Bhubaneswar: State-run steel major Steel Authority of India Limited (SAIL) is considering relocating the proposed expansion of Rourkela Steel Plant (RSP) to the Durgapur Steel Plant (DSP) due to persistent land acquisition challenges in Odisha. The ₹30,000 crore expansion project is critical to SAIL’s long-term target of achieving 35.65 million tonnes per annum (MTPA) production…
Bhubaneswar: Oil companies have introduced temporary limits on fuel sales across Odisha, directing petrol pump dealers to restrict petrol supply to 50 litres and high-speed diesel (HSD) to 500 litres per customer. The move is aimed at preventing industries from purchasing diesel in bulk from retail outlets, which could disrupt availability for regular consumers. Officials…
Bhubaneswar: Union Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay led an industry engagement session in Agra ahead of the signing of the India–New Zealand Free Trade Agreement (FTA). Officials highlighted that the agreement is being positioned as a comprehensive partnership extending beyond tariff reductions. It will cover…
Bhubaneswar: India and New Zealand are set to sign a bilateral trade agreement today, with nearly 70% of Indian goods expected to receive duty-free access to the New Zealand market. The agreement is poised to open significant export opportunities, particularly for MSME-driven sectors. Industries such as leather, handloom, and handicrafts—especially from Agra and across Uttar…
Bhubaneswar: A potential aviation emergency was averted early today after takeoff of Swiss International Air Lines Flight LX147 from Delhi to Zurich was aborted due to smoke detected from the left-side wheel. The incident occurred around 2 a.m., prompting the crew to declare an emergency and halt departure procedures. There were 232 passengers on board…
Bhubaneswar: Prime Minister Narendra Modi emphasised that India’s growing focus on artificial intelligence and semiconductor development will have benefits beyond national boundaries, contributing to global technological advancement. Highlighting India’s development trajectory, the Prime Minister noted that the Gujarat Model continues to be widely acknowledged for balancing welfare initiatives with large-scale infrastructure growth. He underscored that…
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 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….
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…
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…