Page 215 - Industry News

UP govt's new policy aims to boost leather manufacturing, exports

Under the India-UK FTA, the current tariffs of up to 17 per cent on Indian leather and footwear products, will be reduced to 0 per cent gradually in 5 years

Cabinet approves ₹300 LPG subsidy for PMUY beneficiaries in 2025-26

The ₹300 per cylinder subsidy will be provided for up to 9 refills in FY 2025-26, benefiting over 10 crore PMUY consumers and ensuring affordable access to clean cooking fuel

Cabinet approves ₹30,000 crore compensation for PSU oil marketing firms

The Cabinet approved ₹30,000 crore compensation for IOCL, BPCL and HPCL to cover domestic LPG losses, ensuring affordable supply and financial stability for PSU oil firms

Manohar Lal, Jitendra Singh review roadmap for 100GW nuclear power goal

Singh highlighted the government's landmark initiative to open the nuclear sector for private sector participation, emphasising its pivotal role in strengthening India's energy security

Govt aims to accelerate pace of highway construction to 100 km/day: Gadkari

Gadkari reiterated that his aim is to make India's automobile industry number one in the world. The size of the Indian automobile industry is now ₹22 lakh crore

Textiles PLI scheme reopened; portal goes live again to invite applications

Govt reopens PLI scheme for MMF and technical textiles to attract new applicants after lukewarm response and as US tariffs threaten labour-intensive sectors

Related-party transactions below pre-pandemic levels, shows data

An RPT is a deal between connected entities. This can involve buying or selling of goods or raw materials among group companies

Parliamentary panel urges govt to revise wage ceiling under ESI scheme

Panel wants faster action on wage ceiling revision, Aadhaar seeding, and improved incentives for doctors to ensure broader coverage ahead of Social Security Code rollout

Union Cabinet approves ₹2,157 crore highway expansion in Tamil Nadu

Four-laning of NH-332A between Marakkanam and Puducherry to ease congestion, boost trade, tourism, and create over 1.8 million person-days of employment in Tamil Nadu

Quick commerce firms tie up discounts, campaigns for Raksha Bandhan

From global diaspora orders to jeweller tie-ups, companies are pulling out all stops to meet last-minute demand

Truck rental charges for major routes stay stable in July: Report

Freight rates remained unchanged between June and July for most key routes such as Delhi-Mumbai-Delhi, Delhi-Kolkata-Delhi, and Mumbai-Chennai-Mumbai

Infibeam to sell ecommerce unit to its subsidiary Rediff for Rs 800 crore

Infibeam will sell its e-commerce platform to Rediff for ₹800 crore, raising its stake to 82.7%; Rediff may explore IPO and scale digital business offerings

Energy security among top priorities amid global tensions, says govt

The US president on Wednesday also signed an executive order slapping an additional 25 per cent levy on India for New Delhi's purchases of Russian oil

Coromandel International closes ₹820 cr deal to acquire 53% stake in NACL

Coromandel has acquired a 53% stake in NACL Industries for ₹820 crore and appointed a new MD as it awaits regulatory clearance for an open offer to public shareholders

Gen Z prefers emotionally resonant, interactive news: Google-Kantar

A Google-Kantar report shows Gen Z values credible, relatable, and visually rich news, with social media and video platforms driving most content discovery

Delhi-NCR sees 10% fall in rentals of warehousing in Jan-Jun: Vestian

The average rental values across the top seven cities remained largely stable, ranging between Rs 18-31 per square feet per month

Moody's warns US 50% tariffs could erode India's manufacturing growth

Credit rating agency says India's manufacturing growth momentum and electronics competitiveness are at risk if tariff dispute with US persists

IT sector braces for slower growth trajectory as US tariff tensions mount

Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month

US tariffs could threaten $30 billion in Indian electronics exports

Semiconductor duties, exclusion of non-smartphone items from exemptions likely to derail electronics $80 billion export targets

Avg data breach cost in India jumps 13% to ₹22 cr, highest for India: IBM

Despite the surge in costs, the security in artificial intelligence is still lacking, the report by global tech major IBM said