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…
Focus on sustainable growth and Odia identity in economic roadmap Bhubaneswar: The Odisha government, in partnership with NITI Aayog, convened a Stakeholder Consultation Meeting on the Bhubaneswar-Cuttack-Puri-Paradip Economic Region (BCPPER), aiming to chart a future-ready growth plan for the state. The session, chaired by Development Commissioner Anu Garg, drew senior officials, industry leaders, academics, and…
Bio-enzyme solution promises durable, eco-friendly roads while reducing costs and carbon emissions Bhubaneswar : In a forward-looking step toward sustainable infrastructure, the Odisha government is exploring the use of Terrazyme, a bio-enzymatic soil stabilizer, to construct stronger, cost-effective, and eco-friendly roads. The initiative, if implemented, could reshape the state’s approach to infrastructure development while minimizing…
