Business
Stay updated with the latest business news from Odisha, India, and beyond. Covering market trends, corporate developments, trade policies, finance, and entrepreneurship, this section provides real-time updates and in-depth analysis.
SBI Hikes Home Loan Rates as Public Sector Banks Recalibrate Spreads to Protect Margins
State-owned banks have begun tweaking the spreads on home loans, recalibrating them upward to counter the impact of falling external benchmark-linked rates (EBLR). This shift comes as public sector banks...
Tariffs on India Won’t Stop Putin: US Lawmakers:
Imposing tariffs on India will not deter Russian President Vladimir Putin or resolve the Ukraine conflict, Democrats on the US House Foreign Affairs Committee said on Friday, pushing back against...
ICICI Bank Slashes Minimum Balance to Rs 15,000 After Public Outcry
ICICI Bank has reduced the minimum average balance requirement for new urban and metro savings accounts from Rs 50,000 to Rs 15,000. The move comes after widespread public outrage and...
Retail Inflation Falls to 1.55% in July 2025, Lowest Since 2017
India’s headline retail inflation fell dramatically to 1.55% in July 2025, marking its lowest level since June 2017, according to data released by the National Statistics Office (NSO). The decline...
Man and Toddler Killed in Keonjhar Highway Crash, Mother Critical
A devastating road accident occurred near Topadihi Chhak on National Highway 520 in Odisha’s Keonjhar district, claiming the lives of a father and his two-year-old daughter. The victims, Dilip Sinku...
Odisha Emerges as GCC Hotspot: TiECon Bhubaneswar 2025 Sparks Global Interest
Odisha is gearing up for its next phase of growth, driven by entrepreneurship, innovation, and manufacturing. Chief Minister Mohan Charan Majhi made this announcement during the closing ceremony of TiECon...
Industry–Parliament Dialogue Charts Path for Odisha’s Development
In a landmark initiative to accelerate Odisha’s socio-economic progress, the Confederation of Indian Industry (CII) Odisha convened an Interactive Session with 14 Hon’ble Members of Parliament from the state in...
Income Tax Bill 2025 Withdrawn: Revised Version to Be Presented on August 11
The central government has formally withdrawn the Income Tax Bill, 2025, which was introduced in the Lok Sabha earlier this year to replace the outdated Income Tax Act of 1961....
Nithin Kamath Invests in Capitalmind, Reunites with Early Zerodha Supporter Deepak Shenoy
In a notable example of professional ties coming full circle, Zerodha co-founder and CEO Nithin Kamath has invested in Capitalmind Financial Services, a SEBI-registered portfolio management firm led by Deepak...
Markets Open in Red as Trump Doubles Tariffs on Indian Exports
Indian stock markets witnessed a sharp decline in early trade on Thursday after U.S. President Donald Trump imposed a steep 50% tariff on Indian exports, heightening concerns over a potential...
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