THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 27, 2025 The Department of Agriculture and Farmers Welfare, Government of Meghalaya, has achieved a historic milestone with the first-ever sea shipment of 15 metric tons of Meghalaya Ginger to Dubai’s Lulu Group. This landmark export, facilitated in collaboration with the Agricultural and Processed Food Products Export Development Authority (APEDA), underscores Meghalaya’s commitment to strengthening its ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 27, 2025 Punjab National Bank (PNB), one of India’s leading public sector banks, has urged customers to update their “Know Your Customer” (KYC) details by March 26, 2025, in compliance with Reserve Bank of India (RBI) guidelines. This requirement applies only to customers whose accounts were due for KYC updation as of December 31, 2024. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 27, 2025 HPL Electric & Power Ltd (“HPL”), a leading name in electrical equipment and smart meters, has reinforced its presence in the smart metering segment by launching India’s first “Wirepas-certified In-meter Gateway.” This innovation, developed in collaboration with global IoT connectivity provider Wirepas, integrates RF mesh technology into advanced metering infrastructure (AMI), streamlining electricity distribution ...

THEBUSINESSBYTES BUREAU MUMBAI, FEBRUARY 27, 2025 India’s pension assets under management (AUM) are projected to grow significantly, reaching ₹118 trillion by 2030, with the National Pension System (NPS) expected to contribute around 25%, according to DSP Pension Fund Managers. This growth is driven by shifting demographics and evolving financial habits. India’s elderly population is set to expand 2.5 times by ...

THEBUSINESSBYTES BUREAU PRAYAGRAJ, FEBRUARY 27, 2025 The just concluded Maha Kumbh Mela-2025 in Prayagraj has emerged as a major economic driver, contributing over Rs 3 lakh crore to Uttar Pradesh’s economy. The 45-day-long spiritual congregation, which culminated on Maha Shivratri, has significantly propelled the state’s journey towards achieving its ambitious $1 trillion economy target. On the final day of the ...

THEBUSINESSBYTES BUREAU GUWAHATI, FEBRUARY 27, 2025 The World Bank has reaffirmed its confidence in India’s economic trajectory, urging global investors to capitalize on the country’s growth potential. Speaking at the ‘,’ World Bank Country Director Auguste Tano Kouame dismissed concerns over short-term economic fluctuations,Advantage Assam 2.0 Business Summit calling India “the shining light in the world.” “If somebody is worried ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, FEBRUARY 25, 2025 Vedanta Aluminium, India’s largest producer of aluminium, has contributed to the development of a modern administrative facility for the District Athletic Association, Jharsuguda, reinforcing its commitment to nurturing sports and athletic talent in the region. As part of this initiative, the company provided INR 50 lakh to support the construction of the building, ensuring ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 24, 2025 Standard Chartered Bank on Monday announced the inauguration of a Priority Centre within its newly relocated Bhubaneswar branch at Rajmahal Square, here. This strategic expansion aims to enhance banking services for the city’s growing affluent population, underscoring the Bank’s commitment to providing bespoke wealth management solutions for professionals, entrepreneurs, and high-net-worth individuals (HNWIs). The ...

THEBUSINESSBYTES BUREAU BHUINPUR (KHORDHA), FEBRUARY 23, 2025 In a significant boost to Odisha’s industrial landscape, MAS Holdings, South Asia’s largest apparel manufacturer, laid the foundation stone for its ambitious apparel park at Bhuinpur in Khordha district of Odisha on Sunday. The groundbreaking ceremony, a key milestone in MAS Holdings’ expansion strategy, was attended by senior officials from the Odisha Government, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 22, 2025 Centurion University successfully hosted the DST-ANRF-sponsored National Conference on “Frontiers in Genetics and Genomics” on February 20–21, 2025, bringing together leading experts, researchers, and industry professionals to explore groundbreaking advancements in genome sequencing, gene editing, and molecular marker development. The conference was also sponsored by Genotypic Technology Pvt. Ltd., Bengaluru. The conference served as ...