Category: business

New Delhi, Apr 30 (BNP): Global oil markets are likely to move toward balance through demand adjustment in response to recent supply disruptions, according to a new industry report. The report notes that any supply shock in the oil sector is expected to be offset by “demand destruction,” which may…

New Delhi, Apr 30 (BNP): Invest India, the national investment promotion and facilitation agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has facilitated the grounding of 60 projects worth over $6.1 billion across 14 states in FY 2025–26, according to an official statement. These investments are…

Chennai, India Apr 30: A high-level Estonian business delegation, representing Cluster Estonia and led by the Ambassador of Estonia, today visited the manufacturing facility of Polymatech Electronics Limited, India’s first and foremost semiconductor chip manufacturer, at Oragadam, Greater Chennai. The visit marks a defining moment in a partnership that has…

New Delhi, Apr 30 (BNP): ArcelorMittal Nippon Steel India has started operations of a new automotive steel production line at its Gujarat plant, aiming to boost local manufacturing and reduce dependence on imports. The new Pickling Line and Tandem Cold Mill (PLTCM), with a capacity of 2 million tonnes per…

Mumbai, Apr 30 (BNP):  Indian stock markets closed sharply lower on Thursday, with benchmark indices facing significant selling pressure throughout the session. The BSE Sensex declined by 582 points, reflecting broad-based weakness across key sectors. Meanwhile, the NSE Nifty fell below the crucial 24,000 mark, signaling cautious investor sentiment. Market…

New Delhi, Apr 30: The Board of Directors of Cholamandalam Investment and Finance Company Limited (CIFCL) has approved the audited financial results for the quarter and year ended March 31, 2026, delivering strong growth across key business segments. The company reported total Assets Under Management (AUM) of ₹2,42,630 crore, reflecting…

New Delhi, Apr 30 (BNP): Gold prices advanced in futures trade on Thursday, climbing by ₹1,791 to cross the ₹1.50 lakh mark per 10 grams, supported by firm international trends and safe-haven buying. The rise came after the US Federal Reserve held interest rates steady, which boosted demand for gold…

New Delhi, Apr 30 (BNP): Foreign Direct Investment (FDI) into India is expected to exceed $90 billion in the financial year 2025–26, reflecting strong global investor confidence in the country’s economy. According to senior government officials, India has already received over $88 billion in gross FDI between April 2025 and…

 Ras Al Khaimah, Apr 30: Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in the fifth edition of the Make it in the Emirates exhibition, taking place at ADNEC Centre Abu Dhabi from 4 to 7 May 2026, reinforcing its role in advancing the UAE’s industrial landscape and…

Bengaluru Apr 30: Gemini Edibles and Fats India Ltd (GEF India), the makers of Freedom Healthy Cooking Oils, partnered with Vijay Karnataka for Karunada Svaada, a large scale state-wide initiative aimed at remembering and celebrating Karnataka’s lost recipes cookery traditions. 01.11.2025, from 26.04.2026 crowned as VK Karunada Svaada winner. Designed as…