Poging GOUD - Vrij

Odisha bypoll puts key parties to test

Business Standard

|

November 11, 2025

Over the past fortnight, Odisha’s Nuapada Assembly constituency, where a bypoll is scheduled on Tuesday, saw unprecedented campaigning. Chief Minister Mohan Charan Majhi and Leader of Opposition Naveen Patnaik held roadshows while Union minister Juel Oram, Chhattisgarh Chief Minister Vishnu Deo Sai, Samajwadi Party Chief Akhilesh Yadav, over half of the state Cabinet, and nearly the entire leadership of all major parties canvassed for their respective candidates.

- RAMANI RANJAN MOHAPATRA

Odisha bypoll puts key parties to test

Odisha CM Mohan Charan Majhi (with folded hands) during a recent election campaign at Sunabeda in Komna block of Nuapada district

(@BJP4ODISHA/X)

This highlights what a crucial role the bypoll —the first since the Bharatiya Janata Party (BJP) came to power, ending Patnaik’s 24-year rule — will play in shaping the state’s political equation ahead of the 2027 panchayat elections.

Historically, ruling parties have won nearly two-thirds of the 73 Assembly bypolls held in Odisha since 1955. During its five terms until 2024, the Biju Janata Dal (BJD), along with its former ally Bharatiya Janata Party (BJP), lost only three of 12 bypolls. However, the Nuapada bypoll, necessitated by the death of three-time BJD MLA Rajendra Dholakia, is seen as a key test for the 17-month-old Majhi government as well as BJP’s state chief Manmohan Samal. For the BJD, it is a fight for political survival amid growing internal dissent while the Congress has a rare opportunity to regain ground, said political observers.

MEER VERHALEN VAN Business Standard

Business Standard

Business Standard

Divisions in Federal Reserve underscore challenge for Trump’s next chair

US President Donald Trump wants significantly lower borrowing costs and has been clear that he expects his pick to replace Jerome H Powell as chair of the Federal Reserve to follow through.

time to read

2 mins

December 12, 2025

Business Standard

₹ hits new low on outflows, delay in US trade deal

The rupee hit a fresh closing low of 90.37 per dollar on Thursday, pressured by foreign outflows from both bonds and equities. Uncertainty around the trade deal with the US also weighed on sentiment.

time to read

2 mins

December 12, 2025

Business Standard

Pension parking lot expanded to gold, AIFs, Invits

Unlocking the flow of annual retirement savings worth about ₹1 trillion into a wider range of assets Unlocking the flow of annual retirement savings worth about ₹1 trillion into a wider range of assets, including alternative investment funds (AIFs), equities, gold and silver exchange traded funds (ETFs), infrastructure investment trusts (Invits) and Basel-III tier-I bonds issued by state-owned shadow banks, the Pension Fund Regulatory and Development Authority (PFRDA) has significantly liberalised its investment guidelines for the National Pension System (NPS).

time to read

3 mins

December 12, 2025

Business Standard

Mexico slaps up to 50% tariff on imports from India, China

Engg goods account for 61% of India's $5.75 bn exports to North American nation

time to read

2 mins

December 12, 2025

Business Standard

Business Standard

Insurance firms still negotiating with distributors on commission revisions

Life insurers have formed committee to discuss the capping of distributor commission

time to read

2 mins

December 12, 2025

Business Standard

Business Standard

IndiGo to offer ₹10,000 travel vouchers to impacted Dec 3-5 flyers

India's largest airline, IndiGo, hit by major operational disruption last week, on Thursday said it would offer travel vouchers worth ₹10,000 to passengers who were stranded for several hours at some airports between December 3 and December 5.

time to read

2 mins

December 12, 2025

Business Standard

AI firms may need to pay global revenue share to content creators

The government is likely to propose that companies using data from Indian content creators to train their artificial intelligence (AI) systems and large language models (LLMs) share a portion of their global revenues as royalties once these services are commercialised, a senior government official has said.

time to read

2 mins

December 12, 2025

Business Standard

Business Standard

AI-driven growth of TCS makes its M&A strategy more aggressive

Even as Tata Consultancy Services (TCS) on Wednesday announced one of its largest ever acquisitions, the market reaction remained subdued.

time to read

2 mins

December 12, 2025

Business Standard

State to table 2nd edition of Jan Vishwas Bill

‘The Chhattisgarh government will bring out the second edition of the Jan Vishwas Act, which decriminalises minor offences by replacing prison terms with fines to facilitate investment and a business-friendly atmosphere.

time to read

1 min

December 12, 2025

Business Standard

Risk factor

Railways too must carefully assess duty hours

time to read

2 mins

December 12, 2025

Listen

Translate

Share

-
+

Change font size