Page 30 - Industry News

Over 75 proposals approved under Rajasthan's investment promotion scheme

The official said that these units had applied for various benefits under RIPS-2024 to commence their production or operations

India's energy investment to hit record $170 billion in 2026: IEA

The surge in refining investment has put India on track to expand refining capacity by nearly 15 per cent by 2030, even as the country remains heavily dependent on imported crude oil, the report said

Swiggy CEO Majety vows to stay out of Amazon-Walmart spending war in India

Majety is pledging restraint even as India hosts one of the world's most closely watched consumer-tech battles

AI spending to continue amid geopolitical uncertainty, says Gurnani

AIONOS Co-Founder C P Gurnani said companies will continue investing in AI and digital technologies despite geopolitical uncertainty and rising operational costs.

Indian Railways approves rollout of first hydrogen-powered train

Indian Railways has approved its first hydrogen-powered train on the Jind-Sonipat route even as experts caution over the technology's costs and scalability

Govt raps industrial users buying cheaper retail fuel amid crisis

The Centre has flagged rising diversion of discounted retail fuel by industrial users even as public-sector oil firms absorb heavy losses to shield consumers

Odisha govt to review Vedanta's ₹2 trillion investment plans every 15 days

The Odisha government will review Vedanta Group's proposed industrial projects every fortnight to accelerate implementation and ensure timely execution of investments

Govt warns industrial consumers against shifting to retail fuel outlets

State-run OMCs are currently absorbing losses of around Rs 550 crore per day on sale of petrol, diesel and domestic LPG

70% e-commerce users struggle to find sellers' contacts, finds survey

A new BIS standard lays down voluntary guidelines for online platforms on seller verification so that consumers can make informed decisions during transactions

India seeks deeper Canada investment ties as CEPA talks gather pace

Piyush Goyal pitched India as a long-term investment destination during his Canada visit as both countries accelerate negotiations for the proposed CEPA trade agreement

India's AI data centres may deploy up to 700,000 GPUs in 5 years: Report

A report by Avendus Capital estimates that India's data centre capacity will grow at a compound annual growth rate of 26% over the next five years, driven by AI infrastructure demand

Why is govt considering return to standard sizes for edible oil packs?

The Centre is reviewing a return to standard edible oil pack sizes to make prices easier to compare and reduce confusion over varying quantities, a move industry says will improve transparency

Goyal woos Canadian investors to partner with India in clean energy, AI

Goyal also held a series of bilateral meetings with business representatives to discuss investment opportunities in India and areas of increasing collaborations

After stable Q4, cement firms feel the grind over West Asia conflict

Rising fuel and packaging costs linked to the conflict may weigh on the sector's margins

CIL allays coal crisis fears, says 168 mt buffer available to meet demand

Coal India said current coal inventories across power plants, mine heads and transit points are sufficient to meet rising summer electricity demand without supply disruptions

India's carbon market gathers pace as export markets raise cost of business

India's carbon market framework is moving towards implementation under the CCTS, but experts warn that verification gaps, weak penalties and limited sectoral coverage remain major concerns

Crude oil price spike pushes helmet manufacturing cost by nearly 20%

Polycarbonate -- a strong plastic used in premium helmet shells -- increased from around ₹140 per kg before the conflict to ₹230 per kg now after touching ₹252 per kg

Irdai asks insurers to link performance pay with customer service metrics

The insurance regulator has revised remuneration norms for senior executives, mandating stronger focus on claims settlement, grievance redressal and policyholder outcomes

NGT seeks responses on 'environmental violations' in NINL expansion

The tribunal has issued notices to the Centre, Odisha government and NINL over allegations of large-scale tree felling and ecological damage linked to the steel plant expansion

Centre may have to tweak VGF rules for strategic Rs 48,862-cr Galathea port

The Great Nicobar transhipment port project may require major tweaks to viability gap funding norms amid strategic imperatives, commercial risks and environmental concerns