Page 34 - Industry News

Mumbai sees best Feb property sales in 14 yrs with 13,000+ registrations

Mumbai logged 13,029 property registrations in February 2026, the strongest performance for the month in 14 years, with stamp duty collections rising 21 per cent, Knight Frank India said

Nvidia partners with telecom firms to make sure 6G networks embrace AI

Nvidia is teaming up with a group of telecommunications companies including Nokia Oyj, SoftBank Group Corp. and T-Mobile US Inc

Paintmakers flag intense competition; pin hopes on demand recovery in Q4

The markers also pointed out the impact of a shorter festive period, along with a prolonged monsoon, on sales in the December quarter

PM Modi inaugurates Micron ATMP unit; Sanand plant starts production

The Micron ATMP facility was the first project approved by the government in 2022 under the ambitious ₹76,000 crore India Semiconductor Mission

Iran conflict to push freight, insurance costs up: Indian exporters

Federation of Indian Export Organisations (FIEO) President SC Ralhan said the ongoing conflict has already begun to disrupt established global logistics channels

Payments Council of India writes to FM raising concern on Fino CEO arrest

The outreach comes at a time when FM Sitharaman on social media platform X took note of the issue and said she will check on it

India making its mark in hardware: PM Modi at Guj chip plant inauguration

The plant will manufacture SSD (Solid State Drive) storage devices as well as RAM type DRAM and NAND products, stated a government release

MOL in talks with Indian OMCs for joint ownership of oil carrier vessels

Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding

Digital connectivity readiness: Trai proposes 9-level ratings for buildings

Trai proposes expanding digital connectivity ratings to nine levels with half-star tiers, adds design-stage certification for under-construction properties and revises categories for assessment

Coal India gears up to meet peak summer power demand, assures ample stocks

CIL's producing subsidiaries were holding 115 million tonnes (MT) of coal at pitheads as of February 26, 2026, a figure expected to rise further by the close of the fiscal year

NBCC to redevelop DDA staff quarters in two colonies at ₹775 crore

The MoUs were signed in the presence of N Saravana Kumar, Vice Chairman, DDA and K P Mahadevaswamy, CMD, NBCC

WCL finds 8 rare earth elements, critical minerals in its 6 mines in Maha

Critical minerals are a subset of minerals considered crucial for the manufacturing and technological needs of industries, while REEs are a subset of critical minerals

Premium homes account for 50% of sales in top 8 cities: Knight Frank India

Knight Frank says 175,091 units priced above Rs 1 crore were sold in 2025, up 14% YoY, even as sub-Rs 50 lakh segment saw a 17% decline

India aims to cut thermal coal imports by 30% for power plants in 2026

Government has long sought to cut coal imports for the power sector, but those efforts have failed as power plants have been unable to burn lower-quality local coal

Indian fashion designers pivot to jewellery to tailor topline boost

Couture houses like Sabyasachi and Manish Malhotra are expanding into high jewellery, tapping self-purchasing women and investment-led demand while extending their design language beyond apparel

Smartphone market to shrink 13% due to memory chip crisis, says IDC

The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of the ongoing memory crunch that's affecting every corner of the electronics industry

World order shaken, can't give up on multilateralism: Angela Merkel

Delivering the inaugural Dr Manmohan Singh lecture, she referred to the US-led protectionist trade policies and said the world order had been shaken.

New smartphone PLI scheme may be linked to domestic value addition

Existing scheme with incentives only for output ends on March 31

States can tax high-income diversified agriculture: Montek Singh Ahluwalia

Ahluwalia further said that nothing in the Constitution prevents a state government from devolving resources downward if it chooses, though pressure is often directed at the central government

Shell projects India's gas demand rising over 50% in the next decade

Shell expects demand to continue accelerating, with India's energy consumption projected to surpass that of the US in the 2040s and China in the 2060s