Industry Odisha Bureau, April 26: Owing to a swift urban economy in India, the National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has reportedly geared up to provide a “dedicated city-level statistical reports for 47 Indian cities with million-plus populace” for the first time since India’s Independence. As per media reports, the MOS data will cover two key parameters: “labour force participation” and “status of enterprises” in the selected 47 million-plus-population cities. While the first key parameter will provide valuable data on “labour force participation rate, worker population ratio, and unemployment rate”, the second one…
Author: Industry Odisha
Industry Odisha Bureau, April 26: The suspect, swiftly nabbed and taken into custody by the US Secret Service sleuths yesterday (April 25), soon after the gunshots incident during the White House Correspondents’ Association dinner, has reportedly been identified as 31-year-old Cole Tomas Allen from California. US President, who was luckily saved from an assassination bid, has reportedly termed the suspect a ‘lone wolf and sick person’ as well as denied any suspected ‘Iran link’, while thorough investigations are on to delve deep into the modus operandi and motive behind the nabbed suspect’s daredevil antics. US investigators have reportedly slapped multiple…
Industry Odisha Bureau, April 25: The contentious Prediction Markets gambling platforms are now under strict scrutiny in the United States of America (USA) following the alleged involvement of a US soldier who has reportedly been charged with brazenly misusing classified intelligence to place bets and reportedly earned $400k linked to the special US Army operation in Venezuela in January this year. Reports revealed that the accused soldier of the US Army special forces under the Trump regime was involved in the mission ‘Operation Absolute Resolve’ that swooped down on former Venezuelan President Nicolas Maduro on January 3 night this year…
Industry Odisha Bureau, April 25: East Coast Railway (ECoR) has achieved a robust and well-balanced financial performance during the financial year 2025–26, reaffirming its position as one of the leading zones of Indian Railways in terms of operational efficiency, revenue generation, and prudent financial management. The zone has recorded an impressive Operating Ratio of 54.81 percent, securing the second position among all Railway Zones, underscoring effective cost control, improved productivity, and efficient utilization of resources. ECoR has also demonstrated steady growth in earnings, with Gross Apportioned Revenue reaching Rs 26,058.10 crore up to March 2026, the railway officials said. In…
Industry Odisha Bureau, April 25: The 6.5 km stretch strategic Z-Morh Tunnel based in Jammu and Kashmir (J&K) is reportedly going to change hands of ownership very soon for which APCO Infratech is reportedly striking a $267 million deal with Alpha Alternatives. Inaugurated in 2025 and built at an estimated cost of Rs 2,400 crore, the APCO set- up special purpose vehicle (SPV) in 2020 was reportedly awarded by the National Highways & Infrastructure Development Corp Ltd (NHIDCL), while the project has a reportedly 15-year concession with investments to be recovered through biannual annuity payments of Rs 295 crore, sources…
Industry Odisha Bureau, April 24: In a major FDI boost, the Odisha government was able to attract the single largest Japanese investment at Rs 15,000 crore as a Japanese steel company has collaborated with JSW Steel Ltd to expand the latter’s steel plant in Sambalpur district. Chief Minister Mohan Charan Majhi graced the Joint Venture and initiation of partnership between JSW Steel Limited and JFE Steel Corporation, Japan, a pivotal step in Odisha’s move from an iron-ore producer to a high-value steel manufacturing hub. This is Odisha’s first single largest Japanese investment at Rs 15,000 crore. This investment will further…
Industry Odisha Bureau, April 24: The Odisha Gymnastics Association (OGA) today announced hosting of the Junior & Senior Artistic Gymnastics National Championships 2026–27 here at Kalinga Stadium from April 25 to May 3, 2026. The championships are being organized by Odisha Gymnastics Association in collaboration with the Gymnastics Federation of India (GFI) and with the support of the Sports and Youth Services Department of Odisha. Addressing media persons here, Chief Operating Officer, Gymnastics Federation of India, Kallol Mukherjee emphasized the championship’s significance in the national and international pathway. “The National Championships remain a critical benchmark in India’s gymnastics calendar. Performances…
Industry Odisha Bureau, April 24: Planning to launch weekly index options for its bullion derivative index called Bulldex, the Multi Commodity Exchange of India (MCX) has reportedly submitted a formal proposal with the Securities and Exchange Board of India (SEBI) seeking the statutory regulatory body’s seal of approval. Sources informed that MCX’s such a proposal is under scrutiny of SEBI’s Commodity Derivatives Advisory Committee (CDAC), but no final decision has been taken yet. Sources added that the MCX proposal is being meticulously scrutinised delving into the pros and cons, because Bulldex weekly options are likely to “pose a risk in…
Industry Odisha Bureau, April 24: In view of the prevailing heat wave situation in Odisha, the state government on Friday announced summer vacation for schools from Monday. Odisha Chief Minister Mohan Charan Majhi has announced summer vacation for schools in view of the severe heat wave prevailing in the state, a statement said. The chief minister has taken this decision keeping in mind the safety of the children. Majhi approved the proposal in this regard moved by the School and Mass Education Department, the statement said. As per the decision, all government, government-aided and private schools in the state will…
Industry Odisha Bureau, April 23: Odisha’s achievement under the Utility-Led Aggregation (ULA) scheme is the highest in the country, highlighting the State’s effective implementation strategy and rising consumer participation in renewable energy adoption. To accelerate rooftop solar adoption, the Utility-Led Aggregation Scheme (ULA) has been introduced by the Ministry of New and Renewable Energy. In Odisha, the scheme launched in November 2025, enables domestic consumers with a 1 kW connected load to install rooftop solar systems at a highly subsidized contribution of just Rs 1,875. The State has reported encouraging installation progress under both schemes. As per report, 55,888 installations…