Bhubaneswar: The Government of Odisha has decided to discontinue the interest-free advance facility offered to its employees for purchasing electric vehicles (EVs). The scheme, which was introduced under the Odisha Electric Vehicle Policy 2021, will be withdrawn with effect from April 1, 2026, following a directive issued by the state Finance Department. The interest-free advance…
Bhubaneswar: The Health and Family Welfare Department Odisha has revised and increased salaries for contractual faculty members in government Ayurvedic and Homoeopathic medical colleges across Odisha. Under the new structure, lecturers will receive ₹70,000 per month, while readers’ salaries have been doubled from ₹40,000 to ₹80,000. Professors will now be paid ₹1 lakh per month,…
Bhubaneswar: The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for the ₹10,000 crore Startup India Fund of Funds (FoF) 2.0, aimed at streamlining capital deployment and strengthening India’s startup ecosystem. The fund will be deployed through SEBI-registered Alternative Investment Funds (AIFs), ensuring a structured and market-driven approach to financing…
Bhubaneswar: Union Minister Piyush Goyal announced that India and New Zealand are set to sign a bilateral Free Trade Agreement (FTA), marking a major step in strengthening economic ties between the two nations. Goyal stated that after extensive discussions with New Zealand’s Trade Minister Todd McClay, the agreement was finalised under the leadership of Prime…
Bhubaneswar: Union Finance Minister Nirmala Sitharaman addressed the 38th Foundation Day of Securities and Exchange Board of India (SEBI) in Mumbai, emphasising the need to enhance citizens’ experience in accessing financial services. Highlighting regulatory priorities, she called for the creation of a seamless, secure, and portable Know Your Customer (KYC) framework across the financial sector….
Bhubaneswar: India’s insurance sector is undergoing rapid expansion, emerging as a key pillar of financial security and social protection. Policy reforms and regulatory changes are driving this growth, improving both accessibility and affordability of insurance products across diverse population segments. Recent measures such as allowing higher foreign direct investment (FDI), rationalising taxes including GST exemptions…
Bhubaneswar: The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited, effectively ending its operations as a bank from the close of business on April 24, 2026. In an official order, the RBI stated that the licence was withdrawn under Section 22(4) of the Banking Regulation Act, 1949. The…
Bhubaneswar: The 4th edition of the SocioFare Awards was successfully organised on 21st March 2026 at the prestigious India International Centre, Delhi, bringing together changemakers, social leaders, and visionaries from across the country. Organized under the aegis of SocioFare, an initiative by Sabri Helpage, the event continued its mission of recognizing individuals and organisations creating…
ETBrandEquity.com and Protean eGov Technologies recognise trailblazers driving digital public infrastructure (DPI), embedded finance, and regulatory innovation across India’s financial sector Bhubaneswar: : ETBrandEquity.com, in partnership with Protean eGov Technologies, has officially announced the winners of the inaugural Protean Digital Disruptors 2026. The initiative recognises the trailblazing leaders who are architecting India’s next-generation financial landscape…
Bhubaneswar: India’s MSME sector has witnessed robust growth, with over 20 lakh new enterprises registering on the Udyam Portal during February–March, taking the total number of registered units beyond 8 crore. Addressing a briefing, Rajneesh, Additional Secretary and Development Commissioner at the Ministry of MSME, highlighted sustained momentum in credit flow to the sector. Outstanding…