Business - The Purbottar

31 Mar

Centre, UP boost skill development; ₹60,000 cr ITI upgrade plan in focus

Business BureauBusiness

The Central and Uttar Pradesh governments have reinforced their collaboration in skill development, with a special focus on the ₹60,000 crore National ITI Upgradation Scheme. The initiative aims to modernize 1,000 Industrial Training Institutes (ITIs) across India, enhancing employability and meeting industry demands. Shri Jayant Chaudhary, Union Minister of Skill Development & Entrepreneurship (I/C), met with Shri Kapil Dev Agrawal, Uttar Pradesh’s Skill Development Minister, at Kaushal Bhawan, New Delhi, to discuss the seamless execution of key programs like PMKVY, PM Vishwakarma, and the National Apprenticeship Promotion Scheme (NAPS). Officials highlighted that Uttar Pradesh has trained over 24.73 lakh individuals…

29 Mar

Nissan to expand India line-up with new 7-seater B-MPV and 5-seater C-SUV

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Nissan Motor India has unveiled its plans to launch two new vehicles in India, further strengthening its presence in the country’s competitive automobile market. The announcement, made during Nissan’s Global Product Showcase Event in Yokohama, Japan, includes an all-new 7-seater B-MPV and a bold 5-seater C-SUV, set for release in FY25 and early FY26, respectively. The new 7-seater B-MPV will complement Nissan’s expanding portfolio, which already features the Nissan Magnite, the Nissan X-TRAIL, and the upcoming 7-seater C-SUV and affordable EV. Designed with muscular SUV attributes and a C-shaped grille, the B-MPV aims to meet the rising aspirations of Indian…

29 Mar

NIESBUD hosts workshop on digital market expansion and entrepreneurial growth

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The National Institute for Entrepreneurship and Small Business Development (NIESBUD) organized the second Capacity Building Workshop, focusing on financial inclusion, market access, and digital competence for entrepreneurs. The two-day event, held in New Delhi, saw participation from over 100 entrepreneurs from Odisha, Bihar, Jharkhand, and Chhattisgarh, primarily trained under the SANKALP program. Ms. Hena Usman, Joint Secretary, MSDE, highlighted the government's commitment to strengthening the entrepreneurial ecosystem, emphasizing digital linkages and marketing connections as crucial growth drivers. Panel discussions featured experts from IIM Lucknow, IIIT Delhi, and SIDBI, who explored key challenges and policy interventions. The workshop also provided hands-on…

29 Mar

Levi’s® and Diljit Dosanjh showcase comfortable and loose fits with the ‘Easy in Levi’s®’ campaign

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The Levi’s® brand has continued to push the boundaries of style and culture with its latest campaign, ‘Easy in Levi’s®’ Featuring Global Brand Ambassador, music icon and fashion trailblazer, Diljit Dosanjh, the campaign brings relaxed and loose fits to the forefront, redefining effortless style with confidence and ease. This association isn’t just about style—it’s a cultural moment. Few stars today shape trends like Diljit Dosanjh. From sold-out world tours to turning heads in film and fashion, his influence transcends borders. Denim trends are evolving, and relaxed & loose silhouettes are taking centre stage. The ‘Easy in Levi’s®’ campaign introduces a…

29 Mar

81% of Indians underestimate life cover needs, reveals Bajaj Allianz Life Underinsurance Survey 2025

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A recent survey by Bajaj Allianz Life Insurance, titled 'Underinsurance Survey 2025', has revealed that a staggering 81% of Indians believe a life insurance coverage of less than 10 times their annual income is sufficient for their financial security. However, the actual coverage held by individuals is significantly lower, averaging just 3.1 times their annual income—well below the recommended 10x benchmark. The study, conducted in collaboration with NielsenIQ, surveyed 2,000 individuals across various Indian cities, uncovering a concerning gap in financial preparedness. Despite this shortfall, 82% of respondents remain confident that their current life insurance will be enough to secure…

29 Mar

Bandhan Mutual Fund launches ‘#Salary Wala Plan’ to reimagine systematic withdrawal plan

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Bandhan Mutual Fund has redefined the concept of a Systematic Withdrawal Plan (SWP) through its new IAP campaign, dubbed ‘#Salary Wala Plan.’ The campaign seeks to present SWP as a structured, salary-like income stream that allows investors to receive regular cash flows from their mutual fund investments, while the remaining corpus continues to stay invested for potential growth. Vishal Kapoor, CEO of Bandhan AMC, emphasized the importance of SWPs, saying, “While SIPs are widely accepted for disciplined investing, SWPs remain underutilized as a tool for financial independence. Through this campaign, we aim to show how SWP offers a steady income…

29 Mar

Uterine Fibroids affect 40% of Indian women, experts urge awareness on non-surgical treatment

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While cervical cancer remains a major health concern for Indian women, uterine fibroids, a more common yet often ignored condition, affect nearly 40% of women across the country. Despite causing heavy menstrual bleeding, pain, and discomfort, fibroids are frequently misdiagnosed or dismissed as routine menstrual issues, delaying timely treatment. Dr. Dibyamohan Hazarika, Senior Consultant in Interventional Radiology at Nemcare Hospital, Guwahati, highlighted the need for greater awareness, stating, “Many women in Assam and across India silently endure the discomfort of uterine fibroids, unaware of non-surgical treatment options like Uterine Fibroid Embolization (UFE). This procedure offers a safe and effective alternative…

29 Mar

Mandi prices of pulses and oilseeds downfall below MSP

editorBusiness, News

Mandi prices of pulses and oilseeds fell below MSP, forcing the government to increase procurement. Prices of tur, chana and mustard declined due to favourable crop prospects and imports.Mandi prices of most varieties of pulses and oilseeds are trading below the respective minimum support price (MSP), forcing the government to increase procurement of these commodities at the respective minimum support price (MSP).According to trade sources, market prices have declined due to encouraging crop prospects and liberal imports.Mandi prices of tur in Latur (Maharashtra) on Friday were in the range of Rs 6800 per quintal to Rs 7400 per quintal as…

28 Mar

UltraTech Cement shares surge as it launches multiple brownfield expansions

editorBusiness, News

UltraTech Cement shares rose marginally to Rs 11,639 per share on March 27. The company announced the successful launch of multiple brownfield expansions across India, further adding to its production capacity. In the past month, the stock of this cement giant has jumped 14 percent, significantly outperforming the benchmark Nifty 50 index, which registered a gain of 6 percent during the same period. UltraTech Cement has started operations at its Maihar facility in Madhya Pradesh with one of the two planned cement mills (2.7 MTPA) having a clinker capacity of 3.35 million tonnes per annum (MTPA). The second grinding mill…

28 Mar

NSDC, IIT Mandi & NCU Gurugram collaborate to launch B.Tech in Semiconductor Design

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In a significant move to strengthen India’s semiconductor industry, the National Skill Development Corporation (NSDC), IIT Mandi, and The NorthCap University (NCU), Gurugram, have signed a Memorandum of Understanding (MoU) to introduce a B.Tech. ECE in Semiconductor Design and Technology. The agreement was formalized at KaushalBhawan, New Delhi. The four-year, eight-semester program aims to equip students with industry-relevant knowledge and hands-on training in advanced semiconductor engineering, covering subjects such as nanotechnology, semiconductor fabrication, and semiconductor equipment design. IIT Mandi will provide faculty expertise and conduct immersive lab-based training, while NCU will confer the degree, integrating 25 credits in application-oriented learning.…