New Odisha Age

JSW Steel, JFE Steel JV Launched in Odisha; ₹5,000 Crore Investment Announced

Bhubaneswar: Union Minister Dharmendra Pradhan and Odisha Chief Minister Mohan Charan Majhi attended the grand launch ceremony of a joint venture between JSW Steel and JFE Steel Corporation, marking a significant step in the state’s industrial growth. Speaking at the event, the Chief Minister said the initiative represents a new chapter in Odisha’s industrial journey….

Read More

RBI Cancels Paytm Payments Bank Licence, Operations Cease from April 24

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 In an official order, the RBI stated that the licence was withdrawn under Section 22(4) of the Banking Regulation Act, 1949.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…

Read More

The SocioFare Awards for selfless service and social impact

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…

Read More

Protean ‘Digital Disruptors 2026’ honours visionary leaders redefining India’s financial ecosystem

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…

Read More

Odisha Cabinet Clears ₹124 Crore Yarn Unit in Bolangir to Boost Textile Sector

Bhubaneswar: The Odisha Cabinet has approved a proposal for Shree Ambica Cotspin Pvt. Ltd. to set up a modern yarn manufacturing unit in Bolangir with an investment of ₹124 crore. The project is aimed at strengthening the textile value chain in western Odisha, particularly in the KBK region, by enabling the conversion of raw cotton…

Read More

POSCO Returns to Odisha with JSW Partnership, ₹35,000 Crore Steel Project in Dhenkanal

Bhubaneswar: Nearly a decade after exiting Odisha amid land acquisition challenges, POSCO has re-entered the state with a revised strategy, partnering with JSW Steel in a 50:50 joint venture to set up a ₹35,000 crore integrated steel plant in Dhenkanal. The proposed facility will have a production capacity of 6 million tonnes per annum (MTPA)…

Read More

Fire at Rajasthan Refinery Delays PM Modi’s Inauguration; No Casualties Reported

Bhubaneswar: A massive fire broke out at the refinery complex in Pachpadra, Balotra, just 24 hours before Prime Minister Narendra Modi was scheduled to inaugurate the facility, sending thick black smoke billowing into the sky. Following the incident, the Ministry of Petroleum and Natural Gas announced that the planned dedication ceremony has been postponed. Officials…

Read More

Odisha Plans T-Bridge, Road Upgrade to Decongest Key Bhubaneswar Corridor

Bhubaneswar: The Odisha government has unveiled plans to construct a T-bridge in Bhubaneswar while upgrading a crucial road stretch between Jaydev Vihar and CRP Square, aiming to ease growing traffic congestion in the city. The road connecting Jaydev Vihar to CRP Square via Ekamra Kanan Botanical Gardens is being revamped, with a new parallel road…

Read More

Odisha Takes Leap in Semiconductor Sector with 3D Glass Unit in Khordha

Bhubaneswar: Hon’ble Chief Minister Mohan Charan Majhi, along with Union Minister Ashwini Vaishnaw, laid the foundation stone for 3D Glass Solutions’ advanced Glass Substrate Packaging Unit at Info Valley in Khordha. The project, the first of its kind in India, marks a significant milestone in Odisha’s entry into the semiconductor and advanced electronics manufacturing ecosystem….

Read More

Odisha Partners with NCCR to Launch Marine Spatial Planning for Sustainable Coastal Development

Bhubaneswar: The Odisha government has signed a memorandum of understanding with the National Centre for Coastal Research (NCCR) under the Union Ministry of Earth Sciences to implement Marine Spatial Planning (MSP), making it the first state in the country to adopt the initiative in its second phase. Marine Spatial Planning is a scientific tool for…

Read More