Business News Northeast - Latest Business Northeast News & Updates

15 Jul

Gold futures upsurge on spot demand

Business CorrespondentBusiness, News

New Delhi, Gold prices rose by Rs 180 to Rs 97,955 per 10 grams in futures trade on Tuesday as speculators created new deals due to strong spot demand. On the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 180, or 0.18 percent, to Rs 97,955 per 10 grams, with a turnover of 11,595 lots. Analysts said fresh buying by participants led to the rise in gold prices. Globally, gold futures in New York rose 0.52 percent to $3,360.93 an ounce.

15 Jul

Insurance Awareness Committee launches the next phase of its national campaign, Sabse Pehle Life Insurance

Business BureauBusiness

India continues to grapple with a significant life insurance protection gap—one that has risen from 83% in 2019 to 87% in 2023, according to a December 2023 NIA study. The gap is even more pronounced among those aged 18–35, exceeding 90%. This growing vulnerability poses a serious threat to families’ financial security and aspirations. To address the challenge of penetration, the Insurance Awareness Committee representing all life insurers in India, has launched the next phase of its national campaign, Sabse Pehle Life Insurance. The initiative will continue to motivate every Indian, with renewed vigour, to make life insurance the foundation…

15 Jul

Nothing launches flagship Phone (3) and Headphone (1) in India, available nationwide from today

Business BureauBusiness

London-based tech brand Nothing has launched two major products in India—its flagship Nothing Phone (3) and debut over-ear Nothing Headphone (1)—with nationwide sales beginning today at 12 noon. These launches mark Nothing’s bold foray into flagship smartphones and high-end audio, combining intentional design with premium engineering. The Nothing Phone (3) introduces a modular design, pro-grade triple camera system, and a 6.67-inch AMOLED display with ultra-slim 1.87 mm bezels. Powered by the Snapdragon® 8s Gen 4 chipset, it features the unique Glyph Matrix for intuitive interaction and cinematic 4K 60fps video recording across all lenses. Prices start at ₹62,999, with exclusive…

14 Jul

Housing sales lapse 30% in MMR, Pune

Business CorrespondentBusiness, News

New Delhi: Housing sales in the Mumbai Metropolitan Region (MMR) and Pune overall declined 30 percent to 41,901 units in the April-June period this year, as consumer demand waned due to a surge in prices, according to PropTiger. Combined housing sales in MMR and Pune, two key property markets in Maharashtra, stood at 60,191 units in the same period a year ago. On Monday, housing brokerage firm PropTiger released data which showed that sales in India's eight major residential markets declined 14 percent to 97,674 units during April-June this year, as against 1,13,768 units in the same period last year.…

14 Jul

Spot sanction camps in Bilaspur ; Aadhar Housing Finance fuels affordable housing under PMAY-U 2.0

Business BureauBusiness

Aadhar Housing Finance Ltd., India’s leading low-income housing finance provider, is intensifying its mission to make homeownership accessible by launching Phase III of its Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) awareness drive in Bilaspur. From July 10 to 13, the company will organize PMAY Utsav and Spot Sanction Camps to simplify the home loan process for first-time buyers from economically weaker sections and low-income groups. The initiative offers on-the-spot home loan sanctions upon document verification, helps applicants determine eligibility, and educates them about subsidies of up to ₹1.80 lakh. The recently revived Credit Linked Subsidy Scheme (CLSS)…

12 Jul

TCS stock downfalls 2.51% after Q1 results

Business CorrespondentBusiness, News

New Delhi, Tata Consultancy (TCS) stock fell 2.51 per cent in Friday morning trade after the stock failed to show enthusiasm over its June quarter results. The heavyweight stock on the list is trading 2.43 per cent lower at Rs 3,300. On the NOC, it was down 2.51 per cent at Rs 3,297. Other IT stocks also remained under selling pressure, with shares of Infosys, Tech Mahindra, HCL Tech and Wipro seeing negative word of mouth. In the stock market, the 30-stock index closed 352.91 per cent lower at 82,837.37 and the 50-stock index closed 91.45 per cent lower at…

12 Jul

Screen Academy launch offers life-changing opportunity for aspiring filmmakers across India

Business BureauBusiness

For aspiring filmmakers with big dreams and limited means, there’s now a powerful new platform to turn ambition into reality. The Indian Express Group, in partnership with the Lodha Foundation, has launched Screen Academy — a not-for-profit initiative offering fully-funded postgraduate fellowships to exceptional students from leading film schools such as FTII Pune, SRFTI Kolkata, and Whistling Woods International, Mumbai. More than just financial aid, the Academy provides access to industry mentorship, internships, and masterclasses from cinema icons like Guneet Monga, Payal Kapadia, and Resul Pookutty. With a strong focus on inclusivity, it aims to empower creative voices from across…

12 Jul

Mahindra rolls out XUV 3XO REVX series from Rs 8.94 lakh, eyes compact SUV market surge

Business BureauBusiness

Mahindra & Mahindra Ltd. has unveiled the new XUV 3XO REVX series, starting at ₹8.94 lakh (ex-showroom), expanding its footprint in India’s competitive compact SUV segment. The launch follows the XUV 3XO’s record-breaking milestone of 1 lakh units sold in under a year, the fastest for any Mahindra SUV. The new REVX lineup—REVX M, REVX M(O), and REVX A—blends performance, style, and premium features. Powered by 1.2L mStallion engines (TCMPFi and TGDi), the models offer up to 96 kW power and 230 Nm torque. Key highlights include dual-tone roofs, black alloy wheels, leatherette seats, a panoramic sunroof, twin 26.03 cm…

11 Jul

Crude oil prices increase on spot demand

Business CorrespondentBusiness, News

New Delhi, Crude oil prices rose by Rs 26 to Rs 5,661 per barrel in futures trade on Friday as traders increased the size of their deals due to strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 26, or 0.46 per cent, to Rs 5,661 per barrel in a business turnover of 6,252 lots. Analysts said crude oil prices rose in futures trade as participants increased the size of their deals. Globally, West Texas Intermediate crude was trading 0.38 per cent higher at $66.95 per barrel in New…

11 Jul

Honda India Foundation strengthens skill development in Mizoram, enhances digital infrastructure at MYC

Business BureauBusiness

The Honda India Foundation (HIF) has launched the next phase of its flagship CSR initiative, Project Buniyaad – Aathmanirbharta Ka Aadhaar, in Mizoram. The event, held at the Mizoram Youth Commission (MYC) office in Aizawl, was graced by Mr. Lalnghinglova Hmar, Minister of State for Labour, Employment, Skill Development & Entrepreneurship, Sports & Youth Services, Excise & Narcotics, and Tourism, Government of Mizoram. This phase focuses on expanding skill development opportunities for youth, particularly in the hospitality sector, with assured job placements. To enhance the digital learning experience, HIF inaugurated three interactive smart boards at MYC classrooms, aiming to provide…