Business

Bhubaneswar: To create financial literacy awareness among the tribal population, the Reserve Bank of India (RBI), Odisha office has prepared five specific booklets in Santali (Ol Chiki) language, an official said. Odisha Chief Minister Mohan Charan Majhi released the booklets at Bali Jatra in Cuttack...

New Delhi: The Income-Tax Department Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law. The department issued a public advisory as part...

New Delhi: The Indian startup ecosystem raised more than $182 million in funding this week, a substantial gain from last week’s $138 million funding. At least 24 Indian startups secured nearly $182.62 million, led by three growth-stage deals and 19 early-stage deals. Rural household-focused platform...

Bhubaneswar: The East Coast Railway (ECoR) plans to install the Kavach, train collision avoidance system, an official said. The Kavach system will be installed between Ranital (Bhadrak) in Odisha and Duvvada (Visakhapatnam) in Andhra Pradesh, a vital section of the Howrah-Chennai main line covering a...

Mumbai: The Securities and Exchange Board of India (SEBI) has fined Reliance Big Entertainment Rs 26 crore for failure to clear penalties imposed by the capital markets regulator. The company earlier failed to pay penalties in a case pertaining to illegal diversion of funds. SEBI...

Bhubaneswar: The Centre aims to develop Odisha as a major hub for renewable energy (RE) and explore the scope of green hydrogen production in the state, said Union Minister of New and Renewable Energy Pralhad Joshi, while addressing the valedictory session of the two-day ‘Chintan...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi is all set to embark on a four-day visit to Singapore from Sunday to attract investment to the state, officials said. Majhi, after becoming the Chief Minister in June, is visiting a foreign country for the first time....

New Delhi: India Friday said unilateral trade measures in the name of climate action are "discriminatory, harm multilateral cooperation" and go against the principles of the UN climate change convention. Making an intervention in the presidential consultations on 'unilateral measures' at COP29 in Baku, India...

New Delhi: Automobile retail sales in India rose 12 per cent year-on-year to 42,88,248 units in the 42-day-long festive period this year, dealer's body FADA said on Friday. The overall automotive registrations in the festive period of the last year stood at 38,37,040 units. "We...

New Delhi: Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook...