Business

Bhubaneswar: Odisha’s economy recorded moderate growth with 11.40 per cent (pc) in 2024-25 compared to the previous year. The Gross State Domestic Product (GSDP) grew at a Compound Annual Growth Rate of 13.30 pc from Rs 5,40,185 crore in…
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Bhubaneswar: The Odisha Government on Thursday announced a new excise policy that will remain in force for three years from April 1, 2026 to March 31, 2029. The new policy, with a focus on increasing licence fees and restructuring…
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Bhubaneswar: Leading real estate developers under the aegis of CREDAI Odisha have urged the State Government to undertake immediate reforms in the existing land conversion framework, citing that the current decades-old system is causing…
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Bhubaneswar: With the 2025-26 financial year drawing to a close and the State’s overall budget expenditure remaining below 70 per cent, the government has begun to push departments for accelerated spending and improved revenue…
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Bhubaneswar: The Odisha government has initiated a major crackdown on non-operational industrial units for alleged misuse of allotted land. Industries Minister Sampad Swain informed the Assembly on Friday that action has been taken against…
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Bhubaneswar: The Odisha government has approved 23 industrial investment proposals worth Rs 4,510.65 crore, which are projected to create over 10,000 direct jobs across 11 districts in the state. The clearances came during the 145th…
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Bhubaneswar: The Confederation of Real Estate Developers’ Associations of India (CREDAI), Odisha has welcomed the Union Budget’s continued emphasis on infrastructure development, calling it a positive step for the real estate and…
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Bhubaneswar: Presenting the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a series of initiatives that place Odisha at the centre of India’s growth strategy. She highlighted the state’s mineral wealth, waterways’…
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Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Sunday welcomed the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman in Parliament. He described it as a historic and youth-centric budget that strengthens…
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Paradeep: In the Dhinkia–Charidesh area under Paradeep, there were no industries earlier. Locals used to earn their livelihood with great difficulty through fishing, farming, and other means. In 2005, POSCO came, but it left in 2017.…
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