Page 268 - Industry News

Govt recommends 12% temporary tax on some steel products for 200 days

DGTR has further invited comments on its findings within 30 days, following which there would be an oral hearing before making a final decision

Domestic steel prices rise but looming global trade war sparks concerns

It is widely anticipated that the 25 per cent tariff imposed by the US from March 12, 2025, will lead to trade diversion and increased imports into India

Shapoorji Pallonji Group in final lap to raise nearly Rs 28,600 crore debt

Over a dozen investors keen on buying the bonds that may be backed by the group's stake in Tata Sons

India's wholesale inflation increases slightly to 2.38% in February

The inflation was led by acceleration in the prices of manufactured goods categories like food products

Railways on course to achieve Scope 1 net zero in 2025: Ashwini Vaishnaw

Scope 1 emissions are greenhouse gases emitted directly from an organisation's own sources or those under its direct control

Workplace business on a high as back to office becomes the new normal

While commercial real estate developers are banking on potential demand, they also believe that hybrid work culture will continue to co-exist

Ericsson, Airtel, Volvo partner to research 5G digital twin tech, AI

The research engagement, to be conducted at the Volvo Group Factory and Volvo Group's research and development centre in Bangalore, will explore industrial metaverse applications

Capital appreciation steals a march on rental growth in key markets

NCR, MMR, Hyderabad see higher capital appreciation between 2021 and 2024, says Anarock report

Examining impact of US tariff on steel, aluminium: Govt tells Lok Sabha

As per Proclamations issued by the president of the US dated February 10, 2025, the US government has imposed the import duty with effect from March 12, 2025

India's 2030 renewable energy target ambitious, says Climate Group CEO

India, the world's third-largest greenhouse gas emitter and the fastest growing major economy, has pledged to reach net-zero emissions by 2070

Indian investor appetite to get tested amid $3 billion debt supply

Indian states will raise over Rs 40,100 crore through a debt sale on Tuesday, followed by Rs 54,000 crore of issuances next week, as per schedule

Smartphone exports beat estimates, cross $21 billion in FY25 so far

Sprint past $20 billion target, beating projections

Competition next door, Delhi airport planning salary hike, bonus for staff

DIAL requested AERA to align manpower cost projections with its submissions and consider at least a nine per cent growth, as observed by AERA itself in previous "control periods"

Domestic jewellery demand takes a hit as gold scales Rs 90,000 per 10 grams

This is in tandem with international prices, which hit record highs and crossed $3,000 an ounce on Friday, say industry players. One ounce is approximately 28.35 gm

Govt to bring Digital Competition Bill after due process: Harsh Malhotra

Minister of State for Corporate Affairs said while strict interventions were required to enforce the law, self-regulation and compliance should also be promoted

Oil imports fell 11% in December as supplies from Russia, Saudi fall

Higher domestic demand in Russia, lower exports by Saudi may have reduced Indian uptake

Trains increase coal freight capacity; power units stock up before summer

Sector experts point that demand would be met on the back of thermal power yet again

Chhaava success scripts 39% rise in gross domestic BO collections

Chhaava helped the Hindi-language share of the gross domestic box office rise to 45% in the January-February period

DMRC, Blue Dart to roll out freight services on Delhi Metro soon

DMRC said that Blue Dart will transport cargo via metro trains during non-peak hours, utilising available capacity to ensure faster and more reliable movement of time-sensitive shipments.

Apple to begin Airpods production at Foxconn's Hyderabad plant in April

According to Canalys, the company had 23.1 per cent market share in 2024 -- about three times more than its nearest competitor Samsung that the research firm estimates to be around 8.5 per cent