Industry Odisha Bureau, Sep 07: Iran’s petrol price is set to climb for its heaviest users. The change takes effect Tuesday. It targets motorists using more than 110 litres monthly. Prices for lower consumption stay untouched. Officials linked the move to sanctions and economic strain. The system works through tiered monthly quotas. Two lower quotas together cover the first 110 litres. Those rates are not changing this week. Only consumption beyond that threshold faces a new price. That third quota now jumps sharply higher. It will cost 100,000 Iranian rials per litre. At free-market exchange rates, that is roughly four…
Author: Industry Odisha
Industry Odisha Bureau, Sep 07: Anak Krakatau’s ash has paralysed parts of Indonesian aviation this week. Eight airports remained shut early Monday. Two of them serve greater Jakarta. Officials say 170,000 travellers have felt the fallout. More eruptions could still follow, regulators cautioned. The volcano straddles the strait separating Java and Sumatra. It roared back to life late Friday. Since then, drifting ash has settled over Jakarta and nearby districts. That plume, not lava or tremors, is what grounded planes. Scale matters here. The 170,000 figure counts affected passengers, not scrapped flights. No official tally of cancelled flights has been…
Industry Odisha Bureau, Sep 07: India’s markets show a strange split. Fresh capital keeps flooding in, yet listed stocks barely move. The India IPO market is booming. New share sales are absorbing cash almost as fast as it arrives.That raises a pointed question. Is India short on liquidity, or is liquidity simply going elsewhere? The paradox Between January and July 2026, net equity inflows totalled INR3,02,044 crore. FPIs, DIIs, and individual investors together supplied this capital. Over the same period, companies raised INR3,03,795 crore. This came through IPOs, OFS, QIPs, and preferential allotments, according to an ET Prime analysis. In…
Industry Odisha Bureau, Sep 06: India’s three military Services face increasingly integrated forms of warfare. Navy Chief Admiral Krishna Swaminathan stressed greater jointness recently. Future conflicts will require combined Service capabilities, he said. Technology is making warfare faster and more precise. Joint operations are therefore becoming increasingly important going forward. Swaminathan addressed newly commissioned Army officers at a formal ceremony. He served as Reviewing Officer at Chennai’s Officers Training Academy. His message centered on cooperation across the Army, Navy and Air Force. Tomorrow’s wars, he said, demand combined strength across all domains. Quoting the Rig Veda, he invoked “Samano Mantrah”…
Industry Odisha Bureau, Sep 06: Indian companies are closing hiring decisions faster than before. Careernet data shows time-to-offer fell from 53 days. It dropped to 46 days between FY25 and FY26. Notice periods, however, remain a significant delay. Nearly one-third of hires still take 60 days or longer. The bottleneck now sits between offer acceptance and actual joining. Careernet’s numbers reveal a clear improvement in decision speed. Companies are moving through requisition-to-offer stages more efficiently. Yet the average offer-to-joining gap stayed steady. It hovered around 30 to 33 days across both years. Roughly 29 to 31 percent of hires exceeded…
Industry Odisha Bureau, Sep 06: The 57th GST Council meeting faces a likely rescheduling. It was originally set for September 12. That date clashed with the BRICS Summit. October 7 has emerged as the likely alternative. Formal confirmation from officials remains pending. The BRICS Summit is scheduled for September 12-13. New Delhi will host the international gathering. This overlap forced a rethink of the GST timeline. Sources indicate October 7 as the probable replacement date. The Council venue is expected to stay in New Delhi. Importantly, no official date has been confirmed yet. Sources describe October 7 as merely the…
Industry Odisha Bureau, Sep 06: Apple is preparing its most expansive device pipeline in years. The September 9 event will kick off this cycle. A foldable iPhone is set to lead the announcements. iPhone 18 Pro models and new Apple Watches will join it. Reports suggest this pipeline stretches well past 2027. Apple has branded the September event “Surprise and Shine.” It falls on September 9, 2026, this year. Incoming CEO John Ternus will present the new lineup. He assumed the top role just days earlier. His team reportedly built much of this roadmap. Apple has not commented publicly on…
Industry Odisha Bureau, Sep 06: India’s consumer watchdog is scrutinizing “100%” claims on food products. Such claims can suggest absolute purity or completeness. Actual ingredient composition may differ from that impression. FSSAI has separately advised against using these claims. Regulators increasingly examine how consumers interpret prominent packaging representations. The core question involves numerical accuracy in labeling. Can companies claim “100%” without matching ingredient content? Recent CCPA orders offer clarity on this issue. In June 2026, CCPA penalized two companies significantly. Mrs. Bectors Food Specialities and Storia Foods paid ₹1 lakh each. Both were penalized for misleading “100%” claims. They must…
Industry Odisha Bureau, Sep 06: Researchers found peptides remain stable in concentrated sulphuric acid. The acid was 98% concentrated in the study. These peptides also folded into complex structures. This challenges assumptions about hostile chemical environments. Peptides are biological macromolecules essential to life. The finding matters for the search for life beyond Earth. Peptides are short chains of amino acids. They form the basic building blocks of proteins. Strong acids typically break peptides down through hydrolysis. Hydrolysis requires water molecules to break chemical bonds. Concentrated sulphuric acid contains almost no water. That absence prevents the usual hydrolysis reaction from occurring.…
Industry Odisha Bureau, Sep 06: Smriti Mandhana scored her 18th international century on Thursday. The innings came against Hong Kong in Dubai. It came during the 2026 Women’s T20 Asia Cup. The century made her cricket’s leading century-maker. She also passed Mitali Raj’s international run record. Her achievement reflects a dramatic late-career acceleration. Mandhana reached the century in just 57 balls. She surpassed the joint record of 17 centuries. That mark belonged to Meg Lanning and Laura Wolvaardt. Her 18 centuries span three formats internationally. Fourteen came in ODIs, two in Tests. Two more arrived in T20Is. She was eventually…