Page 241 - Industry News

India strikes back: India's grain, fuel stockpile prepare it for any crisis

As of early-2025, India is importing crude oil from 40 countries, up from 27 earlier

C-DOT, CSIR-NPL partner to boost quantum, classical communication tech

C-DOT and CSIR-NPL sign MoU to boost indigenous R&D in quantum and classical communication, aiming to enhance India's self-reliance in next-gen secure telecom technologies

Reliance Jio tops March subscriber growth with 2.17 million additions

Reliance Jio led March mobile subscriber growth with 2.17 million additions as Airtel's pace slowed and Vodafone Idea reported a steep rise in user exits

Online gaming firms oppose retrospective 28% GST, not the levy itself

Gaming firms tell Supreme Court they accept 28 per cent GST on entry value but challenge retrospective tax demands based on gross volume rather than real stakes

India's pharma market grows 7.8% in April, led by chronic therapies

Chronic therapies and price increases drove 7.8 per cent growth in India's pharma market in April 2025, with cardiac and gastrointestinal segments showing double-digit value gains

Indians seeking newer forms of entertainment activities in malls: CBRE

A CBRE-Invest India survey shows consumers shifting to active formats like VR and trampoline parks, with Gen Z favouring high streets and spending up to Rs 4,000 monthly

Scotch whiskey to get cheaper in India as import duty slashed under UK FTA

India-UK trade pact to halve Scotch whisky import duty to 75 per cent initially, then 40 per cent over 10 years; move expected to cut prices, boost exports, FDI, and premium brand access

CCEA approves revised SHAKTI scheme for allocation of coal to power plants

The approval was given by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, in a move aimed at simplification of the linkage process

'Indian rockets carry more than payloads': PM Modi on space exploration

PM Modi addressed the Global Conference on Space Exploration 2025 and stated that by 2035, India will have its own 'Bharatiya Antariksha Station'

Trump's 'Make in America' push: Indian drug cos in no rush to make US shift

Pharma industry veteran said that the US wanting to encourage local production is a very natural thing to do

India-UK FTA: Double contribution convention pact to help Indian IT firms

IT industry body Nasscom said securing the DCC within the India-UK FTA is a crucial step and a big win for the Indian IT industry

India-UK FTA: From auto to textiles, India Inc hopes to reap benefits

Medical-device makers apprehensive due to the China factor

Schedule M rollout may face delay as MSMEs seek more time for upgrade

Small drugmakers seek a three-month extension to submit GMP compliance plans under revised Schedule M, raising concerns about delays in national rollout

Indians likely to hit pause on US travel plans amid visa worries

Tourists hesitant to visit America due to frequent policy changes there

Starlink approval in final phase, to serve remote areas: MoS Telecom

Key players like Elon Musk-led Starlink, Bharti Group-backed OneWeb and Jio Satellite Communications are in the fray to provide satcom services in India

Betting can never be a game of skill, Centre tells Supreme Court

Centre argues in SC that all betting, even on games of skill, qualifies as gambling and must attract 28 per cent GST under the law, regardless of game classification

Insulin's century-old legacy still stands tall amid new diabetes drugs

Despite the rise of GLP-1s and oral therapies, insulin remains vital for millions, particularly those with type 1 diabetes and other insulin-dependent conditions

Apple to make all iPhones in India in coming years: Jyotiraditya Scindia

Union minister Jyotiraditya Scindia said investing in India today is not just about goodwill, but a sound economic decision for every original equipment manufacturer

AI boom drives global data centre growth despite soaring costs: Moody's

Global data centre expansion accelerates to meet AI and cloud demands; challenges include rising energy needs, supply chain disruptions, and power infrastructure constraints

EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion

India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base