May 8 (BNP): Gold and silver prices traded higher on Friday, gaining up to 1 per cent in domestic and international markets, as renewed geopolitical tensions between the United States and Iran boosted demand for safe-haven assets. On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) opened at ₹1,52,672 per 10 grams, slightly higher than the previous close of ₹1,52,261. During the session,…
India’s Mining Sector Moves into “Mining 5.0” Era Driven by AI and Digital Transformation
May 8 (BNP): India’s mining industry is entering a new phase of transformation, often referred to as “Mining 5.0,” with a strong emphasis on digital technologies, automation, and artificial intelligence, according to a Deloitte–ICC report. The report highlights that the sector is increasingly adopting integrated digital systems to improve efficiency, safety, and productivity across mining operations. Advanced technologies such as AI, data analytics, and smart…
Rupee Weakens 25 Paise to 94.47 Against US Dollar on Rising Geopolitical Concerns
May 8 (BNP): The Indian rupee weakened on Friday, slipping 25 paise to close at 94.47 (provisional) against the US dollar, after posting gains in the previous two trading sessions. The decline came as fresh geopolitical tensions between the United States and Iran weighed on investor sentiment. Forex market participants said concerns intensified after reports of renewed conflict-related developments around the Strait of Hormuz, a…
Archon PowerInfra Plans Expansion in Hydropower, Highways, and Public Infrastructure Development
Archon Powerinfra has announced its future expansion plans with a strong focus on steady growth and quality project execution. Speaking about the company’s vision, Kapil Sharma said that Archon Powerinfra believes in careful and planned expansion instead of fast diversification. The company aims to grow in sectors where it already has strong experience and technical capability. Archon Powerinfra plans to increase its presence in the following areas: Hydropower and river engineering projects Infrastructure linked to power transmission Roads and bridge…
Rising LPG and Tomato Prices Push Up Veg and Non-Veg Thali Costs in April: Crisil Report
May 8 (BNP): A rise in LPG prices along with a sharp increase in tomato rates led to higher costs for both vegetarian and non-vegetarian thalis in April, according to a Crisil report. The report observed that household food expenses were impacted by costlier cooking gas and seasonal spikes in vegetable prices, particularly tomatoes. These factors together contributed to an increase in the overall cost…
Tata Consumer Products Celebrates Mother’s Day with Emotional Campaign ‘The Maa Signature’
Bengaluru, May 08: Tata Consumer Products has unveiled its latest corporate brand campaign for Mother’s Day titled ‘The Maa Signature’, a heartwarming social experiment that celebrates the irreplaceable touch of a mother’s cooking. The campaign features four employees participating in a blind taste test of dishes prepared by different mothers including their own. Despite identical ingredients and recipes, each participant instinctively identifies the dish cooked…
UN Urges Countries to Move Beyond GDP as the Sole Measure of Progress
May 8 (BNP): A United Nations expert panel has called on countries to adopt broader ways of measuring national progress, arguing that Gross Domestic Product (GDP) alone does not fully reflect people’s well-being or long-term development. According to the panel, while GDP remains an important indicator of economic activity, it often overlooks key aspects such as income inequality, environmental sustainability, healthcare, education, and overall quality…
ICIB & Consulate General of Malaysia Successfully Host Salaam Mumbai—Malaysia Edition
The Indian Chamber of International Business (ICIB), in collaboration with the Consulate General of Malaysia, successfully hosted the three-day cultural and cinematic initiative “Salaam Mumbai – Malaysia Edition” from 4th to 6th May 2026 under its cultural exchange IP, Global Vision. Global Vision, one of ICIB’s flagship platforms, is designed to foster meaningful collaborations across cinema, culture, tourism, media, education, and creative industries within India and internationally. Complementing this, Cinema Connect continues to focus on strengthening…
Neat Appoints Javed Khan as CEO to Lead AI Transformation
SINGAPORE, May 08 - Neat, the pioneering video technology company, today announced the appointment of Javed Khan as Chief Executive Officer (CEO). Khan, a seasoned technology executive with a proven track record in AI-driven transformation, takes the helm as the company gears up for global expansion. The appointment of Khan signals Neat’s commitment to deeper investments in artificial intelligence as the engine for its next wave of innovation.…
India-EU FTA Set to Reshape Global Trade and Strengthen Economic Ties
May 8 (BNP): India and the European Union have moved closer to a landmark economic partnership with the conclusion of a wide-ranging Free Trade Agreement (FTA) that officials describe as one of the most comprehensive trade deals ever negotiated. Speaking at an industry event in New Delhi, senior Commerce Ministry officials highlighted the scale of the agreement, calling it the “Mother of All Deals” because…