Category Archives: Business

Samsung Solve for Tomorrow 2026 Entries Open From May 7; Applications Closes July 3

• AI Living for India: AI-led solutions for inclusive innovation
• Health & Education: Affordable tech for better access
• Sport & Tech: Innovation to enhance performance and inclusion
• Environmental Sustainability: Solutions for climate and resource efficiency

India Manufacturing Sentiment Remains Positive in Q4 FY26

New Delhi, May 6 (BNP): India’s manufacturing sector continued to show a positive growth outlook in the fourth quarter of FY26, even as businesses faced rising raw material costs and global economic uncertainties, according to a latest FICCI survey.

The survey indicates that overall industry sentiment remains steady across key manufacturing segments, despite cost pressures impacting input expenses. Capacity utilisation witnessed a marginal decline to around 72%, compared to the previous quarter.

However, manufacturers continue to remain optimistic about the next six months, with a stable investment outlook reflecting confidence in demand conditions and long-term business prospects.

The survey covered major industries including automobiles, capital goods, chemicals, fertilizers and pharmaceuticals, electronics and electricals, machine tools, metals, and textiles.

Overall, the findings highlight the resilience of India’s manufacturing sector, with sustained optimism expected to support production growth, investment activity, and broader industrial expansion in the coming months.

Sensex, Nifty Surge in Strong Market Rally

May 6 (BNP): Indian equity markets continued their upward momentum on Wednesday, with benchmark indices closing strongly in positive territory amid broad-based buying across sectors.

The BSE Sensex surged by 941 points, while the NSE Nifty 50 advanced by 298 points, reflecting strong investor sentiment.

The rally was supported by positive global cues and sustained domestic inflows, with financials, energy, and IT stocks leading the gains. Market participants noted improved risk appetite and continued optimism in key sectors.

Overall, the trading session highlighted strong bullish momentum, with benchmarks extending their gains on broad market participation.

India–EU Launch INR 169 Crore EV Battery Recycling Push

New Delhi, May 6 (BNP): India and the European Union have announced a joint initiative worth ₹169 crore aimed at accelerating the development of advanced technologies for recycling electric vehicle (EV) batteries.

The collaboration is designed to support sustainable mobility by improving the way used EV batteries are processed, recovered, and reused. The focus will be on developing innovative recycling methods that can help recover critical materials, reduce environmental waste, and strengthen the circular economy in the clean energy sector.

Officials noted that the partnership reflects a shared commitment between India and the EU to promote greener transportation solutions and reduce dependency on raw material extraction through more efficient resource recovery systems.

The initiative is expected to encourage research and innovation in battery recycling technologies while also supporting long-term environmental and economic sustainability goals in the EV ecosystem.

India’s Exports Reach Record Dollar 863 Billion in 2025–26 on Services Push

May 6 (BNP): India’s external trade has reached a historic milestone, with total exports of goods and services touching an all-time high of $863.11 billion in FY 2025–26.

The sharp rise was primarily driven by the robust performance of the services sector, which continued to outperform merchandise exports. Strong global demand for India’s IT services, business process outsourcing, consulting, and professional services played a major role in boosting overall export earnings.

 Merchandise exports also contributed to the growth, though at a more moderate pace compared to services. At the same time, imports increased due to higher demand for crude oil, raw materials, and other industrial inputs, reflecting continued domestic consumption and manufacturing activity.

Despite global economic uncertainties, India’s export sector remained resilient and diversified. The strong services-led growth highlights the country’s increasing integration into global value chains and its rising importance as a global services hub.

Overall, the record export performance underscores the structural strength of India’s external sector, with services emerging as the key driver of growth in FY 2025–26.

Mother’s Day Brunch at Miri, The St. Regis Goa Resort

 This Mother’s Day, celebrate the most important woman in your life with a sophisticated and joyful brunch experience at Miri. Set within the elegant surroundings of The St. Regis Goa Resort, this afternoon is designed to bring families together through thoughtful hospitality, exceptional flavours, and a vibrant atmosphere.

Guests can indulge in an elaborate, chef-curated menu featuring global brunch favourites, comforting classics, and a decadent array of desserts crafted to honour the occasion. Whether you prefer a refreshing non-alcoholic experience or a celebratory alcoholic package, Miri provides the perfect backdrop for a meaningful family gathering.

The afternoon will be accompanied by the soulful sounds of a live band, creating a relaxed yet memorable ambience that perfectly complements the spirit of the day.

Date: Sunday, 10th May
Time: 1:00 PM to 4:00 PM

NILE Hospitality Launches ‘Holidays With NILE’ Summer Vacation Offer Across India

May 6: NILE Hospitality has announced its special summer vacation campaign, ‘Holidays With NILE’, across its properties in nine destinations, including Udaipur, Kandla, Amritsar, Indore, Dwarka, Bhuj, Sasan Gir, Navsari and Narkanda. Designed especially for families planning their summer holidays, the offer includes a complimentary room for children in select hotels, making travel more comfortable, convenient and memorable.

The offer is available till September across all participating NILE Hospitality properties. With summer vacations being one of the most preferred travel periods for families, the initiative aims to provide guests with a more relaxed and value-driven holiday experience.

From cultural escapes in Udaipur and Bhuj to spiritual getaways in Dwarka and Amritsar, peaceful retreats in Narkanda, business and leisure stays in Indore and Kandla, and nature-led experiences in Sasan Gir, NILE Hospitality offers travellers a wide range of destinations to explore during the holiday season.

The special summer vacation offer is aimed at families looking for short breaks, leisure holidays, spiritual trips, wildlife getaways and relaxed stays across India. Guests can book their stays at participating NILE Hospitality properties and avail the offer until September end, subject to availability and applicable terms.

NILE Hospitality continues to strengthen its presence across India through a growing portfolio of hotels that cater to both business and leisure travellers. With a focus on comfort, service excellence and guest-centric experiences, the company remains committed to creating meaningful stays across emerging and established destinations.

 

PM Modi and President To Lam Chart Next Phase of India–Vietnam Strategic Partnership

New Delhi, May 6 (BNP): Prime Minister Narendra Modi held bilateral talks with Vietnamese President To Lam at Hyderabad House, focusing on strengthening the India–Vietnam Comprehensive Strategic Partnership.

The discussions covered key areas of cooperation including trade and investment, defence and security, digital technology, energy, and connectivity. Both leaders also exchanged views on regional and global developments of mutual interest.

The meeting emphasized enhancing economic engagement, improving supply chain resilience, and exploring new opportunities in emerging sectors such as infrastructure, critical minerals, and innovation-led growth.

The visit comes at a significant milestone as both countries mark 10 years of their upgraded strategic partnership. The engagement is expected to further deepen bilateral ties and open new avenues for cooperation between India and Vietnam.

Hisense India Appoints Rahul Khanna as Head Home Appliances to Drive Next Phase of Growth

Welcoming Rahul to the organization, Pankaj Rana, CEO, Hisense India, said, “We are delighted to welcome Rahul to Hisense India at a pivotal moment in our growth journey. As we expand into new product categories, his leadership will be instrumental in building a strong appliances portfolio grounded in innovation, speed, and execution. We are excited about the road ahead as we continue to bring world-class technology closer to Indian consumers. India’s appliance and consumer electronics market is poised for significant expansion, with strong tailwinds from rising incomes, rural demand, and increased investments in local manufacturing and AI-led innovation. Having observed over 50% growth in CY25 compared to CY24, Hisense India is well positioned to meet evolving consumer demand and bring innovative home appliance technologies to the market at accessible price points. Let’s build big and move fast.”

Commenting on his appointment, Rahul Khanna, Head – Home Appliances (Washing Machines, Refrigerators and SDA), Hisense India, said, “I am excited to join Hisense India at such an important phase of its journey. The opportunity to build and scale new categories with a brand that is globally recognized for innovation is truly inspiring. I look forward to contributing to the company’s vision by delivering high-quality, technology-driven products that resonate with Indian consumers.”

Odisha Investors’ Meet Showcases State as Emerging Industrial Growth Destination