Page 285 - Industry News

India needs $700 bn in power sector to meet net-zero target: Moody's

The sector, which currently is highly dependent on coal-fired generation, has to make significant decarbonisation investments for the country to meet its emission cut goals

India-Qatar potential FTA must be approached with caution, says GTRI

The Global Trade Research Initiative (GTRI) added that India should ensure that tariff concessions on petrochemicals and energy-related imports do not undermine domestic industries

Indian drugmakers face risks as Trump eyes tariffs on US imports of pharma

The company relies on its key generic drugs in oncology and immunology therapies for sales in the region, which rose 28 per cent from a year earlier

Listed realtors report mixed bag Q3 as home sales moderate in top cities

Project approvals slow down but most companies expect to meet their annual guidance

NPPA directs pharma firms to update MRP after Budget 2025 duty exemptions

The National Pharmaceutical Pricing Authority directs pharma firms to revise the MRP of medicines following customs duty exemptions in Union Budget 2025, ensuring consumers benefit from lower prices

DoT directs social media firms to act against content violating Telecom Act

DoT directs social media platforms to remove content enabling CLI spoofing, citing violations of the Telecommunications Act, 2023; compliance deadline set for February 28

Asci flags 413 offshore online betting advertisements for violating norms

Between April 2023 and March 2024, ASCI flagged 1,336 advertisements, and 492 cases related to RMGs were observed by the body

Back to office? Not so soon: Nearly 50% workers prefer flexibility

Post-pandemic, work-from-home (WFH) has emerged as a key priority for employees, with human resource (HR) professionals struggling to strike a balance between remote and in-office work

India, UAE trade grows 21.35% to $80.51 billion during Apr-Jan in FY25

While India's exports to the UAE rose 6.82 per cent to $30 billion during the first 10 months of this fiscal year, imports during this period rose 35.58 per cent to $50.51 billion

Labour ministry ropes in 'APNA', to list 1 mn jobs annually on NCS portal

The NCS portal serves as a vital bridge between jobseekers and employers, with over 4 million registered employers and 44 million vacancies mobilised since its launch

India, Qatar aim to double bilateral trade to $28 billion in five years

The announcement came after talks between Indian Prime Minister Narendra Modi and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani, who is on a two-day visit to New Delhi

Ficci, Assocham demand input tax credit for real estate under CGST

The associations have written letters to the finance ministry and have urged the latter to permit availing of the ITC where the immovable property is constructed for the provision of leasing services

Industry body calls for broken rice exports as stocks hit nine times target

India banned exports of 100% broken rice in September 2022 and then imposed curbs on exports of all other rice grades in 2023 after poor rainfall raised concerns over production

CCI seeks public comments on draft rules for determining cost of production

In a consultation paper floated by CCI, it said the cost will generally be taken as the average variable cost, serving as a proxy for marginal cost in predatory pricing assessments

Customs should not act while redemption application is pending with DGFT

Rule 53 of the SEZ Rules, 2006 has no provision to count any supply from a SEZ unit to a bonded warehouse as earnings for the purpose of NFE calculations

New skilling policy to focus on tapping global demand for skilled workers

India is eyeing deployment of 100,000 care workers every year from 2027 in developed countries

Cheaper indirect routes pull Indian flyers away from direct Europe flights

Data from OAG, covering December 2023 to November 2024, shows that as much as a third of flyers between Mumbai and London and a fourth of flyers from Delhi to London travel indirectly

Global pharma eyes India's obesity mkt, but weight-loss drugs face hurdles

These drugs belong to a class known as glucagon-like peptide receptor agonists (GLP-1RAs), which mimic a natural hormone that helps regulate blood sugar and appetite

Ranveer Allahbadia row: Influencer ethics council moves to restore trust

According to the council, the influencer marketing industry is expected to surpass Rs 3,375 crore by 2026

Trai calls for separate network authorisation for telecom infrastructure

In line with similar recommendations for telcos, latest direction calls for ending the practice of signing agreements