New Odisha Age

Category: finance

Digital Public Infrastructure And AI Emerging As Key Drivers Of Future Financial Services Ecosystem

Sarmistha Kabi02 mins

Bhubaneswar: Digital Public Infrastructure (DPI) and Artificial Intelligence (AI) are increasingly becoming the foundation for scalable, secure and technology-driven financial services in India, with policymakers and industry stakeholders highlighting their growing role in transforming the fintech ecosystem. Officials noted that platforms such as Unified Lending Interface (ULI) are enabling digital access to multiple data sources,…

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Vigyan TECH 2026 Showcases Major Advances In Food Processing Research And Innovation

Sarmistha Kabi01 mins

Bhubaneswar: Significant achievements in food processing research and innovation were showcased during Vigyan TECH 2026 held at BRIC-National Institute of Immunology and National Institute of Food Technology Entrepreneurship and Management (NIFTEM-Kundli). During the event, three technologies developed by NIFTEM-K were successfully transferred to industry partners and start-ups, highlighting the institute’s focus on promoting industry-ready innovations…

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Competition Commission of India Approves Adani Power Ltd Acquisition Of GVK Energy Ltd

Sarmistha Kabi01 mins

Bhubaneswar: The Competition Commission of India (CCI) has approved the proposed acquisition of 100 per cent share capital and control of GVK Energy Ltd by Adani Power Ltd. According to the regulator, the proposed combination is being carried out under the corporate insolvency resolution process initiated against GVK Energy Ltd under the Insolvency and Bankruptcy…

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1,000+ Attendees and 100+ CMOs Expected at the 8th Edition of Brand World Summit

Sarmistha Kabi03 mins

Bhubaneswar: ETBrandEquity.com, India’s leading platform for marketing and advertising news, is bringing back its flagship event — the Brand World Summit (BWS) 2026. The 8th edition will be held on July 3, 2026, in Mumbai, at Grand Hyatt bringing together the country’s top CMOs, brand leaders, and marketing decision-makers under one roof. India’s advertising market…

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MPJ Jewellers Expands Its Legacy with Grand Showroom Opening in Madhyamgram

Sarmistha Kabi02 mins

Bhubaneswar: MPJ Jewellers, one of the leading jewellery brands in Bengal and Eastern India, proudly announces the grand opening of its newest showroom in Madhyamgram. With a legacy spanning over eight decades, the brand continues to strengthen its presence, marking yet another milestone in its journey of delivering exquisite craftsmanship and serving generations of customers….

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Cabinet Approves ECLGS 5.0 to Support MSMEs, Airlines Amid West Asia Crisi

Sarmistha Kabi02 mins

Bhubaneswar: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the rollout of Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) to provide crucial liquidity support to businesses affected by the ongoing West Asia crisis. The scheme will offer credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC), enabling banks…

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OMFED Raises Milk Prices by ₹4/Litre Across Odisha; Half-Litre Pack Now ₹29

Sarmistha Kabi01 mins

Bhubaneswar: The Odisha State Cooperative Milk Producers Federation (OMFED) has increased milk prices across Odisha by ₹4 per litre, with the revised rates coming into effect from May 5, 2026. Under the new pricing structure: Toned milk now costs ₹54 per litre (earlier ₹50) Premium milk has risen to ₹58 per litre (earlier ₹54) Gold…

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Abound Launches AI Financial Autopilot for NRIs in Partnership with NEAR AI

Sarmistha Kabi04 mins

The super-app for global Indians now lets an AI agent handle remittances, bill payments, and everyday money tasks, automatically Bhubaneswar: Abound, the financial super-app for Non-Resident Indians (NRIs) backed by The Times of India Group, today announced the launch of its AI Financial Autopilot. Built in partnership with NEAR AI, this new product uses an…

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Railways Clears ₹895 Crore for Metro Power Upgrade, Bridge Infrastructure Boost

Sarmistha Kabi01 mins

Bhubaneswar: Indian Railways has approved projects worth ₹895.30 crore aimed at strengthening power systems and critical bridge infrastructure to enhance capacity and efficiency. A major portion—₹671.72 crore—has been allocated for the upgrade of Kolkata Metro. The project includes installation of seven new traction substations and augmentation of the power system from 11 kV to 33…

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Saudi Aramco Extends LPG Export Suspension, Tightening Global Supply

Sarmistha Kabi01 mins

Bhubaneswar: Saudi Aramco is expected to continue its suspension of liquefied petroleum gas (LPG) exports into the coming month following significant damage at a key export facility in late February, according to a report by Bloomberg. The disruption has tightened global LPG supply chains, increasing pressure on importing countries already facing reduced shipments from the…

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