Page 18 - Industry News
IMMT Bhubaneswar develops tech to make refractory bricks from bauxite waste
CSIR institute develops process to convert mining waste into high-performance bricks, offering cost benefits and industrial applications across key sectors
 "IMMT Bhubaneswar develops tech to make refractory bricks from bauxite waste")
Supreme Court to examine 1978 'industry' ruling on merits, rejects plea
Top court to assess correctness of landmark Bangalore Water Supply ruling, holding that the reference must be decided despite changes in the statutory framework
 "Supreme Court to examine 1978 'industry' ruling on merits, rejects plea")
Union Cabinet approves ₹6,969 crore Barabanki-Bahraich highway project
Four-lane NH-927 project to be built under hybrid annuity mode will ease congestion, cut travel time and improve connectivity, including links to Nepal border
 "Union Cabinet approves ₹6,969 crore Barabanki-Bahraich highway project")
Gulf war jitters disrupt art routes, but India market remains resilient
Galleries rethink Art Dubai participation amid uncertainty, while strong domestic demand cushions impact
 "Gulf war jitters disrupt art routes, but India market remains resilient")
Govt mandates domestic sourcing of solar wafers for manufacturers
Expansion of ALMM scheme to ingots and wafers will require projects to use domestic components from 2028, strengthening local manufacturing and reducing import dependence
 "Govt mandates domestic sourcing of solar wafers for manufacturers")
Why India built crude reserves but not LPG buffers despite demand surge
India built crude reserves for energy security but LPG was never treated the same way even as demand surged. Experts explain what held back storage planning
 "Why India built crude reserves but not LPG buffers despite demand surge")
No funds disbursed under ₹24K cr solar PLI scheme till Feb: Govt tells LS
The Ministry of New and Renewable Energy, Government of India, is implementing the PLI Scheme for High Efficiency solar PV modules with an outlay of Rs 24,000 crore
 "No funds disbursed under ₹24K cr solar PLI scheme till Feb: Govt tells LS")
Alternative West Asia shipping routes provide relief for aluminium prices
Aluminium prices ease as Emirates Global Aluminium secures alternative export routes, easing supply fears linked to tensions around the Strait of Hormuz
 "Alternative West Asia shipping routes provide relief for aluminium prices")
Cabinet clears ₹33,660 cr BHAVYA scheme to set up 100 industrial parks
The Cabinet approved the ₹33,660 crore BHAVYA scheme to develop 100 industrial parks with Centre-state and private participation, aiming to boost manufacturing, investment and jobs
 "Cabinet clears ₹33,660 cr BHAVYA scheme to set up 100 industrial parks")
Bank job aspirants must have good credit score for final selection: Govt
Institute of Banking Personnel Selection (IBPS) is a test-conducting agency engaged by member banks for conducting recruitment examinations, as per their mandate and requirements
 "Bank job aspirants must have good credit score for final selection: Govt")
India to mandate local solar ingots, wafers for energy projects from 2028
India currently relies entirely on China for its imports of cells, ingots, wafers and poly silicon for solar panels
 "India to mandate local solar ingots, wafers for energy projects from 2028")
CCI probes Givaudan, Firmenich, IFF over deals not to poach workers
The fragrance case is India's first touching on labour practices, lawyers say, though authorities have often investigated price-fixing
 "CCI probes Givaudan, Firmenich, IFF over deals not to poach workers")
Gas shortage halts over 400 ceramic units in Gujarat's Morbi for 3 weeks
The ceramic industry relies heavily on propane or natural gas for its operations, particularly for firing kilns and drying processes
 "Gas shortage halts over 400 ceramic units in Gujarat's Morbi for 3 weeks")
India's semicon market to reach $300 billion by 2035: Deloitte report
According to report, India is poised for a structural shift as local production is expected to meet more than 60% of domestic demand of its semiconductor needs by the end of 2035
 "India's semicon market to reach $300 billion by 2035: Deloitte report")
Parl panel seeks 'golden share' safeguard for PSU stake dilution below 51%
Finance panel asks Centre to outline legal safeguards, including golden share, to retain strategic control in PSUs if government stake falls below 51 per cent
 "Parl panel seeks 'golden share' safeguard for PSU stake dilution below 51%")
Concerns grow over Darjeeling first flush amid shortage of commercial LPG
Industry bodies warn fuel curbs may disrupt processing of premium first flush tea, which drives a large share of Darjeeling's annual revenue
 "Concerns grow over Darjeeling first flush amid shortage of commercial LPG")
West Asia conflict: Plastic units face closure as polymer costs rise 70%
Plastic units across India face shutdowns as polymer prices surge up to 70 per cent, disrupting production and threatening MSMEs, jobs and supply chains
 "West Asia conflict: Plastic units face closure as polymer costs rise 70%")
Asian spot LNG prices likely to rise 40 % in 2026, says Rystad Energy
Asian LNG spot prices may rise to $14/mmbtu in 2026 amid West Asia conflict, with Strait of Hormuz disruptions curbing supply and keeping shipping traffic constrained
 "Asian spot LNG prices likely to rise 40 % in 2026, says Rystad Energy")
LPG shortage in Delhi-NCR leaves consumers scrambling for refills
Long queues and limited stock show a system not firing on all cylinders
 "LPG shortage in Delhi-NCR leaves consumers scrambling for refills")
India's LPG consumption drops 17% in March amid West Asia conflict
India imports about 60 per cent of its LPG requirements, much of it via the Strait of Hormuz, which has been effectively shut following US and Israeli strikes on Iran and Tehran's retaliation
 "India's LPG consumption drops 17% in March amid West Asia conflict")