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Smartphones, computers exempted from Trump’s reciprocal tariffs
New Delhi: Donald Trump administration has exempted smartphones, computers and other electronic goods from reciprocal tariffs which were announced earlier this month, Bloomberg reported.
Electronics giants like Apple and Samsung will…
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Odisha’s share of manufacturing increased to 26.7% in post-pandemic period
New Delhi: Odisha is among the major states that spearheaded India’s recovery from pandemic lows in between FY20 and FY25, by witnessing a CAGR of over 6% in Gross State Domestic Product or GSDP, India Ratings has stated in a report.
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OMFED to launch its own chocolate brand, bottled water
Bhubaneswar: The Odisha State Cooperative Milk Producers' Federation (OMFED) is all set to enter the chocolate market. Plans are underway for setting up a dedicated OMFED chocolate manufacturing plant, and the detailed project report (DPR)…
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Odisha allots 70 acre for Rs 4,000 cr solar manufacturing unit in Dhenkanal
Bhubaneswar: Inox Solar, a subsidiary of Inox Clean Energy, has secured 70 acres of land in Odisha’s Dhenkanal for setting up a solar module and photovoltaic cell manufacturing facility with a capacity of 4.8 GW each.
The Rs 4,000 crore…
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IOCL to invest over Rs 61,000 crore in Odisha
New Delhi: Indian Oil Corporation Ltd (IOCL) is set to invest Rs 61,077 crore for India’s largest dual-feed naptha cracker project near its refinery in Paradip. This was announced at the Odisha Investors Meet in New Delhi on Tuesday.
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Two rural banks in Odisha among 26 across country to be merged
Bhubaneswar: The Department of Financial Services (DFS) has notified amalgamation of 26 Regional Rural Banks (RRBs), including two from Odisha, as part of the Government of India’s ‘One state-one RRB’ scheme. This is fourth phase of…
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Mudra Yojana: Odisha entrepreneurs share story of financial empowerment
Bhubaneswar: The Pradhan Mantri Mudra Yojana (PMMY), launched ten years ago, has gone a long way in funding micro and small enterprises and making them an ‘unbreakable’ part of India's growth story.
As of March 2023, Odisha had…
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HCLTech to set up its development campus & university in Odisha: CM
Bhubaneswar: Chief Minister Mohan Charan Majhi on Monday announced that leading technology company HCLTech is all set to launch its operations in the state. The Chief Minister made this announcement while speaking at the Investors’ Meet in…
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Cooking gas price hiked by Rs 50 per cylinder
New Delhi: The Central government on Monday hiked the price of cooking gas by Rs 50 per cylinder. Making the announcement, Union Minister of Petroleum & Natural Gas Hardeep Singh Puri said that the price has been increased for both…
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Amid Trump’s tariff war, Indian Markets hit 10-month low
Mumbai: Amid fears of a global trade war growing after US President Donald Trump announced tariffs on all countries, the Indian markets took a major hit on Monday during the opening trade. The Sensex, Nifty crashed after a market rout on…
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