Business News

May 4 (BNP): A global crude oil supply shortfall of around 4.8 million barrels per day (mbpd) could potentially lead to demand destruction while improving margins for oil marketing companies (OMCs), according to a recent report. The report suggests that tightening supply conditions in the global oil market may push prices higher, which in turn […]

New Delhi, May 4 (BNP): Online food delivery in India has witnessed strong growth in recent years but continues to account for a relatively small share of the overall food services industry, according to a recent report by Investec. The report highlights that the segment currently represents about 11 percent of the total food services

New Delhi, May 4 (BNP): The government has reported robust revenue collections across major tax categories, with several streams exceeding their respective Modified Revised Estimates (MRE) for the financial year ending March. Stamp duty collections reached ₹9,119.72 crore, slightly surpassing expectations at 101 percent of the MRE. This indicates steady activity in property transactions and

Mumbai, May 4 (BNP): The Indian rupee opened on a weaker note on Monday, depreciating by 11 paise to 94.95 against the U.S. dollar in early trade, as ongoing geopolitical tensions in West Asia continued to weigh on investor sentiment. Market participants remained cautious amid uncertainty in global markets, with risk appetite subdued due to

India May 04:  Veeam® Software, the Data and AI Trust Company, has been ranked #1 for worldwide data protection software market share by IDC in its latest IDC Semiannual Software Tracker, 2025H2. The tracker reports that Veeam captured 13.6% market share in 2025H2, increasing from 13.2% in 2025H1. IDC also reports that Veeam delivered 11.5% sequential growth in 2025H2, outpacing the market average of 8.8%. “Market share is the verdict on how well we achieved the things customers and partners

Mumbai, May 4(BNP): Indian benchmark equity indices opened the week on a strong note, rallying sharply in early trade on Monday amid easing crude oil prices and improved global market sentiment. The BSE Sensex surged 657.80 points to reach 77,571.30, while the NSE Nifty 50 advanced 213.35 points to 24,215.10 during the opening session. The upbeat

Market shows more resilience as monthly sales transactions lift to almost 14,000 Dubai, UAE, May 4: The Dubai real estate market showed continued resilience in April, recording 13,977 sales transactions worth AED48 billion. A market update issued today by fäm Properties showed that activity strengthened month-on-month, with sales volume rising 3.5% compared to March, while total

New Delhi, May 04: Swedish clean-tech innovator KonveGas is set to strengthen its India entry strategy with its participation at the Bioenergy, Biofuels & Biomaterials (BBB) Summit 2026, scheduled to take place at Yashobhoomi, New Delhi from May 7–9, 2026. Building on the momentum of its recent investment announcement at India Energy Week in Goa,

Millions of tonnes of plastic waste accumulate in landfills and oceans every year. One promising response is to engineer microbes to break the plastic down into useful chemical building blocks. However, teaching a bacterium to digest plastic efficiently demands fine-tuning not just one gene, but entire clusters of genes working in concert, like upgrading every

 Kotak Mahindra Bank Standalone PAT for Q4FY26 at ₹ 4,027 crore, up 13% YoY and 17% QoQ Standalone PAT for FY26 at ₹ 14,008 crore Consolidated PAT for Q4FY26 at ₹ 5,423 crore, up 10% YoY and 10% QoQ Consolidated PAT for FY26 at ₹ 19,288 crore Bengaluru, 3 May, 2026: The Board of Directors