GENEVA – 21 April 2026 — Phu Quoc International Airport is set to become a next-generation, fully self-service aviation hub ahead of the Asia-Pacific Economic Cooperation (APEC) 2027 Forum. Sun Group, one of Vietnam’s largest private conglomerates, has partnered with SITA to lead this transformation. To support Vietnam’s rapidly growing air travel demand, the parties have also signed a Memorandum of Understanding establishing a framework for broader collaboration…
Private markets ‘retailisation’ to drive semi-liquid fund assets past $3 trillion by 2030, Carne Group study reveals
Apr 21: New research* from Carne Group (Carne), Europe’s largest third-party management company (ManCo), reveals that both wealth managers and private markets fund managers expect assets under management (AUM) held in semi-liquid vehicles to exceed $3 trillion by 2030. The semi-liquid market has already demonstrated explosive momentum, with AUM nearly tripling between 2020 and 2024 to approximately $349 billion**. Nearly eight out of 10 (78%)…
GKB Opticals Expands Delhi Presence with Two New Lifestyle-Focused Stores in Moti Nagar and Greenpark
New Delhi, Apr 21(BNP) Strengthening its footprint in National Capital region, GKB has innaugrated two new retail Stores in Motinagar, and Greenpark marking another step in the expansion strategy of the brand. With a legacy spanning over six decades, the luxury eyewear retailer, GKB is now moving towards its target of crossing 100 stores across India by mid-2026. The newly launched stores introduce GKB’s ‘lifestyle-first’ retail…
Foreign Investment May Strengthen Credit Profiles of Indian Financial Firms: Fitch Ratings
New Delhi, Apr 21 (BNP): Fitch Ratings has said that higher foreign ownership in Indian financial institutions can be credit-positive, as it may bring long-term capital support and help improve governance standards in certain cases. However, the global rating agency cautioned that foreign investment alone is not a reliable indicator of stronger credit fundamentals. It noted that the quality of investment matters more than ownership…
RAKEZ spotlights practical pathways to building scalable businesses through structured operations
Entrepreneurs and industry experts during the RAKEZ community event at Compass Coworking Centre. Ras Al Khaimah, Apr 21: Ras Al Khaimah Economic Zone (RAKEZ) recently hosted a focused session to explore one of the most common challenges faced by growing businesses, the over-reliance on founders and the need for structured systems to support sustainable growth. The event, titled “From Chaos to Control: How…
ASICS Elevates Retail Experience at Linking Road Store in Mumbai
Mumbai, Apr 21: ASICS, the global Japanese sportswear brand, elevates its retail presence in Mumbai with the launch of its revamped Linking Road store. Located in one of Mumbai’s most prominent high-street retail destinations, the space brings a more refined and contemporary design language aligned with ASICS’ global standards and inspired by its philosophy of ‘Sound Mind, Sound Body’ The store defines the next…
AI Astrology Emerges as a ‘Private Support System’ for Indians, Finds iMeUsWe, a Lineage-Tech Company
Mumbai, April 21 (BNP): iMeUsWe, India’s first lineage-tech platform, released findings from a pilot user behaviour study indicating growing adoption of AI-led astrology in India, with nearly 30% of consultations on the platform conducted through its AI astrologer chatbot. The findings point to a clear behavioural shift, with users increasingly turning to AI not just for predictions, but for instant, private, and judgment-free guidance during…
Gold, Silver Futures Slip Amid Profit Booking and Weak Global Demand
New Delhi, Apr 21 (BNP): Precious metal prices edged lower in futures trade on Tuesday, with both gold and silver witnessing selling pressure amid weak global cues and profit booking by traders. Gold futures declined to ₹1,53,940 per 10 grams, reflecting a soft trend in international markets and reduced investor demand at higher levels. Silver futures also slipped, falling by ₹946 to ₹2,51,599 per kilogram,…
Crude Oil Futures Drop on Weak Global Demand, Oversupply Fears
New Delhi, Apr 21 (BNP): Crude oil prices fell in futures trade on Tuesday, tracking weak global cues and concerns over excess supply in the international market. On the Multi Commodity Exchange (MCX), crude oil futures for May delivery declined by ₹154, or 1.88%, to ₹8,030 per barrel, with a trading volume of 4,226 lots. Analysts said the fall was driven by selling pressure as traders…
India GDP Growth Projected at 6.4 pc: UN Report
New Delhi, Apr 21 (BNP): India’s economy is projected to grow at 6.4% in 2026 and 6.6% in 2027, according to a United Nations report, reaffirming its position as one of the world’s fastest-growing major economies despite global uncertainties. The ESCAP Economic and Social Survey of Asia and the Pacific 2026 said India continues to drive regional growth, supported by strong domestic demand, services expansion,…