Page 163 - Industry News

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy

India's nationwide rollout of E20 ethanol fuel sparks confusion, panic

E20 is petrol blended with 20 per cent ethanol, an alcohol mainly produced from sugarcane and grains such as maize and rice

US, UAE boost oil flows to India amid Trump's tariff pressure on Russia

India has leaned on the US and UAE to boost spot purchases of crude oil this year to cover immediate needs and navigate geopolitical tensions

Trump supporters' bid to block IT outsourcing puts jobs, growth at risk

Trump's possible move to block US companies from outsourcing IT work to India threatens a $282 bn industry, risking jobs, exports, and tech delivery models

Urban households choosing ecommerce for festive buying may increase 115%

The report noted that with the government rolling out GST reforms that have lowered prices of white goods and consumer electronics

No GST cut for detergents, cosmetics surprises FMCG firms: Analysts

The all-powerful GST Council last week decided to reduce taxes on most of the common-use goods as part of the government's measure to boost consumer spending

UP to launch world's first ceramic waste park in Khurja this month

As per a press statement, the project is a significant part of the Yogi government's efforts to globally promote traditional industries and products, following the success of the ODOP

Steel industry eyes AI to enhance value chain, green transition finance

ISA President Naveen Jindal said, We are working towards a resilient, future-ready steel sector that strengthens India's position globally while addressing sustainability imperatives

CBIC to address industry complaints of non-reduction in prices: Chairman

CBIC chief said the industry has, in the past, also reduced prices of goods as and when the GST Council has taken a decision to reduce taxes

Retail space demand in Delhi-NCR jumps 25% in Jan-Jun 2025, shows CBRE data

Real estate consultant CBRE data shows that the Delhi-NCR market saw leasing of 5 lakh sq ft retail spaces in January-June as compared to 4 lakh sq ft in the year-ago period

Rajasthan allots land to RVUNL for solar parks in Jaisalmer, Bikaner

Under this landmark initiative, land allocation has been approved in Jaisalmer for various solar parks with a combined capacity of 26,400 megawatts (MW), a statement said on Saturday

Govt plans ₹5,000 cr mission to boost green steel, cut industry emissions

The Centre is preparing a ₹5,000 crore mission to help steelmakers adopt clean technologies, focusing on secondary producers while pushing green steel demand and procurement

Industry body hails agri input GST cuts, seeks similar relief for seeds

The move to cut GST on fertiliser raw materials, bio-pesticides, micronutrients and farm machinery will substantially lower input costs and create economic momentum, the industry body said

India faces research funding gap in tea sector, says industry body

TRA said that it has developed climate resilient clones, advancements in pest management, IoT-based monitoring and product diversification like speciality teas

Centre may introduce Bill in winter session to replace tobacco GST cess

New levy could follow full repayment of GST compensation loans, keeping overall tax incidence on tobacco products high

Trump may block US IT outsourcing to India, warns Laura Loomer on jobs

Laura Loomer says US President Trump is considering stopping IT work from being outsourced to India; she adds this could bring call centre jobs back to the US

Max Estates buys 7.5-acre Gurugram land to build project worth ₹3,000 crore

Base Buildwell is a special purpose vehicle holding licence and development rights over the 7.25-acre land parcel located at Sector 59, Golf Course Extension Road in Gurugram

Chasing the semicon dream: Trip to Taiwan to woo chip foundries

Semiconductors are vital for modern electronics ranging from computers to smartphones and solar panels to medical equipment

If OEMs pass on benefits, freight costs may go down: Transporters

According to Singal and several other truck operators, the road logistics sector is so competitive that passing on benefits is really quick

One Reit may enter market annually for next 3-5 years, says IRA chief

The Indian REIT sector is poised for expansion with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence