Page 151 - Industry News
Festive demand strong, but overall growth seen muted this year: Cleartrip
Spiritual destinations are seeing a large uptake driven by Millennials and Gen Z, who are driving the entire leisure uptake
 "Festive demand strong, but overall growth seen muted this year: Cleartrip")
India has not significantly advanced its CBAM preparedness, says GTRI
Indian exporters of steel and aluminum are staring at a fresh cost shock as the European Union (EU) begins collecting its Carbon Border Adjustment Mechanism (CBAM) levy from January 1, 2026
 "India has not significantly advanced its CBAM preparedness, says GTRI")
GST rate cut will make medicines more affordable, accessible: IPA secy
With GST removed from 36 medicines and capped at 5 per cent on most others, IPA Secretary General Sudarshan Jain described the step as a boost for self-reliance and the healthcare ecosystem
 "GST rate cut will make medicines more affordable, accessible: IPA secy")
Question over H-1B fee sees techies, students scrambling for answers
For Arun Kumar (name changed), a techie from south Tamil Nadu, the past 30 hours have been a whirlwind of stress and frantic search for a flight ticket to the US
 "Question over H-1B fee sees techies, students scrambling for answers")
Mom-and-pop stores play the MRP waiting game as new GST rates kick in
ecommerce companies complete technical preparations for the simplified GST structure
 "Mom-and-pop stores play the MRP waiting game as new GST rates kick in")
Govt plans to bring in mechanism to curb irrational bidding by companies
It has been observed that such behaviour either distorts the bidding process and its price discovery function or lead to project delays when non-serious players bag contracts
 "Govt plans to bring in mechanism to curb irrational bidding by companies")
Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit
New US visa fee piles pressure on Indian IT firms, threatening margins and accelerating shift to GCCs, automation, and local hiring
 "Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit")
Warehousing companies torn between rising demand and flat rentals
Despite strong demand from e-commerce and 3PLs, rising land and construction costs are squeezing margins, pushing developers to seek private equity, Reits, and InvITs
 "Warehousing companies torn between rising demand and flat rentals")
Tiruppur weaves a new synthetic future, eyes ₹25,000 cr exports by 2030
The textile hub embraces man-made fibres, aiming for ₹25,000 crore worth of exports by 2030, even as it struggles with ecosystem gaps and fierce competition. Shine Jacob's ground report
 "Tiruppur weaves a new synthetic future, eyes ₹25,000 cr exports by 2030")
Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle
E-commerce giants mobilise round-the-clock operations with food, entertainment as India's shopping season is projected to grow 27 per cent
 "Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle")
H-1B fee hike a wake-up call for GCCs to move up the value chain
Experts say the US visa fee hike will push firms to expand global capability centres in India, but warn GCCs must move beyond delivery roles to create greater value
 "H-1B fee hike a wake-up call for GCCs to move up the value chain")
Explained: Impact of H-1B crackdown, role of other visa categories
Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and onsite project costs
 "Explained: Impact of H-1B crackdown, role of other visa categories")
Private companies must invest in India's growth journey, says EAC-PM
A recent article by the Reserve Bank of India (RBI) noted that private sector capital investment is expected to grow by 21.5 per cent to ₹2.67 trillion in 2025-26
 "Private companies must invest in India's growth journey, says EAC-PM")
Tamil Nadu inks ₹30,000 cr shipyard projects to create 55,000 jobs
Tamil Nadu signs MoUs with Cochin Shipyard and Mazagon Dock for Rs 30,000 crore projects in Thoothukudi, boosting shipbuilding, job creation and industrial revival in the south
 "Tamil Nadu inks ₹30,000 cr shipyard projects to create 55,000 jobs")
Govt maps 12,167 HSN codes to ministries to boost ease of doing business
In trade parlance, every product is categorised under an HSN (Harmonised System of Nomenclature) Code. It helps in systematic classification of goods across the globe
 "Govt maps 12,167 HSN codes to ministries to boost ease of doing business")
Human oversight still crucial in AI-driven recruitment, says report
The Genius HRTech report is based on inputs from 1,887 professionals across industries during August this year
 "Human oversight still crucial in AI-driven recruitment, says report")
Indian mining firms eye opportunities as South Africa eases regulations
Recent privatisation programme by the South African government has boosted confidence in the mining sector
 "Indian mining firms eye opportunities as South Africa eases regulations")
Healthcare set to be more affordable as new GST rate kicks in from Sept 22
The GST Council has rationalised tax slabs on health and life insurance premiums, glucometers, and corrective spectacles
 "Healthcare set to be more affordable as new GST rate kicks in from Sept 22")
Top 9 Indian cities see 4% dip in housing sales in Q3 2025: Report
Housing sales in India's top nine cities fell 4% Y-o-Y in Q3 2025 to 1,00,370 units, while new launches stayed flat at 92,229 units, says PropEquity report
 "Top 9 Indian cities see 4% dip in housing sales in Q3 2025: Report")
India's online home services market to grow 22% to ₹88 bn by FY30: Report
Following the widespread adoption of quick commerce, 'Instant Home Services' is emerging as the next frontier in India's digital economy
 "India's online home services market to grow 22% to ₹88 bn by FY30: Report")