THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 8, 2025 Odisha has witnessed its highest-ever industrial growth in a single year, surpassing the combined industrial progress of the previous five years, Chief Minister Mohan Charan Majhi announced on Sunday. He credited the achievement to focused governance, committed implementation, and robust collaboration with the industry. Speaking at a special interaction with leading industrialists, MSME entrepreneurs, ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 8, 2025 Maharashtra and Karnataka emerged as the top magnets for foreign investment in India during the financial year 2024-25, jointly accounting for 51 per cent of the country’s total foreign direct investment (FDI), according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra led the tally with a ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 7, 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has intensified its efforts to promote rooftop solar installations across Central Odisha under the PM Surya Ghar – Muft Bijli Yojana (PMSGMBY). In a significant move to make the scheme more accessible and consumer-friendly, TPCODL has waived ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 7, 2025 India’s electric passenger vehicle (EV) market reached a significant milestone in May 2025, with the segment’s market share surging past the 4 per cent mark for the first time, reflecting the country’s accelerating shift towards sustainable mobility. According to data released by the Federation of Automobile Dealers Associations (FADA), EVs accounted for 4.01 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 7, 2025 In a bold declaration of its maritime ambitions, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, on Saturday announced that India is firmly committed to achieving net zero emissions at all major ports by 2047. This announcement was made during his interaction with students of the prestigious Blue MBA Executive Programme at ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 7, 2025 In a decisive move to protect domestic industries from unfair trade practices, the Indian government has slapped anti-dumping duties on the import of Vitamin-A Palmitate and insoluble sulphur — two key industrial chemicals — sourced from China, Japan, Switzerland, and the European Union. The Ministry of Finance issued a notification on June 6, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 7, 2025 Vedanta Aluminium, India’s largest aluminium producer, underscored its commitment to sustainable development by presenting a powerful showcase of its Environmental, Social and Governance (ESG) initiatives at the State-Level World Environment Day & Prakruti Mitra Award Ceremony. The event, held on June 5 at Krushi Shiksha Sadan in Bhubaneswar, was organised by the Forest, Environment ...

THEBUSINESSBYTES BUREAU JODA/BARBIL, JUNE 6, 2025 Jindal Steel & Power (JSP) reaffirmed its commitment to environmental stewardship with vibrant celebrations of World Environment Day across its Barbil Pellet Plant, Kasia, and Tensa mines. Aligned with the global theme ‘Beat Plastic Pollution,’ the company organized a series of impactful initiatives that brought together employees, families, local communities, and forest officials. JSP ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 6, 2025 In a bold and growth-oriented move, the Reserve Bank of India (RBI) on Friday slashed the benchmark repo rate by 50 basis points, bringing it down from 6 per cent to 5.5 per cent. Announcing the decision, RBI Governor Sanjay Malhotra said the rate cut aims to stimulate economic activity as inflation has dipped ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 Reinforcing its commitment to a sustainable future, India marked World Environment Day 2025 with a grand celebration at Bharat Mandapam, New Delhi, under the unifying theme, “One Nation, One Mission: End Plastic Pollution.” Organized by the Union Ministry of Environment, Forest and Climate Change, the event drew participation from top government officials, industry ...