Minister informs Assembly about coal royalty trends and future revenue challenges Bhubaneswar: Odisha has collected mining revenue worth ₹17,132.68 crore in the first five months of the current financial year up to August 31, 2025. Steel and Mines Minister Bibhuti Bhusan Jena informed the Assembly that the total mining revenue is expected to reach nearly ₹42,000…
Linde India’s Global Competency Centre in Khordha leads a wave of new investments across 13 sectors Bhubaneswar : The Odisha government has given the green light to fresh industrial investments worth ₹4,739 crore, with the potential to create more than 25,200 jobs across the state. The approvals came at the 140th meeting of the State…
Finance ministry official says reforms, resilience, and strong banking sector will drive India’s rise Bhubaneswar : India’s share in global GDP growth is projected to rise to 9 per cent by 2035, up from 6.5 per cent in 2024, according to M. Nagaraju, Secretary of the Department of Financial Services, Ministry of Finance. Speaking at…
Regional dialogue in New Delhi stresses resilience, nutrition, and inclusive food systems amid climate change Bhubaneswar : The International Food Policy Research Institute (IFPRI), in collaboration with the Indian Council of Agricultural Research (ICAR), unveiled the 2025 Global Food Policy Report (GFPR) for South Asia during a high-level regional dialogue in New Delhi. Titled “Food…
Major deposits identified in Deogarh and Keonjhar districts; extraction plans under consideration Bhubaneswar : Odisha has reported the discovery of significant gold reserves estimated at 1,996 kilograms in Deogarh and Keonjhar districts. The information was shared by Steel and Mines Minister Bibhuti Bhusan Jena in the state Assembly, highlighting the potential of Odisha as a…
42 industrial houses, including major corporates, default on dues from multiple river sources Bhubaneswar : The Odisha Assembly was informed that as many as 42 industrial houses, including some government organisations, have defaulted on water cess payments totaling ₹3,797.14 crore as of March 2025. The disclosure has raised concerns about the unchecked exploitation of the…
New partnerships to enhance skills, entrepreneurship, and safety of women across the state Bhubaneswar : In a significant step toward strengthening women-led self-help groups (SHGs), the Odisha government has signed four key Memorandums of Understanding (MoUs) under its flagship Mission Shakti initiative. The move aims to empower rural women through financial support, skill development, and…
Revised tax framework promises relief and clarity, yet industry preparedness will decide its true impact Bhubaneswar : The rollout of GST 2.0 has sparked both optimism and caution across India’s business landscape. In Odisha, the Utkal Chamber of Commerce and Industry Ltd (UCCI) recently convened an interactive session to decode the implications of the revised…
State agencies and MPEDA outline measures to safeguard exporters, enhance logistics, and tap new global markets Bhubaneswar : Odisha’s seafood sector, a critical contributor to the state’s export economy, is bracing for turbulent times following the United States’ decision to impose a steep 50% tariff on seafood imports. With frozen shrimp and fish forming the…
Coratia Technologies’ breakthrough in deep-tech robotics marks a milestone in India’s defence self-reliance drive Bhubaneswar: In a landmark achievement for India’s defence innovation ecosystem, Odisha-based deep-tech startup Coratia Technologies has signed a Rs 66 crore (\$7.5 million) contract with the Indian Navy to supply and maintain its indigenously developed Underwater Remotely Operated Vehicles (UWROVs). The…
