Category: business

Apr 17 (BNP): sugar production is projected to increase by around 8 per cent to 274.8 lakh tonnes in the 2025-26 season, according to the Indian Sugar & Bio-energy Manufacturers Association (ISMA). The industry body attributed the expected rise to improved production prospects compared to the previous season, supported by…

Apr 17 (BNP): Crude oil prices fell more than 2 per cent in futures trade on Friday, as easing geopolitical tensions and expectations of a possible US-Iran agreement reduced concerns over global supply disruptions. On the Multi Commodity Exchange, crude oil futures for May delivery declined by ₹180, or 2.1…

Apr 17 (BNP): Aditya Birla Capital has announced that its housing finance subsidiary, Aditya Birla Housing Finance Ltd (ABHFL), has raised ₹2,750 crore through the sale of a 14.29 per cent stake to Indriya Ltd, an entity associated with private equity firm Advent International. In a regulatory filing, the company…

Bhubaneswar, Apr 17 (BNP): Former Odisha Chief Secretary Asit Tripathy has been elected as the first president of the newly formed Odisha Steel Producers’ Association (OSPA), which brings together leading steel companies operating in the state. Tripathy, currently serving as an advisor at Jindal Steel, brings extensive experience in governance,…

New Delhi, Apr 17: The Public Relations Council of India (PRCI) has appointed Baldev Raj as the new Chairman of its Delhi Chapter. His appointment follows an unprecedented six-month fast-track from Vice Chairman, a decision seen by industry insiders as a direct response to the powerful momentum built by Raj, whose flagship firm,…

Apr 17 (BNP): India’s logistics industry is expected to witness strong, sustained growth over the coming decade, with estimates placing its value at around $800 billion by 2030 and close to ₹120 trillion by 2035. The expansion is being driven by large-scale infrastructure development, policy reforms, and increasing digital adoption across…

Encompass Design India Limited announced the launch of Blisshome, a smart everyday home furnishing brand designed to offer comfortable, functional and stylish bedding solutions for aspirational Indian consumers who lead busy lives. With this launch, Encompass continues to strengthen its home furnishing portfolio, building on the success of Stoa Paris.…

Apr 17 (BNP): Bank lending in India picked up strong momentum in FY26, with credit expanding by 16.08% year-on-year, marking its fastest growth since FY24, when growth had crossed 20%, according to Reserve Bank of India (RBI) data. Deposits also showed healthy traction, rising 13.47% YoY—its strongest pace in the…

New Delhi, Apr 17 (BNP): India is steadily strengthening its position in the global clean energy transition through a combination of policy support, technological development, and industry participation, Union Minister Jitendra Singh said on Thursday. Addressing the World Hydrogen Energy Summit alongside the World Petrocoal Congress in New Delhi, he…

New Delhi, Apr 17 (BNP): India’s share of the global economy is projected to grow steadily over the long term, reaching around 7% by 2050, according to a report by McKinsey & Company. The report attributes this expected rise to a combination of factors, including strong domestic demand, ongoing structural…