Paramaribo (Suriname), May 6 (BNP): External Affairs Minister S. Jaishankar, on his first official visit to Suriname, emphasized the strong historical and cultural bonds between the two countries, describing the relationship as one rooted in shared heritage and enduring people-to-people connections. Pic Credit: https://x.com/DrSJaishankar He noted that India’s engagement with Suriname goes beyond traditional diplomacy, reflecting deep civilisational linkages shaped by migration history and cultural…
Cabinet Approves Major Infra, Judiciary, and Farm Sector Reforms
New Delhi, May 6 (BNP): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a series of major decisions aimed at strengthening infrastructure, judicial capacity, agriculture, industry, and maritime development. Under the PM-Gati Shakti National Master Plan, the Cabinet approved three multitracking railway projects covering 19 districts across Madhya Pradesh, Rajasthan, Uttar Pradesh, Karnataka, Andhra Pradesh, and Telangana, aimed at improving connectivity and…
Fossil Celebrates Mother’s Day with an Immersive ‘Mom is the Moment’ Experience
May 6: This Mother’s Day, Fossil brought its Mom is the Moment campaign to life through a thoughtfully curated, summer-inspired experience at Luuma House, Mumbai, celebrating modern motherhood through moments, memories, and meaningful gifting. The event welcomed celebrities including Athiya Shetty, Amrita Rao and Juhi Godambe, who joined the celebration and experienced the immersive afternoon. Designed as a light, immersive setting, the space reflected a…
India Services Growth Hits 5-Month High in April
May 6 (BNP): India’s services sector gained momentum in April, rising to a five-month high as stronger demand and new business orders supported overall expansion, according to the latest HSBC Services PMI data compiled by S&P Global. The seasonally adjusted index increased to 58.7 in April from 58.5 in March, marking the 45th consecutive month above the 50-point threshold that separates growth from contraction. The improvement…
Indian Firms Announce Dollar 20.5 Billion Investment in US
New Delhi, May 6 (BNP): Indian companies have announced a record $20.5 billion investment commitment in the United States during the SelectUSA Summit, highlighting strong and growing economic engagement between the two countries. About 12 Indian firms confirmed immediate investment deals across key sectors including technology, manufacturing, and clean energy. These investments are expected to support job creation, strengthen industrial partnerships, and enhance supply chain…
Cabinet Approves ECLGS 5.0, INR 2.55 Lakh Crore Credit Support for Businesses
New Delhi, May 6 (BNP): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the fifth version of the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) to support businesses facing liquidity stress due to ongoing disruptions linked to the West Asia situation. The scheme aims to facilitate an additional credit flow of around ₹2.55 lakh crore, with special support of ₹5,000 crore allocated…
ADB Plans Dollar 70 Billion Boost for Asia-Pacific Energy and Digital Links
Samarkand, Uzbekistan, May 6 (BNP): The Asian Development Bank (Asian Development Bank) has announced plans to support $70 billion in new energy and digital infrastructure initiatives across Asia and the Pacific by 2035, aimed at strengthening regional connectivity, sustainability, and economic growth. The initiatives include two major programs—the Pan-Asia Power Grid Initiative and the Asia-Pacific Digital Highway—designed to improve cross-border electricity trade and expand digital…
Cement Sector Faces Near Term Pressure Amid Weak Demand Outlook
New Delhi, May 6 (BNP): The cement industry is expected to face a subdued demand environment in the near term, with rising cost pressures likely to impact profitability over the next one to two quarters, according to a recent industry report. The report indicates that slower construction activity and uneven infrastructure spending could weigh on overall cement consumption. At the same time, elevated input costs,…
UltraLED Displays Expands ULTRA NEXUS Ecosystem with TISPL Onboarding for East & North-East India
New Delhi, May 06: UltraLED Displays, a Titan Intech Ltd brand specializing in LED display solutions, has onboarded TISPL as its official ULTRA NEXUS Distributor for East and North-East India. This marks the second onboarding under the ULTRA NEXUS program, further strengthening UltraLED Displays’ structured approach to building a high-performance, future-ready distribution ecosystem for advanced LED display solutions across India. The onboarding of TISPL represents…
India’s Automobile Sector Outlook Remains Positive for FY27 Despite Global Challenges
New Delhi, May 6 (BNP): India’s automobile industry is expected to maintain a positive growth outlook for FY27, even amid ongoing global economic uncertainties, according to a recent industry report. The report highlights that strong domestic demand, improving supply chains, and continued policy support are likely to drive the sector’s performance in the coming years. Despite external pressures such as geopolitical tensions and fluctuating global…