The Business Bytes

New Delhi, August 9, 2024 (TBB Bureau):  India’s steel industry has experienced a remarkable surge, with crude steel production skyrocketing by over 35 million tonnes in the last four years. Production rose from 109.14 million tonnes in 2019-20 to an impressive 144.30 million tonnes in 2023-24, the government revealed in Parliament on Friday. Minister of State for Steel and Heavy ...

New Delhi, August 8, 2024 (TBB Bureau): Union Minister of State (Independent Charge) for Science and Technology, Jitendra Singh, declared that the Bio-Economy and Space Economy will be central to India’s future growth during the launch of the ‘Impact Report 2024’ on the National Biopharma Mission. The event, held at the Dr. Ambedkar International Centre, marked a five-year milestone for ...

BONGAIGAON, AUGUST 8, 2024 (TBB BUREAU):  NTPC Bongaigaon recently hosted a group of 80 Assam Civil Service (ACS) probationers for an in-depth learning and familiarization visit, organized in collaboration with the District Administration of Kokrajhar. This initiative aimed to provide the probationers with a comprehensive understanding of the power plant’s operations and its pivotal role in both the national economy ...

BARBIL, AUGUST 8, 2024 (TBB BUREAU):  The Odisha Mines Division of JSW Steel marked the 94th birth anniversary of its founder, Shri Om Prakash Jindal, with a floral tribute on Wednesday. Employees from all four mines participated in the heartfelt homage to the legendary industrialist and philanthropist. At the Bhadrasahi office, the tribute was led by Prasanna Panda, Business Head ...

Mumbai, August 8, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has decided to maintain its benchmark interest rate at 6.50% for the ninth consecutive policy meeting, underscoring its continued focus on curbing persistent food inflation and ensuring economic stability. In its latest announcement, the Monetary Policy Committee (MPC) — comprising three RBI officials and three external members — ...

BHUBANESWAR, AUGUST 8, 2024 (TBB BUREAU):  CSM Tech, a leading Indian IT firm with a strong footprint in Africa, is poised to bring significant advancements to governance in The Gambia through the deployment of an advanced Human Resources Management Information System (HRMIS). In a landmark achievement, CSM Tech has been awarded a contract by the Gambian Ministry of Finance & ...

ANGUL, AUGUST 7, 2024 (TBB BUREAU): Jindal Steel & Power (JSP) commemorated the 94th birth anniversary of its founder, Om Prakash Jindal (Bauji), with deep reverence at its Angul plant and surrounding areas. The commemoration featured a blood donation camp, where employees and associates contributed 183 units of blood. Angul Location Head and Executive Director In-Charge, Pankaj Malhan, and Executive ...

BHUBANESWAR, AUGUST 7, 2024 (TBB BUREAU): The Indian Council of Medical Research (ICMR) has launched a groundbreaking National Health Research Priority Project aimed at advancing emergency care systems across five districts, including Puri in Odisha. The initiative, announced by AIIMS Bhubaneswar Executive Director Dr. Ashutosh Biswas, seeks to create a High-Quality Patient-Centric Integrated Model for Emergency Care Systems. The project ...

THE sudden ouster of Sheikh Hasina as Bangladesh’s Prime Minister has sent shockwaves through the subcontinent, with implications that stretch far beyond the borders of this besieged nation. As the dust settles on the violent protests that led to her resignation, a stark reality emerges: the tremors of this political earthquake will be felt acutely in India’s corridors of power ...

Ranchi, August 4, 2024 (TBB Bureau): In a noteworthy effort to bolster environmental conservation, the NTPC Swayamsidha Ladies Club undertook a significant tree plantation drive at Dungri village, Ranchi, under the guidance of Rekha Jain, President of the Club. This initiative aligns with the timeless adage, “He who plants a tree, plants a hope,” reflecting the critical role of tree ...