Page 236 - Industry News

EPFO to meet staff unions on Friday for cadre restructuring talks

EPFO's cadre restructuring panel to meet unions to discuss staff shortages, workload, and career progression; IIT Delhi report on tech-led reforms due by December

India needs tax breaks, startup push to lead global wellness tourism

KPMG-FHRAI report projects India's medical tourism to reach $58.2 bn by 2035, calls for tax incentives, global branding and startup support to drive growth

India Inc's profit boom has a name: It's called the Herfindahl Index

What is the Herfindahl-Hirschman Index (HHI), and what does it say about competition, monopolies, and industry growth in India

South Korea wins appeal in legal dispute with Elliott over Samsung merger

In 2023, the Netherlands-based Permanent Court of Arbitration had directed the South Korean government to pay approximately $100 million in damages to Elliott

India's goods exports may face pressure in fiscal 2026 amid tariffs: Crisil

With the tariff hikes expected to come into effect from August, India and the US are negotiating on a bilateral trade agreement and a key monitorable, the report said

Iron ore imports likely to rise on JSW steel demand, falling prices

JSW Steel meets its iron ore requirements through a combination of captive mines and external purchases. It plans to add 1.5 million to 2 million tons of annual capacity at its Vijayanagar plant

Irdai panel flags risks in merging insurers with non-insurance firms

Dinesh Khara-led panel warns that allowing mergers between insurers and non-insurance firms could endanger policyholders; report submitted amid broader review of Insurance Act reforms

India's daily thermal power output dips to record 62% low, RE's share rises

Share of core renewables touches a high of 17% for the first time, according to official data

Indian firms file ECB intent worth $2.73 bn in May under automatic route

Indian companies including NBFCs filed $2.73 billion in ECB proposals in May 2025, all under the automatic route, with no applications under the approval route

From educator to minister, FM Nirmala Sitharaman opens up on her journey

Finance Minister Nirmala Sitharaman, in a candid conversation in Shillong, reflects on her journey in education, personal values, North East development, and governance

Aerospace turf war: Andhra, Karnataka lock horns to attract investment

States clash after Karnataka scraps farmland plan; Andhra pitches 8,000 acres

Generic glut leads to numerous price actions on diabetes medications

While price revision lists by the National Pharmaceutical Pricing Authority (NPPA) include several diabetes drugs, combinations of empagliflozin have been prominently mentioned in past three months

Cost overruns in infra projects may have hit ₹2.89 trillion in June 2025

The combined original cost across all sectors stood at ₹26.86 trillion while the anticipated costs now touch ₹29.75 trillion - an 11 per cent jump

After global misstep, Italian luxury brand Prada walks into Kolhapur

Prior to their visit, the team had an online meeting on July 11 with executives from the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA)

Air India finds 'no issues' with Boeing 787 fuel control switch locks

Following DGCA's inspection directive, Air India confirms no faults in fuel control switches on its Boeing 787s, with throttle modules replaced earlier as per schedule

60% users say e-commerce platforms block negative reviews: Survey

As India nears 900 million internet users, e-commerce platforms face scrutiny over fake or censored reviews, with calls for mandatory government enforcement of BIS standards

SC rules in favour of Himachal in power dispute with JSW Hydro Energy

Supreme Court upholds Himachal Pradesh's claim to 18% free power from JSW Hydro Energy, rejecting plea to align supply with CERC's 13% cap under 2019 regulations

SC agrees to hear Adani Krishnapatnam Port's appeal against NGT order

While refusing to stay the NGT's February order, the apex court issued notices and sought responses from the Central Pollution Control Board (CPCB) and other respondents in the case

42% of Indian travellers forget clothes during trips: Booking.com report

The report is based on 'Summer Travel Research 2025', commissioned by Booking.com and YouGov, carried out with over 1,000 consumers

Uber, Ola drivers strike in Mumbai, commuters face tough second day

Drivers demand fixed fares and lower commissions as strike affects bookings on Uber and Ola, while Rapido and kali-peeli cabs continue partial operations in the city