Page 113 - Industry News

Steel prices hit 5 yr low; weak trend may persist in near term: BigMint

India's steel exports have fallen sharply, pressured by aggressive export pushes from countries like China, while imports are still active, despite several measures introduced by the government

Rooftop solar scheme is still charging up almost 2 years after launch

Gujarat and Kerala shine bright but other states trail in PM Surya Ghar Yojana

Centre likely to ease advertising rules to help CAs, their firms to grow

The proposed amendment aims to enable the emergence of large domestic firms capable of competing with global players and capturing a share of the $240-bn international auditing and consultancy market

EU sanctions 45 entities, including 3 India-based firms, over Russia links

The EU slapped the punitive actions against the firms as part of its 19th package of sanctions which are part of efforts to put economic pressure on Russia for its invasion of Ukraine

Govt not asking creators to restrict AI content, but to label it: Meity

The proposed amendments to IT rules provide a clear legal basis for labelling, traceability, and accountability related to synthetically-generated information

US sanctions on Russian oil majors may hurt Reliance Industries, Nayara

Rosneft, Lukoil major suppliers to India; crude import bill may rise by over ₹23K cr

India's B2C ecom startups raise $1.3 bn in 2025 so far, Bengaluru leads

A new report shows rapid growth in India's B2C e-commerce space, though investment continues to cluster in urban hubs.

Luxe breathes easy: Clean air homes are in demand amid rising air pollution

Premiums rise as AQI-assured homes attract eco-conscious buyers

Ethanol makers slam OMCs' 2025-26 supply tender over allocation policy

While the Grain Ethanol Manufacturers Association (Gema), in a statement issued on Thursday

Cough syrup deaths: CDSCO launches digital tracker for high-risk solvents

All the state and Union Territory drug controllers have been told to ensure that manufacturers of pharmaceutical-grade solvents

SOPA urges govt to block GM soybean meal imports to protect farmers

India has built a strong reputation as a supplier of high-quality non-GMO soybean products

Lilly and Cipla to market tirzepatide in India under new brand Yurpeak

The Lilly-Cipla collaboration brings a second brand of tirzepatide, Yurpeak, to India, aiming to widen patient access for diabetes and obesity care across urban and semi-urban markets

Rajasthan to make 8 mines operational this year, fast-tracks clearances

Rajasthan targets 8 new mines in 2025, aiming to boost revenue to ₹12,980 crore, create jobs, and attract investment with fast-track clearances.

Digital payments made up 99.7% of transaction volume in 2024: RBI report

The payments ecosystem in India has witnessed remarkable growth in recent years, said the RBI's half-yearly Payment System Report, June 2025

US sanctions on Russian oil to hit Reliance; PSUs may keep buying

Reliance had in December 2024 signed a term deal with Russia's Rosneft - now sanctioned - to import as much as 500,000 barrels per day of Russian oil for 25 years

Chennai emerges as most confident real estate market: Magicbricks report

Chennai leads the Housing Sentiment Index JAS 2025 by Magicbricks, driven by stable pricing, steady demand, improved connectivity, and strong end-user participation

Indian leather exports to fall 10-12% in FY26 amid high US tariff: Crisil

The leather and allied products industry is estimated to have logged a revenue of about Rs 56,000 crore in fiscal 2025, and exports accounted for about 70 per cent of the revenue pie

Capital raised by Indian real estate highest in past 7 yrs: Equirus Capital

India's real estate sector raised Rs 23,080 crore in FY25, led by REITs and large developers, with fresh IPOs and capital infusions signalling investor confidence in property assets

Over 350 distilleries face ethanol allocation uncertainty: Industry body

According to the tender document, zones where offers from local distilleries fall short of requirements are classified as deficit zones, with all local offers considered full for allocations

US tariffs may dent Indian leather industry revenue by up to 12%: Crisil

The 50 per cent tariffs imposed by the US on India have led to order cancellations and factory shutdowns in the leather sector, particularly affecting small tanneries