Page 30 - Industry News

Fuel, input costs hit cement firms' margins despite healthy volume growth

Listed cement makers have reported sales volume growth of up to 27 per cent, except second-largest maker Ambuja Cement, which reported a 14 per cent decline

India hosts 440 space startups, private investment up six-fold to $618 mn

India has around 440 space technology startups, while private investment in the sector rose nearly six-fold to $618.5 million by March 2026, government data show

DAE notifies draft rules mandating insurance cover for nuclear plants

The draft rules say financial security for nuclear power plants must remain in place until all spent fuel has been removed from the concerned storage pool

India Inc backs PM Modi's I-Day address, vows to boost investment, jobs

Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance

Amazon's new user agreement seeks to curb class-action suits by shoppers

The e-commerce giant said its updated terms require customers to resolve most disputes through arbitration, while retaining the option to pursue eligible claims in small claims court

India opens nuclear power sector to proven foreign reactor technology

Draft rules allow private companies to seek in-principle approval for vendor tie-ups, land, and preliminary work, while nuclear projects will face stage-wise regulatory scrutiny

India may get 5-8 more semiconductor plants in 7-8 years, says PM Modi

In his Independence Day address, the Prime Minister also said the government would train one crore youth in artificial intelligence skills over the next one year

PM Modi flags energy security, critical minerals as key future priorities

The Prime Minister said rising demand from chips, AI and data centres makes energy security crucial, while India is also working to secure critical mineral supply chains

MMDR amendment sparks revenue fears, Odisha may lose over ₹1 trn dues

Industry and state-level estimates suggest Odisha could lose around Rs 12,000 crore in annual mineral-related revenue and over Rs 1 trillion in outstanding dues

I-Day sales rush: Retailers gear up for deal seekers to drive strong growth

Retailers expect strong footfalls and sales growth over the Independence Day weekend, backed by buoyant consumer sentiment, higher discounted inventory and offers

Independence Day weekend lifts hotel bookings, travel demand across India

Hotel and travel platforms report higher bookings, with younger travellers driving last-minute trips and demand spilling over into the first half of the coming week

Govt removes 12-minute per hour advertisement cap for television channels

The government said the advertising cap, introduced in 2006, had outlived its utility amid increased competition among TV channels and the rapid growth of digital media

States to retain 90% of mining-related payments after MMDR Bill: Centre

Mines Ministry says states will continue to receive around 90 per cent of mining-related taxes and statutory payments, amid concerns over the amendment's fiscal impact

CCI faces quorum crunch as MCA moves to fill two member vacancies

The competition watchdog could be left with only two members, potentially affecting antitrust proceedings even as merger clearances may continue under the doctrine of necessity

BSNL expands indigenous 4G network in J&K, Ladakh; unveils I-Day offers

The state-run telecom operator has also launched a ₹1,111 fibre plan with speeds of up to 200 Mbps, 5,000 GB monthly data and 25-plus OTT platforms.

Naveen seeks special Assembly session over MMDR Bill, flags revenue risk

Naveen Patnaik has sought an all-party meeting and a special Assembly session, warning that the MMDR amendment could weaken Odisha's fiscal autonomy and mineral revenues

MMDR amendment puts state taxing powers back in constitutional crosshairs

The Bill's restrictions on taxing mineral rights and mineral-bearing land have revived questions over Parliament's powers and could open the door to legal challenges by states

NCR developers seek project timeline relief from UP, Delhi, Haryana Reras

Credai NCR has urged regulators to implement the Centre's advisory granting a four-month extension to eligible projects amid West Asia-linked supply chain disruptions

7 states plan 1,380 new GCCs, to help create 1.2 mn jobs by 2031: CBRE

As per the report, Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh are targeting setting up of around 1,380 GCCs in their states

India less exposed to AI job risks than others, says Goldman Sachs

The impact will be limited compared to many other countries, said Goldman Sachs Group's Chief India economist Santanu Sengupta