Strong Credit Momentum in FY26, Deposit Growth Also Rises: RBI
Apr 17 (BNP): Bank lending in India picked up strong momentum in FY26, with credit expanding by 16.08% year-on-year, marking its fastest growth since FY24, when growth had crossed 20%, according to Reserve Bank of India (RBI) data. Deposits also showed…
India Advancing Green Hydrogen and Nuclear Energy to Boost Clean Power Capacity
New Delhi, Apr 17 (BNP): India is steadily strengthening its position in the global clean energy transition through a combination of policy support, technological development, and industry participation, Union Minister Jitendra Singh said on Thursday.…
India’s Global GDP Share Likely to Reach 7pc by 2050, Says McKinsey
New Delhi, Apr 17 (BNP): India’s share of the global economy is projected to grow steadily over the long term, reaching around 7% by 2050, according to a report by McKinsey & Company. The report attributes this expected rise to a combination of…
India Pushes Trade Expansion as Piyush Goyal Holds Talks with South Korea and Austria
New Delhi, Apr 17 (BNP): India continues to broaden its global economic engagement, with Commerce and Industry Minister Piyush Goyal holding discussions with senior leadership from South Korea and Austria aimed at strengthening trade, investment, and…
Frozen Foods brand Cravicious Foods Expands Manufacturing Capacity with New 125 MT Facility, targets expansion in HoReCa
Noida, April 17: Cravicious Foods Pvt. Ltd. leading brand in frozen foods, has announced the launch of its new manufacturing facility with a production capacity of 125 metric tonnes, marking a significant step in the company’s expansion…
Festive Rush Builds as Digital Gold Gains Popularity Ahead of Akshaya Tritiya
Mumbai, Apr 17 (BNP): With Akshaya Tritiya around the corner, gold buying activity is picking up across the country, and this year, much of the action is happening online. Fintech platforms, financial service providers, and jewellery brands are rolling…
Asian Shares Ease as Investors Turn Cautious Despite US Market Rally
April 17 (BNP): Asian equity markets opened on a softer note Friday, even as US stocks recently touched record highs, with investors choosing caution amid ongoing geopolitical uncertainty. Attention remains focused on whether diplomatic engagement…
Rupee Strengthens in Early Trade as Market Sentiment Improves
Mumbai, Apr 17 (BNP): The Indian rupee moved higher in early trading on Friday, gaining 28 paise to reach 92.86 against the US dollar, supported by a more positive global outlook and firm domestic equities. The currency opened the session at 92.93 in the…
Indian Markets Edge Up in Early Session on Improved Sentiment
Mumbai, Apr 17 (BNP): Indian benchmark indices began Friday’s session on a positive note, buoyed by improving global sentiment and renewed foreign investment. The BSE Sensex rose by 177.52 points to reach 78,166.20 in early trading, while the…
IHCL Announces The Signing Of A Gateway Hotel In Dirang, Arunachal Pradesh
Chandigarh, Apr 17: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of Gateway Dirang, Arunachal Pradesh. This is a greenfield project. Ms. Suma Venkatesh, Executive Vice President – Real…