New Delhi, Apr 13 (BNP): Small finance banks are likely to deliver a strong performance in the fourth quarter of FY26, supported by steady credit demand and improving operational efficiency, according to a recent report. The report notes that while near-term business conditions remain supportive, the sector’s outlook for FY27…
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FIA President Ben Sulayem: “Without Volunteers, We Simply Could Not Go Racing”
Dubai, UAE, 13th April 2026: FIA President Mohammed Ben Sulayem has paid tribute to the thousands of volunteers who make Formula One racing possible, after a landmark study by the Fédération Internationale de l’Automobile revealed the true scale, value and dedication behind the crucial role they play. Conducted by the FIA…
Continue ReadingIMF Tax Advice to India and Other Developing Nations Under Scrutiny: Oxfam
New Delhi, Apr 13 (BNP): India has received a significant share of regressive tax-related recommendations from the International Monetary Fund (IMF) between 2022 and 2024, according to a report by Oxfam. The analysis, released ahead of the IMF and World Bank Spring Meetings in Washington, alleges that the IMF has…
Continue ReadingForeign Investors Continue Heavy Sell-Off in Indian Markets Amid Global Uncertainty
New Delhi, Apr 13 (BNP): Foreign portfolio investors (FPIs) have continued their aggressive selling in Indian equities, pulling out around ₹48,213 crore (about $5.14 billion) during the first 10 days of April, according to market data. The sustained outflow is being driven by rising geopolitical tensions and broader global economic…
Continue ReadingRow Over Paddy Incentives: Sitharaman Rejects Stalin’s Claim
New Delhi, Apr 13 (BNP): Union Finance Minister Nirmala Sitharaman on Sunday dismissed allegations made by Tamil Nadu Chief Minister M. K. Stalin regarding paddy cultivation incentives, calling them “factually baseless” and a “deliberate distortion.” Pic Credit: Pexel Responding to the remarks, she clarified in a post on X that…
Continue ReadingGovt Eases Wheat Export Curbs to Boost Shipments
New Delhi, Apr 13 (BNP): The Government of India has lifted restrictions on wheat exports after a gap of four years, opening the door for increased international demand as several countries line up to purchase Indian wheat. Pic Credit: Pexel Countries including Egypt, Indonesia, Myanmar, and Bangladesh have shown strong…
Continue ReadingGrand Continent Hotels Strengthens Presence in Spiritual Tourism with Rameshwaram Launch
Rameshwaram, Apr 13: Grand Continent Hotels Limited has announced the launch of its new property in Rameshwaram, one of India’s most significant pilgrimage destinations, marking the brand’s 31st hotel. Located on Pamban Island, the contemporary four-star vegetarian hotel reflects the company’s continued focus on expanding in high-demand spiritual and leisure…
Continue ReadingRupee Slides Sharply in Early Trade Amid Global Uncertainty
Mumbai, Apr 13 (BNP): The Indian rupee weakened significantly in early trading on Monday, falling by 49 paise to 93.32 against the US dollar, as global tensions and rising oil prices weighed heavily on the currency. The decline comes amid renewed instability in West Asia, particularly after recent US–Iran talks…
Continue ReadingStocks Decline as Breakdown in US–Iran Talks Fuels Uncertainty
Mumbai, Apr 13 (BNP): India’s benchmark stock indices, the Sensex and Nifty, opened sharply lower on Monday, reflecting growing global anxiety after crucial talks between the United States and Iran ended without an agreement. The failure of the high-stakes negotiations has raised fears that tensions between the two nations could escalate…
Continue ReadingThe General Assembly of Estithmar Holding Approves Financial Results and distributes 20% of capital as share dividends to shareholder for the Year Ended December 31, 2025
Doha, Qatar – Apr 13: Both the Ordinary General Assembly and the Extraordinary General Assembly of Estithmar Holding Q.P.S.C. convened on April 12, 2026, and approved the Company’s financial results for the year ended December 31, 2025. Additionally, the Ordinary General Assembly approved the Board of Directors’ proposal to distribute…
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