Business News Northeast - Latest Business Northeast News & Updates

17 Jul

LG Electronics India unveils the AI-powered OLEDevo & QNEDevo TV line-up for 2025

Business BureauBusiness

LG Electronics India today unveiled its much-anticipated 2025 OLEDevo and QNEDevo television line-up, featuring the latest Alpha AI Processor Gen2 and next-generation personalization features. The TVs aim to deliver smarter, sharper, and more immersive viewing experiences, setting a new benchmark in the premium smart TV segment. The heart of the new range is LG’s AI-driven technology, which includes features like ‘AI Voice ID’, ‘AI Concierge’, and an intuitive Magic Remote, offering real-time personalization for every user. The OLED evo series boasts Brightness Booster Ultimate and the new Filmmaker Mode® with Ambient Light Compensation, while the QNED evo models leverage Mini…

16 Jul

Aluminium futures downgrade on low demand

Business CorrespondentBusiness, News

New Delhi, Aluminium prices fell by 70 paise to Rs 248.80 per kg in futures trade on Wednesday as traders offloaded their positions following a weak trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery fell by 70 paise, or 0.28 percent, to Rs 248.80 per kg in a business turnover of 1,525 lots. Analysts said aluminium prices fell mainly due to traders offloading their positions on account of weak demand from consuming industries.

16 Jul

slice Small Finance Bank expands in Mizoram, creates 400+ jobs across Northeast

Business BureauBusiness

slice small finance bank (slice SFB), headquartered in Assam, is strengthening its footprint in the Northeast with the launch of its Serchhip branch and the upcoming opening of a second branch in Bawngkawn, Mizoram. The move is part of the bank’s broader mission to drive financial inclusion in underserved regions while generating over 400 new jobs in the Northeast in the past year alone. slice SFB's latest expansion in Mizoram brings a digital-first banking experience tailored for rural households, women-led enterprises, and first-time digital users. “Our mission to deliver banking to the traditionally underbanked revolves around the Northeast—a region with…

16 Jul

Toyota Kirloskar accelerates Northeast expansion with new Gargya Toyota dealership in Guwahati

Business BureauBusiness

Toyota Kirloskar Motor (TKM) inaugurated a new dealership, Gargya Toyota, in Guwahati. This 5,100 sq. ft. 1S (sales) outlet, located at GS Road, Dispur, will retail Toyota’s complete product portfolio—from high-demand models like Innova Hycross, Fortuner, Hilux, and Urban Cruiser Hyryder to premium offerings such as the Camry Hybrid and Vellfire. The facility also includes Toyota U-Trust, enabling customers to buy, sell, and exchange used vehicles, ensuring a convenient ownership experience. The dealership was inaugurated by Mr. Arun G Nair, VP & Chief Representative – East Region, TKM, and Mr. Rahul Dev Sharma, Dealer Principal, who reiterated Toyota’s commitment to…

15 Jul

Gold futures upsurge on spot demand

Business CorrespondentBusiness, News

New Delhi, Gold prices rose by Rs 180 to Rs 97,955 per 10 grams in futures trade on Tuesday as speculators created new deals due to strong spot demand. On the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 180, or 0.18 percent, to Rs 97,955 per 10 grams, with a turnover of 11,595 lots. Analysts said fresh buying by participants led to the rise in gold prices. Globally, gold futures in New York rose 0.52 percent to $3,360.93 an ounce.

15 Jul

Insurance Awareness Committee launches the next phase of its national campaign, Sabse Pehle Life Insurance

Business BureauBusiness

India continues to grapple with a significant life insurance protection gap—one that has risen from 83% in 2019 to 87% in 2023, according to a December 2023 NIA study. The gap is even more pronounced among those aged 18–35, exceeding 90%. This growing vulnerability poses a serious threat to families’ financial security and aspirations. To address the challenge of penetration, the Insurance Awareness Committee representing all life insurers in India, has launched the next phase of its national campaign, Sabse Pehle Life Insurance. The initiative will continue to motivate every Indian, with renewed vigour, to make life insurance the foundation…

15 Jul

Nothing launches flagship Phone (3) and Headphone (1) in India, available nationwide from today

Business BureauBusiness

London-based tech brand Nothing has launched two major products in India—its flagship Nothing Phone (3) and debut over-ear Nothing Headphone (1)—with nationwide sales beginning today at 12 noon. These launches mark Nothing’s bold foray into flagship smartphones and high-end audio, combining intentional design with premium engineering. The Nothing Phone (3) introduces a modular design, pro-grade triple camera system, and a 6.67-inch AMOLED display with ultra-slim 1.87 mm bezels. Powered by the Snapdragon® 8s Gen 4 chipset, it features the unique Glyph Matrix for intuitive interaction and cinematic 4K 60fps video recording across all lenses. Prices start at ₹62,999, with exclusive…

14 Jul

Housing sales lapse 30% in MMR, Pune

Business CorrespondentBusiness, News

New Delhi: Housing sales in the Mumbai Metropolitan Region (MMR) and Pune overall declined 30 percent to 41,901 units in the April-June period this year, as consumer demand waned due to a surge in prices, according to PropTiger. Combined housing sales in MMR and Pune, two key property markets in Maharashtra, stood at 60,191 units in the same period a year ago. On Monday, housing brokerage firm PropTiger released data which showed that sales in India's eight major residential markets declined 14 percent to 97,674 units during April-June this year, as against 1,13,768 units in the same period last year.…

14 Jul

Spot sanction camps in Bilaspur ; Aadhar Housing Finance fuels affordable housing under PMAY-U 2.0

Business BureauBusiness

Aadhar Housing Finance Ltd., India’s leading low-income housing finance provider, is intensifying its mission to make homeownership accessible by launching Phase III of its Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) awareness drive in Bilaspur. From July 10 to 13, the company will organize PMAY Utsav and Spot Sanction Camps to simplify the home loan process for first-time buyers from economically weaker sections and low-income groups. The initiative offers on-the-spot home loan sanctions upon document verification, helps applicants determine eligibility, and educates them about subsidies of up to ₹1.80 lakh. The recently revived Credit Linked Subsidy Scheme (CLSS)…

12 Jul

TCS stock downfalls 2.51% after Q1 results

Business CorrespondentBusiness, News

New Delhi, Tata Consultancy (TCS) stock fell 2.51 per cent in Friday morning trade after the stock failed to show enthusiasm over its June quarter results. The heavyweight stock on the list is trading 2.43 per cent lower at Rs 3,300. On the NOC, it was down 2.51 per cent at Rs 3,297. Other IT stocks also remained under selling pressure, with shares of Infosys, Tech Mahindra, HCL Tech and Wipro seeing negative word of mouth. In the stock market, the 30-stock index closed 352.91 per cent lower at 82,837.37 and the 50-stock index closed 91.45 per cent lower at…