India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Bhubaneswar: It is now mandatory for shops and commercial establishments to write their nameplates in Odia clearly and legibly. If they do not write them, they will be punished under Section 35 of the Act. The Odisha Government's Labour and Employees State Insurance Department has asked for strict compliance with this. If any shop or commercial establishment does not write its nameplates in Odia, then the owner of that establishment will have to pay a fine of at least 5 thousand to 10 thousand rupees for the first violation of the rule. A fine of at least 10 thousand to 20 thousand rupees will have to be paid for the second or subsequent violation. If the nameplate is not written clearly in any establishment, then anyone can immediately file a complaint with the local labour officer or labour office. The Odia Pakshya is being celebrated from April 1st to 14th, 2026, to make shopkeepers and traders aware of the rules and regulations.
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
New Delhi/Bhubaneswar, Jun 30 (PTI) A day after three people were killed in a stampede near Shree Gundicha temple in Odisha's Puri, the Congress on Monday demanded that Chief Minister Mohan Charan Manjhi and his deputy resign, taking responsibility for the tragedy, and also called for a judicial inquiry. Alleging that the BJP prioritised billionaire Gautam Adani, who attended the Rath Yatra, over the people, the opposition party said the state government has turned Odisha's holiest festival into a private event for "billionaires, cronies, and camera crews, at the cost of ordinary devotees". ...Read More >
Bhubaneswar: In a landmark step to strengthen early childhood education, the Odisha government has announced the introduction of 'Sishu Vatikas' across all government primary schools starting from the Academic Year (AY) 2025-26. The notification was issued by the Commissioner-cum-Secretary to the Government of Odisha, School & Mass Education Department on Monday and will be published in the Odisha Gazette. As part of this new initiative aligned with the National Education Policy 2020, children aged 5 to 6 years will be enrolled in pre-school education at these specially created centers. The ...Read More >
Bhubaneswar: Opposition BJD and Congress MLAs Tuesday staged a walkout from the Odisha assembly, accusing the ruling BJP of failing to control prices of essential commodities and resolve the potato crisis in the state. The issues were debated in the House over the admissibility of an adjournment motion moved by the Opposition on price rise of vegetables, pulses, edible oil and fuel. The opposition members took exception to comments made by Food Supplies and Consumer Welfare Minister K C Patra that adverse climate conditions, rates in international and domestic markets, and less production by ...Read More >
Bhubaneswar, June 29 (SocialNews.XYZ) In the aftermath of Puri stampede that claimed three lives, Odisha Government on Sunday shunted out Puri District Collector Siddharth Shankar Swain and Superintendent of Police Vinit Agrawal while two other senior police officials have been placed under suspension. Collector of Khordha, Chanchal Rana and DIGP of the Special Task Force (STF) of Odisha Police, Pinak Mishra have been appointed as Puri Collector and SP respectively, as per a statement issued by the Chief Minister's Office following a high-level meeting. DCP Vishnu Pati and Commandant Ajay Pa ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Tirupathur (Tamil Nadu) [India], June 27 (ANI): Tamil Nadu Chief Minister MK Stalin on Friday launched a sharp attack on the Centre and the BJP-AIADMK alliance, accusing them of attempting to divide the people of the state along the lines of religious and caste. Speaking to mediapersons in Tirupathur district, CM Stalin alleged that BJP, which has aligned with AIADMK, was engaging in 'fake spirituality and political drama' to create division in the state. 'Those in the Centre are trying to divide the people of Tamil Nadu in the name of religion, caste, etc., and they are doing this continuous ...Read More >
Bhubaneswar, Jun 29 (PTI) In a punitive measure following the Puri temple stampede that left three people dead and nearly 50 injured on Sunday, Chief Minister Mohan Majhi ordered the transfer of District Collector Siddharth Shankar Swain and SP Vineet Agrawal. Terming the "negligence" leading to the stampede as "unpardonable", Majhi also announced the suspension of two police officers - DCP Bishnu Pati and Commandant Ajay Padhi - an official release said. The CM appointed Khurda District Collector Chanchal Rana as the new collector of Puri. Agrawal will be replaced by Pinak Mishra as Puri SP ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
SRINAGAR: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the martyrs memorial while Minister for Education Sakina Ittoo surprised everyone by r ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...Read More >
Bhubaneswar: The Odisha government on Wednesday approved 'Samrudha Sahar', a new scheme aimed at promoting planned urbanisation and balanced regional development across the State. The State Cabinet meeting, chaired by Chief Minister Mohan Charan Majhi, approved the scheme. The Cabinet has also approved another 12 proposals during the meeting, Chief Secretary Manoj Ahuja said. With a total outlay of Rs 4,879.30 crore, the initiative marks a significant step toward realising Odisha's goal of becoming a developed State by 2036, Ahuja said. The scheme will not only improve infrastructure and urba ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Gorakhpur: Emphasizing the role of traditional Indian healthcare systems and lifestyle in the country's progress, President Droupadi Murmu on Tuesday said that the dream of making India a 'vishwaguru' by 2047 can be realized only if the citizens are healthy.Inaugurating Uttar Pradesh's first AYUSH University, Mahayogi Guru Gorakhnath AYUSH University, in Gorakhpur, the President said: "Today, India's voice is being heard across the world, but every citizen must contribute to sustain that momentum. We say health is wealth. If we remain healthy, our dream of making India a Viksit Bharat and a 'v ...Read More >
Bhubaneswar: The death toll of workers from Odisha in the explosion at the chemical factory in Telangana rose to nine, with authorities confirming the identity of one more person using DNA-based analysis, an officer said on Saturday. The latest victim of the factory blast was identified as Purna Chandra Sahu, a native of Sukarpada in Cuttack district, said Pritish Panda, Officer on Special Duty (OSD), Directorate of Odisha Parivaar. With his death, a total of nine persons from Odisha were killed in the powerful blast at a pharmaceutical plant in Pashamylaram in Telangana's Sangareddy distric ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Bhubaneswar: In the wake of a tragic incident during the Rath Yatra in Puri, the Odisha government Sunday removed Puri Collector Siddharth Shankar Swain and SP Vinit Agarwal from their posts and announced an ex gratia of Rs 25 lakh each for the families of those who lost their lives. The state has also suspended two police officers for alleged negligence in crowd management. Senior IAS officer Chanchal Rana has been appointed as the new District Magistrate, and IPS officer Pinak Mishra will take charge as the Superintendent of Police. Odisha Chief Minister Mohan Charan Majhi expressed deep s ...Read More >
Puri Stampede: Following the tragic stampede during the Jagannath Rath Yatra in Puri, Odisha Chief Minister Mohan Charan Majhi on Sunday announced Rs. 25 lakh in financial assistance for the bereaved families. Furthermore, Odisha Deputy Commissioner of Police (DCP) Vishnu Pati and Commandant Ajay Padhi have been suspended, following the incident in which at least three people died and several were injured. The mishap occurred early morning on Sunday near the Gundicha Temple in Puri. According to a post on X by the Odisha CMO, the incident occurred during the world-famous Rath Yatra in Puri, ...Read More >
The Chief Minister's Office (CMO) of Odisha said that the Puri District Collector and SP have been transferred. Odisha CMO further said that DCP Vishnu Pati and Commandant Ajay Padhi have also been suspended for negligence of duty. The development comes after three people, including two women, were killed and around 50 others were injured in a stampede near Shree Gundicha Temple in Odisha's Puri. In the latest development in the Puri Rath Yatra stampede, the Odisha government said that the Puri District Collector and SP have been transferred. Odisha CMO further said that DCP Vishnu Pati and C ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi has announced an ex-gratia of Rs 10 lakh each to the families of five Odia labourers who lost their lives in a devastating explosion at Sigachi Industries Limited's pharmaceutical factory in Telangana's Sangareddy district. The deceased labourers are Rajnala Jagan Mohan from Ganjam, Lagnajit Duari from Cuttack's Tigiria, Manoj Raut from Balasore, Dolagobinda Sahu from Jajpur, and Chaitu Bhatra from Nabarangpur. According to reports, three other Odia workers, Sameer Padhi from Ganjam, Chandan Kumar Naik from Bhadrak, and Neelambar Bhadra f ...Read More >
Bhubaneswar: The Odisha government is committed to refunding all depositors affected by chit fund scams, regardless of the amount invested, assured BJP Odisha President Manmohan Samal on Friday. Speaking at a press conference, Samal said the refund process is already in progress and is expected to be completed within the next four months. He revealed that a list of five lakh eligible depositors has been prepared for the upcoming phase of disbursement. "We stand by the commitment made in our Sankalp Patra. Whether a person has invested Rs 10,000 or Rs 10 lakh, their money will be refunded," h ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Bhubaneswar: State crime branch on Friday arrested another schoolteacher in connection with the recent question paper leak of the special Odisha Teacher Eligibility Test (OTET), with the total number of arrests touching seven. The arrested teacher was identified as Prasant Kumar Khamari (56).Khamari, from Kalahandi district, had a significant role in translating the leaked question papers from English to Odia. He obtained the questions from Jitan Moharana, a previously arrested employee of the Board of Secondary Education (BSE), which set the question papers for in-service teachers."After writ ...Read More >
Bhubaneswar: The dark dingy room of the jail in the city haunts Bhubanananda Tripathi even after 49 years and some months. The rattling noise of locks and bars, the unhygienic environs, the food that was bereft of taste and the scary nights came alive as Tripathi gets the news that the government of Odisha declares provision of pension to all those who had spent countless sleepless nights in prison during the Emergency in 1975. Tripathy is one of the 1200 brave souls from Odisha who were among 1.1 lakh arrested during Emergency and endured torture, humiliation and their crime was - demanding ...Read More >
Puri: Despite travel uncertainties due to recent conflicts in some parts of the world, people from Europe and elsewhere have reached Puri to witness the annual Ratha Yatra of the sibling deities.As non-Hindus are not allowed inside the 12th-century Jagannath Temple, the Ratha Yatra provides a rare opportunity for devotees across the world to see the deities in their full glory atop their majestic wooden chariots."Back home, we are surrounded by uncertainty and fear. But here, I found peace. I came because this is my only chance to see Lord Jagannath. He comes out for the whole world. This is v ...Read More >
A tragic stampede occurred at the Gundicha Temple in Puri. Three devotees lost their lives early Sunday morning. The incident took place amidst a large gathering. Devotees had assembled to view the deities. Eyewitnesses reported vehicles triggered the panic. Police response is under scrutiny. Authorities have suspended officials and announced compensation. An investigation into the incident is underway. Three devotees lost their lives early Sunday morning in a stampede outside the Gundicha Temple ...Read More >
Puri Rath Yatra stampede: Following the death of three people and injuries to 50 others in the stampede during the Jagannath Rath Yatra in Puri on Sunday, Odisha CM Mohan Majhi ordered the transfer of district collector, SP and suspended two DCPs. The Odisha government also announced ₹25 lakh ex-gratia each to the next of kin of the deceased. Sunday's tragedy reportedly marks the first time that such a fatal incident has occurred near the Gundicha Temple during Rath Yatra. Some eyewitnesses also told news agencies that there were lapses in crowd management. The stampede occurred around 4 am ...Read More >