Company plans to challenge the order; cites ongoing High Court stay on similar demand from last year Bhubaneswar : In a major development, the Odisha government has raised a demand of ₹2,410.89 crore against Tata Steel Ltd over an alleged shortfall in chrome ore dispatch from its Sukinda Chromite Block in Jajpur district for the…
Move aligns with state’s Data Centre Policy 2022, boosting digital ecosystem Bhubaneswar : In a major boost to Odisha’s technology infrastructure, software giant Zoho Corporation has announced plans to establish a new data centre in Khordha with an investment of ₹306 crore. The development comes after the state government approved the proposal under the Odisha…
Rs 20,000 crore expansion project positions Odisha as India’s steelmaking powerhouse Bhubaneswar : Jindal Steel has commissioned a state-of-the-art Basic Oxygen Furnace (BoF) with a capacity of 3 million tonnes per annum (MTPA) at its Angul plant in Odisha, marking a major milestone in the company’s ambitious expansion plan. The development, part of a Rs…
Godabarisha Adarsha Vidyalaya scheme to boost quality education at gram panchayat level Bhubaneswar : The Odisha cabinet approved an outlay of Rs 12,000 crore for setting up 2,200 model schools under the Godabarisha Adarsha Vidyalaya (GAV) scheme. The ambitious project will be implemented over three years, from 2025-26 to 2027-28, with the goal of revamping…
Odisha-born banker to succeed M Rajeshwar Rao, bringing regulatory expertise to central bank’s top team Bhubaneswar : The Narendra Modi government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India (RBI) for a three-year term, officials confirmed. Murmu, a native of Odisha, will succeed M Rajeshwar Rao, whose extended tenure…
Move to benefit thousands of state PSU staff, effective from January 1, 2025 Bhubaneswar : Chief Minister Mohan Charan Majhi has approved a 2% hike in Dearness Allowance (DA) for employees of state-run Public Sector Undertakings (PSUs) in Odisha. With this decision, the DA for PSU employees will rise from 53% to 55%. The order,…
Indigenous telecom rollout to connect over 26,700 villages, including 2,472 in Odisha; Semiconductor park also announced for the state Bhubaneswar : Prime Minister Narendra Modi on Saturday inaugurated Bharat Sanchar Nigam Limited’s (BSNL) ‘Swadeshi’ 4G network from Jharsuguda, Odisha, marking a milestone in India’s march toward digital self-reliance. The launch coincided with BSNL’s silver jubilee…
State eyes chemicals, petrochemicals, semiconductors, and shipbuilding while reinforcing strengths in metals and mining Bhubaneswar : Odisha is preparing for a major transformation of its industrial landscape, with the government prioritising diversification beyond its traditional reliance on metals and mining. Industries and Skill Development & Technical Education Minister Sampad Chandra Swain has outlined an ambitious…
New port in Ganjam to boost trade capacity; shipbuilding cluster planned in Kendrapara with ₹24,700-crore investment Bhubaneswar: Odisha is set to add a new milestone to its maritime journey with the establishment of a greenfield deep-sea port at Bahuda in Ganjam district. The ambitious project, estimated at ₹21,500 crore, is expected to transform the state’s…
E-commerce giant aims to double delivery speed, onboard more sellers, and generate jobs through enhanced logistics network in the state Bhubaneswar : Amazon India has taken a major step to strengthen its footprint in eastern India with the launch of a new fulfilment centre in Odisha. The facility, announced, is expected to more than double…
