with the successful installation of five heavy portal beams over active railway tracks at Maninagar in Ahmedabad. The work, completed within 22 days, involved the placement of precast, prestressed portal beams designed to support the…
Continue ReadingPiyush Goyal Reviews FTA Progress, Charts Strategy to Boost India’s Exports
New Delhi, May 5 (BNP): Union Minister of Commerce and Industry Piyush Goyal chaired a high-level review meeting with senior officials to assess the progress of India’s ongoing Free Trade Agreement (FTA) negotiations and to chart a strengthened export strategy. Held a review meeting with key officers and chief negotiators…
Continue ReadingVijay Scripts Historic Debut Victory, Tamilaga Vettri Kazhagam (TVK) Reshapes Tamil Nadu Politics
Chennai, May 5 (BNP): In a landmark political development, actor-turned-politician Vijay has secured a historic victory in the 2026 Tamil Nadu Assembly elections, leading his party, Tamilaga Vettri Kazhagam, to a sweeping mandate. Making his electoral debut from the Perambur constituency, Vijay won decisively and formally received his victory certificate,…
Continue ReadingUAE Fully Restores Air Traffic Operations Following Temporary Disruptions
May 5 (BNP): The United Arab Emirates has lifted all air traffic restrictions, restoring normal flight operations across its airspace after nearly 10 weeks of disruption linked to regional conflict earlier this year. The General Civil Aviation Authority (UAE) confirmed the full resumption of normal air navigation services, ending temporary measures…
Continue ReadingAuto Demand Cycle Expected to Stay Strong Through CY26, Says Report
New Delhi, May 5 (BNP): India’s automobile sector is expected to maintain its growth momentum over the next two to three quarters, with strong demand likely to persist through calendar year 2026, according to a report by Antique Stock Broking. The industry has entered FY27 on a positive note, recording healthy…
Continue Reading