Page 276 - Industry News
White-collar job market sees 4% growth in Feb; AI job demand leads: Report
The job market has begun the new year on a positive note, reporting positive growth in both January and February
 "White-collar job market sees 4% growth in Feb; AI job demand leads: Report")
The cost of liquor ban: MP expects an annual revenue loss of less than 2%
The ban on the sale of spirits in 19 locations will impact 47 composite liquor outlets
 "The cost of liquor ban: MP expects an annual revenue loss of less than 2%")
JioStar eyes 1 billion-viewer mark as IPL 2025 ad rates climb scoreboard
Experts say ad costs in the cash-rich league this year may be 20-30% higher
 "JioStar eyes 1 billion-viewer mark as IPL 2025 ad rates climb scoreboard")
Health insurance premium growth in slow lane due to tapering demand
Change in accounting norms, sharp decline in premiums from govt. schemes have also weighed on health insurance premium growth
 "Health insurance premium growth in slow lane due to tapering demand")
CWC to play key role in logistics cost reduction plan: Food minister Joshi
"With the launch of the National Logistics Policy and the PM Gati Shakti Programme, we aim to bring down logistics costs from the existing 13-14 per cent to global standards of around 8 per cent
 "CWC to play key role in logistics cost reduction plan: Food minister Joshi")
Organic fertiliser use to add $2.6 bn revenue: Indian Biogas Association
The government has announced an amendment to encourage the use of organic fertiliser for farming methods that are more ecologically friendly
 "Organic fertiliser use to add $2.6 bn revenue: Indian Biogas Association")
Indian tariffs are WTO compliant; Centre should convey to US: GTRI
It also said that negotiating a comprehensive free trade agreement with the US presents several challenges
 "Indian tariffs are WTO compliant; Centre should convey to US: GTRI")
Retail market expected to reach over Rs 190 trn by 2034, says report
India's consumption growth trajectory has been secular, barring during the Covid-19 pandemic and it is set to witness the highest growth in consumption between 2024-2034, it noted
 "Retail market expected to reach over Rs 190 trn by 2034, says report")
India, EU discuss efforts to accelerate balanced, mutually beneficial FTA
The meeting was held between Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic in Mumbai along with officials from both sides
 "India, EU discuss efforts to accelerate balanced, mutually beneficial FTA")
CDSCO flags select batches of 145 drugs for failing quality standards
Fifty-two drugs were identified by central drug laboratories, while another 93 were flagged by state drug testing labs
 "CDSCO flags select batches of 145 drugs for failing quality standards")
EU Commissioners, EAM, Piyush Goyal, others attend CII dinner reception
The dinner reception was organised as the European Commission President Ursula von der Leyen was on a two-day visit to India from February 27-28
 "EU Commissioners, EAM, Piyush Goyal, others attend CII dinner reception")
Indian trade group asks govt to partly shift gold, silver imports to US
Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US
 "Indian trade group asks govt to partly shift gold, silver imports to US")
India's core sectors' output grew 4.6% in January, shows govt data
January's growth was largely driven by a 14.5% surge in cement production and an 8.3% uptick in refinery products
 "India's core sectors' output grew 4.6% in January, shows govt data")
India's crude oil supplies from Russia and US drop, West Asia rise
Imports of Russian oil were 280,000 barrels per day (bpd) more than Iraqi oil in February, according to Paris-based market intelligence agency Kpler
 "India's crude oil supplies from Russia and US drop, West Asia rise")
India to build world's longest LPG pipeline by June to cut costs, mishaps
Indian Oil, Bharat Petroleum Corp. and Hindustan Petroleum Corp. have jointly formed IHB to lay the 2,800-kilometer-long pipeline from Kandla on the west coast to the northern city of Gorakhpur
 "India to build world's longest LPG pipeline by June to cut costs, mishaps")
India extends production mandate for imported coal-fired power plants
The extension of the mandate is due to high demand for electricity in the country, the order stated
 "India extends production mandate for imported coal-fired power plants")
Wire and cable market has room for another player, says UltraTech
The company added that cement remains its core business, while entry into wires and cables is an adjacencies play
 "Wire and cable market has room for another player, says UltraTech")
BS Manthan: Can India create an LVMH? Julien Tornare says innovation is key
He said that like Swiss watches, known for their craftsmanship, India has a rich tradition of exquisite craftsmanship, whether in textiles or jewellery
 "BS Manthan: Can India create an LVMH? Julien Tornare says innovation is key")
Localising supply chains needed for long-term success, say RE leaders
Ultra large projects and rising domestic production to replace traditional power in near future
 "Localising supply chains needed for long-term success, say RE leaders")
BS Manthan: India natural choice for manufacturing, says Dixon's Vachani
Of the total $140 billion worth of electronics products consumed in the country, domestic units make products worth $110 billion
 "BS Manthan: India natural choice for manufacturing, says Dixon's Vachani")