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04 Aug

Rice exports from India to increase after import ban lifted

Business CorrespondentBusiness, News

New Delhi, The Indian Rice Exporters Federation on Monday said the lifting of the import ban by a major Indian rice importer will boost exports of the grain and reduce the impact of new US tariffs. Prem Garg, president of the Indian Rice Exporters Federation (IREF), said a major international market has decided to lift a four-month ban on rice imports. "This development is significant as this market is a major importer of Indian rice, with annual imports of over 1,000,000 metric tonnes, and the lifting of the ban will significantly increase our exports," Garg said. "This will increase India's…

04 Aug

Understanding the Crucial Role of Resuscitation for Hypovolemic Shock Following Trauma

Business BureauBusiness

(Prof. (Dr.) Anil Gulati is the founder, Chairman, and CEO of Pharmazz, Inc,USA) Trauma and Shock: The Race Against TimeEvery year, trauma claims the lives of thousands, especially those under the age of 40. In the critical minutes after a severe injury, rapid blood loss can lead to hypovolemic shock, a life-threatening condition where, due to a lack of blood supply, the heart can no longer pump enough blood to the body. Left untreated, it leads to organ failure and death. However, while emergency care systems have advanced, the core treatment for shock has remained largely unchanged—until now.Understanding Hypovolemic ShockHypovolemic…

02 Aug

Tata Power Q1 consolidated net profit increase 9.17% y-o-y to ₹1,060 crore

Business CorrespondentBusiness, News

Tata Power on Friday, August 1 announced its financial results for the quarter ended June 30, 2025 (Q1 FY26), reporting a consolidated net profit of ₹1,060 crore, up 9% y-o-y as compared to ₹971 crore in Q1 FY25. The company’s operating revenue during the quarter stood at ₹18,035 crore, up 4.28% from ₹17,924 crore in the corresponding period of the previous fiscal. Total expenses for the quarter stood at ₹16,336 crore, up 3.03% from ₹15,856 crore in the corresponding period of the previous year. Depreciation cost for the quarter stood at ₹1,161 crore as against ₹973 crore in Q1 FY24,…

02 Aug

Shopsy surpasses 450M downloads, strengthens presence in tier 4+ markets across India

Business BureauBusiness

Shopsy, Flipkart’s hypervalue platform, marked its fourth anniversary with over 450 million app downloads and a growing presence in more than 19,000 pin codes. The platform added 11.5 million new shoppers this year, with notable traction from Tier 4+ and remote towns like Bhagalpur, Medinipur, Dunda, and Rajnagar—highlighting the increasing appetite for affordable online shopping in India’s hinterlands. Driven by a regional-first strategy, Shopsy now offers 16 million+ products across 1,300+ categories. Categories such as kidswear surged by 150%, and large appliances saw a 20% boost. Its Grand Shopsy Mela, featuring products under ₹149, continues to drive volume and family…

01 Aug

GST collection increase 7.5% to ₹1.96 lakh crore in July

Business CorrespondentBusiness, News

New Delhi, Gross GST collections rose 7.5 percent to around Rs 1.96 lakh crore in July due to an increase in domestic revenue. Gross Goods and Services Tax (GST) collections stood at Rs 1.82 lakh crore in July 2024. The collection was Rs 1.84 lakh crore in the previous month. Gross domestic revenue rose 6.7 percent to Rs 1.43 lakh crore, while import taxes rose 9.5 percent to Rs 52,712 crore. GST refunds rose 66.8 per cent year-on-year to Rs 27,147 crore. Net GST revenue stood at Rs 1.69 lakh crore in July 2025, showing a growth of 1.7 percent…

01 Aug

CEAT rolls out ROCKRAD tyres for mining sector, eyes radialisation push

Business BureauBusiness

Tyre major CEAT has launched ROCKRAD, its first radial tyre specifically designed for the mining sector, marking a strategic leap into one of the most demanding tyre application segments. The new tyre is engineered to tackle rough terrains and extreme load-haul operations, reinforcing CEAT’s credentials in the Truck and Bus Radial (TBR) space. Tested extensively across Barbil’s mining sites in Odisha and rugged Indonesian landscapes, the ROCKRAD is tailored for durability, superior grip, and extended mileage. Its innovative S-Type tread pattern enables optimal pressure distribution, while a specially formulated sidewall compound provides high cut resistance without compromising flexibility. ROCKRAD will…

01 Aug

BSA unveils Scrambler 650 and Bantam 350, rekindles classic spirit with modern power

Business BureauBusiness

British motorcycle icon BSA has launched two striking new models — the Scrambler 650 and Bantam 350 reimagining its classic legacy for modern riders. This global launch signals a renewed thrust into premium retro-motorcycling, combining heritage styling with advanced engineering. The Scrambler 650, powered by a 652cc single-cylinder liquid-cooled engine, produces 45PS and 55Nm torque, promising rugged versatility across terrains. It features premium components such as Brembo brakes, Pirelli Scorpion Rally STR tyres, dual-channel ABS, and a 5-speed transmission. Designed for thrill-seekers, it’s available in Thunder Grey, Raven Black, and Victor Yellow. In contrast, the Bantam 350 revives post-war nostalgia…

31 Jul

Hitachi Energy Q1 result: Net profit gain nearly 13-fold to ₹132 crore; revenue up 15%

Business CorrespondentBusiness, News

Hitachi Energy on Wednesday, July 30, reported that its profit after tax (PAT) grew nearly 13-fold to ₹131.6 crore in the first quarter of FY 2025-26 (Q1 FY26). The company had posted a profit of ₹10.4 crore in the same period a year ago. The tech company said in a regulatory filing that the rise in its profit was driven by effective execution of high-margin orders, continued operational excellence, good product mix and growth in exports. During the quarter under review, the energy company's operating revenue stood at ₹1,529.8 crore, marking a 15.3% year-on-year growth from ₹1,327.3 crore in the…

30 Jul

India’s electricity demand to rose 4% in 2025: IEA

Business CorrespondentBusiness, News

New Delhi, India's electricity demand is expected to grow modestly by 4 per cent in 2025, after consumption slows due to cool summer temperatures in the first half of the year and peak load shifts to September, the International Energy Agency (IEA) has said. In its mid-year update on electricity, the IEA said global electricity demand is growing far faster than forecast for the 2025-2026 period over the past decade, but electricity demand in China and India is expected to grow more slowly in 2025 than the rapid growth seen in 2024. "Electricity demand in India is forecast to grow…

30 Jul

Campus Activewear unveils new sneaker collection and expands women’s portfolio at Annual Retailer Meet 2025

Business BureauBusiness

Campus Activewear Ltd., one of India’s leading Sports and Athleisure brands, hosted its Annual Retailer Meet 2025 in Chas, bringing together over 250 retail partners from the region. Organised in collaboration with Channel Partner, Ishtiaque Khan (New Grand Shoe), the event was themed “Move Together, Grow Together” – rooted in Campus’ brand philosophy “Move Your Way” and reaffirming its belief in co-creating progress with its extensive retail network. Celebrating the deep trust and everyday connection between brand and partners, the meet spotlighted its newest innovations and strategic focus areas. Retailers were equipped with insights to better serve evolving consumer needs,…