Stock Markets End Lower as Profit Booking Hits Financial Shares
Apr 16 (BNP): Indian equity markets ended lower on Thursday after a volatile trading session, as investors booked profits in banking and financial stocks following a recent rally. The Sensex closed 122.56 points, or 0.16%, lower at 77,988.68. During the…
India’s 10-Year Bond Yield May Dip Below 7 pc by June: Report
Apr 16 (BNP): India’s benchmark 10-year government bond yield may ease below the 7% level by June, although short-term volatility is likely to continue due to global and domestic economic factors, according to a report. The report notes that…
MF Bharat App to Expand Mutual Fund Access for Gig Workers in Smaller Cities
Apr 16 (BNP): MF Bharat, the mutual fund investment platform operated by iPrudent (formerly Prudent Asset India Pvt Ltd), has announced a new initiative aimed at improving financial inclusion among gig workers and investors in Tier 2 and Tier 3 cities.…
Equity Mutual Fund AUM Rises 17pc in March on Sustained Investor Inflows
Apr 16(BNP): India’s equity-oriented mutual funds registered a strong 17.38% year-on-year increase in average assets under management (AUM) in March, driven by consistent and diversified investor inflows across multiple fund categories. The growth…
Mumbai to Conduct Tree Census After 8 Years
Apr 16 (BNP): Mumbai is set to begin a fresh tree census next week, ending an eight-year gap since the last comprehensive count, the Brihanmumbai Municipal Corporation (BMC) has announced. The citywide exercise, expected to take nearly 18 months, will…
Jeanologia unveils a new sustainable textile finishing model powered by AI, laser and ozone at Indo Intertex
Valencia (April 16, 2026).Jeanologia, a global leader in eco-efficient technologies for the textile industry, is taking part in Indo Intertex 2026, held from April 15 to 18 at the Jakarta International Expo (Indonesia), bringing together manufacturers,…
Two-thirds of organizations rate physical AI as a high priority for the next three to five years
India Apr 16: The Capgemini Research Institute today published a report ‘Physical AI: Taking human-robot collaboration to the next level,’ which explores the impact of physical AI on robotics and the value it could unlock for businesses.…
GAIL to Develop 600 MW Solar Project with Battery Storage in Uttar Pradesh
Apr 16 (BNP): GAIL (India) Limited has entered into an agreement to develop a 600 MW solar power project in Uttar Pradesh, incorporating an advanced battery energy storage system to enhance reliability and efficiency. The integration of battery…
India’s Trade Deficit Seen Widening in FY27 on Oil Price and Global Risks
Apr 16 (BNP): India’s trade deficit could expand in the financial year 2026–27, driven by global economic uncertainty and potential volatility in crude oil prices, according to a recent report. Rising geopolitical tensions and fluctuations in…
Wood Mackenzie: Six-country international shale priority list for energy security as Middle East conflict drives supply diversification
LONDON/HOUSTON/SINGAPORE, April 16, 2026 – Middle East conflict has elevated strategic energy security priorities as countries seek supply diversification, international shale exploration can play a key role in meeting those goals,…