Business

Bhubaneswar: Prime Minister Narendra Modi is scheduled to inaugurate the Reserve Bank of India’s Rs 169-crore data centre at Info Valley-II, Jatani, in Odisha’s Khordha district October 25, 2026. The data centre, located near Bhubaneswar, is designed to operate as a secondary backup to the...

New Delhi: Gold prices dipped 3.28 per cent on a weekly basis, while silver prices declined 7.83 per cent this week, as rising crude oil prices heightened inflation fears. The rising inflation concerns reinforced expectations that global interest rates will stay higher for longer, prompting...

Mumbai: The macroeconomic environment remains challenging, with crude oil emerging as a key source of uncertainty for domestic markets, analysts said Saturday, as Indian equities endured a challenging, holiday-shortened week, with benchmark indices extending their losses. Nifty 50 and Sensex recorded weekly declines of approximately...

ARINDAM GANGULY, OP Bhubaneswar: Odisha has secured investment proposals worth Rs 53,893.51 crore with the potential to generate 20,210 jobs during India Chem 2026 in Mumbai, Chief Minister Mohan Charan Majhi said Friday. Majhi, who led the state’s delegation to the event, announced after arriving...

Bhubaneswar: The 19th Urban Mobility India (UMI) Conference 2026 kicked off in Bhubaneswar Friday, with Union Minister of State for Housing and Urban Affairs Tokhan Sahu inaugurating the two-day event. The two-day conference, being held October 23–24, is organised by the Ministry of Housing and...

New Delhi: Jio Platforms' initial public offering closed with bids for 22.19 times the shares on offer, as total demand across the public issue and anchor investor placement crossed Rs 7.4 lakh crore and applications approached a world-beating 1.39 crore in an unprecedented response to...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday held discussions with top executives of South Korean steel major POSCO and domestic steelmaker JSW Group on the proposed 6 MTPA greenfield steel plant in the state. The meeting took place in Mumbai, where CM Majhi is...

Mumbai: Benchmark equity indices Sensex and Nifty ended lower for the fourth consecutive session Friday as crude oil prices breached the USD 114 level amid escalating tensions in West Asia, keeping investors on edge. A broad-based selling across sectors and FII outflows amid weak global...

Dubai: Indian airline IndiGo has extended the cancellation of its flights to Saudi Arabia amid security concerns in the region, the Indian Embassy in Riyadh confirmed Friday. "IndiGo flights to and from Riyadh will remain cancelled until 31 October 2026 (inclusive), while flights to and...

New Delhi: India’s largest lender State Bank of India (SBI) Friday stated that account balances and funds of customers remain safe following a recent cyber incident that led to exposure of 3,897 customer records on the dark web. In a statement that was shared on...