New Delhi, May 6 (BNP): Online travel platform EaseMyTrip has reported a strong double-digit increase in adoption of its airport-related services, reflecting growing demand for enhanced travel convenience and premium passenger experiences. The company noted that services such as Duty-Free assistance and Meet & Greet facilities have emerged as the…
Continue ReadingIndia Services Growth Hits 5-Month High in April
May 6 (BNP): India’s services sector gained momentum in April, rising to a five-month high as stronger demand and new business orders supported overall expansion, according to the latest HSBC Services PMI data compiled by S&P Global. The seasonally adjusted index increased to 58.7 in April from 58.5 in March, marking…
Continue ReadingIndian Firms Announce Dollar 20.5 Billion Investment in US
New Delhi, May 6 (BNP): Indian companies have announced a record $20.5 billion investment commitment in the United States during the SelectUSA Summit, highlighting strong and growing economic engagement between the two countries. About 12 Indian firms confirmed immediate investment deals across key sectors including technology, manufacturing, and clean energy.…
Continue ReadingMagna Systems Builds the Future Broadcast Stack at BroadcastAsia 2026
20-22 May at Singapore Expo on stand 5D1-1 SINGAPORE, May 06– Magna Systems will once again play a prominent role at this year’s BroadcastAsia show (part of Asia Tech x Singapore – ATXSG) as it demonstrates the very latest solutions from its technology partners involved in Building the Future Broadcast Stack. Magna…
Continue ReadingCabinet Approves ECLGS 5.0, INR 2.55 Lakh Crore Credit Support for Businesses
New Delhi, May 6 (BNP): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the fifth version of the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) to support businesses facing liquidity stress due to ongoing disruptions linked to the West Asia situation. The scheme aims to facilitate an…
Continue ReadingCanon India Launches First-of-its-Kind ‘Canon Wizard’ Program to Drive Growth in Wedding Imaging Ecosystem
New Delhi, May 6: Canon India, one of the leading digital imaging companies, is advancing its commitment to the wedding imaging community through ‘Canon Wizard’, a first-of-its-kind initiative that brings together some of India’s most renowned wedding studios on a single platform, offering them access to Canon’s wider imaging ecosystem along…
Continue ReadingADB Plans Dollar 70 Billion Boost for Asia-Pacific Energy and Digital Links
Samarkand, Uzbekistan, May 6 (BNP): The Asian Development Bank (Asian Development Bank) has announced plans to support $70 billion in new energy and digital infrastructure initiatives across Asia and the Pacific by 2035, aimed at strengthening regional connectivity, sustainability, and economic growth. The initiatives include two major programs—the Pan-Asia Power…
Continue ReadingCement Sector Faces Near Term Pressure Amid Weak Demand Outlook
New Delhi, May 6 (BNP): The cement industry is expected to face a subdued demand environment in the near term, with rising cost pressures likely to impact profitability over the next one to two quarters, according to a recent industry report. The report indicates that slower construction activity and uneven…
Continue ReadingIndia’s Automobile Sector Outlook Remains Positive for FY27 Despite Global Challenges
New Delhi, May 6 (BNP): India’s automobile industry is expected to maintain a positive growth outlook for FY27, even amid ongoing global economic uncertainties, according to a recent industry report. The report highlights that strong domestic demand, improving supply chains, and continued policy support are likely to drive the sector’s…
Continue ReadingIndia–New Zealand Deal May Unlock Dollar 20B Investment
New Delhi/Wellington, May 6 (BNP): A new “single desk” investment facilitation initiative between India and New Zealand is projected to unlock nearly $20 billion in investments over the coming years, according to New Zealand Investment Minister Todd McClay. The initiative aims to streamline investment procedures through a unified platform, making…
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