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  • Silver Futures Fall to INR 2.36 Lakh/kg Amid Dollar Strength and Oil Price Pressure

    New Delhi, April 29: Silver prices declined in futures trade on Wednesday as investors reduced positions amid a stronger US dollar and rising crude oil prices, which weighed on overall bullion demand.

    On the Multi Commodity Exchange (MCX), silver futures for May delivery fell by ₹1,137, or 0.48%, to ₹2,36,208 per kilogram, with a trading volume of 2,020 lots.

    The July contract also weakened, dropping by ₹1,964, or 0.81%, to ₹2,40,799 per kilogram, in a business turnover of 6,868 lots.

    Market analysts said pressure on precious metals increased as oil prices remained elevated and currency movements reduced investor appetite for safe-haven assets like silver.

  • India and UK Defence Ties Strengthen During CDS Gen Anil Chauhan’s UK Visit

    New Delhi, Apr 29 (BNP): The visit of Chief of Defence Staff (CDS) General Anil Chauhan to the United Kingdom has reinforced growing defence cooperation between India and the UK, marking a significant step in strengthening strategic ties between the two nations, according to the British High Commission.

    The discussions during the visit focused on enhancing bilateral defence collaboration, improving military-to-military engagement, and identifying new areas of cooperation in training, capability development, and strategic coordination.

    Officials said the engagement reflects the shared commitment of both countries to address evolving global and regional security challenges through closer defence partnerships and regular high-level exchanges.

    The British High Commission noted that the India–UK defence relationship continues to expand across key areas such as maritime security, defence technology cooperation, and joint training initiatives.

    The visit is seen as part of ongoing efforts to deepen the India–UK Comprehensive Strategic Partnership, with both sides aiming to strengthen operational coordination and long-term defence collaboration.

    Overall, the engagement highlights the continued momentum in bilateral defence ties and the mutual focus on building a more robust and future-ready security partnership.

  • Bird Population Study Aims to Strengthen Conservation Efforts in Coastal Mangroves

    Kendrapara, Apr 29 (BNP): A census of the Mangrove Pitta was conducted across five ranges of the Rajnagar Mangrove Forest Division, covering important coastal mangrove habitats in Kendrapara and Jagatsinghpur districts.

    Bird Population Study Aims to Strengthen Conservation Efforts in Coastal Mangroves

    According to Divisional Forest Officer Vardhraj Gaonkar, the survey was carried out using both direct and indirect observation methods across multiple mangrove patches in the region. The exercise was conducted to assess the presence and distribution of the species in its natural habitat.

    A total of 70 trained enumerators, organised into 35 teams, participated in the census exercise conducted on Sunday.

    The primary objective of the study was to collect scientific data on the bird’s distribution, habitat conditions, breeding patterns, and behavioural traits. The survey will also serve as a baseline for future population monitoring and conservation planning.

    Officials said such assessments are important for understanding biodiversity trends in fragile mangrove ecosystems and for strengthening long-term conservation strategies in coastal Odisha.

    The data collected is expected to support ongoing efforts to protect wetland and mangrove habitats that are crucial for a variety of bird species, including the Mangrove Pitta.

  • Global Supply Risks May Increase Pressure on India’s LPG Costs

    New Delhi, April 29: India’s LPG under-recoveries are expected to rise sharply and could reach nearly ₹80,000 crore in FY2027, driven by volatility in global energy markets and ongoing disruptions in West Asia, according to a recent assessment by ICRA.

    The report notes that geopolitical tensions in key oil and gas-producing regions have tightened global supply conditions, leading to higher import costs for liquefied petroleum gas (LPG). This is expected to widen the gap between import prices and regulated domestic retail prices.

    Under-recoveries occur when fuel retailers sell LPG at government-controlled prices that are lower than their actual procurement cost. When international prices rise, the financial burden on oil marketing companies increases.

    ICRA highlighted that continued instability in global energy supply chains may keep LPG pricing under pressure in the medium term, especially if crude oil prices remain elevated.

    Despite global uncertainties, domestic LPG demand in India remains steady, supported by household consumption and policy measures aimed at ensuring affordable access to clean cooking fuel.

    Analysts said future trends in LPG under-recoveries will depend on global crude movements, geopolitical developments, and adjustments in domestic pricing mechanisms.

    Overall, the outlook indicates continued fiscal pressure in the energy sector, with LPG cost gaps likely to remain a key concern for policymakers.

  • Warehousing Demand Shifts Toward Western India as Delhi-NCR Slows

    Mumbai, Apr 29 (BNP): India’s warehousing sector is witnessing a clear regional shift, with Mumbai and Pune emerging as key growth hubs, while Delhi-NCR has recorded a notable slowdown in activity, according to a recent report by Vestian.

    The report highlights that western India continues to attract strong industrial and logistics investments, supported by better infrastructure connectivity, proximity to ports, and rising demand from e-commerce and manufacturing sectors.

    Mumbai and Pune have seen increased warehousing absorption, driven by expanding supply chains and growing need for modern storage and distribution facilities. These cities are benefiting from strong industrial ecosystems and improved logistics networks.

    In contrast, Delhi-NCR has witnessed a sharp decline in warehousing activity, reflecting slower leasing momentum and shifting investor preference toward western and southern corridors.

    Industry experts note that India’s warehousing landscape is becoming more decentralised, with companies diversifying operations to improve efficiency and reduce logistics costs.

    The trend also reflects the broader growth of India’s logistics and supply chain sector, which is being reshaped by e-commerce expansion, manufacturing growth, and infrastructure upgrades.

    Overall, the report indicates a realignment in India’s warehousing demand, with western regions gaining prominence in the country’s evolving logistics map.

  • Solar Adoption Rises as Countries Cut Dependence on Fossil Fuels

    New Delhi, Apr 29 (BNP): The global transition toward renewable energy is gaining pace, with more countries increasingly adopting solar power as fossil fuel prices remain high and global energy supply chains face uncertainty, according to the Director General of the International Solar Alliance (ISA).

    He noted that volatility in oil and gas markets, along with geopolitical disruptions, is prompting nations to look for cleaner, more stable, and cost-effective energy alternatives. Solar energy, in particular, is emerging as a key solution for strengthening long-term energy security.

    The ISA highlighted that rapid improvements in solar technology, declining installation costs, and better storage systems are making solar power more accessible and viable across both developed and developing economies.

    Experts say the global energy transition is also being driven by climate commitments and supportive government policies aimed at reducing carbon emissions and increasing the share of renewables in the energy mix.

    The Alliance stressed that solar energy will play a central role in ensuring affordable and sustainable electricity access while reducing dependence on imported fossil fuels.

  • India Startup Ecosystem Expands in 2026 with Deep-Tech and Consumer Innovation Boom

    New Delhi, Apr 29 (BNP): India’s startup ecosystem is witnessing strong expansion in 2026, driven by a new wave of innovation across deep-tech sectors and consumer-focused businesses that are reshaping multiple industries.

    Startups are increasingly moving beyond traditional models and adopting technology-led solutions powered by artificial intelligence, automation, data analytics, and advanced digital platforms. This shift is helping companies address complex challenges while improving efficiency and scalability.

    Deep-tech startups are gaining momentum in areas such as fintech, healthtech, artificial intelligence, and advanced manufacturing, where innovation is playing a key role in transforming operations and service delivery.

    At the same time, consumer-facing startups in lifestyle, retail, food, and fashion are experiencing rapid growth, supported by rising digital adoption and evolving customer preferences for personalised and on-demand services.

    Industry experts say this combination of deep-tech innovation and strong consumer brand growth is strengthening India’s position as one of the fastest-growing startup ecosystems globally.

    Improved access to funding, supportive policy measures, and a growing entrepreneurial base are further accelerating this momentum across the country.

    Overall, the 2026 startup landscape reflects a broad-based transformation, where innovation is driving disruption across both traditional and emerging sectors.

  • Motorola Edge 70 Pro Goes on Sale with 50MP Sony LYTIA Camera, Dimensity 8500 Extreme & FIFA Perks

    Motorola Edge 70 Pro Goes on Sale with 50MP Sony LYTIA Camera, Dimensity 8500 Extreme & FIFA Perks

    Mumbai, Apr 29: Motorola, a global leader in mobile technology and innovation and India’s leading AI smartphone brand~, today announced the sale of the motorola edge 70 pro, bringing pro-grade low-light photography, flagship performance, premium design, and intelligent AI capabilities to consumers. Starting today, consumers can purchase the device from 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India.

    The motorola edge 70 pro sets a new benchmark in smartphone imaging with its Triple 50MP Pro-Grade Camera System, led by the advanced Sony–LYTIA™ 710 sensor powered by moto AI. The system delivers exceptional low-light photography with superior clarity, enhanced dynamic range, and sharper details, while ensuring blur-free captures even in fast-moving scenarios. With Pantone™ Validated Colours and SkinTone™ accuracy, the device reproduces true-to-life visuals, complemented by ultra-sharp 4K 60FPS video recording across all cameras for a seamless and cinematic capture experience.

    Powering the device is the MediaTek Dimensity 8500 Extreme processor, designed to deliver fast, efficient, and AI-driven performance. With up to 12GB LPDDR5X RAM, 256GB UFS 4.1 storage, and an advanced vapor chamber cooling system, the smartphone ensures smooth multitasking, responsive gaming, and sustained peak performance across demanding use cases.

    Blending craftsmanship with innovation, the motorola edge 70 pro introduces Collections by Motorola, featuring premium finishes such as Satin-Luxe, Tailored Fabric, and Marble textures in Pantone™ curated colours. With a 6.99mm* ultra-slim profile and quad-curved comfort design, the device offers a refined in-hand feel while maintaining durability and style.

    The smartphone features a stunning 6.8” 144Hz 1.5K True Colour Quad-Curved AMOLED display, delivering immersive visuals with HDR10+, 100% DCI-P3 colour gamut, and 10-bit colour depth. With segment-leading 5200 nits peak brightness and Pantone™ validation, users experience vibrant colours and exceptional outdoor visibility, complemented by Dolby Atmos® stereo speakers for an enhanced multimedia experience.

    Despite its slim design, the device houses a massive 6500mAh silicon-carbon battery, delivering up to 51 hours of battery life. Supported by 90W TurboPower™ charging, users can power up quickly and stay connected, productive, and entertained throughout the day.

    Adding to the overall experience, the motorola brings an exclusive FIFA World Cup™ 2026 campaign, where consumers purchasing the motorola edge 70 pro between 29th April and 29th May can claim assured FIFA-branded goodies worth ₹2000.

    Taking the excitement further, Consumers can access a dedicated microsite (www.hellomotofifa.in) to play an interactive football-themed game inspired by the “Football is Calling” campaign and get a chance to win 10 FIFA World Cup™ limited-edition motorola edge 70 fusion devices daily during this period

    As participants engage and climb the leaderboard, they move closer to the ultimate reward, where 10 lucky winners will win world cup match tickets to watch a FIFA World Cup 2026 quarterfinal match live in Los Angeles, bringing fans closer to experiencing the world’s biggest football stage.

    Built for reliability, the smartphone meets MIL-STD-810H military-grade standards and offers the highest level of protection with IP68 and IP69 ratings, ensuring resistance against dust, water, and extreme conditions, making it a dependable companion for everyday use.

    Running on Hello UI based on Android 16, the device offers a clean, secure, and intelligent software experience with moto AI features, enhanced privacy through ThinkShield, and 3 OS upgrades and 5 years of security updates.

    Availability:

    The motorola edge 70 pro will be available in two storage variants — 8GB RAM + 256GB and 12GB RAM + 256GB — and comes in premium Pantone™ curated colours: PANTONE™ Tea, PANTONE™ Titan, and PANTONE™ Lily White, featuring luxurious Satin-Luxe, Tailored Fabric, and Marble finishes.

    The device will go on open sale starting 29th April 2026, from 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India.

    Offer Details:

    Product Name: Motorola Edge 70 Pro

    Launch Price:

    Edge 70 Pro 8/256 GB 

    Edge 70 Pro 12/256 GB 

    Affordability Offer details:

    Consumer can avail either of below 2 offers

    1. Instant Bank discount upto Rs 2000 from leading banks

    2.  Exchange Bonus upto Rs 2000

    Effective Price with Offer:

    edge 70 Pro 8/256 GB 

    edge 70 Pro 12/256 GB 

    Operator Offer:

    Exclusive Jio SIM Offer: Free access to Google Gemini Pro Plan for 18 months.

    FIFA Offer:

    The motorola edge 70 pro brings an exclusive FIFA World Cup™ 2026 campaign, where consumers purchasing between 29th April to 29th May can get assured FIFA goodies, play on www.hellomotofifa.in to win daily limited-edition motorola edge 70 fusion devices, and stand a chance to win tickets to a FIFA World Cup 2026 quarterfinal match in Los Angeles.

    #Buy either a motorola signature or a motorola edge 70 pro between 29th April to 29th May to watch your world cup dream come true!

    •            After your purchase, to claim FIFA World Cup 26™ goodies just send #Hello Fifa 

    •            Register on https://www.hellomotofifa.in/ and fill in the entry form with your details

    •            Play the game and stand a chance to win match tickets

    Business News For Profit

  • India Accelerates Push Toward Hydrogen, Ethanol and Electric Mobility

    New Delhi, Apr 29 (BNP): Union Road Transport and Highways Minister Nitin Gadkari has said that petrol and diesel vehicles have no long-term future in India, as the country moves towards cleaner and more sustainable mobility solutions.

    India Accelerates Push Toward Hydrogen, Ethanol and Electric Mobility

    He urged the automobile industry to accelerate the transition towards alternative fuels such as hydrogen, ethanol, CNG, LNG, and electric vehicles. He also highlighted that India’s heavy dependence on fossil fuel imports, worth nearly ₹22 lakh crore annually, makes energy transition essential for both economic and environmental reasons.

    Gadkari said hydrogen is emerging as a key fuel for the future, with pilot projects for hydrogen-powered buses and trucks already underway in collaboration with leading industry partners. These trials are being conducted on select corridors under the National Green Hydrogen Mission.

    He added that India’s future transport strategy will focus on reducing emissions, strengthening energy security, and promoting self-reliant, clean fuel technologies.

  • Gold Prices Edge Higher in Futures Trade Amid Global Uncertainty

    New Delhi, Apr 29 (BNP): Gold prices moved slightly higher in futures trade on Wednesday as investors remained cautious ahead of the US Federal Reserve’s upcoming policy decision.

    Gold Prices Edge Higher in Futures Trade Amid Global Uncertainty

     On the Multi Commodity Exchange, the most-traded June gold contract rose by ₹93, or 0.06%, to ₹1,50,120 per 10 grams, with a trading volume of 9,067 lots.

    Market analysts said support came from a weaker US dollar and ongoing geopolitical tensions in West Asia, which continued to encourage safe-haven buying in gold.

    However, gains were limited due to higher crude oil prices, which weighed on broader commodity sentiment.

    Overall, market participants are awaiting clarity from the US Fed policy outcome, which is expected to guide near-term movement in gold prices.