Category Archives: Business

India Real Estate Hits Record Dollar 5.1 Billion Inflows in Q1

Apr 22 (BNP): India’s real estate sector has achieved a historic milestone, recording approximately $5.1 billion in investment inflows during the first quarter (January–March), marking its strongest quarterly performance to date.

The growth was primarily driven by robust participation from domestic investors and the expanding role of Real Estate Investment Trusts (REITs), which are increasingly channeling capital into income-generating commercial assets.

Investment activity remained concentrated in key urban centres, including Bengaluru, Mumbai, and Delhi-NCR, with strong interest in office spaces, mixed-use developments, and core real estate assets.

The sector continues to demonstrate resilience amid global economic uncertainties, supported by strong domestic demand, institutional confidence, and evolving investment structures.

Experts highlight that the rising dominance of domestic capital reflects a structural transformation in India’s real estate market, moving toward a more stable, transparent, and institutionally driven investment ecosystem.

With REITs gaining further traction and investor appetite remaining strong, India’s real estate sector is expected to maintain steady growth momentum in the coming quarters.

Solidus Commissions Punjab’s Largest Captive Open Access Solar Power Plant

Apr 22 (BNP): Solidus has commissioned the largest captive open access solar power plant in Punjab, marking a significant step forward in the state’s renewable energy landscape.

The project is designed to provide dedicated clean power for captive consumption, reducing reliance on conventional grid electricity and lowering carbon emissions. By utilising the open access model, the plant enables efficient and cost-effective energy supply directly to consumers, improving energy security for industrial users.

The commissioning of this large-scale solar facility reflects the growing momentum toward renewable energy adoption among businesses, driven by sustainability goals, regulatory support, and the need for long-term energy cost stability.

With this development, Solidus strengthens its presence in the clean energy sector while contributing to Punjab’s expanding solar capacity and India’s broader transition toward sustainable power generation.

The project is expected to encourage further investments in captive renewable energy solutions, highlighting solar power as a viable and scalable alternative for industrial energy needs.

NavPrakriti to Invest Over INR 1 Billion in Odisha for Critical Minerals Refining Facility

Apr 22 (BNP): NavPrakriti, an eastern India-based lithium-ion battery recycling and refurbishment company, has announced plans to invest over ₹1 billion (approximately $10.7 million) to establish a greenfield critical minerals refining facility in Odisha. The project marks a significant expansion of the company’s presence in India’s growing battery recycling and clean energy ecosystem.

 The proposed facility will focus on recovering key critical minerals such as lithium, cobalt, and nickel from end-of-life batteries used in smartphones, laptops, and electric vehicles. This initiative aims to strengthen India’s domestic supply chain for essential minerals while addressing the rising challenge of battery waste management.

The company has stated that the facility is expected to become operational by the financial year 2029. Once operational, it will enhance large-scale recycling capacity and contribute to the development of a circular economy in the battery materials sector.

NavPrakriti’s expansion into Odisha reflects the increasing importance of sustainable resource recovery in India’s energy transition. The project is also expected to generate employment opportunities and support regional industrial growth while promoting environmentally responsible practices.

With this investment, NavPrakriti aims to play a key role in advancing India’s critical minerals strategy and supporting the country’s shift toward cleaner and more sustainable energy technologies.

Indian Markets Open Lower as Oil Prices Weigh on Sentiment Despite Ceasefire Extension

New Delhi, Apr 22 (BNP): Indian equity markets began the day on a subdued note, with benchmark indices opening lower despite positive global developments following the extension of a US-led ceasefire. Investor sentiment remained cautious, reflecting deeper economic concerns rather than immediate geopolitical relief.

 A key factor weighing on the markets is the persistence of elevated crude oil prices, which continue to hover near the $90 mark. For an import-dependent economy like India, higher oil prices pose risks to inflation, corporate profitability, and overall economic stability.

Additionally, pressure on the Indian Rupee has added to market unease, as a weaker currency increases the cost of imports and contributes to broader financial strain. Investors are also seen engaging in profit booking, while global uncertainties continue to influence capital flows.

Market movements today highlight a cautious undertone, where optimism from easing geopolitical tensions is tempered by structural economic challenges.

Beyond the indices, the impact is felt at the ground level. Rising fuel costs and currency fluctuations can translate into higher living expenses, affecting households and small businesses alike. The current environment underscores the importance of stability in energy prices and macroeconomic conditions for sustained market confidence.

India’s Growth Narrative: Balancing Currency Trends and Unlocking Idle Gold

Apr 22 (BNP): India’s economic outlook continues to draw attention as experts highlight the dual themes of currency movement and the potential of untapped domestic wealth.

Market expert Nilesh Shah recently observed that the gradual depreciation of the Indian Rupee is a natural trend in a growing economy. He indicated that levels such as ₹100 per US dollar may be possible over time, emphasizing that such movement should be viewed in the context of broader economic fundamentals rather than immediate concern. A competitive rupee can, in fact, support exports and strengthen India’s position in global markets.

At the same time, attention has been drawn to the significant volume of gold held across Indian households—estimated at nearly $700 billion—which largely remains idle. Experts suggest that with the right policies and public trust, this gold can be monetized to support infrastructure development, economic expansion, and financial stability.

The discussion underscores the need for a balanced approach—managing external economic factors while effectively utilizing internal resources. Strengthening financial awareness, encouraging participation in monetization schemes, and building trust will be key to translating these opportunities into tangible growth.

India stands at a pivotal point where thoughtful economic strategies can help convert existing strengths into long-term, inclusive development.

Earth Day 2026: BCSSL Commends Sustainable Innovation with AI, Blue Energy Platform and Future-Ready Tech Solutions

By Tejesh Kodali, Group Chairman, Blue Cloud Softech Solutions Limited,

“Earth Day is a reminder that innovation must go hand in hand with sustainability. At Blue Cloud Softech Solutions Limited (BCSSL), we are embedding this into our approach—through energy-efficient, high-density AI data centres, developing our ‘Blue Energy’ platform to enable renewable and distributed energy adoption at scale, and advancing Edge AI capabilities that enable smarter, lower-resource operations. From AI-driven healthcare to 5G-enabled digital infrastructure, our focus is on building solutions that deliver both performance and responsibility. As we continue to evolve as a future-ready technology player, we remain committed to leveraging AI and advanced technologies to support a more sustainable and resilient tomorrow.”

More than 6 million UK managers don’t have mental health training

New research reveals 6.1m UK workers with line management responsibility are not prepared for conversations about mental health with those they have a duty of care for.

The analysis, completed by health and safety training provider RRC International, found that one in four employees have management accountability, but 71% of them have no mental health training to support the people they look after.

This research into the disconnect between line managers and mental health training comes as data shows that mental ill health is the leading cause of long-term absence and the second most common cause of short-term absence in the workplace.

The study analysed data from the Chartered Institute of Personnel and Development (CIPD) exploring health and wellbeing at work, as well as the Chartered Management Institute’s (CMI) data on the state of UK management and leadership. It revealed that 8.58m people have management responsibilities, yet only 29% of them are trained to support with employee mental health. This means 6.09m UK managers are currently operating with no idea on the best ways to navigate mental health conversations as they arise.

Richard Stockley, Managing Director at RRC International, says: “Mental ill health remains one of the leading causes of any type of absence from the workplace. So, it is surprising that significantly less than one third of people in a management role have the necessary training and skills required to support those who are suffering with their mental health.

“The scale of the issue is clear to see. Line managers have a duty to understand best practice in order to truly help those they have responsibility for to feel safe and supported. Without it, this can lead to enhanced stress, anxiety and a lack of belonging, and for the business poor retention rates, performance and culture.

“For many, disclosing problems can be difficult, but with the right training, line managers can help support and guide their colleagues through the process, making things easier in challenging times.”

Find out more about RRC International and how to correctly manage stress at work.

Dubai luxury developers must raise their game as market enters new era, says Keturah founder

Dubai, UAE, 22^nd April 2026:  Dubai’s luxury real estate market is demanding greater discipline from developers as it enters a more selective era shaped by the current geopolitical climate. 

Talal M. Al Gaddah, CEO and Founder of the luxury Keturah brand, says the high-end property market is shifting toward reliable execution, controlled supply, and stronger focus on what end-users actually want, rather than short-term deal flow. 

And he believes developers, collectively, now have a bigger role to play in boosting confidence in the market through execution and project quality during periods of uncertainty. 

“We need to raise our game, and ensure we maintain discipline in both planning and delivery, particularly in challenging times,” says Talal. “That means controlling supply, staying focused on long-term value, and being held accountable for what we promise to build. 

“Dubai’s luxury real estate sector has weathered regional instability before and emerged stronger. We now have an increasingly selective environment, with buyers taking more considered decisions, driven by quality, long-term liveability, and value retention. 

“While current sentiment is being tested by external pressures, Dubai’s fundamentals remain intact. Its regulatory framework, infrastructure, and strategic planning continue to make it one of the most resilient destinations for international capital.” 

The city’s forward-looking approach has influenced Keturah’s philosophy from the outset. Keturah Reserve, the AED5.7 billion bio-living community under development in Mohammed Bin Rashid City’s District 7, is an example of a long-term residential model shaped around controlled supply and end-user living. 

Meanwhile, Keturah Resort, a wellness-certified community under development along Dubai Creek adjacent to the Ras Al Khor Wildlife Sanctuary, was similarly conceived for buyers who intend to make Dubai their home, not their next transaction. 

Both projects integrate residential, hospitality, and wellness elements within a low-density environment designed around nature and permanent living, rather than conventional high-density developments. 

“The definition of luxury in real estate is moving beyond location and prestige,” says Talal. “Buyers are placing greater importance on wellness, liveability, environmental quality, privacy, and long-term residency potential. 

“Luxury is no longer defined solely by address. Increasingly, it is measured by how a home performs for the people who live in it, every day.”

UNCTAD – UN Trade and Development – Driving greener, more resilient ports

Geneva, Apr 22 – UN Trade and Development (UNCTAD) and the Maritime and Port Authority of Singapore (MPA) have launched a new partnership to accelerate the transition toward more sustainable, resilient and inclusive global maritime transport.

Ports underpin global trade and economic development, handling over 80% of world trade by volume. But they are also energy-intensive and reliant on fossil fuels. As pressure grows to decarbonize and modernize, countries face a dual challenge: reducing emissions while maintaining efficiency and competitiveness.

The agreement marks a step forward in UNCTAD’s strategic engagement with Singapore, a global maritime hub and long-standing partner in advancing trade and transport solutions.

“This partnership brings together Singapore’s operational excellence and UNCTAD’s global development expertise,” said Pedro Manuel Moreno, Acting Secretary-General of UNCTAD.

“It will help accelerate a maritime transition that is not only greener and more efficient, but also resilient and inclusive – while contributing to global discussions at the UN Global Supply Chain Forum 2026.”

A strategic partnership with global reach

The collaboration reflects a shared commitment to shaping the future of maritime trade through practical, scalable solutions.

Singapore’s role as one of the world’s most connected and efficient ports positions it as a key partner in testing and scaling innovations. UNCTAD complements this with global reach, policy expertise and on-the-ground support to developing countries.

Scaling solutions for a changing maritime sector

Under the agreement, the partners will promote cleaner fuels and digital technologies across ports and shipping networks.

Efforts will focus on solutions that can be adapted to different national contexts, alongside knowledge-sharing in sustainable finance, digital innovation and workforce development – key enablers of a successful transition.

Supporting developing countries and strengthening resilience

A central pillar of the initiative is support for developing countries, including training, advisory services and institutional strengthening.

Building on UNCTAD’s long-standing work with port communities, the partnership will help improve performance, strengthen connectivity and enhance preparedness for disruptions – an increasingly urgent priority in today’s volatile global environment.

The initiative will also feed into preparations for the UN Global Supply Chain Forum taking place in late 2026, where global stakeholders will address the future of trade logistics and resilience.

Axis Trustee launches PRISM to advance its Fintech-led trustee vision

Chandigarh, Apr 22: Axis Trustee Services Limited (ATSL), a wholly-owned subsidiary of Axis Bank and one of India’s leading trustee services providers, has announced the launch of PRISM, a digital-first platform aimed at enhancing client engagement and streamlining service delivery. This launch marks a significant step in Axis Trustee’s ongoing journey towards becoming a fintech–led trustee.

The platform launch of PRISM by Amitabh Chaudhry, MD & CEO of Axis Bank, along with Rahul Choudhary, MD & CEO of Axis Trustee Services Limited, underscoring the Group’s strong commitment to driving digital innovation and transformation.

The launch of PRISM aligns closely with the Securities and Exchange Board of India’s (SEBI) continued focus on Ease of Doing Business (EODB), which seeks to simplify processes, improve transparency, and enable faster and more efficient market interactions. Through PRISM, Axis Trustee is proactively supporting this regulatory vision by digitizing key client interfaces and optimizing trustee service workflows and compliance.

Designed to deliver a more intuitive, efficient, and transparent experience, PRISM integrates technology across critical client touchpoints. The platform is expected to reduce turnaround times, improve responsiveness, and drive operational efficiency and regulatory compliance.

Speaking at the launch, Mr. Rahul Choudhary, MD & CEO, Axis Trustee Services Limited said: “PRISM marks a significant milestone in our journey to reimagine trustee services through a digital-first approach. As financial markets evolve, the role of a trustee is steadily expanding beyond traditional oversight to becoming a more connected and insight-driven partner for clients.

With PRISM, we aim to simplify interactions, enhance transparency, and make service delivery more seamless and efficient for all stakeholders. The platform is a step forward in improving client experience while strengthening operational effectiveness.

At Axis Trustee, we are also continuously exploring the potential of emerging technologies, including AI and advanced analytics, to enhance risk monitoring, drive smarter decision-making, and reinforce our compliance and governance frameworks. This aligns with our commitment to staying ahead of evolving regulatory expectations and building a future-ready trustee organization that upholds the highest standards of trust and accountability.”

PRISM is anchored around four core pillars of client interaction:

Smarter Client Access and Support: Enables easier access to key information and services, helping clients address their queries more efficiently.

Streamlined Service Request Management: Allows clients to raise and track service requests seamlessly, ensuring better visibility, faster turnaround, and consistent service delivery.

Efficient Process and Transaction Support: Provides structured support for process and transaction requirements, enabling easier navigation of documentation and workflows.

Integrated Compliance and RegTech Enablement: Enables effective compliance management through automated compliance calendars, timely report submissions, and intelligent alerts, helping clients stay aligned with regulatory requirements while enhancing transparency and control.

Over the past few years, Axis Trustee Services Limited has continued to strengthen its offerings through targeted investments in automation, digital documentation, and now technology-led client servicing. With the launch of PRISM, Axis Trustee further reinforces its position as a next-generation trustee, focused on agility, responsiveness, and long-term value creation for its clients.