New Odisha Age

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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Budget 2026 May Introduce Optional Joint Tax Returns for Married Couples

Bhubaneswar: Married couples in India may soon have the option to file a single, joint income tax return instead of two separate filings, as the government considers a significant reform ahead of Budget 2026. The proposal, still under deliberation, would introduce optional joint taxation for spouses—an approach followed in countries such as the United States…

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JSW Group Deepens Odisha Footprint with Third Mega Steel Plant as HLCA Clears ₹55,783-Crore Investments

Bhubaneswar: Odisha’s industrial landscape is set for a major expansion with the High-Level Clearance Authority (HLCA), chaired by Chief Minister Mohan Charan Majhi, approving seven large-scale projects involving a total investment of ₹55,783 crore. The approvals underscore the state’s growing appeal as a hub for capital-intensive manufacturing across metals, advanced materials, and high-technology sectors. Anchoring…

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India Overtakes China to Become World’s Largest Rice Producer

Bhubaneswar: India has emerged as the world’s largest rice producer, surpassing China and underscoring the scale, resilience, and diversity of its agrarian economy. With total rice production estimated at 1,245.04 lakh tonnes, the milestone reflects strong performance by several high-output states supported by favourable agro-climatic conditions and sustained policy backing. Agriculture officials attribute India’s rise…

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IndiQube Expands to Bhubaneswar, Strengthens Presence in East India

Bhubaneswar: Bengaluru-based tech-enabled workspace solutions provider IndiQube has announced its entry into Bhubaneswar, Odisha, marking its 17th city of operations across India. With this launch, Bhubaneswar becomes IndiQube’s second market in East India after Kolkata, underscoring the company’s strategy to scale in emerging urban centres. The new IndiQube facility spans over 45,000 square feet and…

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Indian Onions Emerge as ‘Red Gold’, Powering India’s Global Export Surge

Bhubaneswar: Indian onions have earned the moniker “Red Gold” in several African nations, underscoring their growing importance as a high-value agricultural export and reinforcing India’s position as a global leader in onion trade. In 2025, India emerged as the world’s largest onion exporter, with shipments crossing 1.1 million tonnes. The demand has been driven by…

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