Business News Northeast - Latest Business Northeast News & Updates

26 May

Rupee Drops to Record Low of 95.43 Against Dollar on Middle East Tensions

anuprovaBusiness

The Indian rupee fell to a record low of 95.43 to the US dollar on Tuesday as safe-haven demand grew as hopes for a diplomatic breakthrough in the Middle East faded. As geopolitical uncertainties intensified, investors aggressively exited emerging market assets, turning instead to the greenback and gold. The steep fall underscores the currency’s susceptibility to global energy shocks and foreign capital flight during times of international crisis. After a stalemate in peace talks, market sentiment quickly soured, fueling fears of prolonged unrest and possible disruptions to global supply chains. India imports over 80% of its crude oil and any…

26 May

Green Energy Milestone: Adani Green’s New 3.37 GWh Battery System to Power 1 Million Homes

nanikaBusiness

Adani Green Energy Limited (AGEL) has achieved a monumental milestone in India’s clean energy transition by expanding its total operational Battery Energy Storage System (BESS) capacity to 3.37 GWh at Khavda, Gujarat. This massive expansion includes a significant 1.37 GWh addition completed in March 2026. This development establishes the facility as the world’s largest single-location battery storage deployment outside of China, as well as one of the fastest-executed projects globally. The newly expanded storage system is situated within AGEL’s ambitious 30 GW renewable energy park in Khavda, where 9.9 GW of capacity is already operational. This 3.37 GWh BESS is…

26 May

Tata Motors drives global CV push with Cape Town showcase

Business BureauBusiness

Tata Motors showcased its widest-ever commercial vehicle portfolio at an event in Cape Town underlining its focus on next-generation mobility solutions and expansion across international markets, particularly Sub-Saharan Africa. The company displayed 11 commercial vehicles spanning multiple segments and powertrain technologies, including electric vehicles, pickups, trucks and passenger buses. The line-up included the all-new Ultra Prime RE rear-engine intra-city bus and the Azura 1918 intermediate and light-duty truck range developed for urban and regional haulage operations. Tata Motors also showcased electric models such as Ace Pro EV, Intra EV, Ultra E.9 and Prima E28.K aimed at sustainable logistics, mining and…

26 May

India’s start-up sector eyes IPO boom amid AI-driven transformation: Aon

Business BureauBusiness

India’s start-up ecosystem is moving into a phase of disciplined growth and stronger market maturity as companies focus on artificial intelligence, IPO readiness and long-term talent strategies amid a challenging global economic environment, according to insights shared at the Aon Start-Up Conclave 2026. The conclave, featuring Roopank Chaudhary, Jang Bahadur Singh, Pratik Kar and Aashima Sharma, highlighted that despite subdued global technology funding and slower economic growth, Indian start-ups continue to attract investor interest and maintain an active IPO pipeline. The report said sectors such as generative AI, fintech, health technology, cleantech and green energy are drawing higher investment as…

25 May

Medanta doctors urge awareness and healthy lifestyle to prevent liver diseases

Business BureauBusiness

Doctors at Gurugram-based Medanta have stressed the importance of liver health awareness and healthy lifestyle practices amid a growing rise in liver-related diseases across the country. The specialists said early diagnosis and preventive care are crucial as many liver conditions progress silently and show symptoms only after significant damage has occurred. Dr. Swapnil Dhampalwar, Senior Consultant, Hepatology at Medanta Gurugram, said people often ignore symptoms such as persistent fatigue, abdominal discomfort, unexplained weight changes and loss of appetite. “Timely diagnosis through regular health check-ups and blood tests can help detect liver disease early and prevent long-term complications,” he said. The…

25 May

Tata AIA launches dividend leaders pension fund focused on retirement wealth creation

Business BureauBusiness

Tata AIA Life Insurance has announced the launch of its new “Tata AIA Dividend Leaders Index Pension Fund”, aimed at helping consumers build long-term retirement wealth through investments in India’s leading dividend-paying companies. The newly launched fund will invest in 50 consistent dividend-paying firms and track the BSE 500 Dividend Leaders 50 Index through a passive investment strategy in line with IRDAI regulations. According to the company, the fund is designed to combine market-linked growth opportunities with life insurance protection while focusing on financially strong and established businesses. Tata AIA said dividends generated by companies in the portfolio will be…

25 May

Operational Efficiency Drives NBCC’s Q4 Profit Up by 37% to ₹241.38 Crore

nanikaBusiness

State-owned construction major NBCC (India) Limited has delivered a stellar financial performance for the final quarter of the fiscal year 2025-26, posting a remarkable 37 percent surge in consolidated net profit. According to the company's latest regulatory filing, net profit for the quarter ended March 31 rose to ₹241.38 crore, up from ₹175.91 crore in the corresponding period of the previous fiscal year. This robust bottom-line growth comes despite a marginal contraction in top-line revenue. NBCC’s total income for the fourth quarter dipped slightly to ₹4,618.59 crore, compared to ₹4,700.86 crore reported in the year-ago period. The company’s ability to…

25 May

March sees Indians cut foreign travel expenses to $1.09 billion as outbound tourism drops

anuprovaBusiness

India’s overseas travel expenditure declined in March 2026, with the figure falling to $1.09 billion from $1.3 billion in February and $1.65 billion in January, recent data released by the Reserve Bank of India (RBI) showed. The $212.43 million month-on-month fall comes amid geopolitical tensions in West Asia that have pushed up global oil prices, led to higher international airfares and put historic pressure on the Indian rupee. Despite the fall, outbound travel was the single largest contributor to the overall outward remittances under the Liberalised Remittance Scheme (LRS), which was $2.59 billion for the month. A closer look at…

23 May

Dr Reddy’s launches oral semaglutide tablet Obeda for diabetes patients in India

Business BureauBusiness

Dr. Reddy's Laboratories on Tuesday announced the launch of its oral semaglutide biosimilar tablet, branded as Obeda®, for the treatment of type 2 diabetes mellitus in India. The Hyderabad-based pharmaceutical major said the launch strengthens its position in the growing GLP-1 therapies segment following its recent generic semaglutide injection launches in India and Canada. The company said Obeda® is available in 3 mg, 7 mg and 14 mg tablet strengths for once-daily oral use. The tablets are priced at Rs 99, Rs 135 and Rs 225 per tablet respectively. Oral semaglutide, a GLP-1 receptor agonist, is prescribed along with diet…

23 May

Coke Studio Bharat brings forgotten war story alive with ‘Kachaudi Gali’

Business BureauBusiness

Coke Studio Bharat has released the third track of its Season 4, titled Kachaudi Gali, a Bhojpuri folk-inspired composition that revisits the human cost of the First Anglo-Burmese War through the perspective of a woman separated from her husband. Set in the narrow lanes of Benaras, the song tells the story of a woman watching her husband being taken away by the British Army from Mirzapur to Rangoon during the war. The track highlights the emotional trauma faced by ordinary families whose stories remained absent from mainstream historical narratives. The song features acclaimed singer Rekha Bhardwaj alongside Utpal Udit and…