Page 108 - Industry News

Half of urban Indians now prioritise early retirement planning: Study

India's retirement readiness improves with the IRIS Index rising to 48; health and financial awareness up but emotional well-being remains a concern, says Axis Max Life

DoT sets March 2026 deadline for pan-India rollout of CNAP service

The DoT directs telcos to launch Caller Name Presentation (CNAP) across India by March 2026, with pilots underway and Trai's support for a default opt-out model

India considering $12 billion plan to bail out state power distributors

The Power Ministry and the Ministry of Finance are discussing the final details of the bailout, with an announcement expected in the February budget, said two of the government sources

India's copper demand rose by 9.3% to 1,878 kilo tonnes in FY25: Report

The International Copper Association India (ICA India) released its copper demand report for FY2025. The country's copper demand was 1,718 kilo tonne in FY24

ISMA seeks higher ethanol quota, warns on sugarcane farmer payments

The allocation falls short despite the sugar sector investing more than ₹40,000 crore to build ethanol capacity exceeding 900 crore litres, ISMA said

Game developers to meet in Chennai for 17th IGDC meet in November

The 17th edition of IGDC will mark its Chennai debut from November 5-7, spotlighting India's growing $3.1-bn gaming industry and emerging regional ecosystems

BPCL buys crude from every place including Russia based on viability: CMD

A senior official of the Department of Petroleum and Natural Gas replying to a query on the crude imports from Russia said those decisions are not taken at country level but at company level

UK's BII set to invest $75 million for Blueleaf Energy's India plans

The investment will be made in Blueleaf's utility-scale solar, wind, and energy storage projects in India, and is expected to generate more than 3.2 gigawatt-hours (GWh) of clean energy annually

India exploring energy transition ties with Singapore, Southeast Asia

India could export renewable power -- generated from solar, wind, hydro, and pumped storage projects -- to Singapore and the wider region, Chairman of the Central Electricity Authority said

Industrial output growth moderates to 3-month low of 4% in September

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

India must work with China on EV tech for 5-10 years: Uno Minda chair

Since April this year, China has restricted the export of rare-earth permanent magnets (REPMs) to India, hitting production in the domestic automobile industry

Relief for Vodafone Idea may trigger govt equity dilution, say brokerages

Analysts expect AGR relief for Vodafone Idea soon, paving way for equity raising and government stake dilution while easing the telco's debt and funding constraints

Trai aligns with DoT on CNAP, makes caller ID service default with opt-out

Trai's backing clears path for nationwide CNAP rollout; feature to display caller names by default on 4G, 5G phones with opt-out option for users

India's data centre capacity to double by 2027, rise 5x by 2030: Macquarie

India's data centre pipeline to expand on AI infrastructure, data localisation, and cloud adoption, with $45 bn investment potential by 2030, says Macquarie

GitHub projects India to have over 57.5 million developers by 2030

India set to overtake the US as the world's largest developer base within five years, driven by AI adoption and rapid open source contribution growth

India's pharma, healthcare deals surge 166% to $3.5 bn in Q3: Report

Grant Thornton Bharat says India's pharma and healthcare sectors saw renewed investor confidence, driven by consolidation across pharma, biotech, and hospital segments

Govt developing ports as hubs for green hydrogen export, says Sonowal

Minister Sarbananda Sonowal says ports will anchor India's green hydrogen drive as MoUs worth over Rs 87,000 crore boost maritime and port-led energy investments

Andaman discovery holds potential to change India's oil and gas landscape

The catch is that this is still a find of hydrocarbon presence; whether the basin will actually yield natural gas is still unknown, and even it does, it could take a decade for commercialisation

Industry body urges 15% duty on aluminium to curb rising cheap imports

The Aluminium Association of India has warned that unchecked imports could meet over half of India's aluminium demand by FY26, threatening domestic producers

India is betting big on shipbuilding to anchor its maritime power push

Once a neglected sector, India's maritime industry is now at the heart of a Rs 70,000 crore plan to build ships, create jobs, and position the country among the world's top shipbuilders by 2047