New Odisha Age

Union Cabinet Approves ₹5,000 Crore Equity Infusion into SIDBI to Strengthen MSME Credit

Bhubaneswar: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an equity infusion of ₹5,000 crore into the Small Industries Development Bank of India (SIDBI) to enhance credit availability for the Micro, Small and Medium Enterprises (MSME) sector. The equity support will be provided by the Department of Financial Services (DFS) in a…

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India Launches First Indigenous Runway Cleaning Vehicles, Boosting ‘Make in India’ Aviation Push

Bhubaneswar: India has taken a significant step towards aviation self-reliance with the launch of its first indigenously developed runway cleaning vehicles, reinforcing the Centre’s Make in India and Atmanirbhar Bharat initiatives. The advanced machines have been developed by Bengaluru-based Anlon Technology Solutions in collaboration with Switzerland’s Bucher Municipal, combining global expertise with domestic manufacturing. The…

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Odisha to Host Three-Day “Matsya–Pranee Samavesh Odisha (MPSO) 2026” Conclave in Bhubaneswar

Bhubaneswar: The Odisha government will host the three-day Matsya–Pranee Samavesh Odisha (MPSO) 2026 conclave from January 21 to January 23 at Janata Maidan in Bhubaneswar, with a focus on strengthening rural livelihoods through fisheries, animal husbandry, and rural entrepreneurship. Chief Minister Mohan Charan Majhi will inaugurate the conclave, which is being organised by the Fisheries…

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India’s Voice Resonates Strongly at Davos 2026: Ashwini Vaishnaw, Devendra Fadnavis

Bhubaneswar, India: Union Minister Ashwini Vaishnaw on Tuesday said India’s presence at the World Economic Forum (WEF) Annual Meeting 2026 in Davos is being strongly felt across all major platforms, with discussions on the country’s development trajectory and economic growth taking centre stage. Speaking from Davos, Vaishnaw said the Indian delegation is actively participating in…

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India–US Trade Talks May Face Hurdles Over Pulse Import Duties

Bhubaneswar: Trade negotiations between India and the United States could face fresh challenges amid differences over import duties on pulses, even as two American lawmakers have urged President Donald Trump to push for the withdrawal of India’s 30 per cent import tariff on lentils and peas. According to reports, the lawmakers have written to President…

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Koraput Pepper Finds Growing National and Global Markets

Koraput district, long recognised for its coffee plantations, is fast emerging as a notable centre for high-quality pepper cultivation, with the spice witnessing rising demand in both national and international markets. Pepper is currently grown across nearly 1,550 hectares in the district, where the unique agro-climatic conditions—marked by moderate temperatures, adequate rainfall, and rich soil—have…

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Sisir Saras Mela 2026 Records ₹30 Crore Turnover, Draws Over Five Lakh Visitors

Bhubaneswar: The Sisir Saras Mela-2026 concluded on a high note, registering a record business turnover of ₹30 crore and reaffirming its status as one of Odisha’s most significant platforms for rural and artisanal entrepreneurship. The fair attracted more than five lakh visitors over its duration, with around 400 stalls showcasing a wide range of handicrafts,…

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Silver Crosses ₹3 Lakh per Kg in India as Global Rally Accelerates

Bhubaneswar: Indian consumers are facing record-high silver prices, with the white metal now trading above ₹3 lakh per kilogram amid a sharp surge in global markets. Data shows silver prices have tripled over the past year, rising by nearly 204 per cent, driven by a combination of macroeconomic and geopolitical factors. Silver first breached the…

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Markets to Remain Open on Budget Day as Union Budget 2026 Is Tabled

Bhubaneswar: Indian equity markets will remain open for trading on Budget Day, with Finance Minister Nirmala Sitharaman scheduled to present the Union Budget 2026 on Sunday, February 1. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will conduct a full trading session, marking one of the most closely watched days in…

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Odisha Positions Itself as Eastern India’s Growth Engine at Kolkata Investors’ Meet Roadshow

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Saturday led a high-impact Odisha Investors’ Meet roadshow in Kolkata, positioning the state as a key driver of Eastern India’s next phase of industrial expansion and unlocking investment potential exceeding ₹1 lakh crore. The roadshow, attended by over 500 industry leaders, featured four sectoral roundtables and more…

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