Page 303 - Industry News
India has 'enormously high' tariffs, says Trump's top economic adviser
Trump plans announce new 25 per cent tariffs on all steel and aluminum imports into the US on Monday, on top of existing metals duties, and reciprocal tariffs on Tuesday or Wednesday
 "India has 'enormously high' tariffs, says Trump's top economic adviser")
Govt imposes export ban on raw human hair priced below $65 per kg
During April-November this fiscal, exports stood at USD 123.96 million, while the same stood at USD 124 million in 2023-24. It is mainly exported to Myanmar
 "Govt imposes export ban on raw human hair priced below $65 per kg")
India open to buying energy from all sources at lowest rates, says Puri
Addressing a presser on Indian Energy Week 2025 beginning on Tuesday, Puri allayed fears of impact on energy supplies to India from Russia after US sanctions
 "India open to buying energy from all sources at lowest rates, says Puri")
Four listed REITs distribute Rs 1,505 crore to unitholders in Q3
The distributions rose by nearly 17 per cent from Rs 1,289 crore distributed in Q3 FY24
 "Four listed REITs distribute Rs 1,505 crore to unitholders in Q3")
US tariffs will not impact Indian steel industry much: Steel Secy
Addressing 'Minerals Mining & Metals Conclave', he said India's domestic market itself is so strong with growing consumption that steel industry will find it difficult to cater to that in coming yrs
 "US tariffs will not impact Indian steel industry much: Steel Secy")
Firms hire global leaders as talent shortage hits Indian electronics sector
As India's electronics sector grows, companies like Dixon Technologies are recruiting global talent to fill leadership roles, offering high salaries amid a severe talent shortage
 "Firms hire global leaders as talent shortage hits Indian electronics sector")
Weak merchant gains in Q3, but firms bet on recovery in long term
Of the company's 3,858 megawatt (MW) thermal assets, 34 per cent is in the open market as of December, 2024
 "Weak merchant gains in Q3, but firms bet on recovery in long term")
India likely to miss Feb 10 deadline for NDC submission under Paris pact
These climate plans detail actions that countries intend to undertake every 5 years
 "India likely to miss Feb 10 deadline for NDC submission under Paris pact")
Renewable energy projects of 40 GW fail to find buyers for green power
A senior official said, pausing more tenders was "seriously considered" till pending PPA/PSAs are signed, but no final decision was taken
 "Renewable energy projects of 40 GW fail to find buyers for green power")
IT companies likely to roll out 3-6% hikes this year, say HR experts
According to reports, the IT attrition rate for this year is expected to be around 12-13 per cent
 "IT companies likely to roll out 3-6% hikes this year, say HR experts")
Visa relaxation shot in the arm after Bangladesh medical tourists dipped
Between April and September 2024-25, major players reported an almost 25-40 per cent decline in medical tourist flow from Bangladesh
 "Visa relaxation shot in the arm after Bangladesh medical tourists dipped")
Increase in MSME financing right step to boost biogas industry, says IBA
Additionally, the revised MSME classification criteria allow for almost 2-2.5 times higher investment and turnover limits as compared to earlier regime
 "Increase in MSME financing right step to boost biogas industry, says IBA")
Ministry of DoNER working with Amazon to boost Bamboo market, says official
Ministry's Secretary Chanchal Kumar said the government intends to promote Bamboo products in both domestic and overseas markets
 "Ministry of DoNER working with Amazon to boost Bamboo market, says official")
Pharma industry's success relies on innovation, else it will extinct: Goyal
He said developed countries like Switzerland, the US, and Japan have huge per capita incomes due to innovation by companies in those nations
 "Pharma industry's success relies on innovation, else it will extinct: Goyal")
WB govt sets up investment synergy panel to improve ease of doing business
The initiative aims to streamline the process of obtaining necessary clearances and approvals for industrial projects and other investments in the state
 "WB govt sets up investment synergy panel to improve ease of doing business")
IND vs ENG 2nd ODI: Who will fit-again Kohli replace in India's Playing 11?
With Kohli now available, the Indian team management faces a selection dilemma regarding who will make way for him.
 "IND vs ENG 2nd ODI: Who will fit-again Kohli replace in India's Playing 11?")
Big corporates set to lead in tech adoption including AI, data analytics
The report highlighted numerous benefits that technology adoption brings to business, particularly in improving cybersecurity and the customer experience and enhancing employee skills and satisfaction
 "Big corporates set to lead in tech adoption including AI, data analytics")
Pharma exports to touch $65 bn mark by 2030, $350 bn by 2047: Report
While India is the largest supplier of generic drugs globally, accounting for one in five generic drugs sold worldwide, the nation ranks 11th in terms of export value
 "Pharma exports to touch $65 bn mark by 2030, $350 bn by 2047: Report")
Firms committed to investing Rs 27,106 cr under PLI scheme for steel: MoS
MoS for Steel and Heavy Industries Bhupathiraju Srinivasa Varma said that steel is deregulated sector and decisions such as investment, production are based on techno-commercial considerations
RBI rate cut: Real estate firms expect mid-housing segments to thrive
Niranjan Hiranandani, chairman of the National Real Estate Development Council and co-founder and managing director (MD) of Mumbai-based Hiranandani Group, said
 "RBI rate cut: Real estate firms expect mid-housing segments to thrive")