The Political and Business Daily - May 08, 2025
The Political and Business Daily - May 08, 2025
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In this issue
May 08, 2025
World leaders call on India, Pak to exercise restraint, hope hostilities ‘end very quickly
WORLD leaders, including UN chief Antonio Guterres and US President Donald Trump, on Wednesday called on India and Pakistan to exercise restraint and hoped that the hostilities would end \"very quickly”.
2 mins
Mock drills conducted across the country
MOCK drills simulating multiple hostile scenarios like air raids, multiple fire emergencies, and search and rescue operations were carried out in several states and Union Territories (UTs) on Wednesday as part of the nationwide mega civil defence mock drill 'Operation Abhyaas'.
1 min
Pak Army pounds villages along LoC in J&K, 12 killed
AT least 12 people, including four children, were killed and 57 others injured as the Pakistan Army resorted to heavy artillery and mortar shelling on forward villages along the Line of Control (LoC) in Jammu and Kashmir on Wednesday, officials said.
1 min
India used its right to respond to terror attack, says Rajnath
INDIA's military scripted \"history\" by acting with \"precision, precaution and compassion\" in destroying terror camps in Pakistan and Pakistan-occupied-Kashmir under 'Operation Sindoor', Defence Minister Rajnath Singh said on Wednesday.
1 min
Army strikes show India's zero tolerance towards terror: Majhi
LAUDING the armed forces, Odisha Chief Minister Mohan Charan Majhi on Wednesday said Operation Sindoor is a perfect example of India's zero-tolerance policy towards terrorism under the leadership of Prime Minister Narendra Modi.
1 min
'Op Sindoor': Nine terror targets destroyed in Pakistan and PoK
INDIA'S armed forces destroyed nine terrorist infrastructure including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) in a 25-minute-long \"measured and \"non-escalatory\" missile and drone strike early Wednesday in retaliation to the dastardly terror attack in Pahalgam.
2 mins
Justice Dixit Krishna Shripad to take oath as Judge of Orissa High Court on May 12
JUSTICE Dixit Krishna Shripad of the Karnataka High Court is set to take oath as a Judge of the Orissa High Court on May 12.
1 min
Subhadra Shakti Cafe opens in Bhubaneswar, empowering women entrepreneurs
IN a significant stride towards women-led development, Odisha's Deputy Chief Minister Pravati Parida on Wednesday inaugurated the Subhadra Shakti Cafe at the serene Anandabana campus in Kalinga Nagar, Bhubaneswar.
1 min
Civil defence mock drills conducted in 12 districts
CIVIL defence mock drills were conducted in 12 districts of Odisha on Wednesday to assess the preparedness to deal with an emergency amid the escalating tensions between India and Pakistan, officials said.
1 min
ORMAS is in the hearts of the people: Minister Naik
“ORMAS is in the hearts of the people, and we have to live up to that trust and expectation,” said Rabi Narayan Naik, Minister for Panchayati Raj and Drinking Water, Rural Development, as he opened the two-day review meeting of ORMAS at the SIRD campus in Bhubaneswar today.
1 min
Gajapati Divyasingha Deb urges ISKCON to convince Digha temple Trust to remove 'Jagannath Dham' name
PURI'S titular king, Divyasingha Deb, on Wednesday urged the ISKCON to convince the Digha temple trust board to remove the ‘Jagannath Dham' name from the newly consecrated temple in the coastal town in West Bengal.
1 min
'Terrorists will now understand value of life': Woman who lost husband in Pahalgam hails Operation Sindoor
HAILING Operation Sindoor, Odisha's Priya Darshani Achariya, who lost her husband in the Pahalgam attack, said terrorists must live in fear and would now understand the value of a human life.
1 min
Russian Embassy unveils special plaque honouring Biju Patnaik
RUSSIA on Wednesday paid tribute to freedom fighter and — former Odisha Chief Minister Biju Patnaik by unveiling a memorial plaque in his honour at its embassy in New Delhi.
1 min
Justice must be swift, smart and seamless, says CM Majhi
Stresses justice system to evolve in step with the digital age
1 min
TPCODL suspends routine power outages until June 15 to ensure uninterrupted summer supply
TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has announced a temporary suspension of scheduled power outages for routine maintenance work until 15th June 2025.
1 min
Eminent industry leader Dr. Bramha Mishra VSSUT's new BOM member
EMINENT industry leader Dr. Bramhananda Mishra has been nominated to the Board of Management (BOM) of the Vir Surendra Sai University of Technology (VSSUT).
1 min
Mental health key to Viksit Bharat, says Deputy CM Pravati Parida
“MENTAL health is a crucial pillar of a strong and progressive nation. As we move towards building a Viksit Bharat, the mental well-being of our citizens must be prioritised,” said Pravati Parida, Deputy Chief Minister of Odisha, at the ‘Illness to Wellness’ Mental Health & Wellness Summit held in Bhubaneswar on Wednesday.
1 min
Vedanta Aluminium observes World Malaria Day 2025 with week-long health awareness campaign
VEDANTA Aluminium, India’s largest aluminium producer, in partnership with the District Health Department and the National Health Mission, Odisha, commemorated World Malaria Day 2025 through a week-long health awareness and screening campaign.
1 min
Odisha Cabinet greenlights ₹1000 Cr disaster-resilient road scheme for future-proof connectivity
IN a landmark move to bolster the state's infrastructure against the wrath of natural disasters, the Odisha Cabinet on Wednesday approved the “Mukhya Mantri Sadak Yojana-Disaster Resilient Roads” scheme, a Rs 1000 crore initiative set to transform road connectivity in vulnerable areas.
1 min
Massive protest in Jharsuguda against SC ruling on JSW Steel's acquisition of BPSL plant
EXPRESSING deep resentment against the ruling of the Supreme Court on the BPSL which is going to severely impact employees, contractors, local vendors and small traders, a massive demonstration was held today in front of the BPSL plant gate.
1 min
Puri airport will elevate global spiritual tourism: H&UD Principal Secy Padhee
\"THE Puri Airport is not just about infrastructure; it is about building a future-ready gateway that will elevate Puri’s profile on the global spiritual tourism map,\" said Usha Padhee, Principal Secretary of the Housing & Urban Development Department, following her review of the Puri Greenfield Airport project on Wednesday.
1 min
IPL betting racket in Odisha busted, 5 held
THE Odisha Police on Wednesday claimed to have busted an online betting racket associated with the Indian Premier League (IPL), and arrested five persons for their alleged involvement in it.
1 min
CM Majhi announces three integrated AYUSH hospitals in Odisha to boost holistic healthcare
“THE government of Odisha is committed to strengthening holistic healthcare, and as part of this commitment, we will establish three new integrated AYUSH hospitals in Dhenkanal, Berhampur, and Balasore,” Chief Minister Mohan Charan Majhi announced on Wednesday.
1 min
Gram Vikas students break records in 2024-25 Class 10 Board Exams, marking a new era of rural academic excellence
IN a remarkable testament to the power of inclusive education, Gram Vikas proudly announces stellar results from its four residential schools across Odisha in the 2024-25 Class 10 board examinations.
1 min
Man gets 20 years RI for raping minor
A court in Mayurbhanj district on Wednesday sentenced a 25-year-old man to 20 years of rigorous imprisonment for raping a 16-year-old girl last year, a government advocate said.
1 min
Suvendu lauds Indian Armed Forces for strike on terror camps, says day of ‘immense satisfaction’
LAUDING the Indian Armed Forces for the missile strikes on terror camps in Pakistan and PoK in the early hours of Wednesday, senior BJP leader Suvendu Adhikari said it was a day of \"immense satisfaction\".
1 min
Bhubaneswar named NCOE hub under ₹60,000 crore ITI Upgradation Scheme
BHUBANESWAR has been named one of five National Centres of Excellence (NCOEs) under the Union Government's ambitious ITI Upgradation Scheme, aimed at modernizing 1,000 government Industrial Training Institutes (ITIs).
1 min
CM's post hailing India after 'Op Sindoor' attracts snide comments on social media
A reaction hailing India posted by West Bengal Chief Minister Mamata Banerjee on X, presumably on 'Operation Sindoor' that the country launched against Pakistan, attracted snide comments from people on Wednesday morning.
2 mins
India knows how to give befitting reply to its enemies: Assam CM Himanta on ‘Operation Sindoor’
HOURS after India's strike on terror camps in Pakistan and Pakistan-occupied Kashmir in the wake of the Pahalgam attack, Assam Chief Minister Himanta Biswa Sarma on Wednesday said the country knows how to give a befitting reply to its enemies. Reacting to ‘Operation Sindoor', the chief minister said the enemies of India would be killed by entering their homes.
1 min
Capital Intensity Reshapes Tech
Technology may retain a prime position in many investment portfolios on a relative basis, but the gap also could easily narrow, says Jeffrey Goldfarb
4 mins
Why India and Pakistan Need a Crisis Hotline
TWO weeks after the terrorist attack in Pahalgam in Indian-administered Kashmir that claimed 26 lives, India and Pakistan appear dangerously close to war.
2 mins
India emerges as $24 billion opportunity in global climate adaptation and resilience market
AMID a projected global surge in demand for climate adaptation and resilience solutions -- estimated to reach between $0.5 and $1.3 trillion by 2030 -- India has emerged as a standout market, offering a $24 billion investment opportunity, a new report said on Wednesday.
2 mins
Study finds improving patient's ability to manage emotions could lower chronic pain
IMPROVING one's ability to manage emotions has shown to be effective in dealing with chronic pain, according to a new study.
2 mins
Left parties back Govt, call for deescalation
LEFT parties on Wednesday extended support to the government over Operation Sindoor launched in response to the Pahalgam terror attack, while stressing the need for continued pressure on Pakistan to dismantle terror infrastructure as well as pursuing diplomatic avenues to prevent further escalation.
1 min
Col Sofiya Quershi, who briefed on 'Op Sindoor', is 'fauji' kid driven to serve nation early on
BEING a 'fauji' kid, Sofiya Qureshi grew up listening to tales of valour and sacrifice of the army shared by her grandfather, who was a soldier. Many years later, when she expressed her desire to join the armed forces, her family didn't hesitate and stood firmly behind her decision.
2 mins
PM Modi picked the name 'Operation Sindoor'
IT was Prime Minister Narendra Modi who picked the evocative term \"Operation Sindoor\" to codename the Indian armed forces' strikes on nine terror sites in Pakistan and PoK, official sources said on Wednesday.
1 min
'Beginning of justice for Pahalgam victims'
THE Rashtriya Swayamsevak Sangh (RSS) on Wednesday said Operation Sindoor was the beginning of justice for the Pahalgam terror strike victims.
1 min
Precision, technology and depth: What makes 'Operation Sindoor' different
OPERATION Sindoor has redefined India's military posture with a scale, depth, and technological sophistication unseen since the 1971 war.
2 mins
Over 300 flights cancelled; 25 airports temporarily closed for operations
MORE than 300 flights have been cancelled and at least 25 airports, including Srinagar, have been temporarily shut for operations amid restrictions in the wake of the armed forces launching missile attacks on terror targets in Pakistan on Wednesday morning.
1 min
EAM Jaishankar dials counterparts in Asia and Europe, discusses strikes on Pak-based terror camps
EXTERNAL Affairs Minister (EAM) S. Jaishankar on Wednesday spoke with the foreign ministers of Japan, Qatar, Spain, France and Germany, discussing India's strikes on Pakistan-based terror camps earlier in the day.
1 min
‘Operation Sindoor' dismantles Pakistan's terror infrastructure, razes jihad factories
PAKISTAN Army is backed by its Inter-Services Intelligence (ISI), which has been covertly supporting the activities of anti-India terrorist outfits, including Lashkar-e-Taiba (LeT), Jaish-e-Mohammad (JeM), Hizbul Mujahideen (HM), among others and has systematically coordinated financial, logistics, doctrinal and military support to these outfits including providing direct combat trainings.
2 mins
PNB clocks 51.7 pc jump in Q4 net profit at ₹4,567 crore
GOVERNMENT-OWNED Punjab National Bank (PNB) on Wednesday reported a net profit of Rs 4,567 crore for January-March quarter of financial year 2024-25, which represents a 51.7 per cent jump over the corresponding figure of Rs 3,010 crore for the same period of the previous financial year.
1 min
Cabinet approves revised 'SHAKTI' policy for coal allocation to power sector
THE Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the grant of fresh coal linkages to thermal power plants of the Central Sector, State Sector and Independent Power Producers (IPPs) under the revised 'SHAKTI' policy.
2 mins
GreenLine partners with Shriram Finance to scale up green logistics
GREENLINE — Mobility Solutions Ltd, an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, on Wednesday flagged off a new fleet of LNG-powered trucks at Chakan, Pune.
1 min
Deal volumes remain resilient in India in April, early-stage investments up: Report
THE private equity (PE) landscape in April remained steady in terms of deal volume, clocking 139 transactions — a marginal 1 per cent rise — continuing its consistent monthly trend between 130 to 140 deals, a report showed on Wednesday.
1 min
India-UK FTA bypasses China’s dependence, navigates US tariffs
INDIA and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude -- encompassing reductions across 90 per cent of tariff lines -- but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday.
1 min
India PE-VC market grows 9 pc to $43 billion in 2024
INDIA'S private equity and venture capital (PE-VC) investments staged a recovery in 2024, growing by approximately 9 per cent to reach $43 billion across close to 1,600 deals, with traditional sectors taking the lead in driving market growth, a report showed on Wednesday.
1 min
Sensex, Nifty end higher after volatile trade as India avenges Pahalgam attack
BENCHMARK stock indices Sensex and Nifty closed higher in a volatile session on Wednesday as India launched missile strikes on terrorist hide-outs in Pakistan and Pakistan-Occupied Kashmir.
1 min
India's 'SVAMITVA' scheme in focus at World Bank Land Conference in US
INDIA took centre-stage at the prestigious 'World Bank Land Conference 2025' in Washington, DC, reaffirming the country's global leadership in inclusive land governance and grassroots empowerment.
2 mins
'India reserves right to retaliate if UK's proposed carbon tax hits exports'
THE India-UK free trade agreement has no provision to counter Britain's proposed carbon tax, but amid uncertainty and absence of UK legislation, New Delhi has preserved its right to retaliate or rebalance concessions, if future measures impact domestic exports, an official said.
1 min
Op Sindoor: Pahalga victim Shubham's wife thanks PM, armed forces for taking 'revenge'
PAHALGAM terror attack victim Shubham Dwivedi's wife Ashanya on Wednesday thanked Prime Minister Narendra Modi and armed forces for taking \"revenge\" on her husband's death.
1 min
Raut praises armed forces for Op Sindoor; says no party or Govt should take credit for it
SHIV SENA (UBT) leader Sanjay Raut on Wednesday hailed the armed forces for carrying out 'Operation Sindoor', and said those trying to take its credit for political gains will do injustice to the victims of the Pahalgam terror attack.
1 min
K'taka Govt orders special prayers in temples to celebrate Operation Sindoor’s grand success
THE Karnataka government has issued orders to conduct special prayers in temples across the state to celebrate the success of Operation Sindoor.
1 min
Operation Sindoor: CM Sai & other state leaders hail Indian armed forces
CHHATTISGARH Chief Minister Vishnu Deo Sai and other state leaders across the political spectrum on Wednesday lauded the Indian armed forces for carrying out ‘Operation Sindoor' against terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir.
1 min
Operation Sindoor shows strength of 56-inch chest: CM Mohan Yadav
INDIAN armed forces carried out strikes on terrorist hideouts inside Pakistan without harming civilians, showing the strength of the \"56-inch chest\", Madhya Pradesh Chief Minister Mohan Yadav said on Wednesday.
1 min
CM commends Indian Armed Forces for strikes against Pakistan and PoK
ANDHRA Pradesh Chief Minister N Chandrababu Naidu on Wednesday commended the Indian Armed Forces for \"their successful strikes against terrorist camps in Pakistan and Pakistan Occupied Kashmir (PoK)\".
1 min
Yogi is ‘outgoing CM’, all sections will unite to oust his Govt: Akhilesh Yadav
SAMAJWADI Party (SP) president Akhilesh Yadav on Wednesday called Uttar Pradesh Chief Minister Yogi Adityanath an \"OCM\" (outgoing chief minister), alleging that his government is anti-Brahmin.
1 min
CM Stalin reaffirms commitment to inclusive growth and confident of returning to power in 2026 poll
TAMIL Nadu Chief Minister M.K. Stalin on Wednesday asserted that his government remains steadfast in promoting holistic development across all sectors, districts, and communities, aiming not just for economic upliftment but also for meaningful social transformation.
1 min
Op Sindoor sends out message that India won't tolerate terror attacks on its soil, says Fadnavis
MAHARASHTRA Chief Minister Devendra Fadnavis on Wednesday said Operation Sindoor displays India's military capability and unwavering will, and sends out a message that the country will no longer tolerate terror attacks on its soil.
1 min
Delhi airport sees cancellation of 140 flights
AROUND 140 flights to and from the Delhi airport were cancelled by various airlines including foreign carriers on Wednesday in the wake of the armed forces carrying out missile strikes on terror targets in Pakistan.
1 min
Nigerian drug peddler arrested with MDMA worth Rs 45 lakh in Delhi
DELHI Police has arrested a 50-year-old Nigerian national with MDMA, commonly known as ecstasy, worth approximately Rs 45 lakh, an official said on Wednesday.
1 min
Gurugram: Three held for planning robbery at gunpoint
THREE men were arrested while allegedly planning a robbery at gunpoint near Leisure Valley Park in Gurugram's Sector 29, police said on Tuesday.
1 min
Rain lashes Delhi, maximum temperature down by 2.8 deg
RAINS lashed parts of the national capital on Wednesday evening, bringing the temperatures down.
1 min
Security beefed up in Delhi following 'Operation Sindoor'
SECURITY in the national capital has been intensified with additional police personnel and paramilitary forces deployed at key locations following 'Operation Sindoor', an official said.
1 min
Students, teachers guided on disaster preparedness in Delhi schools
STUDENTS and teachers across Delhi took part in a safety drill on Wednesday, aimed at strengthening emergency preparedness that included practising orderly evacuations, taking shelter under desks, and switching off electrical appliances when the siren sounded.
1 min
Delhi govt to constitute unit to monitor Yamuna cleaning efforts
THE Urban Development Department of the Delhi government plans to constitute a project management unit for timely and efficient completion of works for cleaning the Yamuna related to the Delhi Jal Board.
1 min
Stop demolition of Madrasi Camp, eviction of residents, says CPI(M) to Delhi govt
THE CPI(M) State Committee has urged the Delhi government to immediately stop the demolition of Madrasi Camp in Jangpura and eviction of its residents, calling the action \"illegal and indefensible.
1 min
Justice for women who lost their spouses in Pahalgam: Delhi CM on Op Sindoor
DELHI Chief Minister Rekha Gupta on Wednesday said women who lost their husbands in the Pahalgam terror attack got justice due to India's missile strikes in Pakistan and PoK.
2 mins
Parliament breach: Accused can't compare themselves with Bhagat Singh, says Delhi HC
CALLING the Parliament building India's pride, the Delhi High Court on Wednesday said nobody could play a prank in there and those arrested for its security breach in 2023 couldn't equate themselves with martyrs like Bhagat Singh.
1 min
Talks with Trump constructive despite no tariffs lifting
CANADIAN Prime Minister Mark Carney said that he had wide-ranging and constructive discussions with US President Donald Trump in the White House, although the two leaders disagreed on tariffs lifting and the \"51st state,\" according to the live broadcast of CBC News.
2 mins
Pak briefs Chinese ambassador on latest escalation with India
PAKISTAN, on Wednesday briefed Chinese Ambassador Jiang Zaidong about the latest escalation with India.
1 min
Russia, Japan express concern over escalating India-Pak tensions
RUSSIA and Japan expressed deep concern on Wednesday over escalating military tensions between India and Pakistan.
1 min
Drone strikes on Port Sudan area threaten humanitarian hub operations, says UN
INTENSIFYING drone attacks in the Port Sudan area -- the UN humanitarian aid hub for Sudan -- are increasing threats to aid delivery, a UN spokesman said.
1 min
Will wrap up tensions if India backs down, says Pak Defence Minister Khawaja Asif
PAKISTAN'S, Defence Minister Khawaja Asif has said that the current tensions and escalated confrontation between India and Pakistan can come toa halt only if New Delhi backs out of its aggressive position.
1 min
UK's terrorism charges against seven Iranian nationals baseless: Tehran
IRAN'S Foreign Ministry has rejected allegations made by the UK Home Office and certain British parliamentarians following the arrest of several Iranian nationals over terrorism charges, state media reported on Wednesday.
1 min
UK PM Keir Starmer calls for dialogue, de-escalation amid India-Pak tensions
BRITISH Prime Minister Keir Starmer on Wednesday said that the UK is engaging with both India and Pakistan to push for dialogue and de-escalation after Indian military strikes on terror targets in the neighbouring country under Operation Sindoor.
2 mins
Bhatia, Theegala ready for busy stretch as Mcllroy eyes another win at Truist
INDIAN-AMERICAN golfer Akshay Bhatia, who has endured a mixed run of form this season, will aim to climb the FedEx Cup standings as he prepares for the Truist Championship, starting here Thursday.
1 min
Indian men’s and women’s compound archery teams enter WC Stage 2 finals
THE Indian men's and women's compound archery teams stormed into the finals of the World Cup Stage 2 with commanding wins here on Wednesday, assuring the country of two medals from the prestigious event.
1 min
Desperate Delhi Capital face in-form PBKS in must-win IPL clash
DC have endured three losses and a no result due to rain in their last five games, and are currently placed fifth on the table with 13 points from 11 matches.
1 min
Taipei Open: Kidambi Srikanth, Ayush, Mannepalli, Unnati enter second round
STAR Indian shuttler Kidambi Srikanth started his campaign on a bright note with a straight game win as he, along with a host of other youngsters, progressed to the second round of the Taipei Open Super 300 Badminton Tournament here on Wednesday.
1 min
T20 Mumbai League important for players looking to rise through ranks: Suryakumar
INDIA T201 skipper Suryakumar Yadav on Wednesday said that the third edition of the T20 Mumbai League will provide the city's players a platform to rise through ranks at the state level and aim to play for the country.
1 min
'Operation Sindoor': Sachin Tendulkar, other sports stars laud India’s action in Pakistan
\"FEARLESS in unity. Boundless in strength,\" said cricket legend Sachin Tendulkar as he led India's sporting fraternity in lauding ‘Operation Sindoor' to destroy terrorist infrastructure in Pakistan.
1 min
Women's Tri-Nation: India beat SA by 23 runs, to take on Sri Lanka in final
RIDING on Jemimah Rodrigues’ career-best century and half-tons from opener Smriti Mandhana and Deepti Sharma, India defeated a fighting South Africa by 23 runs to set up a title clash with Sri Lanka in the women’s Tri-Nation ODI series here on Wednesday.
2 mins
India captain Rohit Sharma announces retirement from Test cricket, to continue playing ODIs
INDIA captain Rohit Sharma has announced an abrupt retirement from Test cricket with immediate effect, adding that he will continue to play in ODIs.
1 min
The Political and Business Daily Newspaper Description:
Publisher: Deejanshu Media Pvt Ltd
Category: Newspaper
Language: English
Frequency: Daily
The Political and Business Daily is essentially a business paper with strong political content.
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