Business

Khadi Products Reach Milestone Sales of ₹12 Crore at Mahakumbh 2025

Published

1 year ago

March 10, 2025

The Khadi and Village Industries Commission (KVIC), operating under the Ministry of Micro, Small & Medium Enterprises (MSME), successfully hosted a national-level exhibition during the Mahakumbh, which took place from January 14 to February 27, 2025. This event achieved remarkable success, generating historic sales of Khadi products totaling ₹12.02 crore.

Manoj Kumar, the Chairman of KVIC, announced that the exhibition showcased 98 Khadi stalls alongside 54 village industry stalls, resulting in sales comprising ₹9.76 crore in Khadi items and ₹2.26 crore in products from village industries.

In support of the ‘New Khadi for New India’ initiative, Kumar distributed 2,050 bee boxes, honey colonies, and toolkits to 205 beekeepers across six states through a video conference from KVIC’s office in Rajghat, Delhi. Emphasizing the alignment with Prime Minister Narendra Modi’s vision to promote the ‘Sweet Revolution’ in rural India, the KVIC has launched the ‘Honey Mission’ aimed at supplying bee colonies and boxes to beekeepers.

While addressing artisans, he recalled PM Modi’s call for a ‘Sweet Revolution’ during his visit to Deesa in Banaskantha, Gujarat, in 2016, alongside the ‘White Revolution.’ Taking inspiration from this vision, KVIC initiated the ‘Honey Mission’ in 2017, benefiting over 20,000 individuals with the distribution of 200,000 bee boxes and colonies to date.

Kumar highlighted the significant progress in the Khadi sector over the past decade, noting that sales of Khadi and village industry products have soared fivefold, increasing from ₹31,000 crore to ₹1,55,000 crore. Notably, Khadi garment sales alone have experienced a sixfold growth, climbing from ₹1,081 crore to ₹6,496 crore, and over the last financial year, an impressive 10.17 lakh new jobs were created.

He further pointed out that the income of Khadi artisans has grown by 213 percent in the last ten years, with women making up more than 80 percent of employment in the sector.

Business

Opendoor Shuts Down India Operations, 250 Employees Affected

Published

1 day ago

June 11, 2026

Namma Kudla

Business: US-based real estate technology company Opendoor has decided to close its operations in India. The move will impact nearly 250 employees.

CEO Kaz Nejatian said the company is bringing operational roles closer to its customers in the United States. He explained that most of Opendoor’s customers are based in America.

The company said the decision is not related to the performance of its India team. Nejatian praised the employees for their hard work and contributions.

Affected workers will receive severance pay, job placement support, and other assistance. A small number of employees will stay temporarily to help with the transition.

Opendoor said it will continue focusing on simplifying operations and improving efficiency with new technology and AI.

Business

Domestic LPG Cylinder Price Increased by Rs 29

Published

5 days ago

June 7, 2026

Namma Kudla

New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

Business

Honda Begins Delivery of 2026 City Hybrid

Published

1 week ago

June 3, 2026

Namma Kudla

Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.