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  • 7.4 Quake Hits Northern Japan, Triggers Tsunami Warning

    Apr20(BNP): A powerful 7.4-magnitude earthquake struck northern Japan on Monday, prompting the Japan Meteorological Agency (JMA) to issue a tsunami warning for waves of up to three metres. The quake occurred at 4:53 PM (local time) in the Pacific waters off Iwate Prefecture and was strong enough to shake buildings as far away as Tokyo.

    7.4 Quake Hits Northern Japan, Triggers Tsunami Warning

    Approximately 40 minutes after the earthquake, an 80-centimetre tsunami wave was recorded at a port in Kuji, Iwate. Authorities immediately urged residents in coastal and riverside areas to evacuate to higher ground or designated evacuation buildings, warning that multiple waves could follow.

    Officials cautioned that tsunami activity may continue and advised people not to return to low-lying areas until the warning is officially lifted. Emergency protocols were activated, and the Prime Minister’s Office set up a crisis management team to monitor the situation and coordinate response efforts.

    Prime Minister Sanae Takaichi appealed to residents in affected regions to prioritise safety and follow evacuation advisories, while authorities continue to assess potential damage and casualties. Initial visuals from national broadcaster NHK did not indicate any major destruction at key ports, though officials warned of possible aftershocks.

    Japan, located along the seismically active Pacific “Ring of Fire,” frequently experiences earthquakes, and authorities remain on high alert as the situation develops.

  • India Post Posts Strong FY26 Performance with INR 15,296 Crore Revenue, Growth at 16 pc

    New Delhi, Apr 20 (BNP): The Department of Posts India has reported a robust financial performance for FY 2025–26, achieving a total revenue of ₹15,296 crore, representing a 16% year-on-year growth, according to official disclosures at its annual business meet.

    Union Communications Minister Jyotiraditya Scindia termed the performance as a reflection of a “transformational phase” for India Post, driven by improved service delivery, operational efficiency, and expanded customer outreach.

    The department’s growth has been supported by a stronger focus on service deepening, customer acquisition, and quality assurance frameworks, including enhanced service-level benchmarks aimed at improving reliability and turnaround times across operations.

    India Post’s evolving strategy continues to emphasise its transition from a traditional postal service to a diversified logistics, financial, and digital service provider, with a growing role in enabling connectivity across rural and remote regions.

    Looking ahead, the department aims to further accelerate growth in FY 2026–27 by expanding its service portfolio, strengthening last-mile delivery infrastructure, and improving digital integration across its nationwide network.

    The performance underscores India Post’s expanding contribution to the country’s logistics ecosystem and its strengthening role in advancing financial inclusion and public service accessibility.

     
  • 7.5 Magnitude Earthquake Strikes Japan, Tsunami Alert Issued

    7.5 Magnitude Earthquake Strikes Japan, Tsunami Alert Issued

     Pic Credit: Pexel

    Tokyo, Apr 20 (BNP): A powerful 7.5 magnitude earthquake struck off the northeastern coast of Japan on Monday, triggering tsunami warnings and prompting authorities to issue evacuation advisories in several coastal areas.

    The quake, which occurred under the Pacific Ocean, was felt strongly across nearby regions, leading emergency services to move swiftly into action. Officials warned that tsunami waves could impact parts of the coastline, urging residents in vulnerable zones to move to higher ground as a precaution.

    Initial reports indicated moderate sea-level changes along certain coastal stretches, while authorities continued to monitor the situation closely for any escalation.

    As a safety measure, transport services in affected areas were temporarily halted, and emergency protocols were activated to assess potential damage and ensure public safety. Authorities have also cautioned about the possibility of aftershocks, advising residents to remain alert.

    There were no immediate reports of large-scale damage or casualties at the time of reporting, though assessments are ongoing.

    Japan, located along the seismically active Pacific Ring of Fire, frequently experiences earthquakes, and its disaster preparedness systems are designed to respond quickly to such events.

    Officials have urged people to avoid coastal areas until further notice and to follow official advisories as the situation continues to evolve.

     
  • BHIM App Adds Credit Score Feature, Expands Role Beyond Payments

    New Delhi, Apr 20 (BNP): The National Payments Corporation of India-backed BHIM app has introduced a new feature enabling users to check their credit scores directly within the app.

    Launched in collaboration with TransUnion CIBIL, the feature allows users to securely access their CIBIL Score and credit report through a consent-based system.

    The update, available on version 4.0.19 and above, aims to expand BHIM’s role beyond digital payments by promoting financial awareness and responsible credit usage.

    This development aligns with India’s growing focus on digital financial inclusion, as the Unified Payments Interface ecosystem continues to see rapid adoption across the country.

  • Insight Cosmetics Partners with Udaybir Sandhu (Pinda from Dhurandhar 2) to Champion a New Era of Made-in-India Beauty

    Insight Cosmetics Partners with Udaybir Sandhu (Pinda from Dhurandhar 2) to Champion a New Era of Made-in-India Beauty

    Insight Cosmetics, one of India’s fastest-growing beauty brands, announces its collaboration with Udaybir Sandhu, popularly known as Pinda from Dhurandhar 2—marking a powerful cultural moment where Indian beauty steps forward with confidence, credibility, and its own voice. At a time when “international” has long been equated with superiority, Insight Cosmetics is challenging the narrative—proving that products made for India, in India, are not just relevant, but better suited, more thoughtful, and truly high-performing. This collaboration brings together Pinda’s rooted, unapologetic identity with Insight’s skin-first, high-performance, toxin-conscious formulations—creating a campaign that celebrates bold new standard of beauty: homegrown, honest, and globally competitive.

    A Campaign That Hits Home

    Inspired by the evocative line, “Kudiye… ghar ki yaad nahi aayi tujhe?”

    The campaign taps into a deeply familiar emotion—reminding consumers that everything they’ve been seeking in global products already exists at home. It’s not just nostalgia—it’s a shift in mindset. In a market flooded with international brands that often overlook Indian skin tones, textures, and climates, Insight Cosmetics stands for deep understanding, real performance, and cultural relevance. 

    Made for India. Made Better.

    At the core of this collaboration is a clear belief: “No Toxins. Only Trust.” Insight Cosmetics continues to lead with formulations that are:

    • Skin-first

    • Ingredient-conscious

    • Designed specifically for Indian consumers

    Because beauty should not come at the cost of your skin.

    Mihir Jain – Director, Spokesperson, Insight Cosmetics, said: “Insight has always believed that India doesn’t need to look outward for validation. We have the talent, the understanding, and the capability to create world-class beauty products right here. Pinda represents that same confidence—rooted, real, and unapologetically Indian. Together, we’re not just launching a campaign; we’re reinforcing a belief that Made in India is not an alternative—it’s the standard.”

    More Than a Collaboration — A Cultural Shift

    The Insight Cosmetics x Pinda partnership is built on four defining pillars:

    • Proudly Homegrown: Celebrating India’s evolving beauty innovation and manufacturing strength

    • Toxin-Free Promise: Prioritising safe, effective formulations without compromise

    • Skin-First Approach: Products designed for real Indian skin needs

    • Cultural Relevance: Speaking to a generation that is rooted in India yet globally aware

    Pinda on the Collaboration

    “There’s real pride in representing something that’s ours. For too long, we’ve been told that better comes from outside. Insight is changing that. This is about backing what’s made for us, trusting what understands us, and owning our identity—with confidence.”

  • SAEL Launches 600 MW Solar Plant in Andhra Pradesh, Boosts Clean Energy Capacity

    New Delhi, Apr 20 (BNP): SAEL Industries has operationalised a 600 MW solar power project in Kurnool, Andhra Pradesh, further strengthening India’s renewable energy infrastructure.

    The large-scale project, spread across over 2,400 acres, has been developed in two units of 300 MW each through its subsidiary companies. The plant will feed clean electricity directly into the national grid, contributing to the country’s increasing reliance on sustainable power sources.

    To ensure long-term financial stability, the company has secured a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India, providing assured offtake for the generated power.

    SAEL stated that the project is expected to offset approximately 11 lakh tonnes of carbon emissions annually, aligning with India’s climate commitments and efforts to reduce dependence on fossil fuels.

    The commissioning of the plant highlights the growing pace of large-scale solar deployment in India, driven by policy support, rising energy demand, and the push toward a cleaner energy mix.

    Experts note that projects of this scale not only add to generation capacity but also play a crucial role in advancing energy transition goals, improving grid sustainability, and supporting long-term environmental targets.

     
  • India, South Korea Push to Upgrade CEPA to Deepen Trade and Investment Ties

    New Delhi, Apr 20 (BNP): India and South Korea have renewed efforts to strengthen their economic partnership, with Union Commerce Minister Piyush Goyal holding discussions with his South Korean counterpart on upgrading the existing Comprehensive Economic Partnership Agreement (CEPA).

    The talks focused on making the trade pact more aligned with current global economic dynamics, with both sides exploring ways to enhance market access, streamline trade processes, and unlock new investment opportunities.

    Officials indicated that revisiting the CEPA is aimed at addressing existing gaps in the agreement while expanding its scope to include emerging sectors such as advanced manufacturing, technology collaboration, and sustainable industries.

    The discussions come at a time when both countries are seeking to scale up bilateral trade and strengthen supply chain resilience amid global uncertainties. There is also a shared focus on encouraging greater participation from businesses and investors on both sides.

    India and South Korea have maintained strong economic ties over the years, and the move to upgrade the agreement reflects a broader push to build a more dynamic and future-ready partnership.

    The proposed revamp of CEPA is expected to support long-term growth in trade volumes, facilitate smoother investment flows, and deepen cooperation across key sectors, reinforcing the strategic economic relationship between the two nations.

     
  • Rupee Edges Higher to 92.78 as Crude Oil Slumps Over 5 pc, Easing Import Pressure

    Mumbai, Apr 20 (BNP): The Indian rupee opened on a firmer note on Monday, gaining 13 paise to 92.78 against the US dollar, supported by a sharp decline in global crude oil prices and a mildly improved risk tone in early trade.

    The domestic currency found relief as Brent crude, the global oil benchmark, fell more than 5% to $95.21 per barrel, easing concerns over India’s import burden. As a major energy-importing economy, India’s currency often tracks movements in crude prices, making oil a key determinant of near-term rupee direction.

    Sentiment was also underpinned by expectations of continued stability in monetary conditions, with markets factoring in supportive liquidity management by the Reserve Bank of India, which has helped cushion sharp currency swings in recent sessions.

    Despite the early uptick, traders maintained a cautious stance, noting that the rupee is likely to remain confined to a broad range in the near term.

    Market participants pointed to persistent geopolitical tensions in West Asia, particularly concerns around disruptions to key maritime trade routes, as a key factor limiting sustained currency appreciation. Any escalation in the region could quickly reverse gains by triggering fresh volatility in global oil markets.

    Analysts further observed that while easing crude prices provide short-term support, the rupee’s medium-term direction will depend on a combination of global risk sentiment, foreign capital flows, and India’s trade dynamics.

    Overall, the currency’s movement reflects a fragile balance between easing commodity-led pressure and lingering external uncertainties, keeping forex markets alert to sudden shifts in global developments.

     
  • Trade Deals, Softening Oil Prices May Help Narrow India’s Trade Deficit: BoB Report

    New Delhi, Apr 20 (BNP): India’s record trade deficit is expected to ease in the coming months, supported by anticipated trade agreements and a possible decline in global crude oil prices, according to a recent report by Bank of Baroda.

    The report notes that elevated imports, particularly of energy products, have been a key driver of the widening trade gap in recent months. However, easing geopolitical tensions and improved global supply conditions could help stabilise oil prices, providing relief to India’s import bill.

    At the same time, ongoing and potential trade deals are expected to improve export competitiveness and support outbound shipments, contributing to a gradual correction in the trade imbalance.

    Economists highlighted that India’s external sector remains sensitive to fluctuations in global commodity prices, especially crude oil, which accounts for a significant share of import costs.

    The report suggests that a combination of favourable global price trends and stronger trade linkages could help bring down the trade deficit from recent record levels in the near term.

    Overall, while external risks remain, the outlook points toward a more stable trade environment if current trends in oil prices and trade negotiations continue.

  • Krisp Expands Accent AI with British Output, Unlocking New Opportunities for India’s BPO Sector

    India, Apr 20:  Krisp, the pioneer in real-time voice AI technology, today announced British English output for its AI-powered Accent Conversion technology. Agents based in India, the Philippines, Africa, the Middle East, the U.S., and Pakistan can now convert their voice to natural British English in real time. The technology works on-device, with no enrollment required and no changes to existing workflows. 

    Accent Conversion transforms an agent’s natural speech to British English in real time. It runs on their device without any network dependencies, delays, or changes to how the agent works. The customer hears a voice that sounds local.

    The UK is one of the largest call center markets in the world, and a significant share of it is served by offshore operations. That model is cost-efficient, talent-rich, and built to scale, but it has always come with accent barriers. Consumers are sensitive to unfamiliar accents, and that sensitivity shows up in lower trust, weaker comprehension, and declines in CX metrics. Skilled agents lose ground on metrics not because of what they say, but because of how they sound.

    Accent Conversion to British English fixes that. UK-based companies and brands can deliver a customer experience that sounds local without changing their workforce model. BPOs can support UK programs from any offshore location and meet the accent expectations those clients require.

    Accent Conversion is already delivering measurable impact in production deployments:

    • 99% increase in Net Promoter Scores

    • 26% increase  in sales conversion rate

    • 25% increase  in employee satisfaction

    • 25% reduction in average handle time

    • 70% reduction in scaled operational delivery costs

    • 15% increase in CSAT

    • Only 1% of customers mention accent modification

    “The offshore model isn’t going anywhere. It scales, and the talent is there. What’s been missing is a way to align how agents sound with the customers they serve,” said Davit Baghdasaryan, CEO and Co-Founder of Krisp. “British English output closes that gap for the UK market. It builds on what we’ve already proven in the US and expands Accent Conversion into a much larger part of the global call center industry.”

    British English output is available now in Krisp’s Call Center AI platform and is coming soon to its meetings product. Existing customers can enable it instantly with no integration changes.