New Delhi, May 5 (BNP): Indian rupee weakened in early trade on Tuesday, falling 20 paise to 95.43 against the US dollar amid heightened global risk sentiment. Currency traders attributed the decline to renewed geopolitical tensions following fresh military exchanges between the United States and Iran in the Gulf region.…
Continue ReadingCiti India appoints Raj Rathi as Head of Mergers & Acquisitions
Chennai, May 5: Citi India has announced the appointment of Raj Rathi as Head of Mergers & Acquisitions (M&A) in India, effective June 2026. Based in Mumbai, Raj will also take on sector coverage for Digital Infrastructure, Electronic Manufacturing Services (EMS), and select B2B commerce companies. In his new role,…
Continue ReadingMumbai–Ahmedabad Bullet Train Project Completes Key Portal Beam Installation
Mumbai, May 5 (BNP): The Mumbai–Ahmedabad high-speed rail project has reached a significant engineering milestone with the successful installation of five heavy portal beams over active railway tracks at Maninagar in Ahmedabad. The work, completed within 22 days, involved the placement of precast, prestressed portal beams designed to support the…
Continue ReadingPiyush Goyal Reviews FTA Progress, Charts Strategy to Boost India’s Exports
New Delhi, May 5 (BNP): Union Minister of Commerce and Industry Piyush Goyal chaired a high-level review meeting with senior officials to assess the progress of India’s ongoing Free Trade Agreement (FTA) negotiations and to chart a strengthened export strategy. Held a review meeting with key officers and chief negotiators…
Continue ReadingVijay Scripts Historic Debut Victory, Tamilaga Vettri Kazhagam (TVK) Reshapes Tamil Nadu Politics
Chennai, May 5 (BNP): In a landmark political development, actor-turned-politician Vijay has secured a historic victory in the 2026 Tamil Nadu Assembly elections, leading his party, Tamilaga Vettri Kazhagam, to a sweeping mandate. Making his electoral debut from the Perambur constituency, Vijay won decisively and formally received his victory certificate,…
Continue ReadingUAE Fully Restores Air Traffic Operations Following Temporary Disruptions
May 5 (BNP): The United Arab Emirates has lifted all air traffic restrictions, restoring normal flight operations across its airspace after nearly 10 weeks of disruption linked to regional conflict earlier this year. The General Civil Aviation Authority (UAE) confirmed the full resumption of normal air navigation services, ending temporary measures…
Continue ReadingAuto Demand Cycle Expected to Stay Strong Through CY26, Says Report
New Delhi, May 5 (BNP): India’s automobile sector is expected to maintain its growth momentum over the next two to three quarters, with strong demand likely to persist through calendar year 2026, according to a report by Antique Stock Broking. The industry has entered FY27 on a positive note, recording healthy…
Continue ReadingNational Stock Exchange of India Launches Electronic Gold Receipts for Transparent Trading
New Delhi, May 5 (BNP): The National Stock Exchange of India (NSE) has introduced Electronic Gold Receipts (EGRs), marking a significant step toward modernising gold trading in the country. The new segment aims to improve transparency and make price discovery more efficient in one of India’s most widely traded commodities.…
Continue ReadingMarkets Slip at Open as Middle East Tensions Push Oil to Dollar 113
New Delhi, May 5 (BNP): Global equity markets opened on a subdued note following renewed geopolitical tensions in the Middle East, which have unsettled investor sentiment worldwide. Concerns over potential disruptions to crude supply routes have led to a sharp increase in oil prices, with benchmarks rising to $113 per…
Continue ReadingAnanth Technologies successfully completes Assembly, integration & Testing of GalaxEye Drishti satellite
Hyderabad, New Delhi, May 05: Ananth Technologies (ATL), one of India’s leading private sector space and defence electronics companies, proudly announces the successful launch of the GalaxEye’s satellite Drishti, for which ATL carried out the complete Assembly, Integration and Testing (AIT). The satellite was successfully placed in its designated orbit,…
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