Net Direct Tax Collections Rise 5.1 pc in FY26; Refunds See Marginal Decline
New Delhi, May 5 (BNP): India’s net direct tax collections recorded steady growth in FY26, rising 5.12% year-on-year to ₹23.40 lakh crore, compared with ₹22.26 lakh crore in the previous financial year. The increase reflects combined collections…
Rupee Falls 20 Paise to 95.43 Against US Dollar Amid Gulf Tensions and High Oil Prices
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…
Cloud.in Appoints Amol Shinde as Head of Alliances to Scale Global Partner Ecosystem
Pune, May 05: Cloud.in, a leading cloud solutions and managed services provider, announced the appointment of Amol Shinde as Alliance Head, reinforcing the company’s commitment to deepening its partner ecosystem and accelerating collaborative…
Mumbai–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…
Piyush 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…
Vijay 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…
UAE 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…
Auto 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.…
National 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…
Markets 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…