Page 165 - Industry News

FMCG firms plan to offer more grammage for same price after GST reforms

FMCG players plan to cut prices of large packs and raise grammage in smaller packs as soaps, noodles, coffee, ghee and ice cream get cheaper under new GST rates

Diwali shopping cart reimagined with GST relief on sweets, ACs and SUVs

GST 2.0: From mithai and jewellery to cars and consumer durables, here's what changes for Diwali buyers

Indian coal prices to drop after tax changes, boosting local demand

That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal pricesZ

Garments above ₹2.5K to be costlier, will hurt affordability: Industry

While GST on footwear of sale value not exceeding Rs 2,500 per pair has been cut to 5 per cent from 12 per cent, for those exceeding Rs 2,500 per pair has been maintained at 18 per cent

A minor can't be treated as 'non-earning': SC on road accident compensation

The SC bench increased an accident victim's compensation from ₹8,65,000 to ₹35,90,489, observing that it should be calculated considering the minimum wage of a skilled worker

Cheaper cement, lower costs: GST cuts could revive affordable housing

GST Council has cut cement tax to 18% and reduced rates on key building materials, easing costs for developers and homebuyers. Experts say the move could revive affordable housing, fuel jobs

IEX electricity trade rises nearly 19% to 11,803 million units in Aug

A total of 21.68 lakh Renewable Energy Certificates (RECs) were traded during the month, an IEX (Indian Energy Exchange) statement said

TVs, ACs, dishwashers GST cut may brighten Diwali for consumer electronics

GST Council has reduced rates on TVs, ACs and dishwashers to 18% from 28% which may boost consumer demand ahead of Diwali

Thaw in India-China relations set to boost foreign tourist arrivals

Direct flights resumption, tourists visas to provide tailwinds for Indian travel and tourism sector

Maharashtra IGR launches e-registration system for property agreements

The Inspector General of Registration in Maharashtra has launched online e-registration of property agreements, with Hiranandani Fortune City becoming the first project to adopt it

FMCG sector set to gain as soaps, noodles, shampoo shift to 5% GST slab

The GST Council has moved several FMCG items to the 5% slab and exempted breads, paneer and milk, a move expected to lower prices, spur consumption and aid festive demand

Diwali travel costs spike as airfares rise 52% on weak rupee, capacity cut

Airfares for Diwali week 2025 are up to 52 per cent higher year-on-year, with rupee weakness raising costs and aircraft shortages cutting flight capacity across routes

New-age reality check: NSO set to reboot industrial activity codes

MoSPI drafts NIC-2025 to classify emerging activities from ashwagandha farming to drone toys and digital tutoring, aligning with UN ISIC standards

India's office market speeds up institutionalisation with more Reits ahead

India's office real estate is shifting from fragmented ownership to institutionalisation with rising Reit penetration, global investors, and growing demand from multinational occupiers

Unincorporated sector employment down 2% in Q1FY26 on seasonal trend

The number of workers across rural and urban unincorporated enterprises fell to 128.6 million in April-June 2025 from an all-time high of 131.3 million in January-March 2025

Centre to introduce ₹2000 crore insurance support for shipbuilders

The ₹20,000 crore shipbuilding cluster programme aims to enable a shipbuilding ecosystem in India by fiscal and policy support measures

Stalin's UK visit: TN bags investments in defence, renewable, textile

Tamil Nadu inks UK MoUs across aerospace, maritime, renewable energy, textiles, and education, boosting global investment and job creation

Ethical marketing code: Cost of compliance may rise for drug, device firms

UCPMPD 2024 boosts transparency and ethics, but smaller firms may struggle with higher costs and reporting demands

Odisha signs MoUs worth ₹2,655 crore at SEMICON India 2025 Conclave

The state government signed the MoUs with big names in the industry at the SEMICON India 2025 Conclave in New Delhi

Cabinet clears ₹1,500 cr scheme to promote critical mineral recycling

The Union Cabinet has approved a Rs 1,500 crore scheme under the National Critical Mineral Mission to promote recycling of e-waste and batteries for mineral recovery