Page 13 - Industry News

CDSCO modifies norms for testing permissions to speed up drug approvals

The circular further stated that this move would shift the focus to faster movement of files while retaining technical scrutiny for later stages

Indian MSME drugmakers likely to focus on Brazil as next growth market

India-Brazil pharma meet highlights Brazil's growing role as a priority market for Indian MSME drugmakers, driven by rising exports, regulatory engagement and demand for specialty medicines

11,790 MHz telecom spectrum available for auction valued at ₹2.1 trn

Sources further said that overall, the spectrum is 19 per cent cheaper than prices recommended in 2022

Listed pvt non-financial firms see first double-digit sales growth in 3 yrs

RBI data shows listed private non-financial firms posted 10.1% growth in Q3FY26 - their first double-digit rise in nearly 3 yrs - driven by a rebound in manufacturing and stronger sectoral performance

Govt to roll out 3-month compliance relief scheme for firms from Apr 15

The scheme, which will be operational from April 15 to July 15, comes after representations from various stakeholders seeking more time for making the filings

India sustains 7-7.5% growth; Bengal should go maritime: EAC's Sanyal

Sanyal also said that West Bengal should reposition itself as a maritime state and consider setting up a large port

India sugar output estimate for FY26 cut 5.57% on weak yields in top states

The third advance estimate, released after an executive committee meeting, follows a second projection of 34.35 million tonnes. Output last year was 29.62 million tonnes

CAFE-III proposal sent to PMO after talks with stakeholders: Kumaraswamy

On differences among auto industry stakeholders on the CAFE-III norms, Kumarswamy told reporters, "We already had a meeting with stakeholders and power ministry."

Centre mandates sale of E20 petrol with minimum RON 95 from April 1

The central government can allow exceptions in special situations, for specific regions and for a limited time

No extension on SIM-binding norms, says Telecom Minister Scindia

Telecom Minister Jyotiraditya Scindia says SIM-binding rules for OTT apps will not be extended, citing national security concerns; satellite spectrum pricing decision awaited

Soil health, markets key to agricultural growth: Experts at BS Manthan

Experts at BS Manthan say India can become a global food hub, but must fix soil health, reform fertiliser subsidies and ensure farm growth is more balanced across crops and states

India's auto, renewable sector support compliant with WTO norms: Official

The official said India regrets China's decision to set up a WTO panel despite detailed explanations and good-faith bilateral consultations

Big tech, AI expansion raise competition risks: CCI chief at BS Manthan

Speaking at BS Manthan, CCI Chairperson Ravneet Kaur said while AI offers significant advantages, it also poses risks such as targeted price discrimination

India set to launch its first comprehensive carbon-trading programme

India readies first compliance carbon market, with 490 units notified; steel and fertiliser yet to get targets as CBAM pressure mounts

To trade coders for AI 'Legos', India needs a smarter long-term deal

As India pivots from software services to AI token "factories" with tax breaks for global firms, questions arise over jobs, skills and the future of its $200 billion IT export engine

Norms on investments from China can be eased in calibrated way: Goyal

Piyush Goyal says China-origin FDI is not banned and approvals will be sped up, as India considers a calibrated relaxation of Press Note 3 norms while advancing a broad FTA agenda

AI, trust and faster innovation bets to shape India's pharma future by 2047

At the IPA summit, pharma leaders said India's 2047 ambitions depend on embedding AI, strengthening trust and accelerating innovation, as speed and quality become the sector's defining advantages

India's IT services industry set to touch $315 billion revenue in FY26

Industry headcount rise is the lowest, reflecting non-linear growth

Trai seeks FY27 spectrum auctions, urges DoT to reclaim airwaves under IBC

Trai has recommended FY27 spectrum auctions with lower reserve prices, a 35% spectrum cap, incentives for coverage deployment and retrieval of airwaves from firms under insolvency

AI transition will be painful; IT industry to reinvent: HCLTech CEO

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation