Industry Odisha Bureau, May 23: Amid the uncertain scenario of panic buying of petrol and diesel along with ‘No Stocks’ boards being reportedly displayed at the retial outlets nationwide as well as the reported long queues and mad rush for LPG (cooking gas) cylinders, the Indian Oil Marketing Company (OMC) has yet again reiteratedly claimed that there is no shortage of petrol, diesel and Liquefied Petroleum Gas (LPG) cylinders, while the imports of crude oil from Russia are reportedly as usual despite the US-clamped sanctions. “India is a net exporter and surplus in petroleum products,” reportedly contended the OMC. The…
Author: Industry Odisha
Industry Odisha Bureau May 23: When the India Meteorological Department (IMD) in its latest weekend bulletin has reportedly warned that the prevailing and unbearable heatwave conditions sweeping over the country would be more intense and severe over the next week, the Central Government has reportedly urged the electricity consumers to use the power supply judiciously citing heavy pressure being mounted on the national power grid. As per the IMD’s latest warning: “Northwest, Central, Eastern and parts of Peninsular India are expected to remain under intense to severe heatwave conditions with warm night conditions over the coming week too.” On the…
Industry Odisha Bureau, May 23: When the whole world is agog over being all eyes on the upcoming super spectacle ‘FIFA World Cup-2026’ scheduled to be co-hosted by the United States of America (USA), Canada and Mexico from June 11 to July 19, worldwide fans of the ‘Troika Titans’ (Argentine footballer Lionel Messi, Portuguese footballer Cristiano Ronaldo & Brazilian footballer Neymar da Silva Santos Junior) are apprehensive of being all ears to their probable proclamation of ‘hanging up boots’ (retirement) owing to their age and health factors as well as paving path for emerging counterparts in the arena of their…
Industry Odisha Bureau, May 22: Since most of the companies in India are reportedly experiencing an exhaustion in their respective raw material buffers, market experts apprehend an expensive fast-moving consumer goods (FMCG) sector in near future that could hurt both household consumption and demand growth if the ongoing supply chain disruptions continue and the West Asia conflict remain unresolved. The dark clouds of uncertainties reportedly hovering over the Indian industries and market are adversely affecting the “packaging materials, logistics, food ingredients and household products.” Following such a grim scenario in the offing, experts reportedly diagnose that the Indian consumers would…
Industry Odisha Bureau, May 22: Heralding a sigh of relief from the suffocating heatwave conditions sweeping across India currently, the satellite images released by the India Meteorological Department (IMD) evince that the much-awaited annual south-west monsoon is inching fast and very likely to touch Kerala ahead of schedule. The satellite images are being treated as a Manna from heaven by the general public presently sizzling in cauldron as well as by the Indian farmers. The IMD-released satellite images show “massive monsoon clouds rapidly building up over the Arabian Sea and the Bay of Bengal (BoB)” accelerating the pace of south-west…
Industry Odisha Bureau, May 22: In a bid to improve transparency as well as create a nationwide digital monitoring system for food safety, the Government of India (GoI) is reportedly bracing up for centralising the food surveillance role under the Food Safety and Standards Authority of India (FSSAI) instead of the role being played hitherto by the state governments. Reportedly, such an important proposal was discussed during the 49th Central Advisory Committee (CAC) meeting chaired by FSSAI CEO Rajit Punhani and attended by Food Safety Commissioners (FSCs) from all the States and Union Territories (UTs). Notably, the Food Safety Officers…
Industry Odisha Bureau, May 22: More than 1.18 lakh students from various institutions under the Higher Education Department have been provided internship and community service opportunities during the academic year 2025–26. As per the provisions of the National Education Policy (NEP) 2020 and the guidelines of the University Grants Commission (UGC), undergraduate students are required to undertake internships and community service during the fourth semester. In this context, the Higher Education Department of the Government of Odisha has engaged over 1.18 lakh undergraduate students in internships and community service programmes during the academic session 2025-26. The duration of the internship…
Industry Odisha Bureau, May 22: Aiming to reduce the impact of soaring costs of fossil fuel across various sectors as well as on the common consumers in India under the current scenario of global crude oil volatility, sources claimed that the BJP/NDA-ruled state governments are mulling to minimize the burden by opting for a reduction in the Value Added Tax (VAT) being levied, especially, on diesel. Since the Centre has affected a cut in the excise duty by Rs 10 per litre on diesel and Rs 3 per litre on petrol reportedly last month, the Centre would urge the state…
Industry Odisha Bureau, May 22: Amid the hullaballoo and deep concerns over Indian currency (Rupee) steadily falling low against the dollar following which the Reserve Bank of India (RBI) is reportedly on its all-out efforts to check and mend with requisite remedial measures, noted Professor of Economics and former NITI Aayog Vice-Chairman Dr Arvind Panagariya has reportedly urged not to panic and allow the depreciation instead of burning India’s forex (foreign exchange) reserves. Defending his viewpoint reportedly through his series of posts on his official social media platform X on May 21, the noted economist has reportedly persuaded the RBI,…
Industry Odisha Bureau, May 21: The mortal remains of Odia youth A Ramaya, who died in Moscow, Russia, were brought back to Odisha on Thursday with the support of the Ministry of External Affairs, Government of India, and the Government of Odisha. A native of Madhabandha village in Ganjam district, A. Ramaya had been working in a company in Russia. He reportedly lost his life in a drone attack on sunday amid the ongoing Russia-Ukraine war. The 25-year-old, son of A Limaya of Madhabandha village, lost his life during a massive and coordinated drone strike by Ukraine in Russia amid…