New Odisha Age

Category: Market

Taiwan Excellence Brings Three Award-Winning Innovations to India from LUFTQI, Vinxper and COTTAI

Sarmistha Kabi06 mins

From smart air purification to intelligent décor and premium wine tech, global innovators foray into India, seeking strategic distribution partners. Kolkata, 15th November 2025: Continuing its legacy of introducing globally celebrated innovations to India, Taiwan Excellence (TE), an initiative of Taiwan’s Ministry of Economic Affairs (MOEA), has unveiled three award-winning products from leading Taiwanese brands in the Indian…

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Massive Bank Merger on the Horizon: India to Reshape Banking Sector with Five Mega

Sarmistha Kabi02 mins

Bhubaneswar: In a major structural reform, the Central Government is reportedly preparing to execute one of the largest bank mergers in India’s history — a move that will consolidate the nation’s public sector banks into five world-class financial institutions. According to official sources, the government aims to merge smaller public sector banks (PSBs) with larger,…

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India Needs More World-Class Banks, Says Finance Minister Nirmala Sitharaman

Sarmistha Kabi02 mins

Bhubaneswar: Union Finance Minister Nirmala Sitharaman has said that India requires a greater number of large, world-class banks to meet the country’s growing economic ambitions and support its expanding financial ecosystem. Speaking at a recent event, the Minister said that the government is in discussions with the Reserve Bank of India (RBI) and various financial…

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Meta Under Scrutiny for Profiting from Fraudulent Ads, Investigation Reveals

Sarmistha Kabi02 mins

Bhubaneswar: A recent investigation has revealed that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is allegedly earning substantial profits from fraudulent advertisements circulating across its social media platforms. According to internal projections cited in the report, nearly 10% of Meta’s total revenue in 2024 could be linked to such deceptive ads. These…

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Bhubaneswar to Get Dedicated ‘Gupchup Market’ for Hygienic Street Food Experience

Sarmistha Kabi02 mins

Bhubaneswar: In a first-of-its-kind initiative, the Bhubaneswar Municipal Corporation (BMC) is setting up a dedicated ‘Gupchup Market’ in the city to offer residents a clean, organised, and safe space to enjoy one of Odisha’s favourite snacks — gupchup (pani puri). The project, launched as a pilot initiative, aims to streamline roadside vending and ease traffic…

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India’s Grand Wedding Season Set to Add ₹6.5 Lakh Crore to the Economy

Sarmistha Kabi02 mins

Bhubaneswar: As winter sets in, India’s most celebrated season — the wedding season — is back in full swing. Over the next three months, the country is expected to witness nearly 46 lakh weddings, driving a massive ₹6.5 lakh crore boost to the economy, according to estimates from industry associations. From luxury hotels to small…

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Historic Baliyatra Begins in Cuttack, Showcasing Odisha’s Maritime Heritage

Sarmistha Kabi03 mins

Bhubaneswar: The historic Baliyatra, one of Odisha’s grandest and most celebrated fairs, commenced in Cuttack on Tuesday with cultural splendor, festive lights, and the participation of thousands of visitors, traders, and artisans. Chief Minister Mohan Charan Majhi and Governor Raghubar Das extended their greetings to the people of Odisha, describing Baliyatra as a proud celebration…

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Odisha Hikes Paddy Procurement Price by ₹69 Per Quintal for Kharif Season 2025–26

Sarmistha Kabi02 mins

Bhubaneswar: In a move aimed at supporting farmers, the Odisha government on Monday announced an increase of ₹69 per quintal in the procurement price of paddy for the ongoing Kharif Marketing Season (KMS) 2025–26. The revised rate, which aligns with the state’s commitment to ensure better returns for cultivators, will apply to all paddy procured…

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Countdown Begins: Cuttack Gears Up for a Grand Baliyatra 2025

Sarmistha Kabi03 mins

Bhubaneswar: With just two days left for the curtain to rise on the historic Baliyatra, preparations are in full swing across Cuttack. The district administration is giving final touches to the arrangements to ensure that this year’s edition of the iconic fair — one of Asia’s largest open-air festivals — is more vibrant, immersive, and…

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