Industry Odisha Bureau, Sep 01: The Controller General of Accounts (CGA) in its latest monthly accounts reportedly released yesterday (August 31) has stated that the fiscal deficit of India stood at Rs 4.55 trillion i.e. 26.8% of the full-year budget estimate by July end of the current fiscal year 2026-27 (FY27). Media reports, citing the CGA data, stated that, “As the government expenditure continued to exceed receipts, the deficit went up to 26.8% of the annual target by July 2026 from 18.2% by June 2026 end. Counting on robust tax collections and higher non-tax revenues to meet the target in…
Author: Industry Odisha
Industry Odisha Bureau, Sep 01: In a bid to aid the Indian retail traders to bridge the information and decision-making gap, India has reportedly launched its first ever Artificial Intelligence (AI)-powered market platform. As per media reports, “Developed by Kwala Intel, the platform studies live market feeds, performs full technical analysis and explains what the chart may be signalling.” Media reports also stated that, “The AI-powered platform is priced at less than Rs 4 a day and is designed to help individual traders make informed decisions based on live data and technical indicators.” It has further been reported by media…
Industry Odisha Bureau, Sep 1: Gold rates in India edged up today. The 24-karat gold rate (10 grams) stand at Rs 1,56,930, up by Rs 160. Meanwhile, 22-karat gold (10 grams) rose to Rs 1,43,850, an increase of Rs 150. Further, 18-karat gold (10 grams) is priced at Rs 1,17,700, also up by Rs 150. Meanwhile, 10-gram gold costs today across major cities of India looks like this: Bhubaneswar: Rs 1,56,930 for 24 karat gold. Rs 1,43,850 for 22 karat gold. Cuttack: Rs 1,56,930 for 24 karat gold. Rs 1,43,850 for 22 karat gold. New Delhi: Rs 1,57,080 for 24…
Industry Odisha Bureau, Sep 1: Lionel Messi has retired from international football, weeks after Argentina’s World Cup final loss. Spain defeated Argentina in the 2026 FIFA World Cup final in North America. That defeat proved to be Messi’s last appearance for his country. On Monday, the Inter Miami forward confirmed he would not wear the Argentina shirt again. A Familiar Crossroads for Messi This is not Messi’s first retirement announcement. He first stepped away after Argentina’s 2016 Copa America final loss to Chile. That decision came after Messi missed a crucial penalty in the shootout. Heartbroken, he vowed never to…
Industry Odisha Bureau, Aug 31: Lionel Messi has announced his retirement from international football, bringing to a close a two-decade international career that redefined the sport and finally delivered Argentina the World Cup it had craved for 36 years. The announcement came via a handwritten letter posted to Instagram, weeks after Argentina’s heart breaking loss to Spain in the final of the 2026 FIFA World Cup. The 39-year-old said the decision had been agonizing but that the moment had come to step aside, adding that he had always given everything for the shirt — not only in the recent trophy-laden…
Industry Odisha Bureau, Aug 31: With an aim to meet the future power demand, the Odisha government has lined up several power infrastructure projects worth Rs 16,000 crore, officials said. The State is strengthening its power infrastructure with a planned investment of Rs 16,000 crore to support rapid industrial growth and build a reliable, resilient and future-ready energy network, Energy Department officials said. According to the officials, 590 industrial projects are expected to be commissioned by the end of financial year 2030–31. A 765 kV Grid Ring System is being developed, with 3 new 765/400 kV substations planned at Kolabira,…
Industry Odisha Bureau, Aug 31: Director of Public Health has issued a circular asking the public not to panic but maintain a clean and hygienic environment. There is no need for panic or unnecessary concern regarding the reported scrub typhus cases in suspected cluster. Following reports of suspected Scrub Typhus cases, health department have intensified epidemiological and laboratory surveillance. The IgM ELISA results of 9 samples tested earlier were reported negative on 30 August 2026. Meanwhile, mass screening was conducted in the affected area on the same day and samples are collected. The health department is closely monitoring the situation…
Industry Odisha Bureau, Aug 31: India’s real GDP growth accelerated to 7.8 per cent in the April-June quarter. The figure comfortably exceeded the Reserve Bank of India’s earlier estimate of 7 per cent. Growth moderated slightly from 8.6 per cent recorded in the previous quarter. It still surpassed the 6.9 per cent growth seen a year earlier. Prime Minister Narendra Modi called the performance exemplary and a herculean feat. He credited Indians’ collective strength for the strong growth despite oil price shocks. Supply-chain disruptions and broader global uncertainty also posed challenges during the quarter. India still remains exposed to global…
Industry Odisha Bureau, Aug 31: Air New Zealand’s financial performance for the financial year 2026 (FY26) was reportedly marked by $336 million loss before taxation and a net loss of $242 million after taxation, according to the international media. International media reports have also stated that, “The total revenue of $7.0 billion is up 3.9% on 2025, while passenger revenue of $6.1 billion is up 4.8% on 2025. However, the operating cash flow of $819 million is in comparison with $940 million in 2025.” Reporting that, “the loss before taxation was a slight improvement compared to the previous year (2025),…
Industry Odisha Bureau, Aug 31: Playing his second first-class match, the East Zone opener reached a 42-ball fifty to become the youngest to score a half-century in Duleep Trophy history, before falling for 92. Vaibhav Sooryavanshi added another record to his growing list on Monday, becoming the youngest player to score a half-century in Duleep Trophy history. The 15-year-old opener, playing for East Zone in their semifinal against defending champions Central Zone, reached his fifty in just 42 balls before being dismissed for 92, eight runs short of what would have been the youngest Duleep Trophy hundred. Sooryavanshi’s landmark knock…