Blog - The Purbottar

12 Sep

Retail inflation upsurge to 2.07% in August; food prices remain in deflationary territory

editorBusiness, News

Core retail inflation rose marginally to 2.07% in August 2025 from 1.61% in July, well within the Reserve Bank of India's target range, according to official data released on Friday. The RBI has been directed not to allow inflation to rise beyond its tolerance range of 2%-6% for more than three consecutive quarters. Consumer Price Index (CPI) inflation in August rose 46 basis points year-on-year over the previous month, driven mainly by increased prices of vegetables, meat and fish, edible oils, eggs and personal care items. The National Statistical Office said, "The increase in core inflation and food inflation during…

12 Sep

Groww Mutual Fund launches Multi Asset Allocation Fund with SHAASTRA platform

Business BureauBusiness

Groww Mutual Fund has announced the launch of its Groww Multi Asset Allocation Fund, an open-ended scheme designed to invest across equity, debt, gold, and silver. The New Fund Offer (NFO) will remain open from September 10 to September 24, 2025. The fund aims to offer investors a diversified portfolio framework to potentially reduce volatility and adapt to shifting market conditions. At the heart of the fund is SHAASTRA (Strategic Holistic Asset Allocation and Systematic Technical Risk Assessment), Groww’s in-house platform that integrates macroeconomic data, technical signals, and market trends. This system supports fund managers in taking timely allocation decisions,…

12 Sep

In Bengaluru, a delegation from the Sikkim Assembly attends the 11th CPA India Region Conference

Sonakshi SarkarSikkim

A delegation from the Sikkim Legislative Assembly (CPA Sikkim Branch), led by Speaker Mingma Norbu Sherpa and Deputy Speaker Raj Kumari Thapa, participated in the inaugural ceremony of the 11th Commonwealth Parliamentary Association (CPA) India Region Conference at Vidhan Soudha, Bengaluru, on Thursday. The team also included Assembly Secretary Lalit Kumar Gurung, Principal Director Karma Tshering Gyatso Bhutia, Senior PS to the Deputy Speaker Pradeep Gurung, and PS to the Speaker Aadarsh Chhetri. Before the formal proceedings, Speaker Sherpa joined the Executive Committee Meeting at the Vidhan Soudha conference hall. The conference was inaugurated by Lok Sabha Speaker and CPA…

12 Sep

Gaurav Gogoi criticizes Himanta Biswa Sarma and casts doubt on the CM’s legitimacy

Sonakshi SarkarAssam

Assam Congress MP Gaurav Gogoi has launched a strong attack on Chief Minister Himanta Biswa Sarma, accusing him of damaging the dignity of the Chief Minister’s chair through controversial remarks and unverified claims. Gogoi, in a series of sharp comments on social media, cited what he called “embarrassing instances” that, according to him, have eroded Sarma’s credibility among the people of Assam. The immediate flashpoint came when Gogoi reminded the public of Sarma’s earlier claim that he had seen a “body double” of Rahul Gandhi during the Bharat Jodo Yatra. The Congress leader described the statement as both “baseless and…

12 Sep

Monsoon Surge: IMD warns of heavy to very heavy rainfall from Sept 13-15

Banasree SarkarAssam

From September 13 to 15, the India Meteorological Department (IMD) has forecast heavy to extremely heavy rainfall in several regions of the state. In a few districts, it has issued an orange alert, meaning to be ready to act. The IMD predicts that from September 11 to 17, Assam will see isolated heavy rainfall and mild to moderate rainfall and thunderstorms in most locations. Additionally, it forecasted extremely high rainfall in Assam between September 13 and September 15, 2025. A special weather bulletin from IMD's Regional Meteorological Centre, Guwahati, states that on September 13, isolated locations over the Nagaon district…

12 Sep

Punjab Kings launches urgent flood relief campaign in collaboration with Ketto and Global Sikh Charity

Business BureauBusiness

In response to the recent devastating floods in Punjab, Punjab Kings has partnered with Ketto.org and Global Sikh Charity to launch an urgent relief fundraiser aimed at helping affected families across the state. The floods have left thousands deprived of food, shelter, and medical care, prompting an immediate call for assistance. The campaign seeks to provide essential items, medical support, temporary housing, and resources to help rebuild communities. Speaking about the initiative, Varun Sheth, CEO and Co-Founder of Ketto, said, “More than just raising money, this initiative with Punjab Kings and Global Sikh Charity aims to rebuild lives, restore dignity,…

12 Sep

Gukesh’s Title Defense in Trouble After Third Consecutive Defeat; Redemption Ride Starts vs Divya

editorSports

Gukesh has been held to a draw at Grand Swiss by 14-year-old Yagiz Kaan Erdogmus, defeated by 16-year-old American GM Abhimanyu Mishra, and now lost to Ediz Gurel, another 16-year-old from Turkey. In chess circles, there's an informal club whose membership grows somewhat each year. The Mikhail Chigorin Club is named after the Soviet Union player who competed in two World Championship matches against Wilhelm Steinitz but lost both times. To acquire membership in the Mikhail Chigorin Club, defeat a reigning world champion in a classical chess game. Three players have already joined the club in the FIDE Grand Swiss…

12 Sep

New Shinkansen Line to Boost Regional Growth

Mohini BarmanInternational

Japan has inaugurated a new Shinkansen (bullet train) line connecting Kanazawa with Tsuruga, cutting travel time by more than an hour. Prime Minister Fumio Kishida said the expansion will boost tourism and regional economies. Japan’s Shinkansen, famous for its speed and safety, is also being studied by India for its Mumbai–Ahmedabad high-speed rail project. Experts say Japan’s success provides valuable lessons for South Asia as it looks to modernize transport infrastructure.

12 Sep

Birla Tyres named official tyre partner of DP World Asia Cup 2025

Business BureauBusiness

Birla Tyres has officially been announced as the Official Tyre Partner of the upcoming DP World Asia Cup 2025, marking a significant milestone for the brand. The collaboration highlights Birla Tyres’ commitment to performance, reliability, and endurance – qualities that mirror the spirit of cricket and resonate with millions of customers worldwide. Commenting on the partnership, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd, said, “Becoming the Official Tyre Partner of the DP World Asia Cup 2025 is a proud moment for all of us at Birla Tyres. Cricket is more than a sport; it is an…

12 Sep

Thousands Without Power as Storm Hits North Carolina

Mohini BarmanInternational

Hurricane Fiona made landfall on the US East Coast, leaving more than 200,000 homes without power. The storm brought heavy rainfall, flooding, and winds exceeding 120 km/h. Emergency shelters have been opened in coastal areas, while authorities urged residents to stay indoors. Airports in the region canceled dozens of flights, and schools remain closed. US President Joe Biden assured federal aid and warned that climate-driven storms are becoming stronger. Meteorologists said Fiona may continue northward, possibly affecting Canada.