Page 34 - Industry News

Cabinet extends IVFRT scheme for 5 years to upgrade immigration services

Under the scheme, upgradation and expansion of core infrastructure across Immigration Posts, FRROs, and Data Centres will be undertaken to build a resilient and scalable system nationwide

India ready for peak power demand, but supply, transmission risks remain

India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks

Supreme Court upholds state's right to withdraw power duty exemptions

Supreme Court overturns Bombay High Court rulings granting electricity duty relief to industries, affirming State's authority to modify fiscal exemptions

55% of GCC work in India at risk from AI-driven disruption: Zinnov

Report flags growing AI-driven disruption in global capability centres, urging shift towards innovation, advanced skills and high-value work to sustain relevance

India's microdrama market may reach $4.5 billion by 2030: Report

India's microdrama segment is set for rapid growth, with user adoption rising sharply, though OTT platforms continue to lead in monetisation and paying subscriber base

LPG supply to be cut if consumers refuse PNG switch, says govt order

Government mandates shift to piped natural gas in connected areas, linking LPG supply to PNG adoption amid supply concerns and push for cleaner fuels

Parliamentary panel flags low fund use by tourism ministry, seeks reforms

Parliamentary panel highlights sharp underutilisation, recommends quarterly spending targets and a dedicated promotion board to boost tourism marketing

IBC helped recover over ₹4 trillion in last decade: Anurag Thakur

Participating in the debate on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, Thakur said IBC is not a recovery mechanism but a revival and resurrection of the company

Businesses can pay customs duty via UPI, cards on ICEGATE portal: CBIC

The CBIC in a circular said ICEGATE e-Payment platform has enabled 'Payment Aggregator' as an authorised mode to facilitate customs duty payment

Power ministry directs plants using imported coal to run at full capacity

The step has been taken to ensure optimal power availability, considering the prevailing demand-supply scenario and the expected rise in electricity demand in the coming months

Rajasthan introduces industrial park policy 2026 to boost jobs, investment

Under the leadership of Chief Minister Bhajanlal Sharma, the policy aims to develop world-class industrial parks and position the state as a reliable and future-ready industrial destination

Odisha keeps power tariff unchanged for fifth year despite rising costs

Regulator retains electricity rates for FY27 despite rising procurement costs, offering relief to consumers while introducing incentives for digital payments and efficiency

Odisha to take authentic Odia cuisine nationwide via restaurant chain plan

Odisha plans to promote its culinary heritage nationwide through dedicated restaurant chains across metros and tourist hubs, aiming to boost gastronomy tourism and cultural branding

Restaurants cannot add 'LPG surcharge' to bill, will face action: CCPA

The consumer protection body on Wednesday said such levies cannot be added automatically, calling them unfair trade practices, and warned that violations would invite strict action under the law

Spirituality remains key driver for travel in Asia, India ranks top: Report

Spirituality continues to shape travel choices in Asia, with Indian travellers leading the region in planning faith-based trips, according to a report by Agoda

Avantel bags ₹459.9 crore RTIS contract from Zetwerk for Indian Railways

The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the supply and annual maintenance (AMC) of RTIS devices

Brigade Enterprises eyes ₹1,100 cr revenue from Bengaluru housing projects

The company said it has launched 'Brigade Belvedere', a 10.75-acre residential development in East Bengaluru

India scaling up rare earth magnet output to cut imports: Jitendra Singh

He outlined ambitious targets -- 500 tonnes per annum in the first phase, scaling to 2,000 tonnes by 2028 and 5,000 tonnes by 2030

No fuel shortage, say oil firms; urge public to avoid panic buying

Indian Oil Corporation (IOC), the nation's largest oil firm, said "there is no shortage of petrol or diesel", adding that its outlets are "well-stocked and fully operational"

India falls short on strategic oil reserves funding amid West Asia crisis

India's strategic oil reserve spending in FY26 is set to reach only 18% of the Budget estimate, even as West Asia tensions disrupt supply and highlight vulnerabilities in the country's energy security