Business

03 Sep

LPG price hike: OMC upsurge the prices of commercial LPG cylinder by Rs 39 from September 1. The current price in Delhi is Rs 1,691

Priyanka RoyBusiness, latest

Oil marketing companies (OMCs) have increased the price of 19 kg commercial LPG cylinder by Rs 39 from September 1. After this hike, the retail price of a 19 kg commercial LPG cylinder in Delhi is now Rs 1,691.50.The sudden inflation in LPG prices is likely to impact businesses across sectors ranging from restaurants and hotels to small-scale industries as consumers grapple with increasing costs.Earlier, OMC had reduced commercial LPG gas cylinder prices by Rs 30 on July 1 to provide relief to businesses and commercial establishments. Due to this cut, the retail price of 19 kg commercial LPG cylinder…

02 Sep

TRC welcomes visionary surgeons Dr. Anamika Nath and Dr. Pranamee Das: A new era of eye care in Guwahati

Business BureauBusiness

The Retina Centre (TRC) is stepping into a new chapter of eye care excellence with the arrival of two distinguished surgeons, Dr. Anamika Nath and Dr. Pranamee Das. Their addition marks a pivotal moment for TRC, amplifying its commitment to world-class eye treatment in Guwahati. Dr. Anamika Nath, celebrated for her expertise in Vitreo Retina Surgery, brings a wealth of experience, including an MS in Ophthalmology from the Regional Institute of Ophthalmology and a fellowship from ARAVIND Eye Hospital. Her collaboration with Dr. S.U. Ahmed, a trailblazer in VR surgery in North-East India, highlights her pivotal role at TRC. Beyond…

02 Sep

A new era of commuting excellence: The All New TVS Jupiter 110 – unparalleled Design, Performance, Comfort and Convenience

Business BureauBusiness

TVS Motor Company (TVSM), a leading global automaker that operates in the two and three wheeler segment, today launched the all new TVS Jupiter 110. The scooter comes equipped with a next-gen engine and futuristic, first-in-segment features. The All New TVS Jupiter 110 exemplifies the very essence of "Zyada" – more style, mileage, performance, comfort, convenience, safety, and technology TVS Jupiter has been an unwavering companion and has continuously fulfilled the diverse needs of its 6.5 million customers. At the launch, Mr. Aniruddha Haldar, Senior Vice President — Head Commuter Business and Head Corporate Brand & Media, TVS Motor Company,…

02 Sep

Air India Express expands network with five new routes, adds Agartala as 46th destination

Business BureauBusiness

Air India Express has announced the addition of Agartala to its rapidly expanding domestic network, marking its 46th destination. The airline launched five new routes on Sunday, including daily direct flights from Agartala to Guwahati and Kolkata, as well as Hyderabad to Guwahati, Bengaluru to Vijayawada, and Bengaluru to Indore. With Agartala now on its map, Air India Express strengthens its presence in the Northeast, offering seamless connectivity to major cities like Delhi, Chennai, and Bengaluru through one-stop flights. The airline’s entry into Agartala is expected to stimulate economic growth and tourism in Tripura. Kolkata stands to gain significantly from…

02 Sep

HDFC ERGO launches PMFBY in Tripura for Kharif 2024, secures farmers against crop losses

Business BureauBusiness

HDFC ERGO General Insurance Company is making waves with its latest initiative to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif 2024 season across Tripura. This landmark move, sanctioned by the Government of Tripura, will provide crucial insurance coverage for both loanee and non-loanee farmers in the districts of Dhalai, Gomati, Khowai, South Tripura, West Tripura, and others, safeguarding them against diverse agricultural risks. With a coverage amount of ₹85,922 per hectare for Aman paddy and a farmer share rate of just 2%, the scheme is designed to shield farmers from uncertainties such as drought, floods, and…

31 Aug

Byatikram to celebrate Bhupen Hazarika’s 98th birth anniversary in Tripura Byatikram MASDO

Business BureauBusiness

Byatikram to celebrate Bhupen Hazarika’s 98th birth anniversary in Tripura Byatikram MASDO, one of the premiere socio-cultural organization in collaboration with the Information and Cultural Affairs Department of the Government of Tripura and News Bengal 365 is all set to celebrate the 98th birth anniversary of Bharat Ratna Dr. Bhupen Hazarika in Agartala, Tripura. The event will start at 5 pm on September 7 at the Town Hall of Agartala. To announce the same, a press meet was organized on August 31 at Gauhati Press Club, Ambari in presence of Singer Samar Hazarika, Dawor Hazarika, Jayati Bhattacharjee, Pranita Talukdar, Tanisha…

31 Aug

Bank credit growth upgrade to 15.1% by July, deposits lag: RBI

Priyanka RoyBusiness, latest

According to the RBI, growth in credit card outstanding slowed to 22 percent to Rs 2.75 lakh crore from 32.4 percent a year ago.Non-food bank credit is projected to grow 15.1 percent by July 2024 to Rs 162.92 lakh crore by July 2024, compared to 14.7 percent a year ago, according to the latest RBI data.However, RBI data showed that banks' deposit growth slowed by 11.3 percent to Rs 213.28 lakh crore. With deposit growth slowing, banks are racing to raise funds through special deposit schemes and other innovative schemes to meet the credit demand in the system. Many banks…

30 Aug

Bandhan Bank boosts Tripura flood relief with major contribution

Business BureauBusiness

Bandhan Bank has made a substantial donation to the Chief Minister’s relief fund, reinforcing its commitment to supporting flood-stricken Tripura. The contribution, announced at a ceremony with Dr. Manik Saha, Hon'ble Chief Minister of Tripura, and senior bank officials, is set to play a pivotal role in the state’s ongoing recovery efforts. The severe flooding has left a trail of destruction across Tripura, impacting thousands of residents and disrupting local markets. In response, Bandhan Bank's donation aims to expedite relief operations and provide much-needed aid to affected communities. In Agartala, the floods have significantly impacted local commerce, with many businesses…

30 Aug

ICICI Prudential Life Insurance’s AUM surpasses Rs 3 lakh crore mark

Business BureauBusiness

ICICI Prudential Life Insurance Co. Ltd. has crossed the ₹3 lakh crore mark in Assets Under Management (AUM), reaching an impressive ₹3.14 lakh crore as of July 31, 2024. This achievement is more than just a number—it's a reflection of the deep trust and faith that countless individuals have placed in the company to safeguard their financial futures. Anup Bagchi, Managing Director and CEO of ICICI Prudential Life Insurance, shared his thoughts on this momentous occasion: "This milestone is a celebration of our customers' belief in us. We are dedicated to making life insurance simpler and more accessible, ensuring that…

29 Aug

Bikaji said it is ‘not for sale’ amid investor interest in Indian snacks market

Priyanka RoyBusiness, latest

Indian snacks maker Bikaji Foods is "not for sale" and is instead aiming to capitalize on the growing appetite for gourmet brands in the world's most populous country, a top executive told Reuters.The Indian salty snacks sector has grown rapidly in recent years as consumers increasingly splurge on packaged foods.“Bikaji is not for sale. No matter what price anyone offers, there are few things that are not for sale,” Chief Operating Officer Manoj Verma had said that earlier this month, without disclosing whether the company had received buyout offers.His comments came after India's Tata Group and a consortium including Blackstone…