Author: Neel Achary

Oil prices drop, global markets rally on easing US-Iran tensions

Apr 18 (BNP): Global financial markets saw a strong upswing after tensions between the United States and Iran showed signs of easing, lifting investor confidence across regions.

Oil prices declined sharply as fears of supply disruptions eased, particularly around the Strait of Hormuz, a critical route for global crude shipments. The earlier spike in prices, driven by geopolitical uncertainty, began to reverse as stability returned to the region.

Equity markets responded positively to the development. Major indices in the United States recorded notable gains, with technology and consumer sectors leading the rally. Lower oil prices also raised expectations of reduced inflationary pressure, further supporting market sentiment.

European and Asian markets followed the upward trend, reflecting a broader sense of relief among investors. Sectors sensitive to fuel costs, such as aviation and logistics, performed well, while energy stocks came under pressure due to falling crude prices.

Despite the optimism, market participants remain watchful. The sustainability of the current rally depends on how long the geopolitical calm holds, as any renewed tensions could quickly impact oil prices and global equities.

Vyapar Delhi 2026 Concludes in New Delhi; Auto Retail, Government & OEM Leaders Chart the Roadmap for a Greener, Inclusive Mobility Transition

Mumbai / New Delhi Apr 18: The Federation of Automobile Dealers Associations (FADA) today successfully concluded the 3rd Edition of Vyapar Delhi and 22nd Vyapar conclave nationally at Le Méridien, New Delhi. Held under the theme “Vyapar Delhi – Badalti Dilli”, the high-level industry forum brought together over 200 automobile dealers, senior policymakers, OEM leaders, financial institutions and domain experts to deliberate on the future of automotive retail and mobility in the National Capital Region.

The conclave was graced by Smt. Rekha Gupta, Hon’ble Chief Minister, Government of NCT of Delhi, as the Chief Guest, highlighting the critical role of the automobile retail sector in Delhi’s economic growth, employment generation, road safety and environmental transition.

Focused Dialogue on Policy, Compliance and Ease of Doing Business

 Vyapar Delhi 2026 featured policy-centric discussions and fireside chats addressing some of the most pressing challenges facing automobile dealers in the capital, including:

• Draft Delhi Electric Vehicle Policy,
• Vehicle Scrappage Policy,
• MCD classification of workshops – industrial vs commercial, and
• the long-pending Compensation Cess issue.

A dedicated technical session on Compensation Cess provided legal clarity and the road ahead for protecting dealers’ legitimate financial credits.

‘Badalti Dilli’: Reimagining Passenger Mobility

A key highlight of the conclave was the panel discussion titled “Badalti Dilli: Reimagining Passenger Mobility in India’s Capital”, featuring senior leadership from leading automobile manufacturers, including JSW Motors, Volvo Car India, Honda Cars India, BYD India and Nissan Motor India.

The discussion explored changing consumer expectations, electrification pathways, product strategy and the role of dealers as critical enablers of India’s mobility transition.

Smt. Rekha Gupta, Hon’ble Chief Minister, Govt of NCT of Delhi said- “We are committed to the mission of a ‘Clean Delhi, Green Delhi, and Smart Delhi.’ Our government has introduced the country’s most comprehensive EV Policy, allocating ₹4,000 crore over the next four years to provide subsidies, tax waivers, and scrapping incentives that drive us toward green mobility. To tackle pollution at its source, we are revolutionizing our transportation sector through massive investments, for the Metro and the establishment of automated fitness centers to ensure every vehicle on our roads is fit and emission-free. A ‘Viksit Bharat’ by 2047 is only possible with a ‘Viksit Delhi.’ I call upon our automobile dealers to act as the government‘s ‘working hands’ in motivating citizens to shift to clean energy. We are streamlining our policies to make registration easier and more efficient, ensuring that the people of Delhi have a world-class, environment-friendly experience right here in the capital. Together, we will transform Delhi into a city that defines the future of sustainable urban living.”

Mr. C. S. Vigneshwar, President, FADA, stressed the need for a balanced and inclusive approach to Delhi’s transformation: “Delhi is in motion, not just on its roads, but in its ambition, and at FADA, we believe automobile dealers must be full partners in this transformation. While we fully support the city’s commitment to a greener future and the Draft EV Policy, it is vital that this transition includes the 17,500 trained professionals whose livelihoods are woven into Delhi’s automotive ecosystem. Our vision of ‘Badalti Dilli’ is one where enablement moves faster than enforcement, where economic growth, road safety initiatives like CPR training and our ‘Buckle Up’ campaign, and environmental responsibility progress together without leaving anyone behind.”

He reiterated FADA’s continued engagement with policymakers, leadership development through FADA Academy, GenX and Women in FADA, as well as sustained legal efforts on the Compensation Cess matter.

Technology, Safety and Future Readiness

The conclave also featured sessions on AI-led dealership transformation, future-ready retail practices, and presentations by leading finance and technology partners.

Road safety remained a strong undercurrent throughout the day, with FADA reaffirming its commitment to helmet and seatbelt awareness, responsible driving behaviour, and CPR and first-response training at dealership levels.

Shri Shailender Luthra, Chairperson, FADA Delhi, said “Today’s gathering reflects a changing Delhi and an evolving auto retail trade. The sector today is vastly different from what it was five years ago, and we are witnessing a significant shift driven by rising consumer confidence and aspiration, with Delhi recording a 17% growth in vehicle sales as of March 2026. Annual new vehicle registrations stood at nearly 8 lakh units. Our industry remains a vital pillar of the city’s economy, with 550 dealership outlets providing employment to over 55,000 individuals and contributing approximately ₹7,150 crore to Delhi’s revenues through motor vehicle taxes and GST—₹2,650 crore annually in motor vehicle tax and ₹4,500 crore as GST contribution from the auto sector. The data clearly shows that India is no longer debating electric vehicle adoption; it is actively embracing it. Delhi has witnessed a sharp increase in electric commercial vehicles and a 62% rise in electric two-wheeler adoption. To support and lead this transition, FADA has proposed to the Delhi Government the installation of 150 public charging stations at our own cost. In parallel, we are committed to strengthening local employment through skill development centres at ITIs and have also proposed the establishment of a vehicle scrappage centre to further support the government’s environmental objectives. At FADA, we believe we are doing far more than selling vehicles—we are shaping the future of mobility. As Delhi and its businesses evolve, I am confident that our dealers will not only keep pace with change but will lead this vital transformation towards a sustainable future.” 

Vyapar Delhi 2026 reaffirmed FADA’s role as a constructive stakeholder in shaping policy, supporting environmental goals, strengthening road safety outcomes and safeguarding livelihoods ensuring that as Delhi evolves, its mobility ecosystem evolves responsibly and inclusively.

FLO Hyderabad presents “Unscripted: Life, Legacy & Reinvention” Featuring Neena Gupta and Masaba Gupta

 Women’s Reservation Bill Marks a Defining Moment—Leadership Begins Here.  The Next MP or MLA could already be in this room” — Seetha Reddy, Chairperson, FLO 

Hyderabad | Apr 18: FICCI Ladies Organisation (FLO) Hyderabad, under the leadership of Chairperson Seetha Reddy, hosted “Unscripted: Life, Legacy & Reinvention” at ITC Kohenur on Friday evening, bringing together acclaimed actor Neena Gupta and celebrated designer-entrepreneur Masaba Gupta for an engaging and candid conversation on resilience, reinvention, and individuality.

Delivering her welcome address, Seetha Reddy said: “As we step into this milestone 25th year of FLO Hyderabad, it is a moment of both reflection and renewed purpose. ‘Unscripted’ is not just a conversation—it is a reminder that every woman’s journey is unique, evolving, and powerful. Through platforms like these, we hope to inspire women to embrace their own narratives with confidence, to step forward, be heard, and lead. Because real change happens when every voice matters—and when every voice rises together.”

She further added, “This is truly a defining moment for all of us as women. I would also like to acknowledge the importance of the Women’s Reservation Bill. If the bill passed,  it is only a matter of time before we see familiar FLO faces stepping into leadership roles—perhaps the next MP or MLA is already in this room.”

The mother-daughter duo was in conversation with Seetha Reddy. Opening the session, Masaba Gupta reflected on carving her own path, saying that while being the daughter of accomplished parents could have been pressurising in fields like sports or acting, she never felt that burden in fashion. “I experienced it as a positive pressure,” she noted.

Neena Gupta, in her candid and characteristic style, shared her life philosophy: “Kaam maangne mein sharam nahi honi chahiye (one should never hesitate to seek work), but paise maangne mein sharam honi chahiye (one must be mindful when asking for money). Work is worship. If you work hard, there is no time for depression. No work is small. If you are educated and willing to work, you will never go hungry.”

She further added, “There is no point in being shy. Sell your expertise. Be honest with yourself, but you don’t need to display everything outwardly. Make the most of what you have.”

Reflecting on her career, Neena Gupta shared that she experienced true success at the age of 60 with her role in Badhaai Ho. “That film brought me recognition and renewed appreciation. Suddenly, I was seen differently. Success changes perceptions,” she said with her trademark humour, adding that she became more selective with roles after that phase.

Masaba Gupta, speaking about entrepreneurship, highlighted the importance of instinct and decision-making. “If I had learned to say ‘no’ earlier, I might have been a better entrepreneur. It’s difficult, but necessary. I am not driven by trends or the market—I follow my gut and aim to set trends,” she said.

She also shared a lighter personal note: “For my mother and me, jewellery shopping is therapeutic—it’s a joyful space.” She added that both jewellery and beauty ventures are extensions of her creative expression.

Addressing the realities of entrepreneurship, Masaba noted, “The founder’s journey is inherently lonely. Decision-making is often solitary. But success or failure is never final—what matters is to keep going and not give up.”

On financial prudence, Neena Gupta remarked, “I am an FD (Fixed Deposit) person. I have always taken a cautious approach to money. Whether in failure or success, I never had the luxury of dwelling in depression.”

In her closing message, Neena encouraged the audience to pursue passion: “Have a shauk (deep desire), and you can achieve anything.”

Masaba concluded with a practical insight: “In life, you don’t always get what you deserve—you get what you negotiate.”

The session, part of FLO Hyderabad’s landmark 25th-year celebrations, explored personal journeys shaped by courage, authenticity, and reinvention across life stages. The conversation offered valuable insights into navigating challenges, embracing change, and building meaningful legacies.

The event also set the tone for FLO Hyderabad’s Silver Jubilee year, reflecting on 25 years of empowering women through leadership, entrepreneurship, and social impact. Over the years, the chapter has driven significant transformation—supporting women-led enterprises, enabling artisanal clusters to generate over INR 1 crore in sales, impacting more than 600 weavers and artisans, and nurturing over 900 women entrepreneurs.

Seetha Reddy further emphasised that FLO Hyderabad’s journey has been built on vision and collective effort. Key initiatives include the FLO Industrial Park spanning over 50 acres, generating more than 1,500 jobs and attracting investments exceeding INR 250 crore; digital skilling and financial literacy programs reaching over 50,000 women; and sustained artisan support impacting thousands across urban and rural communities.

In its 25th year, FLO Hyderabad will focus on promoting Banjara needlecraft, supporting its evolution through design innovation and enhanced market access.

The event also marked the launch of an exciting annual calendar, including entrepreneurship bootcamps, youth engagement initiatives, financial literacy programs, and flagship platforms such as StyleTatva, which celebrates women-led businesses and creative enterprises.

With “Unscripted,” FLO Hyderabad reaffirmed its commitment to creating platforms where stories are shared, voices amplified, and women empowered to lead with purpose.

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Walk Through Time in India’s Most Remarkable Heritage Cities on World Heritage Day

As travel continues to become more intentional and experience-led, travelers are moving beyond conventional sightseeing in favor of journeys that feel slower, richer, and more immersive. This World Heritage Day, heritage destinations in India are finding renewed relevance among travelers who want to engage more deeply with culture, architecture, and history, while also enjoying the comfort and convenience of well-located stays that make exploration effortless. From the poetic symmetry of Mughal architecture to the intricate artistry of ancient cave temples and the grandeur of Rajasthan’s royal facades, India offers a heritage circuit where every destination tells a story worth lingering over.

Agra: A Timeless Ode to Love at the Taj Mahal 

No exploration of India’s heritage is complete without witnessing the ethereal beauty of the Taj Mahal. Built in white marble and celebrated for its intricate craftsmanship, this monument continues to captivate travelers from around the world. Agra’s charm extends beyond the Taj, with its rich Mughal legacy reflected across forts, gardens, and local artistry.

For those planning a cultural getaway, a stay at Holiday Inn Agra MG Road offers a convenient base in the heart of the city, allowing easy access to iconic landmarks while providing a comfortable and contemporary retreat.

Delhi: Layers of History at Qutub Minar and Humayun’s Tomb      

Delhi stands as a living archive of India’s past, where centuries of history coexist with a vibrant, modern energy. The towering presence of the Qutub Minar and the serene symmetry of Humayun’s Tomb offer a glimpse into the architectural evolution of the capital. Located in South Delhi, Crowne Plaza New Delhi Okhla provides a convenient base for travelers looking to explore the capital’s historic landmarks with ease.

Rajasthan: Living Royalty at Fort Barwara and Ranthambore Fort

Rajasthan offers a deeply immersive journey into India’s regal past, where grand forts and timeless traditions continue to shape its cultural identity. The historic Ranthambore Fort stands as a testament to the region’s layered history, offering panoramic views and a glimpse into its storied legacy. For those seeking to go beyond sightseeing, Six Senses Fort Barwara presents a unique opportunity to experience heritage from within. Thoughtfully restored, the property brings together architectural grandeur, cultural richness, and a slower, more mindful pace of travel, allowing guests to engage with Rajasthan’s past not just as observers, but as part of a living, evolving narrative.

Maharashtra: From Ancient Rock Cut Marvels to Coastal Icons

Maharashtra presents a diverse heritage narrative, from the intricate rock-cut brilliance of the Ajanta Caves and Ellora Caves to the colonial-era prominence of the Gateway of India. While the caves reflect centuries-old artistic and spiritual traditions, Mumbai offers a contemporary cultural lens shaped by history and urban evolution.
When in Mumbai, a stay at InterContinental Marine Drive Mumbai places travelers along the iconic coastline, close to key landmarks, blending heritage exploration with scenic indulgence.

Jaipur: Royal Grandeur at the Hawa Mahal

Jaipur’s Pink City continues to enchant with its regal architecture and vibrant cultural fabric. The Hawa Mahal, with its distinctive façade and historical significance, stands as a testament to Rajasthan’s royal past and architectural ingenuity.

Enhancing this experience, a stay at InterContinental Jaipur Tonk Road reflects the city’s character, where modern comforts are seamlessly woven with local design sensibilities, allowing travellers to immerse themselves in Jaipur’s rich heritage.

Jim Corbett: A Living Legacy of India’s Natural Heritage

Not all heritage is carved in stone- some of it lives and breathes in the wild. Jim Corbett National Park offers a unique perspective on India’s heritage, where conservation and wilderness take center stage, shaping a legacy that continues to evolve. Established as India’s first national park, it reflects the country’s early conservation efforts, with its dense forests, riverine landscapes, and rich biodiversity inviting travellers to experience nature in its most immersive form.

Enhancing this experience, a stay at Jim Corbett Marriott Resort & Spa offers a tranquil base amidst the wilderness, where comfort blends seamlessly with the surrounding landscape, allowing us to engage with this natural heritage at a slower, more mindful pace.