Business - The Purbottar

25 Oct

Brahmaputra Valley Film Festival’s 9th Edition: Fostering Economic Prosperity Through Cinema

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Brahmaputra Valley Film Festival (BVFF) has announced the highly anticipated 9th edition which is scheduled to take place from December 5th to December 8th, 2024, at Jyoti Chitraban Film Studio in Kahilipara, Guwahati. This year, the festival is set to captivate audiences with a vibrant selection of films, showcasing powerful stories from the Northeast region and beyond. With more than 220 film entries submitted this year, the festival will present a vibrant selection of films across both competitive and non-competitive sections, featuring categories such as feature films, documentaries, and short films. The non-competitive category will also highlight a diverse range…

25 Oct

Crude oil futures increase on spot demand – PTI

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New Delhi, Oct 24 (PTI) Crude oil prices on Thursday rose by Rs 68 to Rs 6,044 per barrel in futures trade as participants widened their bets following strong spot demand.On the Multi Commodity Exchange, crude oil for November delivery expansion by Rs 68, or 1.14 per cent, to Rs 6,044 per barrel in a business turnover of 13,571 lots.Analysts said crude oil prices rose in futures trade as participants increased their deals.Globally, West Texas Intermediate crude price in New York was trading at $71.79 per barrel, down 1.44 per cent, while Brent crude price was at $75.92 per barrel,…

24 Oct

NMDC shares expansion 5% after second hike in price of lump ore and fines in October

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Shares of public sector company NMDC or National Mineral Development Corporation witnessed a surge on October 23 after the company announced a hike in the price of its lump ore and fines, which was the second price hike by the company in October.NMDC has raised the price of lump ore by Rs 600 to Rs 6,350 per tonne, while that of fines by Rs 400 to Rs 5,410 per tonne, the company said in a regulatory filing on October 22.These latest hikes have pushed NMDC's lump ore and fines prices to their highest since May. Interestingly, NMDC's price adjustments come…

24 Oct

Airtel Payments Bank expands financial inclusion in West Bengal and Northeast

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Airtel Payments Bank is reshaping the financial landscape in West Bengal and the Northeastern states by enhancing banking accessibility for underserved communities. With the establishment of more than 80,000 neighborhood banking points, the Bank is committed to fostering financial inclusion in these regions. Over 22,000 of these banking points are established in villages which previously had no or distant access to banking services. All banking points are staffed by local residents, who receive specialized training to deliver comprehensive banking services, with over 9,000 points managed by women business correspondents, highlighting the Bank’s commitment to promoting gender equality. With banking points…

24 Oct

Kolkata couples embrace festive equality, celebrating together with enthusiasm

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Kolkata couples are transforming the festive season by redefining traditional roles and emphasizing shared responsibilities. According to a recent survey by Bumble, 93% of Kolkata residents believe it is essential for both partners to contribute equally to festive season planning. The survey reveals a shift towards equality, with 38% preferring to split tasks and 48% opting to celebrate local traditions, such as visiting Durga Puja pandals and enjoying Kolkata’s iconic street food. This growing trend reflects a cultural shift where love and festive responsibilities are shared, fostering stronger relationships. Bumble's Senior Marketing Manager, Pracheta Mazumdar, expressed delight, noting that 50%…

24 Oct

Tata Motors rolls out ‘Customer Care Mahotsav’ nationwide, offers tailored support to commercial vehicle owners

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Tata Motors, India's largest commercial vehicle manufacturer, has launched the 2024 edition of its 'Customer Care Mahotsav,' a nationwide initiative aimed at enhancing customer engagement and after-sales services. The program, running from October 23 to December 24, will be hosted at over 2,500 authorized service outlets across India, offering a range of benefits including vehicle check-ups, driver training, and value-added services under the Sampoorna Seva 2.0 initiative. Fleet owners and drivers can take advantage of thorough vehicle inspections, tailored training on safe driving practices, and various other support services to improve operational efficiency. Executive Director of Tata Motors, Mr. Girish…

24 Oct

Half of East India losing sleep due to mosquito bites and buzzing sound, reveals Goodknight survey

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A recent survey by Goodknight, a leading insecticide brand under Godrej Consumer Products Ltd, has revealed that 55% of Indians attribute their disturbed sleep to mosquito bites and the incessant buzzing sound of these pests. The survey, titled ‘One Mosquito, Countless Threats,’ was conducted by market research firm YouGov, highlighting the significant impact of mosquitoes on sleep quality nationwide. The findings indicate that children are particularly affected, with 49% experiencing sleep disruptions due to mosquito activity. Regionally, West India reported the highest concern, with 61% of adults citing mosquito disturbances. In contrast, 50% of respondents from East India—including Assam, West…

24 Oct

ITC Sunfeast Mom’s Magic launches ‘Will of Change’ initiative to address gender inequality in inheritance

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A recent survey by ITC’s Sunfeast Mom’s Magic has revealed that only 7% of daughters in India receive equal inheritance through a will, highlighting a significant gender disparity in inheritance rights. The survey underscores the prevailing belief that "betiyan paraya dhan hoti hain" (daughters are someone else’s responsibility), which continues to influence families across the nation. Ali Harris Shere, Chief Operating Officer of ITC’s Biscuits & Cakes Cluster, emphasized the campaign's goal to empower mothers as catalysts for change. “Mothers, who have often faced unfair treatment themselves, can now inspire a shift in their families towards equal inheritance rights for…

24 Oct

Tata Salt reaffirms commitment to combat iodine deficiency on World Iodine Deficiency Day

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On the occasion of World Iodine Deficiency Day (WIDD), Tata Salt has reiterated its dedication to combating iodine deficiency disorders (IDD) affecting children across India. As the first national brand to offer iodized salt, Tata Salt has been instrumental in raising awareness about iodine, an essential micronutrient vital for mental and physical development during childhood. Since 1983, Tata Salt has provided millions of households with consistent quality iodized salt, supporting overall well-being. Despite the 2018-19 India Iodine Survey revealing that only 55% of the population recognizes the benefits of iodized salt, Tata Salt is committed to enhancing awareness around iodine’s…

23 Oct

Onion prices inflation ahead of Diwali due to heavy rains and supply problems

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The price of onion in retail markets is currently between Rs 60-80 per kg and is expected to remain high till Diwali. The surge in onion prices is mainly due to heavy rains in major onion producing states like Maharashtra, Karnataka, Telangana and Andhra Pradesh, which have damaged crops and disrupted supplies.As a result, prices of onions, tomatoes and edible oils contributed to September inflation reaching a nine-month high, and food inflation is expected to remain elevated in October, according to a report by The Economic Times.Onion prices at Lasalgaon wholesale market in Nashik have been fluctuating between Rs 45-50…