ETF Inflows Reach Record High in FY26, Led by Gold and Silver Demand

New Delhi, Apr 30 (BNP): Exchange-Traded Funds (ETFs) in India have recorded a sharp rise in investments, with inflows reaching a record ₹1.8 lakh crore in FY26, driven largely by growing interest in gold and silver-backed funds, according to a report.

The surge reflects increased investor preference for safe-haven and commodity-linked assets amid global economic uncertainty and market volatility. Precious metal ETFs, in particular, have seen strong traction as investors look for stability and diversification.

The report highlights that the strong inflows mark a significant jump compared to previous years, indicating rising participation from both retail and institutional investors in ETF products.

Gold Prices Surge Past 1.50 Lakh per 10 Grams on Global and Geopolitical Factors

Gold Prices Surge Past 1.50 Lakh per 10 Grams on Global and Geopolitical Factors

New Delhi, Apr 30 (BNP): Gold prices advanced in futures trade on Thursday, climbing by ₹1,791 to cross the ₹1.50 lakh mark per 10 grams, supported by firm international trends and safe-haven buying.

The rise came after the US Federal Reserve held interest rates steady, which boosted demand for gold amid ongoing global uncertainty. Continued geopolitical tensions in West Asia also added to investor interest in the precious metal.

On the Multi Commodity Exchange (MCX), gold contracts for June delivery gained 1.2% to settle at ₹1,50,841 per 10 grams, with a trading volume of over 9,200 lots.

Domestic commodity markets will remain closed for the morning session on Friday on account of Maharashtra Day.

 
 

India’s FDI Expected to Surpass Dollar 90 Billion in FY26 on Strong Investor Interest

New Delhi, Apr 30 (BNP): Foreign Direct Investment (FDI) into India is expected to exceed $90 billion in the financial year 2025–26, reflecting strong global investor confidence in the country’s economy.

According to senior government officials, India has already received over $88 billion in gross FDI between April 2025 and February 2026. This steady inflow points to an estimated growth of around 10% compared to the previous year.

Officials noted that key sectors driving this investment include manufacturing, computer services, financial services, and communication services. Major investment sources continue to be Singapore, the United States, Mauritius, Japan, and the Netherlands.

The overall increase in inflows is expected to push FDI closer to 2% of India’s GDP, marking sustained long-term interest from global investors. The government, through ongoing policy reforms and facilitation measures, continues to focus on improving the investment climate and encouraging further foreign participation in the economy.

 

RAKEZ to spotlight industrial growth and investment opportunities at Make it in the Emirates 2026

RAKEZ to spotlight industrial growth and investment opportunities at Make it in the Emirates 2026

 Ras Al Khaimah, Apr 30: Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in the fifth edition of the Make it in the Emirates exhibition, taking place at ADNEC Centre Abu Dhabi from 4 to 7 May 2026, reinforcing its role in advancing the UAE’s industrial landscape and attracting high-value investments.

As part of its participation, RAKEZ Group CEO Ramy Jallad will join a panel discussion titled “Industrial Zones as Engines of Growth: Powering the UAE’s Industrial and Investment”, where he will share insights on how integrated economic zones are enabling sustainable industrial expansion and supporting long-term investor confidence.

The economic zone will also mark the occasion by signing lease agreements with companies across manufacturing and industrial sectors, highlighting continued demand for Ras Al Khaimah as a base for business growth.

During the exhibition, RAKEZ will showcase its comprehensive ecosystem designed to support investors across diverse industrial sectors. This includes advanced infrastructure, tailored solutions, and value-added services that enable businesses to establish, operate, and scale efficiently. With around 1,000 manufacturing companies operating within RAKEZ across sectors such as packaging, F&B, automotive, aviation, construction, and defence, the economic zone continues to contribute to Ras Al Khaimah’s broader manufacturing base of around 3,400 companies.

Companies operating within RAKEZ benefit from a cost-competitive environment, with development costs approximately 10% lower and operating costs around 50% lower than the regional average. In addition, seamless connectivity through ports and airports ensures efficient global market access, while an ecosystem built around sustainability supports businesses in translating ESG ambitions into practical operations. Networking platforms and B2B matchmaking initiatives further enable collaboration and growth within the business community.

Commenting on RAKEZ’s participation, Ramy Jallad said: “Our presence at Make it in the Emirates reflects the growing role we play in shaping the UAE’s economic future. What we are seeing today is a strong shift towards long-term, value-driven investment, where businesses are looking for stability, efficiency, and the ability to scale with confidence. At RAKEZ, we continue to focus on creating an environment where manufacturers and industrial players can operate with clarity, expand sustainably, and connect to global markets with ease.”

He added: “Through our integrated ecosystem and close engagement with our business community, we are enabling companies at every stage of their journey to grow and evolve. This is aligned with the UAE’s broader industrial vision and our ongoing commitment to supporting initiatives such as Operation 300bn.”

As RAKEZ continues to strengthen its presence at national platforms, its participation in Make it in the Emirates 2026 underscores its commitment to attracting high-quality investments, supporting industrial growth, and enabling local manufacturers to expand regionally and globally.

 

Industrialists are invited to connect with the RAKEZ team at Make It In the Emirates from 4 to 7 May at Stand 7-EN22 in Hall 7 at ADNEC, Abu Dhabi.

Simulated LOX Module for India’s Indigenous AIP System flagged-off from INOXCVA facility for Factory Acceptance Tests

Vadodara, Apr 30: INOX India Ltd., a leading global player in cryogenic technology solutions, flagged-off the simulated Liquid Oxygen (LOX) storage module developed for Test & Trial of Energy Module for India’s indigenous Air Independent Propulsion (AIP) system, being spearheaded by Naval Material Research Laboratory (NMRL), Ambernath, a premier laboratory under Defence Research and Development Organisation (DRDO). The tank, manufactured at INOXCVA’s Kalol Facility, for AIP production agency partner and was flagged off from INOXCVA by Dr Suman Roy Choudhury, Director NMRL and Deepak Acharya, CEO, INOXCVA.

Simulated LOX Module for India’s Indigenous AIP System flagged-off from INOXCVA facility for Factory Acceptance Tests

INOXCVA’s scope for this strategic programme includes the design, engineering, fabrication, testing, and supply of cryogenic LOX storage tank developed for the ground-based prototype system. The highly specialised tank stores oxygen in liquid form at cryogenic temperatures and are engineered to ensure the highest standards of purity, safety, and reliability.

Deepak Acharya, Chief Executive Officer, INOX India Ltd, said,

“The flag-off of the simulated LOX module marks a proud milestone for INOXCVA and a meaningful contribution to India’s strategic defence capabilities. The AIP programme represents a critical advancement in enhancing the endurance and stealth of our submarines, and we are honoured to support it with our specialised cryogenic expertise. This achievement reflects our commitment to delivering high-precision, mission-critical systems that uphold the highest standards of safety, reliability, and engineering excellence in service of the nation.”

Govt Plans Rail Connectivity for Poonch, Rajouri and Uri: Vaishnaw

Jammu, Apr 30 (BNP): Union Railway Minister Ashwini Vaishnaw has said that the government is working on plans to extend railway connectivity to remote and border areas of Jammu and Kashmir, including Poonch, Rajouri, and Uri in Baramulla district.

He informed that detailed project reports for these proposed rail links have already been prepared. The next step, he said, will be to move ahead with implementation to improve connectivity in these strategically important regions.

Vaishnaw made the announcement after inaugurating the first direct Vande Bharat Express service between Srinagar and Jammu. He highlighted that expanding rail infrastructure in Jammu and Kashmir is aimed at improving travel convenience, strengthening regional connectivity, and supporting overall economic development in the area.

AI and Design Trends Reshape India’s Smartphone Buying Choices

New Delhi, Apr 30 (BNP): A recent industry report highlights a clear shift in how Indian consumers are choosing smartphones, with artificial intelligence features and design aesthetics playing a major role in purchase decisions.

The report indicates that buyers are no longer focusing only on price or basic specifications. Instead, they are increasingly drawn to smartphones that offer smarter AI-based features such as enhanced photography, improved battery optimisation, voice assistance, and personalised user experiences. These upgrades are making everyday phone use more convenient and interactive.

Alongside technology, design has become equally important. Consumers are showing strong preference for slim builds, premium finishes, and modern looks that match their lifestyle and personal style. This change reflects a growing demand for devices that combine functionality with visual appeal.

The findings also suggest that many customers are now willing to spend more for smartphones that deliver a better overall experience. This trend points to a gradual shift in the Indian smartphone market towards more premium and feature-rich devices, as user expectations continue to evolve.

Hilti India Strengthens Academia-Industry Collaboration with Delhi Technology University (DTU) Through Industry-Supported Lab

Business Wire India

Hilti India, in collaboration with Delhi Technological University (DTU), has strengthened its longstanding academia–industry partnership with the establishment of an industry-supported laboratory designed to build technical expertise among future engineers and advance its vision of Making Construction Better.

The collaboration is part of a sustained effort to build awareness and expertise in fastening technology, with a focus on enabling knowledge-sharing through structured technical sessions and experiential learning. Anchored in Hilti’s “Educate to Elevate” approach, the initiative reflects a joint commitment to bridging academia and industry — and to shaping a strong engineering community for the future.

The inauguration ceremony was presided over by the Hon’ble Vice Chancellor of DTU, with addresses from the Registrar, Head of the Department of Civil Engineering, Director of CoEDRR, and the Faculty Coordinator of CoEDRR. The proceedings underscored DTU’s and CoEDRR’s vision and initiatives, with particular emphasis on the role of applied research and industry collaboration in advancing engineering education.

The laboratory has been established with the vision of offering a structured and progressive learning journey for the engineering fraternity of tomorrow. It is designed to take students seamlessly through three distinct stages — from theoretical foundations through reference handbooks covering Steel-to-concrete and Concrete-to-concrete connections, to design and analysis using specialized software, and finally to real-world application through hands-on demonstrations with relevant tools and products.

With a focused emphasis on building competence in post-installed fastening technology, particularly for retrofitting and strengthening applications, the laboratory closely aligns academic learning with current industry requirements and real-world construction practices. The goal is to ensure that students are not just classroom-ready, but genuinely prepared to contribute to improved construction quality, enhanced jobsite safety, and the development of more resilient infrastructure across India.

Commenting on the initiative, Jayant Kumar, General Manager and Managing Director, Hilti India, said, “Engineering education is most powerful when it meets real-world application, and that is precisely the spirit behind our collaboration with Delhi Technological University. By equipping students with hands-on exposure to post-installed connections and modern construction technologies, we are investing in a generation of engineers who will build with greater precision, safety, and confidence. At Hilti India, everything we do is anchored in our purpose of Making Construction Better, and partnerships like this one are how that purpose comes to life, from the classroom to the job site.”

This initiative with DTU reflects Hilti India’s commitment to strengthening its engagement with engineering academia in India. Through partnerships that go beyond products and technology, Hilti aims to actively support how future engineers learn, think, and build. By expanding collaborations with leading institutions across the country, Hilti India is working toward integrating industry expertise with academic excellence, supporting the development of safer, more innovative, and sustainable construction practices in India.

 

CISCE Declares ICSE and ISC Results 2026

Bhubaneswar, Apr 30 (BNP): The Council for the Indian School Certificate Examinations (CISCE) has declared the ICSE (Class X) and ISC (Class XII) examination results for 2026 on Thursday at 11:00 AM, as per the scheduled timeline.

Students can access their results through the official CISCE websites by selecting the ICSE Result 2026 or ISC Result 2026 links and entering the required credentials to view their scorecards.

In addition to the official portal, results are also available through DigiLocker, where students can log in using their registered mobile number and Aadhaar details to download digital marksheets. Candidates can also check results via SMS by sending their unique ID in the prescribed format to the designated number. The UMANG mobile application further provides an option to view results by entering the student’s UID and index number.

The council is expected to release detailed statistics soon, including pass percentages, subject-wise performance, and toppers’ lists.

MNP or Buy New SIM, Get 1 Litre Petrol Free’ Offer by Telangana Mobile Store Goes Viral!

Hyderabad, Apr 30 (BNP): A promotional campaign by a mobile retail store in Telangana has gone viral on social media after offering customers 1 litre of petrol free for porting their number through Mobile Number Portability (MNP) or purchasing a new SIM card.

MNP or Buy New SIM, Get 1 Litre Petrol Free’ Offer by Telangana Mobile Store Goes Viral!

The eye-catching advertisement, which reads “MNP or Buy New SIM, Get 1 Litre Petrol Free,” quickly attracted widespread attention online, with many users praising the innovative marketing strategy amid rising fuel prices. The unusual offer has sparked curiosity and generated heavy footfall at the store.

According to reports, the retailer launched the campaign to attract new telecom customers and boost SIM sales in a highly competitive market. With petrol prices remaining a major concern for consumers, the incentive resonated strongly with the public and gained rapid traction across digital platforms.

Marketing experts say the campaign highlights how small businesses are increasingly using creative local offers to capture consumer interest and build brand visibility.

The store’s identity and duration of the offer were not immediately confirmed, but the campaign has already become one of the most talked-about local promotional ideas in recent days.