Business News Northeast - Latest Business Northeast News & Updates

19 Apr

After New Zealand, Hong Kong bans passenger flights from India

editor0 CommentsBusiness, HealthCovid 19, health, Hong Kong, India

The Hong Kong government late Sunday activated an “emergency circuit breaker” and banned passenger flights from India for 14 days starting April 20 over concerns of the mutated coronavirus variant being transmitted from here. Other than India, the city administration has also prohibited flights from Pakistan and the Philippines. Hong Kong has become the second jurisdiction to restrict travellers from India after New Zealand suspended entry of travellers from here earlier this month. Why has Hong Kong banned flights from India, Pakistan and the Philippines? A spokesman for the Hong Kong government said late Sunday in a statement that confirmed cases involving the N501Y mutant…

19 Apr

Sony brings BRAVIA X80J Google TV series

editor0 CommentsBusinessBRAVIA X80J, SONY

Sony India launched the all-new X80J Google TV series with 4K Ultra HD LED display. The new X80J series offers world of entertainment with Google TV. Sony’s new TV series available in 189 cm (75), 165 cm (65), 140 cm (55), 126 cm (50) and 108 cm (43) for X80J series. The BRAVIA X80J televisions seamlessly integrates Google TV, allows browsing upto 700,000 movies and TV episodes from across streaming services. Viewers can simply talk to the TV using the Google Assistant without using the TV remote. The BRAVIA X80J lineup powered with Dolby Vision is an HDR solution that…

15 Apr

Amazon announces a USD 250 million fund focusing on digitising small, medium businesses in India

editor0 CommentsBusinessAmazon, Business, India

As part of the venture fund, Amazon has announced an investment in 'M1xchange' -- a startup focusing on invoice discounting marketplace exchange fr MSMEs established under the TReDS license (Trade Receivables Discounting System license). Amazon on Thursday announced a USD 250 million (about Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India. “Small and medium sized businesses are often the engine and the lifeblood of economies and I think it’s true in India as well. And we are very passionate about trying to enable…

15 Apr

Bangladesh foreign minister A K Abdul Momen says Amit Shah’s knowledge of Bangladesh is “limited”

editor0 CommentsBusiness, HealthAmit Shah, bangladesh, India, POLITICS

Responding to Union Home Minister Amit Shah’s comments that the poor people of Bangladesh come to India as they don’t have enough to eat in their own country, Bangladesh foreign minister A K Abdul Momen on Wednesday said that the minister’s knowledge of Bangladesh is “limited”. He also said such remarks are “unacceptable especially when relations between Bangladesh and India are so deep. Such remarks create misunderstanding.” Momen’s remarks came on Tuesday night when he was asked about Shah’s comments published in the Indian media. In comments to Bangladesh’s leading Bengali daily, Prothom Alo, the Bangladeshi minister said, “Prithibi-te onek…

14 Apr

Russian Deputy Chief Roman Babushkin describes India as a “trusted partner”

editor0 CommentsBusinessIndia, POLITICS, russia, world

Describing India as a “trusted partner”, Russia on Wednesday said there were no divergences or misunderstandings between the two countries and that it has “limited cooperation” with Pakistan based on “independent” relations. Deputy Chief of the Russian mission Roman Babushkin also welcomed the recent commitment by India and Pakistan to follow the 2003 ceasefire on the Line of Control and said these are “very important steps” for regional stability. At a joint media briefing with Babushkin, Russian ambassador Nikolay Kudashev criticised the Indo-Pacific strategy by the western countries describing it as “dangerous” and an effort to revive the cold war mentality. Babushkin…

13 Apr

Sony launches FX3 Full-Frame camera

editor0 CommentsBusinessILME-FX3, SONY

Sony India launched the FX3 (model ILME-FX3) camera that combines the best of Sony’s industry-leading digital cinema technology with advanced imaging features from Alpha mirrorless cameras to create the ultimate cinematic look. As the latest addition to Sony’s Cinema Line, the FX3 delivers a cinematic look and professional operability and reliability. The FX3 boasts first-class focus performance, optical image stabilisation, handheld shooting design and advanced heat dissipation for extended recording times. The FX3 comes in a compact, lightweight body that provides the performance and mobility to meet the growing demands of new age content creators. The FX3 flaunts Sony’s industry-leading…

13 Apr

SBI General Insurance and Uttarbanga Kshetriya Gramin Bank enters into Corporate Agency Agreement

editor0 CommentsBusinessCorporate Agency, SBI General Insurance, Uttarbanga Kshetriya Gramin Bank

A Corporate Agency Agreement has been signed between SBI General Insurance (one of the leading General Insurance companies in India) and Uttarbanga Kshetriya Gramin Bank (one of the key Banks in North Bengal) recently. Mr. Samir Chhabra, Head - Bancassurance, SBI General Insurance said, “Our alliance with Uttarbanga Kshetriya Gramin Bank is an important milestone in our journey to further strengthen our distribution of products and clientele in the region. With this tie-up, we hope to increase insurance penetration. Uttarbanga Kshetriya Gramin Bank, with its wide reach of over 142 Branches in the area will help us reach out to…

13 Apr

Amazon driven exports worth $3 billion

editor0 CommentsBusinessAmazon, msme

Amazon India announced that it has enabled cumulative exports worth $3 billion, digitized 2.5 million MSME and helped create nearly 1 million jobs in India till date. Last year at the inaugural Sambhav Summit, Amazon had announced an investment of $1 billion to digitally enable 10 million MSMEs, enable ecommerce exports worth $10 billion and create 1 million additional jobs in India between 2020 and 2025. The company is on track to fulfill these commitments. More than 2.5 million MSMEs work with Amazon in India including sellers, artisans & weavers, delivery & logistics service partners etc.Since January 2020 nearly 250,000…

12 Apr

India recorded 1,68,912 new Covid-19 cases in the last 24 hours, pushing the country’s caseload to over 1.35 crore.

editor0 CommentsBusiness, HealthCovid 19, health, India

India Coronavirus Cases Update: Here are the top Covid-related developments of the day. India recorded 1,68,912 new Covid-19 cases in the last 24 hours, the sixth record rise in seven days, pushing the country’s caseload to over 1.35 crore. The active cases have surpassed the 12-lakh mark, while the death toll increased to 1,70,179 with 904 daily new fatalities, the highest since October 18, the data updated at 8 am on Monday by the Union Health Ministry showed. Registering a steady increase for the 33rd day in row, the active cases have increased to 12,01,009 comprising 8.88 per cent of the total…

12 Apr

PropTiger releases ‘Real Insight – Q1CY21’ report

editor0 CommentsBusinessPropTiger

Online property brokerage firm PropTiger.com released its ‘Real Insight – Q1CY21’ report. The report indicated that various measures taken by the government at the centre as well as by several state governments to boost buyer confidence have started to show positive outcomes, with home sales in India’ eight prime residential markets showing a quarterly increase of 12% in the January-March quarter (Q1) of CY (calendar year) 2021 compared to Oct-Dec quarter of 2020. According to the report, builders sold a total of 66,176 homes in the primary market in the January-March quarter of 2021, a time marked with several state governments, including…