Page 25 - Industry News

SC retains 1978 industry test for old disputes, leaves new labour code open

Pending and concluded matters under the Industrial Disputes Act will remain governed by the Bangalore Water Supply test, while the new Code's definition will be interpreted independently

State levies added ₹7,000 crore to Coal India's bill in FY26: CMD B Sairam

Coal India paid over Rs 32,000 crore in state statutory levies in FY26, with Sairam calling for a stable and predictable taxation framework

REITs stay resilient amid West Asia crisis, set for strong growth: CareEdge

Over 150 million sq ft of office space is expected to become REIT-eligible by 2031, potentially increasing the sector's asset value from nearly $33 billion to over $50 billion

Govt urges industry to use FTAs, focus on value addition and export markets

The share of capital goods in India's export basket has already risen from 13 per cent in 2014 to 19 per cent today, but that trajectory must be accelerated

India's core sector growth rises by 5.4% in July on coal, refinery products

Production growth of nine key infrastructure sectors rose to 5.4 per cent in July following an increase in output of coal, refinery products, cement, electricity and iron ore.

Uttar Pradesh nets investment worth ₹35,000 crore in renewable energy

Uttar Pradesh attracts over ₹35,400 crore in renewable energy proposals, with five projects in Gautam Buddha Nagar expected to create more than 20,000 jobs and boost the state's green-energy push

5,000 fault repair workers to get up to ₹30 lakh financial security

Rajasthan will provide 5,000 fault repair workers accident insurance of up to ₹30 lakh, while a new digital tool will monitor renewable energy projects and schemes

Nafed's retail push: Six cities, dark stores, and a ₹100-crore target

Nafed plans to open modern stores in six cities and turn some outlets into dark stores as it expands its retail business

Long-weekend travel gains as festive calendar opens short holiday windows

Overseas long-weekend bookings have risen 40 per cent year-on-year, while upcoming festive breaks are also driving homecoming travel and short domestic getaways

CCI eases commitment norms; Google, IndiGo pleas await approval

The competition regulator has also increased the overall timeline for considering commitment applications to 180 days as it seeks to address procedural and administrative issues

Cabinet clears ₹13,041 crore rail, highway projects across five states

Four railway projects will add about 410 km to the network, while the 82-km NH-22 project in Bihar will improve connectivity to the India-Nepal border

Abu Dhabi rolls out red carpet to attract more travellers from India

Wider outreach, travel tieups, and easier visa access on offer

How liberalisation pushed power sector from persistent outages to surpluses

Three decades of reforms have taken India's power sector from chronic shortages to near-universal access and surplus capacity, but discom finances remain a key challenge

Sailors weigh safe harbour against risky passage with higher pay

They can disembark before Hormuz, wait for safer assignments or sail on for hefty bonuses

Nitin Gadkari warns of strict action against faulty project reports

Nitin Gadkari warned that defective DPRs and poor construction quality are contributing to highway accidents, while contractors and consultants face stricter audits and possible blacklisting

SC dismisses Centre's review plea in GST ITC case vs Airtel, Indus

Court finds no error in its August 2025 ruling allowing ITC on telecom tower infrastructure

Govt stresses conflict-of-interest safeguards under RDI fund framework

Jitendra Singh stresses safeguards to protect taxpayers' money and private capital as selection of second-level fund managers is expected within about two weeks

Telecom dept starts process to disband Digital Communication Commission

"The process for seeking cabinet nod to dissolve the Digital Communication Commission has started," an official source told PTI.

Cabinet clears 4 railway projects worth ₹9,450 cr, to add 410 km to network

The projects will add about 410 km to the Indian Railways network and are scheduled for completion by 2030-31, the government said in a statement

US financial services firm Charles Schwab sets up GCC in Hyderabad

The 3.45 lakh sq ft Schwab India centre will support the US business through technology, engineering and operations, with headcount targeted at around 2,000 by end-2027