Latest news with #SandeepBhattacharya
Time of India
12-07-2025
- Business
- Time of India
Tata Steel executes first fully digital import transaction using e-Bill of Lading
Tata Steel completed its first paperless import transaction under a Letter of Credit, fully backed by digital processes, the company announced on Friday. The company carried out first digitized import shipment of coal using an Electronic Bill of Lading (eB/L) with full bank integration. In its efforts towards fully digitised and sustainable global trade, the company used eB/L for its coal import shipment from Queensland , Australia to Dhamra Port in Odisha , India. The transaction, backed by digital platform provider ICE Digital Trade's eBL solution, involved coordination between Tata Steel India, ICICI Bank , TS Global Procurement, and Standard Chartered Bank (Singapore). Electronic Bill of Lading (eB/L) is a digital version of the traditional paper document used in global shipping. Tata Steel aims to make its supply chain eco-friendly, as a step to fulfil its sustainability objective of achieving Net Zero by 2045. Live Events "This is a big step forward in making our supply chain smarter and more eco-friendly. By embracing eB/L, we are cutting through traditional bottlenecks and setting a new standard for how goods move globally. It reflects our commitment to building a supply chain that is not just efficient and secure, but also environmentally responsible," said Peeyush Gupta, Vice President - TQM, GSP & Supply Chain, Tata Steel. The digital transaction in imports and exports enables faster access to documents and higher compliance, the company said. 'This successful integration of banks and digital documentation marks a leap in trade finance. It enables faster access to documents, brings efficiency, and ensures higher compliance - everything a modern finance ecosystem needs," said Sandeep Bhattacharya, Vice President - Financial Control & Business Analytics, Tata Steel. By removing the need for physical courier services and paperwork, the new system significantly speeds up documentation and reduces risks. The company is taking several measures towards digitisation and environmental sustainability as it executed a blockchain-enabled, paperless trade transaction of steel export to a customer in UAE in 2021. Later in the year in November, the Company executed a blockchain-enabled paperless export order with a metals major in Bangladesh. Banks play a significant role in such transactions as overseas tech-enabled transactions pave the way for future foreign trade . 'The eB/L solution represents ICICI Bank's commitment to transform international trade through technology-driven innovation and strategic global partnerships, while adhering to industry-standard compliance. This is also part of our journey from Bank-to- Bank Tech—an evolution from a traditional bank to a tech-led Bank Tech institution," said Anubhuti Sanghai, Head of Transaction Banking, ICICI Bank. Digitisation of trade finance reduces timelines, eliminates risks and improves transparency in the process. 'The success of this landmark transaction marks a significant milestone in the digitisation of trade finance, significantly reducing timelines, eliminating risks and improving transparency. This achievement underscores our commitment to driving innovation and efficiency in global trade, while delivering greater speed, security and transparency to clients," said Maisie Chong, Global Head, Standard Chartered Bank. Tata Steel is working on more blockchain-based paperless transactions in geographies like Bangladesh, Europe, and the Middle East covering three different shipment modes - Road, Breakbulk, and Containers.
Time of India
10-05-2025
- Health
- Time of India
Yoga powerful partner in treatment of irritable bowel, finds KGMU study
Lucknow: Those suffering from irritable bowel syndrome, marked by stomach pain and unpredictable bowel problems, may find effective relief as a new study by King George's Medical University shows practice of yoga along with regular treatment can ease stomach symptoms and also reduce stress and anxiety. The study, published in International Journal of Yoga in Apr, concluded that yoga could make IBS symptoms feel less severe and help patients feel better. It highlights how regular yoga routine can improve physical health and mental well-being in people with IBS . IBS is a common syndrome comprising stomach pain, bloating, constipation, diarrhoea and frequent changes in bowel movements. Unlike other stomach diseases, IBS doesn't damage intestines but is linked to how the brain and stomach coordinate. "IBS is not a problem of only the digestive system," explained Prof Adarsh Tripathi, co-author and Professor of Psychiatry at KGMU, adding, "There is a strong brain-gut connection and psychological distress plays major role in how patients experience the symptoms." The research, titled 'Exploring the Impact of Yoga Intervention on Psychological Symptoms in Irritable Bowel Syndrome Patients: A Randomised Controlled Study', was conducted by experts from KGMU. The team comprised lead researcher Prof Sandeep Bhattacharya and Prof Sunita Tiwari from physiology department, Prof Adarsh Tripathi and gastroenterologist Prof Sumit Rungta. The study was a randomised, open-blinded trial where 165 IBS patients were divided into two groups: one received yoga along with conventional treatment while the other received only conventional treatment. Yoga was practised five times a week for three months. IBS severity, psychological symptoms (using DASS-21), body weight, BMI, and cortisol levels were measured before and after the intervention. Results from both groups were compared to assess the added effect of yoga. Each session included physical postures (asanas), breathing exercises (pranayama), and meditation. "We designed the yoga sessions to bring physical relaxation as well as mental calm," said Prof Sandeep Bhattacharya. "Our aim was to see whether yoga could help reduce stress that often triggers or worsens IBS symptoms." After three months, patients in the yoga group showed much better results. "Patients who practised yoga experienced a significant reduction in IBS symptom severity," said Bhattacharya. "They reported less abdominal pain, better digestion and overall improvement in daily functioning." The yoga group also had lower levels of stress and anxiety. While their depression scores didn't drop much, they felt better mentally. "Mental health improvements were encouraging," noted Prof Sunita. "Many patients shared they were sleeping better, feeling more relaxed and had a more positive outlook." Another positive result was weight loss and a lower BMI among yoga participants. Although cortisol levels—a hormone linked to stress—did not drop significantly, patients reported feeling less stressed overall. "Yoga is no replacement for medicines, but it can be a powerful partner," emphasised Prof Sumit Rungta. "Our findings suggest it can help patients manage physical discomfort along with emotional distress associated with IBS." They also advised patients to consult doctors before starting yoga and to follow a routine that suits their health needs. As Prof Bhattacharya summed up, "Our research shows that when it comes to IBS, healing the gut also means caring for the mind. Yoga offers a way to do both." Lucknow: Those suffering from irritable bowel syndrome, marked by stomach pain and unpredictable bowel problems, may find effective relief as a new study by King George's Medical University shows practice of yoga along with regular treatment can ease stomach symptoms and also reduce stress and anxiety. The study, published in International Journal of Yoga in Apr, concluded that yoga could make IBS symptoms feel less severe and help patients feel better. It highlights how regular yoga routine can improve physical health and mental well-being in people with IBS . IBS is a common syndrome comprising stomach pain, bloating, constipation, diarrhoea and frequent changes in bowel movements. Unlike other stomach diseases, IBS doesn't damage intestines but is linked to how the brain and stomach coordinate. "IBS is not a problem of only the digestive system," explained Prof Adarsh Tripathi, co-author and Professor of Psychiatry at KGMU, adding, "There is a strong brain-gut connection and psychological distress plays major role in how patients experience the symptoms." The research, titled 'Exploring the Impact of Yoga Intervention on Psychological Symptoms in Irritable Bowel Syndrome Patients: A Randomised Controlled Study', was conducted by experts from KGMU. The team comprised lead researcher Prof Sandeep Bhattacharya and Prof Sunita Tiwari from physiology department, Prof Adarsh Tripathi and gastroenterologist Prof Sumit Rungta. The study was a randomised, open-blinded trial where 165 IBS patients were divided into two groups: one received yoga along with conventional treatment while the other received only conventional treatment. Yoga was practised five times a week for three months. IBS severity, psychological symptoms (using DASS-21), body weight, BMI, and cortisol levels were measured before and after the intervention. Results from both groups were compared to assess the added effect of yoga. Each session included physical postures (asanas), breathing exercises (pranayama), and meditation. "We designed the yoga sessions to bring physical relaxation as well as mental calm," said Prof Sandeep Bhattacharya. "Our aim was to see whether yoga could help reduce stress that often triggers or worsens IBS symptoms." After three months, patients in the yoga group showed much better results. "Patients who practised yoga experienced a significant reduction in IBS symptom severity," said Bhattacharya. "They reported less abdominal pain, better digestion and overall improvement in daily functioning." The yoga group also had lower levels of stress and anxiety. While their depression scores didn't drop much, they felt better mentally. "Mental health improvements were encouraging," noted Prof Sunita. "Many patients shared they were sleeping better, feeling more relaxed and had a more positive outlook." Another positive result was weight loss and a lower BMI among yoga participants. Although cortisol levels—a hormone linked to stress—did not drop significantly, patients reported feeling less stressed overall. "Yoga is no replacement for medicines, but it can be a powerful partner," emphasised Prof Sumit Rungta. "Our findings suggest it can help patients manage physical discomfort along with emotional distress associated with IBS." They also advised patients to consult doctors before starting yoga and to follow a routine that suits their health needs. As Prof Bhattacharya summed up, "Our research shows that when it comes to IBS, healing the gut also means caring for the mind. Yoga offers a way to do both."
