Mumbai, May 7 (BNP): Indian equity markets opened on a positive note on Thursday, supported by improved global sentiment after reports of progress on a possible US-Iran peace framework. In early trade, the BSE Sensex rose nearly 380 points to touch an intraday high of 78,339, while the Nifty 50 gained over 90 points to trade above 24,400 levels. However, gains remained uneven across sectors.…
India’s Real Estate Sector Set for Strong Growth as AI Adoption Rises
New Delhi, May 7 (BNP): India’s real estate sector is expected to witness significant expansion over the long term, with its market size projected to reach about USD 5.8 trillion by 2047, according to a joint industry report by FICCI and KPMG. The report notes that the sector is being reshaped by rapid urbanisation, infrastructure expansion, rising housing demand, and growing investor interest across residential, commercial,…
Andhra Pradesh to Build Seaweed Economy to Strengthen Coastal Livelihoods and Women’s Empowerment
Amaravati, May 7 (BNP): Andhra Pradesh Chief Minister N. Chandrababu Naidu has directed officials to develop a structured economic model to promote seaweed cultivation as a sustainable livelihood option for coastal communities, with a strong focus on women’s self-help groups (SHGs) and fishermen. Chairing a review meeting at the State Secretariat, the Chief Minister underlined that Andhra Pradesh’s extensive coastline offers a significant untapped opportunity to…
India Emerging as Key Voice in Shaping Global Economic and Strategic Landscape
New Delhi, May 7 (BNP): India is steadily emerging as a key player in shaping the evolving global economic and strategic landscape as geopolitics, trade, and technology become increasingly interconnected. Experts note that the global economy is undergoing a significant transformation, where trade is no longer driven only by commerce but is also influenced by strategic and geopolitical interests. Technology, too, has become closely tied…
Iron Mountain Data Centers Cements Carbon-Free Leadership in India with New Clean Max Agreement
Mumbai, India, May 07: Iron Mountain (NYSE: IRM) has entered into a long term partnership with CleanMax Enviro Energy Solutions Limited (“CleanMax”) to deliver solar and wind energy to the grid for its Mumbai, Pune, and Bangalore data centers. The hybrid project, developed under a group captive model, will supply 32 million kWh of clean power annually for Iron Mountain’s data centers, increasing the renewable energy share of these facilities to up to 75%.…
Global Energy Alliance Appoints Tanya Singhal to Lead India Operations
New Delhi, May 7 (BNP): The Global Energy Alliance for People and Planet has appointed renewable energy entrepreneur Tanya Singhal as Vice President for India, strengthening its leadership as it expands clean energy and grid modernisation initiatives in the country. Singhal, known for her work in the renewable energy sector, joins the organisation at a time when India is accelerating efforts to improve power reliability, expand…
Gold and Silver Gain on Geopolitical Uncertainty and Higher Crude Prices
New Delhi, May 7 (BNP): Gold and silver prices rose by up to 1% on Thursday as global markets reacted to rising crude oil prices and ongoing geopolitical uncertainty linked to US–Iran negotiations, according to market data. On the Multi Commodity Exchange (MCX), June gold futures touched an intraday high of ₹1,52,887, gaining 0.49%, while silver futures for July climbed as much as 1.49% to…
Celebrate the Spirit of Motherhood with Rangriti’s Ma & Me Celebration
This Mother’s Day, Rangriti offers a meaningful way to celebrate mothers and the bond they share with their children through fashion that blends comfort, style, and everyday elegance with an experience that honours the pillars of everyone’s lives – Mothers. With Ma & Me – Rangriti is inviting mothers and their children alike to visit the Rangriti stores, indulge in a shopping spree together and…
RAKEZ signs two strategic agreements to reinforce Ras Al Khaimah’s position as a competitive industrial hub and attract investments
Ras Al Khaimah, May 07: In the presence of HH Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) signed two strategic agreements – with MAGRABi Retail Group and Mighty Industrial Park – during the 5th edition of Make it in the Emirates (MIITE), held at ADNEC Centre in Abu Dhabi,…
Thailand’s Strategic Realignment Could Unlock New Trade and Investment Channels for India: ORF
New Delhi, May 7 (BNP): Thailand’s evolving strategic and economic orientation is likely to create new opportunities for deeper economic engagement with India, according to a recent analysis by the Observer Research Foundation (ORF). The report notes that Thailand is gradually recalibrating its external partnerships and economic priorities in response to shifting global geopolitics and changing supply chain dynamics. This transition is expected to open…