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Zurich/New Delhi: Money parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell by nearly 6 per cent in 2018 to 955 million Swiss francs (about Rs 6,757 crore) to hit its second-lowest level in over two decades, Swiss National Bank...

Puri: The Shree Jagannath Temple Administration (SJTA) has laid down a set of rules for servitors and Srimandir employees to ensure smooth organisation of the upcoming Rath Yatra. The temple administration has threatened to take stern action against servitors and employees for any violation of...

Bhubaneswar: Many students are in a catch-22 situation as several universities in the state have scheduled their entrance tests for admissions to post-graduate (PG) courses on the same date. According to sources, Utkal University, Rama Devi Women’s University, Ravenshaw University, Berhampur University, North Orissa University...

London: Heading into the G20 summit, Facebook is on notice from powerful regulators including the Fed chief that its plans for a global cryptocurrency face piercing scrutiny. The Libra coin is endorsed by a heavyweight consortium of companies, and could see Facebook leverage its two...

Bhubaneswar: The MD and CEO Dinabandhu Mohapatra of State-owned Bank of India (BoI) Wednesday claimed that the bank aims to increase its profit in the first quarter of financial year of 2019-20. Mohapatra was in the city to donate Rs 6.61 crore to the Chief...

Mumbai: Reliance Infrastructure Ltd (RInfra) will construct a 17.17 km-long Versova-Bandra Sea Link (VBSL) at a cost of Rs 7,000 crore, a statement said here on Wednesday. The project - to be developed by RInfra in partnership with Italy’s Astaldi S.p.A. - was awarded on...

Bhubaneswar: Maruti Suzuki India Limited organised mass delivery of Vitara Brezza here, Wednesday. The company delivered 51 Vitara Brezza to its owners. The event was organised by MSIL regional manager Vivek Sarode and dealership owners. “Brezza has been hugely accepted in Odisha. We sell around...

Bhubaneswar: State minister for MSME, Energy, Industries and Home Captain Dibya Shankar Mishra, Wednesday reiterated that development of the start-up ecosystem in Odisha remains the top priority of the government and that the next phase of the programme would be expanded to districts by establishing...

New Delhi: The Income Tax Department (ITD) will share information on assets of loan defaulters with PSU banks following the state lenders’ request to ITD to furnish details of immovable properties and assets of loan defaulters to enable them recover from such debtors. In a...

New Delhi: The Reserve Bank of India has clarified an earlier directive and stated that foreign payment firms such as Mastercard and Visa can process transactions made in India outside the country but will have to store the related data locally within 24 hours. In...