Blog

17 Jun

Tamil Nadu Pollution Board Drops Shutdown Scrutiny of Tata’s iPhone Parts Facility

anuprovaBusiness

Tata Electronics announced that the Tamil Nadu Pollution Control Board (TNPCB) has officially dropped its regulatory scrutiny and withdrawn a potential closure notice against its manufacturing facility in Hosur, Tamil Nadu. The factory, which is highly critical to Apple’s global strategy to shift 26% of iPhone production to India by the end of the year, produces back panels and vital structural components. The regulatory resolution comes as a massive relief for Apple’s South Asian supply chain, which was staring at a forced operational shutdown and power disconnection following allegations of environmental non-compliance. The dispute initially intensified after local farmland owners…

17 Jun

Assam eyes ₹700 croreboost as concert economy gains momentum

Business BureauBusiness

Assam is poised to emerge as India's next major concert economy hub, with a new report by BookMyShow, Assam Tourism Development Corporation Ltd. (ATDC) and EY-Parthenon projecting a cumulative economic impact of over ₹700 crore from live entertainment events over the next five years. The report, titled *The Assam Blueprint: Turning Live Music Economy into a Tourism Multiplier*, was unveiled in Guwahati and examines the impact of global music events on the state's tourism, economy and employment landscape. Using American rapper Post Malone's maiden India solo concert in Guwahati in December 2025 as a case study, the report estimated a…

16 Jun

RBI Green Deposit Framework Drives Sharp Uptick in Sustainable Banking

nanikaBanking

State-owned banks in India recorded a sharp rise in green deposit mobilisation in FY26, reflecting growing depositor awareness and the increasing maturity of the Reserve Bank of India’s (RBI) Green Deposit Framework introduced in 2023. According to an analysis of annual reports, eight public sector banks collectively raised ₹3,733.11 crore in FY26 through green deposits, nearly double the ₹1,831.79 crore mobilised in the previous financial year. The increase highlights a broader shift towards sustainable finance, with banks aligning their fundraising and lending activities with environmentally responsible projects. State Bank of India (SBI), the country’s largest lender, mobilised ₹317.39 crore in…

16 Jun

Chandmari Karatekas Shine with 19 Gold, 20 Silver, 27 Bronze at State Championship in Khanapara

PreetiAssam, Sports

More than 400 players participated in the 6th State Seishinkai Shito-Ryu Karate Do Championship held at the Veterinary Indoor Stadium, Khanapara. The event was managed by the All Assam Seishinkai Shito-Ryu Karate Do Federation.Under the supervision of Chief Coach Shihan Dilip Mali of the Chandmari Karate Do Academy, a 37-member team of players participated in this championship. They brought laurels to the academy by winning 19 gold, 20 silver, and 27 bronze medals in the Karate Kata and Kumite categories.

16 Jun

Bar Maestro aims to tap India’s growing cocktail economy

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits arm of Allied Blenders & Distillers Limited (ABD), has launched “Bar Maestro,” a nationwide bartending competition aimed at nurturing talent, strengthening India's evolving cocktail culture, and creating a platform for bartenders to gain industry recognition and career opportunities.Launched in partnership with Tulleeho, one of India's leading bar and beverage education platforms, the competition will roll out across Mumbai, Delhi, Gurgaon, Goa, Pune, Bangalore and Kolkata from June 15. The initiative is designed as a three-round contest that will test creativity, technical expertise and regional storytelling through cocktails crafted using ABD Maestro’s…

16 Jun

Nepal Foreign Minister Visits China After High-Level Talks in India

anuprovaInternational

Nepal’s Foreign Minister has begun an official visit to China shortly after concluding diplomatic engagements in India, highlighting Kathmandu’s continued efforts to maintain balanced relations with its two powerful neighbors. The visit comes at a time when Nepal is seeking to strengthen economic cooperation, attract infrastructure investment, and expand trade opportunities while carefully navigating the strategic interests of both Beijing and New Delhi. During the China visit, discussions are expected to focus on bilateral trade, connectivity projects, tourism, and the progress of infrastructure initiatives linked to regional development. Chinese officials are also likely to explore opportunities for deeper cooperation under…

15 Jun

Major Infra Boost for Meghalaya: Gadkari Lays Foundation for 4 Highways, Upgrades 2 NH Projects

PreetiMeghalaya

In a major boost to Meghalaya's infrastructure landscape and regional connectivity, Shri Nitin Gadkari, Hon'ble Union Minister for Road Transport and Highways, Government of India, today laid the foundation stones for four new highway projects and upgradation of two existing National Highways worth a cumulative investment of ₹3,214 crore at a programme held at Polo Grounds, Shillong.These projects will be a big step in improving regional connectivity, upgradation of transport networks, facilitating trade and commerce and expediting socio-economic development across Meghalaya and the Northeast. The initiatives are likely to improve mobility, reduce travel time, enhance logistics efficiency and open new…

15 Jun

Union Warns of Operational Risks Amid Staffing Shortages in Bank of Maharashtra

nanikaBanking

The All India Bank of Maharashtra Employees Federation (AIBOMEF) has urged the management of Bank of Maharashtra to initiate a large-scale recruitment drive across cadres, citing severe staff shortages and increasing workloads across branches and administrative offices. In a representation submitted to the bank’s Managing Director and Chief Executive Officer, the union stated that the lender’s rapid growth in business, profitability, asset quality, and branch network has not been matched by a corresponding increase in manpower. It warned that the gap between business expansion and staff strength has reached “alarming proportions.” According to the union, 147 branches and offices are…

15 Jun

More Structural Reforms Needed Beyond Capital Gains Tax Cuts to Attract Foreign Capital, Says FM Sitharaman

anuprovaBusiness

Union Finance Minister Nirmala Sitharaman emphasized on Monday, June 15, 2026, that the recent capital gains tax relief implemented for Government Securities (G-Secs) is not the ultimate solution to India's fiscal goals, stressing that the country must pursue additional structural reforms to attract sustained inflows of foreign capital. Speaking at a major financial conclave, Sitharaman highlighted that while the tax exemptions have successfully lowered the entry barrier for global investors looking to participate in India’s sovereign debt market, the government must continuously look for ways to deepen domestic financial markets. She noted that relying solely on short-term tax incentives is…

15 Jun

Malabar Gold & Diamonds targets modern consumers with Nuwa diamond collection

anuprovaBusiness

Malabar Gold & Diamonds has launched NUWA, a new natural diamond jewellery collection aimed at consumers seeking contemporary designs, understated luxury and versatile jewellery inspired by nature. The latest edition of NUWA celebrates modern luxury through natural diamonds, drawing inspiration from nature’s finest creations. The collection incorporates patterns and textures found in stripes, honeycombs, fluid formations and organic structures, transforming them into jewellery pieces designed for modern lifestyles. Crafted in 18kt and 14kt gold, the collection features natural diamonds enhanced with coloured gemstones, ceramic colour enamelling and multi-tone rhodium finishes. According to the company, the designs strike a balance between…