Archives April 2026

IDEAS WORTH SHARING—A ₹650 Bag tells a bigger story at TEDx Hyderabad

IDEAS WORTH SHARING---A ₹650 Bag tells a bigger story at TEDx Hyderabad

 

Apr 20: At a glance, it’s just a bag priced at ₹650. But look closer, and it tells a far more powerful story—one of dignity, sustainability, and human resilience.

Displayed by GOONZ, a well-known Indian non-profit organisation that works at the intersection of urban waste and rural development, at a stall during TEDx Hyderabad 2026 on Sunday, this unique bag is crafted entirely from discarded neckties—materials most would consider waste. Yet in the hands of Goonj, these overlooked items are transformed into purposeful products that carry both utility and meaning.

This captures the essence of the initiative: even the smallest piece of cloth has value. Made from odds and ends of repurposed fabric, the bag is described not just as a product, but as a token of gratitude—reminding users that dignity can be restored through mindful reuse. This philosophy lies at the heart of Goonj’s work, where discarded materials become tools for inclusion, participation, and development.

The philosophy is simple but profound: nothing is truly waste. Every discarded item holds potential—if only we choose to see it differently.

For decades, Goonj has been working at the intersection of sustainability and social development, turning urban surplus into resources for rural empowerment. What society discards—old clothes, packaging materials, or even ties—becomes raw material for livelihood generation, community development, and restoring dignity to underserved populations. And TEDX Hyderabad has been providing a platform for many such NGOs

The upcycled tie bag is more than a product; it is a symbol of this ecosystem. Each piece represents hours of skilled labour, creative reuse, and a conscious effort to challenge the linear “use-and-throw” mindset. The ₹650 price tag reflects not just craftsmanship, but also the value of ethical production and social impact.

Goonj further displayed an innovative bag made from repurposed cassette tapes, demonstrating the potential of transforming discarded materials into functional products.

In a world grappling with mounting waste and widening inequalities, initiatives like these offer a compelling alternative narrative: waste can be wealth, and surplus can serve a purpose, said Viiveck Varma, Licensee of TEDX Hyderabad 2026

By redefining what we throw away, Goonj is not just recycling materials—it is rebuilding lives, restoring dignity, and reshaping how we think about consumption itself.

 

Odisha Intensifies Survey and Digitisation of Ancient Manuscripts Under ‘Gyan Bharatam Mission’

Bhubaneswar, Apr 20 (BNP): Odisha has stepped up efforts to document and preserve its rich manuscript heritage through an extensive survey and digitisation initiative under the Government of India’s Gyan Bharatam Mission.

A review meeting held at Lok Seva Bhavan was chaired by Chief Secretary Anu Garg, where progress on the ongoing survey of palm-leaf manuscripts and ancient texts was assessed.

Preserving a Rich Literary Legacy

Odisha is home to a vast collection of traditional manuscripts written on palm leaves and paper, preserved over centuries in Sanskrit, Odia, Pali, and other regional languages. These manuscripts are considered a vital source of the state’s cultural, historical, and intellectual heritage.

Officials informed that nearly 53,950 manuscripts have already been registered across the state, with survey and digitisation work actively underway by the Department of Odia Language, Literature and Culture.

Digital Preservation Push

The initiative aims to create a comprehensive National Digital Repository, ensuring that rare and fragile manuscripts are preserved in digital form and made accessible for researchers, students, and institutions.

ପ୍ରାଚୀନ ତାଳପତ୍ର ପୋଥି ଏବଂ ପାଣ୍ଡୁଲିପି ଗୁଡ଼ିକର ସର୍ବେକ୍ଷଣ, ସଂରକ୍ଷଣ ଓ ଡିଜିଟାଇଜେସନ ସଂପର୍କରେ ଏକ ବୈଠକ ଆଜି ଲୋକସେବା ଭବନଠାରେ ମୁଖ୍ୟ ଶାସନ ସଚିବ ଶ୍ରୀମତୀ ଅନୁ ଗର୍ଗଙ୍କ ଅଧ୍ୟକ୍ଷତାରେ ଅନୁଷ୍ଠିତ ହୋଇଯାଇଛି।

ଏହିସବୁ ମୂଲ୍ୟବାନ ସମ୍ପଦର ସଂରକ୍ଷଣ ଓ ସୁରକ୍ଷା ପାଇଁ ସହଯୋଗ କରିବା ଓ ସ୍ୱେଚ୍ଛାକୃତ ଭାବେ ନିଜ ପାଖରେ ଥିବା… pic.twitter.com/nR7dzPp7Q4

— I & PR Department, Odisha (@IPR_Odisha) April 18, 2026

Authorities have encouraged public participation, urging individuals, monasteries, temples, and libraries to voluntarily register manuscripts in their possession. Registration can be done through the dedicated Gyan Bharatam mobile application, while departmental teams will also conduct field visits to assist in documentation.

Focus on High-Priority Districts

The current phase of the survey, which began on March 16, 2026, will continue for three months. Special focus is being given to districts such as Ganjam, Cuttack, Bhadrak, Nayagarh, and Puri, which have reported significant manuscript collections.

Officials said manuscripts will be systematically mapped and verified district-wise to ensure accurate documentation and smooth coordination with local administrations.

Safeguarding Knowledge for Future Generations

The state government emphasized that the project is not only about preservation but also about ensuring long-term digital access to India’s traditional knowledge systems.

The initiative is expected to strengthen research, promote cultural awareness, and safeguard Odisha’s manuscript heritage for future generations by bringing centuries-old knowledge into the digital era.

Strong Jewellery Sales Mark Akshaya Tritiya Despite Record High Gold Prices

New Delhi, Apr 20 (BNP): Jewellery retailers across India reported strong consumer demand on the occasion of Akshaya Tritiya, with buoyant sales in the gems and jewellery segment despite elevated gold prices.

Industry players said customer footfall remained healthy throughout the day, with buyers continuing to make purchases of gold jewellery, coins, and investment products, driven by the traditional belief that buying gold on this auspicious day brings long-term prosperity.

The resilience in demand comes even as gold prices remain at high levels, indicating sustained consumer confidence and strong cultural sentiment associated with the festival.

Retailers noted that while some buyers opted for lighter-weight jewellery and digital gold options, overall sales volumes remained encouraging compared to expectations, reflecting the enduring significance of Akshaya Tritiya in India’s gold buying season.

The festival once again reinforced its position as one of the most important occasions for the gems and jewellery industry, blending tradition, sentiment, and investment-driven purchasing behaviour.

 

MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region

MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region

 

Abu Dhabi, UAE – Apr 20 – The MENA Fintech Association (MFTA), the region’s leading not-for-profit fintech industry body and globally ranked among the top fintech associations, is pleased to welcome Facephi, a global technology company specializing in digital identity verification and AI driven fraud prevention solutions, as a new scaleup member.

Facephi joins MFTA at a time when financial institutions across the Middle East are accelerating digital transformation initiatives and prioritizing secure digital onboarding, identity verification, and fraud prevention capabilities. As banks and fintech providers continue to expand digital services, robust identity technologies are becoming a critical foundation for secure, compliant, and seamless financial experiences.

Facephi delivers advanced end-to-end solutions that enable financial institutions to securely verify users, prevent fraud, and streamline digital onboarding processes. Its technology combines artificial intelligence, biometric recognition, and digital identity verification to help organizations provide secure, frictionless access to financial services while meeting evolving regulatory requirements.

With a strong global footprint, Facephi works with banks, financial institutions, and digital service providers across multiple regions, supporting secure customer authentication, regulatory compliance, and digital identity management in increasingly digital financial ecosystems.

As part of its engagement with the Association, Facephi will contribute its expertise to MFTA’s ecosystem initiatives focused on digital identity, cybersecurity, fraud prevention, and secure financial infrastructure. As digital banking adoption accelerates across the region, biometric authentication and identity verification technologies are playing a growing role in enabling trusted financial services and protecting both institutions and customers.

Henry Rosas, Senior Commercial Director, Facephi Middle East, commented:

“Joining the MENA Fintech Association marks a strategic step in reinforcing our commitment to the region’s digital transformation. At Facephi, we are seeing a significant acceleration in demand for secure digital identity and fraud prevention solutions, driven by the rapid growth of digital banking and financial inclusion initiatives”.

 

Digital identity and biometric authentication have become key enablers of financial inclusion and secure digital transformation. Financial institutions across the Middle East are increasingly investing in identity technologies to support digital onboarding, strengthen compliance frameworks, and mitigate fraud risks while delivering seamless user experiences for customers.

MFTA continues to serve as a trusted platform for industry leaders, policymakers, and innovators through working groups, roundtables, partnerships, and thought leadership initiatives. Facephi’s membership further strengthens the Association’s commitment to advancing secure digital infrastructure, responsible fintech innovation, and collaboration across the MENA ecosystem.

Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, added:

“The MENA region continues to demonstrate strong progress in digital financial services, underpinned by resilience, regulatory advancement, and increasing institutional participation. At the MENA Fintech Association, we remain committed to actively supporting this growth by working closely with regulators, financial institutions, and technology leaders across the region. As digital identity becomes increasingly critical to enabling secure and inclusive financial ecosystems, we welcome Facephi to the Association. Their expertise will further strengthen our collective efforts to build trusted, compliant, and resilient financial infrastructure across MENA.”

Ministry of Industry Joins ALUMINIUM Arabia as Strategic Partner

 
Apr 20: ALUMINIUM Arabia has announced the participation of the Ministry of Industry and Mineral Resources as a Strategic Partner for its upcoming edition, reinforcing the Kingdom’s commitment to advancing its aluminium and mining sectors in line with Vision 2030. The partnership underscores the Ministry’s role in driving industrial diversification, strengthening value chains, and positioning Saudi Arabia as a global hub for aluminium production and innovation.
 
The Ministry’s participation will provide high level strategic visibility and thought leadership, while supporting policy development and ecosystem enablement across the aluminium sector. Through its participation, the Ministry aims to accelerate non-oil GDP growth by further strengthening the aluminium sector’s position as a targeted sector within the National Industrial Strategy, which targets a mining sector contribution of SAR 240 billion by 2030. The platform will also highlight Saudi Arabia’s competitive advantages, including world class industrial assets such as Ma’aden’s Ras AlKhair complex, to attract foreign direct investment and global industry players.
 
The event is expected to facilitate B2B engagement, enabling partnerships, technology transfer, and the development of advanced manufacturing clusters. It will also support job creation, skills development, and Saudization efforts within downstream aluminium industries. In addition, the Ministry will leverage the platform to promote sustainable practices, strengthen international collaboration, and gain insights into global market trends and emerging technologies.
 
As a Strategic Partner, the Ministry aims to drive investment and strengthen connectivity and efficiency across the sector’s stakeholder ecosystem.
 
The upcoming edition of ALUMINIUM Arabia will take place from 15-17 June 2026 in Riyadh, bringing together industry leaders, policymakers, and global stakeholders to shape the future of the aluminium sector in the region, following a recent update to the event schedule.

UP Simplifies Wheat Purchase System, Eases MSP Procurement Norms for Farmers

Lucknow, Apr 20 (BNP): In a significant relief for farmers, the Uttar Pradesh government has relaxed procurement norms by allowing wheat sales at government purchase centres without mandatory online registration.

As per an official statement, the earlier requirement of completing a digital Farmer Registry for crop identification and verification will now be optional for wheat procurement under the Minimum Support Price (MSP) system.

The decision has been taken to reduce procedural hurdles and address difficulties faced by farmers, particularly those in rural areas with limited access to digital facilities.

Chief Minister Yogi Adityanath has instructed all District Magistrates to ensure immediate implementation of the revised guidelines across the state.

Officials said the move is aimed at making the procurement process more accessible, ensuring that farmers can sell their produce smoothly without being affected by technical or administrative barriers.

The change is expected to boost participation in government procurement centres and improve ease of selling wheat during the current procurement season.

SynSmart and Amporin Announce Collaboration to Develop Breakthrough Small Molecule Therapeutics for Degenerative Diseases

Business Wire India

SynSmart Rasayan Research Private Limited and Amporin Pharmaceuticals AG today announced a collaboration to develop breakthrough small molecule therapeutics for the treatment of deadly degenerative diseases.

Under the terms of this collaboration, SynSmart will synthesize a substantial library of novel membrane-protecting molecules at its Mumbai research facility. Upon screening, the collaboration could be extended to follow-on chemistry as well as potential work in ADME-PK areas, with the intention to accelerate the project to candidate selection.

Commenting on this, Mr. Saurabh Kapure, CEO at SynSmart said, “This collaboration is a testimony of value that SynSmart can bring to the table for its partners. With lab operations running in multi-shift mode and lean team hierarchy, the speed and cost-savings help partners get more done for less.”

Also commenting on this, Dr. Kelvin Stott, Founder and CEO at Amporin said, “We are excited to form this collaboration with SynSmart as it will accelerate the cross-target screening, optimization and selection of disease-modifying treatments for multiple deadly degenerative diseases in parallel, while validating the scope and potential of our unique asset platform.”

Gold and Silver Futures Decline Amid Weak Demand and Profit Booking

New Delhi, Apr 20 (BNP): Precious metals witnessed a decline in futures trading on Monday, with both gold and silver prices falling due to weak spot demand and increased selling pressure from market participants.

Gold and Silver Futures Decline Amid Weak Demand and Profit Booking

 On the Multi Commodity Exchange of India, silver futures for May delivery dropped sharply, reflecting a broad-based sell-off. The decline was attributed to reduced investor interest and profit booking after recent price movements.

Gold futures for June delivery also traded lower during the session, weighed down by subdued spot demand and weak global cues. Market analysts noted that cautious sentiment in international markets contributed to the downward pressure on prices.

Traders observed that both metals came under selling pressure as participants reduced positions amid uncertain global trends. The movement indicated a shift toward caution in the precious metals segment, with investors reassessing short-term price direction.

Overall, the session reflected a softer tone in bullion markets, driven by weak demand signals and global market influences.

 

 

Crude Oil Futures Rise on Strong Spot Demand and Fresh Buying Interest

New Delhi, Apr 20 (BNP): Crude oil prices witnessed a sharp rise in futures trading on Monday, supported by firm spot demand and increased participation from market players.

On the Multi Commodity Exchange of India, crude oil futures for May delivery rose significantly, reflecting strong buying momentum in the market. The upward movement was driven by fresh positions built by traders amid steady demand conditions in the spot market.

Market analysts noted that the increase in open interest indicated renewed confidence among participants, contributing to the sustained strength in prices during the trading session.

The rally in crude oil futures highlights the influence of underlying demand trends and trader sentiment on commodity markets, as energy prices continue to respond to both domestic and global factors.

Overall, the session reflected a positive bias in crude oil trading, with demand-side support playing a key role in price movement.

 

India and Sri Lanka Discuss Proposed Oil Pipeline and Strengthening of Bilateral Cooperation

Colombo, Apr 20 ( BNP):  Vice President of India C P Radhakrishnan held discussions with Sri Lankan President Anura Kumara Dissanayake in Colombo on Sunday, focusing on strengthening bilateral relations and exploring new areas of cooperation, including a proposed India–Sri Lanka energy link.

According to Foreign Secretary Vikram Misri, both leaders discussed the idea of a cross-border oil pipeline, which could serve as a key component of future energy connectivity between the two neighbouring countries.

The talks also covered a wide range of issues aimed at deepening the multifaceted partnership between India and Sri Lanka. These included cooperation in housing development projects, energy security initiatives, and long-standing concerns related to fishermen from both countries.

Officials noted that several India-led initiatives already underway were reviewed during the meeting, along with new proposals aimed at enhancing regional connectivity and economic integration. The proposed energy corridor was highlighted as a significant step toward strengthening long-term strategic and economic ties.

Both sides reaffirmed their commitment to further expanding cooperation in areas of mutual interest, reflecting the shared vision of stable and forward-looking relations between the two South Asian neighbours.

The discussions are expected to pave the way for closer coordination on infrastructure, energy, and people-centric development initiatives in the coming years.