May 8 (BNP): India’s microfinance sector is showing signs of recovery, with the overall portfolio increasing to Rs 3.31 lakh crore in the latest quarter, according to a recent industry report. The sector recorded a 3.2 per cent quarter-on-quarter growth, reflecting improving lending activity and gradual stabilization in borrower demand. The rebound indicates renewed momentum in the microfinance industry after a period of cautious lending…
Saudi Tourism Gains Global Momentum as Domestic Travel Booms
May 8 (BNP): Saudi Arabia’s tourism sector continues to gain momentum, with the country emerging as one of the fastest-growing travel destinations globally. Fresh insights from the World Travel & Tourism Council (WTTC) highlight the Kingdom’s rising influence in the global tourism industry, supported by a sharp increase in domestic travel and ongoing investments in hospitality and infrastructure. The sector’s growth reflects Saudi Arabia’s broader…
Crude Above USD 100, Global Tensions Weigh on Sensex and Nifty
May 8 (BNP): Indian equity markets closed lower on Friday as rising crude oil prices and escalating geopolitical tensions triggered caution among investors. Benchmark indices Sensex and Nifty slipped amid fears that surging energy costs could increase inflationary pressure and impact global economic growth. Brent crude prices crossed the USD 100 per barrel mark after renewed tensions in key oil-producing regions raised concerns over supply…
TransNusa Wins Changi Airline Award After a Record 17 Months of Operations
JAKARTA, May 08 - Three-year old TransNusa, the new aviation player with new rules, has yet again set a new benchmark by securing the top airline award for passenger growth in Southeast Asia. At the annual Changi Airline Award 2026, organised by the Changi Airport Group, TransNusa received the esteemed Top Airline By Absolute Passenger Growth In Southeast Asia award, besting, both Low-Cost Carriers and full-fledged airlines operating within the Southeast Asia region from Changi Airport. The…
ICICI Prudential Life BSE Enhanced Value 30 Index Fund launched for customers seeking disciplined exposure to value opportunities
Bangalore, May 08: ICICI Prudential Life Insurance has launched the ICICI Prudential Life BSE Enhanced Value 30 Index Fund for its Unit Linked Insurance Plans (ULIPs). The fund is designed to provide customers with exposure to attractively valued companies from the large and mid-cap universe and build wealth over the long-term. Commenting on the launch, Mr. Manish Kumar, Chief Investment Officer, ICICI Prudential Life Insurance…
Mother’s Day 2026: Celebrating Her with the Timeless Power of Rubies
Mumbai, May 08: This Mother’s Day, Gemfields invites you to honour the women who shape our lives with a gift as enduring and meaningful as their love – the ruby. Long associated with passion, strength and protection, rubies have, for centuries, symbolised deep emotional bonds. Their rich red hue reflects warmth, vitality and devotion; qualities that perfectly capture the essence of motherhood. In India, where gemstones carry cultural…
Jaro Education Delivers Strong Q4 FY26 Performance with 17.30 percent YoY PAT Growth; Board Recommends Final Dividend of 30 percent per share
India, May 08: Jaro Education, a higher education and upskilling company, announced its audited financial results for the quarter and year ended March 31, 2026, reporting strong growth in profitability supported by sustained learner demand, expanding institutional partnerships, and continued operating momentum. Total income for Q4 FY26 increased 10% YoY to ₹8,184.45 lakh. Profit After Tax (PAT) for the quarter rose 17% YoY to ₹2,133.28…
Samsung Launches Fifth Edition of ‘Samsung Solve for Tomorrow’, Doubles Grants to INR 2 Crore for Winning Teams
India May 08: Samsung has announced the launch of the fifth edition of Samsung Solve for Tomorrow, its flagship innovation and education programme designed to empower India’s next generation of young innovators to build technology-driven solutions for real-world challenges. As Samsung marks 30 years in India, the company is significantly expanding the scale and ambition of the programme, reinforcing its long-term commitment to India’s innovation ecosystem and the vision of #DigitalIndia. In line with this ambition,…
BSE Limited Reports Strong FY26 Earnings Driven by Derivatives and Transaction Revenue Growth
Mumbai, May 8: BSE Limited reported strong financial performance for Q4FY26 and FY26, supported by sharp growth in derivatives trading, transaction revenues, and improving operating leverage. For Q4FY26, revenue from operations increased 84.7% year-on-year to Rs 15.64 billion, while EBITDA surged 119.2% to Rs 10.61 billion. EBITDA margins improved significantly to 67.9% compared to 57.2% in the corresponding quarter last year. Profit After Tax (PAT)…
Hamdard Foods India Brings Its Trusted Products Closer to Consumers with Its D2C Online Store
New Delhi, May 08: Strengthening its commitment to evolving consumer needs, Hamdard Foods India continues to enhance accessibility through its Direct-to-Consumer (D2C) online platform, enabling consumers across India to conveniently shop its trusted range of products from the comfort of their homes. Available at https://myhamdardstore.com/, the platform brings together Hamdard Foods India diverse portfolio, including its iconic summer beverages, honey, spices, edible oils, ready-to-cook essentials,…