Business News Northeast - Latest Business Northeast News & Updates

30 Jan

Maithan Steel marks 25 years with dealers’ meet, outlines expansion roadmap

Business BureauBusiness

Maithan Steel, a leading name in the Indian steel industry, celebrated 25 years of operations with its dealers’ meet Jashn-E-Maithan 2026, highlighting its growth journey and future expansion plans. Founded in 2001 with a 60,000-tonne sponge iron unit, the company expanded into TMT bar manufacturing in 2012 and has since grown into a 5,00,000-tonne integrated steel plant with operations across 25 states and Union Territories. The company currently works with over 250 institutional buyers and a network of more than 2,500 channel partners, serving over 25 lakh home builders and consumers. Maithan Steel has also generated direct and indirect employment…

30 Jan

Samsung set to add new privacy layer to Galaxy phones after five years of development

Business BureauBusiness

Samsung is set to introduce a new layer of privacy protection for its Galaxy smartphones, aimed at preventing “shoulder surfing” and keeping personal information safe in public spaces. The company said the upcoming feature has been developed over more than five years of engineering, testing and user research, as concerns around mobile privacy continue to grow. According to Samsung, smartphones have become deeply personal, storing messages, passwords and daily routines, yet they are often used in crowded places such as buses, elevators and queues. The new privacy layer is designed to shield sensitive on-screen content, allowing users to check messages…

29 Jan

Economic Survey 2026 Highlights!

Purbalee DuttaBusiness

Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2025–26 in Parliament, formally marking the beginning of the build-up to the Union Budget, which will be presented on Sunday, February 1. Notably, this year’s Budget announcement is scheduled for a weekend. The Economic Survey 2026 drew attention to the much-debated India–US trade agreement, noting that while negotiations have advanced, certain tariff-related impacts are already visible. At the same time, the Survey observed a gradual shift in India’s export strategy, with exporters reducing their dependence on the US market. Data from April to November of FY26 show increased focus on destinations…

29 Jan

Great Learning urges GST rationalisation on digital learning, calls for wider access to low-cost education loans

Business BureauBusiness

Edtech firm Great Learning has called for a rationalisation of Goods and Services Tax (GST) on digital learning services and improved access to affordable education loans, saying these measures are essential to significantly accelerate upskilling across India. Under the current GST framework, core educational services offered by formal institutions are exempt from tax. However, many online courses, coaching programmes and standalone digital learning offerings continue to attract an 18 per cent GST. According to the company, this increases costs for both learners and education providers and can slow adoption, particularly in price-sensitive, skills-focused learning segments that fall outside formal curricula.…

29 Jan

Data privacy now a matter of trust, not just compliance: Aon expert

Business BureauBusiness

As artificial intelligence continues to reshape the way data is collected, analysed and used, the risks linked to data privacy and cyber security are growing rapidly, according to a senior executive at Aon. Sharing her perspective ahead of Data Privacy Day, Apurva Gopinath, Cyber Leader and Vice President, Financial Services & Professional Group, India at Aon, said the cost and impact of data breaches have reached alarming levels. Citing publicly available sources, she noted that in 2025 the global average cost of a data breach was estimated to be between $4.4 million and $4.9 million, while global cybercrime losses are…

29 Jan

Ujjivan Small Finance Bank launches ‘EZY’ to strengthen digital banking for retail customers

Business BureauBusiness

Ujjivan Small Finance Bank has announced the launch of Ujjivan EZY, its upgraded mobile and internet banking platform, marking a key milestone in the Bank’s digital-first strategy. Designed exclusively for retail customers, the unified platform offers a secure, intuitive and personalised banking experience across mobile and web channels. Available in nine languages, EZY brings together over 200 banking features, including more than 90 newly introduced capabilities. Built on a next-generation microservices architecture, the platform enhances speed, scalability and system resilience, enabling faster rollout of new services and improved responsiveness to customer needs. The platform integrates core banking services such as…

28 Jan

Bandhan Bank lowers MAB for standard savings account to Rs 2,000 from February 1

Business BureauBusiness

On the occasion of India’s 77th Republic Day, Bandhan Bank announced a reduction in the Monthly Average Balance (MAB) requirement for its Standard Savings Account, reaffirming its focus on inclusive and customer-friendly banking. The bank said the MAB has been lowered from ₹5,000 to ₹2,000, with effect from February 1, 2026, while all existing product features and benefits will remain unchanged. The move is aimed at making formal banking more affordable and accessible, particularly for customers in semi-urban and rural areas. By easing the balance requirement, the bank hopes to reduce financial pressure on account holders and allow more individuals…

28 Jan

Extremely Dangerous Times: Raghuram Rajan Flags Key Priorities for Budget 2026

editorBusiness

As the Union Budget 2026-27 approaches, former RBI Governor Raghuram Rajan has called for a long-term, reform-driven economic strategy to steer India through what he described as “extremely dangerous times.” Speaking ahead of the February 1 budget, Rajan said fiscal planning must go beyond annual targets and focus on building resilience, reducing vulnerabilities and sustaining growth.He stressed that the budget should be aligned with a broader vision that makes India more independent yet globally attractive, warning against excessive reliance on a few markets or entities. Rajan highlighted opportunities and risks from technologies such as artificial intelligence and underlined the need…

28 Jan

US Dollar falls to a four-year low and Donald Trump is happy about it

Purbalee DuttaBusiness

The US Dollar index recorded its sharpest one-day fall since April last year, when President Donald Trump’s tariff-related comments unsettled markets, slipping to levels last seen in February 2022. Trump remarked that he preferred the currency to find its own natural level, calling it a fair approach, but also suggested he had the ability to influence its direction. “I could make it rise or fall like a yo-yo,” he said, implying possible intervention. The decline in the Dollar on Tuesday occurred despite factors that typically support the currency, including rising government bond yields and strong expectations that the Federal Open…

28 Jan

Samsung unveils Galaxy Z Flip7 Olympic Edition ahead of Milano Cortina 2026

Business BureauBusiness

Samsung Electronics Co., Ltd. has unveiled the Galaxy Z Flip7 Olympic Edition, a special smartphone designed exclusively for athletes competing in the Olympic and Paralympic Winter Games Milano Cortina 2026. As a Worldwide Olympic and Paralympic Partner, Samsung will provide the device to nearly 3,800 Olympians and Paralympians from around 90 countries to support them throughout their Games journey, from life in the Olympic Village to medal celebrations. The Olympic Edition device will play a key role during official podium moments through the Victory Selfie, which will make its Winter Olympic debut at Milano Cortina 2026. For the first time,…