Page 28 - Industry News

Healthcare industry divided over Maharashtra FDA's medical device pricing

Industry bodies back greater scrutiny of medical device pricing but differ on how gaps between hospital procurement costs and prices charged to patients should be assessed

ASCI unveils Vision 2032 roadmap to build trust in advertising ecosystem

ASCI plans three Centres of Excellence covering legal and policy issues, responsible AI innovation in advertising, and creator excellence and trust.

Oil ministry officials meet petroleum dealers body on MDR exemption demand

Petroleum dealers have sought exemption from MDR on UPI fuel purchases above Rs 2,000, warning that the additional transaction cost could put pressure on prescribed dealer margins

India secures 2.8 million tonnes European Union steel quota: Official

India has received country-specific tariff-rate quota of 1.9 million tonne (MT) annually for steel exports to the European Union while the government expects exporters to secure another 0.9 MT

India's power sector coal imports hit 15-month high in Aug amid high demand

Power producers imported 5.52 million tonnes of coal during the month, up 85.6 per cent year-on-year, as heat-wave conditions and lower hydropower output lifted electricity demand

Govt tightens stem cell therapy rules, bars routine use for autism

For autism, the ministry has specifically said that therapeutic use of any type of stem cell will remain restricted to duly approved clinical trials

Govt to target 200 chip design startups, firms under Semicon 2.0: Vaishnaw

Ashwini Vaishnaw noted chip design would be the first of six pillars of Semicon 2.0, with the government scaling up ambition

Better project-capital match key for ₹680-770 trn infra need by 2047: Report

India needs ₹168-172 trn in infra investment by FY31. While ₹38-40 trn is financed, ₹78-80 trn is yet to enter the pipeline, ₹31-32 trn awaits closure and ₹21-22 trn is stalled

Adidas begins layoffs at Gurugram tech hub amid restructuring push

Adidas said the changes were intended to simplify parts of the organisation, strengthen critical capabilities and position the company for long-term success

Housing sentiment remains firm; festive demand to boost sales: Report

Colliers says 50 per cent of prospective buyers plan to purchase a home within two years, with affordability, unit size, connectivity and amenities shaping demand

India's outsourcing industry holds ground as AI reshapes jobs, says ING

Software services exports now account for 5.2 per cent of GDP, up from 3.3 per cent before the pandemic, while business services have more than doubled their share to 3.3 per cent

India preparing to become trusted hub for global chip manufacturing: Modi

Speaking at SEMICON India 2026, the government said 12 semiconductor projects have been approved so far, with the next phase expected to expand the ecosystem further

Pet owners emerge as biggest buyers of air purifiers in India: Report

Pet owners account for 17 per cent of consumer voice for air purifiers, using the devices to manage pet hair, dander, dust and odours beyond concerns over outdoor pollution

Micron to scale up semiconductor assembly, testing in India next year

CEO Sanjay Mehrotra said India has moved from semiconductor ambition to execution, with Micron already shipping DRAM and NAND products from its Sanand facility in Gujarat

Infineon CEO calls India a market of 'tremendous importance' for chips

Jochen Hanebeck said the company's confidence in India has never been stronger as the country expands its semiconductor ecosystem and role in the global chip value chain

New UPI MDR framework to support innovation and investment: Assocham

Assocham said the new UPI MDR framework for high-value merchant payments will support investment in technology and infrastructure, while helping expand UPI acceptance across the country

India courts global chipmakers as Semicon conference opens in Delhi

The three-day event will bring together more than 300 global companies, 600 exhibitors and 150 speakers as India seeks investment and partnerships to expand its semiconductor industry

India's rooftop solar mkt has 132 GW potential, demand may hit 15 GW: Isma

ISMA says subsidies under PM Surya Ghar are driving installations, but policy continuity beyond March 2027 will be critical to sustain demand and manufacturing investment

Govt rolls out GOBARdhan guidelines, assures full CBG offtake, sets price

Ensures full offtake of CBG plant and introduces a pricing mechanism

Gem and Jewellery Council criticises Centre's steep hallmarking fee hike

GJC seeks an immediate review of the 67 per cent increase in gold hallmarking fees, saying authorities should focus on fake hallmarking and unauthorised operators