Page 17 - Industry News

Shrimp farming can be an answer to growing soil salinity in North India

The reports said that in India, out of a total 6.74 million hectares of salinity-affected subsoils (SAS), 1.2 million hectares (around 18%) are in north-western India alone

Nagaraju highlights IFSCA role in making India a global reinsurance hub

India at cusp of transformative growth in reinsurance sector, says Nagaraju

Time to cut litigation, review excessive regulation in power sector: Secy

Power secretary calls for cutting litigation and reviewing excessive regulation as India pushes ahead with power sector reforms and regulated competition

Over ₹52,300 crore MSME loans sanctioned by PSBs under digital credit model

The Public Sector Banks (PSBs) had launched the Credit Assessment Model (CAM) based on digital footprints for Micro, Small & Medium Enterprises (MSMEs) in 2025

Delhi govt plans to upskill 120K registered construction workers

The training partners will provide employment-relevant training aligned with recognised standards to equip the workers with practical skills for better job opportunities

Budget 2026-27: Fertiliser industry seeks duty cuts, subsidy reforms

The FAI has demanded exemption or reduction of basic customs duty on inputs such as ammonia, phosphoric acid, sulphuric acid, rock phosphate and sulphur

Himachal govt to invite ₹100 crore bids for direct medicine purchase

The chief minister directed the officials to maintain strict quality standards for medicines provided at government facilities

Centre allows export of 500K tonnes of wheat flour, partially lifts ban

Applicants who can seek permission include flour mills/processing units having a valid IEC and FSSAI licence for making wheat flour and related products functioning as manufacturer exporters

SC's ruling against Tiger Global clouds outlook for India's buyout sector

The decision has major implications for private equity funds that have set up shell entities in the offshore haven to channel investments into India, according to lawyers

Nalco explores entry into rare earth mining amid critical minerals push

Nalco's Chairman-cum-Managing Director (CMD) said the bid advisor will assess mine viability, optimal acquisition premiums and participation in upcoming auctions

Q3FY26 preview: Strong domestic sales to lift revenues for pharma firms

Strong domestic sales are expected to lift Q3FY26 pharma revenues by 8-11%, while US generic Revlimid impacts weigh on margins. Hospitals and diagnostics outperform, with 20-22% revenue growth

Q3 Preview: Strong domestic sales set to lift pharma revenues by up to 11%

Strong domestic demand is set to lift pharma revenues by up to 11% in Q3FY26, though pressure from generic Revlimid in the US may limit profit growth

India's Russian crude oil buys may average 1.2 mbpd amid sanctions: Kpler

India is diversifying its crude slate by stepping up purchases from traditional suppliers such as Iraq and Saudi Arabia

New Labour Codes push up operating costs for private banks, insurers

Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour Codes notified by the Centre in November 2025

Steel prices rise as safeguard duty, rising exports push rates up

Steel prices are moving up as mills hike HRC rates, aided by safeguard duty, higher exports and rising input costs, even as analysts remain cautious on how long the uptrend will hold

Proptech firms see sustained investor interest amid deeper adoption

India's proptech sector is scaling fast as startups shift to profitable, tech-led models, drawing investor interest and reshaping how real estate is bought, built and managed

Power discoms recorded ₹2,701 crore profit in FY25, says Ministry

India's power distribution companies reported a consolidated profit in FY25 after years of losses, driven by lower AT&C losses, tariff reforms and improved payment discipline

Labour Ministry sees highest filing of grievances in 2025, shows data

The Labour Ministry accounted for the highest share of grievances filed with the Centre in 2025 till November, driven mainly by EPFO-related complaints, according to DARPG data

Industry confidence hits five-quarter high in Oct-Dec period: CII survey

Industry confidence rose to a five-quarter high in the December quarter of FY26, supported by steady domestic demand

Government and NPCI's Role Key to Global UPI Growth, Says Pay10 Founder

To expand UPI globally, the government and NPCI must create stronger merchant use cases and ensure faster settlement cycles, especially for small overseas businesses, Pay10 founder said