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Odisha’s GDP projected to grow at 9.14% versus India’s 7%

Even as the national economy has recorded a sluggish growth of 5.5 per cent in the current fiscal and the mandarins in the Planning Commission have projected a growth rate of 7 per cent in 2013-14, the State Government has projected a growth of 9.14 per cent for the current financial year. “As per advance estimates, the State economy is expected to grow in real terms at 2004-05 prices at a rate of 9.14 per cent in 2012-13,” the Economic Survey report 2012-13 presented in the Assembly said.

IT top priority for state: CM Naveen Patnaik

BHUBANESWAR: Chief minister Naveen Patnaik on Wednesday said his government will continue to focus on the growth of the information technology sector and make Bhubaneswarthe number one IT destination among Tier-II cities in the country.Inaugurating the e-Odisha summit here, Naveen said, "Odisha is trying its best to be at the forefront of the IT revolution. Four major IT companies - Infosys, TCS, Wipro & Mahindra Satyam - have established their development centres in the capital."He said, "It is a matter of pride that IT exports from the state...

Realtors are pouring big money into homes for retired people

Vasant Kumar Nair bought a retirement home in Rajasthan about seven years ago, but initially was not entirely convinced he could live there after he retired. The housing complex in Bhiwadi had just a few families living there and the town was not completely developed. But after Nair's children grew up and moved out, he and his wife found themselves living alone in an independent house in Gurgaon on the outskirts of Delhi. "We were concerned about our safety and it was becoming increasingly difficult...

Odisha Property Brands Expo held in Bengaluru

Mo Ghara, Mo Odisha’, a two-day Odisha Property Brands Expo-2013 organised by a leading advertising and event management agency of Odisha in Bengaluru, concluded recently. The expo was inaugurated by Karnataka DGP Sushant Mohapatra and CREDAI Odisha chapter secretary Umesh Patanaik.

Tata Housing forays in Odisha with Ariana

Real estate major Tata Housing Development Company today announced the launch of Ariana, Bhubaneswar’s first integrated residential complex at Shankarpur. “Over the last few years, real estate as an industry has gained momentum across Odisha with improvements in infrastructure like the new international airport here,” said Managing Director and CEO of Tata Housing, Brotin Banerjee.