Industry News
Kalinganagar's grim anniversary: Progress rises, but unease still persists
Once known for controversial land acquisition, the Kalinganagar industrial unit in Odisha now accounts for as much as 20% of approved new investments in the state. But for many locals, unease persists
 "Kalinganagar's grim anniversary: Progress rises, but unease still persists")
Retailers ramp up women hiring as sector reshapes frontline teams
The gender gap is widest in FMCG feet-on-street sales, where demanding travel, tough targets, low pay and poor facilities keep women below 5 per cent
 "Retailers ramp up women hiring as sector reshapes frontline teams")
New ship recycling rules kick in as India aligns with Hong Kong Convention
According to sector watchers, ship recycling and dismantling is getting increasingly concentrated in South Asia, with countries such as India and Bangladesh taking the lead
 "New ship recycling rules kick in as India aligns with Hong Kong Convention")
Mid-term exits by independent directors at highest level since 2017
Many from companies with less than ₹100 crore in mcap
 "Mid-term exits by independent directors at highest level since 2017")
Just 1 in 4 MSME pharma units set for GMP transition as deadline nears
Firms not complying with norms risk shutdowns once inspections begin next year
 "Just 1 in 4 MSME pharma units set for GMP transition as deadline nears")
Centrally funded infra projects see 21% cost jump in Oct as overruns mount
Among large infrastructure ministries (as per project count), the Ministry of Railways recorded a 17.8 per cent increase over original costs
 "Centrally funded infra projects see 21% cost jump in Oct as overruns mount")
China starts issuing licenses to import rare earth magnets into India
China has begun clearing export licences for rare earth magnets to India, easing supply disruptions for automakers and EV makers after months of delays caused by trade curbs
 "China starts issuing licenses to import rare earth magnets into India")
India to assume Kimberley Process Chairmanship from Jan 1 for third time
During its tenure, India will focus on strengthening governance and compliance, advancing digital certification and traceability
 "India to assume Kimberley Process Chairmanship from Jan 1 for third time")
Moderation at home, momentum at work: 2025 a mixed bag for realty sector
India's real estate market saw residential sales moderate in 2025, while commercial leasing and investments hit record highs, making it a year of contrast and consolidation
 "Moderation at home, momentum at work: 2025 a mixed bag for realty sector")
Indians chase adventure tourism, bookings log double-digit growth in 2025
Indians are increasingly chasing experiences, with adventure tourism bookings recording high single-digit to double-digit growth in 2025 across age groups and destinations
 "Indians chase adventure tourism, bookings log double-digit growth in 2025")
India entered semiconductors late but will soon start exporting: Amit Shah
Speaking at the Abhyudaya Madhya Pradesh Growth Summit, he praised the BJP government in the state for the registration of 4.57 lakh MSMEs (Micro, Small and Medium Enterprises) in just one year
 "India entered semiconductors late but will soon start exporting: Amit Shah")
Over 55K tourists likely to visit Rajasthan for New Year celebrations
Tourism experts estimate that during the December-January period, tourism-related business is expected to touch over ₹500 crore
 "Over 55K tourists likely to visit Rajasthan for New Year celebrations")
Chhattisgarh to develop Bhoramdeo on lines of Kashi Vishwanath Corridor
Nestled in the mountain ranges of Kabirdham district, Bhoramdeo has an ancient temple dedicated to Lord Shiva, about 125 km from Chhattisgarh capital Raipur
 "Chhattisgarh to develop Bhoramdeo on lines of Kashi Vishwanath Corridor")
Industrial-logistics space demand hits record 76.5 mn sq ft this year
Delhi-NCR remained the best performer, with leasing of 13 million square feet this year compared to 9.8 million square feet in 2024
 "Industrial-logistics space demand hits record 76.5 mn sq ft this year")
Risk of AI disruption to white-collar jobs lower in India: IT Secretary
Krishnan said while some may believe AI will eliminate the need for workers entirely, he disagrees
 "Risk of AI disruption to white-collar jobs lower in India: IT Secretary")
Thermal plants missed biomass targets due to supply challenges in FY25: APP
Association of Power Producers noted that the domestic market for torrefied biomass pellets -- mandated for plants equipped with ball and tube mills -- remains significantly underdeveloped
 "Thermal plants missed biomass targets due to supply challenges in FY25: APP")
India becomes world's third-largest fuel retail market with 100,000 pumps
India now ranks third globally in fuel retail network after the US and China, each of which operates 110,000-120,000 pumps across much larger geographies
 "India becomes world's third-largest fuel retail market with 100,000 pumps")
India to assume chair of Kimberly Process from Jan 1 for third time
As defined in United Nations Security Council resolutions, conflict diamonds are rough diamonds used by rebel groups or their allies to finance conflicts that undermine legitimate governments in world
 "India to assume chair of Kimberly Process from Jan 1 for third time")
Signature Global to invest ₹4,800 crore on new housing project in Gurugram
In the first phase, the company is offering 50 per cent of the total units for sale in a price range of ₹3-4 crore per unit
 "Signature Global to invest ₹4,800 crore on new housing project in Gurugram")
Indian retail eyes strong growth as demand shifts to Tier II, III cities
With policy interventions such as GST reforms and income tax relief, coupled with a good monsoon and higher Minimum Support Prices (MSP), the industry anticipates a silver lining in consumer demand
 "Indian retail eyes strong growth as demand shifts to Tier II, III cities")
