News - The Purbottar

04 Aug

Federal Bank’s net profit decrease 15% in the first quarter: NPAs rise, severe shortfall

editorBusiness, News

Mumbai, Federal Bank's net profit fell 15 percent to Rs 862 crore in the June quarter, as the core income was affected by the reduction in poverty and the rise in unemployment due to the rise in unemployment. The bank management said that the increase in loan growth and net interest rate in the second quarter of the financial year should also be emphasized. They attributed the industry-non-partners to the portfolio of microfinance in the performing societies. In the quarter under review, its core net interest income grew only 2 percent to Rs 2,337 crore. Other income rose 22 percent…

02 Aug

Suzlon Energy shares upgrade over 6% after new order

editorBusiness, News

Suzlon Energy shares jumped over 6% on Friday afternoon after it received a new order of 381 MW from Zelestra India and its affiliates. The shares were trading 6.3% higher at ₹65 per share on the NSE. Suzlon Group has received an order of 381 MW from Zelestra India and its affiliates. The 381 MW project, which comprises 127 of Suzlon's S144 turbines, will be spread across Maharashtra (180 MW), Madhya Pradesh (180 MW) and Tamil Nadu (21 MW). The project is a part of SJVN's FDRE bid in Maharashtra and Madhya Pradesh, while the Tamil Nadu portion will serve…

02 Aug

After 6+ Years, Red Panda Cubs Born In Sikkim Zoo

Purbalee DuttaNews, Sikkim

The birth of two red panda cubs at the Himalayan Zoological Park near Gangtok, Sikkim, has revitalized its red panda conservation efforts after a seven-year gap. Born on June 15 to parents Lucky-II and Mirak, the cubs mark the first litter for the pair. Park authorities officially announced the news on August 1, calling it a major achievement for the Red Panda Conservation Programme, which began in 1997. Director Sangay Gyatso explained that the programme had faced setbacks over the past seven years, including two outbreaks of canine distemper—a deadly viral disease affecting carnivores—that significantly reduced the captive red panda…

01 Aug

Aluminium futures prices upgrade on speculative trading

editorBusiness, News

New Delhi, Aluminium prices rose by 15 paise to Rs 250.60 per kg in futures trade on Friday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 15 paise, or 0.06 percent, to Rs 250.60 per kg in a business turnover of 4,461 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

01 Aug

Raj Bhavan Holds ‘Utkarsh Utsav’

Purbalee DuttaNews, Sikkim

Raj Bhavan Sikkim hosted a special event, ‘Utkarsh Utsav,’ on Thursday to mark the completion of one year of Om Prakash Mathur's tenure as the 18th Governor of Sikkim. The celebration saw the presence of Chief Minister Prem Singh Tamang, Chief Justice Biswanath Somadder, Speaker M.N. Sherpa, and other dignitaries. A key moment was the release of the book Jaise Mene Janna, featuring the Governor’s speeches over the year. Reflecting on his journey, Governor Mathur spoke about his travels across the state, including visits to border villages under the Vibrant Villages Programme. He praised Sikkim’s people for their unity, sustainability…

31 Jul

Shares of DMart promoter Avenue Supermarts rose over 8% after opening new store in Punjab

editorBusiness, News

Shares of Avenue Supermarts Ltd, the parent company of DMart, rose 8.13% to hit an all-time high of ₹4,324.00 per share on the National Stock Exchange (NSE) on Wednesday, July 30. This sharp rise in the company's share price comes a day after it announced the opening of a new store in Pathankot, Punjab on Tuesday. Earlier this month, the company opened another store in Tathawade, Pune. With the opening of the new DMart, the total number of stores of the company has gone up to 426, as against 424 as on June 30, 2025. The company had opened nine…

31 Jul

Sikkim To Be Developed As Model State In Cancer Prevention

Purbalee DuttaNews, Sikkim

Cancer cases in Sikkim are rising at a concerning pace, prompting strong action from the state government. Under the leadership of Chief Minister Prem Singh Tamang-Golay, the Health and Family Welfare Department and the Department of Science and Technology have been working together to address the issue. A detailed analysis of decade-long cancer data revealed distinct trends in cancer types, ethnicity, and geographic patterns. This data was shared with the Department of Health Research and Department of Biotechnology, Government of India, along with a request for targeted interventions. In response, an expert consultation on cancer prevention and control in Sikkim…

30 Jul

KEC International shares upgrade, company receives order worth ₹1,509 crore

editorBusiness, News

Shares of global engineering, procurement and construction (EPC) services company KEC International rose nearly 1% on Wednesday, July 30, after it received a new order. The Mumbai-based company said in a filing to the exchange that it has received orders across various businesses including transmission and distribution (T&D), cables and conductors, and transportation. As of 12:30 pm, the company's shares were trading 0.7% higher at ₹866.30 per share on the NSE. However, the stock has declined nearly 5% in the last month so far and has also seen a decline of about 28% so far this year. The Mumbai-based company…

30 Jul

Landslides Disrupt Key Routes To Sikkim & Kalimpong

Purbalee DuttaNews, Sikkim

NH-10, the vital highway connecting Sikkim and Kalimpong to the plains, was shut down on Tuesday morning after the Teesta River overflowed onto the road following heavy overnight rainfall in North Sikkim. A similar situation affected the route to Darjeeling. The river’s water level began to recede around noon, allowing the highway to reopen, but a massive traffic jam ensued, with vehicles stuck for hours. Locals reported flooding in areas like Rabi Jhora, 29th Mile, and near the Teesta Bridge at Teesta Bazar, cutting off access between Kalimpong, Sikkim, and Darjeeling. Authorities had issued alerts in Melli, Teesta Bazar, and…

29 Jul

Coriander futures prices jump on higher demand

editorBusiness, News

New Delhi: Coriander prices rose by Rs 44 to Rs 7,776 per quintal in futures trade on Tuesday as speculators raised their bets in anticipation of a firm trend in the spot market. On the NCDEX, coriander contracts for August delivery rose by Rs 44, or 0.57 percent, to Rs 7,776 per quintal in a business turnover of 13,330 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and restricted supplies from producing regions.