Page 169 - Industry News

Low VC funding, regulatory hurdles challenges to biotech growth: BIRAC MD

India targets a $300 billion bioeconomy by 2030, up from $165 billion in 2024.

Fintech firms eye investments in 'switching' as UPI's scale picks up

These investments in critical technology stacks enable fintechs to process transactions faster, with higher success rates, while handling large volumes with greater stability

Kerala draws road map for integrated AI township; eyes ₹25K cr investment

Kerala has launched plans for an Integrated AI Township at Infopark Phase 3 in Kochi, targeting Rs 25,000 crore investment and two lakh direct jobs under a land-pooling model

Mumbai property registrations rise 29% in September, hit 7-year high

Mumbai property registrations rose 29 per cent in September to 11,744 units, generating Rs 1,256 crore in revenues as festive demand, premium launches and buyer momentum drove growth

India's blue- and grey-collar salaries rise 23% over two years: Report

The overall salaries have grown by 23 per cent in just two years, reflecting the rising demand and opportunities for India's blue and grey-collar workforce, WorkIndia's Salary Report 2025 stated

Ecom platforms on government radar for compliance with GST rate cuts

Authorities are monitoring whether these platforms are complying with pricing norms and not withholding the intended consumer benefits from tax reductions

Private coal power producers urge easing curbs on Chinese equipment

In 2021, India's Ministry of Power mandated the use of homemade equipment under its "Make in India" initiative, which sought to bolster local manufacturing

40% of Indian clinicians use AI, adoption triples since last year: Report

The country's rate of AI adoption may, however, lags behind that of China (71 per cent) and the Asia Pacific region (56 per cent), according to the report

India adds record 20.1 GW renewable capacity in Apr-Aug, 123% jump YoY

India added 20.1 GW renewable capacity in April-August FY26, a 123 per cent rise from last year, with ICRA projecting over 35 GW additions this fiscal supported by strong demand

Dutch govt pledges €2 bn backing for Tata Steel's green transition plan

Tata Steel Nederland signs non-binding pact with Dutch govt for up to €2 bn to cut emissions at IJmuiden, with plans for direct reduction and electric arc furnace transition

NCLAT order on insolvency fraud may cloud IBC interpretation: Experts

Experts say NCLAT's order allowing recall of resolution plans if fraud is detected could weaken bidder confidence and blur clarity on the Insolvency and Bankruptcy Code

British lender NatWest likely to hire in India for language model team

British bank to grow AI, biometrics, and financial crime research teams in India

IIP growth slows to 4% in August as manufacturing output weakens

India's industrial output grew 4% in August 2025, down from 4.3% in July, as manufacturing slowed even as infrastructure goods and mining provided partial support

Festival sales: Quick-commerce leads with over 85% order volume growth

Unicommerce analysis shows quick commerce outpacing e-commerce in festive week order volumes, led by FMCG, beauty, wellness, electronics and strong Tier-II, Tier-III city demand

India chases the perfect mini-break this Dussehra as travel demand rises

Leisure hotspots and short-haul SE Asia see surge in demand as hotel tariffs and airfares climb 15-30%

Datanomics: India doubles its share in prescription drugs to the US

The Indian pharma stocks tanked after the announcement due to the ambiguity surrounding the impact of tariff on complex generics and specialty medicines supplied by the Indian pharma companies

UP Rera imposes fines, orders punitive action on multiple developers

In its latest hearing, the UPRERA bench reiterated that violations of the Real Estate (Regulation and Development) Act "would not be tolerated"

US President Donald Trump announces 100% levies on foreign-made films

US tariffs may script huge setback for Indian films; industry's revenue from US may take 30-40% hit

Tariff hikes, lower costs to cut discom losses to ₹8,000-10,000 crore

CRISIL Ratings expects operating losses of state-owned power discoms to drop to Rs 8,000-10,000 crore in FY25, helped by tariff hikes, lower purchase costs and improved efficiency

Tesla India begins Model Y deliveries, offers free home charging setup

Tesla India on Monday said it has commenced deliveries of Model Y after introducing the model in July this year.