Industry Odisha Bureau, Jun 12: As the US National Oceanic and Atmospheric Administration (NOAA) has declared the arrival of El Nino conditions and has also indicated a 63% likelihood of turning into “Super” (a very powerful one) between November 2026 and January 2027, it has raised grave concerns among the weather experts with regard to its effects on the global climate in the upcoming months, and especially on the annual south-west monsoon in India. According to the ocean scientists, “El Nino often leads to noticeable shifts in weather across many parts of the world resulting in heavier than normal rainfall…
Author: Industry Odisha
Industry Odisha Bureau, Jun 12: The first two years of the Chief Minister Mohan Charan Majhi-led BJP Government in Odisha were no less than a Golden Era for Industries and investors. The entire State machinery starting from the Chief Minister to District Collectors ensured all-round support for industries to grow. While the State-level team focused on bringing new investors to Odisha, other levels ensured proper grounding of the proposed projects. The CM personally attended several roadshows in Indian cities like Mumbai, Ahmedabad, and Hyderabad, as well as abroad, and chaired one-on-one meetings, reflecting Odisha’s commitment to responsive governance and investor-centric…
Industry Odisha Bureau, Jun 12: In a bid to curtail dependence on China, concerted efforts of India are on to develop rare earth processing facilities in Andhra Pradesh since the state emerges as a rare earth hub, and India’s leading industrial groups Reliance, Vedanta and Adani have reportedly evinced keenness in developing rare earth processing facilities in Andhra. According to media reports, “The Geological Survey of India (GSI) has discovered that India’s overall rare earth ore resources stand at approximately 482.6 million tons, while Andhra Pradesh possesses around 211 million metric tons of beach sand mineral resources, including rare earths,…
Industry Odisha Bureau, Jun 12: Since the Australian women’s cricket team has been registering dominance over the years in the ICC Women’s T20 World Cup, all are agog to witness if the same team still dominates the scene in the final on July 5 this year as the Women’s T20 World Cup 2026 is all set to start from today at 11 pm (local time) in England and Wales. Cricket experts opine that, “Despite being still strong, the aura of Australian team has begun to fade following others emerging as spectacular performers and genuine title contenders. Australia still remains among…
Industry Odisha Bureau, Jun 11: Odisha Chief Minister Mohan Charan Majhi on Thursday said Odisha proudly standing at the forefront as a strong pillar of India’s growth, progress, and prosperity and realization of aspiration to build a Viksit Bharat. Participating in this 11th Governing Council Meeting of NITI Aayog under the visionary leadership of Prime Minister Narendra Modi here, Majhi said, “Your vision of Purvodaya is transforming eastern India into the next growth frontier of the nation, and Odisha is proud to be at the forefront of this transformation.” Under the double-engine government, Odisha has maintained strong growth while ensuring…
Industry Odisha Bureau, Jun 12: The glittering grand opening of the FIFA World Cup-2026 at the iconic Estadio Azteca Stadium in Mexico City reportedly resonated with the mesmerising “Dai Dai” official song superbly performed by global music stars Shakira (Colombian super star) and Burna Boy (Nigerian singer) while the jam-packed (nearly 80,000) spectators responded with loud cheers prior to the opening match got kicked off. Also, the other major performers reportedly included “renowned Colombian singer and songwriter J Balvin and popular Italian tenor and singer Andrea Bocelli”. On the contrary, “chaos” was reportedly registered at the official fan zone when…
Industry Odisha Bureau, Jun 12: As the FIFA World Cup-2026 campaign got kicked off last night at a jam-packed (of nearly 80,000 spectators) Estadio Azteca Stadium in Mexico City at the scheduled local time, the grand opening day reportedly witnessed cohost Mexico registering a commanding 2-0 victory over South Africa. As per media reports, “Mexico team’s forward Julian Quinones scored the opening goal of the FIFA World Cup – 2026 in just after the ninth minute of match started.” On the other hand, as reported by media, “South Africa had to undergo a nightmarish experience when its midfielder Sphephelo Sithole…
Industry Odisha Bureau, Jun 11: Odisha exported 100,897 metric tonnes of seafood valued at USD 623.28 million (Rs 5,428.67 crore) during the financial year 2025-26, officials said. Odisha has emerged as one of India’s most promising seafood-exporting states. With a long coastline, favourable aquaculture conditions, and strong fisheries infrastructure, Odisha recorded growth of 9.63 percent in export quantity and 11.90 percent in export value over the previous year, Department of Commerce, Ministry of Commerce & Industry said. Odisha has 64 registered seafood exporters, 45 processing plants, modern cold storage facilities, and 36 shrimp hatcheries supporting aquaculture development, he informed. Singh…
Industry Odisha Bureau, Jun 11: A nine-member delegation from the Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation Ltd. (RUIDP), Jaipur, visited Bhubaneswar and Puri as part of an Asian Development Bank (ADB)-supported exposure visit to study Odisha’s pioneering urban development initiatives and best practices in water supply, sanitation, and urban governance. As part of the exposure visit, the team undertook extensive field inspections of key urban infrastructure projects in Bhubaneswar and Puri. The delegation also interacted with officials of the Bhubaneswar Municipal Corporation (BMC) to gain first-hand insights into Odisha’s urban governance framework, sanitation management systems, service delivery mechanisms,…
Industry Odisha Bureau, Jun 11: Soon after the Reserve Bank of India (RBI) announced its Special Forex Swap Window (FSW) for External Commercial Borrowings (ECBs) on June 5 this year, large Public Sector Undertakings (PSUs) have reportedly evinced keenness on fundraising probably to a tune of over $5 billion dollar through overseas loans. The RBI’s special initiative has reportedly “allowed ECBs raised by Indian PSUs until December 31, 2026 and with a maximum tenure of five years.” It is reportedly claimed that the RBI’s “special concessional forex swap facility would make foreign currency significantly cheaper.” It has further been reported…