Two-Day Holiday for Rath Yatra Announced Chief Minister Mohan Charan Majhi has declared a two-day public holiday in Odisha for the Rath Yatra, scheduled for July 7 and 8, 2024. This announcement was made after the final joint meeting for Rath Yatra 2024, which took place at the Puri Municipality Hall on Tuesday. Final Preparations…
Colour Change and Rebranding The popular Laccmi bus service in Odisha has undergone a significant transformation. Reports on Tuesday confirmed that the buses, originally green, have now been painted orange. Along with the color change, the name has also been altered from Laccmi Bus to Mukhya Mantri Bus Seva, which translates to Chief Minister Bus…
Fugitive Businessman Faces New Legal Troubles A special court in Mumbai has issued a non-bailable warrant against fugitive businessman Vijay Mallya in connection with a Rs 180-crore loan default case involving Indian Overseas Bank (IOB). The order, issued by special CBI court judge SP Naik Nimbalkar on June 29, was made public on Monday. The…
High-Profile Investors Deceived Rishi Shah, an Indian-American businessman and former billionaire, has been sentenced to seven and a half years in prison by a US court. The sentence concludes a massive ₹8,300 crore ($1 billion) fraud case. The scheme deceived high-profile investors, including Goldman Sachs Group Inc., Google’s parent company Alphabet Inc., and Illinois Governor…
Hindenburg Receives Notice from SEBI Hindenburg Research, a US-based short-seller, has been issued a show-cause notice by India’s capital market regulator, the Securities and Exchange Board of India (SEBI). The notice pertains to suspected violations of Indian regulations in the context of the Adani Group case. Allegations Against Adani Group In January 2023, Hindenburg Research…
Odisha has reported a substantial increase in State GST collections for June 2024, showcasing significant economic growth and improved tax administration. The state collected ₹2,039.71 crore under State GST (OGST + IGST Settlement), up from ₹1,650.82 crore in June 2023. This marks an impressive growth rate of 23.56%. Robust Year-to-Date Growth in State GST The…
Sujata Khatua, a resident of Bhadrak town in Odisha, has made it to the India Book of Records. She has been recognized for writing songs about road safety in memory of her late son, Soumitra Mohanty. A Heartbreaking Loss Soumitra was in his final year of MBBS. Tragedy struck when he died in a road…
Rigorous Credential Verification Mandated The Odisha government has initiated a stringent process to verify the credentials of doctors and specialists involved in Public-Private Partnership (PPP) healthcare services. This comes after alarming reports of unqualified individuals posing as medical professionals. All Chief District Medical Officers (CDMOs), Public Health Officers (PHOs), and relevant Directors have been instructed…
Unreturned ₹2000 Notes in the Economy The Reserve Bank of India (RBI) recently announced that ₹7,961 crore, equivalent to about $954 million, worth of ₹2000 banknotes are still in circulation. These notes have not been returned or deposited despite their withdrawal from active use. This unreturned amount represents 2.24% of the total ₹3.56 lakh crore,…
A Historic Opportunity for Indian Citizens Space Exploration and Research Agency (SERA), in partnership with Blue Origin, has opened the door for Indians to participate in a groundbreaking human spaceflight initiative. This program targets countries with limited spaceflight experience, offering a rare chance to journey into space. Blue Origin’s New Shepard Mission SERA, based in…
