H1 FY26 Results Update Mattress segment registered a YoY volume growth of 11% E-Com continues to drive volume; a growth of 135% on own website & 58% on platforms Mattress for every Indian – ‘Tarang & Aaram’ – 58% volume growth and 109% value growth 420 net new showrooms operationalized. Total touchpoints now at ~11300+…
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…
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…
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…
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…
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…
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…
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…
Bhubaneswar: India is preparing to curtail imports of Russian crude oil in compliance with new US sanctions imposed on two major Moscow-backed producers, according to a Reuters report published Thursday. The move, which marks a significant shift in India’s energy trade policy, could help remove a key roadblock to the long-pending India–US trade deal, officials…
Bhubaneswar: After weeks of record-breaking gains, gold prices have witnessed their steepest fall in over a decade, marking a sharp correction in the global bullion market. International gold rates tumbled more than 5%, slipping below $4,100 per ounce, while in India, domestic prices dropped by nearly ₹4,000 per 10 grams ahead of Diwali. Market experts…