10, Apr 2026
Harivansh Renominated to Rajya Sabha by President Murmu
New Delhi, Apr 10 (BNP): Droupadi Murmu has nominated Harivansh Narayan Singh to the Rajya Sabha, marking his return to the Upper House shortly after his previous term came to an end.
Harivansh’s earlier tenure in the Rajya Sabha concluded on April 9. His fresh nomination fills the vacancy created by the retirement of Ranjan Gogoi, who had been serving as a nominated member.
A seasoned parliamentarian and current Deputy Chairman of the Rajya Sabha, Harivansh is widely regarded for his experience in legislative proceedings and parliamentary affairs. His re-entry is expected to bring continuity and stability to the functioning of the House.
The move also underscores the importance of experienced voices in the Upper House, especially at a time when legislative debates continue to play a crucial role in shaping policy and governance.
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- By Neel Achary
10, Apr 2026
Godrej Properties Hits Record Sales, Emerges as Real Estate Leader
New Delhi, Apr 10 (BNP): Godrej Properties Ltd has reported a strong performance for the last financial year, with its pre-sales rising 16% to a record ₹34,171 crore, driven by robust demand for housing projects across key markets.
The company not only surpassed its own target of ₹32,500 crore but also strengthened its position in the sector. With this growth, it is on track to become the largest listed real estate developer in India in terms of sales bookings during FY26.
The impressive numbers reflect sustained buyer interest, especially in urban housing, as well as the company’s focus on launching well-located, high-demand residential projects. Its ability to consistently deliver and maintain brand trust has also played a key role in attracting homebuyers.
This milestone highlights how Godrej Properties is scaling up rapidly in India’s competitive real estate market, combining strong execution with favorable housing demand to cement its leadership position.
10, Apr 2026
ADB Projects Steady Growth for India, Warns of Global Risks
New Delhi, Apr 10 (BNP): The Asian Development Bank (ADB) has projected that India’s economy will continue to grow at a healthy pace, estimating GDP growth at 6.9% for the current financial year and 7.3% for the next.
Pic Credit: Pexel
The outlook is supported by strong domestic demand, improving financial conditions, and relatively lower US tariffs on Indian goods. These factors are expected to help sustain momentum despite global uncertainties.
At the same time, the ADB has flagged potential risks. Ongoing tensions in the Middle East could impact India’s economy by driving up energy prices, disrupting trade, and affecting remittance flows from the region.
Overall, the report reflects confidence in India’s growth story, while highlighting the need to stay alert to external challenges.
10, Apr 2026
Rising Global Concerns Over Potential War and Nuclear Threat
Fears rise over a possible major war and nuclear threat following predictions attributed to “China’s Nostradamus.”
Chaina, Apr 10(BNP): Growing fears have emerged worldwide over the possibility of a major conflict and potential nuclear escalation, following recent predictions attributed to so-called “China’s Nostradamus.” The forecasts, which have gained traction across social media and online platforms, have sparked widespread speculation and anxiety among the public.
While such predictions remain unverified and speculative in nature, they have reignited discussions around global security, geopolitical tensions, and the risks associated with modern warfare. Experts have urged caution, emphasizing the importance of relying on credible sources and official statements rather than unsubstantiated claims.
Authorities and analysts continue to monitor international developments closely, while calling for calm and responsible dissemination of information to prevent unnecessary panic.
10, Apr 2026
Rupee Edges Higher in Early Trade Amid Global Uncertainty
Mumbai, Apr 10 (BNP): The Indian rupee opened on a slightly stronger note on Friday, gaining 10 paise against the US dollar in early trade, even as global tensions continue to weigh on market sentiment.
The currency rose to 92.41 per dollar after opening at 92.58 in the interbank foreign exchange market, marking a modest recovery from its previous close.
However, traders remain cautious. Ongoing geopolitical concerns, particularly tensions involving the United States and Iran, are expected to keep the rupee volatile during the day.
Market participants are also closely watching a key regulatory deadline from the Reserve Bank of India (RBI), which requires banks to scale back their overnight dollar positions to USD 100 million. The move is likely to trigger increased trading activity and short-term fluctuations in the currency.
While the rupee has shown some early strength, experts believe that a mix of global risks and domestic policy factors could lead to unpredictable movements in the near term.
10, Apr 2026
Nidec Appoints Michael Briggs as Chairman and Chief Executive Officer of Business Units to Lead the Next Phase of Transformation and Growth
St. Louis, MO – Apr 10 – Nidec, a global leader in electric motors, drives, and controls powering critical industries worldwide, announced the appointment of Michael Briggs as Chairman of the Motion & Energy Business Unit and Chief Executive Officer of the Appliance & Automotive Division, effective April 1, 2026. In this role, he will oversee a global portfolio of businesses, focused on deepening customer relationships, driving performance, and advancing the company’s next phase of transformation and growth.
Michael steps into the role at a pivotal moment for Nidec, as the company continues to solidify its operating foundation, enhance governance, and position the business for long-term, sustainable growth. His appointment reflects Nidec’s commitment to disciplined execution, transparency, and the delivery of high-quality, reliable products and solutions that power critical industries worldwide.
“We are enhancing our governance framework and global management structure to reinforce accountability, improve operational discipline, and support long-term performance,” said Mitsuya Kishida, Representative Director, President, and Chief Executive Officer of Nidec. “Michael’s experience across commercial and operational strategy, combined with leading large-scale business integration, will be critical as Nidec continues to strengthen its culture and build a more resilient organization.”
Michael has been a highly impactful member of Nidec’s Executive Leadership Team, most recently serving as President of the Nidec Motion & Energy business. Prior to this role, he served as the Chief Financial Officer for the Nidec Appliance Commercial and Industrial Motor Business, and as President of Nidec Control Techniques, where he successfully led the integration of complex global operations, enabling greater alignment and agility in response to evolving industry demands.
“I’m honored to take on this role at such a defining moment,” said Michael Briggs. “Nidec is built on innovation and the strength of its people. As we move forward, our focus is to execute with excellence, strengthen trust with our customers and partners, and continue advancing the capabilities that will shape the future of Nidec.”
Nidec is a leading manufacturing organization, with deep technical expertise and a proven ability to deliver at scale. At the core of its transformation are Nidec’s people who bring a relentless commitment to quality, innovation, and customer success. The company continues to invest in its people and capabilities to deliver excellence, every day, everywhere.
10, Apr 2026
Stock Markets Bounce Back in Early Trade Led by Banking Stocks
Mumbai, Apr 10 (BNP): Indian equity markets opened on a strong note on Friday, recovering from previous losses as banking stocks led the upward movement. Support from positive global market trends also boosted investor sentiment.
The benchmark Sensex surged by over 600 points in early trading, reaching around 77,260, while the Nifty 50 advanced by more than 200 points to trade close to the 23,980 mark.
Gains were largely driven by heavyweight banking and financial stocks. Shares of major lenders and financial firms, including Axis Bank, State Bank of India, and ICICI Bank, saw notable buying interest. Financial services players like Bajaj Finance and Bajaj Finserv also contributed to the rally. Meanwhile, Asian Paints was among the other prominent gainers.
The upbeat trend reflects renewed confidence among investors, supported by encouraging signals from global markets and selective buying in key sectors, particularly banking.
10, Apr 2026
DCB Bank opens new branch at Adyar, Chennai
Chennai, Apr 10: DCB Bank – a leading new-generation private sector bank – today announced the opening of its new branch in Adyar, Chennai. This strategic expansion reinforces the Bank’s commitment to strengthening its presence in key urban markets while delivering superior banking experiences to customers in Tamil Nadu.
Located in a prominent residential and thriving commercial hub of Chennai , the branch at Adyar offers a comprehensive suite of retail and business banking products and services. The branch caters to the evolving financial needs of individuals, entrepreneurs and small and medium enterprises in the micro market.
As part of its customer-centric approach, the Bank offers flagship offerings, including the DCB Legends Account, a premium banking program customised for senior citizens, offering curated benefits, personalised services and preferential banking privileges. This includes doorstep services, the DCB Visa Platinum International Debit Card and access to exclusive healthcare benefits with Apollo Hospitals using DCB Bank cards, plus other premium benefits.
DCB Business Saver Account is the other flagship banking product. A custom bank account that enables businesses to optimise working capital and enjoy the benefits of attractive features such as competitive account balance requirement and enhanced transaction capabilities. DCB Business Saver Account is a Current Account, that has a linked Savings Bank account. This enables the auto transfer of excess funds in the Current Account to the linked Savings Bank account. The balance amount in the linked Savings account earns daily interest, maximising returns. Interest is not paid for the amount in the Current Account. This product simplifies cash flow management for the business.
The new Adyar branch’s range of services include products such as, Savings and Current account, Capital Gains account, DCB Fixed Deposit, Tax Saver Fixed Deposit, DCB Loans – such as, Business Loan, Mortgage and Home Loan, Loan against gold jewellery, and digital banking solutions. The Bank offers NRI banking and Trade Finance solutions too. Customers also enjoy DCB Bank’s seamless digital integration for GST and Income Tax payments, and DCB Remit – the online funds transfer abroad service, ensuring convenience alongside personalised in-branch support.
The new branch was inaugurated by Dr. Kalpana Balakrishnan, Director, Adyar Cancer Institute, and Dr. Girish Shiv Rao, President, Medical Research Foundation, Sankara Nethralaya, as chief guests, along with Mr. Balu Srinivasan, Independent Director, DCB Bank and Mr. Sridhar Seshadri, Executive Director of the Bank.
Commenting on the latest branch launch, Mr. Sridhar Seshadri, Executive Director, DCB Bank, said, “Adyar branch inauguration marks a crucial step for DCB Bank’s growth in the Chennai region. Chennai remains a high-potential market for financial services. The Bank’s commitment to customer delight involves personal warmth and the human touch achieved from placing ourselves closer to our clients and prospective customers and offering smooth and secure digital banking options. We look forward to customers enjoying the experience of innovative products, digital capabilities and relationship-driven service. We aim to build deeper, more meaningful customer engagement.”
Given its steadily expanding network and strong focus on customer-first banking, DCB Bank is focused on building a robust network across India, serving diverse customer segments with bespoke financial solutions.
10, Apr 2026
SK Telecom Signs MOU with Arm and Rebellions for Next-Generation AI Infrastructure Innovation
Seoul, Korea, Apr 10 – SK Telecom (NYSE: SKM, hereinafter referred to as “SKT”) announced that it has signed a Memorandum of Understanding (MOU) with Arm and Rebellions to drive innovation in next-generation AI infrastructure.
Through this agreement, the three companies will jointly develop a solution that combines Arm’s newly launched AGI CPU and Rebellions’ upcoming RebelCard™, scheduled for release in the third quarter of this year, to enhance AI inference performance. The solution will be tested and verified in SK Telecom’s AI data centers.
Arm AGI CPU is optimized for high-density inference environments and large-scale AI deployment. Rebellions’ ‘RebelCard™’ is an AI accelerator chip specialized for large-scale AI inference. Recently, heterogeneous computing architectures that combine CPUs and AI accelerator chips are gaining significant attention in the AI server market. In this structure, the CPU handles general-purpose computing such as data processing and system operation, while the AI accelerator chip is dedicated to AI inference computation.
Compared to GPU-based servers, this architecture offers higher power efficiency and processing efficiency for AI inference tasks, as well as reduced operating costs. As a result, it is recognized as an efficient server architecture for data centers running large-scale AI services.
SKT plans to deploy servers equipped with this solution in its AI data centers to validate performance and stability. In particular, the company is reviewing the possibility of operating its sovereign AI foundation model, A.X K1, on these servers. Through this collaboration, SKT aims to secure low-power, high-efficiency AI inference infrastructure and further strengthen its competitiveness in the AI data center business.
Arm is a leading AI compute platform powering the world’s most advanced technologies. While Arm has traditionally focused on chip design, the company on March 24 announced the launch of its first Arm-designed silicon, Arm AGI CPU — a data center CPU optimized for high-density inference environments and large-scale AI deployment.
In March, at the “Arm Everywhere” event, Arm and Rebellions combined their respective chips to deliver a live demonstration of an agentic AI service based on OpenAI’s GPT OSS 120B, highlighting the potential applicability of this heterogeneous CPU–accelerator architecture to large-scale data center workloads.
Lee Jae-shin, Head of AI Business Development at SK Telecom, said, “By offering a full package that combines infrastructure optimized for inference with our sovereign AI foundation model A.X K1, we will further enhance the competitiveness of our AI data centers.”
Eddie Ramirez, Vice President of Go-to-Market, Cloud AI Business Unit, Arm, said, “The rapid growth of AI inference is driving demand for new data center infrastructure designed for large-scale deployments. Partners like SK Telecom and Rebellions played an important role in helping us build the Arm AGI CPU and modernize AI inference infrastructure.”
Oh Jin-wook, CTO of Rebellions, said, “By providing our ‘RebelCard’—which offers overwhelming performance and power efficiency—alongside our full-stack software, Rebellions has become a core pillar supporting next-generation AI data centers. We expect this ‘one-team’ collaboration of experts to serve as a significant precedent in the industry for building AI-specialized infrastructure.”
9, Apr 2026
Tezos Ecosystem Expands Global Presence with New Entities in Dubai and Singapore
Tezos Middle East and Tezos Southeast Asia will focus on regional ecosystem development in key verticals such as gaming, capital markets, and art, with the Tezos Patronage Association helping ensure strategic alignment
Zug, Switzerland—9th April, 2026—The Tezos ecosystem is broadening its international institutional presence through new entities designed to attract builders, deepen ecosystem engagement, and incubate projects across the ecosystem. The establishment of Tezos Middle East, headquartered in Dubai International Financial Centre, and Tezos Southeast Asia, headquartered in Singapore, extends that effort into two regions with strong track records across key verticals, including gaming, DeFi, capital markets, and art. The Tezos Patronage Association (TPA) has also been established to help ensure strategic alignment across these independent entities.
Founded in 2017 and based in Zug, Switzerland, the Tezos Foundation has focused on advancing the long-term development of the Tezos ecosystem through strategic investment, research and development, and ecosystem initiatives. Tezos Middle East and Tezos Southeast Asia will complement that effort as independent entities designed to move quickly, develop domain expertise, and engage with promising projects and companies across the ecosystem. As a Swiss association, TPA will bring together major organizations focused on the growth and development of the Tezos ecosystem and help maintain strategic alignment among independent entities. In time, TPA may invite additional members to join the association, broadening participation and echoing the Tezos blockchain’s globally distributed structure.
Roman Schnider, Chairman of TPA, said, “Tezos has come a long way, from the early fundraiser to a global ecosystem powering DeFi, gaming, art, and real-world applications that benefit many. Today, we are proud to take the next step in that journey with the launch of the Tezos Patronage Association, a new Swiss industry association created to align and amplify efforts across the Tezos ecosystem, alongside new independent entities in Dubai and Singapore.
By establishing independent entities in two of the world’s most dynamic regions for blockchain development, we can engage faster, develop deeper expertise, and connect more effectively with the projects and companies shaping the future in the Middle East and Southeast Asia. For builders and partners in these regions, this means we are here, local, and ready to work with you. We are not slowing down in Europe or the US either; this is about expanding our commitment globally, one great project at a time.”
Tezos is supported by a number of organizations around the world, reflecting the ecosystem’s international scope. In addition to TPA and the entities announced today, the Tezos Foundation in Switzerland and the Digital Commonwealth Foundation (DCF) in Jersey continue to contribute to the ecosystem’s long-term development. Tezos Commons, a US-based organization, contributes community infrastructure, governance tooling, educational resources, and expertise around the Tezos protocol. While the organizations in Switzerland, Jersey, Dubai, and Singapore focus on ecosystem growth through strategic investment and ecosystem initiatives, Tezos Commons plays a distinct role in strengthening the ecosystem’s community and technical foundations.
Commenting on the launch, Arthur Breitman, co-founder of Tezos, said, “Tezos is a global ecosystem, and its institutional structure should reflect that reality. A more distributed model gives different organizations the autonomy to move quickly, develop domain expertise, and respond to opportunities as they arise. That kind of subsidiarity makes the broader Tezos effort more dynamic, more adaptable, and better positioned for long-term ecosystem growth and broader adoption.”
