Karnataka, Apr 16: ACC, the cement and building materials company of the diversified Adani Portfolio, along with the Adani Foundation, has revived a long-defunct health centre in Wadi village of Vijay Nagar ward—restoring access to essential healthcare services for nearly 80 SC households who had long lacked a functional facility. For years, the village struggled with remnants of the healthcare facility. A stalled renovation had made the centre unusable, while an impassable railway track forced villagers walk extra miles…
WEF: Global GDP May Rise by Dollar 56 Trillion in 5 Years, Powered by AI and New Technologies
Apr 16 (BNP): The global economy is expected to see a major surge in growth over the next five years, driven largely by rapid advances in artificial intelligence, quantum computing, and other emerging technologies, according to the World Economic Forum (WEF). The report estimates that global GDP could increase by about $56 trillion over this period, as industries across the world adopt new technologies that…
Libas Gears Up for IPO While Expanding Retail Footprint Rapidly
Apr 16 (BNP): Indian ethnic wear brand Libas is targeting a public listing by early next fiscal year as it continues to expand its retail presence across the country, according to a top company executive. However, the timing of the initial public offering (IPO) may shift by a few months depending on market conditions. The company noted that recent volatility in equity markets, driven by…
GM Modular Launches Smart Living Studio in Lucknow, Strengthens North India Presence
Lucknow, April 16: GM Modular, a leading name in electrical solutions and home automation, has launched its GM Smart Living Studio in Lucknow, marking a significant milestone in the brand’s expansion across North India. Located in the prime locality of Gomti Nagar, the newly unveiled showroom spans 1,353 sq. ft. and is designed to offer a premium, experiential retail environment. The studio showcases GM Modular’s…
PM Modi, Austrian Chancellor Christian Stocker Hold Talks to Strengthen Bilateral Ties
New Delhi, Apr 16 (BNP): Prime Minister Narendra Modi held bilateral discussions with Austrian Federal Chancellor Christian Stocker at Hyderabad House on Thursday, as part of the Austrian leader’s four-day official visit to India. The two leaders reviewed the overall state of India-Austria relations and discussed ways to further deepen cooperation across key sectors, including trade, innovation, sustainable development, and cultural exchange. The meeting underscored…
Silver Prices Gain on MCX as Fresh Buying Emerges
New Delhi, Apr 16 (BNP): Silver prices gained in futures trade on Thursday, rising 0.82% to ₹2,53,800 per kilogram, supported by fresh buying interest and global market uncertainty. On the Multi Commodity Exchange (MCX), silver contracts for May delivery advanced by ₹2,058 per kg, with a total trading volume of 2,095 lots during the session. Market participants attributed the rise to renewed position-building activity, as…
Unemployment Edges Up to 5.1 pc in March, Urban Areas Drive Rise
New Delhi, Apr 16 (BNP): India’s unemployment rate for individuals aged 15 years and above rose to 5.1% in March 2026, up from 4.9% in the previous month, according to the latest Periodic Labour Force Survey (PLFS) Monthly Bulletin released by the statistics ministry. The increase was largely driven by rising joblessness in urban areas, where the unemployment rate climbed to 6.8% in March, compared…
India Steps Up Biogas Blending in CGD Networks Amid Global LNG Supply Pressure
Apr 16 (BNP): India is accelerating the integration of compressed biogas (CBG) into city gas distribution (CGD) networks as global Liquefied Natural Gas (LNG) supplies tighten amid ongoing geopolitical tensions in West Asia. The move reflects a broader push to strengthen domestic energy security and reduce dependence on imported natural gas. The government has shifted from a voluntary adoption model to a structured mandate under…
India, US Advance Trade Talks as Envoy Meets US Officials in Washington
Washington, Apr 16 (BNP): India’s Ambassador to the United States, Vinay Mohan Kwatra, held meetings with US Trade Representative Jamieson Greer and former US National Security Adviser Robert O’Brien, as both countries continue discussions on a proposed bilateral trade agreement. The meetings come at a time when India and the US are working to refine the details of their bilateral trade framework, aimed at strengthening…
WEF Highlights Middle Income Economies as Growth Engine
Apr 16 (BNP): Middle-income economies are poised to become the primary drivers of global economic growth in the coming years, even as the world economy continues to face a range of new and evolving challenges, according to the World Economic Forum (WEF). The outlook highlights that these economies are gaining importance due to strong demographic trends, expanding industrial capacity, and rising domestic consumption. Together, these…