Page 260 - Industry News

USTR flags hurdles for US med device exports to India before tariff move

Medtech manufacturers' groups expect negotiations may lead to fairer outcomes for both sides

US slams India's local testing norms, standards for telecom and electronics

USTR report trains its guns on scheme mandating telecom equipment meets cybersecurity standards

India Inc credit quality robust amid profit growth, low capital expenditure

Credit quality outlook positive amid global uncertainties

Visa blues hit Chinese automaker BYD's India EV manufacturing plans

Chinese auto major likely to review proposal once curbs are eased

Flex office operators eye IPOs as MNCs, GCCs demand grade-A spaces

In the first quarter of 2025 (Q1 2025), the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers

Delhi airport fee hike for business-class flyers sparks fairness debate

In February, DIAL stated that the increase would raise final airfares by no more than 1.5 per cent on average

Coal India to increase coal price by Rs 10 per tonne from April 16

This price adjustment is aimed at contributing to the corpus of Coal Mines Pension Scheme (CMPS)-1998 and is likely to impact both regulated and non-regulated sectors

SC upholds Piramal Capital & Housing Finance's resolution plan for DHFL

Says all money recovered from fraudulent transactions must be paid to Piramal

Circle rates hike may not 'immediately' hit Mumbai realty market

Across the state, the RR rate has been increased by 3.9 per cent, on average

Trump reciprocal tariff: Which Indian sectors will be impacted from April 2

From auto to tech: What sectors will be most impacted by Trump reciprocal tariffs that will go into effect on April 2

ED attaches properties worth Rs 110 crore in Lakhani Group bank fraud case

ED investigation revealed that M/s Lakhani India Limited and group companies had jointly defrauded Indian Overseas Bank, Punjab National Bank and Allahabad Bank by misappropriation

New bill to boost aircraft leasing, strengthen banking: Union minister

Soon after the Rajya Sabha passed the bill, the minister also said the push for the aircraft leasing industry was the need of the hour

Plaksha University launches Binny Bansal Institute for AI, robotics

Flipkart co-founder Binny Bansal gives Rs 70 crore for the institute focused on developing innovative solutions to tackle global challenges using frontier technologies like AI, blockchain and robotics

Athlete endorsements up 32% in 2024, led by cricket and other sports

Apart from endorsements, the Olympic Games Paris 2024 also fuelled the growth of emerging sports sponsorships, which rose by 19 per cent to Rs 2,461 crore last year

PwC suggests IDEA framework for India to navigate US tariff uncertainties

According to PwC report, the evolving US trade policies, including tariff realignments and other measures, require Indian businesses to develop a long-term resilience strategy

India's power consumption rises 7% to 148.48 bn units in March 2025

The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023

FSSAI asks TN to crack down on sale of banned Chinese garlic in Chennai

Import of Chinese garlic has been banned since September 2005 after India found fungus Embellisia alli and Urocytsis cepulae in the product

India to scrap 6% equalisation levy on digital ads, leading to revenue loss

This decision, announced in the Finance Bill 2025-26, will benefit global tech companies like Google, Meta, and Amazon by reducing their tax burden and operational costs in India

India's April-February finished steel imports up nearly 16%: Govt data

Last month, India recommended a 12 per cent temporary tax on certain steel products for 200 days, known as a safeguard duty

Trump's Russian oil threat pushes Indian refiners to seek alternatives

Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine