Mumbai, May 6: AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank, has announced the launch of its new credit card portfolio—marking a significant step in building a scaled, differentiated, and responsible card business. The newly introduced portfolio has been designed as a cohesive, lifecycle-based offering…
India Manufacturing Sentiment Remains Positive in Q4 FY26
New Delhi, May 6 (BNP): India’s manufacturing sector continued to show a positive growth outlook in the fourth quarter of FY26, even as businesses faced rising raw material costs and global economic uncertainties, according to a latest FICCI survey. The survey indicates that overall industry sentiment remains steady across key manufacturing segments, despite cost pressures impacting input expenses. Capacity utilisation witnessed a marginal decline to…
Sensex, Nifty Surge in Strong Market Rally
May 6 (BNP): Indian equity markets continued their upward momentum on Wednesday, with benchmark indices closing strongly in positive territory amid broad-based buying across sectors. The BSE Sensex surged by 941 points, while the NSE Nifty 50 advanced by 298 points, reflecting strong investor sentiment. The rally was supported by positive global cues and sustained domestic inflows, with financials, energy, and IT stocks leading the…
India–EU Launch INR 169 Crore EV Battery Recycling Push
New Delhi, May 6 (BNP): India and the European Union have announced a joint initiative worth ₹169 crore aimed at accelerating the development of advanced technologies for recycling electric vehicle (EV) batteries. The collaboration is designed to support sustainable mobility by improving the way used EV batteries are processed, recovered, and reused. The focus will be on developing innovative recycling methods that can help recover…
India’s Exports Reach Record Dollar 863 Billion in 2025–26 on Services Push
May 6 (BNP): India’s external trade has reached a historic milestone, with total exports of goods and services touching an all-time high of $863.11 billion in FY 2025–26. The sharp rise was primarily driven by the robust performance of the services sector, which continued to outperform merchandise exports. Strong global demand for India’s IT services, business process outsourcing, consulting, and professional services played a major…
NILE Hospitality Launches ‘Holidays With NILE’ Summer Vacation Offer Across India
May 6: NILE Hospitality has announced its special summer vacation campaign, ‘Holidays With NILE’, across its properties in nine destinations, including Udaipur, Kandla, Amritsar, Indore, Dwarka, Bhuj, Sasan Gir, Navsari and Narkanda. Designed especially for families planning their summer holidays, the offer includes a complimentary room for children in select hotels, making travel more comfortable, convenient and memorable. The offer is available till September across…
PM Modi and President To Lam Chart Next Phase of India–Vietnam Strategic Partnership
New Delhi, May 6 (BNP): Prime Minister Narendra Modi held bilateral talks with Vietnamese President To Lam at Hyderabad House, focusing on strengthening the India–Vietnam Comprehensive Strategic Partnership. The discussions covered key areas of cooperation including trade and investment, defence and security, digital technology, energy, and connectivity. Both leaders also exchanged views on regional and global developments of mutual interest. The meeting emphasized enhancing economic…
Hisense India Appoints Rahul Khanna as Head Home Appliances to Drive Next Phase of Growth
May 06: Hisense, a leading global consumer electronics and home appliance company, has announced the appointment of Rahul Khanna as Head – Home Appliances (Washing Machines, Refrigerators and Small Domestic Appliances) at Hisense India. This strategic leadership addition marks a significant milestone in the company’s growth journey as it strengthens its commitment to expanding a future-ready appliances portfolio in the Indian market, following its recent launch of Hisense Intelli Cool Pro Series Room air conditioner. Rahul Khanna brings over 17 years of rich and diverse experience spanning product management, research &…
Odisha Investors’ Meet Showcases State as Emerging Industrial Growth Destination
Ahmedabad, May 6 (BNP): The Government of Odisha, led by Chief Minister Mohan Charan Majhi, organized a high-impact Investors’ Meet roadshow in Ahmedabad to promote the state as a preferred destination for industrial investment and next-generation growth. Hon’ble CM Shri @MohanMOdisha leads a high-impact Investors’ Meet Roadshow in Ahmedabad, positioning #Odisha as a preferred destination for next-generation industrial growth. With participation from over 500 industry…
Gold, Silver Steady as Middle East Tensions and US–Iran Talks Weigh on Markets
May 6 (BNP): Gold and silver prices showed mixed movement on Tuesday as investors closely tracked geopolitical tensions in the Middle East alongside uncertain progress in US–Iran discussions. Market sentiment remained cautious amid renewed instability in the Gulf region. Reports of fresh hostilities and military activity in the Strait of Hormuz have raised concerns over global energy and trade routes, keeping safe-haven demand for precious…