Page 34 - Industry News

With AI in picture, nearly half of GCC workers may need reskilling: Report

Nearly 46% of India's GCC workforce may need major upskilling or reskilling within three years as AI reshapes jobs, skills and business models

Govt spends ₹292 crore under National Green Hydrogen Mission so far: MNRE

The mission has awarded electrolyser capacity of 3,000 MW annually and green hydrogen production capacity of 756,100 tonnes per annum to participating companies

Airtel removes long-validity prepaid plans, keeps headline tariffs steady

The telecom operator has removed several 56- and 60-day prepaid plans as it seeks to move high-data users towards costlier packs and encourage migration to postpaid services

Exim Bank projects India's merchandise exports to grow 17.6% in Q2FY27

Non-oil exports are projected to rise 20.3 per cent to $113.8 billion, supported by geographical diversification, trade agreements and buoyant demand in partner countries

AI adoption surges, but are consumer firms seeing measurable returns?

Consumer firms are reporting operational gains from AI, but evidence that these benefits are translating into higher revenue, margins or Ebit remains limited

Over 36,000 firms shut ops in Maharashtra in 5 yrs, Oppn slams govt

The information was shared in the Lok Sabha by the Ministry of Corporate Affairs on August 10, in response to a question asked by Shiv Sena (UBT) MP Rajabhau Waje

Insurance regulators weigh reforms to tackle rising medical costs

Medical inflation of roughly 12% to 14% a ​year puts pressure on families and prompts authorities to hunt ways to standardise pricing and ‌coverage

El Niño drives India's July power demand to a record high: Crisil report

India's power demand is expected to rise 6.5-7.5 per cent this fiscal to 1,825-1,835 BU, driven by an expected increase in cooling demand due to higher temperatures and lower rainfall

35 years of liberalisation: How IT sector became India's dollar engine

India's IT industry was built not just on Y2K, but on the 1991 reforms that opened capital, technology, telecom and global markets, creating a powerful engine of exports and foreign exchange

Parliamentary panel bats for cap on private hospital room rents

The panel has recommended that basic hospital room tariffs should not exceed average room rates at three-star hotels in the peripheral area or vicinity of the facility

MMDR Bill can cut legacy mineral levy risks, boost mine economics: NMDC

NMDC says proposed restrictions on state-level mineral levies could provide greater fiscal certainty, reduce unexpected legacy claims and support long-term investment

Indegene eyes clinical research acquisition to widen pharma services play

The company is evaluating specialised CROs, data-management and patient-recruitment businesses as it looks to expand across the pharmaceutical value chain

Tractor retail sales defy El Niño worries, rise 25% in April-July

Registrations hit record July high as rainfall recovery, kharif sowing and healthy farm cash flows support rural demand

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

Ambani, Birla, Jindal families together valued at ₹42 trn: Barclays report

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion as of June 2026, up from Rs 69 trillion a year earlier, according to the report

Parliamentary panel recommends 25% of road budget for public transport

While the complete report was not available at the time of publishing, the panel's recommendations in its statement focused on enhancing bus transport in the country

FSSAI proposes new limits for high-fat, sugar and salt foods in schools

The new framework aims to identify foods high in added fat, sugar and salt, while setting clearer nutritional benchmarks for food available to schoolchildren

PM Surya Ghar got 7.77 million applications, 4.19 million installations

PM Surya Ghar has received 7.77 million applications since February 2024, with 4.19 million rooftop solar systems installed, covering 5.04 million households

Tribeca, Ira Realty to invest ₹2,000 cr to build Trump Towers in Hyderabad

The Trump Towers project, located at Golden Mile Road in Kokapet, comprises two 65-storey buildings with 450 apartments, including 16 penthouses

Green debt share in Reit borrowings doubles to 12% in four years: Icra

Outstanding green borrowings rose nearly sevenfold to ₹8,400 crore by March 2026, while Icra expects their share in total Reit debt to reach 15-17 per cent