Author name: team

DP World Launches War Risk Insurance to Secure West Asia Cargo Routes

Dubai, May 7 (BNP): Global logistics major DP World has launched a dedicated cargo war risk insurance solution aimed at strengthening the safety and resilience of trade operations across key West Asia shipping routes amid rising geopolitical uncertainty. The new offering is designed to protect businesses from financial losses arising due to conflict-related disruptions, including risks […]

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India–Vietnam Innovation Ties Will Shape Asia’s Future: Devendra Fadnavis

New Delhi, May 7 (BNP) : Maharashtra Chief Minister Devendra Fadnavis on Thursday said that entrepreneurs and innovators from India and Vietnam will play a decisive role in shaping the future economic trajectory of Asia, as the region moves towards a more innovation-driven growth model. He observed that both countries are witnessing rapid expansion in

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Mrs Neerja Birla Leads Mpower Initiative with BTECH to Expand Evidence-Based Suicide Prevention Programme in India

In a significant step towards strengthening India’s mental health ecosystem, Mpower, an initiative of the Aditya Birla Education Trust (ABET) founded by Mrs Neerja Birla, has partnered with the globally renowned Behavioral Tech Institute (BTECH) to introduce a structured, evidence-based Dialectical Behavior Therapy (DBT) programme in India.   This programme represents an important step in

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Indian Banks Set to Navigate RBI’s New Credit Loss Norms Smoothly, Says Report

New Delhi, May 7 (BNP): Indian banks are expected to comfortably manage the transition to the Reserve Bank of India’s (RBI) upcoming Expected Credit Loss (ECL) framework, which is scheduled to come into effect from April 1, 2027, according to a report released on Thursday. As per an analysis by Fitch Ratings, the shift from

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ROX to Establish One of the Middle East’s First Advanced AI Manufacturing Centres in KEZAD’s KLP 1 Musaffah

The 10,000 sqm facility will begin operations in H2 2026, targeting an annual production capacity of 300,000 vehicles by 2030 and contributing up to 10% to the UAE’s Operation 300Bn initiative  Abu Dhabi, United Arab Emirates – 07 May 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built

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Adani Green Energy Expands Renewable Portfolio with New Step-Down Subsidiaries!

Ahmedabad, May 7 (BNP): Adani Green Energy Limited (AGEL), one of India’s leading renewable energy companies, has announced the incorporation of new step-down subsidiaries as part of its continued expansion in the clean energy sector. The newly incorporated entities are expected to focus on renewable power generation and related infrastructure development, strengthening the company’s growing

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Cotton Import Duty Raises Cost Pressures on Textile Industry, Study Flags Competitiveness Concerns

New Delhi: A new industry study has highlighted that India’s current cotton import duty structure could be affecting the global competitiveness of the country’s textile and apparel sector. The report points out that higher input costs for raw cotton are adding pressure on manufacturers, especially exporters who operate in highly competitive international markets where pricing

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Ascenta Launches Mother’s Day Campaign on The World She Nurtures

 Mumbai, May7: Ascenta, a luxury villa estate, has brought to life a heartfelt Mother’s Day campaign, “The World She Nurtures,” a thank you to the women who turn empty rooms into sanctuaries. It’s a story about the “silent architects” the ones who don’t just fill a space but give it a soul. Every beautiful story

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India’s Real Estate Sector Set for Strong Growth as AI Adoption Rises

New Delhi, May 7 (BNP): India’s real estate sector is expected to witness significant expansion over the long term, with its market size projected to reach about USD 5.8 trillion by 2047, according to a joint industry report by FICCI and KPMG. The report notes that the sector is being reshaped by rapid urbanisation, infrastructure expansion,

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