Page 207 - Industry News

Lack of green H2 infra key issue in expanding clean transport: Gadkari

Gadkari underlined the need to shift away from private vehicles by offering airline-like facilities in public transport at lower costs

Investors put $1 billion into real-money gaming firms between 2020 and 2024

It went on to secure $332 million across 22 rounds in 2022, before plummeting to $20.6 million in six rounds in 2023 and $19.5 million in just three rounds in 2024, according to Tracxn

Indian retail sector to reach $1.93 trn by 2030: Deloitte-FICCI report

According to the report, the quick commerce segment is projected to reach $35 billion in Gross Merchandise Value (GMV) by 2030

Real-money gaming dealt a losing hand as crackdown follows ₹20,000 cr blow

Experts and industry players warn that the move could backfire by driving users toward unregulated offshore betting platforms

EPWA urges PMO to reconsider ban on real money games, seeks framework

EPWA has written to the PMO urging reconsideration of the blanket ban on real money games, calling for regulation distinguishing skill from chance and safeguarding players' rights

Exports of major textile commodities increased 5.37% in July: Govt

India's textile and apparel sector has continued to demonstrate resilience in July 2025, recording a steady growth trajectory

Indian company borrowing costs see steepest rise since 2022 on fiscal risks

The average yield on top-rated three year company notes climbed 26 basis points in two days through Tuesday, set for the steepest weekly gain since November 2022, data compiled by Bloomberg show

Govt to fast track reduction of compliance burden: DPIIT addl secy

The Bill, prepared by the Department for Promotion of Industry and Internal Trade (DPIIT), has proposed amendments to 355 provisions under 16 central laws administered by 10 govt departments, ministry

Retail sector projected to nearly double to $1.93 trn by 2030: Report

The country's retail and consumer landscape is undergoing a transformation, powered by robust domestic consumption alongside a surge in digital adoption

Wind projects underperform, but firms' credit quality holds steady: Crisil

Last year marked the weakest performance in five years, with only 20 per cent of wind power capacity meeting or surpassing the P90 level

Core sector growth falls to 2% in July against 6.3% in same month last year

According to official data released on Wednesday, the output of these sectors had risen by 6.3 per cent in July last year. The production growth was 2.2 per cent in the previous month of June

Express logistics and courier sector to touch $18-22 bn by FY30: Report

Post-pandemic growth is being driven by high internet and smartphone penetration, exponential growth of e-commerce, the rise of MSME output and significant infrastructure expansion into tier II and II

Online Gaming Bill: Lok Sabha passes legislation to ban online money games

The Bill was passed by a voice vote after brief remarks by Minister of Electronics and Information Technology Ashwini Vaishnaw, amid protests from Opposition lawmakers

Explainer: Online real money games and why govt is seeking to ban them

If passed, the online gaming bill could shut down the RMG industry, which employs 200,000 people and contributes ₹20,000 crore in GST annually

Indian Oil, BPCL resume buying Russian oil for September as discounts widen

Discounts for Russian flagship Urals crude have widened to about $3 per barrel, making the oil attractive for Indian refiners, while China has stepped up purchases, the officials said

Chinese refiners sweep Russian oil as Indian demand weakens, discounts fall

China had secured 15 Russian Urals cargoes for October-November delivery by the end of last week, said Richard Jones, a Singapore-based crude analyst at Energy Aspects

India's Russian oil imports dip in July, skips LatAm supply, data shows

India imported 1.5 million barrels per day of Russian crude in July, down 24.5 per cent from the previous month, the data showed

Gaming bodies seek Amit Shah's intervention to stop RMG ban in India

Gaming associations warn that banning real-money games could shut 400 firms, endanger 2 lakh jobs, reduce tax revenue, and push users to offshore gambling operators

India's oil reforms to blunt US and European Union supply coercion

The government has no say in where the country's refiners source oil from because these are commercial transactions, the official reiterated

Govt set to log out real-money games; Bill to be tabled on Wednesday

The draft bill, however, calls for promoting e-sports and online social games, according to a source