Industry Odisha Bureau, Aug 14: Researchers have identified naturally occurring human gene knockouts at an unprecedented scale. A study involving 1,73,303 participants discovered significant loss-of-function variants across approximately 6,476 genes. About one in five carried at least one gene with both copies stopped. These individuals essentially provide nature-performed experiments for understanding actual human gene function. The Pakistan Genome Resource analysed 1,66,625 exomes and 6,678 whole genomes across 23 cities. Researchers identified 6.6 million coding variants, with 47 percent absent from non-South Asian genetic databases. About 30 percent were absent from South Asian data, highlighting under representation in global knowledge. People…
Author: Industry Odisha
Industry Odisha Bureau, Aug 14: The Parliament passed the Mines and Minerals Development and Regulation Amendment Bill (MMDR), 2026 on Thursday. Union Minister G. Kishan Reddy said the legislation does not impinge upon States’ constitutional mining rights. The amendment targets only major minerals while preserving State authority over minor mineral resources. The government characterised MMDR Bill as primarily aimed at ensuring equitable growth across India’s mining ecosystem. The amendment covers only specified major minerals including coal, lignite, iron ore, graphite, cobalt, lithium and nickel. The states retain absolute control over minor minerals, which include exploration, production, land acquisition and taxation…
Industry Odisha Bureau,Aug 14: India’s merchandise exports reached $44.2 billion in July 2026, advancing 19.6% year-on-year. The increase reflected continued diversification across multiple geographic markets, officials said Thursday. However, India’s overall trade deficit widened significantly to $15 billion in July. The goods export surge reflected broad market diversification across several key regions. Exports to China jumped 65% to $2.2 billion during the month of July. Over April-July, China exports advanced 36%, indicating sustained momentum in that market. Shipments to Singapore, Japan, South Korea, Taiwan, Vietnam, Austria and Malaysia strengthened. African destinations including Kenya, Tanzania, and South Africa recorded particularly robust…
Industry Odisha Bureau, Aug 14 : The Society of Indian Automobile Manufacturers will undertake a proper scientific study on E20 fuel. The study will involve inputs from members and relevant technical experts to assess compatibility. SIAM emphasized that future industry submissions should rest upon thoroughly validated and representative evidence only. The announcement follows a Reuters investigative report on the earlier SIAM communication regarding E20 fuel. That communication contained preliminary data collected by a limited number of original equipment manufacturers only. SIAM said the communication was intended solely for internal circulation among member organizations and discussion. The association clarified that preliminary…
Industry Odisha Bureau, Aug 14: The United States Senate has advanced legislation proposing tariffs of up 100% on countries importing Russian oil in substantial quantities. India would likely face such penalties if the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 becomes law. However, New Delhi has described recent conversations with Washington regarding the proposed sanctions as reassuring, suggesting diplomatic channels remain open. The development highlights the strategic balancing act India must perform between energy security interests and its relationship with the United States. The proposed 100% US tariffs directly target India’s energy-import strategy, given that Russian crude…
Industry Odisha Bureau, Aug 13: Top industrialist Karan Adani and his team today met Deputy Chief Minister Kanak Vardhan Singh Deo here at Kharavel Bhavan. A bilateral meeting was held between senior state energy leadership and Karan Adani, alongside the executive team of the Adani Group, to discuss renewable energy (RE) sector development. The meeting was attended by the Additional Chief Secretary, Energy, Vishal Kumar Dev; Chairman and Managing Director of OPTCL, Bhaskar Jyoti Sarma; and Managing Director of GRIDCO, Satyapriya Rath, along with senior officers from the Energy Department. The deliberations focused on accelerating the deployment of clean energy…
Industry Odisha Bureau, Aug 13: NASA has invited ISRO to participate in building humanity’s first permanent lunar base. The proposed outpost near the Moon’s south pole would support scientific research. ISRO’s demonstrated cost-efficiency and expertise in lunar landing made the strategic invitation significant. NASA envisions a habitable outpost where astronauts can live and work indefinitely. The permanent presence would enable future crewed missions to Mars and research. Building such infrastructure requires habitats, power systems, rovers, and sustained cargo operations. India’s Chandrayaan-3 mission reached the lunar south pole successfully in 2023. The mission cost approximately 75 million dollars but delivered landmark…
Industry Odisha Bureau,Aug 13: Crude oil prices declined Thursday as the global demand outlook weakened considerably this year. Brent crude futures fell 1.4 percent to $87.73 per barrel on weaker consumption expectations. US West Texas Intermediate crude declined 1.53 percent to $82.00 a barrel today. OPEC’s reduced global oil-demand-growth forecast for 2026 now stands at 580,000 barrels daily. This lower forecast suggests a significantly softer outlook for global crude oil consumption. Weaker demand expectations have put meaningful downward pressure on crude oil prices worldwide. Rising US inventories added downward pressure on crude oil prices throughout the trading session. Higher crude…
Industry Odisha Bureau, Aug 13: With an aim to increase the volume in the domestic market, ease both the supply and prices ahead of the upcoming festive season, the industry of sugar mills in India has reportedly urged the Government of India (GoI) to advance the crushing of sugarcane this year. As per media reports, “The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) and National Federation of Cooperative Sugar Factories Ltd (NFCSF) have proposed for commencing the 2026-27 sugar season nearly 10-15 days earlier than the normal schedule, subject to prevailing agro-climatic conditions.” Media reports added that, “The ISMA and…
Industry Odisha Bureau, Aug 13: In a bid to capture growth as well as tap the rising demand, the Fast-Moving Consumer Goods (FMCG) and the Direct-to-Consumer (D2C) brands are reportedly focusing on the micro-economic markets in India. Media reports, citing views and analyses of market experts, have stated that, “Major FMCG and D2C brands are increasingly focusing on India’s micro‑economic and non‑metro markets, such as the tier‑II and tier-III cities, rural areas, and niche consumer segments, where competition is less saturated and demand is rising.” Media reports, citing views and analyses of market experts, have further stated that, “India’s FMCG…