New Delhi, Apr 20 (BNP): India’s trade engagement with its Free Trade Agreement (FTA) partners has strengthened, with their share in the country’s overall trade rising to 28.8%, according to an assessment by NITI Aayog. The report highlights that while trade diversification is gradually improving, India’s export basket remains heavily…
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Over 39,000 Users Voluntarily Surrender LPG Connections as PNG Adoption Rises
New Delhi, Apr 20 (BNP): A nationwide appeal to encourage a shift towards cleaner cooking fuel has gained strong response, with more than 39,000 piped natural gas (PNG) users voluntarily surrendering their LPG connections, according to official data. The initiative, aimed at promoting cleaner and more efficient energy usage, is…
Continue ReadingMeesho Allocates Over 94.79 Lakh Shares to Employees Under ESOP Scheme
New Delhi, Apr 20 (BNP): E-commerce platform Meesho has allotted 94,79,380 equity shares to eligible employees under its Employee Stock Ownership Plan (ESOP), reinforcing its focus on employee participation in long-term value creation. According to a regulatory filing, the allotment was approved by the company’s Nomination and Remuneration Committee through…
Continue ReadingTier 2 & 3 Cities Drove 66 percent of new D2C orders in FY 2026: Unicommerce Analysis
Mumbai, Apr 20: India’s smaller cities are driving the next phase of growth for direct-to-consumer (D2C) brands. According to Unicommerce’s latest D2C market insights, nearly 66% of the new D2C orders in FY 2026 came from buyers in Tier 2 & 3 cities in India. This shift is also reflected…
Continue ReadingMoneyboxx Finance raises INR 350 million from IndusInd Bank and STCI Finance
New Delhi, Apr 20: Moneyboxx Finance Limited, a non-Banking Finance Company dedicated to impact financing for small and micro entrepreneurs in semi-urban and rural India, has secured total term funding of INR 350 million from multiple lenders. The funding includes INR 15 crore from STCI Finance Limited, sanctioned on February…
Continue ReadingSAEL Launches 600 MW Solar Plant in Andhra Pradesh, Boosts Clean Energy Capacity
New Delhi, Apr 20 (BNP): SAEL Industries has operationalised a 600 MW solar power project in Kurnool, Andhra Pradesh, further strengthening India’s renewable energy infrastructure. The large-scale project, spread across over 2,400 acres, has been developed in two units of 300 MW each through its subsidiary companies. The plant will…
Continue ReadingIndia, South Korea Push to Upgrade CEPA to Deepen Trade and Investment Ties
New Delhi, Apr 20 (BNP): India and South Korea have renewed efforts to strengthen their economic partnership, with Union Commerce Minister Piyush Goyal holding discussions with his South Korean counterpart on upgrading the existing Comprehensive Economic Partnership Agreement (CEPA). The talks focused on making the trade pact more aligned with…
Continue ReadingToshiba Unveils Z670SP Series, Its First MiniLED TV Range with Front Firing Speakers, 144Hz Performance, and REGZA Intelligence
Apr 20: Toshiba, a global consumer electronics leader, today announced the launch of its first MiniLED television lineup with front firing speakers, the Z670SP series, in India. The new range combines Toshiba’s signature Japanese elegance and design precision with advanced display and audio technologies. Designed to deliver fluid visuals, immersive…
Continue ReadingRupee Edges Higher to 92.78 as Crude Oil Slumps Over 5 pc, Easing Import Pressure
Mumbai, Apr 20 (BNP): The Indian rupee opened on a firmer note on Monday, gaining 13 paise to 92.78 against the US dollar, supported by a sharp decline in global crude oil prices and a mildly improved risk tone in early trade. The domestic currency found relief as Brent crude,…
Continue ReadingTrade Deals, Softening Oil Prices May Help Narrow India’s Trade Deficit: BoB Report
New Delhi, Apr 20 (BNP): India’s record trade deficit is expected to ease in the coming months, supported by anticipated trade agreements and a possible decline in global crude oil prices, according to a recent report by Bank of Baroda. The report notes that elevated imports, particularly of energy products,…
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