Business - The Purbottar

02 Jun

ED launches searches against Anil Agarwal-led Vedanta Group over alleged FEMA violations

nanika EditorBusiness

In a major development from the corporate world, the Enforcement Directorate has launched a series of searches against the mining conglomerate, Vedanta Group. According to official sources, the federal agency initiated these searches on Monday as part of an ongoing investigation under the Foreign Exchange Management Act, or FEMA. The probe targets the operations of the multi-billion-dollar enterprise promoted by businessman Anil Agarwal. While specific details regarding the exact nature of the alleged financial irregularities have not yet been disclosed by the authorities, sources confirm that the federal agency is currently scrutinizing several cross-border financial transactions and foreign exchange dealings…

02 Jun

Nissan posts 118% domestic sales growth in May, marks third straight month of gains

Business BureauBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) reported a strong performance in May 2026, registering a 118 per cent year-on-year increase in domestic wholesales as the company continued its growth momentum in the Indian market. The company said domestic wholesales stood at 2,948 units during the month, while exports reached 5,023 units. Total wholesales for May were recorded at 7,971 units. The latest figures mark Nissan India's third consecutive month of year-on-year domestic sales growth. Commenting on the performance, Saurabh Vatsa, Managing Director of Nissan Motor India, said the sustained growth reflects increasing customer trust in the brand. He attributed the…

02 Jun

Gen Z travellers ditch annual holidays for spontaneous getaways, says Airbnb report

Business BureauBusiness

India's Gen Z travellers are redefining the country's travel landscape, moving away from traditional annual vacations in favour of shorter, more frequent and highly personalised trips, according to a new report released by [Airbnb]. The report, titled *Never the Same: The New Rules of Gen Z Travel in India*, found that seven in 10 Gen Z travellers prefer taking three short trips instead of one long annual holiday, while 87 per cent favour trips lasting less than a week. The study, conducted by YouGov among 2,012 respondents aged 18-29 across 11 Indian cities, highlights a growing preference for spontaneous travel,…

02 Jun

Mother’s Recipe launches new pickle campaign with refreshed identity

Business BureauBusiness

Mother’s Recipe has launched a new national campaign for its iconic pickle range while unveiling a refreshed identity for the portfolio, marking the first major visual transformation since the range was introduced. The campaign centres on the idea that while pickle-making traditions vary across regions and households, the love and care of mothers remain a common thread. The film showcases the journey of pickle-making across different Indian homes, highlighting regional methods and traditions before bringing the product to the family dining table. Through authentic visuals of selecting raw mangoes, slicing, drying, spicing and preserving, the campaign celebrates India’s rich pickle…

02 Jun

Tata Motors posts 17% growth in May commercial vehicle sales

Business BureauBusiness

Tata Motors reported a 17 per cent year-on-year increase in commercial vehicle sales in May 2026, with total domestic and international sales rising to 32,850 units compared to 28,147 units in the same month last year. According to the company, domestic sales stood at 30,784 units in May 2026, registering a robust 19 per cent growth from 25,872 units in May 2025. However, international business sales declined by 9 per cent to 2,066 units from 2,275 units a year ago. Among vehicle segments, small commercial vehicle (SCV) cargo and pickup sales recorded the highest growth at 30 per cent, increasing…

01 Jun

Rethinking Salt: What World Salt Awareness Week 2026 Means for Indian Households

Business BureauBusiness

World Salt Awareness Week 2026 has brought renewed attention to the health and nutritional implications of salt consumption, highlighting the need for consumers to balance lower sodium intake with adequate iodine consumption. Global estimates indicate that average salt intake stands at around 10.8 grams per day, more than double the World Health Organization’s recommended limit of less than 5 grams daily. Health experts note that a significant portion of sodium intake comes from processed and packaged foods such as bread, cereals, sauces and snacks, where salt content often goes unnoticed. Excessive salt consumption has been linked to high blood pressure…

01 Jun

India’s GST Revenue Growth Slows; May Collections Dip to ₹1.94 Lakh Crore

anuprova EditorBusiness

India’s gross Goods and Services Tax (GST) collections stood at ₹1.94 lakh crore in May, marking a decline from the record-high collections reported in April. The latest figures indicate a year-on-year growth of 3.2 percent, reflecting a moderation in revenue expansion compared to previous months. The slowdown comes after April witnessed exceptionally strong GST collections, driven by year-end business transactions, tax settlements, and robust economic activity. While May’s revenue remains among the higher monthly GST collections recorded so far, the lower growth rate suggests a cooling in consumption and business momentum. Government data showed that revenues from domestic transactions and…

01 Jun

Organic India highlights herbal digestive wellness solutions on World Digestive Health Day

Business BureauBusiness

Organic India has marked World Digestive Health Day by highlighting its range of certified organic herbal products designed to support digestive wellness and overall gut health. The company said its products are sourced directly from more than 2,000 organic farmers and undergo over 600 quality checks. According to Organic India, all herbs are grown in chemical- and pesticide-free soil and formulated using whole herbs to preserve the complete spectrum of natural plant actives and nutrients. Among the products promoted for digestive health is Triphala, available in powder and capsule forms. Made from Amalaki, Bibhitaki and Haritaki, the traditional formulation is…

01 Jun

Team India wins two silver medals at Taipei Capital Cup 2026

Business BureauBusiness

Team India delivered an impressive performance at the Taipei Capital Cup 2026, securing two silver medals and three merit awards at the international skilling competition held in Taipei, Taiwan, from May 26 to 28. Competing against skilled professionals from 15 countries across Europe, Asia, the Americas and Oceania, the Indian contingent showcased excellence across emerging and industry-driven skill categories, further strengthening India's position as a global skills hub. Among the medal winners, Ms. Muskan won a silver medal in Painting and Decorating, while Mr. Arjun Sumathi Vijayabashkar secured a silver medal in Mobile Applications Development. Merit awards were earned by…

01 Jun

ArcelorMittal Nippon Steel India secures first PM-SETU investment plan approval

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has secured the first-ever approval of a Strategic Investment Plan (SIP) under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, with the National Steering Committee clearing its proposal for the Visakhapatnam ITI Cluster in Andhra Pradesh. The approval was granted during the third meeting of the National Steering Committee convened by the Ministry of Skill Development and Entrepreneurship (MSDE) at Kaushal Bhawan in New Delhi. With the clearance, Andhra Pradesh has become the first state to operationalise an industry partnership under the PM-SETU scheme and onboard an Anchor Industry Partner.…