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Government to set up 'Deep Tech Fund of Funds' for next gen startups: Sitharaman

February 02, 2025

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The Statesman Bhubaneswar

Union Minister for Finance Nirmala Sitharaman on Saturday announced that the possibility of a 'Deep Tech Fund of Funds' will be explored to catalyse the next generation startups.

- STATESMAN NEWS SERVICE

She also announced that customised Credit Cards with a five lakh limit for micro enterprises registered on Udyam portal will be introduced. She further remarked that in the first year, 10 lakh such cards will be issued.

The Union Budget 2025-26 sees the next five years as a unique opportunity to realise 'Sabka Vikas', stimulating balanced growth of all regions and achieving the goal of Viksit Bharat, she said.

The Union Budget defines MSMEs as one of the powerful engines for the story of development and the proposed development measures support MSMEs to accelerate growth and secure inclusive development.

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The Statesman Bhubaneswar

As Bihar heads to the polls...

Electors in Bihar will carry their own dreams and those of candidates and political parties as they walk to booths in 121 assembly constituencies on Thursday morning. Election managers have meanwhile shifted gear from a three-month grueling phase of Special Intensive Revision (SIR) of electoral rolls to the hardcore routine of the conduct of polls - logistics, law and order, rebooting of their surgical methods and of course enforcement of the vexing model code of conduct (MCC).

time to read

4 mins

November 06, 2025

The Statesman Bhubaneswar

Morkel says management seeks right team combination with T20 WC around the corner

Morne Morkel, India’s bowling coach, spoke in depth about the importance of forming the right combination after the team’s loss in the recently concluded third T20I against Australia, saying that with the T20 World Cup fast approaching, the team management is not leaving any stone unturned to strike balance in the squad.

time to read

1 mins

November 06, 2025

The Statesman Bhubaneswar

Weight of Illusion

India’s new obsession with injectable weight-loss drugs is a story of science outpacing restraint. Once reserved for diabetics, these so-called “miracle jabs” are now being pursued by young professionals, influencers, and even wedding planners as shortcuts to a slimmer self.

time to read

2 mins

November 06, 2025

The Statesman Bhubaneswar

India-US trade talks ongoing, major issues unresolved: Goyal

The discussions on the proposed India-US Bilateral Trade Agreement (BTA) are progressing smoothly but many sensitive and serious issues remain to be resolved, Union Commerce Minister Piyush Goyal said on Wednesday.

time to read

1 mins

November 06, 2025

The Statesman Bhubaneswar

Don't waste the chance

When locals from the Bancharedanda landfill site on the Nuwakot-Dhading border went on a strike to prevent the waste of Kathmandu Valley and parts of Kavrepalanchok from entering the area, there was a sense of déja vu.

time to read

2 mins

November 06, 2025

The Statesman Bhubaneswar

Eight women pilgrims run over by train while crossing tracks at UP’s Mirzapur

UTTAR PRADESH CHIEF MINISTER YOGI ADITYANATH HAS ANNOUNCED RS 2 LAKH EACH TO THE FAMILY OF THE DECEASED. HE INSTRUCTED OFFICIALS TO IMMEDIATELY REACH THE SPOT AND EXPEDITE RELIEF EFFORTS.

time to read

1 mins

November 06, 2025

The Statesman Bhubaneswar

Kerala to move SC against SIR; all parties, except BJP, decide to oppose the ECI move legally

The Kerala government has decided to approach the Supreme Court to challenge the constitutional validity of the Special Intensive Revision (SIR) of the electoral rolls in 12 states, including Kerala, as announced by the Election Commission of India (ECI) last week.

time to read

1 min

November 06, 2025

The Statesman Bhubaneswar

SC to weigh Trump tariffs

President Donald Trump’s power tounilaterally impose far-reaching tariffs is coming before the Supreme Court on Wednesday in a pivotal test of executive power with trillion-dollar implications for the global economy.

time to read

1 min

November 06, 2025

The Statesman Bhubaneswar

Manipur: Two inter-state drug peddlers nabbed; arms recovered

Manipur Police arrested two interstate drug peddlers and seized around 2 kilogrammes of brown sugar during an operation conducted at Sekmai Pangaltabi area under Sekmai Police Station in Imphal West district.

time to read

1 min

November 06, 2025

The Statesman Bhubaneswar

Where the Moon sails the river

n Kartika Purnima, when the full moon spills itself over the Mahanadi and its sister rivers, Odisha becomes a single long, luminous sigh. The night is at once festival and elegy: lamps drift like small stars, miniature boats glide like secret letters, and the water takes the moon’s light and keeps itas memory. Here the celestial, the domestic, and the maritime fold into one another - the moon a silent witness, the river a courier, the boat a human hope set afloat.

time to read

4 mins

November 06, 2025

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