Indian investors now hold 50.3 Percent stake, strengthening local ownership

Paytm, India’s full stack merchant payments leader serving MSMEs and enterprises, and a leading financial services distribution company, and the pioneer of mobile payments, QR codes, and Soundbox, today announced that it has become an Indian Owned and Controlled Company (IOCC). As per the shareholding pattern for the quarter ended March 31, 2026, domestic investors now hold 50.3% of the Company’s equity share capital, establishing…

Rupee Rises 6 Paise to 93.27 as Crude Oil Eases, Dollar Weakens

Mumbai, April 16 (BNP): The Indian rupee strengthened in early trade on Thursday, appreciating by 6 paise to 93.27 against the US dollar, supported by easing crude oil prices and a softer American currency. The domestic currency opened at 93.29 per dollar at the interbank foreign exchange market and later firmed to 93.27 in early deals. Market sentiment was buoyed by a decline in global…

Study Explores Why Fasting Can Lead to a Longer Lifespan

DALLAS, April 16: Restricting calories has long been recognized as a powerful way to live longer, with periods of intermittent fasting proving more effective than a steady diet. However, the mechanism behind this phenomenon has been unclear. Research led by UT Southwestern Medical Center scientists and published in Nature Communications suggests it’s not the fast itself that extends life, but how the body metabolically pivots during refeeding after…

Adani Wind Unveils 5 MW Turbine Prototype in Mundra, Strengthening India’s Clean Energy Ambitions

Gujarat, Apr 16 (BNP): India’s clean energy sector received a boost as Adani Wind commissioned a 5 MW wind turbine prototype at Mundra, marking a significant step in domestic renewable energy innovation.  Pic Credit: Pexel The prototype is among the largest wind turbines developed in India and is expected to enhance power generation efficiency while lowering the cost of wind energy. The project reflects the company’s…

India’s Gem and Jewellery Exports Slip in FY26, but New Markets Offer Hope

New Delhi, Apr 16 (BNP): India’s gem and jewellery exports saw a slight decline in FY26, as global trade challenges and tariff pressures weighed on demand. However, the industry showed resilience by expanding into new markets and adapting to changing conditions. Pic Credit: Pexel  Exports during the year stood at $27.72 billion, reflecting a modest drop compared to the previous year in dollar terms, even…

Muted Global Steel Demand Through 2026, Strong Recovery Expected Led by India

Pic Credit: Pexel New Delhi, Apr 16 (BNP): Global steel demand is expected to remain subdued in the near term, with meaningful recovery likely only in 2027, according to a recent report by Centrum citing estimates from the World Steel Association. The report projects global steel demand growth of just 0.3% in 2026, reflecting continued weakness in key markets. China, the world’s largest steel consumer,…

Indian Equity Markets Surge on Easing West Asia Tensions

News Delhi, Apr 16 (BNP): Indian equity markets recorded a strong rally today, driven by improved global sentiment as geopolitical tensions in West Asia showed signs of easing. Benchmark indices posted notable gains, with the Nifty rising by 500 points and the Sensex advancing 0.7%. The positive momentum was supported by renewed investor confidence, as concerns over potential disruptions in global markets and energy supplies…

Surmaye Celebrates Motherhood Through Craft, Memory, and Meaning This Mother’s Day

Apr 16:  This Mother’s Day, Surmaye offers a moment of stillness—a gentle invitation to honour motherhood not through grand gestures, but through pieces that hold memory, meaning, and time within their folds. Rooted in its philosophy of “A Conscious Pause,” Surmaye approaches design with a sense of quiet intentionality—much like the enduring presence of a mother. There is a certain poetry in the everyday rituals…

Merck Foundation Marks ‘World Art Day’ by Celebrating the 6 Year Anniversary of Their ‘Fashion and Art With Purpose’ Community Established in 2020

Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks World Art Day 2026 through their Pan-African “Art and Fashion with Purpose” community, established by Dr. Rasha Kelej, CEO of Merck Foundation. On this occasion, the Merck Foundation also proudly celebrates the 6-year anniversary of this impactful community, which continues to harness the power of art and fashion to address critical health…

BPTP Awards INR 488 Crore Construction Contract for Downtown 66 to NCC Limited

Business Wire India BPTP Limited announces the award of the construction contract for its residential development, Downtown 66 in Sector 66, Gurugram, to NCC Limited.   The contract, valued at approximately INR 488 Crore, pertains to civil structure and finishing with a total construction area of approximately 1,79,302 Sq.mtr. The scope of work includes towers, and other amenities, aligned with approved project plans and defined…