Business

New Delhi: Bank unions Sunday deferred their three-day nationwide strike following assurance from the Indian Banks’ Association (IBA) on their demands, including a five-day work week. The strike call beginning Monday was given by the United Forum of Bank Unions (UFBU), which coincides with half-yearly...

Bhubaneswar: The Odisha Tourism Department Sunday signed MoUs to facilitate the establishment of homestays and promotion of adventure and heritage tourism in the state. The department signed an MoU with the State Bank of India (SBI) to provide financial support for homestays, in the presence...

New Delhi: State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB) and several other public sector banks are open Sunday (September 27), giving customers an opportunity to complete their banking work before a proposed three-day nationwide bank strike from September 28...

New Delhi: Supreme Court will Monday hear a plea challenging the Centre's decision to impose a Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions of over Rs 2,000. Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per...

New York: OpenAI said it has paused training of its latest artificial intelligence models as reports of AI agents going rogue mount. The decision to halt development came just hours after the company disclosed Friday that it was reviewing several incidents from the summer in...

Bhubaneswar: Chief Minister Mohan Charan Majhi said the designation of Paradip Port as a ‘Mega Port’ under the Indian Ports Act, 2025 marks a significant recognition of the state’s growing strength in India’s maritime economy. With the new status, Paradip Port has become the only...

BANDANA SETHI, OP Bhubaneswar: Built in 1991 to streamline Bhubaneswar’s emerging retail sector, Indradhanu Market (or ID Market) spans 7 acres of General Administration department land. Developed by the Bhubaneswar Development Authority (BDA), the site features multiple structures housing banks, government offices, and various shops....

Bhubaneswar: Vedanta’s proposed aluminium projects worth Rs 1 lakh crore will generate over 2 lakh direct and indirect jobs. Efforts to implement the projects will be intensified. It will help establish Odisha as a world-class aluminium production hub, Chief Minister Mohan Charan Majhi said in...

Washington: US President Donald Trump Saturday rejected Iran's proposal to reopen the Strait of Hormuz. Iran offered this week to reopen the strait and resume talks on its nuclear programme in seven days if the US lifts its naval blockade of Iranian ports, waives sanctions...

Bangkok: China and the US agreed to set up a channel for handling AI-related incidents and accelerate work on military crisis communications following a three-day summit between their leaders in Washington, both sides said in statements Saturday. The two sides agreed to keep working together...