Sagar Rath

Shree Jagannath International Airport: Land Acquisition and Development Plans Unveiled

A Major Infrastructure Initiative for Puri The Odisha government has embarked on an ambitious plan to develop the Shree Jagannath International Airport in Puri, aiming to enhance connectivity and boost tourism. As part of this initiative, 221 acres of land in the Sipasarubali and Sandhapur areas under Brahmagiri tehsil are set to be acquired. The…

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Trump Warns Putin: Blocking Ukraine Ceasefire Could Have Dire Consequences

A Pivotal Moment in the Ukraine Conflict The war in Ukraine has persisted for over two years, leading to massive casualties and widespread destruction. As global efforts to broker peace intensify, a US-backed ceasefire agreement is now at the center of diplomatic discussions. However, uncertainty looms over Russia’s commitment to the truce, prompting a stern…

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RBI to Issue New Rs 100 and Rs 200 Banknotes: What’s Changing?

How Currency Notes Are Issued The Reserve Bank of India (RBI) is the sole authority responsible for issuing currency notes in India. The process involves designing notes with enhanced security features, selecting motifs that reflect India’s cultural heritage, and ensuring smooth circulation. Every currency note issued by the RBI bears the signature of the current…

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India-Mauritius Strengthen Strategic Ties: PM Modi Receives Mauritius’ Highest Honour

A Deep-Rooted Partnership India and Mauritius share a long-standing relationship built on historical, cultural, and economic ties. As a key partner in the Indian Ocean region, Mauritius has benefited from India’s support in trade, infrastructure, security, and capacity building. Strengthening this partnership, Prime Minister Narendra Modi and Mauritian Prime Minister Navinchandra Ramgoolam recently signed eight…

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Temasek Acquires 10% Stake in Haldiram’s Snack Division for $1 Billion

A Landmark Deal in India’s FMCG Sector Singapore’s sovereign investment firm, Temasek, has finalized a deal to acquire nearly a 10% stake in Haldiram’s snacks division for approximately $1 billion. This move marks a significant foreign investment in India’s fast-growing consumer sector, particularly in the thriving savory snacks segment. The deal, following months of negotiations,…

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IndusInd Bank Shares Rebound After Sharp 27% Crash: What Lies Ahead?

IndusInd Bank’s Steep Fall IndusInd Bank’s share price witnessed extreme volatility this week, with a sharp 27% crash on Tuesday followed by a partial recovery on Wednesday. The steep fall was triggered by the revelation of discrepancies in the bank’s forex derivatives portfolio, raising concerns over its financial health and transparency. This decline added to…

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Journalists Protest Mobile Phone Ban in Odisha Assembly Press Gallery

A Controversial Ban on Press Freedom A major controversy erupted in the Odisha Assembly on Wednesday as journalists covering legislative proceedings staged a protest against a sudden ban on mobile phones inside the press gallery. The move, which restricts reporters from carrying essential communication devices, has sparked strong opposition from the media fraternity, who argue…

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KIIT and KIMS Face Holding Tax Controversy: BMC Issues Notices

The KIIT Controversy Kalinga Institute of Industrial Technology (KIIT) and its associated medical wing, Kalinga Institute of Medical Sciences (KIMS), have long been recognized as premier institutions in Odisha, offering world-class education and healthcare services. Founded by Achyuta Samanta, these institutions have received national and international acclaim. However, recent controversies surrounding unpaid taxes and allegations…

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Ukraine and Russia Edge Toward Ceasefire as Trump Administration Steps In

The Russia-Ukraine War The Russia-Ukraine war, which began with Russia’s full-scale invasion in 2022, has devastated Ukraine and led to prolonged international tensions. Despite various diplomatic efforts, the conflict has continued with relentless battles, territorial losses, and economic instability. With Donald Trump taking office as the U.S. President earlier this year, the geopolitical landscape has…

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Bridging the Digital Divide:  Jio Partners with SpaceX to Bring Starlink Internet to India

A Major Collaboration in Satellite Internet Reliance Jio has announced a groundbreaking partnership with Elon Musk’s SpaceX to introduce Starlink’s satellite-based internet services in India. This collaboration is set to revolutionize broadband connectivity, especially in rural and remote regions. As the world’s largest mobile operator by data traffic, Jio aims to leverage Starlink’s advanced low…

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