India Needs More World-Class Banks, Says Finance Minister Nirmala Sitharaman

Bhubaneswar: Union Finance Minister Nirmala Sitharaman has said that India requires a greater number of large, world-class banks to meet the country’s growing economic ambitions and support its expanding financial ecosystem. Speaking at a recent event, the Minister said that the government is in discussions with the Reserve Bank of India (RBI) and various financial…

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Bhubaneswar to Get Dedicated ‘Gupchup Market’ for Hygienic Street Food Experience

Bhubaneswar: In a first-of-its-kind initiative, the Bhubaneswar Municipal Corporation (BMC) is setting up a dedicated ‘Gupchup Market’ in the city to offer residents a clean, organised, and safe space to enjoy one of Odisha’s favourite snacks — gupchup (pani puri). The project, launched as a pilot initiative, aims to streamline roadside vending and ease traffic…

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India’s Grand Wedding Season Set to Add ₹6.5 Lakh Crore to the Economy

Bhubaneswar: As winter sets in, India’s most celebrated season — the wedding season — is back in full swing. Over the next three months, the country is expected to witness nearly 46 lakh weddings, driving a massive ₹6.5 lakh crore boost to the economy, according to estimates from industry associations. From luxury hotels to small…

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PM Modi Flags Off Ernakulam–Bengaluru Vande Bharat Express, Boosting Southern Connectivity

Bhubaneswar: In a significant step toward improving inter-state rail connectivity in southern India, Prime Minister Narendra Modi on Saturday flagged off the Ernakulam–KSR Bengaluru Vande Bharat Express, the first inter-state semi-high-speed train service linking Kerala, Tamil Nadu, and Karnataka, the Southern Railway announced. Officials said the new service is expected to strengthen business, educational, and…

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Paradip Poised to Become Eastern India’s Growth Engine: CM Majhi Announces ₹40,000-Crore Green Hydrogen Hub

Bhubaneswar: Odisha is set to script a new industrial chapter with Paradip at its centre, as Chief Minister Mohan Charan Majhi on Monday unveiled plans to develop the port city into a critical industrial and logistics hub for eastern India. The announcement came alongside the launch of a ₹40,000-crore Green Hydrogen Hub, one of only…

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Subhadra Shakti Mela 2025 Showcases India’s Women Entrepreneurs in a Vibrant Celebration of Craft and Culture Bhubaneswar, October 29:

Bhubaneswar: The “Subhadra Shakti Mela 2025”, Odisha’s flagship exhibition celebrating women’s entrepreneurship, has expanded into a truly national event this year. The fair, known for empowering women artisans and small-scale entrepreneurs, is witnessing participation from nine other states — Chhattisgarh, Jharkhand, Madhya Pradesh, Gujarat, Punjab, West Bengal, Telangana, Andhra Pradesh, and Assam. The event grounds…

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U.S. Faces Growing Fiscal Strain as Budget Deadlock Threatens Government Operations

Bhubaneswar, India: The world’s largest economy is once again grappling with a severe budget crisis, as political deadlock in Washington raises fears of a potential government shutdown. Negotiations between the administration and Congress have stalled over spending priorities, leaving thousands of federal workers anxious about delayed paychecks and uncertain job schedules. If a deal is…

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Tata Hitachi to Showcase Innovation at the IME 2025 in Kolkata

Kolkata: Tata Hitachi, a leading name in the construction and mining equipment industry, is participating in the International Mining, Equipment, and Minerals Exhibition (IME) 2025, currently being held at Biswa Bangla Mela Prangan, Kolkata from 30th October till 2nd November 2025. At IME 2025, Tata Hitachi’s participation underscores its commitment to driving sustainable mining practices within the sector….

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India Set to Recalibrate Russian Oil Imports as US Imposes Sanctions on Rosneft and Lukoil

Bhubaneswar, India: India is preparing to scale back imports of Russian crude oil following fresh US sanctions on Moscow-backed producers Rosneft and Lukoil, a move that could reshape global energy trade and ease a key hurdle in the long-pending India–US trade deal, sources told Reuters. The sanctions, announced by US President Donald Trump and enforced…

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