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 ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 22, 2025 Vedanta Group Chairman Anil Agarwal met Odisha Chief Minister Mohan Charan Majhi at Lokseva Bhavan on Saturday to discuss investment opportunities in the state. The meeting follows the recent Utkarsh Odisha – Make in Odisha Conclave 2025, where Agarwal had announced a massive Rs 1 lakh crore investment to establish an aluminium refinery and ...

THEBUSINESSBYTES BUREAU GUWAHATI, FEBRUARY 22, 2025 Reliance Consumer Products Ltd (RCPL), a leading FMCG and beverage company, has bolstered its presence in Northeast India with the inauguration of a state-of-the-art bottling plant in Guwahati, Assam. The facility, developed in collaboration with Assam’s prominent business house, Jericho, was inaugurated on Saturday by the Chief Minister of Assam, Dr. Himanta Biswa Sarma. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 22, 2025 The Tourism Department of the Odisha Government, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), is set to host the 6th edition of the Odisha Travel Bazaar from February 24-27, 2025, in Bhubaneswar. This prestigious event aims to position Odisha as a leading tourism destination, attracting both domestic and ...