Page 117 - Industry News

India's nuclear power push to 100 GW by 2047 hinges on reforms, funding

A government panel says India needs Rs 19 trillion investment, policy clarity, and private participation to reach its 2047 target of 100 GW nuclear capacity

GST reforms may flood India with paper imports, warns industry body IPMA

Indian Paper Manufacturers Association (IPMA) President Pawan Agarwal, in a statement, said that with the recent GST changes, India risks becoming a further dumping ground for cheaper paper

Industrial, warehousing space leasing hits record high 37 mn sq ft: Report

Mumbai and Kolkata registered space take-up of 4.2 million sq ft and 3.8 million sq ft, respectively

Diwali 2025 sales hit a record ₹6.05 trn, Indian goods see 25% rise: Cait

Among various sectors, fast-moving consumer goods (FMCG) accounted for the largest share of total sales at 12 per cent, followed by gold & jewellery at 10 per cent, electronics at 8 per cent

India's coal imports drops 0.6% to 20.58 MT in August, coking coal rises

During April-August FY26, non-coking coal import was at 72.17 MT, lower than 78.68 MT imported during the same period last fiscal

Australia lifts ban on imports of unpeeled Indian prawn: Nara Lokesh

Australia has granted its first import approval for unpeeled Indian prawns, ending a years-long restriction and giving a major boost to India's seafood export sector

US trans-shipment tariff to create compliance issues for firms: Moody's

Moody's, in its 'Trade Asia-Pacific' report, said it remains unclear how the Trump administration defines trans-shipment, but the measures appear to target products originating in China

RIL buys West Asian crude amid Western pressure against Russian flows

While Reliance's typical diet does include crude from the region, the recent spurt of buying was more active than usual

Amazon's AWS cloud service restored after global outage disrupts businesses

AWS hosts applications and computer processes for companies around the world, and the disruption knocked workers from London to Tokyo offline and halted others from conducting normal everyday tasks

Hiring lags investment as firms boost capex on automation, machinery

The 10 sectors in terms of factory employment showed a median 12.6 per cent increase in fixed capital, which includes plant and machinery, land and other long-term assets after depreciation

Realty developers see a cracker of sales in key cities this festival season

Festive cheer sustains housing market momentum amid broader headwinds

IMO's net-zero framework: Industry at sea over carbon-levy decision

UN maritime body defers vote on key carbon levy till 2026, leaving global shipping industry uncertain on decarbonisation timelines and investment clarity

Revolut India bets big on prepaid Visa cards, targets $7 bn in transactions

Revolut India is rolling out prepaid cards on the Visa network, and is planning to add 20 million customers in the next five years in the country

India rapidly emerging as global hub for services exports, says NSE

The National Stock Exchange (NSE) highlights robust growth in the services sector, structural reforms, and demographic advantages driving the country's economic transformation

UK businesses accelerate India expansion plans post-FTA: Report

According to Grant Thornton's latest International Business Report' (IBR) analysis from last week, 72 per cent of UK firms now identify India as a key market for international growth

Hyderabad, Bengaluru, Chennai see 47% rise in housing sales: PropTiger

India's top-eight primary housing markets (first-sale) saw a 1 per cent decline in sales during July-September, mainly due to lower demand in Mumbai, Pune, and Delhi-NCR

Satellite internet players face higher fees as DoT proposes 5% AGR charge

Trai's extra ₹500 per urban subscriber plan rejected; DoT opts for 5 per cent adjusted gross revenue (AGR) fee for satellites, citing difficulty in monitoring rural-urban distinctions

US, India likely to drive new copper demand as China's growth slows

Changing regional policies, infrastructure cycles and geopolitical shifts are likely to mean producers, consumers, traders and investors need to adapt to a market that has many different drivers

Festive cheer lights up growth prospects for lesser-known D2C startups

Festive season 2025 boosts visibility and sales for homegrown D2C brands, with creative strategies driving 10-100% growth across startups and small businesses

iPhone fever spills into India's second-hand market: Counterpoint Research

Refurbished iPhone sales in India surged 19 per cent year-on-year in H1CY25, driven by consumer appetite for premium models such as the iPhone 13 and iPhone 14 series