Category: business

Visakhapatnam, May 4 (BNP): An LPG tanker carrying cargo destined for India has safely navigated the Strait of Hormuz and is currently en route to Visakhapatnam, according to official sources. The movement of the vessel comes at a time of heightened geopolitical tensions in West Asia, which have raised global…

May 4 (BNP): External Affairs Minister S. Jaishankar has praised India’s advancing space technology ecosystem, highlighting the success of GalaxEye and its “Mission Drishti,” which is being seen as a significant step forward in all-weather Earth imaging capabilities. The mission marks a notable achievement in strengthening India’s private space sector, demonstrating…

New Delhi, May 4 (BNP): The government has intensified enforcement measures to prevent hoarding and ensure smooth supply of cooking gas across the country, conducting more than 1,900 raids nationwide, even as LPG availability continues to remain stable amid ongoing geopolitical tensions in West Asia. According to the Ministry of…

May 4 (BNP): A global crude oil supply shortfall of around 4.8 million barrels per day (mbpd) could potentially lead to demand destruction while improving margins for oil marketing companies (OMCs), according to a recent report. The report suggests that tightening supply conditions in the global oil market may push…

New Delhi, May 4 (BNP): Online food delivery in India has witnessed strong growth in recent years but continues to account for a relatively small share of the overall food services industry, according to a recent report by Investec. The report highlights that the segment currently represents about 11 percent…

New Delhi, May 4 (BNP): The government has reported robust revenue collections across major tax categories, with several streams exceeding their respective Modified Revised Estimates (MRE) for the financial year ending March. Stamp duty collections reached ₹9,119.72 crore, slightly surpassing expectations at 101 percent of the MRE. This indicates steady…

Mumbai, May 4 (BNP): The Indian rupee opened on a weaker note on Monday, depreciating by 11 paise to 94.95 against the U.S. dollar in early trade, as ongoing geopolitical tensions in West Asia continued to weigh on investor sentiment. Market participants remained cautious amid uncertainty in global markets, with…

India May 04:  Veeam® Software, the Data and AI Trust Company, has been ranked #1 for worldwide data protection software market share by IDC in its latest IDC Semiannual Software Tracker, 2025H2. The tracker reports that Veeam captured 13.6% market share in 2025H2, increasing from 13.2% in 2025H1. IDC also reports that Veeam delivered 11.5% sequential growth in 2025H2, outpacing the market average of 8.8%. “Market share is the verdict on how well we achieved…

  May 4: XS.com, the award-winning global multi-asset broker, is proud to announce its participation as the Diamond Sponsor at Rankia LATAM – Peru 2026, reinforcing its presence at prominent financial events across the region. Taking place on May 11–12 at Hotel Los Delfines in Lima, the event will bring together…

Mumbai, May 4(BNP): Indian benchmark equity indices opened the week on a strong note, rallying sharply in early trade on Monday amid easing crude oil prices and improved global market sentiment. The BSE Sensex surged 657.80 points to reach 77,571.30, while the NSE Nifty 50 advanced 213.35 points to 24,215.10 during…