Business - The Purbottar

12 Sep

Retail inflation upsurge to 2.07% in August; food prices remain in deflationary territory

editorBusiness, News

Core retail inflation rose marginally to 2.07% in August 2025 from 1.61% in July, well within the Reserve Bank of India's target range, according to official data released on Friday. The RBI has been directed not to allow inflation to rise beyond its tolerance range of 2%-6% for more than three consecutive quarters. Consumer Price Index (CPI) inflation in August rose 46 basis points year-on-year over the previous month, driven mainly by increased prices of vegetables, meat and fish, edible oils, eggs and personal care items. The National Statistical Office said, "The increase in core inflation and food inflation during…

12 Sep

Groww Mutual Fund launches Multi Asset Allocation Fund with SHAASTRA platform

Business BureauBusiness

Groww Mutual Fund has announced the launch of its Groww Multi Asset Allocation Fund, an open-ended scheme designed to invest across equity, debt, gold, and silver. The New Fund Offer (NFO) will remain open from September 10 to September 24, 2025. The fund aims to offer investors a diversified portfolio framework to potentially reduce volatility and adapt to shifting market conditions. At the heart of the fund is SHAASTRA (Strategic Holistic Asset Allocation and Systematic Technical Risk Assessment), Groww’s in-house platform that integrates macroeconomic data, technical signals, and market trends. This system supports fund managers in taking timely allocation decisions,…

12 Sep

Punjab Kings launches urgent flood relief campaign in collaboration with Ketto and Global Sikh Charity

Business BureauBusiness

In response to the recent devastating floods in Punjab, Punjab Kings has partnered with Ketto.org and Global Sikh Charity to launch an urgent relief fundraiser aimed at helping affected families across the state. The floods have left thousands deprived of food, shelter, and medical care, prompting an immediate call for assistance. The campaign seeks to provide essential items, medical support, temporary housing, and resources to help rebuild communities. Speaking about the initiative, Varun Sheth, CEO and Co-Founder of Ketto, said, “More than just raising money, this initiative with Punjab Kings and Global Sikh Charity aims to rebuild lives, restore dignity,…

12 Sep

Birla Tyres named official tyre partner of DP World Asia Cup 2025

Business BureauBusiness

Birla Tyres has officially been announced as the Official Tyre Partner of the upcoming DP World Asia Cup 2025, marking a significant milestone for the brand. The collaboration highlights Birla Tyres’ commitment to performance, reliability, and endurance – qualities that mirror the spirit of cricket and resonate with millions of customers worldwide. Commenting on the partnership, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd, said, “Becoming the Official Tyre Partner of the DP World Asia Cup 2025 is a proud moment for all of us at Birla Tyres. Cricket is more than a sport; it is an…

12 Sep

FundsIndia crosses Rs 20,000 crore AUM, sets sights on becoming India’s go-to wealth platform

Business BureauBusiness

Digital wealth management platform FundsIndia has achieved a major milestone, crossing ₹20,000 crore in Assets Under Management (AUM). The achievement highlights the company’s growing influence in India’s fintech sector, where it caters to retail investors, partner networks, and private wealth clients. FundsIndia’s strategy combines technology-driven convenience with personalized investment guidance, supported by research and investor trust. The platform has positioned itself as a full-service wealth management solution, aiming to be the preferred choice for individuals seeking digital and phygital investment options. Group CEO Akshay Sapru hailed the milestone as a reaffirmation of the company’s vision. “The trust of our customers,…

11 Sep

Adani Power receives LoA from MPPMCL for total 1,600 MW capacity, shares upgrade nearly 3%

editorBusiness, News

Shares of Adani Power rose nearly 2.9% to hit a high of ₹653 per share on the National Stock Exchange (NSE). The stock opened at ₹638.50, up from its previous close of ₹634.45. The surge in stock price came after the company informed the exchange that it has received an additional Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for supply of 800 MW power from its upcoming ultra-supercritical thermal project at Anuppur in Madhya Pradesh. The plant will be developed on a Design, Build, Finance, Own and Operate (DBFOO) basis, with fuel to be supplied through…

11 Sep

Jaishankar urges open, non-discriminatory global trade at BRICS emergency meet

Business BureauBusiness

External Affairs Minister Dr. S. Jaishankar on Monday underscored the need for an open and non-discriminatory global trade system while representing India at a virtual emergency BRICS meeting. The session, attended by leaders including China’s Xi Jinping, Russia’s Vladimir Putin, and Brazil’s Lula da Silva, focused on addressing pressing international trade challenges. Highlighting the growing fragility of the multilateral system, Dr. Jaishankar emphasized that sustainable trade requires constructive and cooperative approaches. Without naming any country directly, he cautioned against linking trade measures to non-trade matters and stressed that nations must enhance economic cooperation, strengthen supply chains, and promote regional self-sufficiency.…

11 Sep

Oriflame expands optimals line with new Hydra Radiance range in India

Business BureauBusiness

Swedish holistic beauty and wellbeing brand Oriflame has launched its new Optimals Hydra Radiance Range in India, adding to its popular Optimals skincare line. The collection is designed to simplify routines while ensuring hydration, barrier strengthening, and microbiome balance for all skin types. Dermatologically tested, the Hydra Radiance products aim to deliver results with minimal effort, in line with the growing trend of “skinimalism.” Oriflame says the range combines science and sustainability, offering solutions for young professionals, parents, and consumers seeking healthier, glowing skin. “The new Optimals Hydra Radiance range offers routines that are easy to follow yet deliver meaningful…

11 Sep

Targeted Therapy and Immunotherapy: New Tools for Clinicians’ War against Head and Neck Cancer

Business BureauBusiness

DR. KUNJAHARI MEDHI, SENIOR DIRECTOR, CANCER CARE, MEDANTA – THE MEDICITY The International Agency for Research on Cancer (IARC) estimates that 20% of the global population will develop cancer during their lifetime. Head and Neck Cancers are a significant burden on India, accounting for around 30% of all cancer incidents recorded in the country, and in the North Eastern states, the incidence rate is as high as 54.48%, likely due to the widespread habit of chewing tobacco. The settled practice for treating patients suffering from Head and Neck Cancer is to carry out surgery, followed by radiation therapy and chemotherapy.…

11 Sep

Education and skilling leaders chart roadmap for Aatmanirbhar Bharat

Business BureauBusiness

In a high-level deliberation today at Kaushal Bhawan, New Delhi, leaders from the Ministry of Education (MoE) and Ministry of Skill Development & Entrepreneurship (MSDE) outlined strategies to advance India’s vision of an Aatmanirbhar Bharat. The session, themed “Swadeshi Se Samriddhaaur Viksit Bharat – Strategies in Education and Skilling,” was chaired by Union Education Minister Dharmendra Pradhan, in the presence of Ministers of State Jayant Chaudhary and Dr. Sukanta Majumdar. Officials from school and higher education departments, MSDE, and heads of autonomous institutions discussed integrating education and skilling as twin pillars of Mission Swadeshi. The deliberations emphasized nurturing self-reliance from…