Page 133 - Industry News

Reliance stops import of Russian crude oil into Jamnagar's SEZ refinery

India's Russian oil loadings at 3-yr low in Nov as refiners grow wary of US sanctions

Major secy-level rejig, Neeraj Mittal shifted to petroleum ministry

The Appointments Committee has cleared a major bureaucratic reshuffle, naming Neeraj Mittal as petroleum secretary and Amit Agrawal as telecom secretary, with other key changes across ministries

Karnataka government bets big on AI with ₹400 crore push at tech summit

Government teams with venture investors to back deeptech startups as Bengaluru seeks to fortify its position as India's premier innovation hub

CAG urges Centre, states to follow uniform system for recording expenses

The CAG advisory seeks to do away with the wide variation among states in the operation of expenditure heads at the disaggregated level

Govt to launch first retail investments in NHs under Invit in February

Plans to add 1,500 kilometres of national highways to Public InvIT over next 3-5 years

India's listed REITs distribute ₹2,331 cr in Q2 as AUM rises to ₹2.35 trn

India's five publicly listed REITs paid over ₹2,331 crore to 3.3 lakh unitholders in Q2 FY26, with distributions rising 19% year-on-year excluding KRT

Will give data to restaurants with user consent: Food delivery firms

Zomato, Swiggy and other delivery firms say customer phone numbers will be shared with restaurants only after clear opt-in consent

Rising demand for GLP-1 weight-loss drugs reshaping diagnostics market

As GLP-1-based weight-loss and diabetes therapies gain popularity, India's diagnostics market is seeing a sharp rise in metabolic testing

The tough race for critical minerals continues despite viability fears

While the auction of mines has attracted high bids, just how many of these mines will actually be commercially viable remains to be seen

Elderly may account for 25% of India's pharma market in 2-3 decades

Seniors are 10% of India, but already 17% of its pharma market

Value retailers see single-digit growth on Black Friday, Singles Day sales

Offer higher and fresh inventory on discounts

Top cement companies post strong Q2 on better realisations, volumes

Low base, premium mix and new capacity supported gains

FSSAI orders removal of all drinks using 'ORS' label, cites health concerns

The regulator has told officers to pull misleading ORS-labelled beverages from retail and online platforms, stressing that only WHO-compliant ORS drugs can use the term

Budget 2026: Tourism & hospitality sector reiterate demand for infra status

Simplified visa process, increased marketing spend to boost FTAs

Apple hits record 10.4% India market share as iPhone shipments surge in Q3

Apple has touched a record 10.4% market share in India in Q3 2025, fuelled by 5 million iPhone shipments and strong demand for premium models, even as the broader smartphone market faces a slowdown

IBBI proposes uniform, detailed formats for valuation of assets under IBC

IBBI proposes uniform valuation norms, broader fair value definition and single-valuer option for smaller debtors to cut disputes, streamline IBC processes and maximise creditor recoveries

80% of Indians with disabilities lack health insurance, warns NCPEDP

A new NCPEDP white paper reveals that most persons with disabilities in India remain uninsured, face high rejection rates and encounter discriminatory practices across public and private schemes

Govt eases steel imports, launches SARAL SIMS and extends key exemptions

The Steel Ministry has eased import procedures by removing NOC requirements for non-QCO grades, extending multiple exemptions to March 2026 and launching SARAL SIMS to simplify registration for MSMEs

FIMI pushes for 15% aluminium duty, flags import surge, poor-quality scrap

FIMI has urged the Finance Ministry to raise the basic customs duty on aluminium products to 15 per cent, citing rising imports, poor-quality scrap inflows and the pressure

India to have over 1 bn 5G connections by 2031: Ericsson Mobility report

India will cross 1 billion 5G subscriptions by 2031 as affordable devices, expanding networks and soaring data usage fuel rapid adoption, says the latest Ericsson Mobility Report