Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
Bhubaneswar: The first in-person technical meeting of the BRICS Disaster Risk Reduction (DRR) Working Group under India’s presidency will start in Puri from June 3, officials said Monday. The agenda includes sustainable financing for disaster risk reduction, resilient infrastructure and early warning systems, with additional discussions on anticipatory response and the use of traditional knowledge…
NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it…
The data of National Family Health Survey (NFHS-6), held for 2023-24, show that 51.8% of women use internet against NFHS-5’s (2019-21) figure of 24.9% Bhubaneswar: Internet usage among women in Odisha has doubled in the five years between 2019 and 2024. The data of National Family Health Survey (NFHS-6), held for 2023-24, show that 51.8%…
CHENNAI: The Indian passenger vehicle (PV) industry delivered a resilient performance in May 2026, with four of the six leading automakers-which together account for nearly 94% of India’s PV volumes-posting double-digit year-on-year growth despite recent vehicle price increases driven by rising raw material costs linked to the West Asia crisis, and a fuel price hike…
Bhubaneswar: The state’s higher education ecosystem has recorded a significant surge in research and innovation output over the past two years, with universities reporting a nearly fourfold increase in patent filings and a substantial rise in research publications.Commissioner-cum-secretary of higher education department Aravind Agarwal said that the number of patents generated by universities and higher…
MUMBAI: Unified Payments Interface transactions rose to 2,320 crore in May 2026 from 2,235 crore in April while value increased to Rs 29.9 lakh crore from Rs 29 lakh crore, translating into 24% growth in volume and 19% growth in value on a year-on-year basis.Average daily transactions stood at 74.8 crore with 74.5 crore in…
Balangir: Police on Monday seized explosives and arrested three persons for allegedly conducting illegal blasting operations at a stone quarry near Talpadar village under Tarbha police station limits in Subarnapur district. Police seized 43 detonators, 225 packets of gunpowder each weighing 25 kg and six bundles of detonating cord. The accused have been identified as…
NEW DELHI: India and Oman rolled out a free trade agreement on Monday, with first set of consignments being shipped at concessional or zero rates, as New Delhi offered a food security pact to further cement ties with the Gulf Nation.Amid the West Asia conflict, which has disrupted supplies, Oman’s foreign trade advisor Pankaj Khimji…
Rourkela: A 26-year-old man, who sustained burn injuries after his speeding car caught fire on hitting a divider at Sundargarh on Sunday midnight, died on Monday. The deceased, Ananda Bhoi, of Giringkela village under Lephripada police station, was going to attend to his ailing mother at Government Medical College & Hospital, Sundargarh, when the mishap…
