Page 250 - Industry News

Scientists submit report to govt on developing new semiconductor material

The team has submitted the proposal to the government for developing technologies using a new class of semiconductor materials, called 2D Materials

BMW Industries plans B2B steel products' market foray: MD Harsh Bansal

With this new venture, the company aims to leverage its existing strengths in downstream steel processing to cater to the rising demand in the country

Statsguru: Coal reigns supreme as India's clean energy remains elusive

The share of coal in India's total final energy consumption (TFEC) inched up from 31.08 per cent in FY23 to 33.01 per cent in FY24

Navi Mumbai International Airport poised to drive real estate growth

The average residential property rates in Navi Mumbai increased by 23 per cent year-on-year (Y-o-Y) in 2024 to ₹10,810 per square foot (psf)

Indian Bank to disburse Rs 20,000 crore to self-help groups in FY26

Public sector Indian Bank has set a target to disburse Rs 20,000 crore to Self Help Groups nationwide during the current financial year, an official said.

India looks to tap Chinese demand as global rapeseed meal prices rise

India, the world's 3rd-largest rapeseed producer, historically exported over 2 million tonnes of rapeseed meal annually. However, China has accounted for less than 1% of that volume due to high prices

Indian toy exporters see golden opportunity as US hikes tariff on China

According to GMI Research, the United States' toy market size touched USD 42.8 billion in 2024 and is estimated to reach USD 56.9 billion in 2032

Energy storage sector to attract Rs 4.79 trn investment by 2032: IESA

"The cost of energy storage systems has already seen a notable reduction, from Rs 10 lakhs per megawatt per month to approximately Rs 2.5 lakh per megawatt over the past 2 to 2.5 years," said Prasad

Experts seek 'right to cool', heat protection for informal sector workers

More than 80 per cent of Delhi's workers, including street vendors, construction labourers and ragpickers, face severe health risks and income loss due to extreme heat

India drew $36 bn investment from pre-2014 NELP bid rounds: Oil ministry

Under the New Exploration Licensing Policy (NELP), blocks were awarded to bidders promising maximum exploration

Govt extends deadline to May 7 for feedback on Coal Trade Exchange rules

The coal ministry has proposed to empower the Coal Controller Organisation (CCO) as the regulator for the proposed trade exchange

84% lenders use both traditional, alternative data to underwrite borrowers

Alternative data includes insights such as phone usage, utility payments, e-commerce transactions, social media activity, employment history, and in some cases, email and SMS data

Family offices opt for Cat-III AIFs in GIFT City after policy change

Global volatility, favourable tax regime make them take alternative investment fund route

Industry confident of finding rare-earth supply alternatives: Vaishnaw

The restrictions on these metals were placed by China as part of its response to the reciprocal tariffs that were imposed on it by the United States

DGCA to probe Air India Express pilot's death after cardiac arrest

The Directorate General of Civil Aviation has directed the team to submit the final investigation report as soon as possible

Mumbai airport's Terminal 1 can be demolished in a phased manner: AAI

MIAL wants to demolish entire Terminal 1 in one go

Govt tweaks city gas policy, moves to advance quarterly allocations

With city gas retailers like Indraprastha Gas Ltd, Mahanagar Gas Ltd and Adani-Total Gas Ltd reporting pressures on margins after the allocation of cheaper administered price

Soon, DGCA may allow 12th pass students without science to fly aircrafts

Since the mid-1990s, only science students can pursue commercial pilot licences in India. The recommendation will be sent to the Union aviation ministry for approval

Green office inventory to touch 700 msf in next two to three years

Currently, two-thirds of Grade A office stock is already green-certified across the top six cities, with these buildings having higher occupancy levels at 80 to 90 per cent

Zoho's Sridhar Vembu warns of fundamental reckoning in India's IT industry

In a post on X, Vembu contended that inefficiencies in products and services have long plagued the global software industry