editor - The Purbottar

12 Jun

Body of unknown person retrieved in Bagdogra

editorNews, North Bengal, Siliguri

Bagdogra, June 12: A tragic incident came to light in Bagdogra where the body of an unidentified person was found. According to the information, local people noticed a dead body under the fly over at Bihar turn of Bagdogra. After this, information about the matter was given to Bagdogra police station. Police without delay reached the spot, recovered the body and took it to North Bengal Medical College and Hospital for post-mortem. Police sources contemplate that the person might have fallen from the fly over in the dark of night. However, the complete occurrence is being further investigated.

12 Jun

A petrol pump caught dispensing water instead of fuel, Assam

editorAssam

Amidst sudden petrol & diesel fuels price hike in Assam post-election results declaration, recently a heated incident unfolded in a petrol pump of Sonitpur district. According to the sources, two motorcycle owners faced difficulties when their vehicles broke down, on investigating they out that the petrol pump supplied water instead of petrol. The incident took place on Tuesday, night. Soon after the incident took place, their have been outrage among the people which lead to protest. To control the situation, police team was deployed including DSP and police officer-in-charge of Sonitpur district.

11 Jun

Life insurers upsurge Rs 27,034 Crore as new business collections

editorBusiness, News

New business premium collections of life insurance companies grow by 15.15% in the month of May 2024 compared to the same month last year, boost by strong demand for improved insurance protection from both corporate and individual consumers. According to the Life Insurance Council, new policy issuances grew by 12.45% in the same period, reflecting strong underlying demand for life insurance products. New business premium increased from Rs 23,448 Crore in May 2023 to Rs 27,034 Crore in May 2024, with year-to-date (YTD) collections rising even further to Rs 47,293 Crore from Rs 36,043 Crore. Driven by strong demand for…

11 Jun

Sikkim: Swearing-ceremony of CM and other Ministers held

editorSikkim

In recent, state polling, the Sikkim Krantikari Morcha (SKM) party, led by PS Golay, won 31 out of 32 seats against the Pawan Chamling-led Sikkim Democratic Front. After the victory Prem Singh Tamang (Golay) took oath as newly elected Chief Minister of Sikkim along with other Council of Ministers. According to the sources, a total of eleven minister in the swearing-ceremony took oath for development and balance of the state, Sikkim. Additionally, the group of ministers including PS Golay are Sonam Lama, Arun Upreti, Samdup Lepcha, Bhima Hang Limboo, Bhojraj Rai, G.T. Dhungyel, Puran Kumar Gurung, Pintso Namgyal Lepcha, N.B.…

10 Jun

Assam-Manipur border tightened ahead of Manipur violence

editorManipur

Fresh violence hits Manipur again, the latest surge began as Soibam Saratkumar Singh, a 59-year-old Meitei farmer who had been missing for weeks. His death sparked outrage among the local residents and have been demanding the right to arm themselves for protection. The incident took place at Manipur's Jiribam district on June 6, 2024. Following the incident, the state has been unrest prompting hundreds to flee and seek refugees in neighbouring state, Assam particularly in Lakhipur area of Cachar district. To prevent the crossing border, Assam has tightened security measures at the Assam-Manipur border. Numal Mahatta, the Superintendent of Police…

10 Jun

Consumers expect spending to gain in next one year: RBI survey

editorBusiness, News

According to the latest survey by the Reserve Bank of India (RBI), Indian consumers are expected to increase spending over the next one year, with both essential and non-essential items increasing.RBI's Consumer Confidence Survey (CCS) showed that the rise in consumer confidence has stalled for the current period as sentiments have declined slightly on all parameters except spending in the latest survey round.The Current Situation Index (CSI) declined to 97.1 in May 2024 from 98.5 two months ago."For the year ahead, consumer confidence remained elevated in optimistic territory, although it declined marginally due to relatively soft sentiments on general economic…

08 Jun

Bajaj Housing Finance files DRHP with SEBI to improve ₹7,000 Crore via IPO;

editorBusiness, News

Bajaj Housing Finance IPO: Bajaj Housing Finance has filed preliminary draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds of ₹7,000 Crore through its upcoming public offering. The total public issue of up to ₹7,000 Crore includes a new issue of equity shares up to ₹4,000 Crore and an offer for sale (OFS) of up to ₹3,000 Crore by the selling shareholder with a face value of up to ₹3,000 Crore. Or the parent company, Bajaj Finance limited each equity share of ₹10. The share sale is being conducted to comply with Reserve…

08 Jun

Swang of Muslims from AIUDF to Congress in Assam: Assam Chief Minister

editorAssam

Assam Chief Minister Himanta Biswa Sarma analyses number of votes post-Lok Sabha election results. The Assam CM claimed that now Congress is completely Muslim party, the vote share didn't increase at the cost of BJP, their was a shift of Muslims from AIUDF party to Congress party. Assam CM said, "The results make it clear that the Muslims, who account for 40% of the State’s electorate, have adopted the Congress in Assam. I do not know whether they will remain with the Congress or return to the AIUDF in the 2026 Assembly election." Analysing the NDA's route, he shared, "Our…

07 Jun

RBI Monetary Policy 2024: RBI keeps repo rate unchanged at 6.5% for eighth consecutive time, extend FY25 GDP estimate to 7.2%

editorBusiness, News

RBI MPC Meeting June 2024: With the RBI keeping the repo rate constant, all external benchmark lending rates linked to the repo rate will not increase, providing relief to borrowers as their EMIs will not increase. RBI Monetary Policy Meeting June 2024: The Monetary Policy Committee (MPC) of the Reserve Bank of India, which began its meeting on Wednesday, has kept the repo rate unchanged at 6.5% for the eighth consecutive time. This is the first time that the MPC met after the declaration of Lok Sabha election results. In April, the central bank had determined to keep the repo…

07 Jun

Petrol is cheaper in Assam than West Bengal: CM Himanta Biswa Sarma

editorAssam

Petrol and diesel prices in Assam has been increased by Rs. 1.01 since Thursday just after twenty-four hours of election results declaration which has raised eyebrows of the residents. Assam Chief Minister Himanta Biswa Sarma defending the sudden hike mentioned that fuel prices are cheaper in Assam compared to opposition led states. Assam CM asserted that, "Before the Lok Sabha polls, we made the petrol-diesel prices cheaper by Rs 3 per litre. But due to flooding and other situations in the state, we were forced to increase the prices by only Re 1.” Further he added, “If anybody compares the…