Business News Northeast - Latest Business Northeast News & Updates

17 Sep

Cottonseed oil cake futures prices increase on demand

Business CorrespondentBusiness, News

New Delhi: Cottonseed oil cake prices rose by Rs 2 to Rs 2,914 per quintal in futures trade on Wednesday as speculators created fresh positions amid strong demand. On the National Commodity Exchange (NCDEX), cottonseed oil cake contracts for December delivery rose by Rs 2, or 0.07 percent, to Rs 2,914 per quintal with a turnover of 12,560 lots. Market sources said the rise in cottonseed oil cake prices was mainly driven by participants increasing their bet sizes amid rising demand for animal feed.

17 Sep

Motorola unveils #BigBillionMotoRush with unprecedented festive offers on smartphones, earbuds, tablets and more

Business BureauBusiness

Motorola India today announced its biggest festive line-up ever under the #BigBillionMotoRush, offering unprecedented discounts on its premium and mid-range smartphones, including the motorola edge 60 PRO, edge 60 FUSION, moto g96 5G, moto g86 POWER, and the iconic motorolarazr 60. The offers, aligned with Flipkart’s Big Billion Days Sale 2025, will go live from 23rd September at 00:00 hrs for early access customers and from 22nd September for all consumers. Highlighting flagship performance around ₹25,000, the motorola edge 60 PRO features a Pantone™ validated triple 50MP camera, a 6.7” 1.5K Quad-Curved Display, MediaTekDimensity 8350 Extreme chipset, and a massive…

17 Sep

Instilling Safer Road Habits: Honda Motorcycle & Scooter India Conducts Road Safety Awareness Campaign in Odisha

Business BureauBusiness

Honda Motorcycle & Scooter India (HMSI) took a major step towards promoting road safety in Balasore, reaching out to students and staff members from CIPET: CSTS and KKS Women's College. Over 2,000 participants attended the programme, designed to instill responsible road habits and a safety-first mindset among the youth. The campaign emphasized early education as a key factor in shaping future riders and responsible citizens. Students learned practical aspects of road safety, including correct helmet use, adherence to traffic signals, pedestrian awareness, and anticipation of road risks. HMSI encouraged participants to view road safety not merely as compliance with rules,…

16 Sep

Tyre industry revenue to increase 12 times by 2047

Business CorrespondentBusiness, News

New Delhi: Domestic tyre industry revenue is expected to grow 12 times to Rs 13 lakh crore by 2047, driven by premiumisation and increased exports, a report released on Tuesday said. Indian tyre industry production is expected to grow nearly four times by 2047, driven by a strong domestic original equipment manufacturer (OEM) sector, demand for replacement tyres and rapid growth in vehicle exports, according to a joint report by ATMA and PwC India. "During this period, revenue is expected to grow 12 times to Rs 1,300 thousand crore by 2047," the report said. The sharp rise in revenue growth…

16 Sep

Godrej Agrovet launches first Samadhan Center for oil palm farmers in Tripura

Business BureauBusiness

Godrej Agrovet Limited (GAVL) has inaugurated its first Samadhan Center for oil palm farmers at Nalkata in Dhalai district, aiming to boost productivity and ensure sustainable growth in the state’s emerging oil palm sector. The one-stop solution (OSS) center will provide farmers with knowledge, tools, services, and expert guidance from seed to harvesting. Tripura, which has a potential oil palm cultivation area of 1.46 lakh hectares, targets 11,500 hectares under cultivation by 2026-27. The Samadhan Center is expected to play a pivotal role for farmers in Unakoti and Dhalai, offering soil-testing based fertilizer advice, irrigation solutions for dry months, and…

16 Sep

Income Tax Department Grants One-Day Grace for Filing Returns After Tech Glitches

editorBusiness, Economy

In a statement issued late Monday night, the CBDT announced that the income tax ITR filing deadline has been extended from September 15 to September 16. ITR Filing Due Date Extended: In a late-night statement on Monday, the Central Board of Direct Taxes (CBDT) extended the deadline for filing ITRs (income tax returns), providing relief to taxpayers. The ITR filing deadline has been extended by one day to September 16, meaning that the last day to file is today. In a statement issued late Monday night, the CBDT announced that the income tax ITR filing deadline has been extended from…

15 Sep

India’s vegetable oil imports rose, palmolein declines

Business CorrespondentBusiness, News

New Delhi, India's vegetable oil imports in August rose 7 per cent to 16.77 lakh tonnes compared to the same month last year, despite a sharp drop in refined palmolein shipments following changes in import duty, industry body SEA said on Monday. Total vegetable oil imports stood at 15.63 lakh tonnes in August 2024. The country imported 16.21 lakh tonnes of edible oil and 55,821 tonnes of non-edible oils in August, the Solvent Extractors Association of India (SEA) said. Among edible oils, crude oil imports rose to 16.13 lakh tonnes in August, while refined palmolein shipments declined to 8,000 tonnes…

15 Sep

Instamart unveils Quick India Movement sale, Kolkata braces for festive tech boom

Business BureauBusiness

Instamart has announced its first annual mega event, the Quick India Movement Sale, set to begin on September 19, with discounts ranging from 50–90% across over 50,000 products. The company, known for its 10-minute delivery model, will for the first time extend these deals to electronics, grooming appliances, and home essentials. Some of the major highlights include smartphones like the OnePlus Nord CE4 Lite at ₹16,999, OPPO K13x 5G at ₹12,499, and realmeNarzo 70 Turbo at ₹13,999. Laptop deals feature the Lenovo IdeaPad Slim3 at ₹48,999 and ASUS Vivobook at ₹29,999. Popular audio devices such as the JBL Flip 5…

15 Sep

Jawa, Yezdi motorcycles now priced under Rs 2 lakh as GST cut fuels demand

Business BureauBusiness

Classic Legends (CL) has announced new prices for its iconic Jawa and Yezdi motorcycles, now available under ₹2 lakh, following the government’s GST rationalisation. The GST rate on motorcycles below 350cc has been slashed from 28% to 18%, making Jawa and Yezdi among the biggest beneficiaries in the world’s largest two-wheeler market. The company confirmed that it is passing on 100% of the tax benefit to consumers. Models including the Adventure, Roadster, Bobber, and Scrambler are powered by 293cc and 334cc Alpha2 liquid-cooled engines, with the 334cc delivering 29PS and 30Nm torque. “This policy shift makes our performance classics more…

15 Sep

TCS launches 26th Rural IT Quiz to boost tech awareness among students from smaller towns

Business BureauBusiness

Tata Consultancy Services (TCS), in collaboration with the Department of Electronics, IT & BT, Government of Karnataka, has announced the launch of the 26th edition of its acclaimed TCS Rural IT Quiz. Recognized by the Limca Book of Records as India’s first IT quiz for rural students, the program aims to raise technology awareness among students from smaller towns and districts across the country. The quiz, part of the Bengaluru Tech Summit 2025, is open to students of Classes 8 to 12, excluding those from city corporation limits. It features online tests, virtual rounds, and physical quiz events, covering technology…