Page 191 - Industry News

Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent

Supreme Court dismisses tax demand raised by CBIC against IndiGo

The Supreme Court has dismissed CBIC's plea to retrospectively levy IGST on aircraft parts re-imported by IndiGo, reinforcing the principle of legal certainty in taxation

Can mobile PLI scheme's winning model be replicated across other sectors?

An agile government-private partnership has proved a win-win for the mobile PLI scheme

India reaches 50% non-fossil power milestone ahead of 2030 target

This assumes significance in view of India's commitment at international fora to increased non-fossil fuel-based power generation in the country

Google adds shoppable ads on CTV, mastheads on mobile for YouTube in India

Google introduces shoppable CTV ads and mobile mastheads on YouTube in India, enabling QR code interaction and new shopping features for users during key moments and product launches

Panel okays land transfer of BSNL, MTNL, ITI to govt bodies without auction

This process needs to be completed within 90 days from the notification of the asset on the asset monetisation website

India's new copper cathode rule risks supply shortages, says trade body

The quality control curbs have led to a decline in imports, the Bombay Metal Exchange (BME) said - a claim rejected by the government

Rajasthan industry body urges govt to set up chemical hub in state

Five chemical hubs are currently being established in India - Visakhapatnam (Andhra Pradesh), Dahej (Gujarat), Paradip (Odisha) and two places in Tamil Nadu

Uttar Pradesh govt logs fresh excise proposals worth ₹4,000 crore

The investment proposals were received at the recent 'UP Excise Investors' Summit' in Lucknow, which was organised to promote investments in the alcohol value chain

Luxury rehab centres on the rise as affluent Indians seek mental care

High-end rehab centres offering private villas, gourmet meals and holistic therapy are gaining popularity in India as wealthy patients choose discretion and personalised treatment

Housing sales in MMR, Pune dip 30% to 42,000 units in June: PropTiger

The combined housing sales in MMR and Pune, the two important property markets in Maharashtra, stood at 60,191 units in the year-ago period

Big picture behind small climb in rail fares: Easing strain, minimal impact

Railways increased fares slightly after five years, easing financial strain while keeping passenger impact low; experts call it necessary

India's biggest bet on securing bids from foreign drillers in crucial move

An official said main problem for India's petroleum sector, considering its lucrative geology less than that of countries in Africa and South America, was frequent changes in tax & incentive policies

CCI revises probe order against Asian Paints, removes previous findings

The Competition Commission of India revises its probe order against Asian Paints, removing references to previous findings of dominance, amid a complaint by Grasim Industries

Isro to industry: Tech transfers fueling private sector's orbital lift-off

Isro's tech expertise has found wider uses. Now, IN-SPACe is driving deeper tech transfers to power the private sector's orbital lift-off

74,000 rail coaches to be equipped with CCTV cameras: Indian Railways

Indian Railways will install CCTV cameras in all 74,000 coaches and 15,000 locomotives, with a focus on improving passenger safety and reducing incidents of crime

Minister Sonowal to inaugurate Bimstec ports conclave in Vizag on July 14

The two-day event, to be held until July 15, aims to enhance regional maritime cooperation under the BIMSTEC framework, said an official press release

Electronics, pharma sectors corner 70% of PLI disbursements in FY25

The scheme was introduced in 2021 to support domestic manufacturing across 14 sectors with an outlay of Rs 1.97 trillion

FM Sitharaman lauds Meghalaya's inclusive growth, women's empowerment

Reflecting on her visit to the aspirational district of Ri-Bhoi and her engagements in Shillong, she highlighted how Meghalaya's development journey reflects the spirit of PM's vision of Viksit Bharat

Govt to boost rare earth magnet output via PLI scheme, private sector push

The Centre has initiated PLI schemes, which offer financial incentives tied directly to measurable outcomes and have been designed to boost domestic manufacturing