THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 6, 2025 Odisha’s Development Commissioner-cum-Additional Chief Secretary (ACS) Anu Garg has urged banks to achieve the full 100% target of the Annual Credit Plan (ACP) for the fiscal year 2024-25, amounting to ₹2.11 lakh crore. Addressing the 178th State Level Bankers’ Committee (SLBC) meeting on Thursday, she emphasized the need to strengthen credit flows to key ...

THEBUSINESSBYTES BUREAU KEONJHAR, MARCH 2, 2025 In a move set to transform the economic landscape of the region, Odisha Chief Minister Mohan Charan Majhi has announced the establishment of a mega steel plant in Keonjhar with an investment ranging from Rs 30,000 crore to Rs 40,000 crore. The ambitious project was announced at the annual-day function of Chandra Sekhar College ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 17, 2025 Odisha Chief Minister Mohan Charan Majhi unveiled the state’s budget for the financial year 2025-26, setting an ambitious outlay of Rs 2.90 lakh crore, marking a significant step towards realizing the state’s vision for economic transformation. The budget prioritizes key sectors including agriculture, infrastructure, urbanization, and industrial development, reflecting the state’s drive to enhance ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 12, 2025 A revolutionary development in the field of oral health has been awarded a United States patent, thanks to the ingenuity of Prof. (Dr.) Neeta Mohanty, the Pro-Vice Chancellor (Research and Collaboration) at Siksha ‘O’ Anusandhan (SOA) Deemed to be University. Her invention, an automated oral biopsy device, promises to transform the process of diagnosing ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 11, 2025 Odisha continues to attract significant investment even after the highly successful Utkarsh Odisha Conclave. In a major boost to the state’s renewable energy sector, Chile-based multinational company HIF Global India has expressed its interest in investing approximately $1 billion in Odisha for a methanol synthesis project. The proposal was presented on Tuesday at the ...

THEBUSINESSBYTES BUREAU CUTTACK, FEBRUARY 8, 2025 The inaugural MGM T20 Championship 2025 is officially underway at the MGM School of Sports, a world-class cricket academy located in Kapursingh, Cuttack. Running from February 8 to February 11, this high-profile tournament is set to highlight emerging cricket talent and further elevate Odisha’s sporting community. The four-day competition was launched with an inauguration ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 4, 2025 In a bid to boost tourism and attract investments, the Odisha government organized a high-profile roadshow in Hyderabad on Tuesday, highlighting the state’s rich cultural heritage, diverse landscapes, and emerging tourism opportunities. The event, held in association with the Federation of Indian Chambers of Commerce & Industry (FICCI), drew participation from over 40 travel ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 4, 2025 The 16th Finance Commission, led by Chairman Dr. Arvind Panagariya, commenced its four-day visit to Odisha, delving into the state’s rich tribal heritage and world-class sports infrastructure. The delegation, comprising esteemed members, arrived in Bhubaneswar on Tuesday and began its tour with visits to the Odisha State Tribal Museum and Kalinga Stadium. At the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 4, 2025 In a groundbreaking move to enhance urban mobility, Odisha has launched Odisha Yatri — a cutting-edge mobility app that prioritizes safety, fairness, and driver empowerment. The app is redefining the way people travel across Bhubaneswar and Cuttack, quickly emerging as the preferred choice for thousands of commuters seeking a reliable and secure transportation solution. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 4, 2025 Welspun New Energy has entered into a significant agreement with the Odisha government to invest Rs 13,500 crore in the development of two large-scale clean energy projects in the state. This landmark investment aims to bolster Odisha’s renewable energy capacity and contribute to India’s ambitious green energy goals. Under the agreement, Welspun New Energy ...