Business - The Purbottar

07 Jul

India showcases global leadership in outcome-based financing at UN Conference in Spain

Business BureauBusiness

At the Fourth International Conference on Financing for Development (FfD4) held in Seville, Spain, Shri Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development and Entrepreneurship, spotlighted India’s strides in institutionalizing outcome-based financing (OBF). Participating in a high-level panel co-hosted by OECD and the Outcomes Finance Alliance, Chaudhary highlighted India’s success stories like the Skill Impact Bond and Project AMBER, showcasing how public, private, and philanthropic capital can converge for scalable social impact. The Indian delegation, led by Union Finance Minister Smt. Nirmala Sitharaman, reinforced India’s commitment to linking financing with measurable development outcomes in skilling, women’s empowerment, and…

05 Jul

Toyota Innova HyCross’s 5-star Bharat NCAP rating signals shift toward safer mobility

Business BureauBusiness

Toyota Kirloskar Motor’s InnovaHyCross has earned a 5-star safety rating under the Bharat New Car Assessment Programme (Bharat NCAP), a move expected to reshape consumer preferences and strengthen Toyota’s position in India’s evolving auto landscape. The recognition, received in New Delhi from Union Minister Nitin Gadkari, underscores the rising emphasis on structural safety, advanced features, and sustainable design in India’s passenger vehicle segment. Built on the Toyota New Global Architecture (TNGA) platform, the HyCross is equipped with Toyota Safety Sense (TSS), six airbags, Vehicle Stability Control, ISOFIX child seat mounts, and hybrid powertrain technology. The MPV has already surpassed 1.35…

05 Jul

Godrej Chemicals to invest over Rs 750 cr in major capacity expansion drive

Business BureauBusiness

Godrej Industries Limited’s Chemicals Business has unveiled an ambitious investment plan of over ₹750 crore aimed at scaling up its production capabilities and advancing sustainability goals. The expansion supports the company's roadmap to become a USD 1 billion global player by 2030. Key developments include doubling capacities of Fatty Alcohol and Euric Acid by 35,000 and 20,000 tons per annum respectively, tripling its specialities and fermentation capacities, and doubling glycerine production. Primary Surfactants production will also be enhanced by 30,000 tons per annum. Additionally, the company is pushing for 75% renewable energy usage by strengthening its hybrid power infrastructure. Vishal…

05 Jul

Crude oil futures downgrade amid weak demand

editorBusiness, News

New Delhi, Crude oil futures on Friday fell by Rs 20 to Rs 5,704 per barrel as participants offloaded their positions due to weak demand in the spot market. Crude oil contracts for July delivery on the Multi Commodity Exchange fell by Rs 20, or 0.35 percent, to Rs 5,704 per barrel in a business turnover of 11,943 lots. Analysts said prices were impacted as participants offloaded their positions amid weak demand in the spot market. Globally, West Texas Intermediate crude was trading 0.36 percent lower at $66.76 per barrel, while Brent crude was down 0.47 percent at $68.48 per…

04 Jul

Rupee upgrade 31 paise to 85.31 against US dollar

editorBusiness, News

New Delhi, The rupee on Thursday recovered from early losses to close 31 paise higher at 85.31 (provisional) following a weakening of the dollar against major currencies overseas and a fall in US Treasury yields. Forex traders said the dollar declined due to weaker-than-expected ADP non-farm employment data from the US. They said a fall in global crude oil prices also supported the local currency. The domestic currency opened at 85.69 against the US currency at the interbank foreign exchange market and touched an intra-day high of 85.19 and a low of 85.70 during the session. The local currency finally…

04 Jul

Medanta launches ‘Honouring the Oath’ film on National Doctor’s Day, reinforces commitment to ethical healthcare

Business BureauBusiness

The Medicity, India’s leading super-speciality hospital and ranked Best Private Hospital by Newsweek for six consecutive years, today announced the release of its new brand film ‘Honouring the Oath’ to mark National Doctor’s Day 2025. The film is a tribute to doctors who live their medical oath every day with compassion, integrity, and responsibility. Drawing inspiration from Bharat Ratna Dr. B.C. Roy, the film brings the Indian Medical Council’s Code of Ethics to life through compelling visuals that reflect non-discriminatory care, patient dignity, and confidentiality. The initiative highlights Medanta’s core philosophy—where medicine is not just a profession but a lifelong…

04 Jul

Škoda Auto India achieves highest-ever half-yearly sales, climbs to top 7 in Indian auto market

Business BureauBusiness

Škoda Auto India announces a historic milestone with its highest-ever half-yearly sales of 36,194 units in the January–June 2025 period, registering an impressive 134% growth over H1 2024. This achievement coincides with the brand’s 25th anniversary in India and 130th globally, reflecting the strong demand and customer trust in Škoda’s evolving product portfolio. With this record performance, Škoda Auto India has ascended to the top seven automotive brands in the country, up from 11th place last year. Key contributors to this growth include the launch of the Kylaq, the brand’s first sub-4m SUV, and the new-generation Kodiaq luxury SUV, complemented…

04 Jul

On World Skin Health Day, nourish your skin with healthy California almonds

Business BureauBusiness

This year, on World Skin Health Day, the theme “No Health Without Skin Health” emphasizes the role of skin in overall wellness. Skin health now goes far beyond external skincare routines—it begins from within, with daily dietary choices. Including skin-friendly foods like California almonds, rich in vitamin E and healthy fats, support skin health and help you look and feel your best. California almonds are a powerhouse of 15 essential nutrients, many of which help with improved skin texture and tone. In addition to modern nutritional science, traditional systems such as Ayurveda, Siddha, and Unani have long recognized almonds for…

03 Jul

HOPECON’25 concludes in Kolkata, sets new benchmark for multidisciplinary healthcare collaboration

Business BureauBusiness

The fourth edition of HOPECON – the National Comprehensive Multidisciplinary Medi-Edu-Care Conference – wrapped up in Kolkata with record-breaking participation, marking a major milestone in India's healthcare dialogue. Organized by the Kolkata Nurture Foundation (KNF) under the leadership of Dr. Payodhi Dhar, the event brought together over 1,000 eminent medical professionals and more than 6,500 delegates from across India. Held at ITC Royal Bengal, the three-day conference saw six parallel academic halls, live workshops, and wide-ranging sessions spanning 38 medical specialties. From cardiology to digital health, and psychiatry to climate change, HOPECON’25 served as a convergence point for critical issues…

03 Jul

Mansion house brandy retains no. 1 spot in India, ranks 2nd globally in 2024

Business BureauBusiness

Tilaknagar Industries Ltd. (TI), one of India's leading IMFL manufacturers, has announced that its flagship product, Mansion House Brandy, has once again emerged as the top-selling brandy in India and the second highest-selling globally by volume in 2024. The recognition comes from the prestigious ‘The Millionaires’ Club’ report by Drinks International, released in June 2025. With a remarkable sale of 7.8 million cases, Mansion House now ranks 29th among the world’s top alcohol brands. Meanwhile, TI’s Courrier Napoleon Brandy posted a stellar 25% year-on-year growth with 2.0 million cases sold, earning it the title of the world’s third fastest-growing brandy…