Page 190 - Industry News

CBIC to address industry complaints of non-reduction in prices: Chairman

CBIC chief said the industry has, in the past, also reduced prices of goods as and when the GST Council has taken a decision to reduce taxes

Retail space demand in Delhi-NCR jumps 25% in Jan-Jun 2025, shows CBRE data

Real estate consultant CBRE data shows that the Delhi-NCR market saw leasing of 5 lakh sq ft retail spaces in January-June as compared to 4 lakh sq ft in the year-ago period

Rajasthan allots land to RVUNL for solar parks in Jaisalmer, Bikaner

Under this landmark initiative, land allocation has been approved in Jaisalmer for various solar parks with a combined capacity of 26,400 megawatts (MW), a statement said on Saturday

Govt plans ₹5,000 cr mission to boost green steel, cut industry emissions

The Centre is preparing a ₹5,000 crore mission to help steelmakers adopt clean technologies, focusing on secondary producers while pushing green steel demand and procurement

Industry body hails agri input GST cuts, seeks similar relief for seeds

The move to cut GST on fertiliser raw materials, bio-pesticides, micronutrients and farm machinery will substantially lower input costs and create economic momentum, the industry body said

India faces research funding gap in tea sector, says industry body

TRA said that it has developed climate resilient clones, advancements in pest management, IoT-based monitoring and product diversification like speciality teas

Centre may introduce Bill in winter session to replace tobacco GST cess

New levy could follow full repayment of GST compensation loans, keeping overall tax incidence on tobacco products high

Trump may block US IT outsourcing to India, warns Laura Loomer on jobs

Laura Loomer says US President Trump is considering stopping IT work from being outsourced to India; she adds this could bring call centre jobs back to the US

Max Estates buys 7.5-acre Gurugram land to build project worth ₹3,000 crore

Base Buildwell is a special purpose vehicle holding licence and development rights over the 7.25-acre land parcel located at Sector 59, Golf Course Extension Road in Gurugram

Chasing the semicon dream: Trip to Taiwan to woo chip foundries

Semiconductors are vital for modern electronics ranging from computers to smartphones and solar panels to medical equipment

If OEMs pass on benefits, freight costs may go down: Transporters

According to Singal and several other truck operators, the road logistics sector is so competitive that passing on benefits is really quick

One Reit may enter market annually for next 3-5 years, says IRA chief

The Indian REIT sector is poised for expansion with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence

Pharma market grows 8.7% in August; cardiac and anti-diabetic segments lead

The Indian Pharma Market grew 8.7% in August 2025, with the cardiac, anti-diabetic, and anti-neoplastic segments driving growth. Sun Pharma maintained its leadership position

L&T Semiconductor acquires power module design assets of Japan's Fujitsu

The acquisition will accelerate LTSCT's foray in power electronics design and development and expand its product portfolio in the domains of industrial, energy and automotive applications

India's REITs, InvITs AUM cross ₹9 trn, projected to hit ₹25 trn by 2030

Currently, there are 27 Sebi-registered InvITs, and out of these, five are publicly listed on the stock exchanges, while 23 are privately listed

India sees no drop in overall cargo shipments despite US tariffs: Sonowal

India and the US have been negotiating a bilateral trade agreement (BTA) since March. So far, five rounds of talks have been completed

IFCI looks to sell ACCIL's bad loans worth ₹869 cr via Swiss auction

IFCI invites counter-bids for Rs 869 crore of bad loans from ACCIL after receiving an anchor bid of Rs 50 crore, translating into a recovery of just 5.75%

India's food processing industry projected to reach $535 bn by FY26-end

With AI automation and smart packaging redefining the industry, India has the potential to emerge as the global hub for food and packaging materials, said experts

GST rate rejig awakens the ghost of 2017 transition for FMCG players

Firms warn of teething troubles, seek time to rework SKUs and labels

GST rate cut proves to be a mixed bag for travel, hospitality sector

Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment