Apr 17 (BNP): India will continue importing Russian crude oil and liquefied petroleum gas (LPG) even after the expiry of the 30-day US sanctions waiver on April 11, 2026, officials said, according to a report. Officials noted that India’s energy procurement decisions are based on national interest and supply security.…
Continue ReadingCategory: business
India’s Construction Market to Double by 2034
Apr 17 (BNP): India’s construction sector, valued at around $685 billion in 2025, is projected to grow to $1.2 trillion by 2034, expanding at a CAGR of 6.9 per cent, driven by sustained infrastructure investment and urban development, according to a report released on Friday. The report by Savills India…
Continue ReadingIndia Plans 100 GW Nuclear Power Capacity by 2047: CEA Chairperson
Apr 17 (BNP): India is planning a major expansion of its nuclear energy capacity, targeting an increase from the current 8.8 GW to 100 GW by 2047, according to the Chairperson of the Central Electricity Authority (CEA). The roadmap is part of the country’s long-term strategy to strengthen clean energy…
Continue ReadingPHDCCI Hosts Bharat Spices Conclave 2026, Charts Roadmap to Double India’s Spice Economy
New Delhi, Apr 17 (BNP): PHD Chamber of Commerce and Industry (PHDCCI), in association with CATCH, successfully organised the “Bharat Spices Conclave 2026 – Roadmap for Doubling India’s Spice Economy” at PHD House, New Delhi on 17th April, 2026. The conclave brought together key stakeholders from government and industry to engage…
Continue ReadingIndia Attracting Global Capital with Dollar 4.4 Trillion Market Cap
Apr 17 (BNP): India is increasingly being recognised as a stable destination for global investment, supported by a market capitalisation of around $4.4 trillion, according to Tuhin Kanta Pandey. He said the country’s equity markets continue to show resilience, backed by steady economic fundamentals and long-term growth potential. This is…
Continue ReadingIndia’s Sugar Output Expected to Rise 8 pc to 274.8 Lakh Tonnes in 2025-26: ISMA
Apr 17 (BNP): sugar production is projected to increase by around 8 per cent to 274.8 lakh tonnes in the 2025-26 season, according to the Indian Sugar & Bio-energy Manufacturers Association (ISMA). The industry body attributed the expected rise to improved production prospects compared to the previous season, supported by…
Continue ReadingOil Prices Drop as Trump Signals Possible Iran Agreement
Apr 17 (BNP): Crude oil prices fell more than 2 per cent in futures trade on Friday, as easing geopolitical tensions and expectations of a possible US-Iran agreement reduced concerns over global supply disruptions. On the Multi Commodity Exchange, crude oil futures for May delivery declined by ₹180, or 2.1…
Continue ReadingABHFL Secures INR 2,750 Crore Investment from Indriya in Stake Deal
Apr 17 (BNP): Aditya Birla Capital has announced that its housing finance subsidiary, Aditya Birla Housing Finance Ltd (ABHFL), has raised ₹2,750 crore through the sale of a 14.29 per cent stake to Indriya Ltd, an entity associated with private equity firm Advent International. In a regulatory filing, the company…
Continue ReadingAsit Tripathy Elected First President of Odisha Steel Producers’ Association
Bhubaneswar, Apr 17 (BNP): Former Odisha Chief Secretary Asit Tripathy has been elected as the first president of the newly formed Odisha Steel Producers’ Association (OSPA), which brings together leading steel companies operating in the state. Tripathy, currently serving as an advisor at Jindal Steel, brings extensive experience in governance,…
Continue ReadingPRCI Appoints Communication Strategist Baldev Raj to Chair Delhi Chapter
New Delhi, Apr 17: The Public Relations Council of India (PRCI) has appointed Baldev Raj as the new Chairman of its Delhi Chapter. His appointment follows an unprecedented six-month fast-track from Vice Chairman, a decision seen by industry insiders as a direct response to the powerful momentum built by Raj, whose flagship firm,…
Continue Reading