Page 176 - Industry News

Gem, jewellery exports rise 15.98% to $2.17 billion in July: GJEPC

Overall gem and jewellery exports stood at USD 1,878.09 million (Rs 15,700 crore) in the corresponding month of 2024, according to data shared by GJEPC

IBC Bill proposed wider look-back period for preferential transactions

Amendments target asset exclusion tactics, enable partial resolutions, and streamline insolvency process

Asci asks media companies to label paid posts shared on social media

The self-regulatory organisation (SRO) for the advertising industry has expressed growing concerns about promotions being perceived as editorial content

IBBI urges CoCs to scrutinise information memorandums of insolvent firms

The regulator has also sought audit extracts from creditors to help resolution professionals prepare complete and reliable IMs for corporate insolvency cases

Independence Day long weekend: Hotel occupancy, room rates set to surge

Top trending domestic destinations are Goa, Udaipur, Jaipur, Puri, Lonavala, Varanasi, Coorg, Mahabaleshwar, Ooty and Pondicherry

Sugar trade body AISTA seeks export quota reform to boost shipments

Sugar exports are currently on a restricted list, with the government controlling volumes through quotas distributed proportionally among mills

US tariff impact: Diamonds, shrimps, textiles most vulnerable, says Crisil

Crisil says 50% US tariff on Indian imports will severely impact diamond polishing, shrimp, home textiles, and carpets, with other sectors facing manageable to moderate risk

Tariff turbulence: Tanned hides, tug toys, trade sacks on Trump tightrope

The second in a series focuses on Kanpur's leather hub, pet goods makers, and FIBC exporters walking a fine line under the weight of 50% US duties

Pvt players likely to have limited access to data from GatiShakti portal

Private players to get limited, non-downloadable access to national masterplan portal data

No option for global firms but to come to India: Brookfield's Alok Aggarwal

The need for companies to outsource is fundamental. There's no option for global firms but to come to India. India is a pool of talent. India's gross office absorption has been around 90 msf

IBC Amendment Bill: Govt proposes group, cross-border insolvency

Among significant clarifications made in the Bill, it states that claims by state or central authorities will only be treated as secured if there is a contractual agreement to that effect

Pixxel-led consortium set to build India's first commercial EO satellite

To launch a constellation of 12 such satellites with an investment of ₹1.2K cr

Net profitability is ultimate measure of turnaround for BSNL: Panel on PSUs

A parliamentary panel has asked BSNL to reach net profitability quickly, meet 4G-5G rollout targets, improve employee morale, and monetise assets more aggressively

Parliament panel calls for global promotion of Indian leather products

Parliamentary panel recommends promoting 'Make in India' for traditional leather products to safeguard artisans, citing the Kolhapuri chappals imitation case

Tourism can beat 'Trumpian' tariffs, says former G20 Sherpa Amitabh Kant

Former G20 Sherpa Amitabh Kant urges Rs 20,000 crore for global tourism promotion, saying the sector can offset US tariffs and boost India's growth and jobs

India investing billions of dollars in research ecosystem: PM Modi

Addressing the 18th International Olympiad on Astronomy and Astrophysics in Mumbai via video link, Modi also said that in India, tradition meets innovation

Cabinet approves 4 new semiconductor projects with ₹4,600 crore investment

Four semiconductor units in Odisha, Andhra Pradesh, and Punjab, plus Lucknow Metro's Phase-1B, aim to create jobs, expand connectivity, and boost India's manufacturing base

US tariff hikes slash diamond jobs in Gujarat, hit Rajasthan gems trade

Nearly 100,000 workers in Saurashtra lose jobs; Rajasthan's gems and jewellery sector also braces for slowdown as Donald Trump's 50% tariffs hit Indian industries

Chemists urge crackdown on instant online delivery of high-risk medicines

Chemists' body urges action against e-pharmacies, quick commerce apps for delivering high-risk drugs without checks, warning of rising misuse and youth addiction

BIS exemption granted to 202 foreign manufacturers: Steel Ministry

The steel ministry said these exemptions are an ongoing process, and more licences may be exempted as requests are received