Blog

28 Jul

Gold futures prices increase on spot demand

Business CorrespondentBusiness, News

New Delhi, Gold prices rose by Rs 206 to Rs 98,025 per 10 grams in futures trade on Monday as speculators created fresh deals due to strong spot demand. At the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 206, or 0.21 percent, to Rs 98,025 per 10 grams in a business turnover of 5,831 lots. Analysts said fresh buying by participants led to the rise in gold prices. Globally, gold futures in New York rose 0.14 percent to $3,397.30 an ounce.

28 Jul

AM/NS India secures landmark license for steel slag roads, pioneers waste-to-wealth in infrastructure

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has become the first company in the country to secure a license from CSIR–Central Road Research Institute (CRRI) for a breakthrough technology that processes steel slag aggregates for road construction. The license, issued under the Ministry of Science & Technology, empowers AM/NS India to apply the CSIR-CRRI’s scientifically validated method at its Hazira, Gujarat plant. This strategic move aligns with the government’s ‘Waste to Wealth’ vision and supports India’s net-zero goals by promoting circular economy practices. AM/NS India’s specially designed product, ‘AM/NS Aakar’, already meets CRRI’s stringent quality standards and has been used in…

28 Jul

MakeMyTrip launches global tours booking platform to simplify overseas travel for Indians

Business BureauBusiness

MakeMyTrip, India’s leading online travel platform, has launched its new Tours and Attractions Booking Platform, giving Indian travellers access to over 200,000 experiences in 1,100 cities across 130 countries. The platform offers a wide array of bookable global activities — from cultural tours and theme parks to adventure sports and iconic landmarks. The new offering addresses a long-standing pain point for outbound Indian tourists: fragmented booking tools, foreign currency hassles, and scattered information. With INR pricing, seamless integration into the ‘MyTrips’ section, and 24/7 assistance, the platform ensures a unified travel planning experience. “This launch aligns with our vision of…

28 Jul

Tripura lighthouse housing project stopped, needs ₹49 crore more

Sonakshi SarkarTripura

Bharatiya Janata Party (BJP) Member of Parliament and former Tripura Chief Minister Biplab Kumar Deb has appealed to the Union Government for urgent financial assistance to restart the state’s ambitious lighthouse housing project, which has been stalled due to unexpected construction challenges. Speaking at a public programme in Ramnagar, West Tripura, on Sunday, Deb revealed that he recently met Union Housing and Urban Affairs Minister Manohar Lal Khattar to request the release of an additional ₹49 crore for the project’s completion. The lighthouse project, launched virtually by Prime Minister Narendra Modi in 2021, aims to build 1,000 affordable residential flats…

28 Jul

Mizoram’s green travel efforts get award

Sonakshi SarkarMizoram

Mizoram Tourism Department was honoured with the Emerging Eco & Nature Retreat Award at the 10th International Tourism Conclave & Travel Awards (ITCTA), held on July 26 at Le Meridien, New Delhi. This recognition marks a significant milestone in Mizoram’s journey as an emerging eco-tourism destination in India. The award was received on behalf of the state by Pi R. Lalrodingi, Director of Tourism, who represented Mizoram at the high-profile event. The accolade reflects Mizoram’s growing status as a sustainable and nature-centric travel destination that has been steadily attracting both domestic and international tourists. The ITCTA is one of the…

28 Jul

At AUS Namsai, the governor of Arunachal inaugurates a Tribal Girls’ Hostel

Banasree SarkarArunachal Pradesh

The 72-room Krishna Kumari Tribal Girls’ Hostel at the Arunachal University of Studies (AUS) campus in Namsai was officially opened by Arunachal Pradesh Governor Lt Gen (Retd) K T Parnaik. On March 19, 2024, the governor had previously placed the facility's foundation stone. The governor praised the university's dedication to inclusive infrastructure and stated that the hostel would offer a safe and supportive setting, assisting in removing obstacles such as cost, distance, or safety that frequently keep young tribal girls from pursuing higher education. According to an official statement released here, he referred to the hostel as "a gateway to…

28 Jul

Honda drives road safety awareness among 2,300 students in Contai schools

Business BureauBusiness

Honda Motorcycle & Scooter India (HMSI) conducted a large-scale educational campaign at Narayana School and Contai Public School in Contai, West Bengal. The initiative reached over 2,300 students and staff members, aiming to instill a sense of responsibility and safety among the region’s future road users. As two-wheeler usage surges across India, HMSI’s interactive sessions covered critical aspects like helmet usage, situational awareness, and safe driving behavior. With trained instructors leading the charge, the campaign combined theory with practical learning using simulators and danger prediction training (Kiken Yosoku Training), making road safety both engaging and impactful. The Contai market responded…

28 Jul

Nepal’s First Satellite-Linked Schools Start Digital Education in Remote Himalayas

MohiniNepal

Nepal’s Ministry of Education has rolled out its first batch of satellite-connected digital classrooms in the remote Himalayan districts of Dolpa, Humla, and Mugu, areas traditionally cut off from the national education grid. The initiative, developed in partnership with a European telecom consortium, brings solar-powered smart boards, tablets, and e-libraries to over 2,000 students. Lessons are delivered both live and on-demand. The model has been praised by education NGOs across India, Bhutan, and Bangladesh. There are now discussions about expanding similar setups to the Sundarbans delta, Meghalaya, and southern Bhutan, where infrastructure remains a challenge.

28 Jul

Bangladesh Secures Japanese Investment for High-Speed Rail Between Dhaka and Chattogram

MohiniBangladesh

Bangladesh has signed a landmark agreement with Japan to construct a high-speed bullet train line connecting Dhaka and Chattogram, cutting travel time to just under 1 hour. Funded largely through a soft loan from JICA (Japan International Cooperation Agency), the project is expected to start construction in 2026 and be operational by 2031. The 227 km corridor will be the first of its kind in South Asia. Regional transport analysts in India and Nepal are watching the project as a game-changing model for subcontinental high-speed rail infrastructure, particularly along trade-heavy corridors.

26 Jul

SBI Cards Q1 results: Net profit decrease 6%, revenue rises 12%; asset quality stable

Business CorrespondentBusiness, News

SBI Cards on Friday, July 25, reported a net profit of ₹556 crore for the current financial year (Q1 FY26), down 6.4% from ₹594 crore in the same period last year. SBI Cards' total income from operations rose 12% to ₹4,877 crore as against ₹3,683 crore in the same period a year ago. The company's interest income grew 11% year-on-year to ₹2,493 crore and income from fees and commissions grew 14% to ₹2,191 crore. The company's cards-in-force (CIF), i.e. the total number of credit and debit cards currently active and being used by cardholders at a financial institution, grew 10%…