Author: admin

  • India Well-Positioned for Growth Through Innovation: WIPO

    June 23: India’s economy is being viewed with long-term optimism due to its strong focus on innovation-led growth, even as the global environment remains uncertain, according to a World Intellectual Property Organization (WIPO) economist.

    The economist noted that India’s expanding innovation ecosystem—supported by startups, digital infrastructure, and increasing investment in research and development—is helping the country strengthen its economic resilience.

    Despite global challenges such as geopolitical tensions and slower growth in some major economies, India continues to show steady progress in technology adoption and intellectual property creation. This, experts say, is positioning the country as an emerging leader in innovation-driven development.

    The growth of sectors such as digital services, fintech, artificial intelligence, and manufacturing innovation is also contributing to India’s broader economic transformation.

    WIPO officials highlighted that sustained policy support and a young, skilled workforce are key factors supporting India’s long-term growth potential.

    Overall, while global uncertainties persist, India’s innovation-focused growth path is expected to remain a strong source of economic optimism in the coming years.

  • Monsoon Covers Entire Odisha in Just 11 Days, Brings Rain and Cooler Weather

    Bhubaneswar, June 23: The southwest monsoon has arrived across all parts of Odisha in a remarkably quick span of just 11 days, according to the India Meteorological Department (IMD). The monsoon began advancing into the state on June 12 and has now fully covered the region.

    The arrival of monsoon winds has brought a welcome change in weather conditions. Most parts of the state are witnessing cloudy skies, with several areas receiving light to moderate rainfall.

    The widespread cloud cover has also helped ease the heat, bringing noticeable relief from high temperatures. Western Odisha, in particular, has experienced a drop of 3 to 5 degrees Celsius, making conditions significantly more comfortable.

    The weather office has also indicated that temperatures may fall further by around 3 degrees Celsius over the next couple of days, along with continued cloudy skies and chances of intermittent rain.

    Overall, the early and fast-moving monsoon has improved weather conditions across Odisha, bringing relief from heat and supporting the upcoming agricultural season.

  • Agriculture Ministry Rolls Out Plans Amid Rainfall Deficit

    June 23: The Government of India has put in place contingency measures to address agricultural challenges arising from an estimated 40% rainfall deficit, according to the Agriculture Commissioner.

    Officials stated that despite the uneven and below-normal monsoon conditions in several regions, preparedness plans are being implemented to safeguard crop production and support farmers. These measures include advisories on crop planning, promotion of drought-resilient seed varieties, and targeted interventions to manage water stress in affected areas.

    The Agriculture Commissioner emphasized that the government is closely monitoring the situation and working with state authorities to ensure timely response mechanisms are activated where rainfall shortfalls are impacting sowing and crop growth.

    Special focus is being given to vulnerable regions where delayed or insufficient monsoon rainfall may affect key kharif crops. Irrigation support, alternative cropping strategies, and extension services are being strengthened to minimise potential losses.

    While the rainfall deficit presents challenges for the current agricultural season, officials remain confident that coordinated efforts between central and state agencies will help mitigate risks and support farm productivity.

    Overall, the government reiterated its commitment to ensuring farmer welfare and maintaining food security through proactive planning and real-time monitoring of monsoon conditions.

  • India’s Power Sector Outlook Remains Strong on Robust Demand and Policy Support

    June 23: India’s power sector is expected to maintain a positive growth outlook, supported by sustained electricity demand and strong government policy backing, according to recent industry reports.

    The sector continues to benefit from rising consumption driven by industrial activity, urbanisation, and increasing household electricity usage. Peak power demand has been steadily growing, reflecting the expanding needs of a rapidly developing economy.

    Policy initiatives focused on capacity expansion, renewable energy integration, and grid modernisation are further strengthening the sector’s long-term fundamentals. Government efforts to improve transmission infrastructure and ensure reliable power supply are also contributing to improved efficiency and stability across the system.

    Industry experts note that India’s ongoing energy transition, including the expansion of solar and wind power, is reshaping the electricity landscape while maintaining a focus on energy security and affordability.

    While challenges such as distribution efficiency and financial stress in parts of the power distribution segment remain, the overall outlook for the sector is considered stable and growth-oriented.

    Overall, strong demand trends combined with supportive policy measures are expected to sustain momentum in India’s power sector in the coming years.

  • India Poised to Gain as Global Apparel Supply Chains Shift Away from China

    June 23: India’s textile and apparel sector is expected to benefit from a growing global shift in sourcing away from China, as international buyers increasingly diversify their supply chains.

    Recent industry assessments indicate that China’s share in the global apparel market is gradually declining, driven by rising production costs and strategic efforts by global brands to reduce overdependence on a single sourcing destination. This ongoing realignment is opening up new opportunities for alternative manufacturing hubs.

    India is emerging as a key beneficiary of this trend, supported by its strong raw material base, established textile manufacturing ecosystem, and expanding export capabilities across garments and value-added textile products. Industry stakeholders believe that India’s integrated supply chain—from cotton production to finished apparel—strengthens its competitiveness in the global market.

    The shift is also being reinforced by policy support, infrastructure improvements, and increasing participation in global trade networks, which are enhancing India’s attractiveness as a sourcing destination.

    While the outlook remains positive, India continues to face competition from other Asian exporters such as Bangladesh and Vietnam, particularly in price-sensitive segments of the apparel market.

    Overall, the evolving global trade environment is expected to support sustained growth opportunities for India’s textile and apparel exports in the coming years.

     
  • Reports Claim Kunal Shah May Take Global Leadership Role at WhatsApp; Meta Allegedly Invests Nearly Dollar 1 Billion in CRED

    New Delhi,June 23: Reports have suggested that CRED founder Kunal Shah may be appointed as the global head of WhatsApp, while Meta is also said to have made a significant investment of nearly $1 billion in the fintech company CRED.

    Reports Claim Kunal Shah May Take Global Leadership Role at WhatsApp; Meta Allegedly Invests Nearly Dollar 1 Billion in CRED

    According to sources cited in media reports, discussions are underway regarding a possible leadership reshuffle within WhatsApp, a messaging platform owned by Meta. However, there has been no official confirmation from either Meta or WhatsApp regarding the reported appointment.

    In a parallel development, reports also indicate that Meta has invested close to $1 billion in CRED, the Indian fintech platform founded by Kunal Shah. The investment, if confirmed, would mark one of the major global funding moves involving an Indian consumer fintech company.

    Neither Meta nor CRED has issued an official statement confirming the reported deal or leadership change at WhatsApp.

    The reports have sparked widespread discussion in the technology and startup ecosystem, though details remain unverified at this stage.

    Further clarification from the companies is awaited.

  • Nexus Select CITYWALK invites Delhi for their End of Sadness Sale

    New Delhi, June 23: This season, Nexus Select CITYWALK is celebrating everyday moments of joy with the launch of the ‘End of Sadness Sale’, and inviting Delhi to be a part of it. More than just a sale, the campaign is inspired by a simple truth, people don’t visit malls only to shop. They come to celebrate milestones, catch up with friends, spend time with family, create memories, discover new experiences, and often, to simply feel better. 

    We have all been there – a bad day at work, a cancelled plan, a disappointing result, a missed opportunity, or simply one of those days when nothing seems to go your way. But while life gives us plenty of reasons to feel low,  Nexus Select CITYWALK also offers countless ways to bounce back, whether it’s a meal with friends, a movie, quality time with family, discovering something new, or treating yourself to something you’ve wanted for a while. 

    With exciting offers across fashion, beauty, electronics, dining, entertainment, and lifestyle brands, the End of Sadness Sale encourages shoppers to leave behind life’s little disappointments and embrace the experiences that bring a smile to their faces. From 18th June onwards, shoppers can explore exciting offers and discounts of up to 50% off across leading brands, including Estee Lauder, Aldo, Boss, Puma, Charles & Keith, Steve Madden, Sephora, Adidas, Nars, and many others. 

    Nexus Select Malls is built on the philosophy of Asli Happyness, and End of Sadness Sale gives our consumers yet another reason to visit us during one of the biggest retail moments of the year. Because sometimes happiness isn’t about changing your life. It’s about changing your day. 

    And sometimes, that’s all it takes to put an End to Sadness.

  • Similipal Tiger Reserve to Close for Tourists from June 29 Ahead of Monsoon Season

    Baripada, June 23 (UDN): The Similipal Tiger Reserve in Odisha’s Mayurbhanj district will remain closed for tourists and visitors from June 29 due to the onset of the monsoon season and associated safety concerns, authorities announced on Monday.

    Similipal Tiger Reserve to Close for Tourists from June 29 Ahead of Monsoon Season

     UDN (File)

    According to an official notification issued by the Office of the Director, Similipal Tiger Reserve, tourist entry through Kaliani Gate in Jashipur and Pithabata Gate near Baripada will be suspended until further notice. However, the Talabandh and Jamuani eco-tourism complexes will continue to remain open for visitors during the closure period.

    Authorities said the annual shutdown has been enforced as heavy monsoon rainfall makes forest roads muddy, slippery and difficult to navigate. In addition, rainwater flowing down from the hills often damages internal roads, increasing the risk to tourists and vehicles inside the reserve.

    Field Director of Similipal Tiger Reserve and Regional Chief Conservator of Forests, Baripada Circle, Dr. Prakash Chandra Gogineni, said the reopening date will be decided later based on weather conditions and road safety assessments after the monsoon season.

    Officials noted that the reserve was reopened to tourists on October 18, 2025, and follows a routine seasonal closure every year during the rainy period to ensure visitor safety and ecological protection.

    Further updates regarding reopening will be issued by the authorities in due course.

  • Adani Mundra Airport Expands Connectivity with New Flight Services

    Mundra, June 23: Adani Mundra Airport has officially commenced its first scheduled commercial flight operations, marking a major milestone in enhancing air connectivity for the Kutch region.

    The new service connects Mundra with Mumbai and Goa, providing direct and convenient travel options for passengers, businesses, and the tourism sector. The inaugural scheduled operations were launched by airline partner Star Air, as part of the airport’s broader expansion of regional connectivity.

    Officials said the introduction of scheduled flights is expected to significantly boost economic activity in the region by improving access to key commercial and tourism hubs. The enhanced connectivity is also likely to support trade, logistics, and industrial growth in Kutch, which is already a rapidly developing economic zone.

    In addition to the Mumbai and Goa routes, the airport has expanded its network to multiple other destinations, further strengthening its role as an emerging aviation hub in western India.

    Industry experts believe the move will reduce travel time, improve business mobility, and encourage new investments in the region, especially in sectors linked to ports, manufacturing, and exports.

    The development marks a new phase in Mundra Airport’s operations, transitioning it into a key node in India’s growing regional aviation network.

  • Kerala Youth Assaulted in Sambalpur on Child-Lifter Suspicion; Three Detained

    Sambalpur, June 23 (UDN): Three persons have been detained in connection with the assault of a youth from Kerala who was allegedly attacked by a mob in Sambalpur city on suspicion of being a child lifter, police said on Monday.

    According to police, a case was registered at Khetrajpur police station based on a complaint filed by ASI Surya Narayan Das. Sambalpur Additional SP Ajay Kumar Mishra confirmed that three individuals have been detained after being identified through CCTV footage and viral video clips of the incident.

    The victim, identified as Vishnu Shibu from Kerala, was working as a labourer under a contractor in Bargarh district. Police said he had recently left his job and had come to Sambalpur in search of work when the incident occurred at Dhobapada Square.

    Mishra stated that some locals allegedly assaulted him after suspecting him of involvement in criminal activity linked to child lifting rumours. He added that a language barrier may have further escalated the misunderstanding, as the youth was unable to communicate with the crowd.

    The victim was rescued by police and taken to hospital for medical examination. Officials said he did not suffer any major injuries and was later sent back to his native place after receiving primary treatment.

    Police added that the detained persons were identified based on video footage circulating on social media and CCTV recordings from the area. A detailed investigation is underway to identify others involved in the incident.

    The video of the assault had gone viral on social media, showing a group of youths attacking the labourer while bystanders attempted to check his belongings.

    The incident comes days after a similar case in Rayagada district, where two women from Delhi were allegedly assaulted on suspicion of being child lifters, prompting renewed concern over the spread of rumours leading to mob violence in the state.