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Business News Updates

Clean Energy
India among 23 nations to deliver 221 clean energy projects

Twenty-three national governments, including India and the UK, and the EU, collaborating through Mission Innovation (MI), on Friday announced that they will coordinate to deliver 221 demonstration projects globally in this decade to accelerate clean energy technologies in the hardest to abate sectors.

RBI
RBI expended about $80bn or 15% of reserves moderating rupee fall

The RBI has expended around $80 billion -- about 15 per cent of reserves -- moderating the rupee fall and that was the apt policy choice then.

Tata Steel
Mega Merger: Seven Tata companies to amalgamate with Tata Steel

Steel major Tata Steel Ltd on Friday announced a mega merger of listed and unlisted companies mainly to derive business synergies and also to reduce and simplify the Tata Group's steel business structure.

Rupee & Dollar
Rupee slips first time below 81-mark against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.28 per cent to 111.412.

Nearly 65% households plan to spend during this festive season
Nearly 65% households plan to spend during this festive season

Meanwhile, 6 per cent of respondents said they will spend but were undecided about the amount.

Gold Necklace
Check rates of Gold, Silver in Odisha's Twin City today

Factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India

Tax on petrol, diesel
Know petrol and diesel prices in different towns of Odisha on September 23

The price of petrol and diesel vary depending upon several factors such as the local taxes, Value Added Tax (VAT), freight charges, etc.

RBI
RBI restrains Mahindra Finance from using recovery agents after accident

The Reserve Bank of India (RBI) on Thursday directed Mahindra & Mahindra Services Ltd, Mumbai (MMFSL), to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders.

Swiggy and Zomato
Swiggy, Zomato make it to top 10 global online food delivery firms

Homegrown online food delivery platforms Zomato and Swiggy have made it to the list of the world's 'Top 10' e-commerce-based food delivery companies, says a new report.

Gold Bangles
Metal prices up; check gold, silver rates in Bhubaneswar and Cuttack

Gold is being traded at Rs 5100 per gram (GST 995) and at Rs 5110 (Cash 995) in Cuttack.

Petrol, Diesel Prices in Odisha
Petrol, diesel prices in Odisha: Check latest rates of fuel in different towns of state on Sept 22

Fuel prices, especially of petrol and diesel, are very sensitive to global crude prices and also depend on several other factors decided by the government of India and oil marketing companies.

US Federal Reserve hikes interest rate
US Federal reserve raises key interest rate to battle recession

The US Federal Reserve has announced another interest rate hike to fight inflation amidst growing concerns.

CBI arrests promoter in ABG Shipyard Rs 22,842 cr bank loan fraud
CBI arrests promoter in ABG Shipyard Rs 22,842 cr bank loan fraud

He will be produced before the Rouse Avenue Court in Delhi on Thursday. The CBI will seek his two-week custody.

Despite Covid pandemic and inflation, India's Rs 1,000 Cr rich club grew: Survey
Despite Covid pandemic and inflation, India's Rs 1,000 Cr rich club grew: Survey

The youngest on the list is Kaivalya Vohra aged 19, who founded Zepto which shows the impact of the startup revolution.

Todays Gold Prices
Gold, Silver rates today: Check latest prices of precious metals in Odisha

For 23-carat, the price of 10 grams of yellow metal reached Rs 47,500 while the rate of 22-carat gold reached Rs 45,590.

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