Industry News

IAMAI raises concerns over double welfare contributions for gig workers

Industry body says overlap between Karnataka's gig worker law and the Code on Social Security could lead to duplicative welfare contributions by platform companies

Edible oil rates rose by ₹1-4 per kg in the last week amid West Asia crisis

Retail edible oil prices begin to rise as global palm and soybean oil rates climb alongside crude oil amid the West Asia crisis

AC makers flag production risks as LPG shortage worsens amid West Asia war

Air-conditioner makers warn of production risks as LPG shortages linked to the West Asia conflict disrupt supply of fuel used in brazing and coating processes

India's sneaker craze accelerates homegrown brands, boosts resale platforms

Rising streetwear culture, Gen Z demand and digital discovery are driving India's sneaker boom, helping homegrown brands expand while resale platforms scale up inventory

Standing Committee flags MDR gap in UPI ecosystem, calls for revenue model

Parliamentary panel urges government to create a sustainable revenue model for the UPI ecosystem, warning that current incentives cover only a fraction of industry costs

West Asia conflict dents India's medical tourism, hospital inflow falls

Indian hospital chains report up to 30% drop in overseas patient inflow and revenue hit as the West Asia conflict disrupts medical travel and slows arrivals from key markets

Gig workers report drop in orders on Zomato, Swiggy amid LPG shortage

Food delivery gig workers report falling orders and earnings as LPG shortages force restaurants and cloud kitchens to cut operations, disrupting supply on platforms such as Zomato and Swiggy

Delhi peak power demand may cross 9K MW this summer amid heatwave fears

Power demand in Delhi may cross 9,000 MW this summer as above-normal temperatures and more heatwave days are forecast, with discom BSES preparing to meet higher electricity load

Delhi's peak power demand expected to cross 9,000 MW this summer

According to the State Load Dispatch Centre (SLDC) figures, last year, Delhi's peak power demand was 8,442 MW

VOC Port sets aside 90,000 sq m space for containers amid West Asia crisis

The move will help save resources and increase availability of raw materials for ship building

Exporters' body urges govt to ensure LPG, gas supply for manufacturers

Federation of Indian Export Organisations (FIEO) President S C Ralhan said that he has written a letter in this regard to the commerce and industry ministry

Indian Railways approves regularisation of two special trains from Odisha

Railways Minister Ashwini Vaishnaw has informed Odisha Chief Minister Mohan Charan Majhi about the development

Netflix launches Eyeline Studios in Hyderabad, its fifth global VFX hub

Eyeline Studios is Netflix's premier innovation hub for visual effects and virtual production, where practical filmmaking and next-generation technology converge

India plans to launch $11 billion fund to support domestic chipmaking

India is hoping to woo major chipmakers to the world's most populous country with its engineering, design talent as well as subsidies in much the same way it's helped Apple Inc. expand in the region

LPG supply shortage hits businesses; eateries switch to wood stoves

LPG supplies are tightening across cities, with long delivery delays and limited stock; restaurants and households in several cities are facing shortages

LPG crisis hits food deliveries, gig workers union seeks ₹10,000 relief

Gig worker union flags sharp fall in food delivery orders as LPG shortages shut restaurants and cloud kitchens, seeks ₹10,000 relief for workers and an urgent meeting with government

Govt plans new smartphone export incentives in a boost for Apple, Samsung

The policy design, size of the incentives and the overall budget are still being finalised and may change during the inter-ministerial consultations

Luxury housing boom to lift India home prices through 2028: Poll

Most analysts classify premium housing as homes priced above 10 million rupees, ‌nearly 40 times India's average national per capita income

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

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