Archives April 2026

Government Strengthens Norms Committees to Enhance Ease of Doing Business for Exporters

New Delhi, Apr 18 (BNP): The Government of India has taken a series of targeted reforms to improve trade facilitation and strengthen the functioning of Norms Committees under the Directorate General of Foreign Trade (DGFT), in line with its broader commitment to Ease of Doing Business for exporters.

Government Strengthens Norms Committees to Enhance Ease of Doing Business for Exporters

Pic Credit: Pexel 

The reforms aim to make decision-making faster, more transparent, and more efficient for export-related processes. By improving the functioning of Norms Committees, the government seeks to reduce delays in approvals and simplify procedural requirements faced by exporters.

These committees play a key role in setting and reviewing input-output norms, which determine the quantity of raw materials required for producing export goods. Streamlining their functioning is expected to help exporters receive quicker clarifications and approvals, thereby improving operational efficiency.

The initiative is also intended to strengthen India’s export ecosystem by reducing compliance burden and improving predictability in trade procedures. This is expected to benefit businesses, especially small and medium exporters, by making processes more responsive and business-friendly.

Overall, the reforms reflect the government’s continued focus on improving trade facilitation, enhancing administrative efficiency, and supporting exporters in accessing global markets more effectively.

India’s Startup Boom Accelerates with 55,000 New Recognitions

New Delhi, Apr 18 (BNP): The Government of India has announced that more than 55,200 startups were recognised in FY2025–26, marking the highest annual figure since the launch of the Startup India initiative in 2016.

Launched on 16 January 2016, the Startup India programme was designed to build a strong ecosystem for innovation, encourage private investment, and support entrepreneurs through targeted policy measures and financial incentives.

Strong expansion in jobs and ecosystem growth

Since its inception, the initiative has supported the creation of over 2.23 lakh recognised startups as of March 2026, which together have generated more than 23.36 lakh direct jobs across the country.

The latest data shows a sharp year-on-year rise, with startup recognitions increasing by 51.6% compared to FY2024–25. During the same period, direct employment generated by startups rose by 36.1%, reflecting their growing contribution to India’s job market.

Startups are now present across all States and Union Territories, with major hubs including Maharashtra, Karnataka, Uttar Pradesh, Delhi, and Gujarat leading in both startup numbers and employment generation.

Women-led participation and inclusivity

The ecosystem has also become more inclusive, with over 1.07 lakh startups having at least one woman director or partner, accounting for nearly 48% of all recognised startups, highlighting increasing participation of women in entrepreneurship.

State-wise startup distribution highlights

Leading states continue to dominate the startup landscape:

  • Maharashtra leads with over 38,000 startups
  • Karnataka and Uttar Pradesh each have over 21,000 startups
  • Delhi and Gujarat also remain key innovation hubs

These states also account for a large share of employment generated by startups, reinforcing regional centres of innovation.

Government support and funding push

The government continues to strengthen the ecosystem through flagship schemes such as:

  • Fund of Funds for Startups (FFS)
  • Startup India Seed Fund Scheme (SISFS)
  • Credit Guarantee Scheme for Startups (CGSS)

Under FFS, over ₹7,000 crore has been disbursed to Alternative Investment Funds, which have further invested in more than 1,420 startups. A new expanded fund with a corpus of ₹10,000 crore has also been introduced to sustain long-term startup financing.

Under SISFS, over ₹605 crore has been approved for more than 3,400 startups, while CGSS has facilitated loans worth over ₹1,250 crore to improve access to credit for emerging businesses.

Innovation and intellectual property growth

Startup-led innovation has also accelerated significantly, with more than 19,400 patent applications filed. Patent filings have seen strong growth, rising sharply in FY2025–26 compared to the previous year, reflecting increasing focus on technology and intellectual property creation.

Outlook

The rapid expansion of India’s startup ecosystem underscores its growing role as a key driver of economic growth, innovation, and employment generation. With continued policy support and rising entrepreneurial activity, startups are increasingly shaping India’s transition toward a knowledge-driven and innovation-led economy.

Indian Premier League 2026: Gujarat Titans Clinch Thrilling Win Over Kolkata Knight Riders; Shubman Gill Shines with Match-Winning Knock

Ahmedabad, April 18 (BNP): The Gujarat Titans registered a thrilling five-wicket victory over the Kolkata Knight Riders in a gripping encounter in the ongoing Indian Premier League 2026 at the Narendra Modi Stadium, Ahmedabad.

Indian Premier League 2026: Gujarat Titans Clinch Thrilling Win Over Kolkata Knight Riders; Shubman Gill Shines with Match-Winning Knock

Chasing a target of 181, Gujarat Titans displayed composure under pressure, successfully reaching 181/5 in 19.4 overs. Skipper Shubman Gill led from the front with a masterful 86 off 50 balls, anchoring the innings and guiding his team to victory with just two balls to spare. His outstanding performance also saw him reclaim the Orange Cap and earn the Player of the Match award.

Earlier in the match, Kolkata Knight Riders posted a competitive total of 180/8 after being put in to bat. Cameron Green top-scored with a resilient 79 off 55 balls, stabilizing the innings after an inconsistent start. He was well supported by Rovman Powell, who contributed 27 off 20 deliveries.

Gujarat Titans’ bowling unit delivered a disciplined performance, with Kagiso Rabada leading the attack with figures of 3/29, while Mohammed Siraj chipped in with 2/23 to restrict KKR from posting a bigger total.

In response, Gujarat Titans got off to a brisk start during the Powerplay. Despite losing Sai Sudharsan early, Gill steadied the chase with crucial partnerships alongside Jos Buttler and Washington Sundar, ensuring the momentum stayed with the home side.

Although Kolkata Knight Riders managed to pick up wickets in the middle overs, the Titans maintained their composure and executed a calculated chase to seal the win in the final over.

This victory propels Gujarat Titans into the top four of the IPL 2026 points table, strengthening their campaign, while Kolkata Knight Riders will look to regroup after another hard-fought contest.

India’s Gold Market Shows Resilience Ahead of Akshaya Tritiya, Investment Demand Rises

New Delhi, Apr 18 (BNP): Gold demand in India is expected to remain resilient ahead of Akshaya Tritiya, supported by cultural traditions, shifting consumer preferences, and continued interest in precious metals as a safe-haven asset amid global uncertainty.

India’s Gold Market Shows Resilience Ahead of Akshaya Tritiya, Investment Demand Rises

The outlook comes as gold prices have risen significantly over the past year, with industry estimates indicating an increase of around 14–16% year-to-date and a much sharper rise compared to the same festive period last year. Despite higher prices, demand has not weakened, but has instead adjusted in form and buying patterns.

Market participants note that Akshaya Tritiya continues to be one of the most important gold-buying occasions in India, symbolising prosperity and long-term value creation. While volatility in global markets has influenced short-term sentiment, periods of price stability and mild corrections are encouraging steady retail participation.

Industry voices highlight a clear shift in consumer behaviour. Traditional jewellery demand remains strong, but buyers are increasingly opting for lightweight jewellery, coins, and bars, where value is closely tied to purity and metal content. Investment demand is also expanding, with growing interest in digital gold and gold exchange-traded funds (ETFs), reflecting a more structured approach to wealth creation.

Silver is also gaining attention, supported not only by investment demand but also by industrial usage in sectors such as renewable energy and electronics, adding a new layer of long-term demand strength.

Platforms are also leveraging festive sentiment to engage consumers. Financial services companies such as BharatPe have introduced campaign-based initiatives like the ‘Akshaya Tritiya Gold Mahotsav’, offering rewards and incentives on digital gold purchases, reflecting the increasing digitisation of gold investment.

Experts expect near-term price fluctuations to continue, influenced by global macroeconomic conditions, currency movements, and geopolitical developments. However, the broader outlook for precious metals remains supported by sustained central bank buying, portfolio diversification trends, and gold’s continued role as a hedge against uncertainty.

Overall, the market outlook suggests that while buying patterns are evolving, gold and silver continue to hold a strong position in both cultural and investment portfolios across India.

Canva Unveils Canva AI 2.0, Reimagining How The World Designs and Works

Business Wire India

Canva, the world’s leading visual communication platform, today announced its most significant evolution since launching in 2013 with the introduction of Canva AI 2.0, ushering in a new era of AI-powered creation as the company transforms itself into the system where work gets done.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260416696203/en/

 

 

Canva AI 2.0 introduces a powerful new architecture layer that reimagines the entire design process, making it easier than ever to bring an idea to life.

Canva AI 2.0 introduces a powerful new architecture layer that reimagines the entire design process, making it easier than ever to bring an idea to life.

 

Just over a decade ago, Canva ushered in a new generation of design, transforming complex, expensive desktop software into a simple, powerful, and interoperable platform in the browser. It replaced intimidating blank pages with millions of templates, and manual, pixel-by-pixel editing with intuitive drag-and-drop creation, becoming one of the most widely used platforms in the world, with more than a quarter of a billion people now using Canva every month. Today’s announcement, unveiled at the company’s flagship Canva Create event in Los Angeles, marks the beginning of the next era of creation.

 

Powered by Canva’s frontier AI lab and years of investment in foundation models for design, Canva AI 2.0 transforms Canva into a conversational, agentic platform where teams can go from idea to execution in one place. The result is a powerful creative partner across the entire process, from the spark of an idea to the final output.

 

 

A Powerful New Architecture Layer

 

 

Canva AI 2.0 introduces a powerful new architecture layer that reimagines the entire design process, making it easier than ever to bring an idea to life. It marks Canva’s biggest shift since bringing design from complex desktop software into the browser.

 

 

Here’s what’s new:

 

 

  • Conversational Design brings ideas to life from natural language prompts or dictation. Creation is no longer limited to a blank page or the perfect template. Just describe an idea, goal, or rough structure, and Canva AI generates a fully editable design with structure, brand, and layout from the start. Unlike traditional AI tools that produce a single output and stop there, Canva AI 2.0 stays with you throughout the entire creative process. It maintains context as your ideas evolve, helping you brainstorm, refine, and iterate at every step.
  • Agentic Orchestration unlocks AI that finally works with you. Describe a goal, share a rough sketch, or provide a brief, and Canva AI brings it to life through a single conversation. Behind the scenes, a new orchestration layer brings together Canva’s full suite of tools to turn ideas into complete outcomes. It understands your intent, selects the right tools, and coordinates them to create everything you need, in every format. Ask it to “create a multi-channel campaign plan to launch our latest summer products,” and it will generate everything, ready to refine or publish.
  • Object-Based Intelligence enables precise editing without starting over.Ask Canva AI to change something, and only that changes. Swap an image, adjust a headline, or refine a font without affecting anything else. Powered by Canva’s foundational Design Model, everything Canva AI 2.0 creates remains layered and fully editable, just as if it were built in the editor from scratch. Teams can jump in to collaborate, comment, and iterate as the work evolves.
  • Living Memory gets smarter with you. With persistent memory, Canva AI understands how you work, keeping every project on brand, applying your style automatically, and evolving over time. It learns from your work and adapts to you and your team’s preferences and goals, becoming more helpful with every use. Personalise it with your existing designs to generate a custom memory library and an “About Me” profile that continuously tailors your experience.
  • Canva AI is available across the Visual Suite where it can be used to create and edit presentations, documents, spreadsheets, social media posts, and more through a simple conversational interface.

 

Intelligent New Workflows

 

Canva AI 2.0 goes beyond design generation to become the system at the centre of how work gets done. From a quick design to a full campaign, it brings everything together in one place, unifying tools, workflows, and outputs to supercharge everyday work, making Canva the place where teams start and end their day.

 

 

  • Connectors: Bring Your Work Together. Instead of being scattered across dozens of apps, Canva AI brings everything together, so you have everything you need to create. Connect tools like Slack, Gmail, Google Drive, and Calendar, and Canva AI can draw on your conversations, content, and schedule to create exactly what you need. Generate meeting summaries from Zoom transcripts, turn customer emails into personalised sales pitches, or create company newsletters based on activity across Slack. Initial connectors include Slack, Notion, Zoom, Gmail, Google Drive, and Google Calendar, with more to come.
  • Scheduling: Work On Autopilot. Set tasks once, and Canva AI runs them automatically in the background, even while you’re offline. Generate a full batch of social content every Friday, tailored for every channel and translated into the top ten languages spoken in the United States. Or have Canva AI scan your emails each morning and create briefing documents for your upcoming meetings based on your calendar. The work gets done in the background, ready when you log in, compressing hours of effort into seconds.
  • Web Research: Insights, Built In. Web Research brings insights directly into your work. Run research on demand or schedule it in the background, and Canva AI gathers and structures information from across the web. From business proposals to market exploration, everything is delivered into your design as structured, editable content, ready to refine and share.
  • Brand Intelligence: On Brand By Default. Brand Intelligence ensures every design starts and remains on-brand. Just connect your data or describe what you need, and Canva AI automatically applies your fonts, colours, and style to every design. You can also instantly update existing work by asking Canva AI to apply your latest brand, turning hours of manual updates into a single step done in seconds.
  • Canva Code 2.0: Now with HTML Importing. Describe any interactive idea and Canva AI builds a complete, responsive experience, structured, interactive, and designed to work across every device. Now with HTML importing, Canva unlocks one of the fastest-growing AI formats. Instead of regenerating code for every change, you can bring any HTML file or AI-generated experience into Canva and edit it with Canva’s visual editor, no rebuilds required. From there, everything happens in one place. Add forms that collect responses in Canva Sheets, drop interactive elements into presentations, or publish to your own domain with SSO protection.
  • Sheets AI: Smarter Spreadsheets Without the Hassle. Describe what you need and Canva AI 2.0 generates a fully structured, beautifully-designed sheet, populated with real data and research. From budget trackers to project timelines, content calendars to research tables, your sheet arrives structured, designed, and with all of the right data.
  • Template Remix: An Infinite Library of Inspiration. Canva’s template library has always been vast, but now, it’s truly infinite. Canva AI 2.0 introduces an endless source of inspiration you can explore, remix, and make your own. Start with anything that catches your eye, then use Canva AI to shape it into exactly what you need. Every template becomes a starting point, not a limit.

 

A Rapidly Advancing Frontier AI Lab

 

At the core of Canva AI 2.0 is Canva’s rapidly advancing frontier AI lab, where more than 100 researchers across Canva Original Research and Exploration (CORE) are building a new class of multimodal foundation models purpose-built for design.

 

 

This investment has unlocked a major acceleration in Canva’s research velocity. The company’s first generation of models took over two years to develop. Today, new models are being trained, evaluated, and deployed in as little as a month, driven by advances in training infrastructure, model architectures, and closed-loop reinforcement learning systems.

 

 

Today, Canva’s research efforts span the full stack of visual AI, from image, video, and style transfer to structured design generation and evaluation. The company’s proprietary models are optimised not just for output quality, but for speed, editability, and real-world workflows.

 

 

Canva’s models are up to 7x faster and 30x cheaper than comparable frontier alternatives:

 

 

  • Canva Proteus, which enables Style Transfer, is 2x faster and 23x cheaper.
  • Canva Lucid Origin, which enables image generation, is 5x faster and 30x cheaper.
  • Canva I2V, which enables image to video, is 7x faster and 17x cheaper.

 

To support the scale of this work, Canva is building a vertically integrated AI stack, including self-hosted training, large-scale reinforcement learning pipelines, and optimised inference infrastructure to bring this technology to its more than a quarter of a billion monthly active users.

 

Expanding Across the AI Ecosystem

 

 

Canva also announced the ability to bring AI-generated artifacts directly into Canva. From there, they become instantly editable and collaborative using Canva’s simple drag-and-drop editor, and can be published as fully functional websites in just a few clicks.

 

 

As AI reshapes how content is created, leading platforms are integrating Canva to help users move from draft generations to fully editable, structured, and scalable work. This growing demand has propelled Canva to become the third most-used AI platform in the world, and the fastest-growing in customer spend on AI products among leading software companies, according to new research from venture capital firm Andreessen Horowitz.

 

 

Research Preview Launching April 16

 

 

Starting April 16, Canva AI will launch as a research preview, rolling out to the first one million people who discover it on the Canva homepage. From there, access will expand progressively to more users over the coming weeks.

 

 

About Canva

 

 

Launched in 2013, Canva is the world’s leading all-in-one platform for visual communication and collaboration. Built to empower everyone to design, Canva serves the creative and design needs of enterprises, small businesses, consumers, and students in more than 190 countries worldwide. Whether you’re a novice taking your first steps in design, or a creative professional seeking powerful tools, Canva ensures users have what they need to transform an idea into something beautiful. Underpinned by the world’s most comprehensive library of designer-made content, Canva is powered by a suite of products and proprietary AI tools that elevate how individuals and teams create, collaborate, and communicate with ease.

 

 

Press Kit & Demos
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Experian Named a 2026 CIO 100 Award Winner

Business Wire India

Experian has been named a 2026 CIO 100 Award winner by Foundry’s CIO for its enterprise workplace transformation, which integrates artificial intelligence and modern digital tools to improve productivity and decision-making across its global workforce.

 

For more than 40 years, the CIO 100 Awards have honored companies that drive business value through technology leadership.

 

 

“The organizations we’re recognizing this year are not simply maintaining operations, they are actively shaping business outcomes,” said Richard Smith, head of event content for the CIO 100 Awards and Conference. “Artificial intelligence, data, security and cloud capabilities now converge under a single leadership vision. This year’s winners reflect what is possible when those elements are fully aligned.”

 

 

Powering an AI-Enabled Workforce

 

 

A central component of the initiative is Experian’s focus on trusted, well-governed data, reinforced by strong guardrails to ensure AI and analytics deliver secure, reliable insights. Experian uses AI responsibly, with human oversight where appropriate, and takes no shortcuts when it comes to governance, privacy and security. The company has expanded its use of enterprise-grade AI tools, enabling employees to automate tasks and work more efficiently.

 

 

“Receiving the CIO 100 Award highlights how Experian is bringing together artificial intelligence, a modern digital workplace and trusted data to drive innovation across our global workforce,” said Alex Lintner, CEO of Technology and Software Solutions at Experian. “By equipping employees with these capabilities, we’re improving productivity, accelerating decisions and delivering better outcomes for our customers while advancing as a data- and AI-driven organization. This progress reflects the strong execution of our digital workplace team in delivering a modern, AI-enabled employee experience.”

 

 

From Transformation to Tangible Results

 

 

Led by the digital workplace team, the transformation is delivering measurable results across the organization. More than 17,000 employees now use AI-powered tools, generating over one million interactions each month. Onboarding readiness exceeds 90%, while employee satisfaction scores average 4.5 or higher. First-call resolution rates have improved to approximately 85%.

 

 

These gains are supported by a global operating model and are expected to deliver significant cost savings over three years. The initiative builds on Experian’s broader technology strategy, including a cloud-first transformation with Amazon Web Services (AWS) that has improved scalability and accelerated AI innovation.

 

 

Scaling Innovation Across a Global Enterprise

 

 

Experian also continues to expand its AI capabilities through the Experian Ascend Platform™, which supports customer decisioning with machine learning and real-time data insights. The platform is used by more than 1,400 users globally, processing millions of credit reports daily and billions of transactions each year. In addition to the evolution of EVA, Experian Virtual Assistant™ that expands personalized, conversational financial guidance to millions of consumers.

 

 

Experian executives and others from winning organizations were recognized at the CIO 100 Awards and Conference.

 

 

About Experian

 

 

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain insights into the automotive market using our data, analytics and software. We also assist millions of people in achieving their financial goals and help them save time and money.

 

 

We operate across financial services, healthcare, automotive, agrifinance, insurance, and other industries.

 

 

A FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have 25,200 people across 33 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.

 

 

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian and its affiliates. Other product and company names mentioned herein are the property of their respective owners.

 

 

 

 

 

India’s Power Demand Recovery to Fuel Renewable Energy Expansion

New Delhi, Apr 18 (BNP): Jefferies has projected a significant expansion in India’s renewable energy capacity, estimating it could reach around 359 GW between FY25 and FY30. The outlook reflects a growing emphasis on energy security, evolving demand patterns, and continued policy support for clean energy development.

According to the report, India’s power demand is expected to recover strongly, with growth potentially reaching around 6% by FY27, supported by improving industrial activity and broader economic normalization. Seasonal and climatic factors are also expected to influence consumption trends in the coming years.

Weather conditions linked to a likely El Niño phase during the upcoming monsoon season could further impact electricity usage. Lower rainfall typically increases demand from households and agriculture, where electricity is widely used for cooling, irrigation, and pumping activities.

While renewable energy remains a central pillar of India’s long-term energy strategy, the country continues to expand thermal capacity to ensure grid stability and meet rising demand. Additional thermal power projects are planned over the next decade to support a balanced and reliable energy mix.

The report also highlights strong momentum in domestic solar manufacturing, supported by government-led initiatives such as rooftop solar programs and agricultural solar pump schemes. These initiatives are increasing installed capacity while encouraging greater use of locally manufactured components.

Policy measures aimed at strengthening domestic production of key solar materials, including ingots and wafers, are expected to further deepen backward integration in the renewable energy supply chain. However, the capital-intensive nature of these investments may favour companies with strong financial capacity.

Overall, the report suggests that India’s energy transition will be shaped by a combination of rising demand, policy support, manufacturing growth, and the need to maintain energy security in a changing global environment.

India, Austria launch fast-track system to boost investment ties

New Delhi, Apr 18 (BNP): India and Austria have jointly introduced a bilateral fast-track mechanism aimed at improving investment flows and strengthening economic cooperation between the two countries.

The newly launched system is designed to support businesses and investors by providing a structured platform to address challenges, streamline processes, and enhance the overall ease of doing business. It will enable companies from both countries to raise concerns, seek quicker resolutions, and engage directly with relevant authorities.

The mechanism is expected to reduce procedural delays and create a more efficient and predictable investment environment. It also encourages the exchange of suggestions between the two sides to further improve regulatory frameworks and business conditions.

A fast-track mechanism refers to a dedicated system that accelerates approvals and resolves issues faced by investors in a timely manner. By simplifying procedures and improving coordination, it helps businesses operate more smoothly and with greater confidence.

This initiative marks a significant step toward deepening bilateral economic ties and fostering greater collaboration between businesses in India and Austria.

Oil prices drop, global markets rally on easing US-Iran tensions

Apr 18 (BNP): Global financial markets saw a strong upswing after tensions between the United States and Iran showed signs of easing, lifting investor confidence across regions.

Oil prices declined sharply as fears of supply disruptions eased, particularly around the Strait of Hormuz, a critical route for global crude shipments. The earlier spike in prices, driven by geopolitical uncertainty, began to reverse as stability returned to the region.

Equity markets responded positively to the development. Major indices in the United States recorded notable gains, with technology and consumer sectors leading the rally. Lower oil prices also raised expectations of reduced inflationary pressure, further supporting market sentiment.

European and Asian markets followed the upward trend, reflecting a broader sense of relief among investors. Sectors sensitive to fuel costs, such as aviation and logistics, performed well, while energy stocks came under pressure due to falling crude prices.

Despite the optimism, market participants remain watchful. The sustainability of the current rally depends on how long the geopolitical calm holds, as any renewed tensions could quickly impact oil prices and global equities.

India Needs Fewer, Better Destinations to Drive Tourism Growth: NITI Aayog

Apr 18 (BNP): NITI Aayog Vice Chairman Suman Bery has highlighted the need for Indian states to develop at least one world-class tourist destination to strengthen the country’s tourism sector.

India Needs Fewer, Better Destinations to Drive Tourism Growth: NITI Aayog

 Pic Credit: Pexel

The recommendation comes with a focus on improving infrastructure, visitor experience, and overall destination management so that tourists are encouraged to stay longer. Greater emphasis is being placed on domestic and religious tourism, which continue to draw large numbers of travelers across the country.

The suggestion was made during the release of the report “Divya Bharat: A Window to the Soul of India,” which outlines strategies to unlock tourism’s potential as a key driver of economic growth.

The broader approach aims to move beyond short visits and promote more immersive travel experiences, helping boost local economies and create sustainable tourism opportunities.