April 16: V-Guard Industries Ltd., one of India’s leading consumer electronics and electrical brands, announced the launch of India’s First Multi-Ion Inverter a breakthrough in inverter technology designed for universal battery compatibility. This innovation addresses a fundamental consumer challenge in the home power backup: as battery technologies evolve, consumers have…
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Stock Markets End Lower as Profit Booking Hits Financial Shares
Apr 16 (BNP): Indian equity markets ended lower on Thursday after a volatile trading session, as investors booked profits in banking and financial stocks following a recent rally. The Sensex closed 122.56 points, or 0.16%, lower at 77,988.68. During the day, the index swung sharply, touching an intraday high of…
Continue ReadingIndia’s 10-Year Bond Yield May Dip Below 7 pc by June: Report
Apr 16 (BNP): India’s benchmark 10-year government bond yield may ease below the 7% level by June, although short-term volatility is likely to continue due to global and domestic economic factors, according to a report. The report notes that bond yields saw sharp fluctuations in March, mainly driven by rising…
Continue ReadingMF Bharat App to Expand Mutual Fund Access for Gig Workers in Smaller Cities
Apr 16 (BNP): MF Bharat, the mutual fund investment platform operated by iPrudent (formerly Prudent Asset India Pvt Ltd), has announced a new initiative aimed at improving financial inclusion among gig workers and investors in Tier 2 and Tier 3 cities. The programme seeks to simplify access to mutual fund…
Continue ReadingEquity Mutual Fund AUM Rises 17pc in March on Sustained Investor Inflows
Apr 16(BNP): India’s equity-oriented mutual funds registered a strong 17.38% year-on-year increase in average assets under management (AUM) in March, driven by consistent and diversified investor inflows across multiple fund categories. The growth was largely supported by strong participation in flexi-cap, mid-cap, and thematic funds, indicating that investors are increasingly…
Continue ReadingMMTC-PAMP Appoints Abhishek Kumar As Head of Consumer Business
Mumbai, April 16: MMTC‑PAMP, India’s only LBMA‑accredited gold and silver refiner, has announced the appointment of Abhishek Kumar as Head of Consumer Business, effective immediately. This strategic leadership move strengthens the company’s focus on accelerating growth in the Minted Coin & Bars and recycling segment across channels, deepening consumer engagement, and…
Continue ReadingMumbai to Conduct Tree Census After 8 Years
Apr 16 (BNP): Mumbai is set to begin a fresh tree census next week, ending an eight-year gap since the last comprehensive count, the Brihanmumbai Municipal Corporation (BMC) has announced. The citywide exercise, expected to take nearly 18 months, will map and document trees across different zones, providing an updated…
Continue ReadingJeanologia unveils a new sustainable textile finishing model powered by AI, laser and ozone at Indo Intertex
Valencia (April 16, 2026).Jeanologia, a global leader in eco-efficient technologies for the textile industry, is taking part in Indo Intertex 2026, held from April 15 to 18 at the Jakarta International Expo (Indonesia), bringing together manufacturers, production managers, and industrial decision-makers from across the textile value chain in the Asia-Pacific…
Continue ReadingGAIL to Develop 600 MW Solar Project with Battery Storage in Uttar Pradesh
Apr 16 (BNP): GAIL (India) Limited has entered into an agreement to develop a 600 MW solar power project in Uttar Pradesh, incorporating an advanced battery energy storage system to enhance reliability and efficiency. The integration of battery storage will help manage the intermittent nature of solar power by storing excess…
Continue ReadingIndia’s Trade Deficit Seen Widening in FY27 on Oil Price and Global Risks
Apr 16 (BNP): India’s trade deficit could expand in the financial year 2026–27, driven by global economic uncertainty and potential volatility in crude oil prices, according to a recent report. Rising geopolitical tensions and fluctuations in global demand are expected to put pressure on exports, while higher oil prices may…
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