Blog - The Purbottar

11 Dec

Cement prices may increase by 4%, which is good news for the sector

Priyanka RoyBusiness, News

According to CLSA, the Indian cement sector may see a price increase of 4% in the second half of FY25 and this will be good news for companies that have been affected by low prices across India for the last several quarters. However, the sustainability of these price increases remains a key monitorable factor, according to the brokerage. Cement prices increased by Rs 10-30 per bag in early December. The increase was the highest in the eastern and central regions of India at Rs 20-30 per bag, while the rest of the regions saw an increase of Rs 10.This means…

11 Dec

NHC Foods Ltd launches Rs. 47.42 crore rights issue

Business BureauBusiness

NHC Foods Ltd, a company specializing in the export of a wide range of food products, has opened its Rs. 47.42 crore rights issue for subscription. The rights issue, attractively priced at Rs. 1 per share, is a significant discount compared to the current market price of Rs. 2.76 per share, as of December 6, 2024. The offer will close on December 18, 2024. Shareholders are entitled to subscribe to the issue at a ratio of 4:1, meaning they can purchase four new shares for every existing share held on the record date of November 26, 2024. Investors can also…

11 Dec

Assam CM declares a massive 12-day celebration of progress throughout the state

Banasree SarkarAssamHimanta Biswa Sarma

According to Assam Chief Minister Himanta Biswa Sarma, 12 lakh people will benefit from the state's massive 12-day festival of development. This effort will include a number of welfare measures, such as providing scooties to girls, scholarships and bicycles to female students, waiving mother loan obligations, and financial aid to flood-affected families. "With the settlement with the banks, the state government will waive the loan for women in Assam who have taken out loans from financial institutions up to Rs 50,000," the Chief Minister told reporters. 'No dues certificates' would be issued by the banks to anyone who have taken…

11 Dec

Future Generali India Life Insurance promotes insurance awareness in Gangtok

Business BureauBusiness

Future Generali India Life Insurance Company Limited (FGILI) successfully hosted an insurance awareness and financial inclusion program in Gangtok, targeting rural communities in the region. The event, held at the New Panchayat Office Building Auditorium in Deoralli, engaged 160 key representatives from 51 Gram Panchayat Units across Gangtok and Pakyong districts. The initiative, supported by officials from the Rural Development Department (RDD), aims to boost insurance penetration in Sikkim, aligning with the Government of India’s goal of "Insurance for All by 2047." Mr. AlokRungta, MD & CEO of FGILI, highlighted the company’s commitment to providing financial protection to underserved rural…

11 Dec

Say bye to winter cold-cough

Banasree SarkarHealthcold-cough

Winter season means cold and cough. Especially during the change of season, whether it is fever or viral infection, cough is accompanied by a tail. Even after the cold and fever subsides, the stubborn cough does not want to subside. To get rid of this discomfort of winter cough, doctors prescribe syrup. Many people get sleepy again even after taking that syrup. In many cases, even taking syrup does not help. You can rely on home remedies to avoid problems. Mix two teaspoons honey half a teaspoon of lemon juice and a little ginger juice in a glass of lukewarm…

10 Dec

Retail vehicle sales increase 11.2 percent in November

Priyanka RoyBusiness, News

According to data compiled by the Federation of Automobile Dealers Association, retail sales of vehicles across categories in India rose 11.21 percent to 32,08,719 units in November as against 28,85,317 units in the same month last year. Retail sales of two-wheelers rose to 26,15,953 units in November as against 22,58,970 units in the same month last year. This shows a robust growth of 15.8 percent.

10 Dec

DUROPLY OFFERS LIFETIME GUARANTEE AGAINST TERMITE AND BORER INFESTATION ACROSS ITS RANGE OF WOOD PRODUCTS

Business BureauBusiness

Duroply, India's premium and one of the most experienced among the leading plywood manufacturers, offers Lifetime Guarantee against termite and borer infestation across its range of wood products (plywood, veneers, doors, and blockboards). Duroply was the first Company to introduce this industry unique value proposition way back in 2016. Widely respected for such customer centric product innovations, Duroply manufactures products that last generations. With this guarantee, Duroply reaffirms its commitment to providing long-lasting, and superior-quality products that meet the highest standards of durability and reliability, fulfilling the evolving needs of home owners, architects, and interior designers across the country. Akhilesh…

10 Dec

Assam CM Himanta Biswa Sarma overhauls cabinet to strengthen governance in key sectors

Sonakshi SarkarAssam

In a major shakeup aimed at boosting governance and leadership across crucial sectors, Assam Chief Minister Himanta Biswa Sarma has announced a comprehensive reshuffle of ministerial portfolios. The reshuffle, a strategic move designed to drive efficiency, innovation, and development, is expected to strengthen the state's administration and foster growth in key areas like healthcare, education, rural infrastructure, and social welfare. New Ministerial Assignments Prasanta Phukan has been entrusted with the Power, Skill, Employment, and Entrepreneurship, as well as the Medical Education and Research departments. He will also oversee the Pradhan Mantri Ayushman Bharat Yojana, focusing on advancing healthcare, energy sustainability,…

10 Dec

Losing its glory in birdwatching, Assam’s Maguri-Motapung Beel is in danger of going extinct

Banasree SarkarAssamAssam

The ecological health of the Maguri-Motapung beel in Dibru-Saikhowa National Park in the Tinsukia region of Assam has drastically deteriorated since the devastating Baghjan blowout. This region used to be a thriving biodiversity hotspot. Birdwatchers from all over the world come to the marsh, which is just 9 kilometers from Tinsukia town, to observe migratory bird species throughout the winter. However, the consequences of the oil spill have disturbed this delicate environment. The devastating June 2020 oil well blowout in Baghjan, which burned for over five months, left a trail of destruction in its aftermath. The fire damaged the delicate…

10 Dec

Sikkim receives prestigious rs 5 crore grant for climate mitigation projects

Sonakshi SarkarSikkim

Sikkim has been awarded a Rs 5 crore grant and technical assistance under the Cities 2.0 Challenge, specifically Component 2, aimed at climate change adaptation and mitigation. This initiative is part of the CITIIS 2.0 program, which is a sub-component of the Smart Cities Mission, organized by the National Institute of Urban Affairs (NIUA) and the Ministry of Housing and Urban Affairs (MoHUA). The grant will help Sikkim in developing climate-smart urban infrastructure and implementing green initiatives, aligning with the state's Strategic Urban Vision Document-2047. The proposal was praised for its approach to building climate resilience while preserving Sikkim's unique…