The Business Bytes

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 1, 2025 Goods and Services Tax (GST) collections for January soared 12.3% year-on-year to ₹1.96 lakh crore, driven by higher economic activity, according to official data released on Saturday. The revenue breakdown includes ₹1.47 lakh crore from domestic transactions and ₹48,382 crore from imports. This marks a significant uptick from December’s collections of ₹1.77 lakh ...

THEBUSINESSBYTES BUREAU PRAYAGRAJ, FEBRUARY 1, 2025 As the sacred rivers Ganges, Yamuna, and Saraswati merge at Prayagraj, millions of devotees gather for Maha Kumbh 2025, a spiritual journey that embodies faith, devotion, and self-discovery. However, the pilgrimage comes with its challenges. To ease the journey and enhance the experience for devotees, Reliance Industries Limited has introduced ‘Teerth Yatri Seva,’ a ...

THEBUSINESSBYTES BUREAU RANCHI, FEBRUARY 1, 2025 The Ranchi regional round of the NTPC Electron Quiz 2025, organized by NTPC Mining Limited, witnessed enthusiastic participation from around 80 teams representing premier engineering and management institutes across Jharkhand. After a fiercely contested battle of intellect covering technology, energy, and current affairs, Shamyak and Anurag from NIT Jamshedpur clinched the top spot. Aniket ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 1, 2025 The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman under the Modi 3.0 government on Saturday, charts a path for accelerated economic growth while maintaining fiscal discipline. With a strong focus on inclusive development, the budget seeks to boost private sector investments, enhance the spending power of India’s growing middle class, and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 31, 2025 IndiGo, India’s leading airline, has significantly increased its flight and seat capacity to and from Prayagraj Airport in response to the soaring demand during the Maha Kumbh Mela 2025, which began on January 13 and will continue until February 26, 2025. Initially, the airline had planned a major capacity boost, but in light of ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 31, 2025 Reliance Jio actively participated in National Road Safety Month by launching impactful awareness campaigns across Odisha under its “PARWAAH” initiative. This campaign reinforced the importance of road safety, urging individuals to be responsible for their own well-being and that of others. The month-long initiative was inaugurated by Pradeep Rout, State Business Head, Reliance Jio ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 31, 2025 “Our hectic lifestyles often lead to poor health choices. Small changes, like swapping processed snacks for natural options such as almonds, can make a big difference,” said Dr. Rohini Patil, a renowned Nutritionist, at an insightful session hosted by the Almond Board of California. Held at a private hotel here in the city, the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 30, 2025 Paradeep Phosphates Limited (PPL), a leading fertilizer manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs. 4,000 crore over the next five years. This strategic initiative aims to enhance phosphatic fertilizer manufacturing capacity, integrate key raw materials, and develop infrastructure, including port and jetty facilities. The MoU ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 30, 2025 Ferro Alloys Corporation Ltd. (FACOR) made a powerful impression at the Utkarsh Odisha – Make in Odisha Conclave 2025, held from January 28 to 30 at Janata Maidan, Bhubaneswar. The prestigious event, aimed at showcasing Odisha’s potential as a global manufacturing powerhouse, provided FACOR with an ideal platform to highlight its industrial prowess and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 29, 2025 Odisha Chief Minister Mohan Charan Majhi on Wednesday assured investors that his government will establish a dedicated mechanism to ensure the swift implementation of the Memorandums of Understanding (MoUs) and investment intents secured at the Utkarsh Odisha – Make in Odisha Conclave 2025. The two-day conclave witnessed the signing of 145 investment-related MoUs worth ...