Page 26 - Industry News

Prioritise energy security to sustain growth momentum: RBI MPC member

Kumar said that India imports a significant portion of its crude oil and natural gas requirements, making it highly sensitive to geopolitical developments in West Asia

Can BJP's Bengal win be a turning point for industry? Experts weigh in

Now, with the BJP in power at both the Centre and the state - a convergence not seen in over 50 years - the question is whether it can unlock a wave of investment to match the scale of the mandate

India's fuel exports fall to lowest level since 2022 on West Asia crisis

The government has imposed a special additional excise duty to discourage exports. Crude oil supplies are lower, so is refining throughput

High power demand, but spot prices rise only 1% to ₹5.26/unit in April: IEX

Power demand rose in April, but spot prices increased marginally amid surplus renewable supply and weather-led fluctuations, offering buyers opportunities for lower-cost procurement

Plea in SC alleges fake citations in NCLT order on Essel insolvency

A plea in the Supreme Court alleges non-existent citations in an NCLT order admitting Essel Infraprojects to insolvency, raising concerns over judicial integrity.

Cabinet clears ₹18,100-cr credit guarantee scheme for aviation, MSMEs

Cabinet clears ₹365/qtl sugarcane FRP, ₹5,659 crore cotton mission

Indian investments in US rise to $16.4 bn, support 70,800 jobs: Official

A CII report released in 2023 had pegged Indian investments in the US in the range of $40 billion, which had led to the creation of 425,000 jobs

India's AC boom could trip the power grid, but policy is the real problem

India's cooling demand is surging with rising heat and incomes, but outdated rules are slowing adoption of cheaper, cleaner refrigerants that could ease pressure on the power grid

Get, set, go: India's summer travel packs for coolcations, short escapes

Travel sentiment sustaining despite sharp spike in costs, platforms reveal

India among top coal mine methane emitters in 2025, says IEA report

IEA flags India among top coal mine methane emitters, highlighting gaps in reporting and the urgent need for cost-effective emission reduction measures

Industry body seeks nodal authority for recycling, flags policy gaps

MRAI highlights fragmented oversight and execution challenges in recycling policies, urging a central nodal body to ensure continuity, coordination, and effective implementation

'City of glass' is under threat from Iran war

The factories in Firozabad, just 21 miles from the Taj Mahal, have been barred from using coal-fired furnaces since 1996 to protect the monument's white marble facade

Wind energy industry seeks better grid use, faster PPAs from SECI

Industry body flags grid constraints, PPA delays, and sub-optimal resource allocation as key hurdles, urging coordinated planning to unlock India's wind energy potential

SECL dry fuel supply to power sector rises 8.2% to 12.49 MT in April

The increase underscores SECL's sustained emphasis on prioritising coal supply to the power sector, aligning with directives from the coal ministry

Real estate projects worth ₹5,770 crore on the anvil in Uttar Pradesh

Fresh ₹5,770-crore proposals across 39 projects signal strong momentum in Uttar Pradesh's housing sector, backed by infrastructure growth and regulatory support

Dry cell battery makers struggle to recharge under new recycling rules

India's stricter battery recycling targets under EPR rules are forcing dry cell makers to seek relief, explore new collection models, and tackle rising costs and ecosystem gaps

Delhi to Bhubaneswar: Soaring LPG costs burn deeper into restaurant margins

Soaring commercial LPG prices are squeezing restaurant margins, forcing eateries to consider menu hikes, switch fuels or absorb rising costs

WhiteBoard to launch $100 mn urban assets AIF, target offshore capital

Fund will invest across asset classes such as data centres, warehousing and housing, with a $100 million corpus and equal greenshoe, targeting offshore investors

Centre removes hospital height cap, eases norms for vertical expansion

New NBCS 2026 norms remove 45-metre cap on hospital buildings, enabling vertical expansion, lowering capex and reducing reliance on greenfield projects, say industry executives

New building norms to ease infra constraints, improve access to healthcare

The new NBCS 2026 rules mark a significant and timely step towards enabling future-ready healthcare infrastructure in India, NATHEALTH President Sangita Reddy said