Page 27 - Industry News

West Asia war: Leather & footwear industry seeks duty exemptions on inputs

The industry official said that the exporters have suggested the government for early implementation of the proposed FLOAT (Footwear and leather oriented transformation) scheme

As mercury soars, ecomm firms step up measures to protect delivery workers

For delivery partners navigating congested city traffic on two-wheelers, the summer months bring a heightened risk of severe dehydration, heat exhaustion, and heatstroke

Factories in Tanzania offer new avenues for Haryana farmers, entrepreneurs

Farmers and entrepreneurs have started exploring the Tanzanian markets after Haryana began a push for investment opportunities in that country

Cabinet to soon clear ₹37,500 cr coal gasification incentive scheme

The proposed scheme is aimed at accelerating surface coal and lignite gasification projects across the country, promoting self reliance by reducing import dependence on critical commodities

Govt extends MIP on virgin multi-layer paper board till Sept 2026

The MIP was first imposed in August 2025

Finance Ministry notifies 100% FDI in insurance sector, amends Fema rules

The Parliament had passed the Sabka Bima Sabki Raksha (amendment of insurance laws) Bill, 2025, in December, 2025, paving the way for hiking the FDI cap

Commercial LPG hike: Delhi eateries warn of higher prices, job losses

The price of commercial LPG was hiked by a steep ₹993 per 19 kg cylinder, marking the third consecutive monthly hike amid rising global energy prices linked to the West Asia conflict

India's power grid race: Can supply keep pace with surging demand?

India's power grid handled record demand this summer, but rising heat, renewable growth and industrial expansion are testing whether its infrastructure can keep pace

India Inc's big foreign acquisitions yield no more than tepid returns

In eight of 10 occasions, the share prices of firms that spent billions buying marquee assets have underperformed the broader market after acquisition

Drug exports to US fall 10% in FY26 as EU and Africa drive growth

India's pharma exports hit a record in FY26 but growth slowed as US demand weakened; vaccines, bulk drugs and diversification into EU and Africa supported gains

Datanomics: Formal labour tag hides reality of industrial workers in India

Millions of them don't have clear job contracts and safety benefits

Commercial LPG hike to aggravate job losses, drive up menu prices: Industry

The prices of commercial LPG - the one used in hotels and restaurants - have been hiked by Rs 993 to a record high of Rs 3,071.50 per 19-kg cylinder

An 'Election Bill', says Rahul Gandhi on commercial LPG price hike

Opposition leaders criticise steep LPG price hike, warning of impact on small businesses and households, while government cites global energy trends to justify increase

Hiring activity up 6% in April, insurance sector provides top boost: Report

The Naukri JobSpeak Index report is a monthly index that tracks trends in India's job market and hiring activities

Amit Shah lays foundation of 10,000 litres per day dairy plant in Kargil

The project is being implemented under the National Programme for Dairy Development (NPDD) of the Union Ministry of Fisheries, Animal Husbandry and Dairying, with a grant of ₹12.74 crore

What Microsoft's VRS signals about workforce design in Big Tech in AI era

As Microsoft rolls out a voluntary retirement programme for its US workforce, experts say AI may push firms to trim middle layers and redirect costs

Apple accuses CCI of overstepping authority as antitrust dispute escalates

After the CCI this month gave Apple an ultimatum to submit its financials and scheduled a final hearing on May 21, the company has urged the Delhi HC to urgently intervene to put the matter on hold

India's heatwave exposes fragile power grid as energy crunch deepens

Extreme heat and West Asia war disruptions strain India's energy supplies, driving power demand to record highs, triggering blackouts and worsening shortages of crude, LNG and cooking gas

Further oil spike likely to put the growth-inflation balance at risk

A fresh surge in crude oil prices amid West Asia tensions threatens to weaken India's growth outlook while pushing inflation higher in FY27

Venezuela, Brazil among India's top 5 crude oil suppliers in April

Supply disruptions in West Asia and Strait of Hormuz closure prompt India to recalibrate sourcing, with Venezuela and Brazil replacing Iraq and the US in April