Bhubaneswar, Odisha 25th August 2026: Vedanta Aluminium, India’s largest aluminium producer, is improving safety and accessibility across Odisha’s Jharsuguda and Sundargarh districts, as it expands clean-energy infrastructure through Project Jyoti, a flagship community initiative of its coal mining operations. Till date, 406 solar-powered streetlights have been installed across 21 villages, benefiting nearly 22,000 residents and creating better-lit public spaces for everyday use. Under Project Jyoti Vedanta Aluminium Coal Mines has installed streetlights across Jamkhani, Girisima, Jharpalam, Hemgir, R&R Colony, Bileimunda, Mundherkhet, Ghogharpalli, Podajalanga, Rengalpani, Kuraloi, Banjari, Bartap, Grindola, Piplimal, Liakhai, Lakhanpur and Belpahar Municipality. To ensure their sustained performance, the…
Author: Industry Odisha
Bhubaneswar, Aug 25: Sundargarh does not lack mineral wealth. What it lacks is a dependable mechanism for turning that wealth into local income. The district’s own survey documentation records iron ore, coal, manganese, limestone, dolomite and fire clay coal in the Ib river valley, limestone and dolomite around Biramitrapur and Lanjiberna, iron ore at Barsuan, Kalta and Gonua. The Department of Steel and Mines notes dolomite is abundant only in Sundargarh. The district hosts the Rourkela Steel Plant, cement and refractory producers, and industrial estates at Kalunga, Rajagangapur and Mandiakudar. Yet the same report records that more than half of…
Industry Odisha Bureau, Aug 25: Since the Global Capability Center (GCC) is a strategic hub set up by multinational companies in regions outside their headquarters to centralize critical business functions such as IT, finance, analytics, research and development, and customer service, experts are optimistic that it could speed up India’s expansion plans. International media reports, quoting experts, have claimed that, “GCCs are designed not just for cost efficiency, but also to drive innovation, digital transformation, and global business growth. They leverage global talent pools and advanced technologies to support the parent company’s operations worldwide.” Reporting on the nature of GCC…
Industry Odisha Bureau, Aug 25: A decade after its launch, India’s Unified Payments Interface has evolved far beyond a digital-payments experiment. UPI now powers roughly four of every five retail transactions by volume across the country. Its ability to scale while staying accessible marks a quiet revolution in how Indians handle everyday money. The numbers illustrate the transformation starkly. In FY17, UPI processed just 0.02 billion transactions annually. By FY26, that figure reached 241.62 billion, representing roughly 30 percent year-on-year growth even after ten years. That sustained pace distinguishes UPI from most mature payment systems globally. The dominance becomes clearer…
Industry Odisha Bureau, Aug 25: India held onto its number one spot among emerging economies in July, marking a third straight month at the summit of (Source:-Mint’s Emerging Markets Tracker). Strong growth and a buoyant stock market carried the country past its rivals even as inflation crept higher and the rupee lost ground. The tracker, running since September 2019, ranks 12 emerging economies across seven indicators: GDP growth, manufacturing PMI, exports, inflation, import cover, currency moves and equity performance. India’s June score of 77.3 kept it well clear of Vietnam (73.2) and Malaysia (73.1), though the margin has been shrinking…
Industry Odisha Bureau, Aug 25: Soon after the duty-free sugar import policy was formally announced by the Government of India (GoI) recently claimed to be a pre-emptive market intervention designed to rebuild near-term availability, temper price expectations and prevent a temporary supply squeeze from becoming a broader food-inflation problem, such a move by the GoI has reportedly had a significant impact on the global market. As per media reports, “Such a move by the GoI has led to a tightening of the sugar market with the New York Raw Sugar Futures rallying to around 17.4 CTS/LB (cents per pound), the…
Industry Odisha Bureau, Aug 25: Since an erroneous credit report tends to lower one’s credit score as well as affects loan eligibility, financial experts have reportedly laid stress on a regular review of one’s credit report so that it could help the borrower not to lose his/her creditworthiness. Media reports, citing financial experts, have advised that, “If a borrower regularly reviews his/her credit report, it could help to detect the incorrect repayment records, duplicate accounts and outdated loan information in order to maintain an accurate credit history.” Media reports, citing financial experts, have further underlined that, “A borrower’s weak credit…
Industry Odisha Bureau, Aug 25: The Union Cabinet-approved Mobile Phone Manufacturing Scheme (MPMS) reportedly launched by the Government of India in July this year with a budgetary outlay of Rs 62,500 crore aims not only to further scale up the production and deepen value addition, but also to build homegrown smartphone brands. Accroding to the press note by the Press Information Bureau (PIB) of India released on July 15, 2026, the salien features of the Union Cabinet-approved Rs 62,500 crore MPMS is: “To further scale up the production, deepen domestic value addition, strengthen supply chain resilience, enhance global competitiveness, the…
Industry Odisha Bureau, Aug 25: Coal India Limited has established a wholly-owned subsidiary in Singapore named CIL Global Pte Ltd. The entity will explore, acquire and manage overseas critical mineral assets globally. Lithium and cobalt represent strategic priorities for the new international acquisition platform substantially. This marks India’s largest coal producer pivoting toward energy-transition commodity supply chains decisively. Lithium and cobalt are essential materials for batteries, renewable energy systems and defence technologies. Securing reliable access to these commodities strengthens India’s critical mineral supply chain resilience significantly. The Singapore subsidiary provides Coal India with structural flexibility to pursue international mineral opportunities…
Industry Odisha Bureau, Aug 25: The US Department of Homeland Security has proposed raising H-1B visa fees to $103,265 substantially. The proposal revives a levy previously struck down by courts last year decisively. The regulation also targets the F-1 Optional Practical Training programme as part of a broader overhaul. Indian nationals face particular exposure as they comprise over seventy percent of beneficiaries significantly. The Department has additionally proposed eliminating the sixty-day grace period available to H-1B workers currently. If finalised, workers and dependents would have to leave the United States almost immediately. Previously, professionals losing employment could spend two months…