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The Statesman Bhubaneswar

Manufacturing PMI falls to 12-month-low at 56.4 in December

India Manufacturing PMI 50 = No change on previous month (Seasonally adjusted)

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Job creation gathers further momentum in 2024-25

While a massive 4.67 crore additional jobs were created in the Indian economy in the financial year ended March 2024, the fast pace of employment generation has continued into 2024-25 in both the formal and informal sectors, official data shows.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

India emerges global leader in IPO volume, QIPs surge to all-time high

Facts first. India has emerged as the leader in IPO volume, hosting twice as many IPOs as the US and 2.5 times more than Europe.

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2 mins  |
January 03, 2025
The Statesman Bhubaneswar

Union Budget: Nirmal Sitharaman Meets Financial Sector, Capital Markets Stakeholders

As part of the pre-Budget consultations, Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

India grabs 3.9 per cent global trade share in textiles and apparel sector

India holds a share of 3.9 per cent of the global trade in textiles and apparel, and including handicrafts it comprises 8.21 per cent in total exports in 2023-24, government said on Thursday.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Indian Stock Market Poised to Advance in 2025 Beginning: Report

Indian equity indices are poised to advance in the beginning of 2025 on the back of recovery expected in earnings, supported by a boost in rural spending and a pick-up in government spending, according to a Bank of Baroda (BoB) report released on Thursday.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

India's Solar Panel Exports Surge as World Looks Beyond China

India is emerging as a major exporter of solar photovoltaic (PV) cells as countries look for alternatives to China for sourcing supplies in their switch to renewable energy to fight climate change.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Market Continues Winning Streak

Investors' wealth increased by around ₹ 5.8 lakh crore

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Indian Economy in Robust Spot Globally in 2025 With High-Frequency Indicators Picking Up Growth

As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump's inauguration, India continues to be in a much stronger position with high-frequency indicators showing a pickup in the pace of growth in the third quarter of current fiscal (Q3 FY25), according to a report on Thursday.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

US Army veteran who killed 15 in New Orleans attack was inspired by the Islamic State group

A US Army veteran who drove a pickup truck into a crowd of New Year's revelers in New Orleans, killing 15 people, had posted videos to social media hours before the carnage saying he was inspired by the Islamic State group and expressing a desire to kill, the president said.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Bangladesh court again rejects bail for Hindu leader who led rallies

A court in southeastern Bangladesh on Thursday rejected a plea for bail by a jailed Hindu leader who led large rallies in the Muslim-majority country demanding better security for minority groups.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Impeached South Korean president issues defiant message as he faces possible detention

Impeached South Korean President Yoon Suk Yeol, in a message to conservative supporters rallying outside his Seoul residence, vowed to \"fight to the end\" against \"anti-state forces,\" while his legal team warned Thursday that police officers attempting to detain him could face arrest by his presidential security service or even civilians.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

12 Killed in Montenegro Shooting, Suspect Kills Self

Prime Minister Milojko Spajić said that the government may try to impose a total ban on weapons 'because we must ask ourselves after this who should be allowed to have guns in Montenegro'

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2 mins  |
January 03, 2025
The Statesman Bhubaneswar

Israel warns of escalation in Gaza if hostage deal not reached

Israeli Defence Minister Israel Katz (photo) issued a stern warning stating that Israel would intensify its military operations in Gaza if Hamas does not agree to a deal for the release of hostages \"soon.\"

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Firework mortars, gas canisters stuffed inside Tesla that exploded outside Trump's Las Vegas hotel

Firework mortars and camp fuel canisters were found stuffed into the back of the Tesla Cybertruck that exploded outside President-elect Donald Trump's Las Vegas hotel early Wednesday, killing a suspect inside the vehicle and sparking an intense investigation into possible terrorism.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Indian Army Launches Gomti Task Force to Support River Rejuvenation in Uttar Pradesh

In May 2019, the Indian Army and Territorial Army (TA) set a global precedent by establishing the first-ever Composite Ecological Task Force (CETF) for the rejuvenation of the River Ganga, under the ongoing National Mission for Clean Ganga (NMCG).

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Article 370 the reason behind terrorism in Kashmir valley: Shah

Highlighting the importance of the abrogation of Article 370, Union home minister Amit Shah on Thursday said that it was after its revocation under Prime Minister Narendra Modi's leadership that a new era of development began in Kashmir valley which was affected due to terrorism.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Tripura Govt to Move Bill Giving Retirement Benefits to MLAs Who Served Even for a Day

A Bill would be moved in the Winter session of the Tripura Assembly amending the existing law to provide retirement benefits to MLAs who have served even for just a day, officials said on Thursday.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Shahi Jama Masjid Survey Report Reaches Court

The Next Action Will Depend On The Instructions Of The Supreme Court Or Allahabad HC

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2 mins  |
January 03, 2025
The Statesman Bhubaneswar

CPI Rejects Manipur CM Biren Singh's Apology, Demands His Resignation Amid Governance Crisis

The Communist Party of India (CPI) has dismissed Manipur Chief Minister N. Biren Singh's recent apology for the ethnic violence in the state, demanding his immediate resignation.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Occasional Notes

AUSTRALIA has been again lucky in the toss and has again started excellently.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Are tourists loving Kyoto to death?

Kyoto, one of Japan's major tourist destinations, is suffering from over-tourism amid booming inbound demand.

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4 mins  |
January 03, 2025
The Statesman Bhubaneswar

The World Can Be Better When Hopes Coalesce

We all like to start a new year on a hopeful note. We like to think of all the possibilities of good work, but this will not take us far if we stay away from the realities.

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3 mins  |
January 03, 2025
The Statesman Bhubaneswar

ADGM from Abu Dhabi to GMC - A gateway for foreign investment

The adoption of the Abu Dhabi Global Market (ADGM) legal framework for Gelephu Mindfulness City (GMC) marks a pivotal development in Bhutan's economic strategy.

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2 mins  |
January 03, 2025
The Statesman Bhubaneswar

Pacific Narratives

Experts believe that the Indo-Pacific has also given a direct recognition of the growing importance of India whose emergence as a strong economic power and leading security actor in ways reflected in the old facets of the region. To recollect history, the geographical space referred to as Asia-Pacific revolved primarily around two civilizations, India and China. The colonial system led to the end of Indian and Chinese influence over their neighbours and to a fragmentation of the region

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7 mins  |
January 03, 2025
The Statesman Bhubaneswar

Cyber Threats

The increasing frequency and sophistication of cyber-attacks attributed to Chinese state-backed actors represent a seismic shift in the landscape of global security.

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4 mins  |
January 03, 2025
The Statesman Bhubaneswar

PM Modi Lauds Maha Govt's Efforts to Ensure Development of Maoist-Affected Areas

Prime Minister Narendra Modi on Thursday lauded Maharashtra Government's efforts to ensure all-round development in remote and Maoist-affected areas.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

CISF Achieves 40 Per Cent Drop in Suicide Rate, Falls Below National Average for First Time in 5 Years

The Central Industrial Security Force (CISF) has achieved a significant milestone in reducing its suicide rate, which dropped to 9.87 per lakh in 2024—a decline of over 40 per cent compared to the previous year.

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1 min  |
January 03, 2025
The Statesman Bhubaneswar

Bhopal gas tragedy: Toxic waste reaches destination

About 340 metric tonnes of toxic waste, lying in the Union Carbide factory for 40 years since the 1984 Bhopal gas tragedy, was finally removed on Wednesday night and it reached its destination Pithampur for incineration at around 4.30 a.m. on Thursday.

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2 mins  |
January 03, 2025
The Statesman Bhubaneswar

SC Tags Owaisi's Plea on Places of Worship Act With Pending Matters

The Supreme Court on Thursday directed the tagging of a plea filed by AIMIM President Asaduddin Owaisi seeking implementation of the Places of Worship Act, 1991 with a pending batch of matters.

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2 mins  |
January 03, 2025

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