Business News Northeast - Latest Business Northeast News & Updates

01 Aug

GST collection increase 7.5% to ₹1.96 lakh crore in July

Business CorrespondentBusiness, News

New Delhi, Gross GST collections rose 7.5 percent to around Rs 1.96 lakh crore in July due to an increase in domestic revenue. Gross Goods and Services Tax (GST) collections stood at Rs 1.82 lakh crore in July 2024. The collection was Rs 1.84 lakh crore in the previous month. Gross domestic revenue rose 6.7 percent to Rs 1.43 lakh crore, while import taxes rose 9.5 percent to Rs 52,712 crore. GST refunds rose 66.8 per cent year-on-year to Rs 27,147 crore. Net GST revenue stood at Rs 1.69 lakh crore in July 2025, showing a growth of 1.7 percent…

01 Aug

CEAT rolls out ROCKRAD tyres for mining sector, eyes radialisation push

Business BureauBusiness

Tyre major CEAT has launched ROCKRAD, its first radial tyre specifically designed for the mining sector, marking a strategic leap into one of the most demanding tyre application segments. The new tyre is engineered to tackle rough terrains and extreme load-haul operations, reinforcing CEAT’s credentials in the Truck and Bus Radial (TBR) space. Tested extensively across Barbil’s mining sites in Odisha and rugged Indonesian landscapes, the ROCKRAD is tailored for durability, superior grip, and extended mileage. Its innovative S-Type tread pattern enables optimal pressure distribution, while a specially formulated sidewall compound provides high cut resistance without compromising flexibility. ROCKRAD will…

01 Aug

BSA unveils Scrambler 650 and Bantam 350, rekindles classic spirit with modern power

Business BureauBusiness

British motorcycle icon BSA has launched two striking new models — the Scrambler 650 and Bantam 350 reimagining its classic legacy for modern riders. This global launch signals a renewed thrust into premium retro-motorcycling, combining heritage styling with advanced engineering. The Scrambler 650, powered by a 652cc single-cylinder liquid-cooled engine, produces 45PS and 55Nm torque, promising rugged versatility across terrains. It features premium components such as Brembo brakes, Pirelli Scorpion Rally STR tyres, dual-channel ABS, and a 5-speed transmission. Designed for thrill-seekers, it’s available in Thunder Grey, Raven Black, and Victor Yellow. In contrast, the Bantam 350 revives post-war nostalgia…

31 Jul

Hitachi Energy Q1 result: Net profit gain nearly 13-fold to ₹132 crore; revenue up 15%

Business CorrespondentBusiness, News

Hitachi Energy on Wednesday, July 30, reported that its profit after tax (PAT) grew nearly 13-fold to ₹131.6 crore in the first quarter of FY 2025-26 (Q1 FY26). The company had posted a profit of ₹10.4 crore in the same period a year ago. The tech company said in a regulatory filing that the rise in its profit was driven by effective execution of high-margin orders, continued operational excellence, good product mix and growth in exports. During the quarter under review, the energy company's operating revenue stood at ₹1,529.8 crore, marking a 15.3% year-on-year growth from ₹1,327.3 crore in the…

30 Jul

India’s electricity demand to rose 4% in 2025: IEA

Business CorrespondentBusiness, News

New Delhi, India's electricity demand is expected to grow modestly by 4 per cent in 2025, after consumption slows due to cool summer temperatures in the first half of the year and peak load shifts to September, the International Energy Agency (IEA) has said. In its mid-year update on electricity, the IEA said global electricity demand is growing far faster than forecast for the 2025-2026 period over the past decade, but electricity demand in China and India is expected to grow more slowly in 2025 than the rapid growth seen in 2024. "Electricity demand in India is forecast to grow…

30 Jul

Campus Activewear unveils new sneaker collection and expands women’s portfolio at Annual Retailer Meet 2025

Business BureauBusiness

Campus Activewear Ltd., one of India’s leading Sports and Athleisure brands, hosted its Annual Retailer Meet 2025 in Chas, bringing together over 250 retail partners from the region. Organised in collaboration with Channel Partner, Ishtiaque Khan (New Grand Shoe), the event was themed “Move Together, Grow Together” – rooted in Campus’ brand philosophy “Move Your Way” and reaffirming its belief in co-creating progress with its extensive retail network. Celebrating the deep trust and everyday connection between brand and partners, the meet spotlighted its newest innovations and strategic focus areas. Retailers were equipped with insights to better serve evolving consumer needs,…

30 Jul

Royal Stag BoomBox drops ‘Sajna Mera’: Neeti Mohan, Panther & Ravator redefine modern love in melody-hip hop fusion

Business BureauBusiness

Royal Stag BoomBox, in collaboration with Universal Music Group, has unveiled its second track of the season — Sajna Mera — a bold and emotional fusion of melody and hip-hop featuring Neeti Mohan, Panther, and Ravator. Released across all major streaming platforms, the song is part of the Royal Stag BoomBox Originals initiative, known for bringing together distinct musical styles to create the “Original Sound of Generation Large.” Described as a vibrant take on modern love, Sajna Mera explores the emotional complexity of relationships through a unique collaboration. “It’s pure emotion wrapped in attitude,” said singer Neeti Mohan. Panther added…

29 Jul

Digital payments in India gain by 10.7%

Business CorrespondentBusiness, News

Mumbai, Digital payments across the country recorded a year-on-year growth of 10.7 percent till March 2025, according to the RBI's index that measures the adoption of online transactions. The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India-Digital Payments Index (RBI-DPI) from January 1, 2021, with March 2018 as the base year to reflect the extent of digitalisation of payments across the country. The index for March 2025 is 493.22, while it was 465.33 for September 2024 and 445.5 for March 2024, RBI said in a statement. According to the half-yearly data, "the increase in…

29 Jul

Northeast real estate on the rise; Byatikram Conclave 2.0 showcases urban growth surge

Business BureauBusiness

The Byatikram Real Estate Conclave 2.0, hosted on 25th July 2025 at Hotel Vivanta, Guwahati, brought together key stakeholders to spotlight the dynamic growth of Northeast India’s real estate sector. Organized by Byatikram Group in association with The Times of India, and powered by SRMB and NEDFi, the event was supported by SBI, Ambuja Neotia, Sree Balaji Panthaniwas, and IDFC First Bank. The conclave was actively promoted by media partners Mirchi 95, Prag News, Eastern Chronicle, Shiv Media, and Byatikram Digital. The event began with a ceremonial lamp lighting graced by dignitaries including Prof. (Dr.) H.P. Agarwal (Royal Global University);…

29 Jul

Made-in-India Nissan Magnite Achieves 5-Star Safety Rating: A New Benchmark in Compact SUVs

Business BureauBusiness

The Made-in-India New Nissan Magnite has achieved a significant milestone by securing a 5-star overall passenger safety rating from the Global New Car Assessment Programme (GNCAP). The right-hand drive (RHD) version, manufactured at Nissan’s Chennai facility, scored a perfect 5-star for Adult Occupant Protection (AOP) and 3-star for Child Occupant Protection (COP), making it one of the safest SUVs in India and South Africa. Built on the enhanced CMF-A+ platform, the Magnite features over 40 standard safety elements including six airbags, ABS with EBD, electronic stability control, traction control, and hydraulic brake assist. Its body structure incorporates 67% high tensile…