New Odisha Age

Odisha’s Manikapatna Curd Nears GI Tag Recognition

Bhubaneswar: The famous Manikapatna curd from Odisha is set to receive a Geographical Indication (GI) tag, with the Odisha University of Agriculture and Technology (OUAT) finalising the application process. Officials said the GI recognition would formally acknowledge the unique identity and traditional preparation methods of the curd produced in Manikapatna, a coastal village in the…

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INDIA’S MOST AWAITED ENTERPRISE TECH CONCLAVE IS BACK!

Bhubaneswar: The Economic Times CIO is back with the 8th edition of the ETCIO Annual Conclave, returning to the Grand Hyatt, Goa, from 21–24 May 2026. India’s most influential residential summit for enterprise technology leaders will gather top CIOs and IT decision makers for four days of boardroom-grade content, hands-on masterclasses, sector tracks, and high-signal…

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India’s Energy Security Remains Stable Despite Global Market Concerns

Bhubaneswar: Amid growing geopolitical tensions and speculation about disruptions in global energy supplies, India’s energy security remains stable, backed by strong reserves, robust refining capacity, and diversified import sources. Contrary to alarmist narratives circulating in public discourse, data indicates that the country maintains a comfortable buffer to manage temporary shocks in the global oil market….

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Panic vs Reality: Fuel Rumours Test India’s Information Discipline

Bhubaneswar: As geopolitical tensions intensify in West Asia, anxieties about energy security are unsurprising. But the rapid spread of rumours about petrol and diesel shortages across social media illustrates a familiar problem in moments of global uncertainty: panic often travels faster than facts. India’s largest fuel retailer, Indian Oil Corporation, has categorically dismissed the circulating…

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Russia Ready to Reroute Crude to India as West Asia Tensions Threaten Oil Supply

Bhubaneswar: Russia is prepared to redirect crude oil shipments to India to help offset potential supply disruptions arising from the escalating conflict in West Asia, according to an industry source cited by Reuters. Around 9.5 million barrels of crude oil are currently aboard tankers near Indian waters and could be diverted to Indian refiners within…

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ORMAS Launches ‘Rangotsav-2026’ to Promote Safe Holi and Women’s Entrepreneurship

Bhubaneswar: The Odisha Rural Development and Marketing Society (ORMAS) has launched ‘Rangotsav-2026’ in Bhubaneswar, a week-long fair aimed at encouraging safe, eco-friendly Holi celebrations while strengthening women-led rural enterprises. The event showcases herbal abir (colours) prepared by women Self Help Groups (SHGs), alongside a diverse range of rural products including handicrafts, handloom items, and traditional…

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East India Company Closes Again, Enters Liquidation in 2025

The East India Company, once among the most powerful trading corporations in history, has shut down once again. Originally founded in 1600, the company played a central role in British colonial expansion in India before being formally dissolved in 1874. More than a century later, in 2010, businessman Sanjiv Mehta revived the historic name as…

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Odisha Reviews PMFME Scheme Progress, Focus on SHG to MSME Transition

Bhubaneswar: Odisha Chief Secretary Anu Garg on Wednesday emphasised the need for effective implementation of the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme during a state-level approval committee meeting convened to review its progress. Presiding over the meeting, Garg directed the MSME department to ensure convergence of PMFME with other government programmes…

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Odisha to Establish Dedicated Chandua Bazaar in Pipili to Revive Applique Craft Economy

Bhubaneswar: The Odisha government has announced the establishment of a dedicated Chandua Bazaar in Pipili to rejuvenate the traditional applique craft sector that has faced setbacks following the construction of the NH-316 bypass. Chief Minister Mohan Charan Majhi made the announcement during the presentation of the state budget, stating that the new market complex will…

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A Necessary Warning to Banks on Mis-selling Practices

Bhubaneswar: Finance Minister Nirmala Sitharaman’s sharp warning to banks against the mis-selling of financial products marks a critical intervention in India’s banking landscape. Her emphasis on prioritising core banking functions—such as lending and strengthening CASA (Current Account Savings Account) deposits—signals growing concern that banks are drifting away from their primary role as financial intermediaries. In…

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