As the European Union is set to widen its carbon border tax regime, Indian exports could face significantly higher carbon-related costs as the regime widens its scope, according to a report by the Global Trade Research Initiative (GTRI).The report said the European Parliament’s environment committee has proposed extending CBAM to around 180 additional steel- and…
The rupee breached the 94-per-dollar mark for the first time ever on Monday but recovered sharply to close flat at 93.53 against the US dollar, instead of ending at a fresh record closing low, amid geopolitical tensions in the Middle East, persistent foreign fund outflows and volatile crude oil prices.At the interbank foreign exchange market,…
During his reality TV days when he hosted The Apprentice, Donald Trump loved using the phrase: You are fired. It was his catchphrase, synonymous with other Trumpisms: gilded gold designs that look like they belong in the Ottoman Empire, membership of the WWE Hall of Fame, stream-of-consciousness speeches that hint at logorrhoea, taking credit for…
Former Odisha chief minister Biju Patnaik BHUBANESWAR: Former associates of Biju Patnaik including Rajya Sabha member Dilip Ray, former minister Bijoy Mohapatra and ex-BJD MP Prasanna Patasani were among senior politicians who attended a parallel event to pay homage to the former Odisha chief minister on his death anniversary, triggering fresh political speculation. The gathering…
Navratri is a nine day celebration and these days are dedicated to worship Goddess Durga. According to the Gregorian Calendar, Chaitra Navratri falls in the month of March-April. This festival is dedicated to Goddess Durga and her nine celestial incarnations or Nav Durga are worshipped each day significantly. In different parts of India, Navratri festival…
A 58-year-old betel leaf farmer was killed in an attack by an unknown person with sharp weapons at Panchama village under Golanthara police station limits in Ganjam district on Sunday. Ekadesi Nahak, a resident of Panchama, died on the spot. Senior police officers, including Berhampur SP Saravana Vivek M, along with a forensic team and…
People play with ‘gulal’ ahead of Holi on Sunday Bhubaneswar: With Holi around the corner, health experts have advised people with skin problems or those who have undergone certain skincare and cosmetic procedures to be cautious as the conditions can make their skin more sensitive to colours.Those who recently underwent treatments such as laser hair…
Kendrapada: A day after the Supreme Court expressed concern over sand mafia operating in the country, a tehsildar of Jajpur district sustained serious injuries on Saturday after he was allegedly assaulted and run over by a tractor while trying to stop illegal excavation and transportation of minor minerals at Meena Bazaar Chhak under Korei police…
India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that…
Bhubaneswar: As counting of precious ornaments and jewels in the Bahara Bhandar (outer treasury) of Sri Jagannath Temple’s Ratna Bhandar was completed on Saturday, the high-level committee, engaged for the task, found the number of jewellery has increased in comparison to the 1978 inventory. Three ornaments, however, were not found, which the high-level committee was…
