Category: News

  • Panic Buying Ends, Petrol Pumps Across Odisha Witness Sharp Drop in Demand

    Bhubaneswar, May 18 (BNP): After witnessing an unprecedented rush and panic buying over the past week, petrol pumps across Odisha wore a deserted look on Sunday as fuel demand dropped sharply following the restoration of regular stock supply.

    Panic Buying Ends, Petrol Pumps Across Odisha Witness Sharp Drop in Demand

    Fuel stations in the Twin City of Bhubaneswar and Cuttack, along with several other towns, reported unusually low customer turnout after days of long queues triggered by rumours of a possible fuel shortage. Many pumps that had temporarily run dry due to panic-driven demand were seen operating normally, with staff waiting idly for customers.

    Petrol dealers said panic buying, amplified by television reports and viral social media posts, had pushed fuel demand far beyond normal levels, disrupting routine tanker delivery cycles and causing temporary shortages at several outlets. However, the situation stabilised after authorities and dealers assured uninterrupted fuel availability.

    Officials of petrol pump associations said a large section of regular customers, who typically purchase fuel in small quantities, had already filled their tanks during the rush, leading to a sharp decline in footfall now. As a result, dealers expect reduced demand to continue for the next few days until fuel consumption returns to normal patterns.

    According to dealers, major petrol pumps in Odisha recorded sales significantly below average on Sunday, with some outlets witnessing nearly a 60–70 per cent drop compared to normal daily business.

    General Secretary of the All India Utkal Petroleum Dealers’ Association and owner of a fuel station in Bhubaneswar, Sanjay Lath, said the panic had eased after people realised there was no disruption in supply. He noted that fuel sales had dropped considerably as consumers who stocked up earlier are unlikely to revisit pumps immediately.

    With supply chains functioning normally and adequate stock available, dealers expressed confidence that the fuel distribution system across the state has returned to stability.

  • Former Agriculture student receives Honorary Doctorate from his University

     Hyderabad’s Agri entrepreneur, who created new export categories for India honoured by UAS Bengaluru

    Hyderabad, May 16, 2026: In a rare and significant recognition, the University of Agricultural Sciences Bangalore conferred an Honorary Doctorate on its former student, Hyderabad-based agripreneur Dr GVK Naidu, Founder and Managing Director of Sam Agritech, during its 60th Convocation Ceremony.

    UAS is India’s premier agricultural university and among the country’s oldest institutions dedicated to agricultural education, research and extension. Thaawarchand Gehlot, Governor and Chancellor of the University of Agricultural Sciences, presided over the function and formally presented the Doctorate.

    Former Agriculture student receives Honorary Doctorate from his University

     

    The honour is considered exceptional, as agricultural universities seldom confer honorary doctorates upon their own alumni. It recognises Dr Naidu’s pioneering contribution to India’s fresh produce export sector and his role in transforming agricultural innovation into globally competitive business models.

    Responding to the recognition, Dr Naidu said, “I never imagined that the university where I once studied would one day honour me with a doctorate. This recognition belongs to the farmers, employees, and partners who have been part of this journey.”

    Founded in 1996, Sam Agritech has emerged as one of India’s leading integrated exporters of fresh and value-added produce. The company has played a key role in developing new export categories from India, including fresh pomegranate arils, fresh-cut coconut chunks, fresh figs, dried arils, and ready-to-eat fruit segments.

    In recent years, the company has also diversified into high-value crops such as Hass avocado cultivation, blueberry initiatives, and almond processing, aligning with evolving global demand trends and expanding India’s horticulture footprint.

    Sam Agritech operates a fully integrated farm-to-market ecosystem across South India, including nurseries, captive farms, high-care processing facilities, and international marketing networks. It is also recognised for establishing multi-locational high-care processing units near cultivation zones, enhancing product freshness and food safety.

    The company adheres to global standards, including HACCP, ISO, Global GAP, BRC, US FDA, SMETA, and Fair Trade certifications, and has made a notable social impact, with over 90 per cent of its workforce comprising women in rural processing operations.

    Industry observers describe the honour as recognition of the growing importance of value addition, innovation, and market-linked agriculture in India’s agri sector.-

  • Gig Workers Call Nationwide 5-Hour Shutdown, Demand Rs 20 Per Km

    New Delhi, May 16 (BNP): Gig workers associated with app-based transport and delivery platforms have announced a five-hour nationwide shutdown demanding better wages, social security benefits and a minimum payment of Rs 20 per kilometre.

    Gig Workers Call Nationwide 5-Hour Shutdown, Demand Rs 20 Per Km

    Representational image

    The protest call, supported by several gig workers’ unions and associations, is expected to affect app-based cab services, food delivery operations and logistics services in major cities across the country.

    Worker representatives alleged that rising fuel prices, increasing maintenance expenses and reduced incentive structures have significantly impacted their earnings in recent months. They claimed that despite rising operational costs, the per-trip payments offered by aggregator platforms remain inadequate.

    Among the key demands raised by the workers are a guaranteed minimum fare of Rs 20 per kilometre, fuel compensation, insurance coverage, social security benefits and transparent payment policies.

    Union leaders said the temporary shutdown is intended to draw attention to the financial challenges faced by lakhs of gig workers who depend on app-based services for their livelihood. They also urged the central and state governments to frame comprehensive welfare policies for workers in the gig economy sector.

    Meanwhile, commuters and customers in several metropolitan cities may face inconvenience during the protest period due to reduced availability of ride-hailing and delivery services.

    Several aggregator companies are yet to issue detailed responses regarding the shutdown call and the demands raised by workers.

  • Rupee Breaches 96-Mark for First Time, Hits Historic Low Against Dollar

    Mumbai, May 15 (BNP): The Indian Rupee plunged to a historic low on Friday, breaching the 96-mark for the first time against the US Dollar amid rising crude oil prices, a stronger American currency and escalating geopolitical tensions in West Asia.

    Rupee Breaches 96-Mark for First Time, Hits Historic Low Against Dollar

    The domestic currency touched an all-time low of 96.14 during intra-day trade in the interbank foreign exchange market, falling 50 paise from its previous close of 95.64 on Thursday. The rupee had opened at 95.86 before slipping further during the trading session.

    Forex traders attributed the sharp decline to growing global uncertainty, particularly the intensifying Iran-Israel conflict and concerns over possible disruptions in crude oil supply through the strategically important Strait of Hormuz.

    Market experts said investors are increasingly moving towards the US Dollar as a safe-haven asset amid fears of geopolitical instability and volatile energy prices. Rising crude oil costs have also added pressure on the Indian currency, as India remains heavily dependent on oil imports.

    According to analysts, the rupee has emerged as one of the worst-performing Asian currencies this year, registering a decline of over six per cent so far in 2026.

    Financial observers warned that a prolonged weakness in the rupee could increase import costs, fuel inflationary pressure and impact domestic fuel prices in the coming weeks. Meanwhile, the Reserve Bank of India is expected to closely monitor the foreign exchange market to maintain stability.

  • Fuel Prices Hiked Across India as Global Crude Surge Pushes Petrol, Diesel Rates Up

    New delhi, May 15 (BNP): Fuel prices across India witnessed a sharp increase on Friday, with petrol and diesel rates rising by up to ₹3 per litre amid escalating global crude oil prices and ongoing supply concerns linked to the prolonged West Asia conflict.

    Fuel Prices Hiked Across India as Global Crude Surge Pushes Petrol, Diesel Rates Up

    Representational image

    The latest revision has pushed petrol prices in Delhi to ₹97.77 per litre, while diesel now costs ₹90.67 per litre. Similar increases were reported in several major cities across the country.

    Officials said the hike was necessitated by sustained pressure on international energy markets, where crude oil prices have remained volatile due to geopolitical tensions and disruptions in global supply chains. State-run Oil Marketing Companies (OMCs) have reportedly been facing heavy financial strain as import costs continue to rise.

    The increase is expected to impact transportation expenses, logistics operations, and household budgets, potentially contributing to inflationary pressure in the coming weeks. Market experts believe the revision could also lead to a rise in prices of essential commodities due to higher freight costs.

    The government maintained that despite the increase, India has continued to shield consumers from the full burden of global fuel price spikes by absorbing a significant portion of the costs over recent months.

    The development has triggered political reactions and public concern, with opposition parties criticising the move and warning of its impact on common citizens already dealing with rising living expenses.

  • ITR Filing Season Begins as Income Tax Department Launches ITR-1, ITR-4 Utilities

    May 15 (BNP): The Income Tax Department has officially started the Income Tax Return (ITR) filing process for Assessment Year 2026-27 with the release of Excel-based offline utilities for ITR-1 and ITR-4 forms on the e-filing portal.

    ITR Filing Season Begins as Income Tax Department Launches ITR-1, ITR-4 Utilities

    The move enables eligible taxpayers to begin filing returns for income earned during the Financial Year 2025-26. Taxpayers can now download the utilities, fill in income and tax details offline, calculate tax liabilities, generate JSON files, and upload them to the official portal for submission and verification.

    The launch marks the beginning of the annual tax filing season and is expected to benefit salaried employees, pensioners, small business owners, and professionals covered under presumptive taxation schemes by allowing them to complete the process well before the deadline.

    ITR-1 is applicable for resident individuals with annual income up to ₹50 lakh earned through salary, pension, up to two house properties, and other sources such as bank interest. The form also covers agricultural income up to ₹5,000 and long-term capital gains under Section 112A up to ₹1.25 lakh.

    Meanwhile, ITR-4 is designed for resident individuals, Hindu Undivided Families (HUFs), and firms excluding LLPs with income up to ₹50 lakh opting for presumptive taxation schemes under Sections 44AD, 44ADA, and 44AE.

    Officials have advised taxpayers to verify PAN, Aadhaar linkage, bank account details, Form 16, and other financial information before filing returns. The department has also encouraged early filing to avoid last-minute technical issues and penalties.

    ITR Filing Season Begins as Income Tax Department Launches ITR-1, ITR-4 Utilities

    Income Tax Returns are mandatory documents through which taxpayers declare their income, deductions, and tax liabilities to the Income Tax Department. The last date for filing returns without penalty is expected to remain July 31, unless extended by the government.

  • NEET UG 2026 Rescheduled for June 21 After Paper Leak Forces Cancellation of Exam

    New Delhi, May 15 (BNP): The National Testing Agency (NTA) has officially announced that the re-examination for NEET-UG 2026 will be conducted on June 21, following the cancellation of the earlier exam amid allegations of a paper leak.

     

    NEET UG 2026 Rescheduled for June 21 After Paper Leak Forces Cancellation of Exam

    The revised examination date was confirmed on Friday through the agency’s official communication channels, ending days of uncertainty for more than 22 lakh medical aspirants across the country.

    The original NEET-UG 2026 examination, held on May 3, was cancelled after reports of an alleged question paper leak surfaced from multiple regions. The Government of India approved the decision to conduct a fresh examination to ensure transparency and maintain the integrity of the country’s premier medical entrance test.

    In its statement, the NTA said the re-examination would be held nationwide on Sunday, June 21, under enhanced security and monitoring arrangements. The agency also urged students and parents to depend only on official notifications for updates regarding admit cards, examination centres, and the admission process.

    The cancellation announcement made on May 12 had triggered anxiety among lakhs of candidates awaiting clarity on the future course of the examination. With the fresh schedule now released, preparations for the re-exam process are expected to begin immediately.

    NEET-UG serves as the gateway for admission to undergraduate medical courses across India, including MBBS, BDS, AYUSH, and other allied medical programmes.

  • Azra and RevealDx Announce Partnership

    Seattle, WA – May 15, 2026 – Azra AI, the leading end-to-end enterprise platform for incidental findings and oncology workflow automation, and RevealDx, the leader in AI tools for the characterization of lung nodules, today announced a new partnership.  

    This partnership builds upon Azra AI’s recent acquisition of Thynk health, which provides cancer screening and incidental findings management. Customers can now use one integrated solution to identify high-risk nodules, manage  these nodules through diagnosis, and seamlessly connect to oncology workflow automation.  

    Recently cleared by the FDA, the RevealDx technology, marketed as RevealAI-Lung, characterizes incidental lung nodules  by producing a score called the Malignancy Similarity Index (mSI™). mSI is intended to help radiologists make more informed follow-up recommendations to assist in cancer diagnosis. The company has validated the software on over  1,500 patients from a variety of cohorts, and RevealAI-Lung is now reimbursable by Medicare using codes 0721T and  0722T. 

    “This partnership strengthens our enterprise-wide intelligence platform,” said John Marshall, CEO of Azra AI. “The integration of the mSI score into the clinical workflow empowers providers to diagnose patients earlier while increasing clinical efficiency. We are excited to deliver this new technology to our customers because not only are we detecting  lung cancer earlier with RevealDX, but once identified Azra’s oncology platform will then coordinate the patient’s care all  the way through survivorship.”

    “When vendors partner, patients and providers can benefit, and that is certainly the case here,” said Chris Wood, CEO  of RevealDx. “We are proud of the fact that Azra AI chose to integrate mSI into their clinical workflows, and introduce  RevealAI-Lung to their installed base. Just producing a malignancy risk score is not sufficient. It needs to be integrated  into platforms built for the full continuum, which is exactly what Azra AI provides.” 

  • ITS America Conference & Expo 2026 Unveils Plenary Speaker Lineup

    DETROIT, Mich. (May 14, 2026) — The ITS America Conference & Expo 2026, organized in partnership by RX Global and ITS America (ITSA), unveils its highly anticipated plenary speaker lineup. Taking place June 9-12 at Huntington Place in Detroit, Michigan, the event will feature two plenary sessions as the conference’s centerpieces, bringing together national transportation leaders to celebrate 35 years of ITS America and chart the course for the next generation of mobility.

    “Each plenary session is thoughtfully designed to spark dialogue and inspire action,” said Laura Chace, President and CEO of the Intelligent Transportation Society of America. “Attendees will gain a rich perspective on the technologies that have transformed transportation over the past 35 years and the bold, forward-looking strategies needed to empower innovation and build a safer, smarter, and more connected future.”

    The plenary sessions will provide critical insights from national transportation leaders on the key issues shaping the future of mobility:

    Wednesday, June 10: Transforming Transportation: 35 Years of ITS – Connecting the Past and Future (8:30 a.m. to 10 a.m., Ballroom A): This milestone session marks 35 years of progress in intelligent transportation, bringing together public and private sector leaders to reflect on the industry’s evolution and spotlight the technologies driving the next chapter of safe, connected mobility. Speakers will examine how communities across the country have benefited from sustained investment in proven and emerging ITS technologies — and what it will take to scale those solutions even further.

    Featured Keynote Speakers:

    • Sean McMaster, Administrator, FHWA, USDOT

    • Seval Oz, Sr. Advisor, Office of the Asst. Secretary for Research & Technology, USDOT

    Session will include the following speakers:

    • Nathaniel Ford, CEO, Jacksonville Transportation Authority

    • Justine Johnson, Chief Mobility Officer, Michigan Economic Development Corporation

    • Peter Montgomery-Torrellas, President, Cubic Transportation Systems

    • Brad Wieferich, Director, Michigan Department of Transportation

    • Marc Williams, Executive Director, Texas Department of Transportation

    • Mike Witzman, Senior Director, Solutions Engineering, CISCO

    Thursday, June 11: From Vision to Reality: Enabling the Next Generation of Transportation (8:30 a.m. to 10 a.m., Ballroom A): As the transportation sector faces mounting pressure to meet rising consumer expectations and secure long-term funding, this session, sponsored by Miovision, will equip attendees with actionable strategies for embracing digital transformation and building the partnerships essential to delivering tomorrow’s mobility solutions. Speakers will explore how transportation leaders can move from concept to implementation, turning bold ideas into measurable outcomes.

    Session will feature the following speakers:

    • Laura Chace, President and CEO, ITS America

    • Tim Haile, Executive Director, Contra Costa Transportation Authority

    • Tracy Larkin-Thomason, Director, Nevada Department of Transportation

    • Kurtis McBride, CEO and Co-founder, Miovision

    • Mina Sartipi, Director, Center for Urban Informatics and Progress (CUIP), University of Tennessee at Chattanooga

    • Ron Thaniel, Senior Director of Policy and Regulatory Affairs, Zoox

    • Erik Varney, Senior Director, IoT Solutions & Ecosystem Partners, Verizon Business

    “These plenary sessions sit at the center of our industry,” said Jaime McAuley, Event Vice President, ITS America Events, RX Global. “Attendees will leave Detroit with a stronger understanding of the foundations that shaped the sector, along with the practical tools and connections needed to drive the next generation of transportation innovation.”

    The ITS America Conference & Expo 2026, themed “Empowering Innovation,” is a premier event for decision-makers and innovators advancing mobility solutions. This year’s conference will bring together hundreds of speakers and over 170 exhibitors sharing the latest transportation innovations, giving attendees the opportunity to engage with industry leaders, explore cutting-edge technologies, and experience the future of intelligent transportation firsthand in Detroit, Michigan.

    For more information or to register, please visit ITSAmericaEvents.com.

  • Why are Remote Professionals Choosing Goa?

    By Shri. Kabir Shirgaonkar, Director, Department of Information Technology, Electronics and Communications, Government of Goa

    We’re constantly looking for ways to upgrade our lifestyle and work is often where that shift begins. But it’s not just about what we do, it’s also about where we do it. Imagine living in a busy metro, leaving home two hours early only to sit in endless traffic. Now replace the honking with the sound of waves and rushed evenings with slow sunsets and a mocktail in hand. It’s an easy choice. And that’s exactly why more professionals today are moving away from the constant metro burnout in search of a better work-life balance.

    Flexibility has been on the rise, not just in the availability of hybrid roles, but with many professionals actively seeking the freedom that comes with remote work. As of early 2026, globally, there are over 40 million digital nomads and this number is projected to grow significantly in the coming years. As more people choose location-independent careers, Goa has steadily evolved to support this shift.

    Why are Remote Professionals Choosing Goa?

     

    Today, Goa is increasingly being seen not just as a travel destination, but as a growing hub for creators, entrepreneurs, startups and remote-first professionals looking to live and work differently. Goa offers a seamless blend of island vibes and urban connectivity, supported by widespread high-speed fibre networks and robust 5G coverage, making it one of India’s most attractive destinations for remote work in a relaxed yet well-connected environment. Alongside this strong digital backbone, the state has developed more than 15 co-working/incubation spaces, creating a supportive ecosystem for professionals, entrepreneurs and startups.

    Policy support from the Government, along with single-window clearances and active incubation initiatives, is further enabling ease of doing business and fostering innovation and growth across the state. Goa’s strategic connectivity further adds to its appeal. With two airports, the Goa Dabolim International Airport and Manohar International Airport (MOPA), along with the Mormugao Port and an expanding road network, the state remains well connected to major cities including Mumbai, Bengaluru, Hyderabad and Pune. What truly sets Goa apart, however, is its unique blend of natural beauty and lifestyle.

    The combination of beaches, a slower pace of life and a thriving culture offers a refreshing contrast to city living. Add to that cleaner air, reduced traffic and easy access to wellness, from yoga retreats to fitness facilities, and the appeal becomes even stronger. At the same time, a steady community of freelancers, startup founders and digital nomads is growing. Regular events and creative collaborations are further making it easier for like-minded individuals to network and grow.

    Building on this momentum, the Department of Information Technology, Electronics and Communications (DITE&C) is hosting ‘Goa Shackathon’ on May 21-22, 2026, a unique concept that blends a hackathon with Goa’s iconic beach shacks. This two-day, first-of-its-kind event features breakout sessions, experiential activities and an immersive workation experience.

    To further strengthen Goa’s remote-work ecosystem, the Government has also announced plans to establish co-working spaces in coastal areas as part of the 2026-27 State Budget. With growing infrastructure, a thriving creative community and increasing support for remote-work, Goa is redefining what work-life balance can look like. For many professionals today, Goa is not just a getaway, it’s a lifestyle choice.