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  • SEBI to Open Bhubaneswar Branch Office, Announces Chairman Tuhin Kanta Pandey

    Bhubaneswar, May 18 (BNP): The Securities and Exchange Board of India will soon establish a branch office in Bhubaneswar, marking a significant step toward strengthening financial market regulation and investor outreach in eastern India. The announcement was made by SEBI Chairman Tuhin Kanta Pandey while addressing a regional investor awareness programme organized by the Association of Mutual Funds in India in the city.

    SEBI to Open Bhubaneswar Branch Office, Announces Chairman Tuhin Kanta Pandey

    Pandey said SEBI would initially begin operations from a smaller office in Bhubaneswar, with activities currently managed through Mumbai and Kolkata gradually shifting to the new centre. He added that plans are also underway to establish a permanent office in the state capital in the future.

    Highlighting the growing relevance of alternative financing mechanisms, the SEBI Chairman encouraged Odisha to explore the use of municipal bonds to fund urban infrastructure and development projects. He noted that 22 urban local bodies across the country have issued 33 municipal bonds, mobilizing nearly Rs 4,500 crore for development activities. Municipal corporations in states such as Uttar Pradesh, Maharashtra and Madhya Pradesh have already benefited from the model, he said.

    Pandey emphasized that Odisha, with its expanding urban landscape, should leverage municipal bonds to meet increasing financial requirements for infrastructure expansion. He also pointed out that the Central government offers grant-based incentives to encourage such bond issuances.

    Speaking on the growth of India’s mutual fund industry, Pandey said the sector has expanded significantly from nearly Rs 12 lakh crore in 2015-16 to around Rs 82 lakh crore at present. Odisha’s contribution currently stands at about Rs 71,000 crore, accounting for less than one per cent of the national market.

    Observing that Odisha contributes nearly three per cent to India’s economy, he said the state’s participation in the mutual fund ecosystem should also rise proportionately. At the same time, he noted that Odisha remains among the leading states in terms of monthly growth in Systematic Investment Plan (SIP) investments.

    He further highlighted the rapid growth of India’s capital market over the past decade, stating that the country’s total market capitalization increased from Rs 95 lakh crore in 2015-16 to Rs 463 lakh crore in 2025-26. During the same period, the number of investors rose from 3.8 crore to 14.5 crore.

    Pandey also said India recorded 366 Initial Public Offerings (IPOs) in 2025-26, through which companies raised nearly Rs 1.9 lakh crore, placing the country among global leaders in IPO activity.

  • National Stock Exchange and Higher Education Department, Government of Karnataka sign MOU to Empower Students through Skilling Program

    National Stock Exchange and Higher Education Department, Government of Karnataka sign MOU to Empower Students through Skilling Program

    The National Stock Exchange of India (NSE) and Higher Education DepartmentGovernment of Karnataka have collaborated to launch the ‘Student Skilling Program’ aiming to equip the youth of Karnataka with industry-relevant skills in the securities market. The Student Skilling Program enhances their financial knowledge and employability skills in the securities market. This Memorandum of Understanding (MoU) marks a significant leap towards empowering the youth of the state of Karnataka.

     
    This MoU was signed and exchanged on May 15, 2026 by Smt. Khushboo G. Chowdhary – Secretary, Department of Higher EducationGovernment of Karnataka and Shri Ankit Sharma, Chief Regulatory Officer, NSE, in esteemed presence of Shri Siddaramaiah – Hon’ble Chief Minister of Karnataka and other Hon’ble ministers from Government of Karnataka – Dr. M.C. Sudhakar, Minister for Higher Education, Shri Priyank M. Kharge, Minister for Department of Electronics, IT, Biotechnology and Science & Technology, Shri N. Chaluvarayaswamy, Minister of Agriculture, Dr. Sharanaprakash Rudrappa Patil, Minister for Medical Education and Skill Development and Dr. Shalini Rajneesh, Chief Secretary, Government of Karnataka.
     
    NSE would design, develop, and implement a comprehensive student skilling program for youth which will be supported and facilitated by Government of Karnataka. The MoU outlines a framework for cooperation between NSE and the Government of Karnataka to facilitate the creation of a robust skilled pool of students across various educational institutions in Karnataka. The program will also include interactive sessions, case studies, and simulations to make learning engaging and effective.
     
    Benefits for Students: This program offers a unique opportunity for students in Karnataka to gain life skills and industry-relevant skills
    • Learning about Investing: Students will gain a comprehensive understanding of the investing for their own financial wellbeing. This knowledge will empower them to make informed decisions about their personal finances and investments.
    • Employment Opportunities: The program will enhance students‘ employability in the financial and securities market.
    • Self-Employment Opportunities: Equipped with the necessary skills and knowledge, students can also explore self-employment opportunities.
    The partnership between NSE and the Higher Education Department of Government of Karnataka helps in the state’s growth and development and creates an investor-friendly and resilient investing ecosystem. 
     
    Shri Ashishkumar Chauhan, MD & CEO, NSE said Education, financial literacy and management and investing are key pillars in building a knowledgeable, empowered and resilient state of KarnatakaThrough this collaboration with the Government of Karnataka, NSE is committed to equip students with practical knowledge of the securities market, investing, while also enhancing their employability and entrepreneurial potential. This initiative reflects our vision of creating a financially aware and future-ready youth workforce that can actively participate in India’s growth story.”
  • Chandikhol Set to Emerge as Strategic Crude Oil Storage Hub Under India-UAE Partnership

    Bhubaneswar, May 18 (BNP): Odisha is poised to play a pivotal role in strengthening India’s energy security, with Chandikhol set to emerge as a major strategic crude oil storage hub under a significant India-UAE energy partnership formalized during Prime Minister Narendra Modi’s recent visit to the United Arab Emirates.

    Chandikhol Set to Emerge as Strategic Crude Oil Storage Hub Under India-UAE Partnership

    Representational image

    Under the proposed initiative, Chandikhol will house a massive underground strategic petroleum reserve with a storage capacity of nearly 40 lakh metric tonnes of crude oil. Estimated at around Rs 8,743 crore, the project is expected to significantly enhance India’s emergency fuel preparedness and strengthen long-term energy resilience.

    The agreement for the project was signed between the Indian Strategic Petroleum Reserves Limited and the Abu Dhabi National Oil Company during Prime Minister Modi’s visit, following discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan. The partnership is seen as a major step toward deepening bilateral cooperation in the energy sector and reinforcing India-UAE strategic ties.

    Although the Union Cabinet had approved the project in 2018, implementation was delayed due to land acquisition-related challenges. With renewed focus and momentum, the project is now expected to move forward, positioning Odisha as an important pillar in India’s petroleum infrastructure network.

    Experts believe the underground reserve will play a vital role during emergency or war-like situations by helping maintain fuel availability in the event of disruptions to global crude oil supplies. The facility is also expected to strengthen India’s strategic fuel reserves and improve preparedness against international supply uncertainties.

    Once operational, the project is likely to boost industrial growth, infrastructure development and employment opportunities in Odisha, further reinforcing the state’s growing importance in India’s energy and industrial ecosystem.

  • Vice President Attends Sikkim Statehood Day in Gangtok

    New Delhi, May 18 : Marking a historic milestone, Sikkim united in celebrating the closing of 50 glorious years of Statehood in the esteemed presence of the Vice President, Mr C P Radhakrishnan, at Manan Kendra, on Saturday.

    Vice President of India Attends Sikkim Statehood Day Celebration in Gangtok

    The event had the presence of Union Minister for Communications and Development of North Eastern Region, Mr Jyotiraditya M. Scindia, Governor, Government of Sikkim, Mr Om Prakash Mathur, Chief Minister, Mr Prem Singh Tamang, Madam Krishna Rai,

    Addressing the gathering, the Vice President of India praised Sikkim as a model of harmony, sustainability and disciplined living. He said he felt honoured to participate in the Statehood Day celebrations and described Sikkim as “organic not only in agriculture but also in character.”

    Recalling his road journey to Gangtok, the Vice President stated that he witnessed warmth, dignity, cleanliness and civic discipline among the people of the state. Calling Sikkim a shining example of harmony between nature, culture and governance, he remarked that the state had demonstrated how development and environmental conservation could progress together. He also described Sikkim as a “sentinel of the nation” considering its strategic importance.

    Praising the state’s tourism sector and eco-tourism initiatives, the Vice President described Gangtok’s MG Marg as an example for the rest of the country in terms of cleanliness and civic management. He urged tourists visiting the state to respect local culture, traditions and cleanliness standards. Referring to the Swachh Bharat Mission, he stated that behavioural change gradually evolves into a social habit through sustained public participation and awareness.

    The Vice President further appreciated the state’s improving connectivity, including railway expansion and tourism infrastructure projects, and expressed hope of visiting Sikkim again in the near future. Concluding his address, he extended his best wishes for continued peace, prosperity and progress for the people of Sikkim.

    Union Minister Mr Jyotiraditya Scindia, in his address, praised Sikkim’s development journey, organic farming success and upcoming connectivity projects, describing the state as a symbol of peace, pride and progress.

    He lauded several landmark tourism and infrastructure initiatives, including the Bhaleydunga ropeway project, which he described as unique in the world. He also praised Buddha Park at Ravangla and appreciated Sikkim’s orchid conservation efforts led by GMC commissioner, Mr Gayden Chopel Bhutia, noting that the state’s Orchidarium had earned recognition from Prime Minister Mr Narendra Modi for its uniqueness.

    Highlighting connectivity initiatives, the Union Minister informed that nearly 710 kilometres of National Highway projects are currently underway in Sikkim. He further announced that alternative highway routes connecting Singtam to Melli and Melli to Sevoke would also be developed.

    Reiterating the Government of India’s commitment towards improving connectivity in the Northeast, he stated that railway connectivity to Sikkim would soon become a reality and expressed hope that railway services in the state would be inaugurated within the next year.

    On agriculture, he described Sikkim as a global benchmark for organic farming and stated that around 70,000 farming families are engaged in organic cultivation across the state. He also announced the development of three new cold storage facilities to strengthen the organic supply chain and agricultural infrastructure. Concluding his address, he remarked that Sikkim’s story reflected a journey of peace, a journey of pride, and a journey of progress.

    Governor, Mr Om Prakash Mathur, while addressing the gathering, called upon the people of Sikkim to work collectively towards making the state cleaner, greener, more prosperous and a model for the nation.

    Welcoming the Vice President of India and the Union Minister, the Governor extended Statehood Day greetings to all Sikkimese residing within the country and abroad. Referring to Prime Minister Mr Narendra Modi’s recent visit during the golden jubilee celebrations, he said the Prime Minister had described Sikkim as the “Paradise of the North East” and praised the state for reflecting the spirit of “Ek Bharat Shreshtha Bharat.” He stated that such appreciation had become a matter of pride and inspiration for the people of Sikkim.

    The Governor remarked that as Sikkim entered its 51st year of statehood, the state was stepping into a new phase of youthful energy and development. He urged every citizen to contribute towards making villages, localities and public spaces cleaner, greener and more beautiful.

    He further stated that both the Central Government and the Ministry of DoNER remained committed to supporting Sikkim’s development initiatives and assured continued assistance for infrastructure, tourism and connectivity projects.

    Highlighting the state’s strategic importance, the Governor referred to tourism projects under the battlefield tourism initiative at Chola, Doklam and Nathula and stated that these projects would strengthen tourism and economic opportunities in the region. He also praised the state’s Orchidarium and noted that Prime Minister, Mr Narendra Modi had highly appreciated Sikkim’s orchid conservation efforts during his recent visit.

    Expressing confidence in the future growth of tourism in the state, the Governor urged citizens and stakeholders to prepare for a significant rise in tourist arrivals and continue welcoming visitors with warmth and hospitality. He also lauded the resilience and patriotism of people residing in high-altitude border areas and stated that their courage and dedication strengthened the spirit of both Sikkim and the nation.

    Chief Minister Mr Prem Singh Tamang, in his address, paid tribute to Sikkim’s founding leaders, highlighted the state’s developmental achievements and reaffirmed Sikkim’s commitment towards national unity and the vision of “Viksit Bharat 2047.”

    Paying homage to the first Chief Minister of Sikkim, late Kazi Lhendup Dorjee, who was posthumously conferred the Padma Vibhushan, the Chief Minister stated that his contributions towards strengthening democracy, social justice and public welfare in Sikkim would always be remembered with pride and honour.

    Welcoming the Vice President of India, the Chief Minister described his presence at the Statehood Day celebration as a matter of pride for the people of Sikkim. He noted that despite adverse weather conditions, the Vice President travelled to the state by road during his first visit to Sikkim, making the occasion historically significant. He also welcomed Union Minister Mr Jyotiraditya Scindia and appreciated his dedication towards nation-building.

    Reflecting on Sikkim’s journey as the 22nd state of India, the Chief Minister stated that the state had made remarkable progress over the past five decades in sectors such as education, healthcare, tourism, organic farming, environmental conservation and infrastructure, emerging as a model state for the country.

    Recalling Prime Minister Mr Narendra Modi’s recent visit during the golden jubilee celebrations, he stated that the Prime Minister had described Sikkim as “Purva ka Swarg” or the “Paradise of the East” while appreciating the state’s achievements in sustainable development, cleanliness and biodiversity conservation.

    The Chief Minister further stated that Sikkim’s progress had been built upon unity, discipline, hard work and public participation. Reaffirming the state’s commitment towards the vision of “Vikshit Bharat 2047,” he said that Team Sikkim would continue working with dedication under the leadership of the Prime Minister towards building a developed India.

    Concluding his address, the Chief Minister thanked the Governor, legislators, officials, security personnel and the people of Sikkim for their continued support and participation in making the 51st Statehood Day celebrations a grand success.

    Thereafter, the Vice President of India and Union Minister for Communications and Development of North Eastern Region, Mr Jyotiraditya M. Scindia were presented with a Silver Statue of Buddha and Guru Padmasambhava, a commemorative Silver Coin and a Thangka.

    The programme also witnessed the virtual release, launch, foundation stone laying, and inauguration of various projects, including:

    I. Foundation Stone Laying of Upgradation of the Rimbi–Yuksam Road under the North East Special Infrastructure Development Scheme (NESIDS–Roads) in Gyalshing District.

    Protective Works and Bridge along the NH-10 (Mayfair Fatak) to IBP–Adampool–Banjhakri Falls corridor.

    Construction of Bridge over Rongrong Khola at Assam Lingzey–Pakyong Road.

    Construction of Steel Bridge over Rangpo Khola under NESIDS (Roads) at Yangang, Namchi District.

    II. Inaugurations:

    The projects inaugurated include:

    Remodelling and Upgradation of Burtuk Heliport, Gangtok.

    Tourism Infrastructure as Support Facility for Passenger Ropeway Project at Upper Dhappar, Namchi.

    Science Block at Kamrang Government Degree College, Namchi.

    Industrial Training Institute (ITI) at Aritar, Pakyong.

    III. Launches:

    Sikkim Excise Management System (SEMS)

    Empowering Organic Growth: A proposal for ICS strengthening Market Outreach and Trade Facilitation under NESIDS-OTRI.

    IV. Release:

    Release of Book “Revitalisation of Gangtok’s Historic Core: Concept Plan” by Urban Development Department.

    Sikkim Rise- Realising Ideas, Shaping Entrepreneurship by Commerce & Industries Department.

    The programme also featured a series of cultural presentations, including:

     Broadway Show by the artists of Culture Department

    Screening of documentary film on Sikkim by IPR Department

    Singing of Song (Jaha Bagcha Teesta Rangit) by the artists of Culture Department.

    Earlier, the welcome address was delivered by Chief Secretary, Mr R Telang, who also read the letter sent by Prime Minister, Mr Narendra Modi, congratulating Sikkim on it’s Statehood Day.

    Also present were Speaker, SLA, Deputy Speaker, SLA, Council of Ministers, MLAs, Advisors, Mayor, GMC, Deputy Mayor, GMC, Adakshyas, Upa-Adakshyas, Chairpersons, OSDs, Councillors, Cabinet Secretary cum Chief Administrator, Chief Secretary, DGP, Additional Chief Secretary’s, HODs, Senior Government Officers and other dignitaries.

  • Vallum Capital Highlights Market Reversals and Resilience in April 2026

    According to Vallum Capital’s Monthly Macro Grid Chartbook report, across asset classes, April’s defining story was a broad reversal. Equity attracted ₹73,639 Cr, up ₹25,931 Cr versus March, while Money Market and Fixed Income both snapped out of heavy outflows, painting a picture of normalisation after March’s quarter-end disruption.
     
    Equity: Flows Up, but Selectivity Rising
     
    Within equity, Dynamic Strategies delivered the month’s most dramatic shift, recording a ₹34,997 Cr swing from ₹15,242 Cr outflows to ₹19,755 Cr inflows. This made it the largest monthly reversal across all equity sub-categories. The engine behind it was Arbitrage Funds, which alone accounted for ₹33,173 Cr of that swing as institutional positioning unwound.
     
    Large-Cap fund inflows moderated to ₹17,756 Cr, down ₹10,911 Cr from the previous period. However, it remains the dominant destination despite posting -8.0% YTD, the weakest performance across segments. Investors are systematically SIPing into underperformance rather than rotating away, a hallmark of India’s maturing SIP culture.
     
    In the Factor space, Growth stood out as the only factor delivering on both fronts, with +2.2% in April and +2.9% YTD, alongside rising inflows of ₹1,022 Cr. Focused Funds, meanwhile, saw the steepest flow decline at -₹1,008 Cr, reflecting fading confidence in concentrated bets amid a volatile market.
     
    Thematic: Sharp Divergences
     
    PSU executed the single biggest thematic turnaround, moving from ₹4,497 Cr outflows to ₹489 Cr inflows, a ₹4,986 Cr swing.
     
    BFSI reinforced this divergence. Broad BFSI underperformed across themes yet attracted massive net flows, both within the BFSI pack and the wider thematic universe. Within BFSI, Capital Markets led performance with 18.1% YTD and 7.4% in one month, supported by growing investor interest.
     
    On commodities, Metals led with 19.3% YTD and +6.0% in April. Healthcare held strong across sub-categories, although Pharma’s 8.8% April return was offset by ₹62 Cr net outflows.
     
    Technology remains the chartbook’s deepest wound. The IT Index is down -26.3% YTD and -11.9% in April, with only Digital India attracting any dip-buying at ₹42 Cr.
     
    Global & Forex
     
    Country allocation leadership is concentrated in South Korea, Taiwan and broader ex-China exposure, while India remains a short-term laggard despite improving global breadth.
     
    Global thematic leadership is decisively growth-oriented, with semiconductors, software, robotics, quantum computing and electrification outperforming, while global defence momentum has recently cooled.
     
    INR weakness across most major and Asian currencies reinforces a global risk-on, Asia-led positioning backdrop, but also raises imported inflation and external vulnerability risks.
     
    April corrected March’s distortions but revealed where real conviction sits: SIP-driven Large-Cap allocations, PSU/BFSI value-hunting, and a structural retreat from Technology. Until broader equity turns YTD-positive, Indian capital remains disciplined, not bold.
     
  • WTC Bhubaneswar, World Skill Centre and RBL Bank Organized Interactive Session on Skill Development and MSME Banking

    WTC Bhubaneswar, World Skill Centre and RBL Bank Organize Interactive Session on Skill Development and MSME Banking

    Bhubaneswar, May 18: The World Trade Centre (WTC) Bhubaneswar, in collaboration with the World Skill Centre (WSC) and RBL Bank, organized an interactive session on skill development and MSME banking, which was widely appreciated for its insightful discussions and engaging exchanges. The session was followed by a networking Hi-Tea interaction.

    WTC Bhubaneswar, World Skill Centre and RBL Bank Organize Interactive Session on Skill Development and MSME Banking

    The programme brought together participants from handicrafts, skill development institutions, manufacturing units, students, and entrepreneurs, providing a platform for meaningful dialogue on skill enhancement and financial enablement for MSMEs.

    The interactive session, held from 4:00 PM to 6:00 PM, focused on strengthening industry-academia collaboration and improving access to financial and skill development opportunities for emerging enterprises.

    During the session, RBL Bank presented a comprehensive overview of its banking services and financial solutions for MSMEs, with a particular emphasis on trade finance, forex services, and business banking facilities designed to support enterprise growth and international trade activities. The bank reiterated its commitment to the MSME sector and strengthening financial inclusion through customized solutions.

    WTC Bhubaneswar, World Skill Centre and RBL Bank Organize Interactive Session on Skill Development and MSME Banking

    The session was also addressed by Shri Rashmi Ranjan Mohapatra, CEO, World Skill Centre, who highlighted the importance of industry-aligned skill development initiatives in enhancing employability and supporting entrepreneurship. He also graciously extended an invitation to members of WTC Bhubaneswar for a courtesy visit scheduled on 5 June 2026, aimed at further strengthening institutional collaboration.

    WTC Bhubaneswar, World Skill Centre and RBL Bank Organize Interactive Session on Skill Development and MSME Banking

    The event witnessed the presence of Shri Sudhir Paul, Vice President, RBL Bank; Shri Dinesh Bhanja, Vice President, RBL Bank; and Dr. Rina Routray, Advisor, WTC Bhubaneswar and Chairperson, Mahila Atma Nirbhar Bharat, Odisha, along with active participation from WTC members representing diverse sectors.

    Participants engaged actively during the Q&A session, discussing opportunities in skill development, financial planning, and MSME growth prospects. The session concluded with a Hi-Tea interaction, offering further opportunities for networking and collaboration among stakeholders.

     
  • LAPP India Unveils Advanced Cable and Connectivity Solutions at ELASIA 2026 Exhibition

    Bangalore, May 18 : LAPP India proudly participates in ELASIA 2026, Asia’s premier exhibition for the electrical and power sector. With a strong commitment to innovation and reliability, LAPP showcases its cutting-edge cable and connector solutions that empower the evolving energy landscape.

    LAPP India Unveils Advanced Cable and Connectivity Solutions at ELASIA 2026 Exhibition

    At ELASIA 2026, LAPP India showcases a comprehensive portfolio of products designed for safe, efficient, and sustainable energy transmission. From advanced industrial cables to robust connectivity solutions, LAPP is enabling industries to build resilient infrastructure for the future — from Smart Grids and Smart Factories to Data Centres and E-Mobility.

    Speaking at the event, Sumit Mitra, Managing Director, LAPP India, says:

     “At LAPP, we believe that the energy transition requires not just vision but also robust infrastructure. Our cable, connector, and industrial communication solutions empower industries to embrace sustainability, efficiency, and reliability. ELASIA 2026 gives us the opportunity to demonstrate how LAPP shapes the future of energy by connecting innovation with trust.

  • Hakimpara NrityaMalancha Siliguri Announces ‘GATI 2026’ – A Three-Day Festival of Indian Classical Dance and Music

    Gati

    May 18 | Siliguri, West Bengal: Hakimpara NrityaMalancha Siliguri is all set to present “GATI 2026”, its prestigious annual Festival of Indian Classical Dance and Music, from 5th to 7th June 2026 at Dinabandhu Mancha, Siliguri, beginning daily from 5:30 PM onwards.

    Organised under the guidance of renowned Guru and Founder Vidushi Sangita Chaki, the festival has been celebrating India’s rich cultural heritage for the past 42 years, making it one of the region’s most respected platforms for Indian classical performing arts.

    Derived from the Sanskrit word meaning movement and rhythm, GATI embodies the spirit of Indian classical traditions through an immersive showcase of dance, music, and folk artistry. The three-day cultural celebration will feature acclaimed artists, distinguished musicians, and vibrant performances representing diverse classical forms from across India.

    The festival will also host a special evening dedicated to Indian classical instrumental and vocal music featuring celebrated maestros:

    • Sitar: Pt. Sandeep Neogi
    • Sarod: Pt. Sunondo Mukherjee
    • Tabla: Pt. Subir Thakur, Pt. Subir Adhikari & Shri Riju Saha
    • Harmonium & Vocal: Pt. Sourav Chakraborty

    GATI Festival 2026 – Day Wise Highlights

    Rahul Dev

    5th June 2026 | Day 1

    The inaugural evening will begin with devotional and classical presentations including:

    • Ganesh Vandana
    • Guest Felicitation
    • Maha Ganapati Shlokam
    • Pushpanjali
    • Nagendra Haray Shiva Stotram
    • Ananda Nartana Ganapati Kirtanam
    • Jatiswaram
    • Tillana
    • Provincial Folk Dances from Different States

    Guest Artist: Shri Rahul Dev (Kathak, Agartala)

    6th June 2026 | Day 2

    The second day will feature an elaborate Kathak repertoire and traditional rhythmic compositions including:

    • Shiva Vandana
    • Felicitation Ceremony
    • Guru Charanam in Trital
    • Trital Sidhya Nritya
    • Jhaptal Sudha Nritya
    • Darbari Tarana
    • Ektal Shudhyo Nritya
    • Rupak Sudhyo Nritya
    • Chautal Sudha Nritya
    • Trital Sudhya Nritya
    • Thumri
    • Provincial Folk Dances from Different States

    Guest Artist: Shri Shuvojit Dutta (Kathak, Kolkata)

    Gati 2026

    Gati 2026 Festival | 7th June | Day 3

    1. Vandana
    2. Felicitation
    3. Anandanartana Ganapati kirtanam
    4. Pushpanjali
    5. Kalyani Jathiswaram
    6. Prabhumpranath Keertanam
    7. Jhaptal sudhya nritya 
    8. Vasant Jathiswaram 
    9. Kathak in Dhamar sangita chaki 
    10. Odissi guest performance smt pushpita misra
    11. Niratata shankara.
    12. Tandav and lasya in Dhamar and rupak 
    13. Bharatnatyam – Guru Vidwan Praveen Kumar 
    14. Gajal 
    15. Layadisha
    16. Kathak -Guru Vidushi Gouri Diwakar Delhi 
    17.Ganga a musical journey concept and music arranger  Shri Subrata De and Dance director Vidushi Sangita Chaki 
    18. Vande Mataram – Voice & Script written by Shri Anshuman Paul and Sanchita Bhattacharya Dance Director Gurur Vidushi Sangita Chaki

    RSVP

    Vidushi Sangita Chaki
    Founder, NrityaMalancha Siliguri
    Contact: 9434006943

    NrityaMalancha Siliguri

    Media Partner: Shreyas Webmedia Solutions

  • Shyam Middle East Resources expands industrial footprint with AED 40 million investment in Ras Al Khaimah facility

    Shyam Middle East Resources expands industrial footprint with AED 40 million investment in Ras Al Khaimah facility

     

    Ras Al Khaimah, May 18 Shyam Middle East Resources FZ-LLC, part of India’s renowned Shyam Steel Group, is establishing a new non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ).

    With an investment of AED 40 million, the project marks a significant step in the Group’s global expansion strategy, strengthening its regional footprint while tapping into Ras Al Khaimah’s growing industrial ecosystem.

    The agreement was formalised during a signing ceremony at RAKEZ’s Compass Coworking Centre, represented by Shyam Steel Group Chairman Shri Purushottam Beriwala and RAKEZ Sales Director Mustafa Shaker.

    Spanning approximately 21,000 m², the facility will be developed in two phases. The first unit is expected to be operational by the first quarter of 2027, followed by the second unit in the next quarter. The facility will process and manufacture non-ferrous metals, including lead, aluminium, and copper, along with alloy production from non-ferrous ingots, with a projected capacity of up to 2,000 tonnes per month. Once fully operational, it is expected to generate around 150 employment opportunities.

    Commenting on the partnership, Beriwala said, “Our decision to establish operations in Ras Al Khaimah was driven by its cost-effective operating environment, investor-friendly policies, and strategic connectivity to global markets. RAKEZ provided a seamless set-up experience, supported by efficient processes, readily available industrial land, and a well-integrated. This investment marks an important milestone in strengthening our presence in the Middle East and expanding into new international markets.”

    RAKEZ Group CEO Ramy Jallad said, “Shyam Steel Group’s set-up reinforces Ras Al Khaimah’s position as a growing hub for manufacturing and industrial activity. Demand for industrial materials and metal processing continues to grow alongside the region’s construction, infrastructure, and manufacturing sectors, creating strong opportunities for specialised industrial operations. At RAKEZ, we focus on enabling investors to move efficiently from set-up to production through ready infrastructure, responsive support, and a business environment designed for scale. We are pleased to support the Group as they expand their regional footprint and bring new industrial capabilities to the emirate.”

    RAKEZ continues to support industrial investors through its integrated ecosystem, combining flexible solutions, world-class infrastructure, and end-to-end support services that enable businesses to establish, operate, and scale efficiently.

  • AD Ports Group Awards Three Contracts for Noatum Ports Pointe-Noire Terminal in the Republic of the Congo

    Brazzaville, Republic of the Congo/ Abu Dhabi, UAE – 18 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, announced the award of three major contracts for the design and construction of marine and landside infrastructure, and the sourcing of crane equipment, for the Noatum Ports Pointe-Noire Terminal in the Republic of the Congo.

    The container terminal is being developed under AD Ports Group’s majority-owned joint venture with the CMA CGM Group, through its subsidiary CMA Terminals, following an agreement signed between the two parties in February 2025.

    AD Ports Group Awards Three Contracts for Noatum Ports Pointe-Noire Terminal in the Republic of the Congo

    The contract awards, with a combined value of approximately AED 735 million (USD 200 million,), mark a milestone in the development of the new container terminal, which is being delivered under AD Ports Group’s 30-year concession agreement with the Government of the Republic of the Congo, extendable by a further 20 years.

    The awards include two contracts for marine works and topside works valued at approximately AED 551 million (USD 150 million) to MAR CONTRACTING SARLU and MBTP SA JV, in addition to a AED 184 million (USD 50 million) contract for three ship-to-shore (STS) cranes and nine rubber-tyred gantry (RTG) cranes awarded to Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC).

    The container terminal will initially include a quay wall of approximately 420 metres in length and 16 metres in depth, capable of accommodating Patagonia-class vessels, alongside a 100,000 sqm logistics area. Under its concession agreement with the Congolese government, the Group has the right to develop additional multipurpose cargo capabilities, to be evaluated in line with evolving business demand. 

    Mohamed Eidha AlMenhali, Regional CEO – AD Ports Group, said: “These contract awards mark a significant step towards delivering a modern and future-ready container terminal at the Port of Pointe-Noire, in partnership with CMA Terminals. This development reflects AD Ports Group’s long-term commitment to investing in high-growth markets and developing integrated maritime and logistics infrastructure that strengthens regional trade connectivity. This strategic investment will not only enhance port capacity, but also to create lasting value for Congolese communities through job creation, skills development, and stronger integration into global trade. In addition, this development will support economic diversification, attract leading global shipping lines, and deliver sustainable value for the Republic of the Congo and the wider region, in line with the vision of our wise leadership in the UAE.”

    The foundational contracts advance the development of the new container terminal at the Port of Pointe-Noire, enhancing its capacity to handle larger vessels and higher annual throughput, which further reinforces its role as a regional trade gateway serving Central and West Africa. Construction is expected to be completed in approximately two years.

    Based on comparable port developments, Noatum Ports’ Pointe-Noire Terminal is estimated to create up to 9,000 jobs, both directly and indirectly, from the initial phase of construction and through the start of operations.

    Construction activities are projected to create up to 800 jobs, whilst direct terminal operations are expected to support a further 400 roles. In addition, up to 7,000 indirect jobs are anticipated through new business opportunities enabled by the terminal.

    The development of the Noatum Ports Pointe‑Noire Terminal is closely aligned with the Government of the Republic of the Congo’s vision and the National Development Plan for Congo‑Brazzaville, which prioritises economic diversification, reduced dependence on hydrocarbons, and inclusive growth.

    By modernising port infrastructure, enhancing trade competitiveness, and strengthening logistics capabilities, AD Ports Group supports the Government’s ambition to position Pointe‑Noire as a leading maritime and logistics hub for Central and West Africa, whilst generating sustainable economic and social benefits. 

    The marine works contract includes the full design and construction of the quay wall, marine structures, crane foundations, quay infrastructure, and associated waterside works. The topside works contract covers the development of a concession area, including container yard infrastructure, operational and administrative facilities, utilities networks, substations, and supporting terminal infrastructure.

    The crane supply contract covers the manufacture and delivery of Super Post-Panamax STS cranes, which are amongst the largest and most advanced in container ports. The hybrid RTG cranes are expected to reduce diesel consumption by up to 60% compared to conventional diesel-powered RTGs, equivalent to savings of approximately 1 million litres of fuel per year, and a reduction of around 5,000 tonnes of CO2 emissions.

    AD Ports Group continues to expand across Africa, with port terminals and logistics businesses in Egypt, Tanzania, Angola, Cameroon, and the Republic of the Congo, supporting regional trade integration and long-term economic development. In addition, the Group provides maritime shipping services in West and East Africa, and is building a 20km2 industrial and logistics park in East Port Said, Egypt, at the Mediterranean mouth of the Suez Canal.