Category: Business

  • Nari Shakti Vandan Act 2023: A Great Step towards Women Empowerment, aver experts at Amity

    Nari Shakti Vandan Act 2023: A Great Step towards Women Empowerment, aver experts at Amity

    Amity University Uttar Pradesh Noida campus organized a Panel Discussion on “Nari Shakti Vandan Act 2023: Road Map for Women’s Political Representation in India”, as part of the awareness campaign on the Nari Shakti Vandan Act 2023” (Women’s Reservation Bill, 2023). 

    Addressing the gathering during the Panel Discussion, Ms Kummu Joshi Bhatnagar, Chairperson, Mohan Chandra Joshi Industries, Founder and President at Jagriti Leela Memorial Foundation, averred, “The Act recognizes the role of women and is a great step towards women empowerment. This is one of the most important decisions of the 21st century with the provision of giving 33 percent reservation to women in the Lok Sabha, Rajya Sabha and Vidhan Sabha., which is crucial to increase the participation of Indian women in politics. The Act will come into force after the new delimitation, under which the participation of women in local bodies will increase, all political parties will have to give tickets to 33 percent women, along with organizing more training programs for young and aspiring women. This Act will bring balance in the political system, including steps towards inclusive democracy and the development of the country.”

    Dr Seema Nath, Assistant professor, Computer Science, Vivekananda College, University of Delhi, said, “The Nari Shakti Vandan Adhiniyam 2023 is a historic step that will enhance women’s participation in democracy. Educational institutions should inform girl students about their constitutional rights, honour women scholars and alumni and promote women leadership. Students must cast their vote and should be aware of their constitutional rights. In addition, they must come forward and work for the society.”

    Prof. (Dr.) Sanjeev Bansal, Addl. Pro Vice Chancellor, said, “The Act represents a meaningful step towards advancing women’s empowerment and encouraging their active participation in nation-building. At Amity, women leadership is always promoted and more than 50% of the Head of Institutions and faculty members are women.”

    Ms Sejal Jhakmola, Senior Policy Associate, Manthan, stated, “Women are not given their due in many places, specially in the rural areas and even today, the concept of Sarpanch Pati is prevalent in many rural areas, where all the decisions of the female Sarpanch are taken by her husband. It must be ensured that the avenues open to women under this Act increase their participation in the decision-making process. Today, the share of women in Parliament is 10 to 15 per cent, which needs to be increased. The country can become develop when women participation increases in various areas and they play their role as  policy-makers.” 

    Welcoming the guest, Prof. (Dr.) Laxmi Ahuja, Officiating Dean Students Welfare, AUUP, said, “The Panel Discussion will help in promoting awareness and understanding of the implementation of the Women’s Reservation Act and highlight its significance in strengthening women’s political representation in India.”

  • India’s Gold Market Shows Resilience Ahead of Akshaya Tritiya, Investment Demand Rises

    New Delhi, Apr 18 (BNP): Gold demand in India is expected to remain resilient ahead of Akshaya Tritiya, supported by cultural traditions, shifting consumer preferences, and continued interest in precious metals as a safe-haven asset amid global uncertainty.

    India’s Gold Market Shows Resilience Ahead of Akshaya Tritiya, Investment Demand Rises

    The outlook comes as gold prices have risen significantly over the past year, with industry estimates indicating an increase of around 14–16% year-to-date and a much sharper rise compared to the same festive period last year. Despite higher prices, demand has not weakened, but has instead adjusted in form and buying patterns.

    Market participants note that Akshaya Tritiya continues to be one of the most important gold-buying occasions in India, symbolising prosperity and long-term value creation. While volatility in global markets has influenced short-term sentiment, periods of price stability and mild corrections are encouraging steady retail participation.

    Industry voices highlight a clear shift in consumer behaviour. Traditional jewellery demand remains strong, but buyers are increasingly opting for lightweight jewellery, coins, and bars, where value is closely tied to purity and metal content. Investment demand is also expanding, with growing interest in digital gold and gold exchange-traded funds (ETFs), reflecting a more structured approach to wealth creation.

    Silver is also gaining attention, supported not only by investment demand but also by industrial usage in sectors such as renewable energy and electronics, adding a new layer of long-term demand strength.

    Platforms are also leveraging festive sentiment to engage consumers. Financial services companies such as BharatPe have introduced campaign-based initiatives like the ‘Akshaya Tritiya Gold Mahotsav’, offering rewards and incentives on digital gold purchases, reflecting the increasing digitisation of gold investment.

    Experts expect near-term price fluctuations to continue, influenced by global macroeconomic conditions, currency movements, and geopolitical developments. However, the broader outlook for precious metals remains supported by sustained central bank buying, portfolio diversification trends, and gold’s continued role as a hedge against uncertainty.

    Overall, the market outlook suggests that while buying patterns are evolving, gold and silver continue to hold a strong position in both cultural and investment portfolios across India.

  • India’s Power Demand Recovery to Fuel Renewable Energy Expansion

    New Delhi, Apr 18 (BNP): Jefferies has projected a significant expansion in India’s renewable energy capacity, estimating it could reach around 359 GW between FY25 and FY30. The outlook reflects a growing emphasis on energy security, evolving demand patterns, and continued policy support for clean energy development.

    According to the report, India’s power demand is expected to recover strongly, with growth potentially reaching around 6% by FY27, supported by improving industrial activity and broader economic normalization. Seasonal and climatic factors are also expected to influence consumption trends in the coming years.

    Weather conditions linked to a likely El Niño phase during the upcoming monsoon season could further impact electricity usage. Lower rainfall typically increases demand from households and agriculture, where electricity is widely used for cooling, irrigation, and pumping activities.

    While renewable energy remains a central pillar of India’s long-term energy strategy, the country continues to expand thermal capacity to ensure grid stability and meet rising demand. Additional thermal power projects are planned over the next decade to support a balanced and reliable energy mix.

    The report also highlights strong momentum in domestic solar manufacturing, supported by government-led initiatives such as rooftop solar programs and agricultural solar pump schemes. These initiatives are increasing installed capacity while encouraging greater use of locally manufactured components.

    Policy measures aimed at strengthening domestic production of key solar materials, including ingots and wafers, are expected to further deepen backward integration in the renewable energy supply chain. However, the capital-intensive nature of these investments may favour companies with strong financial capacity.

    Overall, the report suggests that India’s energy transition will be shaped by a combination of rising demand, policy support, manufacturing growth, and the need to maintain energy security in a changing global environment.

  • India, Austria launch fast-track system to boost investment ties

    New Delhi, Apr 18 (BNP): India and Austria have jointly introduced a bilateral fast-track mechanism aimed at improving investment flows and strengthening economic cooperation between the two countries.

    The newly launched system is designed to support businesses and investors by providing a structured platform to address challenges, streamline processes, and enhance the overall ease of doing business. It will enable companies from both countries to raise concerns, seek quicker resolutions, and engage directly with relevant authorities.

    The mechanism is expected to reduce procedural delays and create a more efficient and predictable investment environment. It also encourages the exchange of suggestions between the two sides to further improve regulatory frameworks and business conditions.

    A fast-track mechanism refers to a dedicated system that accelerates approvals and resolves issues faced by investors in a timely manner. By simplifying procedures and improving coordination, it helps businesses operate more smoothly and with greater confidence.

    This initiative marks a significant step toward deepening bilateral economic ties and fostering greater collaboration between businesses in India and Austria.

  • Oil prices drop, global markets rally on easing US-Iran tensions

    Apr 18 (BNP): Global financial markets saw a strong upswing after tensions between the United States and Iran showed signs of easing, lifting investor confidence across regions.

    Oil prices declined sharply as fears of supply disruptions eased, particularly around the Strait of Hormuz, a critical route for global crude shipments. The earlier spike in prices, driven by geopolitical uncertainty, began to reverse as stability returned to the region.

    Equity markets responded positively to the development. Major indices in the United States recorded notable gains, with technology and consumer sectors leading the rally. Lower oil prices also raised expectations of reduced inflationary pressure, further supporting market sentiment.

    European and Asian markets followed the upward trend, reflecting a broader sense of relief among investors. Sectors sensitive to fuel costs, such as aviation and logistics, performed well, while energy stocks came under pressure due to falling crude prices.

    Despite the optimism, market participants remain watchful. The sustainability of the current rally depends on how long the geopolitical calm holds, as any renewed tensions could quickly impact oil prices and global equities.

  • FLO Hyderabad presents “Unscripted: Life, Legacy & Reinvention” Featuring Neena Gupta and Masaba Gupta

    FLO Hyderabad presents “Unscripted: Life, Legacy & Reinvention” Featuring Neena Gupta and Masaba Gupta

     

     Women’s Reservation Bill Marks a Defining Moment—Leadership Begins Here.  The Next MP or MLA could already be in this room” — Seetha Reddy, Chairperson, FLO 

    Hyderabad | Apr 18: FICCI Ladies Organisation (FLO) Hyderabad, under the leadership of Chairperson Seetha Reddy, hosted “Unscripted: Life, Legacy & Reinvention” at ITC Kohenur on Friday evening, bringing together acclaimed actor Neena Gupta and celebrated designer-entrepreneur Masaba Gupta for an engaging and candid conversation on resilience, reinvention, and individuality.

    Delivering her welcome address, Seetha Reddy said: “As we step into this milestone 25th year of FLO Hyderabad, it is a moment of both reflection and renewed purpose. ‘Unscripted’ is not just a conversation—it is a reminder that every woman’s journey is unique, evolving, and powerful. Through platforms like these, we hope to inspire women to embrace their own narratives with confidence, to step forward, be heard, and lead. Because real change happens when every voice matters—and when every voice rises together.”

    She further added, “This is truly a defining moment for all of us as women. I would also like to acknowledge the importance of the Women’s Reservation Bill. If the bill passed,  it is only a matter of time before we see familiar FLO faces stepping into leadership roles—perhaps the next MP or MLA is already in this room.”

    The mother-daughter duo was in conversation with Seetha Reddy. Opening the session, Masaba Gupta reflected on carving her own path, saying that while being the daughter of accomplished parents could have been pressurising in fields like sports or acting, she never felt that burden in fashion. “I experienced it as a positive pressure,” she noted.

    Neena Gupta, in her candid and characteristic style, shared her life philosophy: “Kaam maangne mein sharam nahi honi chahiye (one should never hesitate to seek work), but paise maangne mein sharam honi chahiye (one must be mindful when asking for money). Work is worship. If you work hard, there is no time for depression. No work is small. If you are educated and willing to work, you will never go hungry.”

    She further added, “There is no point in being shy. Sell your expertise. Be honest with yourself, but you don’t need to display everything outwardly. Make the most of what you have.”

    Reflecting on her career, Neena Gupta shared that she experienced true success at the age of 60 with her role in Badhaai Ho. “That film brought me recognition and renewed appreciation. Suddenly, I was seen differently. Success changes perceptions,” she said with her trademark humour, adding that she became more selective with roles after that phase.

    Masaba Gupta, speaking about entrepreneurship, highlighted the importance of instinct and decision-making. “If I had learned to say ‘no’ earlier, I might have been a better entrepreneur. It’s difficult, but necessary. I am not driven by trends or the market—I follow my gut and aim to set trends,” she said.

    She also shared a lighter personal note: “For my mother and me, jewellery shopping is therapeutic—it’s a joyful space.” She added that both jewellery and beauty ventures are extensions of her creative expression.

    Addressing the realities of entrepreneurship, Masaba noted, “The founder’s journey is inherently lonely. Decision-making is often solitary. But success or failure is never final—what matters is to keep going and not give up.”

    On financial prudence, Neena Gupta remarked, “I am an FD (Fixed Deposit) person. I have always taken a cautious approach to money. Whether in failure or success, I never had the luxury of dwelling in depression.”

    In her closing message, Neena encouraged the audience to pursue passion: “Have a shauk (deep desire), and you can achieve anything.”

    Masaba concluded with a practical insight: “In life, you don’t always get what you deserve—you get what you negotiate.”

    The session, part of FLO Hyderabad’s landmark 25th-year celebrations, explored personal journeys shaped by courage, authenticity, and reinvention across life stages. The conversation offered valuable insights into navigating challenges, embracing change, and building meaningful legacies.

    The event also set the tone for FLO Hyderabad’s Silver Jubilee year, reflecting on 25 years of empowering women through leadership, entrepreneurship, and social impact. Over the years, the chapter has driven significant transformation—supporting women-led enterprises, enabling artisanal clusters to generate over INR 1 crore in sales, impacting more than 600 weavers and artisans, and nurturing over 900 women entrepreneurs.

    Seetha Reddy further emphasised that FLO Hyderabad’s journey has been built on vision and collective effort. Key initiatives include the FLO Industrial Park spanning over 50 acres, generating more than 1,500 jobs and attracting investments exceeding INR 250 crore; digital skilling and financial literacy programs reaching over 50,000 women; and sustained artisan support impacting thousands across urban and rural communities.

    In its 25th year, FLO Hyderabad will focus on promoting Banjara needlecraft, supporting its evolution through design innovation and enhanced market access.

    The event also marked the launch of an exciting annual calendar, including entrepreneurship bootcamps, youth engagement initiatives, financial literacy programs, and flagship platforms such as StyleTatva, which celebrates women-led businesses and creative enterprises.

    With “Unscripted,” FLO Hyderabad reaffirmed its commitment to creating platforms where stories are shared, voices amplified, and women empowered to lead with purpose.

     


  • Radisson Hotel Group Marks Earth Day 2026 with Strong Sustainability Initiatives Across India

    April 17 (BNP): Radisson Hotel Group reaffirmed its commitment to sustainable growth and responsible tourism this Earth Day, with a series of impactful initiatives across its hotels in India. As the Group expands its footprint, particularly in Tier 2 and Tier 3 cities, it continues to prioritise environmental stewardship alongside business growth.

    Amid rising travel demand and increasing concerns around overtourism, the hospitality sector faces growing pressure on natural ecosystems and local communities. In response, Radisson Hotel Group is advancing sustainability through energy efficiency, resource conservation, community engagement, and eco-conscious guest experiences.

    Driving Action Across Key Properties

    Radisson Resort & Spa Lonavala: Immersive Sustainability & Community Engagement
    The resort is celebrating Earth Day with a range of initiatives designed to engage guests and local communities. Activities include guided nature walks and eco-trails to promote awareness of biodiversity, along with tree plantation and cleanliness drives involving team members. The property continues to adopt eco-friendly practices such as solar energy usage, water conservation systems, efficient waste management, and the elimination of single-use plastics. Guests can also participate in interactive sessions, including children’s “Our Power, Our Planet” activities, while sustainable dining initiatives highlight locally sourced ingredients.

    Park Inn by Radisson Navi Mumbai: Grassroots Impact and Resource Conservation
    The hotel is focusing on community-driven sustainability efforts through a street cleanliness drive around the property, encouraging collective responsibility for public spaces. Additionally, it has implemented minimum-pressure water usage practices across operations to reduce consumption while maintaining service standards.

    Radisson Blu Ludhiana: Energy Transformation and Efficiency
    Radisson Blu Ludhiana is making significant strides in reducing its carbon footprint through electrification. By transitioning from diesel-based systems to electric boilers and heat pumps, the hotel has reduced diesel consumption by approximately 200 litres per day and achieved daily cost savings of nearly ₹9,000, translating to annual savings of ₹31–33 lakh. Electrification of laundry operations alone has delivered monthly savings of around ₹4.47 lakh. The property is also planning to introduce solar energy solutions (382 kWp) and is in the process of obtaining ISO 14005 certification.

    A Commitment to Sustainable Growth

    As the hospitality industry continues to expand, Radisson Hotel Group emphasises that future growth must be guided by responsibility, innovation, and collaboration. Through these initiatives, the Group aims to reduce environmental impact while preserving the destinations it operates in.

    This Earth Day, the Group reinforces its long-term vision of creating a sustainable hospitality ecosystem—one where tourism not only thrives but also contributes to environmental preservation and community well-being.

    Business News For Profit

  • Rupee Strengthens to 92.95; Commodities Trade Mixed

    Apr 17 (BNP): The Indian rupee rose by 25 paise to 92.95 against the US dollar in early trade on Friday, supported by improved domestic market sentiment and easing pressure on the currency.

    The rupee opened stronger compared to its previous close of 93.20, aided by positive cues from equity markets and expectations of easing geopolitical tensions. Reports suggesting that the Reserve Bank of India may have advised state-run oil refiners to use a special credit line instead of dollar purchases also supported sentiment.

    However, gains were limited due to continued strength in the US dollar in global markets.

    In commodities, gold futures traded in a narrow range, while silver edged higher during the session before cooling off from intraday highs. Analysts said the overall trend remains cautiously positive, but needs stronger momentum for a sustained move.

    Crude oil prices also slipped in global trade, with Brent and US WTI both declining amid easing geopolitical concerns and shifting supply outlook expectations.

    Overall, markets remained driven by global cues, dollar movement, and geopolitical developments.

     
  • Silver Gains on Global Cues, Hits INR 2.51 Lakh/kg

    Apr 17 (BNP): Silver prices rose sharply in futures trade on Friday, tracking positive global cues and improved investor sentiment.

    On the Multi Commodity Exchange, silver for May delivery climbed ₹3,371, or 1.36 per cent, to ₹2,51,999 per kilogram.

    The rise in prices was supported by a weaker US dollar and easing geopolitical tensions in West Asia, which boosted demand for safe-haven assets in global markets.

    Analysts said the metal also gained strength from supportive international trends, as investors reacted to a softer dollar and improving risk sentiment across commodities.

  • Lava Gears Up To Unveil New Smartphones And Feature Phones Across Key Segments

    Lava is set to expand its portfolio with a new lineup of smartphones and feature phones. Building on the success of its Shark and Bold smartphone series, the upcoming products in the under ₹15,000 segment are designed to deliver smooth performance and practical features for everyday usage.

    SMARTPHONES

    The following smartphones under the ₹15,000 segment are set to launch in April 2026 –

    SHARK 2 – 5G

    After the success of Shark 5G series, the next-generation Shark 2 5G is set to launch as a practical offering for users stepping into 5G for the first time. Focused on everyday usage, the device will feature a 6.75” HD+ display and a large battery, making it well-suited for content consumption and all-day performance.

     BOLD N1 5G (New Variant)

    Following the strong response to the Bold series and driven by consumer demand for higher memory variants, Lava is introducing a new 6GB + 128GB variant of the BOLD N1 5G. With enhanced aesthetics, the device will be more appealing to users. Positioned for practical, day-to-day usage, it will combine higher memory with a 13MP AI dual rear camera and a large HD+ display.

    FEATURE PHONES

    Feature phones continue to hold a significant market share, particularly across Tier 2, 3, and 4 markets, where demand remains steady. Usage is driven by both regular lifestyle needs and emergency scenarios. In this price-sensitive market, consumers continue to prioritise long battery life and ease of use, while their expectations are increasingly shifting towards better features and enhanced utility.

    Lava’s upcoming feature phone lineup is designed to address these evolving consumer needs.

    LAVA HERO SHAKTI 2026

    Lava is set to introduce Hero Shakti 2026 as an accessible device built for essential communication. With a 1.8” display, 1000mAh battery, and Type-C charging, it is positioned to offer a simple, dependable experience for mass users.

    LAVA A7 TORCH 2026

    Designed with a strong focus on utility, the A7 Torch 2026 caters to users who prioritise functionality and reliability. Featuring a 2.4” display, a 2575mAh battery, and a built-in torch with side switch, the device is well-suited for practical, everyday scenarios.

    MOTO A300 2026

    Positioned in the under ₹1,500 segment, the Moto A300 2026 is designed for users seeking a simple and reliable mobile experience for everyday communication. With a 2.0” display, a 1000mAh battery, and Type-C charging, it focuses on convenience and ease of use.