Business Correspondent

PM Narendra Modi introduced development projects worth Rs 11,600 crore in Assam on Sunday. The infrastructure projects, funded by both the state government and the Centre, were announced at an event at the Veterinary College Playground in Khanapara, Guwahati. Some major projects for which foundation stones were laid include the six-lane road from the new airport terminal in Guwahati (Rs 358 crore), Kamakhya temple corridor (Rs 498 crore), a new sports complex in Chandrapur (Rs 300 crore), and the upgradation of Nehru Stadium to FIFA standards (Rs 831 crore). The second edition of 'Asom Mala' roads was also kicked off…

Packaged snacks and sweets major Bikaji Foods International posted a robust 14.4% increase in its third-quarter profit on Friday. The spike in profit is attributed to the increase in demand for its varied range of packaged sweets and snacks. The consolidated net profit for the three months ending December 31 totalled to Rs 46.62 crore, marking a incredible rise from Rs 40.74 crore recorded in the corresponding period the previous year. The festive season, starting from October and ending in November, witnessed a notable uptick in consumer purchases of snacks and sweets, contributing significantly to Bikaji Foods' third-quarter financial performance.…

The Reserve Bank of India (RBI) on Thursday issued a statement that around 97.50 % of Rs 2,000 banknotes have been returned till January 31, 2024. Whereas the amount of Rs 2000 banknotes is still in circulation in the economy which stood at Rs 8,897 crore, however RBI mentioned that Rs 2,000 banknotes will continue to be legal tender. As of January 31, 2024, the total amount of Rs 2,000 banknotes in circulation has significantly reduced to Rs 8,897 crore from the Rs 3.56 lakh crore reported at the close of business on May 19, 2023, the RBI said in…

Baba Ramdev's wax impression statue which has been carved in the Vrikshasana pose( standing on one leg with the other leg bent and the sole of the foot resting against the inner thigh of the standing leg) was unveiled on Tuesday at the event in Delhi in the presence of Baba Ramdev. Swami Baba Ramdev's iconic wax statue has find place in Madame Tussauds Museum New York and it's a moment of pride for him as well as all Indians. On the occasion, Baba Ramdev said, "I feel honoured that my wax statue is being installed at Madame Tussauds in…