Category: business

Mumbai, Apr 29 (BNP): Global gold demand recorded a modest but steady rise in the January–March quarter, supported primarily by strong investment buying in bars and coins amid persistent geopolitical tensions and elevated price levels, according to the latest World Gold Council (WGC) report released on Wednesday. Total global gold…

New Delhi, Apr 29 (BNP): India’s credit card spending recorded a strong month-on-month rise in March, increasing by 24% to ₹2,194 billion (₹2.19 lakh crore), supported by seasonal demand and a lower base effect, according to a recent report released on Tuesday. The data indicates that while overall spending saw…

New Delhi, Apr 29 (BNP): Major changes in LPG booking rules, delivery verification, and pricing are expected to come into effect from May 1, along with a continued push towards cleaner fuel usage, according to recent policy updates. Under the revised system, booking intervals for LPG cylinders will be extended.…

Mumbai, Apr 29 (BNP): Systematic Investment Plans (SIPs) in Balanced Advantage Funds are emerging as a disciplined investment approach for retail investors navigating volatile market conditions, according to recent market commentary and investment trends. Balanced Advantage Funds, which dynamically adjust their equity and debt exposure based on market conditions, are…

XTB reported preliminary financial results for the first quarter of 2026: ●      The first quarter of 2026 was the best in XTB’s history in terms of financial performance. During this period, the company generated an estimated net profit of EUR 126 million (+172% y/y), with operating income of EUR 258…

Mumbai, Apr 29 (BNP): The Indian rupee traded weaker in early session on Wednesday, declining 13 paise to 94.81 against the US dollar, as higher global crude oil prices and persistent dollar demand weighed on market sentiment. The currency opened at 94.79 in the interbank foreign exchange market and slipped…

Apr 29 (BNP): Brevistay has integrated with the unified payment infrastructure of Unlimit to simplify and accelerate its payment operations across India and global networks. The collaboration is designed to remove the complexities of fragmented payment systems and deliver a smoother, faster transaction experience for users. By adopting Unlimit’s programmable…

Mangaluru, Apr 29 (BNP): Union Finance Minister Nirmala Sitharaman said that India’s Viksit Bharat vision is centered on inclusive development and shared prosperity, moving beyond traditional measures of economic growth such as GDP. Speaking at an event at NITTE, she stressed that India must view development as an ongoing journey…

New Delhi, Apr 29 (BNP): India is expected to remain relatively stable and resilient despite increasing uncertainty in the global economy, according to a report by the Bank of Baroda. The report highlights that the global economic environment is currently facing several challenges, including geopolitical tensions, fluctuating commodity prices, and…

New Delhi, Apr 29 (BNP): India must adopt a comprehensive and long-term policy approach to address the growing risks arising from currency depreciation, imported inflation, and a widening balance of payments (BoP) deficit, according to a recent report by the State Bank of India. The report underscores that the primary…