Mumbai, Apr 29 (BNP): Systematic Investment Plans (SIPs) in Balanced Advantage Funds are emerging as a disciplined investment approach for retail investors navigating volatile market conditions, according to recent market commentary and investment trends. Balanced Advantage Funds, which dynamically adjust their equity and debt exposure based on market conditions, are increasingly being viewed as a stable option for long-term wealth creation. These funds aim to…
Rupee Opens Lower, Falls 13 Paise to 94.81 on Oil Price Rise and Dollar Demand
Mumbai, Apr 29 (BNP): The Indian rupee traded weaker in early session on Wednesday, declining 13 paise to 94.81 against the US dollar, as higher global crude oil prices and persistent dollar demand weighed on market sentiment. The currency opened at 94.79 in the interbank foreign exchange market and slipped further to 94.81 in initial deals, reflecting continued pressure from external factors. Forex market participants…
Brevistay Partners with Unlimit to Simplify Digital Payments
Apr 29 (BNP): Brevistay has integrated with the unified payment infrastructure of Unlimit to simplify and accelerate its payment operations across India and global networks. The collaboration is designed to remove the complexities of fragmented payment systems and deliver a smoother, faster transaction experience for users. By adopting Unlimit’s programmable payment layer, Brevistay gains seamless access to multiple payment rails, including UPI and international card…
Viksit Bharat Envisions Inclusive Growth Beyond GDP, Says Nirmala Sitharaman
Mangaluru, Apr 29 (BNP): Union Finance Minister Nirmala Sitharaman said that India’s Viksit Bharat vision is centered on inclusive development and shared prosperity, moving beyond traditional measures of economic growth such as GDP. Speaking at an event at NITTE, she stressed that India must view development as an ongoing journey rather than a finished goal. The long-term objective, she said, is to build a developed…
Aimtron Reports Strong FY26 Performance, Revenue Nearly Doubles Year-on-Year, Driven by High-Value Manufacturing
Vadodara, April 29: Aimtron Electronics Limited, one of India’s fastest-growing electronics design and manufacturing companies, announced its audited consolidated financial results for the half-year and year ended 31 March 2026, delivering a strong performance driven by continued momentum across its Electronics Manufacturing Services (EMS) and Electronics System Design & Manufacturing (ESDM) businesses. For H2 FY26, Aimtron Electronics Limited reported consolidated revenue from operations of ₹1,786…
India Likely to Stay Stable Despite Global Uncertainty, Says Bank of Baroda
New Delhi, Apr 29 (BNP): India is expected to remain relatively stable and resilient despite increasing uncertainty in the global economy, according to a report by the Bank of Baroda. The report highlights that the global economic environment is currently facing several challenges, including geopolitical tensions, fluctuating commodity prices, and tighter financial conditions. These factors have created volatility across many economies. However, India is seen…
SBI Urges Structural Reforms to Tackle Rupee Slide, Inflation Pressures, and External Deficit
New Delhi, Apr 29 (BNP): India must adopt a comprehensive and long-term policy approach to address the growing risks arising from currency depreciation, imported inflation, and a widening balance of payments (BoP) deficit, according to a recent report by the State Bank of India. The report underscores that the primary concern is not just immediate external shocks, but their “second-round effects” on the broader economy.…
Sensex, Nifty Edge Higher as Investors Look Past Global Uncertainty
Mumbai, Apr 29 (BNP): Indian stock markets opened higher on Wednesday, holding firm despite rising crude oil prices and ongoing geopolitical tensions in the Middle East. The BSE Sensex gained around 400 points, or 0.52%, to trade at 77,289.55 in early deals. The Nifty 50 also moved up by 0.53%, reaching 24,123.55. Gains were seen across several sectors, with auto stocks leading the rally. Chemicals,…
‘Look East’ Travel Trend shapes Indian summer holiday choices
Thomas Cook India & SOTC Travel Highlight Asia as the Go-To for Spontaneous Summer Getaways Apr 29: With summer already underway, Indian travellers are making the most of the season with spontaneous, experience-led getaways across East and Southeast Asia. Insights from Thomas Cook India and SOTC Travel highlight a strong “Look East” trend, with travellers favouring destinations that offer ease of access, shorter travel durations and a rich…
Neo Alternative Asset Managers Commits INR 300 Crore to Atlantis at Narsingi in Its First Hyderabad Real Estate Investment
Hyderabad, Apr 29: Neo Alternative Asset Managers, the asset management arm of Neo Group, has committed structured debt financing of ₹300 crore to VRise Developers for Atlantis at Narsingi, the large-scale premium residential development by The Vasavi Group in West Hyderabad. Atlantis at Narsingi is a RERA-approved high-rise gated community comprising eight towers of 45 floors each, with 2,199 residences across 2 BHK, 3 BHK,…