Page 32 - Industry News

Domestic copper industry flags cheap imports, seeks 3% safeguard duty

According to the Indian Primary Copper Producers Association (IPCPA), a surge in zero-duty copper imports is eroding the country's domestic smelting and downstream manufacturing sector

Bhumika Group to invest ₹700 cr in mixed-use development in Faridabad

Spanning around 5 acres, the project will include 88 premium low-density residential units in 3BHK-plus-study configurations, along with staff accommodation

Govt has infused over ₹3,100 crore in women-led startups in 6 years

Piyush Goyal also mentioned that while the country is home to over 2 lakh government-recognised startups, nearly 48 per cent of these startups have at least one woman director or partner

Govt amends petroleum, natural gas rules for ease of doing business

The Centre has amended the Petroleum and Natural Gas Rules, 2025 to ease exploration and production operations, allow longer leases, speed up approvals and raise penalties for violations

India Inc's profits relative to capital employed at 14-year high

Improving return ratios can be positive for FPI flows

Cabinet clears nuclear energy Bill to open sector to private participation

The draft legislation seeks to amend the Atomic Energy Act 1962 and the Civil Liability for Nuclear Damage (CLND) Act 2010

Brookfield to invest $1 bn to develop Asia's largest GCC in Maharashtra

The 2 million sq ft campus, set for 2029 completion, will create over 30,000 jobs and house a multinational bank's GCC

Cabinet approves 100% FDI in insurance; Bill likely in Parliament on Monday

The source further said that this is likely to be tabled on Monday in the ongoing winter session of Parliament, which is slated to conclude on December 19

India not part of US-led nine-nation semicon supply chain coalition

The US has launched Pax Silica, a nine-member coalition to secure the semiconductor supply chain from minerals to AI infrastructure. India, building its chip ecosystem, has been left out

Multiplex chains expect Dec to be one of the best-performing months in 2025

2025 expected to see the highest box office collection

MSME credit up 18 per cent annually till September 2025, data shows

Growth remained largely stable on a sequential basis, however. Portfolio growth continued to outpace borrower expansion, signalling a shift toward larger ticket-size loans and maturing profiles

Average 50 days of employment per household under MGNREGS in five years

The flagship rural employment scheme guarantees up to 100 days of wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work

As trade routes shift, demand for translation services will surge: RWS CEO

RWS CEO Benjamin Faes said translation demand will rise as firms expand into non-English markets, with India growing 20 per cent annually and local headcount likely to rise to 2,000

India's top real estate developers step up push into plotted development

Developers, including DLF, Godrej Properties, Brigade, Prestige, Puravankara, Mahindra Lifespaces, Rustomjee and several others have been launching large-format, plotted land communities

Cabinet okays CoalSETU window, linkage holders can export 50% coal

The policy will allow companies to export up to 50 per cent of coal, highlighting that India has sufficient domestic production of coal

A curious case of duopolies: IndiGo crisis exposes cracks across sectors

Multiple industries in India, including food delivery, payments, and paints, are experiencing emerging duopolistic trends

Maharashtra move to overhaul pagdi system set to revive stalled projects

Mumbai's long-stalled pagdi redevelopment ecosystem could finally shift as the Maharashtra government prepares a dedicated framework, promising clearer FSI norms, fast-track courts

RE adoption rises in textile sector, but challenges persist: Report

The findings are based on a review of 19 major textile firms, including Page Industries Ltd, Welspun Living Ltd, Arvind Ltd, and KPR Mill Ltd, from FY2023 to FY2025

India's EV battery demand to rise multifold to 256.3 GWh by 2032: Report

This explosive growth is driven by India's push toward electrification, with rising fuel prices, strong consumer demand, rapid model launches, and robust policy support

Meta India names ex-Amazon executive Aman Jain as new Public Policy head

Most recently, he served as Director of Public Policy at Amazon, leading policy strategy across marketplace, operations, competition, and technology