Business - The Purbottar

04 Nov

Tata Motors commercial vehicle sales climb 10% in October; strong demand seen across segments

Business BureauBusiness

Tata Motors Limited reported robust performance in October 2025, registering total commercial vehicle sales of 37,530 units, marking a 10% year-on-year growth compared to 34,259 units in October 2024. The company witnessed broad-based demand across categories reflecting improved economic and logistics activity. In key segments, HCV trucks rose 7% to 10,737 units, ILMCV trucks grew 6% to 6,169 units, and passenger carriers surged 12% to 3,184 units. The SCV cargo and pickup segment registered a 7% increase at 15,018 units, highlighting continued traction in last-mile transportation. Domestic commercial vehicle sales stood at 35,108 units, up 7%, while international business recorded…

03 Nov

Gold price today!

Purbalee DuttaBusiness

Gold and silver prices edged higher in the domestic futures market on Monday, November 3, supported by a weaker dollar and improved spot demand. At around 9:10 a.m., MCX Gold December futures rose 0.39% to ₹1,21,708 per 10 grams, while MCX Silver December contracts gained 0.69% to ₹1,49,307 per kg. Both metals saw short covering after recent corrections, as expectations for additional U.S. Federal Reserve rate cuts weakened following Chair Jerome Powell’s hawkish comments. The Fed recently reduced rates by 25 basis points to 3.75–4.00%, but Powell signaled no cuts in December. The dollar index slipped 0.10%, providing support to…

03 Nov

Škoda Auto India hits record 61,607 sales in 10 months, postsbest-ever October performance

Business BureauBusiness

Škoda Auto India has achieved its highest-ever annual sales within the first 10 months of 2025, marking a milestone year as the brand celebrates 25 years in the country. The company sold 61,607 vehicles between January and October 2025, surpassing its previous full-year record of 53,721 units in 2022. October also proved historic with 8,252 units sold — Škoda’s best-ever monthly performance.The surge has been driven by the strong response to the Kylaq, the company’s first sub-4m SUV, which has already clocked nearly 40,000 units. Other contributors include sustained demand for the Kushaq and Slavia, rising interest in the luxury…

03 Nov

Nissan India reports 45% MoM sales surge in October, crosses 1.2 million export milestone

Business BureauBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) has reported a strong festive-season performance, recording consolidated sales of 9,675 units in October 2025, marking a 45% month-on-month jump. The company sold 2,402 units domestically while exports touched 7,273 units, driven primarily by demand for the New Nissan Magnite. Nissan also celebrated crossing 1.2 million cumulative vehicle exports, reinforcing India’s status as a key global manufacturing and export hub. The company credited the festive rush during Navratri, Dussehra and Diwali, along with the GST rate reduction, as major demand boosters. Managing Director SaurabhVatsa said the industry witnessed positive festive momentum, adding that the…

03 Nov

IREDA vows bigger push for renewable energy growth in Northeast, eyes green power hub future

Business BureauBusiness

The Indian Renewable Energy Development Agency Ltd. (IREDA) has renewed its commitment to accelerating renewable energy expansion in the North-Eastern region. Speaking at an event titled “Financing Renewable Energy in the North Eastern Region” in Guwahati, Chairman and Managing Director Pradip Kumar Das highlighted the region’s crucial role in India’s clean energy roadmap. Shri Das informed that India’s renewable energy capacity has tripled since FY14 and is projected to double again by FY2030, requiring investment of around ₹28 lakh crore. The Northeast, he noted, holds tremendous green energy potential, particularly in hydropower and solar, with approximately 5 GW of renewable…

03 Nov

TCI reports 8% revenue growth in Q2 FY26, driven by Auto & FMCG demand

Business BureauBusiness

Transport Corporation of India Ltd. (TCI), one of India’s largest integrated multimodal logistics and supply chain companies, has reported strong financial results for the second quarter of FY2026, supported by robust demand across the auto, FMCG and consumer durables sectors. The company posted a consolidated revenue of ₹12,174 million in Q2 FY26, an increase of 8% from ₹11,314 million in the same period last year. EBITDA rose 7% to ₹1,624 million from ₹1,519 million, while profit after tax (PAT) increased 6% to ₹1,135 million. For the first six months of FY26, TCI recorded 8.3% growth in revenue and 11% rise…

03 Nov

Kolkata leads India in crypto profitability as Gen Z drives investment boom

Business BureauBusiness

Kolkata has emerged as India’s most successful crypto investment hub this quarter, with 77.4% of investor portfolios in profit, according to CoinSwitch’s Q3 2025 edition of India’s Crypto Portfolio: How India Invests. The report, based on insights from over 2.5 crore users, highlights shifting crypto investment trends, with Gen Z (18–25) overtaking millennials as the largest investor group at 37.6%. Kolkata ranked 6th nationally in crypto adoption but topped the profitability chart, driven by a balanced and data-led approach to digital assets. Large-cap coins dominated portfolios at 36.3%, followed by blue-chip assets (24.3%), mid-cap assets (31.9%), and small-cap tokens (7.5%),…

03 Nov

CAIT launches ‘ARISE’ mission to skill 2.5 million retail traders across India

Business BureauBusiness

In a major push to strengthen India’s retail sector, the Confederation of All India Traders (CAIT) on Thursday launched its National Skilling Mission “ARISE” in partnership with Coca-Cola India and with support from the National Skill Development Corporation (NSDC). The initiative aims to train and digitally empower 2.5 million small traders and kirana owners across the country. The programme was inaugurated by Delhi Chief Minister Rekha Gupta. MP and CAIT Secretary General Praveen Khandelwal presided over the launch, attended by senior government officials and industry representatives. Gupta called the initiative a “historic step” to empower small shopkeepers who she termed…

01 Nov

Cultural sentiments surge as Shillong prepares for S.D. Burman tribute

Business BureauBusiness

Shillong’s cultural and events ecosystem is witnessing a positive uptick with the Byatikram Group announcing the second edition of “Remembering the Maestro – S.D. Burman”, scheduled for November 9 at U Soso Tham Auditorium. Organised in association with The Times of India and Rabindranath Tagore Club, Laban, the event is expected to boost regional tourism, hospitality demand, and audience footfall in the city’s cultural market. The announcement was made at Shillong Press Club in the presence of Dr. Saumen Bharatiya, Patron-in-Chief, Pankaj Deb, and key members of Byatikram Group. A symbolic 69-member chorus by Bahaar Group will honour S.D. Burman’s…

01 Nov

French delegation to explore investment potential in North-East at first Indo-French Conference in Assam

Business BureauBusiness

The Indo-French Chamber of Commerce & Industry (IFCCI) is set to host the first Indo-French Investment Conference in North-East India, with a special focus on Assam, aiming to strengthen bilateral ties and expand trade and investment opportunities in the region. Organised in partnership with the Embassy of France in India and the Assam Government, the conference will witness participation from key policymakers, diplomats, business leaders and senior bureaucrats. Union Minister for Communications and DoNER Jyotiraditya M. Scindia and French Ambassador Thierry Mathou will attend the event. More than 20 French CEOs will take part in a high-level Business-to-Government (B2G) session,…