Industry Odisha Bureau, Sep 08: In a major step towards ensuring public safety and preventing accidents arising from unsafe and dilapidated structures, the Odisha Government has intensified its drive to identify, assess and take action against buildings posing a threat to life and property across the State. Housing & Urban Development Minister Dr. Krushna Chandra Mahapatra said that the Government has already undertaken an assessment of unsafe government buildings and notices have been issued wherever required. He said the Department has undertaken a fresh review of the situation and directed officials to expedite necessary action against buildings found to be…
Author: Industry Odisha
Industry Odisha Bureau, Sep 08: India is tightening food safety enforcement while debating stronger warning labels. FSSAI’s proposed framework has drawn criticism from industry and health groups alike. India’s food safety enforcement has entered a more visible phase. Regulators are conducting frequent raids across restaurants and food businesses. FSSAI and state authorities are publicizing these actions widely. This scrutiny coincides with a contentious debate over warning labels. Scale Of The Enforcement Challenge India faces a genuinely enormous food safety task. The country’s population exceeds 1.4 billion people. Indians consume nearly 1.5 trillion meals annually, FSSAI noted recently. Since 2020, inspectors…
Industry Odisha Bureau, Sep 08: BCCI has withdrawn a player from India U19 squads over age discrepancies. Two replacements have been named ahead of upcoming fixtures against Australia U19. BCCI has acted against alleged age fraud in junior cricket. The board withdrew leg-spinner Rohit Yadav from India’s U19 squads. This followed reported discrepancies in his age documentation. Two replacement players have since been named. Squad Changes Confirmed Aryan Savsani will replace Yadav in the One-Day squad. He represents the Saurashtra Cricket Association domestically. Tanmay Baloda takes his place in the Multi-Day squad. Baloda plays for the Haryana Cricket Association. Yadav…
Industry Odisha Bureau, Sep 08: Two clean energy firms are competing for Brookfield’s Rajasthan renewable portfolio. The 550 MW asset carries an estimated ₹2,500 crore valuation. A high-stakes contest is unfolding in India’s clean energy sector. Inox Clean Energy and Purvah Green Power are the front runners. Both companies are pursuing Brookfield Asset Management’s Bikaner renewable portfolio. People familiar with the matter shared these details. Asset Scale And Valuation The portfolio spans 550 megawatts of renewable capacity in Rajasthan. Its expected enterprise valuation sits around ₹2,500 crore. This positions it among India’s more significant clean energy transactions currently underway. The…
Industry Odisha Bureau, Sep 08: Getting an LPG connection turns out to be easy. Actually using it consistently proves far harder. New CEEW research reveals a striking usage gap. Just 23% of rural households rely exclusively on LPG. This finding sits alongside a more encouraging statistic. Some 73% of rural households used LPG recently. That’s within the previous ninety days, according to surveys. Yet exclusive dependence remains dramatically lower than recent usage. Half of surveyed rural households still primarily burn firewood. LPG hasn’t replaced traditional cooking fuel for many families. Access alone hasn’t translated into consistent behavioural change yet. Something…
Industry Odisha Bureau, Sep 08: BRICS negotiators are racing to finalise a joint declaration. Consensus has proven difficult ahead of this weekend’s summit. Representatives from all eleven member nations gathered in Delhi. Their central challenge involves agreeing on sensitive geopolitical language. The West Asia war sits at the centre of these talks. Palestine’s situation also requires carefully negotiated wording. Getting all members aligned hasn’t been straightforward this time. Earlier ministerial meetings actually failed to produce joint statements. Those failures trace back to friction between Iran and UAE. Foreign ministers and trade ministers both hit similar roadblocks. Neither meeting could issue…
Industry Odisha Bureau, Sep 08: Indian banks recently faced a funding squeeze, competing hard for deposits. That pressure has now reversed dramatically and unexpectedly. Foreign currency has poured into the banking system since regulators eased rules. The real challenge now lies in deploying it wisely. By August 31, FCNR(B) deposits under a special RBI facility reached $127.23 billion. Much of this money got swapped with the central bank. Surplus rupee liquidity subsequently hit ₹9.7 lakh crore by September 3. These numbers signal a genuine shift in banking economics. FCNR(B) deposits carry a meaningful regulatory advantage worth noting. Eligible deposits are…
Industry Odisha Bureau, Sep 08: Indian exporters facing Britain’s upcoming carbon tax just got some breathing room. The UK has recognised India’s domestic carbon-pricing framework. This recognition could reduce costs under Britain’s carbon border mechanism. But the relief comes with important conditions attached. At the centre of this development sits India’s Carbon Credit Trading Scheme. Britain’s HM Treasury added CCTS to its qualifying list. This list identifies overseas carbon-pricing mechanisms eligible for consideration. The communication went directly to India’s Bureau of Energy Efficiency. Here’s what this actually means for exporters. UK importers can now seek relief on eligible goods. That…
Industry Odisha Bureau, Sep 08: Crude oil markets are pricing serious supply anxiety right now. Brent crude climbed past $97 on Tuesday. This marks its strongest level since late July. Escalating Middle East tensions are driving this sustained risk premium. WTI crude moved higher too, touching $92.63 a barrel. That’s a gain of over one percent. Both benchmarks reflect growing unease about global crude flows. Traders aren’t just reacting; they’re repricing future risk entirely. The Strait of Hormuz sits at the centre of this anxiety. This narrow waterway carries a massive share of global oil shipments. Any prolonged disruption there…
Industry Odisha Bureau, Sep 08: India’s oil import map looks wider than ever. Thirty-one countries supplied crude between March and August. Yet this broader map hides a narrower reality. Russia now commands nearly half of all imports. The contradiction sits at the heart of India’s energy story. More countries sold crude to Indian refiners this period. But actual supply concentration climbed rather than eased. Kpler data captures this paradox clearly across six months. Start with the new entrants first. Ten countries shipped crude having sent none previously. Nine of them combined for just 1.4%. Only Venezuela broke that pattern meaningfully,…