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  • Crude Oil Futures Drop on Weak Global Demand, Oversupply Fears

    Crude Oil Futures Drop on Weak Global Demand, Oversupply Fears

     New Delhi, Apr 21 (BNP): Crude oil prices fell in futures trade on Tuesday, tracking weak global cues and concerns over excess supply in the international market.

    On the Multi Commodity Exchange (MCX), crude oil futures for May delivery declined by ₹154, or 1.88%, to ₹8,030 per barrel, with a trading volume of 4,226 lots.

    Analysts said the fall was driven by selling pressure as traders trimmed positions amid subdued demand in the spot market. Expectations of ample global supply further weighed on sentiment, keeping prices under pressure.

  • RBI Flags Inflation Risk, Keeps Policy Cautious Amid West Asia Conflict

    New Delhi, Apr 21 (BNP): The Reserve Bank of India (RBI) is adopting a cautious, data-driven approach to interest rates amid global uncertainty triggered by the West Asia conflict, Governor Sanjay Malhotra said.

    He noted that the region is important for India’s economy, accounting for major shares of crude oil imports, exports, fertilisers, and remittances, making the impact of disruptions significant.

    Malhotra warned that prolonged supply shocks could lead to second-round inflation effects, where temporary price rises become more persistent in the economy.

    He said the RBI remains in a “wait-and-watch mode”, with the Monetary Policy Committee maintaining a neutral stance and not committing to any specific rate path.

    On the currency, he said the RBI intervenes to reduce volatility but does not target a fixed exchange rate. He also highlighted India’s strong foreign exchange reserves of around $710 billion, which provide a buffer against external shocks.

    He further pointed to resilient domestic indicators, including strong digital transactions and improving fiscal metrics, as factors supporting overall economic stability.

  • India GDP Growth Projected at 6.4 pc: UN Report

    New Delhi, Apr 21 (BNP): India’s economy is projected to grow at 6.4% in 2026 and 6.6% in 2027, according to a United Nations report, reaffirming its position as one of the world’s fastest-growing major economies despite global uncertainties.

    The ESCAP Economic and Social Survey of Asia and the Pacific 2026 said India continues to drive regional growth, supported by strong domestic demand, services expansion, and steady investment inflows.

    The report noted that while global trade tensions and slower exports pose challenges, India’s resilient consumption and policy support continue to sustain growth momentum.

    It also highlighted India’s strong foreign investment inflows and its role as a leading destination for greenfield FDI in Asia-Pacific, alongside growth in green jobs and renewable energy sectors.

    The UN said India’s outlook reflects broader stability in an otherwise uneven global economy, reinforcing its position as a key engine of global growth.

  • Meta, CBRE Launch ‘LevelUp’ Training Program

    Apr 21 (BNP): Meta Platforms and global real estate and infrastructure services firm CBRE Group have jointly introduced a new workforce initiative titled “LevelUp”, aimed at building a skilled pipeline of fibre technicians to support the rapid expansion of advanced data centre infrastructure in the United States.

    The multi-year programme is designed to address a growing shortage of trained professionals in the field of digital and AI-driven infrastructure, particularly as demand for large-scale data centres continues to accelerate worldwide.

    Under the initiative, CBRE will establish and operate dedicated training centres across the United States starting this summer. These centres will provide hands-on technical training in fibre installation, maintenance, and data centre operations. Participants who successfully complete the programme will be considered for deployment at Meta’s data centre construction sites through its network of contractors.

    The companies say the initiative is focused on creating job-ready skills that align with the evolving needs of the artificial intelligence and cloud computing ecosystem.

    Speaking on the launch, Meta executive Dina Powell McCormick highlighted the importance of workforce development in supporting next-generation infrastructure. She noted that the growth of AI technologies depends heavily on skilled technicians capable of building and maintaining complex digital systems.

    The “LevelUp” programme reflects a broader industry trend where technology companies are increasingly investing in training and upskilling initiatives to bridge talent gaps in critical infrastructure sectors.

    As global demand for data processing and AI capabilities continues to surge, such initiatives are expected to play a key role in strengthening the workforce backbone of the digital economy.

  • Circular Economy presents transformative opportunities across value chain: Jitendra Singh

    Recycling emerging as a major economic driver for startups and MSMEs

    Circular Economy presents transformative opportunities across value chain: Jitendra Singh

    New Delhi, Apr 21: Dr Jitendra Singh, MoS (I/C) for Science & Technology and Earth Sciences, and MoS for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Govt of India today emphasized that recycling is emerging as a major economic driver for startups and MSMEs, and is no longer confined to large business houses.

    Addressing the RECEIC Global Symposium on ‘Resource Efficiency and Circular Economy: Co-creating Circular Future – Policy, Partnerships and Implementation Pathways,’ the Minister highlighted that circular economy presents a transformative opportunity across the value chain, from grassroots entrepreneurs to large industries.

    “Recycling is not going to be the prerogative of big business houses alone. It will be a source of economy for all of us and a very strong avenue for startups and MSMEs,” added Dr Singh.

    He underscored that the government has opened up virtually every sector, including space and nuclear, to private participation, and called upon industry to adopt a proactive mindset. “Government is a facilitator. The private sector must now step forward with confidence and innovation,” he added.

    Highlighting the economic potential of waste, Dr. Singh noted that the government has generated over Rs 4,000 crore in the past five years through systematic disposal of scrap, including e-waste, under a cleanliness campaign launched in October 2021. “The results demonstrate that there is economic value in every form of waste,” he stated.

    The Minister further stressed that waste should be viewed as a valuable resource rather than a liability, citing examples such as the use of plastic and steel slag in road construction and the conversion of used cooking oil into biofuels, showcasing how one waste stream can generate multiple economic opportunities.

    Mr Neelesh Sah, Joint Secretary, Ministry of Environment, Forest and Climate Change (MoEFCC), Govt of India highlighted the impact of India’s Extended Producer Responsibility (EPR) framework. Introduced in 2016 and digitized in 2022–23, the framework has seen strong participation, with nearly 75,000 producers, importers and brand owners and around 5,000 recyclers registered across platforms.

    He noted that the revised Solid Waste Management Rules, notified in January 2026 and effective from April 1, 2026, further embed circularity and digital monitoring into waste management systems. He also emphasized the growing role of eco-labelling and sustainable lifestyles, aligned with the Prime Minister’s LiFE initiative, in driving responsible consumption and production.

    Dr. Jitendra Kumar, Managing Director, Biotechnology Industry Research Assistance Council (BIRAC), highlighted the need to re-evaluate development pathways through the lens of sustainability and circularity. He noted that while circular practices were deeply rooted in traditional Indian systems, modern industrialization has often overlooked these approaches, leading to unsustainable outcomes.

    Dr Kumar stressed the importance of the polluter pays principle and the need for stronger regulatory mechanisms to incentivize sustainable practices. He also highlighted the potential of transitioning from chemical-driven processes to biologically driven systems, aligning with India’s BioE3 (Biotechnology for Economy, Environment, and Employment) policy. Further, he emphasized the need to develop a robust carbon credit trading ecosystem in India to economically incentivize low-carbon and circular practices while disincentivizing polluting industries.

    Mr Manish Sharma, Chair, RECEIC Steering Committee, stated that the 60-member industry coalition is working through five thematic working groups—packaging, material transition, used oil circularity, textiles and apparel, and dry cell batteries—with pilot projects underway to drive on-ground implementation.

    During the event, RECEIC – FICCI released two knowledge papers titled ‘Threading the Loop – Building Resilient and Responsible Textile Value Chains in India’ and ‘Transitioning the Chemical Industry – Used Cooking Oil as a Renewable Feedstock for Enabling India’s Material Transition’. Awards were also presented to individuals and organizations for innovative contributions in circularity and resource efficiency.

  • ENTECH 2026 national Australian roadshows completely sold out

    SYDNEY, Apr 21 – Continuing its amazing run of success and growth ENTECH, the only event for AV and entertainment technology professionals that visits every major population centre in Australia and New Zealand, has officially sold out its 2026 national Australian roadshows.

    ENTECH 2026 national Australian roadshows completely sold out

    ENTECH Roadshow to Experience event

    Following a complete sell-out of its previous events which have historically been capped by a three-truck touring format, this year due to increased industry demand ENTECH expanded its national roadshow capacity for 2026 with the addition of an additional B-double trailer to its fleet.

    ENTECH 2026 national Australian roadshows completely sold out

    ENTECH CEO Kate McKenzie

    ENTECH CEO Kate McKenzie explained, “This logistics upgrade increased freight capability and unlocked exhibitor demand across all cities. As a direct result, ENTECH has confirmed major new exhibitors including Barco, Panasonic, and Jands further strengthening the show’s position as Australia’s leading AV industry showcase.”

    The expanded format also allows for more equipment on the tradeshow floor – now over 66 tonnes – and more live demonstrations.

    McKenzie added, “The benefits don’t end there as with our expanded capacity and sold-out shows we have an even deeper cross-section of the professional audio, lighting and visual technology sectors without compromising the speed and efficiency that define the proven ENTECH roadshow model.

     

    ENTECH 2026 national Australian roadshows completely sold out

     

    ENTECH trucks on tour

    ENTECH have built and grown their roadshows on trust, reliability and delivery and each year moves national exhibitor freight over thousands of kilometres across Australia and New Zealand on time and on budget.

    The roadshows deliver meaningful demos, tech talks and interactions between suppliers, manufacturers, practitioners and distributors of professional audio visual and entertainment technology creating significant value for exhibitors and attendees alike.

    Kate McKenzie concluded, “ENTECH now has five attractions within the show: the traditional Chameleon ENTECH cafe (and Happy Hour), the NW Group ENTECH theatre zone for silent disco headphone presentations on the floor, the new Interactive Audio Demo Zone and the Interactive Vision Demo Zone. Finally, we have added dedicated meeting rooms for curated meetings using our new proprietary ENTECH-CONNECT registration and meetings system. The outcome is that ENTECH 2026 is unlike any previous, making our 33rd year our biggest ever.”

    ENTECH will visit Brisbane, Sydney, Melbourne, Adelaide and Perth in May 2026, Auckland and Wellington in July 2026 and Christchurch in August 2026.

    Whilst the national Australian roadshows are sold out limited single city spots (excluding Melbourne which is also sold out) are still available.

    Registration for the 2026 Australian and New Zealand ENTECH Roadshows is free and open now.

  • India, South Korea Boost Economic Ties

    New Delhi, Apr 21 (BNP): Union Ministers Nirmala Sitharaman and Piyush Goyal engaged in strategic discussions with senior leadership from South Korea, reinforcing the shared commitment to deepen economic and technological cooperation.

    The dialogue centred on expanding bilateral trade, accelerating investment flows, and strengthening collaboration in high-growth sectors such as digital innovation, green energy, infrastructure, and advanced manufacturing. Both sides also explored ways to enhance supply chain resilience and promote industry partnerships in emerging technologies, including semiconductors.

    Highlighting India’s reform-driven growth trajectory, the ministers underscored the country’s focus on ease of doing business and its attractiveness as a global investment destination. They invited greater participation from Korean enterprises in India’s expanding industrial and innovation ecosystem.

    The discussions reflected a forward-looking approach, with both nations expressing confidence in scaling up their strategic partnership through targeted initiatives and deeper institutional engagement. The meetings are expected to catalyse new opportunities for cooperation and contribute to sustainable economic growth.

    This engagement marks another step in strengthening the long-standing and mutually beneficial relationship between India and South Korea, anchored in shared economic priorities and global outlook.

  • Finding the best dietary supplements for cycling performance – and recovery

    Focusing on the rigours of elite cycling, Flinders University experts have put performance-enhancing and other dietary supplements under the microscope, rating some more highly than others.
     
    From carbs, beetroot juice and the latest sports gels, the research new highlights how a range of dietary supplements may help improve cycling performance, working to support the body’s energy systems and reducing fatigue during exercise.

    Finding the best dietary supplements for cycling performance – and recovery

     

     
    The research team – including Australian Olympic cyclist Sophie Edwards, who is studying Medicine at Flinders University (pictured) – found the strongest evidence for beta-alanine, caffeine, carbohydrates (such as sports gels), creatine monohydrate, dietary nitrates (such as beetroot juice), electrolytes and sodium bicarbonate as ergogenic supplements to support cycling performance.
     
    “They influence how muscles produce and use energy, which is crucial for high-performance athletes,” says Flinders Professor in Clinical Pharmacology Andrew Rowland, from the College of Medicine and Public Health, who led the study published in the Journal of the International Society of Sports Nutrition.
     
    During exercise, the body continuously regenerates energy through several pathways that support different types of effort – from short, explosive bursts to longer endurance activity.
     
    “We found the strongest evidence for these performance supplements supporting the body’s energy systems by improving fuel use, increasing buffering capacity, enhancing energy availability and delaying fatigue,” says Professor Rowland.
     
    In addition to supplements that directly enhance performance, the research also found support for other medical and recovery focussed supplements which can play an important indirect role by supporting bone health, connective integrity, inflammation management, micronutrient status, muscle repair and gut function.
     
    The research found evidence to support the use of calcium, cheery juice, collagen, curcumin, iron, multivitamins, omega-3 fatty acids, pickle juice, probiotics, protein, vitamin C, vitamin D and zinc for other medical and recovery issues.
     
    “The relationship between nutrition, training and performance optimisation in elite cyclists depends on individualised supplementation strategies tailored to training demands and competitive goals, to either improve recovery, support immunity or promote long-term physiological adaptation,” says Professor Rowland.
     
    “In practice, effective supplementation should be viewed as an adjunct and not a replacement for training, nutrition and recovery.
     
    “Evidence-based, individualised, and ethically sound strategies are essential to maximise both performance outcomes and athlete wellbeing,” he says.
     
    To broadly guide the safe and effective use of ergogenic and medical supplements in sport, classification systems such as the four-tier Australian Institute of Sport (AIS) framework provide evidence-based recommendations for athletes and practitioners. These range from Group A supplements with strong scientific support, through those with limited or emerging benefits, to Group D supplements which are banned.
     
    “Within the broad guidance provided by the Australian Institute of Sport framework, there is a need to personalise supplement strategies based on individual factors such as sex, age, hormonal status, genetic predispositions and gut microbiota composition, which may influence both efficacy and safety.
     
    “Optimising supplementation requires aligning individual metabolic demands with targeted compounds that support key pathways involved in energy production, buffering, recovery and resilience.”
     
    Supplements with strong evidence in cycling include: Beta-alanine, caffeine, carbohydrates, creatine monohydrate, dietary nitrates, electrolytes, glycerol and sodium bicarbonate. These supplements are supported by high-quality evidence and can provide meaningful performance benefits when used appropriately.
     
    Individualisation of supplement programs is essential: Supplement strategies should be tailored to the athlete’s characteristics and context, including sex, age, training status, and environmental conditions such as heat and altitude. Physiological testing of such aspects as VO₂max, lactate threshold, sweat sodium concentration, micronutrient status can help guide the selection and timing of these supplements.
     
    Health, safety and anti-doping considerations must apply: The researchers emphasise that only supplements tested by cycling populations and screened by independent third-party programs should be used, to minimise health risks and inadvertent doping violations. They warn that athletes who take supplements must remain vigilant under the WADA strict liability principle, which places full responsibility for all substances in their system on the competitor.
     
    The research – ‘A comprehensive review of the physiology and evidence base to guide the use of ergogenic and medical supplements for enhanced cycling performance’ (2026) by Andrew Rowland, Sophie Edwards, Gorka Prieto-Bellver, Bradley Menz, Angela Rowland, Erik Cornelisse, Christos Karapetis, Matthew Wallen and Ashley Hopkins – has been published in the Journal of the International Society of Sports Nutrition. DOI: 10.1080/15502783.2026.2630487
     
    Caption: Professor of Clinical Pharmacology Andrew Rowland, back left, with coauthors Associate Professor Ashley Hopkins, front left, and sport nutritionist Dr Robyn Jones and Bradley Menz, discuss the research with pro cyclist and Flinders med student Sophie Edwards
  • Sunrisers Hyderabad Set for Crucial Home Clash Against Delhi Capitals in IPL 2026 Showdown

    Hyderabad, April 21(BNP): Sunrisers Hyderabad are set to face Delhi Capitals in the 31st match of the Indian Premier League 2026 season at the Rajiv Gandhi International Stadium this evening.

    Sunrisers Hyderabad Set for Crucial Home Clash Against Delhi Capitals in IPL 2026 Showdown

    Scheduled to begin at 7:30 PM IST, with the toss at 7:00 PM, the match will be broadcast on the JioStar Network and streamed live on JioHotstar, while international viewers can tune in via Willow TV.

    With both teams currently placed mid-table with six points each, the encounter carries significant importance in the race to the playoffs. Sunrisers Hyderabad, positioned fourth, will aim to leverage home advantage and crowd support, while Delhi Capitals, just behind in fifth place, will be keen to secure a crucial away victory.

    The Hyderabad pitch is expected to favor batters, offering a flat surface with short boundaries, while dew could influence the second innings, making the toss a key factor. Weather conditions are forecast to remain clear during match time despite high daytime temperatures.

    The contest is set to showcase Hyderabad’s aggressive batting unit against Delhi’s well-rounded lineup. Players such as Travis Head, Heinrich Klaasen, and Ishan Kishan are expected to play pivotal roles for SRH, while DC will rely on the experience of KL Rahul, Axar Patel, and Kuldeep Yadav.

    Predicted Playing XI:
    Sunrisers Hyderabad: Abhishek Sharma, Travis Head, Ishan Kishan (c), Heinrich Klaasen, Nitish Reddy, Aniket Verma, Salil Arora, Liam Livingstone, Shivang Kumar, Praful Hinge, Sakib Hussain.

    Delhi Capitals: Pathum Nissanka, KL Rahul, Nitish Rana, Sameer Rizvi, Tristan Stubbs, Axar Patel (c), David Miller, Auqib Nabi Dar, Kuldeep Yadav, Mukesh Kumar, T Natarajan.

    As the league stage intensifies, both teams will be eager to build momentum and strengthen their position on the points table, promising fans an electrifying contest under lights in Hyderabad.

     
  • Coral raises $12.5M to automate healthcare’s back office by working with, not against, the fax machine

    In less than a year, Coral has grown to multiple millions in revenue, pushed complete patient intakes to under five minutes, and is winning customers in infusion and specialty pharmacy who trust it enough to pay full contracts upfront. Its next target: 4x growth before the year is out.

    New York, NY, Apr 21: In American healthcare, the most common reason a patient waits is not clinical. Referrals stall in fax queues. Prior authorizations sit unresolved. Discharges are delayed because paperwork has not been processed. The bottleneck is not a shortage of doctors. There is a shortage of people to handle the administrative work that comes before and after every appointment.

    Coral was built to change that. Today, the company announced a $12.5 million investment led by Lightspeed and Z47. The company was founded by Ajay Shrihari and Aniket Mohanty.

    For Ajay, the problem was not abstract. A minor accident sent him through the US healthcare system as a patient for the first time, and what followed was instructive. The clinical care was not the issue. Everything surrounding it was: follow-up calls that went unanswered for days, paperwork that outlasted the injury itself. Coral was the answer the two of them built to that experience.

    Coral’s founding insight was simple. Do not replace the fax. Automate around it. Instead of asking providers to rebuild their infrastructure, Coral connects to existing EHR systems, fax lines, and payer portals and automates end-to-end administrative workflows for specialty healthcare providers, including DME suppliers, infusion centers, and radiology practices. The platform handles intake, prior authorization, fax processing, and patient communications without requiring providers to change how they work.

    Coral’s models have now reached 99.7% accuracy on the document types that define healthcare’s back office: handwritten fax forms, scanned insurance cards, prior authorization templates, payer portal screens. Complete patient intakes, including the most complex cases the platform handles, now run in under five minutes, and when the information is missing, which happens frequently, Coral can seamlessly work with all the relevant parties to get information and process a patient’s case.

    Ajay Shrihari, Founder and CEO, Coral said: “Every person in the healthcare system is being slowed down by the same thing: administrative work that was never built to scale. The coordinator chasing faxes. The patient waiting on a referral. The clinician buried in prior authorizations. When you automate the right things, all of them win at once. That is what Coral is building, and we are just getting started.”

    Coral began by serving durable medical equipment (DME) providers, proving the model in one of the most fax-intensive corners of outpatient care. As it scaled, the same pattern appeared across every new specialty it entered. The administrative bottleneck was not a DME problem. It was a healthcare problem.

    For infusion patients, a treatment delay is not an inconvenience. It is a missed dose. Coral has deployed its platform across infusion centres, handling the authorization and intake workflows that previously kept clinical staff from patients for hours at a time.

    The strongest signal of customer confidence is not a case study but what customers choose to hand Coral next. A growing number are now running multiple modules across their operations, and a portion are paying the full contract value upfront, an unusual dynamic in enterprise software and a particularly striking one in a sector where vendor evaluation cycles are notoriously long. The calculation is straightforward: when a complex workflow completes in under five minutes at high accuracy, the return is immediate enough that the commitment follows.

    Coral has reached multiple millions in revenues and is targeting 4x growth before the end of the year, expanding further across existing verticals while moving into radiology and additional specialty categories.

    Rohil Bagga, Investor at Lightspeed added: “Healthcare is one of the hardest environments to automate, given legacy systems and fragmented workflows, yet Coral is delivering real outcomes at scale. Their product is already being used by some of the largest customers in the U.S. to dramatically reduce patient intake times and first-pass denials. At Lightspeed, we’ve had the privilege of being part of Coral’s journey since day one, and we’re excited to continue supporting the team as they transform the healthcare industry”

    Ashwin KP, Investor at Z47 commented: “US healthcare admin carries over a trillion dollars in overhead each year, yet the back-office teams doing this work have been chronically underserved by technology. Our thesis is that the most compelling AI opportunities lie in workflow-heavy, tech-underserved categories that demand deep vertical expertise to crack. Ajay and Aniket are exceptionally customer-obsessed founders who embedded themselves with these teams, understood their pain at a granular level, and built a product their customers can’t live without. The rapid growth and the caliber of customers they’ve won in a short time only reinforced our conviction. We’re privileged to partner with them.”

    The round goes toward the team and product. Coral is adding engineering talent alongside people who have spent careers inside healthcare operations, builders and industry experts working in the same room for the first time in this category.

    On the product side, the company recently shipped AI-powered voice and text workflows, automating follow-ups with payers, patients, and referral sources that would previously require a staff member to pick up the phone. The next phase goes further. Coral is building an AI workflow builder that lets providers design and deploy their own administrative workflows without raising an IT ticket, adapting Coral to the way their operations actually run rather than the other way around.

    Alongside that, Coral is developing what it describes as a co-pilot layer for the business: a way to surface intelligence from the data it already processes. Which payers have the highest denial rates and what the common rejection reasons are. Where in the authorization process cases are stalling. Which referral sources convert to completed intakes and which do not. Where revenue is being stopped by insurance claim rejections, and what would change the outcome on resubmission. The ambition is that a practice manager can ask Coral what is slowing their operation down and get a specific, actionable answer, not a report to interpret but a clear next step.

    The system is not going to simplify itself. Coral’s answer is that administration is a workflow problem, not a staffing one. Across DME, infusion, and specialty pharmacy, that answer is proving out. The fax queue gets shorter. Staff get to spend their time on patients.