Blog

07 Jun

Tripura’s booming agarwood industry secure room to develop, according to the World Bank

Sonakshi SarkarTripura

A three-member World Bank delegation visited Kadamtala in North Tripura on June 6 to evaluate the state’s booming agarwood industry and explore avenues for international support under a broader project focused on non-timber forest products. Led by consultant Dan Altrell, along with Erick Z Soruco and Sushanta Paul, the team toured agarwood processing units and engaged directly with local growers and traders at the Kadamtala agar market. The officials also held detailed discussions with senior forest department authorities to understand the region’s agarwood activities and challenges. District Forest Officer (DFO) of North Tripura, Suman Malla, stated that the World Bank’s…

07 Jun

To address monsoon concerns, Mizoram secured three-month rice buffer

Sonakshi SarkarMizoram

In a proactive move to avert potential food grain shortages during the monsoon season, the Mizoram government has ensured a three-month buffer stock of rice across the state. Officials confirmed that the stockpile will be sufficient to meet public demand through the critical rainy months of June, July, and August, despite possible disruptions in transportation and supply chains due to inclement weather. Teresa Vanlalhruaii, Secretary of the Department of Food, Civil Supplies, and Consumer Affairs, informed the media on Friday that all government storage facilities—spanning both urban and remote districts—have been stocked in advance. The preparation aims to shield residents,…

07 Jun

Arunachal Pradesh’s major organic agricultural effort is launched by NECTAR

Banasree SarkarArunachal Pradesh

Under the project "Promoting Scientific Organic Agriculture in the North East Region," the North East Centre for Technology Application and Reach (NECTAR), an independent organization under the Department of Science and Technology, Government of India, has started important initiatives to support organic farming in Arunachal Pradesh. Under the PM-DevINE initiative, the Ministry of Development of the North Eastern Region (MDoNER) is funding the project, which is spread throughout 15 clusters in the districts of East Kameng and West Kameng. The PM-DevINE Organic Scheme is focused on organic certification, farmer training, capacity building, and the creation of cluster-level demonstration farm labs…

07 Jun

Infosys Foundation’s INR 2 crore Aarohan Awards to boost social innovation and economic growth

Business BureauBusiness

Infosys Foundation has launched the fourth edition of its Aarohan Social Innovation Awards, committing INR 2 crore to support technology-driven solutions in education, healthcare, and environmental sustainability. This strategic investment aims to empower social entrepreneurs and enterprises that can create scalable impact on underprivileged communities, thereby contributing to inclusive economic development. Open for Indian citizens aged 18 and above, the awards invite submissions of fully functional prototypes or completed projects via video entries from April 24 to June 15, 2025. Winners can receive up to INR 50 lakh each, with selection criteria focused on addressing real social problems, solution scalability,…

07 Jun

Happydent shines bright with new campaign “Chamking Gum: Chamka Muskaan, Jagmag Jahaan”

Business BureauBusiness

Perfetti Van Melle India has launched a new cinematic campaign for its flagship brand Happydent, titled “Chamking Gum: Chamka Muskaan, Jagmag Jahaan.” The visually rich film, conceptualized by Prasoon Joshi of McCann Worldgroup India and directed by Vinil Mathew, revives the brand’s legendary storytelling with a fresh, purposeful narrative. Renowned music director Shantanu Moitra adds melodic brilliance to the campaign. The ad showcases a group of performers using red paint and radiant smiles to highlight the issue of littering, blending imagination with a social message. The campaign seeks to connect with Gen Z through authenticity, creativity, and impact-driven storytelling—echoing Happydent’s…

07 Jun

Tata AIA declares record Ra 1,842 crore bonus for FY25, benefits over 8 lakh policyholders

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd. has announced its highest-ever bonus payout of ₹1,842 crore for FY25, marking a 26% rise from the previous year’s ₹1,465 crore. The record-breaking bonus will benefit more than 8.15 lakh policyholders across various participating (Par) plans such as Diamond Savings Plan, Smart Value Income Plan, Value Income Plan, and Shubh Flexi Income Plan. The bonus reflects Tata AIA’s robust fund performance and is part of the insurer’s strategy to support long-term financial goals while delivering consistent returns. Kshitij Sharma, Executive Vice President and Appointed Actuary, said, “Tata AIA’s record-breaking bonus declaration underscores our commitment…

07 Jun

Silver futures price gain: Prices rise in India

Business CorrespondentBusiness, News

New Delhi, June 6: Silver prices rose by Rs 80 to Rs 1,01,460 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 80, or 0.08 percent, to Rs 1,01,460 per kg in a business turnover of 17,560 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.10 percent lower at $34.46 per ounce in New York.

06 Jun

Government Halts Licensing Following Political and Public Pressure

MohiniInternational

Norway has temporarily suspended its deep-sea mining plans, halting the issuance of exploration licenses due to environmental concerns and political pressure. The decision follows a court ruling rejecting a legal challenge by environmental groups, highlighting the contentious nature of seabed mineral extraction. Environmentalists warn that deep-sea mining poses significant risks to marine ecosystems, including potential chemical leaks and habitat destruction. The European Parliament has also expressed disapproval of Norway's intentions, signaling a broader international consensus on the need for caution. As countries like India and Bangladesh explore seabed resource mapping, Norway's decision underscores the importance of balancing economic interests with…

06 Jun

Nissan Magnite hits 2 lakh sales milestone, innovates with CNG retrofit to capture growing markets

Business BureauBusiness

Nissan Motor India Pvt. Ltd. has reached a major milestone with its compact SUV, the Nissan Magnite, crossing 2,00,000 cumulative sales globally since its 2020 launch. The SUV’s innovative blend of bold design, advanced safety features, and affordability has propelled its success in over 65 international markets, reinforcing Nissan’s ‘One Car, One World’ vision. In a strategic move to address rising fuel costs and environmental concerns, Nissan recently launched a government-approved CNG retrofit kit priced at ₹74,999 for the 1.0-litre petrol manual variant. Manufactured by Motozen and installed at authorised centres, this innovation caters to growing consumer demand for cleaner,…

06 Jun

UK Government Rejects Four-Day Workweek for Civil Servants

MohiniInternational

The UK government has ruled out implementing a four-day workweek for civil servants, citing concerns over productivity and the potential impact on public services. Pensions Minister Emma Reynolds emphasized the importance of maintaining a full workweek to ensure efficient government operations, despite ongoing discussions and trials in various sectors. While some organizations have reported positive outcomes from reduced workweeks, including improved employee well-being and productivity, the government remains cautious. Officials argue that the current flexibility in work arrangements is sufficient and that a blanket reduction in working hours could hinder service delivery. The decision is being closely watched by policymakers…