Page 220 - Industry News

FMCG majors reconnect with kiranas as quick-commerce squeeze deepens

ITC, Nestle, Tata, Dabur and Parle roll out new trade incentives to mend kirana ties and regain market share lost to fast-growing quick-commerce platforms

Iran to block Strait of Hormuz: What it means for India and oil trade

Iran has proposed closing the Strait of Hormuz after US strikes, threatening to disrupt global oil flows and raise prices amid the ongoing Israel-Iran conflict

Textile industry knits business with AI as companies adopt technology

AI-enabled machines have features like precision stitching and predictive maintenance for improving production

Business Standard CEO Poll: Wars, trade frictions test biz confidence

75% of CEOs are "cautiously optimistic" about the future

India has weeks of oil supply, imports continue via many routes: Puri

In a post on X, the minister said the government has been 'closely monitoring the evolving geopolitical situation in the West Asia since the past two weeks'

West Asia conflict: Exporters in dire straits as Hormuz trade route erupts

China-Gulf spot rates climb 55% in a month as tensions mount

Climate technology startups stumble in a cold investment climate in India

PE/VC firms scale back as long-term needs clash with bankable returns

GSI team to visit Zambia to map and explore copper blocks this week

This is part of India's national critical minerals mission (NCMM), which aims to extend support to Indian public and private sector companies for mapping and exploration of critical mineral assets

Digital news publishers' body backs copyright protection in AI training use

DNPA supports government review of AI and copyright laws, urging fair compensation for digital news content used in AI training

Approval hiccups hit schedule, profits of MMR and Bengaluru realty majors

The approvals were earlier handled by the state government authorities. MMR is said to be the most affected market by this decision

IVF players on expansion mode in smaller towns as fertility rates go down

While infertility is not the only reason for the lowering TFR, experts say that such cases are expected to rise and go beyond Tier I cities due to stress-induced lifestyle diseases

EPFO adds 1.9 million net members in April 2025, youth dominate entries

The Employees' Provident Fund Organization (EPFO) enrolled around 8.49 lakh new subscribers in April 2025, representing a 12.49 per cent increase over March 2025

21k jobs in audio electronics at risk due to China rare earth curbs: Elcina

In April, China implemented strict export licensing on rare earth elements like terbium and dysprosium which are key inputs for high-performance NdFeB magnets used in consumer electronics

Nearly half of India's power generation capacity non-fossil: Govt data

According to a government explainer on energy and environment issued on Sunday, India's total installed power capacity has reached 476 GW as of June 2025

Wine industry expects rebound in FY26 after consumption slowdown last year

The impact of urban consumption slowdown was more 'stark' on the wine segment versus other AlcoBev categories, as it is a predominantly urban drink, according to the report

Geopolitical tensions shake Indian firms; 63% impose hiring freeze: Report

Further, the report revealed that 36 per cent of the employees interviewed stated that their salary growth, bonuses, or appraisals are affected in light of geopolitical instability

Iran-Israel conflict: India ramps up oil imports from Russia, US in June

Indian refiners are set to import 2-2.2 million barrels per day of Russian crude in June-highest in two years and more than combined purchases from Iraq, Saudi Arabia, UAE, and Kuwait

Blue-collar gig jobs up 92% in 2024, led by last-mile logistics: Report

This reflects a rising dependence on flexible, on-demand labour, driven by the rapid expansion of e-commerce, food delivery, and ride-hailing platforms, said a report by Workindia

Govt launches ₹2.3-cr startup scheme to boost rooftop solar installations

This innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo Labs said most AI tools today are built for showcase, not for reliability