Union Budget 2024-25: Angel Tax Abolished to Strengthen Start-Up Ecosystem and Attract Investment

New Delhi: In a significant move to boost India’s start-up ecosystem, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the abolition of the controversial ‘angel tax’ for all classes of investors during her Union Budget 2024-25 presentation in Parliament today. This landmark decision aims to remove financial hurdles for emerging businesses and foster…

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E-Bus Rollout, ₹1,330 Crore Projects Mark Major Development Push in Keonjhar

Bhubaneswar/Keonjhar: Signalling a renewed focus on infrastructure, green mobility and inclusive growth, Odisha Chief Minister Mohan Charan Majhi on Tuesday unveiled a development package exceeding ₹1,330 crore for Keonjhar district, alongside launching a modern electric bus service. At a district-level conclave, the Chief Minister rolled out a mix of new, ongoing and completed initiatives spanning…

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Indian Navy Launches Sixth Missile Cum Ammunition Barge, Strengthening Operational Capabilities

Mira Bhayandar, Maharashtra: The Indian Navy took a significant step forward in bolstering its logistical support with the launch of the Missile Cum Ammunition Barge, LSAM 12 (Yard 80), the sixth vessel in a series of eight barges designed for the Navy’s operational needs. The barge was launched by Cmde MV Raj Krishna, CoY(Mbi), during a…

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Forest Department Holds RACP Adalat in Bhubaneswar to Address Employee Grievances

Bhubaneswar: The Forest, Environment, and Climate Change Department of Odisha conducted the RACP Adalat at Aranya Bhavan Conference Hall today, providing a crucial platform for addressing the grievances of retired and working employees deprived of benefits under the Revised Assured Career Progression (RACP) Scheme. The meeting was chaired by Principal Chief Conservator of Forests and…

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ED Seizes Properties Worth ₹97.79 Crore Linked to Raj Kundra in Bitcoin Ponzi Scam Probe

Mumbai: The Enforcement Directorate (ED) has confiscated properties worth ₹97.79 Crore associated with Raj Kundra, husband of Bollywood actor Shilpa Shetty, as part of an investigation related to a Bitcoin Ponzi scheme. The probe, initiated based on multiple complaints filed by Maharashtra and Delhi Police against Variable Tech Private Limited, late Amit Bhardwaj, Ajay Bhardwaj,…

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COAS General Upendra Dwivedi Stresses Need for Adaptive Doctrines at 26th Doctrine and Strategy Seminar

Mhow: Chief of the Army Staff (COAS) General Upendra Dwivedi addressed participants at the 26th Doctrine and Strategy Seminar (DSS) held at the Army War College in Mhow today. The two-day seminar, organized under the theme ‘Need for Adaptive Doctrines/Operational Philosophy for Indian Army in View of Recent Conflicts and Technology Infusion in Warfare,’ focused…

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Odisha Cabinet Approves Gopalpur Port Share Transfer, Announces Reforms for Ex-Agniveers

Bhubaneswar: The Odisha Cabinet on Thursday approved the transfer of equity shares of Gopalpur Ports Ltd (GPL) to Adani Ports and Special Economic Zone Limited (APSEZ). The shares, previously held by Shapoorji Pallonji Port Maintenance Private Limited and Odisha Stevedores Limited, will now be transferred to APSEZ. This decision is part of a broader plan…

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Krushi Odisha To Start from Jan 3, Paving A Way for Sustainable Agriculture

Bhubaneswar: The Department of Agriculture & Farmers Empowerment, Government of Odisha, is set to host “Krushi Odisha 2025,” a three-day flagship agricultural event from January 3 to 5 at the Biju Patnaik Playground, Baramunda, Bhubaneswar. This highly anticipated event will be inaugurated by Chief Minister Mohan Charan Majhi, with Deputy Chief Minister and Agriculture Minister…

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