Business News Northeast - Latest Business Northeast News & Updates

12 Jul

Screen Academy launch offers life-changing opportunity for aspiring filmmakers across India

Business BureauBusiness

For aspiring filmmakers with big dreams and limited means, there’s now a powerful new platform to turn ambition into reality. The Indian Express Group, in partnership with the Lodha Foundation, has launched Screen Academy — a not-for-profit initiative offering fully-funded postgraduate fellowships to exceptional students from leading film schools such as FTII Pune, SRFTI Kolkata, and Whistling Woods International, Mumbai. More than just financial aid, the Academy provides access to industry mentorship, internships, and masterclasses from cinema icons like Guneet Monga, Payal Kapadia, and Resul Pookutty. With a strong focus on inclusivity, it aims to empower creative voices from across…

12 Jul

Mahindra rolls out XUV 3XO REVX series from Rs 8.94 lakh, eyes compact SUV market surge

Business BureauBusiness

Mahindra & Mahindra Ltd. has unveiled the new XUV 3XO REVX series, starting at ₹8.94 lakh (ex-showroom), expanding its footprint in India’s competitive compact SUV segment. The launch follows the XUV 3XO’s record-breaking milestone of 1 lakh units sold in under a year, the fastest for any Mahindra SUV. The new REVX lineup—REVX M, REVX M(O), and REVX A—blends performance, style, and premium features. Powered by 1.2L mStallion engines (TCMPFi and TGDi), the models offer up to 96 kW power and 230 Nm torque. Key highlights include dual-tone roofs, black alloy wheels, leatherette seats, a panoramic sunroof, twin 26.03 cm…

11 Jul

Crude oil prices increase on spot demand

Business CorrespondentBusiness, News

New Delhi, Crude oil prices rose by Rs 26 to Rs 5,661 per barrel in futures trade on Friday as traders increased the size of their deals due to strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 26, or 0.46 per cent, to Rs 5,661 per barrel in a business turnover of 6,252 lots. Analysts said crude oil prices rose in futures trade as participants increased the size of their deals. Globally, West Texas Intermediate crude was trading 0.38 per cent higher at $66.95 per barrel in New…

11 Jul

Honda India Foundation strengthens skill development in Mizoram, enhances digital infrastructure at MYC

Business BureauBusiness

The Honda India Foundation (HIF) has launched the next phase of its flagship CSR initiative, Project Buniyaad – Aathmanirbharta Ka Aadhaar, in Mizoram. The event, held at the Mizoram Youth Commission (MYC) office in Aizawl, was graced by Mr. Lalnghinglova Hmar, Minister of State for Labour, Employment, Skill Development & Entrepreneurship, Sports & Youth Services, Excise & Narcotics, and Tourism, Government of Mizoram. This phase focuses on expanding skill development opportunities for youth, particularly in the hospitality sector, with assured job placements. To enhance the digital learning experience, HIF inaugurated three interactive smart boards at MYC classrooms, aiming to provide…

11 Jul

Why Early Conversations About Fertility Are the Best Investment in Your Future Family

Business BureauBusiness

In India, fertility comes into discussion only when a couple is attempting to conceive. This delay in conversation means many to lose the chance to know and prepare for their reproductive life in advance. Since fertility education is not included in our school curriculum, young adults are likely to grow up without knowledge of how age, health, and lifestyle issues can affect fertility in the long term. Starting these conversations sooner, ideally during late adolescence, can have immense long-term benefits. A woman's fertility peaks at her early 20s, yet this is also the period when most are focused on careers…

10 Jul

PC Jeweller to rose equity of Rs 500 crore

Business CorrespondentBusiness, News

New Delhi, PC Jeweller Ltd's board has approved a plan to raise equity of Rs 500 crore from promoters and Capital Ventures Pvt Ltd to prepay its debt, as part of its plan to become debt-free by the end of this fiscal. Delhi-based PC Jeweller has a total of 52 showrooms, of which 49 are company-owned. In a regulatory filing on Thursday, the company said the board has approved raising funds of up to Rs 500 crore through preferential allotment on a private placement basis. The board approved the issuance and allotment of up to 9.72 crore fully convertible warrants…

09 Jul

Silver futures prices downfall: Prices at ₹1,07,771/kg

Business CorrespondentBusiness, News

New Delhi, Silver prices on Wednesday fell by Rs 214 to Rs 1,07,771 per kg as participants reduced their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery fell by Rs 214, or 0.2 percent, to Rs 1,07,771 per kg in a business turnover of 16,447 lots. Analysts said selling by participants at current levels in the market mainly influenced silver prices. Globally, silver was trading 0.11 percent higher at $36.79 per ounce in New York.

09 Jul

Ujjivan SFB unveils International RuPay Select Debit Card for global, digital-first customers

Business BureauBusiness

Ujjivan Small Finance Bank has launched its first international payment solution — the International RuPay Select Debit Card — aimed at providing seamless global banking with premium lifestyle benefits to its growing base of digitally-savvy customers. The card, powered by the RuPay-Discover Network, will be accepted at ATMs, POS terminals, and online platforms worldwide. Designed especially for frequent international travellers and online shoppers, the card offers an impressive suite of benefits. These include complimentary domestic and international airport lounge access, ₹10 lakh accident and disability insurance, free quarterly golf lessons and wellness services, travel coupons, annual health check-ups, and concierge…

08 Jul

Phoenix Mills shares upgrade, retailer sales across operational malls rise 12% in Q1

Business CorrespondentBusiness, News

Shares of Mumbai-based real estate developer Phoenix Mills rose 1.24% to hit an intraday high of ₹1,567 on Tuesday, July 8, after the company provided its business update of Q1FY26 after market opened on Monday. Phoenix Mills informed the exchanges that its retailers' sales (consumption) across all operational malls grew 12% year-on-year in Q1FY26, reflecting healthy underlying demand and continued momentum across the portfolio. Consumption growth during the quarter was led by Phoenix Pallasio (Lucknow), Phoenix Citadel (Indore), Phoenix Palladium (Mumbai) and Palladium Ahmedabad, supported by the continued ramp-up of our new assets i.e. Phoenix Mall of the Millennium and…

08 Jul

Tata AIA study reveals 63% of East India’s Gen Z Prefer Life Insurance for retirement planning

Business BureauBusiness

Tata AIA Life Insurance, in collaboration with NielsenIQ, has unveiled key findings from its latest study titled “New Age Habits, Traditional Values: Gen Z’s Approach to Financial Planning.” The report reveals that 63% of working Gen Z individuals (aged 21–29) in East India identify life insurance as a primary retirement planning tool—the highest across all regions in India. The study highlights a prudent and balanced financial approach among East India’s youth. While 54% rely on fixed or recurring deposits, 47% invest in gold, and 43% participate in the equity markets. Term insurance adoption is also on the rise, with 11%…