The Business Bytes

New Delhi, September 17, 2024 (TBB Bureau): Wholesale inflation reached a four-month low of 1.31% in August, driven by falling prices of vegetables and fuel, despite significant increases in onion and potato prices, according to data released on Tuesday. This marks the second consecutive month of declining wholesale price index (WPI) inflation, following a peak of 3.43% in May. In ...

Ranchi, September 17, 2024 (TBB Bureau): NTPC Coal Mining Headquarters is launching its Swachhta Pakhwada 2024, running from September 17 to October 2, as part of a nationwide initiative by the Indian government to promote cleanliness and sanitation across various sectors. The event commenced on Tuesday with the administration of the Swachhta Pledge by Animesh Jain, Regional Executive Director (Coal ...

Paradip, September 17, 2024 (TBB Bureau): The Paradip Port Authority (PPA) has kicked off its observance of “Swachhta Hi Seva” with a Swachhata Pledge administered by DN Sondhi, FA & CAO, PPA. The pledge was taken by Heads of Departments (HoDs) and Deputy HoDs at the PPA Administrative Building. The Environment Cell of Paradip Port also launched a plantation drive ...

New Delhi, 17 September 2024 (TBB Bureau): NMDC Ltd., India’s largest iron ore producer and a Navratna public sector enterprise, has unveiled a substantial ₹2,200 crore capital expenditure plan for FY25. This investment is set to fund the construction of a new slurry pipeline and processing plants, with the goal of ramping up the company’s production capacity to 100 million ...

Bhadrak, September 17, 2024 (TBB Bureau): Ferro Alloys Corporation Limited (FACOR), a leading name in the production of High Carbon Ferro Chrome and Charge Chrome, has made a significant advancement in its sustainability efforts. On the occasion of Lord Viswakarma Puja, FACOR launched a new electric vehicle (EV) designated for its Quick Response Team (QRT) at its Bhadrak facility. This ...

Bhubaneswar, September 17, 2024 (TBB Bureau): Prime Minister Narendra Modi inaugurated railway and national highway projects valued at over Rs 3,800 crore on Tuesday, commemorating 100 days of the NDA government 3.0. During his address, Modi launched the Odisha government’s ‘Subhadra Yojana,’ a financial assistance initiative aimed at empowering women, which he described as crucial for the state’s development. He ...

NEW DELHI, SEPTEMBER 16, 2024 (TBB BUREAU):  Finance Minister Nirmala Sitharaman is set to unveil the New Pension Scheme (NPS) ‘Vatsalya’ in New Delhi on September 18. The launch event will include participation from schoolchildren and will be mirrored by similar events at approximately 75 locations across India. Introduced in the Union Budget 2024, the ‘Vatsalya’ scheme enables parents to ...

NEW DELHI, SEPTEMBER 16, 2024 (TBB BUREAU): Jindal Steel and Power Ltd, in partnership with Jindal Renewables, has unveiled plans for India’s largest green hydrogen investment by a domestic steelmaker. The collaboration was formalized through a Memorandum of Understanding (MoU) aimed at driving decarbonization and establishing leadership in green energy within India’s steel sector. The agreement outlines Jindal Steel’s strategy ...

BHUBANESWAR, SEPTEMBER 16, 2024 (TBB BUREAU): In a landmark event set to bolster Odisha’s railway infrastructure, Prime Minister Narendra Modi will lay the foundation stone and dedicate several significant railway projects in the state on Tuesday. With a combined investment of Rs 2,871 crore, these initiatives are designed to enhance rail connectivity, alleviate congestion on crucial routes, and foster socio-economic ...

Bongaigaon, September 16, 2024 (TBB Bureau):  NTPC Bongaigaon, in partnership with the NTPC Executive Association of Bongaigaon (NEAB), celebrated Engineers’ Day with fervour, honouring the legacy of the eminent engineer Sir M. Visvesvaraya. The event began with floral tributes to Sir M. Visvesvaraya, led by Debabrata Kar, GM (O&M), in the presence of Asutosh Biswas, GM (Operation), Sanjay Deb Barman, ...