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New Delhi: Mobile services are still a distant dream for many people living in rural areas of the state as towers have not been installed in 9,940 villages in Odisha. According to the Ministry of Electronics and Information Technology, as per data collected from the...

#WINNERS State-run banks A plan to infuse capital worth Rs 700 billion ($10 billion) and provide a partial one-time guarantee on loan defaults on borrowings by shadow banks may help state-run banks. Strengthening the Reserve Bank of India’s regulatory hold on default-prone non-banking finance companies...

New Delhi: Finance Minister Nirmala Sitharaman’s maiden Budget is “mega investment-oriented” with a blueprint to transform India’s economy to reach $5 trillion by 2025, India Inc said Friday. While Vedanta Resources Chairman Anil Agarwal termed it a progressive Budget, RPG Enterprises Chairman Harsh Goenka said...

Bhubaneswar: Proposals in Nirmala Sitharaman’s first budget speech as the Union minister have evoked different shades of retort with diametrically opposite  emotions of applaud and angst flowing in from different corners. Expectations of a major tax relief in the present budget were not fulfilled as...

New Delhi: Finance Secretary Subhash Chandra Garg Friday said the government expects Rs 90,000 crore as dividend from the RBI in the current fiscal. This is 32 per cent jump from the previous fiscal, when the central bank paid Rs 68,000 crore to the government...

# HAPPY WITH BUDGET FOREIGN BRANDS Major single-brand retailers, including IKEA and H&M, Friday hailed the government's budget proposal to ease local sourcing norms for foreign direct investment in the sector. Industry experts opined that the budget proposal would help attract more foreign players to...

Cuttack: The conjoined twins, who were born at Dhenkanal district headquarters hospital, died while undergoing treatment at Sishu Bhawan here Friday, said Sishu Bhawan superintendent Saroj Satpathy. “Attempts of feeding the babies went in vain. It wasn’t possible to shift the twins to other healthcare...

New Delhi: Petrol price will be hiked by over `2.50 per litre and diesel by more than `2.30 after Finance Minister Nirmala Sitharaman Friday raised taxes on the fuels to part-fund her Budget for 2019-20. Sitharaman raised excise duty and road and infrastructure cess on...

CUTTACK: Three adventure enthusiasts, Deepak Kumar Nayak, Subhasis Das and Parimal Tudu, went on an exploratory trip Thursday to Kusapangi village in Cuttack district which has some historic caves. Talking to Orissa Post Deepak said, “Kusapangi village located on the outskirts of Chandaka has got...

Bhubaneswar: Xavier Institute of Management Bhubaneswar organised a plantation drive on its campus Friday on the occasion of Banamahotsav-2019. In the aftermath of the extremely severe cyclonic storm Fani, the once lush green city of Bhubaneswar had turned barren within a few hours. The rain and...