Industry Odisha Bureau, May 18: Despite having enhanced renewable energy (especially solar/wind power) usage, India still reportedly lacks in the long-durataion storage facilities for which the Government of India (GoI) is reportedly gearing up for implementing a scheme named ‘Long-Duration Energy Strorage (LDES)’. Such a move is reportedly being initiated because the Indian grid system’s current capability is said to be limited to manage the renewable power system and supply it seamlessly for the use of consumers during the ‘non-solar’ and ‘non-wind’ periods. Efforts are reportedly on by the Ministry of Power under the “India Battery Storage Vision 2047” to…
Author: Industry Odisha
Industry Odisha Bureau, May 17: London-headquartred British multinational insurance giant Prudential Plc is reportedly going to gain three-fourth (75 per cent) stake in India-based Bharti Life insurance company in accordance with a formal deal inked between the two entitiesIndustary Reportedly issuing official statement today, Bharti Enterprises informed media that “Prudential has agreed to buy 75 per cent stake in Bharti Life”, while Prudential in its press statement reportedly said that “the initial transaction is valued at Rs 3,500 crore with a potential additional payout of Rs 700 crore.” In his reactions, Prudential Plc chief executive officer (CEO) Anil Wadhwani reportedly…
Industry Odisha Bureau, May 17: The Government of Netherlands has eventually returned India’s histrorically noteworthy 11th century artefacts – the ‘Chola Copper Plates’ – that reportedly lied there in a university for over 300 years. The precious property was formally restored back to bona fide owner India yesterday at a formal ceremony graced by Netherlands Prime Minister Rob Jetten and his Indian counterpart Narendra Modi as evident from the latter’s post on his official social media X handle. Reportedly, “weighing around 30 kg, the 21 copper plates belonging to the 11th Chola Dynasty, are bound together by a bronze ring…
Industry Odisha Bureau, May 17: Gurudev Rabindranath Tagore is revered with high esteem not only in India and Bangladesh for being their ‘national poet’, but also adored by the people of Sweden (Swedes) after creating history adorned with the most prestigoius ‘Nobel Prize in Literature’ in 1913 despite being a first-ever non-European literary giant as well as a personality from the then British India. Thus, it was akin to the world-renowned Latin phrase ‘veni, vidi, vici’ (I came, I saw, I conquered) on the part of the ‘Bard of Bengal’ who still rules the heads and hearts of the Swedes.…
Industry Odisha Bureau, May 16: Odisha’s Debrigarh Sanctuary emerges as a new breeding ground in India for the rare & endangered “Indian Dholes” (Asiatic Wild Dogs or Balua Kukura in Odia), officials said on Saturday. Debrigarh Wildlife Sanctuary has recorded a significant conservation gain with successful breeding of Dholes and the sighting of a litter with two pups. Breeding has been observed in the pair that has gradually established movement within the Sanctuary over the past two years, said Anshu Pragyan Das, DFO Hirakud wildlife division. The birth of the pups indicates favourable habitat conditions, ensured protection, adequate prey availability…
Industry Odisha Bureau, May 16: The India Meteorological Department (IMD)’s latest forecast on the onset of south-west monsoon has reportedly predicted that it is likely to hit Kerala on May 26 this year, but the annual monsoon this year would have below-normal rainfall due to the El Nino impact. Normally, the onset of monsson in India is signalled when it hits Kerala by the first week of June and gradually covers the whole country within a fortnight span. Last year (2025), it had reportedly hit Kerala on May 24, while this year it is likely to arrive at Kerala on…
Industry Odisha Bureau, May 16: Having reportedly grown up from “a relative underdog” in the space industry to “an aerospace behemoth”, USA-based SpaceX, owned by globally-acclaimed business tycoon Elon Musk, is said to be planning to go public by launching its Initial Public Offfering (IPO) for the first time. International news agencies have reported that, “SpaceX seeks to raise as much as $75 billion at a valuation o more than $2 trillion deemed to be the largest IPO of all time.” It has also been reported that “Musk’s company aims to kick off its much-awaited IPO from June first week…
Industry Odisha Bureau, May 15: Even though former US CIA (Central Intelligence Agency) psychic spy Retired Major Ed Dames reportedly breathed his last in March this year at the age of 76, but he has reportedly prophesied decades ago that a solar catastrophe likely to be playing havoc on Earth in the current year (2026). As per media reports, the ex-CIA psychic spy had warned in an interview of October 2025 that, “Killshot sequence will begin with the Solar Maximum. Mysterious Comet C/2023 A3 will also contribute to the solar apocalyptic disaster causing chaos in shape of abject failure to…
Industry Odisha Bureau, May 15: As a Sabitri Puja present, the Odisha government on Friday announced a 2 percent hike in DA for its employees and pensioners. The announcement of was made by Chief Minister Mohan Charan Majhi through the Chief Minister’s Office (CMO) to increase the Dearness Allowance (DA). With the revision, the DA has been raised from 58 per cent to 60 per cent, a statement from the CMO said. The increase will be implemented retrospectively from January 1, 2026, and will be paid along with the May salary, it said. Alongside this, the temporary increase (TI) for…
Industry Odisha Bureau, May 15: Amid huge rush at almost all fuel stations across Odisha, the State Government and Oil Marketing Companies (OMCs) today appealed to the public not to resort to panic buying while assuring adequate amount of fuel available in the State. Despite soaring heat conditions, long queues were seen at petrol pumps and outlets running dry at several places including capital city Bhubaneswar on Friday. Public transport was also affected with a section of private buses going off road due to fuel scarcity fears. In Bhubaneswar, fuel stations in Chandrasekharpur, CRP Square Unit-1, and Rasulgarh witnessed long…