Business

New Delhi: The Finance Ministry Saturday notified the Unified Pension Scheme (UPS) which promises an assured pension of 50 per cent of the average basic pay drawn over the last 12 months prior to superannuation. The UPS would be applicable to Central Government employees who...

Bhubaneswar: Captains of industries, including LN Mittal, Kumar Mangalam Birla, Anil Agarwal, Sajjan Jindal, Naveen Jindal, Karan Adani and many others, will be among 7,500 delegates expected to attend the two-day Odisha business summit starting from January 28, a minister said Saturday. Industries Minister Sampad...

Colombo: The Sri Lankan government Saturday said it has revoked the pricing agreement for Adani Group's wind power projects in the island nation and appointed a committee to review them. At the same time, it said there was no decision to cancel the projects awarded...

New Delhi: India and Indonesia Saturday decided to work jointly in defence manufacturing and supply chains, diversify two-way trade basket and boost maritime security ties with Prime Minister Narendra Modi describing the Southeast Asian nation as an "important partner" of New Delhi in the Indo-Pacific. Following...

Bhubaneswar: With Odisha emerging as a top performing 'achiever' among the states listed in NITI Aayog's first Fiscal Health Index (FHI) report for 2022-2023, BJD president and former Chief Minister Naveen Patnaik Saturday said it is heartening to see the state in the number one...

New Delhi: Mineral-rich Odisha, Chhattisgarh, Goa and Jharkhand have emerged as top-performing 'achievers' among the states listed in NITI Aayog's first Fiscal Health Index (FHI) report released Friday. The report titled 'Fiscal Health Index 2025' covers eighteen major states that drive the Indian economy in...

Bhubaneswar: Odisha government Friday approved investment proposals worth Rs 32,736 crore in eight transformative industrial projects which will generate employment for over 18,688 people, an official said. The proposals were approved at the High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi....

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday said the state budget will prioritise industry, tourism and fill vacant government posts. In a pre-budget consultation meeting attended by former finance ministers, financial experts and association representatives, Majhi emphasised creating a "people's budget" with focus on...

Mumbai: Equity benchmarks Sensex and Nifty surrendered early gains to close with losses in a volatile session on Friday, snapping their two-day winning streak as investors pared exposure to realty, oil & gas and healthcare stocks amid a mixed trend in global markets. Unabated foreign...

New Delhi:  India’s manufacturing sector recorded a strong growth in January this year led by a sharp rise in new export orders and a likely flurry of restocking activity around the world, according to the HSBC flash PMI report released Friday. Based on an analysis...