Industry News

BARC developing Bharat Small Modular Reactors at a cost of ₹5,960 crore

BARC is developing 220 MW Bharat Small Modular Reactors and two SMR-55 units under the Nuclear Energy Mission announced in the Union Budget 2025-26

Updated On: 11 Mar 2026 | 9:04 PM IST

West Asia crisis forces leaner menus at India's peak wedding season

LPG shortage forces caterers to rethink menus as India heads into a season of 4 million marriages and ₹60K crore in spending

Updated On: 11 Mar 2026 | 8:57 PM IST

Delhi High Court lawyers' canteen stops hot meals amid LPG shortage

Food services at the Delhi High Court lawyers' canteen were partially suspended after the facility ran out of LPG cylinders needed for cooking

Updated On: 11 Mar 2026 | 8:56 PM IST

India's indoor amusement market hits ₹15,000 cr, consumer spend rises 40%

India's indoor amusement industry has reached ₹15,000 crore as consumer spending rises, though high GST and regulatory gaps could affect expansion, says Anarock-IAAPI report

Updated On: 11 Mar 2026 | 8:46 PM IST

Govt asks Telegram to take down content pirated from OTT platforms

The Information and Broadcasting Ministry has asked Telegram to remove pirated content from OTT platforms such as JioCinema and Amazon Prime Video

Updated On: 11 Mar 2026 | 8:38 PM IST

Govt fully geared to meet coal demand surge amid West Asia crisis

This year, coal production and supply have outpaced consumption, leading to record-high stocks at thermal power plants and coal mines

Updated On: 11 Mar 2026 | 8:34 PM IST

FDI easing only for non-LBC entities with minority Chinese stake: Official

Earlier, foreign firms with shareholders from these land border nations owning even a single share had to seek mandatory approval to invest in India in any sector

Updated On: 11 Mar 2026 | 8:33 PM IST

India ready to meet any unprecedented demand for coal, says govt

India has adequate coal stocks at mines and power plants to meet any unprecedented demand, the coal ministry said, citing record inventory levels across the sector

Updated On: 11 Mar 2026 | 8:15 PM IST

As gas supply worries grow, households push to buy induction cooktops

Retailers and e-commerce platforms report a surge in induction cooktop demand as households look for alternatives amid concerns over possible disruptions in PNG and LPG supply

Updated On: 11 Mar 2026 | 8:13 PM IST

Trump announces Reliance-backed refinery in Texas under $300 bn deal

US President Donald Trump announces a Reliance-backed refinery project in Texas under a $300 billion deal, months after India and the US signed a major bilateral trade pact

Updated On: 11 Mar 2026 | 8:11 PM IST

IGL asks commercial, industrial users to cap gas drawal at 80% of usage

Indraprastha Gas advises commercial and industrial users to limit gas drawal to 80 per cent of recent usage after the government regulated supply amid disruption in LNG shipments

Updated On: 11 Mar 2026 | 8:04 PM IST

Micro lenders turn to secured loans to negate asset quality pressures

Microfinance lenders are expanding into secured products such as gold, mortgage and MSME loans as RBI's revised norms and asset quality pressures push them to diversify portfolios

Updated On: 11 Mar 2026 | 7:44 PM IST

FSSAI pushes for QR codes on plant-based food labels to boost transparency

FSSAI has already introduced a dedicated vegan logo and regulatory framework for plant-based products, offering compliance pathways for businesses and clearer identification for consumers

Updated On: 11 Mar 2026 | 7:19 PM IST

Orissa High Court asks MHA to frame policy on freezing bank accounts

Orissa High Court asks the Ministry of Home Affairs to frame a uniform national policy and SOP for freezing bank accounts during criminal investigations

Updated On: 11 Mar 2026 | 6:59 PM IST

Gig workers warn LPG, CNG shortage may hit Ola, Uber, Rapido rides

Drivers linked to Ola, Uber and Rapido warn LPG and CNG shortages could hurt earnings as long queues at fuel stations and rising costs threaten ride availability

Updated On: 11 Mar 2026 | 6:53 PM IST

HC quashes ₹1 cr cash seizure by GST officers, says law does not permit it

Bombay High Court quashes ₹1 crore cash seizure by GST officers, holding that the CGST Act allows seizure of goods and documents but does not authorise authorities to seize cash

Updated On: 11 Mar 2026 | 5:46 PM IST

Moody's warns of margin, cash-flow pressures for Indian fuel retailers

Global benchmark Brent crude rose sharply and hit a high of $ 119 per barrel on March 9 before settling just under $ 90 the following day, reflecting a heightened geopolitical risk premium

Updated On: 11 Mar 2026 | 4:12 PM IST

Iran conflict may pressure cash flows of OMCs, GAIL: Fitch Ratings

Fitch says Indian oil marketing companies and GAIL could face cash flow pressure if disruptions linked to the Iran conflict persist, though government support may cushion credit profiles

Updated On: 11 Mar 2026 | 3:54 PM IST

Cyber fraudsters using new tech to bypass UPI security features: Report

CloudSEK said the attack typically begins when a user unknowingly installs a malicious APK disguised as something routine, such as a traffic fine notice or a wedding invitation

Updated On: 11 Mar 2026 | 1:23 PM IST

India, Bangladesh urea firms shut operations as war disrupts LNG flow

LNG is the primary feedstock for urea production, serving as an energy source and a key input in making the world's most widely used fertilizer

Updated On: 11 Mar 2026 | 1:08 PM IST