&w=3840&q=100)
Rejected Trump's invite to come to land of Jagannath: PM Modi in Odisha
"Just two days ago, I was in Canada for the G7 summit, and the US President Trump called me. He said, since you have come to Canada, go via Washington, we will have dinner together and talk. He extended the invitation with great insistence. I told the US President, thank you for the invitation. It is very important for me to go to the land of Mahaprabhu, and hence I politely declined his invitation and your love and devotion to Mahaprabhu brought me to this land," PM Modi said, as quoted by news agency ANI.
The Prime Minister's remarks came during his public address in Bhubaneswar, where he is on a visit ahead of upcoming religious and cultural observances related to the Jagannath Yatra.
105 development projects announced
PM Modi also launched 105 development projects worth over ₹18,600 crore during his visit to Odisha. The projects span key sectors such as drinking water, irrigation, healthcare, rural connectivity, highways, and railway infrastructure.
At an event held at Janata Maidan, the Prime Minister flagged off several railway services, including the first passenger train to Boudh district following the inauguration of the Sonepur–Purunakatak railway line. Additional rail developments included the launch of the third and fourth lines between Sarla and Sason, and a fourth line between Jharsuguda and Jamga.
Modi also flagged off 100 electric buses under the Capital Region Urban Transport (CRUT) system.
The Prime Minister unveiled the 'Odisha Vision Document', a long-term roadmap for the state's development. Prepared with public input, the document sets out economic goals tied to the centenary of Odisha's formation in 2036 and India's 100th year of independence in 2047. It outlines plans to grow the state's economy to $500 billion by 2036 and $1.5 trillion by 2047.
During the event, he also felicitated several women achievers, including participants of the 'Lakhpati Didi' initiative. The programme, under the Ministry of Rural Development, supports women in self-help groups (SHGs) to earn a household income above ₹1 lakh annually through sustainable livelihoods.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Mint
27 minutes ago
- Mint
GST Reforms: From Maruti Suzuki, Eternal to Voltas and HUL - Experts bullish on these 26 stocks. Should you buy?
The Indian stock market jumped over 1.5% on Monday, following the government's proposal for significant reforms to the complex goods and services tax (GST) system, along with favourable global indicators amid easing geopolitical tensions. PM Modi declared that 'next-generation GST reforms' are set to be introduced by Diwali (October 2025). Analysts believe that the proposed changes, intended to lessen the tax burden on families, are likely to enhance consumption demand and assist in the ongoing recovery of the sector. Although specific details of the GST overhaul have not been revealed yet, it is anticipated to involve the simplification of GST rates for essential goods and frequently used items. Reports suggest that the government may abolish the 12% and 28% GST categories, consolidating products into 5% (with 99% of items in the 12% category expected to transition), 18% (with 90% of products in the 28% category likely to shift), and 40% (reserved for luxury and sin goods) categories. Analysts believe that post-GST reforms, markets are set to focus on consumption-driven sectors such as autos, FMCG, durables, insurance, paints, and logistics, with demand and margin tailwinds in play. 'Key sectors that stand to benefit include:Consumer Staples (through better demand, lower raw material costs), Automobiles (4 wheelers), Cement, Hotels (sub ₹ 7,500 room rate inventory), Retail (footwear), Consumer durables (mainly RACs), Logistics, Quick Commerce, and EMS (likely better demand for ACs),' said brokerage Motilal Oswal in its report. According to analysts at Motilal Oswal, Maruti, Tata Motors, and Ashok Leyland are likely to gain in the automotive sector due to the 4Ws being placed in the 28% tax bracket; they should benefit from the reduced GST rate of 18%. The brokerage anticipates that ICICI Bank, HDFC Bank, and IDFC First Bank will experience advantages in the banking sector. The entire sector is expected to benefit as consumption rises; this will enhance household confidence and increase demand for loans, thus pushing credit growth into double digits in 2HFY26; consumer-focused lenders and credit card companies will see direct benefits. Among non-banking financial companies, Bajaj Finance is positioned to benefit, as reduced EMI obligations for consumer durables should enhance NBFC lending within this category. In the cement industry, Ultratech and JK Cement will likely benefit from improved sentiment; a drop in GST from 28% to 18% could result in a decrease in prices by about 7.5% to 8%, although demand may be less sensitive. In the consumer staples sector, HUVR and Britannia are expected to gain since most items fall under the 18% tax bracket; staple companies tend to benefit from this as several raw materials are taxed at a 12% rate, leading to lower input GST; this segment is crucial for the government's revival efforts. Voltas and Havell's stand to benefit in the Consumer Durable sector, as air conditioners will be subject to a reduced GST of 18% instead of 28%. In the insurance industry, the brokerage mentioned that Niva Bupa, Max Life, HDFC Life, and Star Health can benefit, particularly since policies for senior citizens currently incur an 18% tax, but there is a chance that this could be lowered to 5% or completely exempted. If this happens, health insurers and those focused on term life policies may see advantages. Stocks to benefit Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)

First Post
27 minutes ago
- First Post
Wang Yi in India: China's top diplomat to meet PM Modi tomorrow; hold 24th round of boundary talks with Doval
As Chinese Foreign Minister Wang Yi is all set to visit India, his itinerary includes a meeting with Prime Minister Narendra Modi. The Chinese diplomat will arrive in New Delhi on Monday China's Foreign Minister Wang Yi attends the 15th East Asia Summit Foreign Ministers' meeting during the 58th Association of Southeast Asian Nations (ASEAN) Foreign Ministers' meeting and related meetings at the Convention Centre in Kuala Lumpur, Malaysia on July 11, 2025. File Image/Pool via Reuters As Chinese Foreign Minister Wang Yi is all set to visit India, his itinerary includes a meeting with Prime Minister Narendra Modi. It is pertinent to note that the veteran Chinese diplomat's visit to New Delhi is happening as PM Modi prepares to embark on a visit to China for the first time in seven years. The Indian prime minister is scheduled to travel to China from August 31 to September 1 for the SCO Summit in Tianjin, where he is expected to hold bilateral meetings with Chinese President Xi Jinping and Russian President Volodymyr Putin. STORY CONTINUES BELOW THIS AD Meanwhile, Wang Yi will arrive in India on Monday for a three-day visit in which he will also hold talks with his Indian counterpart, Dr S. Jaishankar and National Security Adviser Ajit Doval. The foreign ministers' dialogue is scheduled for Monday evening. Meanwhile, Wang Yi and Doval would meet for the 24th round of Special Representatives talks on the boundary question on Tuesday morning, Times of India reported. The Chinese foreign minister's meeting with Prime Minister Modi will take place at 5:30 pm on Tuesday. During their talks, Wang Yi is expected to brief PM Modi about the agenda for the SCO summit and recent progress in Sino-India ties. Jaishankar and Wang Yi will also look into finalising the agenda for the upcoming Modi-Xi bilateral meeting. Apart from this, an announcement of the resumption of direct flights between the two countries is also expected to take place soon.


Time of India
27 minutes ago
- Time of India
Navarro warns India on Russian oil, Trump slaps 50% tariffs amid strained ties
White House trade adviser Peter Navarro said India's purchases of Russian crude were funding Moscow's war in Ukraine and had to stop, adding that New Delhi was "now cozying up to both Russia and China." "If India wants to be treated as a strategic partner of the US, it needs to start acting like one," Navarro wrote in an opinion piece published in the Financial Times. India's Foreign Ministry has previously said the country is being unfairly singled out for buying Russian oil while the United States and European Union continue to purchase goods from Russia. US President Donald Trump an additional 25 per cent tariff on Indian goods earlier this month, citing New Delhi's continued purchases of Russian oil, taking total tariffs on imports from India to 50 per cent. "India acts as a global clearinghouse for Russian oil, converting embargoed crude into high-value exports while giving Moscow the dollars it needs," Navarro said. The adviser also said it was risky to transfer cutting-edge US military capabilities to India as New Delhi was "now cozying up to both Russia and China." Longtime rivals China and India are quietly and cautiously strengthening ties against the backdrop of Trump's unpredictable approach to both. Indian Prime Minister Narendra Modi is set to meet Chinese President Xi Jinping at the end of the month while Chinese Foreign Minister Wang Yi will visit India from Monday for talks on the disputed border between the two countries. A planned visit by US trade negotiators to New Delhi from August 25-29 has been called off, a source said over the weekend, delaying talks on a proposed trade agreement and dashing hopes of relief from additional US tariffs on Indian goods from August 27.