Bhubaneswar: India’s gold market has witnessed a significant shift, with domestic gold demand reportedly falling by more than 70%, according to the India Bullion and Jewellers Association. The slowdown is being attributed to a combination of policy changes, declining prices, and changing consumer behaviour. One notable trend is that many Indian households are selling old…
Bhubaneswar: The Industries Department, Government of Odisha has signed a Memorandum of Cooperation (MoC) with IHI Corporation and ACME Group to develop three major green energy projects in the state, attracting a combined investment of ₹67,000 crore. The agreement covers the establishment of: A 0.4 million tonnes per annum (MTPA) green ammonia plant at Gopalpur….
Bhubaneswar: The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators for allegedly using misleading brand names, trade names and product claims that may violate provisions of the Food Safety and Standards Act, 2006 and related regulations. The regulator announced the action through its official social media platforms,…
Bhubaneswar: In a significant step towards sustainable urban waste management, the Bhubaneswar Municipal Corporation (BMC) is set to establish a 50-tonne-per-day (TPD) charcoal production facility that will convert green waste into smokeless charcoal and other value-added products. The initiative addresses a growing challenge faced by the city. Every day, Bhubaneswar generates hundreds of tonnes of…
Bhubaneswar: Three Indian seafarers have been confirmed dead following a US military strike on the Palau-flagged commercial vessel MT Settebello off the coast of Oman, prompting a strong diplomatic protest from India and renewed concerns over the safety of civilian shipping in the region. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal described the…
Bhubaneswar: The Food Safety and Standards Authority of India (FSSAI) has directed all food business operators across the country to immediately discontinue the use of newspapers for packing, wrapping, or serving food, citing significant health and safety concerns. In a fresh advisory, the food safety regulator warned that newspapers are not suitable for direct contact…
Bhubaneswar: The Odisha Government is set to launch a comprehensive skill development initiative for women beneficiaries of the Subhadra scheme, with the aim of enhancing employability, promoting entrepreneurship, and fostering long-term economic independence. Announcing the initiative, Deputy Chief Minister Pravati Parida said the program will target women aged between 21 and 35 years who are…
Bhubaneswar: At least 21 people lost their lives and more than 40 others were rescued after a massive fire engulfed a hotel in the Malviya Nagar area of South Delhi on Wednesday morning, triggering panic among guests and staff trapped inside the smoke-filled building. The fire broke out at Flourish Stay B&B, a property operating…
Bhubaneswar: India’s agricultural sector has undergone a significant transformation over the past 12 years, with government policies increasingly focused on empowering farmers through higher productivity, improved income security, stronger market access, and enhanced resilience against climate and economic challenges. The shift marks a move beyond traditional welfare measures toward a comprehensive approach aimed at building…
Focus on Enhancing Capital Market Access and Ease of Capital Formation for SMEs Bhubaneswar: BSE, in collaboration with the Institute of Company Secretaries of India (ICSI) and the Association of Investment Banker of India (AIBI), successfully hosted the SME Fund Raising Conclave – Key Growth Opportunity in Guwahati. The conclave, initiated by the Securities and Exchange…